Asset Management Optimisation - Ciel Annual Report 2022

ASSOCIATED KPI

ROCE

PROGRESS THIS YEAR

• All clusters back to profitability with Group Profit After Tax increasing by 4.8x
• Increased value of portfolio by 29%
• Investments in new factory in Madagascar for Textile cluster
• Additional rooms and upgrading of facilities at C-Care in Mauritius and Uganda
• Increase in lab collection points for C-Lab
• Creation of Evolis Properties Limited to focus on generating value from non-core industrial properties across the Group and turn into yielding assets
• CIEL Properties Development Ltd launched La Pirogue Residences
• Decreased debt by MUR 1 bn

KEY CAPITALS IMPACTED

SDGS TACKLED

ASSOCIATED RISKS

STAKEHOLDERS BENEFITTED

• Customers
• Employees
• Government
• Shareholders
• Financial and strategic partners

NEXT STEPS

• We continue to ensure profitability of existing assets
• We will continue to seek balance between efficiency and reliability
• Maintain suitable asset mix for long-term value creation
• Focus on Evolis Properties Limited and Ferney to unlock value
• Appropriate capital allocation strategies for growth sectors