Capital stock |
Net stock issuance premium |
Retained earnings |
Translation effects of foreign operations |
Valuation of derivative financial instruments |
Actuarial gain (losses) |
Share of other comprehensive income of associates |
Total controlling interest |
Non-controlling interest |
Total stockholders’ equity |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated balances at beginning of 2013 | $ | 2,536,774 | $ | 879,092 | $ | 35,291,538 | $ | 238,468 | $ | (27,865) | $ | (234,213) | $ | 33,539 | $ | 38,717,333 | $ | 3,163,256 | $ | 41,880,589 |
| Cash dividends declared | – | – | (10,762,042) | – | – | – | – | (10,762,042) | – | (10,762,042) | ||||||||||
| Dividends paid to non-controlling interest | – | – | – | – | – | – | – | – | (757,796) | (757,796) | ||||||||||
| Increase in non-controlling interest due to stock issuance (Note 2j) | – | – | 6,834,440 | – | – | – | – | 6,834,440 | 4,327,430 | 11,161,870 | ||||||||||
| Decrease in non-controlling interest due to stock purchase | – | – | (28,573) | – | – | – | – | (28,573) | (32,483) | (61,056) | ||||||||||
| Balances before comprehensive income | 2,536,774 | 879,092 | 31,335,363 | 238,468 | (27,865) | (234,213) | 33,539 | 34,761,158 | 6,700,407 | 41,461,565 | ||||||||||
| Consolidated comprehensive income of the year | – | – | 13,929,481 | 172,959 | (27,467) | 71,897 | 456 | 14,147,326 | 1,032,087 | 15,179,413 | ||||||||||
| Consolidated balances as of December 31, 2013 | 2,536,774 | 879,092 | 45,264,844 | 411,427 | (55,332) | (162,316) | 33,995 | 48,908,484 | 7,732,494 | 56,640,978 | ||||||||||
| Cash dividends declared | – | – | (1,831,841) | – | – | – | – | (1,831,841) | – | (1,831,841) | ||||||||||
| Dividends paid to non-controlling interest | – | – | – | – | – | – | – | – | (419,981) | (419,981) | ||||||||||
| Decrease in non-controlling interest due to stock issuance of subsidiary | – | – | (164,573) | – | – | – | – | (164,573) | (131,976) | (296,549) | ||||||||||
| Loss on sale-purchase of shares in associated (Note 22b) | – | – | (145,046) | – | – | – | – | (145,046) | – | (145,046) | ||||||||||
| Balances before comprehensive income | 2,536,774 | 879,092 | 43,123,384 | 411,427 | (55,332) | (162,316) | 33,995 | 46,767,024 | 7,180,537 | 53,947,561 | ||||||||||
| Consolidated comprehensive income of the year | – | – | 5,684,990 | 434,592 | (22,766) | 20,714 | 70 | 6,117,600 | 1,120,200 | 7,237,800 | ||||||||||
| Consolidated balances as of December 31, 2014 | 2,536,774 | 879,092 | 48,808,374 | 846,019 | (78,098) | (141,602) | 34,065 | 52,884,624 | 8,300,737 | 61,185,361 | ||||||||||
| Repurchase of capital stock | (3,726) | – | (1,061,992) | – | – | – | – | (1,065,718) | – | (1,065,718) | ||||||||||
| Cash dividends declared | – | – | (1,915,702) | – | – | – | – | (1,915,702) | – | (1,915,702) | ||||||||||
| Dividends paid to non-controlling interest | – | – | – | – | – | – | – | – | (747,360) | (747,360) | ||||||||||
| Decrease in non-controlling interest due to stock issuance of subsidiary | – | – | (284,049) | – | – | – | – | (284,049) | (366,503) | (650,552) | ||||||||||
| Increase in non-controlling interest due to stock issuance of subsidiary | – | – | 13,449 | – | – | – | – | 13,449 | 246,318 | 259,767 | ||||||||||
| Balances before comprehensive income | 2,533,048 | 879,092 | 45,560,080 | 846,019 | (78,098) | (141,602) | 34,065 | 49,632,604 | 7,433,192 | 57,065,796 | ||||||||||
| Consolidated comprehensive income of the year | – | – | 6,196,155 | (247,316) | (1,746) | (465,068) | (2,268) | 5,479,757 | 1,248,815 | 6,728,572 | ||||||||||
| Consolidated balances as of December 31, 2015 | $ | 2,533,048 | $ | 879,092 | $ | 51,756,235 | $ | 598,703 | $ | (79,844) | $ | (606,670) | $ | 31,797 | $ | 55,112,361 | $ | 8,682,007 | $ | 63,794,368 |
See accompanying notes to consolidated financial statements.