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(1)

June 2014

(2)

01

The city of Barcelona: profile

population and area

diversified economy

labour market and level of training

city open to the world

touristic reference and city of trade fairs and congresses

international positioning

reference for quality of life

cohesive city

02.

Political and administrative organisation of the City Council of Barcelona

framework of competences

municipal services

municipal government and executive structure

human resources

territorial organisation

(3)

01

(4)

POPULATION & AREA

(5)

Barcelona is the capital of Catalonia.

With an area of 100 Km2 and 1,6 milion

inhabitants, it is one of the densest cities in Europe.

Barcelona represents 0,3% of the territory of Catalonia but concentrates 21% of the Catalan population.

2013 Population Surface

(km2)

Density (inhab/km2)

Barcelona 1.611.822 102 15.777

Metropolitan

area 3.228.569 636 5.076 Catalonia 7.553.650 32.108 235 Spain 47.129.783 505.968 93

POPULATION & AREA (1/4)

Source: INE and Dept. Of Statistics, AB. Annual

Catalonia

(6)

POPULATION & AREA (2/4)

Barcelona is the central nucleus of the Metropolitan Region of Barcelona, a region among the first ten European urban agglomerations in terms of population and employment.

EUROPEAN METROPOLIS DEPENDING ON POPULATION

Source: World Gazetteer. Annual. 2014

>10 million

London Paris Rurh

Between 4-7 million

Randstad Madrid

Manchester-Liverpool Berlin

Barcelona Rome Milan

Between 3-4 million

Francfort Hamburg Birmingham

(7)

POPULATION & AREA (3/4)

The city has undergone a strong increase in immigrant population over the last decade. Currently the foreign population represents 16,7% of the total population. It is a very diverse immigration: 150 nationalities live together in BCN.

Foreigners by continent of origin 2014

Source: Dept. Of Statistics, AB. Annual

4,9 7,6

10,7 12,8 14,2

15,9

15,6 17,3

18,1 17,6 17,3 17,4

17,4 16,7 0 2 4 6 8 10 12 14 16 18 20

Weight of foreign population of BCN (%) (%)

34,2%

7,3% 22,6%

29,8%

5,8% 0,1% America

Africa

Asia

EU (28)

Rest of Europe

(8)

The migratory phenomenon has contributed to a certain rejuvenation of the population.

The population under 14 years old has increased its weight and the index of ageing (over-65s over under-14s) has reduced.

Source: INE. Dept. Of Statistics, AB. Annual

Index of ageing

2000= 188.9%

2013= 170.0%

POPULATION & AREA (4/4)

11,6 12,4

11,6 8,8

54,8 57,7

21,9 21,1

0 10 20 30 40 50 60 70 80 90 100

2000 2013

Structure of ages (%)

65 and more

25-64 years

15-24 years

(9)

DIVERSIFIED ECONOMY

(10)

DIVERSIFIED ECONOMY (1/6)

Barcelona generates 30% of the GDP of Catalonia and employs 34% of the workers.

The GDP of the city is 39% higher than the average of Catalonia while in terms of per capita income, it is 14% higher.

Source: Idescat (annual) i INSS (quarterly)

GDP (million €) GDP per capita Income (million €) Income per capita

Employed*

Barcelona Catalonia % BCN/CAT

61.915 38.500 31.038 19.300

205.315 27.700 125.141 16.900

30% 139% 25% 114%

Income= Gross disposable household income. Data 2010

970.021 2.862.396 34%

(11)

DIVERSIFIED ECONOMY(2/6)

As with other large cities, BCN has become specialised as a city of services, sector in which 88% of the workers are employed. The weight of industry has decreased (from15% in the year 2000 to 8% in 2013) .

The weight of construction is less than those of other similar economies.

Source: INSS, general regimes and self-employed. Quarterly

2013 2000 0% 20% 40% 60% 80% 100%

BCN AMB AMB-BCN CAT 0,0 0,1 0,1 1,2 8,0 10,7 15,6 15,6 3,2 4,3 6,4 5,7 88,0 85,0 77,9 77,5

0 20 40 60 80 100

BCN AMB AMB-BCN CAT 0,2 0,2 0,2 0,7 15,0 19,7 28,7 24,6 5,7 7,2

10,1 9,6 79,1 72,9

61,0 65,1 Services

Construction

Industry

(12)

Distribution of employment 2013

The sectors of added-value services have taken on a growing importance within the employment from services.

DIVERSIFIED ECONOMY (3/6)

22,1 20,4 20,9 15,2 11,7 9,7

Added-value services (%) 2013

Administrative act. and auxliliary services

Health act. and social services Professional and technical act. Education

Information and comunication Financial act. and insurances

Source: INSS, general regimes and self-employed. Quarterly

Added Value services

44% The rest

of sectors

(13)

DIVERSIFIED ECONOMY (4/6)

The business fabric shows a structure similar to the whole of Catalonia:

Dominance of the micro-companies (more than 94% have less than 10 workers) and with little presence of companies with more than 200 workers.

Sourcet DIRCE –INE, Dept. Of Statistics.AB. Annual

Dimensions of companies 2013

no workers 56,5% 1-9 workers

38,4% de 10-49

workers 4,0%

de 50-199 workers

0,8%

200 and more workers

(14)

DIVERSIFIED ECONOMY (5/6)

Predominance of companies from the service sector, highlighting the weight of

commerce and repairs (20%) and from the professional, scientific and technical activities (19%).

Sourde: DIRCE –INE, Dept. of Statistics. Annual

3,7 9,0 19,5 5,0 6,3 3,5 2,4 7,0 18,9 7,3 3,0 7,3 2,7 4,3

0,0 5,0 10,0 15,0 20,0 25,0 Industry

Construction Commerce and repairs Transport and storage Hotel industry Inf and comunications Financial act. and ensurances Property act. Professional, scientific and technical act. Administratives act. and auxiliary services Education Health act. and social services Artistic, recreational and entertainment act. Other services

(15)

DIVERSIFIED ECONOMY (6/6)

The number of constructed mercantile companies recovers from 2010.

The area of Barcelona shows a levels of entrepreneurial activity below the European Union average.

Source: Global Entrepreneurship Monitor. Annual figures. INE, Dept. Of Statistics, AB(per Mercantilse Comp. Monthly figures

Mercantile companies constituted and interannual variation rates

Ent re pr ene ur sh ip rat e. % po pu la ti o n b et we en 18 -64 ye ar s inv o lv ed in t he st ar t-up of a bu si ne ss

Entrepreneur Activity in the EU 2012

-25,0 -20,0 -15,0 -10,0 -5,0 0,0 5,0 10,0 0 2.000 4.000 6.000 8.000 10.000 12.000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

% 6,2% 6,4% 6,5% 6,5% 6,8% 7,0% 7,6% 7,7% 7,8% 7,9% 8,3% 9,2% 9,2% 9,4% 9,6% 10,2% 10,8% 13,4% 14,3%

(16)

LABOUR MARKET AND LEVEL OF

TRAINING

Competitive labour cost and level

of training with international

(17)

IVT/2013 Rate of activity Rate of employment Rate of unemployment

Barcelona 79,0 65,4 17,2

Catalonia 79,2 61,7 22,0 Spain 75,3 55,9 25,8 EU (28) 72,1 64,3 10,7

Barcelona registers rates of activity and employment higher than the Catalan and Spanish average even though the crisis has had a major impact on the labour market.

The number of workers registered on the Social Security has reduced between 2007-2012, and grows slightly again in 2013.

Source: EPA, INSS, Dept. Of Statistics, AB. Quarterly

LABOUR MARKET AND LEVEL OF TRAINING (1/4)

Rate of activity, employment and unemployment 16-64 years old

Workers registered on the Social Security

1.097.936 1.062.428 1.021.073 1.014.109 991.356 968.243 970.021 900.000 950.000 1.000.000 1.050.000 1.100.000 1.150.000

(18)

LABOUR MARKET AND LEVEL OF TRAINING (2/4)

The economic uncertainty is also reflected in the growing

weight of temporary contracts, which represent 88% of the

contracts. Registered unemployment has also undergone a strong increase since the start of the crisis.

In the city there are more than 106,000 people unemployed and the Rate of unemployment is situated at 18%, below that of Catalonia and Spain.

Registered Unemployment

Source: Dept. of Enterprise and Employment (GC), Dept.of Statistics, AB. Monthly

51.243 74.304

101.069

100.868

108.624 112.192 107.667

106.398

0 20.000 40.000 60.000 80.000 100.000 120.000

(19)

LABOUR MARKET AND LEVEL OF TRAINING (3/4)

However, in terms of salaries and labour costs, Barcelona is a competitive city in the international context.

According to The Economist

Intelligence Unit, Barcelona is

in the 29

th

position in level of

human capital quality among

120 cities in the world.

Barcelona ranks 29

th

in the UBS bank

ranking of 72 cities

according to salary

level.

(20)

According to the Financial

Times QS World University Ranking

Universitat Jiao Tong de Shangai

LABOUR MARKET AND LEVEL OF TRAINING (4/4)

It has a qualified human capital and an internationally recognised supply of universities, business schools and masters degrees.

5 public universities. 3 private universities. 205.000 university students

Best European

business schools :

3a Esade

6a IESE

UB: among the

100 best

universities of the

world for health

sciences.

UB, UAB, UPF

among the best 300

universities in the

world.

UPC among the best

350.

(21)

CITY OPEN TO THE WORLD

(22)

CITY OPEN TO THE WORLD (1/3)

Barcelona represents 20% of the Spanish exports and 27,1% of the high and medium-high level technical contents.

50% is exported to European countries: France, Germany, Italy, Portugal and the United Kingdom.

Exports from province of Barcelona

Source: Secretary of State for Trade; Ministry of Economy and competitiveness. Monthly

0,0 5.000,0 10.000,0 15.000,0 20.000,0 25.000,0 30.000,0 35.000,0 40.000,0 45.000,0 50.000,0

(23)

CITY OPEN TO THE WORLD (2/3)

The airport of Barcelona is the tenth European airport in number of passengers. 63% of the passengers correspond to international transit.

With 2,6 million cruise-ship passengers, the port is the first destination for cruise-ship passengers in the Mediterranean.

Source: AENA, Port de Barcelona, Monthly.

Passangers of the airport Cruise-ship ports in Europe

and Mediterranean Barcelona Civitavecchia (Roma) Venècia El Pireu (Atenes) Southampton Illes Balears 0 500.000 1.000.000 1.500.000 2.000.000 2.500.000 3.000.000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Passangers 0 5.000 10.000 15.000 20.000 25.000 30.000 35.000 40.000 Thousands

(24)

CITY OPEN TO THE WORLD (3/3)

Barcelona is one of the cities in the worldwith the largest number of consulates.

Source: Department of international relations and cooperation. AB. Annual.

New York 110

Hong Kong 104

Hamburg 99

Barcelona 96

Hong Kong 125

New York 113

Los Angeles 100

Hamburg 96

Barcelona 98*

2007

2012

(25)

TOURISTIC REFERENCE AND CITY

OF TRADE FAIRS AND

CONGRESSES

(26)

TOURIST REFERENCE AND CITY OF TRADE FAIRS &

CONGRESSES (1/2)

Barcelona is one of the main destinations for urban tourism in Europe and a focus of attraction for business visitors: 7,6 million visitors and 16,5 million overnight stays in hotelsin 2013.

The figures are maintained despite the crisis.

Source: Turisme de Barcelona and INE . Quarterly

80% of the tourists are foreigners

Visitors and Overnight stays Origin of tourists

-10 -5 0 5 10 15 20 25 30 0 2.000 4.000 6.000 8.000 10.000 12.000 14.000 16.000 18.000 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 % An n u al var iation Th o u san d s

Overnight stays Visitors % overnight stays % visitors

Spain 20 % EU 43,7 % Rest of Europe 9,4 % America 14,9 % Japan 2,2 % African countries 1,2 %

(27)

Fourth city in the world in the organisation of international meetings.

Growing internationalisation: 80% of the meetings are international.

TOURIST REFERENCE AND CITY OF TRADE FAIRS &

CONGRESSES(2/2)

Source: International Congress & Convention Association. Turisme de Barcelona. Annual

Meeting held & delegates attending Congresses by sectors. 2013

Medical 36,8 % Scientific 12 % Academic 7,9 % Technological 13,7 % Social 4,8 % Industrial 4,5 % Others 20,3 % 0 500 1.000 1.500 2.000 2.500 3.000 0 100.000 200.000 300.000 400.000 500.000 600.000 700.000 800.000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Meetings Attendees

(28)

INTERNATIONAL POSITIONING

(29)

INTERNATIONAL POSITIONING (1/2)

1

6

Madrid

Barcelona

2 3

4 5

9 8

7

6

London

Paris Munich Berlin Amsterdam Brussels

Best european cities for business

European Cities Monitor (Cushman&Wakefield)

Possible competing cities

Major cities

(30)

Ernst & Young

INTERNATIONAL POSITIONING (2/2)

Font: Cuhsman&Wakefield. Ernst&Young, Mercer, ICCA and others. Annual

Financial Times

Best European business

schools: 3rd Esade 6th IESE

Most admired city in the

world for its model of

urban development

6th best European city for business

2nd European city for best promotion

1rst in quality of life

Cushman & Wakefield

4th city in the world in the holding of

international meetings

International Congress and Convention Association

It’s not in the most expensive

cities in the world

Mercer Human Resource Consulting

UB: among the 100 best universities

in the world for health sciences

The only city in the world with 9

UNESCO World Heritage sites

(31)
(32)

Barcelona offers cultural, educational, and environmental elements, among others, that define it as a city with quality of life.

REFERENCE FOR QUALITY OF LIFE (1/3)

Source: Mobility, Urban Habitat, AB. Quarterly-annual

39 municipal markets

4,4 Km of beaches

18,9m2 of green urban space per inhabitant

36% of waste collected selectively

39% of internal journeys are done by public transport and 34% on foot or by bicycle

247.657 beneficiaries of the ‘pink card’ for the elderly

40 of the social services centres, with 70.872people attended.

19,39 %of the population 65 or over and more years with teleassistance service.

286.714 journeys of special transport

100% accessible buses

86% of metro stations with lift

92% of kilometres of accessible public way

(33)

REFERENCE FOR QUALITY OF LIFE (2/3)

39 public libraries

2,4 libraries / 100.000 inhab.

55 museums and big exhibition centers

3,4 centers / 100.000 inhab.

57 theaters

3,5 theater / 100.000 inhab.

203 cinema halls

12,6 halls / 100.000 inhab.

Source: Institute of Culture

6,34 million visits to the libraries

3,9 per capita visits

20,9 million visits to the 10 most visited museums and inherited sites

2,3 million spectators of performing arts

1,4 per capita spectators

5,1 million spectators of cinema

3,2 per capita spectators

(34)

REFERENCE FOR QUALITY OF LIFE (3/3)

Source: Education Consortium. Municipal Institute of Education, AB. Annual-quarterly

Non-university educational

infrastructure (2013)

Non-university students

(2013)

95 municipal nursery schools

938 education centres

70% supported with public funds

4 municipal music schools 1 municipal conservatory

7.940 nursery schools students

247.790 education centre students

90% in public centres

(35)
(36)

Districts

Resident Population

Index RFD BCN=100

2012 2012

1. Ciutat Vella 105.220 76,6 2. l'Eixample 265.592 110,6 3. Sants-Montjuïc 183.700 76,3 4. Les Corts 82.238 139,7 5. Sarrià-Sant Gervasi 145.413 177,0 6. Gràcia 121.550 103,9 7. Horta-Guinardó 168.525 80,0 8. Nou Barris 167.175 57,1 9. Sant Andreu 146.963 72,9 10. Sant Martí 233.463 79,6

Barcelona 1.619.839 100,0

Barcelona is a city of medium level incomes, in which the salary segments are very stable and only concentrate 17,8% of the population.

In recent years a process of

widening of territorial inequalities has been observed, a very common fact in situations of economic crisis such as the present one.

COHESIVE CITY (1/4)

Source: Barcelona Economia-GTP-AB.Annual

(37)

COHESIVE CITY (2/4)

The most notable contrast of the levels of income can be seen between the neighbourhoods of Les Corts and Sarrià-Sant Gervasi –higher level, and Nou Barris – a lower level.

The neighbourhoods of Sant Martí are heterogeneous, while Gràcia and Sants-Montjuïc present a much more compact income profile per neighbourhood.

Source: Barcelona Economia-GTP-AB.Annual

Disposable Household Income per capita 2012 (index numbers. Basis Barcelona=100)

Very high (more than 159) High (from 126 to 159) Medium-high(from 100 to 126) Medium- low ( from 79 to 100) Low(from 63 to 79)

Very low ( less than 63) Disposable Household Income per capita 2012

(38)

SATISFACTION OF LIVING IN BARCELONA (3/4)

The Barcelona citizens feel satisfied with living in the city and notably rate the level of quality of life

Source: Quality of City Survey –AB

Quality of City Survey 2012

7,63 7,61

7,77

6,75

6,64

7,03

6 6,2 6,4 6,6 6,8 7 7,2 7,4 7,6 7,8 8

2004 2008 2012

Satisfaction of living in Barcelona

(39)

SATISFACTION OF LIVING IN BARCELONA (4/4)

The most highly rated municipal services are the public libraries, the rubbish collection, the metro and the municipal markets.

Source: Municipal Services Survey –AB. Annual

2008 2009 2010 2011 2012 2013

Public libraries 7,0 7,3 7,5 7,5 7,6 7,6

Waste collection 6,7 6,8 7,0 7,0 7,3 7,4

Metro 6,8 7,0 7,2 7,3 7,1 7,3

Municipal markets 6,8 6,9 7,0 7,0 7,0 7,0

Cultural activities 6,5 6,7 6,8 6,9 6,9 6,9

Popular festivities 6,5 6,6 6,7 6,7 6,8 6,9

Bus 6,4 6,4 6,6 6,8 6,6 6,9

Public lighting 6,4 6,5 6,5 6,5 6,7 6,7

Citizen information services 6,3 6,3 6,5 6,4 6,6 6,7

Street cleaning 6,0 6,1 6,4 6,2 6,5 6,7

Public sport facilities 6,0 6,0 5,9 6,1 6,1 6,3

Green spaces 5,9 6,0 6,1 6,0 6,1 6,3

Urban planning 6,1 6,0 6,3 6,2 6,1 6,2

Social services 6,1 6,1 6,2 5,8 5,9 6,1

Façades, buildings preservation 6,4 6,3 6,3 6,2 6,1 6,1

Bicing 6,2 5,8 5,8 6,0 6,1 5,9

Paved roads 6,1 6,0 6,1 6,0 5,9 5,9

Environment 5,5 5,7 5,7 5,4 5,6 5,9

Citizen security (neighbourhoods) 5,3 5,3 5,3 5,3 5,6 5,8

Local police 5,6 5,5 5,5 5,5 5,5 5,7

Traffic 4,4 4,6 4,6 4,8 5,2 5,4

Citizen security (city) 5,2 5,2 4,9 4,8 5,2 5,4

Noise 4,6 4,6 4,8 4,7 5,0 5,2

(40)

Political and administrative

organisation of the City Council of

Barcelona

02

Framework of Competences

Municipal services

Municipal Government and executive

structure

Human Resources

(41)
(42)

FRAMEWORK OF COMPETENCES (1/2)

The Law of bases for local tax offices (1985) establishes the framework of competences of the local administrations.

It determines the matters that are of local competence and defines a series of obligatory competences of the town and city councils.

The Municipal Charter of Barcelona is the special legal regime of the city that regulates the organisation of the municipal government, the regulatory powers and the municipal competences.

Local

competences

Obligatory

services

(43)

FRAMEWORK OF COMPETENCES (2/2)

Security in public spaces

Ordering of vehicle traffic and people on the urban public thoroughfare Urban planning regulations, management, execution and discipline Promotion and management of housing

Historical-artistic heritage

Provisions, slaughterhouses, fairs and defence of users and consumers Public health protection

Social promotion and reinsertion

Cultural and sports activities and facilities Participation in the education programme

Cooperation with the education administration in the creation, construction and sustaining of public education centres and

Vigilance and compliance of the obligatory schooling

(44)
(45)

Public lighting Cemeteries

Waste collection, street cleaning, waste treatment Drinking water provision and sewerage

Access to the nucleuses of population Paving of the public thoroughfare Control of food and drinks

Public parks Public libraries Markets

Civil protection, prevention and extinction of fires Social service provision

Public sports facilities

Collective urban passenger transport Environmental protection

Source: Law 22/1998 The Municipal Charter of Barcelona and Law 7/1985 regulator of bases of local regime.

(46)

TOTAL MUNICIPAL SERVICES (2/2)

+

(47)
(48)

Municipal Council : 41 councillors

Mayor’s Office

Government Commission of: 14 Councillors

Plenary Commissions of : 6 government areas

MUNICIPAL GOVERNMENT

(49)

MUNICIPAL GOVERNMENT: AREAS OF GOVERNMENT

Mayor’s Office, Interior, Safety and Mobility

Quality of life, Equality and Sports

Urban Planning, Infrastructures, Housing, Environment and ICT

Economic, Business and Employment

Culture, Knowledge, Creativity and Innovation

(50)

EXECUTIVE STRUCTURE

MUNICIPAL GOVERNMENT AND EXECUTIVE STRUCTURE (3/4)

Mayor

Chief Executives Officer

Constantí Serrallonga

Deputy Manager of Strategic Projects

Pilar Soldevila

Deputy Manager of Coordination of Municipal Companies and Entities

Ramon Massaguer

Deputy Manager of Territorial Coordination

Miquel Guiot

Manager of Ciutat Vella district Mercè Massa Manager of Gràcia district Montserrat Filomeno Manager of Horta– Guinardó district

Carles Mas

Manager of Sant Andreu district

Salvador Coll

Manager of Sant Marti district

Joan Cambronero

Manager of L’Eixample district

Màxim López

Manager of Sants Montjuïc district

Francesc Jiménez

Manager of Les Corts district

Josep García

Manager of Sarrià St Gervasi district

Carles Esquerra

Manager of Nou Barris district

(51)

City Council

Group

MANAGEMENT ENTITIES WITH INDEPENDENT LEGAL STATUS

Barcelona City Council

Local Autonomous organisations Entrepreneurial public entities Public limited companies Consortium

Foundations

5 sectors and 10 districts

9 4 10 10 3

1

9 4 10 45 66

Participate in

the management

37

135

(52)
(53)

City council 6.456 52,4

Sectors 5.570 45,2

Districts 864 7,0

Local Autonomous organisations 2.292 18,6 Entrepreneurial public entities 1.336 10,8 Public limited companies 2.242 18,2

TOTAL MUNICIPAL GROUP 12.326 100

HUMAN RESOURCES

Staff of Barcelona City Council group

City Council 52% Local

Autonomous organisations

19% Entrepreneurial

public entities 11%

Mercantile companies

(54)
(55)

The city is made up of:

TERRITORIAL ORGANISATION

10 districts

Sarrià – Sant Gervasi

Horta

Guinardó Nou Barris

Sant Andreu

Sant Martí Ciutat

Vella Sants- Montjuïc

Eixample Les

Corts Gràcia

(56)

Economic-financial situation of the

City Council of Barcelona.

03

(57)

FINANCIAL OBJECTIVES 2012-2015

DEFICIT

Zero

DEBT

<60%

Current revenues

PAYMENT TO

SUPPLIERS

30 days

GROSS SAVINGS

>15%

(58)

EVOLUTION OF CURRENT REVENUES/EXPENSES

Revenues vs Expenses (Million of euros)

2.283

2.233

2.042

1.884

2.235

2.357

1.633

1.731 1.775

1.788 1.808

1.890

1.400 1.600 1.800 2.000 2.200 2.400 2.600

PL 2008 PL 2009 PL 2010 PL 2011 PL 2012 PL 2013

Current revenues

(59)

GROSS SAVINGS

650 502 267 96 427 467

28,5%

22,5%

13,1%

5,1%

19,1%

19,8%

0 100 200 300 400 500 600 700

PL 2008 PL 2009 PL 2010 PL 2011 PL 2012 PL 2013

Gross savings

% s/revenues

D-F 15% goal

Trendline (gross savings)

OBJECTIVE

(60)

EVOLUTION OF CAPACITY / NEED FOR FINANCING

145,0

92,0

-47,0 -26,0

119,0 125,0 152,0

209,0 72,2 -83,3 -300,2 -398,3 60,1 139,3

17,0 15,0

80,0

20,0 109,0 177,0 252,0 321,6 227,6 125,1 275,3 -198,5 -63,0 23,5 -500,0 -400,0 -300,0 -200,0 -100,0 0,0 100,0 200,0 300,0 400,0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Financial needs Surplus (Deficit) (CNF)

and Surplus (Deficit) coverage CNF

Financial needs / Surplus (Deficit) (CNF) (Surplus/Deficit SEC rules)

(61)

EVOLUTION OF DEBT

750 1.200 1.090 1.165 1.101

33,6%

58,8% 57,9%

52,1%

46,7%

0,0% 10,0% 20,0% 30,0% 40,0% 50,0% 60,0% 70,0%

0,0 200,0 400,0 600,0 800,0 1.000,0 1.200,0 1.400,0

2009 2010 2011 2012 2013

(62)

PAYMENT TO SUPPLIERS

36

26 26

30 30

28 28 26 26 26 29

24 22

25 24 26

29 40

28 31

27 30

34

29 29

27

30 31

26 26

29 27

30 30

0 5 10 15 20 25 30 35 40

45

Suppliers payment terms (days)

(63)

Referencias

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