Cates Elektrik Uretim Anonim Sirketi · BIST:CATES
Cates Elektrik Uretim Anonim Sirketi — Çates Elektrik Üretim A.Ş. — H1 2024 Earnings Presentation
21 slides from Cates Elektrik Uretim Anonim Sirketi's earnings presentation, Jun 30, 2024
Slide 1: CATES Investor Presentation H1 2024
CATES Investor Presentation H1 2024
Slide 2: CATES at a Glance
CATES at a Glance ode ‘ Wad J \\ CATALAGZI THERMAL POWER PLANT
Slide 3: Key Information on Power Plant
Key Information on Power Plant Catalagzi (CATES) Thermal Power Plant Catalagzi Thermal Power Plant Zonguldak, 314.68 MW License Installed License Licensing Operation Location Number Capacity Date Period Date Zonguldak / EÜ/5358- 314.68 MWe/ 18.12.2014 49 Years 22.12.2014 Catalagzi 1/03178 319.6 MWm
Slide 4: Key Information on Power Plant
Key Information on Power Plant Power Plant Equipment Boiler: Natural circulation boiler with reheater, single burner, dome (Boiler is the process in which the energy is obtained by burning coal and converting pure water into superheated steam. Supplier: Transelektro) ▪ Boiler Heat Capacity: 480 t/h
Slide 5: Company Milestones
Company Milestones As decided in the public investment Upon winning the tender organized by the Privatization program, in addition to Çatalağzı A Power Unit 1 at Çatalağzı B Power Plant started Administration, Çatalağzı Thermal Power Plant and the Plant, the construction of Çatalağzı B commercial op
Slide 6: Shareholding Structure
Shareholding Structure Parla Enerji Yatırımları A.Ş. (Parla Enerji) owns 79.99% of the Company's shares and the remaining 20.01% is publicly traded. Parla Enerji is wholly (100%) owned by Aydem Holding. Parla Enerji Publicly Traded Aydem Holding A.Ş. Yatırımları A.Ş. 79.99% 20.01% 100% Çates Elektri
Slide 7: Operational management performance at global standards
Operational management performance at global standards ISO 14001 ISO 50001 Our operations at Catalagzi Environmental Energy Management Management Thermal Power Plant are carried out with the Integrated Management System. Our ISO 9001 ISO 45001 Quality Occupational internationally recognized Manageme
Slide 8: Turkish Electricity Market
Turkish Electricity Market ode UN,Ns me A CATALAGZI THERMAL POWER PLANT
Slide 9: Plays a strategic role in Turkey's energy sector and future
Plays a strategic role in Turkey’s energy sector and future The growth of Turkish GDP… …drives electricity demand... ...with material further upside Real GDP (USDbn)1 Electricity demand (TWh)2 Per capita electricity consumption3 (MWh) 5.3% YBBO 3.6% 4.3% YBBO 7.9% YBBO 4,961 407 CAGR 330 3,629 7.9 6
Slide 10: Price Changes (2022 - 2023 - 2024 / TL)
Price Changes (2022 - 2023 - 2024 / TL) ‘000 (bin TL) 3.9 3.9 3.7 3.7 3.5 3.53.4 3.4 3.4 3.4 3.1 3.1 2.8 2.8 2.6 2.3 2.3 2.4 2.4 2.3 2.3 2.2 2.3 2.4 2.4 2.2 2.2 2.2 2.3 2.1 2.1 2.1 2.1 2.2 2.2 2.2 1.9 2.1 2.0 2.3 2.3 1.9 2.0 2.2 2.0 2.0 2.1 1.8 2.1 2.1 2.1 1.8 2.2 2.1 2.0 2.0 2.1 2.0 1.7 1.8 2.1 1.8
Slide 11: Key Price Indicators of ÇATES
Key Price Indicators of ÇATES Average Sales Price Including PFK Income PFK Revenue Effect per MWh (TL) (TL) 75 2,141 1,872 14% 61 23% H1 2023 H1 2024 H1 2023 H1 2024 Average Sales Price Excluding PFK Income Availability Rate (TL) 2,066 (%) 74% 1,811 14% 67% H1 2023 H1 2024 H1 2023 H1 2024 PFK: Prime
Slide 12: Featured in H1 2024
Featured in H1 2024 ode UN,Ns me A CATALAGZI THERMAL POWER PLANT
Slide 13: Power Plant Electricity Generation
Power Plant Electricity Generation Gross Generation (GWh) +28% +13% -10% 933 823 844 643 68% 60% 61% 47% H1 2021 H1 2022 H1 2023 H1 2024 Capacity Factor 13
Slide 14: Summary Financials
Summary Financials Revenues Gross Profit mn TL mn TL 508 3,355 -39% -118% 2,059 -90 H1 2023 H1 2024 H1 2023 H1 2024 EBITDA Net Profit mn TL 1,121 mn TL 1,119 -84% -112% 177 -138 H1 2023 H1 2024 H1 2023 H1 2024 14 Note: In accordance with TAS 29, inflation accounting is applied on the presented figur
Slide 15: Summary Financials
Summary Financials Cash and Cash Equivalents Net Working Capital mn TL 1,427 mn TL 448 +100% -96% 224 61 2023 H1 2024 2023 H1 2024 Net Financial Debt Earnings per Share mn TL 0.0x -0,1x TL 8.53 58 -110% -262% -94 (0.83) 2023 H1 2024 H1 2023 H1 2024 Net Fin. Debt/EBITDA As of 24 June 2024, all long a
Slide 16: Annexes
Annexes ee Wee A CATALAGZI THERMAL POWER PLANT
Slide 17: Annex 1 - Summary Consolidated Tables (TFRS)
Annex 1 - Summary Consolidated Tables (TFRS) Summary Statement of Financial Summary of Profit or Loss Statement June 30, 2024 December 31, 2023 June 30, 2024 June 30, 2023 Position (TL mn) (TL mn) Current Assets 814 2,711 Revenue 2,059 3,355 Non-Current Assets 10.882 11,227 Cost of Sales (2,149) (2,
Slide 18: Annex 2 - Developments – Subsequent Period
Annex 2 - Developments – Subsequent Period ✓ In accordance with our Company's Principles Regarding Related Party Transactions, the Conclusion Section of the Board of Directors Report on Related Party Transactions for the Fiscal Year 2024 was published on our Company's Public Disclosure Platform (KAP
Slide 19: Contact
Contact Investor Relations Headquarters Eif Hamlacıoğlu Gedik Şahinler Mahallesi Şahinler (Küme Evler) Yatağan Termik Investor Relations Group Director Santrali Sitesi No: 259/1 Yatağan/Muğla Mehmet Yusuf Güngör https://www.cates.com.tr/en Investor Relations Manager Hüseyin Konur Investor Relations
Slide 20: Disclosure Note
Disclosure Note ✓ Nevertheless, Çates Elektrik Üretim A.Ş. makes no claims or guarantees about the accuracy or completeness of the information contained in this Report. The information contained in this presentation can be changed without notice. ✓ Information contained in this presentation does not
Slide 21: CATES Investor Presentation H1 2024
CATES Investor Presentation H1 2024
Çates Elektrik Üretim A.Ş. — H1 2024 Earnings Presentation on 6ix