SOL MELIA ANNUAL REPORT 00 COMP

26 Retribution and other Benefits
to the Board of Directors
The retribution paid to the members of the Board of Directors of Sol Meliá, S.A. during 2000 was as follows, in thousands
of pesetas:
(Thousands of pesetas)
31/12/98 31/12/99 31/12/00
Allowances for meetings attendance 35,000 44,000 62,500
Civil liability insurance 2,236 1,864 6,922
Retribution 20,275 113,837 95,000
TOTAL 57,511 159,701 164,422
None of the directors has received any type of loan or advance and the Company has not assumed any obligations with
Board members.
27 Post-balance Sheet Events
On February 9, 2001, the subsidiary Sol Meliá Europe B.V. proceeded to issue the Bonds of the “Euro Medium-Term Note
Programme” for Euros 340 million. Sol Meliá, S.A. secures the fulfilment by the subsidiary of any assumed obligation in relation
to the mentioned issue (See Note 24). This amount has been handed over to Sol Meliá, S.A. by virtue of a loan contract
formalised on February 12, 2001 with a maturity date of February 12, 2006, at an annual interest rate of 6.375 per cent.
On February 5, 2001 Sol Meliá, S.A. sold 29,096 shares of Prodigios Interactivos, S.A. for a total of Euros 11.2 million
(Ptas. 1,896 million).
No other significant event that might affect the Group’s financial statements has occurred.
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A NNUAL R EPORT 2000
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