18.10.2013 Views

Слайд 0 - Gazprom

Слайд 0 - Gazprom

Слайд 0 - Gazprom

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

67<br />

<strong>Gazprom</strong> Energoholding has<br />

completed the second stage at<br />

this point<br />

Consolidation of<br />

current assets<br />

Further Steps in Business Development<br />

OGK-2 and OGK-6<br />

merger<br />

Investment<br />

program<br />

completion<br />

Expansion through<br />

organic growth and<br />

M&A<br />

Achievements in blueprinted goals and electricity prices growth<br />

will allow <strong>Gazprom</strong> Energoholding to reach developed countries<br />

multiples:<br />

EV, USD bln<br />

Further optimization of<br />

corporate governance and<br />

operational efficiency<br />

1. Indicative EV estimate based on post-CSA installed capacity of 39 GW and current top-5 European generating companies EV/IC multiple<br />

7.1<br />

5.5x<br />

IPO<br />

39.0<br />

Current EV Potential EV<br />

… turning <strong>Gazprom</strong><br />

Energoholding into a<br />

“blue chip” company<br />

with robust growth<br />

opportunities<br />

(1)<br />

<strong>Gazprom</strong> Energoholding - Investor Day 2012

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!