Notes to the Financial Statements - Efacec

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21.4 Loans to related parties 2007 2006 Other Creditors (Note 10) Group companies 0 133.923 Shareholders 101.625 11.629 Amounts owing to related parties 101.625 145.552 2007 2006 Loans to group companies and current debt Loans Opening balance 3.085.370 1.250.000 Movements during the year 14.393.837 1.835.370 Closing balance (Note 7) Other Operations 17.479.207 3.085.370 Opening balance 4.205.618 176.433 Movements during the year -639.594 4.029.185 Closing balance (Note 7) Other Operations - Associates 3.566.024 4.205.618 Opening balance 322.450 0 Loans of the year -128.310 322.450 Closing balance (Note 7) 194.140 322.450 Provision -156.271 -156.271 Closing balance 21.083.100 7.134.717 2007 2006 Loans from group companies and other operations Loans Opening balance 24.694.311 9.641.315 Movements during the year -12.373.840 15.052.995 Closing balance (Note 10) Other Operations 12.320.471 24.694.311 Opening balance 448.898 1.191.731 Movements during the year 2.576.235 -742.833 Closing balance (Note 10) Shareholders’ Loans 3.025.133 448.898 Opening balance 0 0 Movements during the year 7.100.000 0 Closing balance (Note 10) Other operations - Associates 7.100.000 0 Opening balance 3.316 0 Movements during the year 0 3.316 Closing balance (Note 10) 3.316 3.316 Provision 0 0 Closing balance 22.448.921 25.146.525 63 2007 Consolidated and Individual Financial Statments
(a) The amounts relating to loans made and obtained, and other third party operations are as follows: Loans Granted and Other Operations 64 2007 2006 Loans Obtained and Other Operations Loans Granted and Other Operations Loans Obtained and Other Operations Efacec - Sistemas de Electrónica 13.677.051 Current 1.921.219 326.653 1.100.000 Efacec - Serviços de Manutenção e Assistências 3.408.685 0 130.089 0 Efacec - Energia, Máquinas e Equip. Eléctrico 1.753.325 621.895 3.745.889 12.061 Efacec - Angola, Lda. 450.359 0 1.199.369 0 Tech M5 Tecnologia para Operad. de Redes 0 0 416.159 0 Efacec DT - Transformadores de Distrib. de Energia 0 0 360.476 0 Efacec Engenharia 0 4.218.454 701.770 8.809.830 Efacec - Sistemas de Gestão 0 7.100.000 0 0 Efacec - Ambiente 0 5.738.947 0 12.108.481 Tech M5 Capital, SGPS 0 1.186.000 0 2.676.00 Efacec - Marketing Internacional 0 627.070 0 0 Other 1.949.951 1.035.335 254.313 440.154 21.239.371 22.448.920 7.134.718 25.146.525 Impairment Loss -156.271 0 -156.271 0 Total Loans and Other Operations 21.083.100 - 6.978.447 25.146.525 21.5 Commitments and contingencies No purchase commitments or contingent liabilities exist with related parties. 22. Subsequent events Mergers and acquisitions No acquisition was made after 31 December 2007. Share transactions No share transaction took place after 31 December 2007. Leça do Balio, 1 April 2007 The Accountant Maria Alda Cunha Baptista Rodrigues Carvalho The Board of Directors Francisco de La Fuente Sánchez - Chairman of the Board of Directors Luís Filipe da Conceição Pereira - Vice - Chairman Guilherme Ricca Gonçalves - Vice - Chairman Maria do Rosário Mayoral Robles Machado Simões Ventura - Board Director Alberto de Freitas Martins - Board Director Alberto Joaquim Milheiro Barbosa - Board Director Artur Fuchs - Board Director Daniel Bessa Fernandes Coelho - Board Director António do Prado Nogueira Leite - Board Director João Afonso Ramalho Sopas Pereira Bento - Board Director Luís Miguel Nogueira Freire Cortes Martins - Board Director
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1 2 Index Consolidated Financial St
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EFACEC Capital, SGPS, S.A. and Affi
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Attributable to shareholders Reserv
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A. General Information Notes to the
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1.3 Reporting by segments A busines
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Page 14 and 15: a) Sales The income recognised, in
Page 16 and 17: 2.3 Estimates of fair value The fai
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Page 20 and 21: 5.2 Goodwill The breakdown of goodw
Page 22 and 23: 8. Derivatives In relation to fi na
Page 24 and 25: 11. Stocks 31.12.2007 31.12.2006 Ra
Page 26 and 27: Commercial Paper On 8 July 2005, a
Page 28 and 29: Denomination of Loans The accountin
Page 30 and 31: 17. Provisions for risks and charge
Page 32 and 33: 21. Net financial charges 22. Incom
Page 34 and 35: 27.1 Transactions that took place i
Page 36 and 37: 27.4 Commitments and contingencies
Page 38 and 39: Foreign companies Company Name Head
Page 40 and 41: 41 2007 Consolidated and Individual
Page 42 and 43: EFACEC Capital, SGPS, S.A. Profit a
Page 44 and 45: Reserves Financial Instruments Merg
Page 46 and 47: A. General Information Notes to the
Page 48 and 49: 1.5 Investments Investments in grou
Page 50 and 51: 2.2 Accounting for financial instru
Page 52 and 53: 4. Investments in group and associa
Page 54 and 55: 6. Customers and Accrued Income 200
Page 56 and 57: On 30 November 2006, a second Comme
Page 58 and 59: Deferred tax booked in shareholders
Page 60 and 61: 17. Profit per share Basic The basi
Page 64 and 65: To the Shareholders, Report and Opi
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Notes to the Financial Statements - Efacec

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