ISA, MULTI LATIN-AMERICAN organization with 33 companies in four business units and eight countries

Transcription

1 , MULTI LATIN-AMERICAN organization with 33 companies in four business units and eight countries

2 , directly and through its 33 affiliates and subsidiaries, implements important infrastructure projects that boost the continent s progress and contribute to the development of the inhabitants of Colombia, Brazil, Peru, Chile, Bolivia, Ecuador, Argentina, Panama, and Central America. Its activities are focused on the businesses of,,, and. For about 50 years, efficient and reliable delivery of its services has characterized the company in a framework of respect for human rights and protection of the environment, in order to favor competitiveness and regional sustainability, improvement of life quality, and development of the societies where it conducts its activities, all thanks to a human team of highly qualified and committed associates. is a socially responsible company, distinguished for its ethical and serious stance of commitment to initiatives such as the Global Compact, the Millennium Development Goals and climate change that permits creation of value for its stakeholders, businesses and future generations.

3 and its companies work firmly on construction of an organizational culture where values, as pillars affirming its corporate identity, serve as the guide to achieve business success. Four corporate values that define their will to be and to do, bolster their trust and credibility, their form of behavior, and the way they want to achieve recognition. These values are: Ethics: It defines the character of the organization, generates trust for stakeholders, and identifies its directive staff, managers and associates. Social Responsibility: Commitment to search for improved standards of living for its employees and their families, the environment, and society in general. Innovation: Introduction of new aspects in the companies and their services, so as to help achievement of goals. Excellence: Compliance with the quality standards for service delivery that set us apart from our competitors. In the year 2020, will have tripled its earnings by capturing the most profitable growth opportunities in its current business areas, promoting operational efficiency and optimizing its business portfolio. 's profitability will be higher than its equity cost, a trend sustainable along time. In the Energy Business Unit, will remain as the operator with the largest presence, will consolidate its position in the region and will reach levels of operational efficiency that are consistent with worldwide best practices. In the Business Unit, will seize regional opportunities, focusing on Colombia. In the Business Unit, will consolidate its leadership as an independent transporter and will have developed an IP ecosystem in the region. will expand its towards new services, accessing highly profitable new opportunities in other businesses.

4 June vs. June 2013 Figures in millions of Colombian pesos (COP) CONSOLIDATED RESULTS Operating revenue Operating income Net income BALANCE SHEET RATIOS Assets Liabilities Minority interest Equity EBITDA (COP million) EBITDA margin (%) June 14 Increase % vs. June ,0% ,2% ,0% Increase % vs. Dec 2013 Dec ,5% ,7% ,3% ,9% ,6% ,6% 55,9% June vs june 2013 During the first semester of, obtained net income for COP million, 36,0% up on same period of last year, explained to a large extent, by higher operating revenues earned in Colombia, Brazil and Peru as a result of decreased costs and operating expenses in Brazil and lower amortization expense in Capital do Brasil.

5 Our businesses Electric energy transport is fundamental for having an energy market; it is the meeting point between generation and demand and the means to perform electric energy interchanges., through its affiliates and subsidiaries expands, operates, and maintains high voltage energy transmission systems positioning itself as one of Latin America s largest electricity international transporters. The above is possible thanks to km of high-voltage grid operated by it, the Colombia-Venezuela, Colombia-Ecuador, Ecuador-Peru international interconnections, and its MVA of transformation capacity. has in Colombia its companies INTERCOLOMBIA and TRANSELCA; in Peru, Perú, Red de Energía del Perú REP, Consorcio Transmantaro CTM and Proyectos de Infraestructura del Perú PDI ; in Bolivia, Bolivia; in Chile, INTERCHILE and in Brazil, affiliates Companhia de Transmissão de Energia Elétrica Paulista CTEEP (acquired through its investment vehicle Capital do Brasil), Interligação Elétrica Pinheiros IEPINHEIROS, Interligação Elétrica Serra do Japi SERRA DO JAPI, Interligação Elétrica de Minas Gerais IEMG and EVRECY. CTEEP, together with other regional partners, has in Brazil investments in the companies Interligação Elétrica Norte y Nordeste IENNE, Interligação Elétrica Sul IESUL, Interligação Elétrica do Madeira IE MADEIRA and Interligação Elétrica Garanhuns IEGARANHUNS. Additionally, owns 11,11% stock participation in Empresa Propietaria de la Red EPR, the entity that operates the Electric Interconnection System for Central America SIEPAC, and 50% ownership in bi-national company Interconexión Eléctrica Colombia Panamá ICP.

6 structures, designs, constructs, operates and maintains road infrastructure in markets where it can be relevant. Operation and maintenance are performed according to standards previously established by the business regulators in each of the countries where is present, and are based on processes that guarantee operational excellence and safety for users., through INTERVIAL CHILE and its five concessionaires (Ruta del Maipo, Ruta del Maule, Ruta del Bosque, Ruta de la Araucanía and Ruta de los Ríos), operates 907 km of highways in this South American country going from Santiago to Rio Bueno that position it as the largest inter-urban road concessions operator in the country. In Colombia, through its subsidiary INTER- VIAL COLOMBIA, is focused on searching for businesses in fourth generation road projects.

7 's participation in this business unit is materialized through INTERNEXA, a company which along 13 years of operations has laid km of fiber optics cable, and which operates the only telecommunications network open to all operators interconnecting seven Latin American countries. In accordance with the criteria that broadband growth and localized availability of contents, produced both internationally and locally, are key factors in improving people s life quality, INTERNEXA developed a strategy that allows the company to become a leader in the field of relevant digital content distribution. It has implemented a business model that permits offering to telecommunications operators access to locally migrated contents in its data centers with the lowest average latency in the market. Accordingly, it has configured hosting facilities in the region's main cities where its network is interconnected to the most important Content Delivery Networks worldwide. Additionally, INTERNEXA is currently consolidating its transport network at a regional level. This is the only network with an MEF CE 1.0 certification awarded by the Metro Ethernet Forum for its Ethernet t Carrier transport services (the most popular data transport protocol worldwide), working over transport services between e Colombia, Ecuador, Peru and Chile. At the same time, INTERNEXA is consolidating its portfolio of Information Technology special products focused on industries with high h synergy between them and INTERNEXA s geographical network location, like government and energy & hydrocarbon companies. In this sector, INTERNEXA, due to its intrinsic characteristics, is the operator offering the best cost benefit ratio in the market.

8 , through XM, carries out planning, design, optimization, commissioning, operation and management activities for transactional systems or technological platforms, involving value added information interchange and goods and services related markets. XM's experience in operation of the power system and administration of the electricity market, permits it to offer to several economic sectors, intelligent solutions based on the technology and knowledge acquired: Power sector: XM is in charge in Colombia, of the operation of the National Interconnected System SIN, the administration of the Wholesale Energy Market MEM, and the administration of the International Electricity Transactions TIE with Ecuador. Financial sector: with the Colombian Stock Exchange BVC, it operates Derivex, the company managing the country's new energy-derivatives negotiation system, and participates as investor in Cámara de Riesgo Central de Contraparte CRCC. Traffic and transport sector: XM s affiliate, Sistemas Inteligentes en Red operate the Traffic Control Center CCT of Medellín s Mobility Smart System SIMM.

9 Leading Multi Latin-American Sustainable company administers its business units with a Sustainability focus, in a responsible, transparent and ethical manner. Thus, it administers the opportunities, risks and impacts inherent to economic, environmental and social development so as to create value for its stakeholders and contribute to the advancement of the societies where it is present. Technical excellence sustainability

10 bussines units and companies Electric infrastructure COLOMBIA INTERCOLOMBIA TRANSELCA INTERNEXA XM Sistemas Inteligentes en Red Derivex, 49,95% investment through XM and 0,025% through INTERNEXA ECUADOR TRANSNEXA, 5% investment through INTERNEXA and 45% through INTERNEXA (Perú) PERU REP Transmantaro Perú Proyectos de Infraestructura del Perú INTERNEXA CHILE INTERCHILE INTERNEXA INTERVIAL CHILE Ruta del Maipo Ruta del Maule Ruta del Bosque Ruta de la Araucanía Ruta de los Ríos Inversiones Chile Inversiones Maule ECONOMIC GROUP ELECTRIC ENERGY TRANSPORT TELECOMMUNICATIONS TRANSPORT ROAD CONCESSIONS SMART MANAGEMENT OF REAL TIME SYSTEMS INVESTMENT VEHICLE CENTRAL AMERICA EPR, s investment (11,11%) Interconexión Eléctrica Colombia - Panamá, investment (50%) REDCA, s investment (11,11%) through INTERNEXA BRAZIL CTEEP IEMG PINHEIROS SERRA DO JAPI EVRECY INTERNEXA NQT IPNET Capital do Brasil INTERNEXA Participações BOLIVIA Bolivia ARGENTINA Internexa Guate Norte Guate Este CHILE El Cajón BOLIVIA CENTRAL AMERICA Palmar Santa Marta Norte Parrita PanamáEl Bosque Termocol Veladero Talara Piura Chiclayo Trujillo Tocache Porto Velho Carhuamayo PERU Zapallal Pomacocha Mantaro Machu Picchu Abancay Marcona Cotaruse Carrasco Socabaya Arboleda Montalvo Santivañez Urubó Sucre Lagunas Punutuma Encuentro Cardones Maitencillo Pan de Azúcar Polpaico Sogamoso Colina COLOMBIA São João do Piaui Garanhuns Gov Valadares Mascarenhas Mesquita Neves 1 Araraquara Jandira El Salto Curitiba Itapeti Joinville Norte Jorge Lacerda B N.S. Rita Sideropolis Scharlau BRAZIL Country Company Operational circuit km Colombia: TRANSELCA Peru: REP Transmantaro Perú 393 Bolivia: Bolivia 587 Brazil: CTEEP IEMG 172 PINHEIROS 6 EVRECY 154 Total Country Company Transformation MVA Colombia: TRANSELCA Peru: REP Transmantaro Perú 235 Bolivia: Bolivia 370 Brazil: CTEEP PINHEIROS SERRA DO JAPI EVRECY 450 Total TRANSMISSION LINES IN OPERATION TRANSMISSION LINES UNDER EXECUTION TRANSMISSION LINES UNDER STUDY INTERNATIONAL INTERCONNECTION

11 infrastructure connectivity infrastructures Miami Campos Macabú SANTIAGO Talca Chillán Collipulli Temuco Río Bueno Central america Ecuador Bogotá Colombia Quito Peru Caracas Venezuela Duque de Caixas Petrópolis Teresópolis Friburgo Niteroi Río de Janeiro Magé São Gonçalo Itaboraí Maricá Araruama Saquarema Macaé Río das Ostras Sâo Pedro da Aldeia Cabo Frio Lima Brazil Country Company Optic fiber km In operation CHILE SANTIAGO Talca Chillán Collipulli Temuco Río Bueno Country km in operation Chile: Ruta del Maipo 237 Ruta del Maule 193 Ruta del Bosque 161 Ruta de la Araucanía 144 Ruta de los Ríos 172 Total: 907 Chile Argentina Buenos Aires Santiago Gran Sao Paulo Río de Janeiro Colombia INTERNEXA Peru INTERNEXA Chile INTERNEXA Brazil INTERNEXA Argentina Internexa Ecuador TRANSNEXA Venezuela In association with local operator Central America Total ACTUAL NETWORK ROAD INFRASTRUCTURE IN OPERATION FUTURE NETWORK UNDERSEA CABLE

12 Last updated August Main office Calle 12 Sur Medellín - Colombia Telephone + 57 (4) Fax: + 57 (4) isa@isa.com.co Follow us on: