Achievement of strategic KPI
Samruk-Energy” JSC regularly monitors the achievement of goals by generating reports on the implementation of strategic initiatives and strategic key performance indicators.
Fulfillment of the specified values of KPI will allow the Company to achieve its goals in terms of accomplishment of its mission and vision. KPI are formed on consistency principle and combine KPI cascaded to the level of “Samruk-Energy” JSC by the Shareholder.
The target values of strategic indicators were calculated in accordance with the method of calculating indicators, as well as taking into account macroeconomic and industry trends.
|
No. |
Description |
2016 |
2017 |
2018 |
2019 forecast |
2020 forecast |
|
1 |
Economic value added (EVA), mln. tenge* |
(44,355) |
(47,130) |
(31,791) |
– |
– |
|
2 |
Debt/EBITDA (ratio) |
5.41 |
4.64 |
3.18 |
3.82 |
2.56 |
|
3 |
Available funds for development and dividends, mln.tenge* |
24,201 |
36,742 |
57,203 |
– |
– |
|
4 |
NAV, mln. tenge |
412,874 |
382,946 |
385,304 |
397,228 |
421,374 |
|
5 |
Implementation of transformation program (as per projects), in %* |
94.1 |
65 |
76.5 |
– |
– |
|
6 |
Corporate governance rating |
– |
B |
BB |
– |
BBB |
|
7 |
Electricity market share in the Republic of Kazakhstan |
23.9% |
28.0% |
29.7% |
29.0% |
30.0% |
|
8 |
Net profit, mln.tenge** |
17,759 |
(27,884) |
3,241 |
6,779 |
24,147 |
|
9 |
ROACE** |
3.87% |
–1.20% |
2.99% |
4.02% |
6.2% |
|
10 |
LTIFR** |
0.23 |
0.17 |
0.28 |
0.24 |
0.23 |
* was removed from the list of Strategic KPI from 2019
** was included into the list of Strategic KPI from 2019
In general, the Company's strategic indicators tend to improve from 2016 to 2020. An increase in sales of electricity and capacity in the domestic market, obtaining individual capacity tariffs, reducing unit consumption of fuel and water for process needs, optimizing the cost of energy efficiency, as well as reducing debt load are the main growth drivers.
At the same time, negative factors influencing the strategic indicators are negative exchange difference, the rise of prices for production works and services, as well as a decrease in the weighted average tariff for electricity from 2019.