Gsd Holding A.s. · BIST:GSDHO
Gsd Holding A.s — Q4 2023 Earnings Presentation
17 slides from Gsd Holding A.s's earnings presentation, May 5, 2024
Slide 1: GSD Holding Q4 2023
GS) Holding Q4 2023 Posted on 5 May 2024
Slide 2: GSD Holding at a glance
1986 Q4 2023 Q4 2023 Established in TL 986 TL 9,050.8 1986 Million Million Consolidated EBIT Total Assets Group entities listed on 2 Borsa Istanbul (BIST) 2
Slide 3: GSD Holding Business Lines
GSD Holding Business Lines Finance Maritime Energy GSD Holding operates in finance, marine and energy sectors through its subsidiaries. 3
Slide 4: Finance
Finance - Total Assets (as of Q4 2023) Established in TL 1,398 1999 Million 100% EBIT (as of Q4 2023) Owned by GSD Holding TL 336 Million 4
Slide 5: Finance
Finance - EBIT (as of Q4 2023) Total Assets (as of Q4 2023) TL 262 Million Established in TL 1,303 1994 Million 88% Factoring Receivables (as of Q4 2023) Owned by GSD Holding TL 1,243 Million 5
Slide 6: Maritime
Maritime - GSD Marin EBIT Total Comprehensive Established in (as of Q4 2023) Income excluding non- 1992 TL 161 controlling interest (as of Q4 2023) & Million Listed on TL 976 BIST Million GSD Shipping Total Assets Established in (as of Q4 2023) 2016 TL 5,496.7 Million 6
Slide 7: Energy
Energy The first and only power plant that works with asphaltites 9.60% in Turkey Owned by GSD Holding Member of 405 MWe EMRA Thermal Energy Plant Energy Market fuelled by asphaltite. Regulatory Authority 7
Slide 8: Consolidated Operating Income
Consolidated Operating Income 1,444.3 Q4 2023 (19.3) 141.2 717.6 Q4 2023 336.4 Q4 2022 Banking Factoring 262.1 Marine Holding Q4 2023 Q4 2022 Consolidated Operating Income / Business Sector Shares in Consolidated Loss - TL Million Operating Income - TL Million (*) (*) Business Sector Shares are illu
Slide 9: Consolidated Operating Income by Business Segments
Consolidated Operating Income 982.9 Q4 2023 Q4 2022 Breakdown of 396.6 Consolidated 336.4 262.1 Operating Income by the Business Segments 127.3 141.2 -19.3 -49.2 – TL Million Banking Factoring Marine Holding (*) Business Sector Shares are illustrated before intra-group eliminations. 9
Slide 10: A 405 MWe Powerplant in Southeast Turkey
Silopi Elektrik offers many Controllable fuel costs and GSD Holding sold back 5.4% its advantages that are not provided reliable fuel supply. shares in Silopi Elektrik. Also the by other thermal power plants. capital of Silopi Elektrik was increased to TL 1.5 billion with a paid capital increase and
Slide 11: GSD Marin fleet
Cano Maritime Hako Maritime Nehir Maritime M/V Cano M/V Hako M/V Nehir Malta Malta Marshall Islands GSD Marin is the first and the only public 409k DWT – Current cargo carrying capacity All 9 ships that have been completed are shipping company in Turkey. under management. managed by GSD Marin Focuse
Slide 12: GSD Shipping B.V. fleet
Mila Maritime Zeyno Maritime Dodo Maritime Neco Maritime Lena Maritime Nejat Maritime M/V Mila M/V Zeyno M/V Dodo M/V Olivia M/V Lena M/V Nejat Malta Malta Malta Malta Marshall Islands Marshall Islands GSD Shipping B.V. is established as 100% subsidiary of GSD Holding in Nehir Maritime Ltd., a compa
Slide 13: Net Foreign Currency Position
USD Million USD Million 27.5 Net Foreign 213 Currency Position GSD Holding Unconsolidated GSD Holding Consolidated 13
Slide 14: Financial Highlights Consolidated Income Statement
Financial Highlights Consolidated Income Statement $ Million TL Million TL Million Changes TL Million Q4 2023 Q4 2023 Q4 2022 % Revenue 1,857.3 2,473.9 (25)% 78.2 Gross Income 39.4 935.4 1,642.0 (43)% Operational Income 30.2 717.6 1,444.3 (50)% EBIT 41.5 986.2 2,904.5 (66)% Tax (net) (9.9) (234.5) (
Slide 15: Financial Highlights Consolidated Balance Sheet
Financial Highlights Consolidated Balance Sheet $ Million* TL Milyon TL Milyon Changes TL Million Q4 2023 Q4 2023 Q4 2022 % Cash and cash equivalents 37.2 1,094.0 1,501.3 %(27) Financial Investments 49.2 1,448.9 2,169.4 %(33) Loans and advances given to customers, net 14.5 427.1 1,113.6 %(62) Factor
Slide 16: Shareholders of GSD Holding as of Q4 2023
Shareholders of GSD Holding as of Q4 2023 25.5% % M. Turgut Yılmaz GSD Holding (buy-backed shares) MTY Delta Denizcilik İç ve Dış Ticaret 59.9% 10.0% Adeo Turizm Otelcilik Ticaret Limited Şirketi 4.5% Other privileged shareholders 0.1% Publicly owned 0.0% 16
Slide 17: Contact Information
Contact Information www.gsdholding.com.tr +90 216 417 10 08 Investor Relations Department Aynur Zorer Tuğrul Duman Investor Relations Manager Financial Affairs Assistant Manager azorer@gsdholding.com.tr tduman@gsdholding.com.tr