Cemex 1997 Annual Report Download - page 52

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46
Consolidated
balance sheets
(Thousands of constant Mexican pesos as of December 31, 1997)
CEMEX, S.A. DE C.V. AND SUBSIDIARIES
See accompanying notes to consolidated financial statements.
December 31
ASSETS 1997 1996
CURRENT ASSETS
Cash and temporary investments $ 3,069,338 3,430,872
Trade accounts receivable, less allowance for doubtful
accounts of $483,632 in 1997 and $469,809 in 1996 3,675,328 3,403,216
Other receivables (note 3) 1,563,331 1,548,820
Inventories (note 4) 3,449,584 3,504,279
Other current assets (note 5) 641,793 883,900
Total current assets 12,399,374 12,771,087
INVESTMENTS AND NONCURRENT RECEIVABLES
Investments in affiliated companies (note 6) 2,240,636 3,395,448
Other investments 456,950 317,210
Other accounts receivable 107,463 138,869
Total investments and noncurrent receivables 2,805,049 3,851,527
PROPERTY, MACHINERY AND EQUIPMENT
Land and buildings 23,558,591 21,304,941
Machinery and equipment 68,581,409 68,408,670
Accumulated depreciation (45,754,210) (43,430,352)
Construction in progress 2,081,073 1,921,384
Total property, machinery and equipment 48,466,863 48,204,643
DEFERRED CHARGES (note 7) 18,896,440 18,630,023
TOTAL ASSETS $82,567,726 83,457,280