Cemex 1997 Annual Report Download - page 60

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CEMEX, S.A. DE C.V. AND CEMEX, S.A. DE C.V. AND SUBSIDIARIES
See accompanying notes to the consolidated and Parent Company only financial statements.
54
COMMON
STOCK
SERIES A SERIES B
Balances at December 31, 1995 $ 1,279,576 808,104
Dividends declared (0.69 pesos per share) ——- ——-
Appropriation of net income from prior year ——- ——-
Issuance of common stock 2,637 64
Results from holding nonmonetary assets ——- ——-
Updating of investment and other transactions
relating to minority interest ——- ——-
Investment by subsidiaries (note 6) ——- ——-
Net income ——- ——-
Balances at December 31, 1996 1,282,213 808,168
Acquisition of shares under share repurchase program (note 12B) (337) (487)
Appropiation of net income from prior year ——- ——-
Issuance of common stock (note 12C) ——- 18
Results from holding nonmonetary assets ——- ——-
Updating of investment and other transactions
relating to minority interest ——- ——-
Investment by subsidiaries (note 6) ——- ——-
Net income ——- ——-
Balances at December 31, 1997 $ 1,281,876 807,699
Statements of changes in
stockholders’ equity
(Thousands of constant Mexican pesos as of December 31, 1997)