ACCIONA, S.A. AND SUBSIDIARIES (Consolidated Group ...

The detail of certain of the Group's consolidated balances based on the geographical location of
the companies that gave rise to them is as follows:
Income Total assets Non-current assets Current assets
2011 2010 2011 2010 2011 2010 2011 2010
Spain 4,307,915 4,333,621 16,254,276 16,292,432 10,048,535 10,170,858 6,205,742 6,121,574
European
Union
1,125,336 986,752 1,195,040 1,171,855 915,905 850,823 279,134 321,032
OECD
countries
902,327 760,495 2,525,581 2,391,466 2,773,219 2,396,746 (247,638) (5,280)
Other
countries
310,417 182,160 351,943 646,439 282,659 196,794 69,284 449,646
Total 6,645,995 6,263,027 20,326,840 20,502,192 14,020,318 13,615,220 6,306,522 6,886,972
29.- Finance income and costs and other income and expenses for the year
The detail of the Group's finance income and costs is as follows:
Other finance income and costs:
2011 2010
Finance income 57,206 82,650
Income from equity investments 1,759 1,608
Income from other securities 3,043 2,449
Capitalisation of borrowing costs -- 48,871
Other finance income 52,404 29,722
Finance costs (466,876) (415,766)
On payables to third parties (501,516) (422,898)
On ineffectiveness of derivatives -- 26
Capitalisation of finance costs 34,764 7,722
Other finance costs (124) (616)
The Group had capitalised borrowing costs amounting to EUR 35 million at 31 December 2011
and EUR 57 million at 31 December 2010, of which EUR 34 million and EUR 54 million,
respectively, were capitalised to property, plant and equipment (see Note 4) and EUR 1 million
and EUR 2 million, respectively, were capitalised to inventories (see Note 3.2-j).
Finance costs:
In 2011 payables to third parties subtracted from equity and included in “Finance Costs” relating
to the periodic settlements of hedging derivatives and corresponding to fully or proportionately
consolidated Group companies amounted to EUR 88,973 thousand (2010: EUR 91,463 thousand).
Also, an amount of EUR 15,004 thousand (2010: EUR 11,841 thousand) relating to these periodic
settlements was recognised as an increase in the results of companies accounted for using the
equity method, since it related to associates.
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