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ACS Main Figures Actividades de Construcción y Servicios, S.A. 06. of the ACS Group Annual Report Ordinary General Shareholders’ Meeting ACS Group Financial and operating data 2001 2002 2003 (1) 2004 (1) 2005 (1) 2006 Millions of euros The Board of Directors of this Company, in a meeting held on 15 March 2007, resolved to call an Ordinary General Shareholders’ Meeting, to be held in Madrid, at the Palacio Municipal de Congresos, Turnover 3,921.4 4,420.2 8,825.1 10,817.9 12,113.9 14,067.2 Operating profit 267.8 305.3 573.5 723.9 817.4 971.6 Avenida de la Capital de España, Madrid s/n, Campo de las Naciones, at 12:00 p.m. on 10 May 2007 Profit before tax 222.3 250.4 283.4 623.3 804.3 1,553.5 on first call, and on the following day, 11 May 2007, at the same time and in the same place, on second Attributable net profit 149.2 181.4 229.5 452.5 608.7 1,250.1 call, with the following: Cash-flow (*) 238.4 312.8 505.4 709.7 886.8 1,548.8 Dividends paid 32.0 38.4 46.1 96.8 137.6 211.7 Agenda Total investments 201.7 1,050.7 657.5 1,196.4 4,216.4 5,407.1 Total assets 3,880.6 4,914.5 11,226.3 12,399.6 17,712.5 25,182.7 1. Approval of the Company's Individual 2006 Annual Reports, Balance Sheets, Income Statements and Shareholders’ equity 910.8 980.4 1,796.4 1,905.4 2,480.9 3,115.7 Management Reports, and of the consolidated accounts of the group of companies of which ACS, Total net debt 124.7 594.5 1,230.6 1,423.9 4,264.6 8,746.3 Actividades de Construcción y Servicios, S.A. is the Parent Company. Distribution of results. Annual Order book 6.809.9 7,422.5 22,537.8 23,928.4 26,868.1 29,918.3 Number of employees 30,804 32,555 97,112 107,748 113,273 123,652 Corporate Governance Report and Corporate Social Responsibility Report. (*) Net profit + Depreciation + Change in povisions 2. Approval of the management of the Board of Directors in 2006. 3. Ratification, dismissal and appointment, if applicable, of Board Members. Data per share (2) 2001 2002 2003 (1) 2004 (1) 2005 (1) 2006 Euros 4. Modification of article 4 of the By-laws, regarding the corporate purpose. Earnings 0.78 0.94 0.76 1.30 1.74 3.58 5. Authorisation for the derivative acquisition of treasury stock. Gross dividend 0.20 0.24 0.27 0.39 0.60 1.25 Cash-flow 1.24 1.63 1.68 2.01 2.51 4.39 Shareholders’ equity 4.74 5.10 5.05 5.40 7.03 8.83 6. Appointment of Company and Group Auditors. 7. Delegation of powers for the execution and formalisation of resolutions. 8. Reading and approval, if applicable, of the Minutes of the General Meeting. Stock market data 2001 2002 2003 2004 2005 2006 Listed shares (2) (3) 192,185,448 192,185,448 355,580,493 352,873,134 352,873,134 352,873,134 Market capitalization (millions of euros) 1,755.3 1,963.5 4,587.0 5,928.3 9,601.7 15,071.2 Year-end closing price (2) 9.13 € 10.22 € 12.90 € 16.80 € 27.21 € 42.71 € Annual revaluation 9.16% 11.86% 26.26% 30.23% 61.96% 56.96% www.grupoacs.com Key ratios 2001 2002 2003 (1) 2004 (1) 2005 (1) 2006 2006 Operating margin 6.8% 6.9% 6.5% 6.7% 6.7% 6.9% Net margin 3.8% 4.1% 2.6% 4.2% 5.0% 8.9% ROE 17.3% 19.2% 16.5% 23.6% 27.5% 45.5% Gearing (4) 12.5% 54.9% 64.9% 70.5% 161.8% 268.6% Dividend yield 2.2% 2.3% 2.1% 2.3% 2.2% 2.9% ACS Group (1) Under IFRSs standards (2) Adjusted by the 3 x 1 Split of year 2004 (reduction of the nominal value of the shares from € 1.50 to € 0.50 with the consequent and simultaneous increase in the number of shares in proportion to the stock capital) (3) On June 10th, 2004, there was a reduction in the stock capital by a nominal amount of € 1,353,679.5 through the redemption of 902,453 shares of treasury stock (4) Gearing: Net Debt / (Shareholders´Equity+Minority interests) Annual Report WorldReginfo - 299e110b-fa73-443b-82ac-6f3509c363f3 Photo: Project for the building of “La Pepa” bridge in Cadiz, Spain www.grupoacs.com WorldReginfo - 299e110b-fa73-443b-82ac-6f3509c363f3 Photo: Project for the building of “La Pepa” bridge in Cadiz, Spain WorldReginfo - 299e110b-fa73-443b-82ac-6f3509c363f3 Main Figures of the ACS Group Turnover Operating profit Attributable net profit Millions of euros Millions of euros Millions of euros 14,000 14,067 1,000 972 1,400 12,114 900 1,250 12,000 1,200 817 10,818 800 10,000 700 724 1,000 8,825 8,000 600 574 800 500 6,000 600 609 400 4,420 452 4,000 3,921 300 268 305 400 200 230 2,000 200 149 181 100 0 0 0 20012002 2003 2004(*) 2005(*) 2006(*) 20012002 2003 2004(*) 2005(*) 2006(*) 20012002 2003 2004(*) 2005(*) 2006(*) 2006 Turnover 2006 Operating profit Internationalization by business by business Millions of euros 4,000 20% 16.7% 17.4% 16.2% 18.8% 47.7% 22.2% 41.8% 15.6% 3,000 15% 13.6% 11.8% 2,281 2,106 2,000 1,801 10% 1,198 1,000 5% 33.5% 36.0% 610 520 0 0% 20012002 2003 2004(*) 2005(*) 2006(*) I Construction I Construction I International Turnover I Industrial Services I Industrial Services I % International over total I Environment & Logistics I Environment & Logistics Construction 2006 Industrial Services 2006 Environment & Logistics 2006 Millions of euros Millions of euros Millions of euros Turnover 6,750 Turnover 4,748 Turnover 2,657 International 6.4% Internacional 33.2% International 10.1% Net operating profit 423 Net operating profit 365 Net operating profit 225 Margin 6.3% Margin 7.7% Margin 8.5% Net profit 282 Net profit 223 Net profit 129 Margin 4.2% Margin 4.7% Margin 4.9% Order book 10,661 Order book 5,087 Order book 14,171 Employees 19,206 Employees 35,757 Employees 68,561 (*) Under IFRSs standars WorldReginfo - 299e110b-fa73-443b-82ac-6f3509c363f3 Main Figures Directory of the ACS Group Head offices of the ACS Group’s main companies Turnover Operating profit Attributable net profit Earnings per share Dividend per share Market capitalization ACS, Actividades de Construcción y Servicios, S.A. Millions of euros Millions of euros Millions of euros Euros Euros Millions of euros Avda. Pío XII, 102 28036 Madrid 14,000 14,067 1,000 972 1,400 4.0 1.4 16,000 15,071 Phone: +34 91 343 92 00, Fax: +34 91 343 94 56 12,114 900 1,250 3.58 12,000 1,200 3.5 1.2 1.25 14,000 www.grupoacs.com 800 817 10,818 3.0 12,000 10,000 700 724 1,000 1.0 8,825 2.5 10,000 9,602 8,000 600 574 800 0.8 500 2.0 1.74 8,000 DRAGADOS ACS, Servicios, Comunicaciones y Energía ACS, Medioambiente y Logística 6,000 600 609 0.6 0.60 400 1.5 1.30 6,000 5,928 4,420 452 Avda. de Tenerife, 4 - 6 C/ Cardenal Marcelo Spínola, 10 Avda. de Tenerife, 4 - 6 4,000 3,921 300 268 305 400 (1) 0.4 0.39 4,587 1.0 0.78 0.94 1.07 4,000 San Sebastián de los Reyes, 28700 Madrid 28016 Madrid San Sebastián de los Reyes, 28700 Madrid 200 230 0.24 0.27 2,000 200 149 181 0.2 0.20 Phone: +34 91 456 95 00, Fax: +34 91 456 94 50 100 0.5 0.76 2,000 1,755 1,963 Phone: +34 91 343 93 00, Fax: +34 91 343 94 00 Phone: +34 91 514 09 00, Fax: +34 91 514 09 31 0 0 0 0 0 0 20012002 2003 2004(*) 2005(*) 2006(*) 20012002 2003 2004(*) 2005(*) 2006(*) 20012002 2003 2004(*) 2005(*) 2006(*) 20012002 2003 2004(*) 2005(*) 2006(*) 20012002 2003 2004 2005 2006 20012002 2003 2004 2005 2006 VÍAS Y CONSTRUCCIO- TECSA COBRA INSTALACIONES APLICACIÓN DE PINTURAS, MAKIBER, S.A. URBASER, S.A. PUBLIMEDIA, (1) Exclude extraordinary merger expenses NES, S.A. Avda. Madariaga, 1 - 4ª planta Y SERVICIOS, S.A. API, S.A. Paseo de la Castellana, 182 Avda. de Tenerife, 4 - 6 SISTEMAS PUBLICITARIOS C/ Orense, 11 - 2º y 4º 48014 Bilbao (GRUPO COBRA) C/ General Moscardó, 27 - 1º 28046 Madrid San Sebastián de los Reyes, Avda. de Manoteras, 46 bis; 2º 28020 Madrid Phone: +34 94 448 86 00 C/ Cardenal Marcelo Spínola, 10 28020 Madrid Phone: +34 91 484 30 00 28700 Madrid 28050 Madrid International presence Phone: +34 91 417 98 00 Fax: +34 94 476 22 84 28016 Madrid Phone: +34 91 598 90 60 Fax: +34 91 484 30 94 Phone: +34 91 121 80 00 Phone: +34 91 512 03 33 Countries in wich ACS Group is presents Fax: +34 91 417 98 30 www.tecsa-constructora.com Phone: +34 91 456 95 00 Fax: +34 91 598 90 66 www.makiber.com Fax: +34 91 304 15 22 Fax: +34 91 512 04 73 2006 Turnover 2006 Operating profit Internationalization www.vias.es Fax: +34 91 456 94 50 www.apisa.net www.urbaser.com www.publimedia-sp.com by business by business Millions of euros GEOCISA www.grupocobra.com INTECSA-UHDE Afghanistan Bolivia Croatia Ethiopia Iran Malaysia United Kingdom Switzerland DRACE M.