Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B · BIST:ASELS
Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B — Aselsan — Investor Presentation (October 2020)
17 slides from Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B's investor presentation, October 2020
Slide 1: Investor Presentation
Investor Presentation October 2020
Slide 2: Turkey and ASELSAN's Place in Global Defense
Turkey and ASELSAN’s Place in Global Defense 2019 Top 10 Spenders vs. Turkey Military Spending of Turkey (5-year averages) (Billion $) (Billion $) USA 732 18,00 China 261 16,00 India 71 14,00 Russia 65 12,00 Saudi Arabia 62 10,00 France 50 8,00 Germany 49 6,00 United Kingdom 49 4,00 Japan 48 2,00 So
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 BİLKENT MİKRO NANO ASELSAN HASSAS OPTİK Share :15% Share :100% Share:50% Share:50% Partner: TAFF Partner: BİLKENT Ünv. Partner:Sivas Optik Founded: 2004 Founded: 1988 Founded: 2014 Founded: 2014 Assets: 205 Mio $ Assets: 1,3 Bio $ (*) Assets: 26,2 Mio $ Ass
Slide 6: Human Resources
Human Resources Talent Management Total Employees : 8.371 University-Industry Cooperation Engineers : 4.951 Location and Fringe Benefits Back to Turkey Project 7% 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 MI LLI ON TL Domestic Sales Exports 13.013 1.574 9.009 8.423 889 530 5.412 11.439 784 3.850 8.120 7.893 2.535 2.739 485 2.171 1.502 1.633 460 547 4.628 398 83 272 3.365 1.773 2.075 2.192 1.419 1.361 7
Slide 8: 2020 3Q Summary Financials
2020 3Q Summary Financials 746 Million 9,5 Billion 1.255 Million +17% 21,6% USD USD USD New Increase in EBITDA Backlog Revenue Contracts EBITDA Margin Financial Highlights (Million TL) Sep'19 Sep'20 ∆% Net Sales 7.648 8.423 10 Gross Profit 1.850 2.240 21 Gross Profit Margin 24,2% 26,6% ↑ Operating P
Slide 9: Our Backlog
Our Backlog Backlog History (Billion USD) Book-to-Bill Ratio $9,7 $9,5 $9,1 $6,8 2,36 $6,2 2,17 1,41 1,33 0,85 2016 2017 2018 2019 2020 3Q 2016 2017 2018 2019 2020 3Q * (*) Annualized. New Contract Awards (Million USD) <50 50-300 >300 4.057 3.043 2.881 1.947 2.070 942 1.148 411 1.206 746 701 1.704 1
Slide 10: Our Backlog
Our Backlog TAI Ministry of National Defense 8,7% 6,6% BMC 10,7% Other ASFAT 10,8% Turkish Land Forces Maintenance STM ROKETSAN Caspian Region 1,1% Exports Middle East and Asia 9,2% 7,8% Europe and Americas Presidency of Defense 0,3% Industries 54,0% EUR Defense Non- TRY 13% 94% Defense 18% 6% EUR 3
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 ASELSAN will not pay any corporate taxes till the end of 2023 due to tax incentives on R&D activities. R&D Spending Million TL Milyon TL Externally-Funded R&D Internally-Funded R&D 3.500 2.975 3.000 316 2.500 1.675 2.163 2.121 2.000 289 283 912 1.675 1.500 1.243 312
Slide 13: APPENDIX
APPENDIX 13
Slide 14: Consolidated Balance Sheet (Million TL)
Consolidated Balance Sheet (Million TL) Assets Liabilities (Milllion TL) 31.12.2019 30.09.2020 (Milllion TL) 31.12.2019 30.09.2020 CURRENT ASSETS 13.976 15.702 CURRENT LIABILITIES 7.744 8.178 Cash and Cash Equivalents 3.514 1.941 Short-term Financial Liabilities 2.224 2.024 Trade Receivables 3.885 5
Slide 15: Income Statement
Income Statement Consolidated Income Statement (Million TL) (Milllion TL) 30.09.2019 30.09.2020 PROFIT OR LOSS Revenue 7.648 8.423 Cost of sales (-) (5.798) (6.183) GROSS PROFIT 1.850 2.240 General administrative expenses (-) (239) (286) Marketing expenses (-) (129) (170) Research and development ex
Slide 16: 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 17: Address
Address ASELSAN Elektronik Sanayi ve Ticaret A.Ş. Mehmet Akif Ersoy Mah. 296. Cad. No:16 06200 Yenimahalle, Ankara Telephone +90 850 828 1 828 E-Mail aselsan.ir@aselsan.com.tr 17