SOL MELIA ANNUAL REPORT 00 COMP
SOL MELIA ANNUAL REPORT 00 COMP SOL MELIA ANNUAL REPORT 00 COMP
CONSOLIDATED PROFIT AND LOSS ACCOUNT In thousands of Pesetas A. EXPENSES 31/12/1998 31/12/1999 31/12/2000 1. Supplies and other external expenses 29,526 14,282,829 19,299,455 2. Personnel expenses a) Salaries, wages and related expenses 2,198,493 25,844,228 34,321,572 b) Social Security 634,377 8,837,938 11,001,002 3. Fixed assets depreciation charges 804,121 10,379,850 13,984,526 4. Changes in trade provisions 284,350 239,348 614,507 5. Other operating expenses 4,341,869 27,281,303 39,782,444 I. OPERATING PROFIT 7,457,260 22,718,797 29,395,648 6. Financial expenses 90,158 4,883,404 9,415,580 7. Changes in provisions for decline in value of investments 31,512 (14,534) 8. Foreign currency losses 260,007 5,452,105 6,986,389 II. FINANCIAL PROFIT 106,916 - - 9. Amortization of consolidation goodwill 231,119 304,151 443,670 III. PROFIT FROM ORDINARY ACTIVITIES 7,912,946 18,394,943 20,601,728 10. Losses arising from sale of fixed assets 497,417 122,713 82,105 11. Changes in fixed asset provisions (47,721) 288,409 12. Extraordinary expenses and losses 349,117 1,401,461 13. Expenses and losses from prior years 851,565 1,513,441 IV. EXTRAORDINARY PROFIT --- 884,574 3,458,069 V. CONSOLIDATED PROFIT BEFORE TAXATION 7,738,464 19,279,517 24,059,797 10. Corporation tax 752,314 3,611,561 4,321,366 VI. CONSOLIDATED RESULT FOR THE YEAR (PROFIT) 6,986,150 15,667,956 19,738,432 11. Result attributed to minority shareholders 70,375 1,024,201 992,642 VII. RESULT FOR THE YEAR ATTRIBUTED TO PARENT COMPANY (PROFIT) 6,915,775 14,643,755 18,745,790 S OL M ELIÁ A NNUAL R EPORT 2000 78
CONSOLIDATED PROFIT AND LOSS ACCOUNT In thousands of Pesetas B. INCOME 31/12/1998 31/12/1999 31/12/2000 1.Turnover net 11,207,266 104,565,401 140,965,519 2. Other operating income 4,542,730 5,018,891 7,433,635 I. OPERATING LOSSES - - - 3. Income from share capital investments 62,578 572,395 180,219 4. Other financial income 156,093 418,435 758,570 5. Foreign currency gains 238,410 5,195,239 6,939,857 II. FINANCIAL LOSSES --- 4,180,951 8,508,789 6. Particip. in profits from companies consolidated by equity method 579,889 161,248 158,539 III. LOSSES FROM ORDINARY ACTIVITIES - - 7. Profit on disposal of fixed assets 7,637 251,500 3,302,602 9. Capital grants transferred to results for the year 500 22,293 24,228 10. Extraordinary income or profits 314,798 1,656,394 3,297,366 11. Income or profit from previous years 230,062 119,288 IV. EXTRAORDINARY LOSSES 174,482 - - V. CONSOLIDATED LOSSES BEFORE TAXATION - - - VI. CONSOLIDATED RESULT FOR THE YEAR (LOSSES - - - VII. RESULT FOR THE YEAR ATTRIBUTED TO PARENT COMPANY (LOSSES) - - - S OL M ELIÁ A NNUAL R EPORT 2000 79
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CON<strong>SOL</strong>IDATED PROFIT AND LOSS ACCOUNT<br />
In thousands of Pesetas<br />
B. INCOME<br />
31/12/1998 31/12/1999 31/12/2<strong>00</strong>0<br />
1.Turnover net 11,207,266 104,565,401 140,965,519<br />
2. Other operating income 4,542,730 5,018,891 7,433,635<br />
I. OPERATING LOSSES - - -<br />
3. Income from share capital investments 62,578 572,395 180,219<br />
4. Other financial income 156,093 418,435 758,570<br />
5. Foreign currency gains 238,410 5,195,239 6,939,857<br />
II. FINANCIAL LOSSES --- 4,180,951 8,508,789<br />
6. Particip. in profits from companies consolidated<br />
by equity method 579,889 161,248 158,539<br />
III. LOSSES FROM ORDINARY ACTIVITIES - -<br />
7. Profit on disposal of fixed assets 7,637 251,5<strong>00</strong> 3,302,602<br />
9. Capital grants transferred to results for the year 5<strong>00</strong> 22,293 24,228<br />
10. Extraordinary income or profits 314,798 1,656,394 3,297,366<br />
11. Income or profit from previous years 230,062 119,288<br />
IV. EXTRAORDINARY LOSSES 174,482 - -<br />
V. CON<strong>SOL</strong>IDATED LOSSES BEFORE TAXATION - - -<br />
VI. CON<strong>SOL</strong>IDATED RESULT FOR THE YEAR (LOSSES - - -<br />
VII. RESULT FOR THE YEAR ATTRIBUTED TO<br />
PARENT <strong>COMP</strong>ANY (LOSSES) - - -<br />
S OL<br />
M ELIÁ<br />
A NNUAL R EPORT 2<strong>00</strong>0<br />
79
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