Electric Power Development Co., Ltd. · TSE:9513
Electric Power Development — Q3 FY2010 Earnings Presentation
22 slides from Electric Power Development's earnings presentation, January 2010
Slide 1: 2010年3月期 第3四半期決算説明資料
2010 3 21 3 22 22 11 29 29
Slide 2: kWh
WS POWER kWh
Slide 3: Appendix
WS POWER orn onr~ O OD ao Aa A A A & & Appendix
Slide 4: Results summary
3 4 9 9 3 21 20 3 3 4-12 4-12 % 4,269 5,444 -1,174 -21.6% 368 650 -281 -43.3% 317 542 -224 -41.4% 223 294 -70 -24.0% 3
Slide 5: Ordinary income and net income changes
-281 8 8 8 -224 8 -70 8 8 4
Slide 6: Electricity sales volume
kWh -22 -1,174 -15 -71 kWh 5,444 472 400 4,269 3,630 -30% 398 2,528 -19% 82% 62% 322 840 -1% 833 IPP 142 -23% 110 424 +0% 425 62 +8% 67 82% 87% IPP 406 -8% 371 11 -4% 10 20 21 20 21 3 3 3 3 5
Slide 7: Income statement
21 20 3 3 4-12 4-12 4,269 5,444 -1,174 3,898 5,038 -1,139 371 406 -34 3,901 4,793 -892 3,503 4,358 -854 269 262 6 1,301 2,110 -809 346 376 -29 211 209 1 865 781 83 2 509 617 -108 397 435 -37 368 650 -281 138 119 19 92 75 16 46 43 2 189 227 -37 172 170 2 17 56 -39 317 542 -224 6
Slide 8: Cash flows
4 163 4 112 402 21 20 3 3 4-12 4-12 A 1,022 1,261 -239 B -909 -746 -163 -137 -449 312 A+B) 112 515 -402 7
Slide 9: Balance sheet
4 2 4 19.0 19.7 21 20 3 18,667 18,431 236 12,426 12,350 76 497 466 30 2,945 3,218 -273 2 341 276 65 2,456 2,119 336 1,603 1,623 -20 20,270 20,054 215 14,688 14,707 -18 1,562 1,526 36 16,251 16,233 17 22 19 2 3,997 3,801 195 4,019 3,821 198 20,270 20,054 215 D/E 3.7 3.9 19.7% 19.0% 8
Slide 10: Full-year forecast
21 * 21 20 3 * 5,670 4,269 7,049 460 368 571 350 317 395 240 223 194 21 * 20 21 88 83 kWh 35 437 491 88 88 35 64 76 70 / 93 101 * * 21 10 30 9
Slide 11: APPENDIX
WS POWER APPENDIX 10
Slide 12: 4 12
4 12 4 13 4 14 4 15 4 16 4 17 4 18 4 19 4 20 11
Slide 13: SPP (Small Power Producers) business
421 12 7 25 13 4 3 87 8 3 / * 4 21 11 SPP 7 MW) 4,000 160 2(2 ) SPP 7 3,500 3 140 780MW 110MW 6 120MW 1 3,000 2(1 ) 120 24 4 25 3 2,500 100 SPP Small Power Producers 87 85 78 1 2,000 80 2 1,500 60 1992 53 1,000 40 500 17 20 / / 0 0 20 3 104 3.0 17 18 19 20 21 21 3 90 2.7 3 * 12
Slide 14: Hydroelectric power generation volume
4 2008 4 - 2009 3 4 2009 4 - 2009 12 76 62 491 kWh 322 kWh 13
Slide 15: Wind power generation volume
4 2008 4 - 2009 3 4 2009 4 - 2009 12 88 87 83 kWh 67 kWh 14
Slide 16: J-POWER
WS POWER ttl 15
Slide 17: IPP and PPS power sales
4 IPP PPS 4 IPP PPS 2008 4 - 2009 3 2009 4 - 2009 12 16 kWh 10 kWh 16
Slide 18: Financial data (EBITDA)
17 18 19 20 20 3Q 21 3Q 6,219 5,732 5,877 7,049 5,444 4,269 [EBITDA] 1 2,364 2,002 1,657 1,717 1,470 1,265 1,014 771 507 571 650 368 679 555 428 395 542 317 435 351 293 194 294 223 4,330 4,611 4,663 3,801 4,038 3,997 19,646 19,997 20,131 20,054 20,334 20,270 14,082 14,215 14,238 14,707 14,548 14,688
Slide 19: Key indicators
17 18 19 20 20 3Q 21 3Q 10.9% 9.7% 7.3% 5.6% 10.0% 7.4% (%) 22.0% 23.1% 23.2% 19.0% 19.9% 19.7% / 3.3 3.1 3.1 3.9 3.6 3.7 E(%) 1 10.6% 7.9% 6.3% 4.6% - - (%) 2 3.4% 2.8% 2.1% 2.0% - - ( ) 260.76 3 211.14 175.99 121.65 180.32 149.02 ( ) 2,598.90 3 2,768.95 2,800.18 2,533.28 2,691.40 2,663.83 1 ROE= /
Slide 20: Generation and sales volumes, installed capacity
( kWh) 17 18 19 20 20 3Q 21 3Q 62,626 58,672 60,786 57,532 46,069 38,969 8,582 10,633 8,287 8,384 6,227 6,747 54,044 48,039 52,499 49,147 39,842 32,222 1,701 1,657 1,682 1,616 1,138 1,095 64,328 60,329 62,469 59,148 47,208 40,065 17 18 19 20 20 3Q 21 3Q 4,950 4,500 4,572 5,712 4,471 3,362 1,268 1,23
Slide 21: Quarterly income statement data
17 18 19 20 20 3Q 21 3Q 6,219 5,732 5,877 7,049 5,444 4,269 5,731 5,237 5,317 6,483 5,038 3,898 487 494 560 565 406 371 5,204 4,961 5,370 6,478 4,793 3,901 4,697 4,444 4,778 5,888 4,358 3,503 212 272 377 436 262 269 1,608 1,498 1,915 2,643 2,110 1,301 387 411 304 514 376 346 314 317 302 332 209 211
Slide 22: http://www.jpower.co.jp/
http://www.jpower.co.jp/ 21
Electric Power Development — Q3 FY2010 Earnings Presentation on 6ix