Consolidated Financial Statements
31. DIVIDENDS
At the General Meeting of 30
th
April 2015, the
company decided to pay a gross dividend of
0,055 euros per share (0,055 euros in 2014),
representing a total value of 990.000 euros
for outstanding shares (990.000 euros in 2014),
settled on May 29
th
, 2015.
32. CONTINGENT ASSETS AND LIABILITIES
The group has contingent liabilities regarding
bank and other guarantees and other contin-
gencies related with its business operations (as
licensing, advertising fees, food hygiene and
safety and employees, and the rate of success
of these processes is historically high in Ibersol).
No significant liabilities are expected to arise
from the said contingent liabilities.
On 31
st
December 2015, responsibilities not re-
corded by the companies and included in the
consolidation consist mainly of bank guarantees
given on their behalf, as shown below:
Dec. 2015
Dec. 2014
Bank guarantees
1.875.027
1.884.411
On type of coverage, bank guarantees are as follows:
Leases and
rents
Fiscal and legal
proceedings
Other legal
claims
Other supply
contracts
1.766.170
68.027
8.731
32.100
The relevant amount comes from the guarantees required by the owners of spaces concession (Ana
Airports) or leased (shopping centers).
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