Central Puerto Sa · BCBA:CEPU
Central Puerto Sa — Q2 2020 Earnings Presentation
11 slides from Central Puerto Sa's earnings presentation, Aug 27, 2020
Slide 1: 2Q 2020 Results Call
2Q 2020 Results Call August 27, 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
2Q 2020 Results Call Agenda ◼ 2Q 2020 Highlights and news ◼ Key Performance Indicators ◼ 2Q 2020 Financials ◼ Q&A 2
Slide 4: Effects of the Covid-19 and the Quarantine measures
2Q 2020 Highlights Effects of the Covid-19 and the Quarantine measures Demand fluctuation due to the Quarentine Monthly variation in electric energy demand (2020 vs 2019) GWh % The lower energy 1500 10.1% 15% demand during April and 1000 10% May recovered in June 2.5% 1.2% 1.2% 1.5% 500 1.019 5% and
Slide 5: Extension of COD's due date by the Energy Secretariat
Construction of the new projects Extension of COD’s due date by the Energy Secretariat for the expansion projects Power capacity: 391 MW (up to 330 MW contracted) Steam capacity: 350 tons/hours 15 year PPA and steam contracts The Energy Secretariat authorized New COD due date: March 2020 CAMMESA to
Slide 6: Key performance indicators – 2Q2020
Key performance indicators – 2Q2020 Energy generation and availability 2Q2020 Energy generation (GWh) (18%) 598 139 158 5 3,256 2,673 2Q2019 Generation Unavailability LDCUCC25 Other thermal units Hydro generation Renewable energy 2Q2020 Generation ■ Partially mitigated by the Affected by the Quarent
Slide 7: Revenues without considering fuel remuneration increased
Revenues without considering fuel remuneration increased due to the new thermal and renewable energy installed capacity 2Q 2020 Revenues (in millions of Ps.) 115 21 2,325 1,926 2,990 8,307 7,183 5,983 2Q2019 Revenues ∆ Fuel 2Q2019 Revenues ∆ Energía Base ∆ Sales under ∆ Steam sales ∆ Other income 2Q
Slide 8: Adj. EBITDA: higher FX dif. and interest on FONI receivables
Adj. EBITDA: higher FX dif. and interest on FONI receivables, Gross Profit 1Q 2020 Adj. EBITDA (in millions of Ps.) 732 2,220 46 1,124 1,304 7,594 4,415 2Q2019 Adj. ∆ Revenues ∆ Cost of sales ∆ Adm. and selling ∆ Other results, Depreciations and 2Q2020 EBITDA EBITDA expenses net amortizations Cost o
Slide 9: Consolidated net income increased
Consolidated net income increased due to stronger operating results, associated to the expansion projects, and net monetary position gains 2Q2020 Consolidated Net Income (in millions of Ps.) 593 1,840 4,291 2,447 430 101 1,930 2,189 2Q2019 ∆ Operative ∆ Results on ∆ Finance ∆ Finance ∆ Share of ∆ In
Slide 10: Cash Flow bridge
Cash Flow bridge Cash Flow (in million Ps.) 654 8,206 6,604 364 148 1,697 2,132 Cash at the Operation CAPEX and Financing Exchange Loss on net Cash at the end of begining of financial assets activities difference and monetary 2Q2020 2Q2020 other financial possition results Operations ▲ Operating Inc
Slide 11: Many thanks for your attention!
Q&A Many thanks for your attention! 10