Cemex 2013 Annual Report Download - page 44
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Years ended December 31,
Note 2013 2012 2011
Netsales 3 $ 195,661 197,036 189,887
Costofsales 2R (134,774) (138,706) (136,181)
Gross prot 60,887 58,330 53,706
Administrativeandsellingexpenses (24,142) (23,749) (25,674)
Distributionexpenses (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
Otherexpenses,net 6 (4,903) (5,490) (5,233)
Operating earnings 2 14,601 11,511 6,629
Financialexpense 16 (19,937) (18,511) (16,878)
Othernancialincome(expense),net 7 1,706 977 (2,214)
Equityingain(loss)ofassociates 13A 229 728 (334)
Loss before income tax (3,401) (5,295) (12,797)
Incometax 19 (6,210) (6,043) (12,135)
Consolidated net loss (9,611) (11,338) (24,932)
Non-controllinginterestnetincome 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 Thelineitem“Operatingearningsbeforeotherexpenses,net”wastitledbyCEMEXuntiltheyearendedDecember31,2011as“Operatingincome”(note2A).
2 Thelineitem“Operatingearnings”wastitledbyCEMEXuntiltheyearendedDecember31,2011as“Operatingincomeafterotherexpenses,net”(note2A).
Consolidated statements of operations
CEMEX, S.A.B. de C.V. and Subsidiaries
(Millions of Mexican pesos, except for loss per
share)
Theaccompanyingnotesarepartoftheseconsolidatednancialstatements.
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