Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B · BIST:ASELS
Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B — Aselsan — Investor Presentation (August 2023)
19 slides from Aselsan Elektronik Sanayi Ve Ticaret A.s. Class B's investor presentation, August 2023
Slide 1: Investor Presentation August 2023
Investor Presentation August 2023
Slide 2: Türkiye and ASELSAN's Place in Global Defense
Türkiye and ASELSAN’s Place in Global Defense 2022 Top 10 Defence Spenders and Military Spending of Türkiye Türkiye (5 year averages) (Billion $) (Billion $) United States of… 877 18,00 China 292 16,00 Russia 86 14,00 India 81 12,00 Saudi Arabia 75 10,00 United Kingdom 68 8,00 Germany 56 6,00 France
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 Industry Agency Free Flo
Slide 4: Field of Activities
Field of Activities TRANSPORTATION, COMMUNICATION MICROELECTRONICS SECURITY, ENERGY, RADAR, ELECTRONIC DEFENSE SYSTEMS INFORMATION GUIDANCE and ELECTRO- AUTOMATION and WARFARE TECHNOLOGIES TECHNOLOGIES OPTICS HEALTHCARE Avionic Systems Military Communications Radar Systems Air & Missile Defense Secu
Slide 5: Our Affiliates
| Our Affiliates Mikroelektronik (istanbul) Ownership: %85 Foundation: 2004, (participation 2010) Assets (Million USD): 3 Partner: ITU ETA Vakfi DASAL (istanbul) Ownership: %49 Foundation: 2019, (participation 2020) Assets (Million USD): 6,8 Partner: Altinay A.S. ifTU (istanbul) Ownership: %44 Found
Slide 6: Our Affiliates
| Our Affiliates MACEDONIA BRANCH(1) Ownership: %100 Foundation: 2014 Assets (Million USD): 5,5 ASELSAN UKRAINE(2) Ownershi 100 Foundation: 2020 Assets (Million USD): 0,4 ASELSAN BAKU(3) Ownership: %100 Foundation: 1998 Assets (Million USD): 9 ASELSAN KIBRIS Foundation: 2018 Assets (Million USD): 0,
Slide 7: Human Resources
Human Resources Talent Management Total Employees : 10.026 University-Industry Cooperation Engineers : 6.213 Location and Fringe Benefits Back to Türkiye Project 6% 3% Administrative Projects Carried Out with Universities Support 29% Technicians Internship and Co-op Opportunities for High school and
Slide 8: Domestic Sales and Exports
Domestic Sales and Exports MI LLI ON TL Domestic Sales Exports 36.000 35.282 33.000 6.197 30.000 75% 27.000 24.000 25% 20.139 21.000 18.067 2.243 18.000 24% 16.104 2.196 15.000 44% 13.013 1.540 29.085 12.000 1.574 66% 9.009 9.000 17.896 41% 5.412 889 15.871 41% 14.564 6.000 3.850 784 11.439 2.535 8%
Slide 9: 2023 1st Half Financial Highlights
2023 1st Half Financial Highlights New Backlog Revenue Increase in EBITDA Contracts EBITDA Margin 1.159 Million 8.394 Million 18.067 Million USD USD TL 62% 24% Financial Highlights (Million TL) June'22 June'23 ∆% Net Sales 10.841 18.067 67 Gross Profit 3.419 5.757 68 Gross Profit Margin %32 %32 Oper
Slide 10: Our Backlog
Our Backlog Backlog History (Billion USD) $9,7 $9,5 $8,5 $8,2 $8,4 2019 2020 2021 2022 2023 1H New Contract Awards (Million USD) 3.043 2.022 1.604 1.279 1.159 2019 2020 2021 2022 2023 1H >300 942 - 312 0 50-300 1.206 426 767 381 953 <50 895 853 943 1223 206 10
Slide 11: Our Backlog
Our Backlog Ministry of National Defense 3,6% ASFAT STM TAI Other ROKETSAN 10,9% BMC 6,3% 16,7% Europe and Americas 2,7% Caspian Region Export 3,3% Africa 12,6% 1,7% Defence Industry Agency 49,9% Middle East and Asia 4,9% EUR Non- TRY 13% Defense Defense 20% 94% EUR 6% 35% Backlog Cost Backlog Distr
Slide 12: The Biggest R&D Spender in Türkiye
The Biggest R&D Spender in Türkiye The incentive periods provided for Technology Development Zones and R&D design centers have been extended from 31.12.2023 to 31.12.2028. R&D Spending Million TL Milyon TL Externally-Funded R&D Internally-Funded R&D 9.995 10.000 1.853 8.000 6.317 5.615 6.000 912 1.1
Slide 13: 2023 Guidance
2023 Guidance Net Sales EBITDA Margin CAPEX >65% (*) > 24 % 10 Billion TL (*) Revised as of 15.08.2023. 13
Slide 14: Our Strong Environment Performance
Our Strong Environment Performance Our Success in Climate Change We maintained our Climate Change success by scoring above the global and national average in CDP Climate Change and CDP Water Reports, which we have been involved in for years. Within the framework of our work with the value chain, we
Slide 15: APPENDIX
APPENDIX 15
Slide 16: Consolidated Balance Sheet (Million TL)
Consolidated Balance Sheet (Million TL) Assets Liabilities (Milllion TL) 31.12.2022 30.06.2023 (Milllion TL) 31.12.2022 30.06.2023 CURRENT ASSETS 38.299 43.290 CURRENT LIABILITIES 29.651 35.682 Cash and Cash Equivalents 5.687 1.279 Short-term Financial Liabilities 9.764 12.870 Trade Receivables 14.8
Slide 17: Income Statement
Income Statement Consolidated Income Statement (Million TL) (Milllion TL) 30.06.2022 30.06.2023 PROFIT OR LOSS Revenue 10.841 18.067 Cost of sales (-) (7.422) (12.310) GROSS PROFIT 3.419 5.757 General administrative expenses (-) (433) (914) Marketing expenses (-) (287) (358) Research and development
Slide 18: 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 19: Address
Address ASELSAN Elektronik Sanayi ve Ticaret A.Ş. Mehmet Akif Ersoy Mah. İstiklal Marşı Cad. No:16 06200 Yenimahalle, Ankara Telephone +90 850 828 1 828 E-Mail aselsan.ir@aselsan.com.tr Web Site www.aselsan.com.tr/en/investor-relations 19