Investor Presentaiton
eneva
Economic-financial
performance
The year 2021 was marked by the biggest
hydrological crisis in the last 90 years, which
led to an increase in thermoelectric generation,
and by the gradual resumption of economic
activity and consequent recovery in energy
consumption after the impact caused by the
Covid-19 pandemic. In this scenario, we achieved
net operating revenue of R$ 5,124 million, an
increase of 58% compared to 2020. Net income
for the period was R$ 1,173 million, 16.4% higher
than last year.
With the higher level of our activities,
we posted operating costs of R$ 3,181.7 million
and operating expenses of R$ 544.8 million,
respectively 82.3% and 21.5% above 2020, a
year in which there was lower dispatch of our
thermoelectric plants.
Due to this performance, we recorded the
highest Ebitda in our history, R$ 2,256 million,
39.5% higher than in the previous period. Our cash
position was R$ 1.7 billion at the end of 2021.
Economic and financial indicators (in R$ million)
2021
2020
< 102 >
%
Net operational revenue
5,124.4
3,243.3
58.0%
Operating costs
Depreciation and amortization
(3,181.7)
(1,745.4)
82.3%
(547.5)
(419.2)
30.6%
Operating expenses
(544.8)
(448.5)
21.5%
Dry wells and PCLD
(55.6)
(17.9)
210.3%
Depreciation and amortization
(61.3)
(62.9)
-2.5%
Other revenue/expenses
194.6
76.1
155.6%
Equity pickup
(0.7)
(8.8)
-91.7%
Ebitda ICVM 527/12
2,200.7
1,598.9
37.6%
Ebitda excluding dry wells'
2,256.3
1,616.9
39.5%
Net financial result
(186.5)
(299.7)
-37.8%
1,405.3
817.1
72.0%
(105.9)
(33.9)
212.7%
(126.1)
223.3
Minority interests
(0.0)
(1.1)
1,173.3
1,007.6
N/A
-99.3%
16.4%
"In 2021 we achieved the best financial result in
our history. We are able to continue investing
in transformative projects, with above-average
real returns and enhanced by an efficient capital
structure."
Marcelo Habibe, Chief Financial & Investor Relations Officer
EBT
Current taxes
Deferred taxes
sustainability report 2021
Net income
1 Ebitda calculated according to the guidelines of ICVM 527/12 and the accompanying Explanatory Note, adjusted to exclude the impact of dry wells and
constitution or reversal of provisions for doubtful accounts (PCLD).
financial capitalView entire presentation