Ferrovial: Annual report 2006

Page 159

Defined contribution plans Set out below are details of the Ferrovial Group’s main defined contribution pension plans: 31/12/2006 Swissport Group Number of plans

407.ETR

BAA Group

7

1

3

Number of employees covered

768

499

779

Impact on the income statement

355

343

1.484

19.2. Other provisions Movements during 2006 in Other provisions are as follows: Thousand euro

ITEMS Provisions for taxes Provisions for liabilities Total

Balance 01/01/06

Changes in consolidation scope

Additions

Disposals

Transfers

Effect of exchange rate

Balance 31/12/06

3,936

0

582

-1,504

6,751

0

9,765

193,250

142,045

50,098

-35,037

-7,189

-904

342,263

197,186

142,045

50,680

-36,541

-438

-904

352,028

The main increases in Other provisions for liabilities and charges were caused by the changes in the Ferrovial Group’s scope of consolidation (see Note 1.2 on Scope of consolidation). The impact is described below: In the item “Provisions for liabilities”, due to the inclusion of the BAA Group (140,970 thousand euro) and of Gesmat (Empresa Mixta de Gestión Medioambiental de Toledo), acquired by the Cespa Group (1,075 thousand euro). In the Services Division, the Swissport Group’s provision for liabilities also increased (25,026 thousand euro) due to the review of the price allocation process in accordance with IFRS 3, during the year following the acquisition of this shareholding.

155


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.