Colbun Sa · BCS:COLBUN
Colbun Sa — Q1 2017 Earnings Presentation
15 slides from Colbun Sa's earnings presentation, April 2017
Slide 1: 1Q17 Earnings Review
1Q17 EARNINGS REVIEW APRIL 2017
Slide 2: Agenda
AGENDA Company Highlights - Key Facts - 1Q17 Main Consolidated Figures - 1Q16 vs. 1Q17 Comparison Financial Review Growth Opportunities 2
Slide 3: 1. Highlights
1. HIGHLIGHTS 3
Slide 4: Company Highlights: Key Consolidated Figures
Company Highlights Key Consolidated Figures US$ 586 MM US$ 189 mm US$ 664 mm EBITDA LTM Net Income LTM In Cash 1.8 x 4.9 % 3,852 MW Net Debt / EBITDA Avg. Interest Rate* Installed Capacity * In US Dollars Note: All figures as of Mar17 4
Slide 5: Company Highlights: 1Q16 vs 1Q17 Comparison
Company Highlights 1Q16 vs 1Q17 Comparison EFFICIENT GENERATION OVER 1 HYDRO GENERATION. (GWh) 2 3 REVENUES. (MMUS$) COMMITMENTS IN CHILE. (%) (15%) 5% 100% 100% GROSS DEBT AND NET DEBT. 4 EBITDA. (MMUS$) 5 NET INCOME. (MMUS$) 6 (MMUS$) (9%) (20%) 5 Note: All figures as of Mar17
Slide 6: 2. Financial Review
K Colbun MEJOR ENER 2. Financial Review
Slide 7: Chile: Physical Sales & Generation Balance
Financial Review Chile: Physical Sales & Generation Balance Generation (GWh) 1Q16 1Q17 Q/Q Hydraulic 1,288 1,089 (15%) MAIN VARIATIONS 1Q16 / 1Q17 Thermal – Gas 1,212 1,301 7% Thermal – Diesel 4 43 - Thermal - Coal 700 736 5% ▪ Total generation slightly decreased, mainly because of lower hydroelectr
Slide 8: Chile: EBITDA Analysis
Financial Review Chile: EBITDA Analysis US$ million 1Q16 1Q17 Q/Q MAIN VARIATIONS 1Q16 / 1Q17 Revenues 307 334 9% ▪ Revenues increased, mainly due to: Raw Materials and Consumables ▪ Higher revenues from transmission 133 167 26% tolls. Used Personnel and other operating ▪ Higher sales to the spot ma
Slide 9: Peru: Physical Sales & Generation Balance
Financial Review Peru: Physical Sales & Generation Balance Generation (GWh) 1Q16 1Q17 Q/Q MAIN VARIATIONS 1Q16 / 1Q17 Thermal – Gas 663 715 8% ▪ Physical withdrawals from customers Total Own Generation 663 715 8% under contract decreased, mainly due to the end of bilateral short-term supply Sales Vo
Slide 10: Peru: EBITDA Analysis
Financial Review PERU: EBITDA Analysis US$ million 1Q16 1Q17 Q/Q MAIN VARIATIONS 1Q16 / 1Q17 Revenues 56 48 (14%) ▪ Revenues decreased, mainly due to: Raw Materials and Consumables ▪ Lower sales to customers under 32 34 6% contract, mainly explained by the Used Personnel and other operating end of b
Slide 11: Consolidated: Non-operating Income Analysis
Financial Review Consolidated: Non-operating Income Analysis US$ million 1Q16 1Q17 Q/Q MAIN VARIATIONS 1Q16 / 1Q17 Financial Income 3 3 (6%) ▪ Non-operating income in line compared Financial Expenses (27) (20) (26%) to 1Q16: Exchange Rate Differences 3 1 (82%) - Tax expenses on the emissions of Shar
Slide 12: 3. Growth Opportunities
® Colbun 3. Growth Opportunities
Slide 13: 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 Guaiquivilo - Regulation ~316 MW Melado R
Slide 14: 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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