Key figures

Key figures as at 30 June 2022

Overview of the Half-year

  30/06/2022 31/12/2021
Net Asset Value (in EUR million) 9,875 11,354
Net Asset Value per share (in EUR) (1) 294.95 337.86
Loan-to-value in transparency (in %) -0.0% -2.9%
  1ST SEMESTER 2022 1ST SEMESTER 2021
Net result (share of the group) (in EUR million) -1,336 1,600
Net result (share of the group) per share (in EUR) (2) -39.80 47.52

As a reminder, the General Meeting of Shareholders of 5 May 2022 decided to pay a gross dividend of EUR 3.128571 per share.

(1) Calculation based on the number of outstanding shares (33,479,972 shares as at 30 June 2022 and 33,607,072 shares as at 31 December 2021).

(2) Calculation based on the weighted average number of outstanding shares (33,565,782 shares as at 30 June 2022 and 33,678,993 shares as at 30 June 2021).

Evolution of the Net Asset Value over the last 20 years(3)

Evolution of the Net Asset Value per share over the last 20 years(3)

(3) The financial data at 31 December are prepared under IFRS standards since the financial year closed at 31 December 2004. The Net Asset Value for ​financial years prior to 2004 corresponds to the estimated value of the assets at 31 December. For 2022, the financial data are prepared under IFRS standards as at 30 June.
Figures relating to 2016 and 2017 have been restated in accordance with IAS 28, §18 to ensure that the Net Asset Value for 2016 and 2017 can be compared with that of the following years as set up under the Investment Entity status.

Average annual return(4) (in %)

(4) Average annual growth rate calculated on the basis of the change in equity per share (NAVPS) during the reporting period from 1st July to 30 June, taking into account the gross dividend(s) per share of Sofina.
(5) Corresponds to the net assets per share or equity per share (calculation based on the number of outstanding shares at the end of the period).
(6) MSCI ACWI Net Total Return EUR Index (NDEEWNR Index) is the benchmark used by Sofina.

Evolution of the stock price(7) over the last 20 years (in EUR)

(7) Stock price at 31 December except for 2022 which provides the stock price at 30 June.

Gross and net dividend per share (in EUR)

Sectoral breakdown of the portfolio in transparency(8)

    (8) Based on the fair value of the Sofina group’s investments as at 30 June 2022 (portfolio in transparency).

    78 employees over our 3 offices

    16 nationalities:

    Distribution women/men

    The 10 largest investments of Sofina Direct represent 25% of its Net Asset Value(9) (10)

    1. GROUPE PETIT FORESTIER
    2. BYJU’S
    3. COGNITA
    4. SC CHINA CO-INVESTMENT 2016-A
    5. CAMBRIDGE ASSOCIATES
    6. BIOMÉRIEUX
    7. DRYLOCK TECHNOLOGIES
    8. VERSE INNOVATION
    9. NUXE
    10. MÉRIEUX NUTRISCIENCES

    (9) Listed in decreasing order of fair value as at 30 June 2022 (portfolio in transparency).

    The 10 largest General Partners of Sofina Private Funds represent 26% of its Net Asset Value(9)

    1. SEQUOIA CAPITAL (US, CHINE & INDE)​
    2. LIGHTSPEED VENTURE (US, CHINE & INDE)
    3. ICONIQ CAPITAL
    4. INSIGHT VENTURE PARTNERS
    5. BATTERY VENTURES
    6. THOMA BRAVO
    7. TA ASSOCIATES
    8. DST
    9. ANDREESSEN & HOROWITZ
    10. SPARK CAPITAL

    (10) The ranking of our Sofina Direct investments does not take into consideration indirect exposures on these entities, held through some funds of Sofina Private Funds.