Waha Capital Company · ADX:WAHA

Waha Capital — H1 2017 Earnings Presentation

17 slides from Waha Capital's earnings presentation, August 2017

  1. Slide 1: H1 2017: Earnings call

    H1 2017: Earnings call Aug 2017 Principal Investments Asset Management

  2. Slide 2: H1 2017 Highlights

    H1 2017 Highlights  Recalibration of performance in H1 2017 with net profit of AED 183 million compared to AED 306 million in H1 2016  6 month Return on Average Equity of 5.1% compared to H1 2016 RoAE 7.4%  Strong Balance sheet of AED 10.8 billion in total assets, an increase of 8% over total ass

  3. Slide 3: H1 2017 Financial Highlights

    H1 2017 Financial Highlights All Rights Reserved © Waha Capital 2015

  4. Slide 4: Financial Highlights

    H1 2017 Financial Highlights  Net profit of AED 183.1 million, compared to AED 305.9 million in H1 2016 H1 2017 TOTAL INCOME  EPS of AED 0.10 compared to AED 0.17 in H1 2016  Assets of AED 10.8 billion as at 30 June 2017 vs. AED 10.0 billion as at FY 2016, an increase of 8%  11% vs. H1 2016  YT

  5. Slide 5: H1 2017 Financial Highlights

    H1 2017 Financial Highlights TOTAL INCOME NET PROFIT EQUITY  10.5%  40.2%  23.3% vs. H1 2016 vs. H1 2016 vs. H1 2016 AED MILLIONS H1 2017 H1 2016 Total Income 557 622 Expenses - Parent (154) (125) Expenses - Subsidiaries (200) (194) Non Controlling interest (20) 3 Net Profit attributable to share

  6. Slide 6: Q2 2017 Financial Highlights

    Q2 2017 Financial Highlights TOTAL INCOME NET PROFIT EQUITY IN LINE  26%  23% with Q2 2016 vs. Q2 2016 vs. Q2 2016 AED MILLIONS Q2 2017 Q2 2016 Total Income 288 289 Expenses - Parent (81) (62) Expenses - Subsidiaries (101) (101) Non Controlling interest (10) 4 Net Profit attributable to shareholde

  7. Slide 7: Financial Highlights

    H1 2017 Financial Highlights TOTAL ASSETS MARKET CAP(1) DEBT CASH AED 10.8bn AED 3.4bn AED 6.5bn AED 542mn AED MILLIONS 30 JUNE 2017 31 DEC 2016 Cash 542 572 Investment in equity-accounted investees 5,200 5,034 Investment Property 773 681 Other Investments(2) 3,495 3,065 Other Assets 817 662 Total A

  8. Slide 8: H1 2017 Business Highlights

    H1 2017 Business Highlights All Rights Reserved © Waha Capital 2015

  9. Slide 9: Principal Investments - AerCap

    H1 2017 Business Highlights Principal Investments - AerCap  During Q1 2017, Aercap carried out a share buyback program, which H1 2017 KEY HIGHLIGHTS the Group did not participate in. Consequently, the Group’s beneficial  Reported net profit of US$ 544.1 million, compared to US$ 456.4 ownership inc

  10. Slide 10: Principal Investments - Dunia

    H1 2017 Business Highlights Principal Investments - Dunia NET INTEREST INCOME DEPOSITS NET LOAN BOOK  12%  5%  9% vs. H1 2016 vs. H1 2016 vs.H1 2016 OVERVIEW H1 2017 KEY HIGHLIGHTS (1)  Abu Dhabi-based consumer finance company established in 2008 with initial paid up capital of AED 585 million A

  11. Slide 11: Principal Investments – NPS Holdings Limited

    H1 2017 Business Highlights Principal Investments – NPS Holdings Limited TOTAL REVENUE CONTRACTS IN PROGRESS TOTAL ASSETS  19% AED 2.1bn IN LINE vs. H1 2016 As at 30 JUNE 2017 With H1 2016 OVERVIEW H1 2017 KEY HIGHLIGHTS  Regional leading provider of oilfield services  Secured and extended contra

  12. Slide 12: Principal Investments – Waha Land

    H1 2017 Business Highlights Principal Investments – Waha Land NET REVENUE NET OPERATING PROFIT FUNDING SECURED IN LINE  13% AED 426mn vs. H1 2016 vs. H1 2016 for stage 2 OVERVIEW H1 2017 KEY HIGHLIGHTS  Waha Capital received 6 km2 of land grant from the  Development of Stage 2(a) is underway (92,

  13. Slide 13: Asset Management – Funds

    H1 2017 Business Highlights Asset Management – Funds CEEMEA FIXED INCOME CEEMEA FIXED INCOME MENA EQUITY MENA EQUITY RETURN RETURN RETURN RETURN  9.6%  112.1%  9.4%  91.4% H1 2017 Since inception Jan 2012 H1 2017 Since inception Jan 2014 CEEMEA FIXED INCOME FUND MENA EQUITY FUND  The fund focus

  14. Slide 14: Asset Management – Funds

    H1 2017 Business Highlights Asset Management – Funds MENA VALUE FUND* CREDIT OPPORTUNITIES FUND PRIVATE EQUITY FUND  Initial seed capital of AED 184  Establishing Credit Opportunities  Establishing Private Equity Fund million ($50 million) deployed Fund by committing AED 184 million including tra

  15. Slide 15: Asset Management – Private Equity – Anglo Arabian Healthcare

    H1 2017 Business Highlights Asset Management – Private Equity – Anglo Arabian Healthcare TOTAL REVENUE TOTAL ASSETS EQUITY  4%  4%  2% vs. H1 2016 vs. H1 2016 H1 2016 OVERVIEW H1 2017 KEY HIGHLIGHTS  Revenue of AED 152.1 million is comprised of AED 61.2  UAE healthcare company, with an initial

  16. Slide 16: Summary & Outlook

    Summary & Outlook  Recalibration of performance across all segments in H1 2017, in line with the revenue diversification strategy.  Core Principal Investments portfolio complemented by the Asset Management Business to accelerate revenue diversification  Investment strategy remains highly focused

  17. Slide 17: Disclaimer

    Disclaimer This document is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase any securities and is furnished solely for the informational purposes of the addressee. This document is confidential and may not be reproduced or further distribute

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