Interim Results

30 Aug 2006 07:00

Asia Cement Corporation30 August 2006 Asia Cement Corporation Balance sheet June 30, 2006 (In Thousand New Taiwan Dollars) Asset Amount Liabilities & Shareholders' Equity Amount Current Asset 9,369,128 Current Liabilities 7,172,333 Long Term investment 56,753,344 Long term interest bearing Liabilities 12,704,316 Fixed assets 1,914,120 Provision for land tax 1,443,866 Other assets 8,381,019 Other Liabilities 1,816,663 - Total Liabilities 23,137,178 - - - Capital Stock 23,445,566 - Undistributed Stock Dividend 1,875,645 - Capital Surplus 9,709,939 - Retained earnings 14,919,090 - Other adjustment for Retained earnings 3,330,193 - Total Equity 53,280,433 Total Assets 76,417,611 Total Liabilities & Shareholders' Equity 76,417,611 Asia Cement Corporation Statement of Income For the six months ended June 30,2006 (In Thousand New Taiwan Dollars, except earnings per share) Item Amount Net sales 5,339,500 Cost of good sold 3,954,336 Gross Profit 1,385,164 Unrealized Gross Profit (1,337) Realized Gross Profit 1,383,827 Operating Expense 198,687 Operating income 1,185,140 Non-operation Income 3,087,013 Non-operation Expense 270,073 Income before tax 4,002,080 Tax 361,529 Accumulative effect of changes in accounting 53,780 principles Net income 3,694,331 Earnings per share after tax 1.57 This information is provided by RNS The company news service from the London Stock Exchange