Lion Capital S.a. · BVB:LION
Lion Capital — SIF Banat-Crișana — H1 2021 Earnings Presentation
21 slides from Lion Capital's earnings presentation, 2021
Slide 1: Presentation of Financial Results H1 2021
— PRESENTATION OF FINANCIAL RESULTS H1 2021 — This presentation is made available on SIF Banat-Crișana website www.sif1.ro for information purposes only, and should not be reproduced, copied or re-transmitted
Slide 2: General Information
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 GENERAL INFORMATION CORPORATE NAME Societatea de Investiții Financiare (SIF) Banat-Crișana S.A. COMPANY TYPE ▪ joint stock company, established as self-managed investment company, authorized by the Financial Supervisory Authority as Alterna
Slide 3: General Information: Registrations and Auditor
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 GENERAL INFORMATION REGISTRATIONS ▪ Number in Trade Register J02/1898/1992 ▪ Tax Identification Code RO 2761040 ▪ Number in ASF AFIAA Register PJR07.1AFIAA / 020007 / 09.03.2018 ▪ Number in ASF FIAIR Register PJR09FIAIR / 020004 / 01.07.202
Slide 4: General Information: Share Capital
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 GENERAL INFORMATION SHARE CAPITAL SIF1 IS PART OF BVB INDICES RON 51,542,236.30 BET-FI, BET-XT, BET-XT-TR, BET-BK TOTAL ISSUED SHARES ISIN CODE 515,422,363 ROSIFAACNOR2 OUTSTANDING SHARES BLOOMBERG ID 515,422,363 SIF1:RO NOMINAL VALUE/SHARE
Slide 5: Shareholders' Structure
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 SHAREHOLDERS’ STRUCTURE as per holdings, as of June 30, 2021 ■ 40.34% ■ 0.34% Romanian individuals non-resident individuals (5,743,462 shareholders) (2,084 de acționari) 5,745,698 shareholders ■ 38.99% ■ 20.33% Romanian legal entities non-r
Slide 6: SIF Banat-Crișana Investment Strategy
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 SIF Banat-Crișana investment strategy aims to maximize the performance of the portfolio in order to increase the value of assets under management and investment income Financial objective is to make use of an aggregate return on the portfol
Slide 7: Lines of Action in H1 2021
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 Lines of action in H1 2021 ▪ improving portfolio quality by taking advantage of investment projects in sound businesses or assets, in conditions of optimizing the portfolio risk-return balance; ▪ continuing the portfolio restructure by redu
Slide 8: Main Balance Sheet Items
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 MAIN BALANCE SHEET ITEMS [RONm] 30.06.2020 31.12.2020 30.06.2021 Total assets, of which 2,560.23 2,883.77 3,353.02 Total financial assets 2,539.74 2,859.53 3,323.63 Equity (own capital) 2,434.84 2,729.90 3,153,95 Total liabilities 125.39 15
Slide 9: Performance of Shares and Net Asset
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 PERFORMANCE OF SHARES AND NET ASSET 31.12.2020 30.06.2021 Share price (end of period, RON) 2.2000 2.7400 NAV/S (RON) 5.6051 6.4184 Accounting net asset / share (RON) 5.3055 6.1192 Nominal value of share (RON) 0.1 0.1 No. of shares issued 51
Slide 10: Net Asset Value December 2020 - June 2021
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 NET ASSET VALUE December 2020 - June 2021 RON million (RONm) 4,000 3,600 3,160 3,249 3,308 2,910 2,901 3,082 3,200 2,884 2,800 2,400 2,000 1,600 1,200 Dec. '20 Jan. Feb. Mar. Apr. May Jun. '21 3,308 RONm net asset value (RON 6.4184 / share)
Slide 11: Assets Under Management as of June 30, 2021
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 ASSETS UNDER MANAGEMENT as of June 30, 2021 breakdown on classes (weight on total assets) 0.5% 66.1% ■ listed shares ■ corporate bonds value 2,201.90 RONm value 42.37 RONm 8.6% (31.12.2020: 1,951.14 RONm) (31.12.2020: 53.60 RONm) 1.3% ■ unl
Slide 12: Stock Portfolio: Breakdown by Sector
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 ■ banking - financial STOCK PORTFOLIO stakes in 14 companies, worth RON 1,287.46m (39.82% of NAV) breakdown by sector (31.12.2020: 16 companies, worth RON 1,151.26m; 40.48% of NAV) ■ commerce – real estate stakes in 14 companies, worth RON
Slide 13: Stock Portfolio: Stake Held and Liquidity
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 STOCK PORTFOLIO STOCK PORTFOLIO breakdown by stake held breakdown on liquidity 46.3% ■ up to 5% ■ listed companies stakes in 36 companies 15% 85% 39% worth 1,206.35 RONm (31.12.2020: 1,025.35 RONm) 2,201 RONm (31.12.2020: 1,951 RONm) value
Slide 14: Top Companies in SIF Banat-Crișana Portfolio
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 TOP 10 COMPANIES IN SIF BANAT-CRIȘANA PORTFOLIO as of June 30, 2021 % of Company (symbol) Sector Stake Value of holding (RON)* NAV 1. Banca Transilvania (TLV) banking-financial 4.39% 686,434,800 20.75% 2. SIF Imobiliare Plc (SIFI) real esta
Slide 15: SIF1 vs. BET-FI Index in H1 2021
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 SIF1 vs. BET-FI INDEX IN H1 2021 SIF1 (RON) BET-FI (points) 2.7400 RON 54,000 2.5600 RON 2.7000 52,000 2.5100 RON 2.4900 RON 50,000 2.4400 RON 2.5000 48,000 2.1800 RON 52,716.04 46,000 49,592.51 48,204.49 48,146.69 2.3000 44,000 46,606.53 4
Slide 16: SIF1 Price and Volume in H1 2021
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 SIF1 PRICE AND VOLUME IN H1 2021 500,000 436,518 3,552,256 // 3.0000 450,000 376,236 2.7400 RON 400,000 358,475 2.5600 RON 350,000 2.4900 RON 2.5200 RON 287,806 300,000 2.5000 price SIF1 (RON) 2.3500 RON 250,000 volume 200,000 2.1800 RON 2.
Slide 17: Standalone Statement of Financial Position
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 Standalone statement of financial position (extract from standalone financial statements) (all amounts in RON) 31.12.2020 30.06.2021 Cash and cash equivalent 150,710,816 287,950,418 Financial assets at fair value through profit and loss 1,3
Slide 18: Standalone Statement of Profit or Loss
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 Standalone statement of profit or loss and other comprehensive income (extract from standalone financial statements) (all amounts in RON) 30.06.2020 30.06.2021 Income Dividend income 34,570,830 29,189,076 Interest income 5,398,937 1,859,684
Slide 19: Main Lines of Action for 2021
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS H1 2021 Main lines of action for 2021 • Optimizing portfolio quality through business investment projects or stable assets, generating cash flow or with growth potential while optimizing the risk-return balance • Continuing portfolio restructuring
Slide 20: Financial Calendar 2021
FINANCIAL CALENDAR 2021 February 26, 2021 Preliminary annual financial results as of December 31, 2020 April 26, 2021 General Meeting of Shareholders for the approval of the standalone and the consolidated financial statements for 2020 April 26, 2021 Submission of the Annual Report and the standalon
Slide 21: www.sif1.ro
HEADQUARTES 35A Calea Victoriei Arad, 310158, Romania TEL +40257 304 446 FAX +40257 250 165 EMAIL investitori@sif1.ro BUCHAREST BRANCH 46-48 S. V. Rahmaninov Str., 3rd floor, sector 2, Bucharest, 020199, Romania TEL +4021 311 1647 FAX +4021 314 4487 EMAIL bucuresti@sif1.ro www.sif1.ro