MINEROS S.A.
Financial ratios (In thousands of Colombian pesos) dec-11 Liquidity Ratios
dec-10
Liquidity measures the Company's capacity to pay its short-term liabilities.
Current Ratio
L I Q U I D I T Y
Current Assets Current Liabilities
194.226.335 68.200.415
2,85
124.648.109 39.337.470
3,17
2,12
103.647.223 39.337.470
2,63
6,59
420.559.109 40.024.888
10,51
For each Peso payable of current liabilities, the Company has in short-term current assets, as many Pesos as the value of the current ratio
Acid test
Liquid Assets Current Liabilities
144.888.370 68.200.415 For each Peso payable of current liabilities, the Company has easily realizable assets as many Pesos as the acid-test ratio
Solidity
Total Assets Total Liabilities
514.618.479 78.050.225 Company's capacity to show financial consistency
Working capital
Current assets - Current liabilities
$
126.025.920
$
85.310.639
Remaining current assets after paying all short-term liabilities
Efficacy indices (Return)
Efficacy or return indices assess results of management decisions when administering resources
Gross income margin
1-
Production Cost Operating revenues
157.085.067 339.939.249
53,79%
129.860.271 228.614.687
43,20%
How much can be used to cover operating and non-operating expenses out of each Peso generated
Return on revenues
Net income Net revenue
115.802.395 339.939.249
34,07%
A C T I V I T Y
91.869.937 228.614.687
40,19%
228.614.687 223.955.649
1,02
228.614.687 285.964.836
0,80
0,66
228.614.687 420.559.109
0,54
30,42
1.050.638.116 41.624.530
25,24
115.802.395 514.618.479
22,50%
91.869.937 420.559.109
21,84%
115.802.395 436.568.255
26,53%
91.869.937 380.534.221
24,14%
442,52
91.869.937 261.687
53,79%
98.754.416 228.614.687
43,20%
50,79%
88.825.157 228.614.687
38,85%
34,07%
91.869.937 228.614.687
40,19%
Relation between income after non-operating revenues and expenses and taxes that may diminish the Company’s capacity to generate returns
Sales Gross fixed assets
Fixed assets turnover
339.939.249 244.355.157
1,39
How much can be generated in sales out of each Peso invested in fixed assets
Operating assets turnover
Sales Gross operating assets
339.939.249 331.110.233
1,03
How much can be generated in sales out of each Peso invested in operating assets
Total assets turnover
Total sales Total Assets
339.939.249 514.618.479 Company’s efficiency using assets to generate sales
Suppliers turnover
Average accounts payable X 365 days Term purchases
Return on assets
Net income Assets
735.259.450 24.172.913
Days the company takes to pay accounts to its suppliers
P R O F I T A B I L I T Y
Return on the company investment
Return on equity
Net income Net equity
Income per share
Net income (Pesos) No. of shares or participation rights
Return on shareholder’s or partner’s investment
115.802.395 261.687
$
$ 351,07
Net income per share or participation right
Gross return
Gross income Operating revenues
182.854.182 339.939.249 Gross income percentage generated by the Company’s sales
Operating return
Operating income Total operating revenues
172.661.243 339.939.249 Amount of operating income generated by each Peso of sales
Net Return
Net income Net sales
115.802.395 339.939.249
Net income generated by each Peso of net sales, independent of whether it corresponds to the company’s social purpose or not
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F I N A N C I A L S TAT E M E N T 2 0 1 1 - M I N E R O S S . A .