2006 - Eastern Caribbean Securities Exchange

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Consolidated Balance Sheetas at 31st December, 2006Expressed in Thousands of Trinidad and Tobago dollars(continued) Notes 2006 2005Equity attributable to the parentStated capital 17a) 466,206 466,206ESOP shares (34,770) (36,111)Other reserves 17b) (121,137) (113,315)Retained earnings 848,682 715,0611,158,981 1,031,841Minority interests 108,513 107,277Total equity 1,267,494 1,139,118The accompanying notes form an integral part of these financial statements.On 16th March, 2007 the Board of Directors of Trinidad Cement Limited authorised these financial statementsfor issue.DirectorDirectorAnnual Report 2006
Consolidated Statement of Earningsfor the year ended 31st December, 2006Expressed in Thousands of Trinidad and Tobago dollarsNotes 2006 2005Revenue 25.1 1,719,002 1,429,834Operating profit before cement claims 3 295,114 183,930Cement claims 3 (30,271) –Operating profit after cement claims 264,843 183,930Finance costs – net 4 (104,355) (97,131)Profit before taxation 160,488 86,799Taxation 5 (8,721) 66,968Profit after taxation 151,767 153,767Attributable to:Shareholders of the parent 145,665 160,326Minority interests 6,102 (6,559)151,767 153,767Earnings per share:Basic and diluted (cents) 6 60 66The accompanying notes form an integral part of these financial statements.
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ContentsOur Vision and Mission Stat
Page 4 and 5:
Notice of Annual MeetingNotice is h
Page 6 and 7: Consolidated Financial Summary 2001
Page 8 and 9: Share PerformanceTrading Volumes (t
Page 10 and 11: A new record in TrinidadSince the b
Page 12 and 13: Board of Directorsfrom left to righ
Page 14 and 15: Board of Directorsand Director of U
Page 16 and 17: On the ball in GuyanaWhen the crowd
Page 18 and 19: Beyond Boundaries in JamaicaAcross
Page 20 and 21: Group Executive Committeefrom left
Page 22 and 23: Chairman’s Reviewslings by 92%. T
Page 24 and 25: Playing to win in BarbadosThe missi
Page 26 and 27: Group Chief Executive Officer’s R
Page 36 and 37: Trinidad Cement LimitedTrinidad Cem
Page 38 and 39: Caribbean Cement Company LimitedCar
Page 40 and 41: Arawak Cement Company LimitedArawak
Page 42 and 43: Readymix (West Indies) LimitedReady
Page 44 and 45: TCL Packaging LimitedTCL Packaging
Page 46 and 47: TCL Ponsa Manufacturing LimitedTCL
Page 48 and 49: TCL Guyana Inc.TCL Guyana Inc. was
Page 50 and 51: Rally ‘round the youthWithin our
Page 52 and 53: Management Proxy CircularREPUBLIC O
Page 54 and 55: Independent Auditors’ ReportTo th
Page 58 and 59: Consolidated Statement of Changes i
Page 60 and 61: Notes to the Consolidated Financial
Page 74: Notes to the Consolidated Financial
Page 89: Proxy FormPLEASE INDICATE WITH AN
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2006 - Eastern Caribbean Securities Exchange

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