Invalda INVL

Major Shareholding Notification • Apr 8, 2024

GROUP OVERVIEW 31 December 2023

	ALTERNATIVES
	Top funds AuM	Portfolio companies of Alternative investment funds
€165m			>€750m REVENUES
€94m			>€170m
€58m			NORMALIZED EBITDA
			>11,000 EMPLOYEES

GROUP OVERVIEW

31 December 2023

Other

KEY FINANCIALS OF INVALDA INVL					NET ASSET VALUE BREAKDOWN
€ thousand	Company			Group								2022				Δ
	2022	2023	2022	2023	€ thousand				Evaluation criteria				2023
Non-current assets	134,263	237,507	121,358	208,087	Investments into core businesses				17,460 Equity method				41,185			23,725
Current assets	3,155	4,342	22,668	10,377	Other own investments				116,723 Fair value				196,261			79,538
Equity	130,790	178,030	130,927	178,030	Cash & cash equivalents					372 Amortized cost				1,305		933
Non-current liabilities	2,413	2,931	3,599	3,815	Other assets				2,863 Amortized cost / residual value					3,098	235
Current liabilities	4,215	60,888	9,500	36,619	Total assets			Book value			137,418	241,849			104,431
Result before taxes	16,119	46,204	15,918	50,322	Total liabilities				Cost			-6,628	-63,819			-57,191
Net profit	16,666	45,816	16,714	45,816	NET ASSET VALUE			Book value			130,790	178,030			47,240
Net result attributable to holders of the parent Company	-	-	16,666	45,816	NET ASSET VALUE PER SHARE				Book value			11.07		14.83		3.76
					OVERVIEW OF KEY OWN INVESTMENTS
GENERAL PARTNER INVESTMENTS						OTHER OWN INVESTMENTS
INVL Asset Management managed products
				#4 bank in Lithuania				Largest bank in Moldova				Leading agricultural group in Lithuania
		+ OTHERS			18.45%				7.92% 48.81%
	2022	2023			2022		2023		2022		2023		2022			2023
	TOTAL VALUE					VALUE OF INVESTMENT
	€43.0m €57.7m				€34.2m		€85.4m		€16.8m	€22.2m			€21.9m			€19.3m
	NET GAIN (LOSS) OF INVESTMENT								NET GAIN (LOSS) OF INVESTMENT
	+€9.4m	+€11.9m			-€2.9m		+€4.8m		+€1.1m		+€6.1m		+€3.9m			-€2.6m
					INVALDA INVL SHAREHOLDERS, SHARE PRICE AND NET ASSET VALUE (NAV) DYNAMICS
		NAV per share and market price per share historical dynamics
12.51%	LJB Investments UAB (controlled by A. Banys)	0.80 DIVIDENDS
25.32% 1.88%	Alvydas Banys Irena Ona Mišeikienė Indrė Mišeikytė												DIVIDENDS	0.65
															11,07	14,83
26.01%												7,47	7,11	10,32
	7.44%	Lucrum Investicija UAB (controlled by D. Šulnis)				2,78	3,75	4,11	4,55	5,53	5,67
		Own shares
1.94% 24.90%						2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023