Consolidated Financial Statements
Informe Anual 2001
GRUPO FERROVIAL, S.A. AND DEPENDENT
COMPANIES CONSOLIDATED
BALANCE SHEETS AS OF DECEMBER 31, 2001 AND 2000 (Thousands
of euros) ASSETS
2001 2000
DUE FROM SHAREHOLDERS FOR UNCALLED CAPITAL
12,181 5,055
FIXED AND OTHER NONCURRENT ASSETS 5,781,405
4,864,195 Start-up
expenses (Note 5) 5,547 9,369
Intangible assets (Note 6) 176,653
189,648 Intangible
assets and rights 193,469
204,281 Provisions
and accumulated amortization –16,816
–14,633 Tangible
fixed assets (Note 7) 4,907,028
3,910,256 Investments
in toll roads and airports 4,664,680
3,626,354 Land
and structures 166,816 184,673
Technical installations and machinery 238,032
233,216 Other
tangible fixed assets 81,066
98,520 Provisions
and accumulated depreciation –243,566
–232,507 Long-term
financial investments (Note 8) 624,070
690,546 Holdings
in group companies 5,618
3,371 Holdings
in companies carried by the equity method 205,507
261,086 Loans
to companies carried by the equity method 2,695
3,145 Long-term
investment securities 83,002
128,185 Other
loans 335,707 337,769
Provisions –8,459
–43,010 Shares
of the controlling company (Note 12) 68,107
64,376 GOODWILL
IN CONSOLIDATION (NOTE 8) 222,455
156,163 DEFERRED
CHARGES (NOTE 9) 752,612
795,499 CURRENT
ASSETS 4,212,629 3,000,471
Inventories (Note 10) 1,021,786
736,831 Accounts
receivable 1,878,584 1,622,215
Customer receivables for sales and services (Note 11)
1,485,878 1,366,936
Receivable from companies carried by the equity method
1,154 2,589
Other accounts receivable 444,141
299,115 Provisions
–52,589 –46,425
Short-term financial investments (Note 16)
974,537 439,536
Toll road and airport concession-holders
368,619 182,140
Short-term investment securities 587,890
250,471 Loans
to associated companies 250
7 Other loans
17,961 7,097
Provisions –183
–179 Cash
277,663 181,437
Toll road and airport concession-holders
82,582 37,293
Other 195,081
144,144 Accrual
accounts 60,059 20,452
TOTAL ASSETS 10,981,282
8,821,383 SHAREHOLDERS’
EQUITY AND LIABILITIES SHAREHOLDERS’
EQUITY (NOTE 12) 1,197,715
1,049,865 Capital
stock 140,265 140,265
Additional paid-in capital 193,192
193,192 Reserves
for own shares 68,107 65,742
Other reserves of the controlling company
226,294 242,430
Unrestricted reserves 207,583
228,446 Restricted
reserves 18,711 13,984
Reserves at companies consolidated by the global integration
method 314,833 165,096
Reserves at companies carried by the equity method
43,400 64,609
Translation differences 17,905
37,336 Interim
dividend paid during the year –24,544
–18,020 Income
attributable to the controlling company 218,263
159,215 Consolidated
income 236,676 179,579
Income attributed to minority interests
18,413 20,364
MINORITY INTERESTS (NOTE 13) 425,337
400,121 NEGATIVE
DIFFERENCE IN CONSOLIDATION 8,364
3,520 Companies
consolidated by the global integration method 8,364
3,520 DEFERRED
REVENUES 51,597 54,271
Capital subsidies (Note 14) 8,134
4,459 Exchange
gains 5,835 5,613
Other deferred revenues (Note 14) 37,628
44,199 PROVISIONS
FOR CONTINGENCIES AND EXPENSES (NOTE 15) 105,472
86,781 Reversion
reserve 29,413 19,235
Other provisions 76,059
67,546 LONG-TERM
DEBT 5,641,289 4,417,168
Debentures and other marketable debt securities (Note
16) 3,453,009 2,644,556
Toll road and airport concession-holders
3,453,009 2,644,556
Other companies –
– Payable
to credit entities (Note 16) 1,792,355
1,582,629 Toll
road and airport concession-holders 895,568
978,448 Other
companies 896,787 604,181
Other accounts payable 349,315
122,751 Financial
debt of concession-holders –
– Other
long-term payables 349,315
122,751 Uncalled
capital payments payable (Note 8) 723
17,950 Associated
companies 723 2,229
Other companies –
15,721 Notes
payable 45,887 49,282
CURRENT LIABILITIES 3,551,508
2,809,657 Debentures
and other marketable debt securities (Note 16) 90,563
15,682 Toll
road and airport concession-holders 90,563
15,682 Payable
to credit entities (Note 16) 257,757
270,001 Toll
road and airport concession-holders 66,677
55,637 Other
companies 191,080 214,364
Payable to associated companies 30,434
7,974 Trade
accounts payable 2,451,119
1,998,780 Other
nontrade payables 558,614
415,891 Operating
provisions 91,268 66,991
Accrual accounts 71,753
34,338 TOTAL
SHAREHOLDERS' EQUITY AND LIABILITIES 10,981,282
8,821,383 The
accompanying Notes 1 to 23 are an integral part of the 2001 consolidated balance
sheet.
