Celebrating 10 Years at BM&FBOVESPA
33
Net financial result
In 2015, the Company reported a negative Net
Financial Result of R$ 104.6 million against the
negative R$ 93.9 million in 2014. This represented an
increase of 11.4%, and reflected the higher financial
expenses incurred over of the year, mainly due to
higher funding costs.
Net profit
The Company posted a Net Income of R$ 578.8
million in 2015, a growth of 22.8% compared to
2014, due to the factors mentioned above. Net
Margin was 10.6% against 10.2% in 2014.
Net debt/cash
On December 31, Cash and Cash Equivalents totaled R$ 737.5 million and
were largely impacted by investments in the expansion plan, dividend
payments and amortization of R$ 144.3 million of the 2011 4th issuance of
debentures. Loans and Financing totaled R$ 1,057.1 million and resulted
from capital management decisions, consisting of R$ 945.3 million related
to the debentures, R$ 24.8 million from funding with Banco do Nordeste, R$
63.8 million from the ProDesign Program with BNDES and R$ 23.2 million
of working capital and Camicado's expansion. This way, the Company's Net
Debt totaled R$ 319.6 million at the end of December 2015, compared to R$
304.4 million at the end of 2014.
Debt expenses are recorded in the "Financial Result, Net❞ line. Operational
Financing is linked to Financial Products and has its costs reflected in the
Operating Result.
Human
capital
G4-10 G4-LA12
A group of trained and
committed professionals,
aligned to Lojas Renner's
culture, is one of the main
strengths of the Company's
business. They include, in total,
17,869 employees throughout
the country who take Lojas
Renner S.A.'s enchantment to
all its stakeholders.
17,869
EMPLOYEES
all over Brazil*
Camicado
Dividends
In 2015, R$ 113.0 million was credited to shareholders in the form of
Interest on Equity, which will be further complemented by the proposed
annual dividend of R$ 118.5 million. If approved by the General Meeting
of 2016, the total compensation for 2015 will reach R$ 231.5 million,
equivalent to a dividend yield of 2.1% (considered the share price on
December 30, 2015) and a payout of 40%.
EMPLOYEES PROFILE
The Company's market capitalization, according
to the closing price on the BM&FBOVESPA, on
December 30, 2015, was R$ 10.9 billion (considering
the share price of R$ 17.10 on the same day).
Board of Directors
and Fiscal Council
Executive officers
504 Renner
60 Camicado
564
448 (67%)
216 (33%)
6,400 Renner
483 Camicado
6,909
9,462 Renner
26 Youcom
10,396
687 Camicado
247 Youcom
Under 30 years old
30 to 50 years old
Over 50 years old
Not including apprentices, interns and trainees
340 (31%)
36 (32%)
capital
1,422 (71%)
58 (60%)
572 (29%)
38 (40%)
760 (69%)
77 (68%)
4,912 (67%)
533 (64%)
112 (59%)
2,395 (33%)
302 (36%)
3,691 (70%)
125 (67%)
52 (63%)
1,610 (30%)
RENNER CAMICADO YOUCOM RENNER CAMICADO YOUCOM
61 (33%)
2
8
31 (37%)
1
5
Leadership
Administrative services
781
323
107
25
19
23
532
42
21
241
11
1
Operations services
Other (apprenticeship,
traineeship and internship)
9,646
645
119
4,067
359
77
482
22
17
288
25
10
*The numbers presented in the Company's employees profile
include all permanent employees (active, on leave, interns,
apprentices and trainees).
TOTAL**
(permanent employees)
11,233
793
164
5,133
437
109
**The total amount does not includes the Board of Directors
78 (41%)
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