Colbun Sa · BCS:COLBUN
Colbun Sa — Q3 2016 Earnings Presentation
12 slides from Colbun Sa's earnings presentation, 2016
Slide 1: Colbún 3Q16 Earnings Review
3Q 16 COLBÚN 3 Q 1 6 EAR N IN G S R EVIEW
Slide 2: Agenda: Highlights
A G E N D A HIGHLIGHTS FINANCIAL REVIEW GROWTH OPPORTUNITIES 2
Slide 3: Highlights: 3Q 2016 vs. 3Q 2015
HIGHLIGHTS 3Q 2016 vs. 3Q 2015 1 REVENUES. (MMUS$) 2 EBITDA. (MMUS$) 3 HYDRO GENERATION. (GWh) (1%) (32%) (43%) 337 181 334 1,724 123 988 3Q15 3Q16 3Q15 3Q16 3Q15 3Q16 EFFICIENT CAPACITY OVER 4 5 NET INCOME. (MMUS$) 6 GROSS DEBT AND NET DEBT. COMMITMENTS IN CHILE. (%) (MMUS$) (62%) 1,871 100% 76 1,7
Slide 4: Agenda: Financial Review
A G E N D A HIGHLIGHTS FINANCIAL REVIEW GROWTH OPPORTUNITIES 4
Slide 5: Chile: Physical Sales and Generation Balance
FINANCIAL REVIEW CHILE: PHYSICAL SALES AND GENERATION BALANCE Generation (GWh) 3Q15 3Q16 QoQ Hydraulic 1,724 988 (43%) KEY DRIVERS OF 3Q16 Thermal – Gas 868 559 (36%) Thermal – Diesel 0 94 - Thermal - Coal 651 743 14% Generation decreased (QoQ), mainly due to lower Eolic - Punta Palmeras 27 28 3%
Slide 6: Chile: EBITDA Analysis
FINANCIAL REVIEW CHILE: EBITDA ANALYSIS KEY DRIVERS OF 3Q16 US$ million 3Q15 3Q16 QoQ Revenues 337 285 (15%) Lower Revenues (QoQ), mainly due to: - Lower sales to the spot market. Raw Materials and Consumables Used (136) (155) 14% - 3Q15 includes a non-recurrent insurance Personnel and other opera
Slide 7: Peru: Physical Sales and Generation Balance
FINANCIAL REVIEW PERU: PHYSICAL SALES AND GENERATION BALANCE 1 Generation (GWh) 3Q15 3Q16 QoQ KEY DRIVERS OF 3Q16 Thermal – Gas 856 912 7% Total Own Generation 856 912 7% Total generation increased (QoQ), mainly explained by the net effect of the maintenance performed in Sales Volume (GWh) 3Q15 3Q
Slide 8: Peru: EBITDA Analysis
FINANCIAL REVIEW PERU: EBITDA ANALYSIS 1 US$ million 3Q15 3Q16 QoQ Revenues 55 49 (11%) KEY DRIVERS OF 3Q16 Raw Materials and Consumables Used (41) (31) (24%) Lower Revenues (QoQ), mainly due to lower sales to Personnel and other operating expenses (11) (10) (4%) regulated clients and to lower inc
Slide 9: Consolidated Non-Operating Income Analysis
FINANCIAL REVIEW CONSOLIDATED NON-OPERATING INCOME ANALYSIS US$ million 3Q15 3Q16 QoQ KEY DRIVERS OF 3Q16 Financial Income 1 2 49% Financial Expenses (22) (24) 6% Non-operating income registered higher losses (QoQ), mainly given by: Results of Indexation Units 1 0 - - Higher financial expenses due
Slide 10: Agenda: Growth Opportunities
A G E N D A HIGHLIGHTS FINANCIAL REVIEW GROWTH OPPORTUNITIES 10
Slide 11: Growth Opportunities in Chile and the Region
GROWTH OPPORTUNITIES GROWTH OPPORTUNITIES IN CHILE AND THE REGION 1 SPECIAL FOCUS ON PERU AND COLOMBIA. Growing Electricity Consumption Well established regulatory framework Diversification: - Hydrological Conditions - Generation Technology - Fuel Access - Regulation 350 MW GROWTH OPPORTUNITIE
Slide 12: Disclaimer and Contact Information
DISCLAIMER AND CONTACT INFORMATION This document provides information about Colbún S.A. In no case this document constitutes a comprehensive analysis of the financial, INVESTOR RELATIONS production and sales situation of the Company. TEAM CONTACT Investors are cautioned that any such forward-loo