SANTIAGO, Chile, July 13 /PRNewswire-FirstCall/ -- Distribucion y Servicio D&S S.A. (Latibex: XDYS) announced today the filing of its Annual Report on Form 20-F for the year ended December 31, 2006 with the Securities and Exchange Commission (SEC).
In compliance with SEC regulations, the Form 20-F 2006 will be available on our website at http://www.dys.cl/ Hard copies of the audited financial statements are available to shareholders free of charge upon request.
D&S is a group of companies whose core business is food retail through the different retail formats it has developed through the years. The core business includes the supermarkets Express by LIDER, the hypermarkets Hiper by LIDER and the new discount format under the Ekono banner. In close relationship with this retail business, the real estate division develops and manages supermarkets and shopping centers to ensure the best locations to efficiently serve our customers throughout the country. Finally, the financial services division grants credit to consumers through the PRESTO card, and develops a number of products and services that add value to the commercial proposal and increase profitability for the Company.
At December 31, 2006 the Company employs more than 35,000 associates and operates 103 LIDER stores, 9 shopping centers and 75 PRESTO branches along the country, in addition to 4 distribution centers. Net revenues for 2006 were US$3,187 million and net income reached US$74 million.
