2019 KEGOC JSC Annual Report
2019
KEGOC JSC
Annual
Report
Annual Report
2019

Development
Strategy

The business of KEGOC has a strategic importance for the development of the entire economy of Kazakhstan and can affect the interests of a wide range of stakeholders, and this shall be taken into account by the company, when making decisions and building a long-term strategy

Long-Term
Strategic
Goals:

Goal 1
Ensure reliable operation of the unified power system of Kazakhstan, i.e. quality delivery of functions of the System Operator of the UPS of Kazakhstan; quality operational maintenance, repair and modernization of existing assets; increasing the transmission capacity of the NPG of the Republic of Kazakhstan through the construction of new power transmission lines and substations; technological development and digitalization of business.
Name of KPI 2017
actual
2018
actual
2019
plan
2019
actual
2020
forecast
WWP, % 98.98 98.78 98.11 99.64 98.35
SML, min. 1.04 1.11 1.08 0.52 1.00

Goal 2
Ensure efficient operation of KEGOC by increasing the efficiency of invested capital and developing new types of business; implementation of KEGOC’s Transformation Programme and the development of international cooperation.
Name of KPI 2017
actual
2018
actual
2019
plan
2019
actual
2020
forecast
EBITDA, KZT billion 72.95 81.22 77.1 88.5 100.5
Net income, KZT billion 32.9 40.0 27.2 40.7 50.4
ROACE, % 6.54 7.16 6.78 7.47 10.61
NAV, KZT billion 361.1 416.2 383.9 422.2 433.2

Goal 3
Improve corporate governance and sustainable development by improving the OHS management system; improving corporate governance; human capital development and environmental protection.
Name of KPI 2017
actual
2018
actual
2019
plan
2019
actual
2020
forecast
LTIFR 0.15 0.29 3.8 0 3.6
Frequency of fatal accidents at work 0.26 0.25 0 0 0
Corporate governance rating BB BB - BB BBB