24 Apr 2009 07:00
Asia Cement Corporation
Balance sheets
December 31, 2008
(In Thousand of New Taiwan Dollars)
| Asset | Amount | Liabilities & Shareholders' Equity | Amount |
| Current Asset | 9,125,262 | Current Liabilities | 5,121,382 |
| Long Term investment | 76,352,304 | Long term interest bearing Liabilities | 23,369,087 |
| Fixed assets | 2,468,030 | Provision for land tax | 1,443,866 |
| Other assets | 8,476,006 | Other Liabilities | 1,647,172 |
| Total Liabilities | 31,581,507 | ||
| Capital Stock | 28,987,723 | ||
| Stock Dividends to be Distributed | - | ||
| Capital Surplus | 8,080,494 | ||
| Retained earnings | 20,490,138 | ||
| Other adjustment for Shareholders' Equity | 7,281,740 | ||
| Total Shareholders' Equity | 64,840,095 | ||
| Total Assets | 96,421,602 | Total Liabilities & Shareholders' Equity | 96,421,602 |
Asia Cement Corporation
Statements of Income
For the twelve months ended December 31, 2008
(In Thousand of New Taiwan Dollars, except earnings per share)
| Item | Amount |
| Net sales | 10,515,471 |
| Cost of good sold | 8,867,787 |
| Gross Profit | 1,647,684 |
| Unrealized Profit | (2,519) |
| Realized Gross Profit | 1,645,165 |
| Operating Expense | 615,852 |
| Operating income | 1,029,313 |
| Non-operation Income | 7,792,612 |
| Non-operation Expense | 1,277,587 |
| Income before tax | 7,544,338 |
| Tax | 229,696 |
| Net income | 7,314,642 |
| Earnings per share after tax | 2.52 |