enel risultati finanziari
TRANSCRIPT
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Enel SpAI n v e s t o r Re l at i o n s
1 Q2 0 1 2 Re su l t s
May 10, 2012
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Enel SpAI n v e s t o r Re l at i o n s
1 Q2 0 1 2 r e su l t s A n n e x e s
1
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Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s
.
El e ct r i c it y d e m a n d 2 0 11 - 2 0 1 6 CA GR
-
El e ct r i ci t y d e m a n d 1 Q 2 0 1 2
1Q12 actu a l + .
+ 1 . 5 %Spain 1
.
- 1 . 0 %
+ 0 . 4 %I t a l y
Spain 1
FY12 bud ge t
1Q12 actu a l
+ 1 . 3 %Russia+ 2 . 8 %
- .
+ 1 . 0 %Russia
FY12 bud ge t
1Q12 ac tua l
FY12 bu dge t
+ 1 . 8 %Slovak i a- 0 . 8 %
+ 1 . 6 %Sl ovak i a
1Q12 actu a l
FY12 bud ge t
+ 5 . 1 %La tam 2 ,3+ 5 . 9 %
+ 4 . 4 %La tam 2 ,3
1Q12 actu a l
FY12 bud ge t
2
1. Peninsular2. Brazil, Chile (CIS), Colombia, Peru, Argentina3. Average demand growth weighted by production
Bu d g et Gr ow t h m ar k et sM at u r e m a r k e t s
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Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s
1 Q1 1 1 Q1 2 % m n
Revenues
EBI TDA
1 9 , 5 3 6
4 , 3 9 9
+ 8 . 5
- 2 . 2
2 1 , 1 9 3
4 , 3 0 2
EB I TGr o u p n e t i n c om e
3 , 0 3 61 , 2 0 1
- 4 . 4- 1 . 4
2 , 9 0 21 , 1 8 4
Gr o u p n e t o r d i n a r y i n co m e
N e t d e b t
1 , 1 8 2
4 4 , 6 2 9
- 1 5 . 2
+ 2 . 2( 2 ) , ( 3 )
1 , 0 0 3
4 5 , 6 1 7( 3 )
3
1. Excluding capital gains, losses and one-off items2. As of December 31, 20113. Excluding net debt of assets held for sale
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Enel SpAI n v e s t o r Re l at i o n s
1 Q 2 0 1 2 r e s u l t s
Le v el o f t o t a l p r o d u c t i o n h ed g e d ( % )
I t a l y Spain1 0 0 1 0 0 1 0 0 1 0 0
~ 3 0 -3 5
~ 6 5 -7 0~ 5 5
~ 4 5 ( 1 )
~ 1 0
~ 9 0 ( 1 )
2 0 1 32 0 1 2 2 0 1 3 ( 2 )2 0 1 2
La t am Sl o v ak i a
~ 3 5 -4 0
~ 7 5 - 8 0
~ 2 0 -2 5~ 6 0
2 0 1 3
~ 6 0 -6 5
2 0 1 2 2 0 1 32 0 1 2Unhedged
~ 4 0
5
Hedged
1. Including roll-over2. Not including domestic coal output
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Enel SpAI n v e s t o r Re l at i o n s
1 Q 2 0 1 2 r e s u l t s
- 2 . 2 %
1 1 4 1
4 ,3 9 9 - 1 1 8 4 ,3 0 2- 3 - 3 0 - 2 6 + 6 1 - 1 1 + 3 0
3 7 9
,1 , 8 8 1
Othe r 1
9 8 4 9 5 4
4 2 3
M a r k e tI & N
G&EM
I b e r i a & L a t a mI n t e r n a t i o n a l
5 6 6 4 4 8
1 7 91 7 6
61. Including Services & Holding, Engineering & Innovation, upstream gas and nuclear activities
I t a l y I t a l y I t a l y L a t a m-n a t i o n a l
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Enel SpAI n v e s t o r Re l at i o n s
1 Q 2 0 1 2 r e s u l t s
- 2 0 . 8 %
-+ 4 3 - 8 0
4 4 8
1 Q1 1 Gen er a t i onm a r g i n
1Q12Trad ingm a r g i n
Othe r
7
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Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s
- 1 . 7 %
+ 21 7 9 - 5 1 7 6
m a r k e tm a r k e t
8
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Enel SpAI n v e s t o r Re l at i o n s
1 Q 2 0 1 2 r e s u l t s
- 3 . 0 %
+ 69 8 4 - 2 9 5 4- 3 4
1 Q1 1 Con n ect i onfee s
1Q12Energym a r g i n
Othe r
9
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Enel SpAI n v e s t o r Re l at i o n s
1 Q 2 0 1 2 r e s u l t s
4 4 9 - 5 4+ 1 7
- 5 . 8 %
1 2 11 4 6
- 1 4 4 2 3+ 2 5
7 1 1 7
4 12 7
Russia
2 1 6 2 3 4SEEFran ce & Be lg ium
Cen t r e l
1 Q1 1 1 Q1 2Russ iaSEE 2C e n t r e l 1 France& B e l g i u m 3
1 0
1. Slovensk Elektrrne2. Romanian, Bulgarian and Greek operations3. Including Enel Investment Holding
l
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Enel SpAI n v e s t o r Re l at i o n s
Focu s on Russ ia : Sever En er g i a
1 Q 2 0 1 2 r e s u l t s
Pr o du ct i on ( b cm ) En el s st a k e
CA GR: ~ + 2 0 0 %
4 .7
0 .3
2 0 1 2 2 0 1 6
Moscow
Noviy Urengoy
Sev er En er i a t o b eco m e t h e seco n d in de en d en t
1 1
Russ i an gas p r odu cer
E l S A
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Enel SpAI n v e s t o r Re l at i o n s
1 - 2
1 Q 2 0 1 2 r e s u l t s
- 2 . 3 %
1 , 1 0 71 ,1 3 3 - 5 - 4 7 + 2 6
1 Q1 1 Li b er a l i zedb u s i n e s s
R e g u l a t e db u s i n e s s
1 Q 1 2O t h e r
1 21. Enels GAAP figures2. Including Ireland and Marocco
Enel SpA
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Enel SpAI n v e s t o r Re l at i o n s
1 -
1 Q 2 0 1 2 r e s u l t s
+ 1 2 . 7 %
7 7 46 8 7 - 8 3 + 8 2
+ 6 7 + 2 1
1 Q1 1 Gen er a t i o n D i s t r i b u t i o n 1 Q 1 2O t h e r Forexe f f e c t
1 31. Enels GAAP figures
Enel SpA
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Enel SpAI n v e s t o r Re l at i o n s
1 Q 2 0 1 2 r e s u l t s
+ 8 . 0 %
4 02 4
3 7
3 9 0 - 3 9- 43 5 1
+ 1 3 3 7 9+ 1 7+ 2
2
1 3 71 1 4
1 3 1
Enel .s i
2 1 3 2 1 3 2 0 9I t a l y a n d Eu r o p eI b e r i a an d La t i n A m e r i c a
1 Q1 1 I t a ly an dEurope
1Q12N o r t hA m e r i c a
Ot h er I b er i a an dL at i n A m e r i ca
Enel .s i1Q11a d j u s t e d
1 4
Enel SpA
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Enel SpAI n v e s t o r Re l at i o n s
1 Q2 0 1 2 r e su l t s
( 1 )
D e ce m b e r 3 1 ,2 0 11
CapexCash-f lowf r o m o p er a t i o n s
Ne t f i nanc i a lcha rges 2
Ext ra -o r d i n a r y
M a r ch 3 1 ,2 0 1 2
D i v i d e n d s 3
ac t iv i t i e s
+ 1 ( 4 ) + 1( 4 )
- 4 4 , 6 2 9 - 4 5 , 6 1 7
+ 1 0 1 9 - , - 7 4 7 - 7 8 + 1 5 4
1 5
1. Net debt change calculated on continuing operations2. Net financial charges due to interest expenses
3. Dividends paid to minorities4. Net financial debt of assets held for sale
Enel SpA
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pI n v e s t o r Re l at i o n s
1 Q2 0 1 2 r e su l t s A n n e x e s
1 6
Enel SpA1 Q 2 0 1 2 l t O t i l
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pI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e su l t s - Op e r a t i o n a l a n n e x e s
1 9 . 71 9 . 7
+ 0 . 0 %
Gr o u p p r o du ct i o n m i x
I t a l y
1 .2%2 3 . 2 %
3 8 . 5 %
2.7%1 8 . 0 %
7 8 . 07 3 . 5
.
2 9 . 4 %
7.7%
.
1 6 . 9 %
8.0%
+ 8 . 4 %
1 Q1 1 1 Q1 2.
1 6 . 7 %
2 8 . 0 %
.
1 6 . 3 %
3 3 . 3 %
5 8 . 35 3 . 8
1 7 . 5 %1 4 . 3 %
1 3 . 2 %4.3%
2 4 . 7 %
1 4 . 3 %
4.8%
1 9 . 4 % 1 5 . 0 %1 5 . 6 %
Oi l & gasCoalOt h e r r e n e w a b le s
1 Q1 1 1 Q1 2 2 4 . 2 %
3 . 1 %1 8 . 0 %
2 6 . 1 %
3.8%1 9 . 2 %
I n t e r n a t i o n al
1 7
CCGTNuclearH y d r o
1 Q1 1 1 Q1 22 2 . 9 % 2 0 . 3 %
Enel SpA1 Q 2 0 1 2 r e su l t s Op e r a t i o n a l a n n e x e s
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I n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e su l t s - Op e r a t i o n a l a n n e x e s
1 Q1 2 Gr o u p t o t a l n e t i n s t a l le d ca p a ci t y 1 : b r e ak d o w n b y so u r ce
O t h e rM W H y d r o N u cl ea r Co a l Oi l & g asCCGT TOTAL
a n d l o ca t i o n
r e n .
1 , 4 6 31 3 ,6 4 8 - 6 ,7 4 6
ST/ OCGT
1 2 , 0 2 2I t a l y 5 ,9 1 6 3 9 , 7 9 5
1 , 7 7 24 ,7 2 9 3 ,5 3 5 5 ,5 3 3 4 ,7 5 7 ( 3 )I b e r i a 4 ,6 8 2 ( 2 ) 2 5 , 0 0 8
-
5 , 4 0 17
( 4 )
2 ,3 2 9 1 ,8 1 6
-
8 4 9 4 0 0
-
Cen t r e l -
-
8 0 19 ,6 7 5 - 4 8 8 2 ,0 5 2Am er i cas 4 ,3 0 4 1 7 , 3 2 0
-- - 3 ,6 2 3 4 ,5 7 5Russ ia 8 0 9 9 , 0 0 7
1 8
4 , 6 9 73 0 ,4 0 0 5 ,3 5 1 1 7 ,2 3 9 2 3 ,8 0 6TOTAL 1 5 ,7 1 1
1. Including Group renewable capacity2. Including 123 MW of installed capacity in Morocco
9 7 , 2 0 4
3. Including 1,013 MW of installed capacity in Ireland4. Including 166 MW other renewable capacity in France
Enel SpA1 Q 2 0 1 2 r e su l t s Op e r a t i o n a l a n n e x e s
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I n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e su l t s - Op e r a t i o n a l a n n e x e s
1 Q2 0 1 2 Gr o u p t o t a l n e t p r o d u ct i o n 1 : b r e ak d o w n b y so u r ce a n d
GW h H y d r o N u cl ea r Co a l Oi l & g asCCGT TOTAL
l o c a t i o n
O t h e rST/ OCGT
I t a l y
r e n .
1 , 5 7 63 ,3 2 7 - 1 0 ,7 1 7 5 3 13 , 5 4 3 1 9 , 6 9 4
I b e r i a 1 ,0 6 41 ,0 1 9 7 ,2 7 6 8 ,7 4 1 2 ,4 1 6 ( 3 )2 , 1 2 0 ( 2 ) 2 2 , 6 3 6
C e n t r e l
-
5 , 6 118
( 4 )
1 ,1 5 0 3 ,8 9 7
-
5 5 6 -
-
-
-
Am er i cas 8 0 19 ,6 2 8 - 5 4 0 9 5 45 , 6 6 9 1 7 , 5 9 2
Russ ia -- - 5 ,3 8 2 5 ,3 7 91 , 3 4 3 1 2 , 1 0 4
1 9
TOTAL
1. Including Group renewable production2. Including 226 GWh of net production in Morocco
3. Including 7 GWh of net production in Ireland4. Including 91 GWh of net production in France
3 , 7 9 21 5 ,1 4 2 1 1 ,1 7 3 2 5 ,9 3 6 9 ,2 8 01 2 ,6 7 5 7 7 ,9 9 8
Enel SpA1 Q 2 0 1 2 r e su l t s - Op e r a t i o n a l a n n e x e s
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I n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e su l t s Op e r a t i o n a l a n n e x e s
1 Q2 0 1 2 r e n e w a b les n e t i n s t a l le d ca p aci t y : b r e ak d o w n b y so u r cea n d l o ca t i o n
7 2 21 ,5 3 1 1 ,2 7 2 8 2I t a ly &
E u r o p e3 , 6 0 7
-7 8 6 1 ,6 7 5 1 2 0I b er i a & 2 , 5 8 1
N o r t hA m e r i c a ,
2 ,6 3 0 7 6 9 3 ,5 5 2 2 5 0TOTAL 7 ,2 0 1
2 0
Enel SpA1 Q 2 0 1 2 r e su l t s - Op e r a t i o n a l a n n e x e s
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I n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e su l t s Op e r a t i o n a l a n n e x e s
1 Q2 0 1 2 r e n e w a b le s n e t p r o d u ct i o n : b r e ak d o w n b y so u r ce a n dl o c a t i o n
y r o n ereo er m a
I t a ly &
E u r o p e1 , 3 0 29 1 7 6 0 2 1 4 2 , 8 3 5
I b er i a & -9 1 4 9 7 5 1 2 0 2 , 0 0 9
N o r t hA m e r i c a ,
TOTAL 2 ,1 1 5 1 ,3 8 4 2 ,1 7 7 1 9 0 5 ,8 6 6
2 1
Enel SpAI t R l t i1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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I n v e s t o r Re l at i o n sQ
1 Q 2 0 1 2 EB I TD A
4 ,3 0 2 m n
4 8 %9 %
St a b i l i t y a n d h i g hv i s i b i l i t y
4 3 %
Forw ard s a l e s andh e d g in g p r o cu r e m e n t
Regu la t edEGP
co n r ac s o p r o ecm a r g i n
2 2
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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I n v e s t o r Re l at i o n sQ
- 1
+ 3 1
+ 1 3 4 1
1 0
1 Q1 1 Ser v i ces 1 Q1 2O t h e r
2 31. Including Services & Holding, Engineering & Innovation, upstream gas and nuclear activities
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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I n v e s t o r Re l at i o n s
-
n esaEne l Group ( exc lud in g Endesa )
3 0 , 0 1 6
Bonds
B an k l o a n s a n d o t h e r s
3 , 0 5 1
3 , 9 7 0
,
7 , 0 2 1
5 , 1 0 6 6 , 4 7 72 6 , 9 4 3
< 1 2 m 2 Q 1 3 - 4 Q 1 3 2 0 1 5 2 0 1 6 A f t e r
2 , 1 3 9,
2 0 1 4
3 , 2 7 1
3 , 7 5 0
7 9 31 , 3 4 6
1 , 1 2 1
4 , 7 0 46 8 3
4 , 4 2 3
8 0 5
5 , 6 7 2
2 0 1 6
6 y e ar s an d 7 m o n t h
2 4
v er ag e co st o g r o ss e t : 5 .0 %
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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I n v e s t o r Re l at i o n s
Co m m i t t e d cr e d i t l i n e s
Am o u n t Av a i l ab l eO u t s t a n d i n g
2 3 ,9 9 5 5 ,5 1 6 1 8 , 4 3 9( 1 )
Ca s h a n d c a s h e q u i v a l e n t s
To t a l
U n co m m i t t e d l i n es
-
2 3 , 9 5 5
( 8 , 9 9 4 )
( 3 , 4 7 8 )
8 , 9 9 4
2 7 , 4 4 3
Co m m e r c i al p a p e r
To t a l l i q u i d i t y
,
9 , 3 0 0
3 4 , 9 7 97 , 0 6 0
3 , 7 0 2
,
2 , 2 3 93 1 , 2 7 6
2 5
1. Of which 15bn with maturity after 2014
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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1
Av er a g e d e b t m a t u r i t y : 6 y ea r s a n d 7 m o n t h s
Av e r a g e c o st o f g r o s s d e b t 2 : 5 . 0 %
( Fi x ed + h e dg ed ) / To t a l gr o ss lo n g - t e r m d eb t : 8 2 %
Rat in g : St an dar d & Po o r s = BBB+ / A- 2 St ab le Ou t lo o k
M o od y s = A 3 / P- 2 N eg a t i v e o u t l o o k
Fi t c h = A - / F2 N eg a t i v e o u t l o o kD e ce m b e r 3 1 ,
2 0 11 % m nM a r c h 3 1 ,
2 0 1 2
4 5 , 1 2 7
1 4 , 4 7 1
4 5 , 1 2 7
1 4 , 4 7 1
L o n g - t e r m
S h o r t - t e r m 3
L o n g - t e r m
S h o r t - t e r m 3
4 6 , 0 5 6
1 5 , 0 5 8
4 6 , 0 5 6
1 5 , 0 5 8
+ 2 . 1
+ 4 . 1
+ 2 . 1
+ 4 . 1
( 1 4 , 9 6 9 )
4 4 , 6 2 9
( 1 4 , 9 6 9 )
4 4 , 6 2 9
Cash 4
N e t d e b t
Cash 4
N e t d e b t
( 1 5 , 4 9 7 )
4 5 , 6 1 7
( 1 5 , 4 9 7 )
4 5 , 6 1 7
+ 3 . 5
+ 2 . 2
+ 3 . 5
+ 2 . 2
2 6
1. As of March 31st, 20122. Average cost of net debt equal to 6.5%3. Including current maturities of long-term debt4. Including factoring and other current receivables
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Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
29/46
1
En e l Sp A Sl o v en sk m n EFI 2 Ot h er To t a lEn d esa EI H 2 EP 2 ED 2
B o n d s 1 7 ,2 1 3 4 1 ,9 7 92 3 7---2 9 76 ,3 8 1 1 7 ,8 5 1
B an k l o a n s
Pr e f e r e n c e sh a r e s
Ot h e r l o a n s
2 , 4 6 6
-
( 1 6 0 )
1 3 , 0 0 4
1 8 0
( 6 , 4 2 8 )
1 , 8 2 5
-
( 4 6 2 )
2 , 9 7 4
-
( 4 6 6 )
6 0 5
-
( 2 4 7 )
8 3 9
-
( 5 8 4 )
-
-
-
2 , 7 8 3
1 8 0
( 4 , 5 0 9 )
1 , 5 1 2
-
-
Co m m e r c i al p a p e rO t h e r
-( 4 , 4 2 5 )
7 , 0 4 9( 1 0 , 1 6 7 )
-( 2 , 2 5 6 )
-( 8 6 )
-( 7 3 )
-( 1 )
-( 1 4 )
1 , 7 7 9( 3 , 3 1 2 )
5 , 2 7 0-
, ,,, ,
2 8
1. As of March 31st, 20122. EFI: Enel Financial International; EIH: Enel Investments Holding; EP: Enel Produzione; ED: Enel Distribuzione
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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Av er a g e r e si d u a l m a t u r i t y ( y e ar s : m o n t h s )
Av e r a g e c o st o f n e t d e b t Av e r a g e c o st o f g r o s s d e b t
4 . 6 % 4 . 9 %5.0%
5.5% 5.9%6 . 5 %
6 .86 .7 6 .7
N et f i n a n ci al d eb t ( b n )
2 0 1 0 2 0 1 1 1 Q1 22 0 1 0 2 0 1 1 1 Q1 2
Fi x e d + H e d g ed / To t a l n et d eb t
Fi x e d + H e d g ed / To t a l g r o ss l on g t er m d eb t
2 0 1 0 2 0 1 1 1 Q1 2
9 3 % 9 6 % 9 7 %7 9 % 7 8 % 8 2 %
44 .9 44 .6.
2 0 1 0 2 0 1 1 1 Q1 2 2 0 1 0 2 0 1 1 1 Q1 22 0 1 0 2 0 1 1 1 Q1 2
2 91. As of March 31st, 2012
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
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-
m n < 1 2 m
2 Q1 3 - 4 Q1 3 2 0 1 4 Af t e r 2 0 1 62 0 1 5 2 0 1 6
Bank loansBondsOtherTo t a l
Bank loansBondsOtherTo t a l
360927
591 , 3 4 6
360927
591 , 3 4 6
2,317824130
3 , 2 7 1
2,317824130
3 , 2 7 1
2,5572,105
424 , 7 0 4
2,5572,105
424 , 7 0 4
6533,719
514 , 4 2 3
6533,719
514 , 4 2 3
3,22423,515
2042 6 , 9 4 3
3,22423,515
2042 6 , 9 4 3
1,1104,508
545 , 6 7 2
1,1104,508
545 , 6 7 2
m n < 1 2 m
Endesa
2 0 1 4 Af t er 2 0 1 62 0 1 5 2 0 1 62 1 3 - 4 1 3
Bank loans
Bonds 1
Bank loans
Bonds 1
222477222477
1,1862,2271,1862,227
364655364655
205419205419
6032,058
6032,058
203545203545
To t a lTo t a l 7 9 37 9 33 , 7 5 03 ,7 5 0 1 ,1 2 11 ,1 2 1 6 8 36 8 3 3 ,0 7 33 , 0 7 38 0 58 0 5
3 01. Including preference shares
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
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1
60M credit facility for Endesa acquisition2009 credit facility for Endesa acquisition (2014)
1,9331,359
1,9331,359
--
Other committed credit lines 2
To t a l co m m i t t e d cr e d i t l i n e s
14,271
1 8 , 1 8 0
1,327
5 , 2 3 6
-12,944
1 2 , 9 4 4
er s or - erm an e uncomm e nes
To t a l c r e d i t l i n e s
Co m m e r c i al p a p e r
1 8 , 4 5 6
6 , 0 0 0
5 , 3 3 9
5 , 2 7 9
1 3 , 11 7
7 2 1
To t a l c r e d i t l i n e s + CP
Ca s h a n d c a s h e q u i v a l e n t s
To t al l i u id i t
2 4 , 4 5 6
-
2 4 , 4 5 6
1 0 , 6 1 8
( 5 , 7 8 6 )
4 , 8 3 2
1 3 , 8 3 8
5 , 7 8 6
1 9 , 6 2 4
3 1
1. As of March 31st, 20122. Including 1,420mn relating to a committed line pertaining to Slovenske Elektrarne
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
33/46
1
To t a l co m m i t t e d cr e d i t l i n e s
Am o u n t Av a i l ab l eO u t s t a n d i n g
5 ,7 7 5 2 8 0 5 ,4 9 5Other short-term bank debt uncommitted lines
To t a l c r e d i t l i n e s
1,448
7 , 2 2 3
17
2 9 7
1,431
6 , 9 2 6
To t a l c r e d i t l i n e s + CP
Cash and cash equivalents
,
1 0 , 5 2 2
-
,
2 , 0 7 8
(3,208)
,
8 , 4 4 4
3,208
To t a l l i q u i d i t y 1 ,5 2 2 ( 1 ,1 3 0 ) 1 1 ,6 5 2
3 21. As of March 31st, 2012
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
34/46
1
+ 1 6 . 1 %
7 5
1 , 3 1 4
4
,
2 7 52 0 4
Othe r 2
4 1 73 5 6
I b e r ia & L a t a m
M a r k e tI & NI n t e r n a t i o n a l
2 3 8 3 0 9
2 2 92 6 2
3 9 3 41 3
1 Q1 1 1 Q1 2
3 3
1. Continuing operations, gross of connection fees2. Including Services & Holding, Engineering & Innovation, upstream gas and nuclear activities
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
35/46
FY1 1 1 Q1 2 % m n
,
5 4 , 4 4 0
9 9 0 6 9
,
5 5 , 5 7 7
1 0 1 1 9 4
.
+ 2 . 1
+ 2 . 1
Sh a r e h o l d e r s e q u i t y
N et ca i t a l em lo ed
3 4
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
36/46
-
% m n 1 Q 1 21 Q 11
Revenues
EBI TDA
+ 1 8 .5
- 2 0 . 8
6 , 0 3 5
4 4 8
5 , 0 9 4
5 6 6
Capex
- .
- 1 2 . 83 43 9
( 1 )- .,,
3 51. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
37/46
-
% m n 1 Q 1 21 Q 11
Revenues
EBI TDA
+ 8 . 0
- 1 . 7
5 , 3 2 5
1 7 6
4 , 9 3 0
1 7 9
Capex
- .
+ 2 0 0 . 031
( 1 )- .,,
3 61. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
38/46
-
% m n 1 Q 1 21 Q 11
Revenues
EBI TDA
+ 1 . 3
- 3 . 0
1 , 8 0 6
9 5 4
1 , 7 8 3
9 8 4
Capex
- .
+ 2 9 .83 0 92 3 8
( 1 )- .,,
3 71. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
39/46
% m n 1 Q 1 21 Q 11
Revenues
EBI TDA
+ 1 3 .6
- 5 . 8
2 , 3 0 0
4 2 3
2 , 0 2 5
4 4 9
Capex
+ .
+ 1 4 .42 6 22 2 9
( 1 )- .,,
3 81. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
40/46
% m n 1 Q 1 21 Q 11
Revenues
EBI TDA
+ 4 . 9
+ 3 . 4
8 , 4 9 1
1 , 8 8 1
8 , 0 9 7
1 , 8 2 0
Capex
+ .
- 1 4 . 6
,
3 5 6
,
4 1 7
( 1 ).,,
3 91. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
41/46
% m n 1 Q 1 21 Q 11
Revenues
EBI TDA
- 0 . 2
- 2 . 8
6 0 5
3 7 9
6 0 6
3 9 0
Capex
- .
3 4 . 82 7 52 0 4
( 1 ).,,
4 01. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
42/46
1
m n
Revenues 2 4 7 4 4 6 1 - 2 .7H o l d i n g
Se rv ices
1 5 8
2 5 1
7 3
3 3 5
- 5 3 . 8
+ 33 .5
n g n e er n g n n o v a o n
U p s t r e a m
EBI TDA 3
1
1 1
1
4 1
- .
-
+ 2 7 2 . 7
H o l d i n g
Se rv ices
( 1 7 )
3 6
( 7 )
5 4
- 5 8 . 8
+ 50 .0
En g i n e e r i n g & I n n o v a t i o n
U p s t r e a m
( 1 )
( 4 )
( 2 )
( 4 )
+ 10 0
-
4 1
1. Including Services & Holding, Engineering & Innovation, upstream gas and nuclear activities2. Including Other & Elisions of -29mn in 1Q11 and -31mn in 1Q123. Including Other & Elisions of -3mn in 1Q11 and 0mn in 1Q12
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
43/46
1 -
EB I T 2
m n
( 1 6 ) 1 5 n .m .
o n g
Se rv i ce s & o t he r
Eng in ee r i ng & I nn ova t i on
Ups t r eam
1 2
( 2 )
( 4 )
3 2
( 3 )
( 5 )
- .
+ 16 6 .7
+ 50 .0
+ 25 .0
Capex
H o l d i n g
Se rv i ce s & o t he r
4
1
3
7 5
0
1 0
+ 1 , 7 7 5
n .m .
+ 23 3 .3
Eng in ee r i ng & I nn ova t i on
Ups t r eam
H e a d c o u n t
0
0
6 , 5 0 2
0
6 5
6 , 4 8 6
-
n .m .
- 0 . 2( 3 )
H o l d i n g
Se rv i ce s & o t he r
Eng in ee r i ng & I nn ova t i on
Ups t r eam
8 7 3
4 , 2 4 5
1 , 3 2 7
5 7
8 6 3
4 , 2 5 7
1 , 3 0 7
5 9
-1 .1
+ 0 .3
-1 .5
+ 3 .5
4 2
1. Including Services & Holding, Engineering & Innovation, upstream gas and nuclear activities2. Including Other & Elisions of -3mn in 1Q11 and 0mn in 1Q123. As of December 31st, 2011
Enel SpAI n v e s t o r Re l at i o n s1 Q 2 0 1 2 r e s u l t s - Fi n a n ci a l a n n e x e s
-
7/31/2019 Enel Risultati Finanziari
44/46
- 4 . 4 %
3 , 0 3 6
2 , 9 0 2- 11 . 0 %
2 9 9 1 5
1 , 1 5 2
2 6 6
I b e r i a & L a t a m
t er
I n t e r n a t i o n a l
EGP+ 1 . 7 %1 , 1 7 2
2 9 4
M a r k e t
I & N
G&EM
.
- 4 . 6 %7 5 9
7 2 4
1 Q1 1 1 Q1 2
- 2 3 . 0 %- 3 0 . 5 %
9 44 2 6 2 9 6
- 1 6
4 31. Including Services & Holding, Engineering & Innovation, upstream gas and nuclear activities
Enel SpAI n v e s t o r Re l at i o n s
-
7/31/2019 Enel Risultati Finanziari
45/46
Th i s p r e se n t a t i o n m a y c on t a in c er t a in s t a t e m e n t s t h a t a r e n e i t h e r r e p or t e df i n a n ci al r e su l t s n o r o t h e r h i s t o r i ca l i n f o r m a t i o n ( f o r w a r d - l o o k i n gs t a t e m e n t s ) . Th e se f o r w a r d - l o o k i n g st a t e m e n t s ar e b a se d o n En e l S.p . A.s
.f o r w a r d - l o ok i n g st a t e m e n t s ar e s u b j e ct t o r i sk s a n d u n ce r t a i n t i e s, act u a l f u t u r er e su l t s m a y d i f f er m a t e r i al l y f r o m t h o se ex p r e sse d i n o r i m p l i ed b y t h e sest a t e m e n t s d u e t o a n y n u m b e r o f d i f f er e n t f a c t o r s , m a n y o f w h i ch a r e b e y on d
. . . ,
t h e r eg u l a t o r y e n v i r o n m e n t , f u t u r e m a r k e t d e v el o p m e n t s , f l u ct u a t i o n s i n t h ep r i c e a n d a v a il a b i li t y o f f u e l an d o t h e r r i s k s . Yo u a r e ca u t i o n e d n o t t o p l a ceu n d u e r e li an ce o n t h e f o r w a r d - l o o k i n g s t a t e m e n t s co n t a i n ed h e r e i n , w h i ch a r em a e o n y as o e a e o s p r esen a o n . n e .p . . o es n o u n er a ea n y o b l i g a t i o n t o p u b l i cl y r e l e as e a n y r e v i s io n s t o a n y f o r w a r d - l o o k i n gs t a t e m e n t s t o r e f l e ct e v e n t s o r c i r c u m s t a n ce s a f t e r t h e d a t e o f t h i s p r e s en t a t i o n .
u r su an o a r . - , p ar . , o e n e n an c a c o e r u ar y ,1 9 9 8 , t h e ex e c u t i v e i n ch a rg e o f p r e p a r i n g t h e c or p o r a t e a cc ou n t i n g d o c u m e n t sa t En e l , L u i g i Fe r r a r i s , d e c la r e s t h a t t h e a cc o u n t i n g i n f o r m a t i o n c o n t a i n e d h e r e i nco r r e sp o n d t o d o c u m e n t r e su l t s , b o o k s a n d a cco u n t i n g r e co r d s .
4 4
Enel SpAI n v e s t o r Re l at i o n s
-
7/31/2019 Enel Risultati Finanziari
46/46
. .
Luca Tor ch ia ( H ea d o f I R) + 3 9 0 6 8 30 5 3 4 37+ 3 9 0 6 8 30 5 3 4 37
Pe d r o Ca a m e r o ( Eq u i t y I R)
El isabe t t a Gh ezz i ( Fi x e d i n co m e I R)
+ 3 9 0 6 8 30 5 5 2 92
+ 3 9 0 6 8 30 5 2 7 08
+ 3 9 0 6 8 30 5 5 2 92
+ 3 9 0 6 8 30 5 2 7 08
M a t t e o Ca v a d i n i ( S t a f f ) + 3 9 0 6 8 30 5 2 3 26+ 3 9 0 6 8 30 5 2 3 26
M a r c o Do n a t i ( S t a f f )
Feder i ca Dor i ( S t a f f )
+ 3 9 0 6 8 30 5 9 2 52
+ 3 9 0 6 8 30 5 7 9 75
+ 3 9 0 6 8 30 5 9 2 52
+ 3 9 0 6 8 30 5 7 9 75
Vi si t o u r w eb si t e a t :Vi si t o u r w eb si t e a t :
Feder i ca Todar o ( S t a f f ) + 3 9 0 6 8 30 5 9 5 02+ 3 9 0 6 8 30 5 9 5 02
4 5
w w w .en el .co m ( I n v est o r Rel at i on s)w w w .en el .co m ( I n v est o r Rel at i on s)