Central Puerto Sa · BCBA:CEPU
Central Puerto Sa — Q1 2021 Earnings Presentation
10 slides from Central Puerto Sa's earnings presentation, May 13, 2021
Slide 1: 1Q 2021 Results Call
1Q 2021 Results Call May 13, 2021
Slide 2: Disclaimer
Disclaimer Additional information about Central Puerto can be found in the Investor Support section on the website at www.centralpuerto.com. This presentation does not contain all the Company’s financial information. As a result, investors should read this presentation in conjunction with Central Pu
Slide 3: Agenda
1Q 2021 Results Call Agenda ◼ Highlights and news ◼ Key Performance Indicators ◼ 1Q2021 Financials ◼ Q&A 2
Slide 4: Project under construction Terminal 6 – San Lorenzo
Project under construction Terminal 6 – San Lorenzo Power capacity: 391 MW (up to 330 MW contracted) Technology: Cogeneration (Electricity + Steam) Steam capacity: 370 tons/hours 15 years PPA and steam contract Open Cycle partial commissioning (269.5 MW) November 21, 2020 (gas turbine) Estimated COD
Slide 5: Key performance indicators – 1Q2021
Key performance indicators – 1Q2021 Energy generation and availability 1Q2021 Energy generation (GWh) (11%) (180) (306) 56 3,908 3,479 1Q2020 Generation Thermal units Hydro generation Renewable energy 1Q2021 Generation Decline due to Central Lower water New wind farms increased 19% (Q/Q) the Puerto´
Slide 6: Revenues decreased due to minor electricity generation and fixed prices
Revenues decreased due to minor electricity generation and fixed prices 1Q 2021 Revenues (in millions of Ps.) (1,884) 612 24 7 11,419 10,164 1Q2020 Revenues ∆ Energía Base ∆ Sales under contracts ∆ Steam sales ∆ Other income 1Q2021 Revenues Energía Base ▼ Remuneration under Res. 31/20 with fixed pri
Slide 7: Adj. EBITDA: Lower revenues, partially offset by expenses and other results
Adj. EBITDA: Lower revenues, partially offset by expenses and other results 1Q 2021 Adj. EBITDA (in millions of Ps.) (1,255) (457) 100 188 257 10,848 9,679 1Q2020 Adj. EBITDA ∆ Revenues ∆ Cost of sales ∆ Adm. and selling ∆ Other results, net Depreciations and 1Q2021 Adj. EBITDA expenses amortization
Slide 8: Consolidated net income: Ps. 640 million or 4.21 per ADR
Consolidated net income: Ps. 640 million or 4.21 per ADR 1Q 2021 Consolidated Net Income (in millions of Ps.) 1,364 (1,425) 1,875 640 (267) 236 (799) (344) 1Q2020 ∆ Operative ∆ Results on net ∆ Finance ∆ Finance ∆ Share of Profit ∆ Income tax 1Q2021 Consolidated Results monetary Income Expenses of A
Slide 9: Cash Flow bridge
Cash Flow bridge Cash Flow (in million Ps.) 303 4,021 (4,439) 315 184 25 41 Cash at the begining Operation CAPEX and financial Financing activities Exchange difference Loss on net Cash at the end of of the period assets and other financial monetary possition period results Operations ▼ Reduction in
Slide 10: Q&A Many thanks for your attention!
Q&A Many thanks for your attention! 9