annual report grupo security - Banco Security

More documents

Recommendations

Info

M A T E R I A L I N F O R M A T I O NS a n t i a g o , M a r c h 1 5 , 2 0 0 7At the board meeting held on March 14, Nicolás Ugarte Bustamante presented his voluntary resignation as thepresident of Corredora de Valores Security S.A., which was accepted. The board appointed Cristián Pinto Marinovicas his replacement.S a n t i a g o , M a r c h 2 9 , 2 0 0 7The board meeting of Grupo Security S.A. held on March 27 agreed to make a new issue and placement of bondsunder the line of bonds method, for a total amount of up to UF 1,500,000, in order to repay or prepay financial debtand finance the Company’s investment plan.S a n t i a g o , A p r i l 1 3 , 2 0 0 7The ordinary shareholders meeting of Grupo Security S.A. held on April 12, 2007, agreed to distribute a final dividendof Ch$4.15 per share against the net income for 2006. This dividend would be payable to shareholders registered fivebusiness days prior to the payment date, on April 23, 2007 at Agustinas street 621, 1st floor, Santiago.S a n t i a g o , J u n e 5 , 2 0 0 7The board meeting of Grupo Security S.A. held on June 5 agreed, among other things, to:1. Modify part of the characteristics of the line of bonds that the board of Grupo Security S.A. agreed at its meetingheld on March 27, 2007, setting a new text with all the special characteristics of both the new line of bonds andthe first issue and placement to be made against this line.2. Carry out and register with the Superintendency of Securities and Insurance a second and last issue andplacement of bonds against the line of bonds inscribed in the Securities Register with the No.340 on August 13,2003, for a total amount of UF1,000,000. The purpose of these issues is the refinance financial debt and financethe Cpompány’s incvestment plan.S a n t i a g o , A u g u s t 1 3 , 2 0 0 7The board of Grupo Security S.A. at its extraordinary meeting held on August 10, decided unanimously to eliminatethe reserved nature of the agreement reached ay the board meeting held on June 11, 2007.On August 10, 2007, Inversiones Seguros Security Limitada and Grupo Security S.A. acquired 99.92% and
annual report 2007grupo securitypage 770.08% approximately of the partnership rights in Inversiones CIGNA Limitada. The total purchase price wasCh$13,544,371,743.S a n t i a g o , O c t o b e r 4 , 2 0 0 7The board of Grupo Security S.A. agreed at its meeting of October 4 to pay a total dividend of Ch$2.8 per share,corresponding to an interim dividend for the year of Ch$1.7 and an additional dividend of Ch$1.1 against retainedearnings.This total dividend will be payable to shareholders on October 30, 2007 at the offices of Banco Security at Agustinasstreet 621, 1st floor, Santiago, or in another form should shareholders request this prior to the date of payment.O R G A N I Z A T I O N A L S T R U C T U R EThe organizational structure of the Grupo Security companies is shown in the following chart:GRUPO SECURITYBANCO SECURITY99.94%ASESORÍAS SECURITY99.78%INVERSIONES SEGUROSSECURITY99.99%INMOBILIARIASECURITY99.99%INVERSIONES INVESTSECURITY99.90%VALORES SECURITY99.76%SECURITIZADORASECURITY GMAC-RFC50.96%VIDA SECURITYSEGUROS VIDA99.34%VIRTUAL SECURITY99.90%ADM. GENERAL DEFONDOS SECURITY99.99%PENTA SECURITYSEGUROS GENERALES29.17%GLOBAL SECURITYGESTIÓN Y SERVICIOS99.77%FACTORING SECURITY99.998%SERVICIOS SECURITY99.99%MANDATOS SECURITY99.77%CORREDORA DESEGUROS SECURITY99.99%TRAVEL SECURITY55.00%EUROP ASSISTANCE49.00%REPRESENTACIONESSECURITY99.99%COOPER GAY CHILE49.99%
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: annual report 2007grupo securitypag
Page 33: annual report 2007grupo securitypag
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 65: annual report 2007grupo securitypag
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 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 107 and 108: I N D E P E N D E N T A U D I T O R
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
G R U P O S E C U R I T Y S U B S I
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
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?