Aplicación de la metodología de márgenes transaccionales de utilidad operacional en la rentabilidad obtenida por las principales compañías del sector automotriz, en el ecuador durante los ejercicios económicos 2015 y 2016.

Abstract

This degree describes the principal economics, financial effects and implications in surtax set by the Ecuadorian Government directly related through the automotive sector during the economic period 2015-2016, which purpose is to balance the principal consecuences inthe balance of payment due to the deterioration in the price of barrel of oil and the dollar apreciation against other foreing currency. The adoption of this measure origined an income decrement in the automotive sector as a response of the increase in the automotive costs, as well as its parts and pieces, added to imports quota that made the companies of the automovile sector be restricted. The implementation of imports quota and surtax generated that national production couldn't be competitive with similar sales prices in other countries, it brang as a consecuence limitation to the local produccion and unemployment increment. Based on this scenario, we proceed to analice the profitability affection of three representative companies of the automovile sector compared with the profitability of other foreing companies, as a way to demostrate such affection considering Transaccional Margins of Operating Profit method (TMOP) that is used to analyse arm's length transaccions. According our analysis in chapter IV we got the profitability of Ecuadorian Companies that were influenced on this issue was in average 6.25% when the median of the profitability obtained of independent companies of the same sector was 11.48%. This fact demostrates that the profitability is under the average and the consecuences may be profit adjustments to proceed a taxation of arm's lenght.