THIRD QUARTER RESULTS 2016 - corferias.comcorferias.com/pdf/third-quarter-2016.pdf ·...
17
THIRD QUARTER RESULTS 2016
Transcript of THIRD QUARTER RESULTS 2016 - corferias.comcorferias.com/pdf/third-quarter-2016.pdf ·...
THIRD QUARTER
RESULTS 2016
Table of Contents
I. Significant events
II. Third quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the fourth quarter
V. Questions
I. Significant events
II. Third quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the fourth quarter
V. Questions
Significant events-Finance
The Consolidated Financial Statements have been
prepared under the guidelines of the International
Financial Reporting Standards (IFRS), which are fully
applicable to Corferias from 1 January 2015 for
belonging to group 1.
Significant events-Infrastructure
Significant events- Third party infrastructure operation
Puerta de Oro-Barranquilla
I. Significant events
II. Third quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the fourth quarter
V. Questions
Third Quarter- Fairs and Events
Support by Procolombia, CCB and La
Andi.
The main showcase of development,
promotion and business of the
cosmetic sector and cleaning of the
national industry and the region.
About 9,256m2 of commercial
exhibition, more than 350 exhibitors
and about 58,000 visitors. It is the
starting point for all companies and
professionals in the sector.
Organizes:CFEAbout 30,000 visitors and 200
exhibitors.
It brings together the most
representative constructors,
developers, real estate
companies and urbanizadoras
national and international. With
offers of investment projects in
real estate assets, residential
type, offices, hotels,
commercial and industrial
national and international..
13 events were held during the third quarter generating revenues of more than 1.000 million pesos. 8 of them were held in La Gran CarpaWhich highlights: El Gran Outlet del Libro,
Disclosure and Delirio.
It has been positioned in the
market as the biggest event for the
Colombian family, integrating the
commercialization of national and
imported products
Organizes: CFE
Month # Events
July 7
August 3
Sept. 3
I. Significant events
II. Third quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the fourth quarter
V. Questions
Financial Situation-Dynamic Business
0
2
0
2 2
3
4
7
2
6
5
1
3
4
8
3
5
8
3
5
6
5
6
19
0
5
10
15
20
25
0
2
4
6
8
10
12
14
16
18
20
Fairs Events TOTAL
Consolidated Statement of Comprehensive Income-Third Quarter
Statement of income Execution 2016
Income from ordinary activities 46.255.676
Sales Costs 468.125
Gross profit 45.787.551
Other income 198.250
Administrative expense 10.538.919
Selling expenses 15.731.023
Other expenses 204.709
Gain (losses) from operating activities
19.511.150
Financial income 471.434
Financial expense 413.031
Profit before tax 19.569.553
Tax expense 2.839.114
Net Profit 16.730.439
Gross profitability:
𝐺𝑟𝑜𝑠𝑠 𝑃𝑟𝑜𝑓𝑖𝑡
𝐼𝑛𝑐𝑜𝑚𝑒 𝑓𝑟𝑜𝑚 𝑜𝑟𝑑𝑖𝑛𝑎𝑟𝑦 𝑎𝑐𝑡.= 99%
Operating profitability:
𝐺𝑎𝑖𝑛 𝑓𝑟𝑜𝑚 𝑜𝑝𝑒𝑟𝑎𝑡𝑖𝑛𝑔.𝑎𝑐𝑡.
𝐼𝑛𝑐𝑜𝑚𝑒 𝑓𝑟𝑜𝑚 𝑜𝑟𝑑𝑖𝑛𝑎𝑟𝑦 𝑎𝑐𝑡= 42%
Net profitability:
𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡
𝐼𝑛𝑐𝑜𝑚𝑒 𝑓𝑟𝑜𝑚 𝑜𝑟𝑑𝑖𝑛𝑎𝑟𝑦 𝑎𝑐𝑡= 36%
Amounts in million pesos
Consolidated Statement of Financial Position
Amounts in millions of pesos
569.126.803
107.793.343
461.333.460
ASSETS LIABILITIES EQUITY
Debt Ratio
Debt ratio𝑇𝑜𝑡𝑎𝑙 𝑙𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡= 19%
Debt to equity:
𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑂𝑏𝑙𝑖𝑔𝑎𝑡𝑖𝑜𝑛𝑠
𝐸𝑞𝑢𝑖𝑡𝑦= 1,5%
Autonomy reason:
𝐸𝑞𝑢𝑖𝑡𝑦
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡= 81,1%
Amounts in million pesos
Short Term; 63.298.778
Long Term; 44.494.565
I. Significant events
II. Third quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the fourth quarter
V. Questions
Fairs to run in the fourth quarter
Artbo Expopet
BionovoSalón Internacional del Automóvil
Sofa Expoartesanias
ExpoestudianteNacional
Feria del Hogar Caribe
Agroexpo CaribeConstruferia del Caribe
Artbo Expopet
BionovoSalón Internacional del Automóvil
Sofa Expoartesanias
ExpoestudianteNacional
Feria del Hogar Caribe
Agroexpo CaribeConstruferia del Caribe
I. Significant events
II. Third quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the fourth quarter
V. Questions
Contacto
Corferias Secretaria General – Natalia Riveros
Carrera 37 No. 24-67 Bogotá - 3810000 exts. 5044 – 5041
