YAMAMA CEMENT
Yamama Cement Company Up To
31-12-2016
Contents 1. Background 2. Production facilities 3. Process of cement manufacturing
4. Quality control system 5. Occupational health, safety Environmental management
6. Yamama advantages 7. Market share 8. Financials summary
2
Background • Established in 1961.
• The first cement company in the central region, the third in the KSA . • Joint stock company . • Capital of SR 2,025 billion. • 202,5 million shares. • Manufacturing facilities and head office are located in Riyadh. • 900 employees.
3
Production Facilities
4
Production lines
5
KILN
CLINKER CAPACITY (Tons /Day)
CLINKER CAPACITY (Tons /Year)
PRODUCTION START UP
1
300
96,000
1966
2
800
256,000
1972
3
1500
480,000
1978
4
1500
480,000
1978
5
1500
480,000
1982
6
3000
960,000
1985
7
10000
3,200,000
2007
TOTAL
18600
5,952,000
Cement Manufacturing Processes
crusher
6
mixing bed
raw mill
kiln
cooler
clinker storage
cement mill
Types Of CEMENT
1. Type 1 - Ordinary Portland Cement (OPC) 2. Type 5 – Sulphate Resistant Cement (SRC) 3. Finishing Cement
7
Production clinker (2005– 2016) YAMAMA CEMENT 7,000 6,075 6,000
5,575 5,188
5,412
6,127
5,873
5,836
5,378
4,698
5,000 4,274 4,000
3,000
2,700
2,836
2,000
1,000
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
8
Quality Control System Yamama sticks to quality policy in all processes of cement production, Yamama obtained ISO 9001-2000
Yamama’s state-of-the-art compact laboratory automation system ensure that cement produced is in line with international quality standards. 9
Occupational health and safety & Environmental management Yamama obtained such certificates in these fields
10
Yamama Advantages Fully integrated Local Power Supply Station
Low energy cost All lines built by Polysius CO. (Germany)
11
Market Share
12
Market Outlook • KSA consumption is at 56 Million Ton for 2016 • Average growth for the past five years was (3%)
• Estimated Average growth for next five years is (0-2%) • Yamama historical market share is around from (10% - 14% )
13
Capacity utilization + Sales + Inventory (In Million) ( KSA) 70
62
60
55 50
50 40
30
48
58 57
55 54 56
53
62
63
61 57
56 56
48
43 Used from design capacity
Used from design capacity
Used from design capacity
Used from design capacity
%86
%88
%98
%93
20
Used from design capacity
Used from design capacity
22
%92
23
28
%89
15 8
10
6
0 2011
2012
Production capacity (klinker)
14
2013
2014
Actual production (klinker)
2015 Sales (cement)
2016 Inventory (klinker)
Production(Clinker & Cement) – Sales
(In thousand)
YAMAMA CEMENT 7,000 6,000
5,976 5,412
6,010
6,346 6,373
6,361 6,311 6,075
6,127
5,873 5,447 5,432
5,378
5,831 5,825 5,836
5,376 5,357
5,000 4,000 3,000
2,000 1,000 0
2011
2012 Kilnker
15
2013
2014 Cement
2015 Sales
2016
Market Share (2015–2016) (In thousand) 2015
2016
Haeil Alsafwa Aljouf 1861 1766 1726 3% 3% North 3% 2370 Madinah4% 2655 4%
Yamama 5825 9% Saudia 7703 13%
Najran 4460 7% Eastern 3119 5%
Riyadh 3372 6% Tabuk 1301 2%
Qassem 4405 7% Southern 8490 14%
Arabia 5380 9%
Yanbu 7008 11%
Total Sales 61,440 Ton 16
Haeil Alsafwa Yamama 1392 Aljouf 1857 5357 2% 1884 3% 10% North Um Alqura 3% 1865 98 3% 0% Madinah
Saudia 7323 13%
3136 6% Najran 2900 5%
Eastern 2638 5%
Riyadh 3589 6% Tabuk 1340 2%
Qassem 4041 7% Southern 7445 13% Arabia 4453 8%
Yanbu 6440 12%
Total Sales 55,758 Ton (-9%)
Production Clinker (2015–2016) (In thousand) 2015
2016
Haeil Alsafwa Aljouf1546 1813 1581 3% 3% North 3% 2639 5% Madinah 2794 5%
Yamama 5873 10%
Saudia 7856 14%
Najran 3722 6%
Saudia 7593 14%
Najran 3354 6% Eastern 3470 6%
Riyadh 3235 6% Tabuk 1308 2%
Qassem 3715 6% Southern 7216 13% Arabia 3747 7%
Yanbu 6510 11%
Total Production 57,024 Ton 17
Haeil Alsafwa 1974 Yamama Aljouf1668 4% 5836 1575 3% 10% North Um Alqura 3% 2250 108 4% 0% Madinah 3525 6%
Eastern 2993 5%
Riyadh 3226 6% Tabuk 1312 2%
Qassem 3438 6% Southern 7690 14%
Arabia 3368 6%
Yanbu 5711 10%
Total Production 55,621 Ton (-2%)
Financial Summary FOR YAMAMA CEMENT
18
Yamama New Project
19
Yamama New Project Yamama cement has singed a contracts for the construction of the New Project as follows (Total Estimated cost 4 Billion SR) Project
Contractor
SR(M)
2 production lines (20,000 TPD)
Thyssenkrupp (TK)
2,800 (LSTK)
Power Plant
Wartsila
480
Full supply
Arabian Gas
280
Residential City.
N/A
Under process
20
Financing of Yamama New Project Yamama cement singed tow partial funding with the banks to the finance the new project as follow: 1) With the Saudi Industrial Development Fund (SIDF) at 900 MSR. The maximum corporate finance from (SIDF)
21
Financing of Yamama New Project 2) With the (National Commercial Bank (NCB) & Samba financial Group (SFG) at 1 Billion SR.
22
Sales and Net Profit (SR Million) 1,576
1,600
1442
1,400 1,200
1,542 1,329
1272 1123
1163
1,125
1,000 740
800 611
600
1,311
818
870 671
657 562
615 366
400 200 0 2008
2009
2010
2011
SALES 23
2012
2013
NET PROFIT
2014
2015
2016
Asset and Shareholders Equity (SR Million) 4,500
4,000
4,263 3,589
3,500 3,000
2,841
3,694
3,055
3,653
3,159
3,821
4,005 3,599
4,079 3,981 3,974 3,893 3,732 3,726 3,681
3,375
2,500 2,000 1,500 1,000 500 0 2008
2009
2010
2011
Assets 24
2012
2013
Equity
2014
2015
2016
Financial Summary (SR Million)
25
2009
2010
2011
2012
2013
2014
2015
2016
Total Assets Other Liabilities Debt Equity
3,694
3,653
3,821
4,005
4,263
4,079
3,981
3,974
217
228
256
358
339
338
300
248
422
267
190
48
31
10
0
0
3,055
3,159
3,375
3,599
3,893
3,731
3,681
3,726
Debt to Equity ratio
%14
%8
%6
%1
%1
%0
%0
%0
Sales Net profit EBITDA Net profit margin
1,163
1,272
1,442
1,576
1,542
1,329
1,311
1,125
562
657
740
818
870
671
615
366
785
871
965
1,077
1,110
908
855
692
%48
%52
%51
%52
%56
%50
%47
%33
Dividends Dividends payout Return on Assets Return on Equity Earning per share
405
540
540
608
608
608
608
202
%72
%82
%73
%74
%70
%91
%99
%55
%15
%18
%19
%20
%16
%15
%9
%18
%21
%22
%23
%20 %22
%18
%17
%10
4.16
4.87
5.48
4.04
4.30
3.31
3.04
1.82
For a copy of this presentation can be access for the company's website
www.yamamacement.com For ease of communication with investors we established e-mail to receive any questions.
[email protected]
26
31-12-2016
Contents 1. Background 2. Production facilities 3. Process of cement manufacturing
4. Quality control system 5. Occupational health, safety Environmental management
6. Yamama advantages 7. Market share 8. Financials summary
2
Background • Established in 1961.
• The first cement company in the central region, the third in the KSA . • Joint stock company . • Capital of SR 2,025 billion. • 202,5 million shares. • Manufacturing facilities and head office are located in Riyadh. • 900 employees.
3
Production Facilities
4
Production lines
5
KILN
CLINKER CAPACITY (Tons /Day)
CLINKER CAPACITY (Tons /Year)
PRODUCTION START UP
1
300
96,000
1966
2
800
256,000
1972
3
1500
480,000
1978
4
1500
480,000
1978
5
1500
480,000
1982
6
3000
960,000
1985
7
10000
3,200,000
2007
TOTAL
18600
5,952,000
Cement Manufacturing Processes
crusher
6
mixing bed
raw mill
kiln
cooler
clinker storage
cement mill
Types Of CEMENT
1. Type 1 - Ordinary Portland Cement (OPC) 2. Type 5 – Sulphate Resistant Cement (SRC) 3. Finishing Cement
7
Production clinker (2005– 2016) YAMAMA CEMENT 7,000 6,075 6,000
5,575 5,188
5,412
6,127
5,873
5,836
5,378
4,698
5,000 4,274 4,000
3,000
2,700
2,836
2,000
1,000
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
8
Quality Control System Yamama sticks to quality policy in all processes of cement production, Yamama obtained ISO 9001-2000
Yamama’s state-of-the-art compact laboratory automation system ensure that cement produced is in line with international quality standards. 9
Occupational health and safety & Environmental management Yamama obtained such certificates in these fields
10
Yamama Advantages Fully integrated Local Power Supply Station
Low energy cost All lines built by Polysius CO. (Germany)
11
Market Share
12
Market Outlook • KSA consumption is at 56 Million Ton for 2016 • Average growth for the past five years was (3%)
• Estimated Average growth for next five years is (0-2%) • Yamama historical market share is around from (10% - 14% )
13
Capacity utilization + Sales + Inventory (In Million) ( KSA) 70
62
60
55 50
50 40
30
48
58 57
55 54 56
53
62
63
61 57
56 56
48
43 Used from design capacity
Used from design capacity
Used from design capacity
Used from design capacity
%86
%88
%98
%93
20
Used from design capacity
Used from design capacity
22
%92
23
28
%89
15 8
10
6
0 2011
2012
Production capacity (klinker)
14
2013
2014
Actual production (klinker)
2015 Sales (cement)
2016 Inventory (klinker)
Production(Clinker & Cement) – Sales
(In thousand)
YAMAMA CEMENT 7,000 6,000
5,976 5,412
6,010
6,346 6,373
6,361 6,311 6,075
6,127
5,873 5,447 5,432
5,378
5,831 5,825 5,836
5,376 5,357
5,000 4,000 3,000
2,000 1,000 0
2011
2012 Kilnker
15
2013
2014 Cement
2015 Sales
2016
Market Share (2015–2016) (In thousand) 2015
2016
Haeil Alsafwa Aljouf 1861 1766 1726 3% 3% North 3% 2370 Madinah4% 2655 4%
Yamama 5825 9% Saudia 7703 13%
Najran 4460 7% Eastern 3119 5%
Riyadh 3372 6% Tabuk 1301 2%
Qassem 4405 7% Southern 8490 14%
Arabia 5380 9%
Yanbu 7008 11%
Total Sales 61,440 Ton 16
Haeil Alsafwa Yamama 1392 Aljouf 1857 5357 2% 1884 3% 10% North Um Alqura 3% 1865 98 3% 0% Madinah
Saudia 7323 13%
3136 6% Najran 2900 5%
Eastern 2638 5%
Riyadh 3589 6% Tabuk 1340 2%
Qassem 4041 7% Southern 7445 13% Arabia 4453 8%
Yanbu 6440 12%
Total Sales 55,758 Ton (-9%)
Production Clinker (2015–2016) (In thousand) 2015
2016
Haeil Alsafwa Aljouf1546 1813 1581 3% 3% North 3% 2639 5% Madinah 2794 5%
Yamama 5873 10%
Saudia 7856 14%
Najran 3722 6%
Saudia 7593 14%
Najran 3354 6% Eastern 3470 6%
Riyadh 3235 6% Tabuk 1308 2%
Qassem 3715 6% Southern 7216 13% Arabia 3747 7%
Yanbu 6510 11%
Total Production 57,024 Ton 17
Haeil Alsafwa 1974 Yamama Aljouf1668 4% 5836 1575 3% 10% North Um Alqura 3% 2250 108 4% 0% Madinah 3525 6%
Eastern 2993 5%
Riyadh 3226 6% Tabuk 1312 2%
Qassem 3438 6% Southern 7690 14%
Arabia 3368 6%
Yanbu 5711 10%
Total Production 55,621 Ton (-2%)
Financial Summary FOR YAMAMA CEMENT
18
Yamama New Project
19
Yamama New Project Yamama cement has singed a contracts for the construction of the New Project as follows (Total Estimated cost 4 Billion SR) Project
Contractor
SR(M)
2 production lines (20,000 TPD)
Thyssenkrupp (TK)
2,800 (LSTK)
Power Plant
Wartsila
480
Full supply
Arabian Gas
280
Residential City.
N/A
Under process
20
Financing of Yamama New Project Yamama cement singed tow partial funding with the banks to the finance the new project as follow: 1) With the Saudi Industrial Development Fund (SIDF) at 900 MSR. The maximum corporate finance from (SIDF)
21
Financing of Yamama New Project 2) With the (National Commercial Bank (NCB) & Samba financial Group (SFG) at 1 Billion SR.
22
Sales and Net Profit (SR Million) 1,576
1,600
1442
1,400 1,200
1,542 1,329
1272 1123
1163
1,125
1,000 740
800 611
600
1,311
818
870 671
657 562
615 366
400 200 0 2008
2009
2010
2011
SALES 23
2012
2013
NET PROFIT
2014
2015
2016
Asset and Shareholders Equity (SR Million) 4,500
4,000
4,263 3,589
3,500 3,000
2,841
3,694
3,055
3,653
3,159
3,821
4,005 3,599
4,079 3,981 3,974 3,893 3,732 3,726 3,681
3,375
2,500 2,000 1,500 1,000 500 0 2008
2009
2010
2011
Assets 24
2012
2013
Equity
2014
2015
2016
Financial Summary (SR Million)
25
2009
2010
2011
2012
2013
2014
2015
2016
Total Assets Other Liabilities Debt Equity
3,694
3,653
3,821
4,005
4,263
4,079
3,981
3,974
217
228
256
358
339
338
300
248
422
267
190
48
31
10
0
0
3,055
3,159
3,375
3,599
3,893
3,731
3,681
3,726
Debt to Equity ratio
%14
%8
%6
%1
%1
%0
%0
%0
Sales Net profit EBITDA Net profit margin
1,163
1,272
1,442
1,576
1,542
1,329
1,311
1,125
562
657
740
818
870
671
615
366
785
871
965
1,077
1,110
908
855
692
%48
%52
%51
%52
%56
%50
%47
%33
Dividends Dividends payout Return on Assets Return on Equity Earning per share
405
540
540
608
608
608
608
202
%72
%82
%73
%74
%70
%91
%99
%55
%15
%18
%19
%20
%16
%15
%9
%18
%21
%22
%23
%20 %22
%18
%17
%10
4.16
4.87
5.48
4.04
4.30
3.31
3.04
1.82
For a copy of this presentation can be access for the company's website
www.yamamacement.com For ease of communication with investors we established e-mail to receive any questions.
[email protected]
26
