Chubu Electric Power : Presentation Materials for Six-Months ended September 30, 2022

Presentation Materials

for Six-Months ended September 30, 2022

October 28, 2022

INDEX

Ⅰ ｜ Outline of Financial Results for Six-Months ended September 30, 2022

Summary of Financial Results

Summary of Financial Results by Segments Electrical Power Generation [Reference] Image of Time Lag (Result) Summary of Forecast for FY2022 Dividends

[Reference] Image of Time Lag (Forecast)

Ⅱ ｜ Reference Data: Financial Results

Consolidated Statements of Income

Consolidated Financial Standing

Forecast for FY2022 by Segments

Consolidated Financial Indicators etc.

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C o p y r i g h t © C h u b u E l e c t r i c P o we r C o . , I n c . A l l r i g h t s r e s e r v e d .

• Outline of Financial Results for Six-Months ended September 30, 2022

Note: The company's fiscal year (FY) is from April 1 to March 31 of the following year.

FY2022 represents the fiscal year begun on April 1, 2022, and ending on March 31, 2023.

2nd Quarter (2Q) represents six months period ended September 30, 2022.

Monetary amounts are rounded down to the nearest whole number of the units being used, while principal figures like electrical energy sold or electric energy output are rounded to the nearest unit.

C o p y r i g h t © C h u b u E l e c t r i c P o we r C o . , I n c . A l l r i g h t s r e s e r v e d .

Summary of Financial Results <1>

(Consolidated)

• Operating revenues: 1,792.2 billion yen

Operating revenues increased by 618.7 billion yen compared with 2021/2Q, mainly due to an increase in fuel cost adjustment charge (328.7 billion yen).

• Ordinary income/loss: -23.0 billion yen

Ordinary income/loss deteriorated significantly, mainly due to an expansion of time lag loss (-137.0 billion yen) and an increase in supply and demand adjustment costs in Power Grid.

On the other hand, ordinary income/loss decreased by 86.7 billion yen compared with 2021/2Q, mainly due to positive factors such as an increase in income of LNG and coal trading in JERA.

・Operating revenues increased for the first time in 3 years since 2019/2Q. ・Ordinary income/loss decreased 2 consecutive years since 2021/2Q.

・We recorded increased sales and decreased income for the first time in 5 years since 2017/2Q. ・We recorded deficits for the first time in 9 years since 2013/2Q.

						(Billion yen,%)
	2022/2Q		2021/2Q		Change
	(A)		(B)		(A-B)	(A-B)/B
Operating revenues	1,779.2	1,160.4		618.7	53.3
Operating income	61.2	54.0		7.1	13.3
Ordinary (loss) income	(23.0)	63.6		(86.7)	-
	<159.0>	<109.0>			<45.9>
Extraordinary loss (*)	(10.0)	-		(10.0)	-
Net (loss) income attributable to owners of parent	(42.6)	42.6		(85.2)	-

(*) FY2022/2Q: Impairment loss

(Note) The number of consolidated subsidiaries ［change from the previous year in parenthesis］

2022/2Q: 60 subsidiaries (+6 companies), 66 affiliates accounted for under the equity method (+12 companies)

1	C o p y r i g h t © C h u b u E l e c t r i c P o we r C o . , I n c . A l l r i g h t s r e s e r v e d .

Summary of Financial Results <2>

(Operating revenues decreased by 618.7 billion yen)

18,1,800.00

An increase in electrical

energy sold to other

companies etc.

16,000

1,600.0

An increase in fuel cost

adjustment charge

14,1,400.00

328.7

12,1,200.00

1,160.4

10,1,000.00

2021/2Q

Operating Revenues

(Billion yen)

Others

290.1

1,779.2

2022/2Q

Operating Revenues

2	C o p y r i g h t © C h u b u E l e c t r i c P o we r C o . , I n c . A l l r i g h t s r e s e r v e d .