Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN)
Filed: 9 Mar 20, 4:55pm
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, 2020
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 5, 2020
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, 2019.
The amounts disclosed below are stated in thousands of Argentine pesos and arise from the Financial Statements:
Year ended
December 31, 2019
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Profit for the year |
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Attributable to the shareholders of the parent | Profit | 12,134,139 |
Attributable to non-controlling interests |
| 0 |
| Profit | 12,134,139 |
Other comprehensive loss for the year |
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Attributable to the shareholders of the parent | Loss | (5,130) |
Attributable to non-controlling interests |
| 0 |
| Loss | (5,130) |
Total comprehensive income for the year |
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Attributable to the owners of the parent | Income | 12,129,009 |
Attributable to non-controlling interests |
| 0 |
| Income | 12,129,009 |
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
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Detail of Equity |
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Share Capital– Nominal Value (1) |
| 906,455 |
Share Capital – Adjustment to Capital (2) |
| 27,075,969 |
Additional paid-in capital and other |
| 369,991 |
Acquisition cost of the Company’s own shares |
| (2,242,608) |
Statutory Reserve |
| 1,289,102 |
Discretionary Reserve |
| 19,833,406 |
Other Comprehensive Loss |
| (215,605) |
Retained Earnings |
| 12,134,139 |
Total attributable to the owners of the Company |
| 59,150,849 |
Non-controlling interests |
| 0 |
Total Equity |
| 59,150,849 |
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 |
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A | 462,292,111 | 51.00 |
B | 442,210,385 | 48.78 |
C | 1,952,604 | 0.22 |
Total | 906,455,100 | 100.00 |
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, 2019, the Company has 31,380,871 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 | 606,707 |
Discretionary Reserve | 11,527,432 |
Yours sincerely,
VICTOR A. RUIZ |
Officer in charge of Market Relations |
(1) Includes 31,381 relating to treasury shares.
(2) Includes 566,538relating 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
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. | |
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| By: | /s/ Leandro Montero |
| Leandro Montero | |
| Chief Financial Officer | |
Date: March 9, 2020