C.A. La Electricidad de Caracas, S.A.I.C.A. - S.A.C.A. Company Profile - Dec 15, 2010

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C.A. La Electricidad de Caracas, S.A.I.C.A. - S.A.C.A. Company Profile - Dec 15, 2010 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   C.A. La Electricidad de Caracas, S.A.I.C.A. -
   S.A.C.A.                                                                               440 Wheelers Farms Road
                                                                                          Milford, CT 06461 U.S.A.



  COMPANY PROFILE
  Figures in Venezuelan Bolivars

                                 Wright Quality Rating:DBNN                               Key Data

   CA La Electricidad de Caracas is a Venezuela-based company that is engaged in the      Ticker:
   generation, transmission and distribution of electricity, primarily to the city of     EDC
   Caracas, Venezuela, and its surrounding areas. The energy distributed is generated
   in five thermoelectric plants. In addition, the Company provides a range of services   2008 Sales:
   and products through its affiliate companies, such as Generacion de Vapor CA, which
                                                                                          1,831,030,000
   supplies electricity and steam to PDVSA's Amuay Refinery in Paraguana;
   Comunicaciones Moviles EDC CA, which renders mobile land radio communication
   services by transporting voice signals and trunking; Administradora Serdeco CA,        Major Industry:
   which specializes in commercial solutions and services for government agencies and     Utilities
   public or private entities, and EDC Network Communicaciones SCS, which operates a
   telecom and data-signal-carrier network spanning the Caracas Metropolitan Area.        Sub Industry:
   The majority shareholder of the Company is Petroleos de Venezuela SA, with 93.61%      Electric Power Companies
   interest.
                          Stock Chart                                Officers             Country:
                                                                    Chairman              Venezuela
                                                              Javier Alvarado Ochoa
                                                                                          Currency:
                                                              Chief Financial Officer
                                                                                          Venezuelan Bolivars
                                                                Armando Astudillo

                                                                                          Fiscal Year Ends:
                                                                                          December

                                                                                          Employees
                                                                                          2,803

                                                                                          Exchanges:
                                                                                          CAR

                                                                                          Share Type:
                                                                                          Ordinary


               Stock Price (12/9/2010): 0.09                                              Market Capitalization:
                 Recent stock performance                                                 296,299,267
                    1 Week       12.5%
                    4 Weeks  
				
DOCUMENT INFO
Description: CA La Electricidad de Caracas is a Venezuela-based company that is engaged in the generation, transmission and distribution of electricity, primarily to the city of Caracas, Venezuela, and its surrounding areas. The energy distributed is generated in five thermoelectric plants. In addition, the Company provides a range of services and products through its affiliate companies, such as Generacion de Vapor CA, which supplies electricity and steam to PDVSA's Amuay Refinery in Paraguana; Comunicaciones Moviles EDC CA, which renders mobile land radio communication services by transporting voice signals and trunking; Administradora Serdeco CA, which specializes in commercial solutions and services for government agencies and public or private entities, and EDC Network Communicaciones SCS, which operates a telecom and data-signal-carrier network spanning the Caracas Metropolitan Area. The majority shareholder of the Company is Petroleos de Venezuela SA, with 93.61% interest.
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