Promigas Sa Esp · BVC:PROMIGAS
Promigas Sa Esp — Q2 2023 Earnings Presentation
29 slides from Promigas Sa Esp's earnings presentation, 2023
Slide 1: Results Q2 2023
S PROMIGAS RESULTS Q2 2023 / se, j | id if
Slide 2: Disclaimer
DISCLAIMER Promigas S.A., E. S. P. (“Promigas”) is a Colombian securities issuer listed in These Separate Financial Statements were prepared in compliance with the legal the National Registry of Securities and Issuers. As such, it is required to provisions that apply to the Company as an independent
Slide 3: Results of our management in Q2 2023
RESULTS OF OUR MANAGEMENT IN Q2 2023 RELEVANT FIGURES FINANCIAL RESULTS: GUIDANCE 2023 VS. EXECUTION OPERATING RESULTS: GUIDANCE 2023 VS. EXECUTION PREPARING FOR EL NIÑO PHENOMENON STRATEGY TO INCREASE COMPETITIVENESS GROWTH FOR THE FUTURE BUSINESS STRATEGY ENERGY SOLUTIONS COMPETITIVENESS DESPITE U
Slide 4: Relevant figures: consolidated financial results summary
RELEVANT FIGURES Loyal to our budget discipline, we use Zero Base methodology for the preparation of the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our activities, whi
Slide 5: Relevant figures: single financial results summary
CIFRAS RELEVANTES Loyal to our budget discipline, we use Zero Base methodology for the preparation of the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our activities, wh
Slide 6: Relevant figures: operational results
RELEVANT FIGURES With our operating results as of June 2023, we demonstrated that we continue operating in a safe, reliable, efficient and innovative manner, generating a positive impact in the regions in which we operate. Operational Results - Year-to-Date June 2023 GROWTH FOR THE FUTURE DISCIPLINE
Slide 7: Preparing for El Niño phenomenon
PREPARING FOR EL NIÑO PHENOMENON Promigas' natural gas transmission infrastructure, strengthened by SPEC and the recently implemented early entry of bidirectionality, ensures the security of the country's energy matrix in light of the imminent arrival of El Niño phenomenon. We are prepared to meet t
Slide 8: Strategy to increase competitiveness
STRATEGY TO INCREASE COMPETITIVENESS INCREASING THE PRODUCTIVITY OF CORE BUSINESSES Increasing business productivity by transitioning to world-class practices. Preparing regulated businesses for scenarios of increased cost pressure. DRIVING COMPETITIVENESS WITH AN EFFECTIVE CORPORATE AND CSCs The ma
Slide 9: Strategy to increase competitiveness: 54 initiatives
STRATEGY TO INCREASE COMPETITIVENESS 3 GROWTH FOR THE FUTURE COMPETITIVENESS DESPITE UNCERTAINTY SUSTAINABILITY AND NEW OPERATIONAL MODEL CHALLENGES GENERATION 10 • • • Business strategy Growth of core businesses Energy solutions • Business productivity and efficiency • Technology and digital transf
Slide 10: Strategy to increase competitiveness: commercial policy launch
STRATEGY TO INCREASE COMPETITIVENESS We have changed the model of how we relate to our customers to a more integral approach, which allows us to present ourselves as a company that generates synergies among its business units and is focused on achieving greater energy efficiency for our customers an
Slide 11: Strategy to increase competitiveness: more homes with natural gas
STRATEGY TO INCREASE COMPETITIVENESS We have changed the model of how we relate to our customers to a more integral approach, which allows us to present ourselves as a company that generates synergies among its business units and is focused on achieving greater energy efficiency for our customers an
Slide 12: Strategy to increase competitiveness: energy transition solutions
STRATEGY TO INCREASE COMPETITIVENESS As of June 2023, we have attained significant achievements on our path towards the energy transition. We continue working hard on our goals to expand and strengthen our product and service matrix. BUDGET: 58.7 0 5 Exec.25at Jun-23 10 15 20 30 35118% 40 45 50 55 6
Slide 13: Strategy to increase competitiveness: efficiency program
STRATEGY TO INCREASE COMPETITIVENESS EFFICIENCY PROGRAM LEVERAGE EFFICIENCIES (NPV) COP 378,808 MM EFFICIENCY CAPTURING PROFILE COP 30.000 COP 120.000 COP 27,635 Goal COP 105,166 MM/year Accumulated saving goal (million COP) COP 25.000 COP 100.000 Annual saving goal (million COP) COP 23,396 COP 20,0
Slide 14: Efficiency program: 2023 follow-up
STRATEGY TO INCREASE COMPETITIVENESS EFFICIENCY PROGRAM PRACTICES THAT GENERATE IMPLEMENTED EFFICIENCIES 2023 FOLLOW-UP Operational Excellence: COP 7,100 MM (HCA* zone tours and other maintenance activities, optimization of ILI* integrity assessment frequencies, auditing and internalization of activ
Slide 15: Social footprint
SOCIAL FOOTPRINT We continue connecting and generating progress for communities and users of the services in our portfolio through four major dimensions: Natural Gas and Electric Power, Brilla Non-Bank Financing, Strategic Social Investment (Fundación Promigas), and Human Talent. NATURAL GAS AND INC
Slide 16: Social footprint: natural gas, electric power and Brilla
SOCIAL FOOTPRINT We continue connecting and generating progress for communities and users of the services in our portfolio through four major dimensions: Natural Gas and Electric Power, Brilla Non-Bank Financing, Strategic Social Investment (Fundación Promigas), and Human Talent. NATURAL GAS AND ELE
Slide 17: Social footprint: social investment and human talent
SOCIAL FOOTPRINT We continue connecting and generating progress for communities and users of the services in our portfolio through four major dimensions: Natural Gas and Electric Power, Brilla Non-Bank Financing, Strategic Social Investment (Fundación Promigas), and Human Talent. STRATEGIC SOCIAL IN
Slide 18: Decarbonization roadmap
DECARBONIZATION ROADMAP We are meeting the goals set out in our path towards decarbonization through a solid, structured and measurable plan to ratify our commitment to "Net Zero" by 2040 and to reducing emissions by 50% by 2028. Baseline: A1 and A2: 147,278 Ton CO2 eq . A3: O.Dedicated: 118,987 tCo
Slide 19: Decarbonization roadmap
DECARBONIZATION ROADMAP We are meeting the goals set out in our path towards decarbonization through a solid, structured and measurable plan to ratify our commitment to "Net Zero" by 2040 and to reducing emissions by 50% by 2028. Baseline: A1 and A2: 147,278 Ton CO2 eq . A3: O.Dedicated: 118,987 tCo
Slide 20: Financial results breakdown: consolidated P&L Q2
Loyal to our budget discipline, we use Zero Base methodology for the preparation of FINANCIAL RESULTS BREAKDOWN the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our acti
Slide 21: Financial results breakdown: consolidated P&L accumulated
FINANCIAL RESULTS BREAKDOWN Loyal to our budget discipline, we use Zero Base methodology for the preparation of the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our acti
Slide 22: Financial results breakdown: consolidated balance sheet
Loyal to our budget discipline, we use Zero Base methodology for the preparation of FINANCIAL RESULTS BREAKDOWN the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our acti
Slide 23: Financial results breakdown: single P&L Q2
Loyal to our budget discipline, we use Zero Base methodology for the preparation of FINANCIAL RESULTS BREAKDOWN the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our acti
Slide 24: Financial results breakdown: single P&L accumulated
Loyal to our budget discipline, we use Zero Base methodology for the preparation of FINANCIAL RESULTS BREAKDOWN the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our acti
Slide 25: Financial results breakdown: single balance sheet
Loyal to our budget discipline, we use Zero Base methodology for the preparation of FINANCIAL RESULTS BREAKDOWN the annual budget -which eliminates aspects inherent to previous periods and obligates us to justify expenses based on the added value- so that the estimates reflect the result of our acti
Slide 26: Promigas
S- PROMIGAS x 4 a ~" Le , a ae » 2 & F/ ~~ «4 {| ee re SF] OF WD) orromigasoticias in CB | rromigas
Slide 27: Promigas
S- PROMIGAS et! OF WD) orromigasoticias in CB | rromigas
Slide 28: Breakdown of financial results: consolidated debt
CONSOLIDATED Average cost of debt: BREAKDOWN OF FINANCIAL RESULTS DEBT COP $8.19 Bn March 2022: 8.08% PROMIGAS: 17% vs Jun-22 March 2023: 12.38% Debt by product Debt by currency Debt by company 2022 2023 5% PROMIGAS 50.07% 50.56% Q2 2023 Q2 2023 QUAVII 22.66% 20.98% 47% Q2 2022 Q2 2022 GdO 7.55% 8.2
Slide 29: Investor Relations Office
Investor Relations Office inverstors@promigas.com Calle 66 # 67-123 Barranquilla, Colombia