Balance Sheet

 


As of December 31, 2008 and 2007. Figures in thousands of U.S. dollars.

See Consolidate Balance Sheet quarterly/semi-annual

 
ASSETS
As of December 31, 2008
As of December 31, 2007
Current Assets
Cash
21.618
18.236
Time deposits
136.613
85.523
Marketable securities
165.689
60.453
Accounts receivable, net
270.161
189.744
Other accounts receivable, net
64.623
66.223
Accounts receivable from related companies
51.027
35.767
Inventories, net
540.727
387.768
Recoverable taxes
37.081
31.322
Prepaid expenses
5.490
4.197
Deferred income taxes
34.802
0
Other current assets
11.583
24.721
Total Current Assets
1.339.414
903.954
 
Property, Plant and Equipment, Net
1.119.920
983.449
 
Other Assets
Investments in related companies
36.951
23.935
Goodwill, net
31.901
34.236
Negative goodwill, net
-1.279
-1.291
Intangible assets, net
6.223
6.232
Amortization
-3.108
-2.418
Long-term accounts receivable, net
767
604
Long-term accounts receivable from related companies
2.000
2.000
Other long-term assets
34.426
35.618
Total Other Assets
107.881
98.916
 
TOTAL ASSETS
2.567.215
1.986.319
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
Liabilities
Current Liabilities
Short-term bank debt
133.355
1.807
Current portion of long-term debt
451
801
Bonds
0
0
Current portion of bonds payable
7.929
8.868
Dividends payable
656
531
Accounts payable
109.763
103.922
Other accounts payable
357
1.820
Notes and accounts payable to related companies
178
1.987
Accrued liabilities
30.414
22.314
Withholdings
32.252
22.931
Income taxes
89.186
9.514
Deferred income taxes
0
6.214
Deferred income
31.722
10.858
Other current liabilities
9.643
855
Total Current Liabilities
445.906
192.422
 
Long-Term Liabilities
Long-term bank debt
230.000
180.000
Long-term obligations with the public
285.940
306.651
Other accounts payable
397
731
Deferred income taxes
57.485
55.409
Staff severance indemnities
37.310
22.671
Total Long-Term Liabilities
611.132
565.462
 
Minority Interest
47.069
45.999
 
Shareholders' Equity
0
0
Paid-in capital
477.069
45.999
Other reserves
159.721
163.442
Retained earnings
926.001
541.608
Total Shareholders' Equity
1.463.108
1.182.436
 
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
2.567.215
1.986.319