annual report grupo security - Banco Security

More documents

Recommendations

Info

(1) At December 31, 2007 and 2006, the Huechuraba property was classified for ThCh$2,544,432 (ThCh$2,478,195 in 2006), as inventory,because the Company intends to develop a commercial real estate project.(2) At December 31, 2007, the balance relates to a portfolio of 753 home leasing contracts and their respective properties, which will bepart of Separate Equity BSECS-11. The related obligation is recorded in the other current liabilities item.At December 31, 2006, the balance relates to a portfolio of 973 and 1,717 home leasing contracts and their respective properties,which will be part of Separate Equity BSECS-9 and BSECS-10, respectively, whose respective originators are Concreces Leasing S.A. andInmobiliaria Mapsa S.A. The related obligations are recorded in the other current liabilities item and in the short-term obligations withbanks and financial institutions item.8 . D E F E R R E D TA X E S A N D I N C O M E TA Xa .R e c o v e r a b l e t a x e sDetails of recoverable taxes at December 31, 2007 and 2006 are as follows:2007ThCh$2006ThCh$Provision for first category income tax (1,123,203) (945,379)Subtotal (1,123,203) (945,379)Monthly provisional payments 1,440,620 1,297,138Income tax recoverable on tax loss 193,086 124,546VAT credit 642,486 433,640Other credits 298,326 -Total 1,451,315 909,945b .At December 31, 2007 the Company has not provided for income tax since it has an accumulated tax loss amounting toThCh$5,552,373 (ThCh$5,374,455 in 2006).
annual report 2007grupo securitypage 121c .D e f e r r e d t a x e sDetails of deferred taxes at December 31, 2007 and 2006 are as follows:DIFERENCIAS TEMPORARIAS2007ASSETS2007LIABILITIES2006ASSETS2006LIABILITIESSHORT TERMThCh$LONG TERMThCh$SHORT TERMThCh$LONG TERMThCh$SHORT TERMThCh$LONG TERMThCh$SHORT TERMThCh$LONG TERMThCh$Allowance for uncollectible accounts 735,792 - - - 534,422 - - -Unearned income 22,374 - - - - - - -Provision for vacations 139,937 - - - 88,004 - - -Amortization of intangibles - 17,930 - - 4,717 15,853 - -Leased assets - 1,248,853 - 1,425,389 - - - -Depreciation of fixed assets - - 112,986 - 20,553 - 110,927 -Accrual for consulting 81,542 - - - - - - -Tax losses 142,986 629,151 - - 148,267 533,046 - -Leasing obligations - 85,177 - - 909 118,091 - -Sundry accruals 73,674 - 60,345 - 792,008 - - -Prepaid expenses - - 325 -Leased assets at tax value - - - - - 832,326 14,233 975,579Provision for bonds 4,807 - - - - - - -Deferred loss for factoring operations - - 2,234 - - - - -Accounting vs, tax forward - - 36,245 - - - - -Unearned interest 286,010 - - - 314,401 - - -Goodwill financial AF 1,849 - - - - - - -Placement differences - - - - - - 90,952 -Expense accrual 1,261,459 - - - 135,418 - - -Other events 637,208 - 8,917 326,446 81,127 - 26,864 115,870Total deferred taxes 3,387,638 1,981,111 221,052 1,751,835 2,119,826 1,499,316 242,976 1,091,449Complementary accounts - - - - - - - (9,918)Balance as per balance sheet 3,387,638 1,981,111 221,052 1,751,835 2,119,826 1,499,316 242,976 1,081,531
Page 1:
a n n u a l r e p o r t2 0 0 7g r u
Page 5 and 6:
annual report 2007grupo securitypag
Page 7:
Page 10 and 11:
Security produced a 148% real incre
Page 12 and 13:
B O A R D O F D I R E C T O R SC H
Page 14 and 15:
SUPERBRANDSSuperbrands placed Grupo
Page 16 and 17:
FUNDACION CHILEUNIDO SEMINARFUNDACI
Page 18 and 19:
1981Banco Urquijo de Chile is forme
Page 21 and 22:
economic and financial environment
Page 23 and 24:
Page 25:
Page 29 and 30:
Page 31 and 32:
Page 33:
Page 36 and 37:
A R E A S O F B U S I N E S SThe fo
Page 38 and 39:
F I N A N C I N GGrupo Security par
Page 40 and 41:
B A N C O S E C U R I T YThe missio
Page 42 and 43:
• PRIVATE BANKINGThis is focused
Page 44 and 45:
I N V E S T M E N T SGrupo Security
Page 46 and 47:
MUTUAL FUNDS SECURITYSHORT-TERM FIX
Page 48 and 49:
I N S U R A N C ET H E I N S U R A
Page 50 and 51:
In terms of investment income, life
Page 52 and 53:
2.45%54.9432.71%2.04%44.1901.63%1.5
Page 54 and 55:
S E R V I C E SIn order to provide
Page 56 and 57:
T R A V E L S E C U R I T Y S . A .
Page 59 and 60:
investment and financing policies
Page 61 and 62:
Page 63 and 64:
Page 65:
Page 68 and 69:
I n f o r m a t i o n o n t h e c o
Page 70 and 71:
The human team making up Grupo Secu
Page 72 and 73: D I R E C T O R S ’ A L L O W A N
Page 74 and 75: D I V I D E N D S P A I DThe follow
Page 76 and 77: The following shows the volume of G
Page 78 and 79: M A T E R I A L I N F O R M A T I O
Page 81 and 82: financial statementsunconsolidatedc
Page 83 and 84: I N D E P E N D E N T A U D I T O R
Page 85 and 86: annual report 2007grupo securitypag
Page 107 and 108: I N D E P E N D E N T A U D I T O R
Page 121: annual report 2007grupo securitypag
Page 145 and 146: G R U P O S E C U R I T Y S U B S I
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
D E C L A R A T I O N O F L I A B I
Page 187 and 188:
A D D R E S S E S O F C O M PA N I
Page 189 and 190:
Page 191 and 192:
Page 193:
Page 196:
w w w . s e c u r i t y . c ld e s
show all

annual report grupo security - Banco Security

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?