Asesores Financieros
2Q15 Results Presentation| September 2015
Resultados Dec-14
Agenda
01
02
03
04
General
Background
Main
SK’s subsidiaries
Financial
Consolidated
Highlights
Exhibits
figures

Corporate Presentation
|
Sigdo Koppers
Company Overview
Sigdo Koppers, Chilean conglomerate founded in
1960. One of the most dynamic and important
industrial groups in Chile. Our commitment is a
long term investment industrial approach, aiming to
be a comprehensive supplier of products and
services for the mining and industrial operations
worldwide.
Sales
(US$ millions)
Consolidated EBITDA
(US$ millions)
Ingeniería y
Construcción
Enaex
Magotteaux
SK
SK Comercial
Comercial
60.43%
60.72%
95.00%
85.77%
Net Profit
Puerto
Ventanas
SK Godelius
CHBB
SKBergé
50.01%
58.19%
74.59%
40.00%
(US$ millions)
Source: Company
Note: The percents correspond to the ownership of Sigdo Koppers over its subsidiaries, as of June 2015,
(1) Net Profit of 2011 have an extraordinary effect of US$157 millions mainly due to the sale of CTI
(2) Net Profit of 2013 have an extraordinary loss of US$29.2 millions mainly due to the sale of Sigdopack
286(1)
121(2)
3
Corporate Presentation
Sigdo Koppers
Corporate Governance
Board of Directors
Ownership Structure
5,41% Stock Brokers
6,26% Mutual Funds and
other institutional
investors
9,33% Pension Funds
and Insurance companies
2,58% Others
1. Juan Eduardo
Errázuriz Ossa
Chairman
3. Juan Andrés Fontaine
Talavera
Director
5. Norman Hansen Rosés
Director
2. Naoshi Matsumoto
Takahashi
Vicepresident
Ownership structure as of Ago-15
4. Horacio Pavez García
Director

Daily Average vol. traded (1): US$0,4 millions
6. Canio Corbo Lioi
Independent Director

Market Cap: US$1,230 millions (As of Aug 31th 2015)
7. Jaime Vargas Serrano
Director
Source: Santiago Stock Exchange.
(1) Last 12 month
4
Corporate Presentation
|
Investment approach
Supplier of products and services for the mining
 aprox. 75% of the SK’s Consolidated EBITDA
comes from the exposure to the mining activities
 Strategic Focus: Provide products and
services for the mining and industry
 Involved in the main stages of the mining
value chain
1
MINING
DEVELPOMENT
2
MINING OPERATION
ORE
PROCESSING
4
3
SALES & LOGISTICS
…
Anglo American - Minera Los Bronces:
1
Codelco – Andina:
1
BHP Billiton - Minera Escondida:
1
+2 +
+2 +
+2 +
3
3
3
+
+
4
4
5
Results as of Jun-15

Agenda
01
02
03
04
General
Background
Main
SK’s subsidiaries
Financial
Consolidated
Highlights
Exhibits
figures
6
Results as of Jun-15

Highlights as of June 2015
Consolidated Income Statement
Sales
EBITDA (1)
EBITDA Margin
EBITDA Pro Forma
(2)
Profit (Loss)
Sigdo Koppers Net Profit (non
recurrent)
Total Assets
Figures in ThUS$
 The consolidated revenues droped in
Var.
Jun-14
Jun-15
1.296.299
1.176.346
-9,3%
191.121
186.120
-2,6%
14,7%
15,8%
218.590
211.140
-3,4%
110.549
96.997
-12,3%
70.340
65.069
-7,5%
Dec-14
3.428.052
Jun-15
3.549.774
1.602.489
US$120 millon

US$89 millon explained by a
lower activity in ICSK

US$34 million
exchange rate
explained
by
 Sigdo Koppers’ consolidated EBITDA was
US$186 million as at June 2015, a decline
of 2.6%. Nonetheless, the EBITDA margin
rose from 14.7% to 15.8%, a reflection of
the cost control efforts in several of the
companies.
Var.
3,6%
 The net profit totaled US$65 million, a
1.585.550
-1,1%
787.549
855.445
8,6%
decrease of 7.5% compared to the close of
the previous year.
2,15
2,37
ROE
11,23%
10,85%
ROCE
9,39%
8,82%
Total Equity
(3)
Deuda Financiera Neta
Deuda Financiera Neta/ EBITDA
 Sigdo Koppers has a good consolidated
cash liquidity of US$312 million and a
conservative level of consolidated debt.

The net financial debt-to-EBITDA ratio is
2.37x
EBITDA = Ganancia Bruta + Otros Ingresos por Función – Costos de Distribución - Gastos de Administración – Otros Gastos por
Función + Gastos de Depreciación y Amortización
(1)
(3)
EBITDA Pro-forma: considera las utilidades de empresas relacionadas que no consolidan.
7
Results as of Jun-15

Level of Activity - Physical Sale
Commercial & Automotive
Services
Industrial
Ing. y Construcción
Enaex
SK Comercial
SK Rental
(MTons)
(units)
Fleet (US$MM)
(millions Men Hours)
Puerto Ventanas
Magotteaux
SKBergé
(Mtons)
(Tons)
(units)
-0,6%
8
8
Results as of Jun-15
EBITDA Pro-Forma

By business area : Jun-14 v/s Jun-15 (US$ Thu)
EBITDA Pro-Forma
by business area
-3,4%
Lower EBITDA
Pro-Forma en CLP
(-42.6%)
Lower performance in
rental business
outside Chile
Higher EBITDA
due to Britanie
consolidation
Favorable exchange
rate conditions
Services
Industrial
Increased
Revenue and
operational
efficiency in Port
Business
Better performance in
both castings and
grinding balls.
Less IT
expenses
Commercial y
Automotive
9
9
Results as of Jun-15

Capex & Investments
Capex & Investments
by Business Area
Services Area
Jun-14
Jun-15
Major investments in fixed assets:
MUS$
MUS$
 Puerto
7.489
12.320
Ingeniería y Construcción SK
3.409
4.366
Puerto Ventanas
4.080
7.954
47.028
121.280
Enaex
14.676
104.872
Magotteaux
32.352
16.408
SK Inv. Petroquímicas
-
-
Commercial y Automotrive Area
8.310
207
8.310
207
Industrial Area
SK Comercial
SKIA
Total
(1)
-
-
62.828
133.807
Ventanas: Begins construction of
warehouse for copper concentrate capacity of
46,000 Tons (US $ 21 million investment)
 Enaex:
 Acquisition of 66.7% of the Brazilian company
Britanite (total investment US $ 85 million)
 New Plant for cartridged emulsions in Rio Loa
de 14.400 Tons/year
million)
(Investment US$ 11
 SK Comercial: Lower investment in SK Rental’s
fleet, lower activity.
(1) Capex Neto: El Capex de SKC incluye la venta de maquinaria usada de SK Rental
10
10
Results as of Jun-15

Conservative Financial Profile
Financial Net Debt/EBITDA
Financial Debt
Matriz
2,37x
Servicios
Current 32%
Industrial
Non Current  68%
Comercial y
Automotriz
US$ 1.167 millon – Consolidated
US$ 855 millon – Financial Net Debt
Cash (US$ millon)
Financial Key Indicators
 Consolidated Leverage :
1,24x
 Financial Net Leverage :
0,53x
 Financial Net Debt/EBITDA:
2,37x
 Rating: A+ (Feller-Rate, Fitch-Ratings)
11
11
Results as of Jun-15
Agenda
01
02
03
04
General
Background
Main
SK’s subsidiaries
Financial
Consolidated
Highlights
Exhibits
figures

Results as of Jun-15

Ingeniería y Construcción SK
Ingeniería y Construcción Sigdo
Koppers
Revenue
EBITDA
Jun-14
MM$
183.268
14.439
Jun-15
MM$
136.039
7.376
EBITDA Margin
7,9%
5,4%
EBITDA Pro-Forma (*)
22.619
12.975
Controller's net profit
11.794
5.207
Hours
(Thu)
15.658
Hours
(Thu)
11.467
Total man-hours executed
Var.
%
-25,8%
-48,9%
2Q14
MM$
89.028
7.862
2Q15
MM$
84.792
4.827
8,8%
5,7%
-42,6%
12.214
6.986
-42,8%
-55,9%
5.946
2.085
-64,9%
Hours
(Thu)
7.821
Hours
(Thu)
6.356
Var.
-26,8%
Var.
%
-4,8%
-38,6%
Var.
-18,7%
 ICSK reached 11.5 million man-hours (-27%), reflecting a drop in
activity, particularly in the mining sector.
 Its net profit totaled CH$5.2 billion (US$8 million), a decrease of
56% in pesos compared to the first semester of 2014.
 Pro-Forma EBITDA (*) $12,975 millon (-43%)
 The backlog as of June 2015 was US$651 million.
 Award of the SIC-SING interconnection project that will
entail an investment of close to US$320 million.
 Backlog distribution: Chile (88%) & Perú (12%).
(*) EBITDA Pro-Forma: EBITDA + Related company profit
13
Results as of Jun-15

Puerto Ventanas
Puerto Ventanas
Consolidated
Jun-14
Jun-15
Var.
2Q14
2Q15
Var.
Thu US$
Thu US$
%
Thu US$
Thu US$
%
Revenue
70.356
67.198
-4,5%
35.026
33.294
-4,9%
EBITDA
22.694
22.890
0,9%
11.082
10.714
-3,3%
32,3%
34,1%
31,6%
32,2%
Controller's net profit
12.146
13.129
8,1%
5.905
5.928
0,4%
PVSA - Tons transferred
2.982.856
3.047.006
2,2%
1.458.524
1.449.700
-0,6%
618.248
612.882
-0,9%
311.172
307.592
-1,2%
EBITDA Margin
Fepasa - Th Ton-Km
Puerto Ventanas
 3,047,006 tons (+2%) transfered as of Jun-15
 Coal (+11%)
 Clinker (+53%)
 Cooper Concentrate (-9%)
 Revenues from the Port Business grew 2%
compared to Jun-14
 Port business EBITDA increased 12% due to higher
operating efficiency and more favorable exchange
rate.
 EBITDA Margin: 58%
 PVSA Holds a market share of 68% in solid bulk
cargo transfer as of June 2015
Fepasa
 Fepasa carried a total of 612,289 Ktons-Km of
cargo 2Q15 (-1%)
 Mining cargo (21% of total transported): +4%
in Ton/Km
 Forestry
cargo (pulp): (54%
transported): +1% in Ton/Km
of
total
 Fepasa consolidated EBITDA reached US$5
millions (-12% in pesos)
 EBITDA Margin: 14%
 Fepasa signed a contract with Anglo American to carry
copper concentrate via railroad from Las Tortolas Plant
(Los Andes) to Puerto Ventanas, beginning operations
in 2017.
14
Results as of Jun-15

Enaex
Jun-14
Enaex
Revenue
EBITDA
EBITDA Margin
Control l er's net profi t
Jun-15
Thu US$
303.123
78.061
Thu US$
346.644
81.265
25,8%
23,4%
51.428
49.775
Var.
%
14,4%
4,1%
-3,2%
2Q14
2Q15
Thu US$
155.705
37.474
Thu US$
190.860
43.201
24,1%
22,6%
24.251
26.086
Var.
%
22,6%
15,3%
7,6%
 Enaex recorded revenues of US$347 million (+14%)
 Physical sales totaled 448 Ktons(+8%)
 Increase of 14% in physical sales in the rock blasting services
business compared to 2Q14.
 The average price of ammonia reach US$483/ton
(-4%)
 The consolidated EBITDA of Enaex was US$81 million (+4%)
Physical Sales Evolution (Thu tons)
 Enaex recorded a net profit of US$50 million (-3%)
 Enaex agreed to buy Davey Bickford, a global manufacturer
and distributor of electronic detonators for the explosives
industry at $ 103 million Euros.
 Enaex bought 66,7% share of Xion Participacoes, for US$85
million. Enaex now controls 100% of the Brazilian company IBQ
(Britanite).
15
Results as of Jun-15

Magotteaux
Magotteaux Group (1)
Revenue
EBITDA
EBITDA Margin
Controller's net profit
Jun-14
MUS$
404.262
37.238
Jun-15
MUS$
368.212
42.362
Var.
%
-8,9%
2Q15
MUS$
176.767
21.763
Var.
%
-15,5%
13,8%
2Q14
MUS$
209.310
28.430
9,2%
11,5%
0,0%
13,6%
12,3%
0,0%
12.747
15.943
25,1%
5.768
8.241
42,9%
-23,4%
 Consolidated income totaled US$368 million as of 2Q15 (-9%)
Magotteaux Group
 Physical sales totaled 191 Ktons (-1%)
 164,415 tons of mill balls (-2%) (76% in mining)
 26,123 tons of castings (57% in cement, 30% in agregates)
Mill Ba lls
Ca s ting
Total
(1)
(1)
Jun-14
Jun-15
Tons
Tons
Var.
%
167.247
164.415
-1,7%
24.408
26.123
7,0%
191.655
190.537
-0,6%
Consolidated figures of Magotteaux & SK Sabo Chile S.A.
 EBITDA amounted to US$42 millions as of Jun-15 (+14%)
 Better performance and margins in the business lines of casting
and grinding balls
 Lower SG&A – reorganization process
 The company earned a net profit of US$16 millions as of
2Q15.
 Start-up phase of the new HiCr ball production plant in
Thailand that will have a capacity to produce 50,000 tons.
16
Results as of Jun-15

SK Comercial
Jun-14
MUS$
189.277
Jun-15
MUS$
179.042
Var.
%
-5,4%
2Q14
MUS$
91.134
2Q15
MUS$
91.143
Var.
%
0,0%
Distribution Business
Rental Business
126.481
132.170
4,5%
59.553
71.088
19,4%
80.106
71.162
-11,2%
40.948
34.510
-15,7%
Consolidation adjust
-17.310
-24.290
40,3%
-9.367
-14.455
54,3%
31.386
30.462
-2,9%
15.430
14.733
-4,5%
16,6%
17,0%
16,9%
16,2%
2.771
2.356
1.001
916
SK Comercial
Revenue
EBITDA
EBITDA Margin
Controller's net profit
-15,0%
-8,5%
 Consolidated revenues totaled US$180 millions (-5%)
 The machinery distribution business sold 1,054 units (+4%).
Distribution of SK Rental Fleet by Country (US$)
 SK Rental revenue dropped 11% compared to 2Q14 (FX impact)
 SK Rental Consolidated fleet reaches 4,848 units (valued at US $ 248
millions)
 Consolidated EBITDA reached US$31 millions (-3%)
 Consolidated EBITDA Margin of 17%
 The net profit of SK Comercial totaled US$2.4 millions
 This result is composed of a lower yield in machinery rental business in
Chile (SK Rental) and lower business performance in Distribution
Services.
17
Results as of Jun-15

SK Inversiones Automotrices
SK Inversiones
Automotrices
Controller's net profit
Jun-14
MM$
7.099
Jun-15
MM$
9.743
 SKIA recorded revenues of MCH$9,743 (US$16
millions) (+37%).
Var.
%
37,2%
2Q14
MM$
3.647
Chile
2Q15
MM$
5.320
Var.
%
45,9%
Perú
 Result affected by favorable exchange rate.
 SKBergé sold 35,162 units, showing an
decrease of 10% compared to 1H14.
 Lower performance in overseas sales 18,074
units (-1%)
Colombia
Argentina
 ANAC recorded sales of 130,493 units in Chile
at the end of 2Q15 (-21%).
 High growth potential in countries with low
density of cars like Peru and Colombia
18
Results as of Jun-15

Summary highlights of SK Companies – 2Q15
 Ingeniería y Construcción Sigdo Koppers:
 The award of the SIC-SING interconnection project that will entail an investment of close to US$320 million.
 ICSK maintains a high level of backlog and remains expectant of new project awards
 Puerto Ventanas:
 High operational efficiency in the Port Business
 New investments in development stage in the port in Quintero. Pipeline: new projects in the railway business
 Enaex:
 Significant growth in the service business (rock fragmentation) in Chile (new award of Collahuasi)
 Important new investments in the Rock Fragmentation Services business (Davey Bicford & Britanite)
 Magotteaux:
 Successful implementation of the reorganization plan. Benefits will materialize during 2015 and 2016.
 Best performance in castings
 SK Comercial:
 Slight recovery in the Distribution of machinery business
 Positive evidence ability to adapt to low investment cycles thru inventory reduction and reduced size of the rental
fleet.
 SKBergé:
 Lower decreased in units of SKBergé vs market - Increased market share
 Diversification of currency, market and brand is a protection in low business cycles
19
Results as of Jun-15
Agenda
01
02
03
04
General
Background
Main
SK’s subsidiaries
Financial
Consolidated
Highlights
Exhibits
figures

Results as of Jun-15

Income Statement of Sigdo Koppers
Figures in ThUS$
Sigdo Koppers
Consolidated Income Statement
Sales
Sales expenses
Gross income
Other operating income
Distribution costs
Jun-14
Jun-15
Var.
1.296.299
1.176.346
-9,3%
-1.006.232
-903.054
10,3%
290.067
273.292
-5,8%
7.876
7.275
-7,6%
-46.936
-42.889
8,6%
-117.209
-108.209
7,7%
-2.593
-2.166
16,5%
Operating income
131.205
127.303
-3,0%
EBITDA
191.121
186.120
-2,6%
14,7%
15,8%
2.538
1.976
-22,1%
-27.055
-24.582
9,1%
Related companies income
27.469
25.020
-8,9%
Exchange differentials
-1.882
-15.986
-749,4%
581
9.465
1529,1%
1.480
-269
-118,2%
7
0
134.343
122.927
-8,5%
-23.794
-25.930
-9,0%
110.549
96.997
-12,3%
0
-
110.549
96.997
-12,3%
70.340
65.069
-7,5%
40.209
31.928
-20,6%
110.549
96.997
-12,3%
Administrative expenses
Other operating expenses
% EBITDA Margin
Interest income
Interest expenses
Price - level restatement
Other income (losses)
Gain (losses) between book value and fair value
(financial assets)
Income before taxes
Income tax
Income
Gain (losses) from uncontinnued operations
Net income
Income attributable to Sigdo Koppers
Income a ttri butabl e to non-control l i ng
i nteres ts
Net income
21
Results as of Jun-15

Revenue of Sigdo Koppers
Revenue
Business Areas
Services
Figures in ThUS$
Jun-14
Jun-15
Figures in ThUS$
Var.
2Q14
2Q15
Var.
401.787
286.252
-28,8%
195.658
170.276
-13,0%
331.431
219.054
-33,9%
160.632
136.982
-14,7%
70.356
67.198
-4,5%
35.026
33.294
-4,9%
709.296
716.615
1,0%
365.958
368.494
0,7%
Enaex
303.123
346.644
14,4%
155.705
190.860
22,6%
Magotteaux (1)
404.262
368.212
-8,9%
209.310
176.767
-15,5%
1.911
1.759
-8,0%
943
867
-8,1%
189.277
179.042
-5,4%
91.134
91.143
0,0%
189.277
179.042
-5,4%
91.134
91.143
0,0%
Ingeniería y Construcción SK
Puerto Ventanas
Industrial
SK Inv. Petroquímicas
Commercial & Automotive
SK Comercial
SKIA
(2)
Parent company & adjustment (3)
Consolidated Sales
(1)Magotteaux’s
-
-
-
-
-
-
-4.061
-5.563
37,0%
-2.610
-4.005
53,4%
1.296.299
1.176.346
-9,3%
650.140
625.908
-3,7%
figures include income of SK Sabo Chile S.A.
companies through which Sigdo Koppers controls Magotteaux.
The profits attributable to the controller were adjusted in the different
(2)
SK Inversiones Automotrices S.A. (SKIA) does not account for the income of SKBergé because it holds 40% of its shares and, therefore,
does not consolidate its financial statements.
(3)
Eliminations and adjustments as of December are mainly the result of consolidated intercompany eliminations.
22
Results as of Jun-15

EBITDA of Sigdo Koppers
EBITDA
Business Areas
Services
Figures in ThUS$
Jun-14
Jun-15
Figures in ThUS$
Var.
2Q14
2Q15
Var.
48.805
34.766
-28,8%
25.274
18.509
-26,8%
Ingeniería y Construcción SK
26.111
11.876
-54,5%
14.192
7.795
-45,1%
Puerto Ventanas
22.694
22.890
0,9%
11.082
10.714
-3,3%
116.531
124.710
7,0%
66.507
65.489
-1,5%
Enaex
78.061
81.265
4,1%
37.474
43.201
15,3%
Magotteaux (1)
37.238
42.362
13,8%
28.430
21.763
-23,4%
SK Inv. Petroquímicas
1.232
1.083
-12,1%
603
525
-12,9%
Commercial & Automotive
31.345
30.422
-2,9%
15.410
14.715
-4,5%
31.386
30.462
-2,9%
15.430
14.733
-4,5%
-41
-40
-2,1%
-20
-18
-10,0%
-5.561
-3.778
-32,1%
-8.546
-2.196
-74,3%
Consolidated EBITDA
191.121
186.120
-2,6%
98.645
96.517
-2,2%
EBITDA Margin
Consolidated pro-forma EBITDA
14,7%
218.590
15,8%
211.140
-3,4%
15,2%
113.221
15,4%
108.715
-4,0%
Industrial
SK Comercial
SKIA
(3)
Parent company & adjustment
(1)
Magotteaux’s figures through December include the EBITDA of SK Sabo Chile S.A.
(2)
SK Inversiones Automotrices S.A. (SKIA) does not account for the EBITDA of SKBergé because it owns 40% of its shares and, therefore, it
does not consolidate its financial statements.
(3)
Pro Forma EBITDA = EBITDA + Related Company Profits
23
Results as of Jun-15

Net Profit of Sigdo Koppers
Total Companies
Net profit
Business Areas
Figures in ThUS$
Jun-14
Services
% SK
Jun-15
Var.
33.474
21.512
-35,7%
Ingeniería y Construcción SK
21.328
8.383
-60,7%
Puerto Ventanas
12.146
13.129
8,1%
64.859
66.506
2,5%
Enaex
51.428
49.775
-3,2%
Magotteaux (1)
12.747
15.943
SK Inv. Petroquímicas (2)
684
Commercial & Automotive
Industrial
SK Comercial
SKIA
SK companies profit
Jun-15
Attributable to parent company
Figures in ThUS$
Jun-14
Jun-15
Var.
19.130
11.118
-41,9%
60,43%
13.056
5.065
-61,2%
50,01%
6.074
6.053
-0,3%
44.578
45.495
2,1%
60,72%
31.228
30.224
-3,2%
25,1%
95,00%
12.666
14.619
15,4%
788
15,2%
74,59%
684
652
-4,7%
15.614
18.044
15,6%
15.214
17.708
16,4%
2.771
2.356
-15,0%
85,77%
2.376
2.020
-15,0%
12.843
15.688
22,2%
99,99%
12.838
15.688
22,2%
113.946
106.062
-6,9%
78.922
74.321
-5,8%
-8.582
-9.252
70.340
65.069
Parent company & adjusments
Total consolidated profit
(1)
Magotteaux’s figures include income of SK Sabo Chile S.A. The profits attributable to the controller were adjusted in the different companies through
which Sigdo Koppers controls Magotteaux.
(2)
The profit of CHBB was adjusted in SK Inversiones Petroquímicas S.A. through which Sigdo Koppers controls CHBB.
-7,5%
(3) Extraordinary effect associated with the sale of Sigdopack in September 2013.
24
Results as of Jun-15

Cash Flow of Sigdo Koppers
Consolidated
Cash Flow
Figures in ThUS$
Jun-14
Jun-15
Var.
Operating cash flow
152.840
176.714
15,6%
Investment cash flow
-71.919
-145.525
102,3%
-72.771
-59.152
-18,7%
1.441
1.236
-14,2%
Capex
Fixed assets sales
Other
Finance cash flow
-589
-87.609 14774,2%
-61.062
47.557
-177,9%
7.650
120.072
1470%
Interest
-18.472
-16.437
-11,0%
Dividends
-66.129
-60.003
-9,3%
3.378
12.511
242
3.683
-92,8%
-70,6%
19.859
78.746
-296,5%
-433
-4.887
1028,6%
234.823
309.097
31,6%
Net variation in financial liabilities
Capital increased
Other
Total net cash flow
Effect of exchange rate changes
Cash and cash equivalent
25
Results as of Jun-15
Balance Sigdo Koppers
Consolidated Balance Sheet

Figures in ThUS$
Dec-14
Jun-15
Var.
Current Assets
Cash and cash equivalent
237.470
311.907
31,3%
Account and sales receivables
559.715
555.204
-0,8%
Inventories
311.007
317.110
2,0%
Other current assets
54.256
61.724
13,8%
1.162.448
1.245.945
7,2%
Property, plants & equipment
1.181.320
1.195.467
1,2%
Other long-term assets
1.084.284
1.108.362
2,2%
Total long-term assets
2.265.604
2.303.829
1,7%
Total assets
3.428.052
3.549.774
3,6%
Total current assets
Long-term assets
Current liabilities
Short-term financial debt
306.441
369.084
20,4%
Accounts payable
272.273
295.286
8,5%
Other current liabilities
155.592
166.687
7,1%
734.306
831.057
13,2%
Long-term financial debt
718.578
798.268
11,1%
Other long-term liabilities
373.429
334.899
-10,3%
Total long-term liabilities
1.092.007
1.133.167
3,8%
Total liabilities
1.826.313
1.964.224
7,6%
1.198.855
1.192.852
-0,5%
403.634
392.698
-2,7%
Total equity
1.602.489
1.585.550
-1,1%
Total liabilities and equity
3.428.802
3.549.774
3,5%
Total current liabilities
Indicators
Net Financial Debt
Working Capital
Working Capital Days
Days of Consolidated Inventory
Accounts Receivable (Days)
Accounts Payable Days
787.549
598.449
87
58
82
51
855.445
577.028
89
63
85
58
Long-term liabilities
Equity
Attributable to the controller
Attributable to non-controlling interests
26
D
Results as of Jun-15

Revenue by country (incl. SK Bergé)
 As of december 2014
Ventas
Áreas de Negocios
Chile
Perú
MUS$
Área Servicios
MUS$
Colombia
Brasil
Asia
MUS$
MUS$
MUS$
MUS$
MUS$
MUS$
Ingeniería y Construcción SK
83,7%
16,3%
-
-
-
-
-
-
Puerto Ventanas
100%
-
-
-
-
-
-
-
13,1%
15,4%
3,9%
-
-
-
-
-
3,7%
Magotteaux
13,1%
-
-
12,4%
18,0%
24,0%
28,4%
4,1%
100%
30,1%
SK Comercial
80,2%
SKIA
53,4%
60,7%
Ventas Empresas SK
-
-
9,2%
0,5%
15,9%
1,1%
2,8%
33,4%
11,2%
16,8%
4,5%
-
2,6%
9,8%
0,0%
-
58,5%
6,8%
0,0%
96,3%
Área Comercial y Automotriz
0,0%
0,0%
Enaex
SK Inv. Petroquímicas
0,0%
0,0%
Otros Países
12,9%
51,0%
0,0%
Europa
87,1%
Área Industrial
0,0%
Norte
America
0,0%
0,0%
0,0%
-
-
-
-
-
-
3,4%
4,5%
5,3%
1,6%
2,0%
2,1%
As of June 2015
27
Asesores Financieros
Results Presentation