1. EP BIH

2. Company profile Generation, distribution & supply of electricity
Established in 1946
Share Capital billion EUR (90 % state & 10 % private share)
Operates with 2 TPPs, 3 HPPs & 8 small HPPs
The biggest company in B&H

3. Company structure Generation Distribution & Supply ED Bihac ED Tuzla
TPP Tuzla
ED Bihac
ED Tuzla
TPP Kakanj
ED Zenica
ED Sarajevo
HPP on Neretva
90% state
10% private
ED Mostar

4. Current facts
2012

5. Company’s key indicators
Description
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Shareholders capital
1,144
mil. €
Operational revenues
454.0
467.1
431.3
Operational expenditures
378.3
397.1
369.3
EBITDA
75.7
70.0
62.0
Profit/Loss
3.6
0.8
- 7.4
Production
6,509
7,295
7,181
GWh
Installed capacity
1,682 MW
Number of customers
Number of employees
4.873
4.878
4.934

6. Balance Sheet 2012 (€ million)
*excluding coal mines

7. Financial results 2012 (€ million)

8. Production indicators
GWh
2011
2012 %
Production
7,295
6,509
-10.8%
Thermal
6,138
5,368
-12.5%
Hydro
1,157
1,141
-1.4%
Hydro %
16%
17%
End users (Gross)
4,820
4,900
+1.6%
Balance
2,475
2,129
-14%
Reduced production in 2012:
due to reconstruction of
Unit 6 in TPP Tuzla

9. Production and coal supply
Thermal power generation is dominant and is participating in total production between 70 – 80%
Hydro power generation is inferior and is participating in total production between 20 – 30%
EPBiH is 100% owner of seven coal mines within FBiH
More than 85% of the total coal is produced within own coal mines
Price of coal is defined by the FBiH Government (90% owner of EPBiH)
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2,940
3,488
3,409
4,087
4,306
4,606
4,622
4,985
5,139
5,730
5,657
5,362
6,192
6,232
Coal purchase in 2012:
6,232 thousand tons
+0,6% compared to 2011

10. Average electricity market sales price
Year
2006
2007
2008
2009
2010
2011
2012
Average price (€/MWh)
35.4
47.0
56.3
64.9
44.9
51.1
53.3

11. NEW CAPITAL INVESTMENTS
IN EPBiH

12. Background of the opportunity
Bosnia and Herzegovina is the country with the highest
energy potential in Southeastern Europe:
Bosnia and Herzegovina is a net exporter of electric power
8.1% of Bosnia’s total exports is related to electric power
Total currently installed and operating capacity MW
Energy production capacities are not fully exploited.
The total estimated hydro potential in BIH is estimated of
23,395 GWh/per year (of which only approx. 25% are being utilized)
BIH has significant reserves of coal (3.7 billion tons of lignite and 2.2 billion tons of brown coal) which allow development of new thermal power plants.
The Government of the Federation of BIH announced a series of projects in the energy sector in the total value of € 5 billion as a major building block of the economic strategy of the country

13. Investment environment
DRIVERS
Reliable energy supplier in the country and region;
Meet the requirements of EU & increase of generation from renewable energy sources;
What will we do?
Uptake new technologies
Significantly reduce CO2 emissions
Increase the efficiency of existing thermal power plants (replacement project)
Diversify the energy portfolio and increase the reliability
Improve distribution network
Jobs creation
Massive investments needed in energy sector
Increasing demand for energy
Volatility in energy prices
Frequent outages
Resource endowment
Technical Capacity
Projects are based on Strategic plan and program of development of energy sector in
Federation of B&H and Government decisions

14. Renewable Energy PP - Hydro
List of the planned projects
Thermal PP
TPP Tuzla, Unit 7
TPP Kakanj, Unit 8
TPP Bugojno, Unit 1
CCGT Kakanj
Renewable Energy PP - Hydro
HPP Vranduk
HPP Janjići
HPP Ustikolina
HPP Čaplje
HPP Kruševo & HPP Zeleni Vir
HPP Kovanići
HPP Vrhpolje
SHPP on Neretvica river
WF Podveležje
WF Vlašić
Renewable Energy PP - Wind
WF Podveležje
WF Vlašić

15. Investment Plan

16. Project description TPP Kakanj - summary
Basic project data
Items
Values
Installed power
300 MW
Production (based on hours of production)
1.755 GWh
Efficiency in condensing mode
39%
Efficiency in co‐generation mode
> 70%
Coal consumption
1,3 million tons/year
Emission SO2
< 200 mg/Nm3
Emission Nox
Emission Dust
< 20 mg/Nm3
Total Investment
Items
Values
Estimated total investment costs
€ 529 million
Project development timelines
Items
Values
Call for expresesion for interest
June 2013
Selection of project partner
September 2013
Closing of partnership aggreement
February 2014
Project implementation
May 2014
Issuance of the construction permit
September 2014
Start of civil works for the main power building (MPB)
March 2015
Start of commercial production
September 2019

17. Project description TPP Kakanj - Heating pipeline
Basic project data
Items
Values
Lenght from Kakanj to Zenica
33 km
Diametar
700 mm
Estimated total investment cost
€ 61,6 milion
EPBiH interest
Efficiency increasing of existing and future units
Assure market for heating energy in long term period
Revenue increasing
Meet the requirements of EU
Reducing of emissions
Local community interest
Stable heating sistem
Less polution
Energy efficiency
Job creation

18. Project description HPP Ustikolina
Overview
The HPP «Ustikolina» is located on the Drina river
4 HPP already exist on river Drina
Connection to a grid is secured.
Positive & Enviromental impacts
Independent energy production source for the region
Waterflow control system improvement
Water supply system improvment
Development of fish farms
Job creation

19. Project description HPP Ustikolina - summary
Total Investment
Items
Values
Estimated total investment costs
€ 123 million
Basic project data
Items
Values
Installed power
60 MW
Annual production
247 GWh
Project development timelines
Items
Values
Preliminary design
May 2013
Location permit
December 2013
Closing of financial structure
March 2014
Issuance of the construction permit
December 2014
EPC tender
March 2015
Start of civil works for the main power building (MPB)
September2015
Start of commercial production
March 2019

20. Amil Kamenica – Executive Director for Capital Investment
Elvedin Grabovica - General manager
Edin Mujagic - Executive Director for Economic Affairs
Tel:
Fax: