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11
FINANCIAL STATEMENTS AND MANAGEMENT REPORT 2015
Read with the accompanying explanatory notes.
Madrid, February 24
th
, 2016.
Thousands of euros
BALANCE SHEETS AT DECEMBER 31, 2015 AND 2014
EQUITY AND LIABILITIES
Notes
2015
2014
EQUITY
13
1,075,450
1,193,077
CAPITAL AND RESERVES
1,075,450
1,189,166
Share capital
183,088
203,431
Issued capital
183,088
203,431
Share premium
697,597
1,064,247
Reserves
242,198
241,492
Legal and statutory reserves
40,686
40,686
Other reserves
201,512
200,806
Treasury shares
(214,837)
(371,373)
Prior year losses
-
(8,594)
Profit for the year
167,404
59,963
UNREALIZED GAINS (LOSSES) RESERVE
-
3,911
Others
-
3,911
NON-CURRENT LIABILITIES
25,615
18,337
Provisions
14
10,386
9,680
Provisions for contingencies and liabilities
10,386
9,680
Borrowings
8.2
7,554
8
Other non-current financial liabilities
7,554
8
Deferred tax liabilities
15
7,675
8,649
CURRENT LIABILITIES
330,424
320,379
Provisions
14
-
6,954
Provisions for contingencies and liabilities
-
6,954
Borrowings
8.2
76,173
75,059
Bank borrowings
25
76
Liabilities arising from derivative financial instruments
-
16
Other financial liabilities
76,148
74,967
Borrowings from group companies and associates
8.2 ,19
130,058
116,100
Trade and other payables
8.2
124,027
121,909
Suppliers
92,045
80,414
Suppliers, group companies and associates
19
5,406
9,819
Employee benefits payable
6,949
4,582
Other payables to public administrations
15
19,627
27,030
Customer advances
-
64
Accruals
165
357
TOTAL EQUITY AND LIABILITIES
1,431,488
1,531,793