Results presentation 1 q13

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Results presentation 1 q13

  1. 1. 1March 31st, 2013COMPANHIA DE GÁS DE SÃO PAULOFinancial and Operational Results
  2. 2. DisclaimerThe statements contained in this report regarding the outlook on business,estimations on financial and operational results and growth prospects for COMGÁSare merely estimations and, as such, are based exclusively on managementexpectations regarding future events and tendencies, that affect or may affect thebusiness. These estimations are subject to many risks and uncertainties and aremade considering the information currently available, and depend, substancially onmarket conditions, the Brazilian economys performance, the business sector andinternational markets, and are therefore subject to change without pior notice.Because of these uncertainties, the investor should not make any investmentdecisions based on these estimations and declarations on future operations.
  3. 3. Financial and Operational Results
  4. 4. 4Highlights1Q13 Total volume of 1,367mm³ during 1Q13, 15% above that of 1Q12; Growth of 44% in investments compared to 1Q12, summing R$ 175mm in 1Q13; EBITDA of R$ 314mm, variation of +43% compared to 1Q12, due to the regulatory current account; Network extension of 300 km during the quarter, 15% above that of the same period in 2012; Third issuance of the Company’s promissory notes in the value of R$ 400mm.
  5. 5. 1Q12 1Q1368%6%4%3%2%17%66%5%0%20%7%2%+15%5Volumein million of m31,1871,367413.7 mi R$1.4 bi m³MarginVolume72,0%6,8%5,2%3,8%2,1%10,0%Industrial Cogeneration NGV Residential Commercial Thermal Generation
  6. 6. Meters6Total per Segment*UDA’s (Unidade Domiciliar Autônoma)897,974 887,162 840,915 1.2% 6.8%1,229,713 1,202,805 1,116,668 2.2% 10.1%11,435 11,268 10,595 1.5% 7.9%1,011 1,008 1,010 0.3% 0.1%2 2 2 0.0% 0.0%25 25 23 0.0% 8.7%318 324 347 -1.9% -8.4%910,765 899,789 852,892 1.22% 6.79%1,242,504 1,215,432 1,128,645 2.2% 10.1%1Q13 4Q12 1Q12 1Q13 x 1Q12RESIDENTIALNUMBER OF UDAs*COMMERCIALINDUSTRIAL1Q13 x 4Q12THERMAL GENERATIONCOGENERATIONAUTOMOTIVETOTAL METERSTOTAL CUSTOMERS
  7. 7. 7Volume per Segmentin thousands of m341,815 50,469 40,882 -17.1% 2.3%25,793 28,274 26,196 -8.8% -1.5%928,145 937,275 934,538 -1.0% -0.7%82,659 89,344 86,034 -7.5% -3.9%59,961 66,759 67,679 -10.2% -11.4%1,138,373 1,172,121 1,155,329 -2.88% -1.47%12.6 12.7 12.71,367,015 1,428,911 1,187,547 -4.33% 15.11%TOTAL228,642 256,790 32,218 THERMAL GENERATION -11.0% 609.7%COMMERCIALINDUSTRIALCOGENERATIONAUTOMOTIVETOTALMMm³/day*1Q13 x 1Q121Q13 x 4Q12RESIDENTIAL1Q13 4Q12 1Q12
  8. 8. 75129 1221Q12 4Q12 1Q132202583141Q12 4Q12 1Q13269 270 2621Q12 4Q12 1Q13110143921Q12 4Q12 1Q1322%43%-5%63%-3%-3%-36%-16%EBITDAin million of R$Normalized IFRSNet IncomeFinancial Performance8
  9. 9. 9Current Accountin million of R$29 12-55-157-230-198-128-5150204360 362381334dec.09 mar.10 jun.10 sep.10 dec.10 mar.11 jun.11 sep.11 dec.11 mar-12 jun.12 sep.12 dec.12 mar.13(1Q12) = +54(1Q13) = -47
  10. 10. Investimentos10Investmentsin million of R$121175mar/12 mar/13+44%262300mar/12 mar/13Network Extension (in thousands of km)São João da Boa VistaHortolândiaMonte MorCapivariTaubatéPiracicabaOsasco IIRio ClaroMain Projects+15%
  11. 11. 751244 162 186 101 1882975594 99 276 1472013 2014 2015 2016 2017 2018forwardLocal Currency ForeignCurrencyEstrutura de Endividamento299256 285377 3351,048Debt Structurein thousands of R$Debt Amortization Schedule (R$ mm) Debt Composition – Mar/13*EBITDA considering the last 12 monthsShortTerm40%LongTerm60%EIB20%BNDES41%Others38%Debt Mar 13 Mar 12Short Term Debt 1,048,314 708,298Long Term Debt 1,551,233 1,437,644Total Debt 2,599,547 2,145,942(-) Cash 327,504 104,341(=) Net Debt 2,272,044 2,041,601EBITDA 1,057,385 744,082Net Debt / EBITDA 2.15 2.74Short Term Debt / Total Debt 0.40 0.33
  12. 12. INVESTOR RELATIONSinvestidores@comgas.com.brwww.comgas.com.br/en/investorsROBERTO LAGECFO andIROANDRÉ SALGUEIROInvestor RelationsManagerRua Olimpíadas, nº 205, 9º floor - Vila Olímpia - CEP 04551-000 / São Paulo - SP - Brazil12

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