0001654954-17-000897.txt : 20170209 0001654954-17-000897.hdr.sgml : 20170209 20170209170001 ACCESSION NUMBER: 0001654954-17-000897 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170209 FILED AS OF DATE: 20170209 DATE AS OF CHANGE: 20170209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IRSA PROPIEDADES COMERCIALES S.A. CENTRAL INDEX KEY: 0001128173 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 000000000 STATE OF INCORPORATION: C1 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30982 FILM NUMBER: 17588331 BUSINESS ADDRESS: STREET 1: BOLIVAR 108 CITY: BUENOS AIRES STATE: C1 ZIP: C1066AAB BUSINESS PHONE: 00541143237400 MAIL ADDRESS: STREET 1: BOLIVAR 108 CITY: BUENOS AIRES STATE: C1 ZIP: C1066AAB FORMER COMPANY: FORMER CONFORMED NAME: ALTO PALERMO SA APSA DATE OF NAME CHANGE: 20001113 6-K 1 form6k.htm ART. 63 form6k.htm
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 FORM 6-K
 
 REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15b-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
 
For the month of February, 2017
 
 IRSA Propiedades Comerciales S.A.
(Exact name of Registrant as specified in its charter)
 
IRSA Commercial Properties Inc.
(Translation of registrant´s name into English)
 
 Republic of Argentina
(Jurisdiction of incorporation or organization)
 
Moreno 877
(C1091AAQ)
Buenos Aires, Argentina
 (Address of principal executive offices)
 
 Form 20-F ⌧               Form 40-F  ☐
 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes ☐               No x
 
 
 
IRSA Propiedades Comerciales S.A.
(THE “COMPANY”)
 
REPORT ON FORM 6-K
 
 
 
 
IRSA Propiedades Comerciales S.A.
(THE “COMPANY”)
REPORT ON FORM 6-K
 
 
Attached is the English translation of the letter dated February 9, 2017, 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 six-month period (in ARS thousands)
 
 
12/31/2016
 
 
12/31/2015
 
 
 
 
 
 
 
 
Gain / Loss attributable to:
 
 
 
 
 
 
Company’s shareholders
 
 
479,139
 
 
 
379,239
 
Non-controlling interests
 
 
39,307
 
 
 
53,007
 
 
 
 
 
 
 
 
 
 
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
 
Futures Dividends Reserve
 
 
  356,598 
 
 
 
- 
 
Changes in non controlling interest
 
 
(19,770
)
 
 
(19,770
)
Retained earnings
 
 
479,141
 
 
 
379,241
 
Non-controlling interest
 
 
242,550
 
 
 
233,217
 
Total Shareholders’ Equity
 
 
1,753,020
 
 
 
1,287,189
 
 
 
 
 
 
 
 
 
 
 
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, divided into 126,014,050 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
119,221,845
94.61%
Minority Shareholders
6,792,206
5.39%
 
Below are the highlights for the six-month period of Fiscal Year 2017 ended December 31, 2016:
 
  ●
Net gain for the six-month period of FY 2017 reached ARS 518.4 million compared to ARS 432.2 million in the same period of FY 2016.
 
  ●
The Company’s EBITDA reached ARS 1,318.3 million in the six-month period of 2017 while the EBITDA for the rental segment grew by 28.6% compared to the same period of 2016.
 
  ●
Our shopping centers’ sales grew by 19.9% in the six-month period of 2017 and the portfolio’s occupancy rate stood at 98.4%.
 
  ●
We maintained 100% occupancy in our portfolio of Premium Offices.
 
  ●
During November 2016, we paid a cash dividend 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: February 9, 2017