Page 15 - Consolidated Financial Statements and Management Report

At year end, NH Hoteles held 9,062,741 treasury shares representing 2.94% of its share capital at a total cost of € 38.115 million. On 4 November 2013, the Spanish
Securities Market Commission was informed of the loan of 9,000,000 shares from the total number of treasury shares to three financial entities that were involved in
the placement of bonds convertible or exchangeable into the shares of NHHoteles, S.A. to the sum of €250 million; the purpose of this loan was to allow those financial
entities to offer the shares to subscribers of the bonds requesting them.
A total of 184,896,795 shares in NHHoteles, S.A. were traded on the Continuous Market over the course of 2013 (93,263,049 shares in 2012), which accounted for 1.66
times (0.38 times in 2012) the total number of shares intowhich the Company’s share capital is divided. Average daily share trading on the ContinuousMarket amounted
to 725,085 securities (364,308 securities in 2012).
CAPITALISATION 2005-2013 (€million)
2005-2013
1,584
1,858
1,914
546
917
837
538
644
1,321
0
2005 2006 2007 2008 2009 2010 2011 2012 2013
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
AVERAGE DAILY TRADING (€Million)
2005-2013
2.55
2005 2006 2007 2008 2009 2010 2011 2012 2013
10.26
12.56
14.04
3.28
3.29
2.41
3.08
0
2
4
6
8
10
12
14
16
0.9
2005 2006 2007 2008 2009 2010 2011 2012 2013
AVERAGE DAILY TRADING IN SECURITIES
2005-2013
891,818
866,608
887,595
362,591
923,344
749,090
758,097
364,308
725,085
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
EVOLUTIONNHHOTELES – IBEX
DECEMBER 2009- DECEMBER 2013
Dec-09 Mar-10 Jun-10 Sept-10 Dec-10 Mar-11
Mar-12
Mar-13
Jun-11
Jun-12
Jun-13
Sept-11
Sept-12
Sept-13
Dec-11
Dec-12
Dec-13
0
40
60
80
100
120
140
160
180
200
NHHOTELES
IBEX
CONSOLIDATEDMANAGEMENT REPORT
15