Cimsa Cimento Sanayi Ve Ticaret A.s. · BIST:CIMSA
Cimsa Cimento Sanayi Ve Ticaret A.s — FY2020 Earnings Presentation
34 slides from Cimsa Cimento Sanayi Ve Ticaret A.s's earnings presentation, 2021
Slide 1: Investor Presentation 2020
INVESTOR PRESENTATION 2020
Slide 2: Disclaimer
MeO Disclaimer The information and opinions contained in this document have been compiled by Cimsa Cimento Sanayi ve Ticaret A.S. ("CIMSA’) from sources believed to be reliable and in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or c
Slide 3: Market Outlook
Market Outlook www.cimsa.comtr
Slide 4: Turkish Cement Market
cim@O Turkish Cement Market Increase in Turkey domestic cement consumption is recorded Turkey's GDP growth realized 1.8% growth in 2020. ‘ 22.6 % in 2020. 22,6% 111% ° H i : H f \ i -10,8% H @ 1 , , , ot Rafe 2003 2004 2005 2006 2007 2008 2009 201 2012 2013 2014 2015 2016 2017 2018 2019 2020 4 2003
Slide 5: Turkish Cement Market
Turkish Cement Market 97 Mt 90 Mt
Slide 6: Turkish Cement Market
cim Turkish Cement Market Sabanci Cement Group is the leader of Turkish cement market with 16% market share based on clinker capacity 14% 11% 8% 8% aay 5% 5% 5% Akcansa¢ Askale — Cimko—- Nuh_—Ciment 19% www.cimsa.com.tr
Slide 7: Global White Cement Market
Global White Cement Market ▪ : CW Global White Cement Report, OneStone Research White Cement Outlook
Slide 8: Global White Cement Market
Global White Cement Market ▪ ▪ ▪ : CW Global White Cement Report, OneStone Research White Cement Outlook
Slide 9: Overview of Çimsa
Overview of Cimsa wwwclmsacomtr _g
Slide 10: Çimsa Cement – History and Development
Çimsa Cement – History and Development ▪ ▪
Slide 11: Strategy Roadmap
Strategy Roadmap • • • • • • • • • •
Slide 12: Çimsa Grey – Solid Network
Çimsa Grey – Solid Network 6.2 Mt 1.6 Mt
Slide 13: Çimsa Grey – Operational Excellence
▪ 600 650 700 800 850 900 950 750 Iraq Afyon #1 Nigde #1 Russia Algeria Kayseri #1 Algeria Azerbaijan Algeria Nigeria Russia Switzerland Morocco Greece Nigeria Morocco Morocco Switzerland Jordan Mersin #1 Romania Eskisehir #2 Morocco Greece U.K. Serbia Çimsa Grey – Operational Excellence Moldova Rom
Slide 14: Çimsa Grey – Strong Export Capabilities
Çimsa Grey – Strong Export Capabilities
Slide 15: Çimsa White – Main Application Areas
Çimsa White – Main Application Areas
Slide 16: Çimsa White – Market Positioning
Çimsa White – Market Positioning ▪ ▪
Slide 17: Çimsa White – Market Positioning
Çimsa White – Market Positioning ▪ ▪ ▪
Slide 18: Çimsa White - Overview of the Bunol Transaction
Çimsa White - Overview of the Bunol Transaction Cantabria Asturias País Galicia Vasco Foral de Navarra • La Castilla y Rioja León • Aragón Cataluña Madrid Extremadura Castilla-La Valenciana Mancha • Buñol Murcia • Andalucía
Slide 19: Cimsa Sabanci Cement BV - Organizational Structure
Cimsa Sabanci Cement BV - Organizational Structure % %
Slide 20: Special Products – Çimsa Aluminates Family
Special Products – Çimsa Aluminates Family ▪ ▪ ▪ ▪
Slide 21: Special Products – Calcium Alimunate Cement
Special Products – Calcium Alimunate Cement
Slide 22: Sustainabilty
Sustainabilty • • ➢ ➢ ➢ Valuations ➢ ➢ People Developing Brave oriented Participator Passionate Digital Sincere
Slide 23: ENVIRONMENT
ENVIRONMENT ENVIRONMENT Alternative fuel usage increase, 7,8% 2020.((7,5% 2019) Environment Product Declaration (EPD) for White and CAC products. 26,700 m3 water recovered in Afyon, Kayseri & Eskisehir Plants. (37.151 m3 - 2019) 20,419 tons of CO2 saved WHR (2020).(21.950-ton- 2019) A climate change
Slide 24: The Future for Çimsa’s Business
The Future for Çimsa’s Business
Slide 25: Operational Results
Operational Results wwawcimsacomtr 25
Slide 26: Operational Results*
Operational Results* *Çimsa Turkey Sales
Slide 27: Operational Result – Grey Clinker Cost Structure
Operational Result – Grey Clinker Cost Structure -18%
Slide 28: Financial Results
Financial Results wwwelmsacomtr 28
Slide 29: Financial Result
Financial Result DEC 2019 DEC 2020 Key Financial Highlights (MTL) Q4-19 Q4-20 Change % Change% YTD YTD
Slide 30: Financial Result
Financial Result Q3 Cash: 904 MTL YE Cash: 267 MTL
Slide 31: Financial Result
cim Financial Result Net working capital*/ Net Sales was at 15% for 2020 Q4, increased from 21% for 2019, 4 ntha Y Optimization of production to managing inventory levels. Y Stro! overdue receivable management v Payment term negotiations with suppliers Net working capital / Net Sales is at 15% for 2
Slide 32: Balance Sheet
Balance Sheet Borrowing including IFRS16*
Slide 33: Income Statement
cim@® Income Statement 2020YE. Income Statement (MTL) 202012M 201912M Sales 2.076 1.285 Cast of sales (-) 1,609 1.052 GROSS PROFIT 768 235 General and administrative expense (-) 147 108 Marketing, selling and distribution expense (-) 12 Research and development expense (-) “4 Other operating ircome
Slide 34: Cash Flow
cim@® — Cash Flow [A. CASH FLOWS FROM OPERATING ACTIVITIES Profle before taxation ‘Adjustments to reconcile net profitloss fr the period changes in working capital ‘Short term trade recehables| Inventories Other recehables/eurrent assets/prepaid expenses Long-term trade recehables Other long-term tr
Çimsa Çimento Sanayi ve Ticaret A.Ş. — FY2020 Earnings Presentation on 6ix