Nissan 17 April

# Template State Owned Enterprises- Company Overviews OCPA - Ministry of Industry & Minerals Note: All currency figures are in 000's of Iraqi Dinars unless otherwise noted. 1. General Information Company Name: The Nissan 17 April State Company Sector Engineering Brief Description Started in 1995, Company manufactures three distinct products: stainless steel & aluminum castings, signs (eg road signs) and medals (mostly for military). Revenue in 2002 (Iraqi Dinars '000s) 3425933.563 # of Employees 807 Annual Employee Salaries & Bonus 1380000 Headquarters Address Al-Amil Quarter, M803 R6 (Near Al Ahaab stadium, Al Rusafa side) 2. Company Highlights All facilities were massively damaged in war. Sign factory is only one that doesn't need to be completely rebuilt from the ground up. Iraqi government was main customer. Castings were used for oil, cement and electrical sectors. Focus should be on creating safety net for employees. Allocated $100K USD for 2H 2003 operating budget and provided with zero mw off of grid. 3. Facilities Name Province City Grid Damage % Power Needs Main Office 1 Medal Factory 0.9 Precision Castings Factory 0.8 Traffic Sign Factory 0.6 Value of All Plant & Equipment Before War, and Initial Purchase Dates and Prices for Major Items All plants value at 3.4B to 4.5B ID. Date of establishment 1995. Company provided prices paid for building and equipment, but different exchange rates were clearly used. Not enough data provided to calculate actual costs. 4. Products Product Name Unit Measurement Design Capacity Available Capacity 2002 Production 2002 Revenue Traffic Road Signs M^2 120000 60000 34000 Steel Castings Ton 578 140 65 Medals Units 600000 600000 540000 Aluminum Castings Ton 72 72 48 Description of Importance of Products to Other Iraqi Industries Castings used in many industries to make spare parts, including different kinds of casting for Cement factories (15,000 ID/Kg). Unclear if this demand can be satisfied through private suppliers and/or imports. 5. Customers Customer Name 2002 Revenue Subsidized (Y/N) Products Sold to Customer and Unit Pricing Ministry of Industry 772095 Iraqi Army Ministry of Transportation MIM SOEs (Sugar, Paper, Cement and Others) Ministry of Electricity Ministry of Oil 6. Suppliers Supplier Name 2002 Purchases Subsidized (Y/N) Products Purchased and Unit Pricing Private Sector #2 #3 Current Payment Terms From Suppliers 7. Imports & Exports 2002 Import Markets for Raw Materials USA, Germany and Turkey Potential Import Markets in Free Market 2002 Export Markets for Finished Products None Potential Export Markets in Free Market 8. Competition Description of Competitive Situation Market Share Description 9. Summary of War Damage & Looting of Property & Equipment Description of Damage Massive damage at all facilities. Sign factory is only salvageable one. Current Operating Status Not operational. Immediate Property & Equipment Needs To Restart Operations Rebuilding would essentially be a greenfield operation - starting from scratch. Total Cost to Return to Pre-War Condition $1M USD for property, and additional $5M USD for raw materials and equipment.