Second Quarter 2012 Results - Entel

Second Quarter 2012 ResultsAugust 6, 2012Entel Group Consolidated Balance Sheet(in thousands of Chilean Pesos)ASSETS Jun/12 Dec/11 Var%Current assets 387.342.744 365.735.174 6%Cash and cash equivalents 17.107.042 23.064.067Other financial assets 1.853.396 5.407.220Other non financial assets 16.470.190 16.754.397Trade and other receivables 260.554.203 251.229.640Accounts receivable from related entities 459.809 722.752Inventory 85.583.416 63.091.800Tax assets 5.314.688 5.465.298Non-current assets 1.234.276.048 1.192.278.832 4%Other Financial Assets 5.343.907 5.800.553Other non Financial assets 4.304.975 4.718.678Trade and other receivables 4.785.615 5.324.234Intangible assets 28.541.622 31.118.433Goodwill 45.895.283 45.895.283Property, plant and equipment 1.097.823.697 1.056.555.054Deferred tax assets 47.580.949 42.866.597TOTAL ASSETS 1.621.618.792 1.558.014.006 4%LIABILITIES AND SHAREHOLDERSEQUITYJun/12 Dec/11 Var%Current Liabilities 525.222.180 394.261.450 33%Other financial liabilities 125.492.821 18.584.041Trade and other payables 363.095.318 326.224.772Other provisions 480.714 578.262Income tax 4.690.863 7.951.010Other liabilities non financial 31.462.464 40.923.365Non Current Liabilities 332.982.549 390.675.465 -15%Other financial liabilities 296.733.159 353.504.014Other provisions long term 5.496.986 5.123.356Deffered income tax 9.003.640 11.708.289Employee severance and others 7.596.343 7.718.074Other non financial liabilities 14.152.421 12.621.732Equity 763.414.063 773.077.091 -1%Paid-in Capital 522.667.566 522.667.566Retained Earnings 300.687.602 310.971.878Other Reserves (59.941.105) (60.562.353)Minority interests - -TOTAL LIABILITIES ANDSHAREHOLDERS EQUITY 1.621.618.792 1.558.014.006 4%19