Earnings release
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eNGie ENGIE ENERGÍA CHILE REPORTED EBITDA OF US $ 455 MILLION AND NET INCOME OF US $ 164 MILLION IN 2020 . EBITDA AMOUNTED TO US $ 118 MILLION IN THE FOURTH QUARTER OF 2020 , AN 11 % INCREASE COMPARED TO THE FOURTH QUARTER OF 2019 , MAINLY DUE TO INCREASED VOLUME SALES TO UNREGULATED CLIENTS . ● Operating revenues amounted to US $ 1,351.7 million in 2020 , a 7 % decrease compared to 2019 , mainly due to lower average realized energy prices and a decrease in other operating income , in turn explained by liquidated damages received in 2019 from the main contractor of the IEM project . EBITDA amounted to US $ 455 million in 2020 , a 15 % decrease compared to 2019 , mainly due to the decrease in other operating income and lower average realized energy prices . Net income amounted to US $ 163.5 million in 2020 , a 48 % increase as compared to 2019 , mainly due to significant non - recurring losses in 2019 related to the impairment of four coal - fired units that will be decommissioned at the end of 2021 and 2024 . Total operating revenues Operating income EBITDA Financial Highlights ( in US $ millions ) EBITDA margin Total non - operating results Net income after tax Net income attributed to controlling shareholders Net income attributed to minority shareholders Earnings per share ( US $ / share ) Total energy sales ( GWh ) Total net generation ( GWh ) Energy purchases on the spot market ( GWh ) Energy purchases - back up ( GWh ) 4Q19 335.0 64.0 105.6 31.5 % ( 106.7 ) ( 31.5 ) ( 32.2 ) 0.6 ( 0.031 ) 2,847 1,439 1,356 127 Var % 355.7 6 % 72.0 12 % 117.5 11 % 33.0 % 0,1pp % ( 24.1 ) n.a 40.3 -228 % 40.3 -225 % 4Q20 January 27 , 2021 0.038 2,881 1 % 1,133 -21 % 1,667 23 % 127 0 % 12M19 1,454.5 377.7 534.9 36.8 % ( 216.3 ) 118.7 110.8 7.9 0.105 12M20 Var % 1,351.7 -7 % 275.4 -27 % 455.3 -15 % 33.7 % ( 71.7 ) 163.5 163.5 0.155 11,123 11,408 5,282 6,438 5,520 4,645 500 503 3.1 pp -67 % 38 % 48 % 3 % 22 % -16 % 1 % ENGIE ENERGÍA CHILE S.A. ( “ ECL ” ) is engaged in the generation , transmission and supply of electricity and the transportation of natural gas in Chile . ECL is the fourth largest electricity generation company in Chile and one of the largest electricity generation companies in the northern segment of the SEN national grid ( formerly known as SING ) . As of December 31 , 2020 , ECL accounted for 9 % of the SEN's installed capacity . ECL primarily supplies electricity to large mining and industrial customers , and it also supplies electricity distribution companies throughout Chile . ECL is currently 59.99 % indirectly owned by ENGIE ( formerly known as GDF SUEZ ) . The remaining 40.01 % of ECL's shares are publicly traded on the Santiago stock exchange . For more information , please refer to www.engie-energia.cl .