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

24. Guarantees to third parties and other contingent assets and liabilities
At 31 December 2011 the guarantees made to Group companies by financial entities to ensure
compliance with their commitments to third parties account for 61,791 thousands of Euros. The Group
does not expect any significant liability to arise as a result of these guarantees.
Amper Programas, S.A. has pledged a portion of its liquid assets on 31 December 2011 amounting to
16,300,000 Euros, in order to ensure the fulfilment of certain commitments with third parties.
There are certain tax proceedings opened against one of the subsidiary companies of the Group in
Latin America for an equivalent amount of 4,185,000 Euros. The legal advisors consider that the
resolution of the appeals filed by the Company will not derive conclusions that may be considered
adverse to the Company.
25. Environmental information
Throughout 2011 the expenses incurred by the Amper Group through its subsidiaries to guarantee the
protection and improvement of the environment are not significant. These are recognised in the
consolidated income statement.
The Company has identified and described the environmental situation of its facilities and activities with
reference to:
• Applicable environmental legislation.
• Environmental aspects and their associated impacts.
• Environmental management procedures and practices.
• Incidents and cases of non-conformity.
• Current environmental management situation in the context of the requirements of
benchmark standard ISO 14001.
According to the above mentioned, the Company Administrators estimate that there are no significant
contingent liabilities related to the protection and improvement of the environment, and do not consider it
necessary to record any allocation at 31 December 2011 under provisions for contingencies and
expenses of an environmental nature.
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