Payments to Suppliers

The entry into force of Spanish Act 31 of 3 December 2014, modifying Act 15 of 5 July 2010, in turn modifying Act 3 of 29 December 2004, which introduced measures to combat late payments on commercial transactions, requires companies to publish their average term of payment to suppliers in their annual report and also on their website.

In response to this reporting obligation, Elecnor confirms that its average term for payment to suppliers stood at 63 days at 31 December 2016.