Documentos de Académico
Documentos de Profesional
Documentos de Cultura
50,0
Porcentaje
40,0
30,0
20,0
10,0
0,0
2009
2010
2011
2012
2013
Saldo Pblica/PIB
2014
2015
INDICE
I.
CONCEPTOS
Pgina
3
III. CUADROS
Cuadro 1
Cuadro 2
Cuadro 3
Cuadro 4
Cuadro 5
Cuadro 6
Cuadro 7
Cuadro 8
Cuadro 9
Cuadro 10
6
7
8
9
10
11
12
13
14
15
http://www.banrep.org/informeseconomicos/ine_bol_deuex.htm
I.
CONCEPTOS
Ibid
FUENTES DE INFORMACION
Sector Privado no Financiero. En cuanto al
sector privado, la informacin proviene de
diferentes fuentes:
Los
datos
correspondientes
a
endeudamiento directo destinado a
financiar inversin o gastos en el pas,
produccin de bienes exportables y gastos
en el exterior, as como el crdito
comercial, financiacin de importaciones y
prefinanciacin de exportaciones, se
obtiene del DCIN del Banco de la
Repblica.
CUADRO 1
PUBLICA
Periodo
PRIVADA
2/
CORTO
LARGO
SUBTOTAL
CORTO
LARGO
SUBTOTAL
CORTO
LARGO
TOTAL
PUBLICA
PRIVADA
TOTAL
1.588
1.292
934
976
672
199
320
429
224
391
399
254
695
552
339
995
825
665
515
703
499
13.952
15.100
15.849
17.811
19.619
20.498
23.214
22.409
24.360
25.444
23.790
26.045
28.124
28.895
36.790
38.551
41.609
45.400
51.602
58.961
63.441
15.540
16.392
16.783
18.788
20.291
20.697
23.535
22.838
24.584
25.835
24.189
26.299
28.819
29.447
37.129
39.546
42.434
46.065
52.117
59.664
63.940
3.920
3.151
3.436
3.002
2.268
2.315
2.802
3.063
3.095
4.332
4.956
4.321
4.449
5.064
3.605
6.917
9.429
9.668
11.526
13.614
13.531
6.880
11.572
14.191
14.891
14.267
13.207
12.827
11.480
10.385
9.331
9.361
9.483
11.285
11.857
12.985
18.275
23.705
23.000
28.330
27.934
28.905
10.800
14.722
17.627
17.893
16.534
15.522
15.629
14.543
13.480
13.662
14.317
13.803
15.734
16.921
16.590
25.192
33.135
32.669
39.856
41.548
42.436
5.508
4.442
4.370
3.978
2.940
2.514
3.123
3.492
3.319
4.722
5.355
4.575
5.144
5.617
3.944
7.912
10.254
10.334
12.041
14.317
14.030
20.832
26.672
30.039
32.703
33.885
33.705
36.041
33.890
34.746
34.775
33.151
35.528
39.409
40.752
49.775
56.826
65.314
68.400
79.932
86.895
92.346
26.341
31.114
34.409
36.681
36.825
36.219
39.163
37.382
38.065
39.497
38.507
40.103
44.553
46.369
53.719
64.738
75.568
78.734
91.973
101.212
106.376
14,3
14,3
13,4
16,2
20,0
20,7
24,0
23,3
26,0
22,1
16,5
16,2
13,9
12,0
15,9
13,8
12,6
12,5
13,7
15,8
19,8
9,9
12,9
14,1
15,5
16,3
15,5
15,9
14,9
14,2
11,7
9,8
8,5
7,6
6,9
7,1
8,8
9,9
8,8
10,5
11,0
13,1
24,2
27,2
27,4
31,7
36,3
36,2
39,9
38,2
40,2
33,7
26,3
24,6
21,5
19,0
23,0
22,5
22,5
21,3
24,2
26,8
32,9
502
542
581
597
565
576
590
588
559
641
677
703
53.253
53.138
53.356
53.574
55.896
56.000
55.958
56.247
57.717
58.999
58.441
58.961
53.755
53.680
53.938
54.171
56.462
56.575
56.548
56.835
58.276
59.640
59.118
59.664
11.395
12.085
12.331
12.032
11.882
11.755
11.890
12.206
11.937
12.250
12.300
13.614
28.302
28.179
28.455
28.281
28.323
28.472
28.663
28.652
28.464
28.566
28.673
27.934
39.697
40.264
40.785
40.313
40.204
40.227
40.553
40.858
40.401
40.816
40.973
41.548
11.897
12.627
12.912
12.630
12.447
12.331
12.480
12.794
12.497
12.890
12.977
14.317
81.555
81.317
81.811
81.855
84.219
84.472
84.621
84.899
86.181
87.565
87.114
86.895
93.452
93.944
94.723
94.484
96.666
96.803
97.100
97.693
98.677
100.455
100.091
101.212
14,2
14,2
14,3
14,3
14,9
15,0
15,0
15,0
15,4
15,8
15,6
15,8
10,5
10,6
10,8
10,7
10,6
10,6
10,7
10,8
10,7
10,8
10,8
11,0
24,7
24,8
25,0
25,0
25,6
25,6
25,7
25,8
26,1
26,6
26,5
26,8
652
596
555
499
60.295
62.266
62.978
63.441
60.946
62.862
63.532
63.940
13.922
13.856
13.619
13.531
28.692
28.855
29.004
28.905
42.613
42.711
42.623
42.436
14.574
14.452
14.173
14.030
88.986
91.121
91.982
92.346
103.560
105.574
106.155
106.376
18,9
19,5
19,7
19,8
13,2
13,2
13,2
13,1
32,1
32,7
32,9
32,9
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
(P)
(P)
(Pr)
Provisional, Preliminar.
1/: No incluye pasivos de corto plazo por inversiones de portafolio en Colombia .
2/: Estimacin con base en el PIB nominal en dlares proyectado por el Banco de la Repblica a partir de informacin preliminar del PIB en pesos.
Fuente: Banco de la Repblica, Subgerencia de Estudios Econmicos y Departamento de Cambios Internacionales.
10
Cuadro 2
Largo plazo
Perodo
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2014 (P)
Corto plazo
(P)
(P)
(Pr)
Trim I
Trim II
Trim III
Trim IV
Enero
Febrero
Marzo
Abril
Mayo
Junio
Julio
Agosto
Septiembre
Octubre
Noviembre
Diciembre
Neto
Desembolsos
Amortizaciones
Desembolsos
Amortizaciones
1.137
330
53
-392
-1.038
-376
608
370
-173
1.403
633
-718
569
472
-1.672
4.255
2.839
183
1.706
2.276
-287
4.625
7.956
7.249
6.184
5.653
5.654
7.904
4.232
6.474
4.852
6.817
9.099
8.436
5.865
12.659
11.853
12.815
13.600
17.150
16.935
6.467
2.927
3.357
4.408
4.259
4.705
5.411
5.013
6.637
5.922
5.225
8.115
7.513
5.155
4.520
4.795
5.492
5.331
11.290
5.353
8.635
1.656
1.698
4.600
2.841
1.925
948
243
2.891
-2.405
552
-373
-1.297
1.586
3.281
1.346
7.864
6.361
7.485
2.310
11.797
8.299
4.811
533
401
944
830
672
120
46
142
376
433
378
501
656
1.004
1.797
1.039
1.467
1.069
1.119
1.144
973
76
121
168
236
331
317
379
386
758
332
273
446
546
732
1.070
1.023
931
828
913
966
323
870
-581
166
1.821
3.096
4.003
4.489
5.347
1.051
1.724
2.189
3.670
2.044
2.278
2.300
1.677
190
280
239
436
213
180
245
328
-144
6.108
1.184
4.924
836
224
-144
729
285
-282
-183
-116
149
314
-297
394
87
1.340
2.181
183
731
477
2.896
630
849
811
2.830
1.676
769
2.902
249
399
403
641
663
420
642
319
1.228
370
595
2.705
1.932
-216
328
-165
2.232
211
207
492
1.602
1.305
174
197
50
116
24
170
87
22
2
25
212
212
84
140
76
57
79
73
54
52
69
65
111
52
216
60
256
-121
-279
-143
1.857
2.357
1.894
360
219
222
742
472
1.638
2.135
1.151
-112
658
175
3
138
65
53
106
99
Neto
Sin AF Y TIT.
457
280
777
593
341
-197
-333
-244
-382
101
105
55
110
272
727
16
535
242
206
179
650
2.836
4.930
2.894
1.533
-90
-133
3.499
-2.035
379
1.031
-665
868
3.850
1.818
6.192
10.616
10.323
2.493
13.503
10.575
4.524
3.292
5.210
3.670
2.126
251
-330
3.167
-2.280
-4
1.131
-560
923
3.960
2.090
6.919
10.632
10.858
2.735
13.708
10.754
5.174
-23
100
-5
107
2.915
1.697
2.466
3.498
2.891
1.797
2.461
3.605
612
4.779
5.391
-26
58
-56
97
33
-30
-67
-39
101
160
-132
79
1.788
514
613
-447
2.050
94
356
806
1.304
1.699
261
1.537
1.762
572
558
-350
2.082
65
289
766
1.405
1.859
129
1.617
593
122
-103
38
1.894
2.014
872
-255
2.486
2.136
769
-217
11
FLUJO DE ENDEUDAMIENTO
NETO TOTAL 2/
Con AF Y TIT.
Cuadro 3
Perodo
Sector Privado
Sector Pblico
TOTAL 2/
Amortizaciones
Intereses 1/
Subtotal
Amortizaciones
Intereses
Subtotal
1990
1.849
1.300
3.149
322
140
463
3.612
1991
1.993
1.256
3.249
170
101
271
3.520
1992
2.341
1.110
3.451
465
93
558
4.009
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
(P)
(P)
(Pr)
1.984
2.584
1.839
1.910
2.339
2.075
2.093
2.128
2.824
3.821
3.670
2.122
5.546
4.083
2.898
2.380
1.722
2.186
2.069
3.546
1.851
2.545
261
949
1.008
1.050
1.014
1.144
1.145
1.266
1.517
1.705
1.709
1.750
1.762
2.107
1.865
2.001
2.209
2.135
2.271
2.229
2.403
2.366
2.593
988
2.933
3.592
2.889
2.924
3.483
3.220
3.359
3.645
4.529
5.531
5.420
3.885
7.653
5.949
4.900
4.588
3.858
4.457
4.298
5.949
4.217
5.138
1.248
501
487
1.164
1.568
2.238
2.420
2.943
3.601
2.567
3.202
3.011
3.434
2.842
3.876
2.802
2.872
4.143
4.329
4.193
8.571
4.416
7.056
1.718
105
351
571
783
1.117
1.134
1.042
973
755
717
602
595
613
695
749
750
748
674
920
1.035
1.245
1.361
464
606
839
1.735
2.351
3.355
3.554
3.985
4.573
3.322
3.919
3.613
4.029
3.455
4.571
3.551
3.622
4.891
5.002
5.113
9.606
5.661
8.417
2.182
3.539
4.431
4.624
5.275
6.837
6.773
7.344
8.218
7.851
9.450
9.032
7.914
11.108
10.520
8.451
8.210
8.749
9.459
9.411
15.554
9.877
13.555
3.430
Trim I
Trim II
Trim III
Trim IV
214
625
257
1.450
786
527
783
498
1.000
1.151
1.039
1.947
1.051
1.280
2.177
2.549
338
341
342
340
1.388
1.621
2.519
2.889
2.388
2.772
3.558
4.837
218
860
1.078
1.189
347
1.537
2.614
68
40
105
38
399
187
64
50
144
32
259
1.159
370
113
303
159
129
239
321
184
277
186
209
103
438
153
408
197
528
426
385
234
420
218
468
1.262
257
416
377
677
318
285
647
334
1.195
390
552
1.607
113
113
113
114
113
114
114
114
114
114
113
113
370
529
490
791
432
398
761
449
1.309
504
666
1.720
808
682
898
988
960
824
1.146
683
1.729
722
1.134
2.981
37
38
143
43
364
197
298
128
401
235
442
171
247
237
705
529
115
116
117
117
362
353
821
645
763
588
1.263
816
2014 (P)
Enero
Febrero
Marzo
Abril
Mayo
Junio
Julio
Agosto
Septiembre
Octubre
Noviembre
Diciembre
12
Cuadro 4
Perodo
Corto Plazo 1/
Crdito
Comercial
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Prstamos
Otros 2/
Largo Plazo
Subtotal
TOTAL
Crdito
Comercial
Prstamos
857
835
850
964
1.068
1.074
1.034
993
971
919
959
871
980
1.161
1.404
1.392
1.284
1.165
1.095
1.040
1.023
15.923
19.315
20.760
21.418
21.626
20.242
19.521
18.366
19.090
17.966
16.545
18.155
21.100
22.471
24.302
30.160
32.936
31.798
37.471
39.657
41.497
2.771
4.960
6.091
7.390
7.827
9.224
12.677
11.974
12.511
13.617
13.269
14.076
14.803
14.321
19.380
20.581
25.865
29.964
35.681
40.399
43.409
1.281
1.562
2.338
2.932
3.365
3.166
2.809
2.556
2.173
2.273
2.379
2.425
2.526
2.799
4.689
4.692
5.229
5.474
5.685
5.799
6.417
20.832
26.672
30.039
32.703
33.885
33.706
36.041
33.890
34.746
34.775
33.151
35.528
39.409
40.752
49.775
56.826
65.314
68.400
79.932
86.895
92.346
26.341
31.114
34.409
36.681
36.825
36.220
39.163
37.382
38.065
39.497
38.507
40.103
44.553
46.369
53.719
64.738
75.568
78.734
91.973
101.212
106.376
Bonos
Otros 3/
Subtotal
(P)
(P)
(Pr)
576
723
671
564
447
284
403
456
776
1.094
1.332
1.330
1.402
1.695
984
1.295
1.718
2.093
2.260
2.450
2.266
4.932
3.719
3.699
3.414
2.493
2.231
2.719
3.036
2.543
3.629
4.023
3.007
3.448
3.619
2.617
6.166
8.050
7.672
9.197
11.340
11.337
238
294
303
343
451
486
569
584
527
427
5.509
4.442
4.370
3.978
2.940
2.514
3.123
3.492
3.319
4.722
5.355
4.575
5.144
5.617
3.944
7.912
10.254
10.334
12.041
14.317
14.030
2014 (P)
Enero
Febrero
Marzo
Abril
Mayo
Junio
Julio
Agosto
Septiembre
Octubre
Noviembre
Diciembre
2.197
2.197
2.220
2.264
2.290
2.309
2.351
2.350
2.394
2.409
2.441
2.450
9.013
9.767
10.058
9.688
9.489
9.361
9.404
9.710
9.542
9.934
9.991
11.340
687
663
634
678
668
661
724
734
561
547
545
527
11.897
12.627
12.912
12.630
12.447
12.331
12.480
12.794
12.497
12.891
12.977
14.317
1.091
1.087
1.082
1.078
1.074
1.069
1.066
1.061
1.055
1.051
1.046
1.040
37.492
37.273
37.469
37.332
37.075
37.301
37.510
37.487
37.886
38.193
38.333
39.657
37.311
37.230
37.589
37.675
40.274
40.332
40.351
40.707
41.522
42.448
42.004
40.399
5.660
5.728
5.671
5.770
5.796
5.770
5.694
5.644
5.718
5.873
5.731
5.799
81.555
81.317
81.811
81.855
84.219
84.472
84.621
84.899
86.181
87.565
87.114
86.895
93.452
93.944
94.723
94.484
96.666
96.803
97.100
97.693
98.677
100.455
100.091
101.212
2015 (Pr)
Enero
Febrero
Marzo
Abril
2.385
2.347
2.312
2.266
11.527
11.474
11.447
11.337
661
631
414
427
14.574
14.452
14.173
14.030
1.037
1.034
1.029
1.023
39.781
41.919
41.560
41.497
41.804
41.685
43.034
43.409
6.364
6.483
6.359
6.417
88.987
91.121
91.982
92.346
103.560
105.574
106.155
106.376
13
Cuadro 5
Corto Plazo 1/
Perodo
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
(P)
(P)
(Pr) Acumul.
Crdito
Comercial
Prstamos
318
147
-53
-107
-117
-163
120
53
320
317
238
-2
72
292
-711
311
423
375
168
190
-184
820
183
106
-285
-921
-213
488
317
-493
1.086
394
-716
441
171
-1.002
3.836
2.381
-274
1.523
2.143
-4
-40
89
85
56
Otros 2/
Largo Plazo
Subtotal
Crdito
Comercial
Prstamos
Bonos
Otros 3/
Subtotal
FLUJO DE
ENDEUDAMIENTO
NETO TOTAL
56
9
41
108
35
83
16
-58
-99
1.137
330
53
-392
-1.038
-376
608
370
-173
1.403
633
-718
569
472
-1.672
4.255
2.839
183
1.706
2.276
-287
56
-35
-52
58
136
-18
-42
-20
-1
-53
49
-89
116
182
242
-13
-108
-119
-70
-54
-17
765
2.656
1.784
687
65
-1.175
-556
-1.436
403
-1.246
-1.180
1.218
2.778
1.359
1.824
5.461
2.290
-1.300
5.578
2.350
1.829
877
1.978
1.109
1.181
747
1.436
3.490
-949
149
926
-167
457
387
-195
4.822
913
5.303
3.729
6.289
6.003
3.000
457
280
777
593
341
-196
-333
-244
-382
101
105
55
110
272
1.703
16
535
242
206
179
650
2.155
4.880
3.618
2.519
1.289
47
2.559
-2.649
169
-272
-1.192
1.641
3.391
1.618
8.591
6.377
8.020
2.552
12.003
8.478
5.461
3.292
5.210
3.671
2.127
251
-329
3.167
-2.280
-4
1.131
-560
923
3.960
2.090
6.919
10.632
10.858
2.735
13.708
10.754
5.174
861
-697
181
1.799
49
27
-100
-34
870
-581
166
1.821
-13
-12
-14
-15
52
-210
646
1.862
2.005
2.500
1.668
-170
-23
100
-5
107
2.021
2.378
2.295
1.784
2.891
1.797
2.461
3.605
-138
107
-113
-144
-12
1.935
3.000
612
5.535
5.391
2014 (Pr)
Trim I
Trim II
Trim III
Trim IV
2015
Trim I
2014 (P)
Enero
Febrero
Marzo
Abril
Mayo
Junio
Julio
Agosto
Septiembre
Octubre
Noviembre
Diciembre
-63
-1
24
44
25
20
42
-1
44
15
31
10
-184
754
291
-370
-199
-128
43
305
-168
393
57
1.349
102
-24
-29
44
-9
-8
64
10
-173
-14
-1
-19
-144
729
285
-282
-183
-116
149
314
-297
394
87
1.340
-4
-4
-5
-4
-4
-5
-3
-5
-6
-5
-5
-5
100
-211
163
-161
-264
216
210
-2
438
310
179
1.373
1.835
0
170
0
2.500
0
0
498
1.170
1.000
0
-1.170
-26
58
-56
97
33
-30
-67
-39
101
160
-132
79
1.906
-158
273
-68
2.265
181
140
452
1.702
1.466
42
276
1.762
572
558
-350
2.082
65
289
766
1.405
1.859
129
1.617
2015 (Pr)
Enero
Febrero
Marzo
Abril
-66
-37
-35
-46
187
-53
-27
-110
135
-30
-217
13
256
-121
-279
-143
-3
-3
-5
-6
141
2.138
-344
-106
1.500
0
1.500
0
593
122
-103
38
2.230
2.257
1.049
-74
2.486
2.136
770
-217
14
Cuadro 6
Financiero 1/
Perodo
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013 (P)
2014 (P)
2015 (Pr)
2014 (P) Enero
Febrero
Marzo
Abril
Mayo
Junio
Julio
Agosto
Septiembre
Octubre
Noviembre
Diciembre
2015 (Pr) Enero
Febrero
Marzo
Abril
Corto
Plazo 2/
Largo
Plazo
No Financiero
Subtotal
Corto
Plazo 2/
Largo Plazo
Sin AF y Titul.
AF y Titul.
Sin AF y
Titularizacin
Con AF y
Titularizacin
Sin AF y
Titularizacin
Con AF y
Titularizacin
1.148
868
608
609
506
174
264
319
219
299
357
199
394
447
174
295
390
247
46
226
134
2.225
2.668
2.564
2.324
2.237
1.698
1.100
891
651
521
481
211
501
550
1.815
1.906
1.957
2.079
2.266
2.517
2.513
3.373
3.536
3.172
2.933
2.743
1.873
1.364
1.210
870
820
838
410
895
997
1.988
2.201
2.347
2.326
2.312
2.743
2.647
441
423
326
367
166
25
56
110
5
92
42
56
300
105
166
700
435
418
469
477
365
11.727
12.414
12.955
15.169
16.936
18.442
21.878
21.367
23.621
24.856
23.253
25.785
27.580
28.308
34.944
36.620
39.633
43.287
49.281
56.393
60.869
0
19
330
319
446
358
236
152
88
67
56
49
43
37
31
25
20
34
54
51
59
12.168
12.837
13.281
15.535
17.101
18.467
21.934
21.477
23.626
24.948
23.295
25.841
27.881
28.413
35.110
37.319
40.068
43.705
49.750
56.870
61.233
12.168
12.856
13.611
15.854
17.548
18.825
22.170
21.629
23.715
25.015
23.351
25.889
27.923
28.450
35.141
37.345
40.087
43.739
49.804
56.921
61.293
15.540
16.373
16.453
18.469
19.845
20.339
23.298
22.687
24.496
25.768
24.134
26.251
28.776
29.410
37.098
39.521
42.414
46.031
52.063
59.613
63.880
15.540
16.392
16.783
18.788
20.291
20.697
23.535
22.838
24.584
25.835
24.189
26.299
28.819
29.447
37.129
39.546
42.434
46.065
52.117
59.664
63.940
43
49
146
147
145
103
77
66
56
128
168
226
2.254
2.258
2.280
2.286
2.281
2.280
2.270
2.745
2.671
2.660
2.596
2.517
2.297
2.307
2.426
2.432
2.426
2.384
2.348
2.810
2.728
2.788
2.764
2.743
459
493
436
451
420
472
512
523
503
513
510
477
50.946
50.827
51.023
51.235
53.563
53.667
53.635
53.450
54.994
56.288
55.793
56.393
54
53
53
53
53
53
52
52
52
52
51
51
51.405
51.320
51.459
51.686
53.983
54.139
54.148
53.973
55.497
56.800
56.303
56.870
51.458
51.373
51.512
51.739
54.036
54.192
54.200
54.025
55.549
56.852
56.354
56.921
53.701
53.627
53.884
54.118
56.409
56.523
56.495
56.783
58.225
59.588
59.067
59.613
53.755
53.680
53.938
54.171
56.462
56.575
56.548
56.835
58.276
59.640
59.118
59.664
207
203
173
134
2.476
2.457
2.446
2.513
2.684
2.660
2.618
2.647
444
393
382
365
57.759
59.750
60.473
60.869
60
59
59
59
58.203
60.143
60.855
61.233
58.263
60.202
60.914
61.293
60.887
62.803
63.473
63.880
60.946
62.862
63.532
63.940
Cuadro 7
Largo plazo
Perodo
Corto plazo 1/
Neto
Desembolsos
425
-296
-232
42
-304
-473
121
109
-205
167
8
-145
604
-143
-213
656
-170
-160
-150
188
-204
1.923
3.488
2.932
3.658
3.673
3.247
5.763
2.512
4.923
2.904
4.323
5.903
4.487
3.425
9.173
3.560
5.156
6.889
8.499
11.419
4.742
1.839
1.910
2.336
2.031
2.011
2.004
2.703
3.730
3.595
2.100
5.535
4.076
2.892
2.374
1.716
2.181
2.064
3.542
1.849
2.542
261
84
1.578
596
1.627
1.662
1.242
3.061
(1.218)
1.328
804
(1.212)
1.826
1.595
1.051
7.457
1.379
3.092
3.346
6.651
8.877
4.482
66
-6
-16
144
2.110
2.985
2.560
3.764
213
624
256
1.449
-148
4.674
218
-13
40
39
16
-32
10
14
-1
-29
81
37
26
2.003
5
103
144
2.623
219
14
512
2.034
1.395
194
2.175
68
40
105
38
399
187
64
49
143
32
259
1.158
-51
-55
-42
-56
1.500
2.131
1.043
68
37
38
143
43
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
(P)
(P)
(Pr) Acumul.
Trim I
Amortizaciones
FLUJO DE ENDEUDAMIENTO
NETO TOTAL
Neto
Desembolsos
Amortizaciones
Neto
Sin AF Y TIT.
Con AF Y TIT.
0
19
313
34
208
35
0
7
11
0
0
0
0
0
0
0
0
18
22
0
9
0
0
3
44
81
123
122
91
75
22
11
7
6
5
6
6
6
4
2
3
1
0
19
311
(11)
127
(88)
(122)
(85)
(64)
(21)
(11)
(7)
(6)
(5)
(6)
(6)
(6)
15
20
(3)
8
509
1.282
364
1.669
1.358
769
3.182
-1.110
1.123
971
-1.204
1.681
2.199
908
7.244
2.035
2.922
3.187
6.500
9.065
4.277
509
1.301
674
1.658
1.485
681
3.060
-1.194
1.059
949
-1.214
1.674
2.193
903
7.237
2.029
2.916
3.201
6.520
9.063
4.285
1.897
2.361
2.304
2.315
0
0
0
0
1
1
1
1
(1)
(1)
(1)
(1)
1.963
2.355
2.288
2.459
1.962
2.355
2.287
2.458
4.457
4.308
4.316
1.935
(35)
(2)
106
2.224
32
(50)
463
1.891
1.363
(64)
1.016
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
1.921
5
37
122
2.192
42
-36
462
1.862
1.445
-28
1.042
1.921
5
36
122
2.191
42
-36
461
1.862
1.445
-28
1.042
1.463
2.093
900
25
9
0
0
0
0
0
0
0
9
(0)
(0)
0
1.412
2.038
858
-31
1.421
2.038
858
-31
16
Cuadro 8
Financiero 1/
Perodo
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013 (P)
2014 (P)
2015 (Pr)
Corto
Plazo 2/
Largo
Plazo
No Financiero
Subtotal
Corto
Plazo 2/
Largo Plazo
Sin AF
AF
Sin AF
Con AF
Con AF
2.654
1.620
1.893
1.393
720
743
933
917
670
1.286
1.591
1.350
1.939
2.102
1.322
3.564
5.160
3.638
4.246
4.981
4.615
n.d. 3/
1.725
2.190
1.835
1.189
717
434
217
166
151
516
386
1.079
942
666
2.338
3.964
5.822
8.718
8.211
7.990
2.654
3.346
4.083
3.228
1.910
1.460
1.367
1.133
836
1.437
2.108
1.736
3.018
3.045
1.988
5.903
9.124
9.460
12.964
13.192
12.605
1.266
1.530
1.543
1.609
1.547
1.572
1.869
2.146
2.425
3.045
3.364
2.971
2.510
2.962
2.283
3.353
4.269
6.031
7.280
8.634
8.916
5.599
8.304
9.992
10.444
10.251
9.772
9.886
8.917
8.191
7.030
6.579
6.768
7.761
8.193
8.864
12.460
15.723
12.933
15.181
15.110
15.661
1.281
1.543
2.009
2.613
2.827
2.717
2.507
2.347
2.028
2.151
2.267
2.328
2.444
2.722
3.455
3.477
4.018
4.245
4.431
4.612
5.254
6.865
9.834
11.535
12.053
11.798
11.344
11.756
11.063
10.616
10.075
9.943
9.739
10.272
11.155
11.146
15.813
19.992
18.964
22.461
23.744
24.577
8.146
11.377
13.544
14.666
14.624
14.061
14.262
13.410
12.644
12.225
12.209
12.068
12.716
13.877
14.601
19.290
24.010
23.209
26.892
28.356
29.831
9.519
13.179
15.618
15.281
13.708
12.805
13.122
12.196
11.452
11.512
12.051
11.475
13.290
14.200
13.135
21.715
29.117
28.423
35.426
36.936
37.183
10.800
14.722
17.627
17.893
16.534
15.522
15.629
14.543
13.480
13.662
14.317
13.803
15.734
16.921
16.590
25.192
33.135
32.669
39.856
41.548
42.436
4.082
4.251
4.299
4.014
4.036
3.819
3.551
3.877
3.899
3.852
3.843
4.981
8.666
8.537
8.693
8.653
8.646
8.622
8.764
8.717
8.170
8.055
8.196
8.211
12.748
12.788
12.991
12.668
12.683
12.441
12.315
12.594
12.069
11.907
12.039
13.192
7.314
7.834
8.032
8.018
7.845
7.936
8.339
8.329
8.038
8.398
8.457
8.634
15.230
15.179
15.354
15.123
15.139
15.342
15.457
15.532
15.790
15.846
15.945
15.110
4.405
4.463
4.408
4.505
4.538
4.509
4.442
4.403
4.504
4.664
4.533
4.612
22.544
23.013
23.386
23.141
22.984
23.278
23.795
23.861
23.828
24.244
24.401
23.744
26.949
27.476
27.794
27.646
27.522
27.786
28.238
28.264
28.332
28.909
28.934
28.356
35.292
35.801
36.377
35.808
35.666
35.719
36.110
36.455
35.897
36.152
36.440
36.936
39.697
40.264
40.785
40.313
40.204
40.227
40.553
40.858
40.401
40.816
40.973
41.548
4.828
4.788
4.713
4.615
8.211
8.205
8.193
7.990
13.039
12.993
12.906
12.605
9.093
9.068
8.905
8.916
15.285
15.332
15.596
15.661
5.196
5.318
5.215
5.254
24.379
24.400
24.501
24.577
29.574
29.718
29.717
29.831
37.418
37.393
37.407
37.183
42.613
42.711
42.623
42.436
17
Cuadro 9
Largo plazo
Corto plazo 1/
Perodo
Neto
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013 (P)
2014 (P)
2015 (Pr) Acumul.
2014 (Pr) Trim I
Trim II
Trim III
Trim IV
2015
Trim I
2014 (P)
Enero
Febrero
Marzo
Abril
Mayo
Junio
Julio
Agosto
Septiembre
Octubre
Noviembre
Diciembre
Desembolsos
Amortizaciones
FLUJO DE ENDEUDAMIENTO
NETO TOTAL
Arrendamiento Financiero
Desembolsos
Amortizaciones
Neto
Sin AF
Con AF
713
627
285
-434
-734
97
487
261
32
1.237
624
-573
-35
615
-1.460
3.599
3.009
343
1.856
2.088
-83
2.702
4.468
4.317
2.526
1.980
2.407
2.141
1.720
1.551
1.947
2.494
3.196
3.948
2.440
3.486
8.293
7.660
6.711
8.651
5.515
1.725
1.088
1.447
2.072
2.228
2.693
3.406
2.310
2.907
2.328
3.124
2.580
3.436
2.262
2.145
3.079
3.311
3.267
7.747
3.505
6.093
1.395
1.614
3.021
2.245
298
-714
-999
-169
-1.187
-776
-1.177
-85
-240
1.686
295
408
4.982
4.392
-1.036
5.146
-578
330
533
383
631
796
464
85
46
135
365
432
378
501
656
1.004
1.797
1.039
1.467
1.051
1.096
1.144
964
76
121
165
192
250
194
257
295
683
310
262
439
540
726
1.064
1.017
926
824
911
963
322
457
262
466
604
214
-109
-211
-160
-319
122
116
62
116
277
733
22
541
227
186
182
641
2.327
3.648
2.530
-136
-1.448
-902
317
-926
-744
60
539
-813
1.651
910
-1.052
8.581
7.402
-693
7.002
1.510
247
2.784
3.909
2.996
468
-1.234
-1.011
107
-1.086
-1.063
182
655
-751
1.767
1.187
-319
8.602
7.943
-466
7.188
1.691
888
804
-576
182
1.677
985
1.017
1.929
1.583
838
1.100
1.933
2.222
147
-83
-4
-638
190
280
239
436
212
179
244
328
-23
101
-5
108
951
-659
178
1.039
929
-558
174
1.147
1.433
966
467
826
223
603
471
1.075
-131
689
246
-298
-151
-126
135
316
-268
312
50
1.314
178
178
629
333
273
412
835
298
795
281
575
728
181
359
298
604
264
233
578
270
1.085
339
336
1.547
-3
-181
331
-271
9
179
257
29
-289
-58
239
-819
50
116
24
170
87
22
2
25
212
212
84
140
76
57
79
73
54
52
69
65
111
52
216
60
-26
58
-55
97
33
-29
-66
-39
101
160
-132
79
-134
509
577
-569
-142
52
392
344
-558
255
289
495
-159
567
521
-472
-109
23
325
305
-457
415
157
575
308
-66
-237
-87
357
226
850
292
183
185
599
429
174
41
251
-137
648
175
3
138
65
53
106
99
584
122
-103
38
482
-24
14
-225
1.065
98
-89
-187
18
Cuadro 10
Corto Plazo 2/
Perodo
Bancos
Compaas Corporac.
de Finan. Financieras
Comerc.
Largo Plazo
Otros 3/
SUBTOTAL
Bancos
Compaas Corporac.
de Finan. Financieras
Comerc.
Otros 3/
SUBTOTAL
Bancos
Compaas Corporac.
de Finan. Financieras
Comerc.
Otros 3/
SALDO
TOTAL 4/
658
689
830
816
601
1.124
1.690
1.494
1.935
2.099
1.319
3.521
5.127
3.638
4.249
4.985
4.623
4
3
3
3
3
3
3
3
3
3
3
3
3
0
0
0
0
143
154
194
174
108
229
74
2
1
1
1
41
31
0
0
0
0
422
71
170
243
175
229
182
49
394
440
173
295
386
238
144
235
136
1.227
916
1.197
1.236
887
1.585
1.949
1.548
2.333
2.542
1.496
3.860
5.546
3.875
4.392
5.220
4.759
968
593
360
170
119
112
492
385
1.078
942
666
2.339
3.965
5.824
8.718
8.210
7.987
14
9
6
1
0
0
0
0
0
0
0
0
0
0
0
0
0
677
400
225
157
49
40
24
1
1
1
1
1
1
0
0
0
0
1.767
1.414
942
780
654
519
481
211
500
542
1.800
1.891
1.912
1.993
2.037
2.558
2.579
3.426
2.416
1.533
1.108
822
671
997
598
1.579
1.485
2.468
4.232
5.878
7.817
10.756
10.768
10.566
1.626
1.281
1.190
986
721
1.237
2.182
1.880
3.013
3.041
1.985
5.860
9.092
9.462
12.967
13.196
12.611
18
12
9
4
3
3
3
3
3
3
3
3
3
0
0
0
0
819
554
420
331
157
269
98
3
2
2
2
42
32
0
0
0
0
2.189
1.485
1.112
1.023
828
749
662
260
894
981
1.974
2.187
2.297
2.230
2.181
2.793
2.715
4.653
3.332
2.730
2.344
1.709
2.257
2.946
2.146
3.913
4.027
3.964
8.092
11.424
11.693
15.148
15.988
15.326
4.085
4.252
4.301
4.020
4.042
3.825
3.555
3.880
3.903
3.855
3.846
4.985
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
144
153
249
249
246
203
176
88
53
125
165
235
4.229
4.406
4.550
4.269
4.289
4.028
3.731
3.969
3.956
3.979
4.011
5.220
8.666
8.537
8.692
8.653
8.646
8.622
8.763
8.717
8.170
8.055
8.195
8.210
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2.023
2.022
2.039
2.052
2.047
2.040
2.059
2.558
2.555
2.546
2.531
2.558
10.689
10.560
10.731
10.705
10.693
10.661
10.822
11.275
10.725
10.601
10.726
10.768
12.751
12.790
12.994
12.673
12.688
12.447
12.318
12.597
12.073
11.910
12.041
13.196
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2.167
2.175
2.288
2.300
2.294
2.243
2.235
2.647
2.608
2.670
2.696
2.793
14.918
14.965
15.281
14.974
14.982
14.690
14.553
15.244
14.681
14.580
14.737
15.988
4.839
4.800
4.721
4.623
0
0
0
0
0
0
0
0
216
207
180
136
5.055
5.007
4.901
4.759
8.210
8.204
8.192
7.987
0
0
0
0
0
0
0
0
2.553
2.553
2.553
2.579
10.763
10.758
10.744
10.566
13.049
13.005
12.913
12.611
0
0
0
0
0
0
0
0
2.769
2.760
2.732
2.715
15.818
15.765
15.645
15.326
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013 (P)
2014 (P)
2015 (Pr)
19