Business model

Capitals

Financial capital

Efficient use and management of equity and debt capital.

Production capital

Development and expansion of generating capacities and energy infrastructure.

Human capital

Staffing of the best industry professionals and an efficient and fair personnel policy.

Operation model

The total installed capacity of Samruk-Energy JSC power plants is

25.5%

of the total installed capacity of power plants of the Republic of Kazakhstan

Installed capacity of the enterprises of the Group of Companies Samruk-Energy JSC

6 275,1

MW

HPP

790

MW

TPP

5,328

MW

RES (Cascade of HPPs, SPP and WPP)

157.1

MW

Mining and sale
of coal

42.93

million tons

coal production volume

32.72

million tons

sold on the domestic market

9.77

million tons

exported to Russia

38.1%

of total coal production in Kazakhstan

62%

of the total volume of coal produced in the Ekibastuz coal basin

Electricity
generation

35.33

billion kWh

volume of electricity production

31.3%

in the total volume of electricity production in Kazakhstan

554.4

million kWh

volume of electricity production by RES facilities

Electricity transmission and distribution

9 954,07

MW

capacity of substations

30 388,63

km

length of 220-0.4 kV overhead and cable transmission lines

7 230

substations

8 686

million kWh

electricity transmission volumes

Sale of heat and electricity

34.7

billion kWh

of electricity sold

576.8

million kWh

of electricity exported to the Kyrgyz Republic

5.58

million Gcal

volume of heat energy supply by APP JSC

Impact

Financial impact

43.08

billion KZT

annual profit attributable to the shareholders of the Group of companies of Samruk-Energy JSC

92.8

billion KZT

operating profit

1.71

debt/EBITDA (ratio)

Environmental Impact

4.4

billion KZT

Environmental protection costs

8.4

billion KZT

environmental payments

2.8

billion KZT

reserve for  environmental liabilities

Economic Impact

54.1

billion KZT

taxes

2.041

billion KZT

dividends

14.476

billion KZT

remuneration on loans

705.6

billion KZT

amount of goods and services purchased from domestic suppliers

Reduction of net carbon footprint with measures and offset carbon units by 2060 — 100%

13-fold increase in the volume of clean electricity compared to 2021 by 2060

Greening of the territory (Forest-climatic projects) by 2060 — 1,800 ha

Key indicators of the Business Plan of Samruk-Energy JSC

Fact Forecast
Name 2021 2022 2023 2024 2025
Tier 1 Strategic KPIs for PCs
Tier 1 strategic and analytical KPIs for PCs
Net income, million KZT 15,046 30,132 43,080 79,330 92,081
Debt/EBITDA (ratio) 2.41 1.90 1.71 2.62 4.00
ROACE, % 4.23 5.90 6.45 8.92 7.69
Net asset value (NAV), million KZT 412,899 442,753 485,969 549,723 641,450
ROI, coefficient - -12% -
FCF**, KZT billion 42.2 37.0 4.6 27.8
ESG rating**, score - 24.1 -1 -1
Net carbon footprint reduction**, % -3% -1%*** 1% 3%
Share of in-country value in goods purchases**, % - 66% 75% -
Share of in-country value in procurement of works and services **, % - 92% 94.0% -
Leadership Behavioral Safety Audit** 6,274 7,186 5,300 5,400
Industry KPIs
Electricity market share in Kazakhstan 31.11% 31.79% 31.31% 31.90% 31.74%
LTIFR 0.19 0.30 0.33 0.27 0.26
Key national indicators
Labor productivity, thousand KZT/person 35,700* 13,273 14,872 63,086 68,615
Investments in fixed capital, thousand KZT 61,698 100,580 132,146 272,700 754,354
Volume of electricity generation from renewable energy sources, thousand kWh 165,048 417,371 554,379 571,017 570,987
Gross inflow of foreign direct investment, billion USD 0.006 0.043 0.014 0.356 0.526

* according to the 2021 methodology.

** KPI data introduced in 2023.

*** estimated value equal to the plan is indicated. The actual value is calculated after receiving verified greenhouse gas inventory reports (according to the Environmental Code of the Republic of Kazakhstan, by April 1 for the previous calendar year).