Professional Documents
Culture Documents
STATEMENTS OF INCOME
REVENUE
-
Real estate 20,977,000,000 24,824,000,000 3,847,000,00
0 -15.50%
-
Interest income 1,132,000,000 4,502,000,000 3,370,000,00
0 -74.86%
Equity in net earnings of associates and joint ventures 479,000,000 843,000,000 -364,000,000 -43.18%
Other income 161,000,000 314,000,000 -153,000,000 -48.73%
-
22,749,000,000 30,483,000,000 7,734,000,00
0 -25.37%
COSTS AND EXPENSES
-
Real estate 14,285,000,000 16,465,000,000 2,180,000,00
0 -13.24%
-
General and administrative expenses 1,543,000,000 3,114,000,000 1,571,000,00
0 -50.45%
-
Interest and other financing charges 1,142,000,000 2,863,000,000 1,721,000,00
0 -60.11%
Other charges 266,000,000 701,000,000 -435,000,000 -62.05%
-
17,236,000,000 23,141,000,000 5,905,000,00
0 -25.52%
-
INCOME BEFORE INCOME TAX 5,513,000,000 7,342,000,000 1,829,000,00
0 -24.91%
PROVISION FOR INCOME TAX
Current 1,420,000,000 1,619,000,000 -199,000,000 -12.29%
Deferred -101,000,000 -754,000,000 653,000,000 -86.60%
865,000,000 0.00%
-
NET INCOME 4,194,000,000 6,477,000,000 2,283,000,00
0 -35.25%
-
Stock options exercised 488,000,000 11,496,000,000 11,008,000,0
00 -95.76%
Issuance of Common Stock 488 488
Balance at end of year 30,200,000,000 29,712,000,000 488,000,000 1.64%
SUBSCRIPTIONS RECEIVABLE
Balance at beginning of year -737,000,000 -540,000,000 -197,000,000 36.48%
Subscriptions -177,000,000 -379,000,000 202,000,000 -53.30%
Collections 68,000,000 181,000,000 -113,000,000 -62.43%
Balance at end of year -846,000,000 -737,000,000 -109,000,000 14.79%
TOTAL PAID-UP CAPITAL 44,851,000,000 44,455,000,000 396,000,000 0.89%
STOCK OPTIONS
Balance at beginning of year 198,000,000 214,000,000 -16,000,000 -7.48%
Stock options exercised -13,000,000 -35,000,000 22,000,000 -62.86%
Balance at end of year 186,000,000 198,000,000 -12,000,000 -6.06%
RETAINED EARNINGS
Appropriated for future expansion 6,000,000,000 6,000,000,000 0 0.00%
Unappropriated:
27,993,000,0
Balance at beginning of year 51,609,000,000 23,616,000,000
00 118.53%
Prior years adjustments (PAS 19) 0 0
-
Cash dividends -5,933,000,000 -4,067,000,000 1,866,000,00
0 45.88%
8,326,000,00
Net income 14,803,000,000 6,477,000,000
0 128.55%
40,573,000,0
Balance at end of year 66,478,000,000 25,905,000,000
00 156.62%
-
Parent or Other reserves -4,139,000,000 36,044,000,0
-58,000,000 00 62144.83%
30,434,000,0
62,339,000,000 31,905,000,000
00 95.39%
UNREALIZED LOSS ON AVAILABLE-FOR-SALE
FINANCIAL ASSETS 136,000,000 6,475,000,000 - -97.90%
6,339,000,00
0
REMEASUREMENT LOSS ON DEFINED BENEFIT PLANS -572,000,000 -384,000,000 -188,000,000 48.96%
NON-CONTROLLING INTERESTS
15,755,000,0
Balance at beginning of year 13,628,000,000 -2,127,000,000
00 -740.71%
-
Net income (loss) 2,912,000,000 6,477,000,000 3,565,000,00
0 -55.04%
Increase (decrease) in non-controlling interests -139,000,000 -139,000,000
-
Dividends paid to minority interest -1,343,000,000 1,343,000,00
0
8,778,000,00
Balance at end of quarter 15,056,000,000 6,278,000,000
0 139.82%
121,998,000
121,998,000000
000
Vertical Analysis
121,995
76,181,000,00
Total Equity 0
388,944,000,0 179,710,000,0
Total Liabilities and Equity
00 100% 00 100%
STATEMENTS OF INCOME
REVENUE
Real estate 20,977,000,000 24,824,000,000
Interest income 1,132,000,000 4,502,000,000
Equity in net earnings of associates and joint
ventures
479,000,000 843,000,000
Other income 161,000,000 314,000,000
22,749,000,000 100% 30,483,000,000 100%
COSTS AND EXPENSES
Real estate 14,285,000,000 16,465,000,000
General and administrative expenses 1,543,000,000 3,114,000,000
Interest and other financing charges 1,142,000,000 2,863,000,000
Other charges 266,000,000 701,000,000
75.77 75.91
17,236,000,000 23,141,000,000
% %
INCOME BEFORE INCOME TAX 5,513,000,000 7,342,000,000
PROVISION FOR INCOME TAX
Current 1,420,000,000 1,619,000,000
Deferred -101,000,000 -754,000,000
865,000,000
18.44 647700000000.00 21.25
NET INCOME 4,194,000,000
% % %