Report of Foreign Issuer (6-k)
February 13 2017 - 8:45AM
Edgar (US Regulatory)
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
Inversiones y Representaciones Sociedad
Anónima
(Exact name of Registrant as specified in its charter)
IRSA
Investments and Representations Inc.
(Translation of registrant´s name into English)
Republic
of Argentina
(Jurisdiction of incorporation or organization)
Bolívar
108
(C1066AAB)
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
INVERSIONES Y REPRESENTACIONES SOCIEDAD
ANÓNIMA
(THE
“COMPANY”)
REPORT
ON FORM 6-K
By letter
dated February 13, 2017, the Company reported that in
compliance with Section 63 of the Regulations issued by the Buenos
Aires Stock Exchange, this is to report the following
information:
IRSA
Inversiones y Representaciones Sociedad Anónima
|
|
December
31, 2016 and 2015
|
|
|
|
|
|
1. Net
Results
|
|
ARS
Million
|
|
|
|
12/31/16
|
|
|
12/31/15
|
|
Net
Result (six-month period)
|
|
|
4.197
|
|
|
|
(910)
|
|
Gain / Loss
attributable to:
|
|
|
|
|
|
|
|
|
Company’s
shareholders
|
|
|
2.067
|
|
|
|
(487)
|
|
Non-controlling
interests
|
|
|
2.130
|
|
|
|
(423)
|
|
|
|
|
|
|
|
|
|
|
2. Equity
Details
|
|
ARS
Million
|
|
|
|
12/31/16
|
|
|
12/31/15
|
|
Capital
stock
|
|
|
575
|
|
|
|
574
|
|
Treasury
shares
|
|
|
4
|
|
|
|
5
|
|
Comprehensive
adjustment of capital stock and of treasury shares
|
|
|
123
|
|
|
|
123
|
|
Additional paid-in
capital
|
|
|
793
|
|
|
|
793
|
|
Premium for trading
of treasury
shares
|
|
|
16
|
|
|
|
13
|
|
Legal
Reserve
|
|
|
143
|
|
|
|
117
|
|
Special
Reserve
|
|
|
-
|
|
|
|
4
|
|
Cost of treasury
shares
|
|
|
(29)
|
|
|
|
(30)
|
|
Changes in
non-controlling interest
|
|
|
(58)
|
|
|
|
(160)
|
|
Reserve for
share-based payments
|
|
|
73
|
|
|
|
64
|
|
Reserve for future
dividends
|
|
|
494
|
|
|
|
520
|
|
Reserve for
conversion
|
|
|
62
|
|
|
|
366
|
|
Reserve for coverage instruments
|
|
|
(36)
|
|
|
|
-
|
|
Reserve for defined
benefit plans
|
|
|
(22)
|
|
|
|
-
|
|
Other subsidiary
reserves
|
|
|
37
|
|
|
|
-
|
|
Retained
earnings
|
|
|
828
|
|
|
|
(486)
|
|
Shareholders’
Equity attributable to controlling company’s
shareholders
|
|
|
3,003
|
|
|
|
1,903
|
|
Non-controlling
interest
|
|
|
16,071
|
|
|
|
3,846
|
|
TOTAL
SHAREHOLDERS’
EQUITY
|
|
|
19,074
|
|
|
|
5,749
|
|
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 578,676,460, divided into 578,676,460 common,
registered, non-endorsable shares of ARS 1 par value each and
entitled to one vote per share.
The Company’s
principal shareholder is CRESUD S.A.C.I.F. y A with 366,788,251
shares, accounting for 63.38% of the issued and subscribed capital
stock.
In addition, we
report that as of December 31, 2016, after deducting Cresud’s
interest and the treasury shares, the remaining shareholders held
208,377,022 common, registered, non-endorsable shares of ARS 1 par
value each and entitled to one vote per share, accounting for
36.01% of the issued and subscribed capital stock.
As of December 31,
2016 there is no options or convertible notes oustanding to acquire
our shares.
Below are the
highlights for the six-month period ended December 31,
2016:
●
EBITDA for the
first semester of FY 2017 reached ARS 5,189 million (ARS 1,222
million from Argentina and ARS 3,967 million from
Israel)
●
Net result for 6M17
registered a gain of ARS 4,197 million compared to a loss of ARS
910 million in the same period of 2016 mainly explained by the
results from Israel Business Center coming from Adama sale and the
increase in Clal share price, valued at market value.
●
Tenant Sales in our
malls grew by 19.9% in 6M17 while the average rent per sqm of the
office portfolio reached USD/sqm 26.1. EBITDA of the rental segment
increased by 28.6% in the compared period.
●
We reached 98.4%
occupancy in our shopping malls and 100% occupancy in our portfolio
of premium offices.
●
During November
2016, IDBD has issued notes in the Israeli market for NIS 383.5
million at 6.95% fixed due 2019 to cancel existing
debt.
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
Inversiones y Representaciones Sociedad
Anónima
|
|
|
|
By:
|
/S/ Saúl
Zang
|
|
|
|
Name:
Saúl Zang
|
|
|
|
Title:
Responsible for the Relationship with the Markets
|
|
Dated: February
13, 2017
IRSA Inversiones and Rep... (NYSE:IRS)
Historical Stock Chart
From Mar 2024 to Apr 2024
IRSA Inversiones and Rep... (NYSE:IRS)
Historical Stock Chart
From Apr 2023 to Apr 2024