Download - Ferrovial - Annual Report 2012

Consolidated financial statements for 2010 and 2009
Ferrovial S.A. and Subsidiaries
Segment income statement: 2011
(Millions of euros)
Construction Toll roads Airports Services Other Total
Before fair Fair value
Before fair Fair value
Before fair Fair value
Before fair Fair value
Before fair Fair value
Before fair Fair value
value adjustments Total value adjustments Total value adjustments Total value adjustments Total value adjustments Total value adjustments
adjustments (*)
adjustments (*)
adjustments (*)
adjustments (*)
adjustments (*)
adjustments (*)
Total
Revenue 4,244 0 4,244 390 0 390 10 0 10 2,821 0 2,821 -19 0 -19 7,446 0 7,446
Other operating income 4 0 4 0 0 0 0 0 0 9 0 9 1 0 1 15 0 15
Total operating revenue 4,248 0 4,248 390 0 390 10 0 10 2,830 0 2,830 -18 0 -18 7,461 0 7,461
Materials consumed 2,085 0 2,085 -2 0 -2 0 0 0 299 0 299 -16 0 -16 2,366 0 2,366
Staff costs 600 0 600 53 0 53 4 0 4 1,308 0 1,308 53 0 53 2,018 0 2,018
Other operating expenses 1,315 0 1,315 56 0 56 17 0 17 911 0 911 -41 0 -41 2,258 0 2,258
Total operating expenses 4,000 0 4,000 107 0 107 21 0 21 2,518 0 2,518 -4 0 -4 6,642 0 6,642
Gross profit or loss from operations 248 0 248 283 0 283 -11 0 -11 312 0 312 -13 0 -13 819 0 819
Depreciation and amortisation charge 32 0 32 53 0 53 1 0 1 104 0 104 2 0 2 192 0 192
Profit or loss from operations before
impairment and non-current asset disposals
215 0 215 230 0 230 -11 0 -11 207 0 207 -15 0 -15 627 0 627
Impairment and disposals of non-current assets 0 0 0 34 -87 -52 0 0 0 195 0 195 0 0 0 229 -87 142
Profit or loss from operations 215 0 215 265 -87 178 -11 0 -11 402 0 402 -15 0 -15 856 -87 769
Finance income of infrastructure projects 0 0 0 19 0 19 0 0 0 0 0 0 0 0 0 19 0 19
Finance costs of infrastructure projects -10 0 -10 -272 0 -272 0 0 0 -16 0 -16 2 0 2 -296 0 -296
Gains and losses on derivative financial
instruments and other fair value adjustments
0 0 0 0 -2 -2 0 0 0 0 -1 -1 0 0 0 0 -3 -3
Financial result of infrastructure projects -10 0 -10 -253 -2 -255 0 0 0 -16 -1 -17 2 0 2 -277 -3 -279
Finance income of other companies 92 0 92 34 0 34 3 0 3 54 0 54 -21 0 -21 162 0 162
Finance expense of other companies -52 0 -52 -15 0 -15 0 0 0 -97 0 -97 -82 0 -82 -246 0 -246
Gains and losses on derivative financial
instruments and other fair value adjustments
0 0 0 0 0 0 0 0 0 0 0 0 0 60 60 0 60 60
Financial result of other companies 41 0 41 19 0 19 3 0 3 -43 0 -43 -103 60 -43 -83 60 -24
Financial result 31 0 31 -234 -2 -236 3 0 3 -59 -1 -60 -101 60 -41 -360 57 -303
Share of results of companies accounted for
using the equity method
0 0 0 31 -4 28 -20 10 -10 7 -5 2 0 0 0 18 1 20
Consolidated profit or loss before tax 246 0 246 62 -92 -30 -29 10 -19 350 -6 344 -116 60 -56 513 -28 485
Income tax -73 0 -73 12 19 31 2 0 2 -24 0 -23 20 -18 2 -63 2 -61
Consolidated profit or loss from continuing
operations
173 0 173 73 -72 1 -27 10 -17 327 -6 321 -96 42 -54 450 -27 424
Net profit from discontinued operations
(Exclusion from consolidation of BAA)
0 0 0 0 0 0 165 679 844 0 0 0 0 0 0 165 679 844
- Profit or loss of BAA 0 0 0 0 0 0 23 -26 -3 0 0 0 0 0 0 23 -26 -3
- Disposal Gain 0 0 0 0 0 0 142 706 847 0 0 0 0 0 0 142 706 847
Consolidated profit or loss for the year 173 0 173 73 -72 1 138 689 827 327 -6 321 -96 42 -54 615 653 1,268
Profit or loss for the year attributable to noncontrolling
interest
-24 0 -24 26 2 28 0 0 0 0 0 0 -2 0 -2 -1 2 1
Profit or loss for the year attributable to the
Parent
149 0 149 99 -71 29 138 689 827 326 -6 320 -98 42 -56 615 654 1,269
(*) Relating to gains and losses arising from changes in the fair value of derivatives (see Note 12), other financial assets and liabilities and assets and liability impairment (see Note 26).
Ferrovial, S.A. Consolidated financial statements at 31 December 2011 27