First Gen Integrated Report 2020

2020 Highlights

FINANCIAL CAPITAL

(In US thousands except per share data)

2020 2019 2018
Revenues 1,830,300 2,151,386 1,978,689
Consolidated Net Income 393,734 414,228 319,485
Net Income Attributable to Equity Holders of the Parent 275,695 296,208 221,200
Recurring Net Income Attributable to Equity Holders of the Parent 252,104 284,410 242,992
Total Assets 5,708,472 5,209,697 5,059,901
Total Liabilities 2,752,421 2,618,198 2,788,974
Equity Attributable to Equity Holders of the Parent 2,423,481 2,124,979 1,855,146
Non-Controlling Interests 532,570 466,520 415,781
Basic/Diluted Earnings Per Share for Net Income Attributable to Equity Holders of the Parent (in USD/share) 0.073 0.078 0.055

MANUFACTURED CAPITAL

3,495.2MW Installed Capacity

19,684.4 GWh generated in 2020

122 Customers served

NATURAL CAPITAL

13,564,692.9 tCO2e greenhouse gas (GHS) emissions avoided vs coal

0.28 tCO2e/MWh emission intensity

1,739,824.0 tCO2e carbon sequestered in natural forests in Geothermal Reservations

122,226.0 hectares of natural forest protected in Geothermal Reservations

1,970 hectares and 51 marine protected sites in 15 municipalities/city supported

HUMAN CAPITAL

2,012 Employees

2.3 Male: 1 Female Employee Ratio

40.4 Average Training Hours per Employee

17,156,234.0 Total Man Hours Worked

0.13 Total Recordable Incident Rate

INTELLECTUAL CAPITAL

Digitalization of various processes

Leveraged use of video conferencing and cloud platforms

Strengthened IT and operational technology infrastructures

Enabled employees to work well remotely

SOCIAL AND RELATIONSHIP CAPITAL

716 local suppliers benefited from purchases

327 Center of the Center volunteers provided with life and accident insurance

67 schools from host communities assisted in modular learning

113 college students supported with scholarship

Support for COVID-19 programs:

  • PHP152.1 million invested on shelter-in-place facilities covering more than 800 contracted workers
  • PHP588.9 million invested on PPE, sanitation, meals, supplies, allowances, donations and community relations