Management Report

We are very happy to report positive financial, operating and social contribution results for Grupo Energía Bogotá and its affiliates in 2019, a year during which we consolidated the objectives we had set out in our Corporate Strategic Plan (CSP), the roadmap we developed four years ago to position ourselves as one of the most important companies in Latin America’s energy sector.

Download Management and Financial Report

We continue with our transformation

In 2016 we launched a profound transformation to drive the Group’s growth and make in more competitive in the highly dynamic energy sector. We evolved from being an electric energy transmission with a portfolio of investments in companies to becoming a major Corporate Group with nine affiliates in Colombia, Peru, Brazil and Guatemala, and equity stakes in other major companies in the electric energy and natural gas value chain.

7.4

million

customers through subsidiaries
and investees as of today.

14,006

kilometers

of transmission networks.

4,500

kilometers

of gas pipelines.

12,000

kilometers

of natural gas distribution networks.

3,506

megawatts

of installed capacity.

900,000

people

benefitted from our Shared Value programs.

Financial Results

We achieved record income and profits, as well as record dividends paid out to the Capital District of Bogotá, our main shareholder (with 65.7% of shareholdings) and to over 6,000 private investors who have placed their trust in GEB.

Other financial results:

COP

4.89

trillion

in consolidated income,
with 22.25% growth.

COP

1.85

trillion

trillion in profits,
which represents 5.71% growth.

COP

3.12

trillion

in EBITDA,
a 18.18% variation.

COP

1.29

trillion

delivered in dividends
to our shareholders.

COP

27.8

trillion

in consolidated assets.

COP

27.8

trillion

in assets.

COP

13.1

trillion

in equity.

COP

14.2

trillion

in liabilities.

Strategic Business Groups

Transmission and Transport Distribution Generation

Vision of the Future

The transformation we have implemented in recent years will allow us to continue growing in the Latin American energy market. To this end, we have set great challenges for ourselves, among them a Mega for 2025 according to which “Grupo Energía Bogotá will be among the five companies with the highest profits in the Colombian market, with year-on-year growth of more than 9% and its companies will generate an EBITDA* of more than COP 8 trillion from their Latin American operations”.

We will continue to analyze growth opportunities in Latin America, in the Energy Generation, Transmission and Distribution business, with special emphasis on the countries where we already have a presence. We will continue to promote the massification of natural gas, and not only for consumption by households, industry and commerce, but also for mass transport, as it is a more environmentally friendly transitional energy source.

We are a Corporate Group that will continue to work with enthusiasm and contribute to the growth of Colombia, Peru, Brazil and Guatemala, and the Latin American countries where we have business opportunities.

Thank you.

Astrid Álvarez Hernández

President of Grupo Energía Bogotá

Maintenance work on our transmission lines in Guasca (Cundinamarca)