Kuwait Financial Centre Kpsc · KSE:MARKAZ
Kuwait Financial Centre Kpsc — FY2022 Earnings Presentation
20 slides from Kuwait Financial Centre Kpsc's earnings presentation, 2023
Slide 1: Earnings Presentation 2022
elt Earnings Presentation 2022 4 al MARKAZ|
Slide 2: Discussion Agenda
Discussion Agenda 2022 Performance Highlights .…………................................. 3-4 Markaz Overview ............................................................. 5-7 Business Highlights .…………................................................ 8-9 Financials Trend .………….............................
Slide 3: 2022 Performance Highlights
2022 Performance Highlights Markaz Assets Under Management of KD 1,154 million, an increase of 11% from Dec 2021 Profit and Loss Highlights KD 18.80 mn Total Revenue KD 11.27 mn KD 6.86 mn Management Fees & Commission Return on Principal Investments Net Rental Income KD 3.64 mn Management Fees & Com
Slide 4: 2022 Performance Highlights
2022 Performance Highlights Markaz ended 2022 with Net Profit attributable to shareholders of KD 2.86 million Management Fees and Commission up by 21% y-o-y AUM increased to KD 1,154 million, up by 11% from December 2021 Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MA
Slide 5: Markaz Overview
Markaz Overview One of the leading financial institutions in the region delivering consistent shareholders resturns Leading market position Sustainable long-term Building a sustainable economy Our Team - cornerstone of our As one of the region’s leading shareholder returns in Kuwait success asset ma
Slide 6: Markaz Overview (cont’d)
Markaz Overview (cont’d) Delivering International Investment Reach to our Clients 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 6
Slide 7: Markaz Overview (cont’d)
Markaz Overview (cont’d) One of the most recognized and well awarded brands across the MENA region Best Investment Bank Best Asset Manager / Best Best Private Bank Kuwait Wealth Manager of the in Kuwait Investment Bank in Kuwait In Kuwait Year By: Global Finance By: EMEA Finance By: WealthBriefing B
Slide 8: Business Highlights
Business Highlights Total AUM of KD 1,154 billion, an increase of 11 % from Dec 2021 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 371 million ▪ Asset management continues
Slide 9: Business Highlights (Cont’d)
Business Highlights (Cont’d) Adding significant value to clients through high quality advisory services 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
Slide 10: Financials Trend
Financials Trend 2022 Revenues growth on y-o-y basis 2022 Net Profit (KD 000’s) ▪ Total Revenue decreased of 38.4% was primarily because ▪ The net profit decreased due to decreased in the reduction of 95.3% in the gain from financial assets fair revenues Income as a result of the decrease in value c
Slide 11: Financials Trend (Cont’d)
Financials Trend (Cont’d) Return on Equity1 Dividend Per Share and Payout ▪ Return on Equity of 2.8% in 2022 was primarily due to ▪ Board of Directors proposed a cash dividend of 5 Fils the increase in asset managements fees, rental per share a payout of 87.7% on the EPS income and other income. ▪ I
Slide 12: Profit & Loss Key Metrics
Profit & Loss Key Metrics Period Ended Y-o-Y (KWD 000's) Growth 2022 2021 (%) 2022 Revenue Analysis Management Fees and Commission 11,269 9,812 14% Interest income 461 477 (3%) Dividend income 861 1,216 (29%) Gain from financial assets at fair value through P/L 727 15,497 (95%) Gain from financial l
Slide 13: Balance Sheet Key Metrics
Balance Sheet Key Metrics Dec Sep Dec (KWD 000's) 2022 2022 2021 ASSETS Asset Under Management Cash and bank balances 15,112 9,845 10,497 Time deposits 2,104 2,131 106 Investments at fair value through profit or loss 105,069 118,753 111,618 December 2022 AUM Dec 2021 AUM Investments carried at amort
Slide 14: Asset Management & Investment Banking
Asset Management & Investment Banking Management Fees & Commission (KD 000’s) 6% CAGR 11,269 9,812 8,930 8,692 8,131 2018 2019 2020 2021 2022 Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) 10% (21)% CAGR CAGR 1,724 10,598 8,114 8,789 7,206 7,519 1,023 578 612 671 2018 2019 2020
Slide 15: Asset Management Fees Returns
Asset Management Fees Returns Asset Management Fees1 (KD 000’s) AUM (KD million) 1,143 1,154 10,598 8,789 1,093 8,114 7,519 7,206 1,041 979 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Annualized Management Fees (%) 0.92% 0.84% 0.77% 0.66% 0.71% 2018 2019 2020 2021 2022 1. Asset Management incl
Slide 16: Return on Principal Investments
Return on Principal Investments Income Returns (KD 000’s) Investment Assets1 (KD million) 21,370 186 188 191 175 157 14,706 6,428 6,857 3,090 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Annualized Income Returns (%) 11.3% 8.4% 4.1% 3.6% 1.7% 2018 2019 2020 2021 2022 1. Investment Assets includ
Slide 17: Capital Structure and Returns
Capital Structure and Returns Markaz Net Debt to Total Equity reduced to 0.35x Return on Assets1 (%) Dec Sep Dec 7.1% (KD 000's) 2022 2022 2021 Bank borrowings 29,015 36,801 25,280 Due to Banks - - 457 3.5% Bonds Issued 35,000 35,000 35,000 1.3% 1.4% Total Debt 64,015 71,801 60,737 Cash and Bank Bal
Slide 18: Shareholders Information
Shareholders Information Focused on sustainable value creation for shareholders 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% 2022 Proposed Al Mubader
Slide 19: Disclaimer
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 contain
Slide 20: Thank you.
Thank you. +965 2224 8000 | info@markaz.com markaz.com
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