Compania General De Electricidad S.a. · BCS:CGE
Compania General De Electricidad — CGE Group — Andean Conference Larraín Vial 2013
16 slides from Compania General De Electricidad's conference presentation, March 2013
Slide 1: Andean Conference Larraín Vial 2013
Andean Conference Larraín Vial 2013
Slide 2: CGE Group – A leading company in the Energy Sector
CGE Group– A leading company in the Energy Sector… • EBITDA mainly comes from Chile, in regulated utilities (electricity distribution and transmission) or utility like businesses (natural gas and LPG distribution) • Largest utility in Chile in terms of households served and geographic coverage • ove
Slide 3: CGE Group – With an important growth during last years
CGE Group – … with an important growth during last years Assets evolution (MMUS$) Sale of Ebitda evolution (MUS$) 2
Slide 4: CGE Group – A unique portfolio of assets
CGE Group- A unique portfolio of assets… Electricity & Electricity Electricity LPG Electricity Services LPG & Gas Distribution Sub Distribution Generation (USC) Natural Gas Distribution in Chile Transmission in Colombia in Argentina 2.487.666 customers 3.586 Km lines 470 MW of projects 557.510 custo
Slide 5: A major player in the strategic markets in which it participates
CGE Group – A major player in the strategic markets in which it participates Customers Electricity Sales Distribution Electricity SIC SubTransmission SING 4
Slide 6: A major player in strategic markets in which it participates
CGE Group – A major player in strategic markets in which it participates Natural Gas Customers Sales Market Share in Chile LPG Market Share in Colombia 5
Slide 7: Diversified EBITDA
CGE Group – Diversified EBITDA Others -3% Electricity 46% Gas 57% = MM$ 353.377 (US$ 738 millions) Ebitda Electricity Sector as of Dic-12 Ebitda Gas Sector as of Dic-12 MM$ 161.210 (US$ 337 millions) MM$ 202.695 (US$ 424 millions) (1) EBITDA: Operating Results + Depreciation + Amortization 6 (2) Sub
Slide 8: Customer base and increased sales
CGE Group –Customer base and increased sales… Number of customers Evolution Electricity Distribution Natural Gas Distribution Physical Sales Evolution Electricity Distribution (GWh) LPG (M Ton) Metrogas Physical Sales (MMm3) 7
Slide 9: With a stable and long-term market in Chile
… With a stable and long-term market in Chile… Electricity Distribution and Subtransmission Stable regulatory framework, with some adjustments in the past few years Natural Gas and LPG Distribution Regulated tariffs based on simulated companies adapted to actual sales and Competitive market, with pr
Slide 10: Where CGE Group is a key player in the energy infrastructure
… where CGE Group is a key player in the energy infrastructure… 3.370 km lines 160 thsd customers 67 thsd customers 357 thsd customers 1.393 thsd customers 55 thsd customers 89 thsd customers 92 thsd customers 92 km lines 12 thsd customers EMEL NORTE 26 thsd customers 207 km lines 249 thsd customers
Slide 11: Financial Structure and Amortization profile
CGE Group – Financial Structure and Amortization profile Debt to Equity structure according the nature and tenor of the Group Business Mostly in Long Term Mostly in UF Holding and subsidiaries hold financial debt Holding to finance the acquisitions or business development Subsidiaries to Finance Cap
Slide 12: Debt Financial Structure as of December 2012
CGE Group – Debt Financial Structure as of December 2012 Diversified debt in different companies Currency in line with business’ revenues Mostly in long term, with an average term of amortization of 7,32 years and a Duration of 5,76 years Current proportion of Bonds under long- term goal Maintaining
Slide 13: Financial ratios – CGE Consolidated; Risk Classification
Financial ratios – CGE Consolidated Debt Coverage* Interest Rate Coverage* Leverage Financiero Net Financial Debt/ Ebitda Ebitda / Net Financial Expenses Net Financial Debt / Total Net Worth Net Financial Debt= Liabilities to banks+ Obligations with the public (bonds and commercial papers) – Cash an
Slide 14: Analysis of CGE's Shares
Analysis of CGE´ ´s Shares Shares Daily Transactions Evolution of the daily closing (MUS$) price per Share (US$) Market Cap 13
Slide 15: Spotlights Action Short and Medium Term
Spotlights Action Short and Medium Term Main Focus CGE Group Continuing the implementation of operational efficiency and cost reduction plans Strengthen synergies between distribution companies Redesign of functions in areas of core business support Distribution Continuing the reduction of accounts
Slide 16: For further information
for further information…. Pablo Sobarzo Mierzo CFO psobarzo@cge.cl Gonzalo Soto Serdio Deputy CFO gisotos@cge.cl Sofía Oñate Mancilla Senior Analyst seonatem@cge.cl www.cge.cl www.gasco.cl www.metrogas.cl