Cemex 1999 Annual Report Download - page 28

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26
1989 1990 1991 1992 1993 1994
Income Statement Information
Net Sales 988 1,305 1,706 2,194 2,897 2,101
Cost of Sales (1) 772 928 1,064 1,371 1,747 1,212
Gross Profit 215 377 642 823 1,150 889
Operating Expenses 120 178 221 286 444 325
Operating Income 95 199 420 537 706 564
Comprehensive Financing (Cost) Income, Net (2) 52 (5) 124 179 25 (16)
Other Income (Expenses) Net 4 (42) (47) (89) (101) (133)
Income Before Taxes and Others 151 152 498 628 630 415
Minority Interest (3) 25 30 60 70 97 45
Majority Net Income 121 148 442 545 522 376
Earnings per Share (BMV: CEMEXCPO) (4)(5)(6)(7) 0.11 0.13 0.40 0.52 0.49 0.35
Dividends per Share (4)(5)(8)(9) 0.01 0.02 0.06 0.07 0.09 0.06
Number of CPO Shares Outstanding (4)(5)(6) 1,114 1,114 1,114 1,056 1,056 1,077
Earnings per ADS (NYSE: CX) (4)(5)(6)(7) 0.54 0.67 1.98 2.58 2.47 1.75
Dividends per ADS (4)(5)(8)(9) 0.06 0.08 0.29 0.34 0.46 0.31
Balance Sheet Information
Cash and Temporary Investments 186 145 202 384 326 484
Net Working Capital (10) 226 236 286 562 595 528
Property, Plant, and Equipment, Net 2,037 2,357 2,614 4,124 4,407 4,093
Total Assets 2,940 3,438 3,848 7,457 8,018 7,894
Short-term Debt 360 261 144 884 684 648
Long-term Debt 792 1,043 1,267 2,436 2,866 3,116
Total Liabilities 1,354 1,566 1,607 3,897 4,022 4,291
Minority Interest (3) 306 474 408 649 771 771
Stockholders’ Equity, excluding Minority Interest 1,280 1,398 1,833 2,911 3,225 2,832
Total Stockholders’ Equity 1,586 1,872 2,242 3,560 3,996 3,603
Book Value per Share (BMV: CEMEXCPO)(4)(5)(6)(7) 1.15 1.25 1.65 2.76 3.05 2.63
Other Financial Data
Operating Margin 9.6% 15.3% 24.6% 24.5% 24.4% 26.9%
EBITDA Margin (11) 17.9% 24.8% 33.2% 31.9% 31.6% 34.2%
EBITDA (11) 177 324 567 700 914 719
SELECTED CONSOLIDATED FINANCIAL INFORMATION
CEMEX, S.A. DE C.V. AND SUBSIDIARIES
(IN MILLIONS OF US DOLLARS, EXCEPT SHARE AND PER-SHARE AMOUNTS)