Annual Report 2017
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Bases De Promoción }
{ BASES DE PROMOCIÓN } Bases de Promoción “Recarga Salcobrand Junio” En Santiago de Chile, a 21 de abril de 2015, comparece ENTEL COMERCIAL S.A., en adelante “Entel”, RUT N° 76.479.460-5, representada por don José Luis Poch Piretta, cédula de identidad N° 7.010.335-4, ambos domi- ciliados en Avenida Costanera Sur Río Mapocho N° 2760, Torre C, piso N° 20, comuna de Las Condes, ciudad de Santiago, quien establece las siguientes Bases de la Promoción denominada “Recarga Salcobrand Junio”. PRIMERO: Antecedentes y vigencia. Entel realizará entre el 01 y el 30 de Junio de 2016, ambas fechas inclusive, una promoción denominada “Recarga Salcobrand Mayo”, en adelante la “Promoción”. SEGUNDO: Mecánica de la Promoción. Podrán participar en esta Promoción las personas naturales residentes en Chile que: (1) Sean clientes de prepago de Entel, esto es, aquellos clientes que deben comprar recargas Entel para utilizar en su equipo móvil y que no tienen asociados cobros periódicos; o, (2) Sean clientes de Entel que han contratado un plan Cuenta Controlada de telefonía móvil y que una vez utiliza- do su saldo de cuenta controlada, deben comprar recargas Entel para utilizar en su equipo móvil. En adelante, se podrá denominar a quienes cumplan con lo expuesto en alguno de los dos números anteriores como “Clientes de Recarga”. Para participar de esta Promoción los Clientes de Recarga deberán adquirir, durante la vigencia de la Promoción, recargas Entel para utilizar en su equipo móvil, en los locales de Salcobrand adheridos a la Promoción a nivel nacional, los que se encuentran detallados en el Anexo N° 1 de las presentes bases. -
Cuentas Anuales E Informe De Gestión Correspondientes Al Ejercicio 2009
SOCIEDAD GENERAL DE AGUAS DE BARCELONA, S.A. CUENTAS ANUALES E INFORME DE GESTIÓN CORRESPONDIENTES AL EJERCICIO 2009 1 ÍNDICE Página Balances de Situación al 31 de diciembre de 2009 y 2008 ................................................................................ 3 Cuentas de Pérdidas y Ganancias correspondientes a los ejercicios anuales terminados el 31 de diciembre de 2009 y 2008 .................................................................................................. 4 Estados de Cambios en el Patrimonio Neto de los ejercicios anuales terminados el 31 de diciembre de 2009 y 2008 ................................................................................................. 5 Estados de Flujos de Efectivo correspondientes a los ejercicios anuales terminados el 31 de diciembre de 2009 y 2008 ..................................................................................................................... 6 1. Actividad de la Sociedad y Acuerdos de Principios entre accionistas de referencia ................................... 7 2. Bases de presentación de las cuentas anuales......................................................................................... 10 3. Dividendos y distribución de resultados..................................................................................................... 11 4. Normas de registro y valoración ................................................................................................................ 12 5. Inmovilizado intangible.............................................................................................................................. -
Antitrust & Competition Insight
Antitrust & Competition Insight In association with Hogan & Hartson LLP December 2007 In association with: Contents Foreword Page 2 United States M&A Antitrust: A Round-up of 2007 Page 3 Regional Round-Ups Page 11 European M&A Antitrust: A Round-up of 2007 Page 14 Plotting the paths of the Tele Atlas/TomTom and Navteq/Nokia mergers Page 22 Live Deals Timetable Page 24 Part of The Mergermarket Group www.mergermarket.com 80 Strand 895 Broadway #4 Suite 2001 London, WC2R 0RL New York Grand Millennium Plaza United Kingdom NY 10003, USA 181 Queen’s Road, Central Hong Kong t: +44 (0)20 7059 6100 t: +1 212 686-5606 t: +852 2158 9700 f: +44 (0)20 7059 6101 f: +1 212 686-2664 f: +852 2158 9701 [email protected] [email protected] [email protected] Foreword Welcome to this eighth edition of the Antitrust & Competition Insight – brought to you by mergermarket in association with leading international law firm Hogan & Hartson LLP. The report that brings you an update on the key deals and gives a comprehensive round up of European M&A issues affecting M&A activity in North America, Europe antitrust developments, this can be found on page 14. In and beyond. We hope that this quarterly newsletter will the final article on page 22,dealReporters’s regulatory provide corporate, advisory and investor readers with timely, correspondents Sandra Pointel and Ben Bschor look at the informed and objective intelligence. European Commission and vertical integration in the portable navigation industry, In addition, the Antitrust & Competition Insight leverages off mergermarket’s sister company dealReporter – We hope you find this latest edition of interest. -
Annual Report 2008-2009
ANNUAL REPORT 2008 2009 ANNUAL REPORT 2008 2009 Contents Message From the Dean I 5 Bold Strides Forward I 6 Renewing Organizational Landscapes I 16 Beyond Theory to Practice I 26 Sustaining Relationships I 32 Financial Report I 40 Exhibits I 59 MESSAGE FROM THE The 2008-2009 academic year unfolded amid growing challenges DEAN in the global economic landscape. The climate of uncertainty that pervaded much of the world — coupled with the slow pace of recovery — nonetheless revealed new opportunities for IESE. With an entrepreneurial mindset, IESE aligned its portfolio of executive programs to current economic realities. Our program offerings responded to the wide-ranging questions of alumni and friends about how best to meet current challenges and prepare for the future. New and ongoing programs offered new perspectives, practical strategies, and encouraging support. The overall upswing in participation we saw this year refl ected, we believe, a global awareness of the need for new paradigms. Our response was to encourage business leaders to step back, take a fresh look, innovate and move forward with strength of purpose and optimism. At IESE, we have never been more acutely aware of the role companies play in fueling economic and social progress. We see it as our global social responsibility to develop business leaders with integrity and service orientation: leaders who hold themselves accountable, who value their people, and who recognize that personal and organizational development feed societal growth. As we continue to seize new opportunities for a better future, we are gratifi ed by the dedication of our superlative faculty, administrators, and staff. -
Fitch Ratings Fundamentos De La Clasificación Mayo 2021
Finanzas Corporativas Tecnología Chile Clasificaciones SONDA S.A. Última Perspec- Acción de Tipo Clasif. tiva Clasif. Solvencia AA-(cl) Estable Ratificacion 19 de mayo 2021 Línea de AA-(cl) Estable Ratificacion Fitch Ratings afirmó las clasificaciones de largo plazo en escala nacional de SONDA S.A. (SONDA) Bonos 19 de mayo en ‘AA-(cl)’. La Perspectiva es Estable. Al mismo tiempo, la agencia ratificó la clasificación de las 2021 acciones en ‘Primera Clase Nivel 2(cl)’. Acciones Primera Estable Ratificacion Clase 19 de mayo La ratificación de las clasificaciones de SONDA se sustenta en su posición de liderazgo y trayectoria Nivel 2(cl) 2021 en la industria latinoamericana de servicios de tecnología de la información (TI), además de la Pulse aquí para ver la lista completa de diversificación de sus ingresos en términos de servicios y mercados, el reconocimiento fuerte de clasificaciones marca, la cartera de clientes amplia y diversificada, el nivel alto de ingresos vinculados a contratos de largo plazo (aproximadamente 60%) y su potencial de crecimiento. Fitch espera una reducción en el endeudamiento a partir de 2021 y proyecta una disminución de las métricas de endeudamiento bruto y neto a niveles por debajo de 2,0 veces (x) y 1,5x, respectivamente, en el mediano plazo, lo que es consistente con la política de financiamiento de SONDA y su perfil crediticio conservador histórico. Factores Clave de Clasificación Reducción de Ingresos en 2020: El impacto de la pandemia por el coronavirus sobre la dinámica comercial derivó en reducciones y postergaciones relevantes en los cierres de negocios en la primera mitad de 2020, que llevaron a una caída de 20% en los ingresos en el segundo trimestre respecto al mismo trimestre de 2019, especialmente en los mercados brasileño y mexicano. -
Investor Presentation FEBRUARY 2017
1 Investor Presentation FEBRUARY 2017 CONTACTS SARAH INMON (HEAD OF INVESTOR RELATIONS) | EDUARDO PEREZ MARCHANT (CORPORATE FINANCE MANAGER) TEL: (562) 22990510- 1| EMAIL: - [email protected] 2 disclaimer This document has been prepared by Parque Arauco for the purpose of providing general infor- mation about the Company. The Company assumes no responsibility for, or makes any represen- tation or warranty, express or implied, with respect to, the accuracy, adequacy or completeness of the information contained herein. The Company expressly disclaims any liability based on such information, errors therein or omissions therefrom. This presentation includes certain statements, estimates and forecasts provided by the Company with respect to it’s anticipated future performance and involves significant elements or subjec- tive judgment and analysis that may or may not prove to be accurate or correct. There can be no assurance that these statements, estimates and forecasts will be attained and actual outcomes and results may differ materially from what is estimated or forecast herein. The information contained herein has been prepared to assist interested parties in making their own evaluation of the company and does not purport to be all - inclusive or to contain all the infor- mation that a potential counterparty may desire. In all cases, interested parties should conduct their own independent investigation and analysis of the Company. Interested parties can only rely on the result of their own investigation and the representations and warranties made in any definitive agreement that may be executed. - 2 - 3 INTRODUCTION OUR OPERATIONS INVESTMENT HIGHLIGHTS FUTURE DEVELOPMENTS - 3 - INTRODUCTION Parque Arauco at a glance parque arauco OPERATIONAL METRICS BY COUNTRY Parque Arauco is the third largest shopping center operator in Chile , the Peru second largest Peru, and the fourth largest in Colombia. -
Annual Report 2020
1 Cencosud Annual Report - 2020 Letter from the President Dear shareholders, It is an honor for me to be the interim replacement of my father, Horst Paulmann Kemna, creator and soul of Cencosud. Just like he taught us, we will keep his focus on Cencosud culture and the careful attention and care for details and the customer. Service, service, service. From a little restaurant to a transnational corporation, with more than 115,000 committed employees, following a path sometimes winding and no stranger to difficulties, but has been able to successfully face it with its passion, vision, and unique leadership. In that context, I present to you Cencosud's Integrated Annual Report and the Company's financial statements corresponding to the tax year 2020, as well as the challenges we had to face during this period. The year 2020 has been extremely complicated because from the very beginning we had to deal with the COVID- 19 pandemic, which is affecting virtually every person in the world and has resulted in significant changes in our daily lives. Some others, like remote working or e-commerce, already were on the horizon. However, the pandemic has accelerated their incorporation into society and these changes are here to stay. In this period, our focus was to look after the health and safety of our employees. I especially want to thank your efforts, dedication, and commitment. Without them we couldn't have kept the continuous operations of our business units and deliver essential goods to the communities we are in. While Chilean national economy shrank by 5.8% in 2020 -the biggest decrease since the crisis of 1982-, Chile had a better performance compared to her neighbor nations and, according to estimates, would be the first Latin American economy to recover. -
Competition Law and Policy in Chile
Chile – Accession Report on Competition Law and Policy 2010 This report on Competition Law, Policy and Enforcement was prepared in the OECD Competition Committee as part of the process of Chile’s accession to OECD membership. The Committee was requested to examine the core competition features and to provide OECD Council with a formal opinion on the willingness and ability of Chile to assume the obligations of OECD membership. In doing so, the Competition Committee assessed the degree of coherence of Chile‘s competition law and policy with that of OECD Member countries. This report, prepared as part of OECD accession review, highlights some of the key challenges facing Chile in the field of competition policy. After completion of its internal procedures, Chile became an OECD member on 7 May 2010. Chile – Peer Review of Competition Law and Policy (2004) COMPETITION LAW AND POLICY IN CHILE -- 2010 -- ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT The OECD is a unique forum where governments work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies. The OECD member countries are: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. -
Sr./Sra Nombre Apellido Empresa E.Mail Sra. Mónica Aguirre Hotel San Martin - Viña Del Mar [email protected] Sr
Sr./Sra Nombre Apellido Empresa E.Mail Sra. Mónica Aguirre Hotel San Martin - Viña del Mar [email protected] Sr. Gustavo Alcázar Moly-Cop Chile S.A. [email protected] Sr. Luis F. Antúnez B. Quiñenco S.A. [email protected] Sr. Luis Aranda Teradata Chile [email protected] Sr. Mauricio Aravena IBM de Chile S.A.C. [email protected] Sr. Fortunato Arriagada GTD Teleductos [email protected] Sr. Juan Francisco Astete Cariola Diez Pérez-Cotapos & Cía. Ltda. [email protected] Sr. Alejandro Barra Travel Security S.A. [email protected] Sr. Manuel Barrientos Komatsu Cummins Chile [email protected] Sr. Sixto Basulto Lexmark International de Chile Ltda. [email protected] Sr. Dirk Beier Brenntag Chile Comercial e Industrial Ltda. [email protected] Sr. José Ignacio Bengoa Ultramar Agencia Marítima [email protected] Sr. Hugo Berlingeri Johnson & Johnson de Chile S.A. [email protected] Sr. Jorge Berríos Hiller Inversiones Ltda. [email protected] Sr. Luis Besa Cocha [email protected] Sra. Catalina Bobenrieth Universidad Adolfo Ibáñez [email protected] Sr. Mario Bravo Mina Asociación Chilena de Seguridad (ACHS) [email protected] Sr. Mauricio Bruna A. OxyChile [email protected] Sr. Pablo Burchard Mutual de Seguridad de la Cámara Chilena de la Construcción [email protected] Sr. Héctor Cabezas McCann-Erickson S.A. de Publicidad [email protected] Sr. Luis Cabezas Montes S.A. [email protected] Sr. Mauel Cáceres Laboratorio Arensburg S.A.I.C. [email protected] Sr. Marcelo Cahn C. Herbalife Chile Ltda. [email protected] Sra. Verónica Campos ACE Seguros S.A. -
Presentación De Powerpoint
III Versión Estudio Marcas Ciudadanas Agosto 2018 Antecedentes y metodología Marcas Ciudadanas Son aquellas que tienen un impacto relevante en la sociedad y en la calidad de vida de las personas. Son marcas que tienen un propósito y que han puesto en el corazón de su negocio la relación con la comunidad, buscando de forma coherente y permanente hacer un aporte significativo. Estudiamos 200 marcas en Chile Diseño del estudio • Metodología: Encuestas online a panelistas de Cadem Online, consumidores, mayores de 18 años, residentes de Santiago de todos los NSE. • Muestra: 2.400 casos totales. Se realizaron ocho encuestas donde 300 personas evaluaban 24 marcas cada uno. • Fecha: Mayo de 2018 Dimensiones evaluadas Conocimiento ¿Has escuchado algo de la marca ya sea a través de publicidad, noticias o boca a Visibilidad boca (conversaciones con conocidos en vivo o en internet, redes sociales)? Experiencia ¿Has tenido una experiencia directa ya sea a través de su uso o de una compra? Tipo de relación con la marca Evaluación de la experiencia con la marca ¿Esto que escuchaste o esa experiencia tenía que ver con….buen servicio, producto, innovación, aporte, negativo? Relevancia Percepción de relevancia Usando notas de 1 a 7, donde 1 es nada relevante para mi y 7 es muy relevante para mí ¿Qué nota le pone usted a…? Percepción de Aporte a la comunidad aporte Y para terminar, marque aquellas marcas que tu sabes han hecho un aporte concreto para la comunidad Una marca ciudadana es más visible, relevante y con más aporte Ciudadana No Ciudadana 77 68 -
Matte 17.6% Consorcio 5.3% Hurtado Vicuña 5.8% Ferná
32.07% 9.60% 10.64% 11.84% 8.21% 5.48% 22.16% Hurtado Fernández Matte Consorcio Izquierdo Gianoli Minoritarios Vicuña León ALMENDRAL 50% 99.9999% 99.99999% Compañía Hispanoam. de Almendral Inmobiliaria Servicios Telecomunicaciones El Almendral 51% 99.99% 0.01% Brisagua Inversiones Altel Participación en Entel de: 54.76% Matte 17.6% Consorcio 5.3% Hurtado Vicuña 5.8% Entel Fernández León 6.5% Izquierdo 4.5% Gianoli 3.0% Estructura de propiedad Familia Angelini Propiedad de la familia Angelini* de: AntarChile 61.83% 61.04% Copec 37.60% Yolab Inv. Inv. Angelini Jean Pierre Corp Colbún 5.92% 1.57% 20.79% *: asume que el 100% de Yolab y Jean 62.01% Pierre, pertencen a los Angelini 4.58%AntarChile 5.53% 9.58% 60.82% Colbún Copec 17.4% Iquique-Guanaye 81.9% 18.4% Eperva 99.9% Astilleros Arica 30.0% Sigma 20.0% SerCor 20.0% 0.0% Celco 100.0% Propiedad de Julio Ponce de SQM: 20.83% Julio Ponce Accionistas Minoritarios Potash Corp. 100% SQ 36% 100% 100% 100% SQYA 90.11% Norte Grande RAC El Boldo 86.81% Oro Blanco 8.32% 23.68% 83.20% Pampa Calichera 26.76% 100% Glogal Mining SQM 5.24% Fuente: CorpResearch Propiedad del grupo Luksic de: SM Chile 32.4% 83% 17% Chile 34.2% Grupo Luksic Otros CCU 27.5% Madeco 35.4% Telsur 61.8% Quiñenco 67.0% 42.6% 100% 50% LQIF Madeco VTR Inv. y rentas 74.4% 66.2% 58.2% SM Chile Telsur CCU 50.4% 32.1% Banco de Chile Familia Claro Valdés Propiedad de la familia Claro de: Vapores 17.6% Elecmetal 36.7% 85% Cristales 15.8% Quemchi Santa Rita 8.7% 77.39% Navarino 54.98% Marinsa 7.7% 1.9% 3.8% 29.4% 45.59% Vapores Hendaya 0.68% 1.94% Elecmetal 100% 34.03% 8.87% Cristales 55.10% Santa Rita Números en rojos son estimativos Sociedad de inversiones Campos Chile S.A. -
Título Towards Digital Leadership in Chile
TOWARDS DIGITAL TÍTULO LEADERSHIP IN CHILE Subtítulo July 2017 Diciembre 2015 Barcelona • Bogota • Buenos Aires • Havana • Lima • Lisbon • Madrid • Mexico City • Miami • New York City • Panama City • Quito • Rio de Janeiro • Sao Paulo Santiago • Santo Domingo • Washington, DC Index Introduction 3 Top 20 Digital Brands 5 Top 20 Brands by Relevance 6 Top 20 Brands by Influence 7 Top 20 Brands for Beliefs 8 Best Practices by Sector 9 Team os Specialists 15 Introduction The arrival of the digital age has completely transformed For this study, we selected 20 brands of the stock communication between people, as well as cultural market index of the Santiago Stock Exchange, which aspects which have had an impact on the way of doing are significant for their production of digital content business and the relationship between businesses and and participation in social media, with a presence in the clients. It is a paradigm shift that has made use of mobile banking, services, retail and wine sectors, among others. technology, which is indispensable for communication, obtaining information and buying and expanding contact It should be noted that the brands selected are not directly networks. In the case of Chile, the Seventh National named in the index, understanding that there are groups Survey on Internet Use and Access (2016), developed by of companies which did not have any digital identity, so Subtel, concluded that there are 12.7 million Internet users those with the greatest digital activity were selected in Chile, with the largest regional development in this depending on the company. area. That is, of every 100 Chilean inhabitants, 76 use the internet and 79.2 percent do so through mobile devices.