23 slides from Interconexion Electrica Sa Esp's earnings presentation, Aug 13, 2021
Slide 1: ISA Group Results Conference 2Q21
ISA GROUP RESULTS CONFERENCE 2021 second quarter August 13, 2021
Slide 2: Highlights 2Q21
HIGHLIGHTS 2Q21 Bernardo Vargas Chief Executive Officer 2
Slide 3: Highlights: Environmental, Social and Corporate Governance
HIGHLIGHTS Environmental, Social and Corporate Governance • Extraordinary General Shareholders' Meeting: Board of Directors approval. New appointment of EPM representation (Ms. Rutty Paola Ortíz), increasing female representation to 22%. • ISA was included once again and for the fourth year in the F
Slide 4: Investments and Projects
INVESTMENTS AND PROJECTS 2021 investment Project entering into Projects awarded operation 2Q21 COP Execution Interconexión Noroccidental 771 billion Carrieles substation •Annual revenues: USD 42 million Other •Investment in social and New 230 kV Carrieles substation Peru 0% Colombia environmental ma
Slide 5: 2Q21 Financial Performance
2Q21 FINANCIAL PERFORMANCE NET INCOME OPERATING +6,0% EBITDA +3,2% REVENUES* COP 0,6 Roads Others trillion +6,4% 15% 0% Peru Colombia Telco 18% 25% 4% COP ROE* COP 2,8 1,9 trillion trillion Energy Chile 14% 16% 81% Brazil 43% * Includes construction 5
Slide 6: Financial Results
FINANCIAL RESULTS Carolina Botero Chief Financial Officer
Slide 7: 2Q21 Financial Results: Extraordinary events
2Q21 FINANCIAL RESULTS Extraordinary events • Periodic Tariff Review Resolution. • Recognition of Ke over Ke • RBSE adjustments in ISA CTEEP • Re-profiling of the financial component of RBSE. 6M21 results excluding extraordinary events Operating EBITDA Net revenues * 1,6 income 2,5 trillion 0,5 tril
Slide 8: Operating Revenues
OPERATING REVENUES* Figures in COP billion Others 0% Peru 17% Colombia 28% BY COUNTRY** +9,6% 2Q21 Brazil Chile +6,0% COP 4.751 COP 5.208 39% 16% COP 2.681 COP 2.843 Roads $4.905 15% +21,4% $2.539 Telco 4% +28,9% BY BUSINESS** 2Q20 2Q21 6M20 6M21 2Q21 Energy 81% Operating Revenues Extraordinary Even
Slide 9: EBITDA
EBITDA Figures in COP billion Others 0% Peru Colombia 18% 25% EBITDA 79,6% 77,6% Margin** BY COUNTRY** 2Q21 Chile +7,8% 14% Brazil +3,2% 43% COP 3.172 COP 3.419 Telco COP 1.852 COP 1.911 Roads 3% 14% $3.115 $1.607 +26,6% BY +40,8% BUSINESS** 2Q21 2Q20 2Q21 6M20 6M21 Energy Extraordinary Events Opera
Slide 10: Net Income
NET INCOME Figures in COP billion +17,8% + $165 Net Margin 20,6% (COP 0) (COP 41) COP 120 COP 91 (COP 191) (COP 6) (COP 5) COP 197 Increases income Decreases income COP 1.094 $929 Net Income Operational Net AOM Co-controlled Prov, deprec. Net financial Income tax Minority Net Income 6M20 Revenues Co
Slide 11: Financial Indicators
FINANCIAL INDICATORS ROE Debt / EBITDA 16% 15,6% 13,2% 3,8 3,8 EBITDA Margin* 3,7 75,3% 80,0% 79,6% 2020 2T20 2T21 2019 2020 6M21 Extraordinary events and others 2020 2T20 2T21 Solid results that leverage our profitable and sustainable growth strategy * Excluding construction effect 11
Slide 12: Debt
DEBT Figures in COP billion UF+CLP 20% COP +3.665 20% BRL 20% DEBT BY 1.701 26.424 CURRENCY 1.723 343 UVR 22.759 3% USD -35 -67 37% Increase Decrease Banks 2020 Chile Colombia Brazil Peru Exchange rate Jun.21 36% Balance effect Balance DEBT BY Net Debt / EBITDA =3,0x Debt / EBITDA =3,8x SOURCE Capit
Slide 13: Capex: Committed investments 2021-2025
CAPEX Committed investments 2021-2025 Figures in COP trillion Others Peru 0% 15% Colombia 22% Investment Amount 2021-2025 BY COUNTRY USD 3.829 million ($14,3* trillion) 2Q21 Chile Brazil 16% 47% COP 5,0 COP 4,3 Telco 4% COP 2,3 Roads COP 1,6 15% COP 1,1 BY BUSINESS 2021 2022 2023 2024 2025 2Q21 Colo
Slide 14: Energy Transmission
ENERGY TRANSMISSION César Ramirez Chief Energy Transmission Officer 14
Slide 15: Projects being analyzed and identified opportunities
Projects being analyzed Identified opportunities USD 5.987 million Calls (2021 -2023) USD 2.281 million 1.480 2.976 km circuit 3.600 MVA 298 340 163 Brazil Colombia Peru Chile Awarded investment USD 282 million * Reference values (Calls 2020 - 2021) 15
Slide 16: Capex: Investments in projects under execution
CAPEX Investments in projects under execution Figures in USD million Investment amount 2021-2025 Associated Future Revenues USD 383 million / year USD 3.157 million 1.510 2% 15% 924 REVENUES 56% 648 27% 75 Brazil Colombia Peru Chile 6.580 km circuit 38 Projects No. of projects 313 reinforcements Bra
Slide 17: Energization plan
Energization plan Annual Revenues PROJECT (million) 2021 2022 2023 17
Slide 18: Municipalities and community works
718 900 42 Revenues (USD M) 36 Municipalities 272 Community works km circuit MVA 18
Slide 19: Other energized projects
Other energized projects Mar/21 Quellaveco connection (PE) Feb/21 Investment USD 35 M Aguapei (BR) 37.5 km circuit – 1.400 MVA Investment USD 71 M revenues USD 3,2 M/year 151 km circuit – 1.400 MVA revenues USD 16,3 M/year Peru Aug/21 Mina Quellaveco Connection Nueva Pan de Azúcar - Polpaico Reactiv
Slide 20: Q&A
Q&A
Slide 21: Final Comments
indelible FINAL COMMENTS 21
Slide 22: Contact
Contact Jose Iván Jaramillo Diana María Cardona Gloria Cecilia Velásquez T. Investor Relations Leader Investor Relations Specialist Investor Relations Specialist jjaramillo@rep.com.pe dmcardona@isa.com.co gcvelasquez@isa.com.co Visit our Valuation Kit for more information about our results https://w
Slide 23: Disclaimer
Disclaimer ISA has prepared the following report for information purposes. The Company is not liable for any investment decision based on this report. The statements contained herein reflect our current points of view regarding future events, are based on assumptions, and are subject to risks and fa