Comercializadora S.A.C.

Estado de Situacion Financiera

31 de 31 de 31 de 31 de
Diciembre Diciembre Diciembre Diciembre
Cuenta 2016 2015 2014 2013
Activo
Activo Corriente
Efectivo y Equivalentes de efectivo 478,800 625,000 580,000 464,000
Valores 908,000 750,000 690,000 552,000
Cuentas por Cobrar Comerciales (neto) 712,000 550,000 600,500 480,400
Otras Cuentas por Cobrar (neto) 1,050,000 744,500 495,200 396,160
Existencias (neto) 2,375,000 1,575,000 1,360,300 1,088,240
provisiones x incobrables -180,000
Total Activo Corriente 5,343,800 4,244,500 3,726,000 2,980,800

Activo No Corriente
Inmuebles, Maquinaria y Equipo (neto) 2,840,000 1,800,000 1,775,500 1,420,400
Depreciación acumulada -473,600
Total Activo No Corriente 2,366,400 1,800,000 1,775,500 1,420,400
TOTAL ACTIVO 7,710,200 6,044,500 5,501,500 4,401,200

Pasivo y Patrimonio
Pasivo Corriente
Impuesto a la renta 255,510
Obligaciones Financieras 1,973,000 1,350,000 1,080,000 595,608
Cuentas por Pagar Comerciales 825,000 650,300 725,000 580,000
Otras cuentas por pagar 680,500 497,000 527,100 421,680
Total Pasivo Corriente 3,734,010 2,497,300 2,332,100 1,597,288

Pasivo No Corriente
Obligaciones Financieras 1,880,000 1,352,500 1,081,230 864,984
Total Pasivo No Corriente 1,880,000 1,352,500 1,081,230 864,984
Total Pasivo 5,614,010 3,849,800 3,413,330 2,462,272

Patrimonio Neto
Capital 1,500,000 1,500,000 1,500,000 1,500,000
Resultados Acumulados 596,190 694,700 588,170 438,928
Total Patrimonio Neto 2,096,190 2,194,700 2,088,170 1,938,928

TOTAL PASIVO Y PATRIMONIO NETO 7,710,200 6,044,500 5,501,500 4,401,200

 ANALISIS HORIZONTAL
31 de
Diciembre 2016/2015 2015/2014 2014/2013
2012 Var. Abs. Var. Rel. Var. Abs. Var. Rel. Var. Abs. Var. Rel.

348,000 -S/. 146,200 -23% S/. 45,000 8% S/. 116,000 25%

414,000 S/. 158,000 21% S/. 60,000 9% S/. 138,000 25%
360,300 S/. 162,000 29% -S/. 50,500 -8% S/. 120,100 25%
297,120 S/. 305,500 41% S/. 249,300 50% S/. 99,040 25%
816,180 S/. 800,000 51% S/. 214,700 16% S/. 272,060 25%
-S/. 180,000
2,235,600 S/. 1,099,300 26% S/. 518,500 14% S/. 745,200 25%

1,065,300 S/. 1,040,000 58% S/. 24,500 1% S/. 355,100 25%

-S/. 473,600
1,065,300 S/. 566,400 31% S/. 24,500 1% S/. 355,100 25%
3,300,900 S/. 1,665,700 28% S/. 543,000 10% S/. 1,100,300 25%

S/. 255,510
71,706 S/. 623,000 46% S/. 270,000 25% S/. 484,392 81%
435,000 S/. 174,700 27% -S/. 74,700 -10% S/. 145,000 25%
316,260 S/. 183,500 37% -S/. 30,100 -6% S/. 105,420 25%
822,966 S/. 1,236,710 50% S/. 165,200 7% S/. 734,812 46%

648,738 S/. 527,500 39% S/. 271,270 25% S/. 216,246 25%
648,738 S/. 527,500 39% S/. 271,270 25% S/. 216,246 25%
1,471,704 S/. 1,764,210 46% S/. 436,470 13% S/. 951,058 39%

1,500,000 S/. - 0% S/. - 0% S/. - 0%

329,196 -S/. 98,510 -14% S/. 106,530 18% S/. 149,242 34%
1,829,196 -S/. 98,510 -4% S/. 106,530 5% S/. 149,242 8%
3,300,900
S/. 1,665,700 28% S/. 543,000 10% S/. 1,100,300 25%
 ANALISIS VERTICAL

2013/2012 2016 2015 2014 2013 2012

Var. Abs. Var. Rel. % % % % %

S/. 116,000 33% 6% 10% 11% 11% 11%

S/. 138,000 33% 12% 12% 13% 13% 13%
S/. 120,100 33% 9% 9% 11% 11% 11%
S/. 99,040 33% 14% 12% 9% 9% 9%
S/. 272,060 33% 31% 26% 25% 25% 25%
-2% 0% 0% 0% 0%
S/. 745,200 33% 69% 70% 68% 68% 68%

S/. 355,100 33% 37% 30% 32% 32% 32%

-6% 0% 0% 0% 0%
S/. 355,100 33% 31% 30% 32% 32% 32%
S/. 1,100,300 33% 100% 100% 100% 100% 100%

5% 0% 0% 0% 0%
S/. 523,902 731% 35% 35% 32% 24% 5%
S/. 145,000 33% 15% 17% 21% 24% 30%
S/. 105,420 33% 12% 13% 15% 17% 21%
S/. 774,322 94% 67% 65% 68% 65% 56%

S/. 216,246 33% 33% 35% 32% 35% 44%

S/. 216,246 33% 33% 35% 32% 35% 44%
S/. 990,568 67% 100% 100% 100% 100% 100%

S/. - 0% 72% 68% 72% 77% 82%

S/. 109,732 33% 28% 32% 28% 23% 18%
S/. 109,732 6% 100% 100% 100% 100% 100%

S/. 1,100,300 33%

Comercializadora S.A.C.
Estado de Resultados Integral - (en miles de Soles)

Cuenta 2016 2015 2014 2013

Ventas Netas (ingresos operacionales) 5,230,000 4,765,200 3,900,030 3,120,024

Costo de Ventas (Operacionales) 3,138,000 2,763,816 2,126,330 1,701,064
Utilidad Bruta 2,092,000 2,001,384 1,773,700 1,418,960
Gastos de Operación
Gastos de Ventas 885,000 751,250 690,900 552,720
Gastos de Administración 385,000 325,000 298,600 238,880
Utilidad Operativa 822,000 925,134 784,200 627,360
Ingresos Financieros 120,000 85,800 68,300 54,640
Gastos Financieros -90,300 -75,000 -68,700 -54,960
Otros Ingresos 1,200 3,000 2,400
Resultado antes de Participaciones y del
Impuesto a la Renta 851,700 937,134 783,800 627,040

Impuesto a la Renta 30% -255,510 -281,140 -235,140 -188,112

Utilidad (Perdida) Neta del Ejercicio 596,190 655,994 548,660 438,928

Utilidad (Pérdida) Diluida por Acción 3.9746 4.3733 3.6577 3.1365

 ANALISIS HORIZONTAL
2016/2015 2015/2014 2014/2013 2013/2012
2012 Var. Abs. Var. Rel. Var. Abs. Var. Rel. Var. Abs. Var. Rel. Var. Abs.

2,340,018 S/. 464,800 10% S/. 865,170 22% S/. 780,006 25% S/. 780,006
1,275,798 S/. 374,184 14% S/. 637,486 30% S/. 425,266 25% S/. 425,266
1,064,220 S/. 90,616 5% S/. 227,684 13% S/. 354,740 25% S/. 354,740

414,540 S/. 133,750 18% S/. 60,350 9% S/. 138,180 25% S/. 138,180
179,160 S/. 60,000 18% S/. 26,400 9% S/. 59,720 25% S/. 59,720
470,520 -S/. 103,134 -11% S/. 140,934 18% S/. 156,840 25% S/. 156,840
40,980 S/. 34,200 40% S/. 17,500 26% S/. 13,660 25% S/. 13,660
-41,220 -S/. 15,300 20% -S/. 6,300 9% -S/. 13,740 25% -S/. 13,740
1,800 -S/. 1,200 -100% -S/. 1,800 -60% S/. 600 25% S/. 600

470,280 -S/. 85,434 -9% S/. 153,334 20% S/. 156,760 25% S/. 156,760

-141,084 S/. 25,630 -9% -S/. 46,000 20% -S/. 47,028 25% -S/. 47,028
329,196 -S/. 59,804 -9% S/. 107,334 20% S/. 109,732 25% S/. 109,732

2.3524
 ANALISIS VERTICAL
2013/2012 2016 2015 2014 2013 2012
Var. Rel. % % % % %

33% 100% 100% 100% 100% 100%

33% 60% 58% 55% 55% 55%
33% 40% 42% 45% 45% 45%

33% 17% 16% 18% 18% 18%

33% 7% 7% 8% 8% 8%
33% 16% 19% 20% 20% 20%
33% 2% 2% 2% 2% 2%
33% -2% -2% -2% -2% -2%
33% 0% 0% 0% 0% 0%

33% 16% 20% 20% 20% 20%

33% -5% -6% -6% -6% -6%

33% 11% 14% 14% 14% 14%