Market News

TRANSILVANIA INVESTMENTS ALLIANCE S.A. - TRANSI

NAV as of 31.01.2023 - recalculated

Release Date: 3/23/2023 6:00:21 PM

IRIS Code: C4C70

According to the F.S.A. Regulation no. 7/2020

Certified by BRD - Groupe Societe Generale S.A. Bucharest

STATEMENT
OF ASSETS AND LIABILITIES OF TRANSILVANIA INVESTMENTS ALLIANCE
as of 31.01.2023-recalculated
		RON	% of total assets
1	Intangible Assets	74,622.62	0.01
2	Tangible Assets	17,960,081.31	1.22
3	Investment Property	2,119,862.00	0.14
4	Biological Assets	0.00	0.00
5	Right-Of-Use Assets Under Leases	3,444,104.46	0.23
6	Financial Assets, out of which:	1,374,655,105.17	93.25
6.1	Financial Assets at Amortized Cost, out of which:	1,329,962.16	0.09
6.1.1	Accounts Receivable from Share Sales to be settled during the next month	977,120.00	0.07
6.2	Financial Assets at Fair Value through Profit or Loss	701,683,515.54	47.60
6.2.1	Shares	648,746,629.01	44.01
6.2.1.1	Listed Shares	584,473,390.49	39.65
6.2.1.1.1	Shares Listed on Romanian Markets	584,473,390.49	39.65
6.2.1.1.2	Shares Listed on Markets in EU Member States	0.00	0.00
6.2.1.1.3	Shares Listed on Markets in Third Countries	0.00	0.00
6.2.1.3	Unlisted Shares	64,273,238.52	4.36
6.2.1.3.1	Domestic Unlisted Shares	64,273,238.52	4.36
6.2.1.3.2	Foreign Unlisted Shares	0.00	0.00
6.2.2	UCITS and/or AIF Equity Securities	22,814,203.43	1.55
6.2.2.1	Listed Shares	5,046,271.44	0.34
6.2.2.2	Listed Fund Units	1,711,082.44	0.12
6.2.2.2.1	Fund Units Listed on Romanian Markets	1,711,082.44	0.12
6.2.2.2.2	Fund Units Listed on Markets in EU Member States	0.00	0.00
6.2.2.2.3	Fund Units Listed on Markets in Third Countries	0.00	0.00
6.2.2.3	Unlisted Fund Units	16,056,849.55	1.09
6.2.3	Bonds	30,122,683.10	2.04
6.2.3.1	Municipal Bonds	0.00	0.00
6.2.3.2	Corporate Bonds	0.00	0.00
6.2.3.2.1	Listed Corporate Bonds	0.00	0.00
6.2.3.3	Government securities	30,122,683.10	2.04
6.3	Financial Assets at Fair Value Through Other Comprehensive Income	671,641,627.47	45.56
6.3.1	Shares	561,932,959.70	38.12
6.3.1.1	Listed Shares	549,683,168.37	37.29
6.3.1.1.1	Shares Listed on Romanian Markets	549,683,168.37	37.29
6.3.1.1.2	Shares Listed on Markets in EU Member States	0.00	0.00
6.3.1.1.3	Shares Listed on Markets in Third Countries	0.00	0.00
6.3.1.3	Unlisted Shares	12,249,791.33	0.83
6.3.2	UCITS and/or AIF Equity Securities	109,270,657.33	7.41
6.3.2.1	Listed Shares	79,440,122.62	5.39
6.3.2.2	Unlisted Shares	0.00	0.00
6.3.2.3	Equity Holdings	29,830,534.71	2.02
6.3.3	Equity interests	438,010.44	0.03
7	Cash and Cash Equivalents	3,368,187.29	0.23
7.1	Cash and cash equivalents - current accounts	3,368,187.29	0.23
7.2	Credit line used	0.00	0.00
8	Bank Deposits	55,337,551.02	3.75
9	Other Assets	16,420,064.60	1.11
9.1	Dividends or Other Accounts Receivable	0.00	0.00
9.2	Newly issued securities out of which:	10,195,109.59	0.69
9.2.1	Government securities	10,195,109.59	0.69
9.3	Other Assets	6,224,955.01	0.42
10	Prepaid Expenses	719,854.15	0.05
11	TOTAL ASSETS	1,474,099,432.62	100.00
12	TOTAL LIABILITIES, out of which:	71,873,610.71	#Error
12.1	Financial Assets at Amortized Cost	34,154,374.12	#Error
12.1.1	Dividends Payable	24,973,432.31	#Error
12.1.2	Amounts Owed to Credit and Leasing Institutions	3,915,246.77	#Error
12.1.3	Trade Payables	1,656,296.58	#Error
12.1.4	Advance Payments from Customers	20.00	#Error
12.1.5	Accounts Payable to Companies within the Group	0.00	#Error
12.1.6	Accounts Payable Related to Participation Interests	118.95	#Error
12.1.7	Accounts Payable for Share Acquisitions to be settled during next month	3,609,259.51	#Error
12.2	Deferred Income Tax Liabilities	32,646,568.83	#Error
12.3	Other Liabilities- total, out of which:	5,072,667.76	#Error
12.3.1	Amounts Subscribed and Not Paid-In to Share Capital Increases and Bond Issues	0.00	#Error
12.3.2	Other Liabilities	5,072,667.76	#Error
13	Provisions for Risks and Taxes	1,809,107.00	#Error
14	Deferred Income	0.00	#Error
15	Shareholders' Equity, out of which:	1,400,416,715.16	#Error
15.1	Subscribed and Paid-in Share Capital	216,244,379.70	#Error
15.2	Equity- related Items	0.00	#Error
15.3	Other Shareholders' Equity Items	148,096,167.89	#Error
15.3.1	Changes in the Fair Value of Non-Monetary Financial Assets Measured at Fair Value through Other Comprehensive Income	143,187,894.89	#Error
15.4	Capital-Related Premium	0.00	#Error
15.5	Revaluation Reserves	15,602,906.95	#Error
15.6	Reserves	784,291,363.65	#Error
15.7	Own Shares	-2,933,143.77	#Error
15.8	Retained Earnings	213,064,390.79	#Error
15.9	Profit (Loss) For the Period	26,050,649.95	#Error
15.10	Profit Appropriation	0.00	#Error
16	NET ASSET VALUE	1,400,416,714.91	#Error
17	NUMBER OF SHARES ISSUED AND OUTSTANDING*	2,151,910,561	#Error
18	NET ASSET VALUE PER SHARE (RON/share)	0.6508	#Error
19	Number of Companies in Portfolio - total, out of which:	82	#Error
19.1	Companies Admitted to Trading on an EU Trading Venue	49	#Error
19.2	Companies Admitted to Trading on a Stock Exchange in a Third Country	0	#Error
19.3	Companies Not Admitted to Trading	33	#Error
20	Number of Investment Funds in which the Company holds Fund Units - total, of which:	6	#Error
20.1	Number of Open-End Investment Funds	3	#Error
20.2	Number of Closed-End Investment Funds	3	#Error
21	Newly issued securities (Number of Companies)	0	#Error
22	Number of Investment Funds in which the Company holds Equity Holdings	1	#Error
* In accordance with art. 47 para. (4) of the F.S.A. Regulation no. 7/2020 regarding the NAVPS calculation, this position represents: “the number of shares issued and outstanding as at that date, excluding the own shares redeemed by the Company.				.

Note: The methodology for the calculation of the net asset value is available on the Company's website: www.transilvaniainvestments.ro – “Rules and methods regarding the valuation of TRANSILVANIA INVESTMENTS ALLIANCE’s financial assets”.

Executive President
Rosca Radu-Claudiu

Executive Vice-President
Corpacian Stela

Financial Department
Head of Department,
Veres Diana

Portfolio Management Department
Head of Department,
Costescu Constantin

Compliance Officer,
Stoica Mihaela Corina

CERTIFIED BY THE DEPOSITORY COMPANY
BRD-Groupe Societe Generale S.A. Bucuresti
SECURITIES DIVISION
Director Claudia IONESCU
Verified by ____________

Annex drafted in accordance with art. 38 para. (4) of Law no. 243/2019

TRANSILVANIA INVESTMENTS ALLIANCE’s portfolio assets valuated based on valuation methods in accordance with the International Valuation Standards, as at 31.01.2023
Pos.	Tax Code	Company name	Symbol	No. of shares	Value		Valuation Report	Valuation	Remarks	Weight in	Weight in
				held	RON / share	Total value	Number and Date	Report		issuer's share capital (%)	SIF's total assets (%)
Listed on AeRO (SMT/SOT)
1	1102041	ARO-PALACE SA	ARO	345,704,600	0.1022	35,331,010.12	1536 / 07.03.2023	YES *	Dividend distribution	85.740	2.397
2	23058338	CASA ALBA INDEPENDENTA SIBIU	CAIN	782,468	52.5496	41,118,380.41	1537 / 07.03.2023	YES *		53.350	2.789
3	327763	COCOR SA	COCR	30,911	134.2989	4,151,313.30	1538 / 07.03.2023	YES *		10.250	0.282
4	1153932	CONCAS SA	CONK	336,756	20.5091	6,906,562.48	1540 / 07.03.2023	YES *		47.210	0.469
5	742395	DORNA TURISM SA	DOIS	455,793	7.6309	3,478,110.80	1543 / 07.03.2023	YES *		32.010	0.236
6	1118838	DUPLEX SA	DUPX	32,772	24.9970	819,201.68	4643 / 30.06.2022	YES **		26.870	0.056
7	803115	EMAILUL SA	EMAI	729,551	7.7740	5,671,529.47	1544 / 07.03.2023	YES *		28.930	0.385
8	752	FEPER SA	FEP	312,123,729	0.1796	56,057,421.73	1545 / 07.03.2023	YES *		85.800	3.803
9	2577677	INDEPENDENTA SA	INTA	1,530,636	8.6961	13,310,563.72	8863 / 29.12.2022	YES **		53.300	0.903
10	1122928	MECANICA CODLEA SA	MEOY	60,156,150	0.0889	5,347,881.74	1546 / 07.03.2023	YES *		81.070	0.363
11	1113237	MECON SA	MECP	58,966	17.0892	1,007,681.77	8866 / 29.12.2022	YES **		12.280	0.068
12	2423562	NEPTUN-OLIMP SA	NEOL	30,194,757	0.2759	8,330,733.46	1547 / 07.03.2023	YES *		41.180	0.565
13	1108834	ROMRADIATOARE SA BRASOV	RRD	11,477,141	0.9392	10,779,330.83	1548 / 07.03.2023	YES *		76.510	0.731
14	1879871	SANTIERUL NAVAL CONSTANTA SA	SNC	456,755	1.7908	817,956.85	8867 / 29.12.2022	YES **		0.700	0.055
15	790619	SEMBRAZ SA	SEBZ	719,900	5.0001	3,599,571.99	8868 / 29.12.2022	YES **		90.970	0.244
16	14686600	SERVICE NEPTUN 2002 SA	SECE	3,610,420	1.1507	4,154,510.29	4650 / 30.06.2022	YES **		39.620	0.282
17	9845734	TRANSILVANIA LEASING SI CREDIT IFN SA BRASOV	TSLA	481,234,149	0.0525	25,264,792.82	1550 / 07.03.2023	YES *		93.490	1.714
18	1849307	TRATAMENT BALNEAR BUZIAS SA	BALN	145,615,772	0.0407	5,926,561.92	1551 / 07.03.2023	YES *		91.870	0.402
19	559747	TURISM COVASNA SA	TUAA	439,760,355	0.0697	30,651,296.74	1552 / 07.03.2023	YES *		92.940	2.079
20	4241753	TUSNAD SA	TSND	230,601,476	0.0716	16,511,065.68	1554 / 07.03.2023	YES *		76.410	1.120
21	2410198	UTILAJ GREU SA	UTGR	476,226	9.8643	4,697,636.13	1555 / 07.03.2023	YES *		70.390	0.319
22	23058320	VIROLA-INDEPENDENTA SIBIU	VIRO	74,307	83.5200	6,206,120.64	1556 / 07.03.2023	YES *		53.620	0.421

Listed on BSE
23	1868287	COMCM SA CONSTANTA	CMCM	134,049,930	0.3021	40,496,483.85	1539 / 07.03.2023	YES *		56.720	2.747

Unlisted
24	14662474	APOLLO ESTIVAL 2002 SA		2,350,890	2.3011	5,409,632.98	4645 / 30.06.2022	YES **		39.620	0.367
25	405195	ARCOM S.A. BUCURESTI		667	18.4358	12,296.68	6768 / 30.09.2022	YES **	Share capital increase	0.020	0.001
26	41850416	CCP.RO BUCHAREST S.A.		142,500	7.1628	1,020,699.00	4649 / 30.06.2022	YES **	Share capital increase	1.640	0.069
27	1559737	CONTINENTAL HOTELS SA BUCURESTI		2,729,171	3.2992	9,004,080.96	1541 / 07.03.2023	YES *		9.300	0.611
28	7800027	CRISTIANA SA		153,410	117.5130	18,027,669.33	1542 / 07.03.2023	YES *	Dividend distribution	99.800	1.223
29	9638020	DEPOZITARUL CENTRAL SA BUCURESTI		10,128,748	0.0747	756,617.48	8860 / 29.12.2022	YES **		4.000	0.051
30	1170151	FERMIT SA		151,468	8.3042	1,257,820.57	8861 / 29.12.2022	YES **		16.370	0.085
31	18846755	GRUP BIANCA TRANS SA		8,414,200	0.2083	1,752,677.86	8862 / 29.12.2022	YES **		77.470	0.119
32	8012400	INTERNATIONAL TRADE&LOGISTIC CENTER SA		81,708,428	0.1158	9,461,835.96	8864 / 29.12.2022	YES **		87.300	0.642
33	42630141	KOGNITIVE MANUFACTURING TECH S.R.L.		238	1,840.3800	438,010.44	4651 / 30.06.2022	YES **		2.550	0.030
34	32947925	S.I.F. TRANSILVANIA PROJECT MANAGEMENT COMPANY SA		44,999	6.7437	303,459.76	8869 / 29.12.2022	YES **		100.000	0.021
35	33782418	SOCIETATEA DE INVESTITII CERTINVEST IMM S.A.		1,125	176.2459	198,276.64	4646 / 30.06.2022	YES **		15.630	0.013
36	2577839	SOFT APLICATIV SI SERVICII SA		47,728	27.2004	1,298,220.69	1549 / 07.03.2023	YES *		28.330	0.088
37	14630120	TOMIS ESTIVAL 2002 SA		522,893	2.9300	1,532,076.49	4652 / 30.06.2022	YES **		39.620	0.104
38	46047311	TRANSILVANIA INVESTMENTS ALLIANCE EQUITY S.A.		1,074,990	6.5536	7,045,054.46	1591 / 07.03.2023	YES **		100.000	0.478
39	26261034	TURISM LOTUS FELIX SA		484,853,142	0.0401	19,442,610.99	1553 / 07.03.2023	YES *		38.270	1.319

TOTAL						407,596,758.71					27.651

Explanatory note:

For the holdings whose value is estimated based on a valuation report, the valuation approaches and methodology used are those defined by the valuation standards in force, these being included in the 'Asset valuation policy and procedure.'

TRANSILVANIA INVESTMENTS ALLIANCE’s leverage and exposure, calculated in accordance with the Regulation (EU) no. 231/2013

Method

Leverage ratio

Exposure

Gross method

101.22%

1,417,560,690

Commitment method

105.26%

1,474,099,433

Executive President,
ROSCA RADU-CLAUDIU

Executive Vice-President,
CORPACIAN STELA

Certified by BRD-Groupe Societe Generale S.A.

Securities Division

Director: Claudia IONESCU

Head of Department,
COSTESCU CONSTANTIN

Caption

YES* = PricewaterhouseCoopers Management Consultants S.R.L. Bucuresti

YES** = TRANSILVANIA INVESTMENTS ALLIANCE

Remark = Valuation report + correction according to corporate event

Note: This statement is prepared only for companies whose share price used for the calculation of the Net Asset Value was determined based on a Valuation Report

TRANSI_20230323171938_Anexa-10-31-01-2023-recalculata-completa.pdf
TRANSI_20230323171948_VAN-31-01-2023-recalculat---EN.pdf

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

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