Fondul Proprietatea

Net Asset Value • Sep 15, 2020

National Storage Mechanism | Additional information

RNS Number : 9444Y

Fondul Proprietatea S.A.

15 September 2020

Fund Administrator:	Franklin Templeton International Services S.à r.l.
Administrator Code:	PJM07.1AFIASMDLUX0037
Fund:	Fondul Proprietatea SA
Fund Code:	PJR09SIIR/400006
Reporting date:	31.08.2020

Fondul Proprietatea SA 's Assets and Liabilities based on NAV calculation according with the CNVM Regulation No. 4 / 2010, as subsequently amended

Lei

1. Non-current Assets	7,108,770,938.18
1.1. Intangible assets	44,010.67
1.2. Tangible assets	0.00
1.3. Financial assets	7,108,726,927.51
1.3.1 Listed shares**	8,868,065.91
1.3.2 Unlisted shares	7,099,792,078.97
1.3.3 Government securities	0.00
1.3.4 Certificates of deposits	0.00
1.3.5 Bank deposits	0.00
1.3.6 Municipal bonds	0.00
1.3.7 Corporate bonds	0.00
1.3.8 Newly issued securities	0.00
1.3.9 Participation titles of UCITS and/or of OCIU	0.00
1.3.10 Other financial assets	66,782.63
2. Current assets	3,370,516,286.15
2.1 Inventory	0.00
2.2 Receivables out of which:	207,740,297.71
- commercial papers	0.00
2.3 Cash	43,103,847.60
2.4 Short term financial investments	2,548,561,860.36
2.4.1 Listed shares**	2,548,561,860.36
2.4.2 Unlisted shares	0.00
2.4.3 Municipal bonds	0.00
2.4.4 Corporate bonds	0.00
2.4.5 Participation titles of UCITS and/or of OCIU	0.00
2.5 Newly issued securities	0.00
2.6 Government securities	91,671,184.42
2.7 Bank deposits	387,546,304.02
2.8 Certificates of deposits	0.00
2.9 Other current assets	91,892,792.04
3. Derivatives	0.00
4. Prepaid expenses	384,669.94
5. Total assets	10,479,671,894.27
6. Total liabilities	57,413,911.61
6.1 Borrowings from bond issues	0.00
6.2 Amounts due to credit institutions	0.00
6.3 Advance payments to customer accounts	0.00
6.4. Payables	14,091,267.93
6.5 Commercial papers due	0.00
6.6 Amounts due to group companies	0.00
6.7 Amounts due to related parties	0.00
6.8 Other debts	43,322,643.68
7. Provisions	856,247.22
8. Deferred income out of which:	0.00
8.1 Subsidies for investments	0.00
8.2 Deferred income	0.00
9. Shareholders' equity out of which:	10,421,401,735.44
9.1 Share capital	3,959,264,762.44
9.2 Share capital premiums	0.00
9.3 Revaluation differences	-4,061.29
9.4 Reserves	-140,834,484.17
9.5 Retained earnings	7,167,659,087.61
9.6 Period result	-564,683,569.15
9.7 Profit appropriation	0.00
10. Total liabilities and Shareholders' equity	10,479,671,894.27
11. Net Asset Value	10,421,401,735.44
12. No of shares issued*	6,488,497,491
13. Net asset value per share	1.6061
14. Number of portfolio companies out of which:	33
14.1 Companies admitted to trading on a regulated market	3
14.1 Companies admitted to trading on an alternative regulated market***	4
14.3 Companies not admitted to trading	26

Legend:

* = Represents the number of shares related to the paid-up subscribed share capital (according to provisions of Law 247/2005, Title VII, Art. 92, alin. 5 "Subscribed unpaid shares are not taken into account for the computation of net asset value per share for Fondul Proprietatea") excluding (a) the Fund's own shares bought back (Treasury shares), according to provisions of CNVM Regulation no. 4/2010, as subsequently amended, and (b) the equivalent number of shares corresponding to the GDRs bought back

** = Include also the value of holdings admitted to trading on AeRo market (alternative regulated market)

*** = Include the number of companies admitted to trading on AeRo market (alternative trading system)

Franklin Templeton International Services S.à r.l acting in the capacity of Sole Director of Fondul Proprietatea SA

Călin Meteș	Marius Nechifor
Permanent representative	Compliance Officer

BRD Groupe Societe Generale

Victor Strâmbei
Manager Depositary Department

Annex - Valuation methods used for the securities and the monetary market instruments held by Fondul Proprietatea S.A. as at 31 August 2020

The valuation methods used for the computation of the NAV as at 31 August 2020, for the securities and the monetary market instruments held by Fondul Proprietatea S.A. are the following:

1.   Listed companies on BVB traded within last 30 trading days: Closing Price

2.   Listed companies on AeRo market (alternative trading system) traded within last 30 trading days: Reference price - Average Price

3.   Listed companies with no trades within last 30 trading days:  Fair value / share;

4.   Unlisted companies: Fair value / share;

5.   Companies in insolvency, judicial reorganization, liquidation, dissolution or bankruptcy: Valued at zero;

6.   Unlisted companies for which the annual financial statements for the previous year are not available within 90 days after the legal submission deadline: Valued at zero;

7.   Listed government bonds: Fair value (reference composite price, including the cumulated interest);

8.   Bank deposits: Bank deposit amount cumulated with the accrued interest receivable calculated for the period elapsed since its creation date.

Franklin Templeton International Services S.à r.l acting in the capacity of Sole Director of Fondul Proprietatea SA

Călin Meteș Permanent Representative	Marius Nechifor Compliance Officer

Annex - Changes of the valuation methods used for the computation of the NAV of Fondul Proprietatea as at 31 August 2020

There was no change of the valuation methods used for the computation of the NAV as at 31 August 2020 for Fondul Proprietatea S.A, as compare to 31 July 2020, respectively from the last reporting of the net asset value of Fondul Proprietatea.

Franklin Templeton International Services S.à r.l acting in the capacity of Sole Director of Fondul Proprietatea SA

Călin Meteș	Marius Nechifor
Permanent representative	Compliance Officer

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