1 / 9

August, 2010

August, 2010. Disclaimer. Total Shares.

damita
Télécharger la présentation

August, 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. August, 2010

  2. Disclaimer Total Shares • Some statements in thispresentation are regardedunderU.S.Securitieslaw as forward-lookingstatements, i.e., statementsthat are subject to risksanduncertainties. Forward-lookingstatements are forecastswhichmaydiffermateriallyfromthe final figures andwhich are notunderourcontrol. For furtherinformationontherisksanduncertainties as they relate to us, pleaseseeour 20-F form for 2009 in particular, item 3 whichcontains “BasicInformation – RiskFactors.” All figures are expressed in Brazilian GAAP. 2

  3. Power Generation Power Generation (under construction) Power Transmission Power Transmission (under construction) Electricity Distribution Cemig “Free Consumer” Clients Purchase of Energy Wind Power Generation Wind Power Generation (under construction) Natural Gas Distribution A Traditional Electric Power Business Operations in 20 states of Brazil Chile Brazil RR AP MA AM PA CE RN PB PI PE AC AL TO RO SE BA MT DF MG GO ES MS SP RJ PR SC RS 3

  4. The largest integrated power utility in Brazil Power Generation: 6,875 MW of installed capacity Free Customer: 25% of Brazil’s Market Share Power Transmission: 8,348 Km Electricity Distribution: 474 thousand Km We are top player in each business. 4

  5. Strong Management • HighestCorporateGovernancestandardsandintegrity • 14 BoardofDirectorsMembers • 10 members are independentaccording to DJSI criteria • Full SOX (SarbanesOxley) compliance • Growth-drivenLongTermStrategicPlan, incorporatedintoourbylaws • Expansionopportunitiesevaluatedusingstrictprofitabilitycriteria • Investments in projectsoffering real internal rates ofreturnsaboveourcostof capital • Cemig is the only power utility and one of three Brazilian companies in the new Global Dow Index 5

  6. Financial Highlights Net margin (%) Ebitda margin (%) Net income (R$ million) Ebitda (R$ million) Dividend pay-out (% of Net income) Dividends (R$ Million) 6

  7. Dividend Policy • 50% pay out: incorporatedintoourbylaws, we distribute • a minimum of 50% of the net income accounted for the previous year. • Plus extra dividends, every two years, if the availability of cash permits, we will distribute extraordinary dividends. • Paid in semi-annual basis: on June 30 and by December 30 • Preferred shares have preference in the event of reimbursement of shares, and receive an obligatory minimum dividend equal to the greater of: • 10% of their nominal value, or • 3% of the book value to which they correspond. Dividend Payout Dividend Yield (% of Net Income) (%) 7

  8. CIG/2009 6.9 US$ billion 4.7 US$ million 11.8 498 R$ million R$ billion Strong shareholders base assures liquidity EUROPA Luxembourg UK Spain Switzerland Ireland Guernsey Jersey Holland France Norway Denmark Italy Sweden Germany Belgium Austria Portugal Poland Romania ASIA Brunei Singapore SouthKorea Japan Malasia Taiwan North America XCMIG/2009 Canada México United States € 33.5 million NYSE CIG.C/2009 Latibex Central America Bermuda Bahamas Cayman Islands Turks & Caicos Islands Virgin Islands BOVESPA Middle East Saudi Arabia United Arab Emirates Kuwait Oman Syria CMIG3/2009 CMIG4/2009 South America Argentina Bolivia Brazil Chile Uruguay OCEANIA Australia • Our Shares are traded in 3 Stock Exchanges • 117,000 shareholders over 44 countries AverageDaily Trading Volume - 2009 Bovespa: R$ 47 million NYSE: US$ 33 million 8

  9. Investor Relations E-mail: ri@cemig.com.br Phone: (55 31) 3506-5024 Fax: (55 31) 3506-5025 http://ri.cemig.com.br 9

More Related