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SOL MELIA ANNUAL REPORT 00 COMP

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INVESTMENTS<br />

Sol Meliá, S.A. has subscribed and paid up the capital increase (Ptas. 518 million ) carried out in Hotel Net B2B. COM,<br />

S.A., a company engaged in marketing hotel services.<br />

Sol Meliá, S.A. has subscribed and paid up the share capital increase (Ptas. 249 million.) carried out in Lanzarote 6, S.A.,<br />

owner of land for the construction of a hotel.<br />

Sol Meliá, S.A. has subscribed and paid up the share capital increase (Ptas. 48 million ) carried out in Port Cambrils<br />

Inversions, S.A., a hotel operating company.<br />

Sol Meliá, S.A. has subscribed and paid up the share capital increase (Ptas. 3,129 million) carried out in Prodigios<br />

Interactivos, S.A., a company engaged in developing business through internet.<br />

The increment in Desarrollos Hoteleros Guanacaste is the result of its last share capital increase.<br />

No provision is booked for the participation in P.T.S.A.I., because it maintains its level of activity since most of its income<br />

is earned in dollars. The directors therefore consider that no loss will be incurred.<br />

No provision is booked either for the companies, which present underlying capital gains due to the favourable forecast of<br />

results and to the value of their buildings.<br />

S OL<br />

M ELIÁ<br />

A NNUAL R EPORT 2<strong>00</strong>0<br />

112

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