March 2019 PPF Arena 1 Group Company presentation
Disclaimer IMPORTANT : You must read the following before continuing. The following applies to this presentation (the Presentation ) prepared by PPF ARENA 1 B.V. (the Company ). In accessing the Presentation, you agree to be bound by the following terms and conditions. THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. THIS PRESENTATION DOES NOT CONSTITUTE A RECOMMENDATION REGARDING ANY SECURITIES.IT IS PROVIDED AS INFORMATION ONLY. This Presentation has been prepared and is presented by the Company on a voluntary basis. It does not constitute ‘regulated information’ within the meaning of the Transparency Directive (Directive 2004/109/EC, as amended) or mandatorily published information under applicable legal regulations. This Presentation may not be reproduced, redistributed, published or passed on to any other person, directly or indirectly, in whole or in part, for any purpose. 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Contents 1. Introduction to PPF Group and PPF Arena 1 2. Overview of key assets and market positioning 3. Financial performance and policies Appendix 1. Key financial metrics 3
Introduction to PPF Group and PPF Arena 1 PPF Group Overview 22 July 2019 4
PPF Group is an international investment group founded in 1991 in Czechia 37,9 billion EUR 7,3 billion EUR 0,6 billion EUR 22 37.9 billion EUR 7.3 billion EUR 0.6 billion EUR 152 ths. total assets* equity* net income* countries total assets 1 equity 1 net income 1 employees 1 Diverse business activities encompassing banking and financial services, PPF GROUP OPERATES IN 22 COUNTRIES telecommunications, biotechnology, insurance, real estate, and agriculture EQUITY BY SEGMENT 1 ASSETS BY COUNTRY 2 Pro forma, incl. Telenor Machinery Others 5% 13% Financial Real Estate Services 10% Russia 50% (BBB-/Ba1/BBB-) 13% CZ+SK (AA-/A1/AA- & A+/A2/A+) 46% China Telecommunications (A+/A1/A+) 35% 28% Source: PPF Group Annual Reports Source: PPF Group Annual Reports SHAREHOLDERS Ladislav Bartoníček Petr Kellner Jean-Pascal Duvieusart Founder and majority shareholder CEO of PPF Arena 1 Member of Board of Directors of Home Credit and PPF Real Estate 98.93 % 0.535 % 0.535 % 1. Assets and equity as of 30 June 2018, net income for the period of 12 months up to 30 June 2018, number of employees as of 30 June 2018 2. Telenor’s enterprise value of EUR 2 . 7bn included in Others category of the top of PPF Group’s consolidated assets as of 31 December 2017 5
PPF Group’s key portfolio pillars A long-term investor operating in 22 countries and ~10 sectors PPF GROUP (established 1991) TELECOMMUNICATIONS FINANCIAL SERVICES REAL ESTATE (since 2013) (since 1997) (since 1996) PPF Arena 1 B.V. PPF Financial Holdings B.V. PPF Real Estate B.V. Telenor CEE • • Strategic pillar in PPF’s portfolio PPF’s Subject to European banking regulation Platform managing international real • (CRR/CRD IV) estate projects both internally or through Gradually built its position in the CEE to • partnerships with key focus on: become a relevant regional player PPF banka is focused on corporate and • • municipal clients, bringing stable profitable Cash flow generating projects from office Diversified geography and products results. PPF banka is a treasury bank for and industrial sector, limited exposure to • Long-term investment of PPF valuable for its PPF Group residential sector low risk profile and stable cash flows • • Home Credit (est. 1997) growing organically Efficient acquisitions, development and to 10 countries nowadays operations • • Multiple level of diversification (geographies, Increased diversification; geographically and product mix, development stage) sector-wise 29.0 bn EUR 2.7 bn EUR 7.6 bn EUR 1.2 bn EUR 2.2 bn EUR 2.0 bn EUR 0.5 bn EUR total assets equity total assets EBITDA equity total assets equity Data as of 31 December 2018 Data as of 30 June 2018 Data as of 30 June 2018 Source: PPF Arena 1 unaudited pro forma condensed consolidated Source: PPF Group N.V. Condensed interim consolidated financial Source: PPF Group N.V. Condensed interim consolidated financial financial information statements for the six months ended 30 June 2018 statements for the six months ended 30 June 2018 6
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