Transportadora De Gas Del Sur Sa Class B · BCBA:TGSU2
Transportadora De Gas Del Sur Sa Class B — Gas Transporter of the South — Q1 2022 Earnings Presentation
15 slides from Transportadora De Gas Del Sur Sa Class B's earnings presentation, May 9, 2022
Slide 1: Breakdown of operating costs and expenses 1Q2022 vs 1Q2021
The breakdown of operating costs, administrative and commercialization expenses , excluding depreciation, for 1Q2022 and 1Q2021 is shown in the table below:
Slide 2: Natural Gas Transportation
Natural Gas Transportation Operating profit before depreciation of the Natural Gas Transportation segment decreased by Ps. 1,673 million.
Slide 3: Natural gas transportation revenues and operational information
Natural gas transportation revenues accounted for approximately 22% and 32% of total revenues in 1Q2022 and 1Q2021, respectively. Revenues from this segment derive mainly from firm natural gas transportation contracts, which represented approximately 83% and 79% of the total revenues of this segment
Slide 4: Liquids production and commercialization operating profit
Operating profit before depreciation in this business segment during 1Q2022 was Ps. 831 million above 1Q2021, reaching Ps. 9,854 million (compared to Ps. 9,023 million recorded in 1Q2021). This variation mainly stems from the increase in revenues of Ps. 4,681 million, which were partially offset by
Slide 5: Other Services and Telecommunications
Other Services and Telecommunications This business segment mainly includes services such as midstream and telecommunications, representing approximately 9% of our total revenues in 1Q2022 and 1Q2021.
Slide 6: Other services results and financial position analysis: net debt
Operating profit before depreciation increased by Ps. 12 million mainly as a result of a Ps. 149 million increase in revenues in 1Q2022, which was partially offset by the increase in the operating costs of Ps. 140 million. The increase in revenues was mainly due to: (i) higher natural gas transporta
Slide 7: Liquidity and capital resources
Liquidity and capital resources The net variation in cash and cash equivalents for 1Q2022 and 1Q2021 was as follows:
Slide 8: Fund allocations as of March 31, 2022
As of March 31, 2022 and December 31, 2021, tgs´ fund allocations are as follows:
Slide 9: Reconciliation of free cash flows
Below is a reconciliation of the free cash flows for the 1Q2022 and 1Q2021:
Slide 10: 1Q2022 vs. 1Q2021 cash flow
1Q2022 vs. 1Q2021 During 1Q2022, the cash flow generated by the operating activities amounted to Ps. 14,399 million, Ps. 434 million above 1Q2021, and is explained by the increase in working capital, which was partially offset by lower operating profit.
Slide 11: Financial Information for 1Q2022 and 1Q2021
Transportadora de Gas del Sur S.A. Financial Information for the 1Q2022 and 1Q2021 (in millions of Argentine pesos, except for per share and per ADS information in pesos or where otherwise indicated) 192022 192021 Natural Gas Transportation 6,173 8,264 Liquids Production and Commerdalization 19,974
Slide 12: Financial results for 1Q2022 and 1Q2021
Financi. Financial income I Results for the 1Q2022 and 192021 (in million of Argentine Pesos) 022 192021 Interest 256 ‘eat Foreign exchange gain 2,465) ERSE] Subtotal 2,720 4,054 Financial expenses interest 088) (355) Foreign exchange loss (4,601) (6,787) Subtotal (5.681) (8,142) Other financial res
Slide 13: Transportadora de Gas del Sur S.A.
Transportadora de Gas del Sur S.A. 3672 Don Bosco St. (1206), Autonomous City of Buenos Aires, Argentina. https://www.tgs.com.ar/investors/Press-releases Transportadora de Gas del Sur S.A. 3672 Don Bosco St. (1206), Autonomous City of Buenos Aires, Argentina. https://www.tgs.com.ar/investors/Press-r
Slide 14: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position as of March 31, 2022 and December 31, 2021 (in million of Argentine pesos) 3/31/2022 12/31/2021 Assets Non Current assets Property, plant and equipment 173,435, 174,310 Investments in associates 68 38 (ther financial assets at amortized cost 24,361 26,051
Slide 15: Signatures
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Transportadora de Gas del Sur S.A. By: /s/Alejandro M. Basso Name: Alejandro M. Basso Title: Chief Fina
Gas Transporter of the South — Q1 2022 Earnings Presentation on 6ix