Portfolio Composition

RS's Portfolio by sectors.

Top 10 assets held by RS and SSH by book value of equity as of 31 Dec. 2019

 

Capital asset

Pillar

Ownership stake of RS* SSH as at31 Dec. 2019

Book value of shareholdings as at 31 Dec. 2019 (EUR) *

Proportion in total portfolio 

DARS, D. D.

TRANSPORT

100,00 %

2,863,136,409

27,70 %

HSE, D. O. O.

ENERGY SECTOR

100,00 %

1,064,640,823

10,30 %

GEN ENERGIJA, D. O. O.

ENERGY SECTOR

100,00 %

859,934,217

8,32 %

ABANKA, D. D.

FINANCIAL SECTOR

100,00 %

578,837,000

5,60 %

SLOVENSKE ŽELEZNICE, D. O. O. TRANSPORT 100,00 % 541,144,770 5,24 %

ZAVAROVALNICA TRIGLAV, D. D.

FINANCIAL SECTOR

62,57 %

495,550,368

4,79 %

SID BANKA, D. D.

FINANCIAL SECTOR

99,41 %

461,119,051

4,46 %

NLB, D. D.

FINANCIAL SECTOR

25,00 %

432,724,250

4,19 %

TELEKOM SLOVENIJE, D. D.

TURIZEM IN GOSPODARSTVO

66,80 %

394,679,914

3,82 %

POŠTA SLOVENIJE, D. D.

TRANSPORT

100,00 %

329,639,461

3,19 %

SKUPAJ

 

 

8,021,406,264

77,61 %

** Note: In case of consolidated statements, book-value of Group equity was taken into account.


*Excluding companies in bankruptcy or liquidation.

 

Composition of the portfolio under management as at 31 Dec. 2019 – by pillars (industries)

The portfolio of RS and SSH capital assets is divided into four pillars: each of the Transport and Energy sector Pillars comprise more than 30% of the SSH’s portfolio and, taken together, more than 70% (see graph below). After the partial sale of NLB in 2018, the proportion of the Financial Pillar decreased, and, at the end of 2019, the proportion of Tourism and Economy remained below 10%.

Graph: Portfolio composition as at 31 December 2019 - by pillars (industries) Similarly as at the end of 2018, SOEs from Transport and Energy Sector represent the great majority of capital assets under management as at 31 December 2019 (70.1% of the total portfolio).