Cine Colombia is the largest cinema film exhibition and distribution company in the country. In addition, it is the only one that has an alternative entertainment division.
Cine Colombia was created in 1927 and, currently, has 2,400 employees. It has 46 multiplex, 338 screens and 64,000 chairs in the country. It is a leader in the implementation of cutting-edge technology and has the theater with the largest number of attendees in Latin America: Centro Mayor.
In 2019, the company reached the highest number of viewers in its history: 30.7 million with a market share of 41.9%, with only 27.8% of screens. In addition, the company inaugurated the largest and most technological complex in the country with 16 movie theatres in the El Edén Shopping Center.
Cine Colombia is also recognized for being a great culture benchmark with its Alternative Content presentations, as well as continuing with a strong social responsibility plan through its “Route 90”, that has traveled Colombia since 2017, bringing emotions to more than 390,000 attendees in 493 towns.
Cine Colombia financial information
Figures expressed in billions of Colombian pesos (COP).
Valorem managerial calculations.
(*) It does not take into account Income corresponding to the distribution of films for $12,877 million, which is also a cost (pass-through) for the company.
(**) EBITDA adjusted with respect to the IFRS 16 standard (management of long-term leases as financial leasing).
It should be noted that only the EBITDA indicator was homologated, so that other items such as net profit and assets are not strictly comparable due to the application in 2019 of the IFRS 16 standard.