Interconexion Electrica Sa Esp · BVC:ISA

Interconexion Electrica Sa Esp — Q2 2018 Earnings Presentation

16 slides from Interconexion Electrica Sa Esp's earnings presentation, Aug 14, 2018

  1. Slide 1: Financial Results Second Quarter 2018

    Financial Results Second Quarter 2018 August 14, 2018 © ALL RIGHTS RESERVED BY INTERCONEXION ELECTRICA S.A. E.S.P

  2. Slide 2: Agenda

    Agenda 1. Highlights 2. 2Q18 Financial Results 3. Q&A ISA S.A. E.S.P. – FINANCIAL RESULTS 2Q18 2 © ALL RIGHTS RESERVED BY INTERCONEXION ELECTRICA S.A. E.S.P 2

  3. Slide 3: Consolidated Information: Financial Results Second Quarter 2018

    Financial Results Second Quarter 2018 CONSOLIDATED INFORMATION ISA continues growing with profitability. Return on equity reached 13,5% in June. Operating Revenues EBITDA Net Income QUARTER COP 1.528.297 COP 945.423 million COP 232.256 million million EBITDA margin 61,9% Net margin 15,2% Excluding c

  4. Slide 4: Investments and Projects

    Investments and Projects Figures in COP billions COP 1.461 billion Projects entered into operation: Annual revenues USD 26,9 million 6M18 Investments Peru Others INTERCHILE INTERCHILE TRANSMANTARO 16,6% 0,0% Substations Cardones, Maintecillo - Pan de Friaspata-Mollepata Colombia 34,8% Maitencillo an

  5. Slide 5: Investments and Projects

    Investments and Projects ISA REP and Ministry of Education of Peru, inaugurated an important project under the Works for Taxes. Modernization of the Teresa de la Cruz Educational Institution This initiative will benefit more than 200 children from an educational institution in Ica. The investment ex

  6. Slide 6: Highlights

    Financial Results Second Quarter 2018 HIGHLIGHTS 2017 2018 ➢ Value increase of the RBSE (Basic Network of ➢ Tax recovery in Colombia and Brazil the Existing System): from BRL 3.896 million to BRL 4.094 million ➢ Consolidation of ATP results IN THE CONSOLIDATED: ➢ Provision of assets at INTERNEXA > R

  7. Slide 7: Revenues

    Revenues Figures in COP billions CONSOLIDATED INFORMATION Others Peru 1,6% 18,9% Colombia COP 3.492 31,5% COP 3.159 2Q18 operating revenues COP 1.918 COP 1.528 Brazil 3,8% 28,6% -1,7% Chile 1.377 1.354 2.730 2.833 19,4% 2Q17 2Q18 6M17 6M18 Total Construction RBSE Operation MRTS Telco 5,9% 2,7% ❖ Cur

  8. Slide 8: Operating Costs and Expenses

    Operating Costs and Expenses Figures in COP billions CONSOLIDATED INFORMATION Others 2Q18 operating costs and expenses Peru 1,4% 20,1% Colombia 38,8% COP 1.495 COP 1.510 Brazil COP 718 COP 767 8,8% 22,8% 12,4% 1.197 Chile 1.100 532 598 16,9% 2Q17 2Q18 6M17 6M18 MRTS Total Construction Operation Telc

  9. Slide 9: EBITDA

    EBITDA Figures in COP billions CONSOLIDATED INFORMATION Others Peru 1,7% 22,5% Colombia 28,6% COP 2.298 COP 2.016 COP 1.342 2Q18 EBITDA COP 945 4,0% -3,8% Brazil Chile 982 945 1.938 2.016 28,6% 18,6% 2Q17 2Q18 6M17 6M18 Total RBSE Operation Telco MRTS 2,5% 1,2% Roads EBITDA Margin 70,7% 70,7% 18,4%

  10. Slide 10: Net Financial Expenses

    Net Financial Expenses Figures in COP billions CONSOLIDATED INFORMATION Peru Others 12,0% 1,4% Colombia 2Q17 2Q18 6M17 6M18 22,0% Brazil 2Q18 financial expenses 15,0% 15,8% -COP 222 -COP 258 -COP 471 14,7% -COP 540 Chile 49,6% -COP 127 Energy ❖ Higher expenses due to exchange difference during the q

  11. Slide 11: Net Income

    Net Income Figures in COP billions CONSOLIDATED INFORMATION COP 84Colombia COP 31 Chile COP 73 Brazil $ 603 $ 530 COP 46 Peru $ 363 2,3% $ 232 -COP 2 Others -16,4% 278 232 518 530 2Q18 net income 2Q17 2Q18 6M17 6M18 Total RBSE Operation COP 207 Energy COP 41 Roads Net Margin 19,3% 20,5% 18,2% -COP 1

  12. Slide 12: Balance Sheet and Cash Flow

    Balance Sheet and Cash Flow Figures in COP billions CONSOLIDATED INFORMATION Peru Others -6,2% 0,4% 15,0% Colombia -8,2% 22,3% 43.409 10.957 40.715 10.058 7.467 6.151 -17,6% Brazil 36,1% Chile 2Q18 assets 24.985 24.506 -1,9% 26,2% 2017 Jun. 2018 Assets Liabilities Minority interest Equity Telco MRTS

  13. Slide 13: Debt

    Debt Figures in COP billions CONSOLIDATED INFORMATION Other Source COP459 0,1% COP184 COP152 -COP7 -COP721 COP155 - COP25 Capital COP16.016 Market COP15.754 Banks 58,6% Increase Decrease 41,3% 2Q18 debt MRTS Currencies 14,8% Energy 24,8% Ratios 5,0 5,2 4,2 4,5 4,0 3,8 3,9 Telco 3,8 3,3 3,1 27,6% Roa

  14. Slide 14: CAPEX 2018 - 2022

    CAPEX 2018 - 2022 Figures in COP billions CONSOLIDATED INFORMATION Peru 18,7% Colombia 23,0% The investment amount estimated for 2018 to 2022 is COP 14,192 billion Brazil CAPEX 2018 - 2022 30,2% Chile 28,1% COP 3.489 COP 3.502 COP 3.656 MRTS Telco COP 2.249 3,7% 0,9% COP 1.296 Roads 19,1% 2018 2019

  15. Slide 15: Disclaimer

    Disclaimer ISA has elaborated the following report for information purposes. The company is not responsible for any investment decision made from this report. The statements included therein reflect our current points of view in relation to future events; they are based on assumptions and subject to

  16. Slide 16: Contacts

    Carlos Alberto Rodríguez L. Contacts CFO Gloria Cecilia Velásquez T. Investor Relations InvestorRelations@isa.com.co INTERCONEXIÓN Calle 12 Sur 18 - 168 Medellín, Colombia ELÉCTRICA S.A E.S.P. Phone: +57 4 3252270 | Fax: +57 4 3170848 www.isa.co NIT: 860.016.610 - 3 A.A. 8915 © ALL RIGHTS RESERVED B

Interconexión Eléctrica S.A. E.S.P. (ISA) — Q2 2018 Earnings Presentation on 6ix