AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

This reserve will only be used under the same conditions as those for the reduction of Share Capital.
The sum involved is 16,774 thousands of Euros at 31 December 2011 and 2010.
Translation differences
The breakdown (by company) of the translation differences in the Consolidated Balance Sheet at 31
December 2011 and 31 December 2010 is as follows:
(Thousands of Euros)
2011 2010
Amper do Brasil (430) (549)
Amper Marruecos --- (34)
Hemisferio do Sul 644 (121)
Medidata Informática 16,374 18,967
eLandia (499) ----
Total 16,089 18,263
Treasury Shares
In 2011, and based on the resolutions adopted by the Board of Directors, the programme of
repurchasing treasury shares has continued. The total sum at 31 December 2011 was 4,072 thousands
of Euros. These repurchase agreements are within the limits established by the Board of Directors. At
31 December 2011 the company had a total of 811,025 treasury shares, representing 2.50% of the
share capital.
At the end of 2011 the Group possessed treasury shares as follows:
Nº of shares
Nominal
value
(Euros)
Treasury Stock
Value of the
Weighted Average
Price (Euros)
Total purchase cost
(Thousands of Euros)
Treasury shares at the end 2011 811,025 811.025 4.50 4,072
During financial year 2011, there were purchases of treasury shares (at market price) for an amount of
540 thousand euros (1,667 thousand euros in 2010) and sales (at the weighted average price of the
value of the treasury holdings) for an amount of 753 thousand euros (1,835 thousand euros in 2010).
The Reserves heading of the consolidated balance sheet recorded losses during financial year 2011 for
an amount of 246 thousand euros (203 thousand euros in 2010) from purchase and sale transactions of
treasury shares.
At the date of preparation of these Consolidated Annual Accounts, the Board of Directors has not made
a decision as to the intended final use of the above-mentioned treasury shares.
At the close of financial year 2010, the Group owned 792,525 treasury shares with a nominal value of 1
euro per share and a purchase cost of 4,285 thousand euros.
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