2013 2014 2015 2016

Valor en libros 1,417,119,900.00 1,497,059,900.00 1,544,139,900.00 1,693,559,900.00

Valor de la 2,906,274,393.00 3,971,274,372.00 4,063,082,066.00 2500000000

4,967,113,350.00
empresa
El efectivo neto -3,119,010,000.00 -3,908,590,000.00 -4,919,410,000.00 -5,950,170,000.00

2000000000 7,000,000,000.00
Deuda neta 388,660,000.00 958,240,000.00 1,361,970,000.00 1,547,570,000.00

Capital de trabajo 576,270,000.00 518,660,000.00 -161,180,000.00 -752,260,000.00

6,000,000,000.00
1500000000 1,417,119,900.00
5,000,000,000.00
0.00

$
AÑOS Valor en libros Valor de la empresa El efectivo neto Deuda neta
1000000000 4,000,000,000.00
2013 1,417,119,900.00 2,906,274,393.00 -3,119,010,000.00 -1,000,000,000.00
388,660,000.00

$
2,90
2014 3,000,000,000.00
1,497,059,900.00 3,971,274,372.00 -3,908,590,000.00
-2,000,000,000.00
958,240,000.00

2015 1,544,139,900.00 4,063,082,066.00 -4,919,410,000.00 500000000

1,361,970,000.00
2,000,000,000.00
-3,000,000,000.00
2016 1,693,559,900.00 4,967,113,350.00 -5,950,170,000.00 1,547,570,000.00 -3,1
2013
-4,000,000,000.00
1,000,000,000.00

$
2017 2,272,589,900.00 6,115,002,980.00 -7,037,790,000.00 0
1,806,530,000.00
1
-5,000,000,000.00
DEUDA NETA 0.00
-6,000,000,000.00
2,000,000,000.00
1,800,000,000.00
CAPITAL DE TRABAJO 1,806,530,000.00 -7,000,000,000.00

1,600,000,000.00
1,000,000,000.00 1,547,570,000.00 -8,000,000,000.00
1,361,970,000.00
1,400,000,000.00 576,270,000.00
518,660,000.00 AÑOS
1,200,000,000.00
500,000,000.00
1,000,000,000.00 958,240,000.00
$

800,000,000.00
0.00
600,000,000.00 -161,180,000.00
$

388,660,000.00
400,000,000.00
-500,000,000.00
200,000,000.00
-752,260,000.00
0.00
-1,000,000,000.00
AÑOS
-1,500,000,000.00 -1,302,530,000.00
 2017
VALOR EN LIBROS
2,272,589,900.00

500000000 6,115,002,980.00

VALOR DE LA EMPRESA 2,272,589,900.00

-7,037,790,000.00

000000000 7,000,000,000.00 1,806,530,000.00

6,115,002,980.00
1,693,559,900.00
6,000,000,000.00 1,544,139,900.00
-1,302,530,000.00
1,497,059,900.00
500000000 1,417,119,900.00
5,000,000,000.00
EL EFECTIVO NETO 4,967,113,350.00
0.00
Capital de trabajo 3,971,274,372.00 4,063,082,066.00
000000000 4,000,000,000.00
-1,000,000,000.00 576,270,000.00
$

2,906,274,393.00
3,000,000,000.00
-2,000,000,000.00 518,660,000.00

500000000 -161,180,000.00
2,000,000,000.00
-3,000,000,000.00
-3,119,010,000.00
-752,260,000.00
2013
-4,000,000,000.00
1,000,000,000.00 2014 2015 2016 2017
$

0 -3,908,590,000.00
-1,302,530,000.00
1
-5,000,000,000.00 2 3 4 5
0.00 -4,919,410,000.00
-6,000,000,000.00 AÑOS
AÑOS -5,950,170,000.00
-7,000,000,000.00
AÑOS Val or en l i bros -7,037,790,000.00
-8,000,000,000.00
AÑOS