Galata Wind Enerji A.s. · BIST:GWIND
Galata Wind Enerji A.s — Investor Presentation (December 2021)
20 slides from Galata Wind Enerji A.s's investor presentation, December 2021
Slide 1: Investor Presentation 2021 Q4 Term
Investor Presentation 2021 Q4 Term 1
Slide 2: Index
Index 1 - TURKEY ENERGY MARKET 2 - OPERATIONAL DATA 3 - FINANCIAL DATA 2
Slide 3: Turkey Energy Market
O| TURKEY ENERGY MARKET GALATAWIND J
Slide 4: Turkey Installed Capacity | January 2022
Turkey Installed Capacity | January 2022 SOLAR FUEL TOOR BOT UNLICENSED 8% 0% PRODUCTION COMPANIES COAL 3% HYDRO 31.498 8% 0% WIND 20% 11% EÜAŞ 67.749 INSTALLED NATURAL GAS 21% 25.307 INSTALLED CAPACITY CAPACITY BY BY ENERGY ENERGY UTILITIES RESOURCES COAL 20.382 32% 25% 68% HYDRO WIND EÜAŞ 21.318 S
Slide 5: Turkey Installed Capacity | January 2021 v January 2022
Turkey Installed Capacity | January 2021 v January 2022 +504 INSTALLED CAPACITY BY ENERGY RESOURCES (MW) January 2021 30.994 31.498 -383 January 2022 25.690 25.307 +60 20.323 20.382 +1.675 +1.075 +586 9.007 10.683 6.806 7.881 -54 3.140 3.725 312 258 HYDRO NATURAL GAS COAL WIND SOLAR GEO/BIO FUEL +2.
Slide 6: Turkey Energy Generation | December 2021
Turkey Energy Generation | December 2021 SOLAR FUEL TOOR BOT WIND 0% UNLICENSED 4% 4% 2% PRODUCTION COMPANIES 9% NATURAL GAS 108.439 EÜAŞ 0% COAL 32% 16% HYDRO 17% 259.211 GENERATION BY ENERGY COAL 104.202 GENERATION BY RESOURCES ENERGY UTILITIES 5% HYDRO GEO/BIO 55.695 WIND 78% GEO/BIO EÜAŞ 31.001
Slide 7: Turkey Energy Generation | 2020 v 2021
Turkey Energy Generation | 2020 v 2021 GENERATION BY ENERGY RESOURCES (GWh) 2020 +37.508 -1.610 2021 108.439 105.812 104.202 -22.399 78.094 70.931 +6.394 55.695 +2.671 +2.331 24.607 31.001 +14 15.053 17.723 11.200 13.530 323 337 NATURAL GAS COAL HYDRO WIND GEO/BIO SOLAR FUEL +28.408 GENERATION BY EN
Slide 8: Turkey Energy Market | Electricity Consumption
Turkey Energy Market | Electricity Consumption +7.7% 329.634 289.980 292.172 303.320 306.109 279.286 257.220 265.724 242.370 246.357 230.306 210.434 190.000 198.085 194.079 174.637 160.794 141.151 150.018 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Slide 9: Electricity Prices
Electricity Prices (TL/MWh) AVG. PRICES: 2020: 278,72 - 2021: 506,41 - 2022F: 1277,36 1.417,4 1.500 2020 1.178,0 2021 1.008,6 1.000 2022 Actual 518,4 557,4 520,9 669,9 831,0 500 402,0 314,6 298,4 311,4 312,2 360,6 297,7 181,2 203,2 296,4 298,7 308,2 295,5 286,9 245,1 291,3 318,7 293,4 0 Jan Feb Mar
Slide 10: Operational Data
O? OPERATIONAL DATA GALATAWIND 9°
Slide 11: Galata Wind Portfolio
Galata Wind Portfolio Çorum SPP (Unlicensed) Taşpınar WPP Activated on March 2021 Şah WPP Mersin WPP Erzurum SPP 13rd Biggest WPP Among first three WPP in Turkey in (Unlicensed) in Turkey terms of efficiency Mersin WPP Şah WPP Taşpınar WPP Çorum SPP Erzurum SPP TOTAL Installed Capacity 62,7 MW 105 M
Slide 12: Operation | Generation
Operation | Generation 800 745 41 14 Mersin WPP 601 147 600 556 514 14 29 2 40 14 Şah WPP 428 437 463 14 386 384 421 Taşpınar WPP 400 326 344 322 317 327 Erzurum SPP 292 299 326 295 193 277 273 Çorum SPP 200 62 222 Total 133 137 138 137 126 183 187 200 109 112 0 2010* 2011 2012 2013 2014 2015 2016 2
Slide 13: Financial Data
OS FINANCIAL DATA GALATAWIND J”
Slide 14: Financial Data | Financial Statements Comparison - 1
Financial Data | Financial Statements Comparison - 1 Net Debt Position (Mn TRY) and Net Debt Position / EBITDA Ratio 500 470 473 2,0 Net Debt Position / EBITDA 400 1,8 Net Debt Position 1,5 300 1,1 1,0 200 0,5 100 0 0,0 31.12.2020 31.12.2021 Some Significant P&L Balances (mn TRY) +205 31.12.2019 31.
Slide 15: Financial Data | Financial Statements Comparison - 2
Financial Data | Financial Statements Comparison - 2 Revenue – Mn TRY Gross Profit – Mn TRY +61% +60% 540 395 335 247 248 173 2019 2020 2021 2019 2020 2021 EBITDA – Mn TRY Net Profit – Mn TRY +62% +9% 428 171 156 264 193 64 2019 2020 2021 2019 2020 2021
Slide 16: Financial Data | Loans
Financial Data | Loans Bank Hypovereinsbank (EKF) TRY Loan-1 TRY Loan-2 Hermes Öncü Investment* Loan Utilization Date 18.08.2017 09.10.2020 13.10.2020 30.06.2021 27.12.2019 Loan Utilization Amount EUR 14,5 mn TRY 120 mn TRY 69.9 mn EUR 20 mn USD 18 mn Remaining Principal Balance1 EUR 9,6 mn TRY 120
Slide 17: Financial Data | Balance Sheet
Financial Data | Balance Sheet ASSETS 31 Dec 2021 31 Dec 2020 Change LIABILITIES 31 Dec 2021 31 Dec 2020 Change Current Assets 389.091 171.495 217.596 Current Liabilities 288.047 302.494 (14.447) Cash and Cash Equivalents 158.919 66.125 92.794 Short Term Borrowings From Bank Borrowings - 105.000 (10
Slide 18: Financial Data | P&L Table
Financial Data | P&L Table 31 Dec 2020 - 31 Dec 2020 - 1 Jan - 1 Jan - 31 Dec 2021 31 Dec 2021 31 Dec 2021 31 Dec 2020 Change (TL) Change (%) Revenue 540.226 335.202 205.024 61% Cost of Sales (-) (145.367) (88.706) 56.661 64% GROSS PROFIT / (LOSS) 394.860 246.496 148.363 60% General Administrative E
Slide 19: Disclaimer
Disclaimer All information contained in this presentation ("Presentation"), which consists of documents and appendices, is provided by Galata Wind Enerji A.Ş. It has been prepared by GWIND to present information, insights and statements about the company (GWIND). The accuracy, adequacy and completen
Slide 20: Thank you!
GALATAWIND Thank you!
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