Cates Elektrik Uretim Anonim Sirketi · BIST:CATES
Cates Elektrik Uretim Anonim Sirketi — Çates Elektrik Üretim A.Ş. — FY2023 Earnings Presentation
21 slides from Cates Elektrik Uretim Anonim Sirketi's earnings presentation, 2024
Slide 1: CATES 2023 Full-Year Results Investor Presentation
CATES 2023 Full-Year Results Investor Presentation
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: Equipment
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) 6.1% YBBO 4.6% 3.8% 7.9% YBBO YBBO CAGR 4,006 7.8 368 3,352 329 5
Slide 10: Market Clearing Price (PTF) and Local Hard Coal AUF (2022 - 2023 / TL)
Market Clearing Price (PTF) and Local Hard Coal AUF (2022 - 2023 / TL) ₺3,851 ₺3,724 ₺3,470 ₺3,438 ₺3,431 ₺3,067 ₺2,803 ₺2,340 ₺2,330 ₺2,384 ₺2,412 ₺2,308 ₺2,250 ₺2,126 ₺2,067 ₺2,075 ₺2,059 ₺1,977 ₺2,007 ₺1,907 ₺2,251 ₺1,831 ₺2,163 ₺2,180 ₺2,193 ₺1,763 ₺1,800 ₺1,671 ₺2,050 ₺2,057 ₺2,059 ₺1,624 nayd
Slide 11: Turkey's Total Electricity Generation by Source in 2023
Turkey’s Total Electricity Generation by Source in 2023 Lignite 0.8% Other Fossil Resources 40,276 GWh 2,714 GWh 12.5% 1.2% Local Hard Coal Renewable Energy 3,972 GWh Sources 135,806 GWh 2023 Gross Total 22.4% Electricity 42.2% Generation Imported Coal 322,139 GWh 72,101 GWh Natural Gas 67,269 GWh 2
Slide 12: Featured in 2023
Featured in 2023 ode UN,Ns me A CATALAGZI THERMAL POWER PLANT
Slide 13: Power Plant Electricity Generation
Power Plant Electricity Generation Gross Generation (GWh) +53% +9% 2,033 1,867 1,219 +74% +15% 554 482 277 2021 2022 2023 2021-4Q 2022-4Q 2023-4Q 13
Slide 14: Summary Financials
Summary Financials Revenues (TLmn) Gross Profit (TLmn) 6,415 21.2% Brüt Kar (Mn. TL) 15.8% -17% 5,296 1,360 -38% 838 Gross Profit 2022 2023 2022 2023 Margin EBITDA (TLmn) Net Profit (TLmn) 31.5% FAVÖK (Mn. TL) 31.7% 39.6% Net Kar (Mn. TL) 28.7% 2,020 2,537 -17% 1,678 -40% 1,521 %15,0 %8,8 Net Profit
Slide 15: Summary Financials
Summary Financials Cash and Cash Equivalents (TLmn) Net Working Capital (TLmn) Nakit ve Nakit Benzerleri 11.3% 10.3% Net İşletme Sermayesi (Mn. TL) 722 1,144 -24% 546 2,694% 41 2022 2023 2022 2023 NWC/Revenue Net Financial Debt (TLmn) Earnings per Share (TL) 1.8x 0.0x Net Borç Hisse Başı Kazanç (Kay
Slide 16: Annexes
Annexes ee Wee A CATALAGZI THERMAL POWER PLANT
Slide 17: Summary Consolidated Tables (TFRS)
Summary Consolidated Tables (TFRS) Summary Statement of Financial Summary of Profit or Loss Statement December 31, December 31, December 31, 2023 December 31, 2022 Position (TL mn) (TL mn) 2023 2022 Current Assets 2,173 1,381 Revenue 5,296 6,415 Non-Current Assets 9,001 10,926 Cost of Sales (4,458)
Slide 18: Annex 1 - Developments – Subsequent Period
Annex 1 - Developments – Subsequent Period ✓ In 2023, our Company broke the highest electricity generation record of the last 16 years by realizing 2,033 GWh gross generation. An annual minimum 500 thousand tons of coal supply contract was signed between our Company and Turkiye Hard Coal Enterprise
Slide 19: Contact
Contact Investor Relations Headquarters Hüseyin Konur Şahinler Mahallesi Şahinler (Küme Evler) Yatağan Termik Investor Relations Executive & Corporate Governance Santrali Sitesi No: 259/1 Yatağan/Muğla Committee Member https://www.cates.com.tr/en Tel : +90 372 264 30 50 investorrelations@cates.com.t
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: ÇATES 2023 Full-Year Results Investor Presentation
ÇATES 2023 Full-Year Results Investor Presentation 21
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