| GRI INDEX
• ECONOMIC PERFORMANCE INDICATORS
EC1. Net Sales
Sales are reported quarterly, broken down by source of income (transportation of gas and liquids). Our Annual Report has complementary information about income by concession and includes additional comments by the external auditors.
EC2. Geographic Breakdown of Markets Our main source of income is the transportation of natural gas and crude by pipelines. Our services are required for thermal power generation, distribution of energy, refineries, private consumption and other industries. We serve the national market in Bolivia , as well as international markets.
We report average transported volumes of gas and liquids per day, broken down by export and domestic markets, along with information about capacity of the pipelines and firm contracts outstanding, as part of our indicators of Responsibility to our Stakeholders. For more information, please follow the links below.
EC3. Cost of All Goods, Materials, and Services Purchased
We report investment and operational expenditures, by type of expenditures, please follow the link below to our Financial Statements. We are considering reporting this indicator as an aggregate number by the end of the year.
EC4. Percentage of Contracts that Were Paid in Accordance With Agreed Terms, Excluding Agreed Penalty Arrangements
Once agreed terms are met, according to our procedures, invoices should be paid within 30 days after emission. We don't keep a systematic record of this indicator, since exceptions are not material.
EC5. Total Payroll and Benefits Broken Down by Country or Region
This indicator is reported in our Financial Statements at country level. A regional breakdown is not provided because we do not think it material due to the size of the company and its operational structure.
EC6. Distributions to Providers of Capital
Our main providers of capital are multilateral debt, local bonds and shareholders. For more details about financing conditions, payment of interest and distribution of dividends please follow the link below to our Financial Statements. Distribution of dividends is also updated quarterly and reported as part of our economic performance indicators.
EC7. Increase/Decrease in Retained Earnings at End of Period
Retained earnings are reported quarterly, as part of our economic performance indicators. Our Financial Statements have complementary information that includes a revision by an external auditor.
EC8. Total Sum of Taxes of All Types Paid Broken Down by Country
We report taxes at company level, by type of tax, please follow the link below to our Financial Statements.
EC9. Subsidies Received Broken Down By Country or Region
The Bolivian regulation establishes a surcharge on the tariff of the Gas Export Market called TEMI, which is meant as a crossed subsidy in favor the Gas Domestic Market. For more information, please follow the link below to our business information section.
EC10. Social Investment
The concept of “Donation” is not considered adequate or compatible with our policy of Sustainable Development. We decided not to report it and replace this performance indicator by another indicator regarding “Social Investment”, which we consider more adequate to the principles of our company.
Please follow the links below to know more about the activities of our Social Affairs and External Relations departments. A link is also provided to our performance indicators of Preservation of Human Life and the Environment, which contain quarterly statistics about our support to local development initiatives.
Additional EC1. Profitability
We report Return on Equity as part of our Economic Performance Indicators. The figures include regulated and not regulated data, based on our unconsolidated Financial Statements. Quarterly figures are calculated as a 12-month moving average.
Additional EC2. Investments
We report cumulative investments and investments for the period in the Bolivian concessions, additionally; we report the total cumulative investments broken down by type, as part of our Economic Performance Indicators.
Additional EC3. Operating Performance
We report our net operating costs per barrel equivalent and the percentage of unaccounted gas and liquids with respect to the limits imposed by the General Terms and Conditions of Service (GTCS), as part of our Economic Performance Indicators. In addition, we report the average availability of our oil and gas pipelines as part of our indicators of Responsibility to Our Stakeholders. Please follow the links below.
Additional EC4. Proportion of Debt and Equity
We report the proportion of Debt and Equity as part of our Economic Performance indicators. The figures include regulated and not regulated data, based on our unconsolidated Financial Statements.
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