November 23, 2017 4:42 PM ET

Electric Utilities

Company Overview of Amazonas Distribuidora de Energia S.A.

Company Overview

Amazonas Distribuidora de Energia S.A. generates, transmits, and distributes electric energy to residential, industrial, and commercial customers. The company generates 203.9 MW power. It was formerly known as Manaus Energia S/A and changed its name to Amazonas Distribuidora de Energia S.A. in 2008. The company was founded in 1997 and is based in Manaus, Brazil. Amazonas Distribuidora de Energia S.A. operates as a subsidiary of Centrais Eletricas do Norte do Brasil S.A.

Av. Sete de Setembro

Suite 2414

Cachoeirinha

Manaus, AM 69065-170

Brazil

Founded in 1997

Phone:

55 92 3621 1110

Fax:

55 92 3621 1205

Key Executives for Amazonas Distribuidora de Energia S.A.

Managing President and Chairman
Financial Director
Technical Director
Administrative Director
Compensation as of Fiscal Year 2017.

Amazonas Distribuidora de Energia S.A. Key Developments

Amazonas D Announces Earnings Results for the Third Quarter Ended September 30, 2017

Amazonas D announced earnings results for the third quarter ended September 30, 2017. For the quarter, the company reported operational revenues of BRL 2,021,843 against BRL 2,066,241 a year ago. Operating result before financial result was BRL 108,154 (loss) against BRL 991,997 (loss) a year ago. Net loss for the period was BRL 1,782,220 against loss of BRL 2,312,607 a year ago. Cash from Operating Activities was BRL 315,890 against BRL 232,912 a year ago.

Amazonas Energia And Other Power Distributors Are Listed For Privatization

Amazonas Distribuidora de Energia S.A. and other power distributors - Centrais Elétricas de Rondônia SA; Eletroacre; Boa Vista Energia SA; Companhia Energética de Alagoas; Companhia Energética do Piauí - are listed for privatisation and the government is assessing the attractiveness of each asset.

Amazonas D Announces Earnings Results for the Fourth Quarter Ended December 31, 2016

Amazonas D announced earnings results for the fourth quarter ended December 31, 2016. For the quarter, the company reported operating loss before financial result of BRL 2,821,184,000 compared to BRL 892,132,000 a year ago. Financial loss was BRL 1,957,351,000 compared to BRL 1,210,594,000 a year ago. Loss before social contribution, income tax, employees and management participation and minority participation was BRL 4,967,816,000 compared to BRL 2,344,048,000 a year ago. Net loss of the period was BRL 4,616,236,000 compared to BRL 2,344,048,000 a year ago. Net cash used in operating activities was BRL 293,131,000 compared to net cash from operating activities of BRL 12,972,000 a year ago. Acquisition of property, unit and equipment was BRL 36.017,000. Acquisition of intangible assets was BRL 1,929,000 compared to BRL 14,440,000 a year ago. LBITDA was BRL 2,872 million compared to BRL 974 million a year ago. Net operating revenue was BRL 2,670 million compared to BRL 2,621 million a year ago.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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