Cemex 2013 Annual Report Download - page 44

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Years ended December 31,
Note 2013 2012 2011
Netsales 3 $ 195,661 197,036 189,887
Costofsales 2R (134,774) (138,706) (136,181)
Gross prot 60,887 58,330 53,706
Administrativeandsellingexpenses (24,142) (23,749) (25,674)
Distributionexpenses (17,241) (17,580) (16,170)
    2R (41,383) (41,329) (41,844)
Operating earnings before other expenses, net 1 19,504 17,001 11,862
Otherexpenses,net 6 (4,903) (5,490) (5,233)
Operating earnings 2 14,601 11,511 6,629
Financialexpense 16 (19,937) (18,511) (16,878)
Othernancialincome(expense),net 7  1,706 977 (2,214)
Equityingain(loss)ofassociates 13A  229 728 (334)
Loss before income tax (3,401) (5,295) (12,797)
Incometax 19  (6,210) (6,043) (12,135)
Consolidated net loss (9,611) (11,338) (24,932)
 Non-controllinginterestnetincome 1,223 662 21
Controlling interest net loss $ (10,834) (12,000) (24,953)
Basic loss per share 22 $ (0.30) (0.34) (0.72)
Diluted loss per share 22 $ (0.30) (0.34) (0.72)
1 Thelineitem“Operatingearningsbeforeotherexpenses,net”wastitledbyCEMEXuntiltheyearendedDecember31,2011as“Operatingincome”(note2A).
2 Thelineitem“Operatingearnings”wastitledbyCEMEXuntiltheyearendedDecember31,2011as“Operatingincomeafterotherexpenses,net”(note2A).
Consolidated statements of operations
CEMEX, S.A.B. de C.V. and Subsidiaries
(Millions of Mexican pesos, except for loss per
share)
Theaccompanyingnotesarepartoftheseconsolidatednancialstatements.
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