Celsia Sa Esp · BVC:CELSIA
Celsia Sa Esp — Celsia — Q4 2016 Earnings Presentation
9 slides from Celsia Sa Esp's earnings presentation, February 2017
Slide 1: Quarterly results 4Q 2016
\\/ Quarterly results CELSIA 4Q 2016
Slide 2: The electric market
The electric market Colombia Panama Hydric inflows - SIN Reservoir levels - Fortuna 120% 1Q 2Q 3Q 4Q 100% 80% 60% 40% 20% 0% 2013 2014 2015 2016 2016 2015 4Q2016 4Q2015 YTD 2016 YTD 2015 ∆% 4Q2016 4Q2015 ∆% % Reservoir useful level 74% 61% 74% 61% 60 91 -34% Marginal cost 48 85 -44% SIN Spot price 3
Slide 3: Financial results
Financial results REVENUES ↓ Thermal generation 793 ↑ IPP on tariff of the retail sales and distribution charges ↑ Transmission and distribution revenues COP billion (4Q16) ↓ 41% (Y/Y) Central America contributed with COP 173 billion EBITDA 255 COP billion (4Q16) Highlights: EPSA and Centr
Slide 4: Relevant updates
Relevant updates Ending balance on cash account > COP 365 billion. Payment of Celsia’s shortest bond series (COP 83.620 billion) ↓ Net debt / EBITDA: 3,4x vs. 5,1x in 2015 COP 302 billion in investments in Colombia and USD 14 million in Central America Construction of Celsia’s first solar far
Slide 5: Central America – operational figures
Central America – operational figures Generation by fuel source – Central America 500 400 GWh 300 200 100 0 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 G Thermal G Hydric G wind Sales by type – Central America 600 400 GWh 200 0 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4
Slide 6: Colombia – operational figures
Colombia – operational figures Generation by fuel source - Colombia 1.972 1.792 1.599 1.615 1.505 1.620 1.739 1.693 1.711 1.722 1.429 1.293 1.387 1.324 1.230 1.250 1.105 1.092 1.242 GWh 1.065 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 G Hydric
Slide 7: Financial results
Financial results Revenues 1339 1363 790 791 797 862 777 793 765 589 589 577 627 577 661 520 522 531 561 451 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 G T+D+C Ebitda 400.000 41% 38% 39% 37% 41% 42% 50% 35% 30% 36% 34% 31% 31% 32% 32% 24% 27%
Slide 8: Thank you
Thank you, [email protected]
Slide 9: Disclaimer
Disclaimer This presentation has been prepared by Celsia S.A. E.S.P. (the "Company" or "Celsia"). Information herein is proprietary to Celsia or the companies in which it holds majority shares, and is not definitive nor has it been audited. The information contained in this document is thus subject