Annual Report of ACS Group - Grupo ACS

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Concessions Activity description Wholly owned by ACS, Iridium is and has been, as a consolidated group over the last few years, the world’s leading company in infrastructure promotion and development. It manages a diversified portfolio of more than 45 projects in the world’s main markets. Its competitive position results from the advantages provided by optimising its resources, the extensive experience of its professionals, the development and application of cutting edge technology and the use of the most sophisticated financing structures. In line with the strategy and guidelines laid down, development activity in the last financial year was focused on domestic and North American markets, followed by those of Portugal and Chile. In other markets such as Ireland, the United Kingdom and Greece activity was much lower and no business opportunities arose last year, while other specially selected countries continued to be under constant study and are being approached progressively until such a time as they are mature and for selection of projects in agreement with the security and stability criteria required within the ACS Group. As regards the types of projects, all types of concession opportunities have been studied in Spain, both for transport infrastructures and those for public facilities subject to availability risk. At an international level, however, activity has continued to be focused basically on transport infrastructures which, due to their characteristics and the great know-how Iridium has developed over decades, enable better exploitation of the competitive advantages and return on the resources employed by the company. The following table summarises the most relevant ACS’ transport infrastructure and public facilities services concessions at 31 December 2009: 38 Annual Report 2009 ACS Group
Total ACS Grupo ACS Expiry investment Investment Concession-Description stake Country Activity Phase Unit date (million of euros) (million of euros)* A8 - Bidelan Guipuzkoako Autobideak 50.00% Spain Motorways Operation 124 2013 62 3 La Mancha Highway 75.00% Spain Motorways Operation 52 2033 128 21 Alicante ringroad 50.00% Spain Motorways Operation 148 2040 438 76 Henarsa (R2 y M50) 35.00% Spain Motorways Operation 87 2024 517 56 Accesos Madrid (R3/R5 y M50) 19.70% Spain Motorways Operation 90 2049 1,073 84 Reus-Alcover 85.00% Spain Motorways Operation 10 2038 68 14 Ruta de los Pantanos 33.30% Spain Motorways Operation 22 2024 107 5 Santiago Brión 70.00% Spain Motorways Operation 16 2035 111 15 Los Pinares Highway (Valladolid Cuellar) 53.30% Spain Motorways Operation 44 2041 94 14 Medinaceli-Calatayud Highway (Aumecsa) 95.00% Spain Motorways Construction 93 2026 122 13 Camp del Turia Highway (CV 50) 65.00% Spain Motorways Construction 20 2042 121 10 A-21 Pirineo Highway 72.00% Spain Motorways Construction 46 2039 241 26 EMESA (Madrid Calle 30) 50.00% Spain Motorways Operation 33 2040 300 50 Eje Diagonal 100.00% Spain Motorways Construction 67 2041 398 50 A-30 Nouvelle Autoroute 30 50.00% Canada Motorways Construction 74 2042 1,208 75 Vespucio Norte Express 46.50% Chile Motorways Operation 29 2032 626 98 San Cristobal tunnel 50.00% Chile Motorways Operation 4 2035 83 19 Ruta 5. Tramo Puerto Montt - Pargua 100.00% Chile Motorways Construction 55 2040 113 32 Jónica Highway(NEA ODOS) 33.30% Greece Motorways Constr. / Oper. 380 2037 1,115 64 Central Greece 33.30% Greece Motorways Construction 231 2037 1,623 52 CRG Waterford - Southlink 33.33% Ireland Motorways Operation 24 2036 319 20 CRG Portlaoise - Midlink 33.33% Ireland Motorways Construction 41 2038 367 26 Sper - Planestrada (Baixo Alentejo) 49.50% Portugal Motorways Construction 347 2039 539 78 Rotas - Marestrada (Algarve Litoral) 45.00% Portugal Motorways Construction 260 2039 271 48 A-13, Thames Gateway 25.00% U.K. Motorways Operation 22 2030 276 10 Platinum (Bakwena) - PT Op. 25.00% South Africa Motorways Operation 381 2031 231 0 I595 Express 100.00% U.S.A. Motorways Construction 17 2044 1,172 145 Total Motorways (km) 2,717 11,723 1,104 Figueras Perpignan - TP Ferro 50.00% Spain - France Railways Construction (1) 45 2054 1,085 51 Subway Barcelona’s Line 9 50.00% Spain Railways Constr. / Oper. 48 2040 592 31 Sevilla Subway 34.00% Spain Railways Operation 19 2038 680 46 Arganda subway 8.10% Spain Railways Operation 18 2029 133 3 Poceirao-Caia Portuguese high-speed railway 15.20% Portugal Railways Construction 167 2050 1,651 37 Total Railway (km) 297 4,141 168 Brians Prison 100.00% Spain Jail Operation 95,182 2034 106 14 Central Police Station (Ribera Norte) 100.00% Spain Police Station Operation 60,330 2024 66 12 Vallés Central Police Station (Terrasa) 100.00% Spain Police Station Operation 8,937 2031 16 3 Vallés Central Police Station (Barberá) 100.00% Spain Police Station Operation 9,269 2031 16 4 Green Canal Golf 100.00% Spain Sport premises Operation 60,000 2012 1 2 Public Facilities (m 2 ) 233,718 204 35 Majadahonda Hospital 55.00% Spain Hospital Operation 749 2035 247 15 Son Dureta Hospital 49.50% Spain Hospital Construction 987 2038 312 17 Can Misses Hospital (Ibiza) 40.00% Spain Hospital Cosntrucción 258 2042 132 11 Mallorca Health Centers 49.50% Spain Health Center Construction - 2021 21 3 Public Facilities (number of beds) 1,994 712 46 Plaza de Castilla Transfer Station 50.00% Spain Transfer Station Operation 59,650 2041 169 41 Príncipe Pío Tranfer Station 70.00% Spain Transfer Station Operation 28,300 2040 64 11 Avda América Transfer Station 100.00% Spain Transfer Station Operation 41,000 2026 23 5 Total Transfer Stations (m 2 ) 128,950 256 57 Iridium Aparcamientos 100.00% Spain Parking Constr. / Oper. (2) 5,389 2058 63 45 Serrano Park 50.00% Spain Parking Construction 3,157 2048 120 10 Total Parkings 8,546 183 55 Total Concessions 17,220 1,465 * ACS Group financial investment in the concession project. (1) Construction completed in 2009, but partial exploitation does not begin until 2010. (2) Covers all contracts managed by Iridium Aparcamientos. 39 Activity Report Concessions
Page 1 and 2: Annual Report of ACS Group 2009
Page 3: Activity Report of ACS Group 2009
Page 6 and 7: Main figures of the ACS Group Turno
Page 8 and 9: Annual Report of ACS Group Construc
Page 10 and 11: Letter from the Chairman Dear share
Page 12 and 13: Management Bodies Board of Director
Page 14 and 15: Management Bodies Management Commit
Page 16 and 17: Management Bodies Management Team A
Page 18 and 19: Corporate Strategy Vision A worldwi
Page 20 and 21: Corporate Strategy History 1983 198
Page 22 and 23: Construction Sector environment 18
Page 24 and 25: Construction Sector environment Dom
Page 26 and 27: Construction Public tenders for civ
Page 28 and 29: Construction In addition, the Gover
Page 30 and 31: Construction Business Strategy The
Page 32 and 33: Construction The ACS Group's focus
Page 34 and 35: Construction At 31 December 2009 th
Page 36 and 37: Construction North America The cont
Page 38 and 39: Construction Main contracts awarded
Page 40 and 41: Concessions Sector environment 36 B
Page 42 and 43: Concessions Sector environment The
Page 46 and 47: Concessions Relevant events Within
Page 48 and 49: Concessions Contracts awarded In 20
Page 50 and 51: Environment Sector environment 46 B
Page 52 and 53: Environment Sector environment The
Page 54 and 55: Environment Waste management is a f
Page 56 and 57: Environment Other areas of expansio
Page 58 and 59: Environment Activity description In
Page 60 and 61: Environment Within the water cycle,
Page 62 and 63: Environment Included in the area of
Page 64 and 65: Environment Environment activities
Page 66 and 67: Environment Main contracts awarded
Page 68 and 69: Industrial Services and Energy Sect
Page 70 and 71: Industrial Services and Energy Sect
Page 72 and 73: Industrial Services and Energy Inve
Page 74 and 75: Industrial Services and Energy Stru
Page 76 and 77: Industrial Services and Energy In t
Page 78 and 79: Industrial Services and Energy Inve
Page 80 and 81: Industrial Services and Energy Acti
Page 82 and 83: Industrial Services and Energy In E
Page 84 and 85: Industrial Services and Energy Wind
Page 86 and 87: Industrial Services and Energy Ther
Page 88 and 89: Industrial Services and Energy 2009
Page 90 and 91: Industrial Services and Energy Amon
Page 92 and 93: Industrial Services and Energy Main
Page 94 and 95:
Strategic Investments Abertis 91 Ib
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Strategic Investments The ACS Group
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Strategic Investments Internacional
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Strategic Investments Hochtief The
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Main Economic-Financial figures of
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Main Economic-Financial figures of
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The ACS Group and Corporate Respons
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Corporate Governance in the ACS Gro
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Corporate Governance in the ACS Gro
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ACS, Servicios, Comunicaciones y En
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Economic and Financial Report of AC
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Profitability
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The year 2009 was very positive for
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1.02.01. Revenue Revenue amounted t
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1.02.06. Net profit attributable to
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1.03.01. Non-current assets Intangi
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The balance of Corporate Unit inves
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Net profit amounted to EUR 241.4 mi
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1.05.04. Industrial Services Main f
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2. Stock market performance 2.01. S
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2.02. Treasury shares At 31 Decembe
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In the Environment area, efforts ar
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As provided in Article 6 of its Com
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Additionally, at its meeting held o
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elating to the share capital figure
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Equity and liabilities Note 31/12/2
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Consolidated statements of comprehe
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Consolidated statements of cash flo
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8. The direction and execution of a
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28. The acquisition, holding, use,
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2.02. Basis of consolidation a) Bal
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Investments in associates are accou
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The detail of the allocation of the
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In both cases, at the end of each r
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The period property, plant and equi
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Gains or losses arising from the re
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3.08.05. Derecognition of financial
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In relation to the assets and liabi
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3.12.02. Trade and other payables T
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Provisions for completion of constr
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In an agency relationship, when the
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3.20. Earnings per share Basic earn
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Following is a brief summary thereo
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Interpretations: Mandatory Applicat
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Line of Business Thousands of euros
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5. Property, plant and equipment Th
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6. Non-current assets in projects T
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The Group's investment property rel
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The detail, by company, of the inve
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10. Financial assets The detail of
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The full transaction was financed,
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At 31 December 2009, this heading i
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Substantially all the risks and rew
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15.02. Share premium The share prem
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At 31 December 2009, the Group held
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15.07. Non-controlling interests Th
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At 31 December 2009, the shareholde
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The detail of the bank borrowings a
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18. Limited recourse financing of p
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The main characteristics of the fin
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20. Provisions The changes in non-c
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Foreign currency risk The foreign c
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The capital structure is mainly con
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The following table shows the fair
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24. Other current liabilities The d
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25.02.02. Income statement by busin
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25.02.04. Statement of financial po
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The breakdown of certain of the Gro
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26.05. Tax recognised in equity In
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In 2009 foreign currency transactio
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28.03. Share-based payments In 2009
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29. Impairment and gains on the dis
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33. Balances and transactions with
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Other Transactions Thousands of eur
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Other Transactions Thousands of eur
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34.01. Transactions with members of
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Also pursuant to the aforementioned
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In 2009 the Company performed comme
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The whole of the treatments in plan
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Company Registered Office Activity
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Company Address Activity Auditor %
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UTE/EIG Address Activity Auditor %
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Data on the investee (100%) Company
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Held for sale (SPL): A.T.M. Cartera
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159 Economic and Financial Report A
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Consolidated balance sheet as of De
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Corporate Responsibility Report of
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Industrial Services Area of Activit
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Commitment
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The ACS Group is a worldwide refere
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The following outstanding initiativ
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ACS and its Stakeholderss Stakehold
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Main Milestones in 2009 Investment
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The ACS Group’s activity, which i
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Professional Team: hiring and retai
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Creation of value for shareholders
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ACS: leading value creation between
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Creation of Value for the societies
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The transparency and rigour in the
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Information transparency, the pilla
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Each year, the investment and effor
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Construction R+D+i activity continu
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Outstanding among these activities
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4D visual For planning of linear wo
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Environment Within the Environment
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Thermal Solar Energy This is centre
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Also related with renewable energie
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Given the commitment of ACS to the
Page 329 and 330:
The results of the combined analysi
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Environmental performance Main envi
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Waste indicators Below is a table o
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Scope 3: Other indirect emissions S
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Description of the project Exploita
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Compensatory measures for La Breña
Page 341 and 342:
Botanical Garden and Interpretation
Page 343 and 344:
Monitoring of the achievement of 20
Page 345 and 346:
INITEC Energia establishes an Envir
Page 347 and 348:
Renewable energy, main figures The
Page 349 and 350:
The quality and skills of the profe
Page 351 and 352:
Hiring and Retaining policies The A
Page 353 and 354:
In short, the ACS Group always trie
Page 355 and 356:
Distribution of hours of e-learning
Page 357 and 358:
Performance evaluation In ACS, 2,96
Page 359 and 360:
However, Dragados, with its philoso
Page 361 and 362:
Initiatives for the reconciliation
Page 363 and 364:
Commitment to ACS Group suppliers a
Page 365 and 366:
Philanthropy in Dragados In Dragado
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Noteworthy in 2009 were activities
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Principle of materiality The ACS Gr
Page 371 and 372:
We would like to know your opinion
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87 Corporate Responsibility Report
Page 375 and 376:
Cross-Reference 3.8 Basis for repor
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Environmental Cross-Reference Discl
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Society Cross-Reference Disclosure
Page 385 and 386:
Corporate Governance Report of ACS
Page 387 and 388:
Trust
Page 389 and 390:
Indicate the most significant chang
Page 391 and 392:
Indicate whether the company is awa
Page 393 and 394:
Indicate whether there are statutor
Page 395 and 396:
Proprietary & External Board Member
Page 397 and 398:
B.1.5 Indicate whether any Board Me
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B.1.11 Complete the following table
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B.1.13 Indicate on an aggregate bas
Page 403 and 404:
Detail of any relevant relationship
Page 405 and 406:
The provisions set forth in these r
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B.1.23 State whether there are spec
Page 409 and 410:
Identify, if applicable, the person
Page 411 and 412:
B.1.37 Indicate if the auditing fir
Page 413 and 414:
Detail of procedure Article 15 of t
Page 415 and 416:
B.2.3 Provide a description of the
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B.2.5 Indicate, if applicable, if t
Page 419 and 420:
Likewise, on regulating the non-com
Page 421 and 422:
The Monitoring Unit, through its Ch
Page 423 and 424:
to be easily monitored and controll
Page 425 and 426:
D.2 Indicate if any of the differen
Page 427 and 428:
D.4 Identification and description
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E.5 Indicate if the position of Cha
Page 431 and 432:
(In relation to this item, it was r
Page 433 and 434:
6. Companies shall allow split vote
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12. Among external Board Members, t
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21. When Board Members or the Secre
Page 439 and 440:
It is to our understanding that hol
Page 441 and 442:
37. Board Member remuneration shall
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c) Their Chairmen shall be independ
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Complies Partially complies Explain
Page 447 and 448:
Also included were the “intermedi
Page 449 and 450:
• The financial information to be
Page 451 and 452:
h) Review and report on the estimat
Page 458:
Project Director and Editor ACS Gro
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Annual Report of ACS Group - Grupo ACS

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