Invalda INVL

Quarterly Report • May 31, 2024

GROUP OVERVIEW 31 March 2024

GROUP OVERVIEW 31 March 2024

KEY FINANCIALS OF INVALDA INVL					NET ASSET VALUE BREAKDOWN
€ thousand	Company		Group
	3M 2023	3M 2024	3M 2023	3M 2024	€ thousand		Evaluation criteria	31/03/2023	31/03/2024	Δ
Non-current assets	134,725	214,740	122,935	213,462	Investments into core businesses		Equity method	16,205	11,670	-4,535
Current assets	3,488	7,222	22,486	10,184	Other own investments		Fair value	118,447	203,016	84,569
Equity	131,665	182,825	131,665	182,825	Cash & cash equivalents		Amortized cost	158	133	-25
Non-current liabilities	2,312	3,081	3,417	4,245	Other assets		Amortized cost / residual value	3,403	7,143	3,740
Current liabilities	4,236	36,056	10,339	36,576	Total assets		Book value	138,213	221,962	83,749
Result before taxes	1,048	4,834	1,005	4,899	Total liabilities		Cost	-6,548	-39,137	-32,589
Net profit	1,142	4,676	1,142	4,676	NET ASSET VALUE		Book value	131,665	182,825	51,160
Basic earnings per share, EUR	-	-	0.10	0.39	NET ASSET VALUE PER SHARE		Book value	11.14	15.23	4.09
OVERVIEW OF KEY OWN INVESTMENTS
GENERAL PARTNER INVESTMENTS					LEGACY INVESTMENTS
INVL Asset Management managed products
					#4 bank in Lithuania		Largest bank in Moldova		Leading agricultural group in Lithuania
+ OTHERS				18.45% (19.93% from 31-05-2024)		7.92%		48.81%
	31/03/2023	31/03/2024			31/03/2023	31/03/2024	31/03/2023	31/03/2024	31/03/2023	31/03/2024
	TOTAL VALUE				VALUE OF INVESTMENT
	€42.6m	€60.8m			€33.6m	€85.8m	€19.8m	€24.0m	€21.5m	€19.4m
	NET GAIN (LOSS) OF INVESTMENT						NET GAIN (LOSS) OF INVESTMENT
	-€0.5m	+€1.7m			-€0.6m	+€1.8m	+€3.0m	+€1.8m	-€0.4m	+€0.1m
INVALDA INVL SHAREHOLDERS, SHARE PRICE AND NET ASSET VALUE (NAV) DYNAMICS
NAV per share and market price per share historical dynamics
LJB Investments UAB (controlled by A. Banys) 12.49%					0.80 DIVIDENDS
25.32% 1.88%	Alvydas Banys								0.65 DIVIDENDS
	Irena Ona Mišeikienė								11,07	15,23 14,83
	Indrė Mišeikytė							7,47 7,11	10,32
26.01%	7.45%				5,67 5,53 4,55 4,11 3,75 2,78
	Lucrum Investicija UAB (controlled by D. Šulnis)
1.94%	Own shares					2013 2014	2015 2016 2017 2018	2019 2020	2021 2022	2023 2024 1Q
24.91% Other