Results of non-financial corporations in 2016 and in the first three quarters of 2017

Artículo de revista

Detalles Bibliográficos
Autor: Menéndez Pujadas, Álvaro
Tipo de recurso: artículo
Fecha de publicación:2017
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/8915
Acceso en línea:https://repositorio.bde.es/handle/123456789/8915
Access Level:acceso abierto
Palabra clave:Informes trimestrales de la Central de Balances
Coyuntura económica
Análisis financiero
Estudios industriales
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spelling Results of non-financial corporations in 2016 and in the first three quarters of 2017Menéndez Pujadas, ÁlvaroInformes trimestrales de la Central de BalancesCoyuntura económicaAnálisis financieroEstudios industrialesArtículo de revistaAccording to the CBA and CBQ surveys, non-financial corporations as a whole continued to create employment in 2016 and in the first nine months of 2017, as did most sectors and most of the firms individually. As regards business activity, the main surpluses grew significantly in 2016, resulting in an increase in aggregate ordinary net profit. The favourable behaviour of extraordinary costs and revenues also contributed to the increase in net profit. By contrast, in the first three quarters of 2017, gross value added and ordinary net profit continued to grow, but at more moderate rates than in the previous year, owing to the adverse effects of the behaviour of some large firms with a high weight in the quarterly sample, which led to a slight decrease in aggregate profitability. Also, during the first nine months of this year, non-recurring items had a negative impact, leading to a sharp contraction in net profit. Lastly, average debt ratios continued to decline in 2016, while in the first three quarters of 2017 they rose slightly. Driven by the lower cost of borrowing, the debt burden declined in both periods. The article includes two boxes, the first of which analyses the performance of SMEs relative to larger firms in 2016, and the second the results and financial position of Spanish consolidated groups in 20162017info:eu-repo/semantics/articleapplication/pdfhttps://repositorio.bde.es/handle/123456789/8915reponame:Repositorio Institucional del Banco de Españainstname:Banco de EspañaInglésEconomic Bulletin / Banco de España, 4/2017Versión en español 123456789/8286info:eu-repo/semantics/openAccessoai:repositorio.bde.es:123456789/89152026-06-20T12:44:27Z
dc.title.none.fl_str_mv Results of non-financial corporations in 2016 and in the first three quarters of 2017
title Results of non-financial corporations in 2016 and in the first three quarters of 2017
spellingShingle Results of non-financial corporations in 2016 and in the first three quarters of 2017
Menéndez Pujadas, Álvaro
Informes trimestrales de la Central de Balances
Coyuntura económica
Análisis financiero
Estudios industriales
title_short Results of non-financial corporations in 2016 and in the first three quarters of 2017
title_full Results of non-financial corporations in 2016 and in the first three quarters of 2017
title_fullStr Results of non-financial corporations in 2016 and in the first three quarters of 2017
title_full_unstemmed Results of non-financial corporations in 2016 and in the first three quarters of 2017
title_sort Results of non-financial corporations in 2016 and in the first three quarters of 2017
dc.creator.none.fl_str_mv Menéndez Pujadas, Álvaro
author Menéndez Pujadas, Álvaro
author_facet Menéndez Pujadas, Álvaro
author_role author
dc.subject.none.fl_str_mv Informes trimestrales de la Central de Balances
Coyuntura económica
Análisis financiero
Estudios industriales
topic Informes trimestrales de la Central de Balances
Coyuntura económica
Análisis financiero
Estudios industriales
description Artículo de revista
publishDate 2017
dc.date.none.fl_str_mv 2017
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://repositorio.bde.es/handle/123456789/8915
url https://repositorio.bde.es/handle/123456789/8915
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Economic Bulletin / Banco de España, 4/2017
Versión en español 123456789/8286
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositorio Institucional del Banco de España
instname:Banco de España
instname_str Banco de España
reponame_str Repositorio Institucional del Banco de España
collection Repositorio Institucional del Banco de España
repository.name.fl_str_mv
repository.mail.fl_str_mv
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