Privacy Policy
Homex’s Privacy Policy was created to reaffirm its commitment to the safety and privacy of information collected from the users of Homex’s interactive services. You may visit this website and get acquainted with the services the Company offers, read reports, obtain news and information without having to provide any personal information. However, should such be the case, this policy purposes to clarify how the Company collects and handles your personal data. Since this policy is subject to occasional updating, Homex advises it be regularly consulted.
1. Any information provided by the users shall be collected and stored according to strict security and reliability patterns.
2. Personal data provided by the users shall be collected through ethical and legal means. Such collection may have one or more targets about which users shall be informed.
3. Users shall be advised that their data is being collected and they may choose whether they want to provide it or not, they will be further advised about the consequences of their decision.
4. Unless a legal or judicial order is issued, information provided by users shall never be disclosed to third parties or used for purposes other than those for which it was collected.
5. Access to collected information will be restricted to employees authorized to adequately use such data. Employees that unduly use such information, infringing Homex’s Privacy Policy, shall be subject to the penalties provided by its discipline procedure.
6. Homex shall maintain the integrity of the information provided through this website.
7. This website contains links or frames for other sites, which may or may not be Homex partners and allies. These links and frames are available merely in the hopes of providing yet another benefit to the users of this website. Note that including these links and frames does not mean that Homex has full knowledge, agreement, or responsibility for those frames and links or for their respective content. Therefore, Homex can not be held responsible for any type of damage caused by the use of the referred links and frames.
8. Homex requires‘ any third parties hired to perform support services to adhere to its privacy standards.
9. If it is necessary, the Company may use cookies(*) to confirm your ID, personalize your access and to check the use of Homex’s website aiming at improving its navigating and functioning conditions.
10. Other important information on the terms and conditions of use of this site is available on Terms of Use.
(*) Cookie: small archive put into your PC to keep track of moves within the websites, such as visits to homepages and advertisements.
Terms of Use
Navigation and public searching of this website are subject to the Terms of Use below:
Guarantees, Responsibilities and Damages
Confidential Nature of the User‘s Information
Author‘s Copyrights and Intellectual Property
Comments on EBITDA
Guarantees, Responsibilities and Damages
1. Homex does not guarantee that the contents, instruments and materials contained, utilized and offered in this website are exactly up-to-date or complete and does not accept responsibility for damages caused by eventual errors of content or shortcomings of equipment.
2. The Company does not accept express or tacit responsibility for the improper use of the information, instruments or materials made available and/or of the equipment used for this website, for whatever purpose made by any user, who has entire responsibility for eventual harm done to their own rights or of third parties, whether or not caused by this improper use.
3. Under no circumstances, will Homex, its directors, executive officers or employees be held responsible for any direct or indirect, special, incidental or consequential losses or expenses arising out of the connection with this website or use on its part or incapacity of use by anyone, or with regard to any shortcoming in performance, error, omission, interruption, defect or delay in operation or transmission, computer virus or breakdown of line or of the system, even if the Company or its representatives have been advised of the possibility of such damages, losses or expenses.
4. The adequate provisioning of all the resources of the Internet, without exception, is the entire responsibility of the user of this website.
5. Homex does not accept responsibility for the contents of other websites (a) whose addresses are available on the pages of this website or (b) the address of whose website is available to them. The Company does not guarantee the compensation of any damage caused by the websites mentioned in this item.
6. With regard to the exchange of messages between the user and Homex through the Internet, please consult its Privacy Policy.
7. An investment in securities involves a high degree of risk. Please review the Company’s Risk Factors.
Confidential Nature of the User‘s Information
Homex reserves the right to improve the functioning of this website because of the analysis and consolidating of the information and suggestions collected and of the opportunities of these for all of the users of the website. For further advice on the use of information collected at this website, please consult its Privacy Policy.
Author‘s Copyrights and Intellectual Property
Unless there is any regulation to the contrary, all the contents of the pages of this website, such as information, materials, tools, paging, graphs and drawings belong to Homex or to third parties, who have legally ceded their rights of usage.
Comments on EBITDA
EBITDA is not a financial measure computed under Mexican or U.S. GAAP. EBITDA derived from our Mexican GAAP financial information means Mexican GAAP net income (loss) excluding (i) depreciation, (ii) net comprehensive financing costs (which is composed of net interest expense, foreign exchange gain or loss and monetary position gain or loss), and (iii) income tax expense and employee statutory profit-sharing expense.
EBITDA derived from our U.S. GAAP financial information means U.S. GAAP net income excluding (i) depreciation, (ii) interest expense and monetary position gain or loss, and (iii) income tax expense. We believe that EBITDA can be useful to facilitate comparisons of operating performance between periods and with other companies in our industry because it excludes the effect of (i) depreciation, which represents a non-cash charge to earnings, (ii) certain financing costs, which are significantly affected by external factors, including interest rates, foreign currency exchange rates, and inflation rates, which have little or no bearing on our operating performance, and (iii) income tax expense and, for EBITDA derived from our Mexican GAAP financial information, employee statutory profit-sharing expense.
EBITDA is also a useful basis of comparing our results with those of other companies because it presents operating results on a basis unaffected by capital structure. You should review EBITDA, along with net income (loss) and cash flow from operating activities, investing activities and financing activities, when trying to understand our operating performance. While EBITDA may provide a useful basis for comparison, our computation of EBITDA is not necessarily comparable to EBITDA as reported by other companies, as each is calculated in its own way and must be read in conjunction with the explanations that accompany it. While EBITDA is a relevant and widely used measure of operating performance, it does not represent cash generated from operating activities in accordance with Mexican or U.S. GAAP and should not be considered as an alternative to net income (loss), determined in accordance with Mexican or U.S. GAAP, as an indication of our financial performance, or to cash flow from operating activities, determined in accordance with Mexican or U.S. GAAP, as a measure of our liquidity, nor is it indicative of funds available to fund our cash needs.
EBITDA has certain material limitations as follows: (i) it does not include interest expense, which, because we have borrowed money to finance some of our operations, is a necessary and ongoing part of our costs and assisted us in generating revenue; (ii) it does not include taxes, which are a necessary and ongoing part of our operations; and (iii) it does not include depreciation, which, because we must utilize property and equipment in order to generate revenues in our operations, is a necessary and ongoing part of our costs.
Note: Having accessed this website and some of its pages, the user will have automatically accepted all the Terms of Use here laid down. Therefore, please cease the navigation and public searching of the pages of this website in the event of your not agreeing with all of the above Terms of Use.