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Información del Estado de Ganancias y Pérdidas
en miles de Nuevos Soles
DROKASA
FARMINDUSTRIA
PHARMALAB
AGROKASA
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
235,344
218,343
93,063
90,621
26,437
31,057
125,160
120,418
49,003
44,539
49,862
51,792
17,040
21,462
44,237
51,760
12,277
10,947
8,135
10,510
-5,630
2,578
37,501
36,598
3,131
4,714
2,883
6,288
-4,125
1,965
27,264
21,359
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
92,102
70,120
51,012
49,533
19,674
12,555
56,862
59,914
72,811
71,839
47,887
47,685
3,676
2,192
144,805
129,742
164,913
141,959
98,899
97,218
23,350
14,747
201,667
189,656
70,547
Ventas Netas
Utilidad Bruta
Utilidad Operativa
Utilidad Neta
Nota: Cifras del 2003 y 2004 auditadas y ajustadas a diciembre 2004.
Información del Balance General
en miles de Nuevos Soles
DROKASA
Activos Corrientes
Activos No Corrientes
Total Activos
FARMINDUSTRIA
PHARMALAB
AGROKASA
al 31/Dic/03
al 31/Dic/04
Pasivos Corrientes
Pasivos No Corrientes
Total Pasivos
56,984
28,436
26,073
17,822
7,261
41,374
25,804
42,314
35,955
21,246
18,425
323
316
49,706
32,890
112,861
92,939
49,682
44,498
18,145
7,577
91,080
58,694
Patrimonio Neto
Total Pasivos y Patrimonio
52,052
49,020
49,217
52,720
5,205
7,170
110,587
130,962
164,913
141,959
98,899
97,218
23,350
14,747
201,667
189,656
Nota: Cifras del 2003 y 2004 auditadas y ajustadas a diciembre 2004.
Indicadores Financieros
DROKASA
FARMINDUSTRIA
PHARMALAB
AGROKASA
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
al 31/Dic/03
al 31/Dic/04
Indices de Liquidez
Liquidez general
1.3
1.2
1.8
1.9
1.1
1.7
1.4
2.3
Indices de Gestión
Margen Bruto
Margen Operativo
20.8%
5.2%
20.4%
5.0%
53.6%
8.7%
57.2%
11.6%
64.5%
-21.3%
69.1%
8.3%
35.3%
30.0%
43.0%
30.4%
2.2
1.2
1.9
1.0
1.0
1.0
0.8
0.8
3.5
n.a.
1.1
n.a.
0.8
0.5
0.4
0.3
6.0%
1.9%
9.6%
3.3%
5.9%
2.9%
11.9%
6.5%
-79.3%
-17.7%
27.4%
13.3%
24.7%
13.5%
16.3%
11.3%
Indices de Solvencia
Endeudamiento Patrimonial
Endeudamiento Largo Plazo
Rentabilidad
ROE
ROA
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Evolución de las Ventas Totales Anuales de los Originadores
en miles de Dólares
2001
2002
2003
2004
Sociedad Agrícola Drokasa S.A.
Uvas
Espárragos
Total
3,258
10,933
14,191
8,320
20,942
29,262
10,048
24,426
34,474
7,484
29,218
34,820
Drokasa Perú S.A. (1)
a Terceros
51,283
54,426
58,567
64,281
Farmindustria S.A.
a Afiliadas
Maquila a Terceros
Maquila a Pharmalab
Total
18,828
411
961
20,200
19,739
598
1,897
22,233
21,647
477
3,487
25,611
23,310
501
3,809
27,620
Pharmalab S.A.
a Afiliadas
a terceros
Total
2,631
6,046
8,677
4,544
3,710
8,254
7,282
0
7,282
9,466
0
9,015
Ventas Originadores (2)
71,931
87,995
93,519
99,603
Ventas Base (3)
71,520
87,398
93,041
99,101
Nota:
Información de los años 2001, 2002, 2003 y 2004 obtenida de los balances auditados.
(1) La información de Drokasa ha sido ajustada para eliminar las ventas de licores, negocio que fue escindido en Junio del 2004.
(2) Venta Originadores es igual a las ventas de Agrokasa más Drokasa, Farmindustria Maquila a Terceros y ventas de Pharmalab a Terceros.
(3) Ventas Base es igual a Ventas Originadores menos Farmindustria Maquila a Terceros.
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Flujo Anual Esperado del Patrimonio Fideicometido
en US$000
Año 1
Ventas
Asignación Cuentas Recolectoras
Exc. de Libre Disposición
Año 2
Año 3
Año 4
Año 5
Año 6
112,508
31,275
81,233
115,638
31,275
84,363
118,016
31,275
86,741
120,935
31,275
89,660
124,819
31,275
93,544
128,803
31,275
97,528
Asignación Cuentas Recolectoras
Gastos de Operación
31,275
86
31,275
86
31,275
86
31,275
86
31,275
86
31,275
86
Flujo de Operación
Asignación de Reserva Comisión IFC
31,190
216
31,190
184
31,190
149
31,190
111
31,190
71
31,190
27
Excedente Disponible para Asignación Cuota Bono
Asignación Cuota Bono
30,974
5,213
31,006
5,213
31,041
5,213
31,078
5,213
31,119
5,213
31,163
5,213
Excedente para Cuenta de Reserva Garantía
Asignación Reserva - Garantía
25,761
0
25,794
0
25,828
0
25,866
0
25,906
0
25,950
0
Excedente para Aceleración
Asignación Reserva - Aceleración
25,761
0
25,794
0
25,828
0
25,866
0
25,906
0
25,950
0
Excedente para Covenants
Asignación Reserva - Covenants
25,761
0
25,794
0
25,828
0
25,866
0
25,906
0
25,950
0
Exc. de Libre Disposición
25,761
25,794
25,828
25,866
25,906
25,950
6.00x
5.98x
5.94x
6.00x
5.98x
5.95x
6.00x
5.98x
5.96x
6.00x
5.98x
5.96x
6.00x
5.98x
5.97x
6.00x
5.98x
5.98x
Indices de Cobertura de Cuota
Asignación Cuentas Recolectoras / Cuota Bono
Flujo de Operación / Cuota Bono
Excedente Disponible para Asignación Cuota Bono / Cuota Bono
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Evolución de Ventas de Drokasa
Distribución de Ventas por UNE 2004
70,000
Ventas en miles de
US$
2'C
P erfumería y
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60,000
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Milagros Gonzales
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Razón
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Rank.
2004
Rank.
2003
1
1
CAMPOSOL / SOL PRODUCE
19,546
24,465
45,856
62,020
35.25%
2
2
PERALES HUANCARUNA
40,145
42,101
37,697
51,938
37.78%
3
3
SOCIEDAD AGRICOLA VIRU
13,290
19,166
31,736
38,407
21.02%
4
4
ALICORP
21,114
24,007
27,194
35,878
31.93%
5
8
COMERCIO & CIA
15,343
15,725
17,037
27,966
64.15%
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9
CIA INTERNACIONAL DEL CAFÉ
14,505
15,557
14,537
26,762
84.10%
7
10
PROCESADORA DEL SUR
8,513
13,979
12,942
25,443
96.59%
8
5
SOCIEDAD AGRICOLA DROKASA
10,056
18,198
22,382
25,046
11.90%
9
7
DANPER TRUJILLO
12,184
13,911
17,788
24,472
37.58%
10
6
AGRO INDUSTRIAS BACKUS
23,351
21,492
18,770
18,723
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178,048
208,601
245,939
336,656
36.89%
2001
Social
SUB-TOTAL
TOTAL SECTOR
EXPORTACIONES TOTALES
2002
2003
644,548
769,429
6,956,240
7,582,310
2004
%
n/d
n/d
n/d
8,863,269
12,370,097
39.57%
Fuente: Sunat
Fuente:
- Aduanas
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Ventas en miles de US$
2'C
Distribución de Ventas 2004
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
Uvas
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2000
2001
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2'C
31 de diciembre de 2003
31 de diciembre de 2004
Directa
Indirecta
Total
Directa
Indirecta
Total
Drokasa Perú S.A.
97.22%
2.78%
100.00%
97.22%
2.78%
100.00%
Farmindustria S.A.
99.99%
0.01%
100.00%
99.99%
0.01%
100.00%
Agrokasa
34.42%
65.58%
100.00%
34.42%
65.58%
100.00%
Pharmalab
99.50%
0.50%
100.00%
99.50%
0.50%
100.00%
Nota: se entiende por participación indirecta a aquella que mantiene Corporación Drokasa S.A. a través de alguna de sus
empresas subsidiarias.
< /
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C /
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Accionista
Sucesión Adrián Kahan Maldonado
Hory Chlimper Halfin e hijos
Laura Valera viuda de Kahan e hijo
Roxana Labarthe Proaño e hijo
Globapharm Limited
Gustavo Caillaux Angulo
Amazonas Holdings
Total
Nota: El cuadro presenta la participación resumida por grupo de familias.
(+
F
C
Participación
22.34%
22.34%
12.08%
10.26%
17.25%
7.86%
7.86%
100.00%
Con relación a la Política de Dividendos de Corporación Drokasa S.A., mediante Junta General de Accionistas de Corporación Drokasa
S.A., celebrada con fecha 15 de diciembre de 2004 -empresa holding de los ORIGINADORES, se aprobó la Política de Dividendos de
dicha Sociedad, la misma que regirá a partir del ejercicio 2005.
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