DOCSLIB.ORG

Técnicas Reunidas, Saudia for Services and S.A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Técnicas Reunidas, Saudia for Services and S.A TÉCNICAS REUNIDAS, S.A. Cuentas anuales al 31 de diciembre de 2016 e Informe de Gestión del ejercicio 2016 Índice de las cuentas anuales de Técnicas Reunidas, S.A. Nota Página Balance 4 Cuentas de pérdidas y ganancias 6 Estado de ingresos y gastos reconocidos 7 Estado total de cambios en el patrimonio neto 8 Estado de flujos de efectivo 9 Memoria de las cuentas anuales 1 Información general 10 2 Bases de presentación 10 3 Criterios contables 13 3.1 Inmovilizado intangible 13 3.2 Inmovilizado material 14 3.3 Coste por intereses 15 3.4 Pérdidas por deterioro del valor de activos no financieros 15 3.5 Activos financieros 16 3.6 Activos y pasivos clasificados como mantenidos para la venta y 18 operaciones interrumpidas 3.7 Existencias 18 3.8 Efectivos y otros activos líquidos equivalentes 19 3.9 Patrimonio neto 19 3.10 Pasivos financieros 19 3.11 Subvenciones recibidas 20 3.12 Derivados financieros y coberturas contables 20 3.13 Impuestos corrientes y diferidos 21 3.14 Provisiones y pasivos contingentes 21 3.15 Reconocimiento de ingresos 22 3.16 Transacciones en moneda extranjera 23 3.17 Prestaciones a los empleados 24 3.18 Arrendamientos 25 3.19 Empresas del grupo y asociadas 25 3.20 Negocios conjuntos – Unión temporal de empresas y consorcios 26 3.21 Combinaciones de negocios 26 3.22 Transacciones con partes vinculadas 26 3.23 Estado de flujos de efectivo 26 4 Gestión del riesgo financiero 27 4.1 Factores de riesgo financiero 27 4.2 Gestión del riesgo de capital 31 4.3 Estimación del valor razonable 31 5 Inmovilizado intangible 33 6 Inmovilizado material 35 2 7 Análisis de instrumentos financieros 36 8 Participaciones en empresas del grupo, multigrupo y asociadas 37 9 Activos financieros a valor razonable con cambios en la cuenta de 42 pérdidas y ganancias 10 Préstamos y partidas a cobrar 43 11 Instrumentos financieros derivados 44 12 Activos y pasivos clasificados como mantenidos para la venta y 46 operaciones interrumpidas 13 Existencias 47 14 Anticipos a proveedores 48 15 Efectivo y otros activos líquidos equivalentes 48 16 Capital y prima de emisión 49 17 Reservas 50 18 Resultado del ejercicio 51 19 Diferencias de conversión 52 20 Subvenciones de capital recibidas 52 21 Provisiones 53 22 Obligaciones por prestaciones a largo plazo al personal 53 23 Deudas a largo plazo y a corto plazo 54 24 Deudas con empresas del grupo y asociadas 55 25 Acreedores comerciales y otras cuentas a pagar 56 26 Impuesto sobre beneficios y situación fiscal 57 27 Ingresos y gastos 62 28 Resultado financiero 64 29 Contingencias 64 30 Uniones Temporales de Empresas (UTEs) 66 31 Retribución al Consejo de Administración y alta dirección 66 32 Otras operaciones con partes vinculadas 67 33 Información sobre medio ambiente 68 34 Hechos posteriores al cierre 69 35 Honorarios de auditores de cuentas 69 Anexo I: Uniones Temporales de Empresas y consorcios en los que 70 participa la Sociedad. 3 TÉCNICAS REUNIDAS, S.A. BALANCE AL 31 DE DICIEMBRE DE 2016 (Expresado en Miles de Euros) A 31 de diciembre ACTIVO Nota 2016 2015 ACTIVO NO CORRIENTE 225.452 281.853 Inmovilizado intangible 5 4.553 63.649 Inmovilizado material 6 46.709 46.395 Inversiones en empresas del grupo y asociadas a largo plazo 8 87.909 91.622 Inversiones financieras a largo plazo 7 22.740 19.640 Instrumentos de patrimonio 890 885 Créditos a terceros 1.298 1.764 Derivados 7-11 2.780 4.112 Otros activos financieros 17.772 12.879 Activos por impuesto diferido 26 63.541 60.547 ACTIVO CORRIENTE 3.181.414 2.947.509 Activos no corrientes mantenidos para la venta 12 59.039 - Existencias 13 11.868 16.166 Anticipos a proveedores 14 272.939 289.786 Deudores comerciales y otras cuentas a cobrar 7-10 1.720.149 1.779.968 Inversiones en empresas del grupo y asociadas a corto plazo 8 592.682 488.438 Inversiones financieras a corto plazo 58.719 58.473 Activos financieros a valor razonable 7-9 41.311 40.488 Créditos a terceros 94 94 Derivados 7-11 13.749 12.905 Otros activos financieros 3.565 4.986 Efectivo y otros activos líquidos equivalentes 15 466.018 314.678 TOTAL ACTIVO 3.406.866 3.229.362 Las notas 1 a 35 de la memoria y el Anexo I son parte integrante de estas cuentas anuales. 4 TÉCNICAS REUNIDAS, S.A. BALANCE AL 31 DE DICIEMBRE DE 2016 (Expresado en Miles de Euros) A 31 de diciembre PATRIMONIO NETO Y PASIVO Nota 2016 2015 PATRIMONIO NETO 384.318 296.707 Fondos propios 408.746 337.965 Capital 16 5.590 5.590 Capital escriturado 5.590 5.590 Prima de emisión 16 8.691 8.691 Reservas 17 344.199 279.126 Legal y estatutarias 1.137 1.137 Reserva de capitalización 3.056 - Otras reservas 340.006 277.989 (Acciones y participaciones en patrimonio propias) 16 (72.623) (74.150) Resultado del ejercicio 18 158.741 154.537 (Dividendo a cuenta) 18 (35.852) (35.830) Ajustes por cambios de valor (24.428) (41.791) Operaciones de cobertura 15 (19.125) (30.330) Diferencias de conversión 19 (5.303) (11.461) Subvenciones, donaciones y legados recibidos 20 - 534 PASIVO NO CORRIENTE 259.784 244.536 Provisiones a largo plazo 93.428 86.682 Obligaciones por prestaciones a largo plazo al personal 22 - 984 Otras provisiones 21 93.428 85.698 Deudas a largo plazo 23 159.094 157.690 Deudas con entidades de crédito 151.040 155.584 Derivados 11 3.843 - Otros pasivos financieros 4.211 2.106 Pasivos por impuesto diferido 26 7.262 164 PASIVO CORRIENTE 2.762.764 2.688.118 Pasivos vinculados con activos no corrientes mantenidos para la venta 12 24.474 - Provisiones a corto plazo 21 898 267 Deudas a corto plazo 23 173.654 131.819 Deudas con entidades de crédito 64.837 15.759 Derivados 72.823 80.091 Otros pasivos financieros 35.994 35.969 Deudas con empresas del grupo y asociadas a corto plazo 24 98.143 51.217 Acreedores comerciales y otras cuentas a pagar 25 2.465.595 2.504.815 TOTAL PATRIMONIO NETO Y PASIVO 3.406.866 3.229.362 Las notas 1 a 35 de la memoria y el Anexo I son parte integrante de estas cuentas anuales. 5 TÉCNICAS REUNIDAS, S.A. CUENTA DE PÉRDIDAS Y GANANCIAS CORRESPONDIENTE AL EJERCICIO ANUAL TERMINADO EL 31 DE DICIEMBRE DE 2016 (Expresada en Miles de Euros) Ejercicio terminado a 31 de diciembre Nota 2016 2015 OPERACIONES CONTINUADAS Importe neto de la cifra de negocios 27 2.977.104 2.615.252 Ventas y prestación de servicios 2.977.104 2.615.252 Variación de existencisa de productos terminados y en (3.478) curso de fabricación (1.626) Aprovisionamientos (1.853.253) (1.382.522) Consumo de mercaderías (1.853.253) (1.382.522) Otros ingresos de explotación 1.712 5.441 Ingresos accesorios y otros de gestión corriente 233 3.543 Subvenciones de explotación incorporadas al resultado del ejercicio 1.479 1.898 Gastos de personal 27 (296.010) (278.328) Sueldos, salarios y asimilados (244.431) (232.499) Cargas sociales (52.563) (48.829) Provisiones 984 3.000 Otros gastos de explotación 27 (671.396) (774.332) Servicios exteriores (663.057) (728.762) Tributos (3.086) (1.632) Pérdidas, deterioro y variación de provisiones por (4.191) operaciones comerciales (836) Otros gastos de gestión corriente (1.062) 94 Amortización del inmovilizado 5 y 6 (13.187) (10.383) Excesos de provisiones - 8.725 Deterioro y resultado por enajenaciones del inmovilizado (327) (7) RESULTADO DE EXPLOTACIÓN 149.164 225.416 Ingresos financieros 76.376 9.543 Gastos financieros (4.841) (2.037) Variación de valor razonable en instrumentos 836 financieros 816 Diferencias de cambio 14.422 (10.158) Deterioro de instrumentos financieros (13.024) (43.198) RESULTADO FINANCIERO 28 73.769 (45.034) RESULTADO ANTES DE IMPUESTOS 214.934 180.383 Impuestos sobre beneficios 26 (45.181) (25.846) RESULTADO DEL EJERCICIO PROCEDENTE DE OPERACIONES CONTINUADAS 169.753 154.537 OPERACIONES INTERRUMPIDAS Resultado del ejercicio procedente de operaciones interrumpidas neto de impuestos 12 (11.014) - RESULTADO DEL EJERCICIO 158.741 154.537 Las notas 1 a 35 de la memoria y el Anexo I son parte integrante de estas cuentas anuales. 6 TÉCNICAS REUNIDAS, S.A. ESTADO DE CAMBIOS EN EL PATRIMONIO NETO CORRESPONDIENTE AL EJERCICIO ANUAL TERMINADO EL 31 DE DICIEMBRE DE 2016 A) ESTADO DE INGRESOS Y GASTOS RECONOCIDOS CORRESPONDIENTE AL EJERCICIO TERMINADO EL 31 DE DICIEMBRE DE 2016 (Expresado en Miles de Euros) Ejercicio terminado a 31 de diciembre Nota 2016 2015 Resultado de la cuenta de pérdidas y ganancias 158.741 154.537 Ingresos y gastos imputados directamente al patrimonio neto Por coberturas de flujos de efectivo 11 (29.676) (30.223) Por ganancias y pérdidas actuariales y otros ajustes 19 6.158 (32) 26 Efecto impositivo 6.826 6.499 Total ingresos y gastos imputados directamente al patrimonio neto (16.692) (23.724) Transferencias a la cuenta de pérdidas y ganancias Por coberturas de flujos de efectivo 11 42.562 40.720 Efecto impositivo 26 (8.507) (8.144) Total transferencias a la cuenta de pérdidas y ganancias 34.055 32.576 TOTAL DE INGRESOS Y GASTOS RECONOCIDOS 176.104 163.357 Las notas 1 a 35 de la memoria y el Anexo I son parte integrante de estas cuentas anuales. 7 TÉCNICAS REUNIDAS, S.A. ESTADO DE CAMBIOS EN EL PATRIMONIO NETO CORRESPONDIENTE AL EJERCICIO ANUAL TERMINADO EL 31 DE DICIEMBRE DE 2016 B) ESTADO TOTAL DE CAMBIOS EN EL PATRIMONIO NETO CORRESPONDIENTE AL EJERCICIO TERMINADO EL 31 DE DICIEMBRE DE 2016.
Load more

Recommended publications
  • Annual Corporate Governance Report
    REPSOL S.A. 2019 Annual Corporate Governance Report Translation of a report originally issued in Spanish. In the event of a discrepancy, the Spanish language version prevails DETAILS OF ISSUER DETAILS OF ISSUER Dated end of year 31/12/2019 TAX REGISTRATION NUMBER: A-78375725 Name: Repsol, S.A. Registered office: C/ Méndez Álvaro, 44, Madrid 2 DETAILS OF ISSUER TABLE OF CONTENTS A. Executive summary ......................................................................................................................................................................... 4 1. Presentation by the Chairman of the Board of Directors .......................................................................................................... 4 2. At a glance .................................................................................................................................................................................. 5 3. The Board of Directors ............................................................................................................................................................... 9 4. Interaction with investors ........................................................................................................................................................ 12 B. The Repsol Corporate Governance System ................................................................................................................................... 15 1. Regulatory Framework ............................................................................................................................................................
    [Show full text]
  • Management Committee
    CORPORATE GOVERNANCE A 105 MANAGEMENT COMMITTEE ÍÑIGO MEIRÁS CEO He is a Law graduate and holds an MBA from the Instituto de Empresa. He joined Ferrovial in 1992, was Mana- ging Director of Autopista del Sol and later on Toll Roads Director in Cintra until November 2000. Between 2000 and 2007 he headed the expansion of Ferrovial Services as Managing Director, later on as CEO, and in 2007 he was appointed CEO of Ferrovial Aeropuertos. He held the position of Group Managing Director of Ferrovial between April and October 2009, when he became CEO. MARÍA DIONIS JORGE GIL Managing Director of Human Resources CEO of Ferrovial Airports She holds a degree in Psychology from the Complu- He has a degree in Business and Law from ICADE tense University of Madrid and a Master’s in HR Mana- University. In 2010, he was appointed Director of gement from the University of Maryland. Before joining Finance and Capital Markets of Ferrovial. He began Ferrovial, she worked at Andersen Consulting, Watson his career at The Chase Manhattan Bank, where Wyatt, Soluziona and Getronics Iberia. She joined the he was part of the Corporate Finance and M&A company in 2006 as HR Development Director. In May divisions. In December 2012 he was named CEO of 2010, she became HR and Communications Director Ferrovial Airports. at Ferrovial Services. In June 2015 she became Group HR Director. ERNESTO LÓPEZ MOZO Finance Director ALEJANDRO DE LA JOYA He is a civil engineer (Polytechnical University of CEO of Ferrovial Agroman Madrid) and holds an MBA from The Wharton School He is a civil engineer who joined the company in 1991.
    [Show full text]
  • Hechos Relevantes
    Hechos Relevantes Palacio de la Bolsa Plaza de la Lealtad, 1 28014 Madrid Tel.: +34 91 709 58 10 Fax: +34 91 709 53 96 [email protected] HECHOS RELEVANTES Información en tiempo real a través de la BME Data Feed y en un formato estandarizado de los Hechos Relevantes y otra información financiera remitida por los emisores a la CNMV. El servicio incluye la información en castellano que se difunde a través de la CNMV así como la información en inglés de aquellas entidades emisoras que formen parte de la red de contribuidores de este servicio. DESCRIPCION DE PRODUCTO Los clientes de Hechos Relevantes recibirán en tiempo real un mensaje con el titular/resumen del Hecho Relevante y un enlace a la documentación proporcionada por la entidad emisora. El producto ofrece la siguiente información: • Nombre de la emisora • Código ISIN de la emisora • NIF de la emisora • Hecho Relevante comunicado por la emisora (PDF, XBRL…) • Tipología de Hecho Relevante (únicamente para servicio en español) El producto se ofrece en español y en inglés (en este idioma, únicamente con la cobertura que se indica en la sección “red de contribuidores”). BENEFICIOS Punto único de información VENDORS del mercado español Estandarización FONDOS DE INVERSIÓN Información completa del FEED Hecho Relevante Tiempo Real BANCOS Rapidez “Hechos Disponibilidad de la Relevantes” MEDIOS DE COMUNICACIÓN información en inglés Servicio PUSH EMISORES OTROS 2 TIPOS DE HECHOS RELEVANTES 3 RED DE CONTRIBUIDORES (a 1 de diciembre de 2015) Hechos Relevantes en inglés IBEX 35® IBEX
    [Show full text]
  • Tecnicas Reunidas
    Tecnicas Reunidas Spain/ Oil Services Post results note Investment Research 11 NOVEMBER 2016 Accumulate Resultados del 3T16, en línea con lo estimado. Recommendation unchanged La noticia: Técnicas Reunidas presentó ayer los resultados del 3T16. Share price: EUR 33.75 closing price as of 10/11/2016 Nuestro análisis: Los resultados han estado en línea con lo estimado. Target price: EUR 36.00 TECNICAS REUNIDAS : 9M16 RESULTS Target Price unchanged 9M15 %sles 9M16 %sles %y/y 2Q16 3Q15 3Q16 Sales 3,006.0 100% 3,437.9 100% 14.4% 1,252.6 1,122.4 1,134.0 Reuters/Bloomberg TRE.MC/TRE SM EBITDA 159.2 5.3% 154.1 4.5% -3.2% 55.4 56.6 51.6 Daily avg. no. trad. sh. 12 mth 480 Depreciation -11.6 -0.4% -15.2 -0.4% 31.0% -5.2 -4.0 -5.0 Daily avg. trad. vol. 12 mth (m) 20,834.07 EBIT 147.6 4.9% 138.9 4.0% -5.9% 50.3 52.6 46.5 Price high 12 mth (EUR) 38.31 Financial results 4.2 0.1% -1.1 0.0% -1.4 1.0 3.2 Price low 12 mth (EUR) 21.75 EBT 151.8 5.0% 137.8 4.0% -9.2% 48.8 51.4 48.2 Abs. perf. 1 mth -6.2% Income tax -36.6 -1.2% -36.5 -1.1% -0.3% -13.2 -11.3 -12.7 Abs. perf. 3 mth 6.2% Net profit 115.2 3.8% 101.3 2.9% -12.1% 35.7 40.1 35.4 Abs.
    [Show full text]
  • The New ACS Group Construction 1H/03 Revenues
    Global Construction Conference November,November, 20032003 Index Highlights The new ACS Group Outlook for 2003 Conclusions 2 Highlights Strategic rationale of the merger Creation of a European leader • #1 in the most profitable market: Spain • Market leader in all businesses related to the development and management of infrastructures Excellent growth opportunities • Diversified portfolio of activities • Government Investment Plans Potential synergies from the merger Financial strength Industry’s reference stock • Market Capitalization > € 4.3 bn • Liquidity > € 20 mn daily 3 Highlights Creation of a market leader … # 1 in Spanish Construction # 1 in Industrial Services in Spain, Portugal & Latam # 1 in Waste Management in Spain # 1 in Ports and Logistics Services in Spain Core shareholder in the # 1 transport infrastructure concessions company worldwide (by # of concessions) 4 Highlights … of European size … Comp. EBIT 03e* € million 650 Margin on sales 6,0% 525 425 4,3% 3,3% 285 3,0% 250 1,9% 200 1,6% Sales 03e (€ bn) ACS Vinci Bouygues Skanska Ferrovial** Hochtieff Total Sales 10.8 17.5 21.5 14.9 7.0 12.3 Comp. Sales* 10.8 15.7 14.2 12.3 5.8 12.3 * Comparable data are estimated figures in those activities carried out by all companies:Construction, Services & Industrial. It does not include data from Concessions, Real Estate and other businesses. ** Ferrovial figures include CESPA & Amey full year data Source: Analysts’ Reports and Companies data 5 Highlights … and invested in Concessions Equity Investments in Concessions* € billion 3.0 1.7 1.0 Vinci Ferrovial ACS Main Cofiroute(85%), carparks, Cintra (60%), including Abertis (12%), highways, Assets airports & ASF (17%) ETR 407, carparks & airports airports & railroads Accounting Global consolidation Global consolidation Equity accounted method (except ASF: Equity acc.) * Source: Companies’ Reports.
    [Show full text]
  • Iron, Steel & Metals
    Hidroambiente S.A.U. Calle Mayor, 23 E, 1º 48930 Getxo (SPAIN) T: +34 94 480 40 90 - F: +34 94 480 30 76 [email protected] Hidroambiente S.A.U. Rio Rhin 56 - 6ª Planta Colonia Cuauhtemoc 06500 CDMX (MEXICO) T: +52 55 6811-6556 / +52 55 6732-1809 [email protected] | water treatment plants | Everblue Private Ltd. B-402, Ganga Osian Square, Near LG Showroom, Mankar Chawk, Wakad, Pune 411057 (INDIA) T: +91 20 6473 1585 IRON, STEEL METALS [email protected] & www.hidroambiente.es Hidroambiente, within the Elecnor Group, was This commitment is possible thanks to a very founded in 1993 to deliver Water Treatment experienced innovation-committed highly- solutions to highly demanding customers skilled staff. from the industrial and public sector. Our long-standing experience, our countless We strive to meet our customers’ satisfaction references and our prestige in the market by addressing every stage in a water treatment together with the importance of our customers project, i.e. Design, Construction, Assembly, encourage us to go on with this strategy. Commissioning, Operation & Maintenance and Technical Assistance. n Services 1 n Manufacturing of “Turn Key” Water Treatment Plants n Equipment Manufacturing n Supply of Materials n “In House” Construction and Assembly n Start-up Service n Technological Adjustment and Upgrading n Transfers and Revamping Before undertaking any Investment: n Basic Engineering Solutions n Detail Engineering n Technical Assessment on the Design of New Plants n Water Networks Audits and Solutions n Water Treatment Plants 2 Technologies: n Freshwater from Rivers and Lakes. Settler Tanks, Flotation Systems and Sand Filters n Freshwater from Wells and Reservoirs.
    [Show full text]
  • Diapositiva 1
    WHY ACS? January 10th, 2017 Building the world of tomorrow 7th Spain Investors Day Why ACS is an attractive investment? 1. A global leading contractor 2. Highly diversified in terms of activities and geographies 3. Resilient operating performance 4. Sustainable growth potential 5. Successful transformation process completed 6. Trading at reasonable prices 2 1. A global leading contractor… US & Canada market share(1) US & CAN total construction output $ 891br → top contractors revenues represent 8% Others ACS 21% 18% st Obayashi 1 3% Lendlease 4% Fluor 14% Jacobs 4% Bouygues Skanska 5% 9% Balfour Beatty 6% Tutor Perini BECHTEL 7% 9% ASIA PACIFIC* market share(1) Vinci Others Chinese companies 3% 5% Shimizu excluded Bouygues 17% 3% BECHTEL 13% Taisei 16% Hyundai (1) Market share: from total revenues of top contractors in the region 13% Obayashi TOP 1 INTERNATIONAL 16% Source: ENR, bloomberg, companies’ reports, internal analysis ACS CONTRACTOR 14% 3 2. Highly diversified in terms of activities and geographies North America Europe Asia Pacific 46% 22% 25% 6% 14.6 €bn 6.8 €bn 7.9 €bn 2% 3% 1% 38% 8% R 1% 5% 13% South America Africa 6% 1% 15% 1.8 €bn 0.3 €bn 1% 1% R 4% NOTE: Sales distribution excluding recent disposals of Urbaser & Sintax LTM sales as of Sep 16 4 2. Highly diversified in terms of activities and geographies Facility management EPC 5% 9% Construction Support 75% Services 11% 32% Civil Works Contract mining 5% Industrial Services 20% 38% Environment Building 5% NOTE: Sales distribution excluding recent disposals of Urbaser & Sintax 9M16 Sales.
    [Show full text]
  • 2019 Sustainability Committee Activity Report
    Translation of the original in Spanish. In case of any discrepancy, the Spanish version prevails. SUSTAINABILITY COMMITTEE OF THE BOARD OF DIRECTORS OF REPSOL, S.A. 2019 ACTIVITIES REPORT _____________________________________ TABLE OF CONTENTS 1. BACKGROUND 2. COMPOSITION 3. REGULATION OF THE SUSTAINABILITY COMMITTEE 4. FUNCTIONING 5. COMMITTEE RESOURCES 6. MAIN ACTIVITIES DEVELOPED DURING 2019 6.1. Activities related to the environment and safety 6.2. Activities related to sustainability 6.3. Activities related to the non-financial risk management and control 6.4. Activities related to the expectations of the different stakeholders and the Company’s positioning on sustainability 6.5. Assessment of the functioning of the Sustainability Committee APPENDIX: Schedule of meetings held in 2019 1 Translation of the original in Spanish. In case of any discrepancy, the Spanish version prevails. 1. BACKGROUND In its meeting of May 27, 2015, in the framework of the assessment of its organisation and functioning conducted with external advice, the Board of Directors resolved to create the Sustainability Committee of the Board of Directors of Repsol, S.A., replacing the former Strategy, Investments and Corporate Social Responsibility Committee. The establishment of this type of specialist Committee within the Board of Directors is envisaged in Recommendation 52 of the Spanish National Securities Market Commission's Good Governance Code for Listed Companies and in article 37 of Repsol’s Articles of Association. In this regard, pursuant to article 32 of the Board Regulations, this body can create specialist committees within it, with oversight, reporting, advisory and proposal functions, as well as the others that the law, the Articles of Association or those Regulations attribute it in the scope of its competences to facilitate decision-making by means of prior studies and to strengthen the objectivity and reflection guarantees with which the Board must address certain issues.
    [Show full text]
  • Ferrovial Awarded Contract to Underground Madrid's M-30 Beltway in the Environs of the Former Calderón Stadium
    CONTRACTS, SPAIN, CONSTRUCTION Ferrovial awarded contract to underground Madrid's M-30 beltway in the environs of the former Calderón stadium • Madrid City Government has awarded the contract to a joint venture of Ferrovial and Acciona • The work consists of undergrounding a section of Madrid's Calle 30 as part of the “Nuevo Mahou- Calderón” project in order to enhance mobility and accessibility in the area • Work is scheduled to commence on September and to be completed in 20 months. Madrid, 07/07/2021.- Ferrovial, via its construction subsidiary, has been awarded the contract to Corporate underground Madrid's M-30 beltway in the vicinity of the Calderón stadium. The project is intended to Communications provide continuity to the Calle 30 tunnel, as this is the only segment of the southern arc of the road that is newsroom.ferrovial.com still overground, since it ran below the western stand of the Vicente Calderón stadium. It will be carried out @ferrovial in a joint venture with Acciona. The project will also expand the “Madrid Río” park by eliminating this section of overground highway, which is a barrier to mobility. North America Mari Pillar The work consists of building a cut-and-cover tunnel 620 meters long with a width varying from 26 meters +1 832 829 6597 at its southern end to slightly over 21 meters at its northern end. [email protected] Europe The new infrastructure will have all the facilities and services required to operate it and integrate with the Paula Lacruz adjoining sections of Calle 30; the tunnel roof is designed to accommodate bushes and trees to create a +34 91 586 25 26 new green area linked to the “Madrid Río” park.
    [Show full text]
  • Ferrovial, S.A
    Separate Directors´ Report and Financial Statements Ferrovial, S.A. 1 SEPARATE DIRECTORS' REPORT Page 1 PROFIT(LOSS) FOR 2015 4 2 NON FINANCIAL INDICATORS 4 3 OTHER RELEVANT INFORMATION 4 3.1 FINANCIAL RISKS 4 3.2 DISTRIBUTION OF DIVIDENDS AND TRANSACTIONS WITH TREASURY SHARES 4 3.3 OUTLOOK FOR THE BUSINESS ACTIVITIES 5 3.4 EVENTS AFTER THE REPORTING PERIOD 5 4 ANNUAL CORPORATE GOVERNANCE REPORT AND OTHER RELEVANT INFORMATION 5 5 AVERAGE PAYMENT TERM 5 SEPARATE FINANCIAL STATEMENTS: BALANCE SHEETS AS AT 31 DECEMBER 2015 AND 2014 7 STATEMENTS OF PROFIT OR LOSS FOR 2015 AND 2014 9 STATEMENTS OF CHANGES IN EQUITY FOR 2015 AND 2014 10 STATEMENTS OF CASH FLOWS FOR 2015 AND 2014 11 1 COMPANY ACTIVITIES 12 2 BASIS OF PRESENTATION OF THE FINANCIAL STATEMENTS 12 3 DISTRIBUTION OF PROFIT 13 4 ACCOUNTING POLICIES 13 5 PROPERTY, PLANT AND EQUIPMENT 16 6 OPERATING LEASES 16 7 INVESTMENTS IN GROUP COMPANIES 16 8 DERIVATIVES 19 9 CASH AND CASH EQUIVALENTS 21 10 BALANCES AND TRANSACTIONS WITH GROUP COMPANIES 21 11 TRADE PAYABLES 25 12 SHAREHOLDERS' EQUITY 26 13 PROVISIONS FOR CONTINGENCIES AND CHARGES 28 14 BANK BORROWINGS AND OTHER FINANCIAL LIABILITIES 28 15 TAX MATTERS 29 16 GUARANTEE COMMITMENTS TO THIRD PARTIES AND OTHER CONTINGENT LIABILITIES 31 17 INCOME AND EXPENSES 32 18 EMPLOYEES 32 19 REMUNERATION OF THE BOARD OF DIRECTORS 32 20 SHARE-BASED PAYMENT 36 21 RELATED PARTY DISCLOSURES 37 22 CONFLICTS OF INTEREST 40 23 ENVIRONMENTAL POLICY 40 24 FEES PAID TO AUDITORS 40 25 EVENTS SUBSEQUENT TO YEAR-END 40 26 COMMENTS ON APPENDICES 40 AUDITOR’S REPORT: AUDITOR'S REPORT OF FINANCIAL STATEMENTS 46 2 2015 Separate Directors' Report, Ferrovial, S.A.
    [Show full text]
  • Ferrovial Climate Strategy 2019
    Ferrovial Climate Strategy Prepared by: Ana Belén Peña Laseca Quality, Climate Change and Environment Manager Sustainability Department INTRODUCTION 03 METRICS, GOALS AND EVOLUTION 19 Alignment with the recommenda- tions of the TCFD (Task Force on Cli- mate-related Financial Disclosures) FERROVIAL AT A GLANCE 04 Greenhouse gas emissions 20 and CDSB (Climate Disclosure Stan- dards Board) Scope 1&2. Absolute terms 20 Our objectives 06 This report includes information on Scope 1&2. Intensity 25 the governance, strategy, risk mana- Main milestones 07 gement and opportunities, objectives, Scope 1&2 . Energy consumption 25 metrics and development relating to GOVERNANCE 09 Scope 3. Absolute terms 27 climate change following the recom- mendations of the Task Force on Cli- “Biogenic CO2” emissions 27 mate-related Financial Disclosures STRATEGY 10 (TCFD) and Climate Disclosure Stan- Evolution of GHG emissions 28 dards Board (CDSB). RISK AND OPPORTUNITY MANAGEMENT 12 Scope 1&2 evolution 29 The greenhouse gas (GHG) emis- sions given in this report have been Scope 3 evolution 32 Task Force on Climate-Related Financial Disclosures (TCFD) 13 verified under limited assurance by PwC, in accordance with ISAE stan- Sustainable Business Models 14 AVOIDED EMISSIONS 35 dard 3410, Assurance Engagements on Greenhouse Gas Statements. This Sustainable mobility 14 review also verified that the internal NEUTRALITY AND OFFSETTING OF EMISSIONS 40 "Calculation and Reporting of the Car- Circular economy 16 bon Footprint” procedure, approved by Energy efficiency 16 CONCLUSIONS
    [Show full text]
  • FERROVIAL, S.A. (Incorporated with Limited Liability in the Kingdom of Spain)
    INFORMATION MEMORANDUM DATED 16 MARCH 2018 FERROVIAL, S.A. (Incorporated with limited liability in the Kingdom of Spain) €1,000,000,000 EURO COMMERCIAL PAPER PROGRAMME Application has been made to the Irish Stock Exchange plc for Euro commercial paper notes (the Notes) issued during the twelve months after the date of this document under the €1,000,000,000 Euro commercial paper programme (the Programme) of Ferrovial, S.A. (the Issuer or Ferrovial), described in this document to be admitted to the Official List and trading on the Main Securities Market of the Irish Stock Exchange plc, a regulated market for the purposes of the Markets in Financial Instruments Directive 2014/65/EU. There are certain risks related to any issue of Notes under the Programme, which investors should ensure they fully understand (see "Risk Factors" on pages 2-21 of this Information Memorandum). Potential purchasers should note the statements on pages 78-83 regarding the tax treatment in Spain of income obtained in respect of the Notes and the disclosure requirements imposed by Law 10/2014, of 26 June (Law 10/2014) on the Issuer relating to the Notes. In particular, payments on the Notes may be subject to Spanish withholding tax if certain information is not received by the Issuer in a timely manner. Arranger BANCA MARCH Dealers BANCO SANTANDER BNP PARIBAS CRÉDIT AGRICOLE CORPORATE AND COMMERZBANK AKTIENGESELLSCHAFT INVESTMENT BANK ING BANK THE ROYAL BANK OF SCOTLAND PLC (trading as NATWEST MARKETS) 0096462-0000003 MD:8179116.17 IMPORTANT NOTICE This Information Memorandum (together with any documents incorporated by reference, the Information Memorandum), as may be supplemented, contains summary information provided by Ferrovial, S.A.
    [Show full text]