Transmissora Alianca De Energia Eletrica S.a. · BMFBOVESPA:TAEE3
Transmissora Alianca De Energia Eletrica — Taesa — Q4 2024 Earnings Presentation
15 slides from Transmissora Alianca De Energia Eletrica's earnings presentation, Mar 19, 2025
Slide 1: 4Q24 and 2024 Earnings Release
SE Assis (ATE/ETEO) 4Q24 and 2024 Earnings Release Mach 19, 2025
Slide 2: Disclaimer
Disclaimer The individual and consolidated financial projections were prepared in accordance with accounting practices adopted in Brazil, encompassing corporate legislation, pronouncements, guidelines and interpretations issued by the Accounting Pronouncements Committee (CPC), in addition to the rul
Slide 3: Mission, Vision, Values
Mission We connect Brazil with safe and reliable electric power. Vision To be the electric power transmission company of greatest Value to society. Values • We genuinely care for people. • We act with integrity building relationships of trust. • We seek excellence in everything we do. • We are TAESA
Slide 4: 2024: Innovation and efficiency
2024: Innovation and efficiency Outline of the Shared Cost Services Center Review of the corporate value chain and internal processes Implementation of cost efficiency programs with the help of specialized consultancy Review of the Organizational Structure focusing on strategic areas Implementation
Slide 5: 4Q24 and 2024 Highlights
4Q24 and 2024 Highlights FOOTNOTES 4Q24 regulatory earnings affected by non-recurring events related to review of provisions and inventory assessment. RAP for 4Q24 registered growth of 1.6% compared to the previous year, even with negative IGP-M for the 2024-2025 cycle. Recurring OPEX for the quarte
Slide 6: Regulatory Net Income 4Q24
Regulatory Net Income 4Q24 (R$ MM – Taesa consolidated) -14.9 : Retroactive unitization of assets -32.5% -13.5 : Increase in (-96.7) unitization volume 65.3 (mainly Saíra) 297.4 28.4 54.5 12.0 200.6 91.1 +10.3 : RAP (Macro effects and Novatrans +34.4 : Net revenues (Macro effect, reinforcements) ret
Slide 7: Regulatory Net Income 2024
Regulatory Net Income 2024 ((R$ MM – Taesa consolidated) -14.9 : Retroactive -7,5% unitization of assets -13.9 : Increase in 1.071,3 (-79,8) unitization volume (mainly Saíra) 99,2 83,1 991,5 28,8 138,1 95,2 -15.3 : RAP (Net effect of complementary EUST +50.9 : Net revenues (Macro effect, start-up of
Slide 8: Adjusted Regulatory EBITDA
Adjusted Regulatory EBITDA* (R$ MM – Taesa consolidated) Adjusted Net Revenues (R$ MM – Taesa consolidated) 0.0% 2,343.9 2,343.8 +1.2% Adjusted EBITDA 583.9 591.1 (R$ MM – Taesa consolidated) EBITDA Margin 83.5% 83.3% -0.2% 4Q23 4Q24 2023 2024 81.5% 81.2% 1,956.9 1,953.2 +0.8% Adjusted OPEX 480.0 (R
Slide 9: Net Income IFRS 2024
Net Income IFRS 2024 (R$ MM – Taesa consolidated) +23.8% (+326.2) 236.6 299.7 95.1 6.8 1,693.9 108.2 1,367.7 -51.1 : Financial expenses (Higher volume of debt (CDI+IPCA) and +270.3 : Monetary restatement increase in IPCA, partly offset by revenues (increase in macro indices, contraction in CDI index
Slide 10: Projects under construction
Projects under construction (R$ MM) Energization of Novatrans reinforcements delivered 3 to 6 months ahead of schedule and total authorized RAP of R$ 38.9 MM (R$ 20.8 MM energized in 743 km 2024) RS Saíra RAP/CAPEX1: 182.0 / 1,176 Progress2 90.2% 100% Taesa ANEEL’s Deadline: mar/28 Concession Maturi
Slide 11: Indebtedness
Indebtedness (R$ MM – Taesa with proportional consolidation) Net Outstanding Debt Debt Amortization Profile 4.0 4.0 4.0 3.8 3.7 Average cost of debt (real): 5.37% (pre-tax) 5,572 10,782 11,106 10,960 11,134 10,605 Average debt term: 4.7 years 2,045 1,571 1,079 1,277 1,034 Cash 535 Balance 4Q23 1Q24
Slide 12: Earnings Distribution Announcement R$ 900.1 MM
Earnings Distribution Announcement Earnings Distribution for the 2024 fiscal year R$ 900.1 MM Board of Directors’ Meeting March 18, 2025 90.8% Board of Directors proposes the distribution of: Regulatory NI Payout R$ 301.5 million Distribution Announcement Rationale as remaining mandatory minimum div
Slide 13: Rationale for the proposed earnings distribution for the 2024 Fiscal Year
Rationale for the proposed earnings distribution for the 2024 Fiscal Year Regulatory Net Income Distribution Basis (R$ MM) 991.5 7.3 998.8 249.7 749.1 As 75% of the regulatory net income is less than the mandatory minimum dividend, TAESA proposes to Regulatory Return of 6M24 Adjusted NI 2024 25% to
Slide 14: Q&A Session
Q&A Session
Slide 15: taesa’
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