ANNEX II: ASSOCIATED COMPANIES Company Registered Address Activity % Shareholding % voting right controlled by NH Hoteles Net book value Thous<strong>and</strong> euros Investee Company Details Assets Liabilities Equity Capredo Investments, GmbH (*) Switzerl<strong>and</strong> Holding 50% 50% 16,621 48,046 (248) (47,802) 4 (Profit) Loss for the Year Consorcio Grupo Hotelero T2, S.A. de C.V. Mexico D.F. Hotel Business 10% 10% 424 22,892 (18,650) (4,161) (81) Fonfir1, S.L. Madrid Real Estate 50% 50% 100 203 (3) (199) - Harrington Hall Hotel, Ltd. (*) London Hotel Business 25% 25% 1,670 44,115 (65,947) 24,095 (2,263) Inmobiliaria 3 Poniente, S.A. de C.V. Mexico Hotel Business 27% 27% 1,670 6,988 (821) (5,596) (571) Losan Investment, Ltd. London Hotel Business 30% 30% 3,248 5,546 - 7,224 (12,771) Mil Novecientos Doce, S.A. de C.V. Mexico Hotel Business 25% 25% 1,887 14,231 (6,683) (7,385) (163) Palacio de la Merced, S.A. Burgos Hotel Business 25% 25% 1,525 16,119 (10,017) (5,880) (221) Fomento Inmobiliario del Caribe, S.A. de C.V. Mexico Real Estate 50% 25% 32,884 66,065 (297) (66,664) 896 Sotocaribe, S.L. Madrid Real Estate 36% 36% 65,483 261,976 (77,515) (185,963) 1,503 (*) Companies audited by Deloitte ANEX III: JOINT VENTURES The data on the three real estate companies with registered addresses in San Roque, Cadiz which are consolidated with the Parent Company using the proportional consolidation method are presented below. At 31 December 2011, the Parent Company’s percentage interest in investee companies <strong>and</strong> the percentage of voting rights controlled by the Parent Company amounted to 50%, as shown below: Investee Company Net book value at parent company Thous<strong>and</strong> euros Assets Liabilities Equity (Profit) Loss for the Year Los Alcornoques de Sotogr<strong>and</strong>e, S.L. 934 13,573 (8,949) (4,715) 91 Resco Sotogr<strong>and</strong>e, S.L. 2.157 11,341 (8,975) (2,611) 245 Residencial Marlin, S.L. (*) 26.843 71,474 (17,946) (61,087) 7,559 Borokay Beach, S.L. 2.558 15,833 (10,718) (5,743) 628 (*) Companies audited by Deloitte 112 REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS
REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS 113
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ANNUAL REPORT 2011 CONSOLIDATED FIN
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10. INVESTMENTS VALUED USING THE EQ
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SUBSEQUENT DISCLOSURES The process
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Mr Roberto Cibeira Moreiras - Annua
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APENDIX TO THE 2011 ANNUAL CORPORAT
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