usd 9 billion - enka İnşaat ve sanayi a.Ş. · pdf file2002 – turkeyboo projects...
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57 Years of Construction Experience Worldwide
A Group of Companies Composed of More Than 50 Subsidiaries Operating in 6 Major Geographical Areas:CIS, Asia, Middle East, Europe, Africa & Turkey
Successfully Completed 465 Projects in 45 Countries, with Historical Value of US$ 38 Billion
Traded Publicly in Istanbul Stock Exchange, Market CapUSD 9 Billion
INTRODUCTION
2
With a Solid Background of57 Years ENKA Operates in4 Main Segments
Engineering & Construction Energy Real Estate Trade & Manufacturing
CAPABILITIES & OPERATIONS
3
1957 Founded as a Limited Liability Partenership as ark Tara & Sadi Glelik ENKA Limited irketi
1962 Focused on Design, Engineering and Construction Activities of Industrial Plants, Buildings and Infrastructure
1967 The Partnership Was Transformed into a Joint Stock Company asENKA NAAT VE SANAY A..
1972 ENKA Holding was Established
1972 First International Contract (Benghazi Cement Factory in Libya) and then 4 More Cement Factory Projects in Libya
1973 First Power Plant (150 MW Tunbilek Thermal Power Plant) in Turkey
1973 Diversification of Activities and Specialized Subsidiary Companies
MILESTONES
4
1983 ENKA Sports, Education and Culture Foundation and Sadi Glelik Sports Center Establishments
1984 First Natural Gas Combined Cycle Power Plant in Turkey 600 MW Trakya CCCP
1986 Multinational Joint Ventures
1986 Outstanding Achievements with Fast-Track Projects in Libya, Russia and Former Soviet Union Countries as well as in Turkey as a General Contractor
1992 Establishment of Development Companies in Moscow
1993 Primary Oil Services Contracts in Kazakhstan Oil Fields
1997 Development of Shopping Malls and Retail Business in Moscow
MILESTONES (Cont'd)
5
2000 Power Generation as Independent Power Producer (IPP)
2001 Certified by BSI for ISO 9001 Quality Management System
2002 Merged with Enka Holding, Enka naat ve Sanayi A.. As Principal
2002 Certified by BSI for ISO 14001 Environmental Management Systemand OHSAS 18001 Occupational Health and Safety Management System
2002 Turkey BOO Projects Have Been Accomplished by the ENKA BECHTELJoint Venture
2003 The US New Embassy Compounds Construction Started in West AfricaCountries : Cameroon, Guinea, Mali and Sierra Leone
2004 790 MW Rijinmond Natural Gas Fired CCPP Has Been Completed in 22Months by the ENKA BECHTEL Joint Venture in The Netherlands
2008- ENKA as a Main Contractor Awarded 400 MW Yajva State Distrcit PowerPlant EPC Project in Russia
2009 Completion of Sheremetyevo Airport Terminal 3 in Moscow
MILESTONES (Cont'd)
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2010ENKA Set a New World Record For Power Plant Availability(with 99,8% which is 7% Over the Industry Average) over The 12-Month Period with GE 9 FA Gas Turbines
2011First Contract Awarded in Continent America New US EmbassyCompound in Santa Domingo, Dominican Republic
2011Development and Completion of the Design and Building of TheMuscat International Airport (Main Contract 3) started in Sultanate ofOman
2011ENKAs Re-entry into Iraq Oil & Gas Market by Winning theContract for The MEI Works of Early Production Facility in Majnoon OilField.
2011First Contract Awarded in Continent Australia New US EmbassyCompound in Papua New Guinea
2012First Contract Awarded in Northern Iraq after Two DecadesErbil Combined Cycle Power Plant Conversion Project
MILESTONES (Cont'd)
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The Following Vision and Values Define What is Meant to be ENKA.
- Excellence
- Innovation
- Speed
- Safety
- Being a Good Member of the Community
- Its People
VISION AND VALUES
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As of June 19, 2014
SHAREHOLDER STRUCTURE
50,08%
5,88%
12,59%
31,45%
TARA FAMILY
ENKA FOUNDATION
FREE FLOAT
GLELK FAMILY
9
( Million USD ) 2014 (2Q) 2013 2012 2011
TOTAL ASSETS 8.758 8.471 8.238 7.460
TOTAL EQUITY 5.769 5.597 5.099 4.533
CASH & MARKETABLE SECURITIES 2.850 2.752 2.707 2.164
REVENUE 2.969 6.547 5.746 5.037
EBITDA 414 1.032 708 857
EBITDA MARGIN % 14,0 15,8 12,3 17,0
NET PROFIT 355 656 628 509
NET MARGIN % 12,0 10,0 10,9 10,1
CONSOLIDATED FINANCIAL HIGHLIGHTS
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2014 (2Q) 2013 2012
( Million USD ) USD % USD % USD %
CONSTRUCTION 1.075 34,7 2.550 38,9 1.384 24,1
POWER GENERATION 1.617 57,3 3.284 50,2 3.653 63,6
REAL ESTATE 243 8,1 478 7,3 442 7,7
TRADE & MANUFACTURING 192 5,5 447 6,8 395 6,9
ELIMINATION (158) (5,6) (212) (3,2) (128) (2,3)
TOTAL 2.969 100 6.547 100 5.746 100
REVENUES BY BUSINESS LINES
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EBITDA BY BUSINESS LINES
2014 (2Q) 2013 2012
( Million USD ) USD % Margin USD % Margin USD % Margin
CONSTRUCTION 88 21 8 357 35 15 126 18 9
POWER GENERATION 137 33 8 273 27 8 267 38 7
REAL ESTATE 166 40 68 346 34 73 288 41 70
TRADE & MANUFACTURING 19 5 10 48 5 11 19 3 6
ELIMINATION 4 1 7 1 8 1
TOTAL 414 100 1.031 100 708 100
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BOARD OF DIRECTORSM.Sinan Tara Chairman of the Board
Haluk Gerek Vice Chairman of Board
Erdoan Turgut Member of Board (Non-executive Member)
E. Melih Araz Member of Board (Non-executive, Independent Member)
V. Ergin mre Member of Board (Non-executive, Independent Member)
EXECUTIVE BOARDA.Mehmet Tara President and Chairman of the Executive Board and General Manager
M. Gkhan Sanaklar Vice Chairman of the Executive Board
B. Burak zdoan Member of Executive Board
C. an Grdamar Member of Executive Board
zger nal Member of Executive Board
S. Ouz Krkgz Member of Executive Board
Zafer Gr Member of Executive Board
Asaf Yener Member of Executive Board
H. Fehmi Bayramolu Member of Executive Board
TOP MANAGEMENT
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As of June 2014
TechnicalStaff
AdministrativeStaff
Workers Total
ENKA Istanbul Head Quarters 300 106 68 474
ENKA Subsidiaries in Turkey 902 555 2.244 3.701
ENKA Construction Abroad 1.023 370 17.270 18.663
ENKA Construction Subsidiaries Abroad 68 52 1.452 1.572
Total 2.293 1.083 21.034 24.410
WORK FORCE
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Specifically in O&G&PC Industry, ENKA Provides Engineering, Fabrication Construction,Commissioning and Start Up Services for Major Internatioal Clients Such as; Exxon Mobil,Shell, Chevron, Lukoil etc.
ENKA has also Solid Relations with Leading OEMS & Extensive Experience with LeadingEPCM Companies such as; Bechtel, Fluor, Technip etc.
The Fields of Engineering & Construction Activities are;
Oil & Gas Facilities, Pipelines Petrochemical Plants Power Plants Industrial Plants Motorways, Bridges, and Tunnels Airports, Harbors, and Offshore Works New Towns and Housing Complexes
Business Centers Administrative Buildings Cultural Centers Shopping Malls Hotels Hospitals Stadiums
ENGINEERING & CONSTRUCTION
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ENKA Owns a Construction Machinery &Equipment Fleet Comprising of 3.740 PiecesWorth of USD 314 Million; and 800.000 SquareMeters of Site Facilities (Work Shops, Camps,Warehouses, Offices and etc.) Mobilized inDifferent Countries where Fabrication andConstruction Works are Being Performed.
RESOURCES
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ENKAs 411MWe CCPP Yajva State District Power Plant EPC Project has been Awarded The Best Project inthe Power/Industrial category in 2013 Global Best Projects Competition of ENR (Engineering News-Record)
ENKAs Kosovo Motorway EPC Project (Sections 1,2,3 & 4a) has been Awarded The Best Project in theRoads/Highways category in 2013 Global Best Projects Competition of ENR (Engineering News-Record)
Program and Project Management of the Kosovo Motorway Project in the Program ManagementCategory of the 2012 IRF - International Road Federation Global Road Achievement Awards (GRAA)
Cityscape Awards for Emerging Markets - 2012 Category: Retail Project" Award to ENKA TC for itsKuntsevo Multifunctional Trade and Business Center in Moscow
Most Admired Construction Company of Turkey Awards for the Years 2005 - 2012 by Capital, aBusiness and Economics Magazine
In 2011, ENKAs Adapazari Power Plant has been Selected as the Power Plant of the Year with anAvailability of 99,8 % by the Power Magazine
In 2011, ENKAs Insurer Factory Mutual Global (FM), Awarded All Three ENKA Power Plants the Status ofHighly Protected Risk in Recognition of ENKAs Commitment to the Reduction of Potential Losses Througha Stringent Programme of Risk Mitigation and Prevention.
Turkish Power Company ENKA Power has World Class Risk Management Article whichPraises ENKA's Commitments and Achievements in Protecting the Power Plant Assets Published in UtilityWeek Magazine on 28 January 2011 Edition.
AWARDS
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ISO 9001: 2008QUALITY MANAGEMENT SYSTEM
ISO 14001: 2004ENVIRONMENTAL MANAGEMENT SYSTEM
OHSAS 18001: 2007HEALTH & SAFETY MANAGEMENT SYSTEM
ASME SPOWER BOILERS
ASME APOWER BOILER ASSEMBLIES
ASME UPRESSURE VESSELS
ASME U2ALTERNATIVE RULES FOR PRESSURE VESSELS
CERTIFICATES
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ASME Nuclear NPT STAMP ASME Nuclear NA STAMP ASME Nuclear NS STAMP EnBW KTA 1401
's Nuclear Certificates
CERTIFICATES (Contd)
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COUNTRY (Million USD) %
IRAQ 895 29,6
KOSOVO 411 13,6
US EMBASSY PROJECTS 402 13,3
OMAN 265 8,8
GEORGIA 263 8,7
GABON 172 5,7
UNITED STATES 154