NON-CONSOLIDATED BALANCE SHEET

Transcription

1 NON-CONSOLIDATED BALANCE SHEET Dec (Restated) Cash and cash equivalents (42,4) (42,4) Derivative Financial Instruments (100,0) Trade account receivables, net , ,1 Inventories , ,5 Prepayments , ,3 Non-current assest held for sale Total current assets (19,6) (6,2) Non-current investment , ,5 Other non-current account receivables , ,2 Inventories ,4 Intangibles, net (30,3) (30,3) Property, plant and equipment, net (69,2) (69,2) Investment properties , (7,1) Total non-current assets , ,5 Total assets , ,1 Current financial liabilities (95,2) Bonds and other financial liabilities , ,1 Current trade and other current payables (48,4) (48,4) Provisions , ,9 Current tax payables (47,3) (47,3) Labor liabilities , ,4 Other current liabilities , ,0 Total current liabilities (13,0) (13,0) Non-current financial liabilities , ,0 Bonds and other financial liabilities (23,9) (23,9) Deferred taxes , ,0 Total non-current liabilities (13,1) (13,8) Total Liabilities (13,1) (13,7) Issued capital , ,7 Share premium , ,2 Other Comprehensive Income (8,0) (9,0) Reserves , ,3 Retained earnings (loss) , ,4 Net income (loss) (5,4) (11,0) Total Equity , ,6

2 NON-CONSOLIDATED INCOME STATEMENT 4Q16 4Q15 Dec Operating Revenues , (4,1) Financial income or expenses, net , (31,8) Real estate income , ,1 Equity method, net , ,4 Variable cost , (2,8) Cost of sales - Financial activities , ,4 Cost of sales - Real estate business (44,6) (60,5) Gross Profit , (5,0) Gross margin 39% 38% 3,0 58% 59% (1,0) Overhead (10,9) ,6 Aministrative expenses (7,5) ,1 Depreciation and amortization - administrative , ,6 Selling expenses (78,1) (47,5) Other income and other expenses (4.429) 300,5 (4.560) (23.318) 80,4 Other income (1,6) (24,2) Other expenses (10.300) (23.920) 56,9 (18.430) (45.088) 59,1 Wealth tax (9.968) (9.668) (3,1) Operating profit , (5,0) Operating margin 34% 6% 434,5 46% 46% (0,9) EBITDA , (4,6) EBITDA margin 35% 7% 413,6 47% 47% (0,6) Non-operating revenues and expenses (33.135) (29.254) (13,3) ( ) ( ) (22,8) Financial revenues and expenses, net (33.178) (29.446) (12,7) ( ) ( ) (28,5) Exchange difference, net (77,6) ,4 Pre-tax profit (loss) , (12,0) Income tax (8.187) (123,3) (25,0) Net income (54.618) 446, (11,0) Margin 30% -36% 184,6 32% 35% (7,2)

3 CONSOLIDATED BALANCE SHEET Dec (restated) Cash and cash equivalents , ,0 Derivative financial instruments (96,3) (96,3) Investments (98,9) (98,8) Trade account receivables, net , ,6 Inventories , ,6 Prepayments (25,9) (25,4) Non-current assest held for sale , ,6 Total current assets , ,2 Non-current investment (2,2) (10,2) Other non-current account receivables , ,9 Inventories , ,4 Intangibles, net (12,5) (4,2) Property, plant and equipment, net , ,9 Investment properties , (5,4) Deferred taxes (1,5) (1,1) Biological assets , ,1 Derivativa financial instruments , ,6 Other non-current assets (100,0) (100,0) Restricted cash , ,4 Total non-current assets , ,5 Total assets , ,3 Current financial liabilities , ,4 Bonds and other financial liabilities , ,2 Current trade and other current payables (16,7) (16,6) Current provisions , ,3 Current tax payables (62,0) (36,0) Labor liabilities (100,0) - Estimated liabilities for employee benefits , Other current liabilities , ,0 Liabilities associated with assets held for sale , ,7 Total current liabilities , ,3 Non-current financial liabilities , ,6 Bonds and other financial liabilities , ,2 Deferred taxes (2,3) (13,7) Provisions , ,0

4 Other non-current payables , ,5 Labor liabilities , ,5 Estimated liabilities for employee benefits (100,0) - - Derivative financial instruments (94,8) (94,8) Other non-current liabilities , ,6 Total non-current liabilities , ,8 Total Liabilities , ,5 Issued capital , ,7 Share premium , ,2 Other Comprehensive Income , (2,0) Reserves , ,3 Other components of shareholders' equity (59.093) (124,5) (114,0) Retained earnings (loss) (0,0) ,4 Net income (loss) , ,4 Total Equity , ,5

5 CONSOLIDATED INCOME STATEMENT 4Q16 4Q15 Accumulated Dec Accumulated Operating Revenues , ,6 Cost of goods sold , ,3 Financial income or expenses, net , ,7 Real estate income , ,2 Equity method, net (9.435) 1500, ,9 Sales returns and discounts (31.658) (23.599) -34,1 ( ) ( ) 65,0 Variable cost , ,3 Cost of goods sold , ,1 Depreciation and amortization , ,3 Cost of sales - Financial activities , ,7 Cost of sales - Real estate business , ,5 Gross Profit , ,5 Gross margin 27% 17% 57,7 28% 23% 20,8 Overhead , ,4 Aministrative expenses , ,6 Depreciation and amortization - administrative , ,5 Selling expenses , ,6 Depreciation and amortization - sales , ,4 Other income and other expenses ,0 ( ) ( ) 5,6 Other income , ,3 Other expenses ( ) (68.753) -440,5 ( ) ( ) 173,5 Wealth Tax ( ) ( ) -5,1 Operating profit , ,9 Operating margin 15% 7% 129,5 17% 13% 30,8 EBITDA , ,4 EBITDA margin 23,63% 12,92% 82,9 24,88% 20,74% 19,9 Non-operating operating revenues and expenses ( ) ( ) -20,1 ( ) ( ) 35,8 Financial revenues and expenses, net ( ) ( ) -37,2 ( ) ( ) 48,6 Exchange difference, net (10.907) (34.374) -217,2 Pre-tax profit (loss) , ,0 Income tax , ,9 Profit (loss) from continuing operations , ,1 Net loss from discontinued operations - (13.315) - (13.315) Net income , ,6 Net margin 7% 0% 1928,6 8% 5% 52,4 Total comprehensive income attributable to: Non-controlling interest , ,8 Controlling interest (49.447) 505, ,4 Margin 5% -10% 151,3 4% 3% 57,4