6-K 1 edn20190328_6k1.htm FORM 6-K edn20190328_6k1.htm - Generated by SEC Publisher for SEC Filing


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March, 2019

 

EMPRESA DISTRIBUIDORA Y COMERCIALIZADORA NORTE S.A. (EDENOR)

(DISTRIBUTION AND MARKETING COMPANY OF THE NORTH )

 

(Translation of Registrant's Name Into English)

 

Argentina

 

(Jurisdiction of incorporation or organization)

 

 

Av. del Libertador 6363,

12th Floor,

City of Buenos Aires (A1428ARG),

Tel: 54-11-4346-5000

 

(Address of principal executive offices)

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

 

Form 20-F  X     Form 40-F        

 

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes          No  X  

 

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-             .)

 


 

City of Buenos Aires, March 8, 2019

 

 

Messrs.

BUENOS AIRES STOCK EXCHANGE

 

 

Messrs.

NATIONAL SECURITIES COMMISSION

25 de Mayo 175

Issuers Division

 

 

Dear Sirs,

 

In compliance with the provisions of section 62 of the Listing Regulations of Bolsas y Mercados Argentinos S.A., I hereby inform you that at this Company’s Board of Directors meeting held today, the following documents were approved: Annual Report, Corporate Governance Report, Statement of Financial Position, Statement of Comprehensive Income, Statement of Changes in Equity, Statement of Cash Flows, Notes to the Financial Statements, Informative Summary and the information required by section 12 of General Resolution No. 622 of the National Securities Commission, relating to the year ended December 31, 2018.

 

The amounts disclosed below are stated in thousands of Argentine pesos and arise from the Financial Statements:

 

 

 

 

Year ended

December 31, 2018

Profit for the year

 

 

 

 

 

Attributable to the shareholders of the parent

Profit

 4,297,466

Attributable to non-controlling interests

 

                 0

 

Profit

4,297,466

 

Other comprehensive loss for the year

 

 

 

 

 

Attributable to the shareholders of the parent

Loss

(46,851)

Attributable to non-controlling interests

 

             0

 

Loss

(46,851)

 

Total comprehensive income for the year

 

 

 

 

 

Attributable to the owners of the parent

Income

4,250,615

Attributable to non-controlling interests

 

             0

 

Income

4,250,615

 

 

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 Equity

 

 

Share Capital– Nominal Value (1)

 

906,455

Share Capital – Adjustment to Capital (2)

 

17,291,128

Additional paid-in capital and other

 

240,621

Acquisition cost of the Company’s own shares

 

(1,068,784)

Statutory Reserve

 

152,766

Discretionary Reserve

 

367,058

Other Comprehensive Loss

 

(136,877)

Retained Earnings

 

13,216,605

Total attributable to the owners of the Company

 

30,968,972

Non-controlling interests

 

             0

Total Equity

 

30,968,972

 

 

Furthermore, and as required by sub-sections 6), 7) and 8) of section 62, we inform the following:

 

 

Class of shares

Number of shares

% 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

 

 

 

 

(1)  Includes 23,113 relating to treasury shares.

(2)  Includes 225,551 relating to treasury shares.

 

 

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

 


 

 

 

The class “A” shares are owned by Pampa Energía S.A. (PESA), domiciled at Maipú 1 of the City of Buenos Aires. The class “B” shares are currently listed on the New York Stock Exchange (through American Depositary Shares –“ADSs”) and the Buenos Aires Stock Exchange. As of December 31, 2018, the Company has 23,385,028 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.

 

The Company does not have debt securities convertible into shares, nor there exist stock options of the Company’s shares.

 

The Board of Directors proposes that the profit for the year be allocated as follows:

 

 

In thousands of Argentine pesos

Statutory Reserve

                     214,873

Unappropriated retained earnings

                  4,082,593                     

 

 

 

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

 


SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Empresa Distribuidora y Comercializadora Norte S.A.

 

 

 

 

 

 

 

By:

 /s/ Leandro Montero

 

Leandro Montero

 

Chief Financial Officer

 

 

Date: March 28, 2019