Presentation is loading. Please wait.

Presentation is loading. Please wait.

August 2011 Report on the Government Companies for the Year 2010.

Similar presentations


Presentation on theme: "August 2011 Report on the Government Companies for the Year 2010."— Presentation transcript:

1 August 2011 Report on the Government Companies for the Year 2010

2 #The Government Companies Authority The Government Companies in Figures in government companies and NPOs Approximately NIS 58 billion in revenues in 2010 A balance of approximately NIS 169 billion as at December 31, 2010 Approximately 57,600 employees at the companies as at December 31, 2010 Approximately NIS 14.6 billion in export revenues

3 #The Government Companies Authority The Companies Authority – General Structure Authority Director Legal Bureau Company Supervision, Control and Reporting Unit Monopolies and Structural Changes Unit Privatization Unit Public Corporations and Companies for the Benefit of the Public Unit

4 #The Government Companies Authority The Companies Spheres of Activity State of Israel Ports The Israel Ports Company The Port of Ashdod The Port of Haifa The Port of Eilat Roads and railways Israel Railways INRCNTA Ayalon Highways Trans- Israel Highway Defense industries Israel Military Industries Rafael Israel Aerospace Industries Mail Israel Posts Electricity, gas, fuel and water The Israel Electric Corporation Mekorot Oil and energy industries Netivey Hagaz Insurance and funds InbalAshra Housing, develop- ment and real estate AmidarArimIBC

5 #The Government Companies Authority The Companies Spheres of Activity Distribution of the Population of the Government Companies and Involvement by Operating Sector Housing, development and real estate Insurance and funds Electricity, gas, fuel and water infrastructures Defense industries Road and railway industries Ports Mail Other services

6 #The Government Companies Authority Aggregate Balance Summary of the government companies aggregate balance As of December 31, 2010 As of December 31, 2009 In NIS Millions Current Assets40,26338,550 Non-current Assets128,524127,424 Total Assets168,787165,974 Current Liabilities38,86233,507 Non-current Liabilities89,83592,509 Equity40,09039,958 Total capital and liabilities 168,787165,974

7 #The Government Companies Authority Aggregate Balance (continued) Distribution of the government companies balance as at December 31, 2010 in NIS millions In NIS Millions The Israel Electric Corporation 79,267 81,602 Israel Railways 19,591 18,095 Israel Aerospace Industries 15,846 15,021 Mekorot 13,464 12,958 Rafael 7,043 6,459 The Israel Ports Company 5,721 5,598 Israel Posts 4,307 4,034 The Ashdod Port Company 3,793 3,730 Israel Natural Gas Lines 3,634 3,047 The remaining companies 16,121 15,431 Total 168, ,974

8 #The Government Companies Authority Distribution of the government companies balance as at December 31, 2010 in NIS millions The Israel Electric Corporation Israel Railways Israel Aerospace Industries Mekorot Rafael The Israel Ports Company Israel Posts The Ashdod Port Company Israel Natural Gas Lines The remaining companies Aggregate Balance (continued)

9 #The Government Companies Authority Selected data from the government companies aggregate balance As of December 31, 2010 As of December 31, 2009 In NIS Millions Cash and cash equivalents11,72511,207 Customers10,54610,266 Long-term investments and accounts receivable 22,07121,791 Fixed Assets98,79798,476 Other accounts payable22,41019,754 Bonds34,79438,453 Other long-term liabilities34,93232,265 Aggregate Balance (continued)

10 #The Government Companies Authority Financial Data Financial data from the Government Companies Report: The Government Companies Results: In NIS Millions Total revenues57,78855,368 Total net profit8,870 9,672 Total operating profit3,306 4,512 Total net profit1,023 2,567 The States share in the profit997 2,533 The States share in the dividend that was paid Total profit of those companies that make a profit 1,968 3,266 Total loss of losing companies

11 #The Government Companies Authority Financial Data (continued) Breakdown of revenues by activity sector RevenuesProfit (loss) For the year 2010 in NIS millions Electricity, gas, fuel and water infrastructures 24, Defense industries20, Road and railway infrastructures5,950(225) Port infrastructures2, Mail infrastructures1,721(34) Housing, development and real estate Other services750(415) Insurance and funds32511 Total57,7881,023

12 #The Government Companies Authority Breakdown of revenues by activity sector Electricity, gas, fuel and water infrastructures Defense industries Road and railway infrastructures Ports Mail Housing, development and real estate Other services Insurance and funds Financial Data (continued)

13 #The Government Companies Authority Breakdown of the revenues of the main companies In NIS Millions The Israel Electric Corporation19,422 19,304 Israel Aerospace Industries11,752 11,329 Rafael6,911 6,321 Mekorot4,541 4,123 Israel National Roads Company (INRC) 3,688 3,589 Israel Military Industries1,744 1,901 Israel Railways1,721 1,574 Israel Posts1,143 1,652 The remaining companies6,8665,575 Total57,78855,368 Financial Data (continued)

14 #The Government Companies Authority Distribution of Government Companies Revenues in 2010 in NIS millions The Israel Electric Corporation Rafael INRC Israel Railways The Port of Ashdod The Port of Haifa Oil and Energy Infrastructures Israel Aerospace Industries Mekorot Israel Military Industries Israel Posts The Israel Ports Company Israel Natural Gas Lines The remaining companies Financial Data (continued)

15 #The Government Companies Authority The Government Companies Results in (in NIS millions) Gross profitOperating profit Net profit Financial Data (continued)

16 #The Government Companies Authority Breakdown of the change in operating profit (in NIS millions) Agriculture Bank The remaining companies The Israel Electric Corporation Israel Natural Gas Lines RafaelIsrael Military Industries Israel Aerospace Industries Israel Posts Financial Data (continued)

17 #The Government Companies Authority Breakdown of the change in net profit (in NIS millions) Agriculture Bank The remaining companies The Israel Electric Corporation Israel Natural Gas Lines RafaelIsrael Military Industries Israel Aerospace Industries Israel Posts Oil and Energy Infra-struct ures Israel Railways The Ashdod Port Company Financial Data (continued)

18 #The Government Companies Authority Distribution of the Government Companies Revenues from exports (in NIS millions ) Operating Sector Defense industries 14,514 12,890 Housing, development and real estate Other services 2 2 Total 14,565 12,920 Financial Data (continued)

19 #The Government Companies Authority Data on the government companies that distributed a dividend to the State (in NIS millions) Company Rafael Israel Aerospace Industries The Marine Trust Ltd 2.5 Arim Municipal Development Company Atarim 0.9 The Haifa Port Company The Ashdod Port Company 67.6 The Eilat Port Company 47.0 Oil and Energy Infrastructures 37.5 Environmental Quality Services 0.6 Financial Data (continued)

20 #The Government Companies Authority The Government Companies Employees Distribution of the government companies employees as at December 31, 2010 CompanyNumber of Employees Israel Aircraft Industries 16,815 The Israel Electric Corporation 12,896 Israel Posts 6,780 Rafael 6,142 Israel Military Industries 3,402 Mekorot 2,458 Israel Railways 2,117 The Ashdod Port Company 1,284 The Haifa Port Company 1,101 The remaining companies 4,619 Total 57,614

21 #The Government Companies Authority Distribution of the government companies employees as at December 31, 2010 Israel Aerospace Industries The Israel Electric Corporation Israel Posts Rafael Israel Military Industries Mekorot Israel Railways The Ashdod Port Company The Haifa Port Company The remaining companies The Government Companies Employees

22 #The Government Companies Authority Salary Cost at the Government Companies The average salary cost per employee in the economy in 2010 was NIS 99,000 The average salary cost per employee at a government company is NIS 284,100 CompanySalary cost (in NIS thousands) The Israel Ports Company421.4 The Ashdod Port Company404.3 Rafael380.9 The Haifa Port Company365.4 The Israel Electric Corporation321.3 Israel Aerospace Industries310.9 Israel Natural Gas Lines261.6 INRC257.4 Mekorot252.6

23 #The Government Companies Authority Data on the salary cost per employee at the main government companies Average salary cost in government companies Average salary cost in the market Salary Cost at the Government Companies Israel Natural Gas Lines The Israel Ports Company INRCThe Ashdod Port Company RafaelIsrael Aerospace Industries The Haifa Port Company MekorotThe Israel Electric Corporation

24 #The Government Companies Authority Investment in State Infrastructures The States investment in infrastructures by means of the government companies: Sphere of investmentInvestment in the years of Projected future investment (in NIS billions) Electricity The water sector Israel Railways INRC Netivei Israel Israel Natural Gas Lines NTA – Metropolitan Mass Transit System Total170

25 #The Government Companies Authority The Government Companies Investments in Development (in NIS millions) Company INRC 3,5003,400 The Israel Electric Corporation 3,0503,798 Israel Railways 1,9781,691 Mekorot Israel Natural Gas Lines Investment in State Infrastructures

26 #The Government Companies Authority The Government Companies in Figures Total 96 government companies 64 active government companies 10 main subsidiaries 18 mixed companies 4 governmental NPOs

27 #The Government Companies Authority INRC (Israel National Roads Company) Data on the growth in INRCs turnover (in NIS millions)


Download ppt "August 2011 Report on the Government Companies for the Year 2010."

Similar presentations


Ads by Google