building a STRONGER foundation - Cemex

CEMEX, S.A.B. DE C.V. AND SUBSIDIARIES
Consolidated Balance Sheets
(Millions of Mexican pesos)
F-4
December 31,
Note 2010 2009
ASSETS
CURRENT ASSETS
Cash and investments ........................................................................................................... 4 Ps 8,354 14,104
Trade receivables less allowance for doubtful accounts ....................................................... 5 12,193 13,383
Other accounts receivable..................................................................................................... 6 16,124 9,340
Inventories, net ..................................................................................................................... 7 15,544 17,191
Other current assets .............................................................................................................. 8 2,352 2,752
Total current assets ....................................................................................................... 54,567 56,770
NON-CURRENT ASSETS
Investments in associates...................................................................................................... 9A 8,261 10,895
Other investments and non-current accounts receivable....................................................... 9B 14,914 21,249
Property, machinery and equipment, net .............................................................................. 10 231,458 258,863
Goodwill, intangible assets and deferred charges, net .......................................................... 11 205,897 234,509
Total non-current assets................................................................................................ 460,530 525,516
TOTAL ASSETS ............................................................................................................................ Ps 515,097 582,286
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Short-term debt including current maturities of long-term debt ........................................... 12A Ps 5,637 7,393
Other financial obligations ................................................................................................... 12A 115 375
Trade payables...................................................................................................................... 18,686 18,194
Other accounts payable and accrued expenses ..................................................................... 13 30,681 23,251
Total current liabilities.................................................................................................. 55,119 49,213
NON-CURRENT LIABILITIES
Long-term debt..................................................................................................................... 12A 197,181 203,751
Other financial obligations ................................................................................................... 12A 1,887 1,715
Employee benefits ................................................................................................................ 14 7,583 7,458
Deferred income taxes.......................................................................................................... 15B 17,147 32,642
Other non-current liabilities.................................................................................................. 13 22,480 29,937
Total non-current liabilities........................................................................................... 246,278 275,503
TOTAL LIABILITIES .................................................................................................................. 301,397 324,716
STOCKHOLDERS’ EQUITY
Controlling interest:
Common stock and additional paid-in capital................................................................... 16A 108,722 102,924
Other equity reserves ........................................................................................................ 16B 22,180 28,484
Retained earnings.............................................................................................................. 16C 79,790 81,056
Net (loss) income.............................................................................................................. (16,516) 1,409
Total controlling interest............................................................................................... 194,176 213,873
Non-controlling interest and perpetual debentures ........................................................... 16D 19,524 43,697
TOTAL STOCKHOLDERS’ EQUITY....................................................................................... 213,700 257,570
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY ................................................... Ps 515,097 582,286
The accompanying notes are part of these consolidated financial statements.