Financial Statements
The global oil price dramatically dropped in the second half 2014 and also had continuing loss on its
refining and marketing activities because of a shutdown of operations in Kaohsiung, which caused
CPC’s loss before income tax in 2014 was NT$33,754 million. The difference between loss before
income tax in 2014 and income before income tax in 2013 was down to 985.53%.