ISA reports net income growth of 36% for the first half of 2014

ISA reports net income growth of 36% for the first half of 2014

Consolidated operating revenues were COP 1,818, 547 million.
EBITDA reached COP 1,083,795 million, with a 59.6% EBITDA margin.
Net income was COP 295,775 million, with a 25.2% margin before minority interest.
Consolidated assets were COP 25,447,424 million.
For the period ended June 2014, the net income for ISA and its companies increased by 36.0% compared to the same period of the previous year; we expect this increase will remain until the end of year.

The accumulated financial result for the period ended in June 2014 was due to: 1) lower operating and maintenance expenses in Brazil, 2) the recognition as operating revenue at INTERCOLOMBIA of annuities from UPME projects in virtue of the ISA-INTERCOLOMBIA corporate separation, 3) the goodwill amortization of ISA Capital do Brasil on December 2013, and 4) the entry into operation of expansion projects, Cotaruse and Ampliación 13, in Peru over the last year.

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