Relación con inversionistas

Investor FAQ | May 15, 2018

Click on the plus (+) icon to display the options. The questions are broken down by topic: accounting, affiliates, projects, planning, regulation, etc.

Accounting
Affiliates
Debt
Projects
Planning
Regulation
Accounting

What is the income tax rate of the countries where ISA is present? (02.28.2017)

The nominal rate specified for each country is:

Colombia
34% + 5% CREE surcharge for 2016, 40% for 2017, 37% and 2018 and from 2019 hereinafter 33%
Brasil 34%
Chile In the semi-integrated system 27% (as of 2018). From 2014 to 2017 will rise progressively from 20% to 25,5%.
Bolivia 25%
Peru REP:27% ISA Perú: 22% CTM: 30% PDI: 30% (2015 and 2016: 28%; 2017 and 2018: 27%, and from 2019 hereinafter 29,5%) in REP, Peru and CTM ISA rates will not change because they have stability agreement.
ACCOUNTING

What are the total and construction revenues and costs for 4Q17? (15.04.2018)

COP Million

CONSTRUCTION REVENUES 2018 2017 Var.$ Var.% 1Q18 USD
COLOMBIA
-
-
-
-
-
CHILE
22.603
13.857
8.745
63.1%
8
BRAZIL
67.077
71.674
-4.596
-6,4%
23
PERU
62.233
135.394
-73.161
-54,0%
22
OTHERS
-
-
-
-
-
TOTAL
151.913
220.925
-69.012
-31,2%
53
CONSTRUCTION REVENUES 2018 2017 Var.$ Var.% 1Q18 USD
ELECTRIC ENERGY TRANSPORT
129.311
207.068
-77.757
-37,6%
45
TOLL ROAD CONCESSIONS
22.603
12.880
9.722
75,5%
8
TELECOMMUNICATIONS TRANSPORT
-
977
-977
-100,0%
-
MANAGEMENT OF REAL TIME SYSTEMS
-
-
-
-
-
TOTAL
151.913
220.925
-69.012
-31,2%
53
CONSTRUCTION - OPERATING COSTS AND EXPENSES 2018 2017 Var.$ Var.% 1Q18 USD
COLOMBIA
-
-
-
-
-
CHILE
19.175
10.797
8.378
-77,6%
7
BRAZIL
66.830
64.865
1.965
3,0%
23
PERÚ
57.388
133.367
-75.979
-57,0%
20
OTHERS
-
-
-
-
-
TOTAL
143.393
209.029
-65.636
-31,4%
50
CONSTRUCTION - OPERATING COSTS AND EXPENSES 2018 2017 Var.$ Var.% 1Q18 USD
ELECTRIC ENERGY TRANSPORT
124.218
198.232
-74.014
-37,3%
43
TOLL ROAD CONCESSIONS
19.175
10.797
8.378
77,6%
7
TELECOMMUNICATIONS TRANSPORT
-
-
-
-
-
-
MANAGEMENT OF REAL TIME SYSTEMS
-
-
-
-
-
TOTAL
143.393
209.029
-65.636
-31,4%
50
ACCOUNTING
Costs
917.101
666.986
37%
Construction costs
284.811
148.061
92%
Costs – Construction
632.290
518.925
22%
EBITDA
778.945
619.717
26%
EBITDA Margin
50,52%
53,56&
EBITDA Margin without construction
62,40%
62,13%
Net Income
192.416
146.492
31%
Net Margin
12,48%
12,66%
Net Margin without Net Margin
15,41%
14,69%
ACCOUNTING

¿Which is the conversion effect of P&G in 1Q17? (05.15.2017)

INCOME STATEMENT- COP Million 1Q17 1Q16 Change $ Change % Change x convertion efect Var. X Other concepts
Revenues from ordinary activities
1.643.040
1.541.884
101.155
6,6%
-36.878
138.033
Sales and operation costs
682.394
670.802
11.592
1,7%
-19.769
31.362
Gross profit on sales
960.645
871.082
89.563
10,3%
-17.108
106.671
Administrative expenses
163.223
246.299
-83.077
-33,7%
-7.007
-76.069
Other income /(expense) net
7.173
196
6.977
3557,8%
-17
6.994
Net equity method
52.395
13.433
38.962
290,1%
1.565
37.396
Income from operating activities
856.991
638.412
218.579
34,2%
-8.553
227.131
Financial income
85.292
142.879
-57.588
-40,3%
-2.096
-55.492
Financial expenses
333.876
384.393
-50.518
-13,1%
-3.911
-46.607
Income before taxes
608.407
396.898
211.508
53,3%
-6.738
218.246
Income tax provision
183.304
124.343
58.960
47,4%
-1.579
60.540
Year-end income
425.103
272.555
152.548
56,0%
-5.159
157.707
Minority interests
185.179
80.141
105.038
131,1%
3.033
102.006
NET INCOME
239.924
192.414
47.510
24,7%
-8.191
55.701
EBITDA
953.484
778.945
174.538
22,4%
0
0
EBITDA Margin
58,0%
50,5%
8%
Operating margin
52,2%
41,4%
8%
Net margin before IM
25,9%
17,7%
8%
Net Margin
14,6%
12,5%
2%
EXCLUDING CONSTRUCTION
EBITDA Margin
69,6%
64,9%
5%
Operating margin
59,4%
50,6%
9%
Net margin before IM
29,1%
21,4%
8%
Net Margin
16,0%
15,0%
1%
EBITDA Margin
69,6%
64,9%
5%
Operating margin
62,5%
53,2%
9%
Net margin before IM
30,5%
22,5%
8%
Net Margin
16,9%
15,8%
1%
DEPOSIT OF CONSTRUCTION AND CONTRIBUTIONS OF ADMINISTERED PORTFOLIOS:
EBITDA margin
69,6%
64,9%
5%
operacional margin
62,5%
53,2%
9%
Net margin before minority interest
30,5%
22,5%
8%
Net margin
16,9%
15,8%
1%
AFFILIATES

What are the revenues classified by service and by country 2014, 2015, 2016, 2017? (13.03.2018)

Consolidated view, it includes intercompany eliminations (IFRS).

2017 COP Million Colombia Brazil Peru Chile Others Total
ELECTRIC ENERGY TRANSPORT
1.395.880
2.494.756
1.338.880
13.427
90.447
5.333.389
77%
TOLL ROAD CONCESSIONS
0
0
0
1.140.713
0
1.140.713
16%
TELECOMMUNICATIONS TRANSPORT
153.348
88.335
57.706
23.355
23.070
345.814
5%
MANAGEMENT OF REAL TIME SYSTEMS
134.349
0
0
0
0
134.349
2%
TOTAL
1.683.577
2.583.091
1.396.586
1.177.494
113.517
6.954.265
100%
24%
37%
20%
17%
2%
100%
COP Million Colombia Brazil Peru Chile Bolivia Bermudas Argentina Total
2016 ELECTRIC ENERGY TRANSPORT
1.648.021
6.824.663
1.837.500
0
72.193
41.823
0
10.424.200
86%
TOLL ROAD CONCESSIONS
0
0
0
1.243.215
0
0
0
1.243.215
10%
TELECOMMUNICATIONS TRANSPORT
162.752
84.467
49.620
20.944
0
0
19.384
337.167
3%
MANAGEMENT OF REAL TIME SYSTEMS
132.969
0
0
0
0
0
0
132.969
1%
TOTAL
1.943.742
6.909.130
1.887.120
1.264.158
72.193
41.823
19.384
12.137.551
16%
57%
16%
10%
1%
0%
0%
COP Million Colombia Brazil Peru Chile Bolivia Bermudas Argentina Total
2016 ELECTRIC ENERGY TRANSPORT
1.648.021
1.297.647
1.837.500
0
72.193
41.823
0
10.424.200
74%
TOLL ROAD CONCESSIONS
0
0
0
1.243.215
0
0
0
1.243.215
19%
TELECOMMUNICATIONS TRANSPORT
162.752
84.467
49.620
20.944
0
0
19.384
337.167
5%
MANAGEMENT OF REAL TIME SYSTEMS
132.969
0
0
0
0
0
0
132.969
2%
Total excluding RBSE
1.943.742
1.382.114
1.887.120
1.264.158
72.193
41.823
19.384
12.137.551
29%
21%
29%
19%
1%
1%
0%
COP Million Colombia Brasil Peru Chile Bolivia Bermudas Argentina Total
ELECTRIC ENERGY TRANSPORT
1.414.988
1.057.114
1.225.663
0
61.688
16.073
0
3.775.527
TOLL ROAD CONCESSIONS
0
0
0
1.095.266
0
0
0
1.095.266
TELECOMMUNICATIONS TRANSPORT
148.501
73.515
36.878
11.114
0
0
13.778
283.785
MANAGEMENT OF REAL TIME SYSTEMS
116.071
0
0
0
0
0
0
116.071
TOTAL
1.679.560
1.130.629
1.262.541
1.106.380
61.688
16.073
13.778
5.270.649
COP Million Colombia Brasil Perú Chile Bolivia Bermudas Argentina Total
2014 ELECTRIC ENERGY TRANSPORT
1.284.450
941.296
753.686
0
45.180
0
0
3.024.613
TOLL ROAD CONCESSIONS
0
0
0
843.418
0
0
0
843.418
TELECOMMUNICATIONS TRANSPORT
119.686
75.148
24.079
6.129
0
0
12.490
237.533
MANAGEMENT OF REAL TIME SYSTEMS
111.931
0
0
0
0
0
0
111.931
TOTAL
1.516.066
1.016.4444
777.765
849.547
45.180
0
12.490
4.217.494
AFFILIATES

What is the EBITDA margin (from the consolidated view) for each company at 2017? (13.03.2018)

2016
2015
Colombia 53,28% 58,28%
Transelca 62,37% 63,53%
INTERCOLOMBIA 66,01% 73,29%
Internexa 35,66% 57,43%
XM 12,26% 110,71%
SIR 47,05% 5,95%
CHILE 66,09% 71,39%
Ruta del Maipo 74,51% 75,53%
Ruta de la Araucanía 66,45% 77,88%
Ruta de los Ríos 65,67% 65,28%
Ruta del Bosque 67,68% 79,26%
Ruta del Maule 42,64% 64,02%
Internexa Chile 28,00% 11,41%
BRASIL 55,87% 43,24%
CTEEP 52,83% 40,19%
IEPINHEIROS 94,69% 72,74%
SERRA 88,23% 65,93%
Evrecy Participações Ltda 80,03% 85,61%
IEMG 70,81% 73,85%
Internexa Brasil 32,53% 21,98%
PERÚ 36,47% 44,50%
REP 54,37% 49,16%
ISA Perú 38,61% 67.20%
Transmantaro 28,58% 39,42%
Internexa en Perú 38,59% 38,88%
PDI del Perú 79,86% 86,68%
OTROS 48,50% 57,15%
Internexa Argentina 19,55% 8,32%
ISA Bolivia 81,12% 80,65%
Linear Systems RE LTD 5,62% 0,00%
TOTAL 51,37% 54,48%
Affiliates

What is the approximate date of termination of each Road concession in Chile and the current regulation ? (05.22.2013)

MDI’s 2010 revision are the dates according the MDI’s methodology, these dates are revised every year according to the toll income executed and projected.The term of the concessions are variable due to the methodology of pay. Total income is guaranteed as a Present value in UF’s. It means that every year a new concession final date is calculated.

ROUTE Background and basic criteria of concessions Total Income guaranteed for MDI expressed in UF's
Santiago - Talca Ruta del Maipo 30.434.180
Talca - Chillán Ruta del Maule 12.012.839
Chillán - Collipulli Ruta del Bosque 10.187.844
Collipulli - Temuco Ruta de la Araucanía 10.448.753
Temuco - Rio Bueno Ruta de los Rios Guaranteed Minimum Income to June 2023
Affiliates

What is the toll rate 2009-2017? (13.03.2018)

Rate for light vehicle
Figures in CLP
2009 2010 2011 2012 2013 2014 2015 2016 2017
MAIPO 1.900 1.900 2.000 2.000 2.100 2.100 2.200 2.300 2.400
MAULE 1.900 1.900 2.000 2.000 2.100 2.100 2.200 2.200 2.300
BOSQUE 2.000 2.000 2.000 2.100 2.100 2.100 2.300 2.400 2.500
ARAUCANIA 1.900 1.900 1.900 2.000 2.000 2.100 2.200 2.300 2.400
RÍOS 1.900 1.900 1.900 1.900 2.000 2.100 2.200 2.200 2.300

Figures in thousands

Affiliates

What is the Chile concessions traffic 2009-2017? (13.03.2018)

*Figures in thousands
Equivalent Average Daily Traffic
Figures in thousands
2009 2010 2011 2012 2013 2014 2015 2016 2017
MAIPO 76 89 94 103 109 114 122 132 138
MAULE 45 50 54 57 61 63 68 74 76
BOSQUE 26 29 30 32 35 35 38 41 42
ARAUCANIA 31 33 35 38 40 42 46 50 52
RIOS 20 21 22 24 25 26 28 30 31
TMDA 198 222 235 254 270 280 302 327 339
Affiliates

What are the ISA's bonds as of march 2018? (15.04.2018)

Filial Funding source Credit Currency Broadcast date Term Years Interest rate Redeemable Dec-2017 (millions COP) Dec-2017 (Thousands USD)
COLOMBIA $ 3.023.000 1.087.226
ISA $ 2.843.000 952.748
ISA Stretch Program 4 Lot 1 COP 07/04/2006 20 IPC + 4,580% SV Bullet $118.500 42.619
ISA Stretch Program 4 Lot 2 COP 07/04/2006 20 IPC + 4,580% SV Bullet $104.500 37.584
ISA Stretch Program 7 Serie A COP 01/12/2011 12 IPC + 4,470% SV Bullet $180.000 64.737
ISA Stretch Program 7 Serie B COP 01/12/2011 30 IPC + 4,840% SV Bullet $120.000 43.158
ISA Stretch Program 8 Serie C9 COP 22/05/2013 9 IPC + 2,840% TV Bullet $120.000 43.158
ISA Stretch Program 8 Serie C15 COP 22/05/2013 15 IPC + 3,250% TV Bullet $100.000 35.965
ISA Stretch Program 9 Serie C10 COP 07/05/2015 10 IPC + 3,800% TV Bullet $100.000 35.965
ISA Stretch Program 9 Serie C15 COP 07/05/2015 15 IPC + 4,140% TV Bullet $120.000 43.158
ISA Stretch Program 9 Serie C20 COP 07/05/2015 20 IPC + 4,340% TV Bullet $280.000 100.702
ISA Stretch Program 10 Serie C8 COP 16/02/2016 8 IPC + 4,730% TV Bullet $115.000 41.360
ISA Stretch Program 10 Serie C12 COP 16/02/2016 12 IPC + 5,050% TV Bullet $152.000 54.667
ISA Stretch Program 10 Serie C25 COP 16/02/2016 25 IPC + 5,380% TV Bullet $133.000 47.834
ISA Stretch Program 11 Serie A7 COP 18/04/2017 7 Tasa fija 6,750% TV Bullet $ 260.780 93.790
ISA Stretch Program 11 Serie C15 COP 18/04/2017 15 IPC + 3,810% TV Bullet $ 196.300 70.600
ISA Stretch Program 11 Serie C25 COP 18/04/2017 25 IPC + 4,000% TV Bullet $ 242.920 87.367
ISA Stretch Program 12 Serie A8 COP 28/11/2017 8 Tasa fija 6,990% TV Bullet $ 150.080 53.976
ISA Stretch Program 12 Serie C14 COP 28/11/2017 14 IPC + 3,750% TV Bullet $ 120.100 43.194
ISA Stretch Program 12 Serie C30 COP 28/11/2017 30 IPC + 3,980% TV Bullet $ 229.820 82.655
$ 2.843.000 1.022.489
TRANSELCA Third Issue - Section I COP 11/10/2011 10 IPC + 4,200% TV Bullet $80.000 28.772
TRANSELCA Third Issue - Section II COP 11/10/2011 15 IPC + 4,480% TV Bullet $100.000 33.965
$ 180.000 64.737
PERU $ 1.715.322 616.918
REP 2P 4th Issue (Serie A) USD 16/02/2007 12 Libor(3M) + 0,750% TV Amortizable $ 5.435 1.955
REP 2P 20th Issue(sequence A) USD 20/01/2011 15 Tasa Fija 6,500% TV Bullet $105.658 38.000
REP 3P 4th Issue (sequence A) USD 19/10/2012 19 Tasa Fija 5,875% SV Bullet $ 111.219 40.000
REP 3P 1st Issue (sequence A)* PEN 07/11/2012 10 Tasa Fija 5,375% SV Bullet $ 90.065 32.392
REP 3P 3rd Issue (sequence B) PEN 07/02/2013 10 Tasa Fija 5,125% SV Bullet $ 66.857 24.045
REP 3P 7ma Emisión (sequence A) USD 14/07/2014 7 Tasa Fija 3,750% SV Amortizable $ 32.439 11.667
REP Fair Value Swap USD 08/11/2012 10 Tasa Fija 5,375% $ 28.450 10.232
REP Fair Value Swap USD 07/02/2013 10 Tasa Fija 5,125% $ 23.982 8.628
CTM CTM International Bonuses USD 07/05/2013 10 Tasa Fija 4,375% SV Bullet $ 1.251.212 450.000
$ 1.252.212 450.000
BRAZIL $ 1.095.658 394.415
CTEEP Debentures 3a Emissão BRL 26/12/2013 5 CDI 116,0% SV Amortizable $ 142.211 51.146
CTEEP Debentures 4a Emissão BRL 15/07/2016 5 IPCA + 6,041% $ 130.127 46.801
CTEEP Debentures 5a Emissão BRL 30/03/2017 7 IPCA + 5,037% $ 257.778 92.710
CTEEP Debentures 6a Emissão BRL 15/12/2017 3 CDI 105,65% $ 292.787 105.301
$ 822.902 295.958
ISA IP Section 1 BRL 02/06/2017 5 CDI + 1,68% AV Amortizable $ 273.756 98.457
$ 273.756 98.457
CHILE $ 3.173.141 1.137.628
RUTA DEL MAIPO Bonus 144A ** USD 29/08/2001 21 Tasa Fija 7,373% SV Amortizable $ 576.888 207.479
RUTA DEL MAIPO Series Bonus A1 y A2 UF 13/10/2004 21 Tasa Fija 4,850% SV Amortizable $ 720.803 259.238
RUTA DEL MAIPO Series Bonus B1 y B2 UF 20/12/2006 24 Tasa Fija 3,200% SV Amortizable $ 1.054.424 379.225
RUTA DEL MAIPO Fair Value Swap UF 17/05/2005 17 Tasa Fija 7,373% $ 337.901 121.527
$ 2.690.015 967.468
RUTA DEL BOSQUE Series Bonus A UF 26/02/2001 19 Tasa Fija 6,300% SV Amortizable $ 278.735 100.248
RUTA DEL BOSQUE Series Bonus B UF 16/11/2006 14 Tasa Fija 3,400% SV Amortizable $ 194.391 69.913
$ 473.126 170.160
BONDS TOTAL $ 8.998.121 3.236.187

* Bonds issued in PEN and a SWAP was made to USD with the Banco BBVA

** Bonds issued in USD and a SWAP was made to UF

*** Opcion Call since 07/04/2016

DEBT

What is the debt profile for march 2018 (15.04.2018)

The credits flows that have Swap (REP and MAIPO) are those agreed upon in the Swap negotiation.

PROJECTS

What projects are pending to go into operation? (13.03.2018)

Filial Project's name Circuit Kms PES Date (trimestrer) Annual income (mill USD)
INTERCHILE Transformation SE Cardones, Maintecillo y Pan de Azúcar
0
trim 1-2018*
2,8
Maitecillo- Pan de Azúcar 2x500kv section 2
428
trim 1-2018*
18,4
Pan de Azúcar - Polpaico 2x500kv section 3
824
trim 1-2018*
31,7
Reactive compensation LT Nueva Pan de Azúcar- Polpacio
0
trim 1-2020
5,3
Second bank SE Cardones, Maitencillo y Pan de Azúcar
0
trim 4-2020
3,6
INTERCOLOMBIA UPME 03-2016: SE San Antonio y líneas asociadas
56
trim 2-2018*
7,0
trnsmition line La Hermosa - Esmeralda
20
trim 3-2018
0,7
Subestación Ituango y LT´s a 500 and 230kv
684
trim 3-2018
42,4
UPME 05-2014: Cerromatoso-Chinú-Copey
352
trim 3-2018
14,1
SE Montería a 230kv y LT´s asociadas
195
trim 4-2018
9,2
Bahía de Transformación El Bosque
0
trim 4-2018
PD
Línea de Transmisión Copey - Cuestecitas - Fundación
289
trim 4-2020
PD
CTEEP IEITAÚNAS (L21)
79
trim 1-2022
14,3
IEAIMORÉS(L3)
1.248
trim 1-2022
21,7
IEPARAGUAÇU (L4)
676
trim 1-2022
32,4
ERB(L1)td>
1.115
trim 3-2022
81,2
IETIBAGI(L5td>
18
trim 3-2022
5,6
IEITAQUERÊ(L6)td>
0
trim 3-2022
14,0
IEITAPURA(L25)td>
0
trim 3-2022
3,2
IEAGUAPEÍ(L29)td>
151
trim 3-2022
16,3
TRANSELCA Subestation expansion Nueva Barranquilla 220 kV
0
trim 4-2018
PD
Subestation expansion Ternera td>
0
trim 4-2018
PD
Conexión Urabá td>
0
trim 1-2019
PD
REP Expansion 18
0
trim 1-2019
1,9
Expansion 19
0
trim 2-2019
1,0
CTM SE Carapongo and connection links of associated lines
11
trim 1-2018*
7,0
Enlace nueva Mantaro - Nueva Yanango y Carapongo
771
trim 4-2021
40,6
INTERVIAL Ruta Del Loa
136
2023
33,4
Normative safety work Ruta del Maule
193
2017
32,1
Tramo III y OS normative Ruta del Maipo
22
2022
47,4
Normative safety work Ruta del Bosque
161
2018
32,9
Normative safety work Ruta de la Araucanía
144
2018
19,4
Normative safety work Ruta de los Ríos
172
2018
19,3
* Projects with term extension management.
PLANNING

What is the 2018-2022 CAPEX? (13.03.2018) – Figures in million -

TRM Promedio 2.883 3.020 3.051 3.081 3.111
COLOMBIA 2018 2019 2020 2021 2022 Total COP
2018-2022
Total USD
2018-2022
ISA 1.098.713 318.432 474.094 84.459 86.752 2.062.449 697
Investments in assets 1.098.713 318.432 474.094 84.459 86.752 2.062.449 697
TRANSELCA 50.833 28.850 25.434 8.915 15.286 129.317 43
XM 53.134 62.557 42.712 44.411 46.113 248.926 82
SIR 4.182 - - - - 4.182 1
INTERNEXA 65.851 123.785 45.876td> 45.812 60.063 341.386 112
COLOMBIA TOTAL 1.272.711 533.623 588.116 183.597 208.214 2.786.261 937
PERÚ 2018 2019 2020 2021 2022 Total
2018-2022
Total USD
2018-2022
INTERNEXA PERU 14.126 12.923 13.734 15.254 16.697 72.735 24
CTM 407.751 304.295 809.871 668.800 9.980 2.200.696 728
ISA PERU 1.109 1.149 1.196 2.310 2.454 8.818 3
REP 157.499 171.139 42.804 41.857 40.136 453.433 152
PERU TOTAL 580.485 489.506 868.205 728.220 69.266 2.735.682 907
BRAzIL 2018 2019 2020 2021 2022 Total COP
2018-2022
Total USD
2018-2022
CTEEP 458.705 564.669 550.579 227.003 247.162 2.048.118 680
Investments in assets 190.018 200.277 276.665 222.410 247.162 1.136.531 375
New business 268.688 364.392 273.914 4.593 0 911.586 305
Contribution to Vehicle TAESA 12.853 - - - - 12.853 4
IEPinheiros 4.459 41.446 1.867 - 8.345 56.116 19
SERRA DO JAPI 399 1.155 - 1.525 - 3.079 1
IEMG 6.755 5.071 - - - 11.826 4
EVRECY 178 427 738 2.992 4.149 8.485 3
IENNE 7.440 89 - - 3.220 10.750 4
IEItaunas 77.710 146.036 22.752 - - 246.498 83
IETIBAGI 14.252 66.211 15.087 13.196 13.325 122.071 40
IETAQUERE 96.971 64.571 50.586 25.804 114 238.046 80
IETAPURA 19.101 31.100 9.862 - 68 60.132 20
IEAGUAPEI 26.065 180.772 95.067 23.719 - 325.623 108
IESUL 11.158 9.004 3.939 1.205 1.242 26.550 9
INTERNEXA BRASIL 39.064 66.406 37.606 49.371 44.707 237.153 78
TOTAL BRAZIL 775.109 1.176.958 788.085 344.815 322.332 3.407.299 1.132
BOLIVIA AND ARGENTINA 2018 2019 2020 2021 2022 TotalCOP
2018-2022
Total USD
2018-2022
ISA BOLIVIA 1.359 753 516 825 830 4.283 1
INTERNEXA ARGENTINA 224 184 187 195 205 994 0
CHILE 2018 2019 2020 2021 2022 Total COP
2018-2022
Total USD
2018-2022
CINTRA AND CONCESIONES 281.230 472.097 1.041.388 751.621 323.772 2.870.108 943
INTERNEXA CHILE 3.688 3.667 3.749 3.945 4.175 19.218 6
INTERCHILE - DEBT 788.811 248.850 26.010 898 2.202 1.066.771 365
Aportes a Interchile 90.343 - - - - 90.343 31
TOTAL CHILE 1.164.072 724.614 1.071.142 756.465 330.149 4.046.440 1.346
Total (COP Millions) 3.793.959 2.925.637 3.316.251 2.014.117 930.995 12.980.959 4.324
Total (USD Millions) 1.316 969 1.087 654 299 4.324

This information corresponds to the sum of the individual investments projected in April 2018, of the companies that ISA controls. Includes projects, capital contributions and direct investments of projects already won.


Suppliers FAQs

Learn the most common questions raised by providers to initiate contractual contractual contractual pre and post stages of the recruitment process. To display the menu of FAQs you must click on the + icon

Suppliers FAQs

What is the basis to generate the tax certificates?

  • Income Tax Withholding: Annual
  • Withholding tax Sales: Bimonthly
  • Retention Industry and Trade: According to the schedule for the filing of the tax return for each industry and trade district, for example:
  • District of Bogotá: Bimonthly
  • Municipality of Medellín: Annual
  • Municipality of Santiago de Cali: Annual
  • Municipality of Ottawa: Monthly
  • Municipality of San Carlos: Annual
  • Sabaneta Municipality: Annual
  • Sabanalarga Municipality: Annual
  • Municipality of Soledad: Monthly

In case of any concern at the information generated, who I can contact?

If the password lock, who I can contact?

What is the publication date of the certificates?

  • Income Tax Withholding: By 15 March the following year
  • Retention Sales Tax: Within 15 days after the two months in which I handy calendar retention
  • Retention Industry and Trade: Within 10 calendar days in which retention is practical

What is the procedure to follow when excessive or improper deductions are effected?

For withholding tax by way of income, sales tax and industry and commerce, it must comply with the provisions of Article 6 of the Regulatory Decree 1189 of 1998, as follows:

At what point can I check what tax year certificates of withholding for income in this portal?

As of the fiscal year 2011

What two months after that I can consult tax lien certificates and ICA in this website?

From 2012 two months 1

What retention rate of industry and commerce will be applied to my payments?

All rates are applied according to the provisions of the Tax Code of the municipality in which the service is provided or the respective purchase is made, taking into account the activity code of the provider.

What Municipality retention applies industry and commerce?

  • For servicesin the municipality where the service was provided.
  • For supply property in the municipality where the provider is located.

What procurement regime applies to ISA?

In accordance with Article 32 of Law 142 of 1994, the paragraph of Article 8, in accordance with Article 76 of Law 143 of 1994, the legal regime applicable to acts and contracts of the Company is that of private law. For recruitment observe the rules laid down in the Regulations for the procurement of goods and services in accordance with the Corporate Policy and issues not covered in the provisions of the Civil Code, the Commercial Code or the rules that are applicable will be followed.

What is Date of Opening a process?

Corresponds to the date on which the document was handed Offer Solicitation or sale starts.

What is a Closing Date buying process?

When the submission period ends deals for their analysis and evaluation.

What is the procedure to register as a provider ISA?

See Section Supplier Registration – Requirements for Registration

What are the basic goods and services for the Energy Transport Service?

See Section Supplier Registration – Requirements for Registration

What are the criteria for selecting the contractor?

To define the procedure for selecting contractors ISA, it is based on the estimated budget including VAT, and is performed as follows:

Private Request

When the estimated value of the contract exceeds one hundred (100) smlm not exceeding two thousand five hundred (2,500) smlm including VAT, is required to invite at least three (3) bidders. Notwithstanding the foregoing, if the invitations made no show but a bidder whose bid meets the requirements of ISA ESP it may contract with it.

You can also do private RFP, without regard to the amount in the case of: Contract aimed Connections to the National Transmission System, Contracts to acquire new technologies (Know How), Contracts for the renovation, expansion or Software modification or acquisition of licenses, contracts Telecommunications and Contract Advertising.

Public Request

When the estimated value of the contract exceeds 2500 (2500) smlm including VAT, a public invitation to tender is made by publication of at least one (1) notice in a newspaper of general circulation.

Single Request

When the contractor can be selected by applying for one (1) single quote, which applies to the following cases:

  • If after making a public or private request, not present any offer or any of the received meets the requirements of the RFP documents.
  • In the case of related, complementary, dependent and inherent to contracts under a separate agreement.
  • The Interagency Agreements or Contracts.
  • If according to the information that can be obtained, there is only one person who can provide the Goods or Services
  • If Contract Intuito Personae, ie, to be held in consideration of the personal qualities of the Contractor.

Other Applications of Bids:

According to the circumstances or particular needs, the Company may take other forms of RFP or do this in stages, where initially presenting technical proposal is requested, then a selection was appropriate to request economic offer.

What are the procedures for recruiting?

As the amount will be a direct order or a contract of greater or lesser degree, according to the following conditions shall subscribe:

  • Order Direct: For less than one hundred (100) amounts smlm be done through verbal or telephone consultation consigning related data provider object value and date in a form signed by the person responsible. Payment will be made against invoice prior record of who ordered the purchase of the product, goods or service, which indicated that this corresponds to the order and the related invoice.
  • Retail Contract amount: Less than and equal to 2500 (2500) smlm including VAT. Such contracts are previously ordered in writing by the competent employee.
  • Major Contract amount: Above 2500 (2500) smlm including VAT. These contracts also held writing be signed by both parties.

What are the main fax numbers in Medellin headquarters ISA?

  • Fax: (4) 3170848
  • Management Infrastructure Project: (4) 3172095
  • Business Management Address: (4) 3171560
  • General Management: (4) 3170846
  • Financial Management: (4) 3170858
  • Operation Management and Administration-OAM-Market: (4) 3170989
  • Management of the National Dispatch Center: (4) 3170833

What is the availability of ISA, for receiving physical documents at its headquarters in Medellin?

Monday to Friday 7:30 A.M. 6:00 P.M., Management Documentary - reception of documents.
Outside these hours, as well as Saturdays, Sundays and holidays, documentation is received at any time, but the main goal.
This availability applies to all year.

How I can send to ISA via email, my offers of goods and services?

You can send the portfolio of services and text containing the offer to the address proveedores@isa.com.co.
You can also use the mini-site contact the provider website www.isa.com.co ISA. Upon receiving the message, the message will be sent to areas of the business that may be interested in offering

How to get additional information about the payments I can see through the "Custom Information" section?

If you require additional information related payments can only communicate with the telephone line in Medellín (4) 317 20 42 from Monday to Friday between the hours of 2:00 pm to 4:30 pm or write a message to the mail box tesoreria@isa.com.co


Disclaimer

Certain statements contained in this report constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Also, these forward-looking statements present our estimates and assumptions only as of the date of this report. Except for our ongoing obligation to disclose material information as required by federal securities laws, we do not intend to update you concerning any future revisions to any forward-looking statements to reflect events or circumstances occurring after the date of this report.

Amounts expressed in US dollars are for information purposes only, and do not reflect accounting conversion techniques usually applied.

The unaudited Quarterly figures are expressed in millions of Colombian pesos (COP). The consolidation process includes 100% of the companies where ISA holds control and the implementation of International Financial Reporting Standards –IFRS- which are applicable in Colombia since January 1, 2015.

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Preventive Note

Certain statements included in this report are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements reflect our current perspective regarding future events, are based on presumptions, and are subject to risks and uncertainties. In addition, these forward-looking statements present our estimates and assumptions only as of the date of this report. With the exception of our ongoing obligation of disclosing important information, as required by federal securities laws, we are not intending to update them in relation to any future review of the forward-looking statements in order to reflect events or circumstances occurring after the date of this report.

Amounts are expressed in USD only for information purposes, and do not reflect accounting conversion techniques usually applicable.

Quarterly figures are not audited and are expressed in millions of Colombian pesos (COP). The consolidation process implies the inclusion of 100% of the companies where ISA has control, according to the application of the International Financial Reporting Standards – IFRS – applied in Colombia as of January 1, 2015.