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SANTA Â FE Â CASA Â DE Â VALORES Â S.A. BALANCE Â GENERAL AL Â 31 Â DE Â DICIEMBRE Â DEL Â 2011
ESTADO Â DE Â RESULTADOS A Â 31 Â DE Â DICIEMBRE Â DEL Â 2011
ACTIVO
INGRESOS
ACTIVO  CORRIENTE Efectivo  y  sus  equivalentes Activos  Financieros Deudores  por  intermediaciĂłn Cuentas  por  cobrar Â
 50,157  44,031  30,450  16,024
 140,662   Â
ACTIVOS  FIJOS  NETOS Edificios   Maquinaria  y  Equipo Muebles  y  Enseres Equipos  de  computaciĂłn  y  software VehĂculos
 90,590  4,150  13,933  12,827 10,539
 132,038  Â
INGRESOS Â OPERACIONALES
 252,037     Â
Comisiones  ganadas   netas Dividendos  ganados Ingresos  por  asesorĂa Intereses  ganados  Otros  ingresos  operacionales
 209,879  3,130  33,909  3,704  1,414
INGRESOS Â NO Â OPERACIONALES
 247     Â
Otros  ingresos  no  operacionales OTROS  ACTIVOS Pagos  anticipados Cuotas  Patrimoniales  Bolsas  de  Valores DepĂłsitos  en  garantĂa Impuesto  Diferido  NIIF
 247
 199,861    TOTAL  INGRESOS
 12,833  146,526  38,954  1,547 TOTAL  ACTIVO
PASIVO  CORRIENTE Acreedores  por  intermediación Cuentas  por  pagar Impuesto  Diferido  NIIF
G Â A Â S Â T Â O Â S
472,562 Â Â Â Â Â
P Â A Â S Â I Â V Â O
252,283 Â Â Â Â Â
GASTOS Â OPERACIONALES
 228,847     Â
 57,560   34,154  21,858  1,547 TOTAL  PASIVO
57,560 Â Â Â Â Â
P Â A Â T Â R Â I Â M Â O Â N Â I Â O
Gastos  de  personal Servicios  de  terceros Impuestos  y  contribuciones Provisiones,  depreciaciones,  amortizaciones Otros  gastos  operacionales
 115,786       68,911       7,160  24,126  12,865
415,002 Â Â Â Â Â TOTAL Â GASTOS
Capital  social Reservas Resultados  Acumulados  de  Ejercicios  Anteriores Resultados  Acumulados  por  aplicación  de  las  NIIF  por  primera  vez Resultado  del  ejercicio
 410,000 82,799 -Â89,462 -Â3,470  15,135
TOTAL Â PATRIMONIO
TOTAL Â PASIVO Â Y Â PATRIMONIO Â LCDA. Â DORA Â LASTRA Â G. Â PRESIDENTE Â EJECUTIVA Â
UTILIDAD Â / Â (PERDIDA) Â OPERACIONAL
415,002 Â Â Â Â Â 472,562 Â Â Â Â Â Â Â Â
Participación  de  empleados Impuesto  a  la  renta  por  pagar Reserva  legal  del  periodo UTILIDAD  NETA
 FERNANDO  PASACA  ESPINOSA   CONTADOR  GENERAL  REGISTRO  No.  17-Â01465
228,847 Â Â Â Â Â
 23,436     3,515       3,670       1,115      15,135  Â
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BUPA ECUADOR S.A. CIA. DE SEGUROS Y REASEGUROS BALANCE GENERAL AL 31 DE DICIEMBRE DE 2010 - 2011 (en dĂłlares)
CODIGO
ACTIVO
1.1. 1.2. 1.3. 1.4.
INVERSIONES DEUDORES POR PRIMAS DEUDORES POR REASEGUROS Y COASEGUROS OTROS ACTIVOS
VIDA 2010
VIDA 2011
1,492,337.64 251,233.17 92,798.31 212,021.36
1,834,380.55 327,077.14 1,474,232.84 200,536.12
CODIGO 2.1. 2.2. 2.3. 2.4. 2.5. 2.6.
PASIVO
VIDA 2010
VIDA 2011
116,715.40 856,922.80 -
169,069.20 2,129,310.42 -
155,297.36 -
251,784.77 -
1,128,935.56
2,550,164.39
CAPITAL RESERVAS RESULTADOS
658,000.00 58,179.54 203,275.38
658,000.00 298,115.65 329,946.61
TOTAL PATRIMONIO
919,454.92
1,286,062.26
2,048,390.48
3,836,226.65
VIDA 2010
VIDA 2011
PRIMA PAGADA COMISIONES RECIBIDAS RECUPERACIONES Y SALVAMENTOS DE SINIESTROS INTERESES DE INVERSIONES OTRAS RENTAS OTROS INGRESOS LIBERACION DE RESERVAS PERDIDA DEL EJERCICIO
5,933,306.77 1,904,538.04
8,675,009.77 2,850,664.35
469,474.31 36,284.64 290,046.08 1,062,042.01 -
1,998,465.95 37,536.08 195,667.42 1,756,463.25 -
TOTAL INGRESOS
9,695,691.85
15,513,806.82
RESERVAS TÉCNICAS REASEGUROS Y COASEGUROS CEDIDOS OTRAS PRIMAS POR PAGAR OBLIGACIONES CON INSTITUCIONES DEL SISTEMA FINANCIERO OTROS PASIVOS VALORES EN CIRCULACION TOTAL PASIVO PATRIMONIO
3.1. 3.2. 3.4.
TOTAL ACTIVO
2,048,390.48
3,836,226.65
TOTAL PASIVO Y PATRIMONIO
BUPA ECUADOR S.A. CIA. DE SEGUROS Y REASEGUROS ESTADO DE PÉRDIDAS Y GANANCIAS AL 31 DE DICIEMBRE DE 2010 - 2011 (en dólares)
CODIGO
EGRESOS
VIDA 2010
VIDA 2011
4.1. 4.2. 4.3. 4.4. 4.5. 4.6. 4.7. 4.8. 4.9.
GASTOS DE ADMINISTRACIĂ“N COMISIONES PAGADAS PRIMAS POR REASEGUROS NO PROPORCIONALES PRIMAS DE REASEGUROS CEDIDOS LIQUIDACIONES Y RESCATES SINIESTROS PAGADOS OTROS EGRESOS CONSTITUCION DE RESERVAS UTILIDAD DEL EJERCICIO
921,200.24 934,354.10 5,139,596.38 523,205.32 494,183.48 313,651.09 1,111,340.72 258,160.52
1,065,650.46 1,581,889.64 7,704,498.19 565,011.66 2,056,663.21 249,413.34 1,808,753.43 481,926.89
TOTAL EGRESOS
9,695,691.85
15,513,806.82
CODIGO 5.1. 5.2. 5.3. 5.4. 5.5. 5.6. 5.7. 5.8.
INGRESOS
BUPA ECUADOR S.A. CIA. DE SEGUROS Y REASEGUROS ESTADO DE RESULTADO TÉCNICO - FINANCIERO AL 31 DE DICIEMBRE DE 2010 - 2011
BUPA ECUADOR S.A. CIA. DE SEGUROS Y REASEGUROS INDICADORES FINANCIEROS AL 31 DE DICIEMBRE DE 2011
(en dĂłlares) CĂ“DIGO
5.1 5.1.01 5.1.02 5.1.03 4.5 4.4 4.8.02-5.7.01 4.8.03-5.7.02 4.8.04-5.7.03 4.8.05 5.7.04 4.8.08 5.7.07 4.3 4.6 5.3.01+5.3.02 5.3.03+5.3.04+5.3.05 4.8.06 5.7.05 4.8.07-5.7.06 5.2.-5.2.04 4.2.-4.2.04 4.1(-)4.1.01.13
5.4.01 5.4.02 5.4.03 5.4.04 5.5.02 5.6.02-4.7.02.03 5.6.01
5.2.04 5.4.05 5.5.01 5.5.03+5.6.04 4.2.04 4.7.01.02 4.7.01.03 4.7.01.01+4.7.02.01 4.7.03.01 4.8.01 4.8.09 5.7.08 4.7.03.02 4.7.03.03 5.6.03-4.7.02.02
5.6.05 4.7.02.04 4.1.01.13 4.7.04
DESCRIPCIĂ“N INGRESO DEVENGADO PRIMA NETA RETENIDA DEVENGADA PRIMA NETA RETENIDA PRIMA NETA EMITIDA Prima Emitida De Seguros Directos De Reaseguros Aceptados De Coaseguros Aceptados Liquidaciones y Rescates Prima Reaseguro Cedido AJUSTE DE RESERVA DE VIDA Para dividendos asegurados vida MatemĂĄtica de Vida De Seguros de vida con cuenta Ăşnica de inversiĂłn AJUSTE DE RESERVA RIESGOS EN CURSO ConstituciĂłn de Reservas Riesgos en Curso LiberaciĂłn de Reservas Riesgos en Curso AJUSTE OTRAS RESERVAS ConstituciĂłn Reserva DesviaciĂłn Siniestr.y Eventos CatastrĂłf. LiberaciĂłn Reserva DesviaciĂłn Siniestral.y Eventos CatastrĂłf. Primas Reaseguros No Proporcionales COSTO DE SINIESTROS Siniestros Pagados Recuperaciones de Reaseguros Cedidos Salvamentos Neto Reservas Siniestros ConstituciĂłn Reservas Siniestros LiberaciĂłn de Reservas Siniestros Ajuste Reserva para Siniestros Ocurridos y No Reportados RESULTADO DE INTERMEDIACION Comisiones Recibidas (-) Comisiones recibidas por otros conceptos Comisiones Pagadas (-) Comisiones pagadas por otros conceptos MARGEN DE CONTRIBUCION GASTOS DE ADMINISTRACION RESULTADO TECNICO RESULTADO DE INVERSIONES De renta fija En el sistema financiero En compaĂąĂas anĂłnimas En el extranjero Dividendos de acciones Por venta de activos fijos Por venta, sorteo o vencimientos Valores Mobiliarios OTROS INGRESOS Y EGRESOS Ingresos Comisiones recibidas por otros conceptos PrĂŠstamos sobre pĂłlizas Intereses sobre obligaciones Otros ingresos Egresos Comisiones pagadas por otros conceptos Bancarios (sobre prĂŠstamos recibidos) Sobre Obligaciones en Circulacion Otros Egresos Provisiones y castigos Para fluctuaciĂłn de valores Para cuentas dudosas ConstituciĂłn Otras Reservas LiberaciĂłn Otras Reservas AmortizaciĂłn gastos establecimiento DepreciaciĂłn activos fijos Diferencias de cambio RESULTADO DE EXPLOTACION RESULTADO FUERA DE EXPLOTACION Ingresos Por otros Conceptos Egresos Por otros Conceptos RESULTADO ANTES DE IMPUESTOS Y PARTICIPACION ParticipaciĂłn Trabajadores Impuestos del PerĂodo RESULTADO DE EJERCICIO
EDISON VALLEJO GERENTE DE OFICINA
(en dĂłlares) VIDA 2010
VIDA 2011
219,442.45 219,442.45 270,505.07 5,410,101.45 5,933,306.77 5,933,306.77 523,205.32 5,139,596.38 51,062.62 1,096,264.48 1,045,201.86 -
359,187.60 359,187.60 405,499.92 8,109,998.11 8,675,009.77 8,675,009.77 565,011.66 7,704,498.19 46,312.32 1,720,856.44 1,674,544.12 -
23,749.11 494,183.48 469,474.31 -960.06 14,073.82 15,034.04 0.16 970,183.94 1,904,538.04 934,354.10 1,165,877.28 875,642.50 290,234.78 145,523.47 20,182.37 15,354.94 747.33 109,238.83 -6,293.22 -
64,238.74 2,056,663.21 1,998,465.95 6,041.48 86,707.88 80,672.10 5.70 1,268,774.71 2,850,664.35 1,581,889.64 1,563,723.57 980,604.54 583,119.03 37,536.08 26,160.18 11,237.05 138.85 -
6,293.22 6,293.22 12,467.21
11,290.78
969.65 1,773.50
1,167.30 1,230.92
13,271.06
11,354.40
416,997.82 -95,377.51 180,807.25 276,184.76 321,620.31 45,557.74 17,902.05 258,160.52
609,364.33 -20,629.74 195,667.42 216,297.16 588,734.59 85,045.92 21,761.78 481,926.89
MARGEN DE SOLVENCIA POR PRIMAS PRIMAS NETAS RECIBIDAS AL 31 DE DICIEMBRE DE 2011 PATRIMONIO AL 31 DE DICIEMBRE DE 2011 (*6) EXCEDENTE/DEFICIENCIA
US$ US$ US$
8,109,998.11 7,716,373.56 -393,624.55
US$ US$ US$
638,967.51 1,286,062.26 647,094.75
US$ US$ US$
904,090.96 941,438.58 37,347.62
MARGEN DE SOLVENCIA POR ACTIVOS TOTAL ACTIVOS AL 31 DE DICIEMBRE DE 2011 (/6) PATRIMONIO AL 31 DE DICIEMBRE DE 2011 EXCEDENTE/DEFICIENCIA RESUMEN DE INVERSIONES INVERSION OBLIGATORIA INVERSION ADMITIDA EXCEDENTE/DEFICIENCIA INDICADORES LIQUIDEZ SEGURIDAD RENTABILIDAD PATRIMONIO RENTABILIDAD OPERACIONES TASA UTILIDAD TECNICA CESION REASEGURO
CompaĂąĂa
Sistema
1.47% 1.47% 35.78% 4.07% 162.34% 95.00%
1.31% 1.28% 15.36% 3.44% 25.85% 58.10%
DICTAMEN DE LOS AUDITORES INDEPENDIENTES A  los  Accionistas  y  Miembros  del  Directorio BUPA ECUADOR S.A. COMPAĂ‘Ă?A DE SEGUROS Y REASEGUROS Quito,  Ecuador 1.  Hemos  examinado  los  estados  financieros  adjuntos  de  BUPA ECUADOR S.A.COMPAĂ‘Ă?A DE SEGUROS Y REASEGUROS,  los  cuales  incluyen  el  balances  generales  al  31  de  diciembre  del  2011  y  2010,  los  estados  de  resultados,  de  cambios  en  el  patrimonio  y  flujos  de  efectivo  por  los  aĂąos  terminados  en  esas  fechas  y  un  resumen  de  las  polĂticas  contables  mĂĄs  significativas  y  otra  informaciĂłn  explicativa  (Expresados  en  USDĂłlares). Responsabilidad de la administraciĂłn: 2.  La  AdministraciĂłn  es  la  responsable  de  la  preparaciĂłn  y  presentaciĂłn  razonable  de  estos  estados  financieros,  aplicando  las  normas  contables  dispuestas  por  el  organismo  de  control,  contenidas  en  los  CatĂĄlogos  de  Cuentas  y  en  la  CodificaciĂłn  de  Resoluciones  de  la  Superintendencia  de  Bancos  y  Seguros  y  de  la  Junta  Bancaria;Íž  en  lo  no  previsto  por  dichos  catĂĄlogos,  ni  por  la  citada  codificaciĂłn,  se  aplican  las  Normas  Internacionales  de  InformaciĂłn  Financiera  “NIIF’sâ€?.  Responsabilidad de los auditores: 3.  Nuestra  responsabilidad  es  expresar  una  opiniĂłn  sobre  los  mencionados  estados  financieros,  basada  en  nuestra  auditorĂa.  Nues- tros  exĂĄmenes  se  efectuaron  de  acuerdo  con  Normas  Internacionales  de  AuditorĂa  y  Aseguramiento  NIIAs.  Estas  normas  requieren  el  cumplimiento  de  disposiciones  Êticas,  asĂ Â como  la  planeaciĂłn  y  ejecuciĂłn  de  una  auditorĂa  que  tenga  como  objetivo  obtener  una  segu- ridad  razonable,  pero  no  absoluta,  para  determinar  si  los  estados  financieros  se  encuentran  libres  de  errores  materiales.  Una  auditoria  implica  la  ejecuciĂłn  de  procedimientos  para  obtener  evidencia  suficiente  sobre  los  montos  y  revelaciones  en  los  estados  financieros.  Los  procedimientos  seleccionados  dependen  del  juicio  del  auditor,  incluyendo  la  valoraciĂłn  de  riesgos  por  equivocaciones  materiales  que  puedan  afectar  los  estados  financieros,  debido  a  error  o  fraude.  Al  realizar  la  valoraciĂłn  de  estos  riesgos,  el  auditor  considera  el  control  interno  relevante  para  la  preparaciĂłn  y  presentaciĂłn  razonable  de  los  estados  financieros,  lo  que  le  permite  diseĂąar  procedi- mientos  de  auditorĂa  que  sean  apropiados  a  las  circunstancias,  pero  no  con  el  propĂłsito  de  expresar  una  opiniĂłn  sobre  la  efectividad  del  control  interno  de  la  CompaĂąĂa.  Una  auditorĂa  tambiĂŠn  evalĂşa  las  polĂticas  contables  utilizadas  y  la  razonabilidad  de  los  estimados  contables  realizados  por  la  AdministraciĂłn,  asĂ Â como  la  evaluaciĂłn  de  la  presentaciĂłn  de  los  estados  financieros  tomados  en  conjunto. Nosotros  creemos  que  la  evidencia  de  auditorĂa  obtenida  es  suficiente  y  apropiada  para  sustentar  nuestra  opiniĂłn.  OpiniĂłn 4.  En  nuestra  opiniĂłn,  los  estados  financieros  referidos  en  el  primer  pĂĄrrafo  presentan  razonablemente,  en  todos  los  aspectos  importantes,  la  posiciĂłn  financiera  de  BUPA ECUADOR S.A. COMPAĂ‘Ă?A DE SEGUROS Y REASEGUROS,  al  31  de  diciembre  del  2011  y  2010,  su  desempeĂąo  financiero,  cambios  en  el  patrimonio  y  los  flujos  de  efectivo  por  los  aĂąos  terminados  en  esas  fechas,  de  conformidad  con  los  principios  de  contabilidad  descritos  en  la  Nota  B.
2  de  marzo  del  2012  Guayaquil,  Ecuador Â
Edgar  Naranjo  L. Licencia  profesional  No.  16.485  Superintendencia  de  Bancos   y  Seguros  AE  8114
Nota:   Este  dictamen  se  debe  leer  en  conjunto  con  los  Estados  Financieros  y  sus  notas  explicativas.
JORGE JACOME CONTADOR GENERAL Reg. CPA 27775
AB/987/cl
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AL Â 31 Â DE Â DICIEMBRE Â DEL Â Â 2011
DEL  1  DE  ENERO AL  31  DE  DICIEMBRE  DE  2011 (Expresado  en  dólares)
Activo
Inversiones
86.479 2.230.038
Cuentas  y  documentos  por  cobrar
103.751
Activo  Fijo
16.447 0 270.040
Otros Activos
2.706.755
Pasivo  y  patrimonio Obligaciones  Financieras Cuentas  por  pagar Patrimonio
Ingresos
0 580.270 2.126.486
Comisiones Intereses Utilidad  en  venta  de  tĂtulos  valores Otros  ingresos Â
2.226.029 Egresos Intereses Comisiones PĂŠrdida  en  venta  de TĂtulos Valores Gastos  de  personal Servicios  de  terceros Impuestos  y  contribuciones Amortizaciones  y  depreciaciones Otros  gastos
2.706.755 Utilildad  antes  de  participación  de  los  empleados  en  las  utilidades  e  impuestos Econ.  JosÊ  Samaniego GERENTE  GENERAL ADMINIST.  DE  FONDOS  Y  FIDEICOMISOS
Sra.Ma.  Eugenia  Molina Mat.No.25113 CONTADOR
2.073.214 106.115 1.315 45.385
0 67.811 0 649.607 195.980 29.924 64.043 28.715 1.036.081 1.189.947
15% PARTICIPACIĂ“N TRABAJADORES
-Â178.700
25% Â IMPUESTO Â A Â LA Â RENTA
-Â235.078
UTILIDAD Â NETA
Econ. Â JosĂŠ Â Samaniego GERENTE Â GENERAL ADMINIST. Â DE Â FONDOS Â Y Â FIDEICOMISOS PRODUFONDOS Â S.A.
776.169
Sra.Ma.  Eugenia  Molina CONTADOR Mat.  No.  25113
Fondos  Disponibles
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DEL Â 1 Â DE Â ENERO AL Â 31 Â DE Â DICIEMBRE Â DE Â 2011
(Expresado  en  dólares)
(Expresado  en  dólares) Ingresos
Fondos  Disponibles Inversiones Cuentas  y  documentos  por  cobrar Activo  Fijo Otros Activos
96.337 795.462 178.456
Ingresos  por  asesorĂa  financiera Otros  ingresos
218.530
Pasivo  y  patrimonio Cuentas  por  pagar
293.846
Patrimonio
994.940 1.288.785
Srta.  Katiuska  Estevez CONTADOR Mat.  No.  17094
412.289 26.443 9.003 163.279 70.118 0 681.132
0
1.288.785
Sr.  Fernando  Simó GERENTE  GENERAL CASA  DE  VALORES  PRODUVALORES  S.A.
Comisiones Intereses Dividendos  Ganados Utilidad  en  venta  de  tĂtulos  valores
Egresos Intereses Comisiones PĂŠrdida  en  venta  de  tĂtulos  valores Gastos  de  personal Servicios  de Terceros Impuestos  y  contribuciones Provisiones,  amortizaciones  y  depreciaciones Otros  gastos Â
Utilidad  antes  de  participación  de  los empleados  en  las  utilidades  e  impuestos 15% PARTICIPACIÓN TRABAJADORES
25% Â IMPUESTO Â A Â LA Â RENTA UTILIDAD Â NETA
Sr.  Fernando  Simó GERENTE  GENERAL CASA  DE  VALORES  PRODUVALORES  S.A.
0 173.259 0 205.606 48.895 11.459 0 3.095 442.314
238.818 -Â30.346 -Â38.982 169.490
Srta.Katiuska  Estevez CONTADOR Mat.  No.  17094
Activo
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La identificaciĂłn de la mercancĂa y mĂĄs detalles respecto de la misma, se solicitarĂĄ al Departamento JurĂdico del Distrito Aduanero Latacunga dentro del plazo seĂąalado. Latacunga, 14 29 de marzo marzo de del2012. 2012
Ing. Freddy PazmiĂąo Segovia DIRECTOR DISTRITAL LATACUNGA (e) 25592
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Estado de SituaciĂłn Financiera Al 31 de Diciembre del 2011
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Estado de PĂŠrdidas y Ganancias De enero 1 a Diciembre 31 del 2011
ACTIVOS Caja y Bancos Activos Financieros Cuentas y Doc. Por Cobrar Activos Corrientes Activos Fijos Total Activos
INGRESOS 24,625 367,179 210,021 33,077 14,865 649,767
Intereses Ganados Comisiones Ganadas Otros Ingresos no operacionales Total Ingresos
17,613 520,834 57,646 596,093
PASIVOS
METROVALORES Â CASA Â DE Â VALORES Â S.A.
Cuentas por Pagar Otros Pasivos Total Pasivos
77,586 17,277 94,863
PATRIMONIO
Â
ACTIVOS
Estado  de  PĂŠrdidas  y  Ganancia    De  Enero  1  a  31  de  Diciembre  de  2011 Â
Caja  y  Bancos   Activos  Financieros   Cuentas  y  Doc.  Por  Cobrar  Activos  Fijos   Otros  Activos   Total  Activos  Â
   21,290     84,240     51,008     15,086   244,055   415,679 Â
INGRESOS Â
Intereses  Ganados   Comisiones  Ganadas   Utilidad  en  venta  de  TĂtulos  valores Â
  16,779     80,133       2,418 Â
Total  Ingresos Â
   99,330 Â
 Â
Capital Suscrito Reservas Resultados Acumulados Resultados acunulados Aplicac. NIIF Utilidad (PĂŠrdida) del Ejercicio
Â
EGRESOS Â Â
Total Patrimonio
554,904
Total Pasivo y Patrimonio
649,767
  Â
   89,871     11,100   100,971 Â
 PATRIMONIO   Capital  Suscrito    360,000   Reservas      467,766  Resultados  Acumulados                      (380,992) Resultados  AplicaciĂłn  de  las  NIIFs        (96,145) Resultado  del  Ejercicio                        (35,921) Total  Patrimonio   Total  Pasivo  y  Patrimonio Â
 314,708   415,679 Â
Intereses    Comisiones  Pagadas   PĂŠrdida  en  Venta  de  TĂtulos  Valores  Gastos  de  personal   Servicios  de  terceros   Impuestos  y  Contribuciones  Gastos  Generales   Provisiones,  Depreciaciones  y  Amortizaciones   Otros  gastos  operacionales  Total  Egresos  Â
Â
       483        471      5,103    74,875    28,247      7,247    12,441 Â
INGRESOS Intereses Ganados
Total Activos
4,816
Cuentas por Pagar
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Total Pasivos
Patrimonio de Fondo Resultados Acumulados Resultados del Ejercicio Rendimientos PartĂcipes
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EGRESOS
Servicios de terceros (269,886) 657,112 (907) (386,139) 180 4,816
26
Impuestos y Contribuciones
2,230
Otros gastos no operacionales
5
Total Gastos
2,261
Resultado del Ejercicio
(907)
Fernando BaldeĂłn S. CONTADOR GENERAL Reg. 17184
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1,354
Dayana HernĂĄndez GERENTE GENERAL
708;6/ <8,;/ 58< /<=+.8< N7+7-3/;8<
Total Ingresos
4,636 PATRIMONIO
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1,311
4,636
4
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43
Otros Ingresos no operacionales
PASIVOS
(2,948)
4,816
Total Pasivo y Patrimonio
4
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ACTIVOS
Total Patrimonio
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599,041
Estado de PĂŠrdidas y Ganancias De enero 1 a Diciembre 31 del 2011
Caja y Bancos
    2,969       3,415   135,251 Â
Fernando  BaldeĂłn  S. CONTADOR  GENERAL Reg.  17-Â184
Total Gastos
Estado de SituaciĂłn Financiera Al 31 de Diciembre del 2011
Resultado  del  Ejercicio                        (35,921)
Ulises  Alvear PRESIDENTE  EJECUTIVO
925 388,039 89,261 756 107,722 9,229 3,109
Fondo  Administrado  de  Inversión  S.  E.  F.  UNO
PASIVOS Â
Cuentas  por  Pagar  Otros  Pasivos  Total  Pasivos Â
1,112,942 414,242 (955,222) (14,110) (2,948)
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Estado  de  Situación  Financiera     Al  31  de  Diciembre  de  2011
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