Financial Highlights
Financial Highlights
In millions of US dollars1, except earnings (loss) per ADS
| 2019 | 2018 | % Variation | |
|---|---|---|---|
| Net Sales | 13,130 | 13,531 | (3.0) |
| Operating earnings before other expenses, net | 1,333 | 1,703 | (21.7) |
| Operating EBITDA | 2,378 | 2,685 | (11.4) |
| Controlling interest net income (loss) | 143 | 528 | (73.0) |
| Controlling interest basic earnings (loss) per ADS2 | 0.12 | 0.37 | (68.3) |
| Free cash flow after maintenance capital expenditures | 695 | 793 | (12.3) |
| Total assets | 29,363 | 29,181 | 0.6 |
| Total debt plus perpetual debentures | 11,634 | 11,584 | 0.4 |
| Total controlling stockholders' equity | 9,321 | 9,481 | (1.7) |
As of December 31, 2019
1 Under IFRS, CEMEX translates the financial statements of foreign subsidiaries using exchange rates at the reporting date for the balance sheet items and the exchange rates at the end of each month for items in the income statement.
2 Based on an average of 1,526 and 1,543 million American Depositary Shares (ADSs) for 2019 and 2018, respectively.
