104
€Thousand
31/12/14
Income and Expenses
Significant
Shareholders
Directors
and Senior
Management
Group Persons,
Companies or
Entities
Total
Expenses:
Finance costs
8,137
-
-
8,137
Management or cooperation agreements
-
-
-
-
R&D transfers and licence agreements
-
-
-
-
Lease rentals
10,143
-
-
10,143
Reception of services
-
-
-
-
Purchase of goods (finished or in-progress)
-
-
-
-
Write-downs for bad debts and doubtful accounts
-
-
-
-
Losses due to retirement or disposal of assets
-
-
-
-
Other expenses
-
-
-
-
18,280
-
-
18,280
Income:
Finance income
-
-
-
-
Management or cooperation agreements
5,869
-
-
5,869
R&D transfers and licence agreements
-
-
-
-
Dividends received
-
-
-
-
Lease rentals
-
-
-
-
Provision of services
-
-
-
-
Sale of goods (finished or in-progress)
-
-
-
-
Gains on retirement or disposal of assets
-
-
-
-
Other income
-
-
-
-
5,869
-
-
5,869
Financial expenses accrued from financing agreements with credit institutions that are major shareholders of the Parent Company amounted to
€8,137 thousand in 2014 (€13,839 thousand in 2013).
The Group maintains several operating lease agreements with Pontegadea Inversiones, S.L. totalling €10,143 thousand during all or part of 2014
(€9,366 thoushand in 2013).
The heading “Management or cooperation agreements” includes the amounts that have accrued in the form of management fees payable to the NH
Hotel Group during the period of 2014 by virtue of the hotel management agreement signed with Grupo Inversor Hesperia, S.A.
Financing agreements: loans and capital contributions
The composition of the financing agreements entered into with the Group’s significant shareholders at 31 December 2014 and 31 December 2013 is
as follows:
€Thousand
2014
2013
Movement
Banco Financiero y de Ahorros, S.A.
-
104,870
(104,870)
Intesa Sanpaolo S.p.A.
42,333
65,764
(23,431)
Banco Santander, S.A.
21,717
-
21,717
Total
64,050
170,634
(106,584)
Interest accrued but not due
145
377
(231)
At 31 December 2014, unmatured accrued financial expenses in relation to the financing agreements with credit institutions that are shareholders in
the Parent Company amounted to €145 thousand (€377 thousand as at 31 December 2013).
REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS
