CIB Q4 2016 Earnings Report — Grupo Cibest S.A. Revenue & Financial Results | Market Cap Arena

Grupo Cibest S.A.CIB

Q4 2016 Earnings

Reported May 1, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$1.4B	$1.4B	—	3.4%	—
Op. Income	$239M	$286M	—	-16.6%	—
Gross Margin	53.5%	52.3%	—	1.2pp	—
Net Margin	21.9%	12.1%	—	9.8pp	—
EPS (Diluted)	$5.25	$2.80	—	87.3%	—
Free Cash Flow	$0	$0	$0	—	—

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$671M
GROSS PROFIT	$772M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$431M
SG&A Expenses	$431M
Other Expenses	$102M
Operating Expenses	$533M
Cost & Expenses	$1.2B
OPERATING INCOME	$239M
Interest Income	$1.1B
Interest Expense	$455M
Other Income/Expenses	$0
INCOME BEFORE TAX	$239M
Income Tax Expense	-$35M
Net Income from Continuing Ops	$274M
Net Income from Discontinued Ops	$43M
Other Adjustments	$0
NET INCOME	$316M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$316M
D&A	$33M
EBIT	$239M
EBITDA	$272M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$671M
GROSS PROFIT	$772M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$431M
SG&A Expenses	$431M
Other Expenses	$102M
Operating Expenses	$533M
Cost & Expenses	$1.2B
OPERATING INCOME	$239M
Interest Income	$1.1B
Interest Expense	$455M
Other Income/Expenses	$0
INCOME BEFORE TAX	$239M
Income Tax Expense	-$35M
Net Income from Continuing Ops	$274M
Net Income from Discontinued Ops	$43M
Other Adjustments	$0
NET INCOME	$316M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$316M
D&A	$33M
EBIT	$239M
EBITDA	$272M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$316M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$316M
Change in Working Capital	$0
OPERATING CASH FLOW	$0
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$0
FREE CASH FLOW	$0
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$5.0B
Short-Term Investments	$0
Net Receivables	$6.2B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$11.4B
PP&E (Net)	$880M
Goodwill	$1.7B
Intangible Assets	$157M
Long-Term Investments	$39.2B
Tax Assets	$62M
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$43.3B
TOTAL ASSETS	$54.8B
Account Payables	$360M
Short-Term Debt	$537M
Deferred Revenue	$0
Other Current Liabilities	$34.9B
TOTAL CURRENT LIABILITIES	$35.9B
Long-Term Debt	$10.5B
Deferred Revenue NC	$165M
Deferred Tax Liabilities	$370M
Other Non-Current Liabilities	$1.6B
TOTAL NON-CURRENT LIABILITIES	$12.6B
TOTAL LIABILITIES	$48.5B
Common Stock	$134M
Additional Paid-In Capital	$1.4B
Retained Earnings	$1.8B
Treasury Stock	$0
Accum. Other Comp. Income	$2.7B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.9B
Minority Interest	$337M
TOTAL EQUITY	$6.3B
TOTAL LIABILITIES & EQUITY	$54.8B
Total Debt	$11.0B
Net Debt	$6.1B