Brazil Telefonica equity , debt, and subsidiaries

Accuracy score :
97%

Telefonica Brasil SA ADR  VIV

Summary (from latest annual report – 2014)

  • Total equity  : 16.5 billion USD
  • Market Cap is 13.7 billion USD ( last price of the stock is 8.12 USD)
  • Telefonica Brasil SA provides fixed-line telecommunications services in the State of Sao Paulo. It offers international & interregional long-distance services, as well as multimedia communication services including text, data, & voice among others
  • Equity of total company increased from 15.8 billion USD in 2013 to 16.5 billion in 2014
  • Company has 1.8 billion USD in cash on account (from latest annual report  2014 year)
  • Total equity – cash on account = 16.5 billion usd – 1.8 billion usd = 14.7 billion usd
  • In 2014 company has 1.27 billion usd long-term debt, short – term debt was 283 million usd (In 2013 company had 2.7 billion usd long-term debt , short-term debt was 571 million usd)
  • Telefonica Brasil balance sheet has become stronger  in 2014 (In latest annual report - total equity increased to 16.5 billion  USD from 15.8 in 2013, total debt decreased in 2014 to 1.55 billion usd)
  • Company's revenue increased in 2014 to 13.16 billion usd from 13.04 billion in 2013
  • Net income increased in 2014 to 1.85 billion USD from 1.39 billion usd in 2013
  • In 2014 company paid 900 million usd dividend to its shareholders
  • Telefonica Brasil stock currently has a dividend yield of 8.69%

 

Opinion about the company

Fundamentally it is a very good  company and in the future we can expect its growth (Total debt is acceptable  (1.55 billion usd), company has 1.8 billion USD in cash on account,  ROE is around  6%)

 

Telefonica Brasil SA

Telefonica Brasil SA provides fixed-line telecommunications services in the State of Sao Paulo. It offers international & interregional long-distance services, as well as multimedia communication services including text, data, & voice among others.

Company Annual General Meeting held on July 1, 2013 approved the aforementioned corporate restructuring, provided by the various wholly-owned subsidiaries/subsidiaries were concentrated in TData. Telefonica Brasil only subsidiary is Telefonica Data S.A., or TData, a wholly owned subsidiary headquartered in Brazil ( worth 2.15 billion usd)

Telefonica Brasil has interest in following companies:

  • Aliança Atlântica Holding B.V. (“Aliança”): Jointly-controlled company, with a 50% interest held by the Company, headquartered in Amsterdam
  • Companhia AIX de Participações (“AIX”): Jointly-controlled company, with 50% interest held by the Company, with head office in Brazil
  • Companhia ACT de Participações (“ACT”): Jointly-controlled company, with 50% interest held by the Company

Alianca+AIX+ACT =  45 million usd worth

In 2015 Telefonica Brasil approved the purchase of broadband provider GVT in a general assembly worth 5 billion usd

 

Total = 7.15 billion USD