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Notes to the consolidated financial statements
• OnApril1,2011,theColombianTaxAuthoritynotiedCEMEXColombiaofaspecialproceeding
(requerimientoespecial)
inwhichthe
ColombianTaxAuthorityrejectedcertaindeductionstakenbyCEMEXColombiainits2009year-endtaxreturn.TheColombianTax
AuthorityassessedanincreaseintaxestobepaidbyCEMEXColombiaintheamountofapproximately$90billionColombianPesos
(approximatelyUS$47or$610)andimposedapenaltyintheamountofapproximately$144billionColombianPesos(approximately
US$75or$975).TheColombianTaxAuthorityarguesthatcertainexpensesarenotdeductibleforscalpurposesbecausetheyarenot
linkedtodirectrevenuesrecordedinthesamescalyear,withouttakingintoconsiderationthatfuturerevenuewillbetaxedwithincome
taxinColombia.CEMEXColombiarespondedtothespecialproceedingnoticeJune25,2011.OnDecember15,2011,theColombian
TaxAuthorityissueditsnaldetermination,whichconrmedtheinformationinthespecialproceeding.CEMEXColombiaappealedthe
naldeterminationonFebruary15,2012.OnJanuary17,2013,CEMEXColombiawasnotiedoftheresolutionconrmingtheofcial
liquidation.OnMay10,2013,CEMEXColombiaappealedthenaldetermination.Atthisstageoftheproceeding,asofDecember31,
2013,CEMEXisnotabletoassessthelikelihoodofanadverseresultintheproceedings,butifadverselyresolved,thisproceedingcould
haveamaterialadverseimpactonCEMEX’sresultsofoperations,liquidityornancialposition.
• OnNovember10,2010,theColombiantaxauthoritynotiedCEMEXColombiaofaproceedinginwhichtheColombiantaxauthority
rejectedcertaintaxlossestakenbyCEMEXColombiainits2007and2008year-endtaxreturn.Inaddition,theColombiantaxauthority
assessedanincreaseintaxestobepaidbyCEMEXColombiaintheamountofapproximately43billionColombianpesos(US$22or
$291)and imposed apenaltyin the amountof approximately69 billionColombian pesos(US$36 or$467), bothamounts asof
December31,2013.TheColombiantaxauthorityarguesthatCEMEXColombiaislimitedinitsuseofprioryeartaxlossesto25%of
suchlossespersubsequentyear.CEMEXbelievesthatthetaxprovisionthatlimitstheuseofprioryeartaxlossesdoesnotapplyin
thecaseofCEMEXColombiabecausetheapplicabletaxlawwasrepealedin2006.Furthermore,CEMEXbelievesthattheColombian
taxauthorityisnolongerabletoreviewthe2008taxreturnbecausethetimetoreviewsuchreturnhasalreadyexpiredpursuantto
Colombianlaw.TheColombiantaxauthorityissuedanofcialsettlementonJuly27,2011,whichconrmeditspositioninthespecial
request.TheofcialsettlementwasappealedbyCEMEXonSeptember27,2011.OnJuly31,2012,theColombiantaxauthority
notiedCEMEXColombiaoftheresolutionconrmingtheofcialliquidation.InNovember2012,CEMEXColombiaappealedtheofcial
assessment.CEMEX believesithas adequatelyreservedforthis proceeding.During2013, CEMEXColombiareacheda settlement
agreementwiththeColombianTaxAuthorityregardingits2007and2008year-endtaxreturns.Theamountpaidinconnectionwith
thesettlementregardingthe2007and2008year-endtaxreturnswas47billionColombianPesos(US$24or$318).OnAugust26,
2013andSeptember16,2013,thesettlementconrmationsweresignedinconnectionwiththeyears2007and2008,respectively,
representingtheofcialconclusionofthisproceeding.
20) Stockholders’ equity
AsofDecember31,2013and2012,stockholders’equityexcludesinvestmentsinCPOsofCEMEX,S.A.B.deC.V.heldbysubsidiariesof
approximately$269(17,558,782CPOs)and$229(18,028,276CPOs),respectively,whichwereeliminatedwithin“Otherequityreserves.”
20A) Common stock and additional paid-in capital
AsofDecember31,2013and2012,thebreakdownofcommonstockandadditionalpaid-incapitalwasasfollows:
2013 2012
Commonstock $ 4,143 4,139
Additionalpaid-incapital  84,800 113,929
   $ 88,943 118,068
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