Financial Institution for Development WE SUPPORT SUSTAINABLE PROJECTS

Size: px
Start display at page:

Download "Financial Institution for Development WE SUPPORT SUSTAINABLE PROJECTS"

Transcription

1 Financial Institution for Development WE SUPPORT SUSTAINABLE PROJECTS

2 SUSTAINABLE DEVELOPMENT BANK MisiOn vision VALUE PROMISE CORPORATE VALUES Teamwork Respect Integrity Service Vocation Innovation Commitment

3 ABOUT US Caribbean University -Sincelejo Transport System Transmetro - Barranquilla

4 PRODUCTS FinanciAL INTEGRATED TERRITORIAL DEVELOPMENT -ITD

5 HOW DO WE DREAM OUR REGIONS?

6 WE DREAM WITH SUSTAINABLE TERRITORIES URBAN DEVELOPMENT OPORTUNITIES FOR ALL MODERN GOVERNMENT QUALITY OF LIFE SUSTAINABLE ENVIRONMENTS

7 PLANIFICATION WE ARE THE STRATEGIC ALLY OF THE REGIONS FINANCE IMPLEMENTATION

8 PARTNERSHIPS FROM THE VISION TO THE ACTION Interested leaders in planning their region. Identify needs and opportunities. Solutions from the regions. Sustainable projects financing.

9 INTEGRATED AND SUSTAINABLE SOLUTIONS short TERM Priority Solutions Sustainable Solutions REGIONAL SOLUTIONS MID TERM LONG TERM Planification oriented to the action. Planification with sustainable and competitive vision. Integrated regional vision.

10 SUSTAINABLE AND COMPETITIVE CITIES Financial Institution for Development InveSTMENTS COP $3 TRILLION 1. PASTO 2. ARMENIA 3. PEREIRA 4. MANIZALES 5. MONTERÍA 6. CARTAGENA 7. BARRANQUILLA 8. SANTA MARTA 9. VALLEDUPAR 10. BUCARAMANGA 11. VILLAVICENCIO

11 PLANNING CITIES CIUDADES EMBLEMÁTICAS - ARTICULACIÓN ARACATACA COROZAL LORICA QUIBDÓ SABANA BUENAVENTURA CENTRO GUAPI TUMACO SAN ANDRÉS GALAPA MAGANGUÉ BARRANCABERMEJA SAN GIL SOCORRO ARTICULATE THE SUSTAINABILITY OF THE TERRITORY REGIONAL PLANNING Plan de TERRITORIAL Ordenamiento ORDERING Territorial PLAN SECTORAL PLANS LONG TERM VISION DEVELOPMENT PLAN

12

13 EARLY VICTORIES Tourism Innovatur (Bolívar) Santander LIFE (Santander) Agriculture and Environment Agropolis Agricultura y medio ambiente Logistic and Transportation Caribbean Train (Bolívar and Atlántico) Magdalena PLUS

14 REDISCOUNT LOANS - DISBURSEMENTS Cop $572 billion Cop $222 billion Cop $456 billion INFRASTRUCTURE AND TRANSPORTATION HOUSING, WATER AND BASIC SANITATION HEALTH AND EDUCATION Cop $96 billion Cop $50 billion Cop $27 billion 239 projects ENERGY INNOVATION AND ICT OTHER THAT ENCHANCE TERRITORY COP $1,4 TRILLION Amounts as of September 30, 2015

15 DISBURSEMENTS. REGIONS NORTHWEST REGION COP $312 BILLION COFFEE REGION COP $40 MILLION CARIBBEAN REGION COP $ 322 MILLION NORTHEAST REGION COP $ 196 MILLION 21 5 ciudades regionales 2 zonas satélites SOUTH REGION COP $15 MILLION PACIFIC REGION COP $ 221 MILLION CENTER REGION $377 mil millones Amounts as of September 30, 2015

16 TECHNICAL ASSISTANCE Potable Water and Basic Sanitation Housing Social Infraestructure and Community Facilities

17 TECHNICAL ASSISTANCE (ITD) WE ARE GENERATING MORE THAN 54k 600 EMPLOYMENTS WE ARE MANAGING MORE THAN projects MANAGED IN THE COLOMBIAN TERRITORY INVESTMENTS $7.4 TRILLION HOUSING infrastructure water 5 million of m2 built 25k kids benefited 9 million people benefited

18 TECHNICAL ASSISTANCE - EXECUTED COP $4.9 TRILLION 442 ProJECTS Water Plant Niza, Manizales Library University Libre, Pereira Primavera, Dosquebradas WATER $1.4 TRILLION 124 projects out of 197 Infrastrucure $582 billion 162 projects out of HOUSES $100 BILLION 5 out of 71 projects Terranova, Jamundí Vipa (SAVING HOUSING) $2.9 TRILLION houses 151 out of 155 projects

19 ISSUER investor relations-ir The Colombia Stock Exchange (BVC) granted Findeter the Issuer Investor Relations -IR" recognition due to its best practices in the disclosure of information and investor relations. Financial and corporative information updated in the spanish and english webpage. Greater transparency and more confidence in FINDETER. Quarterly financial disclosure events. Appointment of a head of Investor Relations.

20 BALANCE SHEET - SEPTEMBER Variation $ % % Participation Available % 6% 14% Loan Accounts Receivable % 87% 82% Loan Provisions % -1% -1% Other Assets % 8% 5% TOTAL ASSETS % 100% 100% Deposits and due obligations % 65% 75% Banks and other financial obligations % 19% 8% Bonds % 15% 14% Other Liabilities % 1% 3% TOTAL LIABILITIES % 100% 100% Subsribed and payd % 88% 87% Reserves % 10% 11% GENTE Profits and loss % 2% 2% TOTAL EQUITY % 100% 100% TOTAL LIABILITIES AND EQUITY %

21 INCOME STATEMENTS - SEPTEMBER SEPTEMBER EXECUTED Variation % Operat. Rev. INCOME STATEMENTS $ % NET INTERESTS % 9% 19% NET LIABILITIES IN FOREIGN CURRENCY AND HEDGES % -1% -1% LOAN ACCOUNT PROVISIONS AND OTHER % 1% 1% NET FEES % 0% 0% GROSS FINANCIAL MARGIN % 7% 17% NON FINANCIAL REVENUES PROJECTS % 5% 6% ADMINISTRATIVE EXPENDITURES PROJECTS % 3% 4% SUBTOTAL PROJECTS % 2% 2% ADMINISTRATIVE EXPENSES % 4% 7% % 2% 5% OTHER INCOME TAXES (VTA, equity, Ica, Gmf) GENTE SUBTOTAL % 6% 12% OPERATING MARGIN % 3% 7% NONE OPERATING REVENUES AND EXPENSES % 0% 0% INCOME TAX PROVISION % 1% 4% NET INCOME % 2% 3%

22 Financial Institution for Development We support Sustainable Projects Investor Relations (+571) Ext Street 103 # Bogotá D.C., findeter1 findeter findeter

We take each step of your project with you. Grupo Bancolombia has all its resources and support at your disposal at each stage of your infrastructure

We take each step of your project with you. Grupo Bancolombia has all its resources and support at your disposal at each stage of your infrastructure We take each step of your project with you. Grupo Bancolombia has all its resources and support at your disposal at each stage of your infrastructure project. Introduction For Grupo Bancolombia, the commitment

More information

#PPP PROJECTS. Dimitri Zaninovich. Director of Infrastructure and Sustainable Energy National Planning Department

#PPP PROJECTS. Dimitri Zaninovich. Director of Infrastructure and Sustainable Energy National Planning Department #PPP PROJECTS Dimitri Zaninovich Director of Infrastructure and Sustainable Energy National Planning Department February, 2014 1. Starting Point Colombia s Macroeconomic Overview Upcoming Opportunities

More information

1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets

1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets 1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets As of March 31,2014 As of March 31,2015 Assets Cash and due from banks 478,425 339,266 Call loans and bills bought 23,088 58,740 Monetary

More information

Investing in Colombia - A Guide for Successful Investors

Investing in Colombia - A Guide for Successful Investors INVESTOR S GUIDE 2 Investing safely and reliably Shortcuts Step by step to invest Collective Portfolios New tool for stock purchase Training courses for isa s shareholders General Information for Inquiries

More information

MANUAL Arrival. Mobility THINK UPB! EN// International Relations Office THINK GLOBALLY... Formación integral para la transformación social y humana 1

MANUAL Arrival. Mobility THINK UPB! EN// International Relations Office THINK GLOBALLY... Formación integral para la transformación social y humana 1 THINK GLOBALLY... THINK UPB! International Relations Office Mobility MANUAL Arrival www.upb.edu.co Formación integral para la transformación social y humana 1 Contents General information.... 3 Information

More information

Business Process Outsourcing & Off shoring (BPO&O) Vice-presidency of Foreign Investment August 2011

Business Process Outsourcing & Off shoring (BPO&O) Vice-presidency of Foreign Investment August 2011 Business Process Outsourcing & Off shoring (BPO&O) Vice-presidency of Foreign Investment August 2011 In 2009, eight sectors formulated and started implementing their Industry business plans leading to

More information

3. CONSOLIDATED QUARTERLY FINANCIAL STATEMENTS

3. CONSOLIDATED QUARTERLY FINANCIAL STATEMENTS 3. CONSOLIDATED QUARTERLY FINANCIAL STATEMENTS (1) Consolidated Quarterly Balance Sheets September 30, 2014 and March 31, 2014 Supplementary Information 2Q FY March 2015 March 31, 2014 September 30, 2014

More information

Report of 3Q 2015 consolidated results Information reported in Ps. billions (1) and under Full IFRS (1) We refer to billions as thousands of

Report of 3Q 2015 consolidated results Information reported in Ps. billions (1) and under Full IFRS (1) We refer to billions as thousands of Report of 3Q 2015 consolidated results Information reported in Ps. billions (1) and under Full IFRS (1) We refer to billions as thousands of millions. isclaimer Grupo Aval Acciones y Valores S.A. ( Grupo

More information

Consolidated and Non-Consolidated Financial Statements

Consolidated and Non-Consolidated Financial Statements May 13, 2016 Consolidated and Non-Consolidated Financial Statements (For the Period from April 1, 2015 to March 31, 2016) 1. Summary of Operating Results (Consolidated) (April 1,

More information

Empresas Públicas de Medellín

Empresas Públicas de Medellín 1 Empresas Públicas de Medellín Emerging Markets Corporate Conference Miami, March of 2010 Disclaimer 2 This document was prepared by EPM with the purpose of providing interested parties certain financial

More information

Consolidated EBITDA totalized COP$ 1,5 trillion (US$ 799 million), an increase of 14% in pesos and 11% in dollars. EBITDA margin stood at 26%.

Consolidated EBITDA totalized COP$ 1,5 trillion (US$ 799 million), an increase of 14% in pesos and 11% in dollars. EBITDA margin stood at 26%. GRUPO ARGOS September 30, 2013 3Q Report BVC: GRUPOARGOS, PFGRUPOARG EXECUTIVE SUMMARY For the first 9 months of 2013, revenues for consolidated Grupo Argos up to COP$ 5.6 trillion (US$ 3 billions), an

More information

Empresas Publicas de Medellin ESP August 11, 2015

Empresas Publicas de Medellin ESP August 11, 2015 Empresas Publicas de Medellin ESP August 11, 2015 Corporate Speakers Jorge Andres Tabares; EPM Group; Executive Vice President of Corporate Finance and Investment Management PRESENTATION Operator: Welcome

More information

Net sales Operating income Ordinary income

Net sales Operating income Ordinary income Consolidated Financial Statements Summary May 10, 2016 (For the year ended March 31, 2016) English translation from the original Japanese-language document (All financial information has been prepared

More information

1Q15 Consolidated Earnings Results

1Q15 Consolidated Earnings Results 1Q15 Consolidated Earnings Results Colombian Banking GAAP and IFRS June 2015 Disclaimer Grupo Aval Acciones y Valores S.A. ( Grupo Aval ) is an issuer of securities in Colombia and in the United States,

More information

GOVERNMENT POLICIES FOR BUS RAPID TRANSIT DELIVERY

GOVERNMENT POLICIES FOR BUS RAPID TRANSIT DELIVERY GOVERNMENT POLICIES FOR BUS RAPID TRANSIT DELIVERY Daniel García Deputy Minister of Transport Republic of Colombia January 2007 Colombian Federal Transit Policy THE PROBLEMATIC OF TRANSIT IN COLOMBIA Structural

More information

Colombia Regulation. 2.1 Type of funds. Collective portfolios. According to the Colombian legislation, the main types of investment funds are:

Colombia Regulation. 2.1 Type of funds. Collective portfolios. According to the Colombian legislation, the main types of investment funds are: Colombia Regulation FUNDS AND FUND MANAGEMENT 2010 2.1 Type of funds According to the Colombian legislation, the main types of investment funds are: Collective portfolios A collective portfolio is a mechanism

More information

November 4, 2015 Consolidated Financial Results for the Second Quarter of Fiscal Year 2015 (From April 1, 2015 to September 30, 2015) [Japan GAAP]

November 4, 2015 Consolidated Financial Results for the Second Quarter of Fiscal Year 2015 (From April 1, 2015 to September 30, 2015) [Japan GAAP] November 4, 2015 Consolidated Financial Results for the Second Quarter of Fiscal Year 2015 (From April 1, 2015 to September 30, 2015) [Japan GAAP] Company Name: Idemitsu Kosan Co., Ltd. (URL http://www.idemitsu.com)

More information

102 Management Report Second Half 2013. Chapter 8 Our Commitment to Stakeholders

102 Management Report Second Half 2013. Chapter 8 Our Commitment to Stakeholders 102 Management Report Second Half 2013 Chapter 8 Our Commitment to Stakeholders 103 Sharing the knowledge from what we know to do is part of our commitment Through the Financial Education For Life program,

More information

Consolidated Financial Statements 2009

Consolidated Financial Statements 2009 Consolidated Financial Statements 2009 (April 1, 2009 - March 31, 2010) Senkon Logistics Co., Ltd. CONSOLIDATED BALANCE SHEET ASSETS (As of March 31,2009) (As of March 31,2010) Current assets Cash and

More information

BBVA Colombia. Working for a better future for people

BBVA Colombia. Working for a better future for people BBVA Colombia Working for a better future for people 2013 The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities

More information

U-Sapiens Ranking Colombia 2010_2

U-Sapiens Ranking Colombia 2010_2 U-Sapiens Ranking Colombia 2010_2 By Carlos-Roberto Peña-Barrera (1977-Colombia-) editor@sapiensresearch.org Abstract The main objectives of the investigation are the following: (1) that the national and

More information

COMPARING REGULATION IN 21 CITIES AND 183 ECONOMIES

COMPARING REGULATION IN 21 CITIES AND 183 ECONOMIES COMPARING REGULATION IN 21 CITIES AND 183 ECONOMIES A PUBLICATION OF THE WORLD BANK AND THE INTERNATIONAL FINANCE CORPORATION COMPARING REGULATION IN 21 CITIES AND 183 ECONOMIES 2010 The International

More information

2Q15 Consolidated Earnings Results

2Q15 Consolidated Earnings Results 2Q15 Consolidated Earnings Results IFRS September 2015 Disclaimer Grupo Aval Acciones y Valores S.A. ( Grupo Aval ) is an issuer of securities in Colombia and in the United States, registered with Colombia

More information

Corporate Presentation 2014

Corporate Presentation 2014 Corporate Presentation 2014 Grupo Éxito Grupo Éxito is the leader retail Company in Colombia and Uruguay with Net Revenues of COP$10.7 billion in 2013 and 42% share of the formal market with a true nation-wide

More information

Consolidated Interim Earnings Report

Consolidated Interim Earnings Report Consolidated Interim Earnings Report For the Six Months Ended 30th September, 2003 23th Octorber, 2003 Hitachi Capital Corporation These financial statements were prepared for the interim earnings release

More information

Agribusiness. Sector

Agribusiness. Sector Agribusiness Sector Introduction Specialized interest and knowledge of your business is the best guarantee of a broad array of financial solutions that Grupo Bancolombia* places at your disposal. The backing

More information

Statistics List and Data Search Menu (Flow of Fund)

Statistics List and Data Search Menu (Flow of Fund) Flow of Funds (FF) Flow of Funds (Quarterly Data) Financial Assets and Liabilities Banks (including the Japan Post Bank from 2007/4Q) for small businesses (including the Japan Post Bank from 2007/4Q) Postal

More information

Consolidated balance sheet

Consolidated balance sheet Consolidated balance sheet Non current assets 31/12/2009 31/12/2008 (*) 01/01/2008 (*) Property, plant and equipment 1,352 1,350 1,144 Investment property 7 11 11 Fixed assets held under concessions 13,089

More information

+ Antioquia. + Atlántico. Caldas

+ Antioquia. + Atlántico. Caldas + Antioquia Caldas Itaguí Centro de los Recursos Naturales Renovables La Salada: In addition to business management programs, this center has a strong focus on agriculture, farming and livestock, ecology,

More information

IFRS Reference Quarterly Consolidated Financial Statements

IFRS Reference Quarterly Consolidated Financial Statements Quarterly Consolidated Financial Statements For the 6 months ended September 30, 2015 The statutory consolidated financial statements of Daiwa Securities Group Inc. filed under Financial Instruments and

More information

Accounting and Reporting Policy FRS 102. Staff Education Note 1 Cash flow statements

Accounting and Reporting Policy FRS 102. Staff Education Note 1 Cash flow statements Staff Education Note 1: Cash flow Statements Accounting and Reporting Policy FRS 102 Staff Education Note 1 Cash flow statements Disclaimer This Education Note has been prepared by FRC staff for the convenience

More information

COLOMBIAN CLIMATE CHANGE MITIGATION GROUP MINISTRY OF ENVIRONMENT, HOUSING AND TERRITORIAL PLANNING

COLOMBIAN CLIMATE CHANGE MITIGATION GROUP MINISTRY OF ENVIRONMENT, HOUSING AND TERRITORIAL PLANNING COLOMBIAN CLIMATE CHANGE MITIGATION GROUP MINISTRY OF ENVIRONMENT, HOUSING AND TERRITORIAL PLANNING Ministry Ministerio of Environment, de Ambiente, Housing Vivienda y and Desarrollo Territorial Territorial

More information

The Sumitomo Warehouse Co., Ltd.

The Sumitomo Warehouse Co., Ltd. Consolidated Financial Results for the Year Ended March 31, 2014[ Japan GAAP ] May 13, 2014 The Sumitomo Warehouse Co., Ltd. Securities code: 9303 Stock exchange listings: URL: Representative: Inquiries:

More information

Overview of Business Results for the Second Quarter of Fiscal Year Ending March 2015 [Japanese Standard Form] (Consolidated)

Overview of Business Results for the Second Quarter of Fiscal Year Ending March 2015 [Japanese Standard Form] (Consolidated) Overview of Business Results for the Second Quarter of Fiscal Year Ending March 2015 [Japanese Standard Form] (Consolidated) November 6, 2014 Name of the Company: Cosmo Oil Co., Ltd. Shares traded:tse

More information

Summary Comparison of Part II of the CICA Handbook Accounting

Summary Comparison of Part II of the CICA Handbook Accounting Summary Comparison the CICA Accounting to XFI Version in Part V As December 31, 2009 1. This comparison has been prepared by the staff the Accounting Standards Board (AcSB) and has not been approved by

More information

SUMMARY INTERIM REPORT 1Q2015

SUMMARY INTERIM REPORT 1Q2015 1st QUARTER REPORT 2015 1 SUMMARY INTERIM REPORT 1Q2015 The result for Norwegian Hull Club (NHC) in the first quarter of 2015 is minus USD 9.3 million. Technical result of insurance operations is minus

More information

BALANCE SHEET AND INCOME STATEMENT

BALANCE SHEET AND INCOME STATEMENT BANCOLOMBIA S.A. (NYSE: CIB; BVC: BCOLOMBIA, PFBCOLOM) REPORTS CONSOLIDATED NET INCOME OF COP 1,879 BILLION FOR 2014, AN INCREASE OF 24% COMPARED TO 2013. Operating income increased 23.8% during 2014 and

More information

Household Financial Services

Household Financial Services Household Financial Services Products, Supervision & Consumer Protection Financial Liabilities and Assets of the Household Sector Baht per household 200,000 180,000 Household Debt Household Deposit 160,000

More information

Colombia will absorb well the negative impact of the low oil prices

Colombia will absorb well the negative impact of the low oil prices BBVA COLOMBIA 4Q2014 The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities or the solvency of the issuer. 2

More information

FINANCIAL RESULTS FOR THE THREE MONTH ENDED JUNE 2013

FINANCIAL RESULTS FOR THE THREE MONTH ENDED JUNE 2013 FINANCIAL RESULTS FOR THE THREE MONTH ENDED JUNE 2013 Based on US GAAP Mitsubishi Corporation 2-3-1 Marunouchi, Chiyoda-ku, Tokyo, JAPAN 100-8086 http://www.mitsubishicorp.com/ Mitsubishi Corporation and

More information

Fleet in operation as of April 2015 Avianca. Avianca Cargo. Avianca in numbers

Fleet in operation as of April 2015 Avianca. Avianca Cargo. Avianca in numbers Fact Sheet 2015 Fleet in operation as of April 2015 Avianca 04 Boeing 787 Dreamliner 10 Airbus A330-200 57 Airbus A320-200 09 Airbus A321 32 Airbus A319-100 10 Airbus A318-100 12 Aviones jet Embraer E190

More information

Financial Status, Operating Results and Risk Management

Financial Status, Operating Results and Risk Management Financial Status, Operating Results and Risk Management 87 Financial Status 88 89 90 90 90 95 95 Operating Results Cash Flow Effects of Major Capital Expenditures in the Most Recent Fiscal Year on Financial

More information

The LIAJ s Comments on. Second Consultative Document. Margin requirements for. non-centrally cleared derivatives

The LIAJ s Comments on. Second Consultative Document. Margin requirements for. non-centrally cleared derivatives The LIAJ s Comments on Second Consultative Document Margin requirements for non-centrally cleared derivatives 15 March 2013 The Life Insurance Association of Japan (LIAJ) The Life Insurance Association

More information

Overview of Business Results for the 2nd Quarter of Fiscal Year Ending March 31, 2012 (2Q FY2011)

Overview of Business Results for the 2nd Quarter of Fiscal Year Ending March 31, 2012 (2Q FY2011) November 8, 2011 Overview of Business Results for the 2nd Quarter of Fiscal Year Ending March 31, 2012 () Name of the company: Iwatani Corporation Share traded: TSE, OSE, and NSE first sections Company

More information

GAAP quarterly net income of $1.9 billion or $0.80 per share including non-cash, non-operating

GAAP quarterly net income of $1.9 billion or $0.80 per share including non-cash, non-operating Visa Inc. Reports Fiscal First Quarter 2016 Results GAAP quarterly net income of $1.9 billion or $0.80 per share including non-cash, non-operating income related to the revaluation of the Visa Europe put

More information

(2)Adoptions of simplified accounting methods and accounting methods particular to the presentation of quarterly financial statements: None

(2)Adoptions of simplified accounting methods and accounting methods particular to the presentation of quarterly financial statements: None Financial Statement for the Six Months Ended September 30, 2015 Name of listed company: Mipox Corporation Stock Code: 5381 (URL http://www.mipox.co.jp) Name and Title of Representative: Jun Watanabe, President

More information

Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935

Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 For Immediate Release Contact: Ken Bond Deborah Hellinger Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.212.508.7935 ken.bond@oracle.com deborah.hellinger@oracle.com CLOUD

More information

Earnings Conference Call TGI and Cálidda: Results and Key Developments 2Q2015

Earnings Conference Call TGI and Cálidda: Results and Key Developments 2Q2015 TGI & Cálidda Results 1H 2015 Grupo Energía de Bogotá Call Conference Earnings Conference Call TGI and Cálidda: Results and Key Developments 2Q2015 Operator Instructions Good morning ladies and gentlemen.

More information

Total Assets. Goodwill & Intangible Assets. 2005 Financial Impact. Impact. Description. 2005 Financial Impact. Impact. Description

Total Assets. Goodwill & Intangible Assets. 2005 Financial Impact. Impact. Description. 2005 Financial Impact. Impact. Description Total Assets Total impact $4,572m Assets increase to $297,757m Goodwill & Intangible Assets Goodwill & Intangible Assets AASB 138, AASB 3 $541m The changes to goodwill and intangible assets reflect The

More information

(a) Using an MPC of.5, the impact of $100 spent the government will be as follows: 1 100 100 2 50 150 3 25 175 4 12.5 187.5 5 6.25 193.

(a) Using an MPC of.5, the impact of $100 spent the government will be as follows: 1 100 100 2 50 150 3 25 175 4 12.5 187.5 5 6.25 193. S5 Solutions 24 points Chapter 2: Fiscal policy. If the marginal propensity to save is.5, how large is the multiplier? If the marginal propensity to save doubles to., what happens to the multiplier? With

More information

Grupo Éxito Corporate Presentation

Grupo Éxito Corporate Presentation Grupo Éxito Corporate Presentation Note on Forward-Looking Statements This presentation may contain forward-looking statements regarding expected developments and expectations about future events. These

More information

José González de Castejón (787) 759-9094 Ana Calvo de Luis (212) 350-3903 Margie Alvarez (787) 250-3025

José González de Castejón (787) 759-9094 Ana Calvo de Luis (212) 350-3903 Margie Alvarez (787) 250-3025 Santander BanCorp Press release For more information contact: Puerto Rico New York José González de Castejón (787) 759-9094 Ana Calvo de Luis (212) 350-3903 Margie Alvarez (787) 250-3025 SANTANDER BANCORP

More information

Conference Call Codensa and Emgesa 1Q 2016 May 13, 2016

Conference Call Codensa and Emgesa 1Q 2016 May 13, 2016 Conference Call Codensa and Emgesa 1Q 2016 May 13, 2016 Good Morning Everyone. Thank you for joining us today, and welcome to our quarterly investor conference call. My name is Leonardo López and it is

More information

Chapter 1. Why Study Money, Banking, and Financial Markets?

Chapter 1. Why Study Money, Banking, and Financial Markets? Chapter 1 Why Study Money, Banking, and Financial Markets? Why Study Money, Banking, and Financial Markets To examine how financial markets such as bond, stock and foreign exchange markets work To examine

More information

Consolidated Financial Report for the Third Quarter of Fiscal Year Ending March 31, 2011 [Japan GAAP]

Consolidated Financial Report for the Third Quarter of Fiscal Year Ending March 31, 2011 [Japan GAAP] Note) This translation is prepared and provided for readers' convenience only. In the event of any discrepancy between this translated document and the original Japanese document, the original document

More information

5. Provisions for decrease in value of marketable securities (-)

5. Provisions for decrease in value of marketable securities (-) Balance sheet ASSETS I. CURRENT ASSETS A. Liquid Assets: 1. Cash. 2. Cheques received. 3. Banks. 4. Cheques given and payment orders (-). 5. Other liquid assets. B. Marketable Securities: 1. Share certificates.

More information

INTERACTIVE BROKERS GROUP ANNOUNCES 2015 RESULTS

INTERACTIVE BROKERS GROUP ANNOUNCES 2015 RESULTS INTERACTIVE BROKERS GROUP ANNOUNCES 2015 RESULTS REPORTS COMPREHENSIVE EARNINGS PER SHARE OF $0.62, INCOME BEFORE TAXES OF $458 MILLION ON $1,189 MILLION IN NET REVENUES, AND EARNINGS PER SHARE ON NET

More information

Nasdaq Baltic Market COMPANY PROFILE FOR SUCCESSFUL BOND ISSUE

Nasdaq Baltic Market COMPANY PROFILE FOR SUCCESSFUL BOND ISSUE Nasdaq Baltic Market COMPANY PROFILE FOR SUCCESSFUL BOND ISSUE FOREWORD For fast growing companies seeking to raise capital, a bond issue can be one way to fund its growth. In the long run, a financing

More information

Brain J. Dunn, CEO Richfield, Minnesota U.S Latest fiscal year: 2010 Best Buy is an American retailer that sells a wide variety of electronic

Brain J. Dunn, CEO Richfield, Minnesota U.S Latest fiscal year: 2010 Best Buy is an American retailer that sells a wide variety of electronic Current Shareholders in Best Buy should hold their stock until price increases, and new investors should not invest if looking for fast money, Best Buy s stock may not more until more economic growth occurs.

More information

Cambio Climático y Planificación del Territorio: Casos de Estudio de Adaptación en Políticas Urbanas y Sector Privado

Cambio Climático y Planificación del Territorio: Casos de Estudio de Adaptación en Políticas Urbanas y Sector Privado Cambio Climático y Planificación del Territorio: Casos de Estudio de Adaptación en Políticas Urbanas y Sector Privado Climate Change and Territorial Planning: Adaptation Case Studies for Urban Policy and

More information

Good morning, this is Jose Velez, CEO of Cementos Argos. I am joined by Mr. Ricardo Sierra, CFO and Maria Clara Aristizabal, Assistant to the CEO.

Good morning, this is Jose Velez, CEO of Cementos Argos. I am joined by Mr. Ricardo Sierra, CFO and Maria Clara Aristizabal, Assistant to the CEO. CONFERENCE CALL SCRIPT CEMENTOS ARGOS FIRST QUARTER RESULTS 2009 Good morning, this is Jose Velez, CEO of Cementos Argos. I am joined by Mr. Ricardo Sierra, CFO and Maria Clara Aristizabal, Assistant to

More information

Consolidated Financial Review for the First Quarter Ended June 30, 2004

Consolidated Financial Review for the First Quarter Ended June 30, 2004 Consolidated Financial Review for the First Quarter Ended August 9, 2004 Company Name: Head Office: Tokyo, Japan URL: Stock exchange listing: Tokyo Stock Exchange 1ST Section Code number: 6481 Representative:

More information

Consolidated Financial Statements for the Second Quarter of the Fiscal Year Ending March 31, 2014 (Japanese accounting standards)

Consolidated Financial Statements for the Second Quarter of the Fiscal Year Ending March 31, 2014 (Japanese accounting standards) Consolidated Financial Statements for the Second Quarter of the Fiscal Year Ending March 31, 2014 (Japanese accounting standards) October 30, 2013 These financial statements have been prepared for reference

More information

Quarterly Results July-September 2013

Quarterly Results July-September 2013 Quarterly Results July-September 2013 WELCOME Promigas: An organization committed to energy and progress Develops energy markets in Colombia and Peru, both directly and through shareholdings in 14 companies.

More information

Empresa de Telecomunicaciones de Bogotá Quarter results presentation 3Q 2015

Empresa de Telecomunicaciones de Bogotá Quarter results presentation 3Q 2015 Empresa de Telecomunicaciones de Bogotá Quarter results presentation 3Q 2015 December 1 of 2015 9:00 a.m. (UTC-5:00) Bogotá, Lima, Quito 01 Disclosure This disclosure contains future projections relating

More information

FOR IMMEDIATE RELEASE

FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE O-I REPORTS FULL YEAR AND FOURTH QUARTER 2014 RESULTS O-I generates second highest free cash flow in the Company s history PERRYSBURG, Ohio (February 2, 2015) Owens-Illinois, Inc.

More information

INTERACTIVE BROKERS GROUP ANNOUNCES 1Q2016 RESULTS

INTERACTIVE BROKERS GROUP ANNOUNCES 1Q2016 RESULTS INTERACTIVE BROKERS GROUP ANNOUNCES 1Q2016 RESULTS REPORTS COMPREHENSIVE EARNINGS PER SHARE OF $0.60, INCOME BEFORE TAXES OF $337 MILLION ON $489 MILLION IN NET REVENUES, AND EARNINGS PER SHARE ON NET

More information

Summary of Financial Results for the Three Months Ended June 30, 2015

Summary of Financial Results for the Three Months Ended June 30, 2015 Summary of Financial Results for the Three Months Ended June 30, 2015 (Non-Consolidated) August 7, 2015 Company name: JAPAN POST BANK Co., Ltd. Website: http://www.jp-bank.japanpost.jp/

More information

Real Estate Outlook. 2015 Colombia Unit

Real Estate Outlook. 2015 Colombia Unit Real Estate Outlook 215 Colombia Unit Our analysis of the housing market s structural conditions shows that the market has great potential. Demand continues to be driven by the increase in household incomes

More information

Brief Report on Closing of Accounts (connection) for the Term Ended March 31, 2007

Brief Report on Closing of Accounts (connection) for the Term Ended March 31, 2007 MARUHAN Co., Ltd. Brief Report on Closing of (connection) for the Term Ended March 31, 2007 (Amounts less than 1 million yen omitted) 1.Business Results for the term ended on March, 2007 (From April 1,

More information

Measurement Concepts for Banking, Trading, and Investing

Measurement Concepts for Banking, Trading, and Investing Banking,, Banking,, for the MFM Orientation September 1, 2010 Banking,, If you are going to work with bankers, traders, or investment managers, it is important for you to understand the language and concepts

More information

Statement of Investment Policies and Procedures

Statement of Investment Policies and Procedures Effective July 1, 2015 Canadian Cancer Society Statement of Investment Policies and Procedures Background The Society wishes to invest funds in a prudent manner, with appropriate consideration given to

More information

A Regional Leader in the Energy Sector

A Regional Leader in the Energy Sector Empresa de Energía de Bogotá - EEB A Regional Leader in the Energy Sector EEB Overview Wide energy Portfolio: Network and Services Shareholders: Bogotá D.C. 76.28%, Ecopetrol 6.87%, Corficolombiana 3.56%,

More information

Manufacturing. Sector

Manufacturing. Sector Manufacturing Sector Introduction Taking into account its interest in and knowledge of your business, Grupo Bancolombia*, through its subsidiaries, offers different financial solutions to industry. We

More information

HSBC FINANCE CORPORATION

HSBC FINANCE CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period

More information

Consolidated Financial Results for the nine months of Fiscal Year 2010

Consolidated Financial Results for the nine months of Fiscal Year 2010 Consolidated Financial Results for the nine months of Fiscal Year 2010 (Fiscal Year 2010: Year ending March 31, 2010) Noritake Co., Limited Company Name Stock Exchange Listings Tokyo, Nagoya Code Number

More information

Consolidated Balance Sheets

Consolidated Balance Sheets Consolidated Balance Sheets March 31 2015 2014 2015 Assets: Current assets Cash and cash equivalents 726,888 604,571 $ 6,057,400 Marketable securities 19,033 16,635 158,608 Notes and accounts receivable:

More information

FINANCIAL AND REPORTING PRINCIPLES AND DEFINITIONS

FINANCIAL AND REPORTING PRINCIPLES AND DEFINITIONS FINANCIAL AND REPORTING PRINCIPLES AND DEFINITIONS 2 BASIC REPORTING PRINCIPLES Full Disclosure of Meaningful Information Basic facts about an investment should be available prior to buying it. Investors

More information

The Basic Framework of Budgeting

The Basic Framework of Budgeting Master Budgeting 1 The Basic Framework of Budgeting A budget is a detailed quantitative plan for acquiring and using financial and other resources over a specified forthcoming time period. 1. The act of

More information

Highlights of Consolidated Financial Results for FY2007 First Quarter (April 1,2006 through June 30,2006)

Highlights of Consolidated Financial Results for FY2007 First Quarter (April 1,2006 through June 30,2006) Highlights of Consolidated Financial Results for FY2007 First Quarter (April 1,2006 through June 30,2006) Company name: TACHI-S Co., Ltd. Stock Exchange Listed: Tokyo Stock Exchange Code Number: 7239 Location

More information

BUSINESS FINANCING IN TANZANIA (CHALLENGES & OPPORTUNITIES)

BUSINESS FINANCING IN TANZANIA (CHALLENGES & OPPORTUNITIES) BUSINESS FINANCING IN TANZANIA (CHALLENGES & OPPORTUNITIES) 1 The Agenda Why long term financing? The current status and existing alternatives Challenges of raising long term capital in Tanzania Capital

More information

Convertimos oportunidades de inversión en realidades inmobiliarias

Convertimos oportunidades de inversión en realidades inmobiliarias Overview Colombia Colombia's income per capita grew 2.9% during 2014 from US$ 4251.99 to US$ 4,376.4, and according to analysts its income per capita will grow during 2015 around 3% to US$ 4,507.00. Meanwhile

More information

SUMMARY OF CONSOLIDATED BUSINESS RESULTS for the nine months ended December 31, 2012

SUMMARY OF CONSOLIDATED BUSINESS RESULTS for the nine months ended December 31, 2012 SUMMARY OF CONSOLIDATED BUSINESS RESULTS for the nine months ended December 31, 2012 February 8, 2013 ARRK Corporation 2-2-9 Minami Hommachi, Chuo-ku, Osaka, 541-0054, JAPAN 1. Consolidated financial results

More information

Financial Statement Analysis Paper

Financial Statement Analysis Paper Financial Statement Analysis Paper Example 1: Dell Computer Dell Inc. Current Year Prior Year Income Statement 3 Years Ago $ Percent $ Percent $ Percent Revenue 61,494 100.0% 52,902 100.0% 61,101 100.0%

More information

CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002

CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002 CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002 Unaudited Unaudited Note Turnover 2 5,576 5,803 Other net losses (1) (39) 5,575 5,764 Direct costs and operating expenses (1,910)

More information

ACC 120 PRINCIPLES OF FINANCIAL ACCOUNTING

ACC 120 PRINCIPLES OF FINANCIAL ACCOUNTING ACC 120 PRINCIPLES OF FINANCIAL ACCOUNTING COURSE DESCRIPTION: Prerequisites ENG 090, and RED 090 or DRE 098; MAT 070 or DMA 010, 020, 030, 040, or satisfactory score on placement test Corequisites: None

More information

Asset Allocation and Members Benefits Flows

Asset Allocation and Members Benefits Flows Reporting Standard SRS 533.1 Asset Allocation and Members Benefits Flows Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA

More information

Abbey plc ( Abbey or the Company ) Interim Statement for the six months ended 31 October 2007

Abbey plc ( Abbey or the Company ) Interim Statement for the six months ended 31 October 2007 Abbey plc ( Abbey or the Company ) Interim Statement for the six months ended 31 October 2007 The Board of Abbey plc reports a profit before taxation of 18.20m which compares with a profit of 22.57m for

More information

COLOMBIA, MOVING TOWARDS A BETTER INVESTMENT ENVIRONMENT. MaríaJoséRamírezBotero Investors and Brokers Vice-President mramirez@bvc.com.

COLOMBIA, MOVING TOWARDS A BETTER INVESTMENT ENVIRONMENT. MaríaJoséRamírezBotero Investors and Brokers Vice-President mramirez@bvc.com. COLOMBIA, MOVING TOWARDS A BETTER INVESTMENT ENVIRONMENT MaríaJoséRamírezBotero Investors and Brokers Vice-President mramirez@bvc.com.co 1 BOLSA DE VALORES DE COLOMBIA Introduction Permissible Market Recent

More information

Audit Report of Independent Certified Public Accountants

Audit Report of Independent Certified Public Accountants Audit Report of Independent Certified Public Accountants The Board of Directors Acer Incorporated: We have audited the non-consolidated balance sheets of Acer Incorporated (the Company ) as of June 30,

More information

February 2, 2016 Consolidated Financial Results for the Third Quarter of Fiscal Year 2015 (From April 1, 2015 to December 31, 2015) [Japan GAAP]

February 2, 2016 Consolidated Financial Results for the Third Quarter of Fiscal Year 2015 (From April 1, 2015 to December 31, 2015) [Japan GAAP] February 2, 2016 Consolidated Financial Results for the Third Quarter of Fiscal Year 2015 (From April 1, 2015 to December 31, 2015) [Japan GAAP] Company Name: Idemitsu Kosan Co.,Ltd. (URL http://www.idemitsu.com)

More information

Contact: Ken Bond Karen Tillman Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.650.607.0326

Contact: Ken Bond Karen Tillman Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.650.607.0326 For Immediate Release Contact: Ken Bond Karen Tillman Oracle Investor Relations Oracle Corporate Communications 1.650.607.0349 1.650.607.0326 ken.bond@oracle.com karen.tillman@oracle.com ORACLE REPORTS

More information

Summary of Consolidated Financial Results for the Six Months Ended September 30, 2013

Summary of Consolidated Financial Results for the Six Months Ended September 30, 2013 November 6, 2013 Summary of Consolidated Financial Results for the Six Months Ended Name of Company Listed: Stock Exchange Listings: Nippon Paper Industries Co., Ltd. Tokyo Code Number: 3863 URL: Representative:

More information

FY2011 Third Quarter Consolidated Financial Results (Prepared in accordance with U.S. GAAP) (Period ended December 31, 2011) (Unaudited)

FY2011 Third Quarter Consolidated Financial Results (Prepared in accordance with U.S. GAAP) (Period ended December 31, 2011) (Unaudited) FY2011 Third Quarter Consolidated Financial Results (Prepared in accordance with U.S. GAAP) (Period ended December 31, 2011) (Unaudited) Advantest Corporation (FY2011 Q3) January 27, 2012 Company name

More information

Postbank Group Interim Management Statement as of September 30, 2013

Postbank Group Interim Management Statement as of September 30, 2013 Postbank Group Interim Management Statement as of September 30, 2013 Preliminary Remarks Macroeconomic Development Business Performance Preliminary Remarks This document is an interim management statement

More information

York Business Associates, L.L.C. (d/b/a TransAct Futures) and Subsidiary FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT.

York Business Associates, L.L.C. (d/b/a TransAct Futures) and Subsidiary FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT. York Business Associates, L.L.C. (d/b/a TransAct Futures) and Subsidiary FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REPORT December 31, 2014 CONSOLIDATED STATEMENT OF FINANCIAL CONDITION December

More information

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights

SRI LANKA SECTOR QUARTERLY UPDATE. Highlights SRI LANKA SECTOR QUARTERLY UPDATE FIRST QUARTER 21 Highlights Introduction : This note is prepared by the World Bank Colombo Office to review the trends of some of the key indicators which have an impact

More information

THE SACCO SOCIETIES REGULATORY AUTHORITY (SASRA) BUSINESS PLAN OUTLINE AND TEMPLATES

THE SACCO SOCIETIES REGULATORY AUTHORITY (SASRA) BUSINESS PLAN OUTLINE AND TEMPLATES THE SACCO SOCIETIES REGULATORY AUTHORITY (SASRA) BUSINESS PLAN OUTLINE AND TEMPLATES November 2010 1. EXECUTIVE SUMMARY 1.1 Background information about the Sacco society 1.2 Products and Services 1.3

More information

Voices on Reporting. 30 May 2014. kpmg.com/in

Voices on Reporting. 30 May 2014. kpmg.com/in Voices on Reporting 30 May 2014 kpmg.com/in Welcome Series of knowledge sharing calls Covering current and emerging reporting issues Scheduled towards the back end of each month Look out for our Accounting

More information