Interconexion Electrica Sa Esp · BVC:ISA

Interconexion Electrica Sa Esp — Q1 2019 Earnings Presentation

17 slides from Interconexion Electrica Sa Esp's earnings presentation, May 7, 2019

  1. Slide 1: Financial Results First Quarter 2019

    Financial Results First Quarter 2019 May 7, 2019 ©ALL RIGHTS RESERVED BY INTERCONEXIÓN ELÉCTRICA S.A. E.S.P.

  2. Slide 2: Agenda

    Agenda 1. Highlights 2. Financial Results 3. Q&A 2 ISA S.A. E.S.P. 2 FINANCIAL RESULTS1Q19

  3. Slide 3: General Shareholder Meeting Highlights

    General Shareholder Meeting ✓ Dividends were approved for $ 611.438 million ($ 552 per share), payable in two equal installments on July 24 and December 11. ✓ They keep 7 independent members of 9. Highlights ✓ Representation of the Nation: change in the position of Deputy Minister of Finance by the

  4. Slide 4: ISA 2030 Strategy

    ISA 2030 Strategy Growth with sustainable value Create Social and Environmental Impact Invest USD2,000 million Achieve a minimum increase in new energy businesses of 70% in EBITDA Reduce 11 million Invest USD150 million Invest USD10,500 million of tCO2e in entrepreneurship in business and current ge

  5. Slide 5: CTM Issued International Green Bonds

    CTM Issued International Green Bonds ✓ The resources will be invested in projects with environmental benefits. ✓ The placement had an oversubscription of 5.7 times the amount offered. ✓ Second company of the ISA Group in issuing bonds with green seal. ✓ First company in Peru to issue green bonds. ✓

  6. Slide 6: Financial Results First Quarter 2019 Considerations

    • New projects came into operation that contribute USD 11,1 million in annual revenues. Financial Results • In Brazil: Monthly adjustment of First Quarter 2019 the tariff cycle and the Implementation of the "Contractual Asset" model. Considerations ISA S.A. E.S.P. FINANCIAL RESULTS1Q19 6

  7. Slide 7: Consolidated Information

    Financial Results First Quarter 2019 CONSOLIDATED INFORMATION ISA continues to grow with profitabilily In 1Q19, the ROE reached a 13,9% Operating Revenues Net Income COP 1,8 trillion COP 353.125 million Net Margin 19,4% EBITDA Assets COP 1,2 trillion EBITDA Margin 67,6% Excluding construction 71,5%

  8. Slide 8: Operating Revenues

    Operating Revenues CONSOLIDATED INFORMATION Figures in COP trillion 1Q19 Operating Revenues COP 1,8 COP 1,6 11,3% 1,6 1,5 Telco Others 5,2% 1Q19 1Q18 1,2% Roads Peru 16,3% Colombia Construction Operation 18,6% 30,5% Quarter • Start up into operation of new projects. Brazil Chile • Monthly update of

  9. Slide 9: Operating Costs and Expenses

    Operating Costs and Expenses CONSOLIDATED INFORMATION Figures in COP trillion COP 0,8 COP 0,7 1Q19 Operating Costs and Expenses 4,7% 0,6 0,6 Others Telco 0,8% 12,7% 1Q19 1Q18 Peru Roads 20,5% Colombia 14,4% Construction Operation 38,3% Quarter • Start up of operations in new projects. Brazil 20,7% E

  10. Slide 10: EBITDA

    EBITDA CONSOLIDATED INFORMATION Figures in COP trillion $ 1,2 $ 1,1 14,7% 1Q19 EBITDA 1,1 1,1 1Q19 1Q18 Construction Operación Others Telco 1,5% Roads 1,8% Peru Colombia 14,9% 20,3% 25,6% EBITDA Margin 71,5% 71,8% 67,6% Chile 65,6% Brazil 16,1% 1Q19 1Q18 36,5% Energy Total Excluding construction 83,

  11. Slide 11: Net Income

    Net Income CONSOLIDATED INFORMATION Figures in COP trillion COP 0,4 COP 0,3 18,7% 1Q19 Net Income 0 0 1Q19 1Q18 Excluding construction Operation Others 1,2% Peru Net Margin Colombia 17,5% 29,3% COP 0,30 Energy 20,2% 19,5% COP 0,07 Roads 19,4% 18,2% Brazil 31,5% Chile -COP 0,01 Telco 1Q19 1Q18 20,5%

  12. Slide 12: Balance Sheet

    Balance Sheet CONSOLIDATED INFORMATION Figures in COP trillion 0,1% 1Q19 Assets COP 45,0 COP 45,0 Telco Others Roads 1,7% COP 26,0 COP 26,6 2,4% Peru 0,5% Colombia 18,3% 14,3% 21,6% COP 7,1 COP 7,0 -1,3% COP 11,9 COP 11,4 2018 1Q19 -2,9% Brazil Chile Assets Liabilities Minority interest Equity 37,6%

  13. Slide 13: Debt

    Debt CONSOLIDATED INFORMATION Figures in COP trillion COP 0,02 COP 17,6 -COP 0,04 1Q19 Debt COP 0,09 COP 0,12 -COP 0,14 COP 17,4 -COP 0,01 -COP 0,22 Source Currency Increase Decrease BRL 14,7% USD Banks 42,6% 35,0% Indicators 5,75 5,97 5,73 5,01 5,24 Capital UF+CLP 3,25 3,00 3,14 3,03 2,95 Market 22

  14. Slide 14: Investments and projects

    Investments and projects FIRST QUARTER The investment amount estimated for the period is COP 556.353 million (USD 177 million) Chile Telco Projects under Roads 9,5% 6,0% 3,8% construction Colombia Brazil 36,4% 25,7% • 28 Public Calls for Energy Transmission. • 2 Roads Peru Energy 28,4% 90,2% ISA S.A

  15. Slide 15: Capex 2019-2023

    Capex 2019-2023 CONSOLIDATED INFORMATION Figures in COP trillion The investment amount estimated for the period is Capex 2019-2023 $10,5 (USD 3.459 millones) COP 4,2 Telco COP 3,1 Others 4,1% 0,2% COP 1,8 Peru Roads Colombia 24,8% COP 0,8 22,1% COP 0,6 21,4% 2019 2020 2021 2022 2023 Colombia Chile B

  16. Slide 16: Disclaimer

    Disclaimer ISA has elaborated the following report for information purposes. The company is not responsible for any investment decision made from this report. The statements included therein reflect our current points of view in relation to future events; they are based on assumptions and subject to

  17. Slide 17: Contacts

    Carolina Botero Londoño Chief Financial Officer Contacts Gloria Cecilia Velásquez T. Investor Relations InvestorRelations@isa.com.co ISA S.A. E.S.P. Calle 12 Sur 18 – 168 Medellín, Colombia www.isa.co NIT: 860.016.610-3 Phone: +57 4 3252270 Fax: +57 4 3170848 17 ©ALL RIGHTS RESERVED BY INTERCONEXIÓN

Interconexión Eléctrica S.A. E.S.P. (ISA) — Q1 2019 Earnings Presentation on 6ix