AFP Habitat reported earnings results for the first quarter ended March 2016. For the quarter, the company reported revenues of USD 61,480,000 against USD 56,435,000 a year ago. Operating income was USD 37,236,000 against USD 33,208,000 a year ago. Profit before taxes was USD 39,704,000 against USD 47,990,000 a year ago. Profit to Habitat was USD 30,698,000 against USD 36,634,000 a year ago. EBITDA was USD 40,788,000 against USD 48,447,000 a year ago. EBITDAE to Habitat was USD 39,778,000 against USD 35,283,000 a year ago. Operating revenues increased 8.9% in the first quarter of 2016 compared to the same period of 2015. Close to 70% of this variation responds to a larger income from fees in Chile, because of the 0.1% rise in the number of contributors as well as by the 2.3% increment in real terms of the average salary quoted by AFP Habitat. Non operating income for the first quarter of 2016 decreased by 83.3% when compared to the same period of 2015. This was mainly explained by the 92.3% reduction in the profitability of the encaje, in line with the investments of the pension funds managed by the company.