Annual Report 2009 - Isagen

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ANNUAL REPORT 2009 / ISAGEN S.A. E.S.P.118All operations carried out with shareholders, managers and theBoard of Directors were conducted under market conditions. No revenuefrom energy sales to shareholders was received in 2009. In2008, such sales amounted to 4.1% of operating revenue, whilecosts and expenses to 1% (2008 - 1%).Additionally, the Company carries out purchases and sales of serviceswith related companies in which the State has direct or indirectparticipation. Such operations are conducted under market criteria.32. Subsequent eventsNo relevant issues were discovered after closing of the financialstatements that might materially affect the financial situation of theCompany as reflected on the financial statements as on December31, 2009.Contents Letter from the CEO Achievements2009Good GovernancePractices EvaluationCorporateManagementFinancial Management
ANNUAL REPORT 2009 / ISAGEN S.A. E.S.P.119ABBREVIATIONSABC:CND:CRD:Activity-Based CostingNational Dispatch CenterRegional Dispatch CenterCREG: Energy and Gas Regulatory CommissionE.A.:Annual effectiveFAZNI: Financial Support Fund for Electrification of Non-Interconnected RuralAreasFEN:CPI:Financiera Energética NacionalConsumer Price IndexOPIC: Overseas Private Investment CorporationSIC:STN:Commercial Settlement SystemNational Transmission SystemSUCG: Unified Costs and Expenses SystemUPME: Mining and Energy Planning UnitUSD:US DollarContents Letter from the CEO Achievements2009Good GovernancePractices EvaluationCorporateManagementFinancial Management
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PROGRESS IN THEIMPLEMENTATION OFREC
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(%) Variation versus last yearANNUA
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Annual Report 2009 - Isagen

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