GSD Holding A.S. · BIST:GSDHO
GSD Holding A.S — Investor Presentation (October 2013)
19 slides from GSD Holding A.S's investor presentation, October 2013
Slide 1: Investor Presentation
Tekstilbank HQ, Istanbul GSD Holding HQ, Istanbul Investor Presentation October 2013
Slide 2: GSD Holding Highlights
GSD Holding Highlights • A 27 years old financial holding company with core investments in: (TL, million) 30 June 2013 – Banking: one deposit accepting commercial bank and one Total Asset* 4,038 investment bank with combined assets of TL 3.7 billion. Loans 2,898 – Financial services a factoring comp
Slide 3: GSD Holding History
GSD Holding History • The foundations of GSD Group were laid down by the establishment of GSD Foreign Trade in 1986 as the first independent trading house in Turkey. The company soon evolved into Turkey’s one of the leading exporters. • Encouraged by its achievements in foreign trade, GSD Group deci
Slide 4: GSD Holding History
GSD Holding History • In addition to GSD Marin, GSD Foregin Trade resolved to terminate the by-pass export activities after reevaluating the efficiency in this area of activity due to the loss of feasibility of by-pass export activities arising from the decrease in rights and benefits provided for f
Slide 5: GSD Holding Vision
GSD Holding Vision • GSD Holding is the controlling shareholder in all these companies and is responsible for establishing major operational guidelines and setting the standards for enterprise risk management and corporate governance. • The GSD Group's growth strategy is based on providing financial
Slide 6: Investment Portfolio
Investment Portfolio As of 30 June 2013 (together with each subsidiary’s equity and GSD Holding’s total direct and indirect ownership) Banking Financial Services Shipping Others Tekstilbank Tekstil Factoring GSD Marin GSD Real Estate (consolidated with TL 28 million (consolidated with TL 0.028 milli
Slide 7: Shareholder’s Structure
GSD Holding Shareholder’s Structure Shareholder Name Ownership (%) Mr. Mehmet Turgut Yılmaz 19,00 % Delta Land and Building Development 4.50 % GSD Foreign Trade 4.49 % GSD Marin 0.17 % 58 Registered Shareholders 0.00% Publicly Owned 71.84 % Share Capital 100.00 % 1 October 2013, Istanbul
Slide 8: Banking
Banking • Banking is our core business since banking assets from banking activities constitute 92 % of GSD Holding’s consolidated financial accounts as of 30 June 2013. • The assets and loans size of our banking businesses is TL 3.7 billion and TL 2.7 billion, respectively for the same period. • We
Slide 9: Banking: Tekstilbank
Banking Tekstilbank • Founded in 1986, Tekstilbank is engaged in corporate, commercial, SME and retail banking activities, providing a wide range of financial products and services to its customers. • GSD Holding is the majority shareholder with 76.52 % stake directly and indirectly in total, while
Slide 10: Banking: Tekstilbank Key Indicators
Banking Tekstilbank Key Indicators (TL million) 4.000 3.500 3.000 2.500 2.000 1.500 1.000 500 0 2007 2008 2009 2010 2011 2012 30.06.2013 Total Assets Deposits Cash Loans Equity 2007 2008 2009 2010 2011 2012 30.06.2013 Adjusted Net Interest Margin* 5.0 % 5.3 % 6.2 % 4.8% 5.1 % 5.6 % 4.8 % Return on A
Slide 11: Banking: GSD Bank
Banking GSD Bank (TL, million) 2007 2008 2009 2010 2011 2012 30.06.2013 Total Assets 161 76 103 105 149 111 111 Equity 59 59 67 71 75 81 82 Net Earnings 8.2 9.3 2.7 4.7 4.1 6.1 1.5 Cash Loans 126.9 38.6 78.7 90.5 143 103 107 Capital Adequacy Ratio 30.55 % 49.16 % 42.80 % 41.50 % 34.12 % 42.73 % 24.2
Slide 12: Factoring: Tekstil Factoring
Factoring Tekstil Factoring (TL, million) 2007 2008 2009 2010 2011 2012 30.06.2013 Total Assets 106 34 159 125 182 164 183 Equity 21 27 32 30 34 31 28 Net Earnings 5.9 5.2 5.2 4.8 4.0 8.1 2.9 Domestic Factoring Turnover 490 416 466 593 403 833 392 • Established in 1994 as the Group’s factoring arm,
Slide 13: Stock Broking: Tekstil Invest
Stock Broking Tekstil Invest • Established in 1996 as one of the first brokerage houses in Istanbul, Tekstil Invest offers brokerage for securities, warrants and derivative markets. It also provides research, asset management and corporate finance services • Tekstil Invest commands market shares of
Slide 14: Shipping: GSD Marin
Shipping GSD Marin • Our most recent investment has been dry bulk ship management. • We think the current lowered economic activity resulting from the global economic crisis took a heavy toll on shipping businesses as evident in significantly reduced vessel prices and historicaly low freight charges
Slide 15: Shipping: GSD Marin
Shipping GSD Marin • Tekstil Finansal Kiralama A.Ş. (Tekstil Finance Lease Inc.) exited from the status of finance lease company and ceased to be subject to finance lease regulations as at 16 June 2011, its authorisation certificate for finance lease activity having been cancelled by the Banking Reg
Slide 16: Shipping: GSD Marin
Shipping GSD Marin • GSD Marin has established two wholly-owned companies in Malta under the names of Cano Maritime Ltd. and Dodo Maritime Ltd. with a share capital of EUR 5,000 each on 26 March 2013. • The General Assembly held on 30 May 2013 for the year 2012 of GSD Marin has resolved to sign a No
Slide 17: Shipping: GSD Foreign Trade
Shipping GSD Foreign Trade • Established in 1986 as the first specialized Turkish foreign trade company, GSD Foreign Trade set a unique model of business cooperation by combining the strengths and business volumes of individual ready-to-wear manufacturers and exporters to create economies of scale w
Slide 18: Shipping: GSD Foreign Trade
Shipping GSD Foreign Trade • GSD Foreign Trade has established two wholly-owned companies in Malta under the names of Hako Maritime Ltd. and Zeyno Maritime Ltd. on 1 April 2013 and 22 April 2013, respectively, with a share capital of EUR 5,000 each. • The ship building agreement signed between GSD F
Slide 19: For further information please contact
For further information please contact: Investor Relations Mr. Güray Özer E-mail : [email protected] Phone : +90 216 417 10 08 Web Adress : www.gsdholding.com.tr 1 October 2013, Istanbul