Is Finansal Kiralama A.s. · BIST:ISFIN
Is Finansal Kiralama A.s — Q1 2020 Earnings Presentation
26 slides from Is Finansal Kiralama A.s's earnings presentation, Mar 31, 2020
Slide 1: Investor Presentation
Investor Presentation 1 March 2020 31.03.2020
Slide 2: Agenda
AGENDA Investor Presentation 2 LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS March 2020
Slide 3: Leasing Sector in Turkey
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 4: Economy
Leasing Sector Investor Presentation 4 Economy 2020 yılının ilk iki ayında yurtiçi finansal piyasalarda oynaklığın Covid-19 pandemisine karşı azaldığı ve olumlu performans alınan tedbirlerin etkisiyle gözlemlenirken ekonomide de güçlü küresel ekonomik bir toparlanma yaşanmıştır. aktivitede sert düşü
Slide 5: Advantages of Leasing
Leasing Sector Investor Presentation 5 Advantages of Leasing Opportunity Opportunity to finance of Operating investment lease at any scale Competent Flexible Benefits of VAT, Stamp Fixed Lease Duty and payments fees for the Advantageous duration of Lease the contract payments in line with cash flow
Slide 6: Number of Leasing Companies and Leasing penetration
Leasing Sector Investor Presentation 6 Number of Leasing Companies and Leasing penetration Number of Leasing Companies 29 28 26 25 24 23 23 2014 2015 2016 2017 2018 2019 03.2020 Leasing penetration 5,8% 5,5% 4,7% 5,0% 4,8% 2,5% 2014 2015 2016 2017 2018 30.09.2019 Penetration: Leasing volume/ Private
Slide 7: Leasing Volume
Leasing Sector Investor Presentation 7 Leasing Volume Million USD 9,26% 7.637 -16,66% -3,69% 6.990 30,40% 1,04% 6.365 14% 28% 6.130 6.193 -22,59% 9,59% 5.360 24% 18% 4.891 24% 4.795 18% -46,66% 3.400 2.558 28% 685 26% 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q1/2020 2020 T Leasing Sat& Geri Kira
Slide 8: Portfolio Development
Leasing Sector Investor Presentation 8 Portfolio Development Leasi ng Recei vabl es (USD) 13.786 12.699 12.632 12.509 10.895 11.539 9.530 8.202 7.656 2012 2013 2014 2015 2016 2017 2018 2019 03.2020 Currency Distribution 90 % 80 % 77% 74% 75% 75% 77% 77% 77% 70 % 72% 72% 60 % 50 % 40 % 30 % 26% 28% 2
Slide 9: Profitability
Leasing Sector Investor Presentation 9 Profitability Net Profi t of Sector (Mi l l ion TL) 1.125 923 952 917 809 526 484 2014 2015 2016 2017 2018 2019 03.2020 Equity & Leverage 7 14. 00 1 6,2 6 12. 00 1 5,7 5,2 5 4,9 10. 00 1 4,6 4,6 4,3 8. 001 4 6. 001 3 4. 001 2 2. 001 1 6.093 6.930 7.801 8.604 9.
Slide 10: Sector Customer Base and Non Performing Loans
Leasing Sector Investor Presentation 10 Sektör Müşteri Tabanı 65.00 %14 ,0 60.00 %11,2 %12,2 %12 ,0 55.00 %10,0 %10,7 %10 ,0 50.00 45.00 %8,2 %9,0 %8,0 40.00 %6,0 35.00 %4,0 30.00 25.00 52.041 56.396 58.373 57.593 53.510 40.457 %2,0 20.00 %0,0 2014 2015 2016 2017 2018 2019 Sector Total Number of Cus
Slide 11: Company Overview
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 12: Company Milestones & Shareholders
Company Investor Presentation 12 Milestones & Shareholders 2011 1985 1995 First corporate Leasing Law İş Bank group took bond issuer in Enacted over leasing sector 1988 2000 Established by İş Listed in İstanbul Stock Bank, Soc Gen and Exchange (ISFIN)) IFC Trading Volume Price Share Structure(%) 350
Slide 13: Organization Chart & Total Staff
Company Investor Presentation 13 Organization Chart & Total Staff GENDER FEMALE MALE 50,4% 49,6% MALE 49,63% Education License 107 Master's Degree 16 High School 10 Associate Degree 4 March 2020
Slide 14: Branch Network & Employee Base
Company Investor Presentation 14 Branch Network & Employee Base CONFLICT Avcılar Şişli Kartal Kozyatağı Ostim Trabzon 15 Branches Bursa Ankara Kayseri 41 Sales Staff Diyarbakır İzmir Konya 137 Total Staff Gaziantep Antalya Adana March 2020
Slide 15: Leasing Portfolio
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 16: Consolidated Financial Indicators (31.03.2020)
Lease portfolio Investor Presentation 16 Consolidated Financial Indicators (31.03.2020) 5.342 million TL Leasing portfolio A B C D 89 million USD Transaction Volume 47 1.293 Million This is TL a sample Shareholders’ Equity million TL Net text.Profit 8.931 Total Assets million TL March 2020
Slide 17: Sales Channels
Lease portfolio Investor Presentation 17 Sales Channels 31.03.2020 31.03.2019 İŞ BANK DIRECT MARKETING VENDORS İŞ BANK DIRECT MARKETING VENDORS 10% 12% 60% İşbank: 1342 local and 22 66% 22% 30% foreign branches, largest network among private banks. March 2020
Slide 18: Sectoral & Asset & Geographical Distribution
Lease portfolio Investor Presentation 18 Sectoral & Asset & Geographical Distribution, % Sectoral Distribution 2019 03.2020 19 18 14 14 13 15 15 12 12 13 10 8 7 7 4 3 4 4 2 2 3 2 CONSTRUCT METAL IND. TEXTILE TRANSPORT RETAIL CHEMICALS FINANCE ENERGY MINING HEALTHCARE OTHER Geographical Distribution
Slide 19: Funding Structure
Borrowing Investor Presentation 19 Funding Structure Efficient hedging Strong strategy against relationsips with Efficient use of maturity, interest both domestic capital market rate and FX risk and international instruments by diversifying banks liabilities. Allocation of Usage of special loan alte
Slide 20: Financial Results
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 21: Financial Highlights
Financial Perfomance Investor Presentation 21 Financial Highlights TL Million, consolidated 2015 2016 2017 2018 2019 31.03.2020 Δ Leasing Receivables, Net 3.287 4.001 4.701 5.435 5.107 5.342 4,6% Factoring Receivables, Net 1.951 2.986 4.207 2.725 3.179 2.937 -7,6% Non Performing Receivables 183 231
Slide 22: Solo Key Figures
Financial Perfomance Investor Presentation 22 Solo Key Figures (Million TL) 2017 2018 2019 03.2020 Δ 2017 2018 2019 03.2020 Δ Financial Highlights İş Sector Leasing Receivables 4.617 5.331 5.008 5.301 6% 51.990 60.707 48.721 49.887 2% Total Assets 5.069 5.965 5.877 5.960 1% 58.053 68.506 58.176 49.8
Slide 23: Leverage
Financial Perfomance Investor Presentation 23 Leverage 5,6 5,0 5,0 4,7 4,7 4,0 4,3 2014 2015 2016 2017 2018 2019 03.2020 TAO 9,0 8,3 8,2 8,0 7,0 6,7 7,2 7,0 6,0 6,3 6,0 5,5 6,6 6,0 5,0 4,0 4,3 5,0 4,6 4,8 3,0 3,1 3,9 2,0 1,0 - 2013 2014 2015 2016 2017 2018 2019 03.2020 İş Leasing Sektör March 2020
Slide 24: NPL
Financial Perfomance Investor Presentation 24 NPL Sector NPL % İş Leasing NPL% 8,5% 8,3% 8,2% 8,0% 7,2% 7,0% 6,7% 7,6% 6,3% 7,0% 6,0% 5,5% 6,6% 6,0% 4,8% 4,6% 4,7% 4,6% 4,8% 4,3% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020/03 March 2020
Slide 25: Rating
Financial Perfomance Investor Presentation 25 Rating Corporate Governance Rating (Saha-2016) : 9.17 March 2020
Slide 26: Disclaimer Statement
Investor Presentation 26 Disclaimer Statement The information in this document has been obtained by İş Finansal Kiralama A.Ş. (“İş Leasing”) from sources believed to be reliable, however, İş Leasing cannot guarantee the accuracy, completeness , or correctness of such information. This document has b
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