Annual Report 2010 - AdP

13. Group companies
31.12.2010 31.12.2009
AdP Serviços, S.A. 4,587,464 5,000,000
Águas do Noroeste, S.A. - 800,000
Águas de Trás-os-Montes e Alto Douro, S.A. - 5,000,000
Simria, S.A. - 5,000,000
Águas do Oeste, S.A. 5,000,000 -
AgdA - Águas Públicas do Alentejo, S.A. 5,000,000 -
Águas do Algarve, S.A. - 10,000,000
AdP Energias, S.A. 1,200,000 -
AdRA - Águas da Região de Aveiro, S.A. 1,000,000 500,000
Empresa Geral do Fomento, S.A. 6,200,000 9,342,890
Valorsul, S.A. 4,500,000 1,500,000
Águas de Santo André, S.A. 2,567,532 1,103,228
EPAL, S.A. 6,139,852 -
36,194,848 38,246,118
Group companies include various treasury supports.
In 2010, AdP SGPS began applying the Special Taxation Regime. This tax consolidation perimeter included the following companies:
AdP SGPS, S.A., AdP Serviços, EPAL, EGF, AdP Internacional, Águas de Santo André, AdP Energias and AdP Imobiliária. Under this
regime, the tax is paid by the parent company and the associated companies that are part of the tax consolidation are debtors or
creditors of the amount of tax in proportion to their participation. Below, the accounts receivable of AdP SGPS at year end:
31.12.2010
AdP Serviços 587,464
Águas de Santo André 1,557,035
EPAL 6,139,852
8,284,351
14. Other accounts receivable - current
31.12.2010 31.12.2009
Interest receivable i) 1,762,421 9,027,298
Interest on term deposits ii) 537,505 246,895
Bank charges 956,680 1,072,258
Deferral of EIB financing charges 191,962 401,586
Requested reimbursement - Cohesion Fund 726,207 726,207
Participation in Management Boards iii) 506,439 351,983
Other balances from other debtors iv) 6,407,694 16,797,545
11,088,908 28,623,772
i) In 2009 this item included interest receivable from Águas de Guariroba (a company that acquired Prolagos) and interest receivable
from Agrupamento DST/Criar Vantagens/Investhome from the sale of the Aquapor Group;
ii) The increase in the deferral of interest from term deposits is due to the fact that the Company had made various deposits at end
2010, in contrast with 2009 when it made them over the course of the year;
iii) The increase in deferral of the participation in management boards is strictly due to the fact that the wage committee minutes
of the associated company Simdouro were drafted at the end of 2010, and the invoicing was not done until 2011, in the
approximate amount of 159,000 euros;