SOL MELIA ANNUAL REPORT 00 COMP

GOODWILL ON CONSOLIDATION
6.2 Companies consolidated by the equity method
The breakdown of goodwill on consolidation in companies consolidated by the equity method is as follows:
(Thousands of pesetas)
BALANCE BALANCE AMORT. ADDITIONS DISPOSALS BALANCE
31/12/1998 31/12/1999 2000 31/12/2000
Agotel Gmbh 409 409
Aparthotel Bosque, S.A. 86,483 74,690 (11,793) 62,897
Casino Tamarindos, S.A. 275,352
Hotel Campus, S.L. (1,470) 117,600 116,130
Inversiones Turísticas Casas Bellas, S.L. 216 (216)
Meliá Mérida, S.L. 14 14
Touroperador Viva Tours,S.A. 157,895 (8,315) 149,580
TOTAL 361,835 233,211 (21,578) 117,614 (216) 329,030
Additions and disposals arise mainly from the changes introduced in the Group’s consolidation scope, as explained in Note 2.
In like manner, the tacit surplus attributable to tangible fixed assets items existing on the acquisition of these participations
was included as an increase in the value of the participation with the corresponding proportion. This surplus is amortised
over the useful life and the breakdown by company is as follows:
(Thousands of pesetas)
BALANCE AMORT. ADDITIONS DISPOSALS BALANCE
31/12/99 2.000 31/12/00
Aparthotel Bosque, S.A. 2,595 (70) 649 3,174
Hotel las Américas, S.A. 301,711 (301,711)
Nexprom, S.A. 200,587 (5,497) 622 195,712
TOTAL 504,893 (5,567) 1,270 (301,711) 198,886
The effect on the balance sheet is included under “Participations in companies consolidated by the equity method” for the
corresponding participation (See Note 8).
The disposal in Hotel Las Américas, S.A. is due to the departure of this company from the consolidation scope, as indicated
in Note 2.
S OL
M ELIÁ
A NNUAL R EPORT 2000
99