Slide 1: 1Q 2020 Results Call
1Q 2020 Results Call May 28, 2020
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 2020 Results Call Agenda ◼ 1Q 2020 Highlights and news ◼ Expansion projects ◼ Key Performance Indicators ◼ 1Q 2020 Financials ◼ Q&A 2
Slide 4: 1Q 2020 Highlights and news
1Q 2020 Highlights and news Effects of the Covid-19 and the Quarantine measures Main effects of the COVID-19 crisis ▪ On March 20, 2020, a mandatory stay-at-home order Health and safety protocols for essential was issued (Quarantine). Generators are considered personnel and home office for the rest
Slide 5: Construction of the new projects
Construction of the new projects On April, both the La Genoveva I and Terminal 6 projects restarted the construction, which had been suspended due to the mandatory Quarantine Power capacity: 391 MW (up to 330 MW contracted) Steam capacity: 350 tons/hours 15 year PPA and steam contracts Effects of Co
Slide 6: New units commissioned during 1Q2020
New units commissioned during 1Q2020 Maque (57 MW) and Los Olivos wind farms (22.8 MW) Power capacity Los Olivos: 22.8 MW Manque: 57 MW (increase in capacity) La Castellana II: 15.2 MW (increase in capacity) Long term contracts with large users, set in US dollars 100% of energy from MATER wind farms
Slide 7: Key performance indicators – 1Q2020
Key performance indicators – 1Q2020 Energy generation was 10% higher in the 1Q2020 Energy generation (GWh) Thermal units´ availability + 10% + 3 p.p. 4,101 3,908 93% 93% 90% 3,549 241 294 156 1,372 83% 1,043 82% 846 79% 2,413 2,381 2,816 1Q 2019 4Q 2019 1Q 2020 1Q2019 4Q2019 1Q2020 Thermal Hydro Win
Slide 8: Revenues increased due to the expansion of the installed capacity of thermal and renewable energy projects
Revenues increased due to the expanssion of the installed capacity of thermal and renewable energy projects 1Q 2020 Revenues (in millions of Ps.) 107 3 3,453 517 2,620 9,251 8,005 5,798 1Q2019 Revenues ∆ Fuel 1Q2019 Revenues ∆ Energía Base ∆ Sales under ∆ Steam sales ∆ Other income 1Q2020 Revenues r
Slide 9: Adj. EBITDA decreased 7% due to lower FX dif. and interest on FONI and Impairment
Adj. EBITDA decreased 7% due to lower FX dif. and interest on FONI and Impairment, partially compensated by 22% higher Gross Profit 1Q 2020 Adj. EBITDA (in millions of Ps.) 48 2,098 1,894 448 1,246 8,151 7,604 1Q2019 Adj. ∆ Revenues ∆ Cost of sales ∆ Adm. and selling ∆ Other results, Depreciations a
Slide 10: Consolidated net income decreased due to higher finance expenses, associated to expansion projects
Consolidated net income decreased due to higher finance expenses, associated to expansion projects 1Q2020 Consolidated Net Income (in millions of Ps.) 437 2,292 2,168 995 1,825 89 529 956 1Q2019 ∆ Operative ∆ Results on ∆ Finance ∆ Finance ∆ Share of ∆ Income tax 1Q2020 Consolidated Results net mone
Slide 11: Cash Flow bridge
2019 Main financial metrics Cash Flow bridge Cash Flow (in million Ps.) 1,206 3,492 1,453 742 102 1,610 1,599 Cash at the Operation CAPEX and Financing Exchange Loss on net Cash at the end of begining of financial assets activities difference and monetary 1Q2020 1Q2020 other financial possition resu
Slide 12: Many thanks for your attention
Q&A Many thanks for your attention 11