aum presentation

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Alissa Universal Motors Co.LtdCompany Profile

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Company Overview

• Alissa Universal Motors Co. Ltd. (AUM) is the new name of the business unit that holds Isuzu franchise within Alissa group (previously Abdullatif Alissa Auto Co. Ltd.)

• AUM is established in January 2009 as a separate legal entity.

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Objectives

• More focus on Isuzu business.• Developing the network of sales and after

sales services.• More capabilities for business growth.• Improve decision making process.• Increase management effectiveness and

efficiency.

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Ownership and Managements

• Alissa Group holding company owns 95%.• Al Yusr Company “Member of Alissa Group”

owns 5%• Authorized Manager

– Eng. Abdul MohsenAbdullatif Alissa.

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Organizational ChartG.M.

Mazen Yousef

Marketing ManagerShady Ramadan

Truck Service Manager

David Du Toit

Pick Up Service Manager

Shakeel Akhthar

Parts ManagerShihada Deeb

Sales ManagerWassim Hajok

Group Support Functions:- HR- Training & IT- Ordering & Logistics-Finance

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Company Facilities

• Mekkah Road Showroom

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Company facilities cont….

• NRR showroom

Confidential

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Company facilities cont….

• Exit 18 workshop

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Company facilities cont….

• Malazworkshop

• Parts main center.

• Storage yard.

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AUM & sister companies

• AUM is supported by the group sister companies providing:– Sales Financing schemes through Al YusrCompany

(installment, Leasing)

– Daily rental and operational lease through BTC.

– Service and parts through Autostar company.

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Registration Record

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Opening Balance sheet2009

BalancesASSETSCurrent AssetsCash and bank balances 0Accounts receivable 28,512,185Due from Affiliates 0Inventories 390,605,737Prepaid expenses and other assets 2,747,487

Total Current Assets 421,865,409Non-Current AssetsInvestments in associated companies and other 0Property and equipment / Operating Vehicles Land 2,170,654

Total Non-Current Assets 2,170,654Total Assets 424,036,063

LIABILITIES & EQUITYCurrent LiabilitiesBanks Facilities 0Accounts payable (113,103,248)Due to Affiliates (242,052,404)Accrued expenses and other liabilities (2,541,310)Provision for Zakat 0

Total Current Liabilities (357,696,962)Non-Current LiabilitiesLong-term loans 0End-of-service indemnities 0

Total Non-Current Liabilities 0 Total Liabilities (357,696,962)

Equity Share capital (50,000,000)Statutory reserve 0suggested increase in the capital 0Retained earnings (16,339,101)

Total Equity (66,339,101)Total Liabilities and Equity (424,036,063)

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Current Situation

• Alissa has an official approval from Isuzu Motors for establishing the new company and signing the new dealer agreement with the new name by an official letter from Mr. Shintani.

• Correspondences between Alissa and Isuzu Motors updating the progress of establishing the new company.

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Next Step• AUM is waiting for the dealer agreement with the

new company name.

• The dealer agreement is essential for registering the dealership at Ministry of Trade and for participating in governmental tenders.

• Time is critical, we would like to finalize the dealer agreement as soon as possible.

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Thank you

Confidential