The return on capital amounted to 16.0% in the first nine months of 2022, and reflects an annual rate of 21.3%, compared to approximately 13.8% in the first nine months of last year. Simultaneously with the publication of the reports, the fund reported on the distribution of a dividend in the amount of NIS 55 million, which reflects a dividend yield of approximately 4% in relation to the market value of the fund at the beginning of the year. The equity as of September 30, 2022 was approximately NIS 1.91 billion compared to approximately NIS 1.68 billion as of December 31, 2021. The net asset value (NAV) per share of Generation (excluding deferred taxes) as of September 30, 2022 is approximately NIS 1.67 per share, compared to NIS 1.44 per share as of December 31, 2021.
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Erez Belsha, CEO and founder of Generation Capital: “In this quarter, we are presenting record results that express the strength of our portfolio of yielding assets, along with carrying out operations to strengthen and improve the assets, the fruits of which are also reflected in terms of cash flows. As of September 30, 2022, we hold a portfolio of approximately NIS 3.2 billion consisting of diversified and well-distributed assets, backed by long-term contracts and protected from index increases.”