AVAL Q1 2018 Earnings Report — Grupo Aval Acciones y Valores S.A. Revenue & Financial Results | Market Cap Arena

Grupo Aval Acciones y Valores S.A.AVAL

Q1 2018 Earnings

Reported March 31, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2018	Q4 2017	Q1 2017	QoQ Change	YoY Change
Revenue	$1.8B	—	—	—	—
Op. Income	$396M	—	—	—	—
Gross Margin	55.8%	—	—	—	—
Net Margin	9.5%	—	—	—	—
EPS (Diluted)	$0.15	—	—	—	—
Free Cash Flow	$527M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$775M
GROSS PROFIT	$978M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$563M
SG&A Expenses	$563M
Other Expenses	$19M
Operating Expenses	$582M
Cost & Expenses	$1.4B
OPERATING INCOME	$396M
Interest Income	$1.3B
Interest Expense	$519M
Other Income/Expenses	$0
INCOME BEFORE TAX	$396M
Income Tax Expense	$131M
Net Income from Continuing Ops	$265M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$167M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$167M
D&A	$37M
EBIT	$396M
EBITDA	$433M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$775M
GROSS PROFIT	$978M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$563M
SG&A Expenses	$563M
Other Expenses	$19M
Operating Expenses	$582M
Cost & Expenses	$1.4B
OPERATING INCOME	$396M
Interest Income	$1.3B
Interest Expense	$519M
Other Income/Expenses	$0
INCOME BEFORE TAX	$396M
Income Tax Expense	$131M
Net Income from Continuing Ops	$265M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$167M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$167M
D&A	$37M
EBIT	$396M
EBITDA	$433M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$167M
Depreciation & Amortization	$63M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$564M
Change in Working Capital	-$233M
OPERATING CASH FLOW	$561M
Capital Expenditure	-$34M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$546M
NET CASH FROM INVESTING	-$580M
Net Debt Issuance	$33M
Common Stock Repurchased	$0
Common Dividends Paid	-$91M
Other Financing Activities	$229M
NET CASH FROM FINANCING	$171M
FREE CASH FLOW	$527M
Net Change in Cash	-$181M

Balance Sheet

Item	Amount
Cash & Equivalents	$6.0B
Short-Term Investments	$5.4B
Net Receivables	$1.4B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$12.9B
PP&E (Net)	$1.6B
Goodwill	$1.8B
Intangible Assets	$1.1B
Long-Term Investments	$8.5B
Tax Assets	-$954.2K
Other Non-Current Assets	$53.5B
TOTAL NON-CURRENT ASSETS	$66.6B
TOTAL ASSETS	$64.8B
Account Payables	$0
Short-Term Debt	$1.9B
Deferred Revenue	$0
Other Current Liabilities	-$2.1B
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$12.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$47.2B
TOTAL NON-CURRENT LIABILITIES	$59.7B
TOTAL LIABILITIES	$58.0B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$1.7B
Treasury Stock	$0
Accum. Other Comp. Income	$156M
Other Equity	$2.3B
TOTAL STOCKHOLDERS' EQUITY	$4.2B
Minority Interest	$2.6B
TOTAL EQUITY	$6.7B
TOTAL LIABILITIES & EQUITY	$64.8B
Total Debt	$14.4B
Net Debt	$8.4B