ADMINISTRADORA DE FONDOS DE PENSIONES CUPRUM S.A.

Income Statement Administradora de Fondos de Pensiones Cuprum S.A.

Stocks

CUPRUM

CLP009361070

Investment Management & Fund Operators

End-of-day quote Santiago S.E. 2026-08-17			5-day change	1st Jan Change
96.96 ^CLP	+2.05%		-2.06%	-43.82%

08-16	Administradora de Fondos de Pensiones Cuprum S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-02	Administradora de Fondos de Pensiones Cuprum S.A. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: ADMINISTRADORA DE FONDOS DE PENSIONES CUPRUM S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	135B	153B	159B	165B	175B
Interest And Invest. Income (Rev)	14.27B	5.7B	22.92B	26.93B	51.71B
Total Revenues	149B	159B	181B	192B	227B
Cost of Goods Sold, Total	36.15B	38.74B	44.32B	45.37B	45.36B
Gross Profit	113B	120B	137B	147B	182B
Selling General & Admin Expenses, Total	3.01B	5.37B	1.91B	2.15B	2.2B
Depreciation & Amortization - (IS)	22.42B	22.26B	20.59B	19.52B	19.43B
Other Operating Expenses	26.24B	27.38B	28.26B	28.39B	28.38B
Other Operating Expenses, Total	51.66B	55.01B	50.77B	50.05B	50.01B
Operating Income	61.55B	64.94B	86.35B	96.63B	132B
Interest Expense, Total	-269M	-491M	-198M	-	-130M
Interest And Investment Income	489M	5.84B	6.09B	4.66B	4.88B
Net Interest Expenses	220M	5.35B	5.89B	4.66B	4.75B
Income (Loss) On Equity Invest.	2.94B	3.77B	3.46B	2.8B	3.33B
Currency Exchange Gains (Loss)	-202M	153M	-271M	36.98M	-4.12M
Other Non Operating Income (Expenses)	-170M	-32.89M	134M	85.65M	279M
EBT, Excl. Unusual Items	64.34B	74.17B	95.56B	104B	140B
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	56.2M	339K	529K	28K
Asset Writedown	-	-	-998M	-	-
Other Unusual Items	-15.89M	-1.6M	-	-	-
EBT, Incl. Unusual Items	64.33B	74.23B	94.57B	104B	140B
Income Tax Expense	9.76B	7.05B	20.7B	25.17B	35.35B
Earnings From Continuing Operations	54.57B	67.17B	73.86B	79.04B	105B
Net Income to Company	54.57B	67.17B	73.86B	79.04B	105B
Minority Interest	-	-10K	-13K	-8K	-6K
Net Income - (IS)	54.57B	67.17B	73.86B	79.04B	105B
Net Income to Common Incl Extra Items	54.57B	67.17B	73.86B	79.04B	105B
Net Income to Common Excl. Extra Items	54.57B	67.17B	73.86B	79.04B	105B
Per Share Items
Net EPS - Basic	4.27	5.26	5.78	6.19	8.2
Basic EPS - Continuing Operations	4.27	5.26	5.78	6.19	8.2
Basic Weighted Average Shares Outstanding	12.78B	12.77B	12.78B	12.77B	12.77B
Net EPS - Diluted	4.27	5.26	5.78	6.19	8.2
Diluted EPS - Continuing Operations	4.27	5.26	5.78	6.19	8.2
Diluted Weighted Average Shares Outstanding	12.78B	12.77B	12.78B	12.77B	12.77B
Normalized Basic EPS	3.15	3.63	4.67	5.1	6.86
Normalized Diluted EPS	3.15	3.63	4.67	5.1	6.86
Dividend Per Share	4.68	2.98	5.72	6.03	-
Payout Ratio	156.19	36.17	110.08	92.96	74.84
Supplemental Items
EBITDA	78.13B	81.27B	103B	113B	148B
EBITA	76.87B	80.25B	102B	112B	147B
EBIT	61.55B	64.94B	86.35B	96.63B	132B
Effective Tax Rate - (Ratio)	15.17	9.5	21.89	24.15	25.24
Current Domestic Taxes	-368M	-1.11B	-392M	76.88M	26.07B
Total Current Taxes	-368M	-1.11B	-392M	76.88M	26.07B
Deferred Domestic Taxes	10.13B	8.17B	21.09B	25.09B	9.28B
Total Deferred Taxes	10.13B	8.17B	21.09B	25.09B	9.28B
Normalized Net Income	40.21B	46.36B	59.73B	65.13B	87.54B
Interest on Long-Term Debt	269M	232M	199M	154M	130M
Supplemental Operating Expense Items
Advertising Expense	2.46B	4.73B	1.59B	1.59B	1.48B
Marketing Expenses	549M	640M	319M	556M	715M
Selling and Marketing Expenses	3.01B	5.37B	1.91B	2.15B	2.2B
Research And Development Expense From Footnotes	2.47B	2.9B	1.23B	994M	1.61B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	48B	42.17B	51.42B	71.09B	93.48B
Trading Asset Securities, Total	-	-	-	38.64B	54.46B
Total Cash And Short Term Investments	48B	42.17B	51.42B	110B	148B
Accounts Receivable, Total	1.01B	2.57B	3.98B	2.61B	2.11B
Other Receivables	2.36B	3.8B	4.12B	6.14B	997M
Total Receivables	3.37B	6.36B	8.1B	8.75B	3.1B
Other Current Assets, Total	895M	607M	23.34B	2.56B	3.42B
Total Current Assets	52.26B	49.15B	82.86B	121B	154B
Gross Property Plant And Equipment	18.71B	16.87B	15.02B	14.56B	15.07B
Accumulated Depreciation	-8.47B	-8.04B	-8.8B	-9.91B	-11.44B
Net Property Plant And Equipment	10.24B	8.83B	6.22B	4.65B	3.63B
Long-term Investments	9.55B	11.31B	9.49B	10.22B	10.27B
Goodwill	264B	264B	264B	280B	280B
Other Intangibles, Total	181B	166B	150B	119B	101B
Deferred Charges Long-Term	4.13B	2.3B	3.48B	5.42B	10.09B
Other Long-Term Assets, Total	282B	284B	302B	327B	374B
Total Assets	803B	785B	818B	866B	933B
Liabilities
Accounts Payable, Total	1.2B	1.91B	1.52B	5.12B	3.72B
Accrued Expenses, Total	14.91B	15.71B	38.87B	54.68B	68.94B
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	2.35B	2.01B	2.13B	2.27B	2.54B
Current Income Taxes Payable	-	-	-	-	20.65B
Other Current Liabilities	4.42B	31.31B	5.09B	6.29B	6.14B
Total Current Liabilities	22.89B	50.95B	47.62B	68.35B	102B
Long-Term Leases	6.06B	5.4B	3.72B	1.99B	945M
Deferred Tax Liability Non Current	114B	122B	143B	168B	178B
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	143B	179B	195B	239B	281B
Common Stock, Total	635B	566B	566B	566B	566B
Retained Earnings	24.85B	40.67B	58.08B	62.12B	86.83B
Comprehensive Income and Other	-234M	-188M	-193M	-190M	-203M
Total Common Equity	660B	606B	623B	628B	652B
Minority Interest	126K	136K	149K	158K	165K
Total Equity	660B	606B	623B	628B	652B
Total Liabilities And Equity	803B	785B	818B	866B	933B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	12.77B	12.77B	12.77B	12.77B	12.77B
ECS Total Common Shares Outstanding	12.77B	12.77B	12.77B	12.77B	12.77B
Book Value / Share	51.69	47.46	48.82	49.14	51.07
Tangible Book Value	215B	177B	210B	229B	272B
Tangible Book Value Per Share	16.87	13.85	16.42	17.94	21.29
Total Debt	8.42B	7.42B	5.86B	4.26B	3.48B
Net Debt	-39.58B	-34.76B	-45.57B	-105B	-144B
Minority Interest, Total (Incl. Fin. Div)	126K	136K	149K	158K	165K
Equity Method Investments, Total	9.29B	11.05B	9.23B	9.96B	10.02B
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	276M	249M	249M	249M	249M
Machinery, Total	3B	2.47B	2.6B	3.26B	3.35B
Full Time Employees	1.28K	1.28K	1.38K	1.34K	1.32K
Accumulated Allowance for Doubtful Accounts (Supple)	26.71M	17.99M	2.21M	-	1.91M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-	67.17B	73.86B	79.04B	105B
Depreciation & Amortization - CF	3.57B	3.41B	3.58B	2.77B	2.36B
Amortization of Goodwill and Intangible Assets - (CF)	15.32B	15.32B	15.32B	15.32B	15.32B
Depreciation & Amortization, Total	18.89B	18.73B	18.9B	18.09B	17.68B
Amortization of Deferred Charges, Total - (CF)	3.53B	3.54B	1.7B	1.43B	1.75B
Other Operating Activities, Total	15.31B	-5.44B	-7.93B	-5.5B	-25.28B
Cash from Operations	37.73B	84B	86.53B	93.05B	98.86B
Capital Expenditure	-985M	-674M	-506M	-668M	-142M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.53B	-1.58B	-2.83B	-3.35B	-3.65B
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	24.08B	4.11B	11.31B	7.7B	9.05B
Cash from Investing	21.57B	1.85B	7.98B	3.69B	5.26B
Long-Term Debt Repaid, Total	-1.86B	-2.81B	-2.25B	-2.13B	-1.89B
Total Debt Repaid	-1.86B	-2.81B	-2.25B	-2.13B	-1.89B
Common Dividends Paid	-85.23B	-24.3B	-81.31B	-73.47B	-78.37B
Common & Preferred Stock Dividends Paid	-85.23B	-24.3B	-81.31B	-73.47B	-78.37B
Other Financing Activities, Total	-2.1B	-64.57B	-1.69B	-1.47B	-1.48B
Cash from Financing	-89.2B	-91.68B	-85.25B	-77.07B	-81.74B
Net Change in Cash	-29.9B	-5.82B	9.25B	19.67B	22.39B
Supplemental Items
Cash Income Tax Paid (Refund)	2.23B	-1.95B	-1.91B	-	-
Levered Free Cash Flow	5.58B	85.98B	43.19B	94.58B	136B
Unlevered Free Cash Flow	5.75B	86.29B	43.32B	94.58B	136B
Change In Net Working Capital	52.62B	-25.7B	27.91B	-18.68B	-38.15B
Net Debt Issued / Repaid	-1.86B	-2.81B	-2.25B	-2.13B	-1.89B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.61	5.11	6.73	7.17	9.15
Return on Total Capital	5.69	6.33	8.68	9.58	12.79
Return On Equity %	8.18	10.61	12.01	12.64	16.36
Return on Common Equity	8.18	10.61	12.01	12.64	16.36
Margin Analysis
Gross Profit Margin %	75.8	75.59	75.57	76.38	80.03
SG&A Margin	2.01	3.38	1.05	1.12	0.97
EBITDA Margin %	52.31	51.22	56.94	58.76	65.08
EBITA Margin %	51.47	50.57	56.03	58.29	64.75
EBIT Margin %	41.21	40.92	47.59	50.31	58
Income From Continuing Operations Margin %	36.53	42.33	40.71	41.16	46.12
Net Income Margin %	36.53	42.33	40.71	41.16	46.12
Net Avail. For Common Margin %	36.53	42.33	40.71	41.16	46.12
Normalized Net Income Margin	26.92	29.21	32.92	33.91	38.55
Levered Free Cash Flow Margin	3.74	54.18	23.8	49.25	59.9
Unlevered Free Cash Flow Margin	3.85	54.38	23.87	49.25	59.94
Asset Turnover
Asset Turnover	0.18	0.2	0.23	0.23	0.25
Fixed Assets Turnover	13.26	16.64	24.12	35.34	54.86
Receivables Turnover (Average Receivables)	30.34	85.43	48.44	50.16	74.4
Short Term Liquidity
Current Ratio	2.28	0.96	1.74	1.77	1.51
Quick Ratio	2.24	0.95	1.25	1.73	1.48
Operating Cash Flow to Current Liabilities	1.65	1.65	1.82	1.36	0.97
Days Sales Outstanding (Average Receivables)	12.03	4.27	7.53	7.3	4.91
Average Days Payable Outstanding	14.92	14.66	14.15	37.25	35.56
Long Term Solvency
Total Debt/Equity	1.28	1.22	0.94	0.68	0.53
Total Debt / Total Capital	1.26	1.21	0.93	0.67	0.53
LT Debt/Equity	0.92	0.89	0.6	0.32	0.14
Long-Term Debt / Total Capital	0.91	0.88	0.59	0.31	0.14
Total Liabilities / Total Assets	17.82	22.77	23.8	27.57	30.09
EBIT / Interest Expense	228.83	132.21	435.45	-	1.01K
EBITDA / Interest Expense	299.04	170.33	530.75	-	1.15K
(EBITDA - Capex) / Interest Expense	295.37	168.96	528.2	-	1.15K
Total Debt / EBITDA	0.1	0.09	0.06	0.04	0.02
Net Debt / EBITDA	-0.49	-0.42	-0.43	-0.92	-0.97
Total Debt / (EBITDA - Capex)	0.11	0.09	0.06	0.04	0.02
Net Debt / (EBITDA - Capex)	-0.5	-0.42	-0.44	-0.92	-0.97
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.22	6.24	14.34	5.85	18.24
Gross Profit, 1 Yr. Growth %	7.98	5.95	14.32	6.97	23.88
EBITDA, 1 Yr. Growth %	9.94	3.7	27.31	9.22	30.96
EBITA, 1 Yr. Growth %	10.01	4.4	26.68	10.11	31.33
EBIT, 1 Yr. Growth %	12.82	5.5	32.97	11.9	36.3
Earnings From Cont. Operations, 1 Yr. Growth %	19.78	23.1	9.96	7.01	32.48
Net Income, 1 Yr. Growth %	19.78	23.1	9.96	7.01	32.48
Normalized Net Income, 1 Yr. Growth %	7.61	15.28	28.84	9.04	34.41
Diluted EPS Before Extra, 1 Yr. Growth %	19.61	23.18	9.89	7.09	32.47
Accounts Receivable, 1 Yr. Growth %	-87.15	153.17	54.9	-34.46	-19.16
Net Property, Plant and Equip., 1 Yr. Growth %	-16.64	-13.85	-29.53	-25.22	-22.01
Total Assets, 1 Yr. Growth %	-7.28	-2.3	4.27	5.88	7.68
Tangible Book Value, 1 Yr. Growth %	0.52	-17.91	18.52	9.24	17.92
Common Equity, 1 Yr. Growth %	-2.13	-8.19	2.87	0.65	3.94
Cash From Operations, 1 Yr. Growth %	-66.16	122.64	3.02	7.54	6.25
Capital Expenditures, 1 Yr. Growth %	-72.05	-31.55	-25	32.02	-78.66
Levered Free Cash Flow, 1 Yr. Growth %	-94.86	1.44K	-49.77	44.98	43.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-94.71	1.4K	-49.8	44.7	43.91
Dividend Per Share, 1 Yr. Growth %	15	-36.46	92.11	5.48	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.65	7.23	10.22	10.01	11.87
Gross Profit, 2 Yr. CAGR %	-7.63	6.96	10.05	10.58	15.12
EBITDA, 2 Yr. CAGR %	-12.68	6.94	14.82	17.92	19.6
EBITA, 2 Yr. CAGR %	-12.75	7.17	15	18.11	20.25
EBIT, 2 Yr. CAGR %	-15.23	9.1	18.44	21.98	23.5
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.89	21.43	16.34	8.48	19.07
Net Income, 2 Yr. CAGR %	-11.89	21.43	16.34	8.48	19.07
Normalized Net Income, 2 Yr. CAGR %	-15.63	11.38	21.87	18.53	21.06
Diluted EPS Before Extra, 2 Yr. CAGR %	-11.89	21.38	16.35	8.48	19.11
Accounts Receivable, 2 Yr. CAGR %	-3.17	-42.96	98.03	0.76	-27.21
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.08	-15.26	-22.09	-27.41	-23.63
Total Assets, 2 Yr. CAGR %	-1.66	-4.82	0.93	5.07	6.78
Tangible Book Value, 2 Yr. CAGR %	-5.52	-9.16	-1.36	13.79	13.87
Common Equity, 2 Yr. CAGR %	-4.04	-5.2	-2.81	1.75	2.28
Cash From Operations, 2 Yr. CAGR %	-28.21	-13.2	51.44	5.25	6.89
Capital Expenditures, 2 Yr. CAGR %	21.73	-56.26	-28.35	-0.5	-46.93
Levered Free Cash Flow, 2 Yr. CAGR %	-72.6	-11.01	178.11	4.88	44.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	-72.23	-10.93	174.41	4.69	44.3
Dividend Per Share, 2 Yr. CAGR %	30.71	-14.52	10.49	42.35	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.32	-1.15	9.55	8.74	12.69
Gross Profit, 3 Yr. CAGR %	5.48	-3.31	9.36	9.02	14.85
EBITDA, 3 Yr. CAGR %	3.45	-7.43	13.29	12.92	22.11
EBITA, 3 Yr. CAGR %	3.7	-7.37	13.31	13.35	22.36
EBIT, 3 Yr. CAGR %	4.71	-8.82	16.54	16.22	26.58
Earnings From Cont. Operations, 3 Yr. CAGR %	5.6	-1.5	17.48	13.15	15.95
Net Income, 3 Yr. CAGR %	5.6	-1.5	17.48	13.15	15.95
Normalized Net Income, 3 Yr. CAGR %	4.03	-6.38	16.92	17.44	23.6
Diluted EPS Before Extra, 3 Yr. CAGR %	5.56	-1.48	17.42	13.18	15.95
Accounts Receivable, 3 Yr. CAGR %	-1.2	33.39	-20.42	36.98	-6.37
Net Property, Plant and Equip., 3 Yr. CAGR %	16.61	-6.17	-20.31	-23.14	-25.65
Total Assets, 3 Yr. CAGR %	-0.34	-1.87	-1.88	2.56	5.94
Tangible Book Value, 3 Yr. CAGR %	-2.87	-9.84	-0.74	2.05	15.4
Common Equity, 3 Yr. CAGR %	-3.12	-5.44	-2.58	-1.67	2.48
Cash From Operations, 3 Yr. CAGR %	-17.84	4.69	-8.1	35.11	5.58
Capital Expenditures, 3 Yr. CAGR %	31.51	0.47	-47.65	-12.16	-40.44
Levered Free Cash Flow, 3 Yr. CAGR %	-50.71	4.95	-26.45	156.81	16.52
Unlevered Free Cash Flow, 3 Yr. CAGR %	-50.23	4.98	-26.43	154.28	16.41
Dividend Per Share, 3 Yr. CAGR %	-7.27	2.78	11.97	8.79	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.65	2.09	7.25	3.17	10.47
Gross Profit, 5 Yr. CAGR %	1.16	1.34	7.29	2.02	11.63
EBITDA, 5 Yr. CAGR %	-2.61	-2.18	7.92	1.95	15.77
EBITA, 5 Yr. CAGR %	-2.66	-2.09	8.08	2.08	16.04
EBIT, 5 Yr. CAGR %	-3.26	-2.54	10	2.44	19.27
Earnings From Cont. Operations, 5 Yr. CAGR %	-2.83	1.93	9.77	2.37	18.11
Net Income, 5 Yr. CAGR %	-2.83	1.93	9.77	2.37	18.11
Normalized Net Income, 5 Yr. CAGR %	-3.23	-0.88	10.83	2.89	18.56
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.83	1.93	9.75	2.39	18.09
Accounts Receivable, 5 Yr. CAGR %	-2.95	22.77	30.48	19.23	-23.21
Net Property, Plant and Equip., 5 Yr. CAGR %	4.82	2.91	-0.76	-15.33	-21.66
Total Assets, 5 Yr. CAGR %	-0.5	-0.9	0.16	0.85	1.49
Tangible Book Value, 5 Yr. CAGR %	-2.03	-5.87	-2.27	-1.04	4.86
Common Equity, 5 Yr. CAGR %	-2.78	-4.06	-3	-2.63	-0.67
Cash From Operations, 5 Yr. CAGR %	-12.29	2.45	4.93	4.92	-2.38
Capital Expenditures, 5 Yr. CAGR %	-20.87	-9.47	3.15	0.09	-47.36
Levered Free Cash Flow, 5 Yr. CAGR %	-37.17	7.85	-1.52	4.92	4.61
Unlevered Free Cash Flow, 5 Yr. CAGR %	-36.8	7.92	-1.47	4.87	4.59
Dividend Per Share, 5 Yr. CAGR %	-2.42	-12.71	-0.54	17.08	-