Edenor is the largest electricity distribution company in Argentina both in number of customers and electricity sold. Edenor holds a 95-year concession ending on 2087 to distribute electricity on an exclusive basis to the northwestern zone of the greater Buenos Aires metropolitan area and the northern portion of the City of Buenos Aires, comprising an area of 4,637 square kilometers and approximately 2.7 million customers.
The following charts summarizes the technical and financial information of Emdersa:
Technical Information
2009
2010
2011
Transmission and distribution lines (Km)
35.317
35.855
36.156
Clients (million)
2,6
2,7
2,7
Energy sales (GWh)
18.220
19.292
20.097
Financial Information 1
2009
2010
2011
Net sales
2.077,9
2.173,6
2.280,9
EBITDA2
398,3
272,9
(31,9)
Net Income
90,6
(49,1)
(435,4)
Net cash flow provided by operating activities
668,0
526,9
502,3
Net cash flow used in investment activities
(404,2)
(381,3)
(1.127,7)
Net cash flow used in financing activities
(161,8)
(302,9)
48,9
Current assets
693,6
1.153,8
1.075,3
Non-current assets
3.677,2
3.773,5
4.291,7
Total Assets
4.370,8
4.927,3
5.366,9
Current liabilities
760,3
786,5
1.075,8
Non-current liabilities
1.428,3
2.390,9
2.976,6
Total Liabilities
2.188,5
3.177,4
4.052,4
Shareholder’s Equity
2.182,2
1.749,9
1.314,5
1 Amounts taken from the annual financial statements in millons of Pesos. 2 The EBITDA represents the consolidated earnings before financial results, net, income taxes, depreciation, amortization, reserve directors options, other income and expenses, net, and minority interest.