Condensed Balance Sheet & Statement of Earnings– IFRS

CONSOLIDATED FINANCIAL STATEMENTS	2009 THUS$	2010 THUS$	2011 THUS$

ASSETS
Cash and marketable securities	251,074	489,489	627,652
Accounts receivable	166,300	165,540	120,924
Inventories & Others	193,287	302,816	310,804
TOTAL CURRENT ASSETS	610,661	957,845	1,059,290
Net property plant & equipment	433,021	444,519	450,699
Other assets	24,374	155,242	99,901
TOTAL ASSETS	1,068,056	1,557,606	1,609,890

LIABILITIES & CAPITAL ACCOUNTS
Borrowed from banks	54,639	15,038	29,771
Short-term public bonds	865	57,624	108,621
Accounts payable & accrued liabilities	137,055	224,899	153,204
TOTAL CURRENT LIABILITIES	192,559	297,561	291,596
Borrowed from banks	23,611	8,637	54,813
Long-term public bonds	270,192	324,166	298,426
Long term debt	52,877	85,299	83,188
TOTAL LONG TERM LIABILITIES	346,680	418,102	436,427
CAPITAL ACCOUNTS
Capital stock & reserves	132,182	406,662	407,960
Retained earnings	326,793	341,352	368,803
Year end net income	69,842	93,929	105,104
TOTAL CAPITAL ACCOUNTS	528,817	841,943	881,867

TOTAL LIABILITIES & CAPITAL ACCOUNTS	1,068,056	1,557,606	1,609,890

STATEMENT OF EARNINGS

(Figures in Thousands US$)

STATEMENT OF EARNINGS REVENUES	2009 THUS$	2010 THUS$	2019 THUS$
Net sales and operating revenues	922,192	1,298,164	1,330,275
GROSS EARNINGS	922,192	1,298,164	1,330,275
COST & EXPENSES
Cost of sales	-776,928	-1,124,396	-1,129,093
Selling, general expenses & other deductions	-56,470	-58,219	-66,831
Net income taxes	-18,952	-21,620	-29,247
TOTAL COSTS & EXPENSES	-852,350	-1,204,235	-1,225,171
NET EARNINGS	69,842	93,929	105,104

	2009	2010	2011
Net Earnings per Share	0.59	0.79	0.81

	2009	2010	2011
Paid Dividends per Share	0.30	0.27	0.33

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