Directors - Caribbean Cement Company Limited

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CARIBBEAN CEMENT COMPANY LIMITED AND ITS SUBSIDIARIESConsolidated Statement of EarningsYear ended 31 December 2008(Expressed in Jamaican Dollars)Notes2008$’0002007$’000Revenue 3 8,805,293 7,847,307Operating profit before cement claims 3 948,573 819,213<strong>Cement</strong> claims 4 - (21,500)Operating profit 3 948,573 797,713Interest income10,5034,756Finance costs 6 (387,144) (142,797)Profit before taxation 571,932 659,672Taxation charge 8 (155,494) (137,549)Profit after taxation 9 416,438 522,123CentsCentsEarnings per ordinary stock unit 10 49 61The accompanying notes form an integral part of these financial statements.324CARIBBEAN CEMENT COMPANY & ITS SUBSIDIARIES
CARIBBEAN CEMENT COMPANY LIMITED AND ITS SUBSIDIARIESConsolidated Statement Of Changes In EquityYear ended 31 December 2008(Expressed in Jamaican Dollars)Realized TotalNotes Revaluation capital Accumulated Total Share capital &reserves gain (losses)profit reserves capital reserves$’000 $’000 $’000 $’000 $’000 $’000Balance as at 31 December 2006 52,654 1,059,481 (474,925) 637,210 1,808,837 2,446,047Net profit for the year - - 522,123 522,123 - 522,123Transfer of realized gain 7 - 113,775 (113,775) - - -Amortization for the year 28 (47,462) 47,462 - - - ------------------ ----------------- --------------- ----------------- ----------------- -----------------Balance as at 31 December 2007 5,192 1,220,718 (66,577) 1,159,333 1,808,837 2,968,170Net profit for the year - - 416,438 416,438 - 416,438Transfer of realized gain 7 - 113,775 (113,775) - - -Amortization for the year 28 (5,192) 5,192 - - - ------------------ ---------------- --------------- ----------------- ---------------- -----------------Balance as at 31 December 2008 - 1,339,685 236,086 1,575,771 1,808,837 3,384,608The accompanying notes form an integral part of these financial statements.33ANNUAL REPORT 2008
Page 3 and 4: Corporate DataCARIBBEAN CEMENT COMP
Page 5 and 6: Mr. Derek Jones wasappointed to the
Page 7: Objectives of the BoardAudit Commit
Page 10 and 11: Statement from the ChairmanThe year
Page 12 and 13: Outlook for 2009With the impact of
Page 14 and 15: Management Discussion & AnalysisOpe
Page 16 and 17: 10.009.008.007.006.005.004.003.002.
Page 18: Senior Management TeamFrancis L.A.
Page 21 and 22: 21ANNUAL REPORT 2008
Page 23 and 24: CEMENT MILL 5UNDER CONSTRUCTIONThe
Page 25 and 26: ‘PLANTS FOR LIFE’The Plants for
Page 28 and 29: Ten Year Financial Summary(In $’0
Page 30 and 31: CARIBBEAN CEMENT COMPANY LIMITED AN
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CARIBBEAN CEMENT COMPANY LIMITED AN
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CARIBBEAN CEMENT COMPANY LIMITED AN
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Directors - Caribbean Cement Company Limited

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