ACS Group Annual Report - Grupo ACS

Consolidated Financial StatementsTerm: perpetual. The issuer may retire the shares issued in full or partially after 30 June 2015. If the shares are retired, they willbe retired for their par valueYield: payment of dividends will be preferred and non-cumulative and is conditional on the obtainment of distributable profit byUnión Fenosa and on the payment of dividends to holders of the common shares. The issuer may opt to, but is not obliged to, makepayment in kind to the shareholders by increasing the par value of the preference shares.Guarantee: joint and several irrevocable guarantee from Unión Fenosa, S.A.Voting rights: none.At 31 December 2008, the balance amounted to EUR 750,000 thousand (EUR 697,753 thousand in 2007) and is included under“Minority Interests”.At 31 December 2008, the shareholders with an ownership interest equal to or exceeding 10% of the share capital of the Group’smain subsidiaries were as follows:Group CompanyThousands of eurosPercentage ofOwnershipShareholderIndustrial ServicesAndasol 1, S.A. 25.00% Solar Millennium Vierwaltungsgesellshaft, mbhArtemis Transmissora de Energia, Ltda. 49.00% Eletrosul Centrais Eléctricas, S.A. (44%)Beni Saf Water Company Spa. 49.00% Algerian Energy Company -SPAEmurtel, S.A. 49.90% Ginés Heredia (20%)José María Rodríguez (29,9%)Energias Ambientales, S.A. (Easa) 33.33% Enel Unión Fenosa Energías Renovables, S.A.Procme, S.A. 25.00% José Reis CostaSerpista, S.A. 49.00% Temg Mantenimiento, S.A. (10%)Iberia, S.A. (39%)Sistemas Sec, S.A. 49.00% Compañía Amerinana de Multiservicios LimitadaUirapuru Transmissora de Energia, Ltda. 49.00% Eletrosul Centrais Electricas, S.A.Environment & LogisticsA.T.M. Cartera, S.L. 22.53% Servicios Logísiticos Portuarios, S.A. (19,99%)Autoterminal, S.A. 42.29% Barcelona Car Terminal, S.A. (28,3%)Centro de Transferencias, S.A. 30.00% EmgrisaConstrurail, S.A. 49.00% Renfe OperadoraJingtang International Container Terminal Co. Ltd. 45.72% Jing Tang Port Investment Co,Ltd. (40%)Residuos Industriales de Zaragoza, S.A. 30.00% Marcor Ebro, S.A.Residuos Sólidos Urbanos de Jaén, S.A. 40.00% Diputación Provincial de JaenTerminales del Sudeste, S.A. 11.00% Docks Comerciales de Valencia, S.A.Terminales Marítimas Servicesa, S.A. 48.75% Servimad, S.L. (20,00%)Cesa Stevedoring, S.A. (28,75%)Tirmadrid, S.A. 33.64% Unión Fenosa Energías Especiales, S.A. (18,64%)Endesa Coogeneración y Renovables, S.A. (15%)Urbana de Servicios Ambientales, S.L. 30.00% Construcciones Sánchez Domínguez (20%)Unicaja (10%)Vertederos de Residuos, S.A. 16.03% Fomento de Construcciones y Contratas, S.A.ConcessionsAutovía de La Mancha S.A. Conces. JCC Cast-La Mancha 33.33% CYOP, S.A.Concesionaria Santiago Brión, S.A. 30.00% Francisco Gómez y CIA, S.L. (15%)Extraco Construcciones e Proyectos, S.A. (15%)Hospital de Majadahonda, S.A. 45.00% Bovis Lend Lease, S.A. (25%)Itínere, S.A. (20%)Intercambiador de Transportes de Príncipe Pío, S.A. 30.00% Empresa de Blas y Compañía, S.L.Annual Report 2008 ACS Group92