ANNUAL REPORT ‘12
NOTES TO THE FINANCIAL STATEMENTS
237
being analysed: the variation of the fair value of the swap and the variation of the fair value of the finance attribu-
table to changes in the Euribor interest rate. This method is used in both retrospective as well as forecasting tests.
The dollar offset method is used for the purposes of identifying ineffectiveness.
The test is carried out on each reporting date.
The movement in the year was as follows:
28_PROVISIONS
The provisions constituted in 2009 seek to cover the responsibilities that ANA, S.A. could assume with regard to
processes underway with the tax authority. Keeping in mind the specific nature of the disputed materials and the
absence of jurisprudence in this regard, the Group chose to constitute provisions for the value that has already
been established for the bank guarantee that suspends the process of fiscal execution. During 2010 to 2012 there
has been no evolution.
29_PAYABLES AND OTHER LIABILITIES – NON-CURRENT
Fair value Impact in results
Impact in
Fair value
2011
Interest paid
Interest costs
equity
2012
Coverage
(2,874,333.61)
774,120.41
(781,941.87)
(1,334,679.61)
(4,216,834.68)
Fair value Impact in results
Impact in
Fair value
2010
Interest paid
Interest costs
equity
2011
Coverage
(1,191,794.33)
674,678.23
(667,574.90)
(1,689,642.61)
(2,874,333.61)
3,605,072.52
4,022,159.86
Deferred earnings
3,605,072.52
4,022,159.86
3,105,159.85
70,527,364.40
Investment subsidies
3,153,614.77
71,579,999.04
35,734,231.27
-
Contractual responsibilities
52,162,325.67
16,013,160.18
3,087,112.77
2,923,033.82
Guarantees provided by third parties
3,305,047.94
3,169,565.62
45,531,576.41
77,472,558.08
62,226,060.90
94,784,884.70
ANA, S.A.
2012
2011
ANA GROUP
2012
2011
