Lybid Investment Union LLC

Description

Name of privatization object: state share in the amount of 66.65% in the authorized capital of the LybidInvestment Union LLC.

Location: Ukraine, 03150, Kyiv city, 176 Antonovycha St.

USREOU code (ЄДРПОУ): 34693827.

Main activity according to the NACE: 68.20 Rental and operating of own or leased real estate.

Main financial indicators:

#	Indicators (thousand UAH)	2020	2021	2022	H1 2023
1.	Assets	1 916 447	1 862 917	1 976 056	2 113 027
1.1	Non-Current assets	1 510 370	1 401 264	1 704 128	1 742 157
1.2	Current assets	406 077	461 653	271 928	370 870
2.	Liabilities	1 916 447	1 862 917	1 976 056	2 113 027
3.	Total income, including:	1 351 040	1 837 674	428 766	327 521
3.1	Net income from sales of products (goods, works, services)	832 863	1 108 778	361 580	262 515
4.	Total costs, including:	2 550 917	1 341 930	3 117 563	835 057
4.1	Cost of goods sold (goods, works, services)	292 202	272 191	207 331	151 189
4.2	Administrative costs	3 997	3 095	12 971	2 958
4.4	Other operating costs	86 417	90 228	52 931	57 343
4.6	Income tax expenses	163 418	-98 084	381 089	77 418
5.	Net profit (loss)	-873 041	299 576	-1 926 619	-352 700

As of 30.06.2023:

Current accounts payable – UAH 1,773,448 thousand, including:

• for goods, works, services – UAH 12,826 thousand;
• debt to the budget – UAH 38 thousand;
• insurance debt – UAH 13 thousand;
• wage arrears – UAH 161 thousand.

Description:  the object of privatization is the state share in the amount of 66.65% in the authorized capital of the Lybid Investment Union LLC, which owns the Ocean Plaza shopping and entertainment center.

Ocean Plaza is one of the largest shopping and entertainment complexes of Kyiv, Ukraine. It was inaugurated in November 2012 as a joint project of the development companies UDP and KAN Development.

The shopping center is located on Lybidska Square next to the metro station of the same name, in close proximity to the historical part of the city.

The total area of the building is 134,627.2 sq. m, the rental area is over 70,000.0 sq. m.

In 2021, Ocean Plaza shopping and entertainment center was recognized as the best large shopping center in Ukraine according to the RAU Awards rating.

The facade of the building is decorated with a massive strip of triangular glass panels, which are illuminated in blue and resemble waves on the surface of the sea. The interior concept with a fountain and a public aquarium with a capacity of 350 thousand liters, in which exotic fish swim, was developed in collaboration with the Chapman Taylor international design bureau.

Ocean Plaza shopping and entertainment center includes:

• about 300 stores;
• about 30 restaurants;
• amusement park;
• 4K cinema “Cinema City Kyiv“;
• parking for 1,407 cars;
• City Beach Club summer beach complex with an area of more than 3,000 sq m with two swimming pools, a terrace and an open-air rooftop beach. The complex, which can accommodate up to 1,200 people and functions as an open-air cinema in the evening, is included in the “Ukrainian Book of Records” for the largest terrace and beach on the roof.

Information about land plots: 1 land plot with a total area of 2.9689 hectares.

Information on lease agreements concluded for the property: tbd.