1985 2015 years 2015 - GPO Group€¦ · to standardize the brand of all the companies that form GPO Group with the aim of showing a modern image is also a step forward in the business

GPO Group | Annual Report 2015 | 1 2015Annual Report

3years

19852015

2 | GPO Group | Annual Report 2015 GPO Group | Annual Report 2015 | 3

GPO Group is a multi-disciplinary Architecture and Engineering group with global presence and local nature

GPO Group is a global company with local nature that renders consulting services in the Mobility, Transportation, Railway Systems, Building, Automotive, Energy and Environmental industries. Its origins date back to 1985 when the company Gestión de Proyectos y Obras was created.

As a group committed to progress, we are interested in contributing to improving the environment of the countries where we operate. Our philosophy is based on applying the knowledge and experience acquired in the last three decades to our projects and on offering our clients effective solutions that meet their needs by using first-rate technologies.

Brooklyn Streetcar, New York, USASam Schwartz: Transport Planning

With permanent presence in Spain, the USA, Brazil, Colombia, Peru, China and India, GPO Group also holds a portfolio of projects that were carried out in more than 20 countries.


New Zealand

AUTOMOTIVE INDUSTRYTEST FACILITY ENGINEERING

WATER & ENVIRONMENT INDUSTRY & ENERGY

India

China

South Korea

Delhi

Beijing

23 M€TURNOVER

44 M€ PROJECT PORTFOLIO

374STAFF

GPO Group Offices

Business Representation Offices

Projects

INVOICING BY GEOGRAPHICAL AREAS

Spain22%

Rest of Europe5%

China3%

Colombia & Peru11%

USA & Canada28%

Brazil 29%

Other2%

GEOGRAPHICAL DISTRIBUTION OF STAFF

Spain39%

Brazil21%

Colombia 10%

USA29%

Peru1%

Canada

Guinea

Algeria

Argentina

Turkey

Mozambique

Czech Republic

Slovakia

Russia

Portugal

Hollanda

France

BRAZIL

USA

PERU

COLOMBIA

Spain

Main Data of 2015

Qatar

Aruba

PanamáCosta Rica

Honduras

MOBILITY & TRANSPORTATION BUILDING

MARKETS


Fira Station of Line 9 of the Barcelona Metro, SpainGPO Ingeniería y Arquitectura: Construction Supervision and Project Monitoring

A STEP FORWARD

In 2015 we went a step forward towards the globalization and diversification of our Group, strengthening those strategic markets in which we want to base our business during the coming years, and betting on the emerging markets to which we can provide the experience acquired during the thirty year career of GPO Group.

The incorporation of Sam Schwartz to the Group, a North American company based in New York with local offices in New Jersey, Washington, Chicago, Los Angeles and Tampa, has brought the culmination of a long establishing process in the USA, which we started in 2011. The high degree of expertise of Sam Schwartz and its long career as an engineering company in the North American market open up a future plenty of opportunities in one of the biggest growing markets in the world.

Apart from the great boost in the USA, the Group has also bet on promoting the organic growth of the Colombian market, and on laying the foundations to encourage the emerging growth in Peru. Launched by major engineering contracts for freeway and airport concessions, Colombia has become the fourth biggest market of the Group in terms of revenue, with a percentage of over 10% of the consolidated income.

At the corporate level and coinciding with the 30th anniversary of our foundation, we renewed our corporate image in 2015. A new logo to standardize the brand of all the companies that form GPO Group with the aim of showing a modern image is also a step forward in the business transformation we started some years ago, which is making us what we are today: a multinational engineering and architecture company.

For all this, we think we met in 2015 the goals we had set. To this day, we are steering our future already to keep growing and to become the benchmark company for the markets in which we operate. This is once again a step forward towards the right direction.

Alvaro PalaoPresident

Xavier MontobbioCEO

Ramón RabellVice Presidente


Annual Report 2015

CORPORATE AREA

GPO Group Companies

Corporate Government

Management Team

Strategy and Operations

People

Corporate Social Responsibility

PROJECTS

El Dorado Airport

Casa Camper Hotel

Brooklyn Streetcar

R&D Center for HERO MotoCorp

Madrid - Levante High Speed Railway Line

Bus Rapid Transit Belém do Pará

Retiro Railway Station

FINANCIAL REPORT

Consolidated Balance Sheet

Income Statement

TO BE TO CREATE TO MANAGE

Index


Corporate Area

TO BEAt GPO Group we crossed frontiers to start an internationalization process that opened the way towards new markets and areas of expertise, extending our service offer and allowing us to provide high-quality services and provisions.

B C M

GPO Group Companies


Management Team


People


Line 1 of the Sevilla Metro, SpainGPO Sistemas: Operation Supervision and Maintenance


TO BE | CORPORATE AREAGPO Group Companies

Bridge over the Ter river in Girona, SpainGPO Ingeniería y Arquitectura: Construction Supervision

Corporate Area

GPO Group Companies

Since 2014, the structure of GPO Group is that of a holding that depends on a parent company, which constitutes the Group’s Board. Each of these companies operates in its local market, but they also cover international projects, depending on their area of expertise.

In Spain, we operate GPO Ingeniería y Arquitectura, S.L.U in Barcelona and GPO Ingeniería de Sistemas, S.L.U. in Madrid, with technical professionals distributed throughout the national territory.

In America, the Group has Sam Schwartz Consulting, LLC for operations within North America (USA and Canada), based in New York and with offices in

New Jersey, Washington, Chicago, Los Angeles and Tampa; SISTRAN Engenharia, S.L. based in São Paulo (Brazil) and offices in Belém and Maceió; GPO Colombia, S.A.S. based in Bogotá; and GPO Peru, S.A.C. based in Lima (Peru).

Since 2014 and focusing its activity on the automotive industry, GPO Group has representative offices in India, based in New Delhi, and in China with offices in Beijing.

In addition, GPO Group holds international agreements with companies of the engineering and architecture area, which allows them to operate practically in any country in the world.

B C M

Spain

GPO Ingeniería de Sistemas, S.L.U.

Brazil

SISTRAN Engenharia, S.L.

Peru

GPO Peru, S.A.C.

Colombia

GPO Colombia, S.A.S.

Spain

GPO Ingeniería y Arquitectura, S.L.U.

GPO Group, S.A.USA

Sam Schwartz Consulting, LLC


TO BE | CORPORATE AREACorporate Government

Management Committee

JAVIER BESPÍN Europe General Director

Civil Engineer at the Polytechnic University of Catalonia and MBA in Management Development by the IESE. General Director of GPO Group in Europe since 2013.

ALEJANDRO MOSQUERA South America General Director

PhD in Civil Engineering at the University of A Coruña. Since 2013, he is the General Director of GPO Group in Latin America.

JOAN VERBÓN North America General Director

Geology Engineer at the University of Catalonia and MBA by ESADE. He has been settled in the United States as General Director of GPO Group in the USA and Canada since 2010.

Mª TERESA SABATÉCFO

Business Sciences degree at the University of Barcelona, MBA in Financial Management at EADA and Postgraduate in Management Development at the IESE. GPO Group’s CFO since 2011.

The Board of Directors is the supervising and managing body of the Group’s activity, with exclusive faculties on the Group’s policies and general strategies, among others, including those regarding the Corporate Government, the Corporate Responsibility and strategic investments.

The Management Committee is in charge of managing the group and implementing its strategy and it is responsible for reaching goals and results. The group divides its management into geographical areas and performs common transverse services that depend on this committee.

Corporate Area


B C M

ÁLVARO PALAO President

Civil Engineer at the University of Santander. Founding Partner of GPO Ingeniería, S.A. and GPO Group’s President since 2011.

EMILI VIDALMember

Industrial Engineer and Business Administration Degree at the University of Barcelona. Founding partner of GPO Ingeniería, S.A.

ANTONI ABADMember

Degree in Business Sciences and MBA at ESADE Business School. President of the Catalan employers’ organization CECOT.

JORDI SALVATELLAMember

Degree in Psychology at the University of Barcelona. In charge of Institutional Relations at Lundbeck Spain, S.A.

SR. ÀNGEL LACAMBRA Secretary

Degree in Law and Economy at the University of Barcelona. Auditor and member of the General Council of Economists.

Board of Directors

XAVIER MONTOBBIO CEO

Civil Engineer at the Polytechnic University of Catalonia. GPO Group’s CEO since 2011.

RAMON RABELL Vice-Presidente

Civil Engineer at the Polytechnic University of Catalonia. GPO Group’s Vice-President since 2011.

JAVIER GONZÁLEZBusiness Development General Manager

PhD in Mechanical Engineering and MBA in Business Administration, among others. Business Development General Manager of GPO Group, President of the Spanish Maintenance Association (AEM) and Associate Professor at UNED and UPM Universities.


Corporate Area

Management Team

JAVIER BESPÍNDirector

Aragón 390 5ª planta08013 BarcelonaTel. (34) 932 470 069Email [email protected]

JAVIER BESPÍNDirector

Av. Nazaret, 3 28009 MadridTel. (34) 914 094 594Email [email protected]

JAIME WAISMANCLAUDIO MACEDOGABRIEL FERIANCICALEJANDRO MOSQUERAManagement

Rua Santa Isabel, 160 – 3º andar CEP 01221-010 – São PauloTel. (55) 11 3333 2125Email [email protected]

SAMUEL SCHWARTZJEFFREY D. TRIMJOAN VERBONERICH ARCEMENTManagement

322 Eighth Ave., 5th Fl New York, NY 10001Tel. (1) 212 598 9010Email [email protected]

FREDDY J. LÓPEZGeneral Manager

Carrera 26 No. 40-20 BogotáTel. (57) 300 702 77 92Email [email protected]

IGNACIO ESPIÑEIRAGeneral Manager

Av. Santo Toribio 173, Torre Real Ocho, Piso 16San Isidro, LimaTel. (51) 96443 1970Email [email protected]

B C MTO BE | CORPORATE AREAManagement Team

Fira Station of Line 9 of the Barcelona Metro, SpainGPO Ingeniería y Arquitectura: Construction Supervision and Project Monitoring


TO BE | CORPORATE AREAStrategy and Operations

After the business reorganization implemented during the previous years, through which GPO Group became a holding, that renders consulting services in the Mobility, Transportation, Railway Systems, Building, Automotive, Energy and Environmental industries, 2015 was the year to consolidate and standardize the brand image of the Group.

One of the most important actions of 2015 was the incorporation of the North American company Sam Schwartz Consulting, LLC, based in New York. Such association strengthens significantly the positioning of GPO Group in the USA. Continuing with the implementation of our Strategy Plan, the most significant investment of the Group during 2015 was focused on the USA, with the acquisition of 30% of the Sam Schwartz shareholding, and an agreement on future progressive acquisition until reaching the majority of share capital and, therefore, taking control of the company.

With the incorporation of Sam Schwartz into the Group, GPO is reinforcing its core business as leading transportation consulting. Apart

from its great territorial penetration, with offices in New Jersey, Washington, Chicago, Los Angeles and Tampa, Sam Schwartz is also providing its expertise on urban planning and mobility management. Thanks to the team of experts, Sam Schwartz is considered one of the leading companies in the USA.

2015 was also the year for the consolidation of the Colombian market. GPO Colombia has grown considerably, thanks to the major concessional contracts launched in the country, in which GPO has taken an active part. The new Fourth Generation Highways and, especially, the major airport projects have contributed to creating a permanent team, made up of professionals who are highly prepared to manage important engineering contracts.

We are primarily proud of being awarded with the project for the extension of the terminal and the aircraft parking area of the El Dorado Airport in Bogotá, the second airport in South America with the largest passenger flow and one of the biggest growing airports worldwide.

Corporate Area


B C M


TO BE | CORPORATE AREAStrategy and Operations

On one hand, the culmination of the design of one of the most important R&D Centers in the world for the motorcycle manufacturer HERO MotoCorp in Jaipur (India) has set us as one of the leading companies in the automotive industry. On the other hand, the new industrial projects the company has been awarded with in China, regarding the design of automotive technical centers, foretell a promising future for this area.

As always, we finished the year thinking of what is about to come. We firmly think of consolidating the markets and expertise areas

we have developed during the last years, and promoting the synergies between the centers of technical excellence we have established for each and every company of GPO Group. Europe and America will still be a priority, but without forgetting other continents such as Asia and Oceania, where we have already started to develop our activity regularly.

B C M

Our activity during 2015 was fuelled by the diversification of our service range. The consolidation of GPO Ingenieria de Sistemas (former 2iT), company acquired in 2014, has contributed to the creation of synergies and the opening of new markets. Thanks to the acquisition of GPO Sistemas, the Group has carried out railway consulting projects in Argentina, Turkey, Saudi Arabia and Aruba, among others.

Spain, Brazil and Peru are also strategic markets for GPO Group. The operations in these markets have been adapted to the

circumstances that have plotted the path of these economies throughout the years. The most important is, undoubtedly, the great project portfolio the Group has in these markets, since it is allowing us to look optimistically and comfortably towards the future. We have had very positive experiences from these countries, such as the New Zealand project (Oceania), which means that GPO Group has worked in the five continents during its 30 years of existence.

The automotive industry has been, once again, spearhead of innovation within the Group.

Corporate Area


Madrid - Levante High Speed Railway Line, SpainGPO Ingeniería y Arquitectura: Construction Supervision


To create real value to society through

solutions tailored to the needs o

f our

public and private clients

Mission

To offer innovative products and global

service with local, community-based

knowledgeVision

TO BE | CORPORATE AREAPeople

DHUB Museum in Barcelona, SpainGPO Ingeniería y Arquitectura: Construction

Management and Supervision

Picture Author: Martí Llorens Picture Source: Barcelona d'Infraestructures Municipals, S.A. (BIMSA)

Corporate Area

People

The staff that constitutes GPO Group includes 374 professionals distributed into five countries.

The countries where we are based show different cultures and ways of working, fact that allows us to share new methodologies and provide greater value to our projects, since people are our greatest assets.

Regarding qualifications, 65% of GPO Group members hold higher-education degrees and 25%, technical degrees.

Gender equality is still one of our priorities and one of the main values of the organisation. Therefore, we strive for equal opportunities for men and women.

Client | To fulfil the clients’ needs and expectations, guaranteeing full satisfaction, fidelity and trust.

Contracts | To sign contracts based on reciprocity, which would favour on-going improvement of processes.

People | To value people, encouraging continuous training, preserving their safety and health, and seeking continuous quality improvement.

Ethics | To behave ethically, respecting everyone’s integrity and dignity.

Social Responsibility | To preserve the environment in all actions, and stimulate the keys in the social field.

Processes | To have proactive attitudes with innovating solutions that assure on-going improvement of processes.

Results | To generate positive results that allow for sustainable growth within a competitive market.

Legislation | To observe integrally and enforce all legal obligations and relevant regulations in effect.

Independence | To be an independent company made up of construction groups, financial groups, etc. which allow us to perform our job without any conditions.

B C M

GEOGRAPHICAL DISTRIBUTION OF STAFF GENDER DISTRIBUTION OF STAFF

Men68%

Women 32%

Spain39%

Brazil21%

Colombia 10%

USA29%

Peru1%

Values


TO BE | CORPORATE AREACorporate Social Responsibility

Corporate Area


B C M

GPO Group is deeply committed to social actions that contribute to improving the professional, personal and academic growth and well-being of all its members. We value people, encouraging their training, preserving their safety and health and aiming at continuous quality improvement. The group promotes keys in the social field to encourage respect in all actions within our environment.

GPO Group promotes academic and cultural education of its employees, offering specialization courses mainly in the areas of design, planning and environment. In addition, those with most seniority are assisted to supplement their training with post-graduate courses and junior employees to conclude their university courses, after a period of internship.

We promote not only intellectual development, but also physical. GPO Group makes posture-correction experts available to advise and assist employees to improve their posture and exercise while they are at work. The group also supports participation in sport events, such as races, soccer games and other sports of interest.

In 2015, GPO Group established connections and actions with the following entities:

• Difusión Banco de Recursos (Resource Allocation Bank). One of the lines defined by GPO Group in terms of corporate social responsibility is donating furniture and IT material to said entity, which is then in charge of assigning this kind of resources to social organizations for those most in need.

• Ningún niño sin juguete (No kids without toys). Since 2013, GPO Group collaborates by

earmarking part of the returns arising from bank institutions for toys that are delivered to hospitals (Hospital de Nens in Barcelona and Hospital Niño Jesús in Madrid) during the Christmas period.

• Food Bank. Operación Kilo (Kilo Operation). GPO Group is involved with the Food Bank since 2011 and promotes the Kilo Operation intended to collect durable food. This year, food has been delivered to the Food Bank in Madrid and to social canteens in Barcelona.

• Flu Fighters Campaign. With the collaboration of Unión de Mútuas, GPO promotes the Flu Fighters Campaign yearly, establishing a medical team in the GPO offices.

• Aura Foundation. Since 2012, GPO Group collaborates with Aura Foundation, social entity devoted to social and employment inclusion of people with intellectual disabilities. GPO promotes the entity’s activities (draws, excursions, etc.) and voluntary donations.

• Santander Scholarship Programme. GPO cooperates with Banco Santander through its Scholarship Programme for university students, aimed at the development of internships.

• Speed Networking. Since 2014, GPO cooperates with the Polytechnic University of Catalonia through the Speed Networking Programme, a meeting format between engineering companies and students of the Industrial Engineering School. The aim of the programme is to introduce the engineering business world to the students and to ease their access into the labor market.


Projects

TO CREATETo believe is to build, therefore, in GPO Group we believe in offering customised solutions to complex projects, which contribute to improve the society’s well-being and, at the same time, create real value.

B MC

El Dorado Airport

Casa Camper Hotel

Brooklyn Streetcar

R&D Center for HERO MotoCorp

Madrid - Levante High Speed Railway Line

Bus Rapid Transit Belém do Pará

Retiro Railway Station

El Prat Station of Line 9 of the Barcelona Metro, SpainGPO Ingeniería y Arquitectura: Construction Supervision and Project Monitoring


TO CREATE | PROJECTSEl Dorado Airport

BOGOTÁ, COLOMBIAExtension and Renovation of the El Dorado International Airport

B C M

GPO Colombia, GPO Group subsidiary company in Colombia, is leading the consortium awarded with the Detailed Design for the extension of the El Dorado International Airport in Bogota, one of the most important in Latin America, with more than 300.000 operations a year and a passenger flow that exceeded 27 million passengers in 2014.

The airport is located 15 km to the West of Bogotá center, in Fontibón, and it covers an approximate surface area of 6,9 km2. The passenger demand allowed the construction of a more modern airport with higher capacity, both for commercial and freight flights.

The concessionaire company OPAIN has trusted GPO to carry out the design of the new terminal with a surface of more than 62.000 m2 and 70.000 m2 of parking and maneuvering areas, which will be developed in this second phase of extension and renovation of the airport, that will increase its operative surface by 35%.


TO CREATE | PROJECTSEl Dorado AirportS C G


TO CREATE | PROJECTSCasa Camper Hotel

BARCELONA, SPAINExtension and Renovation of the Casa Camper Hotel

B C M

GPO Ingeniería y Arquitectura, Spanish subsidiary of GPO Group, has developed the Project Management services for the extension and renovation of the Casa Camper Hotel in Barcelona, an emblematic hotel located in the centric neighborhood of Raval.

The Casa Camper Hotel, with 40 rooms in minimalist design, is one of the main boutique hotels in Barcelona. The building, from the XIX century, has been restored by the architect Jordi Tió and designed by Ferrán Amat. Besides, the hotel has a water management system, that shows the commitment of Camper with the environment: the water from shower and bath uses is cleaned through a recycling system based on biomechanical processes and it is reused for the toilet. This system reduces water consumption by 50% and contributes preserving this natural resource. Casa Camper also uses solar energy to heat water.

The project also includes the structural consolidation of the building next to the hotel, constructed in 1881, to transform it into 15 hotel suites. Likewise, it comprises the renovation of the existing hotel and the connection of both buildings, modifying the original elevators to double-decks and connecting both terraces.


Casa Camper is not only the best boutique hotel in Spain, but also the best rated in Catalonia.“

“B C MTO CREATE | PROJECTS

Casa Camper Hotel


Sam Schwartz, North American subsidiary of GPO Group, has carried out the Feasibility Study for the implementation of the new streetcar, which includes the Preliminary Design, Environmental Impact Assessment, analysis of the available technologies and agency coordination.

The new streetcar system, which will run at 20 km/h, will join Red Hook (in the South) and Astoria (in the North), and it also includes a branch line that will join Dumbo and the center of Brooklyn. The new

infrastructure will run from Greenpoint to Dumbo in approximately 27 minutes, less than the current bus and metro lines, and it will carry 150 to 175 passengers, compared to the articulated buses that now have room for about 100 passengers.

The construction of the line is expected to cost around 2.500 M$ to the city, an investment that, according to the mayoral spokesman, will be paid out of real estate taxes on large residential and commercial owners served by the streetcar.

TO CREATE | PROJECTSBooklyn StreetcarB C M

NEW YORK, USAImplementation of a New Streetcar Line between Brooklyn and Queens

In order to improve the transportation between the districts of Brooklyn and Queens, Bill de Blasio, current mayor of New York city, is set to propose the construction of a 25 km long streetcar

line, which will join the two districts through a tramway line running parallel to the East River coast of New York.


B C M TO CREATE | PROJECTSBooklyn Streetcar


B C MTO CREATE | PROJECTSR&D Center for HERO MotoCorp

GPO led the consortium made up of IDIADA and the Italian company APICOM to carry out the design of an R&D Center for the largest Indian manufacturer of motorcycles, HERO MotoCorp Ltd, with a total investment of 114 M€.

Based in the town of Kukas, close to Jaipur (Rajasthan), the new technical center has an extension of 95 ha, where there are office buildings, a design center and laboratories, and a great test track facility. The built area is 30.000 m2, whose architectural design was developed by the North American studio William McDonough & Partners. The scope of services provided by GPO consisted of developing the engineering work required for

the design and construction of the laboratories, test cells, energy and fluids supply, proving ground, etc. and the Detailed Design for the test track facility. The R&D center has the following facilities:

• Office building.• Design, style and prototypes center.• Test facilities for the development of engines

and vehicles with emission test benches, brakes, noise, material - test rings, climate chambers, benchmarking, etc.

• Test tracks for endurance, high speed, gradients, braking, noise, etc.

• Power plant, electric and fluids circuits.• Parking and common areas.

JAIPUR, INDIANew Motorcycle R&D Center for HERO MotoCorp


Bimal K GuptaHead of Infrastructure

CIT Jaipur Hero MotoCorp India

It was great working with GPO, an engineering solution

company based in Barcelona. GPO has given us a

sustainable technology, highly user-friendly industry proven

designs, and expandable engineering solutions. Also, GPO

has provided all technical design inputs and data, useful

for any future expansions. GPO is a complete Engineering

Solution Company.

“ “

B C M TO CREATE | PROJECTSR&D Center for HERO MotoCorp


TO CREATE | PROJECTSMadrid - Levante High Speed Railway Line

The section Orihuela – Colada de la Buena Vida is part of the Madrid - Levante High Speed Railway Line, more precisely the Alicante - Murcia section. It is 6,7 km long, and it includes the undergrounding works of the Orihuela station. The main determinants that defined the general characteristics of the project were the urban condition of the section and the requirement of providing hydraulic permeability, since the section is very close to the Segura river.

The project also included the construction of four viaducts to overpass the existing infrastructures and the Segura river, three flyovers, walls, and multiple drainage works to provide hydraulic permeability.

The Madrid - Levante High Speed Railway Line connects Madrid, the Valencian Community and the region of Murcia, both in the Spanish Mediterranean coast. The total length of the lines comprising this railway access is 955 km, they imply an investment of 12.400 million Euros and it is estimated they are used by 3 million passengers a year. All lines are designed for high speed circulation (300 km/h) with international gauge.

B C M

SPAINMadrid - Levante High Speed Railway Line. Section: Orihuela - Colada de la Buena Vida


B C M TO CREATE | PROJECTSMadrid - Levante High Speed Railway Line


TO CREATE | PROJECTSBus Rapid Transit Belém do Pará

The BRT system will be integrated into the non-motorized transportation through the implementation of bike lanes along the entire main line. The new urban design includes new accessible sidewalks and a landscape integration, which incorporates the well-known centenary mango trees, very typical from Belém.

Sistran, Brazilian subsidiary of GPO Group, has developed the Preliminary Designs for the Secretaria de Urbanismo - SEURB (Ministry of Urban Development of Belém do Pará) of the following BRT sections:

• From the center of Belém to the São Braz station. An 11 km long section with 16 intermediate stations.

• Icoaraci district. A 3,7 km long section with 9 intermediate stations.

Sistran has also developed the Detailed Designs for the BRT Belém consortium of:

• Augusto Montenegro, including the Mangueirão, Tapanã and Maracacuera terminals and 11 intermediate stations. A 14 km long section.

• Mangueirão terminal, 2,7 km long.

B C M

The local government of Belém do Pará, North Brazil, is developing the implementation of the Bus Rapid Transit (BRT) system, a bus-based mass transit system. The aim of the project is to increase central circulation of Almirante Barrosso, Augusto Montenegro and Centenario Avenues, and later connect them to the Icoracai district and the center of Belém. These lanes will be 5,5 km long and it is estimated they will be used by around a million passengers.

One of the central lanes will be exclusive for the BRT system, as well as some areas in the center of Belém, such as intermediate stations and passing lanes. Three terminals will be constructed to enable the transfer between main and secondary lines, as well as some stations with embarking/disembarking platforms and areas for advance purchase of tickets. The buses operating in the main lines will be articulated, and those operating in secondary lines will be simple.

BELÉM DO PARÁ – BRAZILProject of Bus Rapid Transit (BRT)


The BRT system will transform the public transport of Belém.

It will give higher quality of life to the citizens, since it is a more

regular system which allows saving time, comfort and safety.

SISTRAN has provided technical support and high quality

designs through a multi-disciplinary team of efficient and effective

professionals.

Adinaldo Sousa de OliveiraBelém Urban Development Secretary

“ “B C MTO CREATE | PROJECTSBus Rapid Transit Belém do Pará


TO CREATE | PROJECTSRetiro Railway Station

The aim of the Preliminary Design for Trenes Argentinos – Operadora Ferroviaria was the definition of the geometric and functional designs for the new Mitre Line rail yard in the Retiro Station, preventing the works from affecting platforms and the rest of the railway facility. The project also includes the substitution of the wooden sleepers by concrete sleepers, the implementation of the new rail UIC54, as well as slab tracks under the cover and in the platforms.

Likewise, the project defined the construction plan in detail and the provisional situations to prevent affecting the operating lines. The Preliminary Design comprised also the electrification with an aluminum third rail, as well as the signaling and communication systems for the new configuration.

The project is carried out in such detail to allow the works to be bidden though the “Design and Build” system.

B C M

The Retiro Station is in the center of Buenos Aires. It is the terminal of the well-known Mitre Line with 11 tracks for commuter rails and 390 daily circulations.

The Retiro Station was constructed in 1915, and ever since no significant investments have been made to renovate the infrastructure.

BUENOS AIRES, ARGENTINARetiro Railway Station


TO CREATE | PROJECTSRetiro Railway Station

B C M


Financial Report

TO MANAGEAn effective management always guarantees better results. At GPO Group we bet on a management system that allows us to detect improvement opportunities that would have an impact on our return and, consequently, on our statement-of-income account.

B C M


Statement-of-Income Account

Parc Logístic Station of Line 9 of the Barcelona Metro, SpainGPO Ingeniería y Arquitectura: Construction Supervision and Project Monitoring


CONSOLIDATED BALANCE SHEET*

SHAREHOLDERS’ EQUITY

Equity capital

Adjustments due to change of value

NON-CURRENT LIABILITIES

CURRENT LIABILITIES

Short-term payables

Trade creditors and other payables

TOTAL EQUITY AND LIABILITIES

2014(‘000)

8.367

8.354

13

3.348

5.653

3.197

2.333

17.368

2015(‘000)

9.211

8.918

293

2.359

8.012

5.612

2.400

19.582

TO MANAGE | FINANCIAL REPORTConsolidated Balance Sheet

*Thousands of Euro

B C M

Financial Report


CONSOLIDATED BALANCE SHEET*

NON-CURRENT ASSETS

Intangible fixed assets

Tangible fixed assets

Long-term financial investments

Deferred tax assets

CURRENT ASSETS

Inventories

Trade debtors and other accounts receivable

Short-term investments in group and other related companies

Short-term financial investments

Short-term accruals and deferred income

Cash and cash equivalents

TOTAL ASSETS

2015(‘000)

5.216

4.086

950

39

141

14.366

5.763

6.829

-

357

303

1.114

19.582

2014(‘000)

3.616

2.889

677

(52)

102

13.752

5.966

5.813

29

196

220

1.528

17.368


TO MANAGE | FINANCIAL REPORTStatement-of-Income Account

23 M€ Invoicing

TURNOVER BY SECTORS

44 M€Project Portfolio

374Staff

EBITDA EVOLUTION*

*Thousands of Euro **Millions of Euro

2012 2013 2014 2015

SALES EVOLUTION**

2012 2013 2014 2015

14

2123 23

Industry& Energy5%

Building6%

Transportation87%

Water & Environment

2%

TURNOVER BY GEOGRAPHICAL AREAS

Spain22%

Rest of Europe5%

China3%

Colombia & Peru11%

USA & Canada28%

Brazil 29%

Other2%

CONSOLIDATED STATEMENT OF INCOME*

Services rendered

Other operating revenues

Payroll expenses

Other operating expenses

Fixed assets depreciation and amortization

Income (loss) due to lack of control of consolidated shares

OPERATING INCOME (EXPENSE)

FINANCIAL INCOME (EXPENSE)

Income (loss) before taxes

Corporate income taxes

INCOME (LOSS) FROM CONTINUED OPERATIONS

CONSOLIDATED INCOME (LOSS) FOR THE YEAR

2014(‘000)

22.534

14

(11.146)

(10.365)

(252)

-

784

(343)

442

(220)

222

222

2015(‘000)

22.685

14

(10.793)

(11.019)

(288)

-

599

(125)

474

(150)

324

324

Financial Report

Statement-of-Income Account

*Thousands of Euro

B C M

423

1.592

1.036887


Cadiz Bay Tram-Train, SpainGPO Ingeniería de Sistemas: Pre-Commissioning Services

64 | GPO Group | Annual Report 2015

COPYRIGHT © GPO GROUP 2015

This publication is the property of GPO GROUP and cannot be copied, reproduced or disseminated in any form or by any means, in full or in part, without prior written consent from GPO GROUP.

SPAINBarcelona Tel. (34) 932 470 069 [email protected]

Madrid Tel. (34) 914 094 594 [email protected]

USA New York Tel. (1) 212 598 9010 [email protected]

Brazil São Paulo Tel. (55) 11 3333 2125 [email protected]

COLOMBIA Bogotá Tel. (57) 300 702 77 92 [email protected]

PERU Lima Tel. (51) 96443 1970 [email protected]

www.gpogroup.com

Barcelona | Headquarters

C/ Aragó 390, 5ª

08013 Barcelona

T+34 932 470 069

[email protected]

Documents

1985 2015 years 2015 - GPO Group€¦ · to standardize the brand of all the companies that form GPO Group with the aim of showing a modern image is also a step forward in the business