Cemex 2009 Annual Report Download - page 33

Download and view the complete annual report

Please find page 33 of the 2009 Cemex annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 94

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94

31
INCOME STATEMENTS
CEMEX, S.A.B. DE C.V.
(Millions of Mexican pesos, except for earnings per share)
Years ended December 31,
Note 25 2009 2008 2007
Equity in income of subsidiaries and associates D $ 11,621 4,091 28,863
Rental income I 272 271 278
License fees I 1,002 1,197 1,177
Total revenues 12,895 5,559 30,318
Administrative expenses (37) (45) (28)
Operating income 12,858 5,514 30,290
Other expenses, net (1,285) (825) (1,310)
Operating income after other expenses, net 11,573 4,689 28,980
Comprehensive financing result:
Financial expense (7,163) (4,993) (3,425)
Financial income 1,197 1,670 693
Results from financial instruments (4,650) (4,792) (1,280)
Foreign exchange result 993 593 (311)
Monetary position result B – – 1,608
Comprehensive financing result (9,623) (7,522) (2,715)
Income (loss) before income tax 1,950 (2,833) 26,265
Income tax J (541) 5,111 (157)
NET INCOME $ 1,409 2,278 26,108
BASIC EARNINGS PER SHARE M $ 0.06 0.10 1.17
DILUTED EARNINGS PER SHARE M $ 0.06 0.10 1.17
The accompanying notes are part of these financial statements.