JOSÉ FAUSTINO SÁNCHEZ CARRIÓN

NATIONAL UNIVERSITY

FACULTY: Economic, Accounting and Financial Sciences

PROFESSIONAL SCHOOL: Accounting and Financial Sciences
COURSE: English III
THEME: Statement of Earnings
TEACHER: Dina Elena Ramírez Huamán
CYCLE: IV-B
MEMBERS: Ríos Hilario José
Sifuentes Santiago Marcial
HUACHO-PERU
2019
 PRESENTATION

Good afternoon shareholder and investors.

Our name are Jose Rios and Marcial Sifuentes, and were are
accounts of the company.

Will expose about statement of earnings of the Redondos company.

 STATEMENT OF EARNINGS

It is a basic financial statement, which in summary form in

accordance with accounting standards and legal provisions, provides
information in terms of monetary units referring to the results
obtained, that is, the profit or loss that a company has generated in a
given period of time. job
 STATEMENT OF EARNINGS
FOR THE YEARS ENDED DECEMBER 31

(IN MILLIONS; PER SHARE AMOUNTS IN DOLLARS) 2018 2017 2016

REVENUES
Sales of Goods 100.514 98.358 94.763
Sales of Services 6.342 6.150 7.481
Other Income 3.214 3.468 3.208
TOTAL REVENUES 110.070 107.973 105.452
(IN MILLIONS; PER SHARE AMOUNTS IN DOLLARS) 2018 2017 2016
COSTS AND EXPENSES
Cost of goods sold 48.423 47.651 45.739

Cost of services sold 6.246 6.753 7.892

Interest and financial charges 10.658 10.255 10.751
Insurance losses and policyholder and annuity benefits 12.642 12.945 11.744
Provision for losses on financing receivables 6.731 6.592 6.261
Other costs and expenses 18.503 18.579 16.762
Minority interest in net earnings of consolidated affiliales 625 288 295
TOTAL COSTS AND EXPENSES 103.828 103.063 99.444
(IN MILLIONS; PER SHARE AMOUNTS IN DOLLARS) 2018 2017 2016

EARNINGS BEFORE INCOME TAXES

AND ACCOUNTING
Changes 15.375 14.981 14.649
Provision for income taxes (5.534) (5.186) (5.467)
Earnings before accounting changes 9.841 9.795 9.182

Cumulative effect of accounting changes 0 (426) 0

NET EARNINGS 9.841 9.369 9.182
(IN MILLIONS; PER SHARE AMOUNTS IN DOLLARS) 2018 2017 2016

PER-SHARE AMOUNTS
Per-share amounts before accounting changes
Diluted earnings per share 1.22 1.16 1.13
Basic earnings per share 1.23 1.17 1.14
Per- share amounts after accounting changes
Diluted earnings per share 1.22 1.13 1.13
Basic earnings per share 1.23 1.14 1.14
DIVIDENDS DECLARED PER SHARE 0.49 0.46 0.45
 REVENUES

2018 2017 2016

94,763
120,000
98,358

100,000

80,000 100,514
7,481 3,208 105,452
60,000

6,150 3,468 107,976

40,000

6,342
20,000 3,214 110,070

0
sales of goods Sales of services other income TOTAL
 COSTS AND EXPENSES

99,444
103,063
120,000 103,828
100,000
45,739
80,000 47,651
60,000 48,423 16,762
7,892 10,751 11,744
6,261 18,579
12,945 295
40,000 6,753 10,255 6,592 18,503
12,642 288
20,000 6,246 10,658 6,731
625
0

2018 2017 2016

 EARNINGS BEFORE TAXES AND
ACCOUNTING

14,649

14,981
9,182
16000
14000 15,375 5,467 9,795
12000 9,182
10000 5,186
0
8000
6000
4000 426
2000 9,369
5,534 9,841
0 0 9,841

2018 2017 2016