Colbun Sa · BCS:COLBUN
Colbun Sa — Q3 2017 Earnings Presentation
16 slides from Colbun Sa's earnings presentation, November 2017
Slide 1: 3Q17 Earnings Review
3Q17 EARNINGS REVIEW NOVEMBER 2017
Slide 2: Agenda
AGENDA 1. Company Highlights - Key Facts - 3Q17 Main Consolidated Figures - Sep16 vs. Sep17 Comparison 2. Financial Review 3. Growth Opportunities 2
Slide 3: Highlights
® Colbun Rel N MEJC HIGHLIGHTS
Slide 4: Company Highlights 3Q17 Key Facts
Company Highlights 3Q17 Key Facts 1. La Mina Project (34 MW): The construction of the project finalized in April 2017 and is currently injecting energy into the system. The first synchronization of units 1 and 2 was carried out in May and is currently undergoing testing phase. 2. In September, Colbú
Slide 5: Company Highlights 3Q17 Main Consolidated Figures
Company Highlights 3Q17 Main Consolidated Figures KEY FIGURES EBITDA LTM Cash Net Income LTM US$ 645 mm US$ 258 mm US$ 776 mm US$595 mm / US$50 mm Ratings Net Debt / EBITDA LTM Avg. Interest Rate* BBB BBB 1.4 x 5.22 % Fitch S&P Installed Capacity Power-Plants 3,901 MW 25 3,336 MW / 565 MW 24 / 1 Not
Slide 6: Company Highlights 3Q16 vs 3Q17 Comparison
Company Highlights 3Q16 vs 3Q17 Comparison EFFICIENT GENERATION OVER 1 HYDRO GENERATION. (GWh) 2 3 REVENUES. (MMUS$) COMMITMENTS IN CHILE. (%) 42% 15% 1.404 82% 100% 384 334 988 3Q16 3Q17 3Q16 3Q17 3Q16 3Q17 Commitments Efficient generation GROSS DEBT AND NET DEBT. 4 EBITDA. (MMUS$) 5 NET INCOME. (M
Slide 7: Financial Review
K colbun MEJOR ENEF 2. Financial Review
Slide 8: Chile: Physical Sales & Generation Balance
Financial Review Chile: Physical Sales & Generation Balance Generation (GWh) 3Q16 3Q17 QoQ Hydraulic 988 1,404 42% MAIN VARIATIONS 3Q16 / 3Q17 Thermal – Gas 559 846 51% Thermal – Diesel 94 32 (66%) Thermal - Coal 743 747 1% Total generation increased, mainly because of higher hydro generation and
Slide 9: Chile: EBITDA Analysis
Financial Review Chile: EBITDA Analysis MAIN VARIATIONS 3Q16 / 3Q17 Revenues increased, mainly due to: - Higher sales to unregulated and US$ million 3Q16 3Q17 QoQ regulated customers. - Higher revenues from energy and Revenues 285 333 17% capacity sales in the spot market. Raw Materials and Consum
Slide 10: Peru: Physical Sales & Generation Balance
Financial Review Peru: Physical Sales & Generation Balance Generation (GWh) 3Q16 3Q17 QoQ MAIN VARIATIONS 3Q16 / 3Q17 Thermal – Gas 907 1,188 31% Total Own Generation 907 1,188 31% Physical withdrawals from customers under contract increased, mainly due to the beginning of bilateral supply contrac
Slide 11: Peru: EBITDA Analysis
Financial Review PERU: EBITDA Analysis MAIN VARIATIONS 3Q16 / 3Q17 Revenues increased mainly due to: - Higher sales to regulated customers due to the beginning of bilateral US$ million 3Q16 3Q17 QoQ supply contracts. Revenues 49 52 5% - Higher revenues from transmission tolls. Raw Materials and Co
Slide 12: Consolidated: Non-operating Income Analysis
Financial Review Consolidated: Non-operating Income Analysis US$ million 3Q16 3Q17 QoQ MAIN VARIATIONS 3Q16 / 3Q17 Financial Income 2.1 3.2 50% Non-operating income recorded lower losses, mainly explained by: Financial Expenses (23.5) (21.8) (7%) - Positive effect of the variation of the Exchange
Slide 13: Growth Opportunities
K colbun 3. Growth Opportunities
Slide 14: Growth Opportunities in Chile & the Region
Growth opportunities Growth opportunities in Chile & the Region 1 SPECIAL FOCUS IN PERU AND COLOMBIA. Growing electricity consumption Well established regulatory framework Diversification: - Hydrological conditions - Generation technology - Fuel access - Regulation 9 MW Ovejería Solar Photovol
Slide 15: Disclaimer And Contact Information
Disclaimer And Contact Information This document provides information about Colbún S.A. In no case this document constitutes a comprehensive analysis of INVESTOR RELATIONS the financial, production and sales situation of the company. TEAM CONTACT To evaluate whether to purchase or sell securitie
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