Annual Report 2010 - AdP

viii) Cancellation of subscribed, unpaid capital
Capital that has been subscribed but as yet unpaid has been eliminated in preparing the financial statements pursuant to IFRS.
Most relevant reclassifications
a) Tangible fixed assets changed to intangible assets (IUR) and investment properties
AdP Group concessions under the OPA had been classified as infrastructure and operating equipment under tangible fixed assets.
Under the IFRS, infrastructure and operating equipment are stated as intangible because they correspond to the right to use them,
given that the concessionaire does not fully own all of the associated rights.
Assets rented to third parties, therefore generating income, were reclassified as tangible fixed assets (OPA) and recorded under
investment properties (IFRS).
b) Tariff deficit
The tariff deficit (assets and liabilities) was reclassified from current to non-current because it involves rights and obligations whose
fulfilment will take place 12 months from the balance sheet date.
c) Extraordinary income
Extraordinary income (OPA) of 2009 was reclassified in accordance with its nature (operating, operating income and taxes), as this
classification does not exist under the IFRS.
d) Corporate income tax (IRC)
The amount of payable IRC was removed from the State and other entities item (liabilities) and stated in a separate line of the
balance sheet, as required by the IAS 1.
e) Advances to suppliers and fixed assets
They began to be stated as a current or non-current assets instead of being included under tangible fixed assets.
f) Financial leasing debts
They began to be stated under the financing item instead of under fixed assets suppliers.
6.Information according to business area
Regulated activity Regulated Unregulated activity Unregulated Unregulated Unregulated
Production, activity Distribution and activity activity activity Total
Treat. Transp. Solid Waste collection EPAL International Corporate Adjustments Consolidation
External sales 381,342,654 158,842,153 28,221,637 139,723,222 15,626,295 723,638 - 724,479,599
Inter-segment sales 5,951,017 891,522 96,972 7,731,497 - 18,164,153 (32,835,162) -
Total yield 387,293,671 159,733,676 28,318,609 147,454,719 15,626,295 18,887,791 (32,835,162) 724,479,599
Cost of sales/change in inventory (11,203,487) (11,541,404) (3,205,714) (2,810,388) (1,520,255) - - (30,281,249)
External Supplies and Services (ESS) (121,187,627) (51,884,299) (3,580,579) (35,371,948) (6,130,994) (6,561,198) - (224,716,644)
Staff costs (48,006,818) (47,031,787) (4,487,972) (31,509,792) (4,737,661) (10,812,530) - (146,586,559)
Amort., deprec. and reversals of the year (141,589,106) (52,908,803) (5,084,710) (23,129,653) (395,638) (1,940,203) - (225,048,112)
Provisions and reversals of the year (89,998) (1,178,976) - 10,922,884 16,265,979 (748,124) - 25,171,766
Losses due to impairment and reversals (1,980,990) (163,601) (348,137) (275,789) (2,363,332) - - (5,131,849)
Fair value gains/losses - 4,116 - - - - - 4,116
Investment grants 46,733,422 18,356,466 - 2,017,134 22,247 8,617 - 67,137,886
Other operational costs and losses (6,759,983) (3,829,950) (187,940) (1,574,557) (13,389,373) (662,782) - (26,404,585)
Other operational income and gains 8,300,252 2,677,277 73,525 2,039,892 4,272,408 575,200 - 17,938,553
Inter-segment operational income (21,619,587) (2,684,998) (6,676,354) (3,642,925) (604,546) 2,129,738 33,098,671 -
Total operational income 89,889,751 9,547,716 4,820,728 64,119,577 7,045,131 876,508 263,510 176,562,921
External financial income (24,063,031) (1,612,004) (1,196,902) (2,913,861) (556,750) (20,203,523) - (50,546,071)
Inter-segment financial income (16,671,054) (425,568) (507,683) (126,888) (9,245) 18,003,948 (263,510) -
Income before taxes 49,155,666 7,510,145 3,116,144 61,078,827 6,479,136 (1,323,067) - 126,016,850
Income tax of the year (10,703,483) (3,582,773) (1,975,124) (14,642,211) 1,965,484 (344,527) - (29,282,634)
Net income of the year 38,452,183 3,927,372 1,141,020 46,436,616 8,444,620 (1,667,594) - 96,734,216
- - - - - - - -
Attributable to minority interests 14,343,165 2,356,909 560,248 - - 14,876 - 17,275,198
Attributable to AdP SGPS, S.A. shareholders: 24,109,017 1,570,463 580,772 46,436,616 8,444,620 (1,682,471) - 79,459,018
38,452,183 3,927,372 1,141,020 46,436,616 8,444,620 (1,667,594) - 96,734,216