Directors - Caribbean Cement Company Limited

CARIBBEAN CEMENT COMPANY LIMITED AND ITS SUBSIDIARIESCompany Statement of Changes In EquityYear ended 31 December 2008(Expressed in Jamaican Dollars)Realized TotalRevaluation capital Accumulated Total Share capital &Notes reserves gain (losses) profit reserves capital reserves$’000 $’000 $’000 $’000 $’000 $’000Balance as at 31 December 2006 52,654 1,059,476 (366,344) 745,786 1,808,837 2,554,623Net profit for the year - - 405,107 405,107 - 405,107Transfer to realized gain 7 - 113,775 (113,775) - - -Amortization for the year 28 (47,462) 47,462 - - - ------------------ ----------------- ----------------- ----------------- ----------------- -----------------Balance as at 31 December 2007 5,192 1,220,713 (75,012) 1,150,893 1,808,837 2,959,730Net profit for the year - - 349,002 349,002 - 349,002Transfer to realized gain 7 - 113,775 (113,775) - - -Amortization for the year 28 (5,192) 5,192 - - - ------------------ ----------------- ----------------- ----------------- ----------------- -----------------Balance as at 31 December 2008 - 1,339,680 160,215 1,499,895 1,808,837 3,308,732The accompanying notes form an integral part of these financial statements.38CARIBBEAN CEMENT COMPANY & ITS SUBSIDIARIES