annual report grupo security - Banco Security

BALANCE SHEET MILLIONS OF PESOS OF DECEMBER 20071997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007Current assets 25,628 21,502 15,489 8,336 8,272 9,609 11,631 13,924 7,844 8,006 13,529Fixed assets 34 26 91 171 155 103 65 49 1,192 1,592 1,347Investment in related companies 85,182 102,431 106,767 128,317 133,871 134,897 149,022 196,656 209,902 253,762 272,038Goodwills 18,946 784 734 683 633 582 532 18,968 17,510 40,974 38,684Other assets 1,168 1,050 926 805 684 564 840 1,178 1,232 2,662 3,225Total other assets 105,295 104,265 108,427 129,805 135,188 136,043 150,394 216,802 228,643 297,398 313,949TOTAL ASSETS 130,958 125,792 124,007 138,312 143,615 145,755 162,090 230,775 237,679 306,996 328,825Current liabilities 10,720 7,697 5,989 7,792 6,441 7,692 6,024 3,659 8,555 8,240 7,229Long-term liabilities 25,328 22,121 17,808 25,676 27,379 25,226 33,541 44,476 38,023 73,593 81,641Shareholders’ equity 94,909 95,974 100,210 104,844 109,796 112,838 122,525 182,640 191,101 225,163 239,955TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY 130,958 125,792 124,007 138,312 143,615 145,755 162,090 230,775 237,679 306,996 328,825FINANCIAL INDICATORS1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007Financial Expenses Coverage 5.85 9.90 9.01 9.35 5.94 5.55 10.39 10.46 12.48 9.80 8.55Total liabilities / Shareholders’ equity (%) 37.98 31.07 23.75 31.92 30.80 29.17 32.29 26.35 24.37 36.34 37.04Total debt / Total assets (%) 27.53 23.70 19.19 24.20 23.55 22.58 24.41 20.86 19.60 26.66 27.03Net income / Shareholders’ equity (*) (%) 12.48 20.74 13.60 12.94 10.82 8.29 15.49 10.67 13.12 14.62 15.40(*) : Equity net of net income.