Annual Report 2010 - AdP
Annual Report 2010 - AdP
Annual Report 2010 - AdP
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Águas de Santo André, S.A.<br />
Institution of injunction proceedings and ordinary administrative action against Sines and Santiago do Cacém City Councils, cases<br />
involving mud and overturning of invalid dismissal.<br />
Águas do Zêzere e Côa, S.A.<br />
Arbitration case instituted by the municipality of Fundão, whereby this entity claims payment of compensation in the amount of<br />
43,394,957.71 euros (forty-three million three hundred and ninety-four thousand nine hundred and fifty-seven euros and seventyone<br />
cents). Concurrently, Águas do Zêzere e Côa, S.A. is claiming payment of compensation in the amount of 186,149 euros (one<br />
hundred and eighty-six thousand one hundred and forty-nine euros) from the Municipality of Fundão. Under the Arbitration Court<br />
ruling of 29 October <strong>2010</strong>, the claim of the Municipality of Fundão was partially recognized with an amount to be established at the<br />
time of final ruling, with a limit value of 762,022.59 euros (seven hundred and sixty-two thousand and twenty-two euros and fiftynine<br />
cents). In turn, as regards Águas do Zêzere e Côa, S.A., the formulated request for compensation was judged partially well<br />
founded with the awarding of compensation to be defined upon final ruling and with a maximum limit of 364,615 euros (three<br />
hundred and sixty-four thousand six hundred and fifteen euros). All other claims by the Municipality of Fundão were dismissed or<br />
rejected. Both parties partially appealed the Arbitration Court Ruling and the case is now awaiting the decision of Central<br />
Administrative Court South;<br />
Joint administrative action via ordinary procedure instituted by Águas do Zêzere e Côa, S.A., asking that the court order the<br />
Municipality of Fundão to pay invoices issued between May 2001 and August 2008, along with payment of respective overdue and<br />
due interest in the total amount of 1,202,018.70 euros (one million two hundred and two thousand and eighteen euros and seventy<br />
cents) – Case no. 487/08.3BECTB, currently underway in the Castelo Branco Administrative and Tax Court. We are currently awaiting<br />
reorganization of the proceedings, which takes place prior to the judgment phase;<br />
Joint administrative action via ordinary procedure instituted by Águas do Zêzere e Côa, S.A., asking that the court order the<br />
Municipality of Fundão to pay invoices issued between September and December 2008, along with payment of respective overdue<br />
and due interest in the total amount of 591,711.19 euros (five hundred and ninety-one thousand seven hundred and eleven euros<br />
and nineteen cents) – Case no. 154/09.0BECTB, currently underway in the Castelo Branco Administrative and Tax Court. We are<br />
currently awaiting reorganization of the proceedings, which takes place prior to the judgment phase;<br />
Joint administrative action via ordinary procedure instituted by Águas do Zêzere e Côa, S.A., asking that the court order the<br />
Municipality of Fundão to pay invoices issued between January and April 2009, along with payment of respective overdue and due<br />
interest in the total amount of 550,822.46 euros (five hundred and fifty thousand eight hundred and twenty-two euros and fortysix<br />
cents) – Case no. 491/09.4BECTB, currently underway in the Castelo Branco Administrative and Tax Court. We are currently<br />
awaiting reorganization of the proceedings, which takes place prior to the judgment phase;<br />
Joint administrative action via ordinary procedure instituted by Águas do Zêzere e Côa, S.A., asking that the court order the<br />
Municipality of Fundão to pay invoices issued between January and April 2009, along with payment of respective overdue and due<br />
interest in the total amount of 550,822.46 euros (five hundred and fifty thousand eight hundred and twenty-two euros and fortysix<br />
cents) – Case no. 491/09.4BECTB, currently underway in the Castelo Branco Administrative and Tax Court. We are currently<br />
awaiting reorganization of the proceedings, which takes place prior to the judgment phase;<br />
Joint administrative action via ordinary procedure instituted by Águas do Zêzere e Côa, S.A., asking that the court order the<br />
Municipality of Fundão to pay invoices issued between January and April <strong>2010</strong>, along with payment of respective overdue and due<br />
interest in the total amount of 803,196.84 euros (eight hundred and three thousand eight hundred and ninety-six euros and eightyfour<br />
cents) – Case no. 377/10.0BECTB, currently underway in the Castelo Branco Administrative and Tax Court. We are currently<br />
awaiting reorganization of the proceedings, which takes place prior to the judgment phase;<br />
Joint administrative action via ordinary procedure instituted by Águas do Zêzere e Côa, S.A., asking that the court order the<br />
Municipality of Fundão to pay invoices issued between May and July <strong>2010</strong>, along with payment of respective overdue and due interest<br />
in the total amount of 522,366.71 euros (five hundred and twenty-two thousand three hundred and sixty-six euros and seventyone<br />
cents) – Case no. 554/10.3BECTB, currently underway in the Castelo Branco Administrative and Tax Court. We are currently<br />
awaiting reorganization of the proceedings, which takes place prior to the judgment phase.<br />
<strong>AdP</strong> Group_<strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>_234|235