Slide 1: Enel Chile 9M 2018 consolidated results
Enel Chile 9M 2018 consolidated results October 31st, 2018
Slide 2: Chilean highlights
9M 2018 consolidated results Chilean highlights Reported EBITDA increased 12% driven by the consolidation of EGP and a more efficient generation mix. Net income, excluding the effect of the sale of Electrogas, grew by 4%. Generation business Reported EBITDA increased 19% driven by the consolidation
Slide 3: Generation business – Operating highlights
9M 2018 consolidated results Generation business – Operating highlights Installed capacity: 7.5 GW Net production: 14.4 TWh Energy Sales: 17.7 TWh +19% +13% +2% 14.4 17.4 17.7 7.5 12.7 1.5 Spot 0.3 0.3 6.4 1.2 0.1 2.6 2.4 Non regulated 4.0 5.5 0.1 0.6 0.6 3.3 2.2 2.2 4.3 13.0 11.9 3.5 3.5 5.7 7.2 Re
Slide 4: Distribution business – Operating highlights
9M 2018 consolidated results Distribution business – Operating highlights Electricity Distributed: 12.6 TWh Number of customers: 1.9 mn SAIDI1: 177 minutes +2% -32% +2% 12.4 12.6 261 0.8 0.8 Other 2.7 1.87 1.90 2.2 Tolls 177 1.8 1.7 Industrial 3.9 3.9 Commercial 3.6 3.6 Residential 9M 2017 9M 2018 9
Slide 5: New technical norm in the distribution business
9M 2018 consolidated results New technical norm in the distribution business Continuity indicators Extraordinary decree Oct18-Nov20 SAIDI SAIFI The Decree recognizes in an extraordinary way the economic income 8,5 6 5 4,5 to finance the investments and expenses necessary to comply with the Technical
Slide 6: Gross Capex (USD mn)
9M 2018 consolidated results Gross Capex (USD mn) Gross capex Growth capex by business line Capex addressed by business +35% +26% 211 322 21 2 18% 156 +9% 256 +35% 0 20 55% 322 1% 211 162 156 118 +38% +15% 26% 28 72 84 +37% 25 +0% 28 18 9M 2017 9M 2018 9M 2017 9M 2018 Connections Maintenance Growth
Slide 7: Sustainable development goals and Sustainability indexes
9M 2018 consolidated results Sustainable development goals and Sustainability indexes Enel Chile, 2018 • MILA • Emerging Market • Emerging Markets • Latin American Markets 7
Slide 8: Financial highlights (USD mn)
9M 2018 consolidated results Financial highlights (USD mn) 9M 2018 9M 2017 Δ yoy Revenues 2,814 2,936 -4.2% Contribution Margin 1,219 1,075 +13.4% Reported EBITDA 900 801 +12.3% Reported EBIT 650 612 +6.3% Financial Result (117) (25) +361.5% Other Non Financial Result 3 172 -98.1% Reported EBT 536 7
Slide 9: Reported EBITDA by business (USD mn)
9M 2018 consolidated results Reported EBITDA by business (USD mn) +12% 123.6 900 801 (3.3) (11.9) 220 223 (9.5) 124 592 582 (14) (25) 9M 2017 Generation EGP Distribution Holding 9M 2018 Reported Reported EBITDA EBITDA GX EGP DX HOLDING 1 Comparisons between periods in the Financial Income Statements
Slide 10: From reported EBITDA to reported net income
9M 2018 consolidated results From reported EBITDA to reported net income (USD mn1) 900 (250) 650 3 (117) 536 (141) (63) 332 9M 2018 D&A EBIT Financial Others EBT Income Minorities 9M 2018 Reported result non op. Results Taxes Reported Group EBITDA Net Income (attributable) 9M 17 (USD mn) 801 (189) 6
Slide 11: Free cash flow (USD mn)
9M 2018 consolidated results Free cash flow (USD mn) 9 (122) (89) 900 698 (322) 376 18 (358) Reported Δ Working Income Financial FFO Capex FCF Dividends Net EBITDA Capital Taxes expenses paid FCF & Others 1. Comparisons between periods in the Financial Income Statements are made using the average ex
Slide 12: Debt and financial expenses (USD mn)
9M 2018 consolidated results Debt and financial expenses (USD mn) Gross and net debt Net debt evolution +196% 3,467 1,154 15 3,770 303 1,727 1,272 3,467 682 -18 590 590 2017 3Q 2018 Net Debt Cash 2017 Net Elqui Project Perimeter FX + Others 3Q 2018 Net Financial FCF cash out EGP CHILE Net Financial
Slide 13: Closing remarks
9M 2018 results Closing remarks 9M18 EBITDA increased 12% respect to previous year. Generation, driven by a more efficient mix, higher water availability during the 1Q2018 and better hydrology during 3Q2018. Consolidation of 1.2 MW of new renewable capacity, EGP Chile. Distribution, characterized by
Slide 14: IR Team
9M 2018 Results IR Team Susana Rey Head of IR Enel Chile +56 2 2630 9606 susana.rey@enel.com Catalina González Gonzalo Juarez Head of IR Enel Generación Chile IR New York Office +56 2 2630 9603 +1 (212) 520 1025 catalina.gonzalez@enel.com gonzalo.juarezdelarasilla@enel.com Claudio Ortiz Pablo Contre
Slide 15: Disclaimer
9M 2018 Results Disclaimer This presentation contains statements that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this announcement and include statements regarding the intent