CORPORACIÓN DE FERIAS Y EXPOSICIONES S.A. USUARIO OPERADOR DE ZONA FRANCA BENEFICIO E INTERES COLECTIVO
Condensed interim statements of cash flows
For three months period ended June 30, 2022 and 2021 (Figures expresssed in thousands of Colombian pesos)
Note | 1 January to June | 1 January to June 30, | ||||
30, 2022 | 2021 | |||||
Result for the period | $ | (4.470.520) | (17.390.649) | |||
Adjustments to reconciliation between the profit for the period and net cash (used in) | ||||||
operating activities: | ||||||
Depreciations | 11 and 21a) | 3.403.048 | 3.508.557 | |||
Amortization intangibles | 10 and 21a) | 1.931.221 | 1.504.074 | |||
Impairment accounts receivable | 4 and 21g) | 997.626 | 370.797 | |||
Recoveries of receivables | 4 and 21g) | (532.621) | (264.642) | |||
Impairment of investments in other financial assets | 10 | - | ||||
Loss on sale and withdrawals of property and equipment | 11 and 21c) | - | 286 | |||
Recovery of provision for accounts payable | 20b) | (885.401) | (52.038) | |||
Loss equity method | 21f) | (756.110) | 338.591 | |||
Gain on valuation of investments in other financial assets | 20c) | (53.313) | (30.561) | |||
Implied interest contractual liability | 17 | 14.948 | 2.885 | |||
Income tax | 21e) | 1.194.196 | (790.642) | |||
Effect of changes in foreign exchange difference on cash held for cash equivalents | (67.023) | (41.345) | ||||
776.061 | (12.844.687) | |||||
Changes in assets and liabilities: | ||||||
Accounts receivable | (6.755.993) | (1.120.117) | ||||
Inventories | (370.777) | 9.115 | ||||
Other non-financial assets | (703.905) | (896.957) | ||||
Net tax | (1.687.848) | (180.763) | ||||
Accounts payable | (5.027.345) | (510.021) | ||||
Employee benefits | 12.000 | 18.000 | ||||
Income received in advance | 8.561.690 | 2.215.472 | ||||
Provision | - | (106.995) | ||||
Interest paid financial obligations | 13 | (3.973.103) | (4.844.895) | |||
Payment of income tax | - | (214.533) | ||||
NET CASH USED IN OPERATING ACTIVITIES | (9.169.220) | (18.476.381) | ||||
CASH FLOWS FROM INVESTMENT ACTIVITIES | ||||||
Redemptions of investments in other financial assets | 8 | 15.212 | 13.128 | |||
Dividends received in cash from investments in other financial assets | - | 570.391 | ||||
Loans to subordinated companies | 4 | 2.808.332 | (1.155.224) | |||
Purchase of intangibles | 10 | (1.008.665) | (1.881.443) | |||
Purchase of property and equipment | 11 | (177.467) | (505.470) | |||
NET CASH USED IN INVESTING ACTIVITIES | 1.637.412 | (2.958.618) | ||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Disbursement of financial obligations | 13 | 6.342.519 | 3.823.145 | |||
Disbursement financial obligations | - | 4.500.000 | ||||
Capital payments of financial obligations | 13 | (1.548.684) | (1.257.093) | |||
NET CASH PROVIDE IN FINANCING ACTIVITIES | 4.793.835 | 7.066.052 | ||||
DECREASE NET, IN CASH AND CASH EQUIVALENTS | (2.737.973) | (14.368.947) | ||||
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIODO | 30.411.316 | 17.087.824 | ||||
Effect of changes in foreign exchange difference on cash held | 67.023 | 41.345 | ||||
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 3 | $ | 27.740.366 | 2.760.222 | ||
See the notes that form an integral part of the condensed interim financial statements. | ||||||
(Original in spanish signed) | (Original in spanish signed) | (Original in spanish signed) |
Andrés López Valderrama | Juan Carlos Sánchez | Diego Alejandro Corredor Ortiz |
Legal Representative | Chief Accountant | Statutory Auditor |
T.P. 102419 - T | Corporación de Ferias y Exposiciones S.A. | |
Usuario Operador de Zona Franca | ||
Beneficio e Interes Colectivo | ||
T. P. 199078 - T | ||
Member of KPMG S.A.S. | ||
(See my Report of August 12, 2022) |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Corporación de Ferias y Exposiciones SA published this content on 09 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2022 20:19:12 UTC.