GHG at a Glance

Segment overview

Georgia Healthcare Group
Key
Segments
Healthcare services Pharma Medical insurance
Hospitals Polylinics (outpatient clinics) Pharma Medical Insurance
Referral Hospitals Community Hospitals
Key Services

General and specialty hospitals offering outpatient and inpatient services in Tbilisi and major regional cities

Basic outpatient and inpatient services in regional towns and municipalities

Outpatient diagnostic and treatment services in Tbilisi and major regional cities

Wholesaler and urban-retailer, with a countrywide distribution network

Range of private insurance products purchased by employers

Market Size 2017

GEL 1.2bln adressable
21% by revenue
24.9% by beds (total 3,320 beds)
GEL 0.7bln

2% by revenue
GEL 1.5bln

30% by revenue
GEL 0.2bln

27% by revenue

Market
Share

Selected
Operating
Data 1H18
85% 16 hospitals
2,825 beds
15% 21 hospitals
495 beds

17district polyclinics

24 express outpatient clinics

259 pharmacies in major cities

c. 157,000 individuals

Financials 1H18

Gross Revenue

GEL419.5mln

EBITDA

GEL62.6mln

30%
GEL 126.6 mln
3%
GEL 12.2 mln
2%
GEL 10.4 mln
59%
GEL 254.2 mln
6%
GEL 27.0 mln
57%
GEL 35.7 mln

3%

GEL 1.7 mln
39%
GEL 24.6 mln
1%
GEL 0.7 mln
EBITDA Margin: 25.4% EBITDA Margin: 14.8% EBITDA Margin: 9.7% EBITDA Margin: 2.7%