EXHIBIT 5
Buenos Aires, August 9, 2013
Messrs.
NATIONAL SECURITIES COMMISSION
Dear Sirs,
As required by section 63 of the Buenos Aires Stock Exchange Regulations and Resolution No. 2/12, I hereby inform you that at the Company’s Board of Directors meeting held on August 8, 2013, the following documents were approved: Condensed Statement of Financial Position, Condensed Statement of Comprehensive Income, Condensed Statement of Changes in Equity, Condensed Statement of Cash Flows, Notes and Exhibits to the Financial Statements -all of them Separate and Consolidated-, Informative Summary and the information required by section 68 of the aforementioned regulations, relating to the six-month interim period ended June 30, 2013.
The amounts disclosed below are stated in thousands of Argentine pesos and arise from the Condensed Interim Consolidated Financial Statements.
Six-month interim period ended June 30, 2013 | ||||||
Consolidated profit for the period | ||||||
Attributable to the owners of the company | Profit | 1,303,353 | ||||
Attributable to non-controlling interests | Profit | 1,565 | ||||
Profit | 1,304,918 |
Other consolidated comprehensive income for the period | ||||||
Attributable to the owners of the company | 0 | |||||
Attributable to non-controlling interests | 0 | |||||
0 |
Total consolidated comprehensive income for the period | ||||||
Attributable to the owners of the company | Profit | 1,303,353 | ||||
Attributable to non-controlling interests | Profit | 1,565 | ||||
Profit | 1,304,918 |
Empresa Distribuidora y Comercializadora Norte S.A.
Av. Del Libertador 6363 Piso 1° – (C1428ARG) Capital Federal – Tel.: (54-11) 4346-5088 / 5113 – Fax: (54-11) 4346-5301
Detail of Consolidated Equity | ||||
Share Capital– Nominal Value (1) (2) | 815,810 | |||
Share Capital – Adjustment to Capital | 0 | |||
Additional paid-in capital | 0 | |||
Legal Reserve | 0 | |||
Other Comprehensive Loss | (14,659 | ) | ||
Retained Earnings | 920,383 | |||
Total attributable to the owners of the Company | 1,721,534 | |||
Non-controlling interests | 23,401 | |||
Total Equity | 1,744,935 |
(1) | Includes 8,471 related to treasury shares. | |
(2) | Includes mandatory share capital reduction as per section 206 of the Argentine Business Organizations Law resolved by the Shareholders’ Meeting of April 25, 2013. |
As a consequence of the issuance of Resolution SE No. 250/13, at June 30, 2013 the Company turned the accumulated deficit reported in the Financial Statements as of March 31, 2013 into retained earnings, thereby rectifying the situation of corporate dissolution due to the loss of capital stock to which it had been exposed.
Furthermore, and as required by sub-sections o), p) and q) of section 62, we inform the following:
Class of shares | Number of shares (a) | % on Share Capital |
A | 462,292,111 | 51.00 |
B | 442,210,385 | 48.78 |
C | 1,952,604 | 0.22 |
Total | 906,455,100 | 100.00 |
(a) The Ordinary and Extraordinary Shareholders’ Meeting held on April 25, 2013 resolved to reduce Share Capital, due to the fact that at December 31, 2012 the Company had become subject to compliance with the provisions of section 206 of the Argentine Business Organizations Law. Therefore, the Company’s Share Capital after the aforementioned reduction amounts to 815,809,590 shares, with no changes in shareholding proportions. As of to date, the registration of such share capital reduction is in process.
The class “A” shares are owned by Electricidad Argentina S.A. (EASA), domiciled at 3302 Ortiz de Ocampo Street, Building 4 of the City of Buenos Aires. The class “B” shares are currently traded at the New York Stock Exchange (through American Depositary Shares –“ADSs”) and the Buenos Aires Stock Exchange. At June 30, 2013, the Company has 9,412,500 treasury shares.
An amount of 1,952,604 class “C” shares, which are held by Banco de la Nación Argentina as trustee of the Company Employee Stock Ownership Program, remains outstanding. Moreover, IEASA S.A., domiciled at 3302 Ortiz de Ocampo Street, Building 4 of the City of Buenos Aires, owns 99.99% of EASA’s voting shares.
The Company does not have debt securities convertible into shares, nor there exist stock options of the Company’s shares.
Yours sincerely,
VICTOR A. RUIZ | |
Officer in charge of Market Relations |
Empresa Distribuidora y Comercializadora Norte S.A.
Av. Del Libertador 6363 Piso 1° – (C1428ARG) Capital Federal – Tel.: (54-11) 4346-5088 / 5113 – Fax: (54-11) 4346-5301