CPC Corporation, Taiwan
Financial Statements
Due to price adjustments of the petroleum products returned to follow market prices, increase in liquefied natural
gas prices as authorized by the Ministry of Economic Affairs. For the 2013, the Corporation was able to generate
profit, CPC’s profit before income tax in 2013 was NT$3,809 million. The difference between profit before income tax
in 2013 and loss before income tax in 2012 was grow up to 111.3%.
The capital expenditure incurred in 2013 was NT$19,020 million, a 25% decrease from 2012. The breakdown of the
expenditure was as follows:
The exchange rate between
the NT dollar and the US
dollar was 29.861:1 on
December 31, 2013.
76.43%
16.25%
7.32%
Production & manufacturing
Marketing & transportation
Others
STATEMENTS OF INCOME
FOR THE YEARS ENDED DECEMBER 31,
2013 AND 2012
(In Thousands of New Taiwan Dollars)
2013
2012
Operating Revenues
Sales
$1,173,543,933
$1,132,366,573
Other operating revenues
14,157,035
14,840,407
Total operating revenues
1,187,700,968
1,147,206,980
Operating Costs and Expenses
Cost of goods sold
1,138,774,738
1,139,630,937
Exploration expenses
5,246,458
2,890,621
Oil and gas transmission and storage expenses
12,488,499
13,174,950
Other operating costs
6,971,556
6,625,387
Total operating costs
1,163,481,251
1,162,321,895
Gross Profit(Loss)
24,219,717
(15,114,915)
Operating Expenses
17,697,859
18,247,640
Non-Operating Income and Gains
6,579,085
8,166,595
Non-Operating Expenses and Losses
9,291,529
8,532,219
INCOME (LOSS) BEFORE INCOME TAX
3,809,414
(33,728,179)
Income Tax Expense
〈
Benefit
〉
517,170
4
NET PROFIT(LOSS) FOR THE YEAR
$3,292,244
$(33,728,183)
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