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Invalda INVL Fund Information / Factsheet 2018
2247_rns_2018-11-30_509160a5-7eb0-487f-9f26-c856f099a7e9.pdf
Fund Information / Factsheet
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INVALDA
INVL
INVALDA INVL 2018 Q3 RESULTS' FACTSHEET
Invalda INVL, operating since 1991, is one of the leading asset management groups in the Baltic region. The companies it owns in Lithuania and Latvia manage more than 20 mutual, real estate and pension funds (2nd and 3rd pillar), alternative investments, individual portfolios, private debt assets, private equity and other financial instruments. Companies in the group manage more than EUR 650 million of assets entrusted to them by over 190 thousand clients in Lithuania and Latvia as well as international investors.
IVL1L
Nasdaq Baltic Lided
The shares of Invalda INVL have traded on the Nasdaq Baltic exchange since 1995.
Votes as of 30-09-2018
| Net assets of the Company, thousand EUR | Evaluation criteria | 30-09-2017 | 30-09-2018 |
|---|---|---|---|
| Investment into asset management | Equity method | 7,530 | 8,436 |
| Cash and cash equivalents | Book value | 810 | 1,568 |
| Investments into INVL Baltic Real Estate | Market price | 9,951 | 10,508 |
| Investments into INVL Technology | Market price | 2,639 | 2,589 |
| Other listed shares | Market price | 1,649 | - |
| Investments into Litagra UAB | Comparative method of multipliers | 16,810 | 9,898 |
| Investments into Šiauliai Bank | Market price | 17,496 | 18,450 |
| Investments into Inservis UAB (including loans granted) | Comparative method of multipliers | 3,793 | 2,592 |
| Subsidiary cash and investment into investment fund | Fair value of net assets | - | 6,449 |
| Funds for investment into Moldova-Agroindbank | Fair value of net assets | - | 4,721 |
| Investments into other subsidiary companies (including loans granted) | Fair value of net assets | 951 | 690 |
| Other loans, other assets | Book value | 1,182 | 1,121 |
| Liabilities | Book value | (1,883) | (1,859) |
| Net asset value | 60,928 | 65,163 | |
| Net asset value per share, EUR | 5.27 | 5.64 | |
| Main items of financial statements, thousand EUR | Company's | Group's | |
| --- | --- | --- | --- |
| 9 months of 2017 | 9 months of 2018 | 9 months of 2017 | |
| Non-current assets | 59,659 | 58,430 | 56,342 |
| Current assets | 3,152 | 8,592 | 7,237 |
| Equity | 60,928 | 65,163 | 60,928 |
| Non-current liabilities | 992 | 1,360 | 1,071 |
| Current liabilities | 891 | 499 | 1,580 |
| Result before taxes | 9,430 | 128 | 9,369 |
| Net result | 8,274 | 110 | 8,274 |
Turnover and share price (EUR) of Invalda INVL
INVALDA
INVL
INVALDA INVL 2018 Q3 RESULTS' FACTSHEET
ASSET MANAGEMENT
| ASSET MANAGEMENT | FMI | ASSET MANAGEMENT | FMI | FMI INVL FINASTA | FMI | FARMLAND MANAGEMENT | FMI MUNDUS |
|---|---|---|---|---|---|---|---|
| EUR million (if not stated otherwise) | 2017 | 30.09.2018 | |||||
| --- | --- | --- | --- | --- | --- | --- | |
| Lithuania | Latvia | total | Lithuania | Latvia | total | ||
| Number of clients, thousands | 139.2 | 51.4 | 190.6 | 145.8 | 51.1 | 196.9 | |
| Asset under management* | 533.7 | 77.8 | 611.5 | 610.9 | 76.2 | 687.1 | |
| 2nd pillar pension funds | 312.0 | 62.0 | 374 | 365.0 | 68.8 | 433.8 | |
| 3rd pillar pension funds | 21.1 | 1.2 | 22.3 | 23.4 | 1.2 | 24.6 | |
| Investment funds | 87.4 | - | 87.4 | 74.5 | 0.0 | 74.5 | |
| Portfolios | 43.7 | 0.2 | 43.9 | 48.9 | 0.0 | 48.9 | |
| Alternative assets | 69.5 | 14.4 | 83.9 | 99.1 | 6.2 | 105.3 | |
| Revenues (January – September) | 4.08 | 0.76 | 4.84 | 5.0 | 0.5 | 5.5 | |
| Profit before tax (EUR thousand)** (January – September) | (57) | 116 | 59 | (388) | 48 | (340) |
More information on the services and activity of asset management sector is provided on www.invl.com.
* Eliminated investments into own products for which management fee is not charged
** According to accounting data of Invalda INVL
SHARE PRICE CHANGE (%) OF GROUP'S LISTED COMPANIES
OTHER INVESTMENTS
| Company | Activity | Owned shares, % | Value of owned shares, mln EUR | Profit (loss) from investments during 9 months 2018, mln EUR |
|---|---|---|---|---|
| BALTIC REAL ESTATE | ||||
| www.invlbalticrealestate.com | Closed-ended type investment company investing in commercial real estate | 32.22 | 10.5 | 0.998 |
| TECHNOLOGY | ||||
| www.invltechnology.com | Closed-ended type investment company investing in IT businesses | 14.18 | 2.6 | 0.014 |
| SIAULIŲ BANKAS | ||||
| www.sb.lt | Lithuanian commercial bank providing financial services to business and private clients | 6.79 | 18.45 | 0.492 |
| LITAERA | ||||
| www.litagragroup.lt | Primary agricultural production company concentrating on the cultivation of grain, as well as milk and feed production | 36.9 | 9.9 | (0.075) |
| inservis | ||||
| TÜV TÜV FINZSÜNG | ||||
| www.inservis.lt | Facilities management company | 100 | 2.6 | (0.452) |
More information www.invaldainvl.com