Interconexión Eléctrica S.A. E.S.P. Reports Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
August 02, 2013 at 11:40 am EDT
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Interconexión Eléctrica S.A. E.S.P. reported unaudited consolidated and standalone earnings results for the second quarter and six months ended June 30, 2013. For the quarter, on consolidated basis, the company reported total operating revenues of COP 900,048 million against COP 1,044,537 million a year ago. Operating income was COP 423,311 million against COP 502,513 million a year ago. Income before taxes was COP 254,984 million against COP 302,684 million a year ago. Net income was COP 147,226 million against COP 46,195 million a year ago. EBITDA was COP 466,700 million against 702,684 million a year ago. Net cash provided by operating activities was COP 2,234,823 million against COP 393,448 million a year ago. Purchase of property, plant and equipment was COP 301,252 million.
For the six months, on consolidated basis, the company reported total operating revenues of COP 1,716,297 million against COP 2,186,200 million a year ago. Operating income was COP 707,628 million against COP 1,111,233 million a year ago. Income before taxes was COP 462,279 million against COP 704,761 million a year ago. Net income was COP 217,528 million against COP 145,652 million a year ago. EBITDA was COP 937,587 million against 1,517,854 million a year ago.
For the quarter on standalone basis, the company reported total operating revenues of COP 249,079 million against COP 248,203 million a year ago. Operating income was COP 119,823 million against COP 117,187 million a year ago. Income before taxes was COP 175,557 million against COP 71,770 million a year ago. Net income was COP 147,226 million against COP 46,195 million a year ago. EBITDA was COP 148,435 million against 149,642 million a year ago.
For the six months, on standalone basis, the company reported total operating revenues of COP 489,466 million against COP 500,280 million a year ago. Operating income was COP 244,141 million against COP 244,477 million a year ago. Income before taxes was COP 275,850 million against COP 197,558 million a year ago. Net income was COP 217,528 million against COP 145,652 million a year ago. EBITDA was COP 300,846 million against 310,457 million a year ago. Net cash provided by operating activities was COP 380,960 million against COP 267,232 million a year ago. Purchase of property, plant and equipment was COP 124,678 million against COP 46,312 million a year ago. Additions of deferred and other assets was COP 8,005 million.
Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.
Interconexión Eléctrica S.A. E.S.P. Reports Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. 
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