ANNUAL
REPORT
2021
RESILIENCE TO
GLOBAL CHALLENGES
Our mandate
The vision of the Fund is to become a leader of the national economy and make a breakthrough in the innovation-driven development based on the principles of people’s welfare and environmental protection through responsible investment.
WHO WE ARE
Samruk-Kazyna Sovereign Wealth Fund Joint Stock Company was founded in 2008 by the Decree of the President of the Republic of Kazakhstan. The Sole Shareholder of the Fund is the Government of the Republic of Kazakhstan. The mission of the Fund is to create a long-term value and stimulate sustainable economic development through effective asset management in the interests of the people of the Republic of Kazakhstan.
Financial stability indicators
Debt and EBITDA of the Fund, KZT billion (consolidated)
Profitability coefficients
ROA, % (return on assets)
ROE, % (return on equity)
FINANCIAL AND OPERATIONAL RESULTS OF THE FUND GROUP1
The Table below provides financial information related to the Group's consolidated results for 2019, 2020 and 2021.
Indicator
2019
2020
2021
Consolidated revenue, KZT billion (excluding state subsidies)
10 649
556
11 710
Assets, KZT billion
26 417
27 483
30 310
Equity, KZT billion
14 343
15 152
17 173
Consolidated net profit per shareholder's share, KZT billion
248
558
629
EBITDA (operating), KZT billion
366
870
856
EBITDA Margin (%)
22,1
21,8
24,3
KEY INDICATORS OF PORTFOLIO COMPANIES
KEY INDICATORS OF PORTFOLIO COMPANIES
WELCOME MESSAGE FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS
Jon Dudas
Chairman of the Board of Directors Samruk-Kazyna JSC
WELCOME MESSAGE FROM THE CEO
Almassadam Satkaliyev
CEO Samruk-Kazyna JSC
As of December 31, 2021. The list includes only large portfolio companies of the Fund and is exhaustive
90.42%
Kazakhstan operator for hydrocarbon exploration, production, processing and transportation of hydrocarbons
100%
The largest diversified energy holding in Kazakhstan, successfully integrated into the international energy balance of hydrocarbons
51%
КрThe largest air carrier of Kazakhstan
100%
The postal operator of Kazakhstan, which provides a wide range of postal, financial, brokerage and agency services
100%
Kazakhstani gas company operating along the entire chain from exploration and production activities to the sale of final products.
51%
The largest telecommunications ns company in Kazakhstan, which has the status of a national telecom operator
100%
Kazakhstan operator for exploration, development, production, processing and sale of solid minerals
75%
Kazakhstan operator for import and export of uranium, rare metals, nuclear fuel for nuclear power plants, hydrocarbons
100%
Kazakhstan company engaged in the development and implementation ion of investment projects in the chemical industry
90%
System operator of the unified electric power system of Kazakhstan
100%
The largest operator of the main railway network of Kazakhstan
100%
Kazakhstan gas company operating along the entire chain from exploration and production activities to the sale of final products
90.42%
Kazakhstan company managing construction activities for Samruk- Kazyna JSC Group of companies
COMPANY PROFILE
DEVELOPMENT STRATEGY
OVERVIEW OF PERFORMANCE RESULTS
SUSTAINABLE DEVELOPMENT
CORPORATE GOVERNANCE
ATTACHMENTS