Interconexion Electrica Sa Esp · BVC:ISA

Interconexion Electrica Sa Esp — Q2 2020 Earnings Presentation

25 slides from Interconexion Electrica Sa Esp's earnings presentation, Aug 6, 2020

  1. Slide 1: Financial Results 2020 Second Quarter

    FINANCIAL RESULTS 2020 Second Quarter August 6, 2020 © ALL RIGHTS RESERVED BY INTERCONEXIÓN ELÉCTRICA S.A. E.S.P.

  2. Slide 2: Agenda

    RELEVANT 1 EVENTS 2 FOLLOW-UP ON THE ENERGY TRANSMISSION BUSINESS UNIT 3 F I N A N C I A L R E S U LT S 4 FUTURE PROSPECTS 5 Q&A 2 ISA S.A E.S.P. – FINANCIAL RESULTS 2Q20 © A L L R I G H T S R E S E R V E D B Y I N T E R C O N E X I Ó N E L É C T R I C A S . A . E . S . P .

  3. Slide 3: Relevant Events

    RELEVANT EVENTS Bernardo Vargas Gibsone CEO © A L L R I G H T S R E S E R V E D B Y I N T E R C O N E X I Ó N E L É C T R I C A S . A . E . S . P .

  4. Slide 4: Financial, ESG and Covid-19 highlights

    Financial ESG* Covid-19 COP 3,2 trillion ISA is one of the top 3 EBITDA 6M 20 companies with the best Impact on business + 20% vs 6M 19 private social investment strategy in Colombia ** Risk ratings Our people affirmations Otras Miradas program Resilience of the ISA share Conexión Jaguar Communities

  5. Slide 5: Covid-19 Handling and Impact

    COVID-19 HANDLING AND IMPACT Our Business People Community ➢ Energy ➢ Priority: health, well-being, and ➢ Progress made in the Innova safety of our employees por la Vida program ➢ Roads ➢ Design and execution of work ➢ Promotion of research projects ➢ Telecommunications protocols at our universities

  6. Slide 6: Follow-up on the Energy Transmission Business Unit

    FOLLOW-UP ON THE ENERGY TRANSMISSION BUSINESS UNIT César Ramirez C h i e f E n e r g y Tr a n s m i s s i o n O f f i c e r © A L L R I G H T S R E S E R V E D B Y I N T E R C O N E X I Ó N E L É C T R I C A S . A . E . S . P .

  7. Slide 7: Project Management: Gradual resumption of construction works

    Project Management Gradual resumption of construction works March April May June July CO / PE / CL CO CL PE Interruption of on-site activities Gradual resumption of activities Interruption of work in some areas due to BR Specific project restrictions restrictions Quarantined On-site contrator Covid-

  8. Slide 8: Project Management: Resumption of project construction activities

    Project Management Gradual resumption of construction works Resumption of project construction activities Projects that Projects On-site contrator Country suspended April May June August workers works reactivated CO 9 SITU CECO TROC, AVUC REN1, BTCA LBOS 9 3,013 CESM TRIPLEA 100% 90% CL 3 PLEX7 PLEX

  9. Slide 9: Project Management: Higher costs

    Project Management Higher costs USD 29 million Average delay: 3 months 3,6 3,3 TCA ITCH 3,0 Average REP 0,2 2 6,7 2,2 2,0 ITCO 20 REP ITCH ITCO CTEEP TRAN Cause: ▪ Suspension of activities and subsequent resumption ▪ Implementation of actions to resume activities during the Covid-19 pandemic ▪ Longe

  10. Slide 10: Infrastructure maintenance is essential to ensure service continuity

    Infrastructure maintenance is essential to ensure service continuity Impacts Actions • Re-scheduling of non-essential activities • Prioritization of activities and resources • Restrictions by local authorities to access • Separate, independent groups workplaces (independent work cells) • Impact on s

  11. Slide 11: Operators: operation process without interruptions

    The operation process has been carried out without interruptions Impacts Actions • 7 Operators infected and asymptomatic: • Distributed operators’ work Brazil, Chile, and Colombia • Work during confinement: • 7 recovered CTEEP, TRANSELCA, REP (at the premises of the company or hotels) • Remote acces

  12. Slide 12: Business: Revenue collection in the whole Group

    Business Regulatory measures Country Colombia Brazil Peru Bolivia Chile (% revenues) (25%) (42%) (26%) (2%) (5%) Relief measures No service cuts, and deferred payment of the bill for users (measures initially applied in April-June and possible extension until July) Users benefiting • Strata 1-4 Cons

  13. Slide 13: Financial Results

    FINANCIAL RESULTS Carolina Botero Chief Financial Officer © A L L R I G H T S R E S E R V E D B Y I N T E R C O N E X I Ó N E L É C T R I C A S . A . E . S . P .

  14. Slide 14: Financial Performance

    FINANCIAL PERFORMANCE C O N S O L I D AT E D I N F O R M AT I O N EBITDA 6M Net Income 6M ROE COP 3,2 trillion COP 0,9 trillion COP 14,4% + 20% vs 6M 19 + 17% vs 6M 19 + 120 pbs vs 2019 + 27% vs 2T 19 + 25% vs 6T 19 •Entry into operation of projects in Colombia, Chile, and Peru •Higher RMR in Colomb

  15. Slide 15: EBITDA

    EBITDA Others CONSOLIDATED INFORMATION 1,3% Figures in COP billions Peru Colombia 19,9% 17,6% EBITDA margin 67% BY COUNTRY Chile EBITDA margin 13,5% 69% + 20% Brazil $3.172 47,7% $2.652 + 30% Roads Telco $ 1.852 9,5% 2,1% $1.425 BY BUSINESS UNIT 2T19 2T20 6M19 6M20 Energy 88,4% Construction Construc

  16. Slide 16: Net Income

    NET INCOME CONSOLIDATED INFORMATION Figures in COP billions Change vs + 20% + 18% + 20% + 6% + 23% + 39% + 17% 6M 19 Net Margin $ 331 19,6% $ 636 BY COUNTRY $ 577 $ 3.172 $ 2.841 $ 699 $ 929 EBITDA prov, dep, amor, EBIT Net financial Taxes Minority Net Income 6M 20 others net 6M20 16 ISA S.A E.S.P.

  17. Slide 17: Financial Indicators

    FINANCIAL INDICATORS CONSOLIDATED INFORMATION Net Debt / EBITDA ROE 14,4 12,8 13,2 2,2 1,5 1,9 10,4 11,7 12,2 OPERATING EBITDA MARGIN 3,0 2,4 2,7 3,0 2018 2019 6M20 2018 2019 6M19 6M20 78% ROE % 72% 72% 72% ROE % excluyendo ROE % excluding extraordinary events los eventos extraordinarios Eventos ext

  18. Slide 18: Debt

    DEBT CONSOLIDATED INFORMATION Figures in COP millions BRL 14,2% USD 40,8% + 14% UF+CLP DEBT BY 21,5% CURRENCY $1.601.943 $20.549.331 $896.044 COP 23,5% $605.579 $18.051.344 $412.606 $245.813 $337.945 Bank Créditos Loans Bancarios 35,5% Balance as Saldo 2019 Chile Colombia Brazil Brasil Peru Perú Exc

  19. Slide 19: Consolidated Cash Flow

    CONSOLIDATED CASH FLOW CONSOLIDATED INFORMATION Figures in COP billions APPLICATIONS SOURCES $ 2.118 $ 2.073 $ 448 $ 6.485 $ 1.026 $ 306 $ 1.477 $ 507 $ 3.542 $2.487 Final SaldoCash final Caja de operación Operating cash Rendimientos Returns andy Desembolsos Loan de Caja Totaldisponible Sources Cape

  20. Slide 20: Future Prospects

    FUTURE PROSPECTS Bernardo Vargas Gibsone CEO © A L L R I G H T S R E S E R V E D B Y I N T E R C O N E X I Ó N E L É C T R I C A S . A . E . S . P .

  21. Slide 21: Committed Capex 2020-2024

    COMMITTED CAPEX 2020-2024 CONSOLIDATED INFORMATION Others Figures in COP billions 0,1% Peru 23,6% Colombia The investment amount estimated for the period is 27,5% USD 4.012 million (COP 14,9 trillion) BY COUNTRY Chile Brazil 20,1% 28,6% Telco 3,1% Roads 20,9% Brazil Peru Others BY BUSINESS UNIT Numb

  22. Slide 22: Growth with Sustainable Value

    GROWTH WITH SUSTAINABLE VALUE • Progress in the Road Concessions business unit • First issue in the public securities market of Green Bonds in Colombia • Progress in New Energy Transmission Business Units • Digital Transformation topics 22 ISA S.A E.S.P. – FINANCIAL RESULTS 2Q20 © A L L R I G H T S

  23. Slide 23: Q&A

    Q&A © A L L R I G H T S R E S E R V E D B Y I N T E R C O N E X I Ó N E L É C T R I C A S . A . E . S . P .

  24. Slide 24: Disclaimer

    DISCLAIMER ISA has prepared the following report for information purposes. The Company is not responsible for any investment decision made, based on this report. The statements contained herein reflect our current points of view regarding future events, are based on assumptions and are subject to ri

  25. Slide 25: Contact Us

    Contact Us Investor Relations InvestorRelations@isa.com.co (574) 315 72 88 (574) 315 74 70 CONNECTIONS THAT INSPIRE ISA S.A. E.S.P. Calle 12 Sur 18 – 168 Medellín, Colombia www.isa.co TAX I.D.: 860.016.610-3 Tel: +57 4 3252270 Fax: +57 4 3170848 © A L L R I G H T S R E S E R V E D B Y I N T E R C O

Interconexión Eléctrica S.A. E.S.P. — Q2 2020 Earnings Presentation on 6ix