A Time To Build Caribbean Cement Company Limited Annual ...
A Time To Build Caribbean Cement Company Limited Annual ...
A Time To Build Caribbean Cement Company Limited Annual ...
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CARIBBEAN CEMENT COMPANY<br />
AND ITS SUBSIDIARIES<br />
Consolidated Balance Sheet<br />
As at 31 December 2004<br />
(Expressed in Jamaican Dollars)<br />
CARIBBEAN CEMENT COMPANY<br />
AND ITS SUBSIDIARIES<br />
Consolidated Statement of Earnings<br />
Year ended 31 December 2004<br />
(Expressed in Jamaican Dollars)<br />
Notes 2004 2003<br />
$’000 $’000<br />
STOCKHOLDERS’ EQUITY<br />
Capital and reserves<br />
Share capi<br />
tal 24 425,569 425,569<br />
Reserves 1,816,476 1,033,695<br />
-<br />
2,242,045 1,459,264<br />
Defe<br />
rred gain 6 529,076 642,851<br />
-<br />
GROUP EQUITY 2,771,121 2,102,115<br />
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The accompanying notes for<br />
orm<br />
an int<br />
n egral part of the<br />
se fi<br />
nancial statements.<br />
On 25 February 2005, the Board of Directors aut<br />
horised these fi<br />
nancial statements for<br />
issue.<br />
Notes 2004 2003<br />
$’000 $’000<br />
Revenue 3 5,452,759 4,016,643<br />
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Operating profi<br />
t 3 888,777 811,894<br />
Finance costs - net 5 (29,765) (179,594)<br />
-<br />
Profi<br />
t befor<br />
e taxation 859,012 632,300<br />
Taxation 7 (16,651) (177,416)<br />
-<br />
Profi<br />
t aft<br />
er taxation 8 842,361 454,884<br />
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Cents<br />
Cents<br />
Earnings per ordinary stock unit 9 99 53<br />
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……………………………………Director<br />
Brian W. Young<br />
………………………………….Director<br />
Rollin Bertrand<br />
The accompanying notes for<br />
orm<br />
an int<br />
n egral part of the<br />
se fi<br />
nancial statements.<br />
2004 ANNUAL REPORT<br />
30<br />
31<br />
2004 ANNUAL REPORT
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