 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Thousands of Mexican Pesos) |
____INDUSTRIAS PEÑOLES, S.A. DE C.V AND SUBSIDIARIES |
|
||||||||||||||||||
| 2004 | 2005 | 2006 | 2007 | 2008 | |||||||||||||||||
| Operating Activities: |
|
||||||||||||||||||||
| Majority Net Profit for the Year |
1,043,616 | 1,693,020 | 4,113,164 | |
|||||||||||||||||
| Charges (Credits) to Income not Requiring the Use of Funds: |
|
||||||||||||||||||||
| Depreciation, Amortization and Depletion |
1,167,035 | 1,183,313 | 1,345,724 | |
|||||||||||||||||
| Write-Down of Assets |
280,588 | 196,973 | 166,036 | |
|||||||||||||||||
| Deferred Credits |
(62,771) | (263,500) | 259,128 | |
|||||||||||||||||
| Minority Interest |
52,142 | 218,486 | 226,251 | |
|||||||||||||||||
| Equity in Associated Companies |
(16,129) | (45,272) | 73,861 | |
|||||||||||||||||
| Equity in Associated Companies |
0 | 0 | 0 | |
|||||||||||||||||
| Premium on Suscription of Shares |
112,712 | 132,860 | 0 | |
|||||||||||||||||
| Other Items |
2,577,193 | 2,650,769 | (743,654) | |
|||||||||||||||||
|
|
|
||||||||||||||||||||
| Increase (Decrease) in Operating Funds: |
|
||||||||||||||||||||
| Accounts Receivable |
(329,696) | (943,416) | (1,670,974) | |
|||||||||||||||||
| Inventories |
(276,698) | (1,104,672) | (1,941,802) | |
|||||||||||||||||
| Prepaid Expenses |
(12,562) | 17,248 | 0 | |
|||||||||||||||||
| Notes, Accounts Payable and Accrued Expenses |
169,686 | 331,592 | 1,147,015 | |
|||||||||||||||||
| Income Tax |
8,627 | 710,500 | (277,310) | |
|||||||||||||||||
| Employee Profit Sharing |
57,450 | 108,674 | 0 | |
|||||||||||||||||
| Deferred Charges and Other Items |
26,703 | (37,774) | (141,037) | |
|||||||||||||||||
| Other liabilities |
6,280 | 15,870 | 94,192 | |
|||||||||||||||||
| Funds Provided by Operating Activities |
2,226,983 | 1,731,543 | 2,650,594 | |
|||||||||||||||||
| Financing Activities: |
|
||||||||||||||||||||
| Bank Loans |
1,239,004 | 1,803,818 | 9,152,314 | |
|||||||||||||||||
| Amortization of Bank Loans in Real Terms |
(1,197,661) | (1,620,303) | (8,184,929) | |
|||||||||||||||||
| Dividends Paid to Majority Shareholders |
(102,767) | (510,986) | (818,879) | |
|||||||||||||||||
| Minority Shareholders |
29,635 | 27,988 | 34,413 | |
|||||||||||||||||
| Premium on Suscription of Shares | |||||||||||||||||||||
| Dividends Received from Associated Companies |
0 | 0 | 0 | |
|||||||||||||||||
| Reimbursement of Minority Stockholders |
0 | (56,365) | 0 | |
|||||||||||||||||
| Minority Dividends |
(58,750) | (312,079) | (70,881) | |
|||||||||||||||||
| Funds Provided by (Used in) Financing Activities |
(90,539) | (667,927) | 112,038 | |
|||||||||||||||||
| Investing Activities:: |
|
||||||||||||||||||||
| Acquisition of Property, Plant and Equipment |
1,847,323 | 2,342,248 | 2,822,671 | |
|||||||||||||||||
| Sale of Assets |
0 | 0 | (1,357,775) | |
|||||||||||||||||
| Loans granted to third parties |
23,111 | 15,563 | (61,151) | |
|||||||||||||||||
| Purchase of Shares: |
|
||||||||||||||||||||
| - Of Associated Companies |
370 | 5,651 | 33,986 | |
|||||||||||||||||
| - Own |
0 | 0 | (91,052) | |
|||||||||||||||||
| Restricted Investments |
(4,418) | (36,126) | 604,794 | |
|||||||||||||||||
| Other |
73,660 | 100,755 | 2,594 | |
|||||||||||||||||
| Funds Used in Investing Activities |
1,940,046 | 1,526,995 | 1,954,067 | |
|||||||||||||||||
| Increase (Decrease) in Cash and Temporary Investments |
196,398 | (463,379) | 808,565 | |
|||||||||||||||||
| Note: audited figures expressed in Mexican pesos of purchasing power as at December 31st. of each year. |
|
||||||||||||||||||||