Cemex 2013 Annual Report Download - page 146

Download and view the complete annual report

Please find page 146 of the 2013 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 172

  • 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
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

Notes to the financial statements
2013 Short-term Long-term 2012 Short-term Long-term
Bank loans Bank loans
LoansinMexico,2014to2017 $ – 1,090 LoansinMexico,2013to2014 $ – 1,088
Loansinforeigncountries,2014to2018  – 223 Loansinforeigncountries,2013to2018 – 1,848
Syndicatedloans,2014to2017  – 13,452 Syndicatedloans,2013to2014 – 11,578
  – 14,765 – 14,514
Notes payable Notes payable
NotespayableinMexico,2014to2017  – 589 NotespayableinMexico,2013to2017 – –
Medium-termnotes,2014to2021  – 78,287 Medium-termnotes,2013to2020 – 568
Othernotespayable,2014to2025  – – Othernotespayable,2013to2025 – 37,347
  – 78,876 – 37,915
Totalbankloansandnotespayable  – 93,641 Totalbankloansandnotespayable – 52,429
 Currentmaturities 50 (50)  Currentmaturities 64 (64)
  $ 50 93,591 $ 64 52,365
ChangesindebtfortheyearsendedDecember31,2013,2012and2011areasfollows:
2013 2012 2011
Debtatbeginningofyear $ 52,429 64,671 44,800
 Proceedsfromnewdebtinstruments 40,272 6,417 29,434
 Debtrepayments (152) (13,364) (15,364)
 Foreigncurrencytranslationeffect 1,092 (5,295) 5,801
Debtatendofyear $ 93,641 52,429 64,671
Long-termdebtmaturitiesasofDecember31,2013,areasfollows:
2013
2015  $ 10,383
2016  50
2017  15,182
2018  34,234
2019andthereafter  33,742
   $ 93,591
[145]