SAFETY AND SECURITY - Caribbean Cement Company Limited

c a r i b b e a n c e m e n t co m pa ny a n d i t s s u b s i d i a r i e s
CARIBBEAN CEMENT COMPANY LIMITED AND ITS SUBSIDIARIES
Notes to the Consolidated Financial Statements
Year ended 31 December 2006
(Expressed in Jamaican Dollars)
10. Earnings per ordinary stock unit
DRAFT
Group
2006 2005
$’000 $’000
Profit attributable to
stockholders 77,166 168,927
Number of stock units in
issue (thousands) 851,138 851,138
Earnings per ordinary
stock unit (cents) 9 20
11. Related party transactions
a) Transactions with Trinidad Cement Limited and its subsidiaries:
Included in the statement of earnings:
(Income) Expenses –
Group Company
2006 2005 2006 2005
$’000 $’000 $’000 $’000
Inventory storage fee received (880) (1,249) (880) (1,249)
Sale of gypsum (34,028) (28,542) - -
Interest earned on long-term loan (6,900) (8,120) (6,900) (8,120)
Purchase (sale) of spares 198,125 (21,457) 198,125 (21,457)
Inventory usage fee paid 9,272 11,707 9,272 11,707
Technical assistance fee charges 53,792 69,065 53,792 69,065
Purchase of goods and materials 343,245 291,382 343,245 291,382
Interest charges on advances 13,792 38,805 13,792 38,805
Payments under operating lease (Note 12) 591,601 578,381 591,601 578,381
Included in balance sheet:
Group Company
2006 2005 2006 2005
$’000 $’000 $’000 $’000
Short-term amounts (advanced)
received, net (365,690) 119,102 (365,478) 116,304
Long-term amounts received 707,796 435,200 707,796 435,200
Included in property, plant
and equipment:
Interest capitalised 47,829 - 47,829 -
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C a r i b b e a n C e m e n t C o m pa n y an d i t s s u b s i d i a r i e s 2 0 0 6 A n n u a l R e p o r t
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