Corporacion Favorita C.A.

(Ecuador)
Source:

Statement type Annual, Individual Annual, Individual

Period end date 2020-12-31 2019-12-31
Units Thousands USD Thousands USD

Income Statement 2020 2019

Total operating revenue 2,170,603 2,104,795
      Net sales revenue 2,170,603 2,103,828
      Cost of goods sold -1,582,975 -1,531,129
Gross profit 587,628 572,699
      Selling and distribution expenses -253,830 -241,418
      Administrative expenses -92,845 -78,324
      Net other operating result 0.00 966.93
            Other operating income 0.00 966.93
Operating profit (EBIT) 240,953 253,924
EBITDA    
Financial result -20,755 -18,286
      Finance Expenses -20,755 -18,286
            Interest expense -20,755 -18,286
Net - other non-operating result 0.00 0.00
Extraordinary Non-operating items -33,030 -35,365
Profit before income tax 187,168 201,869
Income tax -41,971 -46,105
Profit after income tax 145,197 154,168
      Other Extraordinary Items 2,302 1,596
Net Profit (Loss) for the Period 147,499 155,764
Comprehensive income 147,499 155,764

Balance Sheet 2020 2019

Total assets 2,121,860 2,051,462
      Non-current assets 1,408,957 1,404,421
            Property, plant and equipment 737,752 558,798
            Intangible assets and goodwill 40,476 211,742
            Long-term financial assets 89,355 89,339
                  Investment properties 89,355 89,339
            Deferred assets 3,177 0.00
                  Non-current deferred tax assets 3,177 0.00
            Other non-current assets 538,198 544,541
      Current assets 712,904 647,041
            Inventories 246,038 252,004
            Trade and other receivables 134,973 140,255
                  Current trade receivables 116,721 124,187
                  Receivables from related parties 19,552 17,459
                  Other current receivables -1,300 -1,391
            Prepayments, accrued income and other deferred current assets 7,457 6,142
            Short term financial assets 304,395 232,941
                  Financial assets at fair value through profit or loss 304,395 232,941
                  Financial assets held to maturity 0.00 0.00
            Cash and Cash Equivalents 19,960 15,475
            Other current assets 81.85 224.93
Total equity and liabilities 2,121,860 2,051,462
      Total equity 1,482,973 1,389,319
            Equity attributable to owners of the parent 1,482,973 1,389,319
                  Issued capital 665,000 665,000
                  Other reserves 470,220 470,220
                  Retained earnings 200,254 98,335
                  Profit or loss for the period 147,499 155,764
      Total liabilities 638,887 662,143
            Non-current liabilities 321,100 114,767
                  Non-current loans and borrowings 193,684 0.00
                  Other non-current financial liabilities 38,486 38,291
                  Deferred revenue, accrued expenses and other deferred non-current liabilities 4,712 6,912
                  Provisions for other liabilities and charges 84,218 69,565
            Current liabilities 317,788 547,375
                  Current loans and borrowings 184,455 407,840
                  Other current financial liabilities 6,090 5,211
                  Trade and other payables 13,553 89,666
                        Payables due to related parties 0.00 18,468
                        Other current payables 13,553 71,198
                  Other current liabilities 16,831 26,096
                  Current income tax liabilities 0.00 18,562

Cash Flow Statement 2020 2019

Net cash flow from (used in) operating activities 196,242 222,347
      Cash generated from operations 196,242 222,347
            Adjustments for: Depreciation and impairment of property, plant and equipment 0.00 0.00
            Adjustments for: Amortization of intangible assets 0.00 13,176
            Changes in: Other changes 196,242 209,170
Net cash flow from (used in) investing activities -103,755 -392,134
Net cash flow from (used in) financing activities -88,002 166,086
Net increase (decrease) in cash and cash equivalents 4,485 -3,701
Cash at the beginning of the period 15,475 19,176
Cash at the end of the period 19,960 15,475
Statement type Annual, Individual Annual, Individual
Begin date of reporting period 2020-01-01 2019-01-01
Period end date 2020-12-31 2019-12-31
Original Units as Reported 1 USD 1 USD
Audited Audited Audited
Source Supercias - FS Supercias - FS

Any redistribution of this information is strictly prohibited.

Copyright © 2021 EMIS, all rights reserved.
 EMIS
14 New Street
London, EC2M 4HE, United Kingdom
www.emis.com

Annual, Individual Annual, Individual Annual, Individual

2018-12-31 2017-12-31 2016-12-31
Thousands USD Thousands USD Thousands USD

2018 2017 2016

2,089,984 1,948,912 1,887,148
2,089,984 1,948,912 1,887,148
-1,538,881 -1,433,543 -1,398,632
551,103 515,369 488,516
-232,524 -252,824 -240,685
-80,633 -40,506 -34,538
0.00 0.00 0.00
0.00 0.00 0.00
237,946 222,040 213,293
285,137 265,265 255,075
-749.95 -617.80 -3,549
-749.95 -617.80 -3,549
-749.95 -617.80 -3,549
0.00 -1,254 -8,739
-35,579 -33,177 -31,374
201,617 186,992 169,630
-50,728 -37,983 -35,028
150,888 149,009 134,603
3,124 626.48 422.20
154,012 148,382 135,025
154,012 148,382 135,025

2018 2017 2016

1,685,738 1,564,000 1,440,143
1,096,407 944,182 902,470
530,303 496,470 485,130
233,389 226,181 205,742
87,554 68,142 60,059
87,554 68,142 60,059
0.00 0.00 0.00
0.00 0.00 0.00
 245,162 153,389 151,539
589,331 619,818 537,673
254,141 225,724 211,126
156,445 128,283 117,862
131,796 116,245 95,202
26,059 13,477 24,143
-1,409 -1,439 -1,483
11,006 7,117 6,872
148,321 234,340 183,715
148,321 234,340 0.00
0.00 0.00 183,715
19,176 22,397 18,099
241.22 1,956 0.00
1,685,738 1,564,000 1,440,143
1,293,427 1,197,197 1,097,721
1,293,427 1,197,197 1,097,721
620,000 580,000 545,000
419,208 368,826 318,801
100,207 99,989 98,895
154,012 148,382 135,025
392,311 366,803 342,423
73,896 72,349 79,022
0.00 0.00 0.00
0.00 0.00 0.00
11,652 17,113 26,224
62,243 55,235 52,798
318,416 294,455 263,401
183,517 187,778 169,031
0.00 0.00 0.00
84,823 80,604 61,767
20,110 18,321 16,892
64,714 62,284 44,874
25,464 26,072 32,603
24,612 0.00 0.00

2018 2017 2016

164,805 176,290 213,840
164,805 176,290 213,840
32,445 31,262 30,508
14,746 11,963 11,274
117,614 133,064 172,057
-107,521 -126,752 -159,673
-60,505 -45,240 -46,275
-3,221 4,298 7,891
22,397 18,099 10,208
19,176 22,397 18,099
Annual, Individual Annual, Individual Annual, Individual
2018-01-01 2017-01-01 2016-01-01
2018-12-31 2017-12-31 2016-12-31
1 USD 1 USD 1 USD
Audited Audited Audited
Supercias - FS Supercias - FS Supercias - FS