building a STRONGER foundation - Cemex

CEMEX, S.A.B. DE C.V. (PARENT COMPANY-ONLY) AND CEMEX, S.A.B. DE C.V. AND SUBSIDIARIES
Statement of Changes in Stockholders’ Equity
(Millions of Mexican pesos)
Total
Total
Additional paid- Other equity Retained controlling Non-controlling stockholders’
Note Common stock in capital reserves
earnings
interest
interest
equity
Balance at December 31, 2007....................................................... Ps 4,115 63,379 (104,574) 200,248 163,168 40,985 204,153
Currency translation of foreign subsidiaries................................. 16B – – 30,987 – 30,987 – 30,987
Hedge derivative financial instruments ........................................ 12 – – (297) – (297) – (297)
Deferred income tax recognized directly in equity ...................... 15 – – 558 – 558 – 558
Net income .................................................................................... – – – 2,278 2,278 45 2,323
Comprehensive income for the period ............................................. – – 31,248 2,278 33,526 45 33,571
Adoption of new Mexican Financial Reporting Standards.............. – – 104,640 (107,843) (3,203) – (3,203)
Dividends (0.29 pesos per share) .................................................... 16A – – – (7,009) (7,009) – (7,009)
Issuance of common stock................................................................ 16A 2 6,792 – – 6,794 – 6,794
Treasury shares owned by subsidiaries ............................................ 16 – – 12 – 12 – 12
Issuance and effects of perpetual debentures ................................... 16D – – (2,596) – (2,596) 8,025 5,429
Changes in non-controlling interest ................................................. 16D – – – – – (2,480) (2,480)
Balance at December 31, 2008....................................................... 4,117 70,171 28,730 87,674 190,692 46,575 237,267
Currency translation of foreign subsidiaries................................. 16B – – (904) – (904) – (904)
Hedge derivative financial instruments ........................................ 12 – – 450 – 450 – 450
Deferred income tax recognized directly in equity ...................... 15 – – 941 – 941 – 941
Net income .................................................................................... – – – 1,409 1,409 240 1,649
Comprehensive income for the period ............................................. – – 487 1,409 1,896 240 2,136
Adoption of new Mexican Financial Reporting Standards.............. – – – (2,245) (2,245) – (2,245)
Capitalization of retained earnings .................................................. 16A 3 4,370 – (4,373) – – –
Issuance of common stock................................................................ 16A 7 14,633 – – 14,640 – 14,640
Treasury shares owned by subsidiaries ............................................ 16 – 9,623 – – 9,623 – 9,623
Issuance and effects of convertible securities .................................. 16B – – 1,971 – 1,971 – 1,971
Issuance and effects of perpetual debentures ................................... 16D – – (2,704) – (2,704) (1,636) (4,340)
Changes in non-controlling interest ................................................. 16D – – – – – (1,482) (1,482)
Balance at December 31, 2009....................................................... 4,127 98,797 28,484 82,465 213,873 43,697 257,570
Currency translation of foreign subsidiaries................................. 16B – – (12,050) – (12,050) – (12,050)
Deferred income tax recognized directly in equity ...................... 15 – – 737 – 737 – 737
Net loss.......................................................................................... – – – (16,516) (16,516) 27 (16,489)
Comprehensive loss for the period................................................... – – (11,313) (16,516) (27,829) 27 (27,802)
Adoption of new Mexican Financial Reporting Standards.............. – – – 2,806 2,806 – 2,806
Capitalization of retained earnings................................................... 16A 5 5,476 – (5,481) – – –
Issuance of common stock................................................................ 16A – 317 – – 317 – 317
Issuance and effects of convertible securities .................................. 16B – – 1,232 – 1,232 – 1,232
Issuance and effects of perpetual debentures ................................... 16D – – 3,777 – 3,777 (23,549) (19,772)
Changes in non-controlling interest ................................................. 16D – – – – – (651) (651)
Balance at December 31, 2010....................................................... Ps 4,132 104,590 22,180 63,274 194,176 19,524 213,700
The accompanying notes are part of these consolidated and Parent Company-only financial statements.
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