SOL MELIA ANNUAL REPORT 00 COMP
SOL MELIA ANNUAL REPORT 00 COMP
SOL MELIA ANNUAL REPORT 00 COMP
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21 Provisions for Liabilities and Charges<br />
The balance sheet reflects in the long-term liabilities a balance of Ptas. 9,437 million as Provisions for liabilities and charges.<br />
As indicated in Note 5 this heading includes the Group’s commitments with its personnel (movement and breakdown<br />
not specifically quantified) as well as the provisions recorded to cover the various liabilities and contingencies arising from<br />
operations, the commitments acquired and guarantees given to third parties, risks for legal claims and lawsuits and possible<br />
liabilities deriving from the different possible interpretations of prevailing legal regulations. It also includes the provisions<br />
for taxation from previous years, which are being appealed or are pending court resolution according to the following<br />
details, in thousands of pesetas:<br />
TAXES YEARS 12/31/2<strong>00</strong>0<br />
Tax on business location 1980, 1983 and 1987 6,456<br />
Turnover tax 1977, 1978 and 1977 121,<strong>00</strong>0<br />
Urban land tax 1979, 1980, 1984, and 1986 to 1988 15,096<br />
Luxury taxes 1975 a 1980, 1984 and 1985 17,209<br />
Tax on real estate 1990 5,<strong>00</strong>0<br />
Appealed additional tax assessments 157,103<br />
TOTAL 321,864<br />
S OL<br />
M ELIÁ<br />
A NNUAL R EPORT 2<strong>00</strong>0<br />
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