Interconexion Electrica Sa Esp · BVC:ISA

Interconexion Electrica Sa Esp — Q2 2019 Earnings Presentation

16 slides from Interconexion Electrica Sa Esp's earnings presentation, Aug 6, 2019

  1. Slide 1: Financial Results 2019 Second Quarter

    Financial Results 2019 Second Quarter August 6, 2019 © ALL RIGHTS RESERVED BY INTERCONEXIÓN ELÉCTRICA S.A. E.S.P.

  2. Slide 2: Agenda

    Agenda 1. Highlits 2. Quarterly Results 3. Q&A 2 ISA S.A. E.S.P. 2 2Q19 FINANCIAL RESULTS

  3. Slide 3: Projects that entered into operation

    Projects that entered into operation CARDONES - POLPAICO Pan de Azúcar – Polpaico tranche 412 km transmission lines Santiago USD 31,7 million annual revenues Interchile USD 32,7 EXPANSION 19 USD 1 million annual revenues Annual Red de Energía del Perú: REP revenues 3

  4. Slide 4: ISA Credit Risk Ratings

    ISA Credit Risk Ratings AAA (col) bond rating BBB+ International Corporate Rating Stable outlook May 2019 Baa2 International Corporate Rating, Stable outlook May 2019 ISA S.A. E.S.P. 4 2Q19 FINANCIAL RESULTS

  5. Slide 5: Shareholding Structure

    Shareholding Structure NUMBER OF NUMBER OF SHAREHOLDER SHARES % SHARES % DECEMBER 31-18 JULY 31-19 STATE INVESTORS 682.078.108 61,58% 667.196.974 60,23% COLOMBIAN GOVERNMENT 569.472.561 51,41% 569.472.561 51,41% EMPRESAS PÚBLICAS DE MEDELLÍN 112.605.547 10,17% 97.724.413 8,82% The float grew to PRIV

  6. Slide 6: Financial Results 2019 Second Quarter

    Financial Results 2019 Second Quarter Consolidated information in Colombian pesos ISA continues to grow profitably. In June ROE reached a record high SECOND QUARTER 15,0 SIX-MONTHS ENDED JUNE Operating Revenues % Operating Revenues COP 2,1 trillion COP 3,9 trillion EBITDA EBITDA COP 1,4 trillion COP

  7. Slide 7: Operating Revenues

    Operating Revenues CONSOLIDATED INFORMATION Figures in COP trillion 24,0% 6M19 Operating revenues 37,5% COP 3,9 COP 3,2 COP 2,1 COP 1,5 Others 1,4 1,7 2,8 3,3 1,3% Roads 15,9% 2Q18 2Q19 6M18 6M19 Peru Colombia Telco 18,5% 29,7% Construction Operation 5,1% Quarter • Entry into operation of new projec

  8. Slide 8: Operating Costs and Expenses

    Operating Costs and Expenses CONSOLIDATED INFORMATION Figures in COP trillion 9,6% 14,3% COP 1,7 6M19 OPERATING COSTS AND EXPENSES COP 1,5 COP 0,9 COP 0,8 1,2 1,3 Others 0,6 0,7 1,1% Telco 12,4% 2Q18 2Q19 6M18 6M19 Peru 20,9% Colombia Construction Operation 37,4% Roads 14,6% Quarter • Entry into ope

  9. Slide 9: EBITDA

    EBITDA CONSOLIDATED INFORMATION Figures in COP trillion 31,5% 50,6% COP 2,7 6M19 EBITDA COP 2,0 COP 1,4 COP 0,9 1,2 Others Telco 0,9 2,0 2,4 1,4% Roads 1,7% 2Q18 2Q19 6M18 6M19 Colombia 14,1% Peru Construction Operation 19,4% 24,2% EBITDA Margin 69,4% 72,6% 70,7% 72,1% Chile 67,8% 67,7% 17,5% 61,9%

  10. Slide 10: Net Income

    Net Income CONSOLIDATED INFORMATION Figures in COP trillion 49,5% 89,1% COP 0,8 6M19 Net Income COP 0,5 COP 0,4 COP 0,2 0,4 0,5 0,7 0,2 2Q18 2Q19 6M18 6M19 Others Construction Operation 0,8% Peru Colombia 14,7% COP 0,68 Energy 26,6% Net Margin 21,8% 21,0% COP 0,13 Roads 20,9% 19,0% 17,7% 20,2% 16,8%

  11. Slide 11: Balance Sheet

    Balance Sheet CONSOLIDATED INFORMATION Figures in COP trillion 5,1% Assets as of June 2019 COP 47,3 COP 45,0 COP 27,9 7,4% COP 26,0 Others Telco 0,5% Roads 1,6% Peru Colombia 4,9% 19,2% COP 7,5 14,2% 20,5% COP 7,1 COP 11,9 COP 11,9 0,3% 2018 2Q19 Assets Equity Minority Interest Liabilities Brazil Ch

  12. Slide 12: Debt

    Debt CONSOLIDATED INFORMATION Figures in COP trillion COP 0,78 COP 0,63 COP 0,16 COP 0,10 COP 18,3 Debt as of June 2019 -COP 0,01 -COP 0,08 -COP 0,1 Source Currency COP 17,6 Increase Decrease BRL Créditos Balance 2018 Chile Colombia Brazil Peru Bolivia Conversion Balance Bancarios 14,4% USD Effect J

  13. Slide 13: Investments and Projects

    Investments and Projects Accumulated investments as of June amounted to COP 1,02 trillion Peru 11,0% Other 0,1% Roads Telco 4,9% No. Projects 10,4% under Brazil 21,7% Colombia 35,6% Construction • 26 Energy Transmission Public calls for bid Energy 84,8% • 3 in Roads Chile 31,6% ISA S.A. E.S.P. 13 2Q

  14. Slide 14: 2019-2023 Capex

    2019-2023 Capex CONSOLIDATED INFORMATION Figures in COP trillion The investment amount estimated for the period is 2019-2023 Capex COP 11,9 (USD 3.791 million) Others Telco COP 4,3 0,2% 4,0% COP 3,0 COP 2,9 Peru Roads Colombia 22,1% 22,5% 23,9% COP 1,0 COP 0,7 2019 2020 2021 2022 2023 Colombia Chile

  15. Slide 15: Disclaimer

    Disclaimer ISA has prepared the following report for information purposes. The Company is not liable for any investment decision 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 risks and fac

  16. Slide 16: 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 TAX I.D.: 860.016.610-3 Phone: +57 4 3252270 Fax: +57 4 3170848 16 © ALL RIGHTS RESERVED BY INTERCO

Interconexión Eléctrica S.A. E.S.P. — Q2 2019 Earnings Presentation on 6ix