Today we meet again, as we have done for 24 years, to analyze the results of the execution of the previous period and design the future of society. Together we have witnessed the undeniable growth that we have had as a company, the Organizational maturity that we have cemented, the effectiveness of the work we do as a team, the know-how that positions us in the context of the sector, and the strength, autonomy and empowerment shown by management in decision-making. All of this has allowed us to move firmly towards the goals we have set, bypassing the rigors of the dynamic environment in which our businesses are developed.
Recent changes in legislation, with the modification of the country’s tax structure and the issuance of the new free zones regime, have set a new course which, although imposing more controls, represents a significant differential for companies from the point of view of Offering us great opportunities for the development of our activities and enhancing the possibilities of attracting investments and diversifying the offer of services under the free regime.
In an objective way we can report important figures of accumulated growth in these years, some of them with truly relevant results, such as multiplied by 15 the company’s book assets, having distributed in dividends more than $ 73,239 million pesos, which represents having recovered 20 times the capital contributed by the shareholders, have increased assets by more than 34 times, to have achieved the positioning as Operator User of 15 free zones in the sectors of greatest interest for the country, to develop the real estate potential offered by the regime with highly competitive infrastructure works such as Zofia,obtained the trinorma certificate through which we recognize the quality of our services management, compliance with environmental requirements and optimal conditions for our employees, have impacted on the quality of life of more than 1,200 children from surrounding neighborhoods and all other projects that We have brought forth and fill us with pride.
In the framework of the implementation of International Financial Reporting Standards, 2015 was the year of transition and 2016, the year of adjustments and corrections; This coupled with situations of direct impact on our business such as global uncertainty due to the surprising decisions in Europe and the United States that defined a new style of political administration in some of the main markets of the world, the increase in interest rates that are Kept the whole year, the effect of the crisis of the energy mining sector, and the peace negotiations that polarized the investing mood in the country, definitely influenced the results of the period under analysis, whose most relevant figures are: EBITDA $ 29,202 million pesos, result of the year $ 14,068 million Of pesos, equity of $ 68,762 million pesos and total assets of $ 185,627 million pesos.
Throughout our business history we have successfully tackled the conditions that point us to the times and at this moment we are ready to start a new cycle of growth, restructuring the strategies that will lead us to obtain the vision we have designed.
This 2017, and probably also 2018, of deep divisions and uncertainty in the politics and the economy of the environment, is the ideal period to make strategic changes in the organizational structure, the way we work and the way we approach the Integral growth of the organization, relying on our ethical values, technology, innovation and knowledge, which favor the integrated implementation of the businesses in which we are interested.