Aguas Andinas Sa Class A · BCS:AGUAS_A
Aguas Andinas Sa Class A — 1st Itaú BBA Conference in Santiago (August 2015)
23 slides from Aguas Andinas Sa Class A's conference presentation, August 2015
Slide 1: 1st Itaú BBA Conference in Santiago: Aguas Andinas Corporate Presentation
1ST ITAU BBA CONFERENCE IN SANTIAGO Aguas Andinas Corporate Presentation August 5 & 6 2015
Slide 2: 01 Our Company
01 OUR COMPANY
Slide 3: Aguas Andinas: Chile's Largest Sanitation Company
AGUAS ANDINAS Chile’s Largest Sanitation Company TARIFFS (Potable Water, Sewerage, and Sewage Treatment US$/m3) Coyhaique 3,17 Antofagasta 2,94 Copiapó 2,69 Natural regulated Iquique 2,38 100% de coverage in monopoly Punta Arenas 2,30 potable water and sewage Puerto Montt 2,26 treatment Arica 2,05 V
Slide 4: Corporate Structure
CORPORATE STRUCTURE World Class Controlling Shareholders Chilean Pension Funds CORFO 2,4% 5,0% SUEZ ENVIRONNEMENT is one of the leading water and sewage treatment players worldwide. 100% Stock Brokers 8,5% AGBAR is an international benchmark in the sanitation business with more than 150 years of Own
Slide 5: Integral Water Cycle Management
INTEGRAL WATER CYCLE MANAGEMENT 100% Coverage of Potable Water, Sewerage, and Sewage Treatment Ground and Surface Network of 15,218 Returning 100% sources kilometers Network of 12,348 100% of coverage 100% Sewage Treatment kilometers 5
Slide 6: Operational Ratios
OPERATIONAL RATIOS High Standards of Productivity and Quality of Service CLIENTS/EMPLOYEES BILLING/EMPLOYEES Th. M3 146 583 364 81 AGUAS ANDINAS INDUSTRY AVERAGE AGUAS ANDINAS INDUSTRY AVERAGE RUPTURES X 100 KMS. RUPTURES X 1,000 CLIENTS 1,90 19,50 7,90 0,53 AGUAS ANDINAS INDUSTRY AVERAGE AGUAS ANDI
Slide 7: 02 Our Industry and Regulatory Framework
02 OUR INDUSTRY AND REGULATORY FRAMEWORK
Slide 8: Water & Sewerage Industry in Chile
WATER & SEWERAGE INDUSTRY IN CHILE XV y I Region / Iquique Aguas Del Altiplano An example of a successful public-private alliance II Region / Antofagasta Aguas De Antofagasta III Region / Copiapó Aguas De Chañar IV Region / La Serena Aguas Del Valle TWO CONCESSION MODELS 1998 BEGINNING V Region / Va
Slide 9: Highly Regulated Sanitation Industry
HIGHLY REGULATED SANITATION INDUSTRY Proven, Stable, and Transparent Framework Regulatory framework in place more than 25 years MODEL COMPANY vs. REAL COMPANY Superintendence of Sanitation Services (SISS) acts as the regulator counterpart MODEL COMPANY AGUAS ANDINAS in tariff setting process, which
Slide 10: Stages of the Tariff Negotiation Process
STAGES OF THE TARIFF NEGOTIATION PROCESS From General Parameters To The Size Of The Model Company SISS DRAFT Parameters and Methodology for Tariff Process are published Aguas Andinas provides information on the “real” company to the SISS SISS study of model company Company study of model company Com
Slide 11: Aguas Andinas Tariff Process
AGUAS ANDINAS TARIFF PROCESS Technical Process Lasting One Year List of Final ‘middle parameters candidate’ and for Expert methodology Committee is published determined Tariff SISS SISS rules on requests New Tariff studies Expert Publication of observations minutes SISS Settlement Observations Admin
Slide 12: Resolution of Sixth Tariff Negotiation Process
RESOLUTION OF SIXTH TARIFF NEGOTIATION PROCESS An Agreement Was Reached with the SISS Maintain Aguas Andinas’ and Aguas Cordilleras’ tariffs as of December 31 2013. On November 14th, Aguas Andinas and its subsidiaries Aguas Cordillera and Aguas Manquehue, came to an – The new tariff decrees will app
Slide 13: Resolution of Sixth Tariff Negotiation Process: Changes with New Services
RESOLUTION OF SIXTH TARIFF NEGOTIATION PROCESS Changes In Tariffs When New Services Go Into Operation In addition to the indexation Additional tariffs when new works come into operation: polynomial, during the next five years, tariffs will change when new services Turbidity safety works: +1.1% in 20
Slide 14: 03 Investments
03 INVESTMENTS
Slide 15: Investment Plan for the Next Five Years
INVESTMENT PLAN FOR THE NEXT FIVE YEARS Ensuring The Continuity Of Service INVESTMENTS 2015- 2020 USD OBJECTIVE: Guarantee the continuity of our service even in Infrastructure replacement and operational adverse situations and the our clients are confident of this. improvement plans 900 MILLION Work
Slide 16: Safety Infrastructure Works
SAFETY INFRASTRUCTURE WORKS Increasing Potable Water Reserves A two-phase plan that will strengthen our network has been developed. Safety Infrastructure Projects – Phase I (completed): 7 new wells (500 liters per second) 6 storage tanks for drinking water with a capacity of 225,000 m3 Duct (4 m3/s)
Slide 17: Drought Mitigation Plan
DROUGHT MITIGATION PLAN Guaranteeing Water Supply For the Fifth Consecutive Year EMBALSE EL YESO VOLUME 120% New investments to increase capacity and agreements with primary users for the joint management of the Maipo river 100% Volume (% of capacity) 80% Measures taken by the company to mitigate th
Slide 18: Hydraulic Efficiency Plan
HYDRAULIC EFFICIENCY PLAN Decrease Losses From 30% to 20% In Five Years For the Company, the efficient use and distribution of water is a superior The Aguas Group currently has 30% of value that involves key aspects in the management of the water cycle in its water losses, which is below the differe
Slide 19: 2017 Expansion of Mapocho Treatment Plant
2017 EXPANSION OF MAPOCHO TREATMENT PLANT Ensuring The Response To The Growth in Demand Fourth Stage of the Mapocho-Trebal Plant Project to be completed in 2017 Will increase the treatment capacity of the Trebal-Mapocho complex from 6.6 m3 to 8.8 m3 Main benefits: Respond to increasing demand Streng
Slide 20: 04 Financial Information
04 FINANCIAL INFORMATION
Slide 21: Financial Performance as of March 2015
FINANCIAL PERFORMANCE AS OF MARCH 31 2014 Revenue and EBITDA CAGR Of 7.6%* Millions of CLP REVENUE EBITDA & EBITDA Margin 500.000 300.000 80% 273.637 440.734 450.000 402.624 242.404 247.277 70% 382.886 250.000 227.658 400.000 363.733 204.358 60% 350.000 328.964 200.000 50% 300.000 250.000 150.000 40
Slide 22: Debt Structure as of March 2015
DEBT STRUCTURE AS OF MARCH 31 2015 Keeping a Net Debt / EBITDA Ratio Under 3 Millions of Pesos 120000 100000 80000 60000 40000 20000 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 Promissory Notes Bonds Bank Loans Leverage: 1.26x
Slide 23: PORQUE ENTREGAMOS
666 66 é PORQUE ENTREGAMOS 9d gua, vida A andinase
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