Shamal Az-zour Al-oula Power And Water Company · KSE:AZNOULA
Shamal Az-zour Al-oula Power And Water — Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P. — FY2020 Earnings Presentation
13 slides from Shamal Az-zour Al-oula Power And Water's earnings presentation, Mar 15, 2021
Slide 1: Shamal Az-Zour Al-Oula KSCP FY 2020 Earnings Webcast
Shamal Az-Zour Al-Oula KSCP FY 2020 Earnings Webcast March 15, 2021 1 © 2020, Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P
Slide 2: Disclaimer
DISCLAIMER This con dential document is provided for informational purposes only. THE INFORMATION SET OUT IN THIS PRESENTATION AND PROVIDED IN THE DISCUSSION SUBSEQUENT THERETO DOES NOT CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES IN ANY JURISDICTION. IT IS SOLELY FOR US
Slide 3: Agenda
AGENDA Introducing Shamal Az-Zour FY2020 Highlights Key Events Questions and Answers © 2021, Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P. 3
Slide 4: Board & Management
BOARD & MANAGEMENT Board of Directors Ownership Structure Public 50% AZOH 40% Chairman Vice Chairman Director & CEO Director Director Alex Katon Andrew Paul Ghazi Laurent Furred Frain Abdulrahman PIFSS AlSanie 5% KIA Management Team 5% AZOH: Azour North One Holding Company is a private entity owned
Slide 5: Our Business
OUR BUSINESS Timeline December, 2013 Signing ceremony between the consortium and Kuwait Minister of Energy and Water, successfully concluding Kuwait’s first PPP RFP process. Construction commences. November, 2016 Construction completed, started commercial operation (on schedule and on budget). Septe
Slide 6: Our Business
OUR BUSINESS Production Capacity Customer 10% The plant supplies about 20% The plant supplies about Production supplied entirely to 10% of Kuwait’s installed 20% of Kuwait’s water the national power and water power capacity. desalination capacity. grid operated by the Kuwait Ministry of Electricity
Slide 7: Our Plant
OUR PLANT Location Power Plant Net production: 1,539.2 MW in net contracted power capacity. Generated by five General Electric GTG 9F-3 turbines generating 225.8 MW each and two General Electric STG D1 turbines generating 251 MW each. Fuel: Natural gas is the main fuel, supplied by a blend of local
Slide 8: FY2020 Highlights: P&L
FY2020 HIGHLIGHTS: P&L KWD MILLIONS 4Q20 4Q19 % Diff FY20 FY19 % Diff Revenue 12.8 12.8 0.0 51.4 51.1 0.6% Operating Costs 4.4 3.9 12.8% 15.6 14.8 5.6% Gross Profit 8.4 8.9 -5.6% 35.8 36.3 -1.4% EBITDA 8.0 8.4 -4.8% 34.1 35.0 -2.7% Net Profit 2.7 2.9 -6.9% 12.3 12.3 -0.3% • Revenue was in line with
Slide 9: Summary of Q4 Results
SUMMARY OF Q4 RESULTS The results are in line with the previous year and with management expectations. Some logistical challenges have been encountered and Covid-19 has impacted the operations of the plant. However the financial results have not been significantly affected. © 2021, Shamal Az-Zour Al
Slide 10: Key Events
KEY EVENTS Covid-19 has had minimal impact on the Company. The pandemic has affected the operations at site and significant changes to working practices have had to be implemented. This has resulted in disruption to our employees lives and caused hardship. However we are pleased to be able to say th
Slide 11: Key Events
KEY EVENTS There has been recent press speculation concerning the effect of Covid-19 and the low oil price on the ability of Kuwait to pay its obligations. We have a close working relationship with the Ministry of Electricity and Water (MEW) and we can confirm that they continue to settle our invoic
Slide 12: Questions and Answers
QUESTIONS AND ANSWERS © 2021, Shamal Az-Zour Al-Oula Power and Water Company K.S.C.P.
Slide 13: Investor Relations Contact
Investor Relations Contact: Ali Abdulsalam Compliance Officer and Investor Relations Manager IR@aznoula.com aznoula.com
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