Promigas Sa Esp · BVC:PROMIGAS
Promigas Sa Esp — Q3 2022 Earnings Presentation
32 slides from Promigas Sa Esp's earnings presentation, 2022
Slide 1: Results 3Q 2022
=- PROMIGAS PROMIGAS RESULTS 3Q 2022
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: Relevant Facts 3Q 2022
RELEVANT FACTS 3Q 2022 Accumulated consolidated results as of September Credit ratings ratified in the period EBITDA: COP 1,755,732 MM 20% Accum-2021 – Accum-2022 Fitch Ratings ratified the ratings of Promigas at AAA local Net Income: COP 954,015 MM 14% Accum-2021 – Accum-2022 and BBB- international
Slide 4: Operational Results of the Period by Business
OPERATIONAL RESULTS OF THE PERIOD BY BUSINESS Accumulated to September 2022 GAS TRANSMISSION, LNG AND SERVICES Gas pipeline Transportation Volume Contracted Network Capacity transported capacity NATURAL GAS 3,288 KM 1,153 MMCFD 475 MMCFD 856 MMCFD Δ0% Δ0% Δ8% Δ0% Regasification Regasified Days Avera
Slide 5: Operational Results of the Period by Business
OPERATIONAL RESULTS OF THE PERIOD BY BUSINESS Accumulated September 2022 GAS AND ELECTRIC POWER NON-BANK FINANCING DISTRIBUTION Colombia Peru Total 772 K Users with Brilla loans Portfolio Placement 4.10 MM 5.8 MM Users Δ4% 1.70 MM Δ23% Δ9% NON-BANK at 3Q 2022 $1.58 Bn $746,777 MM Districts 898 67 96
Slide 6: Consolidated Financial Results of the Period by SBU
CONSOLIDATED FINANCIAL RESULTS OF THE PERIOD BY SBU 3Q 2022 TRANSMISSION SBU* DISTRIBUTION SBU** 29 % 71 % REVENUES1 COP $1,530,391 MM Execution: 100% 49 % 51 % EBITDA1 COP $581,549 MM Execution: 119 % 42 % 57 % NET INCOME1 COP $294,867 MM Execution: 115 % Revenues EBITDA Net income 3Q 2022 vs. 3Q 2
Slide 7: Consolidated Financial Results Accumulated to September 2022 by SBU
CONSOLIDATED FINANCIAL RESULTS OF THE PERIOD BY SBU ACCUMULATED TO TRANSMISSION SBU* DISTRIBUTION SBU** SEPTEMBER 2022 30 % 70 % REVENUES1 COP $4,397,120 MM Execution: 104% 49 % 51 % EBITDA1 COP $1,755,732 MM Execution: 115 % 44 % 56 % NET INCOME1 COP $954,015 MM Execution: 116 % Revenues EBITDA Net
Slide 8: Financial Results Single 3Q 2022
FINANCIAL RESULTS SINGLE 3Q 2022 Revenues(1) EBITDA(2) Net income COP $0.3 Bn (Exec.114%) COP $0.4 Bn (Exec.117%) COP $0.3 Bn (Exec.115%) Variation 2022 - 2021 8% 10 % 0% 40% Promigas 60% Participation method 1Revenues from ordinary activities (COP $237,351 MM) + Revenues from national concession co
Slide 9: Financial Results Single Accumulated to September
FINANCIAL RESULTS SINGLE ACCUMULATED TO SEPTEMBER Revenues(1) EBITDA(2) Net income COP $0.8 Bn (Exec.101%) COP $1.2 Bn (Exec.116%) COP $1.0 Bn (Exec.116%) Variation 2022 - 2021 20 % 15 % 7% 41% Promigas 59% Participation method 1Revenues from ordinary activities (COP $722,776 MM) + Revenues from nat
Slide 10: Operation and Innovation Vice Presidency Results 3Q 2022
OPERATION AND INNOVATION VICE PRESIDENCY RESULTS 3Q 2022
Slide 11: Safe, Efficient and Reliable Operation
SAFE, EFFICIENT AND RELIABLE OPERATION We ratify our commitment to excellence in the provision of our services Corporate Transported Volume (MMCFD) Evolution of corporate transportation losses percentage 235 from 2017 to 3Q-2022 206 1,20% 1,00% 0,80% 0,60% 0,50% 144 0,39% 0,40% 0,40% 0,34% 0,27% 140
Slide 12: Corporate Capex
CORPORATE CAPEX Figures in millions of COP 500,000 • 73% cumulative executed value from January to September. Trasnmission Companies • The end of the year is CAUSED JAN - SEP 400,000 180,888 estimated at 85%. • We manage close to 400 Real 517,682 300,000 projects throughout the corporate through o
Slide 13: Assuring a Safe Operation
ASSURING A SAFE OPERATION Cumulative performance of LTIFR Jan-Sept 2022 Goal 2022 3.23 1,86 LTIFR accumulated to September, keeping us below the 2.01 established corporate goal. 1.80 2.16 1.86 1.97 2.01 2.00 1.85 1.86 The vision is 0 accidents, which is why we continue with the project January Febru
Slide 14: Relevant Facts: Innovation
RELEVANT FACTS INNOVATION The Patents Office of Peru awarded Promigas its first invention patent in that country, the fourth at the corporate level. This major achievement is part of the internationalization strategy of the patent for a “modular cooling system.” Promigas received the award for the b
Slide 15: Results Transmission SBU 3Q 2022
RESULTS TRANSMISSION SBU 3Q 2022
Slide 16: Transmission SBU 3Q 2022
RESULTS SPEC TRANSMISSION SBU 3Q 2022 INFRASTRUCTURE AT THE SERVICE OF THE COUNTRY’S ENERGY GRID, CONTRIBUTING TO RELIABILITY AND SAFETY -24 % 41 % SBUs 3% SBU: Strategic Business Unit
Slide 17: Natural Gas Transmission - Promigas Atlantic Coast
NATURAL GAS TRANSMISSION PROMIGAS - ATLANTIC COAST THERMOELECTRIC SECTOR -24 % • In 3Q 2022, consumption increased mainly due to maintenance of high voltage transmission lines (Caribbean Coast Reinforcement), which produced peak consumption in July 2022 of 168 MMCFD. 41 % • Year-to-date in 2022, ene
Slide 18: Natural Gas Transmission - Subsidiaries
NATURAL GAS TRANSMISSION - SUBSIDIARIES Transported volume (MMCFD) Volumes in 2021 were affected-24by a force Jul-Sept Jul-Sept Var % Jan-Sept Jan-Sept Var % majeure event at the Gibraltar gas pipeline between August and December. % 2021 2022 2021 2022 29 % Starting in June 2022, a non-interruptible
Slide 19: Back-up Asset for Reliability of Colombian Power Generation
BACK-UP ASSET THAT INCREASES THE RELIABILITY OF THE COLOMBIAN ELECTRIC POWER GENERATION SYSTEM Jul-Sept Jul-Sept Jan-Sept Jan-Sept Operational Highlights Var % Var % 2021 2022 2021 2022 Number of LNG shipments 2 1 -50%- 3 3 0% LNG received (M3) 61,553 27,081 -56% 102,067 89,774 -12 % NG delivered (M
Slide 20: Results Distribution SBU 3Q 2022
RESULTS RESULTS DISTRIBUTION SBU 3Q 2022
Slide 21: Distribution SBU 3Q 2022
Gases del Caribe Gases de La Guajira RESULTS Surtigas DISTRIBUTION SBU 3Q-2022 WE GROW BY STAYING CLOSE TO OUR CUSTOMERS AND ALWAYS INNOVATIVING AND TAKING ADVANTAGE OF OUR EXPERIENCE TO PROVIDE HIGH-QUALITY COMPREHENSIVE SERVICE Efigas GdO CEO -24 % 41 % SBUs GASES DEL NORTE DE PERÚ GASES DEL PACÍF
Slide 22: Distribution SBU Accumulated Results 2022
DISTRIBUTION SBU ACCUMULATED USERS (MM) Total ACCUMULATED RESULTS 2022 5.74 6.24 1.50 1.28 1.24 1.14 1.23 1.09 0.88 0.84 N.G. volume Electric power 0.66 0.63 9,185 Mm3 demand 0.43 0.42 Var 5 % 773 GWh 0.20 0.16 0.131 Var 4 % 0.126 Users Towns served GdO Surtigas CEO Quavii* Gases del Efigas Gases de
Slide 23: Brilla: Non-Bank Financing
BRILLA: ACCUMULATED RESULTS NON-BANK FINANCING COMMERCIAL 772 K COP $1.58 Bn Users with Brilla Brilla accounts accounts receivable at COP $746,777 MM receivable Q3 2022 Brilla placements Var 23 % 4.9 MM Var 4 % Loans granted since the start of the program 3.2 % ICV +90 EBITDA BRILLA 4% 47 % OTHERS I
Slide 24: Results Energy Solutions 3Q 2022
RESULTS ENERGY SOLUTIONS 3Q 2022
Slide 25: KPIs - Energy Solutions September 2022
KPIs - ENERGY SOLUTIONS SEPTEMBER 2022 AUTO AND CO-GENERATION SUSTAINABLE SOLAR MOBILITY Sept-22 Sept-22 Sept-22 Figures in millions of COP Total capacity Total capacity 31.9 MW CONSOLIDATED Operation Construction Demand Operating Indicators Operation Operation Construction 57 % 43 % Sept-22 Total c
Slide 26: Corporate Aspects: Sustainable Management (ESG)
RESULTS CORPORATE ASPECTS SUSTAINABLE MANAGEMENT (ESG)
Slide 27: Achievements: Social Progress Contribution
SOCIAL PROGRESS Four distinctive programs of the Foundation benefit 6,996 people CONTRIBUTION TO in 64 Colombian municipalities (16 PDET). For each Colombian peso we have invested in these programs, ACHIEVEMENTS third parties have invested COP $1.16. Third Quarter 2022 More Youth Employment More Ent
Slide 28: Financial Results 3Q 2022
= PROMIGAS FINANCIAL RESULTS ME 3.0 2022
Slide 29: Financial Statements: Profit and Loss Statement
FINANCIAL STATEMENTS PROMIGAS PROFIT AND LOSS STATEMENT | Single 3Q 2022 – 3Q 2021 Accumulated 2022 – Accumulated 2021 REVENUES EBITDA2 NET INCOME REVENUES1 EBITDA2 NET INCOME 1 (114% of Budget) (114% of Budget) (115% of Budget) (105% of Budget) (116% of Budget) (116% of Budget) 8% 10 % 0% 20 % 15 %
Slide 30: Financial Statements: Single Balance Sheet
FINANCIAL STATEMENTS PROMIGAS SINGLE BALANCE SHEET September 2022 vs December 2021 Assets COP $10.2 Bn 10% (YTD) Liabilities COP $4.7 Bn 8% (YTD) Equity COP $5.6 Bn 12% (YTD) 6% 1% 19 % 19% 47 % 80 % 27 % Other LT assets Assets under concession PP&E Current Liabilities LT Liabilities Financial asset
Slide 31: Q&A
=- PROMIGAS Q&A
Slide 32: Investor Relations Office
Investor Relations Office investors@promigas.com Calle 66 # 67-123 Barranquilla, Colombia @promigasoficial | promigas