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SIF OLTENIA S.A. - SIF5

H1 2022 report

Release Date: 8/16/2022 8:08:32 AM

IRIS Code: D569E

HALF-YEARLY REPORT as of 30.06.2022

complying with F.S.A. Regulation no. 5/2018 and Law no. 24/2017- Republished

 

The activity of S.I.F OLTENIA S.A. during the first three months of the year 2022 has been carried out in accordance with the strategy approved by the O.G.S.M.

At 30.06.2022, the number of SIF5 shares in circulation is 475,000,000 shares following the successful completion of the redemption program in June 2022.

On 30.06.2022, the assets of the company - assessed in accordance with the provisions of the FSA Regulation no. 7/2020 - recorded a market value of 2,276,833,127 lei, decreasing by 6.02% compared to the  value recorded on 31 December 2021 (2,422,592,329 lei), and compared to the value recorded on 30 June 2021, the assets at the reporting date show a decrease  by 3.46% (2,358,478,885 lei).  

In the portfolio of S.I.F. Oltenia S.A., on 30.06.2022, there are participations in the share capital of 40 issuers, being a number similar to 30.06.2021.

Financial assets measured at fair value through other comprehensive income, in the amount of 2,186,225,177 lei, are decreasing by 8.04% compared to 31.12.2021 (2,377,459,052 lei).

The income from dividends as of 30.06.2022 is 369.47% higher than those recorded in the first six months of 2021, the companies in the portfolio distributed a solid dividend compared to the previous year, being also issuers who distributed a special dividend from the result carried forward in the previous years (B.R.D. - Groupe Societe Generale and Alimentara S.A. Slatina).

The total expenses of the Company as at 30.06.2022 (6,991,406 lei) are below those recorded in the corresponding period of 2021 (10,474,309 lei).

The net profit of the reporting period is 143,978,801 lei, an increase of 423.69% compared to 30.06.2021 (27,493,387 lei), due to the dividend income collected.

 

Top 10 companies from S.I.F. OLTENIA S.A. portfolio as of 30.06.2022:

 

No.

Issuer name

Symbol

Total value

-lei-

Share in the total asset of F.I.A.I.R

1

BANCA TRANSILVANIA CLUJ S.A.

TLV

469,736,606

20.6311

2

B.R.D. - GROUPE SOCIETE GENERALE

BUCURESTI S.A.

BRD

347,467,419

15.2610

3

OMV PETROM BUCURESTI S.A.

SNP

255,522,257

11.2227

4

S.I.F. BANAT CRISANA S.A.

SIF1

111,417,682

4.8935

5

S.I.F. MUNTENIA S.A.

SIF4

104,887,229

4.6067

6

ANTIBIOTICE IASI S.A.

ATB

95,178,813

4.1803

7

S.N.G.N. ROMGAZ S.A.

SNG

93,153,614

4.0914

8

FLAROS BUCURESTI S.A.

FLAO

88,495,724

3.8868

9

MERCUR CRAIOVA S.A.

MRDO

85,133,633

3.7391

10

S.N.T.G.N. TRANSGAZ MEDIAS S.A.

TGN

55,961,530

2.4579

TOTAL

1,706,954,507

74.9706

 

 

Total asset

2,276,833,127 lei

Net asset

2,128,606,828 lei

Net asset value per share

4.2572 lei

 

 

Main financial results as of 30.06.2022

 

Indicator Name

30.06.2022

- LEI -

30.06.2021

- LEI -

TOTAL INCOMES

158,530,810

39,344,777

TOTAL EXPENSES

6,991,406

10,474,309

GROSS RESULT - Profit

151,539,404

28,870,468

PROFIT TAX

(7,560,603)

(1,377,081)

NET RESULT- Profit

143,978,801

27,493,387

 

 

The simplified interim separate financial statements as of 30.06.2022 are prepared in compliance with the Rule no. 39/2015 for approving the Accounting Regulations complying with the International Financial Reporting Standards applicable to authorized entities, regulated and supervised by the Financial Supervisory Authority of Investments and Financial Investments Sector, as well as the Investor Compensation Fund, with subsequent amendments and completions.

 

We mention that simplified interim separate financial statements as of 30.06.2022 are not audited by the external financial auditor of the company.

 

SIF Oltenia S.A. informs the investors that the half-yearly report as of 30.06.2022 –prepared in accordance with legislation in force – will be available starting from 16.08.2022, hour 8:00 am., thus:

-on BVB website, www.bvb.ro , market symbol SIF5;

-on company’s website, www.sifolt.ro, at the Investors info section/Reports/Periodical reports;

-in written form at company’s headoffice, 1 Tufanele Street, Craiova, Dolj,

as well as by accessing the link below:

 

 

President - General Manager

Sorin-Iulian Cioaca

 

 

Vice-President - Deputy General Manager

Mihai Trifu

 

 

Viorica Balan

Compliance Officer

 



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