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11
SABANCI HOLDING SABANCI HOLDING
ANNUAL INFORMATION ANNUAL INFORMATION SHARING MEETINGSHARING MEETING
2323rdrd of February, 2007 of February, 2007
2222
Expectations for 2007
5.4
393
5387
11.58
9.65
1.4056
1.4270
1.8515
1.3172
-1.0
18.41
21.47
-8.0
5.0
430
5817
8.5
7.5
1.5800
1.5560
2.0699
1.30
-3.0
19.6
17.7
-7.1
Real Growth (%)
GNP (USD billion)
Per Capita GNP (USD)
PPI (%, end of year)
CPI (%, end of year)
USD/YTL end of year
USD/YTL average
EUR/YTL end of year
EUR/USD parity
Budget Deficit/GNP (%)
Bond interest – average (%)
Bond interest – end of year (%)
Current account/GNP (%)
2007(E)
2006(E)
33
AgendaAgenda
• Market Opportunities
• Management Approach
• Review of 2006
• Financial Results
• Fundamental Growth Aspects
4444
Sabancı Focused on Industries with High Growth Potential
IndustryIndustry SampleSampleIndicatorIndicator USAUSA
WesterWesternn
EuropeEuropeTurkeyTurkey
BankingBanking Mortgage Loans (Billion Mortgage Loans (Billion $)$) 7,5687,568 4,4464,446 RecentlyRecently
InitiatedInitiated
RetailSales in non-food retail
stores (Billion $) 1,563 1,226 46
EnergyEnergy Electricity Consumption Electricity Consumption per capita (KwH)per capita (KwH) 534534 468468 145145
CementCement Consumption
per capita (kg) 1,200 600
Source: Economist Intelligence Unit, Euromonitor
55
AgendaAgenda
• Market Opportunities
• Management Approach
• Review of 2006
• Financial Results
• Fundamental Growth Aspects
66
Sabancı Vision and Values
Creating sustainable advantage through differentiation
Managing a competitive strategic portfolio with sustainable growth potential to create value for all of our stakeholders
1) Responsibility and Transparency2) Creativity
3) Participating
4) Strategic Approach
Vision:
Mission:
Management Values:
77
We will Optimize Growth Opportunities by Utilizing Our Groups Mutual Strengths via Management
Platforms
Innovation Ability to offer our customers with creative solutions ahead of our competitors
Strategy Planning Realization of long to medium turn strategy and business plans
Business Excellence Systematic improvement for better performance
Technology Management Become leader in customer focused technologies
Information Management Result oriented information sharing and technology management
Human Resources Strategic leadership and organizational transformation model
Business Ethics Honesty and truthfulness in all business processes and relations
Environment Exhaustive environment management
88
Sabancı Companies Give High Priority to Matters Regarding Environment
ENVIRONMENT GROUP:
Holding and Companies Work Together:
Our Companies invest around €6.6 million annually for environment related issues:
16 companies, 24 members
Pre-screening: Pro-active participation in EU conformity process
Current Inventory: Identification current situation for each company
Projects: Waste recycling within the Group
Clean Production (Around €1 million spent each year for emission reduction)
Life cycle (€3.5 million yearly for waste water and hard waste management)
Selection of environment friendly technologiesRecyclingPrevention of pollutionEfficient usage of natural resources
99
Our Sensitivity to Environment has been Awarded:
10 of our companies have a ISO 14001 ÇYS document:Akçansa (BÇ/Ç) TemsaBeksa Çimsa (M)Brisa PhilsaKordsa YünsaMarsa
8 of our facilities received an environment award:Akçansa MarsaBrisa Oysa (Niğde)Kordsa KarçimsaDönkasan Philsa
1010
AgendaAgenda
• Market Opportunities
• Management Approach
• Review of 2006
• Financial Results
• Fundamental Growth Aspects
1111
Enerjisa acquired Tufanbeyli coal reserves in May.
Enerjisa bought the right to acquire Horasan (Erzurum) coal reserves in June.
Akçansa initiated capacity expansion investment program in its Çanakkale plant in June.
Carrefoursa completed merger with Gima in August.
Enerjisa acquired Ser Energy in August.
Highlights of 2006 (I)JAN
FEB
MAR
APR
MAY
JUNE
JULY
AUG
SEPT
OCT
NOV
DEC
2007
1212
Akbank signed an agreement to sell 20% of its shares to Citigroup in October.
Advansa sold its PET and PTA businesses to Spanish company called La Seda De Barcelona for €320 million in October.
Teknosa acquired majority shares of Romanian retail chain Primex.
Gıdasa decided to exit out of white meat market in October.
Temsa signed required agreements to found a new production facility in Egypt in November.
Çimsa broke ground for capacity expansion investment in its Eskişehir plant in November.
Highlights of 2006 (II)JAN
FEB
MAR
APR
MAY
JUNE
JULY
AUG
SEPT
OCT
NOV
DEC
2007
1313
Oysa decided to end our partnership with OYAK.
Yünsa agreed on acquiring Uptown retail chain in November.
Kordsa Global acquired a Chinese company called Qingdao Nylon Enterprise Limited in October.
Kordsa Global signed an LOI to acquire majority shares of an Indonesian company called Branta Mulia in December.
Enerjisa signed a cooperation agreement with Austrian utility company Verbund in December.
Highlights of 2006 (III)JAN
FEB
MAR
APR
MAY
JUNE
JULY
AUG
SEPT
OCT
NOV
DEC
2007
1414
2.000
3.000
4.000
5.000
6.000
7.000
8.000
9.000
10.000
11.000
2 O
ca 2
006
12 O
ca 2
006
22 O
ca 2
006
1 Ş
ub 2
006
11 Ş
ub 2
006
21 Ş
ub 2
006
3 M
ar 2
006
13 M
ar 2
006
23 M
ar 2
006
2 N
is 2
006
12 N
is 2
006
22 N
is 2
006
2 M
ay 2
006
12 M
ay 2
006
22 M
ay 2
006
1 H
az 2
006
11 H
az 2
006
21 H
az 2
006
1 Te
m 2
006
11 T
em 2
006
21 T
em 2
006
31 T
em 2
006
10 A
ğu 2
006
20 A
ğu 2
006
30 A
ğu 2
006
9 E
yl 2
006
19 E
yl 2
006
29 E
yl 2
006
9 E
ki 2
006
19 E
ki 2
006
29 E
ki 2
006
8 K
as 2
006
18 K
as 2
006
28 K
as 2
006
8 A
ra 2
006
18 A
ra 2
006
28 A
ra 2
006
7 O
ca 2
007
17 O
ca 2
007
27 O
ca 2
007
6 Ş
ub 2
007
16 Ş
ub 2
007
PERFORMANCE OF SABANCI HOLDING STOCKPERFORMANCE OF SABANCI HOLDING STOCK
$ million, Market Cap.Jan. 2nd, 2006 – Feb. 21st, 2007
$7,706
1515
50
100
150
2 O
ca 2
006
12 O
ca 2
006
22 O
ca 2
006
1 Ş
ub 2
006
11 Ş
ub 2
006
21 Ş
ub 2
006
3 M
ar 2
006
13 M
ar 2
006
23 M
ar 2
006
2 N
is 2
006
12 N
is 2
006
22 N
is 2
006
2 M
ay 2
006
12 M
ay 2
006
22 M
ay 2
006
1 H
az 2
006
11 H
az 2
006
21 H
az 2
006
1 Te
m 2
006
11 T
em 2
006
21 T
em 2
006
31 T
em 2
006
10 A
ğu 2
006
20 A
ğu 2
006
30 A
ğu 2
006
9 E
yl 2
006
19 E
yl 2
006
29 E
yl 2
006
9 E
ki 2
006
19 E
ki 2
006
29 E
ki 2
006
8 K
as 2
006
18 K
as 2
006
28 K
as 2
006
8 A
ra 2
006
18 A
ra 2
006
28 A
ra 2
006
7 O
ca 2
007
17 O
ca 2
007
27 O
ca 2
007
6 Ş
ub 2
007
16 Ş
ub 2
007
COMPARATIVE PERFORMANCE OF SABANCI COMPARATIVE PERFORMANCE OF SABANCI HOLDING STOCKHOLDING STOCK
(Jan. 2nd, 2006 – Feb. 21st, 2007)• SABANCI HOLDING• ISE Index
1616
AgendaAgenda
• Market Opportunities
• Management Approach
• Review of 2006
• Financial Results
• Fundamental Growth Aspects
1717
In 2006, Consolidated Net Revenue is expected to grow by 21%
6,3 7,1 8,610,1
5,7 6,9
8,4
9,9
2004 2005 2006LE 2007B
17
20
14
(Billion YTL)
%17
%21
%13
%21
%22
%21
%18
%18
%17
FINANCIAL
SERVICES
NON-FINANCE
2004-2007 CAGR: 19%
12
1818
In 2006, Operational Income for Non-Finance Companies is expected to increase by 21%
700
850
1000
500
(Million YTL)
%40
%21
%18
2004-2007 CAGR: 26%
OTHER
ENERGY
CHEMICALS
TEXTILES
FOOD & RETAIL
CEMENT
AUTO, TIRES & TIRE REINFORC.
1919
Operational Income* for Financial Companies is expected to have increased annually by 12% since 2004
1919
2004 2005 2006
2.22.0
* Bank : Income Before Tax + Amortization* Insurance: Income Before Tax – Interest Income – Dividend + Amortization
1.6
(Billion YTL)
%38
%-92004-2006 CAGR: 12%
2020
In 2006, Exports are expected to reach $1.2 million
1.1001.200
1.3001.3001.400
1.700
2005 2006LE 2007B
(Million USD)
%8
%9%9
%21
%8%8
Exports: 2004-2007 CAGR: 6%Exports: 2004-2007 CAGR: 6%
2121
Planned Investment for 2007 is estimated to increase by 50%
600
900
550
(Million USD)
%9
%50
2005-2007 CAGR: 28%
OTHER
ENERGY
TEXTILES
CEMENT
CHEMICALS
TIRE, AUTO & TIRE Reinf.
RETAIL
FINANCIAL SERVICES
2222
Number of Personnel Continues to Increase in Line with our Growth
44.600
46.600
52.000
%5
%12
2323
AgendaAgenda
• Market Opportunities
• Management Approach
• Review of 2006
• Financial Results
• Fundamental Growth Aspects
2424
In 2007,
Our Energy Group along with Verbund will maintain its aggressive growth through acquisitions
Integration of our 2006 investments and acquisitions will be prioritized
2525
In 2007, We will Continue to Create Value for All of
Our Stakeholders
Thank Thank YouYou