S.n.t.g.n. Transgaz Sa · BVB:TGN
S.n.t.g.n. Transgaz Sa — Investor Presentation (September 2023)
33 slides from S.n.t.g.n. Transgaz Sa's investor presentation, Sep 30, 2023
Slide 1: Company Presentation: A Responsible Company, a Company of the Future
COMPANY PRESENTATION 2023 A RESPONSIBLE COMPANY, A COMPANY OF THE FUTURE! updated 30.09.2023
Slide 2: Message from Director General Ion Sterian
ION STERIAN - DIRECTOR GENERAL SNTGN TRANSGAZ is the licensed technical operator of the National Natural Gas Transmission System and ensures the performance in terms of efficiency, transparency, safety, non-discriminatory access and competitiveness of the national strategy established for domestic a
Slide 3: History
7 April 2022 - the signing, by 16 March 2023 - signing by 2018 – the procurement of the Transgaz, together with the SNTGN Transgaz SA, OMV- HISTORY State Enterprise Hungarian, Polish and Slovak Petrom SA and SNGN Vestmoldtransgaz in the Gas Transmission and System Romgaz SA of the Ceremonial Republi
Slide 4: Vision, Mission, Activities
VISION, MISSION, ACTIVITIES VISION AND MISSION! VISION The company intends to become an internationally recognized gas ACTIVITIES transmission operator, a leader on the energy market in the region, with a modern national gas transmission system, integrated at European level and a Transgaz was establ
Slide 5: Shareholding
COMPETITIVE AND EFFICIENT MANAGEMENT, CORPORATE GOVERNANCE! Shareholding structure on 29 December 2022 SHAREHOLDING 31,2048% 58,5097% Transgaz is the second major state- owned company in the utilities sector 10,2855% which, in order to achieve its strategic objectives, launched an initial public The
Slide 6: TGN Evolution at the Bucharest Stock Exchange 31.12.2022
TGN EVOLUTION AT THE BUCHAREST STOCK EXCHANGE 31.12.2022 3.244 2.779 561 656 Market capitalization (mil LEI) Market capitalization (mil Euro) 30.12.2021 30.12.2022 Average closing price of TGN share 385,28 366,36 334,32 296,06 286,84 279,35 266,83 253,69 274,21 214,11 208,22 218,80 184,56 123,57 159
Slide 7: TGN Evolution at the Bucharest Stock Exchange 30.09.2023
TGN EVOLUTION AT THE BUCHAREST STOCK EXCHANGE 30.09.2023 3.609 2.749 726 556 Market Capitalization - mil. LEI Market Capitalization - mil. EURO 29.09.2023 30.09.2022 21,03 19,66 19,50 19,16 18,09 17,64 18,32 15,40 16,60 January February March April May June July August September Close price TGN 2023
Slide 8: Corporate Governance
CORPORATE GOVERNANCE TRANSGAZ has, since 2010, adopted corporate governance principles and developed responsible and transparent business practices governed by: ▪ Responsibility and mutual respect; ▪ Transparency; The governing bodies of TRANSGAZ are: ▪ Ethics and integrity; ▪ General meeting of sha
Slide 9: A Responsible Company, a Company of the Future
SOCIAL RESPONSIBILITY IS NOT JUST A VISION, IT IS A DEFINITE MISSION, A WAY OF DOING BUSINESS AND SUPPORTING SOCIAL COHESION! • Sustainable community development- We are where there is a real need! In the last 5 years, the amount granted for CSR actions was 20.4 million lei. • Education - We believe
Slide 10: Certifications
CERTIFICATIONS INDEPENDENT SYSTEM OPERATOR Internal/management CONTROL Transgaz has implemented the internal/managerial control system in accordance with GSG Order no. 600/2018 on the approval of the internal/managerial control code of public entities. In accordance with the unbundling requirements
Slide 11: Organisational Structure
ORGANISATIONAL STRUCTURE TRANSGAZ is structured into functional entities (divisions, units, departments, offices, compartments, etc.) and production entities (9 regional operating centers, sectors, laboratories, workshops, etc.). Subsidiaries of SNTGN TRANSGAZ SA in the Republic of Moldova: ▪ Limite
Slide 12: Human Resources
HUMAN RESOURCES Special emphasis on the quality of human resources Evolution of personnel number The optimal sizing of the number of personnel within the company is 4.405 correlated with the real staffing needs imposed by the operational activities carried out by the company, with the upgrading and
Slide 13: Effective Research and Design Capabilities
EFFECTIVE RESEARCH AND DESIGN CAPABILITIES Research and design includes highly complex strategic activities aimed at: ▪ Rehabilitation and upgrading of the natural gas transmission system to increase safety; ▪ Increasing energy efficiency; 154 ▪ Metering of natural gas flows; ▪ Environmental and lab
Slide 14: Main Components of the National Gas Transmission System
MAIN COMPONENTS OF THE NATIONAL GAS TRANSMISSION SYSTEM ❑ 13.942 km main transmission pipelines and connections for gas supply, of which CURRENT NTS INFRASTRUCTURE 183,5 km international gas transmission pipelines and 481 km the BRUA pipeline; ❑ 1.155 gas metering stations (1.261 metering directions
Slide 15: Main Business Drivers (1)
Main business drivers (1) NTS CIRCULATED AND TRANSMITED GAS AND GAS CONSUMPTION Circulated and transmitted gas in 2017-2022- bcm 14,1 14,03 13,3 13,1 13,0 13,1 13,0 13,23 12,9 12,46 13,03 12,38 2017 2018 2019 2020 2021 2022 Circulated gas - bcm Transmitted gas - bcm 0,73% 0,62% 0,49% 0,56% 0,50% 0,5
Slide 16: Main Business Drivers (2)
Main business drivers (2) NATURAL GAS VOLUMES CIRCULATED – 30.09.2023 Natural gas volumes circulated (including storage quantities) - mil.cm - rolling 12 months 13.203 13.106 13.193 13.081 13.035 13.092 12.898 12.917 12.993 12.981 12.975 12.763 Oct.22 Noi. 22 Dec. 22 Jan. 23 Feb. 23 Mar. 23 Apr. 23
Slide 17: Main Business Drivers (3)
Main business drivers (3) NATURAL GAS AQUISITION PRICE AND NTS GAS CONSUMPTION – 30.09.2023 Natural gas aquisition price for technological consumption (RON/MWH) 251,15 252,59 254,75 246,80 243,38 190,96 186,56 200,01 150,60 155,55 182,93 92,75 Oct. 22 Nov. 22 Dec. 22 Jan. 23 Feb. 23 Mar. 23 Apr. 23
Slide 18: Strategic Objectives 2021-2025
STRATEGIC OBJECTIVES 2021-2025 As a gas transmission system operator certified according to the Third Energy Package, of July 2010 TRANSGAZ is member of ENTSOG Continuity of the activity and ensuring safety and security of gas supply (The European network of Gas transmission system operators), Incre
Slide 19: Strategic Objectives 2021-2025: Hydrogen
STRATEGIC OBJECTIVES 2021-2025 The company's overall objectives in this area for the period 2021 to 2025 are as SNTGN Transgaz SA, as operator of the National Gas Transmission follows: System (NTS), is interested in the potential of integrating hydrogen from ▪ Development of the research work on the
Slide 20: 2022-2031 Strategic Investments Plan
2022-2031 STRATEGIC INVESTMENTS PLAN MAJOR PROJECTS BENEFITS ▪ integration of the natural gas market and interoperability of natural gas transmission systems in the region; ▪ increasing the flexibility of the European gas transmission system by bidirectional interconnections; ▪ opening the access of
Slide 21: Major Development Projects 2022-2031 (I)
MAJOR DEVELOPMENT PROJECTS 2022-2031 - revised 2023 (I) Estimated Completion Project No. Project value Project importance date status mil. Euro Ensuring a natural gas transmission capacity to Hungary of 4.4 bcm/y and 1.5 bcm/y Development on Romania's territory of the National Gas to Bulgaria. 1 Tra
Slide 22: Major Development Projects 2022-2031 (II)
MAJOR DEVELOPMENT PROJECTS 2022-2031 - revised 2023(II) Estimated Completion No. Project value Project importance Project status date mil. Euro EASTRING will be open to well-established sources as well as alternative sources. It will Phase 1: 1,297 Phase 1: 2027 bring gas from new sources from the C
Slide 23: Major Projects Completed in the Last Years
MAJOR PROJECTS COMPLETED IN THE LAST YEARS Value Completion No. Project name Project importance Funding sources (mil. Euro) date DEVELOPMENT ON THE ROMANIAN TERRITORY OF THE NATIONAL GAS TRANSMISSION SYSTEM ON THE BULGARIA – ROMANIA – Own funds -20% Ensuring technical possibilities for bi-directiona
Slide 24: Other Major Projects Completed (NTS Extension)
OTHER MAJOR PROJECTS COMPLETED IN THE LAST YEARS (NTS EXTENSION) Project value Completion No. Project Project importance (million LEI) year This pipeline section can ensure gas supply to the 6 TAUs: Cârcea, Malu Mare, Ghindeni, Teasc, Calopăr and DN 500 CRAIOVA – SEGARCEA – BĂILEȘTI – PLENIȚA-CALAFA
Slide 25: Financial Results as at 31.12.2022
FINANCIAL RESULTS AS AT 31.12.2022 STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME AS AT 31.12.2022 CHANGES THOUSAND LEI 2020 2021 2022 2022/2021 Absolute Relative Operating revenue before the balancing and construction activity according to IFRIC12 1,338,015 1,364,950 1,579,284 214,334 16% Revenue f
Slide 26: Financial Results as at 30.09.2023
FINANCIAL RESULTS AS AT 30.09.2023 STATEMENT OF CONSOLIDATED COMPREHENSIVE INCOME AS AT 30.09.2023 CHANGES Consolidated Consolidated THOUSAND LEI 2023/2022 30.09.2023 30.09.2022 Absolute Relative Operating revenue before the balancing and construction activity according to IFRIC12 1,098,884 1,108,71
Slide 27: Financial Results as at 31.12.2022: Financial Standing
FINANCIAL RESULTS AS AT 31.12.2022 STATEMENT OF CONSOLIDATED FINANCIAL STANDING AS AT 31.12.2022 CHANGES 2020 2021 2022 2022/2021 THOUSAND LEI Absolute Relative FIXED ASSETS 6,060,659 6,667,476 6,878,493 211,017 3% CURRENT ASSETS 1,160,990 1,338,671 1,378,648 39,977 3% TOTAL ASSETS 7,221,649 8,006,1
Slide 28: Financial Results as at 30.09.2023: Financial Standing
FINANCIAL RESULTS AS AT 30.09.2023 STATEMENT OF CONSOLIDATED FINANCIAL STANDING AS AT 30.09.2023 CHANGES THOUSAND LEI 30.09.2023 31.12.2022 Absolute Relative FIXED ASSETS 6,989,953 6,878,493 111,460 2% CURRENT ASSETS 1,457,777 1,378,648 79,129 6% TOTAL ASSETS 8,447,730 8,257,141 190,589 2% EQUITY 3,
Slide 29: Financial Results as at 31.12.2022: Main Indicators
FINANCIAL RESULTS AS AT 31.12.2022 2020 2021 2022 MAIN INDICATORS – CONSOLIDATED RESULTS 31.12.2022 EBITDA in total sales 28,03% 28,53% 23,83% EBITDA in total equity 11,03% 12,40% 14,33% Turnover 2020-2022 Gross profit ratio 13,54% 13,67% 17,19% 2.440.916 Return on capital 4,41% 4,56% 8,55% 1.474.07
Slide 30: Financial Results as at 30.09.2023: Main Indicators
FINANCIAL RESULTS AS AT 30.09.2023 9 months 2023 9 months 2022 MAIN INDICATORS – CONSOLIDATED RESULTS 30.09.2023 EBITDA in total sales 23.41% 23.99% EBITDA in total equity 7.63% 10.68% Turnover Gross profit ratio 4.03% 18.68% 30.09.2023 compared to 30.09.2022 Return on capital 0.94% 6.86% 1.775.373
Slide 31: Our Partners
Our partners PARTICIPATION IN NATIONAL AND EUROPEAN ASSOCIATIONS EUROPEAN ASSOCIATIONS NATIONAL ASSOCIATIONS European Hydrogen Backbone 31
Slide 32: Our Partners
Our partners MAIN INTERNAL AND EXTERNAL PARTNERS MAIN EXTERNAL PARTNERS PRINCIPALII PARTENERI INTERNI 32
Slide 33: Thank you for your kind attention!
www.transgaz.ro Thank you for your kind attention!
SNTGN Transgaz — Investor Presentation (September 2023) on 6ix