Consolidated operating revenues were COP 5.270.649 million.
EBITDA reached COP 2.871.615 million, with a 54.5% EBITDA margin.
Net income was COP 701.548 million, with a 13,3% net margin
As of December 2015, the accumulated net income increased COP 701.548 million, the highest ever recorded net income in ISA’s history. This figure represents a 37,6% increase compared to the same period of 2014, equivalent to COP 191.835 million.
The annual increase was due to higher revenues from the adjusted remuneration in Brazil, higher yield from the financial asset of the Chilean concessions and higher revenues from the entry into operation of new projects Cerromatoso and Sogamoso, both in Colombia and Machupicchu – Abancay – Cotaruse in Peru; partially offset by the recognition of the 2015 wealth tax in Colombia, higher financial expenses and labor contingencies in Brazil.
For the entire report click