Kuwait Financial Centre Kpsc · KSE:MARKAZ
Kuwait Financial Centre Kpsc — FY2021 Earnings Presentation
21 slides from Kuwait Financial Centre Kpsc's earnings presentation, Mar 20, 2022
Slide 1: Earnings Presentation 2021
elt Earnings Presentation 2021 j—4y—al| MARKAZ|
Slide 2: 2021 Performance Highlights .…………................................. Markaz Overview ..................................…
2021 Performance Highlights .…………................................. 3-4 Markaz Overview ............................................................. 5-7 Business Highlights .…………................................................ 8-9 Financials Trend .…………...............................................
Slide 3: Profit and Loss Highlights
Profit and Loss Highlights KD 30.64 mn Total Revenue KD 9.81 mn KD 21.37 mn Management Fees & Commission Return on Principal Investments Net Rental Income KD 3.48 mn Management Fees & Commission Asset Management KD 8.79 mn KD (0.54) mn Interest and Dividend KD 1.69 mn increased by 20.7% from KD 8.13
Slide 4: Chairman's statement on 2021 financial results
Kuwait Financial Centre “Markaz” reported its financial results for 2021 with total revenues of KD 30.64 million, as compared to KD 13.16 million in 2020. Markaz delivered a Net Profit attributable to shareholders of KD 14.99 million, as compared to a loss of KD 1.72 million in 2020, and Earnings Pe
Slide 5: Outlook and business review
Our MENA Equity team actively managed our Markaz equity funds to maximize the risk-adjusted returns, and to benefit from the special market conditions marked by high liquidity and the participation of foreign investors. As a result, Markaz flagship funds recorded solid returns in 2021. Markaz also l
Slide 6: Markaz Overview
Leading market position Sustainable long-term shareholder Building a sustainable economy in Our Team - cornerstone of our As one of the region’s leading returns Kuwait success asset management and investment Generates sustainable long-term Endeavors to actively participate in A team of 150+ employee
Slide 7: Business lines and regional offices
Germany US Poland Turkey Kuwait Qatar Bahrain Oman KSA India UAE Egypt Lebanon Equity Fixed Income MENA Real Estate Investments International Real Estate Investment Banking Advisory Offices
Slide 8: Awards: Best Asset Manager and Best Investment Bank
Best Asset Manager Best Investment Bank MENA Real Estate Asset Manager Most Innovative Investment Bank in Kuwait in Kuwait of the Year By: EMEA Finance By: Global Finance By: Global Investor Magazine By: EMEA Finance Best Investment Bank Best Equity House Sustainability and CSR Research Firm of the
Slide 9: Asset Management and Real Estate Investments
Asset Management Real Estate Investments GCC Equity Funds, Fixed Income Fund, Others: Middle East and North Africa, International: Total AUM of KD 732 million Total AUM of KD 309 million Asset management continues to implement Markaz’s long term bottom up investment approach along with MENA Real E
Slide 10: Investment Banking and Research
Investment Banking Research M&A, Advisory, Equity & Debt Capital Markets, IPOs and Mena focused Research, Consulting Services: restructuring: Publishes MENA focused research reports and bespoke consulting services for over a decade GCC IPO and M&A activity recovered during the year Operates th
Slide 11: 2021 Revenues growth and Net Profit
2021 Revenues growth on y-o-y basis 2021 Net Profit (KD 000’s) Total Revenue increase of 133% was primarily driven The net profit increased due to increase in revenues by gain arising from financial assets fair value and and positive fair value adjustment of financial assets strong recovery in A
Slide 12: Return on Equity and Dividend Per Share
Return on Equity1 Dividend Per Share and Payout Return on Equity of 14.3% in 2021 was primarily due Board of Directors proposed a cash dividend of 10 Fils to a gain arising from financial assets at fair value per share and 5% bonus shares. Total dividend of 15 through P&L Fils per share with a p
Slide 13: 2021 Revenue Analysis
Period Ended Y-o-Y (KWD 000's) Growth 2021 2020 (%) 2021 Revenue Analysis Management Fees and Commission 9,812 8,131 20.7% Interest income 477 552 (14%) 69.8% Dividend income 1,216 1,002 21% Gain/(loss) from investments at fair value through P/L 15,497 (2,077) - Change in fair value through P&L 218
Slide 14: Balance Sheet Key Metrics
(KWD 000's) Dec Sep Dec 2021 2021 2020 ASSETS Asset Under Management Cash and bank balances 10,497 7,024 9,951 Time deposits 106 5,044 9,483 Investments at fair value through profit or loss 111,618 107,069 90,101 December 2021 AUM Dec 2020 AUM Investments at fair value through OCI - - 410 KD 1,041 m
Slide 15: Management Fees & Commission
Management Fees & Commission (KD 000’s) 7.7% CAGR 9,812 8,930 8,692 8,131 7,302 2017 2018 2019 2020 2021 Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) 9% (1.0)% CAGR CAGR 8,789 1,724 8,114 7,519 7,206 6,237 1,065 1,023 578 612 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021
Slide 16: Asset Management Fees, AUM and Annualized Fees
Asset Management Fees1 (KD 000’s) AUM (KD million) 8,789 1,143 8,114 7,206 7,519 1,093 6,237 1,027 1,041 979 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Annualized Management Fees (%) 0.84% 0.77% 0.66% 0.71% 0.61% 2017 2018 2019 2020 2021 1. Asset Management includes GCC Equity & Fixed Income
Slide 17: Income Returns on Principal Investments
Income Returns (KD 000’s) Investment Assets1 (KD million) 186 188 21,374 175 157 145 14,706 8,058 6,428 3,090 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Annualized Income Returns (%) 11.3% 8.4% 5.6% 4.1% 1.7% 2017 2018 2019 2020 2021 1. Investment Assets include Investments at Fair Value thro
Slide 18: Capital Structure and Returns
Return on Assets1 (%) Dec Sep Dec 7.1% (KD 000's) 2021 2021 2020 Bank borrowings 25,280 13,337 21,081 3.5% Due to Banks 457 1,303 649 2.7% 1.3% Bonds Issued 35,000 44,350 44,350 Total Debt 60,737 58,990 66,080 (0.8)% Cash and Bank Balance 10,497 7,024 9,951 2017 2018 2019 2020 2021 Time Deposits 106
Slide 19: Major Shareholders and Corporate Information
Major Shareholders Corporate Information Major Shareholders Type % Holding Main Market – Boursa Kuwait Market Segment Listing (Sec Code: 213) Kuwait Pillars for Financial Investment Direct 29.70% Cash Dividend – 10 Fils Per Share Al Mubader Co Direct 5.13% 2021 Proposed Dividends* Bonus Issue – 5% (
Slide 20: Disclaimer
This document has been prepared by Churchgate Partners for Kuwait Financial Centre K.P.S.C. (“Markaz”) investors, solely for informational purposes. This presentation may contain statements that are not historical facts, referred to as “forward looking statements” .The information contained herein h
Slide 21: markaz.com
+965 2224 8000 | info@markaz.com markaz.com
Kuwait Financial Centre K.P.S.C. (Markaz) — FY2021 Earnings Presentation on 6ix