SOL MELIA ANNUAL REPORT 00 COMP

9 Start-up Expenses
The breakdown of this consolidated balance sheet heading is as follows:
(Thousands of pesetas)
BALANCE BALANCE AMORT. ADDITIONS DISPOSALS CONV. BALANCE
31/12/98 31/12/99 DIF. 31/12/00
Formation expenses 1,952 15,302 (5,840) 22,348 50 31,860
Initial set-up expenses 514,807 1,910,398 (394,681) 438,032 (159,301) 47,020 1,841,480
Other deferred expenses 168,548 625,633 (192,132) 365,764 7,627 806,894
Share capital increase 839,673 934,752 (482,305) 340,536 1 792,982
TOTAL 1,524,980 3,486,086 (1,074,958) 1,166,679 (159,301) 54,698 3,473,216
The additions in “Other deferred expenses” relate mainly to the acquisition of Tryp, S.A.
The additions in “Share capital increase” relate to the share capital increase resulting from the non-monetary contribution
for the acquisition of the Tryp Hotel Chain.
S OL
M ELIÁ
A NNUAL R EPORT 2000
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