Fact Sheet 4Q07

194 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
194
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Fact Sheet 4Q07

  1. 1. Corporate Profile CPFL Energia is a holding company that, throught its subsidiaries, After the IPO in September 2004, CPFL Energia became the distributes, commercializes and generates energy in Brazil, first Brazilian private company to simultaneously trade on standing as the largest private group in the Brazilian electric the São Paulo Stock Exchange (Bovespa Novo Mercado) and sector. Its subsidiaries are widely recognized for its excellence on the NYSE as Level III ADR, both requiring the highest and sustainability of their business practices and regarded as levels of Corporate Governance practices. benchmarks in management, quality and operating efficiency. Corporate Structure Free Float 28.6% 31.1% 12.7% 27.6% 100% 100% 100% 100% 100% 100% 65% 99.99% 99.95% 25.01% 100% 48.72% 100% 51% 100% 96.56% 100% 90.15% 59.93% 90.15% 89.81% 87.80% 89.75%
  2. 2. Service Territory Declared Dividend (R$ millions) vs. CPFE3 Price (R$) Dividends Declared Dividend1 Average Price 35.99 30.05 31.74 28.25 CPFL Energia announced dividend based on 23.33 842 the second half-year of 2007 in the amount 16.58 18.85 722 719 of R$ 719 million, which corresponds to 612 498 R$ 1.49 per share approximately. This dividend 401 represent 95% of CPFL net profit, a measure 140 which surpasses the current dividend policy which stipulates a payout of not less than 2H04 1H05 2H05 1H06 2H06 1H07 2H07 50% of net income adjusted half-yearly. The Dividend Yield last 3.7% 6.5% 9.1% 8.7% 9.6% 10.9% 9.7% 2H07, annualized half-yearly dividend yield, (12 months2) calculated as the average share price over the Since the IPO (2H04), CPFL Energia’s dividend yield has already reached 49,7%3 period (R$ 35.99) is 9.7%. The Shares were 1 Declared dividend: payment in the next half year | 2Half year daily closing price average | 3IPO’s price per considered ex-dividend on March 07, 2008. share: R$ 17.22
  3. 3. Fact Sheet 4Q07 | 2007 | CPFL Energia Value Creation Agenda Goals Strategies Operational Efficiency CPFL Energia’s success is supported by clearly defined Value Synergic Growth business strategies and by management excellence Liquidity Financial Discipline criteria directed to the sustained growth of its Security Sustainability and Social Responsibility businesses. Differentiated Corporate Governance Market Total Energy Sales – GWh 1 Sales by Customer Class – 20072 7.5% 44,196 41,112 30.5% Residential 18.3% Commercial 31,778 35,245 7.1% Rural Captive Market 9,334 8,951 Free Market 11,.7% Others 2006 2007 32.3% Industrial 1 Excluding transactions between group’s companies (consolidation accounting criteria), CCEE and generation sales (except to the free market) | 2Captive Market Financial Performance Net Revenue (R$ million) Ebitda (R$ million) Net Income (R$ million) 14.4%3 16.5%3 14.2% 19.9% 7.9% 17.0% 2,628 9,410 781 3,345 373 1,643 345 7,912 684 2,789 1,404 2,133 4Q06 4Q07 2006 2007 4Q06 4Q07 2006 2007 4Q06 4Q07 2006 2007 ³Including non-recurring effect of write-off of liability energy free Adjusted Net Debt / EBITDA4 (R$ billion) Debt breakdown Net Debt/EBITDA 6.28 Adjusted Net Debt 41% CDI 5.09 4.39 4.42 51% CDI 4.92 22% IGP 3.78 3.70 2.85 2.25 31% TJLP 16% IGP 1.74 1.57 1.53 30% TJLP 5% Dollar 2002 2003 2004 2005 2006 2007 3% Dollar 4 Last 12 months EBITDA dec|06 dec|07
  4. 4. Fact Sheet 4Q07 | 2007 | CPFL Energia Corporate Governance Sustainability and Social Responsibility CPFL Energia adopts differentiated practices of Corporate CPFL Energia believes that the pursuit of sustainability is a process Governance, based on the principles of transparency, fair that demands the constant and innovative management of economic, ness, accountability and corporate responsibility. environmental and social impacts together with the maintenance of ethical and transparent relationships with all its stakeholders. Shares are listed on Bovespa’s Novo Mercado and ADS’s The company has a management model structured on a diversity of Level III on the New York Stock Exchange programs classified in the following groups: 100% of Common Shares with 100% of Tag Along Free Float of 27.6% Environment Environmental education for the communities Subsidiary Companies’ Bylaws aligned to CPFL Energia Bylaws Conservation of biodiversity Financial Statements in compliance with US GAAP and BR Conscientious corporate consumption. GAAP standards New Clean Development Mechanism Report in consensus with Global Reporting Initia tive-GRI Technologies and Projects (MDL) Board of Directors consists of seven members, one being Community CPFL Program of Volunteerism independent Municipal Council Support Program for the 3 Board Advisory Committees to the Board of Directors Rights of Children and Adolescents (CMDCA) Board of Directors and Fiscal Council self-evaluation The CPFL Program for the Revitalization of Review of Ethics and Corporate Conduct based on recom Philanthropic Hospitals mendations in the Sarbanes-Oxley Act CPFL complies with section 404 of the Sarbanes-Oxley Act Internal Program of Reflection and Ethical Management Personnel Respect for Diversity Program Value Network Value Chain The Tear Program Knowledge CPFL Culture Management Communications for Sustainability Shares’ Information1 CPFE32 (R$) CPL3 (US$) Ownership breakdown Shares Price 33.67 56.66 Maximum – 52 weeks 40.44 67.28 72.4% Controlling block Minimum – 52 weeks 27.80 38.70 27.6% Free-float Market Cap R$ 16.2 Bilhões US$ 9.1 Bilhões Market Cap 479,910,938 Exchange Rate2 R$/ US$ 1.77 1 Without income adjustments 2 12/28/2007 | 3 12/31/2007 Investor Relations CPFL Energia – Rodovia Campinas Mogi-Mirim, Km 2,5 | Zip Code 13088.900 | Campinas | SP Phone: 55 19 3756-6083 | Fax.: 55 19 3756-6089 | www.cpfl .com.br/ir | ri@cpfl.com.br

×