ANALISIS VERTICAL

SUPERDEPORTES S.A
ESTADO DE RESULTADOS
AL 31 DE DICIEMBRE 2015
CUENTAS 2011 2012
INGRESOS
Ventas Netas 103,629,272.09 100.00% 128,331,017.00 100.00%
Costo de Ventas 55,319,944.85 53.38% 70,899,828.00 55.25%
UTILIDAD BURTA EN VENTAS 48,309,327.24 46.62% 57,431,189.00 44.75%

GASTOS
Gastos de Ventas 28,141,695.54 27.16% 6,430,140.00 5.01%
Gastos de Administracin 5,185,540.08 5.00% 38,658,018.00 30.12%

UTILIDAD OPERACIONAL 14,982,091.62 14.46% 12,343,031.00 9.62%

Ingrsos no Operacioponales 1,378,424.74 1.33% 68,830.00 0.05%
Gastos Financieros 547,853.23 0.53% 970,819.00 0.76%

UTILIDAD ANTES DE IMPUESTOS 15,812,663.13 15.26% 11,441,042.00 8.92%

15% Particiapacin Trabajadores 2,375,860.53 2.29% 2,361,651.00 1.84%
Impuesto a la Renta 3,258,706.51 3.14% 3,054,027.00 2.38%

UTILIDAD /PERDIDA NETA 10,178,096.09 9.82% 6,025,364.00 4.70%

5
2013 2014

152809040 100.00% 183143104 100%

86504224 56.61% 102693551 56.07%
66,304,816.00 43.39% ### 43.93%

10269967 6.72% 12170635 6.65%

43836229 28.69% 56669006 30.94%
0.00% 0.00%
12,198,620.00 7.98% ### 6.34%
262740 0.17% 1402223 0.77%
793987 0.52% 650882 0.36%

11,667,373.00 7.64% ### 6.75%

2330179 1.52% 2411121 1.32%
3027693 1.98% 2993173 1.63%
0.00%
6,309,501.00 4.13% 6,956,959.00 3.80%
 SUPERDEPORTES S.A
ESTADO DE SITUACION FINANCIERA
2011-2015

CUENTAS 2011 2012

ACTIVO
ACTIVO CORRIENTE 64.13% 64.27%
Efectivo y Equivalente de Efectivo 16,396,294.75 43.09% 15,107,433.00 39.71%
Cliente 2,605,425.66 6.85% 667,109.00 1.75%
(-) Provision Ctass Incobrables -617,204.73 -1.62% -617,205.00 -1.62%
Compaias Relacionadas 990,292.02 2.60% 6,360,251.00 16.72%
Tarjeta de Crdito 5,090,001.00 13.38% 6,258,563.00 16.45%
Otras Ctas por Cobrar 184,231.20 0.48% 207,988.00 0.55%
Inventarios 12,850,101.27 33.77% 15,305,300.00 40.23%
Otro Activos Corrientes/Ant Proveedores 548,887.89 1.44% 776,584.00 2.04%
Activos por Impuestos Corrientes - 0.00% - 0.00%
Total Activo Corriente 38,048,029.06 100.00% 44,066,023.00 100.00%
ACTIVOS NO CORRIENTES 35.87% 35.73%
Propiedad y equipo, neto 8,441,278.08 39.66% 12,295,974.00 57.78%
Otros activos no corrientes 12,491,215.07 58.69% 11,886,889.00 55.85%
Impuestos Diferidos 349,439.32 1.64% 315,789.00 1.48%
Total Activo No Corriente 21,281,932.47 100.00% 24,498,652.00 100.00%
TOTAL ACTIVOS 59,329,961.53 68,564,675.00
PASIVO 0.00% 0.00%
PASIVO CORRIENTE 39.48% 38.47%
Prestamos y sobre giros bancarios 0.00% 0.00%
Proveedores Nacionales 2,589,859.39 11.06% 2,471,664.00 10.55%
Proveedores del Exterior - 0.00% - 0.00%
Compaias Relacionadas 13,200,330.70 56.36% 14,382,343.00 61.40%
Participacion Empleados 2,375,860.53 10.14% - 0.00%
Impuesto a la renta 2,173,040.95 9.28% 3,509,081.00 14.98%
Obligaciones con el fisco/IEES 1,084,714.85 4.63% - 0.00%
Sueldo y Beneficios sociales 174,026.16 0.74% 4,475,834.00 19.11%
 Otras cuentas por pagar 1,825,120.91 7.79% 1,536,777.00 6.56%
TOTAL PASIVO CORRIENTE 23,422,953.49 100.00% 26,375,699.00 100.00%
PASIVO NO CORRIENTE 2.16% 2.95%
Compaias Relacionadas 0.00% 0.00%
Provisiones por beneficios a Empleados 1,280,239.98 100.00% 2,023,906.00 100.00%
Otros Pasivos - 0.00% - 0.00%
TOTAL PASIVO NO CORRIENTE 1,280,239.98 100.00% 2,023,906.00 100.00%
TOTAL PASIVOS 24,703,193.98 150.66% 28,399,605.00 173.21%
PATRIMONIO 58.36% 58.58%
Capital Suscrito 22,594,686.10 65.25% 27,229,913.00 78.64%
Aporte para Futuras Capitalizaciones - 0.00% - 0.00%
Reserva Legal 1,744,525.93 5.04% 2,762,336.00 7.98%
Reserva Facultativa - 0.00% - 0.00%
Reasultados Adopcin Primera vez NIIF - 0.00% - 0.00%
Utilidades de Aos Anteriores 109,459.94 0.32% 4,147,457.00 11.98%
utilidad/Perdida neta 10,178,096.09 29.39% 6,025,364.00 17.40%
TOTAL PATRIMONIO 34,626,768.06 100.00% 40,165,070.00 100.00%
TOTAL PASIVO MAS PATRIMONIO 59,329,961.53 100.00% 68,564,675.00 100.00%
CIERA

2013 2014

63.44% 64.23%
15,892,725.00 41.77% 13,624,829.00 35.81%
756,485.00 1.99% 290,379.00 0.76%
-616,840.00 -1.62% -378,640.00 -1.00%
4,641,050.00 12.20% 3,974,470.00 10.45%
6,379,577.00 16.77% 6,693,968.00 17.59%
574,548.00 1.51% 349,516.00 0.92%
18,380,022.00 48.31% 29,620,930.00 77.85%
969,198.00 2.55% 1,638,138.00 4.31%
0.00% 11,680.00 0.03%
46,976,765.00 100.00% ### 100.00%
36.56% 35.77%
15,994,007.00 75.15% 20,035,934.00 94.15%
10,796,120.00 50.73% 10,543,196.00 49.54%
284,941.00 1.34% 516,891.00 2.43%
27,075,068.00 100.00% ### 100.00%
74,051,833.00 ###
0.00% 0.00%
38.15% 43.51%
0.00% 3,067,375.00 18.71%
3,146,506.00 13.43% 4,699,855.00 20.07%
- 0.00% - 0.00%
14,455,991.00 61.72% 19,720,748.00 84.19%
- 0.00% - 0.00%
3,784,347.00 16.16% 3,584,640.00 15.30%
- 0.00% - 0.00%
5,027,454.00 21.46% 6,369,610.00 27.19%
 1,834,030.00 7.83% 379,783.00 1.62%
28,248,328.00 100.00% ### 100.00%
3.57% 4.71%
0.00% 0.00%
2,643,122.00 100.00% 4,096,058.00 100.00%
- 0.00% - 0.00%
2,643,122.00 100.00% 4,096,058.00 100.00%
30,891,450.00 188.41% ### 255.66%
58.28% 51.77%
29,050,254.00 83.90% 29,952,459.00 86.50%
- 0.00% 0.00%
3,795,202.00 10.96% 4,817,967.00 13.91%
- 0.00% - 0.00%
- 0.00% - 0.00%
4,014,426.00 11.59% 3,275,855.00 9.46%
6,300,501.00 18.20% 6,956,959.00 20.09%
43,160,383.00 100.00% ### 100.00%
74,051,833.00 100.00% ### 100.00%
 ANALISIS VERTICAL
KINDRED ASOCIADOS OVERSEA
ESTADO DE RESULTADOS
S.A
(2011-2015)
CUENTAS 2013 % 2014 %

INGRESOS:
Ventas netas 9,102,959.62 100% 10,461,248.11 100%

Costo de ventas 6,060,359.95 66.58% 7,132,951.68 68.18%

0.00% 0.00%
UTILIDAD BRUTA EN VENTAS 3,042,599.67 33.42% 3,328,296.43 31.82%
0.00% 0.00%

GASTOS: 0.00% 0.00%

Gastos de venta 2,884,132.46 31.68% 3,160,547.44 30.21%

Gastos de administracion -
0.00%
-
0.00%
0.00% 0.00%
UTILIDAD OPERACIONAL 158,467.21 1.74% 167,748.99 1.60%

Ingresos no operacionales 23,509.00 0.26% 8,862.37 0.08%

Gastos financieros 5,182.21 0.06% 6,717.47 0.06%

otros gastos - 0.00% 17,001.37 0.16%

UTILIDAD ANTES DE IMP. 176,794.00 1.94% 152,892.52 1.46%
0.00% 0.00%
15% Paticipacin Empleados 26,519.10 0.29% 22,933.88 0.22%

Impuesto a la Renta 34,924.33 0.38% 32,840.24 0.31%

UTILIDAD/ PERDIDA NETA 115,350.57 1.27% 97,118.40 0.93%
ERTICAL
SULTADOS
15)
2015 %

9,264,800.00 100%
5,463,709.00 58.97%
0.00%
3,801,091.00 41.03%
0.00%
0.00%
4,010,971.00 43.29%
- 0.00%
0.00%
- 209,880.00 -2.27%
193,518.00 2.09%
2,474.00 0.03%
- 0.00%
- 18,836.00 -0.20%
0.00%
- 0.00%
73,759.00 0.80%
- 92,595.00 -1.00%
 ANALISIS VERTICAL
KINDRED ASOCIADOS OVERSEA S.A ESTADO DE SITUACIN FINAN
(2011-2015)
2013
CUENTAS
TOTAL %SG %G

ACTIVOS
ACTIVO CORRIENTE: 89%
Efectivo y Equivalente de Efectivo 245,664.56 7% 7%
Clientes 219,278.49 6% 6%
(-) Provision ctas. Incobrables (2,685.26) 0% 0%
Compaias relacionadas 6,000.00 0% 0%
Tarjetas de credito 147,017.87 4% 4%
otras cuentas por cobrar 5,154.13 0% 0%
Inventarios 2,570,276.48 69% 69%
Otros activos corrientes/ant proveedores 219,645.18 6% 6%
Activos por Impuestos corrientes 333,205.27 9% 9%
Total Activo Corriente: 3,743,556.72 100% 100%
ACTIVOS NO CORRIENTES 11%
Propiedades y equipos, neto 29,946.76 6% 6%
Otros activos no corr en tes 434,060.93 93% 93%
Impuestos diferidos 3,366.32 1% 1%
Total Activo no Corriente: 467,374.01 100% 100%

TOTAL ACTIVOS 4,210,930.73 100%

PASIVO
PASIVO CORRIENTE: 98%
Prstamos y sobregiros bancarios 62,847.35 2% 2%
Proveedores Nacionales 650,544.08 17% 17%
Proveedores del exterior 0.00 0% 0%
Compaas Relacionadas 2,770,146.71 73% 73%
Participacin empleados 26,519.10 1% 1%
Impuestos la renta 34,924.33 1% 1%
Obligaciones con el fisco / less 135,717.74 4% 4%
Sueldos y beneficios sociales 109,997.79 3% 3%
Otras cuentas por pagar 0.00 0% 0%
TOTAL PASIVO CORRIENTE 3,790,697.10 100% 100%
PASIVO NO CORRIENTE 2%
Compaas relacionadas 33,818.36 57% 57%
Provisiones por beneficios a empleados 25,311.85 43% 43%
Otros pasivos 0.00 0% 0%
TOTAL PASIVOS NO CORRIENTES 59,130.21 100% 100%

TOTAL PASIVOS 3,849,827.31 100%

PATRIMONIO : 9%
Capital Suscrito 10,000.00 3%
Aporte para futura capitalizacin 31,000.00 9%
Raserva legal 5,156.15 1%
Reserva facultativa 2,578.08 1%
Resultados adopcin primera vez NIIF (7,761.88) -2%
Utilidades de aos anteriores 204,780.50 57%
Utilidad /Perdida Neta 115,350.57 32%

TOTAL PATRIMONIO 361,103.42 100%

TOTAL PASIVO MAS PATRIMONIO 4,210,930.73 100%
 ANALISIS VERTICAL
ESTADO DE SITUACIN FINANCIERA
(2011-2015)
2014 2015
TOTAL %G TOTAL %G

8% 99%
499,812.89 11% 208,472.00 5%
310,458.49 7% 199,829.00 5%
(4,427.41) 0% (4,867.00) 0%
27,616.25 1% 185,061.00 5%
184,460.75 4% 231,832.00 6%
35,813.72 1% 20,388.00 1%
2,703,214.30 62% 2,548,937.00 63%
248,824.20 6% 162,153.00 4%
366,995.59 8% 490,198.00 12%
4,372,768.78 100% 4,042,003.00 100%
5% 1%
27,140.02 11% 34,886.00 68%
221,469.63 88% 10,000.00 19%
3,366.32 1% 6,745.00 13%
251,975.97 100% 51,631.00 100%
0.00
4,624,744.75 100% 4,093,634.00 100%

99% 99%
0.00 0% 0%
1,258,426.72 30% 2,132,618.00 57%
0.00 0% 0%
2,504,550.88 60% 1,295,449.00 35%
22,933.88 1% 0%
32,840.24 1% 34,609.00 1%
172,832.03 4% 91,620.00 2%
143,345.61 3% 0%
32,993.67 1% 164,360.00 4%
4,167,923.03 100% 3,718,656.00 100%
1% 1%
2,346.75 4% 0%
30,669.35 52% 40,093.00 68%
26,020.17 44% 0%
59,036.27 100% 40,093.00 100%

4,226,959.30 100% 3,758,749.00 100%

9% 8%
10,000.00 3% 10,000.00 3%
31,000.00 8% 31,000.00 9%
 5,156.15 1% 5,156.15 2%
2,578.08 1% 2,578.08 1%
(7,761.88) -2% (7,761.88) -2%
259,694.70 65% 386,507.65 115%
97,118.40 24% (92,595.00) -28%

397,785.45 100% 334,885.00 100%

4,624,744.75 100% 4,093,634.00 100%
ANALISIS VERTICAL

ESTADO DE RESULTADOS
AL 31 DE DICIEMBRE 2015
CUENTAS 2011 2012
INGRESOS
Ventas Netas 100.00% 100.00%
Costo de Ventas 53.38% 55.25%
UTILIDAD BURTA EN VENTAS 46.62% 44.75%

GASTOS
Gastos de Ventas 27.16% 5.01%
Gastos de Administracin 5.00% 30.12%

UTILIDAD OPERACIONAL 14.46% 9.62%

Ingrsos no Operacioponales 1.33% 0.05%
Gastos Financieros 0.53% 0.76%
otros gastos

UTILIDAD ANTES DE IMPUESTOS 15.26% 8.92%

15% Particiapacin Trabajadores 2.29% 1.84%
Impuesto a la Renta 3.14% 2.38%
UTILIDAD /PERDIDA NETA 9.82% 4.70%
STADO DE RESULTADOS
L 31 DE DICIEMBRE 2015
2013 2014 2013 2014 2015
100.00% 100.00% 100%
100.00% 100% 66.58% 68.18% 59%
56.61% 56.07% 0.00% 0.00% 0%
43.39% 43.93% 33.42% 31.82% 41%

0.00% 0.00% 0%
6.72% 6.65% 31.68% 30.21% 43%
28.69% 30.94% 0.00% 0.00% 0%

7.98% 6.34% 1.74% 1.60% -2%

0.17% 0.77% 0.26% 0.08% 2%
0.52% 0.36% 0.06% 0.06% 0%
0.00% 0.16% 0%

7.64% 6.75% 1.94% 1.46% 0%

1.52% 1.32% 0.29% 0.22% 0%
1.98% 1.63% 0.38% 0.31% 1%
4.13% 3.80% 1.27% 0.93% -1%