Investor Presentaiton
adani
Haifa Port Company (HPC) - Operator of Israel's Largest Port
Founded in 2005, Haifa Port Company is a state-owned
player operating at Haifa Port (established in 1933)
HPC operates and maintains 5 terminals (2 Container, 2
Multi-cargo & 1 passenger) at Haifa Port with 2 km
waterfront and max draft of 16.5 m
NIS Millions
Volumes (in MMT)
Revenue
(-) Opex
In 2021, HPC handled -30% of the country's total cargo.
For container category, HPC managed -47% of the
country's volumes and for bulk & general cargo
categories -16% of country's volumes; it is also a
principal port for passenger traffic and cruise ships.
Container segment accounts for -80% of HPC's
revenues
Marine services are not within the scope of HPC
operations
2017
16
2018
2019
17
16
2020
17
2021
17
695
781
746
748
845
(589)
(521) (628)
(642) (601)
EBITDA
106
259
118
106
245
EBITDA margin
15%
33%
16%
14%
29%
(-) Depreciation
(66)
(67)
(68) (70)
(72)
EBIT
40
192
50
36
172
(+/-) Extraordinary items*
21
23
21
(560)
(30)
(+) Other incomes#
38
(21)
143
9
138
Profit before taxes
99
193
213
(515)
281
(-) Taxes
(3)
(16) (23)
127
(10)
Profit after taxes
96
177
190
(388)
271
* includes early retirement expenses in 2020 and 2021
# Other income primarily includes financial income
Key Balance Sheet
Items:
Shareholders Equity
Gross Fixed Assets
Net Fixed Assets
Cash and Cash equivalents (net)
Ports and
Logistics
2019
2020 2021
2,336 1,965 2,236
1,879 1,913 1,977
1,030 1,008 1,017
845 1,004 932
Company's financial year is from January to December
Significant potential for HPC to increase bulk and general cargo share at Haifa Port itself
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