Cemex 2013 Annual Report Download - page 82
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Please find page 82 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.Notes to the consolidated financial statements
AsofDecember31,2013and2012,CEMEX´sconsolidateddebtsummarizedbytypeofinstrument,wasasfollow:
2013 Short-term Long-term 2012 Short-term Long-term
Bank loans Bank loans
LoansinMexico,2014to2017 $ – 1,090 LoansinMexico,2013to2014 $ – 1,088
Loansinforeigncountries,2014to2018 6 1,234 Loansinforeigncountries,2013to2018 2 3,770
Syndicatedloans,2014to2017 – 53,102 Syndicatedloans,2013to2014 – 49,972
6 55,426 2 54,830
Notes payable Notes payable
NotespayableinMexico,2014to2017 – 589 NotespayableinMexico,2013to2017 – 568
Medium-termnotes,2014to2022 – 132,702 Medium-termnotes,2013to2020 – 120,535
Othernotespayable,2014to2025 87 2,170 Othernotespayable,2013to2025 80 2,120
87 135,461 80 123,223
Totalbankloansandnotespayable 93 190,887 Totalbankloansandnotespayable 82 178,053
Currentmaturities 3,866 (3,866) Currentmaturities 514 (514)
$ 3,959 187,021 $ 596 177,539
ChangesinconsolidateddebtfortheyearsendedDecember31,2013,2012and2011wereasfollows:
2013 2012 2011
Debtatbeginningofyear $ 178,135 208,471 194,394
Proceedsfromnewdebtinstruments 40,661 33,468 33,591
Debtrepayments (31,913) (52,699) (44,368)
Issuanceofdebtinexchangeforperpetualnotes – 4,123 1,491
Increase(decrease)frombusinesscombinations – – 1,352
Foreigncurrencytranslationandinationeffects 4,097 (15,228) 22,011
Debtatendofyear $ 190,980 178,135 208,471
Themostrepresentativeexchangeratesforthenancialdebtareasfollows:
January 31, 2014 2013 2012 2011
Mexicanpesosperdollar 13.36 13.05 12.85 13.96
Eurosperdollar 0.7377 0.7268 0.7576 0.7712
Thematuritiesofconsolidatedlong-termdebtasofDecember31,2013,wereasfollows:
2013
2015 $ 9,928
2016 55
2017 60,194
2018 34,236
2019andthereafter. 82,608
$ 187,021
AsofDecember31,2013,CEMEXhadthefollowinglinesofcredit,themajorityofwhicharesubjecttothebanks’availability,atannual
interestratesrangingbetween2.25%and8.33%,dependingonthenegotiatedcurrency:
Lines of credit Available
Otherlinesofcreditinforeignsubsidiaries $ 6,441 4,892
Otherlinesofcreditfrombanks 3,712 3,676
$ 10,153 8,568
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