Cemex 1997 Annual Report Download - page 74

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68
At December 31, 1997, and for the year then ended, the principal balances denominated in foreign currencies, as
well as nonmonetary assets in Mexico denominated in foreign currencies, are summarized as follows:
Thousands of U.S. dollars
Mexico Foreign Total
Current assets 143,950 917,487 1,061,437
Non current assets 850,959 (1) 4,812,457 5,663,416
Total assets 994,909 5,729,944 6,724,853
Current liabilities 405,732 707,537 1,113,269
Long-term liabilities 2,592,022 1,518,189 4,110,211
Total liabilities 2,997,754 2,225,726 5,223,480
(1) Nonmonetary assets in Mexico denominated in foreign currencies.
Consolidated financial information relating to the principal Mexican operations in foreign currencies is summarized
as follows:
Thousands of U.S. dollars
1997 1996
Export sales 131,773 171,836
Import purchases 43,452 42,402
Interest income 12,652 16,594
Interest expense 225,300 224,163
16.- GEOGRAPHIC SEGMENT DATA
A summary of condensed selected financial information by principal geographic locations as of December 31, 1997
and 1996, is as follows:
Net Sales Operating Income Total Assets
1997 1996 1997 1996 1997 1996
Mexico $ 13,865,453 12,529,876 4,112,098 3,876,398 45,003,344 40,337,099
Spain 5,908,518 6,495,743 1,272,090 1,537,085 19,725,504 22,129,771
Venezuela 3,731,818 3,370,339 1,292,200 1,182,330 9,076,657 8,477,095
United States 3,560,138 3,651,007 225,970 283,907 5,244,059 5,171,198
Colombia 2,989,593 1,407,370 660,387 309,746 9,058,970 10,263,240
Others 4,313,315 4,787,940 (338,343) (455,490) 5,855,425 12,498,845
34,368,835 32,242,275 7,224,402 6,733,976 93,963,959 98,877,248
Eliminations (3,795,648) (3,993,071) ——- ——- (11,396,233) (15,419,968)
Consolidated $ 30,573,187 28,249,204 7,224,402 6,733,976 82,567,726 83,457,280