EFE

ANNUAL REPORT 2019

1. Propiedad

Corfo
0,00 %
Treasury
100,00 %
Other shareholders
0,00 %

2. Ministerios

Company type
Empresa pública creada por ley
Related ministries
Ministry Role
MINISTERIO DE HACIENDA Tiene la misión de velar por la eficiente asignación y uso de los recursos públicos en el marco de la política fiscal.

3. Estrategia

Mission
Proveer a la sociedad de un medio de transporte confiable, eficiente, seguro y responsable con el medioambiente y sus comunidades. Comprometidos con mejorar la calidad de vida de las personas y aportar al desarrollo del país de modo sostenible financieramente.
Vision
Ser símbolo del desarrollo del país y su descentralización, entregando la mejor experiencia de servicio.
Strategic objectives
• Actitud de servicio.
• Compromiso.
• Eficiencia y eficacia.
• Innovación.
• Probidad y transparencia.

4. Giro

Economic sector
Transporte
Scope of operations
  • Nacional
Products and services sold
Transporte de pasajeros modo ferroviario (filiales), arriendo de infraestructura ferroviaria (matriz).

5. Concesiones y concesionarios

No information

6. Directorio

Board appointment mechanism
Comité Sistema de Empresas - SEP
Directory board
Name Position Profession Master Doctorate More info.
Pedro Pablo Errazuriz Domínguez Presidente Ingeniero Civil
Pontificia Universidad Católica de Chile		 Yes No
Cristian Andrés Ureta Larraín Director Ingeniero Civil
Pontificia Universidad Católica de Chile		 Yes No
Cristian Solís de Ovando Lavín Director Ingeniero Comercial
Pontificia Universidad Católica de Chile		 Yes No
Isabel Margarita Romero Muñoz Director Ingeniero Civil
Pontificia Universidad Católica de Chile		 No No
Joaquín Ignacio Brahm Barril Director Ingeniero Comercial
Pontificia Universidad Católica de Chile		 Yes No
María Eugenia Torres Henríquez Director Ingeniero Comercial
Universidad de Chile		 No No
María Verónica Morales Mena Director Ingeniero Comercial
Pontificia Universidad Católica de Chile		 Yes No
María Eugenia Rebolledo Sandoval Representante de los trabajadores y las trabajadoras Ingeniero de ejecución en transporte y tránsito
Universidad Tecnológica Metropolitana		 No No
CEO
Name Profession Master Doctorate More info.
Patricio Enrique Pérez Gómez Ingeniero Civil Industrial
Pontificia Universidad Católica de Chile		 Yes No

7. Composición de estamentos

Values are the number of people.
Directory (headlines)
Sex
Men
4
Women
4
Total
8
Nationality
Chilean
8
Others
0
Age range
<30
0
30–40
0
41–50
4
51–60
1
61–70
3
>70
0
Place of residence
RM
8
Other regions
0
Managements
Sex
Nationality
Men
9
Women
3
Total
12
Chilean
12
Others
0
Age range
Length of tenure
<30
0
30–40
5
41–50
3
51–60
1
61–70
1
>70
2
<3 years
6
3–6 years
3
6–9 years
2
9–12 years
1
>12 years
0
Total number of workers and management
Sex
Nationality
Men
376
Women
120
Total
496
Chilean
471
Others
25
Age range
Length of tenure
<30
39
30–40
247
41–50
115
51–60
43
61–70
35
>70
17
<3 years
211
3–6 years
63
6–9 years
78
9–12 years
63
>12 years
81

8. Brecha salarial

The gap is defined as the result of dividing the average salary of women by the average salary of men, multiplied by one hundred (100).
Laboral level Gap
Professional 91,00 %
Technical 66,00 %
Administrative 98,00 %
Assistant N/A

9. Filiales

Total number of subsidiaries
6
N° of associates
2
N° of related entities
2
More information
https://www.efe.cl

10. Hitos

Investments
Inauguración centro monitoreo seguridad EFE Valparaíso.
Ingreso estudio impacto ambiental proyecto nuevo puente ferroviario Biobío.
Implementación proyecto accesibilidad.
Ampliación compra trenes para EFE Sur.
New products
No hay nuevos productos.
Changes in the market
Sin cambios.
Others
Sin cambios.

11. Indicadores financieros

2018 2019 2020 2021 2022 2023
Current liquidity (current assets / current liabilities) (%) 155,58 179,93 289,36 355,04 264,50 175,74
Debt ratio (payable debt / equity) (%) -679,12 -628,23 -612,91 -627,30 -473,75 -421,44
Net profit on assets (profit before taxes / total assets) (%) -3,22 -3,27 -3,42 -4,73 -8,21 -3,74
Net profit on equity (profit before tax / equity) (%) 18,62 17,28 17,56 24,95 30,70 12,03
EBITDA (Millions of pesos) -32 068,00 -23 539,00 -33 997,00 -24 770,00 -16 280,00 -29 902,00

12. Transferencias

Transfers to the treasury
Amounts in thousands
2018 2019 2020 2021 2022 2023
Dividends N/A N/A N/A N/A N/A N/A
Income tax and 1st Cat. N/A N/A N/A N/A N/A N/A
Income DL N°2,398 of 1978 (40%) N/A N/A N/A N/A N/A N/A
Royalty N/A N/A N/A N/A N/A N/A
Reserved Law N/A N/A N/A N/A N/A N/A
Others N/A N/A N/A N/A N/A N/A
Fiscal transfers to the company due to budget laws, special laws or other laws
Amounts in thousands
2018 2019 2020 2021 2022 2023
Extraordinary capital contribution N/A N/A N/A N/A N/A N/A
Capitalization of profits N/A N/A N/A N/A N/A N/A
Other contributions 113 597 560 152 333 292 70 399 859 7 541 127 166 198 743 201 874 518

13. Estados financieros

Financial situation as of December 31
Amounts in thousands
Assets 2018 2019 2020 2021 2022 2023
Total current assets  181 461 457  237 070 789  470 262 092  780 489 320  608 951 934  432 375 344
Total non-current assets  1 446 081 082  1 525 113 338  1 607 663 400  1 970 987 211  2 173 649 523  2 293 227 290
Total assets  1 627 542 539  1 762 184 127  2 077 925 492  2 751 476 531  2 782 601 457  2 725 602 634
Liabilities and equity 2018 2019 2020 2021 2022 2023
Total current liabilities  116 638 625  131 760 718  162 518 323  219 831 388  230 227 859  246 026 325
Total non-current liabilities  1 791 940 168  1 964 027 624  2 320 529 666  3 053 451 614  3 296 887 531  3 327 500 787
Total assets  -281 036 254  -333 604 215  -405 122 497  -521 806 471  -744 513 933  -847 924 478
Total liabilities and equity  1 627 542 539  1 762 184 127  2 077 925 492  2 751 476 531  2 782 601 457  2 725 602 634
Income statement for the 12-month period ending December 31
Amounts in thousands
2018 2019 2020 2021 2022 2023
ordinary activities income  88 388 258  89 325 231  72 222 442  86 502 060  102 037 060  117 024 992
Other income  0  0  0  0  0  0
Total expenses and costs 110 621 983 108 594 341 99 487 064 100 565 908 121 315 427 143 234 834
Sales cost  87 767 293  86 648 538  77 773 311  79 721 277  95 328 949  116 397 342
Distribution costs  0  0  0  0  0  0
Administration expenses  22 854 690  21 945 803  21 713 753  20 844 631  25 986 478  26 837 492
Raw materials and consumables used  0  0  0  0  0  0
Employee benefit expenses  0  0  0  0  0  0
Depreciation and amortization expenses  0  0  0  0  0  0
Other expenses  0  0  0  0  0  0
Other gains (losses)  45 505 146  45 471 640  43 178 534  58 875 297  70 468 429  83 857 494
Gains (losses) arising from the derecognition of financial assets measured at amortized cost  2 085 209  3 024 539  2 693 085  0  0  0
Financial income  883 747  255 624  206 835  859 336  11 594 769  25 065 291
Financial costs  49 891 423  52 051 250  59 597 182  70 741 560  90 144 946  95 689 400
Impairment of earnings and reversal of impairment losses (impairment losses) determined in accordance with IFRS 9  0  0  0  0  0  0
Share of profits (losses) of associates and joint ventures accounted for using the equity method  2 037 698  -1 240 835  839 753  2 598 742  2 056 818  496 087
Foreign currency exchange gains (losses)  710 792  -99 174  3 728 162  -11 284 744  3 298 538  -11 539 054
Results of indexed units  -31 438 138  -33 727 839  -34 919 131  -96 430 507  -206 580 347  -78 009 303
Gains (losses) arising from differences between previous carrying amounts and the fair value of financial assets reclassified as measured at fair value  0  0  0  0  0  0
Accumulated gain (loss) previously recognized in other comprehensive income arising from the reclassification of financial assets from the measurement category of fair value through other comprehensive income to that of fair value through profit or loss  0  0  0  0  0  0
Profit (loss), before taxes  -52 340 694  -57 636 405  -71 134 566  -130 187 284  -228 585 106  -102 028 727
Income tax expenses  308 426  216 097  7 690  0  0  0
Profits (losses)  -52 649 120  -57 852 502  -71 142 256  -130 187 284  -228 585 106  -102 028 727
Statement of cash flows for the 12-month period ending December 31
Amounts in thousands
2018 2019 2020 2021 2022 2023
Net operating flow  -14 980 584  -12 099 291  -34 241 471  -38 663 723  -11 780 529  -30 909 524
Net investment flow  -19 925 571  -88 492 406  -232 123 082  -58 346 556  -289 962 793  -125 479 192
Net financing flow  0  99 248 654  499 585 886  348 910 907  60 016 576  84 614 334
Net increase (decrease) in cash and cash equivalents  -34 906 155  -1 343 043  229 493 171  263 185 372  -245 025 284  -60 235 328
Cash and cash equivalents at the beginning of the period  80 392 803  45 486 648  44 143 605  273 636 776  536 822 148  291 796 864
Cash and cash equivalents at the end of the period  45 486 648  44 143 605  273 636 776  536 822 148  291 796 864  231 561 536

14. Auditores y clasificadores de riesgo

External auditing firms
KPMG Auditores Consultores Limitada.
Risk classifiers
International Credit Rating Compañia Clasificadora de Riesgo Limitada. Clasificadora de Riesgo Humphreys Limitada.
National risk classification
AAA
International risk classification
NA

15. Sostenibilidad

No objectives selected.