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August 01, 2015 8:33 PM ET

Electric Utilities

Company Overview of SA Power Networks

Company Overview

SA Power Networks operates as a power distribution network in South Australia. The company is involved in delivering electricity from the high voltage network through poles and wires to customers’ property or business; installing, maintaining, and reading meters; providing an emergency response in the event of blackouts; and repairing street lighting. It also provides electrical infrastructure project management, construction, and maintenance services for other businesses and government. In addition, the company offers various lighting related services, including lighting assets, repairs and maintenance, and connection to the electricity distribution networks for state and local governments;...

1 Anzac Highway

Keswick, SA 5035

Australia

Founded in 1946

2,199 Employees

Phone:

61 8 8404 5667

Key Executives for SA Power Networks

Chief Executive Officer
Age: 58
Chief Financial Officer
Deputy Managing Director and Director
Age: 56
Managing Director
Company Secretary
Compensation as of Fiscal Year 2015.

SA Power Networks Key Developments

Victoria Power Networks Reports Earnings Results for the Year Ended December 31, 2014

Victoria Power Networks reported earnings results for the year ended December 31, 2014. For the year, the company reported total revenue of AUD 1,187,306 compared to AUD 1,132,737 a year ago. EBITDA was AUD 830,541 compared to AUD 820,459 a year ago. EBITDA (excl customer contributions & gifted assets) was AUD 750,171 compared to AUD 710,157 a year ago.

SA Power Networks Reports Earnings Results for the First Half Year Ended June 30, 2014

SA Power Networks reported earnings results for the first half year ended June 30, 2014. For the period, the company reported total revenue of AUD 561.3 million compared to AUD 551.2 million reported in the same period last year. EBITDA was AUD 401.3 million against AUD 401.0 million reported last year. EBIT was AUD 311.2 million against AUD 313.1 million reported last year. Net before tax was AUD 174.1 million against AUD 175.5 million reported last year. Net profit after tax was AUD 174.1 million against AUD 176.6 million reported last year. Total capital expenditure (net) was AUD 151.9 million against AUD 183.2 million reported last year. Net debt to RAB was 75.5% against 78.1% reported last year.

SA Power Networks Announces Audited Earnings Results for the Year Ended December 31, 2013

SA Power Networks announced audited earnings results for the year ended December 31, 2013. For the year, total revenue was AUD 1,132,737,000, EBITDA was AUD 820,459,000 and EBITDA (excl. customer contributions & gifted assets) was AUD 710,157,000 against total revenue of AUD 1,109,197,000, EBITDA of AUD 807,678,000 and EBITDA (excl. customer contributions & gifted assets) of AUD 693,313,000 a year ago. Net debt was AUD 2,809 million as on December 31, 2013.

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