Bursa De Valori Bucuresti · BVB:BVB
Bursa De Valori Bucuresti — Investor Presentation (November 2012)
15 slides from Bursa De Valori Bucuresti's investor presentation, November 2012
Slide 1: Bucharest Stock Exchange Presentation
Bucharest Stock Exchange Presentation
Slide 2: Investment positives
Investment positives Operator of the leading Romanian cash, structured products & derivatives markets. Integrated Group: Trading, Clearing, Settlement and Registry Systems Market Cap of approx. EUR 37 million, cash equals 38% of the Market Cap 100% free-float, no major shareholder Rich cash position
Slide 3: Synopsis - BVB Group companies
Synopsis - BVB Group companies Bucharest Stock BVB Shareholder Structure Exchange as of December 31, 2011 Cash & Derivatives Trading Number of % of share Shareholder type shares capital Romanian institutional 5,547,686 72.29 shareholders 69,0 % 52,5 % 62,3 % 100 % International Institutional 1,084,7
Slide 4: New Chief Executive Officer - Profile
New Chief Executive Officer - Profile Installed as CEO on September 7, 2012 One of the most experienced professionals on the Romanian financial services market, with a very solid expertise in investment banking Involved in multiple M&As and privatizations, both on the sellers' and on the buyers' sid
Slide 5: BVB Board of Governors
BVB Board of Governors The new BoG was approved by CNVM on January 30, 2012 and has the following structure: Lucian Anghel (BCR) – President • Adrian Lupsan (SSIF Intercapital Invest) - Vice-President • Dan Paul (Brokers’ Association) – Vice-President • Robert Pana (SSIF Swiss Capital) – Secretary G
Slide 6: BVB Strategic Priorities
BVB Strategic Priorities List new companies on Develop capabilities, Support the successful Bucharest Stock products and services closing of the state Exchange and increase offered by Bucharest companies public offers number of active Stock Exchange Group investors Increase Bucharest Stock Improve t
Slide 7: BVB in the region
BVB in the region Number of total listed companies-Main Market 369 % Change % Change 269 in in Market Cap Market Cap Exchange 96 100 in 2011 YTD 2012 52 61 81 29 on previous on previous year end, year end, CEESEG - CEESEG - CEESEG - Bucharest Bulgarian CEESEG - Athens Warsaw in EURO in EURO Prague B
Slide 8: BVB Market Data
BVB Market Data Average Daily Turnover (EUR m) Most traded companies in 10M.2012 % of Symbol Company turnover 0.4 FP Fondul Proprietatea 46% 0.5 BRD Groupe 0.6 BRD Societe Generale 8% 0.3 0.1 SIF3 SIF Transilvania 8% 1.3 SIF5 SIF Oltenia 6% 2.5 SNP OMV Petrom 6% 1.2 SIF2 SIF Moldova 5% 9.2 EBS Erste
Slide 9: Romanian Government's ambitious plan for 2012-2013
Romanian Government’s ambitious plan for 2012-2013 Public Market Cap / Stake held Stake of offering Company Sector Fair value by the public Status value (EUR million) the state offering (EUR million) Power March 14-27, Transelectrica 212 73.7% 15.0% 38 transmission 2012 Transgaz1 Gas transmission 53
Slide 10: Investor's accounts on the Romanian capital market
Investor's accounts on the Romanian capital market 101,254 92,865 94,545 87,664 88,143 90,621 86,453 65,304 31.12.2006 31.12.2007 31.12.2008 30.06.2009 31.12.2009 31.12.2010 31.12.2011 30.06.2012 Fully compensated investors Ceiling compensated investors Excluded investors Total investors Source: Inv
Slide 11: BVB Pricing Policy
BVB Pricing Policy Current pricing policy Participants RON 1,500, annual maintaining fee including VAT btw. RON 3,600 and Historical trading fees Issuers RON 21,000, annual maintaining fee without VAT Cash Equity Market Sell Buy* Trading fees Sell Buy Jan 2006 - May 2007 15 bps 7bps Shares, Fund Uni
Slide 12: BVB operating performance
BVB operating performance RAS figures, acc. to EU Directive No 4 2008 2009 2010 2011 9M.2012 RON million Sales revenue 20.9 12.4 13.1 21.7 14.0 Operating Revenue 20.9 12.4 13.2 21.7 14.0 Operating Expense 15.5 13.9 12.9 15.3 9.2 EBITDA 7.2 -0.1 1.0 7.1 5.2 Operating result 5.4 -1.5 0.3 6.4 4.8 Finan
Slide 13: Breakdown of quarterly results
Breakdown of quarterly results Quarterly sales revenue, operating and financial activity results (RON million) The operating profit in Q3.2012 was RON 1.15 million, compared to RON 2.51 million in the same 9.5 period last year, due to lower trading activity. 1.5 3.7 2.5 1.2 3.0 Operating margin
Slide 14: Individual Balance Sheet overview
RAS figures Individual Balance Sheet overview acc. to EU Directive No 4 Ordinary dividend 2008 2009 2010 2011 2012 (RON per share, gross amount, (RON million) Dec 31 Dec 31 Dec 31 Dec 31 Sep 30 year paid) Fixed assets 20.1 25.4 25.4 28.7 28.7 2.14 Current assets 73.4 67.2 64.6 77.5 70.9 of which: ca
Slide 15: Financial Calendar and Contact Info
Financial Calendar and Contact Info Bursa de Valori Bucuresti S.A. Financial Calendar Symbol: BVB 34 - 36 Carol I Boulevard, 14th 2/10/2012-2011 Preliminary results ISIN: ROBVBAACNOR0 Floor, Bucharest, sector 2, 2/10/2012- Earnings Conference Call Reuters: ROBVB.BX ROMANIA 4/25/2012-GSM Bloomberg: B
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