Ege haina 2q 2010

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Quarterly Quarterly Financial Report Financial Report June 30th, 2010

June 30th, 2010

EGE Haina Reports Second Quarter 2010 Net Income of US$6.9 million; Revenues of US$94.9 million Special points of interest:

Santo Domingo, Dominican Republic, August 17th, 2010 – EGE Haina announced

 EGE Haina reported a

Consolidated Net Debt to Consolidated EBITDA Ratio and a Consolidated Interest Coverage Ratio of 1.1:1.0 and 5.6:1.0, respectively, as of June 30th, 2010.

 In June 2010, the company collected US$12.2 MM corresponding to the principal and interests of the 2010 Sovereign bonds (first tranche). The company still holds US$10.5 million 2011 Sovereign Bond as an investment.

today a second quarter 2010 net income of US$6.9 million, compared to a net income of US$4.8 million in the second quarter 2009, driven by an increase in energy sales price and higher demand. Second quarter 2010 revenues were US$94.9 million, showing a 38% increase when compared to the same period of the previous year.

Financial and Operational Summary

 In June 2010, the company made a US$10.0 MM dividend payment to its shareholders.

Inside this Issue:  Quarter highlights

2

 External factors

2

 MD&A

3

 Financial Debt

5

 Collections

6

 Financial results

7

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(US$ Thousands, except for Operational data)

Description

2Q'10

2Q'09

Var %

YTD'10

YTD'09

Var %

Revenues

94,928

68,621

38%

189,029

123,978

52%

Operating Costs

81,121

63,298

28%

159,708

115,680

38%

Variable M argin

34,850

23,991

45%

70,616

42,880

65%

EBITDA¹

17,853

9,183

94%

37,344

16,025

133%

Operating Income (loss)

13,807

5,323

159%

29,321

8,298

253%

Net Income (loss)

6,953

4,774

46%

17,378

1,470

1083%

Operating cash, net

12,653

(6,845)

-285%

79,439

(8,188)

-1070%

Availability, %

88

85

3%

85

92

-8%

Sales, GWh

505

478

6%

988

936

6%

Generation, GWh

375

330

14%

804

675

19%

Spot Purchases, GWh

131

148

-12%

183

260

-29%

EBITDA is a non-GAAP financial measure, which is calculated by adding depreciation and amortization expenses to the Operating income.

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