INVESTMENTS IN PROPERTY, PLANT AND EQUIPMENT (CAPITAL EXPENDITURES-CAPEX)

An essential element of our business strategy has been reinvesting profits in the growth and modernization of our production facilities, simultaneously we paid cash dividends to our shareholders.

Investments have allowed us to increase the production capacity of concrete, building two new plants, expanding the capacity of these technologies through new production lines and maintenance and modernization of our equipment with the latest technology that meets all current regulations.

In our Concretos Division we have also made significant investments in modern concrete plants and the renewal of our vehicle fleet of truck mixers.

The investments described below have been financed almost entirely with its own resources arising from the cash flow from regular operations, so our company remains free of liabilities with cost.

 

Year in which the investment was made Amount invested in millions
1998 590

1999 545

2000 329

2001 305

2002 584

2003 1,182

2004 1,075

2005 859

2006 368

2007 373

2008 600

2009 1,349

2010 1,286

2011 690

2012 249

2013 312

2014 356

2015 781