SCM GROUP PUBLIC REPORT 2011
SCM GROUP PUBLIC REPORT 2011 SCM GROUP PUBLIC REPORT 2011
Real estate. ESTA Group ESTA Group is the holding company managing SCM’s real estate assets and one of the largest players in Ukraine’s real estate market. Among the Group’s main business areas are: commercial property; including office centers, logistics centers, shopping malls, and hotels. ESPV Limited (Cyprus) performs the holding company functions. ESTA Property Management manages the completed and operational real estate projects. Investment real estate projects: • Donbass Palace Hotel – a five-star hotel in the center of Donetsk. Total rooms: 129. • Opera Hotel – a five-star hotel in the center of Kiev. Total rooms: 137. • Leonardo Business Center (second line) – a multi-functional complex in the center of Kiev. Total area: 38,000 square meters. • Office center at Kudryavskaya Street, Kiev. Total area: 1,820 square meters. • Office center at Postysheva Street, Donetsk. Total area: 14,500 square meters. Ongoing 16 real estate projects: • Park Inn Hotel by Radisson Donetsk – a four-star hotel. Total rooms: 172. Total investment – $15m. ESTA Group owns a 50% share in the project. • Kiev’s Central Univermag Shopping Mall – a project with unique location in the center of Kiev, at the intersection of Khreshchatik and Bogdana Khmelnitskogo Streets. Total area: 45,000 square meters. Total investment – $100m. 50 • Pushkinskiy multi-functional complex in the center of Donetsk. This is a class A project with the total area of 52,600 square meters. Total investment of $130m. • Andreyevskiy multi-functional complex on Frolovska Street in Kiev, with the total area of over 70,000 square meters. Total investment $200m. Real estate projects at development stage: • Business center at Moskovskaya Square, Kiev. Total area: 3 hectares. Land plots: 16 The ongoing projects are the projects being implemented during the reporting period. • Land plot in Dnepropetrovsk, Karl Marx Street. Total area: 0.15 hectares. • Land Plot in Donetsk, Leninskiy Avenue. Total area: 4 hectares. • Land Plot in Kerch. Total area: 1.4 hectares. • Land Plot in Yalta, Dzerzhinskogo Street. Total area: 1.85 hectares. • Land Plot in Pluty Village, Kiev Oblast, Koncha-Zaspa suburban district. Total area: 45 hectares.
Investments The total volume of investment in ESTA Holding's business development in 2011 amounted to $100m (excluding M&A). Focus points of the year In March, Stolichny TSUM LLC completed the purchase of Kievsky TSUM Trading House LLC and M-Service LLC. Completion of the transaction will allow to begin the Kiev's Central Univermag Shopping Mall reconstruction project, resulting in the twofold increase of the shopping mall's area – to 45 square meters. 51 SCM GROUP PUBLIC REPORT CREATING SUSTAINABLE VALUE ESTA Group's financial indicators Indicators, $, m 2011 2010 Dynamics, % Assets 527 370 +42.43 Sales volume 31 26 +19.23 Net profit (loss) 17 15 +13.13 EBITDA 5 6 –16.67 In October, ESTA signed an agreement with Rezidor Hotel Group for the transfer of the management rights to Kiev Hotel in Donetsk to the latter. Kiev Hotel will be further managed under Park Inn Hotel by Radisson Donetsk name. The total number of rooms at the hotel is 172. The hotel will start receiving guests in the first half of 2012. In December, ESTA Holding purchased a 50% share in the second line of Leonardo Business Center in Kiev. ESTA Holding created a division to be in charge of developing the Group's hotel business, particularly, developing ESTA's hotel projects portfolio, increasing its effectiveness, as well as raising hotel service quality standards. SCM Group's business
- Page 1 and 2: SCM GROUP PUBLIC REPORT 2011 CREATI
- Page 3 and 4: 2011 Financial Results Assets $ m S
- Page 5 and 6: 12 January DTEK signed a 49 year le
- Page 7 and 8: 5 December Metinvest opened a new s
- Page 9: September DTEK signed a $150m, 3-ye
- Page 12 and 13: 2000-2002 GROWING THE PORTFOLIO SCM
- Page 14 and 15: SCM Company management OLEG POPOV G
- Page 16 and 17: ILYA ARKHIPOV BUSINESS DEVELOPMENT
- Page 18 and 19: ANDREY TELENKOV RETAIL BUSINESS DEV
- Page 20 and 21: MARTA MOONEN HUMAN RESOURCES DIRECT
- Page 22 and 23: SCM Group corporate transformation
- Page 24 and 25: SCM Group's assets structure 2011 M
- Page 27 and 28: SCM Group's business Mining and met
- Page 29 and 30: United Coal Company - one of the le
- Page 31 and 32: Metinvest Group's key production in
- Page 33 and 34: Ilyich Steel plant began the implem
- Page 35 and 36: Trading DTEK Trading - carries out
- Page 37 and 38: Electric power export, m, KW•hour
- Page 39 and 40: Coal mining and enrichment The grow
- Page 41 and 42: ASKA financial indicators 41 SCM GR
- Page 43 and 44: 43 SCM GROUP PUBLIC REPORT CREATING
- Page 45 and 46: Portinvest Holding was created in 2
- Page 47 and 48: SCM Group is a significant player i
- Page 49: Focus points of the year Ukraine Te
- Page 53 and 54: Total clay mining volume, m, tonnes
- Page 55 and 56: Parallel manages SCM Group’s asse
- Page 57 and 58: Vega Telecommunications Group (Vega
- Page 59: Associated companies are businesses
- Page 62 and 63: Our main social goal is to make the
- Page 64 and 65: Our main environmental activities:
- Page 66 and 67: • Funding and supporting programs
- Page 69 and 70: Key postreporting period events 201
- Page 71 and 72: SCM, Metinvest, and DTEK presented
- Page 73 and 74: Media Ukraine Media Group Ukraine,
Investments<br />
The total volume of investment in ESTA Holding's business development<br />
in <strong>2011</strong> amounted to $100m (excluding M&A).<br />
Focus points of the year<br />
In March, Stolichny TSUM LLC completed the purchase of Kievsky<br />
TSUM Trading House LLC and M-Service LLC. Completion<br />
of the transaction will allow to begin the Kiev's Central<br />
Univermag Shopping Mall reconstruction project, resulting<br />
in the twofold increase of the shopping mall's area – to 45<br />
square meters.<br />
51<br />
<strong>SCM</strong> <strong>GROUP</strong> <strong>PUBLIC</strong> <strong>REPORT</strong><br />
CREATING SUSTAINABLE VALUE<br />
ESTA Group's financial indicators<br />
Indicators, $, m <strong>2011</strong> 2010 Dynamics, %<br />
Assets 527 370 +42.43<br />
Sales volume 31 26 +19.23<br />
Net profit (loss) 17 15 +13.13<br />
EBITDA 5 6 –16.67<br />
In October, ESTA signed an agreement with Rezidor Hotel<br />
Group for the transfer of the management rights to Kiev Hotel<br />
in Donetsk to the latter. Kiev Hotel will be further managed<br />
under Park Inn Hotel by Radisson Donetsk name. The total<br />
number of rooms at the hotel is 172. The hotel will start receiving<br />
guests in the first half of 2012.<br />
In December, ESTA Holding purchased a 50% share in the<br />
second line of Leonardo Business Center in Kiev.<br />
ESTA Holding created a division to be in charge of developing<br />
the Group's hotel business, particularly, developing ESTA's<br />
hotel projects portfolio, increasing its effectiveness, as well as<br />
raising hotel service quality standards.<br />
<strong>SCM</strong> Group's business
Change language