2020 Annual Report
a)
2020 ANNUAL REPORT
CONSOLIDATED FINANCIAL STATEMENTS
Income and results by segment:
b)
Other information by segments:
MEGACABLE.
December 31, 2020
Cable
Internet
Telephony Business
Others (*)
Consolidated
Total
December 31, 2020
Cable
Internet
Telephony Business
Others (*)
Consolidated
Total
Service revenues
$ 9,255,286
7,205,950
1,845,857
3,906,167
169,770
22,383,030
Cost of services, and selling and
Property, networks and
equipment by segment
$ 21,758,863
5,583,059
735,557
1,993,817
1,486,851
31,558,147
administrative expenses
Earnings before other income
6,633,905
2,621,381
Other income, net
Operating profit
32,175
2,653,556
5,165,004
2,040,946
25,050
2,065,996
1,323,054
522,803
6,417
529,220
2,799,820
1,106,347
13,579
1,119,926
121,686
48,084
590
48,674
Finance cost, net
Impairment of other permanent
16,043,469
6,339,561
77,811
6,417,372
(469,121)
Acquisitions and net disposals
in the year of property, networks
and equipment
$ 4,331,290
1,111,356
146,419
396,887
295,970
6,281,922
Depreciation of fixed assets
$ 2,884,557
740,142
97,512
264,319
197,111
4,183,641
investment
Income tax
Consolidated net income
$
(88,500)
(1,335,496)
4,524,255
December 31, 2019
Cable
Internet Telephony
Business
Others (*)
Consolidated
Total
December 31, 2019
Cable
Internet
Telephony Business Others (*)
Consolidated
Total
Property, networks and
equipment by segment
$ 21,549,057
4,825,826
729,586
1,829,376
526,021
29,459,866
Service revenues
$ 8,962,186
6,622,493
1,599,141
4,256,023
175,367
21,615,210
Cost of services, and selling and
Acquisitions and net disposals
in the year of property, networks
and equipment
$ 5,161,302 1,320,656
174,746
438,161
125,989
7,220,854
administrative expenses
Earnings before other income
6,424,772
2,537,414
4,747,502
1,874,991
Other income, net
Operating profit
Finance cost, net
Income tax
Consolidated net income
$
(29,721)
2,507,693
(4,471)
1,870,520
1,146,385
452,756
75,930
528,686
3,051,037
1,204,986
323
1,205,309
125,716
49,651
1,199
50,850
15,495,412
6,119,798
43,260
6,163,058
(389,852)
Depreciation of fixed assets
$ 2,591,345
599,199
87,735
219,988
63,256
3,561,523
(1,320,611)
4,452,595
The balance as at December 31, 2019, presents the reclassification based on the accounting change of IFRS 16 "Leases" of
technical signal distribution equipment. (See Notes 10, and 17).
Some fixed assets included in the cable segment are also used in other segments, such as internet and telephony; however,
the cost of these assets is assigned only to cable.
(*) The "Others" segment is comprised primarily of revenues from megacanal, video rola, and others.
The presentation by segments previously disclosed is the same one Management used in the periodic review processes on
the Group's performance.
Taxes and financial costs are managed at the Group level and not within each of the reported segments. As a result, this
information is not presented as distributed in each segment reported. Operating profit is the key performance indicator for the
Company's management, which is reported monthly to the Chief Executive Officer.
c)
Information by geographic location:
Analysis of net income by geographic location:
77View entire presentation