Investor Relations 2010
OPPORTUNITY & BEYOND
www.kolaogroup.com
CONTENTS 06
KOLAO, the Miracle of Mekong River
14
LAOS, the Land of Opportunity
28
KDC, the Pearl of KOLAO
40
GROWTH, Beyond Your Wisdom
50
KOLAO, Beyond Laos
OPPORTUNITY & BEYOND
04
KOLAO GROUP
INVESTOR RELATIONS 2010
05 www.kolaogroup.com
06 KOLAO GROUP
KOLAO,
INVESTOR RELATIONS 2010
the Miracle of Mekong River
07 www.kolaogroup.com
08 KOLAO GROUP INVESTOR RELATIONS 2010
>> 2010 2009
2006 2004 2003 2002 2000
>> 2009 2008
2002~2005 2003~2004
09 www.kolaogroup.com
>>
KOrea
KOLAO LAOs
Discovery of Lao PDR
10
KOLAO GROUP
>> INVESTOR RELATIONS 2010
>>
11 www.kolaogroup.com
>>
2010 2009 2008 2007 2006 2003 2002 1997
12
KOLAO GROUP
INVESTOR RELATIONS 2010
13 www.kolaogroup.com
14
KOLAO GROUP
INVESTOR RELATIONS 2010
the Land of Opportunity
LAOS,
15 www.kolaogroup.com
16
KOLAO GROUP
INVESTOR RELATIONS 2010
>>
17 www.kolaogroup.com
>>
>>
>> 4.0
2.2 1.3
1.3
0.8
18
KOLAO GROUP
INVESTOR RELATIONS 2010
>>
19 www.kolaogroup.com
>>
Discovery of Lao PDR
20 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>> 10.8 208
191 178
4,313
171
161
152
143
34.0
8.4
9.4
11.5
2,700
25.9
80 64
21.7 23.2 1,245
466 54
1,137
1,216
533
133
2001 2002 2003 2004 2005 2006 2007 2008 2009
2.7 2.9
21.1
3.5 3.6 3.7 17.6
21 www.kolaogroup.com
>>
Discovery of Lao PDR
>>
22 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>>
3,951
8.7 7.2
7.6
8.0
7.8
7.3
1,104
942
693 420
2005
2006
2007
2008
2009
2010( )
23 www.kolaogroup.com
>>
TOTAL 1,237
Discovery of Lao PDR
24 KOLAO GROUP INVESTOR RELATIONS 2010
>> 12,040
4,251
5,877
744
Location
STATUS Commercial Operation Date
Province
Installed Capacity
Houay Ho(IPP)
Champasak/Attapeu
150 MW
1999
Suez Energy(Belgium) 60%
Thailand
Nam Ngum 1 Hydropower
Vientiane
155 MW
1971
Electricite du Laos(EdL)
Laos/Thailand
Theun-Hinboun(IPP)
Bolikhamxay
210 MW
1998
EdL(Laos) 60%
Laos/Thailand
Hongsa Lignite(IPP)
Xayaboury
1,800 MW
2015
Ratchabury 40%
Laos/Thailand
Name of Project
Nam Ngum 2 Hydropower(IPP) Vientiane
615 MW IOD 2011/COD 2013 CH. Kanchang(Thailand) 28.5%
Nam Theun 2 Hydropower(IPP) Khammouane and Bolikhamxay 1,080 MW Nam Ngum 3 Hydropower (IPP) Vientiane and Xieng Khouang Nam Ou (IPP)
Phongsaly/Luangprabang
Nam Theun 1 Hydropower(IPP) Bolikhamxay
Investors (Sponsrs)
2009
EDF(France) 35%
Planned Market
Thailand Laos/Thailand
440 MW
2014
Marubeni(Japan) 25%
Thailand
1,100 MW
2013~2016
Sinohydro(China) 75%
Thailand or China and Laos
523 MW
2016
Gamuda(Malaysia) 40%
Laos/Thailand
Xayaboury(Mekong) (IPP)
Xayaboury/Luangprabang
1,260 MW
TBD
CH,Kanchang and PT
Laos/Thailand
Xepian-Xenamnoy (IPP)
Attapeu and Champasak
390 MW
2015
SK Engineering & Construction(Korea) 26% Thailand
Ban Koum(Mekong)
Champasak
2,330 MW
TBD
Asia Corp Holdings Limited.
Laos/Thailand
Lat Sua(Mekong)
Champasak
800 MW
TBD
Charoen Energy and Water Asia
Laos/Thailand
Luangprabang(Mekong)
Luangprabang
1,410 MW
TBD
Petrovietnam Power Corporation
Laos/Vietnam
Nam Theun 4
Bolikhamxay
110 MW
TBD
Saigon Investment Group
Laos/Vietnam
Pakbeng(Mekong)
Oudomxay/Xayaboury
1,300 MW
TBD
Datang International Power Generation
Pak Lay(Mekong)
Xayabury and Vientiane
1,320 MW
TBD
CEIEC+SINOHYDRO
Thailand/Laos
Sanakham(Mekong)
Xayaboury/Vientiane
500 MW
TBD
Datang International Power Generation
Laos/Thailand/China
25 www.kolaogroup.com
>>
Discovery of Lao PDR
26 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>> 276
268
233 4.3 0.6
2,008 173 147 119 1,095 87
1,624
1,737
9.7
1,215
895
636
85.4
2003
2004
2005
2006
2007
2008
2009
27 www.kolaogroup.com
28
KOLAO GROUP
INVESTOR RELATIONS 2010
the Pearl of KOLAO
KDC,
29 www.kolaogroup.com
30
KOLAO GROUP
INVESTOR RELATIONS 2010
2 4 3
>>
3
88
31 www.kolaogroup.co.kr
KOLAO Developing Co., Ltd.
Only One & No. 1 Automaker in Laos
32
KOLAO GROUP
INVESTOR RELATIONS 2010
>>
352
284 5,000 3,600
>>
372
308
33 www.kolaogroup.com
>>
143
>>
130
2009
2010(E)
Discovery of Lao PDR
2011(E)
2012(E)
2013(E)
34 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>>
CAGR 22.1%
7.3 74.7 5.5
18.8
21.7 50.1
3.4 13.3
50.0
49.2
4.8 12.8
33.5
47.5
3.6 9.3
FY10~1H
36.4
32.5
73.9
FY07
FY08
FY09
FY10.1H
>>
>> 22
36
35
30
7
35
35
35 www.kolaogroup.com
>>
>>
37.9 35.6 32.5
34.6
35.4
35.2
36.2 29.6
5,528
30.1 32,119
28.6 4,479
21.8
4,102
22.4
19.2
3,798
19.0
19,773
3,308
16.3
21,389 19,658
14,093
2,262 1,813 8,465 1,148
9,737
4.7 1,764
2003
2004
2005
2006
2007
2008
2009 2010.1H
2003
2004
2005
2006
2007
2008
2009 2010.1H
36 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>>
635 1,395 544 1,190
487 149
416 CAGR 14.2%
1,015
134
349
867
123
214
544
CAGR 10.4%
5,513
487
189 168
4,771 123
3,397
3,397
2005
244
635
97
CAGR 27.4%
2006
280
741
109
2007
2008
2009
2007
134
149
4,771 5,513
2008
2009 2010(E) 2011(E) 2012(E) 2013(E) 2014(E)
37 www.kolaogroup.com
>>
>>
>>
7,787 6,658 465
6,368 5,326 4,508 3,868
352
3,621 2,746
176 58
FY07
FY08
FY09
Discovery of Lao PDR
FY10.1H
FY07
FY08
FY09
FY10.1H
FY07
FY08
FY09
FY10.1H
38 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>> 11,833
11,755
15.8
15.7 13.1
12.8 11.3
11.0 6,550
6,392
6,301 6,273
5,654
FY07
5,493
FY08
FY09
FY10.1H
FY07
FY08
FY09
FY10.1H
39 www.kolaogroup.com
Discovery of Lao PDR
2007
2008
2009
-
-0.2%
49.3%
42.1%
19.9%
33.7%
-
16.70%
79.50%
-
19.20%
79.50%
2.8
2.1
2.5
5.4
3.6
4.4
13.6
10.9
9.7
18.7%
16.4%
20.0%
11.3%
12.8%
15.8%
11.0%
13.1%
15.7%
25.8%
25.6%
34.4%
38.6%
36.4%
41.9%
49.9%
42.2%
21.8%
16.6%
10.7%
8.5%
318.6%
487.9%
481.7%
102.2%
177.8%
226.3%
35.3%
27.8%
22.8%
40
KOLAO GROUP
INVESTOR RELATIONS 2010
GROWTH,
Beyond Your Wisdom
41 www.kolaogroup.com
42 KOLAO GROUP INVESTOR RELATIONS 2010
>>
2,000
1,500
1,000
500
0
>>
1,200
1,000
800
600
400
2005
2007
2009
2011( )
2013( )
43 www.kolaogroup.com
>> Sekong Attapeu Luangnamtha Bokeo Phongsaly Borikhamxay Xiengkhuang Oudomxay Huaphanh Saravane Xayabury Khammuane Luangprabang Vientiane Champasack Vientiane(Capital) Savannakhet
53% 0
200
400
600
800
1,000
>>
40,000
36,000 32,000 28,000
24,000 20,000
2001
Discovery of Lao PDR
2002
2003
2004
2005
2006
2007
2008
2009
44 KOLAO GROUP INVESTOR RELATIONS 2010
>> 15,000
1,200 1,000
10,000
800 600 400
5,000
200 0
0
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
>> 42,154
CAGR 18.4%
467.4 2005
11,558
13,798 695.8
593.6
2006
2007
30,055
25,378
CAGR 12.4% 10,096
35,594
21,428 858.9 11,518
2008
15,278
18,094 931.7
1,038
1,084
1,151
1,227
1,355
897.3
2009
2010(E)
2011(E)
2012(E)
2013(E)
2014(E)
2015(E)
45 www.kolaogroup.com
>>
>> 31.5
9.3
102,866
27.9
24.8 18.7
34.5 94,740
24.5
21.8
19.2 12.8
10.9
72,587
15
90,737
71,107
75,306
66,839
2009
2010(E)
2011(E)
2012(E)
2013(E)
2014(E)
2006
2007
2008
2009
2010(E)
2011(E)
56,895
2006
2007
2008
2009
>> 205,388
CAGR 17.7%
174,428 148,135
CAGR 16.1%
125,806 106,840 90,737
66,839 50,694
2006
858.9
897.3
931.7
1,084
1,151
1,227
56,895
593.6
467.4 2005
71,107
1,038
695.8
2007
2008
2009
2010(E)
2011(E)
2012(E)
2013(E)
2014(E)
46 KOLAO GROUP INVESTOR RELATIONS 2010
>>
>> 1,395 1,190
280
109
2006
123
134
2007
2008
149
168
189
214
1,015
244
867
416
2009 2010(E) 2011(E) 2012(E) 2013(E) 2014(E)
2006
487
2007
544
2008
635
741
2009 2010(E) 2011(E) 2012(E) 2013(E) 2014(E)
47 www.kolaogroup.com
>>
>>
>>
Discovery of Lao PDR
48
KOLAO GROUP
INVESTOR RELATIONS 2010
49
KOLAO FARM & ENERGY
K-PLAZA
I-TECH
GLOVIA
www.kolaogroup.com
INDOCHINA BANK
50
KOLAO GROUP
INVESTOR RELATIONS 2010
KOLAO,
Beyond Laos
51 www.kolaogroup.com
52
KOLAO GROUP
INVESTOR RELATIONS 2010
6.1
24.5
69.4
53 www.kolaogroup.co.kr
>>
>>
49.3 12.8 31.7
6.9 5.8
4.5
12.4
3.1
1.7
2.3
-2.0
-12.8
>>
>> 218.3 46.6
138.2
127.6 109.9
112.3
23.3
21.2
12.3 17.7
11.2 5.4
54 KOLAO GROUP
>> INVESTOR RELATIONS 2010
(1.6 / 56.6) (1.2 / 52.6) (3.1/ 34.9) (1.5 / 29.4)
(13.4/ 15.3)
(4.5 / 12.8) (7.0 / 13.5)
(15.8 / 11.0)
(6.2 / 10.6)
>>
(41.9 / 5.0)
(5.7 / 3.0) (20.6 / 3.2) (9.0 / 2.6) (19.7 / 2.1) (1.6 / 0.9)
(13.4 / 1.8)
55
Discovery of Lao PDR
www.kolaogroup.com
GLOBAL KOLAO
56 KOLAO GROUP
>>
INVESTOR RELATIONS 2010
FY07
FY08
FY09
FY2010. 1H
15,526
19,585
27,702
33,146
5,802
5,988
6,491
7,339
21,327
25,573
34,194
40,484
4,874
4,014
5,752
6,096
2,225
3,587
363
44
7,099
7,601
6,115
6,140
2,000
2,000
2,000
8,133
14,228
17,973
28,079
34,344
FY07
FY08
FY09
FY2010. 1H
50,138
50,036
74,716
49,209
40,769
41,848
59,805
39,742
9,370
8,187
14,910
9,467
5,654
6,392
11,833
6,301
5,493
6,550
11,755
6,273
-2
46
-149
-8
5,491
6,596
11,606
6,265
>>
57 www.kolaogroup.com
Discovery of Lao PDR
23 Singha Rd, Nongbone Village, Saysettha Distric, Vientiane Lao PDR
Tel: 856-21-450599 Tel: 02-6050-7000
Fax: 856-21-450561 Fax: 02-6050-7700
www.kolaogroup.com