Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B · BIST:ASELS
Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B — Aselsan — Investor Presentation (August 2022)
19 slides from Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B's investor presentation, August 2022
Slide 1: Investor Presentation
Investor Presentation August 2022
Slide 2: Türkiye and ASELSAN's Place in Global Defense
Türkiye and ASELSAN’s Place in Global Defense 2021 Top 10 Spenders vs. Türkiye Military Spending of Türkiye (5 year averages) (Billion $) (Billion $) United States of… 801 18,00 China 293 16,00 India 77 14,00 United Kingdom 68 12,00 Russia 66 10,00 France 57 8,00 Germany 56 6,00 Saudi Arabia 56 4,00
Slide 3: Shareholder Structure
Shareholder Structure Shareholder Structure Türk Armed Forces Foundation (TAFF) ASELSAN, TAFF BOARD OF TRUSTEES -President (Chairman) is the only defense company listed on BIST. -Vice President - Minister of National Defense - Chief of General Staff - President of Defence Industries Free Float TAFF
Slide 4: Field of Activities
Field of Activities TRANSPORTATION, COMMUNICATION MICROELECTRONICS SECURITY, ENERGY, RADAR, ELECTRONIC DEFENSE SYSTEMS INFORMATION GUIDANCE and ELECTRO- AUTOMATION and WARFARE TECHNOLOGIES TECHNOLOGIES OPTICS HEALTHCARE Avionic Systems Military Communications Radar Systems Air & Missile Defense Secu
Slide 5: Our Affiliates
Our Affiliates ROKETSAN ASELSANNET ASELSAN KONYA SİLAH SİSTEMLERİ ASPİLSAN ENERJİ SANAYİ VE TİCARET Share : 15% Share: 100% Share: 51% A.Ş. Partner: TSKGV Partner: Konya Founded: 2004 Founded: 1988 Defence Industry Share: 1% Assets: 132 Mio $ Assets: 982 Mio $ (*) Founded: 2018 Ortak: TSKGV Assets:
Slide 6: Human Resources
Human Resources Talent Management Total Employees : 9.545 University-Industry Cooperation Engineers : 5.780 Location and Fringe Benefits Back to Türkiye Project 6% 4% Administrative Projects Carried Out with Universities Support 30% Technicians Internship and Co-op Opportunities for High school and
Slide 7: Domestic Sales and Exports
Domestic Sales and Exports MI LLI ON TL Domestic Sales Exports 21.000 20.139 25% 2.243 18.000 16.104 24% 15.000 1.540 13.013 12.000 1.574 10.841 44% 9.009 1.597 9.000 17.896 889 66% 14.564 6.000 41% 5.412 41% 3.850 11.439 17% 8% 784 9.244 2.535 2.739 485 8.120 3.000 2.171 398 460 547 4.628 3.365 1.7
Slide 8: 2022 1st Half Financial Highlights
2022 1St Half Financial Highlights New Backlog Revenue Increase in EBITDA Contracts EBITDA Margin 489 Million 7,9 Billion 10.841 Million USD USD TL 42% 25% Financial Highlights (Million TL) June'21 June'22 ∆% Net Sales 6.975 10.841 55 Gross Profit 2.576 3.419 33 Gross Profit Margin %37 %32 Operating
Slide 9: Our Backlog
Our Backlog Backlog History (Billion USD) $9,7 $9,5 $9,1 $8,5 $7,9 2018 2019 2020 2021 2022 1H New Contract Awards (Million USD) 4.057 3.043 2.022 1.279 489 2018 2019 2020 2021 2022 1H >300 1.947 942 - 312 - 50-300 1.704 1.206 426 767 - <50 406 895 853 943 489 9
Slide 10: Our Backlog
Our Backlog Ministry of National Defense 4,1% TAI 11,0% ASFAT Europe and Americas BMC STM Other ROKETSAN 0,8% 13,7% Caspian Region 8,2% 3,6% Export Africa 13,4% 2,1% Presidency of Defense Industries Middle East and Asia 49,6% 6,9% Non- TRY EUR Defense Defense 17% 13% 91% 9% EUR 37% Backlog Cost Back
Slide 11: The Biggest R&D Spender in Türkiye
The Biggest R&D Spender in Türkiye The incentive periods provided for Technology Development Zones and R&D design centers have been extended from 31.12.2023 to 31.12.2028. R&D Spending Million TL Milyon TL Externally-Funded R&D Internally-Funded R&D 6.000 5.615 949 5.000 4.000 3.356 3.276 912 2.975
Slide 12: 2022 Guidance
2022 Guidance Net Sales EBITDA Margin CAPEX > 25% > 22% 5 Billion TL 12
Slide 13: Our Strong Sustainability Performance
Our Strong Sustainability Performance Our Success in Climate Change A score above the global average in CDP Climate Change Reporting, which we have been included for years. ASELSAN participated in CDP Water Reporting for the first time and received an A- score, while ASELSAN received an A- score in
Slide 14: Our Stakeholder Map
Our Stakeholder Map Employees Customers Employee Satisfaction Survey Customer Satisfaction Employees’ Voice Workshops Surveys Surveys on the Working Website Experience Call Center Investors Exhibitions in and outside Analyst Meetings Society Türkiye Investor Conferences and Website Roadshows Social
Slide 15: APPENDIX
APPENDIX 15
Slide 16: Consolidated Balance Sheet (Million TL)
Consolidated Balance Sheet (Million TL) Assets Liabilities (Milllion TL) 31.12.2021 30.06.2022 (Milllion TL) 31.12.2021 30.06.2022 CURRENT ASSETS 23.175 27.661 CURRENT LIABILITIES 16.750 19.762 Cash and Cash Equivalents 2.492 2.223 Short-term Financial Liabilities 5.070 7.104 Trade Receivables 9.803
Slide 17: Income Statement
Income Statement Consolidated Income Statement (Million TL) (Milllion TL) 30.06.2021 30.06.2022 PROFIT OR LOSS Revenue 6.975 10.841 Cost of sales (-) (4.399) (7.422) GROSS PROFIT 2.576 3.419 General administrative expenses (-) (262) (434) Marketing expenses (-) (416) (287) Research and development e
Slide 18: Forward Looking Statements
Forward Looking Statements The information contained herein has been prepared by ASELSAN (the Company). The opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice. These materials contain statements about future events and
Slide 19: Address
Address ASELSAN Elektronik Sanayi ve Ticaret A.Ş. Mehmet Akif Ersoy Mah. İstiklal Marşı Cad. No:16 06200 Yenimahalle, Ankara Telephone +90 850 828 1 828 E-Mail aselsan.ir@aselsan.com.tr Web Site www.aselsan.com.tr/en/investor-relations 19