6-K 1 form6k.htm ARTICLE 63 form6k.htm
  
 
 
 
IRSA Propiedades Comerciales S.A.
(THE “COMPANY”)
REPORT ON FORM 6-K
 
 
Attached is the English translation of the letter dated November 9, 2016, filed by the Company with the Bolsa de Comercio de Buenos Aires and the Comisión Nacional de Valores.
 
 
 
In compliance with Section 63 of the Regulations issued by the Buenos Aires Stock Exchange, this is to report the following information:
 
 
Integral Result for the three-month period (in ARS thousands)
 
 
09/30/2016
 
 
09/30/2015
 
 
 
 
 
 
 
 
Gain / Loss attributable to:
 
 
 
 
 
 
Company’s shareholders
 
 
78,882
 
 
 
103,002
 
Non-controlling interests
 
 
18,729
 
 
 
8,130
 
 
 
 
 
 
 
 
 
 
Equity Composition:
 
 
 
 
 
 
 
 
Capital stock
 
 
126,014
 
 
 
126,014
 
Comprehensive adjustment of capital stock
 
 
69,381
 
 
 
69,381
 
Additional paid-in capital
 
 
444,226
 
 
 
444,226
 
Legal Reserve
 
 
39,078
 
 
 
39,078
 
Special Reserve
 
 
15,802
 
 
 
15,802
 
Changes in non controlling interest
 
 
(19,770
)
 
 
(19,770
)
Retained earnings
 
 
895,482
 
 
 
386,584
 
Non-controlling interest
 
 
218,068
 
 
 
188,340
 
Total Shareholders’ Equity
 
 
1,788,281
 
 
 
1,249,655
 
 
 
 
 
 
 
 
 
 
 
In compliance with Section o) of the referred Regulations, we report that as of the closing date of the financial statements, the Company’s capital stock was ARS 126,014,050.8, divided into 1,260,140,508 common, registered, non-endorsable shares of ARS 1 par value each and entitled to one vote per share.
 
 
 
Shareholders
Acciones
Participación
IRSA Inversiones y Representaciones Sociedad Anónima1
1,192,218,866
94.61%
Minority Shareholders
67,921,642
5.39%
 
Below are the highlights for the three-month period of Fiscal Year 2017 ended September 30, 2016:
 
 
  ●
Net gain for the three month period of FY 2017 reached ARS 97.6 million compared to ARS 111.2 million in the same period of FY 2016.
 
  ●
The Company’s EBITDA reached ARS 561.6 million in the three-month period of 2017. Excluding the results from sales of investment properties, the EBITDA grew by 24.2% compared to the same period of 2016.
 
  ●
Our shopping centers’ sales grew by 21.0% in the three-month period of 2017 and the portfolio’s occupancy rate stood at 98.4%.
 
  ●
We reached 100% occupancy in our portfolio of Premium Offices.
 
  ●
As a subsequent event, we announced a cash dividend payment of ARS 460 million, equivalent to ARS 0.3650 per ordinary share and ARS 14.6015 per ADR.
 
 

 
 
1 Includes the stake of E-Commerce Latina S.A. and Tyrus S.A (Subsidiares of IRSA Inversiones y Representaciones Sociedad Anónima)
 
 
 

SIGNATURES
 
 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Buenos Aires, Argentina.
 
 
 IRSA Propiedades Comerciales S.A.
 
 
 
 By:
 /S/ Saúl Zang
 
 
 
 Name: Saúl Zang
 
 
 
 Title: Responsible for relationship with the markets
 
Dated: November 9 , 2016