constructora cc s.

a
estado de perdidas y ganancias 1 vertical 2 vertical % Variacion 2- 3 vertical % Variacion 3- 2 I

Ingresos operacioneales 26,905,852.00 100.00% ### 100.0% 23.64% 36,591,842.00 100.0% 10.00% 36,591,842.00
Gastos operacionales 0.00
Gastos de Ventas 26,999,785.00 100.35% ### 84.2% 3.70% 32,198,456.00 88.0% 15.00% 32,198,456.00
Gasto de Admin 1,488,682.00 5.53% 2,171,666.00 6.5% 45.88% 2,432,266.00 6.6% 12.00% 2,432,266.00
Utilidad (Perdida) Operacional (1,582,615.00) -5.88% 3,094,988.00 9.3% -295.56% 1,961,121.00 5.4% -36.64% 1,961,121.00
Ingresos (Gastos) No Operacionales 0.00
Correccion Monetaria (238,889.00) -0.89% (516,080.00) -1.6% 116.03% (650,261.00) -1.8% 26.00% (650,261.00)
Financieros 6,672.00 0.02% 1,361,548.00 4.1% 20306.89% 210,000.00 0.6% -84.58% (56,000.00)
Diversos 391,555.00 1.46% 827,296.00 2.5% 111.28% 819,023.00 2.2% -1.00% 819,023.00
Utilidad (Perdida) antes de Impueto (1,423,277.00) -5.29% 4,767,752.00 14.3% -434.98% 2,339,883.00 6.4% -50.92% 2,073,883.00
Provision de impuestos (464,000.00) -1.72% ### -6.3% 354.31% (725,615.00) -2.0% -65.58% (725,615.00)
Utilidad (Perdida) Neta (1,887,277.00) -7.01% 2,659,762.00 8.0% -240.93% 1,614,268.00 4.4% -39.31% 1,348,268.00

RAZONES FINANCIERAS
1 2 3
RAZON CORRIENTE 1.04 1.31 0.89
ROTACION DE CUENTAS POR C 133 163 180
ROTACION DE CUENTAS POR P 109 164 104
RAZON DE ENDEUDAMIENTO 83% 73% 71%
MARGEN OPERACIONAL -6% 9.3% 5.0%
MARGEN NETO -7.0% 8.0% 4.4%
RENTABILIDAD SOBRE ACTIVOS -11.1% 10.3% 7.2%
RENTABILIDAD SOBRE PATRIMO -65.6% 38.4% 24.3%

-1.18501870746128 -2.548048099
II III IV

36,591,842.00 36,591,842.00 36,591,842.00 36,591,842.00

36,591,842.00 36,591,842.00 36,591,842.00 36,591,842.00

1,961,121.00 1,961,121.00 1,961,121.00 1,961,121.00
34,630,721.00 34,630,721.00 34,630,721.00 34,630,721.00
(650,261.00) (650,261.00) (650,261.00) (650,261.00)
136,770.26 3,551,789.24 4,705,920.00 4,224,918.46
33,843,689.75 30,428,670.76 29,274,540.00 29,755,541.55
2,339,883.00 2,339,883.00 2,339,883.00 2,339,883.00
(725,615.00) (725,615.00) (725,615.00) (725,615.00)
36,909,187.75 33,494,168.76 32,340,038.00 32,821,039.55
Activo 1 Vertical 2 Vertical %Var 2-1 3 Vertical
Disponible 2,291,042 13.5% 173,536 0.7% -92.4% (8,013,701) -35.5%
Inversiones 1,454,881 8.6% 9,752,111 37.7% 570.3% 2,752,111 12.2%
Deudores 9,814,105 57.9% 14,834,673 57.3% 51.2% 18,295,921 81.1%
Gastos Pagados por Anticipado 43,499 0.3% 57,276 0.2% 31.7% 1,057,276 4.7%

Total Activo Corriente 13,603,527 24,817,596 95.9% 82.4% 14,091,607 62.4%

0.0%
Propiedades Planta y Equipo 605,903 3.6% 558,395 2.2% -7.8% 6,023,395 26.7%
Diferidos 109,780 0.6% 452,693 1.7% 312.4% 2,452,693 10.9%
Inversiones de largo plazo 2,638,731 15.6% 52,152 0.2% -98.0% 0 0.0%
Valorizaciones 1,993 0.0% 0 0.0% -100.0% 0 0.0%
Total Otros Activos 3,356,407 1,063,240 4.1% -68.3% 8,476,088 37.6%
Total Activos 16,959,934 1 25,880,836 100.0% 52.6% 22,567,695 100.0%

Pasivo

Pasivo Corriente
Obligaciones Financieras Nuevas
Obligaciones Financieras 0 0.0% 358,145 1.4% #DIV/0! 0 0.0%
Cuentas por pagar 4,221,486 24.9% 10,307,758 39.8% 144.2% 7116991 ###
Proveedores y pasivos estimados 4,293,905 25.3% 3,253,150 12.6% -24.2% 2,850,745 12.6%
Obligaciones Laborales 505,064 3.0% 1,781,582 6.9% 252.7% 1,977,556 8.8%
Impuestos Gravamenes y tasas 1,292,310 7.6% 314,246 1.2% -75.7% 725,615 3.2%
Ingresos y recibidos por anticipado 2,768,995 16.3% 2,946,756 11.4% 6.4% 3,241,432 14.4%
Dividendos por pagar 0 0.0% 0 0.0% #DIV/0! 0 0.0%
Total Pasivo Corriente 13,081,760 77.1% 18,961,637 73.3% 44.9% 15,912,339 70.5%
Pasivos a largo plazo
Depositos para futura capiatlizacion 1,000,000 5.9% 0 0.0% -100.0% 0 0.0%
Total Pasivos 14,081,760 83.0% 18,961,637 73.3% 34.7% 15,912,339 70.5%

Patrimonio
Capital Social 3,295,752 19.4% 1,917,880 7.4% -41.8% 1,917,880 8.5%
Revalorizacion del patrimonio 1,920,110 11.3% 2,303,365 8.9% 20.0% 2,718,517 12.0%
Superhavit de Capital 1,993 0.0% 0 0.0% -100.0% 0 0.0%
Utilidades Apropiadas 845,366 5.0% 38,191 0.1% -95.5% 404,693 1.8%
Resultado del Ejercicio (1,887,277) -11.1% 2,659,763 10.3% -240.9% 1,614,268 7.2%
Perdidad de los ejercicios anteriores (1,297,770) -7.7% 0 0.0% -100.0% 0 0.0%
Totala Patrimonio 2,878,174 17.0% 6,919,199 26.7% 140.4% 6,655,358 29.5%
Total Pasivo Y patrimonio 16,959,934 100.0% 25,880,836 100.0% 52.6% 22,567,697 100.0%
2,878,174 0 6,919,199 0 0 6,655,356 0
0 0 0 0 1 2 0
%Var 3-2 Diferencia I Diferencia II Diferencia III Diferencia IV
-4718% (8,187,237) (8,013,701) (8,187,237) (8,013,701) (8,187,237) (8,013,701) (8,187,237) (8,013,701)
-72% (7,000,000) 2,752,111 (7,000,000) 2,752,111 (7,000,000) 2,752,111 (7,000,000) 2,752,111
23% 3,461,248 14,495,921 (338,752) 12,807,145 (2,027,528) 18,295,921 3,461,248 18,295,921
1746% 1,000,000 1,057,276 1,000,000 1,057,276 1,000,000 1,057,276 1,000,000 1,057,276

-43% ### 10,291,607 ### 8,602,831 ### 14,091,607 ### 14,091,607

0 0 0 0 0 0 0 0
979% 5,465,000 6,023,395 5,465,000 6,023,395 5,465,000 6,023,395 5,465,000 6,023,395
442% 2,000,000 2,452,693 2,000,000 2,452,693 2,000,000 2,452,693 2,000,000 2,452,693
-100% (52,152) 0 (52,152) 0 (52,152) 0 (52,152) 0
#DIV/0! 0 0 0 0 0 0 0 0
697% 7,412,848 8,476,088 7,412,848 8,476,088 7,412,848 8,476,088 7,412,848 8,476,088
-13% (3,313,141) 18,767,695 (7,113,141) 17,078,919 (8,801,917) 22,567,695 (3,313,141) 22,567,695
0 0 0 0 0 0 0 0
0 1.17 1 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0

-100% 358,145 0 (358,145) 0 (358,145) 20,322,581 19,964,436 0

#VALUE! #VALUE! ### #REF! #REF! #REF! #REF! #REF!
-12% 402,405 2,850,745 (402,405) 2,850,745 (402,405) 2,850,745 (402,405) 2,850,745
11% 195,974 1,977,556 195,974 1,977,556 195,974 1,977,556 195,974 1,977,556
131% 411,369 725,615 411,369 725,615 411,369 725,615 411,369 725,615
10% 294,676 3,241,432 294,676 3,241,432 294,676 3,241,432 294,676 3,241,432
#DIV/0! 0 0 0 0 0 0 0 0
-16% (3,049,298) 8,795,348 ### #REF! #REF! #REF! #REF! #REF!
0 0 0 0 0 0 0 0
#DIV/0! 0 0 0 0 0 0 0 0
-16% (3,049,298) 8,795,348 ### #REF! #REF! #REF! #REF! #REF!
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0% 0 1,917,880 0 1,917,880 0 1,917,880 0 28,061,880
18% 415,152 2,718,517 415,152 2,718,517 415,152 2,718,517 415,152 2,718,517
#DIV/0! 0 0 0 0 0 0 0 0
960% 366,502 404,693 366,502 404,693 366,502 404,693 366,502 404,693
-39% (1,045,495) 1,614,268 (1,045,495) 1,614,268 (1,045,495) 1,614,268 (1,045,495) 1,614,268
#DIV/0! 0 0 0 0 0 0 0 0
-4% (263,841) 6,655,358 (263,841) 6,655,358 (263,841) 6,655,358 (263,841) 32,799,358
-13% (3,313,139) 15,450,706 ### #REF! #REF! #REF! #REF! #REF!
0 (263,843) 9,972,347
(0) 2 (3,316,989)

0.4686429526908
Diferenc COMB 2,Diferencia
### ### ###
### ### ###
### ### ###
### ### ###

### ### ###

0 0 0
### ### ###
### ### ###
(52,152) 0 (52,152)
0 0 0
### ### ###
### ### ###
0 0 0
0 0 0
0 0 0
0 0 0

### ### ###

#REF! #REF! #REF!
### ### ###
### ### ###
### ### ###
### ### ###
0 0 0
#REF! #REF! #REF!
0 0 0
0 0 0
#REF! #REF! #REF!
0 0 0
0 0 0
### ### ###
### ### ###
0 0 0
### ### ###
### ### ###
0 0 0
### ### ###
#REF! #REF! #REF!
FLUJO DE CAJA LIBRE Org
Utilidad Neta 1,614,268
+ Diferencia en Cambio -
+ Depreciación 452,492
+ Amortización -
+ Ajustes 650,261
+ Impuestos -
EBITDA 2,717,021
Disminución (Aumento) en Inversiones 7,000,000
Disminución (Aumento) en Deudores Comerciales (3,461,248)
Disminución (Aumento) en Gastos Pagados (1,000,000)
Aumento (Disminución) en Cuentas Por pagar #VALUE!
Aumento (Disminución) en Proveedore (402,405)
Aumento (Disminución) en Obligaciones Laborales 195,974
Aumento (Disminución) en Imptos 411,369
Aumento (Disminución) en Ingresos 294,676
Flujo Operativo #VALUE!
Disminución (Aumento) en Equipo (5,465,000)
Disminución (Aumento) en Diferidos (2,000,000)
Disminución (Aumento) en Inversiones 52,152
Flujo Libre #VALUE!
- Dividendos Pagados (2,980,862)
+Capitalizaciones en efectivo
+ Obligaciones financieras Actuales (358,145)
+ Obligaciones financieras Nuevas
Flujo Neto #VALUE!
Saldo Inicial 173,536
Flujo Acumulado #VALUE!

obligaciones financieras 235,000.00

obligaciones financieras l.p 61,000.00
obligaciones financieras c.p 174,000.00
costos deuda
Gastos financieros prom #VALUE!
deuda total

SALDO EN CAJA 122,717

INVERSIONES TEMPORALES 70% FLUJO ACU 286,341
constructora cc s.a
estado de perdidas y ganancias 1 vertical % 2 vertica Vari 2-1 3 vertica Var 3- 2 I

ingresos operacioneales ### 100.00% ### ### -18.70% ### ### 7.00% 24,454,211.00
costo ventas ### 78.13% ### 73.5% -23.50% ### 75.0% 9.15% 18,340,658.00
Utilidad Bruta 6,147,713.00 21.87% 6,051,724.00 26.5% -1.56% 6,113,553.00 25.0% 1.02% 6,113,553.00
Gastos operacionales 2,257,857.00 8.03% 3,007,815.00 13.2% 33.22% 3,668,132.00 15.0% 21.95% 3,668,132.00
Utilidad operacional 3,889,856.00 13.84% 3,043,909.00 13.3% -21.75% 2,445,421.00 10.0% -19.66% 2,445,421.00
Ingresos no operativos 1,413,749.00 5.03% 649,762.00 2.8% -54.04% -100.00% 0.00
Gastos no 0peracionales 470,193.00 1.67% 1,226,861.00 5.4% 160.93% -100.00% 936,000.00
Utilidad antes de impuestos 4,833,412.00 17.19% 2,466,810.00 10.8% -48.96% 2,445,421.00 10.0% -0.87% 1,509,421.00
Ajustes por inflacion (1,274,626.00) -4.53% 342,711.00 1.5% -126.89% -100.00% 0.00
I mpuesto de renta y complementario 1,259,399.00 4.48% 944,180.00 4.1% -25.03% -100.00% 0.00
Utilidad neta 2,299,387.00 8.18% 1,865,341.00 8.2% -18.88% 2,445,421.00 10.0% 31.10% 1,509,421.00

RAZONES FINANCIERAS
1 2 3
RAZON CORRIENTE 1.26 1.06 0.90
PRUEBA ACIDA 0.56 0.22 (0.63)
CAPITAL DE TRABAJO 5,165,330 2,004,135 (2,013,751)
ROTACION DE INVENTARIO 227.83 592.46 597.05
ROTACION DE CUENTAS POR COBRA 128.08 107.87 136.09
ROTACION DE CUENTAS POR PAGAR 12.02 24.23 27.75
RAZON DE ENDEUDAMIENTO 83.90% 86.10% 74.10%

0.2605610695 0.3827534346
II III IV

24,454,211.00 24,454,211.00 24,454,211.00 24,454,211.00

18,340,658.00 18,340,658.00 18,340,658.00 18,340,658.00
6,113,553.00 6,113,553.00 6,113,553.00 6,113,553.00
3,668,132.00 3,668,132.00 3,668,132.00 3,668,132.00
2,445,421.00 2,445,421.00 2,445,421.00 2,445,421.00
0.00 0.00 0.00 0.00
274,438.82 3,551,789.24 4,705,920.00 4,362,587.02
2,170,982.19 (1,106,368.24) (2,260,499.00) (1,917,166.02)
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
2,170,982.19 (1,106,368.24) (2,260,499.00) (1,917,166.02)