Global Yatirim Holding A.s. · BIST:GLYHO
Global Yatirim Holding A.s — Global Investment Holdings — 6M 2023 Earnings Presentation
18 slides from Global Yatirim Holding A.s's earnings presentation, 2023
Slide 1: Financial Presentation 6M 2023
GLOBAL INVESTMENT HOLDINGS Financial Presentation 6M 2023
Slide 2: Corporate Portfolio
Corporate Portfolio Ports Power Gas Mining Finance Real Esate GFS HOLDING A.Ş. 66.3% 68.0% 70.0% 97.7% 66.6% 100% The world's largest Co/Tri generation: Turkey’s & Europe’s One of Turkey’s AUM: 41.5 bn TL Van's first independent cruise 56.2 MW installed leading non-piped leading players
Slide 3: I – Financial Review
G GLOBAL INVESTMENT HOLDINGS |— FINANCIAL REVIEW
Slide 4: Financial Highlights
Financial Highlights Net revenues (mn TL) Q1 23 Q1 22 % Change Q2 23 Q2 22 % Change 6M 2023 6M 2022 % Change Gas 849.6 458.0 85% 608.2 777.0 -22% 1,457.8 1,235.0 18% Power 167.4 126.1 33% 209.2 137.0 53% 376.7 263.1 43% Mining 100.4 68.6 46% 66.1 87.6 -25% 166.5 156.3 7% Ports1 465.9 170.5 173% 854.
Slide 5: Financial Highlights: Change in Revenue & EBITDA (6M 23 vs. 6M 22)
Financial Highlights: Change in Revenue&EBITDA (6M 23 vs. 6M 22) Revenue (mn TL)1 196.1 222.8 10.2 19.5 113.6 733.2 3,706.1 2,410.7 EBITDA (mn TL) 1.5 10.6 57.3 16.3 -25.0 -19.7 -21.7 517.6 1,250.9 714.2 1 Revenues exclude the impact of IFRIC 12 on Cruise Ports amounting to 487.7mn TL for 6M 2023 an
Slide 6: Financial Highlights: Change in P&L
Financial Highlights: Change in P&L GIH reported a consolidated net profit of 312.6mn TL in 6M 2023, compared to a net profit of TL 81.3mn in 6M 2022. The bottom line incorporated TL 488.1mn of non-cash charges of which TL 465mn were depreciation and amortization, and TL 23.1mn in net foreign exch
Slide 7: Net Debt/EBITDA
Net Debt/EBITDA 14.0 Net Debt/EBITDA 12.0 11.6 10.0 10.0 8.0 7.7 7.6 6.7 6.0 5.1 4.0 4.3 3.8 3.9 3.5 3.2 3.0 2.8 2.6 2.0 2.2 2.1 1.5 1.4 1.0 0.9 1.0 0.0 2021 YE 3M 2022 6M 2022 9M 2022 2022 3M 2023 6M 2023 Holding(Consolidated) Excluding Nassau Excluding Ports Reasons for the increase in Net Debt /
Slide 8: III – Financial & Operational Performance by Division
III – FINANCIAL & OPERATIONAL PERFORMANCE BY DIVISION
Slide 9: Gas Division: Naturelgaz
Gas Division: Naturelgaz Revenue (mn TL) Sales volume reached 128mn Sm3 in 6M 2023, representing an increase of 11% yoy 1,458 Citygas sales volume increased by 67% yoy, reaching 69.8mn Sm3 18% Revenues increased by 18% yoy in 6M 2023, reaching TL 1,458bn. 1,235 Gross profit decreased by 10%
Slide 10: Ports Division: Global Ports Holding Plc (GPH)
Ports Division: Global Ports Holding Plc (GPH) Total Calls Revenue (mn TL)1 EBITDA (mn TL) 427 374 347 1,320 354 353 322 332 333 305 312 816,5 242 261 125% %173 186 185 587 299,0 Jan Feb Mar Apr May Jun July 2022 2023 6M 22 6M 23 6M 22 6M 23 Total Pax In 6M 2023 cruise demand remained strong, whil
Slide 11: Power Generation: Distributed Energy, Biomass and Solar
Power Generation: Distributed Energy, Biomass and Solar As of 6M 2023, power generation portfolio of the Group had a combined capacity of 94.1 MW, 40.0 MW of which was Revenue (mn TL) composed of renewable sources (biomass and solar power plants). With the recent addition of a new solar power plan
Slide 12: Mining Division: Straton
Mining Division: Straton Revenue (mn TL) 166.5 7% 156.3 Despite the stronger demand from the local market, sales volume declined by 27% to 198,451 tons in 6M 22 6M 23 6M 2023 yoy due to the decline in demand from the European markets caused by the recession. EBITDA (mn TL) The Company’s main exp
Slide 13: Real Estate Division: Ardus
Real Estate Division: Ardus The Real Estate division’s revenues include rent revenues and residential/commercial sales revenues The real estate division registered 19.5mn TL increase in revenues and 10.6mn TL increase in EBITDA in 6M 2023 yoy, with revenues and EBITDA standing at 51.2mn TL and 2
Slide 14: Asset Management & Brokerage Division
Asset Management & Brokerage Division: Istanbul Asset Management & Global Securities & Global MD Revenues of the brokerage and asset management division consists of securities brokerage commissions, interest revenues on margin lending transactions, portfolio management fees, proprietary trading re
Slide 15: IV – Appendix
G GLOBAL INVESTMENT HOLDINGS IV — APPENDIX
Slide 16: Balance Sheet
Balance Sheet (TL Million) 30 Jun 2023 31 Dec 2022 ASSETS Current Assets 5,523.0 5,135.7 Cash and Banks 2,281.5 1,848.7 Marketable Securities 392.2 379.6 Trade and Other Receivables 1,653.1 1,891.5 Inventories 221.4 280.6 Other Current Assets 974.9 735.3 Non-current Assets 26,639.7 18,566.1 Financia
Slide 17: Income Statement
Income Statement (TL Million) 6M 2023 6M 2022 Total gross revenues 4,193.82 2,855.28 Cost of sales and services -2,730.62 -2,074.05 Gross Profit 1,463.20 781.23 Operating expenses -783.51 -421.99 Other operating income/(loss), net 253.42 123.56 Equity pickup asset gains/(losses) 69.62 4.48 Gross ope
Slide 18: Disclaimer
Disclaimer The information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this docum
Global Investment Holdings — 6M 2023 Earnings Presentation on 6ix