Cemex 2013 Annual Report Download - page 144

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Notes to the financial statements
4) Other nancial (expense) income, net
Othernancial(expense)income,net,asofDecember31,2013,2012and2011,isasfollows:
2013 2012 2011
Financialincome $ 531 838 1,565
Resultsfromnancialinstruments,net(notes10D)  (1,107) (30) (259)
   $ (576) 808 1,306
5) Cash and cash equivalents
AsofDecember31,2013and2012,cashandcashequivalentsincludecashandbankaccountsof$5and$20,respectively.Basedonnet
settlementagreements,thebalanceofcashandcashequivalentsexcludesdepositsinmarginaccountsthatguaranteeseveralobligationsof
CEMEX,S.A.B.deC.V.ofapproximately$975in2012,whichwereoffsetagainstthecorrespondingobligationsofCEMEX,S.A.B.deC.V.
withthecounterparties,consideringCEMEX’sright,abilityandintentiontosettletheamountsonanetbasis.
6) Other accounts receivable
AsofDecember31,2013and2012,short-termaccountsreceivableincludethefollowing:
2013 2012
Otherrefundabletaxes $ 525 645
Financialinstruments  390 –
   $ 915 645
7) Investments in subsidiaries and associates and other investments and non-current accounts receivable
7A) Investments in subsidiaries and associates
AsofDecember31,2013and2012,investmentinsharesofsubsidiariesandassociates,valuedatcost,includethefollowing:
Activity Country % 2013 2012
CEMEXMéxico,S.A.deC.V. Cement Mexico 100.0 $ 238,186 234,535
CEMEXTrademarksHoldingLtd. Holding Switzerland 48.7  46,538 45,825
CEMEXOperacionesMéxico,S.A.deC.V. Holding Mexico 13.8  19,600 19,300
CEMEXCentral,S.A.deC.V. AdministrativeServices Mexico 100.0  6,596 6,495
ControlAdministrativoMexicano,S.A.deC.V Cement Mexico 49.0  4,561 4,491
Othercompanies – – –  421 414
   $ 315,902 311,060
During2012,CEMEX,S.A.B.deC.V.madecapitalcontributionstooneoftheMexicansubsidiariesofapproximately$10,584.
7B) Other investments and non-current accounts receivable
AsofDecember31,2013and2012,otherinvestmentsandnon-currentaccountsreceivableincludethefollowing:
2013 2012
Otherinvestments $ 87 98
Financialderivativeinstruments(note10D)  6,264 4,276
   $ 6,351 4,374
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