SOL MELIA ANNUAL REPORT 00 COMP

EQUITY
The balances of the above table are broken down by each Group subsidiary with direct or indirect participation of the
parent company (See Note 2).
The additions and disposals mainly relate to the changes introduced in the consolidation scope as described in Note 2 and
to the adjustments for write-off of provisions and dividends made in the consolidation process.
18.5 Exchange differences of companies consolidated by full consolidation method
(Thousands of pesetas)
BALANCE BALANCE BALANCE BALANCE BALANCE BALANCE
31/12/1998 31/12/1999 31/12/2000 31/12/1998 31/12/1999 31/12/2000
Bear S.A. de C.V. 326,638 815,431 Markserv, B.V. 4,180 947 2,767
Bisol Vallarta S.A. de C.V. (85,975) (93,125) Marksol Turizm (40,452) (60,018) (48,803)
C.H.H.M. S.A. de C.V. 983,065 1,617,262 Marktur Turizm 14,002 17,725
C.T. Cozumel/Caribotels de Mésxico (1) 140,673 Meliá Brasil Administraçao (14,533) (30,120) (40,789)
C.Tunissienne de G.H. (541) (2,256) 218 Melia International Hotels, S.A 195,676 917,783 1,255,861
Cala Formentor S.A. de C.V. 3,251,821 4,873,370 Melia Inversiones Americanas NV 191,068 191,894
Casino Paradisus (26,887) (50,347) Melia Management Co. (35,625) (50,915) (87,014)
D.H. San Juan 87 90 Meliá Venezuela S.A. 15,823 13,950 13,539
D.Mk.Services/Inversiones Coro (161,676) (59,645) Melsol Management B.V. (388) (121) (122)
D,T.C./Marmer (56,201) (1,209,189) Melsol Portugal 29 (14,271) (14,270)
D.T.Caribe N.V. 525,835 995,415 Neale/Inversiones Agara 281,389 647,910
Desarrollos Sol S.A. 4,492 19,948 Operadora Costarisol (17,566) (6,765) (31,821)
Dominican Investment NV 13,276 26,926 Operadora Mesol, S.A. De C.V. (217,579) 67,061 218,267
Farandole B.V. (156) (180) O. Paseo de la Reforma S.A. de C.V. 21 170,054
Gesmesol, S.A. 8,505 401,678 603,209 Randlestop 119,060 220,353
Grupo Sol Asia Ltd. (6,476) 23,763 40,042 San Juan Investment 87 90
Grupo Sol Services (2,564) 3,484 2,015 Servicios Corp. Mesol, S.A. de C.V. (8,825) 13,334
H.Meliá Intnal de Colombia (968) (1,053) (2,296) Sol Finance (5,314) (7,863)
Hoteles Sol Internacional 1,071 1,030 Sol Group B.V. (37) (22) (22)
Ihla Bela de Gestao e Turismo 0 (742) Sol Group Co. 9,113 24,291 35,540
Impulse Development Inc. 0 397 Sol Holding Co. 899 2,200
Impulse H. Development (15) (17) Sol Hotel Management Co. 1,059 1,128
Inmotel I. Italia (0) (37.327) Sol Hotel Miami Beach (541) (1,607)
Inmotel Internacional 123 731 Sol Hotel U.K. Ltd (24,941) (53,274) (289,154)
Inversiones Inmobiliarias IAR (141,186) (223,622) Sol Maninvest, B.V. 4,966 2,999 2,998
Inversiones Jacuey 0 (6,470) Sol Meliá Croacia (826) 1,100 1,096
Inversiones Turísticas del Caribe 342 (2,249) (2,995) Sol Melia Guatemala (2,668) (1,334) 3,639
Irton Co./Inversiones Guamá (1,860) 101,799 Sol Meliá Investment NV (142,093) (182,782) (182,817)
Latin America Logistics Co. (1,138) (3,045) Sol Meliá Perú S.A. 0 (231)
Lirax 184 272 Sol Meliá Sevice 17,021 14,916 105,195
Lomondo Ltd. 96,543 161,513 Tryp Meditérranée 0 (7,394)
M.I.H. U.K. LTD (225) (830) (935)
Marina International Holding (30,954) (31,062) (21,668)
TOTAL (290,189) 6,378,310 9,865,367
S OL
M ELIÁ
A NNUAL R EPORT 2000
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