ENGIE BRASIL ENERGIA
Institutional Presentation 4Q22 and 2022
March 2023
Disclaimer
This publication may include forward-looking statements on events or results pursuant to Brazilian and international securities' regulations. These forward- looking statements are based on certain assumptions and analyzes made by ENGIE Brasil Energia S.A. ("ENGIE Brasil Energia" or "Company"), - previously denominated Tractebel Energia S.A. -, in accordance with its experience and the economic scenario, market conditions and expected events, many of which are outside the control of ENGIE Brasil Energia. Important factors which can lead to significant differences between effective results and the forward-looking statements with respect to events or results, include the business strategy of ENGIE Brasil Energia, economic and international conditions, technology, financial strategy, development of the government services industry, hydrological conditions, conditions in the financial markets, uncertainty surrounding the results of its future operations, plans, objectives, expectations and intentions and other factors. In the light of these factors, the effective results of ENGIE Brasil Energia may differ significantly from those indicated or implicit in the forward- looking statements with respect to events or results.
The information and opinions contained herein should not be understood as a recommendation to potential investors and no investment decision should be based on the veracity, topicality or completeness of this information or these opinions. None of the advisors to ENGIE Brasil Energia or the parties related thereto, or their representatives shall accept responsibility for any losses, which may occur as a result of the use or the content in this presentation.
This material includes forward-looking statements as to events subject to risks and uncertainties, which based on existing expectations and forecasts on future events and tendencies, may affect the businesses of ENGIE Brasil Energia. These forward-looking statements include forecasts of economic growth and energy supply and demand as well as information on competitive position, the regulatory environment, growth potential opportunities and other matters. Innumerous factors can affect adversely the estimates and assumptions on which these statements are based.
ENGIE Brasil Energia S.A. Institutional Presentation 4Q22 and 2022 | | 2 |
Contents
Highlights and ESG
Shareholding Structure and
Business Segments
Energy Market in Brazil
Sales and Energy Trading Strategy
01
02
03
04
Expansion
Financial Performance
Supporting Data
05
06
07
ENGIE Brasil Energia S.A. Institutional Presentation 4Q22 and 2022 | | 3 |
01 | Trairi Wind Complex |
Highlights and ESG KPIs
ENGIE Brasil Energia S.A. Institutional Presentation 4Q22 and 2022 | | 4 |
Highlights
Result drivers vs. 2021
2021 Non-recurring events
EBITDA (R$ million)
Ebitda
+14.3%
6,790
5,941
1,591 | +56.1% |
Adjusted Ebitda1
-3.8% | |
7,217 | 6,941 |
1,591 | 151 |
+23.4% | |
1,276 |
R$ 1,276 million Impairments and result from the sale of asset
R$ 1,591 million Hydrological risk negotiation (GFOM) in 2021
2022 Results - Adjusted ex-GFOM
➢ Increase in adjusted Ebitda ex-GFOM: +23.4% |
6,790 | 6,790 | |||||
4,350 | 4,350 | GFOM | ||||
Non-recurring | ||||||
Ebitda | ||||||
2021 | 2022 | 2021 | 2022 |
NET INCOME (R$ million)
Net Income | Adjusted Net Income | |||||||||||
+70.3% | +16.7% | |||||||||||
2,764 | ||||||||||||
2,665 | ||||||||||||
99 | ||||||||||||
2,369 | ||||||||||||
+109.6% | ||||||||||||
1,050 | ||||||||||||
1,565 | ||||||||||||
2,665 | +417.5% | 2,665 | ||||||||||
1,050 | 804 | GFOM | ||||||||||
515 | 515 | Non-recurring | ||||||||||
Net income | ||||||||||||
2021 | 2022 | 2021 | 2022 | |||||||||
Note:
1Adjusted Ebitda: net income + income tax and social contribution + financial result + depreciation and amortization + non-recurring.
➢ Increase in adjusted Net Income ex-GFOM: +109.6% |
R$ 1,187 million Increase of 11.5% in price and 4.3% in sales volume
R$ 220 million | CCEE Net Result | |||
R$ 348 million | Transmission segment RAP (cash effect) | ||||
R$ 220 million | Lower fuel consumption | ||||
Energy purchase for portfolio | |||||
R$ 695 million | Primarily due to the energy purchase contract with | ||||
Jorge Lacerda Thermal Power Plant | |||||
Net financial result | |||||
Financial income: > R$ 304 million | |||||
R$ 564 million | |||||
Financial expenses: > R$ 63 million | |||||
Concession payable expenses: < R$ 323 million | |||||
ENGIE Brasil Energia S.A. Institutional Presentation 4Q22 and 2022 | | 5 |
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Disclaimer
ENGIE Brasil Energia SA published this content on 01 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2023 21:39:42 UTC.