ISA, MULTI LATIN-AMERICAN

Transcription

1 in Latin America organization with 33 companies in four, 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 Electric Energy,,, and Real-Time Systems. For about 45 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 3,765 highly qualified and committed associates. At the end of, s consolidated financial statements showed assets close to USD 13.3 billion, USD 1.9 billion of revenue and USD 225 million of net income. 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. Strategy 's strategic focus means growing profitably with a focus on the countries and businesses where it is present, and using already developed capabilities and competencies, transferring knowledge between business units and countries. Likewise,, by declaring itself as a company with industrial vocation, has the advantage of obtaining the return of its investment through its efficient management.

4 Vision In the year 2020, will have tripled its earnings by capturing the most profitable growth opportunities in its current business areas in Latin America, 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. Mission Highly efficient development and operation of linear infrastructure systems where has differential capacities and advantages, based on the advancement of its human talent and innovation capacity, to create value for its shareholders and other stakeholders, and contribute to the sustainable development of the societies where it is present.

5 OUR BUSINESSES Electric Energy 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 40,630 km of high-voltage grid operated by it, the Colombia-Venezuela, Colombia-Ecuador, Ecuador-Peru international interconnections, and its 75,960 MVA of transformation capacity. has in Colombia its companies INTERCOLOM- BIA and TRANSELCA; in Perú, Perú, Red de Energía del Perú REP, Consorcio Transmantaro CTM and Proyectos de Infraestructura del Perú PDI ; in Bolivia, Bolivia; in Chile, INTER- CHILE 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 INTERVIAL COLOMBIA, is focused on searching for businesses in fourth generation road projects.

7 participates in this business unit through INTERNEXA, a company that after ten years in operation, has laid a fiber optics network of 25,465 km, being the telecommunications operator with the largest continuous land network in the continent, crossing seven countries, connecting the Pacific coast to the Atlantic coast, and bringing together telecommunications along all of South America. In accordance with the criteria that broadband growth and the immediate 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 Latin America in the field of relevant digital content distribution. In order to achieve this goal, the company has configured data centers in Colombia, Brazil, Peru and shortly in Chile, where it stores the servers of digital content international distributors. INTERNEXA is the owner of NQT a wholesale data carrier and provider of Internet access services. With 2,700 km of networks, it operates in the major industrial and oil-producing areas of the state of Rio de Janeiro. By acquiring this company, INTERNEXA improves and supplements its offer of transport and IP services in one of the most economically thriving and most populated states of Brazil, itself the fifth economy worldwide.

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 MAIN FIGURES Consolidated Results at December 31, (In millions of Colombian Pesos) CONSOLIDATED INCOME STATEMENT Operating revenue 3,601,325 Operating income 1,551,099 Net income 433,048 BALANCE SHEET For, Social Responsibility is understood as the frame of balanced relations between it and its stakeholders, built as a set of values, practices, and commitments, in order to add value, generate trust, and help sustainable development of those societies where it is present. This commitment is ingrained in the relations with each of its stakeholders aimed at creating value for shareholders, customers, suppliers, associates and the State. Assets 25,567,362 Liabilities 14,411,340 Equity 7,451,477 INDICATORS EBITDA (millions of COP) 2,011,674 Ebitda margin (%) 55.90%

10 Start Socially Responsible IN LATIN AMERICA BUSINESS UNITS AND COMPANIES 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 y 45% a través de 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 CENTROAMERICA EPR, s investment (11.11%) Interconexión Eléctrica Colombia - Panamá, inversión (50%) REDCA, s investment (11.11%) through INTERNEXA BRAZIL CTEEP IEMG PINHEIROS SERRA DO JAPI EVRECY INTERNEXA NQT IPNET Capital do Brazil INTERNEXA Participações BOLIVIA Bolivia ARGENTINA Internexa

11 Start Socially Responsible ELECTRIC INFRASTRUCTURE ROAD INFRASTRUCTURE Guate Norte Guate Este PERU CHILE El Cajón BOLIVIA CENTROAMERICA Palmar Santa Marta Norte Parrita PanamáEl Bosque Termocol Veladero Talara Piura Chiclayo Tocache Trujillo Carhuamayo Zapallal Pomacocha Mantaro Machu Picchu Marcona Abancay Cotaruse Socabaya Montalvo Santivañez Carrasco Arboleda Urubó Sucre Lagunas Punutuma Encuentro Cardones Maitencillo Pan de Azúcar Polpaico Sogamoso Porto Velho 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 Operational circuit km Colombia: 10,144 TRANSELCA 1,585 Peru: REP 6,230 Transmantaro 2,465 Perú 393 Bolivia: Bolivia 588 Brazil: CTEEP 18,893 IEMG 172 PINHEIROS 6 EVRECY 154 Total 40,630 Country Transformation MVA Colombia: 13,040 TRANSELCA 3,848 Peru: REP 2,605 Transmantaro 4,325 Perú 235 Bolivia: Bolivia 370 Brazil: CTEEP 45,587 PINHEIROS 3,900 SERRA DO JAPI 1,600 EVRECY 450 Total 75,960 CHILE SANTIAGO Talca Chillán Collipulli Temuco Río Bueno 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 TRANSMISSION LINES IN OPERATION TRANSMISSION LINES UNDER EXECUTION ROAD INFRASTRUCTURE IN OPERATION TRANSMISSION LINES UNDER STUDY INTERNATIONAL INTERCONNECTION

12 Start Socially Responsible TELECOMMUNICATIONS CONNECTIVITY INFRASTRUCTURES Miami CENTROAMERICA Cartagena Medellín BOGOTÁ Cali ECUADOR QUITO Pasto Guayaquil Tumbes CARACAS COLOMBIA Chiclayo Trujillo LIMA Cusco BRAZIL PERU Arequipa Belo Horizonte Country Optic fiber km in operation CHILE Valparaiso SANTIAGO Concepción São Paulo Río de Janeiro Curitiba Porto Alegre Paso de los Libres Los Andes Córdoba Mendoza Rosario BUENOS AIRES Los Ángeles Colombia INTERNEXA 6,752 Peru INTERNEXA 4,908 Chile INTERNEXA 2,165 Brazil INTERNEXA 6,206 Argentina Internexa 2,531 Ecuador TRANSNEXA 926 Venezuela In association with local operator 1,977 Total 25,465 ARGENTINA ACTUAL NETWORK FUTURE NETWORK UNDERSEA CABLE

13 in Latin America Last updated March 2014 Main office Calle 12 Sur Medellín - Colombia Telephone + 57 (4) Fax: + 57 (4) isa@isa.com.co Follow us: