APC 2003 Annual Report Download - page 115

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113
Liabilities and shareholders' equity
(
thousands, at December 31)
2003 2002 2001
Shareholders' equity
Capital stock (note 8)
1,854,737.4 1,926,503.2 1,922,080.2
Additional paid-in capital
(note 8)
4,290,833.0 4,895,209.6 5,475,631.7
Revaluation reserve - - 2,858.1
Reserves and retained earnings (note 8)
Legal reserve 192,650.3 - 124,630.1
Untaxed reserves - - 135,334.7
Other - - 1,355.0
Retained earnings - - 231,752.0
Net income for the year 474,732.4 221,139.4 (811,224.0)
Untaxed provisions 425.0 425.0 425.0
Total I 6,813,378.1 7,043,277.2 7,082,842.8
Reserves for contingencies and pension accruals
(note 9)
Reserves for contingencies 10,914.7 14,462.4 17,556.7
Accruals for pensions 10,986.2 10,986.2 9,910.8
Total II 21,900.9 25,448.6 27,467.5
Liabilities
Bonds
(note 10)
2,151,000.0 1,450,000.0 1,450,000.0
Other borrowings
(note 11)
95,797.0 427,179.2 689,179.2
Amounts payable to subsidiaries and affiliates 13.4 13.4 16.3
Short-term bank loans and overdrafts and other debt
(note 11)
4,372.7 6,128.5 2,541.3
Accounts payable – trade 598.5 10,607.1 586.6
Accrued taxes and payroll costs
(note 12)
309.5 786.6 9 044.8
Other liabilities
(note 13)
61,928.0 58,641.9 82,262.3
Total III 2,314,019.1 1,953,356.7 2,233,630.5
Deferred income 1,345.2 446.2 4,354.3
Conversion gains - - 184.0
Total liabilities and shareholders' equity 9,150,643.3 9,022,528.7 9,348,479.1
The notes form an integral part of these financial statements.