Presentation

FIRST QUARTER
RESULTS
2016
Table of contents
I.
II.
III.
IV.
V.
Significant events
First quarter-Exhibitions
Financial situation
Fairs and events to run in the second quarter
Questions
I. Significant events
II. First quarter-Exhibitions
III. Financial situation
IV. Fairs and events to run in the
second 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
Gran Carpa Américas
Significant events- Third party infrastructure operation
Puerta de Oro-Barranquilla
I.
II.
III.
IV.
Significant events
First quarter-Exhibitions
Financial situation
Fairs and events to run in the second
quarter
V. Questions
First Quarter- Fairs and Events
12 events were held during the first quarter
generating revenues of more than $3,386
million.
In these events sectors such as
telecommunications, banking, technology and
entertainment were involved.
Organizes: ACICAM
Colombian Platform for Business
specializing in footwear, leather
manufactures, supplies and
technology, which integrates the
latest trends in design and fashion
through the main collections that
exposes the Colombian industry
and invited countries
Organizes: ANATO
The event attracted 1,000
exhibiting companies and
3,381 exhibitors, achieved
the participation of 32
departments and 35
participating countries which
presented the best of their
destinations.
Month
January
February
March
Events
5
3
4
Organizes: Revista M&M
The fair offers the widest range of
equipment, supplies and services
for the wood processing industry
and furniture manufacturer.
It featured:
220 Exhibitors from 29 countries
I.
II.
III.
IV.
Significant events
First quarter-Exhibitions
Financial situation
Fairs and events to run in the second
quarter
V. Questions
Financial Situation-Dynamic Business
20
19
25
18
16
20
14
12
15
10
8
8
8
6
6
5
5
4
4
6
6
5
5
4
3
3
2
2
0
10
7
2
3
5
3
2
2
1
0
0
0
Fairs
Events
TOTAL
Consolidated Statement of Comprehensive Income-First Quarter
Income from ordinary activities
Cost of sales
Gross profit
Execution 2015
Budget 2016
Execution 2016
6.955.738
6.463.914
9.749.435
76.214
132.455
193.448
Gross margin
6.879.524
6.331.460
9.555.987
380.535
14.080
366.806
Administrative expenses
6.983.561
9.943.586
7.809.389
Operating Income
Selling expenses
1.772.542
894.738
1.763.397
𝑂𝑝𝑒𝑟𝑎𝑡𝑖𝑛𝑔 𝑖𝑛𝑐𝑜𝑚𝑒
𝑁𝑒𝑡 𝑠𝑎𝑙𝑒𝑠
Other expenses
110.272
59.950
190.766
(1.606.316)
(4.552.734)
159.232
Net Margin
Financial income
223.207
118.250
247.725
𝑁𝑒𝑡 𝑖𝑛𝑐𝑜𝑚𝑒
𝑁𝑒𝑡 𝑠𝑎𝑙𝑒𝑠
Finance costs
65.429
297.224
394.885
(1.448.538)
(4.731.708)
12.072
Income (expense) tax
(7.719)
-
-
Ganancia (pérdida)
(1.456.256)
(4.731.708)
12.072
Other income
Gains (losses) from operating activities
Profit (loss) before taxes
𝐺𝑟𝑜𝑠𝑠 𝑝𝑟𝑜𝑓𝑖𝑡
𝑁𝑒𝑡 𝑠𝑎𝑙𝑒𝑠
= 98%
= 2%
= 0,12%
Consolidated Statement of Financial Position
1%
3%
Total current assets
4%
11%
ASSETS
LIABILITIES
EQUITY
Other financial asset
1%
Investments in subordinate
and associates
Intangible
Property and equipment
444.336.668
80%
Assets by deferred tax
95.039.268
539.375.936
32%
36%
Total current liabilities
Financial Obligations
Other provisions
Deferred tax liabilities
Total non-current liabilities
In thousands of pesos
4%
27%
1%
Debt Ratios
Debt to equity ratio
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠
= 17,6%
𝑇𝑜𝑡𝑎𝑙 𝑙𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠
Short Term;
50.148.121
Debt to equity
𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑜𝑏𝑙𝑖𝑔𝑎𝑡𝑖𝑜𝑛𝑠
𝐸𝑞𝑢𝑖𝑡𝑦
Long Term;
44.891.147
Autonomy ratio
𝐸𝑞𝑢𝑖𝑡𝑦
= 82,4%
𝑇𝑜𝑡𝑎𝑙 𝑎𝑠𝑠𝑒𝑡𝑠
In thousands of pesos
= 1,6%
Trade shows run in the second quarter
FADJA
FILBO
Feria de Jóvenes
Empresarios
FIMA
Alimentec
Meditech
Events run in the second quarter
18 events will be held:
EVENT
MONTH
Club Media Fest
Vuelve la Vivienda a Bogotá
Crecer Bancoldex
Grabaciones Varias TV
Summit
Abril
Abril
Abril
Abril
Abril
Ingenia
Month
# Events
April
5
Mayo
May
9
Rexona Futbol Total
Mayo
Simposio de Marketing Visual
Mayo
June
5
Carrera Allianz
Mayo
Automotive Manufacturing
Mayo
Convención Cyam
Mayo
Expomarketing
Mayo
ZRII
Mayo
Noche del Guaro y el Despe
Mayo
Herbalife HLF Colombia
Junio
Feria Días de Novias
Junio
Expovinos
Junio
Sweet Fair Family
Junio
Comedy Fest
Junio
I.
II.
III.
IV.
Significant events
First quarter-Exhibitions
Financial situation
Fairs and events to run in the second
quarter
V. Questions
Contact:
Corferias General Secretary– Natalia Riveros
Carrera 37 No. 24-67 Bogotá - 3810000 exts. 5044 – 5041