CORPORACIÓN DE FERIAS Y EXPOSICIONES S.A. USUARIO OPERADOR DE ZONA FRANCA Y SU SUBORDINADA Consolidated Statement of Financial Position At 31 December 2015 (With comparative figures as of December 31 and January 1, 2014) (Expressed in thousands of Colombian pesos ) Note 2015 2014 January 1, 2014 ASSETS Current assets Cash and cash equivalents Other financial assets Accounts receivable Assets by tax Inventories Other non-financial asset Total current assets Non current assets Other financial asset Investments in subordinate and associates Intangible Property and equipment Assets by deferred tax Total non-current assets 6 7 y 32 8 $ 10,092,900 700,000 10,794,641 80,150 462,892 22,130,583 6,713,786 1,490,000 7,501,500 728 515,059 579,544 16,800,617 11,950,850 392,418 6,130,480 33,885 1,177,036 19,684,669 13,432,164 61,307,795 3,515,284 430,534,284 5,815,888 514,605,415 12,854,635 1,400,071 1,796,457 474,929,953 7,589,192 498,570,308 12,575,812 156,873 455,402,842 1,923,908 470,059,435 536,735,998 515,370,925 489,744,104 15 16 y 32 17 18 20 21 2,009,407 18,389,664 2,942,692 1,791,146 1,638,626 4,055,991 588 30,828,114 1,200,000 11,234,031 2,909,111 1,882,462 4,507,200 3,302,649 99,500 25,134,953 12,301,079 3,048,400 2,040,106 2,562,198 5,225,347 1,519,826 26,696,956 15 19 31 5,600,000 2,064,050 37,727,097 45,391,147 3,900,000 8,367,968 37,055,074 49,323,042 8,019,664 31,012,874 39,032,538 9 11 12 y 32 13 y 32 10 14 31 Total assets $ LIABILITIES Current liabilities Financial Obligations Debts to pay Tax liabilities Employee benefits Other financial liabilities Other non-financial liabilities Other provisions Government grantS Total current liabilities Non current liabilities Financial Obligations Other provisions Deferred tax liabilities Total non-current liabilities Total liabilities $ 76,219,261 74,457,995 65,729,494 $ 1,673,920 43,451,721 54,245,620 4,803,947 324,254,758 32,086,771 460,516,737 1,673,920 43,451,721 42,773,671 325,266,798 27,746,820 440,912,930 1,673,920 43,451,721 31,954,346 325,296,796 21,637,827 424,014,610 $ 536,735,998 515,370,925 489,744,104 EQUITY Share and paid capital Paid-in shares Reserves Accumulated results Convergence process results Profit for the period Total equity Total liabilities and equity 22 23 See accompanying notes to the financial statements ___________________________ Andrés López Valderrama Legal Representative _________________________________ Juan Carlos Sánchez Certified Public Accountant T.P. 102419 - T ______________________________________ Liana Marcela Arango Mayo Statutory Auditor For Corporación de Ferias y Exposiciones S.A. Usuario Operador de Zona Franca T. P. 163815 - T Member of KPMG Ltda. (See my report dated March 3, 2016) #