The 8 most compelling reasons to invest in Cemig
Largest integrated Brazilian power company
Brazil’s largest Electric Power Distribution company *
Brazil’s third largest Electric Power Generation company
Brazil’s third largest Electric Power Transmission company
Positioning: major player in consolidation of Brazil’s power sector
History of successful acquisitions
Investments in new power projects
Rigorous selection of investments based on returns and value accretion
Highest liquidity in the Brazilian power sector
Free float of more than 76%
More than 100,000 shareholders, spread over more than 40 countries
Listed on 3 stock exchanges: São Paulo, New York and Madrid
Average daily trading in 2013: R$ 78mn in São Paulo (BM&FBOVESPA); US$27mn in New York (NYSE)
Balanced portfolio of investments Interests cover the three areas of the power sector:
Generation – 70 power plants
Transmission – 9,454 miles of transmission lines
Distribution – 526,869 miles of distribution network
EBITDA is balanced between the businesses**: Generation 58%; Distribution and others businesses, 7%; Transmission, 35%.
Outstanding corporate governance
Rigorous compliance with Sarbanes-Oxley
Board of directors: support structure includes six support committees
Pro-market by-laws limit ratios of investment and debt to EBITDA
Leader in sustainability
The only Latin American utility included in the DJSI World since that index was created (1999)
Included in Bovespa’s CSI (Corporate Sustainability Index) since creation of that index (2005)
One of only three Brazilian companies in the Global Dow
Solid and growing financial results
Robust, growing EBITDA
Continuous growth in net profit
Strong dividend policy
Minimum dividend is 50% of the net profit for the previous year
Extraordinary dividends may be paid in alternate years
