Company Information

  

Address: ALICIA MOREAU DE JUSTO 50  
City: BUENOS AIRES 
State:  
Zip Code: C1107AAB 
Telephone: 54-11-4968-3631 

Description of Business

Primary SIC Code: 4813
(As filed with the SEC)  

Nortel Inversora S.A. was organized by a consortium of Argentine and international investors to acquire a controlling interest in the common stock of Telecom as the first step in Argentina's privatization of its fixed-link public telecommunications services and basic telephone services. See "Item 7--Major Shareholders and Related Party Transactions." As of December 31, 2016, Nortel owned approximately 54.74% of the common stock of Telecom Argentina. Because Telecom Argentina owns 15,221,373 of its own Class B Shares as of the date of this Annual Report, our ownership of the outstanding shares amounts to 55.60%. Nortel's sole substantial activity is owning such stock and its sole substantial source of cash income is cash dividends paid on such stock. See "Item 10--Additional Information--Bylaws and Terms and Conditions of Issuance of Series B Preferred Shares--Nortel's Capital Stock.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20164.100.5976.36
12/20153.51NA4.26

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.37Total Liab/Total Assets0.78
Net Inc/Total Assets0.08Total Liab/Inv Cap1.32
Net Inc/Inv Cap0.14Total Liab/Comm Equity3.45
Pretax Inc/Net Sales0.10Interest Coverage Ratio2.72
Net Inc/Net Sales0.07Curr Debt/Equity0.30
Cash Flow/Net Sales0.21LTD/Equity0.82
SG&A/NetSales0.56Total Debt/Equity1.12
Asset Utilization   Liquidity  
Net Receivables Turnover6.22Quick Ratio0.87
Inventory Turnover3.83Current Ratio0.95
Inventory Day Sales0.02Net Rec/Curr Assets0.55
Net Sales/Work Cap-59.11Inv/Curr Assets0.08
Net Sales/PP&E2.30  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 3,369.00 3,132.00 3,944.00 4,196.00
Cost of Goods Sold 479.00 471.00 640.00 687.00
Selling & Admin Exps 1,893.00 1,771.00 2,219.00 2,266.00
Operating Income 493.00 479.00 641.00 690.00
Interest Exp 205.00 172.00 142.00 129.00
Pretax Income 353.00 397.00 674.00 770.00
Other Income 65.00 90.00 175.00 181.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 252.00 265.00 440.00 492.00

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 364.00 183.00 125.00 832.00
Receivables - Total 543.00 541.00 567.00 558.00
Inventories - Total 81.00 169.00 85.00 118.00
Total Current Assets 987.00 894.00 777.00 1,509.00
Net Property, Plant & Equipment 1,464.00 1,388.00 1,631.00 1,722.00
Total Assets 3,032.00 2,977.00 3,131.00 3,562.00
Liabilities        
Accounts Payable 788.00 985.00 966.00 1,284.00
Debt in Current Liabilities 206.00 267.00 21.00 2.00
Total Current Liabilities 1,044.00 1,309.00 1,077.00 1,394.00
Long-Term Debt 556.00 116.00 30.00 34.00
Total Liabilities 2,350.00 2,236.00 2,165.00 2,549.00
Stockholder's Equity        
Minority Interest 577.00 622.00 798.00 844.00
Preferred Stock NA NA NA NA
Common Stock NA NA NA NA
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 682.00 742.00 967.00 1,013.00
Total Liabilities and Stockholders' Equity 3,032.00 2,978.00 3,132.00 3,562.00

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 716.00 527.00 676.00 1,063.00
Net Cash Provided by Investing Activities -717.00 -746.00 -1,114.00 -587.00
Net Cash Provided by Financing Activities 180.00 218.00 -147.00 -198.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20124,515.00544.00--
12/20134,196.00492.00--
12/20143,944.00440.00--
12/20153,132.00265.003.51
12/20163,369.00252.004.10
Growth Rates-7.06-17.50--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17251,917--




Report Date : 12/4/2017

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