37
2013
CPC
Included in the factors affecting CPC’s financial performance in 2012 were: pricing adjustments of
petroleum products returned to reflecting market prices; an increase in LNG prices was authorized by
the Ministry of Economic Affairs; and recovery of previous losses on inventory, due to a resurgence
in international oil prices. Consequently, CPC was able to generate profit in the last two quarters of
2012; for the whole year, its pre-tax loss was NT$33,627 million – a variation of 13.1% year-on-year
over 2011.
Capital expenditure incurred in 2012 was NT$25,400 million, a decrease of 19.78% over 2011. A
breakdown of the expenditure in 2012 is as follows:
The exchange rate between the NT dollar and the US dollar was 29.051:1 on December 31, 2012.
CPC Corporation, Taiwan
Financial Statements 2012
Production & manufacturing 89.11%
Marketing & transportation 7.58%
Others 3.31%
