Balance Sheet

As of September 30, 2007 and 2006. Figures in thousands of U.S. dollars.

See Consolidated Balance Sheet as of December 31, 2006 - 2005

 
ASSETS As of September 30, 2007 As of September 30, 2006
Current Assets
Cash 13,076 16,731
Time deposits 25,985 6,156
Marketable securities 74,733 61,904
Accounts receivable, net 266,488 228,526
Other accounts receivable, net 9,712 7,226
Accounts receivable from related companies 70,732 52,050
Inventories, net 385,930 387,466
Recoverable taxes 27,748 25,734
Prepaid expenses 7,151 5,870
Deferred income taxes 0 8,869
Other current assets 22,686 13,812
Total Current Assets 904,241 814,345
 
Property, Plant and Equipment, Net 967,705 902,198
 
Other Assets
Investments in related companies 21,866 18,230
Goodwill, net 34,733 41,044
Negative goodwill, net -1,650 0
Intangible assets, net 3,988 4,814
Long-term accounts receivable, net 139 311
Long-term accounts receivable from related companies 2,118 2,000
Other long-term assets 38,745 50,839
Total Other Assets 99,939 117,239
 
TOTAL ASSETS 1,971,885 1,833,781
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
Liabilities
Current Liabilities
Short-term bank debt 1,253 92,051
Current portion of long-term debt 2,014 384
Current portion of bonds payable 12,687 9,593
Dividends payable 432 325
Accounts payable 115,169 90,170
Other accounts payable 335 251
Notes and accounts payable to related companies 1,733 1,097
Accrued liabilities 36,923 25,000
Withholdings 7,378 7,599
Income taxes 11,802 12,187
Deferred income taxes 4,113 0
Deferred income 42,051 29,239
Other current liabilities 865 2,079
Total Current Liabilities 236,754 269,978
 
Long-Term Liabilities
Long-term bank debt 180,000 100,000
Long-term obligations with the public 304,101 300,219
Other accounts payable 753 895
Deferred income taxes 51,964 49,138
Staff severance indemnities 20,811 19,372
Total Long-Term Liabilities 557,630 469,625
 
Minority Interest 42,486 36,899
 
Shareholders' Equity 0 0
Paid-in capital 477,386 477,386
Other reserves 160,608 156,174
Retained earnings 497,021 423,719
Total Shareholders' Equity 1,135,015 1,057,279
 
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,971,885 1,833,781
 

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