Waha Capital Company · ADX:WAHA

Waha Capital — Q2 2018 Earnings Presentation

18 slides from Waha Capital's earnings presentation, Aug 13, 2018

  1. Slide 1: Q2 2018 Earnings Presentation

    Q2 2018 EARNINGS PRESENTATION AUGUST 2018 Private Investments Asset Management

  2. Slide 2: H1 2018 Highlights

    H1 2018 Highlights  H1 2018 net profit of AED 239.7 million compared to AED 183.1 million in H1 2017  YTD Return on Average Equity of 7.2% compared to 5.1% in the corresponding period of 2017  Total investments of AED 110.3 million into Asset management funds  Total disposals of AED 418.5 millio

  3. Slide 3: H1 2018 Financial Highlights

    H1 2018 Financial Highlights All Rights Reserved © Waha Capital 2018

  4. Slide 4: Financial Highlights

    H1 2018 Financial Highlights  Net profit of AED 239.7 million, compared to AED 183.1 million in H1 2017 NET PROFIT  EPS of AED 0.13 compared to AED 0.10 in H1 2017 AED 240m  31% vs. H1 2017  Assets of AED 11.5 billion as at 30 June 2018 vs. AED 11.3 billion as at 31 December 2017, an increase of

  5. Slide 5: Q2 2018 Financial Highlights

    Q2 2018 Financial Highlights TOTAL INCOME TOTAL EXPENSES NET PROFIT  8%  8%  39% vs. Q2 2017 vs. Q2 2017 vs. Q2 2017 AED MILLIONS Q2 2018 Q2 2017 Total Income 306 285 Expenses - Parent (64) (66) Expenses - Subsidiaries (101) (113) Non Controlling interest (9) (10) Net Profit attributable to share

  6. Slide 6: H1 2018 Financial Highlights

    H1 2018 Financial Highlights TOTAL INCOME TOTAL EXPENSES NET PROFIT  12%  8%  31% vs. H1 2017 vs. H1 2017 vs. H1 2017 AED MILLIONS H1 2018 H1 2017 Total Income 619 551 Expenses - Parent (117) (124) Expenses - Subsidiaries (204) (224) Non Controlling interest (58) (20) Net Profit attributable to s

  7. Slide 7: Financial Highlights

    H1 2018 Financial Highlights TOTAL ASSETS MARKET CAP(1) DEBT CASH AED 11.5bn AED 3.5bn AED 6.7bn AED 595mn AED MILLIONS 30 JUN 2018 31 DEC 2017 Cash 595 520 Investments in equity-accounted investees & Assets held 4,660 5,540 for sale Investment Property 766 759 Other Investments(2) 4,869 3,818 Other

  8. Slide 8: H1 2018 Business Highlights

    H1 2018 Business Highlights All Rights Reserved © Waha Capital 2018

  9. Slide 9: AerCap

    H1 2018 Business Highlights Private Investments - AerCap  Waha disposed 3.77 million shares in Q1 2018, reducing ownership from H1 2018 KEY HIGHLIGHTS 17.55% to 15.54%  Net income of $519.6 million, compared with $544.1 million for the same period in 2017. Diluted earnings per share of $3.42, comp

  10. Slide 10: National Energy Services Reunited

    H1 2018 Business Highlights Private Investments – National Energy Services Reunited TOTAL ACQUISITION VALUE TOTAL COMBINED REVENUE TOTAL COMBINED NET PROFIT $ 888M $458 M $62 M NPS: $599 million FY 2017 FY 2017 GES: $289 million NPS HOLDINGS LIMITED OVERVIEW  Regional provider of products and servi

  11. Slide 11: Channel VAS Investments Limited (CVAS)

    H1 2018 Business Highlights Private Investments – Channel VAS Investments Limited (CVAS) NET REVENUE DIVIDEND CONFIRMED SUBSCRIBERS AED 92mn AED 42.3mn +500mn H1 2018 H1 2018 OVERVIEW H1 2018 KEY HIGHLIGHTS  Waha acquired a 19.41% stake in Dubai-based fintech firm CVAS.  Revenue of AED 91.9 millio

  12. Slide 12: SDX Energy Inc.

    H1 2018 Business Highlights Private Investments – SDX Energy Inc. MARKET CAP REVENUE (FY 2017) TOTAL ASSETS (DEC 2017) USD 143mn  203%  239% As at 6th of Aug 2018 vs FY 2016 vs FY 2016 OVERVIEW YE 2017 KEY HIGHLIGHTS  Engaged in the exploration for and development and production of  Production o

  13. Slide 13: Dunia Finance

    H1 2018 Business Highlights Private Investments – Dunia Finance NET INTEREST INCOME DEPOSITS NET LOAN BOOK  4%  3%  4% vs. H1 2017 vs H1 2017 vs. H1 2017 OVERVIEW H1 2018 KEY HIGHLIGHTS (1)  Abu Dhabi-based consumer finance company established in 2008 with initial paid up capital of AED 585 mill

  14. Slide 14: Waha Land

    H1 2018 Business Highlights Private Investments – Waha Land NET REVENUE NET PROFIT FUNDING SECURED 15%  57% AED 426mn vs. H1 2017 vs. H1 2017 for stage 2 OVERVIEW H1 2018 KEY HIGHLIGHTS  Waha Capital received 6 km2 of land grant from the  The construction of Stage 2a is completed (92,500 m2 of G

  15. Slide 15: Anglo Arabian Healthcare

    H1 2018 Business Highlights Private Investments – Anglo Arabian Healthcare TOTAL REVENUE TOTAL ASSETS EQUITY 15% 16% In line Vs. H1 2017 vs. H1 2017 vs. H1 2017 OVERVIEW H1 2018 KEY HIGHLIGHTS  UAE healthcare company, with an initial focus on hospitals,  HealthBay added a dental clinic in H1 201

  16. Slide 16: Asset Management – Funds

    H1 2018 Business Highlights Asset Management – Funds CEEMEA FIXED INCOME RETURN MENA EQUITY RETURN MENA VALUE RETURN  4.9% H1 2018  13.8% H1 2018  6.4% H1 2018  134.5% Since inception Jan 2012  130.3% Since inception Jan 2014  34.7% Since inception Jan 2014 CEEMEA FIXED INCOME FUND MENA EQUITY

  17. Slide 17: Summary & Outlook

    Summary & Outlook  Streamlined organization aligned with its two core activities – Private Investments and Asset Management  Diversified asset base and revenue streams between Private Investments and Asset Management :  Private Investments delivers on value creation and cash realization; with str

  18. Slide 18: 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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