Grupo Energía Bogotá S A E S P : TGI - EEFF Consolidados 3Q21

DocuSign Envelope ID: 22AB96AD-446D-4503-BF2B-55DFB14A1C31

TRANSPORTADORA DE GAS INTERNACIONAL S.A. E.S.P.

STATEMENTS OF FINANCIAL POSITION AS OF SEPTEMBER 30, 2021 AND DECEMBER 31, 2020 (In thousands of U.S. dollar and million of Colombian Peso)

	DEC. 2020		SEP. 2021
ASSETS	USD		USD		COP
CURRENT ASSETS
Cash and cash equivalents	$ 136.628	$	92.739	$	355.624
Trade accounts receivable and other	62.717		86.346		331.109
accounts receivable
Inventory	11.691		13.178		50.533
Other non-financial assets	3.412		6.974		26.746
Total current assets	214.448		199.237		764.012

NON- CURRENT ASSETS
Properties, plants and equipments	2.161.805	2.113.618	8.105.048
Assets by right of use	2.860	3.551	13.619
Investments in associates	14.829	15.642	59.983
Trade accounts receivable and other	12.301	12.189	46.741
accounts receivable
Intangible assets	157.632	156.168	598.855
Other financial assets	54	65	244
Other non-financial assets	6.248	5.661	21.708
Total non-current assets	2.355.729	2.306.894	8.846.198

LIABILITIES AND EQUITY

CURRENT LIABILITIES

Trade accounts payable and other accounts payable

Current tax liabilities

Employee benefit obligations Provisions

Lease liabilities

Other financial liabilities

Accounts payable with related parties Total current liabilities

NON- CURRENT LIABILITIES Accounts payable with related parties Provisions

Lease liabilities Other liabilities Deferred tax liabilities

Bonds issued

Total non-current liabilities

Total liabilities

EQUITY Capital stock

Additional paid-in capital Reserves

Retained earnings

Net Income of the period

Cumulative other comprehensive income Cumulative translation adjustment Total equity

	DEC. 2020		SEP. 2021
	USD		USD		COP
$	12.061	$	2.843	$	4.208
	38.503		39.086		149.884
	5.298		4.499		17.252
	14.477		13.647		52.332
	1.764		1.961		4.278
	12.306		20.941		90.235
	3.035		6.606		25.333
	87.444		89.583		343.522
	370.000		370.000		1.418.832
	81.822		76.056		291.652
	184		5.387		20.658
	15.703		14.057		53.901
	345.155		400.639		1.536.323
	752.357		746.637		2.863.115
	1.565.221		1.612.776		6.184.481
	1.652.665		1.702.359		6.528.003
	703.868		703.868		1.565.487
	56.043		56.043		196
	184.913		203.181		566.188
	(35.439)		(92.590)		(288.115)
	150.786		75.929		280.719
	(142.659)		(142.659)		(947.589)
	-		-		1.905.321
	917.512		803.772		3.082.207

Total assets$ 2.570.177 $ 2.506.131 $ 9.610.210Total liabilities and equity$ 2.570.177 $ 2.506.131 $ 9.610.210

The accompanying notes are an integral part of the Financial Statements

____________________________________	_______________________________________
MONICA LETICIA CONTRERAS ESPER	ADOLFO LEON OSPINA LOZANO
Statutory Representative	Accountant
	Professional card No. 30901-T

DocuSign Envelope ID: 22AB96AD-446D-4503-BF2B-55DFB14A1C31

TRANSPORTADORA DE GAS INTERNACIONAL S.A. E.S.P.

STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME FOR THE PERIOD JANUARY 1st TO SEPTEMBER 30th, 2021 AND 2020 (In thousands of U.S. dollar and million of Colombian Peso)

		SEP. 2020		SEP. 2021
		USD		USD		COP
CONTINUED OPERATIONS
Income	$	335.887	$	287.136	$	1.061.569
Sales Cost		(120.564)		(106.433)		(393.494)
Gross margin		215.323		180.703		668.075
OPERATING AND MANAGEMENT EXPENSES
Personal services		(5.878)		(7.701)		(28.472)
Taxes		(2.317)		(1.798)		(6.647)
Depreciation, amortization and provision		(4.225)		(8.188)		(30.273)
Other expenses		(9.279)		(10.992)		(40.642)
Other income		2.091		6.948		25.686
Financial costs		(52.578)		(49.501)		(183.001)
Financial income		3.092		3.212		11.875
Foreign exchange differences		14.071		(529)		(1.955)
Participation in the result of associates		(2.959)		814		3.008
Profit before income tax		157.341		112.968		417.654
INCOME TAX		(50.227)		(37.039)		(136.935)
Net income	$	107.114	$	75.929	$	280.719
OTHER COMPREHENSIVE INCOME
Items which will be reclassified to profit or loss:
Participation in other comprehensive income of the associates	$			-		5.779
Translation adjustment to presentation currency		-		-		347.082
Total Other comprehensive Result		-		-		352.861
COMPREHENSIVE INCOME	$	107.114	$	75.929	$	633.580

______________________________	_______________________________
MONICA LETICIA CONTRERAS ESPER	ADOLFO LEON OSPINA LOZANO
Statutory Representative	Accountant
	Professional card No. 30901-T

DocuSign Envelope ID: 22AB96AD-446D-4503-BF2B-55DFB14A1C31

TRANSPORTADORA DE GAS INTERNACIONAL S.A. E.S.P.

STATEMENTS OF CASH FLOWS

FOR THE PERIOD JANUARY 1st TO SEPTEMBER 30th, 2021 AND 2020 (In thousands of U.S. dollar and million of Colombian Peso)

		SEP. 2020		SEP. 2021
		USD		USD		COP
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	107.114	$	75.929	$	280.719
Reconciliation between net income and net cash provided by operating activities:
Depreciation and amortization		69.428		72.604		268.423
Unrealized exchange difference		(14.071)		529		1.955
Employee benefits		(309)		(1.669)		(6.170)
Amortized cost financial liabilities		268		284		1.050
Losses on disposal liabilities		3.312		3.625		13.403
Deferred income tax		(8.468)		(1.667)		(6.163)
Current income tax		58.695		38.706		143.098
Financial cost		48.998		45.592		168.557
Financial income		(2.783)		(1.543)		(5.705)
Participation in the results of associates		2.959		(814)		(3.008)
Loss on disposals of property, plant and equipment		(2)		40		113
(Recovery) Impairment of inventory		(3)		158		583
Impairment accounts receivable		195		3.951		14.607
Recovery of provisions		(2.036)		(6.942)		(25.665)
		263.297		228.783		845.797
Net changes in operating assets and liabilities
Trade accounts receivable and other accounts receivable		(33.839)		(20.135)		(77.221)
Inventory		92		(1.645)		(10.768)
Other non-financial assets		(2.548)		1.716		6.582
Other financial assets		-		-		-
Trade accounts payable and other accounts payable		18.833		27.225		85.676
Employee benefit obligations		(72)		1.051		4.031
Other financial liabilities		(3.279)		(7.394)		(28.353)
Interest paid		(21.427)		(20.983)		(77.663)
Interest paid related parties		(11.331)		(9.855)		(37.107)
Tax paid		(59.629)		(68.474)		(251.824)

Net cash provided by operating activities

CASH FLOWS FROM INVESTING ACTIVITIES:

Investments in associates

Property, plant and equipment

Intangibles

Net cash flow used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES:

Payment of financial obligations

Payment of dividends

Net cash used in by financing activities

NET CHANGES IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

Effects of exchange rate changes on cash

CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT THE BEGINNING OF THE YEAR

CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT THE END OF THE PERIOD

150.097	131.949	465.517
-	-	-
(29.833)	(23.219)	(87.058)
-	-	-
(29.833)	(23.219)	(87.058)
(1.292)	(2.642)	(6.528)
(47.337)	(132.517)	(489.434)
(48.629)	(135.159)	(495.962)
71.635	(26.429)	(117.503)
(16.105)	(17.460)	4.152
78.215	136.628	468.975

$ 133.745 $ 92.739 $ 355.624

______________________________	_______________________________
MONICA LETICIA CONTRERAS ESPER	ADOLFO LEON OSPINA LOZANO
Statutory Representative	Accountant
	Professional card No. 30901-T