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A Time To Build Caribbean Cement Company Limited Annual ...

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CARIBBEAN CEMENT COMPANY<br />

AND ITS SUBSIDIARIES<br />

<strong>Company</strong> Statement of Earnings<br />

Year ended 31 December 2004<br />

(Expressed in Jamaican Dollars)<br />

Notes 2004 2003<br />

$’000 $’000<br />

Revenue 3 5,343,651 3,946,418<br />

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Operating profi<br />

t 3 767,997 820,088<br />

Finance costs - net 5 (30,315) (184,816)<br />

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Profi<br />

t befor<br />

e taxation 737,682 635,272<br />

Taxation 7 (206,680) (177,416)<br />

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Profi<br />

t aft<br />

er taxation 8 531,002 457,856<br />

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Cents<br />

Cents<br />

Earnings per ordinary stock unit 9 62 54<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 />

CARIBBEAN CEMENT COMPANY<br />

AND ITS SUBSIDIARIES<br />

<strong>Company</strong> Statement of Changes in Equity<br />

Year ended 31 December 2004<br />

(Expressed in Jamaican Dollars)<br />

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<br />

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<br />

$’000 $’000 $’000 $’000 $’000 $’000 $’000<br />

1,383,268 242,502 414,528 (686,485) 1,353,813 425,569 1,779,382<br />

Net profi<br />

t for<br />

the year - - - 457,856 457,856 - 457,856<br />

<br />

Amortisation for<br />

the year (Note 25) - (47,462) 47,462 - - - -<br />

Dividends paid - - - (59,580) (59,580) - (59,580)<br />

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1,383,268 195,040 575,765 (401,984) 1,752,089 425,569 2,177,658<br />

Net profi<br />

t for<br />

the year - - - 531,002 531,002 - 531,002<br />

Transfe<br />

r of realised gain (Note 6) - - 113,775 (113,775) - - -<br />

Amortisation for<br />

the year (Note 25) - (47,462) 47,462 - - - -<br />

Dividends paid - - - (59,580) (59,580) - (59,580)<br />

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1,383,268 147,578 737,002 (44,337) 2,223,511 425,569 2,649,080<br />

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2004 ANNUAL REPORT<br />

36 37<br />

2004 ANNUAL REPORT

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