Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B · BIST:ASELS
Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B — Aselsan — Investor Presentation (October 2021)
19 slides from Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B's investor presentation, October 2021
Slide 1: Investor Presentation
Investor Presentation October 2021
Slide 2: Turkey and ASELSAN's Place in Global Defense
Turkey and ASELSAN’s Place in Global Defense 2020 Top 10 Spenders vs. Turkey Military Spending of Turkey (5 year averages) (Billion $) (Billion $) USA 778 20,00 China 252 18,00 India 73 16,00 Russia 14,00 62 12,00 United Kingdom 59 10,00 Saudi Arabia 58 8,00 Germany 53 6,00 France 53 4,00 Japan 49 2
Slide 3: Shareholder Structure
Shareholder Structure Shareholder Structure Turkish 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 TA
Slide 4: Field of Activities
Field of Activities TRANSPORTATION, COMMUNICATION MICROELECTRONICS RADAR, ELECTRONIC DEFENSE SYSTEMS SECURITY, ENERGY, INFORMATION GUIDANCE and WARFARE TECHNOLOGIES AUTOMATION and TECHNOLOGIES ELECTRO-OPTICS HEALTHCARE COMMUNICATION AVIONIC RADAR SYSTEMS AIR and MISSILE DEFENSE SECURITY SATELLITE SY
Slide 5: Our Affiliates
Our Affiliates ROKETSAN ASELSANNET ASELSAN KONYA SİLAH SİS EHSİM Share : 15% Share: 100% Share: 51% Partner: TSKGV Founded: 2004 Partner: Konya Share: 50% Founded: 1988 Assets: 211 Mio $ Defence Industry Partner: Havelsan, SSTEK Assets: 1,3 Bio $ (*) Founded: 2018 Founded: 1998 Assets: 54 Mio $ Asse
Slide 6: Human Resources
Human Resources Talent Management Total Employees : 9.113 University-Industry Cooperation Engineers : 5.438 Location and Fringe Benefits Back to Turkey Project 6% Administrative Projects Carried Out with Universities 4% Support 30% Technicians Internship and Co-op Opportunities for High school and U
Slide 7: Domestic Sales and Exports
Domestic Sales and Exports MILLION TL Domestic Sales Exports 16.104 16.000 1.540 14.000 13.013 12.000 1.574 10.292 10.000 9.009 1.072 889 8.000 14.564 6.000 5.412 11.439 3.850 784 9.220 4.000 2.535 2.739 485 8.120 2.171 1.633 460 547 2.000 398 4.628 272 3.365 1.773 2.075 2.192 1.361 0 7
Slide 8: 2021 3rd Quarter Summary Financials
2021 3rd Quarter Summary Financials 1.330 Million 9,3 Billion 10.292 Million +36% 24% USD USD TL New Increase in EBITDA Backlog Revenue Contracts EBITDA Margin Financial Highlights (Million TL) Sep'20 Sep'21 ∆% Net Sales 8.423 10.292 22 Gross Profit 2.240 3.401 52 Gross Profit Margin 26,6% 33,0% Ope
Slide 9: Our Backlog
Our Backlog Backlog History (Billion USD) $9,7 $9,5 $9,3 $9,1 $6,8 2017 2018 2019 2020 2021 3Q New Contract Awards (Million USD) 4.057 3.043 2.070 1.279 1.330 2017 2018 2019 2020 2021 3Q >300 411 1.947 942 0 312 50-300 701 1.704 1.206 426 424 9 <50 958 406 895 853 594
Slide 10: Our Backlog
Our Backlog TAI 9% Ministry of National Defense BMC 5% 13% Caspian Region ASFAT STM 4% Other REPUBLIC OF AZERBAIJAN 9% Exports 11% Europe and Americas 1% Presidency of Defense Industries 53% Middle East and Asia 6% EUR Non- TRY 10% Defense Defense 93% 20% 7% EUR 39% Backlog Cost Backlog Distribution
Slide 11: Prospective Projects and Potential Business Areas
Prospective Projects and Potential Business Areas Prospective Projects MILGEM I-Class Indigenous Laser Guidance Kit Frigate Helicopter Non-Defense Areas Railway Signaling Energy Management and Health Systems Systems Smart Grid Systems 11
Slide 12: The Biggest R&D Spender in Turkey
The Biggest R&D Spender in Turkey 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 4.000 3.356 3.500 2.975 481 3.014 3.000 316 583 2.5
Slide 13: 2021 Guidance
2021 Guidance Net Sales 40% - 50% Growth EBITDA Margin 20% - 22% CAPEX 2.000 Million TL 13
Slide 14: Our Stakeholder Map
Our Stakeholder Map ok Employees Customers Employee Satisfaction Survey Customer Satisfaction Employees’ Voice Workshops Surveys Surveys on the Working Website Experience Call Center Society Exhibitions in and outside Investors Turkey Website Analyst Meetings Social Media and Press Investor Conferen
Slide 15: Appendix
APPENDIX 15
Slide 16: Consolidated Balance Sheet (Million TL)
Consolidated Balance Sheet (Million TL) Assets Liabilities (Milllion TL) 31.12.2020 30.09.2021 (Milllion TL) 31.12.2020 30.09.2021 CURRENT ASSETS 19.594 17.540 CURRENT LIABILITIES 12.320 12.281 Cash and Cash Equivalents 4.082 1.311 Short-term Financial Liabilities 3.007 3.964 Trade Receivables 7.147
Slide 17: Income Statement
Income Statement Consolidated Income Statement (Million TL) (Milllion TL) 30.09.2020 30.09.2021 PROFIT OR LOSS Revenue 8.423 10.292 Cost of sales (-) (6.183) (6.892) GROSS PROFIT 2.240 3.400 General administrative expenses (-) (286) (409) Marketing expenses (-) (170) (515) 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