Trustco — Investor Presentation (July 2017)
12 slides from Trustco's investor presentation, July 2017
Slide 1: & S B z S
5 3 & S 8 B 4 z S
Slide 2: Experience Counts: Who has the most expertise to run government?
EXPERIENCE COUNTS Who has the most expertise to run government?
Slide 3: Experience Counts: Who has the most expertise to run business?
EXPERIENCE COUNTS So who has the most expertise to run business?
Slide 4: What Government Does Well
WHAT GOVERNMENT DOES WELL a ¢ A proper and timeous turn towards fiscal consolidation * Dignity in the face of unjustified criticism ¢ 53 Worldwide on Transparency Index * 24" Worldwide on Press Freedom Index * Significant reduction in poverty via social grants * Namibia’s growing maturity on the wor
Slide 5: Largest Namibian Companies by Net Worth
Local INo [Company Vear_(Net Worth|Total Assets [Origin |Gov | ‘1Nampower 2016 18 173 30 233 100% 2 Bank of Namibia 2016 7280 34214 100% 3Réssing 2016 4479 6 787 Australia 3% 4Capricorn Investment Hol. 2016 4274 32 334 Namibian SFNB Namibia Holdings 2016 4041 34186RSA 6Namport 2016 2952 6 208 100% 7
Slide 6: Seems Government Is Not So Good at Doing Business
SEEMS GOVERNMENT IS NOT SO GOOD AT DOING BUSINESS Cie ¥ TRUSTCO cena saad (Amounts in NAD Millions) Nampower 2016 18 173 30 233 5006 (286) Bank of Namibia 2016 7280 34214 591 (527) Namport 2016 2952 6208 1458 247 Development Bank Namibia 2016 2875 4594 447 207 Agibank 2015 1960 2412 156 47 Namibia A
Slide 7: Private Companies
PRIVATE COMPANIES WHERE FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC (Amounts in NAD Millions) 1 Capricorn Investment Hol. 2016 4274 32 334 2 963 939 2 Trustco 2017 2492 5 516 1246 530 3 Namibia Breweries 2016 1257 2470 2426 373 4 Oryx Properties 2016 938 2399 288 106 5 Meatco (70%) 2016 286 700
Slide 8: Who Is Better at Creating Optimal Wealth?
WHO IS BETTER AT CREATING OPTIMAL WEALTH? Government 40252 57 97894 37 18018 36 753 12 2% Foreign 20057) 29 117811 45 21552 43 3694 58 18% Namibian 9722 14 45893 18 10693 21 2031 30 21% * Wealth is concentrated in the hands of Government and foreign shareholders. * We should focus on unlocking the w
Slide 9: The Duty of Business
THE DUTY OF BUSINESS Ge TRUSTCO ‘stifraua| 'srg008 * Create wealth, be profitable, and pay taxes * Accelerate local human capital development * Be competitive and become world leaders in their industry sectors * Must be exemplary corporate citizens & display excellence in corporate governance. S, ~
Slide 10: What Government Can Do for Business
WHAT GOVERNMENT CAN DO FOR Cie TRUSTCO BUSINESS RUSTCO * Create a environment in which the private sector can operate within predictable and well defined rules. * Create a fiscal policy that is sustainable and keep inflation low and stable. * The economy must be open for trade with the rest of the w
Slide 11: Let business focus on improving the RoE of the economy
Let business focus on improving the RoE of the economy, and via that, reduce poverty and unemployment for all. Let government create the enabling environment to allow business to accomplish this. Let us do more, what each does best, for a greater Namibian future.
Slide 12: Questions? Ask Now!
QUESTIONS? ASK NOW! a Otherwise, please consult our results as published on our website: f) iy www.tgh.na
Trustco Group Holdings — Investor Presentation (July 2017) on 6ix