- Page 1: Annual Report2006
- Page 7 and 8: Letter from the Managing DirectorTh
- Page 9: At the close of 2006,FCC employed 9
- Page 12 and 13: Executive CommitteeAudit and Contro
- Page 14 and 15: SmVak. Water management. Czech Repu
- Page 16 and 17: Relevant eventsReported to the Nati
- Page 18 and 19: Cementos Uniland Factory. Vallarca.
- Page 20 and 21: Building on rue de Tilsitt. ParisCe
- Page 23 and 24: The FCC Groupin figures22 Consolida
- Page 25 and 26: The FCC Group in figures:Consolidat
- Page 27 and 28: ShareholdersFCC, S.A., issues share
- Page 29: Historical evolutionof the main fig
- Page 33 and 34: Services31Turnover32 City sanitatio
- Page 35 and 36: City sanitationTurnover:1,960 milli
- Page 37 and 38: Breakdown by client typeBreakdown b
- Page 39 and 40: Technological innovationHybrid coll
- Page 41 and 42: effect repairs. It is estimated tha
- Page 43 and 44: Breakdown by service typeContracts
- Page 45 and 46: Industrial wasteTurnover:163 millio
- Page 47 and 48: VersiaThe following activities ared
- Page 49 and 50: Logistics. Pharmaceuticals warehous
- Page 51 and 52: Bus stop hoardings. New YorkBillboa
- Page 53 and 54: Traffic signals in O’Donnell tunn
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In-city transport service. Jerez de
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Navia relief road. AsturiasConstruc
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Offices of the Directorate-General
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FCC’s activityAll the strings to
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Motorways, dual carriagewaysand roa
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HydraulicworksVuelta Ostrera wastew
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AirportsRegional aviation terminal
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Larger platforms at underground lin
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ResidentialbuildingHousing block in
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Torneo business park. SevilleHall o
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Montjuïc fair pavilion. Barcelonah
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ElectricitySierra del Aguilón tunn
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InfrastructureconservationThe FCC G
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EngineeringSan Pedro tunnels. Madri
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Corporate imageThis effort was repa
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Precast componentsPrefabricados Del
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Repairs and reformsIn 2006 Reparali
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Parla tram. MadridCompañía Conces
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AP7 motorway. Cartagena-Vera sectio
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Technological innovationFCC Constru
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Hotel Balneario Las Arenas. Valenci
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Cement95Analysis of the sector96 Ce
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CementosPortland Valderrivas, S.A.9
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Breakdown of turnover by business a
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Factory in Alcalá de Guadaira. Sev
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During 2006 the Group supplied inje
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Factory in Thomaston. Maine. USAInv
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Control room of the factory at El A
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Real estate109Analysis of the secto
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In May 2007 Realia set off on the p
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Property. Building at rue Pyramides
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Housing development. Guillena. Sevi
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Other sectors117Internet activities
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Report approved by the Board of Dir
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IntroductionCorporate responsibilit
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Corporate stakeholdersShareholders
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Velodrome. Palma de Mallorca.FCC’
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7. Support a precautionaryapproach
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Corporate responsibility challenges
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Proposes strategic planReports repu
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The approach to corporate socialres
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Centre for the mentally handicapped
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Principles for defining the content
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Ciudad Politécnica de la Innovaci
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decontamination and two bases for i
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FCC Construcción,helping to develo
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Corporate governanceand value creat
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Business ethics, a determiningvalue
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Reputational risks are included amo
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Typology ofBoard membersNumber of b
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Principal investments made by FCC i
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Economic value generated and distri
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Dividend of Euros210 milliongenerat
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FCC invested Euros 387 millionin co
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Combatingclimate change161 Evidence
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FCC makes progress in reducing its
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Recognition of our commitment to re
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Biomethanisation PlantHybrid-electr
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Use of biomass as a fuel in leachat
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Thermal waste treatment plant. Alin
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Anaerobic reactors in AqualiaAnaero
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Waste Recycling Group. Waste Manage
- Page 186 and 187:
Construction and CO2The emissions o
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Healthand safety179 Managing health
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OHSAS 18001 Certification Joint Saf
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Street cleaning. Buenos Aires, Arge
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Number of incidents which occurred
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Cleaning in Bilbao City HallHandlin
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At FCC, health and safety in thewor
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Street cleaning. Mechanical pavemen
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FCC’s Medical Service has impleme
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Public commitment to the promotiono
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Hotel Balneario Las Arenas. Valenci
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Corporate Social ResponsibilityFCC
- Page 212 and 213:
2006 Workforce by sectorNorth Ameri
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Corporate Social Responsibility>25%
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FCC Group ispresent in over 40 coun
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Corporate Social ResponsibilityOf t
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For FCC, maintaining andimproving i
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Training expenses FCC Group (Euros)
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FCC promotes corporateresponsibilit
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Respect, dialogue and dignity areth
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Corporate Social ResponsibilityComm
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Corporate Social ResponsibilityNavi
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Corporate Social ResponsibilityAppr
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The FCC Group joins the Spanish Glo
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Aqualia and Proactiva Medio Ambient
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Corporate Social ResponsibilityColl
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FCC Medio Ambiente, backing educati
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Thematic profile of corporate respo
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Credits for local development. WRG,
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Corporate Social ResponsibilityPatr
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Corporate Social ResponsibilityInst
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Proactiva and environmental educati
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Corporate Social ResponsibilityTeat
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Corporate Social ResponsibilityEl A
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Corporate Social ResponsibilityCons
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Corporate Social ResponsibilityDraw
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Emissions of NOX, USKg/Tm cement. W
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At the date of this report, Aqualia
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Corporate Social Responsibilitywher
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Corporate Social ResponsibilityDraw
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1,300,000 tons of waste treatedby
- Page 272 and 273:
Corporate Social ResponsibilityThe
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Corporate Social ResponsibilityCeme
- Page 276:
Corporate Social ResponsibilityComp
- Page 280 and 281:
264 2006 Annual ReportAccuracy of i
- Page 282 and 283:
More information on Corporate socia
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G3GlobalCompactOmissionsPageREPORT
- Page 286 and 287:
G3GlobalCompactOmissionsPageECONOMI
- Page 288 and 289:
G3GlobalCompactOmissionsPageFCC Gro
- Page 290 and 291:
GRI CertificationOn 24 May 2007 thi
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Corporategovernance279 A. Ownership
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A. OwnershipstructureCorporate gove
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A.4.A.5.Indicate, where applicable,
- Page 300 and 301:
- the granting of powers which perm
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B. Structureof the companyCorporate
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Other external directorsName or com
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B.1.7.Please provide the details of
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B.1.10. Please indicate whether the
- Page 310 and 311:
B.1.14. State the procedures for ap
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B.1.21. Indicate whether the Articl
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B.1.27. Is the Secretary of the Boa
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2. Requests for external advisers o
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Appointments and Retributions Commi
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Strategy CommitteeSaid committee is
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"5. To perform its functions to the
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C. Linked transactionsCorporate gov
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C.5.Describe the mechanisms in plac
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Strategic planning within the FCC G
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As a result of the above, FCC has p
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E.3.E.4.List the shareholders’ ri
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E.6.Indicate any changes made to th
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6.B.To re-elect Dominum Desga, S.A.
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F. Level of compliancewith corporat
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5. Chairman of the Board of Directo
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"1. The Directors will step down fr
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This report provides detailed infor
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G. Other informationof interestCorp
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ContentsFinancial statements, Manag
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Financial statements. Consolidated
- Page 357 and 358:
At 31 december 2006Thousands of eur
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At 31 december 2006Thousands of eur
- Page 361 and 362:
Notes to the consolidated financial
- Page 363 and 364:
The 2006 IFRS consolidated financia
- Page 365 and 366:
Exchange differencesBalances receiv
- Page 367 and 368:
2005 Logístico SantosGroupASSETSEn
- Page 369 and 370:
4. Distribution of profitIn 2006 th
- Page 371 and 372:
The changes in 2006 and 2005 in pro
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Non-current asset purchase commitme
- Page 375 and 376:
“Concessions” includes most not
- Page 377 and 378:
The concession right generally mean
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esIn the years ended 31 December 20
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The Realia Business group, in which
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a.1)Available-for-sale financial as
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a.2)Non-current loansThe non-curren
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The foregoing total is the net bala
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Legal reserveUnder the Consolidated
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.6)Translation differencesThe detai
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a) Non-current and current bank bor
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) Non-current and current debt inst
- Page 397 and 398:
Following is a detail of the long-t
- Page 399 and 400:
The balancing items for the changes
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(“Employee Benefits”), this Gro
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The detail of “Finance Costs” i
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ServicesTotal Group Environment Ver
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Cash flows by segment2006ServiciesT
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2005Total Group Spain OtherEuropean
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The Construction division adopts en
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Fair value2006Notional amount2006Fa
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It should also be noted that a 100-
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d) Mechanisms established to detect
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CompanyRegistered officeEffectivePe
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CompanyRegistered officeEffectivePe
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CompanyRegistered officeEffectivePe
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CompanyRegistered officeEffectivePe
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CompanyRegistered officeEffectivePe
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CompanyEntities jointly controlled
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Associates (accounted for using the
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Appendix IV Changes in the scope of
- Page 435 and 436:
Changes in the scope of consolidati
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Appendix V Unincorporated joint ven
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Percentageof ownership at31 decembe
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Percentageof ownership at31 decembe
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Management report. Consolidated gro
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Severomoravské Vodovody a Kanaliza
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1.1 RevenueIn 2006 revenue increase
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The net cash flow from investments
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Civil engineering work accounts for
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2.2.2 ProfitabilityEBITDA growth fa
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2.4 Cementos Portland ValderrivasTh
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Treasury share transactionsAt year-
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Outlook for 2007Set forth below are
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Auditor’s reportConsolidated grou
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Management report. Consolidated Gro
- Page 468 and 469:
Financial statementsFomento de Cons
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At 31 December 2006In thousands of
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for the year ended 31 December 2006
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1. Company’s business activitiesT
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c) Deferred finance costs relating
- Page 479 and 480:
The difference between the amount o
- Page 481 and 482:
The changes in property, plant and
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8. Deferred chargesThe changes in 2
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In compliance with the obligation p
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Also included, mainly under “Othe
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At year-end, the Company had no tax
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transactions (if any) conducted by
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21. Cost accounting statements of i
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Appendix IGroup companiesCompanyCar
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Appendix IIJoint ventures% ofOwners
- Page 499 and 500:
Appendix IV "Report of the Board of
- Page 501 and 502:
IntroductionThe Company’s core bu
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use; the Hatcons project, which stu
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As regards the Parking business, th
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Auditor’s report. Fomento de Cons
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Water ManagementCorporate ManagerDe
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Domestic Construction (continued)Zo
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Published by: Fomento de Construcci