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| Annual Report 2012 - 2013
Universidad de las Américas Puebla
ADMINISTRATION IMPROVEMENT
ADMINISTRATION IMPROVEMENT
FINANCIAL SITUATION
The financial statements for 2012 (currently being
audited) and 2011 (audited) reflect our increasingly
solid financial stability.
• We have the ability to cover short-term obligations
with current assets, while having a positive work-
ing capital.
• Cash and equivalents represent 80% of short-
term obligations.
• Investments in property, furniture and equipment
were carried out with our own funds for 45.3 and
46.3 million respectively.
• Advanced payments of long-term debt were made,
decreasing the amount of debt by 42.4% com-
pared to the balance at the end of 2011.
The operating income in 2012 has a profit of 31.5 mil-
lion pesos (compared to 26.2 million pesos in 2011).
The profit is mainly due to an increase in revenue
from tuition, our main activity, as well as to opera-
tional efficiencies and control of unnecessary Uni-
versity expenses.
Below are the University´s Income Statement and
Balance Sheet (not audited for 2012 and audited for
2011).
