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    "concept": "ifrs-full:CashAndCashEquivalents",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00",
    "unit": "iso4217:EUR"
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  "f-438": {
   "value": "<div class=\"ps1131 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-cc0e76ea ps12591\">Notas a las Cuentas Anuales Consolidadas</span></div><div class=\"ps1134 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 1.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps1132_1\"><span style=\"display:inline-block;height:11.34pt;width:3.62pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Informaci\u00f3n del Grupo</span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.71pt\">La sociedad matriz o dominante,</span><span class=\"f charStyle-f47c836a ps1135_1\" style=\"width:130.67pt\"> Meli\u00e1 Hotels International, S.A.</span><span class=\"f charStyle-f47c836a ps1136_1\" style=\"width:251.24pt\">, en adelante la \"Sociedad\" o la \"Sociedad dominante\", es una</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.26pt\">sociedad an\u00f3nima</span><span class=\"f charStyle-f47c836a ps1139_1\" style=\"width:142.07pt\"> espa\u00f1ola que fue constituida en </span><span class=\"f charStyle-f47c836a ps1140\" style=\"width:34.51pt\">Madrid, </span><span class=\"f charStyle-f47c836a ps1141\" style=\"width:27.82pt\">Espa\u00f1a</span><span class=\"f charStyle-f47c836a ps9701\" style=\"width:237.88pt\">, el 24 de junio de 1986 bajo la denominaci\u00f3n social de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Investman, S.A. Con fecha 1 de junio de 2011, la Junta General de Accionistas aprob\u00f3 el cambio de denominaci\u00f3n social,</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:443.25pt\">pasando a denominarse Meli\u00e1 Hotels International, S.A. La Sociedad traslad\u00f3 en 1998 su domicilio social al</span><span class=\"f charStyle-f47c836a ps1147_1\" style=\"width:72.28pt\"> n\u00ba 24 de la calle</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:167.09pt\">Gremio Toneleros, de Palma de Mallorca.</span><span class=\"f charStyle-f47c836a ps10463\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Meli\u00e1 Hotels International, S.A. y sus entidades dependientes y asociadas (en adelante, el \u201cGrupo\u201d o la \u201cCompa\u00f1\u00eda\u201d)</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">configuran un grupo integrado de empresas que se dedican, fundamentalmente, a actividades tur\u00edsticas en general y m\u00e1s en</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">concreto a la gesti\u00f3n y explotaci\u00f3n de hoteles de su propiedad, alquiler, en r\u00e9gimen de gesti\u00f3n o franquicia, as\u00ed como a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a\"><span class=\"ps12591\" style=\"width:72.59pt\">operaciones de cl<span style=\"display:inline-block;height:6.63pt;width:1.35pt\"></span></span><span class=\"ps1157\" style=\"width:441.6pt\">ub vacacional. El Grupo tambi\u00e9n se dedica a la promoci\u00f3n de toda clase de negocios relacionados con los</span></span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">\u00e1mbitos tur\u00edstico y hotelero o con actividades de ocio, esparcimiento o recreo, as\u00ed como a la participaci\u00f3n en la creaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">desarrollo y explotaci\u00f3n de nuevos negocios, establecimientos o entidades, en los \u00e1mbitos tur\u00edstico y hotelero y de cualquier</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">actividad de ocio, esparcimiento o recreo. As\u00ed mismo, algunas sociedades del Grupo realizan actividades inmobiliarias</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.57pt\">aprovechando las sinergias obtenidas en los desarrollos hoteleros motivados por el fuerte proceso de expansi\u00f3n</span><span class=\"f charStyle-f47c836a ps1164_1\" style=\"width:3.3pt\">.</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">En todo caso, quedan expresamente excluidas del objeto social aquellas actividades que las leyes especiales reserven a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">sociedades que cumplan determinados requisitos que no sean cumplidos por el Grupo; en particular, se excluyen todas las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">actividades que las leyes reserven a las Instituciones de Inversi\u00f3n Colectiva o a las sociedades mediadoras del mercado de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1171_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:31.92pt\">valores.</span><span class=\"f charStyle-f47c836a ps1170\" style=\"width:2.71pt\"> </span></div><div class=\"ps1172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Con m\u00e1s de 65 a\u00f1os de historia, Meli\u00e1 Hotels International ha consolidado su presencia internacional con 383 hoteles en 39</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:95.59pt\">pa\u00edses, principalmente </span><span class=\"f charStyle-f47c836a ps1173\" style=\"width:194.05pt\">Espa\u00f1a, Latinoam\u00e9rica, resto de Europa y Asia.</span><span class=\"f charStyle-f47c836a ps1174\" style=\"width:225.94pt\"> Con una experiencia afianzada en nueve marcas, para</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">dar respuestas a las diferentes expectativas de los clientes, que evidencia su liderazgo en hoteler\u00eda vacacional y bleisure,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Meli\u00e1 Hotels International aspira a posicionarse entre los primeros grupos hoteleros del mundo en el segmento medio y alto,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1180 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:396.33pt\">as\u00ed como ser reconocidos como referente mundial en excelencia, responsabilidad y sostenibilidad.</span></div><div class=\"ps1183_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 2.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps1182_1\"><span style=\"display:inline-block;height:11.34pt;width:1.57pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Bases de Presentaci\u00f3n de las Cuentas Anuales Consolidadas</span></div><div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">El Grupo Meli\u00e1 Hotels International presenta sus cuentas anuales consolidadas de acuerdo con las Normas Internacionales de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.32pt\">Informaci\u00f3n Financiera (NIIF) y sus interpretaciones (CINIIF) en vigor a </span><span class=\"f charStyle-f47c836a ps1185\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps1186_1\" style=\"width:129.9pt\">, publicadas por el International</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.78pt\">Accounting Standard Board (IASB) y adoptadas por la Uni\u00f3n Europea.</span></div><div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Estas cuentas anuales consolidadas son formuladas por el Consejo de Administraci\u00f3n de la sociedad dominante y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:414.28pt\">pendientes de aprobaci\u00f3n por la Junta General de Accionistas, esperando sean aprobadas sin cambios.</span></div><div class=\"ps1193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las cifras del Balance, de la Cuenta de p\u00e9rdidas y ganancias, del Estado del resultado global, del Estado de cambios en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1194 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">patrimonio neto, del Estado de flujos de efectivo, as\u00ed como las Notas de la memoria, todos ellos consolidados, se expresan en</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1195_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:262.87pt\">euros, redondeados a miles, excepto que se indique lo contrario.</span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las cuentas anuales consolidadas del Grupo se han elaborado de acuerdo con el enfoque del coste hist\u00f3rico, entendido como el</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">valor razonable de la contraprestaci\u00f3n dada o recibida a cambio de bienes y servicios, excepto para las partidas recogidas en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">el ep\u00edgrafe de inversiones inmobiliarias, y para los instrumentos financieros clasificados como activos y pasivos financieros a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor razonable con cambios en resultados y a valor razonable con cambios en otro resultado global, que son valorados a valor</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">razonable (ver Nota 4.9). Cabe mencionar que los saldos provenientes de las sociedades venezolanas y argentinas del Grupo</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">han sido reexpresados a coste corriente, seg\u00fan la NIC 29, al considerarse este pa\u00eds como una econom\u00eda hiperinflacionaria (ver</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:45.58pt\">Nota 3.14).</span></div><div class=\"ps1206 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1204\"><span style=\"display:inline-block;height:6.8pt;width:5.33pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Cambios en pol\u00edticas contables, estimaciones y errores.</span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Cambios en las NIIF-UE</span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El Grupo ha adoptado en el presente ejercicio la siguiente modificaci\u00f3n aprobada por la Uni\u00f3n Europea cuya aplicaci\u00f3n no era</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.79pt\">obligatoria en 2024:</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:223.01pt\">Modificaci\u00f3n a la NIC 21: \"Ausencia de convertibilidad\".</span></div><div class=\"ps1213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha modificaci\u00f3n no ha tenido efectos significativos sobre las cuentas anuales consolidadas, ni sobre la situaci\u00f3n financiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.88pt\">del Grupo.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Las siguientes modificaciones de normas han sido emitidas y aprobadas para su uso por la UE con anterioridad a la fecha de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.4pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, pero entrar\u00e1n en vigor en fechas posteriores.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.26pt\">Modificaciones a la NIIF 7 y NIIF 9: \"Clasificaci\u00f3n y Valoraci\u00f3n de Instrumentos Financieros\" y \"Contratos que hacen</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:237.88pt\">referencia a la electricidad dependiente de la naturaleza\".</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:104.32pt\">Mejoras anuales (vol. 11).</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No se espera que dichas modificaciones tengan efectos significativos sobre las cuentas anuales consolidadas, ni sobre la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.97pt\">situaci\u00f3n financiera del Grupo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las normas y modificaciones emitidas con anterioridad a la fecha de formulaci\u00f3n de estas cuentas anuales consolidadas y que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.2pt\">entrar\u00e1n en vigor en fechas posteriores, en caso de que sean adoptadas por la UE, son las siguientes:</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:234.78pt\">NIIF 18: \"Presentaci\u00f3n y desgloses de estados financieros\".</span></div><div class=\"ps1228_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:241.27pt\">NIIF 19: \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:308.75pt\">Modificaci\u00f3n a la NIIF 19 \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.28pt\">Modificaci\u00f3n a la NIIF 21 \"Efectos de las variaciones en las tasas de cambio de la moneda extranjera: Conversi\u00f3n a una</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:179.22pt\">moneda de presentaci\u00f3n hiperinflacionaria\".</span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">No se espera que la adopci\u00f3n de las normas anteriormente mencionadas suponga impactos materiales en los estados</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.51pt\">financieros del Grupo, excepto por la presentaci\u00f3n y desglose establecidos por la NIIF18. </span><span class=\"f charStyle-f47c836a ps1234_1\" style=\"width:137pt\">En relaci\u00f3n con esta Norma, con</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">fecha 13 de febrero de 2026 se ha producido el endoso por parte de la Uni\u00f3n Europea.\u00a0 El Grupo est\u00e1 evaluando actualmente</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">los cambios necesarios en los estados financieros consolidados, los sistemas de informaci\u00f3n y las comunicaciones, con el fin de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.41pt\">cumplir con los requisitos establecidos en la nueva norma que entrar\u00e1 en vigor a partir del 1 de enero de 2027.</span></div><div class=\"ps1241_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1240_1\"><span style=\"display:inline-block;height:6.8pt;width:4.1pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Imagen fiel</span></div><div class=\"ps1242_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las presentes cuentas anuales consolidadas han sido preparadas a partir de los registros contables internos de la sociedad</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1243 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">matriz, Meli\u00e1 Hotels International, S.A. y de los registros contables del resto de sociedades que integran el per\u00edmetro de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1245 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">consolidaci\u00f3n detallado en los Anexos 1 y 2, debidamente ajustados seg\u00fan los principios contables establecidos en las NIIF</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1246_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">adoptadas por la UE, y muestran la imagen fiel del patrimonio, de la situaci\u00f3n financiera, del resultado de la Compa\u00f1\u00eda y de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1248_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:272.07pt\">los flujos de efectivo habidos durante el correspondiente ejercicio.</span><span class=\"f charStyle-f47c836a ps1247_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1250_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1249_1\"><span style=\"display:inline-block;height:6.8pt;width:4.11pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Comparaci\u00f3n de la informaci\u00f3n</span></div><div class=\"ps1251 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Se presenta Balance, Cuenta de p\u00e9rdidas y ganancias, Estado del resultado global, Estado de cambios en el patrimonio neto y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.09pt\">Estado de flujos de efectivo, todos ellos consolidados, del ejercicio </span><span class=\"f charStyle-f47c836a ps1252\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1253_1\" style=\"width:188.5pt\"> y, a efectos comparativos, los del ejercicio </span><span class=\"f charStyle-f47c836a ps1254\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1255\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1257_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Asimismo, se han reexpresado determinados cuadros comparativos de 2024 para alinearlo con la nueva presentaci\u00f3n adoptada</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1258 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:34.66pt\">en 2025.</span></div><div class=\"ps1260 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.37pt\">2.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1259\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.89pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:170.69pt\">Medidas alternativas de rendimiento</span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Se desglosan a continuaci\u00f3n las principales medidas alternativas del rendimiento (o APM, por sus siglas en ingl\u00e9s) utilizadas por</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">la Compa\u00f1\u00eda, as\u00ed como su base de c\u00e1lculo, entendiendo como tales aquellas medidas del rendimiento financiero pasado o</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.14pt\">futuro, de la situaci\u00f3n financiera o de flujos de efectivo.</span><span class=\"f charStyle-f47c836a ps1263\" style=\"width:2.71pt\"> </span></div><div class=\"ps1265_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Principales indicadores financieros</span></div><div class=\"ps1266 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El Grupo emplea diversos subtotales del Resultado de explotaci\u00f3n (o EBIT, por sus siglas en ingl\u00e9s). Estos subtotales se</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1267_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">encuentran desglosados en la Cuenta de p\u00e9rdidas y ganancias consolidada, donde se puede observar su conciliaci\u00f3n respecto</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1268 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.04pt\">del Resultado de explotaci\u00f3n, as\u00ed como sus valores comparativos.</span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">EBITDAR (Earnings Before Interest, Tax, Depreciation, Amortization &amp; Rent): Resultado antes de intereses, impuestos,</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.25pt\">depreciaci\u00f3n, amortizaci\u00f3n y alquiler de hotel variable. Su utilidad reside en permitir la comparabilidad entre las</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">unidades de negocio hoteleras explotadas por el Grupo, independientemente de la estructura mediante la cual se hayan</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:156.27pt\">adquirido los derechos de explotaci\u00f3n.</span></div><div class=\"ps1276 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">EBITDA (Earnings Before Interest, Tax, Depreciation &amp; Amortization): Resultado antes de intereses, impuestos,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1278 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">depreciaci\u00f3n y amortizaci\u00f3n. Su utilidad es la de ofrecer una estimaci\u00f3n del flujo de efectivo neto de las actividades de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">explotaci\u00f3n. A tal efecto, este indicador se reporta tambi\u00e9n como subtotal en el Estado de flujos de efectivo</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:50.71pt\">consolidado.</span></div></div><div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:118.57pt\">Otros indicadores financieros</span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">EBITDAR y EBITDA sin plusval\u00edas: El objetivo de este indicador es ofrecer una medida del resultado operativo de la</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">Compa\u00f1\u00eda que no incluya determinados resultados del segmento inmobiliario, relacionados principalmente con la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">variaci\u00f3n del valor razonable de las inversiones inmobiliarias y la rotaci\u00f3n de activos. Para el c\u00e1lculo del EBITDA sin</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">plusval\u00edas se excluyen tanto ingresos como gastos relacionados con dichas actividades, dando lugar a los Ingresos sin</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:287.12pt\">plusval\u00edas, medida utilizada para el c\u00e1lculo de m\u00e1rgenes sin plusval\u00edas.</span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a\"><span class=\"ps1291_1\">\u00a0 <span style=\"display:inline-block;height:6.63pt;width:8.75pt\"></span></span><span class=\"ps1292\">La conciliaci\u00f3n del EBITDAR y el EBITDA sin plusval\u00edas, respecto de los reportados como subtotal en la Cuenta de </span></span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1270_1\">p\u00e9rdidas y ganancias consolidada, para el ejercicio </span><span class=\"f charStyle-f47c836a ps1293_1\">2025</span><span class=\"f charStyle-f47c836a ps1294\"> se ofrece en el siguiente cuadro:</span></div><div class=\"ps1335_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1334\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:159.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:74.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss76_1\"><div><div class=\"ps649 ss75_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1297 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1296\">Ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1299_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps11558\">Gastos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14285 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1300\">EBITDAR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1303_1 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1302\">Arrendamientos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1304_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps9393\">EBITDA</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss82_1\"><div><div class=\"ps1306 ss75_1\"><span class=\"f charStyle-40b73844 ps1305\">Cuenta de P\u00e9rdidas y Ganancias </span></div><div class=\"ps1308 ss75_1\"><span class=\"f charStyle-40b73844 ps1307\">Consolidada</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1312 ss83_1\"><div><div class=\"ps1311_1 ss108\"><span class=\"f charStyle-40b73844 ps1310_1\">2.096.552</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1314 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.479.548)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1316_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">617.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1318_1 ss18_1\"><div><div class=\"ps1311_1 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(53.392)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1319_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">563.612</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1320 ss76_1\"><div><div class=\"ps649 ss75_1\"><span class=\"f charStyle-10d23c65 ps267\">Plusval\u00edas inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1321 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(18.971)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1323 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps14748\">105</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1325_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(18.866)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1326 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(18.866)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1178 ss76_1\"><div><div class=\"ps649 ss75_1\"><span class=\"f charStyle-40b73844 ps1327\">Sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1329_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1310_1\">2.077.581</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1330 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.479.443)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1331_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">598.138</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1332 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(53.392)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1333_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">544.746</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1337_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.25pt\">El Grupo ha obtenido una variaci\u00f3n de valor positiva, neta de Plusval\u00edas de inmovilizado de 11 millones de euros como</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1338_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:361.98pt\">resultado de la revisi\u00f3n del valor de las inversiones inmobiliarias del Grupo (ver Nota 11).</span></div><div class=\"ps1339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.17pt\">Adicionalmente, los ingresos de Plusval\u00edas de inmovilizado incluyen 7,9 millones de euros correspondientes al segmento</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1340_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:135.02pt\">de rotaci\u00f3n de activos del Grupo.</span></div><div class=\"ps1344_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:314.82pt\">A efectos comparativos, se presenta el c\u00e1lculo de la medida para el ejercicio </span><span class=\"f charStyle-f47c836a ps1341\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1342\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps1343\" style=\"width:2.71pt\"> </span></div><div class=\"ps1355 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1334\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:161.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:74.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss49_1\"><div><div class=\"ps649 ss42_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps613_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-40b73844 ps1816\">Ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1299_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps11558\">Gastos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14285 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1300\">EBITDAR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1303_1 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1302\">Arrendamientos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1304_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps9393\">EBITDA</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss88_1\"><div><div class=\"ps1306 ss42_1\"><span class=\"f charStyle-40b73844 ps1346\">Cuenta de P\u00e9rdidas y Ganancias </span></div><div class=\"ps1308 ss42_1\"><span class=\"f charStyle-40b73844 ps12763\">Consolidada</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1348_1 ss89_1\"><div><div class=\"ps1311_1 ss645\"><span class=\"f charStyle-40b73844 ps637_1\">2.056.282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1314 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.441.778)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1316_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">614.504</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1318_1 ss18_1\"><div><div class=\"ps1311_1 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(39.149)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1319_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">575.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1320 ss49_1\"><div><div class=\"ps649 ss42_1\"><span class=\"f charStyle-10d23c65 ps267\">Plusval\u00edas inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1350 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(43.496)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1323 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps588\">1.725</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1325_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(41.771)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1326 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(41.771)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1178 ss49_1\"><div><div class=\"ps649 ss42_1\"><span class=\"f charStyle-40b73844 ps1353_1\">Sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1354_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-40b73844 ps637_1\">2.012.787</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1330 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.440.053)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1331_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">572.733</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1332 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(39.149)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1333_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">533.584</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1357_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.12pt\">En el ejercicio 2024, el Grupo obtuvo una variaci\u00f3n de valor positiva, neta de Plusval\u00edas de inmovilizado de 39,9</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1359_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.14pt\">millones de euros como resultado de la revisi\u00f3n del valor de las inversiones inmobiliarias del Grupo (ver Nota 10 y Nota</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1360_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:16.02pt\">11).</span></div><div class=\"ps1361 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.14pt\">Los ingresos de Plusval\u00edas de inmovilizado por 3,6 millones de euros correspondieron al segmento de rotaci\u00f3n de activos</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1362_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:42.88pt\">del Grupo.</span></div><div class=\"ps1363 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">Margen EBITDAR y EBITDA sin plusval\u00edas: El concepto de margen ofrece una relaci\u00f3n en forma de porcentaje de los</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1364_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">ingresos que la Compa\u00f1\u00eda es capaz de transformar en resultado operativo. Para la toma de decisiones operativas de la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1366 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Compa\u00f1\u00eda se toman en consideraci\u00f3n las magnitudes de ingresos, EBITDA y EBITDAR sin plusval\u00edas comentadas en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1367_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a\"><span class=\"ps1270_1\" style=\"width:342.79pt\">punto anterior. Se presenta a continuaci\u00f3n el c\u00e1lculo para el ejercicio 2025 y 2024:\u00a0 <span style=\"display:inline-block;height:6.63pt;width:17.21pt\"></span></span></span></div><div class=\"ps1390 ss0_2\"><div class=\"ss94_1 ws0 ps1389_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:249.75pt\"></td><td style=\"padding:0;width:105.75pt\"></td><td style=\"padding:0;width:105.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1371_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1370_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3712 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1370_1\">2024</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps27_2 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-fb61828c ps267\">Ingresos sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1374_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1373_1\">2.077.581</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1375_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1373_1\">2.012.787</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps8399 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-fb61828c ps267\">EBITDAR sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1377_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">598.138</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps14162 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">572.733</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11634 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-c9c26710 ps1379\">Margen EBITDAR sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1381_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">28,79%</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1382_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">28,45%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps11455 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-fb61828c ps267\">EBITDA sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1383 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">544.746</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1384 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">533.584</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1386 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-c9c26710 ps1385\">Margen EBITDA sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1387_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">26,22%</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1388 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">26,51%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1391_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-195f4023 ps3\">\u00a0 \u00a0 \u00a0 \u00a0 </span></div><div class=\"ps1392 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">Deuda Neta: Es un indicador utilizado para evaluar el apalancamiento financiero. Se calcula como diferencia entre la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.21pt\">deuda con entidades de cr\u00e9dito, emisiones de obligaciones y otros valores negociables y pasivos por arrendamientos a</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:309.35pt\">corto y a largo plazo menos el efectivo y otros medios l\u00edquidos equivalentes.</span><span class=\"f charStyle-f47c836a ps1394_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1291_1\" style=\"width:442.03pt\">\u00a0 \u00a0  La conciliaci\u00f3n de este indicador con los diferentes ep\u00edgrafes del Balance consolidado para los ejercicios </span><span class=\"f charStyle-f47c836a ps1402_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1403\" style=\"width:10.17pt\"> y </span><span class=\"f charStyle-f47c836a ps1404_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1405\" style=\"width:11.41pt\"> se</span><span class=\"f charStyle-f47c836a ps1406_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:97.71pt\">muestra a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps1407\" style=\"width:2.71pt\"> </span></div><div class=\"ps1449_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1410 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-40b73844 ps14425\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-40b73844 ps14978\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Obligaciones y otros valores negociables (no corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1414 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1045\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1416 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps2485\">52.143</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Deudas con entidades de cr\u00e9dito (no corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1418 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1417\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1420 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps1419\">769.022</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Obligaciones y otros valores negociables (corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1423_1 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps10910\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1424 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps2485\">11.242</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Deudas con entidades de cr\u00e9dito (corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1426 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1417\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1427 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps1419\">111.555</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Efectivo y otros medios l\u00edquidos equivalentes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1430_1 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1429_1\">(232.472)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps8242 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps10850\">(171.272)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4983 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-40b73844 ps1432\">Deuda Neta sin arrendamientos</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1435 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-40b73844 ps1434\">778.594</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1437 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-40b73844 ps1436\">772.690</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1255 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-fb61828c ps267\">Pasivos por arrendamiento</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1439 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-fb61828c ps9428\">1.422.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1441_1 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-fb61828c ps1440\">1.463.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11368 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-40b73844 ps1442_1\">Deuda Neta </span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1445_1 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-c9c26710 ps15881\">2.200.880</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1447_1 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-c9c26710 ps14329\">2.236.623</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1451_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">Ratio Deuda Neta sobre EBITDA: Indicador usado habitualmente por analistas financieros, inversores y otros grupos de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1452_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">inter\u00e9s relacionados con la Compa\u00f1\u00eda. Se obtiene como el ratio entre los compromisos de pago (Deuda Neta) y la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1453 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">capacidad de generaci\u00f3n de flujos netos de la operaci\u00f3n (EBITDA sin plusval\u00edas) de la Compa\u00f1\u00eda. Se presenta a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1454 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:215.79pt\">continuaci\u00f3n el c\u00e1lculo para el ejercicio 2025 y 2024:</span></div><div class=\"ps1469 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1410 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1457 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps2312\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Deuda Neta</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1414 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps10828\">2.200.880</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1460 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-934a7fa2 ps1459_1\">2.236.623</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">EBITDA sin plusval\u00edas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1418 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps1461_1\">544.746</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1463 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-934a7fa2 ps9218\">533.584</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps1464\">Deuda Neta sobre EBITDA</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1466_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps1955\">4,04</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1468_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps10824\">4,19</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">GAV (Gross Asset Value): La Compa\u00f1\u00eda realiza de forma peri\u00f3dica una valoraci\u00f3n de sus activos fijos no financieros por</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1471 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:107.76pt\">un experto independiente.</span></div><div class=\"ps1472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.23pt\">El Valor Bruto de Activo (o GAV, por sus siglas en ingl\u00e9s) es la suma agregada del resultado de dicha valoraci\u00f3n para</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1473 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.2pt\">todos los activos en propiedad del Grupo, y de los activos en propiedad de entidades asociadas y negocios conjuntos</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1475 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.11pt\">ponderado por el porcentaje de participaci\u00f3n del Grupo sobre dichas entidades. En la Nota 10 se desglosa el Valor Bruto</span><span class=\"f charStyle-f47c836a ps1474\" style=\"width:2.71pt\"> </span></div><div class=\"ps1476_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:310.03pt\">de Activo para ambos grupos de activos de acuerdo con la \u00faltima valoraci\u00f3n.</span></div><div class=\"ps1477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:132.56pt\">Estad\u00edsticos de gesti\u00f3n hotelera:</span></div><div class=\"ps1479_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">La industria hotelera utiliza unos estad\u00edsticos b\u00e1sicos para el an\u00e1lisis de la forma en que sus establecimientos hoteleros son</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1480 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.49pt\">capaces de generar ingresos y de c\u00f3mo \u00e9stos evolucionan en el tiempo.</span></div><div class=\"ps1481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los indicadores que se desglosan a continuaci\u00f3n afectan \u00fanicamente al negocio hotelero desglosado como segmento en la Nota</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1482_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:8.01pt\">6.</span></div><div class=\"ps1366 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">Tasa de Ocupaci\u00f3n: es el resultado en forma de porcentaje de dividir las habitaciones ocupadas entre las habitaciones</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1367_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">disponibles. Se entienden por habitaciones disponibles el n\u00famero de habitaciones f\u00edsicas multiplicado por el n\u00famero de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1483_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">d\u00edas que la habitaci\u00f3n ha estado en disposici\u00f3n de ser ocupada. Asimismo, las habitaciones ocupadas (vendidas) se</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1484_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:463.11pt\">calculan como el n\u00famero de d\u00edas que las habitaciones f\u00edsicas han sido efectivamente ocupadas durante el periodo.</span></div><div class=\"ps1485_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.26pt\">El indicador ofrece una medida del uso de la capacidad disponible de los hoteles y es usada por el equipo gestor para</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1486_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.12pt\">medir la demanda de un hotel o grupo de hoteles espec\u00edficos en un determinado periodo. Asimismo, tambi\u00e9n sirve para</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1487_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:420.1pt\">fijar la tarifa promedio por habitaci\u00f3n en funci\u00f3n de si la demanda de habitaciones aumenta o decrece.</span></div><div class=\"ps1488_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps221\">El detalle del c\u00e1lculo de la tasa de ocupaci\u00f3n de los hoteles explotados en r\u00e9gimen de alquiler y propiedad por el Grupo </span></div><div class=\"ps1493_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps221\">para los ejercicios </span><span class=\"f charStyle-f47c836a ps1489\">2025</span><span class=\"f charStyle-f47c836a ps1490\"> y </span><span class=\"f charStyle-f47c836a ps1491\">2024</span><span class=\"f charStyle-f47c836a ps1492\"> se muestra en el siguiente cuadro:</span></div><div class=\"ps1508_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1334\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:281.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(n\u00ba de habitaciones)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1494_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-f47c836a ps267\">Habitaciones disponibles</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1497_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps11268\">10.155.579</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14394 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps11268\">10.001.026</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-f47c836a ps267\">Habitaciones ocupadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1501_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1500\">7.155.501</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1502_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1500\">6.948.236</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-4ed8e3ec ps1503\">Tasa de ocupaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1506_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1505\">70,5%</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1507_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps1505\">69,5%</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.25pt\">ARR (Average room rate): El precio medio por habitaci\u00f3n se calcula dividiendo el total de ingresos por habitaci\u00f3n (ver</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">Nota 7.1) entre las habitaciones ocupadas. Mide el precio medio por habitaci\u00f3n alcanzado por un hotel en un</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">determinado periodo y proporciona una valiosa informaci\u00f3n relativa a din\u00e1micas de precios y naturaleza de los clientes</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">de un determinado hotel o grupo de hoteles. Es una m\u00e9trica utilizada ampliamente en la industria y por el equipo</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">gestor para evaluar los precios que la Compa\u00f1\u00eda es capaz de cobrar en funci\u00f3n del tipo de cliente. Asimismo, los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">cambios en la tarifa promedio por habitaci\u00f3n tienen un impacto diferente tanto en ingresos, como en la rentabilidad</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:460.88pt\">del negocio, de aquellos producidos en la tasa de ocupaci\u00f3n. El resultado del c\u00e1lculo del ARR para los ejercicios </span><span class=\"f charStyle-f47c836a ps1517\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps12002\" style=\"width:7.41pt\"> y</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1520\" style=\"width:14.55pt\"> es:</span></div><div class=\"ps1530_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(en miles)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1410 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps2312\">2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-934a7fa2 ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1524_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-f47c836a ps919\">1.255.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14394 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps1500\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-934a7fa2 ps267\">Habitaciones ocupadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1525_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-934a7fa2 ps919\">7.155.501</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1502_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps1500\">6.948.236</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps1526\">ARR (euros)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1528_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps1527\">175,46</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1507_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps1529\">171,93</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1532_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">RevPar (Revenue per available room): El ingreso por habitaci\u00f3n disponible es el resultado de dividir los ingresos totales</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1533_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">por habitaci\u00f3n (ver Nota 7.1) entre el n\u00famero de habitaciones disponibles. Es una m\u00e9trica importante para el equipo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.11pt\">gestor a la hora de evaluar el comportamiento del negocio, ya que est\u00e1 correlacionada con los dos indicadores</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1535_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">principales de las operaciones de un hotel o grupo de hoteles: la tasa de ocupaci\u00f3n y la tarifa promedio por habitaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1536_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">Asimismo, el RevPar se utiliza para medir y comparar el comportamiento en periodos comparables entre hoteles</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1537_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:38.93pt\">similares.</span></div><div class=\"ps1543_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:219.2pt\">El resultado del c\u00e1lculo del RevPar para los ejercicios </span><span class=\"f charStyle-f47c836a ps1538\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1539\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps1540\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1541\" style=\"width:14.55pt\"> es:</span><span class=\"f charStyle-f47c836a ps1542\" style=\"width:2.71pt\"> </span></div><div class=\"ps1548_1 ss0_2\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(en miles)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1410 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-4ed8e3ec ps2312\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1524_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-f47c836a ps1459_1\">1.255.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14394 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps10828\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-934a7fa2 ps267\">Habitaciones disponibles</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1525_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-f47c836a ps12454\">10.155.579</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1502_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1545\">10.001.026</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps1546\">RevPAR (euros)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1528_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-4ed8e3ec ps1527\">123,63</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1507_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1547\">119,45</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1550_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.92pt\">2.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1549\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:66.15pt\">Consolidaci\u00f3n</span></div><div class=\"ps1551_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dependientes</span></div><div class=\"ps1552_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Dependientes son todas las entidades sobre las que el Grupo ejerce un control efectivo, que generalmente viene acompa\u00f1ado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:263.26pt\">de una participaci\u00f3n superior a la mitad de los derechos de voto.</span></div><div class=\"ps1554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Adem\u00e1s del porcentaje de participaci\u00f3n, a la hora de evaluar si existe control sobre una entidad, el Grupo considera los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1555_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.84pt\">siguientes aspectos:</span></div><div class=\"ps1556_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:364.79pt\">Poder sobre la participada, otorg\u00e1ndole la capacidad de dirigir sus actividades relevantes.</span></div><div class=\"ps1557_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:347.94pt\">Derecho a los rendimientos variables procedentes de su implicaci\u00f3n en la participada.</span></div><div class=\"ps1558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:438.18pt\">Capacidad de utilizar su poder sobre la participada para influir en el importe de los rendimientos obtenidos.</span></div><div class=\"ps1559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Seg\u00fan el m\u00e9todo de la integraci\u00f3n global, los estados financieros de las entidades dependientes se consolidan a partir de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1561_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">fecha en que se transfiere el control al Grupo, y se excluyen de la consolidaci\u00f3n en la fecha en que cesa el mismo. Se eliminan</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:214.01pt\">en su totalidad los saldos y transacciones intragrupo.</span></div><div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Asociadas y Negocios conjuntos</span></div><div class=\"ps1564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asociadas son todas las entidades sobre las que el Grupo ejerce influencia significativa pero no tiene control. Generalmente,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">viene acompa\u00f1ado de un porcentaje de participaci\u00f3n que oscila entre el 20% y el 50% de los derechos de voto, y consiste en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.13pt\">poder de participar en las pol\u00edticas operativas y financieras de la participada.</span></div><div class=\"ps1567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Negocios conjuntos son acuerdos conjuntos en los que las partes que poseen el control conjunto de dicho acuerdo ostentan</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">derechos sobre los activos netos de \u00e9ste. En virtud de estos acuerdos, se requiere el consentimiento un\u00e1nime de todas las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.86pt\">partes que comparten el control.</span></div><div class=\"ps1570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las asociadas y negocios conjuntos se consolidan aplicando el m\u00e9todo de la participaci\u00f3n. Seg\u00fan este m\u00e9todo, el importe en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">libros de la inversi\u00f3n se reconoce inicialmente a coste, y se incrementa o disminuye para reconocer la participaci\u00f3n del Grupo</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en los resultados y en los ingresos y gasto reconocidos directamente en el patrimonio de la asociada o negocio conjunto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">despu\u00e9s de la fecha de adquisici\u00f3n. La inversi\u00f3n del Grupo en entidades asociadas y negocios conjuntos incluye el fondo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.81pt\">comercio identificado en la adquisici\u00f3n.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La participaci\u00f3n del Grupo en las p\u00e9rdidas o ganancias posteriores a la adquisici\u00f3n de sus entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">conjuntos se reconoce en el ep\u00edgrafe Resultado de entidades valoradas por el m\u00e9todo de la participaci\u00f3n de la Cuenta de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias consolidada, y su participaci\u00f3n en los movimientos en el otro resultado global se reconoce directamente</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:356.88pt\">en patrimonio neto, con el correspondiente ajuste del importe en libros de su inversi\u00f3n.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En los casos en que, como consecuencia de las p\u00e9rdidas acumuladas en que haya incurrido una asociada o negocio conjunto, su</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">patrimonio sea negativo, el Grupo a\u00f1ade el importe de cualquier otra partida que sea susceptible de ser considerada como</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mayor valor de la inversi\u00f3n neta hasta reducir dicha inversi\u00f3n a cero. A partir de entonces, la Compa\u00f1\u00eda tiene en cuenta las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">p\u00e9rdidas adicionales mediante reconocimiento de un pasivo s\u00f3lo en la medida en que incurre en obligaciones legales o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:360.25pt\">impl\u00edcitas, o bien haya efectuado pagos en nombre de la participada o negocio conjunto.</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En la actualidad, el Grupo no participa en operaciones conjuntas que deban ser integradas por el m\u00e9todo de la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.05pt\">proporcional.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.14pt\">Homogeneizaci\u00f3n temporal y valorativa</span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La totalidad de las sociedades dependientes incluidas en el per\u00edmetro de consolidaci\u00f3n cierran su ejercicio social el 31 de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:485.3pt\">diciembre, habi\u00e9ndose empleado a efectos del proceso de consolidaci\u00f3n las respectivas cuentas anuales del ejercicio </span><span class=\"f charStyle-f47c836a ps1583\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1584\" style=\"width:11.37pt\">, o</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en caso de no haber sido a\u00fan formuladas, los registros contables respectivos, una vez realizados los ajustes de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:357.67pt\">homogeneizaci\u00f3n valorativa a las NIIF adaptadas por la Uni\u00f3n Europea correspondientes.</span></div><div class=\"ps1588_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Combinaciones de negocios</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Si la combinaci\u00f3n de negocios se realiza por etapas, el importe en libros en la fecha de adquisici\u00f3n de la participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">patrimonio neto de la adquirida anteriormente mantenido por la adquirente se vuelve a valorar al valor razonable en la fecha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:494.38pt\">de adquisici\u00f3n; cualquier p\u00e9rdida o ganancia que surja de esta nueva valoraci\u00f3n se reconoce en el resultado del ejercicio.</span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En las combinaciones de negocios, el exceso entre el coste de la combinaci\u00f3n y la participaci\u00f3n de la entidad adquirente en el</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">valor razonable neto de los activos, pasivos y pasivos contingentes identificables as\u00ed recogidos, se presenta dentro del ep\u00edgrafe</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:179.41pt\">Fondo de comercio del Balance consolidado.</span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">En su caso, el exceso entre la participaci\u00f3n de la entidad adquirente despu\u00e9s de haber reconsiderado la identificaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">valoraci\u00f3n de los activos, pasivos y pasivos contingentes identificables y el coste de la combinaci\u00f3n de negocios se reconoce en</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.67pt\">el resultado del ejercicio.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En su primera adopci\u00f3n de las NIIF, el Grupo no aplic\u00f3 de forma retroactiva la NIIF 3 sobre combinaciones de negocios que</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ocurrieron antes de la fecha de transici\u00f3n, acogi\u00e9ndose a la exenci\u00f3n recogida en la NIIF 1 \u201cAdopci\u00f3n por primera vez de las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Normas Internacionales de Informaci\u00f3n Financiera\u201d, por lo tanto, los fondos de comercio existentes en normativa espa\u00f1ola al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">31 de diciembre de 2003, netos de la amortizaci\u00f3n acumulada hasta tal fecha, se imputaron a fondo de comercio dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.11pt\">ep\u00edgrafe de Activos intangibles</span><span class=\"f charStyle-f47c836a ps1602\" style=\"width:3.3pt\">.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Cambios de porcentaje de participaci\u00f3n en sociedades dependientes sin cambio de control</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Una vez que se obtiene el control, las operaciones posteriores en las que la sociedad dominante adquiere m\u00e1s participaciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">no dominantes o enajena participaciones sin perder el control, se contabilizan como transacciones con instrumentos de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:151.52pt\">patrimonio, de lo que se deduce que:</span></div><div class=\"ps1607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">Cualquier diferencia entre el importe por el que se ajustan las participaciones no dominantes y el valor razonable de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">contraprestaci\u00f3n pagada o recibida se reconoce directamente en el patrimonio neto consolidado y se atribuye a los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:157.97pt\">propietarios de la sociedad dominante.</span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">No se realiza ning\u00fan ajuste en el importe en libros del fondo de comercio ni se reconocen ganancias o p\u00e9rdidas en la</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1611_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:180.36pt\">Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:158.88pt\">Venta de participaciones controladoras</span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Cuando el Grupo deja de tener control en una entidad dependiente, la participaci\u00f3n retenida se registra a su valor razonable</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">en la fecha en que se pierde el control, reconoci\u00e9ndose la variaci\u00f3n del importe en libros en el resultado del ejercicio. En la</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1615_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">medida que se trate de una sociedad propietaria de un hotel, el resultado se reporta como Plusval\u00edas de inmovilizado en la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Cuenta de p\u00e9rdidas y ganancias consolidada (ver Nota 3.10). El valor razonable es el importe en libros inicial a efectos de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.73pt\">contabilizaci\u00f3n posterior de la participaci\u00f3n retenida como entidad asociada, negocio conjunto o activo financiero.</span></div><div class=\"ps1616_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:149.13pt\">P\u00e9rdida de la influencia significativa</span></div><div class=\"ps1617_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Si se deja de tener influencia significativa en la entidad asociada o negocio conjunto, el Grupo valora y reconoce la inversi\u00f3n</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1618_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">mantenida a su valor razonable. Cualquier diferencia entre el valor en libros de la entidad asociada en el momento de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">p\u00e9rdida de la influencia significativa y el valor razonable de la inversi\u00f3n mantenida m\u00e1s los productos de la venta se reconoce</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.6pt\">en la Cuenta de p\u00e9rdidas y ganancias consolidadas.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:146.35pt\">Eliminaci\u00f3n de operaciones internas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Se han eliminado los distintos saldos rec\u00edprocos por operaciones internas de pr\u00e9stamo, arrendamiento, dividendos, activos y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">pasivos financieros, compraventa de existencias e inmovilizado y prestaci\u00f3n de servicios. En relaci\u00f3n con las operaciones de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">compraventa, se ha retrocedido el margen de beneficio no realizado frente a terceros para mostrar los bienes</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:409.79pt\">correspondientes a su valor de coste, ajust\u00e1ndose consecuentemente las amortizaciones practicadas.</span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:123.54pt\">Participaciones no dominantes</span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Bajo este ep\u00edgrafe del Balance consolidado figura la parte proporcional del patrimonio que corresponda a las participaciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.06pt\">no dominantes del Grupo calculado de acuerdo a la NIIF 10.</span></div><div class=\"ps1624_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Resultado atribuido a participaciones no dominantes</span></div><div class=\"ps1625_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Es la participaci\u00f3n en los beneficios o p\u00e9rdidas consolidados del ejercicio que corresponde a las participaciones no</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1626_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:49.8pt\">dominantes.</span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Conversi\u00f3n de las cuentas anuales de las sociedades extranjeras</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">Todos los activos y pasivos de las sociedades cuya moneda funcional es distinta al euro y que se integran en la consolidaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.26pt\">se convierten a euros utilizando el tipo de cambio al cierre de cada ejercicio.</span></div><div class=\"ps1628_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las partidas de la Cuenta de p\u00e9rdidas y ganancias se han convertido a los tipos de cambio existentes en las fechas en las que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:191.45pt\">se realizaron las correspondientes operaciones.</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La diferencia entre el importe del patrimonio de las sociedades extranjeras, incluido el saldo de la Cuenta de p\u00e9rdidas y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ganancias calculado conforme al apartado anterior, convertidos al tipo de cambio hist\u00f3rico y la situaci\u00f3n patrimonial neta que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1632_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resulte de la conversi\u00f3n de los activos y pasivos conforme al primer p\u00e1rrafo, se registra con signo positivo o negativo, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1633_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">corresponda, en el patrimonio neto del Balance consolidado en la partida Diferencias de conversi\u00f3n, deducida la parte que de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">dicha diferencia corresponda a las participaciones no dominantes, que aparece en el ep\u00edgrafe Participaciones no dominantes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:182.93pt\">del patrimonio neto del Balance consolidado.</span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El fondo de comercio y los ajustes a valor razonable de las partidas del Balance que surgen en el momento de la toma de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">participaci\u00f3n de una entidad extranjera, son tratados como activos y pasivos de la entidad adquirida y, por tanto, se</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">convierten al tipo de cambio de cierre, reconoci\u00e9ndose las diferencias de cambio que surjan en la citada partida Diferencias</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:58.82pt\">de conversi\u00f3n.</span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En el momento de la enajenaci\u00f3n, total o parcial, o devoluci\u00f3n de aportaciones, de una sociedad cuya moneda funcional es</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">diferente al euro, las diferencias de conversi\u00f3n acumuladas desde el 1 de enero de 2004 (fecha de transici\u00f3n a NIIF)</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocidas en el patrimonio neto consolidado, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.91pt\">componente del beneficio o p\u00e9rdida de la enajenaci\u00f3n.</span></div><div class=\"ps1644_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Valoraciones y estimaciones contables</span></div><div class=\"ps1645_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En la preparaci\u00f3n de las cuentas anuales consolidadas del Grupo, los administradores de la sociedad dominante han tenido que</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1646_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">utilizar juicios, estimaciones y asunciones que afectan a la aplicaci\u00f3n de las pol\u00edticas contables descritas en la Nota 3 y a los</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">saldos de activos, pasivos, ingresos y gastos y al desglose de activos y pasivos contingentes a la fecha de emisi\u00f3n de las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1648_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:162.87pt\">presentes cuentas anuales consolidadas.</span></div><div class=\"ps1649_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las estimaciones y las asunciones relacionadas est\u00e1n basadas en la experiencia hist\u00f3rica y en otros factores diversos que son</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1650_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">entendidos como razonables y relevantes de acuerdo con las circunstancias, cuyos resultados constituyen la base para</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">establecer los juicios sobre el valor contable de los activos y pasivos que no son f\u00e1cilmente disponibles mediante otras</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1652_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">fuentes. Las estimaciones y asunciones respectivas son revisadas de forma continuada; los efectos de las revisiones de las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1653_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">estimaciones contables son reconocidos en el per\u00edodo en el cual se realizan, si \u00e9stas afectan s\u00f3lo a ese per\u00edodo, o en el</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1654_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">per\u00edodo de la revisi\u00f3n y futuros, si la revisi\u00f3n afecta a ambos. Sin embargo, la incertidumbre inherente a las estimaciones y</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asunciones podr\u00eda conducir a resultados que podr\u00edan requerir un ajuste de los valores contables de los activos y pasivos</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">afectados en el futuro.</span></div><div class=\"ps1655_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Las estimaciones realizadas se han detallado, en su caso, en cada una de las notas explicativas de los ep\u00edgrafes del Balance</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">consolidado. A continuaci\u00f3n, se explican las estimaciones y juicios que tienen un impacto m\u00e1s significativo en los importes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:433.53pt\">reconocidos en los estados financieros consolidados y que pueden suponer ajustes en los ejercicios futuros:</span></div><div class=\"ps1659_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:342.67pt\">P\u00e9rdida estimada por deterioro del fondo de comercio y otros activos no financieros</span><span class=\"f charStyle-8dfb1947 ps1658\" style=\"width:2.71pt\"> </span></div><div class=\"ps1660_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo comprueba anualmente si los fondos de comercio y otros activos inmovilizados han sufrido alguna p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1661_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">deterioro del valor, de acuerdo a lo indicado en las Notas 3.1, 3.2 y 3.11. Los importes recuperables de las unidades</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1662_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">generadoras de efectivo en arrendamiento y las no hoteleras a las que est\u00e1n asociados fondos de comercio se han determinado</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1663_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.18pt\">en base a c\u00e1lculos del valor en uso.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Por su parte, los importes recuperables de las unidades generadoras de efectivo en propiedad se han determinado en base a</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor razonable estimado en virtud de tasaciones realizadas por expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:293.22pt\">descuento de flujos de efectivo previstos procedentes de dichos activos.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Estos c\u00e1lculos se fundamentan en hip\u00f3tesis razonables en funci\u00f3n de los rendimientos pasados obtenidos y las expectativas de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:185.76pt\">producci\u00f3n y desarrollo del mercado a futuro.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No obstante, las proyecciones de flujos de efectivo contienen un elevado grado de incertidumbre debido a los efectos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">potenciales que tienen sobre la tasa de ocupaci\u00f3n y el precio medio de la habitaci\u00f3n factores tales como el contexto</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">geopol\u00edtico, la inflaci\u00f3n, o los riesgos medioambientales, entre otros aspectos, lo que podr\u00eda conducir a ajustes de los valores</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">contables de los activos de las unidades generadoras de efectivo en el futuro, particularmente de las de arrendamiento, dado</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:482.91pt\">el elevado margen existente entre el valor razonable y el valor en libros de la mayor parte de los activos en propiedad.</span><span class=\"f charStyle-f47c836a ps13795\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Impuestos sobre las ganancias</span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">El c\u00e1lculo del impuesto sobre las ganancias requiere interpretaciones de la normativa fiscal aplicable a todos los pa\u00edses en los</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">que est\u00e1n presentes las sociedades del Grupo. Adem\u00e1s, existen varios factores, ligados principal y no exclusivamente a los</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cambios e interpretaciones de las leyes fiscales actualmente en vigor, que requieren la realizaci\u00f3n de estimaciones por parte</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:183.54pt\">de los administradores de la sociedad matriz.</span></div><div class=\"ps1670_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Los administradores de la sociedad dominante tienen que realizar estimaciones significativas para determinar el importe de los</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1671_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">activos por impuesto diferido que se pueden registrar, teniendo en cuenta los importes y las fechas en las que se obtendr\u00e1n las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1673_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:380.29pt\">ganancias fiscales futuras y el periodo de reversi\u00f3n de las diferencias temporarias imponibles.</span><span class=\"f charStyle-f47c836a ps1672\" style=\"width:2.71pt\"> </span></div><div class=\"ps1674_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Cuando existe incertidumbre frente a los tratamientos del impuesto sobre las ganancias, el Grupo eval\u00faa si es probable que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">una autoridad tributaria acepte un tratamiento fiscal incierto. Si llega a la conclusi\u00f3n de que es\u00a0 probable que la autoridad</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">tributaria acepte un tratamiento fiscal incierto, se refleja el efecto de la incertidumbre sobre la ganancia (p\u00e9rdida) fiscal, las</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">bases fiscales, las p\u00e9rdidas o cr\u00e9ditos fiscales no utilizados o los tipos impositivos correspondientes. El efecto de la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1678_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">incertidumbre se refleja utilizando el m\u00e9todo que, en cada caso, mejor prefigure la resoluci\u00f3n de la incertidumbre: el importe</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">m\u00e1s probable o el valor esperado. Para cada caso, la Compa\u00f1\u00eda eval\u00faa si debe considerar cada tratamiento fiscal incierto por</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">separado, o conjuntamente con otro o varios otros tratamientos fiscales inciertos, en funci\u00f3n del planteamiento que mejor</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:176.96pt\">prefigure la resoluci\u00f3n de la incertidumbre.</span></div><div class=\"ps1682_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:464.71pt\">En la Nota 19 se incluyen los desgloses relacionados con las estimaciones relativas al impuesto sobre las ganancias.</span></div><div class=\"ps1683 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:221.71pt\">Valor razonable de instrumentos financieros derivados</span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El valor razonable de aquellos instrumentos financieros derivados que no se negocian en un mercado activo se determina</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">utilizando t\u00e9cnicas de valoraci\u00f3n, tal como se indica en la Nota 3.5. El Grupo utiliza su juicio para seleccionar una serie de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">m\u00e9todos y realiza hip\u00f3tesis que se basan principalmente en las condiciones del mercado existentes en la fecha de cada</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1684_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Balance consolidado. La mayor parte de estas valoraciones se obtienen de las entidades financieras con las que fueron</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1685_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:428.61pt\">contratados los instrumentos \u00f3 se determinan por referencia a valor razonable del activo del que derivan.</span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Valor razonable de inversiones inmobiliarias</span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">El Grupo ha optado por valorar las inversiones inmobiliarias seg\u00fan el modelo de valor razonable. La estimaci\u00f3n de este valor</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">razonable se realiza, en su mayor parte, en base a tasaciones realizadas por expertos independientes mediante t\u00e9cnicas de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">valoraci\u00f3n de descuento de flujos de efectivo previstos procedentes de dichos activos, as\u00ed como actualizaciones peri\u00f3dicas de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157.75pt\">la Compa\u00f1\u00eda en base a dichos estudios.</span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaciones post-empleo</span></div><div class=\"ps1687_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El coste de los planes de pensiones de prestaci\u00f3n definida se determina mediante valoraciones actuariales. Las valoraciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">actuariales requieren la utilizaci\u00f3n de hip\u00f3tesis sobre los tipos de descuento, la rentabilidad de los activos, los incrementos de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1688_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">los salarios, las tablas de mortalidad y rotaci\u00f3n, as\u00ed como sobre la edad de jubilaci\u00f3n de los empleados con derecho a estas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1689_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">prestaciones. Estas estimaciones est\u00e1n sujetas a incertidumbres significativas debido al largo plazo de liquidaci\u00f3n de estos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:29.13pt\">planes.</span></div><div class=\"ps1690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La valoraci\u00f3n de estas obligaciones ha sido calculada por expertos independientes de reconocido prestigio, mediante t\u00e9cnicas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1691_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:513.92pt\">de valoraci\u00f3n actuarial. En la Nota 16.2 se ofrecen detalles sobre las hip\u00f3tesis utilizadas para el c\u00e1lculo de estos compromisos.</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Inflaci\u00f3n y tipo de cambio a aplicar en la consolidaci\u00f3n de filiales venezolanas y argentinas</span></div><div class=\"ps1692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En octubre de 2021, Venezuela sustituy\u00f3 al Bol\u00edvar soberano (VES), aplicado hasta ese momento, por el Bol\u00edvar digital (VED),</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1693_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.23pt\">dividiendo el valor de la nueva moneda por 1.000.000 (1VED=1.000.000 VES).</span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Sin embargo, desde el ejercicio 2017, y debido a que contin\u00faa la compleja situaci\u00f3n econ\u00f3mica y pol\u00edtica que atraviesa el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">pa\u00eds, la Compa\u00f1\u00eda considera que los distintos tipos de cambio oficiales no reflejan la realidad econ\u00f3mica del pa\u00eds y, por tanto,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1694_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tom\u00f3 la decisi\u00f3n de estimar internamente el tipo de cambio m\u00e1s apropiado para la integraci\u00f3n de los estados financieros de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1696_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:96.75pt\">sus filiales venezolanas.</span><span class=\"f charStyle-f47c836a ps1695\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Este tipo de cambio estimado, basado en la fuerte inflaci\u00f3n a la que est\u00e1n sometidos los precios de los bienes y servicios del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">pa\u00eds, se ha calculado en base al \u00faltimo tipo de cambio oficial de 2014, actualizado por la inflaci\u00f3n correspondiente en cada</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:123.12pt\">ejercicio a partir de entonces.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.81pt\">La inflaci\u00f3n considerada para este c\u00e1lculo en el ejercicio </span><span class=\"f charStyle-f47c836a ps1697\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1698\" style=\"width:134.16pt\"> ha sido de 380,38%, 98,84% en </span><span class=\"f charStyle-f47c836a ps1699_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1700_1\" style=\"width:101.81pt\">, ambas estimaciones en</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">base a estudios de expertos independientes. El Banco Central de Venezuela no ha publicado cifras de inflaci\u00f3n interanual para</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:509.01pt\">El Grupo ha evaluado los impactos de la inflaci\u00f3n en su filial argentina, concluyendo que no son significativos (ver Nota 3.14).</span><span class=\"f charStyle-f47c836a ps1703_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:506.6pt\">El Grupo continuar\u00e1 evaluando la situaci\u00f3n pol\u00edtica y econ\u00f3mica de ambos pa\u00edses, para adoptar cualquier modificaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1704_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.42pt\">tipo de cambio que le resultase aplicable para la consolidaci\u00f3n de sus dependientes venezolanas y argentinas.</span></div><div class=\"ps1706 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Estados de flujos de efectivo</span></div><div class=\"ps1707 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El Estado de flujos de efectivo consolidado recoge los movimientos de tesorer\u00eda realizados durante el ejercicio, calculados por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">el m\u00e9todo indirecto. En el estado de flujos de efectivo consolidado se utilizan las siguientes expresiones en el sentido que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:88.53pt\">figura a continuaci\u00f3n:</span></div><div class=\"ps1709 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">Flujos de efectivo: Entradas y salidas de efectivo o de otros activos l\u00edquidos equivalentes, entendiendo por \u00e9stos las</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:387.6pt\">inversiones a plazo inferior a 3 meses de gran liquidez y bajo riesgo de alteraciones en su valor.</span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">Actividades de explotaci\u00f3n: Son las actividades que constituyen la principal fuente de ingresos ordinarios del Grupo, as\u00ed</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:353.35pt\">como otras actividades que no puedan ser calificadas como de inversi\u00f3n o financiaci\u00f3n.</span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.13pt\">Actividades de inversi\u00f3n: Las de adquisici\u00f3n, enajenaci\u00f3n o disposici\u00f3n por otros medios de activos a largo plazo y otras</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:232.8pt\">inversiones no incluidas en el efectivo y sus equivalentes.</span></div><div class=\"ps1710 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Actividades de financiaci\u00f3n: Actividades que producen cambios en el tama\u00f1o y composici\u00f3n del patrimonio neto y de los</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:124.55pt\">pasivos de car\u00e1cter financiero.</span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los flujos de las actividades de explotaci\u00f3n incluyen la parte correspondiente a las plusval\u00edas generadas por la actividad de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">rotaci\u00f3n de activos, si se realizan operaciones en el ejercicio, mientras que la parte correspondiente al valor neto contable de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.5pt\">los activos enajenados se registra en el ep\u00edgrafe de Actividades de inversi\u00f3n.</span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">En cuanto a los pagos por arrendamientos, se separa el importe total de los flujos de caja pagados en cada ejercicio entre el</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">principal (presentado dentro de actividades de financiaci\u00f3n) y los intereses (presentados asimismo dentro de actividades de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:55.49pt\">financiaci\u00f3n).</span></div><div class=\"ps1715 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 3.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps1714_1\"><span style=\"display:inline-block;height:11.34pt;width:1.6pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Pol\u00edticas Contables</span></div><div class=\"ps1717 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1716_1\"><span style=\"display:inline-block;height:6.8pt;width:5.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Activos intangibles</span></div><div class=\"ps1718 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Fondo de comercio </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El fondo de comercio generado en la consolidaci\u00f3n representa la diferencia entre el precio de adquisici\u00f3n de las sociedades</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1720 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">dependientes, consolidadas por el m\u00e9todo de integraci\u00f3n global, y la participaci\u00f3n del Grupo en el valor de mercado de los</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1721 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.98pt\">elementos que componen los activos y pasivos identificables de las sociedades dependientes.</span></div><div class=\"ps1722 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Los fondos de comercio generados en adquisiciones anteriores a la fecha de transici\u00f3n a las NIIF se mantienen en el Balance</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1723 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:497.13pt\">consolidado por el valor neto registrado a 31 de diciembre de 2003, netos de su deterioro correspondiente si fuera el caso.</span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los fondos de comercio no se amortizan. En su lugar, son revisados anualmente mediante estudios para verificar que no exista</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">deterioro del valor asignado inicialmente, reconoci\u00e9ndose p\u00e9rdidas por el deterioro de valor si el valor recuperable,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">determinado en base al valor actual de los flujos futuros esperados de las unidades generadoras de efectivo asociadas a cada</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1725_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">uno de los fondos de comercio y descontados a una tasa que considera los riesgos espec\u00edficos de cada una de dichas unidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">generadoras, es inferior al valor asignado inicialmente. Una vez reconocida la p\u00e9rdida por deterioro de un fondo de comercio,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">\u00e9sta no revierte en los ejercicios futuros. Estas valoraciones son realizadas de forma interna y se ofrecen detalles sobre su</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1728 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.52pt\">c\u00e1lculo en la Nota 9.</span></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros activos intangibles</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El resto de los activos intangibles corresponde a diversas aplicaciones inform\u00e1ticas, as\u00ed como derechos de traspaso y propiedad</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:41.31pt\">industrial.</span></div><div class=\"ps1732_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las aplicaciones inform\u00e1ticas se encuentran valoradas a su precio de adquisici\u00f3n o coste de producci\u00f3n y se amortizan</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1734 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.28pt\">linealmente durante su vida \u00fatil estimada en un plazo entre 5 y 10 a\u00f1os. </span><span class=\"f charStyle-f47c836a ps1733\" style=\"width:204.34pt\">Los gastos relacionados con el mantenimiento de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.13pt\">programas inform\u00e1ticos se reconocen como gasto cuando se incurre en ellos.</span><span class=\"f charStyle-f47c836a ps1735\" style=\"width:2.71pt\"> </span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Dentro de este ep\u00edgrafe, se incluyen las inversiones en innovaci\u00f3n tecnol\u00f3gica en los que el Grupo ha incurrido para la</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">producci\u00f3n de programas inform\u00e1ticos \u00fanicos, identificables y controlados por el Grupo y que, adem\u00e1s, cumplen las siguientes</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.33pt\">condiciones:</span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">T\u00e9cnicamente, es posible completar la producci\u00f3n del activo intangible de forma que pueda estar disponible para su</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:78pt\">utilizaci\u00f3n o venta.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:361.87pt\">La Compa\u00f1\u00eda tiene la intenci\u00f3n de completar el activo intangible, para usarlo o venderlo.</span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:292.18pt\">La Compa\u00f1\u00eda tiene capacidad para utilizar o vender el activo intangible.</span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:478.74pt\">Se puede demostrar la forma en que el activo intangible vaya a generar probables beneficios econ\u00f3micos en el futuro.</span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">Existe disponibilidad de los adecuados recursos t\u00e9cnicos, financieros o de otro tipo, para completar el desarrollo y para</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:150.35pt\">utilizar o vender el activo intangible.</span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:403.09pt\">El desembolso atribuible al activo intangible durante su desarrollo puede valorarse de forma fiable.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los costes directamente atribuibles que se capitalizan como parte de los programas inform\u00e1ticos incluyen el coste social del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:345.41pt\">personal que desarrolla los programas y un porcentaje adecuado de gastos generales.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Los derechos de traspaso corresponden, principalmente, a los costes de adquisici\u00f3n de los derechos de explotaci\u00f3n y gesti\u00f3n</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.06pt\">de diversos hoteles y se amortizan linealmente durante el tiempo de duraci\u00f3n de los contratos vinculados a estos derechos.</span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las inversiones realizadas en marcas, que se contabilizan inicialmente a coste de adquisici\u00f3n, no se amortizan al estimarse su</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1738 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">vida \u00fatil indefinida. La amortizaci\u00f3n del resto de elementos recogidos en propiedad industrial es lineal por un periodo de cinco</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:21.39pt\">a\u00f1os.</span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cada cierre de ejercicio el Grupo eval\u00faa si existe alg\u00fan indicio de deterioro de valor de este este tipo de activos,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:502.63pt\">estim\u00e1ndose el valor recuperable de los mismos en caso de que as\u00ed fuera conforme a la metodolog\u00eda descrita en la Nota 3.2.</span></div><div class=\"ps1742 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1249_1\"><span style=\"display:inline-block;height:6.8pt;width:4.11pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Inmovilizado material</span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Se contabilizan al coste de adquisici\u00f3n, incluyendo costes de transacci\u00f3n, m\u00e1s costes financieros directamente atribuibles a la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">adquisici\u00f3n, construcci\u00f3n y reforma, que se producen hasta la puesta en condiciones de funcionamiento del bien, si los</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">hubiera, minorado por la amortizaci\u00f3n acumulada y cualquier p\u00e9rdida por deterioro de su valor conforme a lo descrito en esta</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1743_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:22.14pt\">Nota.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las reparaciones que no representan una ampliaci\u00f3n de la vida \u00fatil o de la capacidad productiva del activo y los gastos de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mantenimiento son cargados directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada. Los costes de ampliaci\u00f3n o mejora</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que dan lugar a una mayor duraci\u00f3n del bien, o cuando los mismos s\u00f3lo se pueden utilizar junto con el elemento del</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.47pt\">inmovilizado, son capitalizados como mayor valor del mismo.</span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El Grupo amortiza su inmovilizado material linealmente, distribuyendo el coste de los activos entre los a\u00f1os de vida \u00fatil</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.28pt\">estimada, seg\u00fan el siguiente detalle:</span></div><div class=\"ps1758_1 ss0_2\"><div class=\"ss90_1 ws0 ps1757_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-8b2dbd07 ps267\">Construcciones</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3503 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">40-50 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Instalaciones t\u00e9cnicas</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1749_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">15-18 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Maquinaria</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1750_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">10-18 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Mobiliario</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1751_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">10-15 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Equipos Inform\u00e1ticos</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1753 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2019\">3-8 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Elementos de transporte</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1755 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2748\">5-10 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Otro Inmovilizado</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1756_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2019\">4-8 a\u00f1os</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1759 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha amortizaci\u00f3n, no obstante, es ajustada para aquellos activos asociados a contratos de arrendamiento, amortiz\u00e1ndose los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1760_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.62pt\">mismos durante el per\u00edodo m\u00e1s corto entre la vida \u00fatil del activo y la duraci\u00f3n de dicho contrato de arrendamiento.</span></div><div class=\"ps1761 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La vida \u00fatil y el valor residual de los activos materiales se revisa en la fecha de cada Balance consolidado, considerando</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1762_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">espec\u00edficamente si los riesgos relacionados con el clima requieren un cambio en la vida \u00fatil y el valor residual de los activos.</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1763 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los terrenos no est\u00e1n sometidos a amortizaci\u00f3n sistem\u00e1tica, al considerarse de vida \u00fatil indefinida, aunque s\u00ed se someten a</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1764 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.86pt\">pruebas de deterioro.</span></div><div class=\"ps1765_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El ep\u00edgrafe de Otro inmovilizado incluye tambi\u00e9n el importe del inventario de reposiciones valoradas por su coste de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">realizaci\u00f3n, aplic\u00e1ndose como bajas las roturas y faltas del per\u00edodo, cuyo coste se registra en el ep\u00edgrafe de \"Otros gastos de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.59pt\">explotaci\u00f3n\" de la Cuenta de p\u00e9rdidas y ganancias consolidada.</span><span class=\"f charStyle-f47c836a ps1767_1\" style=\"width:5.42pt\">\u00a0 </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro de valor del activo material e intangible</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">La Compa\u00f1\u00eda eval\u00faa en cada cierre de ejercicio si hay indicios de que los activos puedan estar deteriorados. Si existe alg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.42pt\">indicio, se realiza una estimaci\u00f3n del importe recuperable del activo. </span><span class=\"f charStyle-f47c836a ps1774\" style=\"width:231.04pt\">El importe recuperable de un activo o unidad generadora</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de efectivo es el mayor entre el valor razonable menos los costes de venta del activo o unidad generadora de efectivo y su</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor en uso, y se determina para cada activo individualmente, a menos que el activo no genere entradas de efectivo que sean</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:252.43pt\">independientes de las de otro activo o grupo de activos. </span><span class=\"f charStyle-f47c836a ps1775_1\" style=\"width:263.04pt\">Peri\u00f3dicamente, el Grupo obtiene valoraciones realizadas por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">expertos independientes del valor razonable de sus activos hoteleros en propiedad, tanto explotados por la Compa\u00f1\u00eda como</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">arrendados a terceros, as\u00ed como determinados hoteles en arrendamiento. Dichas valoraciones son completadas por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.27pt\">valoraciones realizadas internamente.</span><span class=\"f charStyle-f47c836a ps1776\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A la hora de determinar el valor de los activos, el criterio de valoraci\u00f3n m\u00e1s utilizado por los expertos es el descuento de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">flujos de caja, dado que generalmente las inversiones hoteleras son valoradas en funci\u00f3n de los ingresos futuros potenciales.</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En determinados casos, se utilizan otros m\u00e9todos de valoraci\u00f3n como el m\u00e9todo de los comparables o el del valor residual.</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.37pt\">Este \u00faltimo m\u00e9todo se utiliza principalmente a la hora de valorar solares y parcelas de terreno.</span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En cada cierre de los ejercicios en los que no se obtienen valoraciones de expertos independientes, el Grupo eval\u00faa si hay</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:277.55pt\">indicios de que sus activos materiales puedan estar deteriorados. </span><span class=\"f charStyle-f47c836a ps1781_1\" style=\"width:238.06pt\">Para los hoteles en propiedad, el Grupo considera si hay</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">indicios de deterioro en base, principalmente, al resultado de explotaci\u00f3n de las diferentes unidades generadoras de efectivo,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">as\u00ed como a fuentes de informaci\u00f3n externa observables que pongan de manifiesto que el valor del activo ha disminuido durante</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">el periodo significativamente m\u00e1s que lo que cabr\u00eda esperar como consecuencia del paso del tiempo o de su uso normal,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1783 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">debido a cambios que puedan haber acontecido en el entorno en el que opera el hotel. Adem\u00e1s, se toman en consideraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1784 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">otros factores como las circunstancias geopol\u00edticas, coyunturas econ\u00f3micas o desastres naturales que pudieran afectar al valor</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1785 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.48pt\">recuperable de estos activos.</span></div><div class=\"ps1786 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Si existe alg\u00fan indicio, o cuando se requiere una prueba anual de deterioro, el Grupo realiza una estimaci\u00f3n del importe</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1787 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">recuperable del activo tomando como base la metodolog\u00eda utilizada en la \u00faltima valoraci\u00f3n del experto independiente para el</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1789_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.67pt\">correspondiente activo o unidad generadora de efectivo.</span><span class=\"f charStyle-f47c836a ps1788\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1180 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:189.28pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1790_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1791_1\" style=\"width:307.39pt\">, y aplicando hip\u00f3tesis de crecimiento consistentes con el mercado en que</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1792 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo de 10 a\u00f1os, estimando un valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">residual de acuerdo a una tasa de crecimiento a largo plazo no superior al crecimiento esperado de la econom\u00eda y del sector</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">donde opera el activo. En el caso de los activos en arrendamiento, los flujos de efectivo se proyectan durante la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estimada del arrendamiento, conforme se describe en la Nota 3.11. Los flujos futuros de efectivo estimados se descuentan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">utilizando una tasa de descuento antes de impuestos que refleje la evoluci\u00f3n del valor del dinero en el tiempo en el mercado</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">actual y los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros de efectivo estimados,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos significativos que</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:81.87pt\">pudieran afectarles.</span><span class=\"f charStyle-f47c836a ps1799_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1801 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Cuando el valor en libros de un activo excede su importe recuperable, el activo se considera deteriorado y se reduce su valor</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">en libros hasta su importe recuperable. Las p\u00e9rdidas por deterioro de las actividades que contin\u00faan se reconocen en la Cuenta</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:431.03pt\">de p\u00e9rdidas y ganancias consolidada en la categor\u00eda de gasto acorde con la funci\u00f3n del activo deteriorado.</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En cada cierre de ejercicio se realiza una evaluaci\u00f3n de si existen indicios de que las p\u00e9rdidas por deterioro reconocidas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">previamente han desaparecido o disminuido. Si existen estos indicios, se estima el valor recuperable. Una p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">deterioro reconocida anteriormente se revierte s\u00f3lo si se ha producido un cambio en las estimaciones utilizadas para</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">determinar el importe recuperable del activo desde que la \u00faltima p\u00e9rdida por deterioro fue reconocida. Si este es el caso, el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor en libros del activo se incrementa hasta su valor recuperable. Este incremento no puede exceder el valor en libros que se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">hubiese registrado, neto de amortizaci\u00f3n, de no haberse reconocido la p\u00e9rdida por deterioro para el activo en a\u00f1os anteriores.</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Esta reversi\u00f3n se reconoce en la Cuenta de p\u00e9rdidas y ganancias consolidada del periodo. Despu\u00e9s de esta reversi\u00f3n, el gasto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de amortizaci\u00f3n se ajusta en los siguientes periodos, para imputar el valor en libros revisado del activo, menos su valor</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:267.61pt\">residual, de forma sistem\u00e1tica a lo largo de la vida \u00fatil del activo.</span></div><div class=\"ps1805 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1804_1\"><span style=\"display:inline-block;height:6.8pt;width:4.12pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Inversiones inmobiliarias</span></div><div class=\"ps1689_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Se incluyen en este ep\u00edgrafe aquellas inversiones realizadas por el Grupo para obtener rentas de alquiler o plusval\u00edas, y que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:424.65pt\">generan flujos de efectivo independientes de los procedentes del resto de activos pose\u00eddos por el Grupo.</span></div><div class=\"ps1690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Con posterioridad al reconocimiento inicial realizado por el importe total de los costes asociados a la transacci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1691_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">adquisici\u00f3n del bien, el Grupo ha escogido la aplicaci\u00f3n del modelo de valor razonable, por lo que todas las inversiones</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1806 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">inmobiliarias se reconocen a valor razonable, incluy\u00e9ndose en los ep\u00edgrafes Otros gastos de explotaci\u00f3n y Plusval\u00edas de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1807 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">inmovilizado de la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio cualquier variaci\u00f3n del valor razonable, a la baja o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1808 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">al alza respectivamente que se produzca. En caso de enajenaci\u00f3n de inversiones inmobiliarias la diferencia entre el valor</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1809 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">razonable de la contraprestaci\u00f3n acordada y el valor en libros se incluir\u00e1 en el ep\u00edgrafe Plusval\u00edas de inmovilizado de la Cuenta</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1732_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.27pt\">de p\u00e9rdidas y ganancias consolidada.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Al final de cada ejercicio, el Grupo actualiza su evaluaci\u00f3n del valor razonable de cada inmueble, bien mediante la valoraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">realizada por un experto independiente, bien contrastando con informaci\u00f3n actualizada las principales variables utilizadas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">la \u00faltima valoraci\u00f3n disponible realizada por el experto. La mejor evidencia del valor razonable son los precios actuales en un</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">mercado activo para inmuebles similares. Cuando tal informaci\u00f3n no se encuentra disponible, se proyectan los flujos de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">efectivo futuros descontados, partiendo del presupuesto aprobado por los \u00f3rganos de gobierno de la Compa\u00f1\u00eda para el</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.16pt\">siguiente ejercicio, y aplicando hip\u00f3tesis de crecimiento consistentes con el mercado en el que opera dicho activo.</span></div><div class=\"ps1812 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">3.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:178.59pt\">Informaci\u00f3n financiera por segmentos</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">La informaci\u00f3n sobre los segmentos de explotaci\u00f3n se presenta de acuerdo con la informaci\u00f3n interna que se suministra a la</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">m\u00e1xima autoridad en la toma de decisiones. Se ha identificado como la m\u00e1xima autoridad en la toma de decisiones, que es</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">responsable de asignar los recursos y evaluar el rendimiento de los segmentos de explotaci\u00f3n, al Senior Executive Team (SET)</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">o Comit\u00e9 de Direcci\u00f3n. El SET es un \u00f3rgano colegiado, formado por los Chief Officers de cada Direcci\u00f3n General y el CEO (Chief</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:76.41pt\">Executive Officer).</span></div><div class=\"ps1814 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1813_1\"><span style=\"display:inline-block;height:6.8pt;width:4.35pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Instrumentos Financieros</span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El Grupo reconoce un activo financiero o un pasivo financiero en su Balance consolidado cuando se convierte en parte de las</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1815 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:212.77pt\">cl\u00e1usulas contractuales del instrumento en cuesti\u00f3n.</span></div><div class=\"ps1816 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Activos financieros</span></div><div class=\"ps1817 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los activos financieros dentro del alcance de la NIIF 9 se clasifican seg\u00fan los criterios de valoraci\u00f3n como activos financieros a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1818 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">coste amortizado, activos financieros a valor razonable con cambios en otro resultado global, y activos financieros a valor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1819 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">razonable con cambios en resultados. La clasificaci\u00f3n dentro de una u otra categor\u00eda depender\u00e1 de las caracter\u00edsticas de los</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:503.03pt\">flujos de efectivo contractuales del activo financiero y del modelo de negocio de la Compa\u00f1\u00eda para gestionar dichos activos.</span></div><div class=\"ps1242_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Inicialmente, los activos financieros se valoran a valor razonable, excepto en el caso de las cuentas a cobrar comerciales, que</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1243 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.95pt\">se valorar\u00e1n a su precio de transacci\u00f3n en caso de que no tengan un componente financiero significativo.</span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Activos financieros a coste amortizado</span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dentro de esta clasificaci\u00f3n se incluyen los importes considerados en el ep\u00edgrafe de Deudores comerciales y otras cuentas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cobrar y todos los derechos de cobro incluidos en los ep\u00edgrafes de Otros activos financieros no corrientes y Otros activos</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:91.01pt\">financieros corrientes.</span><span class=\"f charStyle-f47c836a ps1821_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dichos activos se contabilizan posteriormente a coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo. Las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ganancias y p\u00e9rdidas se reconocen en resultados cuando los pr\u00e9stamos y partidas a cobrar se dan de baja en contabilidad o</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.16pt\">pierden valor por deterioro.</span></div><div class=\"ps1822_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los dep\u00f3sitos y fianzas no corrientes se valoran al coste amortizado usando el m\u00e9todo del tipo de inter\u00e9s efectivo, si bien no</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.09pt\">se descuentan por considerar que el efecto de la actualizaci\u00f3n no ser\u00eda significativo.</span></div><div class=\"ps1824 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Este tipo de activos se mantienen con el objetivo de obtener flujos de efectivo contractuales y dan lugar \u00fanicamente a pagos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.51pt\">de principal e intereses sobre el importe de principal pendiente.</span></div><div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:258.86pt\">Activos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1826 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Los activos financieros a valor razonable con cambios en resultados incluyen activos financieros mantenidos para su</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1827 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">negociaci\u00f3n y que se adquieren con el prop\u00f3sito de venderse, principalmente, en el corto plazo, as\u00ed como instrumentos de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1828 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.18pt\">patrimonio no cotizados de entidades sobre las que no se tiene control ni influencia significativa.</span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:179.69pt\">Deterioro de valor de los activos financieros</span></div><div class=\"ps1829 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La Compa\u00f1\u00eda aplica un enfoque simplificado en el c\u00e1lculo de las p\u00e9rdidas crediticias esperadas de los activos financieros a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1830 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">coste amortizado, reconociendo en cada fecha de cierre, en su caso, una correcci\u00f3n de valor por las p\u00e9rdidas crediticias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1831 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">esperadas durante toda la vida del activo. Para ello, el Grupo ha establecido una matriz de provisiones que se basa en su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.3pt\">historial de p\u00e9rdidas crediticias, ajustada por factores prospectivos espec\u00edficos para dichos activos.</span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Debido a las caracter\u00edsticas del principal sector donde opera la Compa\u00f1\u00eda, los clientes del segmento hotelero tienen un riesgo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1835 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">de insolvencia m\u00ednimo.</span><span class=\"f charStyle-f47c836a ps1834_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En relaci\u00f3n a los clientes del club vacacional, la Compa\u00f1\u00eda puede proceder a la rescisi\u00f3n de los contratos, por lo que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impacto de la cancelaci\u00f3n de dicha cuenta a cobrar implicar\u00eda tambi\u00e9n la baja en cuentas de las obligaciones pendientes de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.5pt\">ejecuci\u00f3n.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Pasivos Financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los pasivos financieros dentro del alcance de la NIIF 9 se clasifican seg\u00fan los criterios de valoraci\u00f3n como pasivos financieros</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">valorados a coste amortizado, pasivos financieros a valor razonable con cambios a resultados y pasivos financieros a valor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">razonable con cambios en otro resultado global. Estos pasivos se reconocen inicialmente a su valor razonable, ajustado por los</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">costes de transacci\u00f3n que le sean directamente imputables. Todos los pasivos financieros no derivados del Grupo se incluyen</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.96pt\">dentro de la clasificaci\u00f3n de Pasivos financieros valorados a coste amortizado.</span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.16pt\">Los gastos financieros derivados de pasivos financieros se registran en funci\u00f3n de su devengo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:415.32pt\">El Grupo da de baja los pasivos financieros cuando se extinguen las obligaciones que los han generado.</span></div><div class=\"ps1840 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Emisi\u00f3n de obligaciones y otros valores negociables</span></div><div class=\"ps1841 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las emisiones de deuda se registran inicialmente por el valor razonable de la contraprestaci\u00f3n recibida, deducidos los costes</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">directamente atribuibles a la transacci\u00f3n. Posteriormente, se valoran a coste amortizado utilizando el m\u00e9todo del tipo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">inter\u00e9s efectivo. Los bonos con un vencimiento superior a doce meses se clasifican en el pasivo no corriente, los que tienen</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:222.08pt\">vencimiento inferior se reflejan en el pasivo corriente.</span><span class=\"f charStyle-f47c836a ps1844_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1845 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.75pt\">Pr\u00e9stamos con rendimientos financieros</span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los pr\u00e9stamos se reconocen inicialmente por su coste, que es el valor razonable de la contraprestaci\u00f3n recibida, neto de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.89pt\">costes de emisi\u00f3n y descuento o prima de liquidaci\u00f3n asociados al endeudamiento.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Posteriormente al reconocimiento inicial, los pr\u00e9stamos y cr\u00e9ditos con rendimiento de intereses son valorados a su coste</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:245.87pt\">amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:187.12pt\">Pr\u00e9stamos y cr\u00e9ditos con entidades de cr\u00e9dito</span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Los pr\u00e9stamos se registran inicialmente por el efectivo recibido, neto de los costes incurridos en la transacci\u00f3n. En periodos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.09pt\">posteriores, se valoran a su coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1850 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Acreedores comerciales y otras cuentas a pagar</span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las cuentas a pagar originadas por operaciones de tr\u00e1fico se registran a valor razonable y posteriormente son valoradas a coste</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.81pt\">amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:387.1pt\">Se incluye m\u00e9todo de valoraci\u00f3n y pol\u00edticas contable sobre este tipo de pasivos en la Nota 3.11.</span></div><div class=\"ps1851 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros a coste amortizado</span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El resto de pasivos financieros que responden a obligaciones de pago detalladas en la Nota 13 de la memoria, se valoran por el</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1852 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">mismo criterio del coste amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo. No obstante, aquellos con vencimiento a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1853 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">corto plazo y que no tengan un tipo de inter\u00e9s contractual se valoran por el importe nominal cuando el efecto de no actualizar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1854 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:167.69pt\">los flujos de efectivo no sea significativo.</span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-39bd9abe ps12591\" style=\"width:152.43pt\">Instrumentos Financieros Derivados</span></div><div class=\"ps1856 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los instrumentos financieros derivados se clasifican como activos o pasivos financieros a valor razonable con cambios en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1857 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resultados o como coberturas contables, correspondiendo \u00e9stas a activos o pasivos financieros a valor razonable con cambios</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1858 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en otro resultado global. En ambos casos, los instrumentos financieros derivados son registrados inicialmente por su valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1859 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">razonable a la fecha en que se contrata el derivado y, peri\u00f3dicamente se ajusta dicho valor razonable. Los derivados se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1860 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">contabilizan como activos, en la l\u00ednea de Otros activos financieros, cuando el valor razonable es positivo y como pasivos, en el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1861 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ep\u00edgrafe de Otros pasivos financieros, cuando el valor razonable es negativo. Se clasifican como corriente o no corriente</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1862 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:180.98pt\">atendiendo al calendario estimado de flujos.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:87.32pt\">Coberturas Contables</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda ha optado por seguir aplicando los requisitos sobre contabilidad de coberturas bajo NIC 39, en aplicaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:109.31pt\">p\u00e1rrafo 7.2.21 de la NIIF 9.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Compa\u00f1\u00eda aplica contabilidad de coberturas en aquellas operaciones en las que se espera que la cobertura sea altamente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">eficaz, esto es, cuando los cambios en el valor razonable o en los flujos de efectivo de los elementos objeto de cobertura, se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">compensan con los cambios en el valor razonable o flujos de efectivo de los instrumentos de cobertura con una efectividad</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">comprendida entre un rango del 80% al 125%. Asimismo, en el momento de iniciar la cobertura, se documenta formalmente la</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.09pt\">relaci\u00f3n entre el elemento cubierto y el instrumento financiero derivado designado a tal efecto.</span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El Grupo tiene contratadas varias permutas (o swaps) de tipos de inter\u00e9s clasificadas como coberturas de flujos de efectivo.</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las variaciones en el valor razonable de dichos instrumentos financieros derivados se reflejan en el patrimonio neto, en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">ep\u00edgrafe de Otros ajustes por cambios de valor, imput\u00e1ndose por la parte considerada como cobertura eficaz a la Cuenta de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">p\u00e9rdidas y ganancias consolidada en la medida en que tambi\u00e9n se liquida la partida cubierta. La contabilizaci\u00f3n del valor</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.2pt\">razonable se hace atendiendo a la fecha de negociaci\u00f3n.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El valor razonable de los swaps de tipos de inter\u00e9s se determina mediante la t\u00e9cnica de valoraci\u00f3n del descuento de flujos de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">acuerdo a las caracter\u00edsticas de cada contrato, tales como nominal y calendario de cobros y pagos. Los factores de descuento</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">para la obtenci\u00f3n de dicho valor se calculan en base a la curva de tipos cup\u00f3n cero obtenida a partir de los dep\u00f3sitos y tipos</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que cotizan en el mercado en la fecha de valoraci\u00f3n. El valor razonable resultante se ajusta por el riesgo de cr\u00e9dito propio y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de la contraparte, de acuerdo a la NIIF 13. Estos valores se obtienen de estudios realizados, normalmente por las entidades</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.2pt\">financieras con las que el Grupo tiene contratados estos instrumentos.</span><span class=\"f charStyle-f47c836a ps1866_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados que no califican para la contabilidad de coberturas</span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Cualquier p\u00e9rdida o ganancia proveniente de cambios en el valor razonable de los derivados que no cumplen los requisitos para</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1867 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ser considerados como instrumentos de cobertura se imputa directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">ejercicio. El valor razonable de estos instrumentos financieros derivados se obtiene en base a estudios realizados por expertos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1870_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.68pt\">independientes</span><span class=\"f charStyle-f47c836a ps1869\" style=\"width:3.3pt\">.</span></div><div class=\"ps1872_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.35pt\">3.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1871\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.91pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:328.55pt\">Existencias (comerciales, materias primas y otros aprovisionamientos)</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las materias primas y auxiliares se valoran a coste promedio de adquisici\u00f3n que, en general, es inferior al valor neto de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">realizaci\u00f3n, practic\u00e1ndose las correcciones valorativas para reflejar su valor estimado de realizaci\u00f3n en caso de ser inferior al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">coste. El precio de adquisici\u00f3n comprende el importe consignado en factura m\u00e1s todos los gastos adicionales que se producen</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">hasta que los bienes se hallan en el almac\u00e9n. El valor neto de realizaci\u00f3n representa el precio estimado de venta menos todos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.47pt\">los costes que se estiman que ser\u00e1n incurridos en los procesos de venta.</span></div><div class=\"ps1875_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Acciones propias</span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Las acciones propias se presentan minorando el patrimonio neto del Grupo, y se valoran por su precio de adquisici\u00f3n, sin</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.48pt\">efectuar correcci\u00f3n valorativa alguna.</span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:475.75pt\">Los beneficios y p\u00e9rdidas obtenidos en la enajenaci\u00f3n de estas acciones se registran directamente contra patrimonio.</span></div><div class=\"ps1879_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.8.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1878\"><span style=\"display:inline-block;height:6.8pt;width:3.66pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones oficiales</span></div><div class=\"ps1880_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las subvenciones oficiales se registran por su valor razonable cuando existe una seguridad de cumplimiento de las condiciones</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:353.57pt\">establecidas para la obtenci\u00f3n de las mismas, y de que se recibir\u00e1n tales subvenciones.</span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Cuando se trata de una subvenci\u00f3n relacionada con una corriente de gastos, \u00e9sta es llevada a resultados en los periodos</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1652_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:473.18pt\">necesarios para igualar la subvenci\u00f3n, seg\u00fan una base sistem\u00e1tica, a los gastos que \u00e9sta est\u00e1 destinada a compensar.</span></div><div class=\"ps1882_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Cuando la subvenci\u00f3n est\u00e1 relacionada con un activo, el valor razonable es reconocido como un ingreso diferido y es llevada a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1883_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:251.64pt\">resultados en funci\u00f3n de la vida \u00fatil esperada de dicho activo.</span></div><div class=\"ps1884_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.9.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1871\"><span style=\"display:inline-block;height:6.8pt;width:3.91pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Provisiones y contingencias</span></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Las provisiones son reconocidas en el momento en el que el Grupo:</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:376.66pt\">Tiene una obligaci\u00f3n presente, ya sea legal o impl\u00edcita, como resultado de un suceso pasado.</span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Es probable que tenga que desprenderse de recursos que incorporen beneficios econ\u00f3micos para cancelar tal</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:44.31pt\">obligaci\u00f3n.</span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:258.84pt\">Puede hacer una estimaci\u00f3n fiable del importe de la obligaci\u00f3n.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las provisiones se valoran por el valor actual de la mejor estimaci\u00f3n posible del importe necesario para cancelar o transferir a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un tercero la obligaci\u00f3n, registr\u00e1ndose los ajustes que surjan por la actualizaci\u00f3n de la provisi\u00f3n como un gasto financiero</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">conforme se van devengando. Cuando se trata de provisiones con vencimiento inferior o igual a un a\u00f1o, y el efecto financiero</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.23pt\">no es significativo, no se lleva a cabo ning\u00fan tipo de descuento.</span><span class=\"f charStyle-f47c836a ps1885\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Las provisiones se revisan a la fecha de cierre de cada Balance consolidado y son ajustadas con el objetivo de reflejar la mejor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">estimaci\u00f3n actual del pasivo correspondiente a dicha fecha, teniendo en cuenta los riesgos e incertidumbres relativos a la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:44.31pt\">obligaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps1886\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Por otra parte, se consideran pasivos contingentes aquellas posibles obligaciones, surgidas como consecuencia de sucesos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">pasados, cuya materializaci\u00f3n est\u00e1 condicionada a que ocurran eventos futuros que no est\u00e1n enteramente bajo el control del</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Grupo y aquellas obligaciones presentes, surgidas como consecuencia de sucesos pasados, para las que no es probable que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">haya una salida de recursos para su liquidaci\u00f3n o que no se pueden valorar con suficiente fiabilidad. Estos pasivos contingentes</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1887_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.07pt\">no son objeto de registro contable, detall\u00e1ndose los mismos en las notas de las cuentas consolidadas (ver Nota 21).</span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Prestaciones post-empleo</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los planes post-empleo se clasifican como planes de aportaciones definidas o como planes de prestaciones definidas.</span></div><div class=\"ps1888_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Planes de pensiones de aportaciones definidas</span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Un plan de aportaciones definidas es aquel bajo el cual el Grupo realiza contribuciones fijas a una entidad separada y no tiene</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ninguna obligaci\u00f3n legal, contractual o impl\u00edcita de realizar contribuciones adicionales si la entidad separada no dispusiese de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:240.56pt\">activos suficientes para atender los compromisos asumidos.</span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:361.93pt\">Las contribuciones se reconocen como prestaciones a los empleados cuando se devengan.</span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Planes de pensiones de prestaci\u00f3n definida</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los planes de pensiones que no tienen car\u00e1cter de aportaci\u00f3n definida se consideran de prestaci\u00f3n definida. Generalmente,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">los planes de prestaciones definidas establecen el importe de la prestaci\u00f3n que recibir\u00e1 el empleado en el momento de su</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.09pt\">jubilaci\u00f3n, normalmente en funci\u00f3n de uno o m\u00e1s factores como la edad, a\u00f1os de servicio y remuneraci\u00f3n.</span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo reconoce en el Balance consolidado una provisi\u00f3n respecto a los premios de prestaci\u00f3n definida establecidos en los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">convenios colectivos por la diferencia entre el valor actual de las retribuciones comprometidas y el valor razonable de los</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">eventuales activos afectos a los compromisos con que se liquidar\u00e1n las obligaciones, minorado, en su caso, por el importe de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.12pt\">los costes por servicios pasados no reconocidos todav\u00eda.</span></div><div class=\"ps1892 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Si de la diferencia anterior surge un activo, su valoraci\u00f3n no puede superar el valor actual de los beneficios econ\u00f3micos</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1893_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:444.14pt\">disponibles en forma de reembolsos procedentes del plan o reducciones en las aportaciones futuras al mismo.</span></div><div class=\"ps1258 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los costes por servicios pasados se reconocen inmediatamente en la Cuenta de p\u00e9rdidas y ganancias consolidada, excepto</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1894 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">cuando se trate de derechos revocables, en cuyo caso, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada de forma</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:372.07pt\">lineal en el per\u00edodo que resta hasta que los derechos por servicios pasados son irrevocables.</span><span class=\"f charStyle-f47c836a ps1895_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1896_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El valor actual de la obligaci\u00f3n se determina mediante m\u00e9todos actuariales de c\u00e1lculo e hip\u00f3tesis financieras y actuariales no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sesgadas y compatibles entre s\u00ed. La Compa\u00f1\u00eda reconoce, directamente en el Estado de resultado global consolidado, las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1897 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias derivadas de la variaci\u00f3n en el valor actual y, en su caso, de los activos afectos, por cambios en las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1898_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:213.18pt\">hip\u00f3tesis actuariales o de ajustes por la experiencia.</span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Determinados convenios colectivos vigentes aplicables a algunas compa\u00f1\u00edas del Grupo establecen que el personal fijo que opte<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">por extinguir su contrato con la Compa\u00f1\u00eda con un determinado n\u00famero de a\u00f1os vinculado a la misma percibir\u00e1 un premio en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">met\u00e1lico equivalente a un n\u00famero de mensualidades proporcional a los a\u00f1os trabajados. Durante el ejercicio se ha realizado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1611_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">una evaluaci\u00f3n de dichos compromisos de acuerdo con las hip\u00f3tesis actuariales del modelo de rotaci\u00f3n propio del Grupo,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1899_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">aplicando el m\u00e9todo de c\u00e1lculo conocido como cr\u00e9dito unitario proyectado e hip\u00f3tesis demogr\u00e1ficas correspondientes a las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:64.21pt\">tablas PER2020.</span><span class=\"f charStyle-f47c836a ps1900\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El saldo de provisiones, as\u00ed como la activaci\u00f3n de pagos por servicios futuros, cubren estos compromisos adquiridos, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:475.6pt\">estudio actuarial realizado por experto independiente. En la Nota 16.2 se ofrecen m\u00e1s detalles sobre esta valoraci\u00f3n.</span></div><div class=\"ps1904 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En lo que se refiere a los compromisos por pensiones y obligaciones estipulados en convenios colectivos afectados por la Orden</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1905 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Ministerial de 2 de noviembre de 2006, el Grupo ha realizado las exteriorizaciones correspondientes. Los activos afectos a</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1906_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:410.95pt\">estas operaciones de externalizaci\u00f3n se presentan minorando el saldo de los compromisos adquiridos.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.23pt\">3.10.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1907\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.77pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:130.62pt\">Reconocimiento de ingresos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los ingresos operativos derivados de los contratos con clientes se registran a medida que la Compa\u00f1\u00eda satisface las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:196.75pt\">obligaciones comprometidas con dichos clientes.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">A la hora de registrar dichos ingresos, se realiza el an\u00e1lisis de 5 etapas incluido en la NIIF 15, para la determinaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">importe y del momento de reconocimiento de ingresos para cada uno de los tipos de contratos con los clientes de sus</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:90.28pt\">segmentos operativos:</span></div><div class=\"ps1910_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Identificaci\u00f3n del contrato del cliente</span></div><div class=\"ps1911_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Identificaci\u00f3n de las obligaciones de desempe\u00f1o.</span></div><div class=\"ps1912_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Determinaci\u00f3n del precio de la transacci\u00f3n.</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Asignaci\u00f3n del precio a las distintas obligaciones de desempe\u00f1o.</span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Reconocimiento de ingresos seg\u00fan el cumplimiento de cada obligaci\u00f3n.</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Dichos ingresos se presentan netos de descuentos, devoluciones y del impuesto sobre el valor a\u00f1adido. El Grupo basa sus</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">estimaciones de devoluci\u00f3n en resultados hist\u00f3ricos, considerando el tipo de cliente, el tipo de transacci\u00f3n y las circunstancias</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1915_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:116.69pt\">espec\u00edficas de cada acuerdo.</span><span class=\"f charStyle-f47c836a ps1914\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Venta de habitaciones y otros servicios relacionados</span></div><div class=\"ps1916_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El ingreso procedente de la venta de habitaciones se reconoce diariamente en funci\u00f3n de los servicios prestados por cada</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1917 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">establecimiento hotelero, e incluyendo los clientes \u201cen casa\u201d, es decir, aquellos que todav\u00eda se hospedan en el hotel a la hora</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1918 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de cierre de la producci\u00f3n diaria. Para este tipo de contratos, se ha identificado como \u00fanica obligaci\u00f3n de ejecuci\u00f3n la del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1919 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:409.82pt\">propio servicio hotelero, que incluye la puesta a disposici\u00f3n de los clientes de la habitaci\u00f3n de hotel.</span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En los casos en que la tarifa hotelera incluye servicios de comida y bebida (desayuno, media pensi\u00f3n o pensi\u00f3n completa), se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1920 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">identifica una obligaci\u00f3n de ejecuci\u00f3n adicional, a la que se le asigna un precio diferenciado en base al enfoque del coste</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1921 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">esperado m\u00e1s un margen. Cabe mencionar que en los hoteles comercializados exclusivamente en r\u00e9gimen de todo incluido</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1922 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">(principalmente ubicados en Am\u00e9rica), no se considera un servicio diferenciado, aunque a efectos de desglose se asigna un</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.9pt\">porcentaje de la tarifa al concepto de \u201cingresos por comida y bebida\u201d.</span></div><div class=\"ps1248_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">En cualquier caso, las obligaciones de ejecuci\u00f3n comprometidas con los clientes de hotel se consideran satisfechas a lo largo</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">del tiempo, durante la estancia del cliente en el establecimiento, reconoci\u00e9ndose el Grupo el ingreso diario correspondiente a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.62pt\">los servicios consumidos por el cliente en tal fecha.</span></div><div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Dentro del segmento de negocio hotelero, la Compa\u00f1\u00eda gestiona el programa propio \u201cMeli\u00e1 Rewards\u201d de fidelizaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">clientes, que consiste en premiar a los clientes que consumen estancias en hoteles o servicios de entidades asociadas y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">negocios conjuntos, mediante una serie de puntos canjeables por premios como pueden ser, entre otros, estancias gratuitas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.79pt\">hoteles gestionados por el Grupo.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">En el caso de que el cliente hotelero sea socio del programa de fidelizaci\u00f3n y acumule puntos por sus estancias, se identifica</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">una obligaci\u00f3n de desempe\u00f1o diferenciada, a la cual se le asigna un importe en funci\u00f3n del valor razonable de dichos puntos, y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">que ser\u00e1 satisfecha en el momento en que el socio del programa haga uso de los puntos obtenidos, difiriendo hasta dicho</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1925 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">momento el reconocimiento de ingresos en la Cuenta de p\u00e9rdidas y ganancias consolidada del Grupo, por el importe asignado a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:68.67pt\">dicha obligaci\u00f3n.</span></div><div class=\"ps1926 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Adicionalmente, otros servicios prestados directamente por los hoteles, como el alquiler de salones, realizaci\u00f3n de eventos,</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1927 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">alquiler de locales comerciales a terceros, etc\u2026 se incluyen en el ep\u00edgrafe de \u201cIngresos otros negocios\u201d del cuadro incluido en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1722 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">la Nota 7.1 de la presente memoria consolidada y se reconocen en funci\u00f3n de la NIIF aplicable en el momento en que se presta</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1723 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:44.38pt\">el servicio.</span></div><div class=\"ps1928 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaci\u00f3n de servicios de gesti\u00f3n hotelera</span></div><div class=\"ps1929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En cuanto a los contratos con propietarios de hoteles para la gesti\u00f3n de sus establecimientos, son varias las obligaciones de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">desempe\u00f1o identificadas en cada uno de los contratos. La principal obligaci\u00f3n del Grupo en dichos contratos es la de prestar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">servicios de gesti\u00f3n hotelera para dichos establecimientos. La contraprestaci\u00f3n por estos servicios se establece como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">porcentaje sobre el importe de los ingresos totales y el Beneficio Bruto Operativo (GOP) generado por la gesti\u00f3n del Grupo.</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Mensualmente, la Compa\u00f1\u00eda reconoce los ingresos correspondientes en la Cuenta de p\u00e9rdidas y ganancias consolidada en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1932 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funci\u00f3n de cu\u00e1l ha sido la evoluci\u00f3n de ambas magnitudes para cada uno de los contratos de gesti\u00f3n hotelera, conforme a las</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.27pt\">condiciones contractuales fijadas en cada uno de ellos.</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las otras obligaciones de desempe\u00f1o diferenciadas en los contratos de gesti\u00f3n hotelera se corresponden con servicios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">relacionados con dicha actividad, como comisiones por reservas realizadas a trav\u00e9s de los canales propios del Grupo Meli\u00e1,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">servicios hoteleros centralizados en las sociedades gestoras del grupo, o licencias de uso de aplicaciones inform\u00e1ticas propias o</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">gestionadas centralizadamente. La Compa\u00f1\u00eda reconoce los ingresos procedentes de la prestaci\u00f3n de estos servicios a medida</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1933 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">que se satisfacen dichas obligaciones que, para el caso concreto de las comisiones por reservas, coincide con la estancia del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1934 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.56pt\">cliente en el hotel.</span></div><div class=\"ps1935 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.18pt\">Estos ingresos se desglosan en la Nota 7.1 de la presente memoria consolidada.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Venta de membres\u00edas de club vacacional</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El Grupo Meli\u00e1 comercializa membres\u00edas de club vacacional que otorgan a los clientes derechos de uso o acceso a servicios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">vacacionales a medio y largo plazo, en funci\u00f3n del producto y categor\u00eda contratados. Estos derechos, basados principalmente</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">en estancias hoteleras por semanas, son identificados por la Compa\u00f1\u00eda como obligaciones de desempe\u00f1o y, por tanto, reparte</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">la contraprestaci\u00f3n recibida o pactada de forma proporcional a los derechos incluidos en el contrato. Estas obligaciones de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">desempe\u00f1o se consideran satisfechas cuando los clientes hacen uso de sus derechos, momento en el que se reconoce el ingreso</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.96pt\">en la Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">As\u00ed, existe un modelo de membres\u00eda que consiste en la comercializaci\u00f3n a largo plazo (m\u00e1s de 15 a\u00f1os) de derechos de uso por</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">semanas, vinculadas a unidades hoteleras concretas, reconoci\u00e9ndose el ingreso en el momento en que el cliente ejerce su</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">derecho y obtiene los beneficios asociados a cada semana disfrutada. El precio de la transacci\u00f3n es asignado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">proporcionalmente al n\u00famero de semanas comprometidas, registr\u00e1ndose en el ep\u00edgrafe de \u201cSubvenciones de capital y otros</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">ingresos diferidos\u201d del pasivo del Balance Consolidado los importes correspondientes a semanas pendientes de uso,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">considerando, en su caso, estimaciones de derechos no ejercidos basadas en la experiencia hist\u00f3rica. En aquellos contratos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">que incorporan financiaci\u00f3n al cliente, el Grupo eval\u00faa la existencia de un componente financiero significativo y, en su caso,</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">reconoce los ingresos financieros asociados aplicando el m\u00e9todo del tipo de inter\u00e9s efectivo durante el periodo de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:52.19pt\">financiaci\u00f3n.</span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Dicho modelo de membres\u00eda comercializado por el Grupo ha evolucionado hacia un modelo flexible (5 a\u00f1os) basado en la</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">contrataci\u00f3n de paquetes de beneficios utilizables en distintos establecimientos del Grupo, sin vinculaci\u00f3n a una unidad</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1783 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">espec\u00edfica y con esquema de cobro basado en cuotas al\u00edcuotas. En estos contratos, la obligaci\u00f3n de desempe\u00f1o identificada</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1784 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">por la Compa\u00f1\u00eda consiste en la prestaci\u00f3n de servicios vacacionales que se consideran satisfechos a medida que el cliente</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1785 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">utiliza los beneficios contratados. En consecuencia, el ingreso se reconoce en funci\u00f3n del grado de utilizaci\u00f3n efectiva del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">servicio, registr\u00e1ndose dentro del ep\u00edgrafe de \u201cAcreedores comerciales y otras cuentas a pagar\u201d los importes cobrados</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:423.33pt\">correspondientes a derechos pendientes de ejercicio y se estima se ejercitar\u00e1n en el siguiente ejercicio.</span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:106.33pt\">Plusval\u00edas de inmovilizado</span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Compa\u00f1\u00eda realiza una gesti\u00f3n activa de su cartera de activos inmobiliarios. De forma general, se trata de operaciones de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">venta por rotaci\u00f3n de activos, y se pueden articular a trav\u00e9s de la venta directa del activo o a trav\u00e9s de la venta de la</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1939 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">sociedad propietaria de dicho activo. El resultado neto de dichas operaciones se presenta en el ep\u00edgrafe de Ingreso operativos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">como Plusval\u00edas de inmovilizado y se calcula tal y como indica el p\u00e1rrafo 71 de la NIC 16, deduciendo del valor razonable de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">contraprestaci\u00f3n recibida el importe en libros de los activos enajenados. Asimismo, se reconocen en este ep\u00edgrafe de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Cuenta de p\u00e9rdidas y ganancias consolidada el incremento de valor razonable de las inversiones inmobiliarias, conforme se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.01pt\">indica en Nota 3.3.</span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Este segmento operativo de la Compa\u00f1\u00eda incluye, asimismo, operaciones de venta y/o aportaci\u00f3n de hoteles a entidades</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">asociadas y negocios conjuntos, con el objetivo de maximizar los flujos de caja presentes y futuros de este portfolio. Estas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">operaciones implican la baja en cuentas anuales consolidadas de los hoteles y el reconocimiento de la contrapartida, ya sea</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.17pt\">efectivo o la participaci\u00f3n retenida o una combinaci\u00f3n de ambas.</span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">El Grupo aplica el enfoque de reconocimiento de la participaci\u00f3n residual retenida en dichos negocios hoteleros a valor</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">razonable, imputando a resultados la variaci\u00f3n del importe en libros, tal y como se explica en la Nota 2.5. Por lo tanto, las</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1941 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.62pt\">plusval\u00edas registradas se corresponden con la totalidad de la plusval\u00eda obtenida.</span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.8pt\">Ingresos por arrendamiento</span></div><div class=\"ps1265_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los ingresos procedentes de arrendamientos de inversiones inmobiliarias se reconocen linealmente a lo largo del periodo del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1649_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.76pt\">arrendamiento y se incluyen como ingresos operativos, dentro del segmento de gesti\u00f3n de activos.</span></div><div class=\"ps1267_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:88.52pt\">Ingresos por intereses</span></div><div class=\"ps1942 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Los ingresos por intereses se reconocen usando el m\u00e9todo del tipo de inter\u00e9s efectivo para todos los instrumentos financieros</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">valorados a coste amortizado. El tipo de inter\u00e9s efectivo es la tasa que descuenta exactamente los pagos o cobros en efectivo</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">estimados durante la vida esperada del instrumento financiero. Los ingresos por intereses se registran como ingresos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:249.95pt\">financieros en la Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1932 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dividendos</span></div><div class=\"ps1807 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los ingresos por dividendos se reconocen cuando se establece el derecho del Grupo a recibir el cobro correspondiente.</span></div><div class=\"ps1944 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.11.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1943_1\"><span style=\"display:inline-block;height:6.8pt;width:0.94pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Arrendamientos</span></div><div class=\"ps1215 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El Grupo eval\u00faa al inicio de un contrato si dicho contrato contiene un arrendamiento. Para aquellos contratos que califiquen</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1945 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">como tal, se procede a registrar el pasivo por arrendamiento y derecho de uso correspondientes. En caso contrario, se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1946 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">reconocen las cuotas de arrendamiento como un gasto operativo a medida que los beneficios econ\u00f3micos del bien arrendado se</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1948 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.4pt\">van materializando.</span><span class=\"f charStyle-f47c836a ps1947_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El pasivo por arrendamiento se calcula inicialmente como el valor presente de los pagos fijos o sustancialmente fijos por</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">arrendamiento que no hayan sido desembolsados en esa fecha, descontados utilizando la tasa incremental durante el plazo</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">m\u00ednimo no cancelable, considerando las opciones de extensi\u00f3n que sea razonablemente cierto ejercer y los periodos con</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:289.21pt\">opci\u00f3n de rescindir que no se considera razonablemente cierto ejercer.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El registro inicial del activo por derecho de uso comprende la medici\u00f3n inicial del pasivo, incluyendo los pagos realizados antes</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">del comienzo del arrendamiento y los costes directos iniciales, descontando los incentivos recibidos. Es habitual el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">establecimiento de cl\u00e1usulas en los contratos de arrendamiento hotelero que requieran desembolsos para realizar mejoras en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">el activo por parte del arrendatario. En tales casos, la mejora no suele ser espec\u00edfica y se incluyen como mayores pagos a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.27pt\">descontar, afectando al pasivo y al derecho de uso.</span><span class=\"f charStyle-f47c836a ps1949_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Posteriormente, el derecho de uso se valora a coste menos la amortizaci\u00f3n acumulada y el importe acumulado de las posibles</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">p\u00e9rdidas por deterioro. Se considera como plazo de amortizaci\u00f3n el periodo de arrendamiento o la vida \u00fatil del activo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1887_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">subyacente, lo que ocurra primero. Adem\u00e1s, se ajusta su valor en caso de producirse nuevas mediciones del pasivo producidas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1950 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">por circunstancias que afecten a los importes de los pagos o al periodo de arrendamiento. Algunas de estas modificaciones,</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1951 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:195.81pt\">requieren revisar la tasa de descuento utilizada.</span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El Grupo aplica la NIC 36 para determinar si un activo por derecho de uso est\u00e1 deteriorado y reconoce cualquier p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:91.84pt\">deterioro identificada.</span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:339.89pt\">La Compa\u00f1\u00eda ha aplicado las siguientes pol\u00edticas contables, estimaciones y criterios:</span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:31.09pt\">Alcance</span></div><div class=\"ps1674_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda aplica la exenci\u00f3n por bajo valor para los contratos de arrendamiento cuyo activo subyacente no supera los 5.000</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">d\u00f3lares estadounidenses y por corto plazo para los contratos de arrendamiento concertados para un plazo inferior a un a\u00f1o. No</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">se separan los componentes que no son arrendamientos de aquellos que s\u00ed lo son, para aquellas clases de activos en los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:453.64pt\">la importancia relativa de estos componentes no sea significativa con respecto al valor total del arrendamiento.</span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">La Compa\u00f1\u00eda considera que los contratos de gesti\u00f3n hotelera no se encuentran en el \u00e1mbito de aplicaci\u00f3n de la NIIF 16 y, por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1870_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.11pt\">tanto, se reconocen los ingresos de gesti\u00f3n en base a la NIIF 15 (ver Nota 3.10).</span></div><div class=\"ps1743_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Pagos por arrendamiento</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s de los pagos fijos (o, en esencia, fijos) recogidos en los contratos de arrendamiento, la Compa\u00f1\u00eda incluye en los pagos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:180.87pt\">por arrendamiento las siguientes casu\u00edsticas:</span></div><div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La mayor\u00eda de los contratos de arrendamiento hotelero incluyen un pago contingente en funci\u00f3n del \u00edndice de precios del pa\u00eds</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">donde se ubica el activo, que se revisa normalmente con periodicidad anual y se aplica a las cuotas pendientes, recalcul\u00e1ndose</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">el pasivo por arrendamiento y el derecho de uso en base a dicha revisi\u00f3n. El valor del \u00edndice a fecha de inicio del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.59pt\">arrendamiento se considera en el c\u00e1lculo de pagos por arrendamiento.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En los contratos de arrendamiento con cuotas variables para los que se fija un m\u00ednimo por periodo, se considera este importe</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en el c\u00e1lculo inicial, reconociendo como gasto en el ep\u00edgrafe Arrendamientos de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.12pt\">consolidadas el importe de la cuota variable que supere el pago m\u00ednimo fijado.</span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Plazo de arrendamiento</span></div><div class=\"ps1607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Con independencia de la fecha de firma del contrato, se considera fecha inicial del arrendamiento a efectos de su</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">reconocimiento en los estados financieros consolidados del Grupo, la fecha en que efectivamente se toma posesi\u00f3n del hotel,</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.67pt\">que coincide, generalmente, con la fecha de apertura del mismo.</span></div><div class=\"ps1952 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda considera el plazo m\u00ednimo no cancelable como el plazo inicial establecido en el contrato de arrendamiento, sin</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1953 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">incluir las posibles pr\u00f3rrogas cuando no se considera razonablemente cierto que se vayan a ejercer. Para la determinaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1954 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">si una pr\u00f3rroga se ejercer\u00e1 con una certeza razonable, se han definido algunas caracter\u00edsticas clave que el Grupo eval\u00faa para</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">determinar si existen incentivos econ\u00f3micos para dicho ejercicio: cuotas no ajustadas a mercado, inversiones a incurrir y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:181.95pt\">singularidad del activo hotelero, entre otras.</span></div><div class=\"ps1955 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Tasa de descuento</span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Dada la dificultad de establecer la tasa de inter\u00e9s impl\u00edcita en los contratos de arrendamiento hotelero, el Grupo ha optado</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">por calcular la tasa incremental por pr\u00e9stamos aplicable a cada contrato. El modelo de c\u00e1lculo de dichas tasas incrementales</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">se basa en una tasa libre de riesgo, el riesgo del entorno econ\u00f3mico del activo (pa\u00eds) y el riesgo inherente a la Compa\u00f1\u00eda, todo</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">ello ponderado por el valor temporal de los flujos establecido en el calendario de pagos m\u00ednimos de cada contrato de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1957 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:62.76pt\">arrendamiento.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro del derecho de uso</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En general, los activos por derecho de uso no generan entradas de efectivo independientes por lo que su evaluaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">deterioro debe realizarse como parte de una unidad generadora de efectivo, y consecuentemente el Grupo ajusta el c\u00e1lculo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">del valor recuperable de dicha unidad generadora de efectivo descrito en esta Nota. En este sentido, el Grupo excluye del</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">valor en libros de la unidad generadora de efectivo los pasivos por arrendamiento, y excluye asimismo del c\u00e1lculo de su valor</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.41pt\">en uso los pagos asociados a dichos pasivos. Por el contrario, el Grupo incluye en el c\u00e1lculo del valor en uso las cuotas</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">variables ya que no est\u00e1n incluidas en el pasivo por arrendamiento as\u00ed como las cuotas de renovaci\u00f3n del arrendamiento</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:510.78pt\">cuando el plazo del mismo sea inferior al per\u00edodo de proyecci\u00f3n de los flujos de efectivo de la unidad generadora de efectivo.</span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:188.64pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1960_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1961_1\" style=\"width:308.14pt\">, neto de impuestos, y aplicando hip\u00f3tesis de crecimiento consistentes con</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">el mercado en que opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo igual a la</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">duraci\u00f3n del arrendamiento. Las tasas de descuento utilizadas en la determinaci\u00f3n del importe recuperable tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ajustan de forma que sean coherentes con los flujos de efectivo subyacentes y con la unidad generadora de efectivo</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">correspondiente, afectando dichos flujos con los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de efectivo estimados, principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.32pt\">significativos que pudieran afectarles.</span><span class=\"f charStyle-f47c836a ps1962_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1964 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.55pt\">3.12.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1963_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.45pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:136.27pt\">Impuesto sobre las ganancias</span></div><div class=\"ps1673_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El gasto por impuesto sobre beneficios del ejercicio se calcula como la suma del impuesto corriente de cada una de las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">sociedades dependientes integradas en estas cuentas anuales consolidadas, a excepci\u00f3n de los 4 grupos fiscales consolidados</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">existentes, cuyas cabeceras son: Meli\u00e1 Hotels International, S.A., Sol Meli\u00e1 France S.A.S.,\u00a0 Adprotel Strand, S.L.. e Inversiones</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1965_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:312.54pt\">Explotaciones Tur\u00edsticas, S.A. que suman como una unidad cada uno de ellos.</span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Este c\u00e1lculo resulta de la aplicaci\u00f3n del correspondiente tipo de gravamen sobre la base imponible del ejercicio tras aplicar las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1678_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">bonificaciones y deducciones existentes, y de la variaci\u00f3n de los activos y pasivos por impuesto diferido contabilizados. Se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconoce este importe en la Cuenta de p\u00e9rdidas y ganancias consolidada, excepto en aquellos casos en los que este impuesto</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">est\u00e1 directamente relacionado con partidas directamente reflejadas en el patrimonio neto consolidado, en cuyo caso el</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:159.22pt\">impuesto se reconoce en este ep\u00edgrafe.</span><span class=\"f charStyle-f47c836a ps1966\" style=\"width:2.71pt\"> </span></div><div class=\"ps1682_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los activos y pasivos por impuestos corrientes se valoran por el importe que se espera recuperar o pagar. Los tipos impositivos</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1967 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.12pt\">utilizados son los que est\u00e9n en vigor a la fecha del Balance consolidado.</span></div><div class=\"ps1968 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Se reconocen provisiones en relaci\u00f3n con aquellas materias para las que la determinaci\u00f3n fiscal es incierta pero se considera</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1969 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">probable que haya una futura salida de flujos de caja a una autoridad tributaria. Estas provisiones se valoran a la mejor</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1970 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">estimaci\u00f3n del importe que se espera pagar en relaci\u00f3n con ellas. La evaluaci\u00f3n se basa en el juicio de profesionales en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1971 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">materia fiscal dentro de la Compa\u00f1\u00eda con experiencia previa en dichas materias y, en ciertos casos, con el asesoramiento de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:102.51pt\">expertos independientes.</span></div><div class=\"ps1973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los activos y pasivos por impuesto diferido se calculan para todas las diferencias temporarias existentes a la fecha del Balance</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.6pt\">consolidado como diferencia entre el valor en libros de los activos y pasivos y el que constituye el valor fiscal de los mismos.</span></div><div class=\"ps1975 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los activos por impuesto diferido y los pasivos por impuesto diferido se compensan si, y solo si, existe un derecho legalmente</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocido de compensar los activos por impuesto corriente con los pasivos por impuesto corriente y cuando los activos por</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">impuesto diferido y los pasivos por impuesto diferido se derivan del impuesto sobre las ganancias correspondientes a la misma</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">autoridad fiscal, que recaen sobre la misma entidad o sujeto fiscal, o diferentes entidades o sujetos fiscales, que pretenden</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1976 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.26pt\">liquidar los activos y pasivos fiscales corrientes por su importe neto.</span></div><div class=\"ps1880_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Un pasivo por impuesto diferido es reconocido para todo tipo de diferencias temporarias imponibles, excepto en las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">diferencias temporarias imponibles que surjan de un fondo de comercio comprado cuya amortizaci\u00f3n no es fiscalmente</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">deducible y las que surjan del reconocimiento inicial de un activo o pasivo en una transacci\u00f3n que no es una combinaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425pt\">negocios, y que en el momento de la transacci\u00f3n no afect\u00f3 ni al resultado contable ni al resultado fiscal.</span></div><div class=\"ps1653_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Asimismo, un pasivo por impuesto diferido es reconocido para todas las diferencias temporarias imponibles que provengan de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1654_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">inversiones en entidades dependientes, asociadas y negocios conjuntos, excepto que se den conjuntamente las dos condiciones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">siguientes: que la sociedad dominante sea capaz de controlar el momento de reversi\u00f3n de la diferencia temporaria y que sea</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:299.27pt\">probable que la diferencia temporaria no revierta en un futuro previsible.</span></div><div class=\"ps1655_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Un activo por impuesto diferido es reconocido para todas las diferencias temporarias deducibles y cr\u00e9ditos fiscales por bases</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">imponibles pendientes de compensaci\u00f3n y deducciones pendientes de aplicaci\u00f3n, siempre que sea probable que se vaya a</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">recuperar por la generaci\u00f3n de suficientes beneficios fiscales, contra la cual se podr\u00e1 utilizar el activo por impuesto diferido y</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">cr\u00e9ditos fiscales por bases imponibles negativas o deducciones, excepto en las diferencias temporarias deducibles que surjan</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">del reconocimiento inicial de un activo o pasivo en una transacci\u00f3n que no es una combinaci\u00f3n de negocios, y que en el</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1957 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:340.23pt\">momento de la transacci\u00f3n, no afect\u00f3 ni al resultado contable ni al resultado fiscal.</span></div><div class=\"ps1979 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, un activo por impuesto diferido, para todas las diferencias temporarias deducibles que provengan de inversiones en</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1980 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">entidades dependientes, asociadas y negocios conjuntos, solo es reconocido cuando se den conjuntamente las dos condiciones</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1981 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">siguientes: que sea probable que las diferencias temporarias vayan a revertir en un futuro previsible y se espere disponer de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:318.86pt\">beneficios fiscales contra los cuales cargar las citadas diferencias temporarias.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">La recuperaci\u00f3n del activo por impuesto diferido es revisada en cada cierre del Balance consolidado, ajust\u00e1ndose al importe</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">del saldo del activo por impuesto diferido que se estime probable que se vaya a recuperar por la generaci\u00f3n de suficientes</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">beneficios fiscales, calculados aplicando el criterio de prudencia y excluyendo los posibles beneficios por enajenaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">inmuebles, dada la incertidumbre en cuanto a las fechas de realizaci\u00f3n de los mismos, al depender de las condiciones de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">mercado, as\u00ed como de la variedad de consecuencias fiscales eventuales en funci\u00f3n de la naturaleza de las transacciones que se</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:35.88pt\">realicen.</span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los activos y pasivos por impuesto diferido son medidos bas\u00e1ndose en su forma esperada de materializaci\u00f3n y en la normativa</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:471.7pt\">fiscal y tipos impositivos que se hayan aprobado, o est\u00e9n a punto de aprobarse, en la fecha del Balance consolidado.</span></div><div class=\"ps1984 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.13.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1983_1\"><span style=\"display:inline-block;height:6.8pt;width:14.46pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Transacciones en moneda extranjera</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los d\u00e9bitos y cr\u00e9ditos en moneda extranjera se valoran inicialmente al tipo de cambio existente a la fecha de la operaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:341.47pt\">convirti\u00e9ndose posteriormente al tipo de cambio vigente al cierre de cada ejercicio.</span><span class=\"f charStyle-f47c836a ps1985_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las diferencias de cambio se consideran ingreso o gasto del ejercicio en el que se producen, excepto las derivadas de aquellas</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">operaciones de financiaci\u00f3n a sociedades dependientes en el extranjero, que hayan sido consideradas como mayor valor de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">inversi\u00f3n neta en dichos negocios como consecuencia de no estar contemplada la liquidaci\u00f3n de estas operaciones ni que \u00e9sta</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sea probable atendiendo a la situaci\u00f3n financiero patrimonial de las sociedades dependientes, tal y como se contempla en la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:340.35pt\">NIC 21 \u201cEfectos de las variaciones en los tipos de cambio de la moneda extranjera.\u201d</span></div><div class=\"ps1987 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.14.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Moneda funcional y econom\u00edas hiperinflacionarias</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.99pt\">El euro es la moneda de presentaci\u00f3n del Grupo, y de su matriz Meli\u00e1 Hotels International, S.A.</span></div><div class=\"ps1919 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">La moneda funcional de cada una de las sociedades integrantes del Grupo es la moneda del entorno econ\u00f3mico principal en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1992 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:203.38pt\">que opera la entidad. A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps1988_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1989_1\" style=\"width:12.23pt\"> y </span><span class=\"f charStyle-f47c836a ps1990_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1991_1\" style=\"width:262.17pt\"> se considera que las econom\u00edas de Venezuela y Argentina son</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hiperinflacionarias, ya que se ha determinado que cumple las caracter\u00edsticas del entorno econ\u00f3mico indicadas en la NIC 29</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.07pt\">\u201cInformaci\u00f3n financiera en econom\u00edas hiperinflacionarias\u201d.</span></div><div class=\"ps1922 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Como consecuencia, en el caso de Venezuela, se reexpresan los Balances de las sociedades venezolanas del per\u00edmetro de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">consolidaci\u00f3n, bas\u00e1ndose en el m\u00e9todo del coste corriente, reflejando as\u00ed los efectos de los cambios en los \u00edndices de precios</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157.55pt\">en sus activos y pasivos no monetarios.</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Asimismo, se imputa a la Cuenta de p\u00e9rdidas y ganancias, la p\u00e9rdida o ganancia de poder adquisitivo derivada de la aplicaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de la variaci\u00f3n del \u00edndice de precios a la posici\u00f3n monetaria neta. Tambi\u00e9n se incluye en el resultado financiero el efecto de la</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">reexpresi\u00f3n en la unidad monetaria corriente del resto de partidas de la Cuenta de p\u00e9rdidas y ganancias de las sociedades</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:52.14pt\">venezolanas.</span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Con el objeto de mejorar la imagen fiel de los estados financieros consolidados, y dada la evidente relaci\u00f3n econ\u00f3mica</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">existente entre los impactos reconocidos por la hiperinflaci\u00f3n y la devaluaci\u00f3n que se registran en Venezuela en los \u00faltimos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1993 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">a\u00f1os, el Grupo presenta ambos efectos en el patrimonio neto consolidado, reconociendo tanto el efecto de la revalorizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1994 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">de partidas no monetarias como el efecto de las diferencias de conversi\u00f3n a euros, directamente en el ep\u00edgrafe de Ganancias</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1995 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.88pt\">Acumuladas del patrimonio neto.</span></div><div class=\"ps1925 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A continuaci\u00f3n, se muestran los impactos acumulados de ambas magnitudes desglosadas por separado para el ejercicio actual</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:53.15pt\">y el anterior:</span><span class=\"f charStyle-f47c836a ps1996_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2008 ss0_2\"><div class=\"ss109_1 ws0 ps2007\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:300pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:102.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:102.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1999 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps3613\">31/12/2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps3613\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-8b2dbd07 ps267\">Revalorizaci\u00f3n por hiperinflaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2002_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps11079\">311.245</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2003_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps11079\">319.468</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-8b2dbd07 ps267\">Diferencias conversi\u00f3n (devaluaci\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2005 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps2004_1\">(495.139)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2006 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps2004_1\">(500.962)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2009 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">De acuerdo a estudios de expertos independientes, la hiperinflaci\u00f3n que presenta Venezuela a cierre de ejercicio se sit\u00faa en</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2012 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:82.44pt\">torno a 380,38%. En </span><span class=\"f charStyle-f47c836a ps2010_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2011_1\" style=\"width:262.98pt\">, el incremento de la inflaci\u00f3n ascendi\u00f3 al 98,84% (ver Nota 2.6).</span></div><div class=\"ps2013 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cuanto a la sociedad ubicada en Argentina, la aplicaci\u00f3n de la NIC 29 no ha supuesto impactos significativos en los estados</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2014 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">financieros consolidados del Grupo debido a la compensaci\u00f3n durante el ejercicio de la inflaci\u00f3n interanual del pa\u00eds con la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2015 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">devaluaci\u00f3n interanual de la moneda del pa\u00eds. No obstante, el Grupo sigue evaluando de manera constante la situaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2016 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:426.11pt\">econ\u00f3mica de Argentina y evaluando los potenciales impactos de la aplicaci\u00f3n de la NIC 29 en dicho pa\u00eds.</span></div><div class=\"ps2017 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Aparte de lo anteriormente mencionado, no existe ninguna otra sociedad en el per\u00edmetro de consolidaci\u00f3n que tenga la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2022 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.7pt\">consideraci\u00f3n de econom\u00eda hiperinflacionaria al cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps2018_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2019_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps2020_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2021_1\" style=\"width:3.3pt\">.</span></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_34\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 4.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2026_1\"><span style=\"display:inline-block;height:11.34pt;width:8.3pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps2027_1\">Pol\u00edtica de Gesti\u00f3n de Riesgos Financieros</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Pol\u00edtica General de Control, An\u00e1lisis y Gesti\u00f3n de Riesgos del Grupo Meli\u00e1 establece los principios b\u00e1sicos y directrices que</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">rigen las actividades de control y gesti\u00f3n de riesgos, financieros y no financieros a los que se enfrenta el Grupo. Dicha pol\u00edtica</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2030 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">establece una tolerancia reducida para los riesgos financieros, por lo que en la gesti\u00f3n de este tipo de riesgos se prima la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2031 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">mitigaci\u00f3n de los mismos, tratando as\u00ed de minimizar los efectos adversos que los mismos pudieran producir sobre las cuentas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2032 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.97pt\">anuales consolidadas. Las actuaciones marcadas en dicha gesti\u00f3n se revisan y actualizan peri\u00f3dicamente.</span></div><div class=\"ps2033 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:515.54pt\">Las actividades del Grupo est\u00e1n expuestas principalmente a diversos riesgos: riesgo de mercado (riesgo de tipo de inter\u00e9s,</span><span class=\"f charStyle-9faf05d8 ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:515.6pt\">riesgo de tipo de cambio, y riesgo de precios), riesgo de liquidez, riesgo de cr\u00e9dito, riesgos medioambientales y diversos</span><span class=\"f charStyle-9faf05d8 ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:515.61pt\">riesgos geopol\u00edticos. El Grupo, a trav\u00e9s de la gesti\u00f3n realizada, trata de minimizar los efectos adversos que los mismos</span><span class=\"f charStyle-9faf05d8 ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1840 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:241.69pt\">pudieran producido sobre sus cuentas anuales consolidadas.</span><span class=\"f charStyle-9faf05d8 ps2034_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:265.71pt\">Se detalla a continuaci\u00f3n informaci\u00f3n adicional sobre los mismos:</span></div><div class=\"ps2038 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2037_1\"><span style=\"display:inline-block;height:6.8pt;width:5.12pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgo de tipo de inter\u00e9s</span></div><div class=\"ps2039 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.55pt\">El Grupo refleja en sus cuentas anuales consolidadas determinadas partidas que soportan intereses fijos y variables.</span></div><div class=\"ps2040 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El Grupo mantiene una pol\u00edtica de cobertura parcial del riesgo de variaci\u00f3n de los tipos de inter\u00e9s contratando diferentes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2041 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">derivados financieros que le permiten contratar un tipo fijo por un determinado periodo de tiempo y que aplica a las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:308.89pt\">diferentes operaciones de financiaci\u00f3n que tiene a tipos de inter\u00e9s variable.</span><span class=\"f charStyle-f47c836a ps2042_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2046 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:117.38pt\">La estructura de la deuda al </span><span class=\"f charStyle-f47c836a ps2044_1\" style=\"width:99.95pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2045_1\" style=\"width:298.27pt\"> es la siguiente (estos importes no incluyen los intereses devengados y no</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2047_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:219.03pt\">pagados ni los pasivos por arrendamiento de negocio):</span></div><div class=\"ps2070_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps979\">Inter\u00e9s Fijo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2051\">Inter\u00e9s Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2054_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8399 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2055_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2056_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8139 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2058 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">337.253</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2059 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">483.007</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2060 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">820.261</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3818 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2062_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">133.088</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2063_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">2.625</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2064 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">135.713</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps8239 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-28c2751e ps2065\">TOTAL DEUDA</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2066_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">522.841</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2067 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">485.632</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2069_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2746\">1.008.473</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2071_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:369.51pt\">Las deudas a tipo de inter\u00e9s variable est\u00e1n referenciadas b\u00e1sicamente al Euribor y al SOFR.</span></div><div class=\"ps2074_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:9.34pt\">A </span><span class=\"f charStyle-f47c836a ps2072\" style=\"width:104.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2073\" style=\"width:401.69pt\">, el Grupo tiene contratados varios swaps de tipos de inter\u00e9s calificados como instrumentos de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2075_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">cobertura de flujos de efectivo. Los pr\u00e9stamos bancarios e hipotecarios a tipo variable cubiertos por estos swaps se presentan</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2076_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:453.48pt\">en la columna de inter\u00e9s fijo por la parte del capital cubierto. Se ofrecen desgloses adicionales en la Nota 13.3.</span></div><div class=\"ps2077 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:456.35pt\">Adicionalmente, la Compa\u00f1\u00eda mantiene garant\u00edas y avales por diversas operaciones, desglosadas en la Nota 21.2.</span></div><div class=\"ps2081 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.89pt\">A efectos comparativos se presenta la informaci\u00f3n correspondiente al ejercicio </span><span class=\"f charStyle-f47c836a ps2078_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2079_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2080_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2094 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2050 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-28c2751e ps979\">Inter\u00e9s Fijo</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2051\">Inter\u00e9s Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2054_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8399 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2055_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2056_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2058 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">11.100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2060 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">11.100</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2062_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">312.010</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2063_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">424.158</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2064 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">736.169</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1110 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2084 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">85.429</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2085 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">55.914</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2086_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">141.342</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3529 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2088_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps832\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2089 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps832\">828</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2632 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-28c2751e ps2065\">TOTAL DEUDA</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2091_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">461.039</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2092_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">480.900</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2093_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">941.939</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps2099_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.13pt\">La sensibilidad en miles de euros del resultado de los ejercicios </span><span class=\"f charStyle-f47c836a ps2095_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2096_1\" style=\"width:10.91pt\"> y </span><span class=\"f charStyle-f47c836a ps2097\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2098\" style=\"width:201.89pt\"> ante variaciones (en puntos b\u00e1sicos) de los tipos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2101 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.67pt\">de inter\u00e9s, es la siguiente:</span><span class=\"f charStyle-f47c836a ps2100\" style=\"width:2.71pt\"> </span></div><div class=\"ps15760 ss0_2\"><div class=\"ss121_1 ws0 ps2119\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:215.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:150pt\"></td><td style=\"padding:0;width:147pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-4ed8e3ec ps2103\">Variaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps2105_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-4ed8e3ec ps2104\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2108 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-fdea4ace ps2106\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-f47c836a ps13458\">+ 25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2111 ss308\"><div><div class=\"ps2107_1 ss21\"><span class=\"f charStyle-16c696ac ps2110\">1.214</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2113 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-6abf3695 ps2112_1\">1.202</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-8b2dbd07 ps2114_1\">- 25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2116 ss308\"><div><div class=\"ps2107_1 ss21\"><span class=\"f charStyle-16c696ac ps2115_1\">(1.214)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2118 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-6abf3695 ps2117_1\">(1.202)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2121 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El anterior an\u00e1lisis de sensibilidad se ha efectuado suponiendo un incremento/disminuci\u00f3n medio a lo largo de todo el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2122 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">ejercicio en los puntos b\u00e1sicos indicados en la tabla. Para dicho c\u00e1lculo se ha tenido en cuenta el efecto de los swaps de tipos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2123 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.09pt\">de inter\u00e9s mencionados en la Nota 13.3.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1259\"><span style=\"display:inline-block;height:6.8pt;width:3.89pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgo de tipo de cambio</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo lleva a cabo su actividad en el \u00e1mbito internacional y, por tanto, est\u00e1 expuesto a riesgo de tipo de cambio por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:97.65pt\">operaciones con divisas.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El riesgo de tipo de cambio surge de las operaciones comerciales, financieras y de inversi\u00f3n, as\u00ed como de la conversi\u00f3n de los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estados financieros de las sociedades filiales denominadas en una moneda funcional diferente a la moneda de presentaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A pesar de no tener contratados instrumentos financieros (swaps, seguros de cambio) para mitigar este posible riesgo, el Grupo</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">desarrolla pol\u00edticas encaminadas a mantener un equilibrio entre los cobros y pagos en efectivo de activos y pasivos</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:148.33pt\">denominados en moneda extranjera.</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Se ha realizado el siguiente an\u00e1lisis de sensibilidad sobre el resultado antes de impuestos y sobre el patrimonio de las</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">correspondientes filiales, en base a la apreciaci\u00f3n y depreciaci\u00f3n respecto al euro de las principales monedas en las que opera</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2124 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:318.71pt\">la Compa\u00f1\u00eda, suponiendo que el resto de las variables permanecen constantes:</span></div><div class=\"ps2148 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:214.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"2\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2125 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-28c2751e ps2104\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"2\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2126 ss123_1\"><div><div class=\"ps482 ss122_1\"><span class=\"f charStyle-28c2751e ps1702\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps807 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps2129 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2128_1\">+10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2131 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2130_1\">-10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2133 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2792\">+10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2135 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps801\">-10%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-934a7fa2 ps267\">P\u00e9rdidas y Ganancias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2137 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">7.691</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2138 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">(7.691)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2139 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">6.259</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2141 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps2140_1\">(6.259)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-934a7fa2 ps267\">Patrimonio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2143 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">80.270</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2144_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps15249\">(80.270)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2145 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">71.841</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2147 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps2146_1\">(71.841)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2150 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-10d23c65 ps12591\" style=\"width:371.04pt\">(*) se muestra con signo negativo un menor ingreso y una disminuci\u00f3n del patrimonio neto consolidado.</span><span class=\"f charStyle-10d23c65 ps2149_1\" style=\"width:2.41pt\"> </span></div><div class=\"ps2153 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:404.64pt\">La deuda financiera del Grupo est\u00e1 referenciada mayoritariamente al euro en un 88,3% (86,6% en </span><span class=\"f charStyle-f47c836a ps2151\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2152\" style=\"width:91.99pt\">), siendo el peso de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.52pt\">deuda en monedas diferentes del euro de un 11,7% (13,4% en </span><span class=\"f charStyle-f47c836a ps2154_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2155_1\" style=\"width:242.22pt\">), ajust\u00e1ndose as\u00ed a la generaci\u00f3n de caja en las diferentes</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2157 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.77pt\">monedas.</span></div><div class=\"ps2158 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:444.22pt\">El Grupo gestiona as\u00ed una cobertura natural de su endeudamiento, dada la generaci\u00f3n de caja en esas divisas.</span></div><div class=\"ps2159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">4.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:83.85pt\">Riesgo de liquidez</span></div><div class=\"ps2160 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La pol\u00edtica de liquidez seguida por el Grupo asegura el cumplimiento de los compromisos de pago adquiridos sin tener que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">recurrir a la obtenci\u00f3n de fondos en condiciones gravosas. Para ello se utilizan diferentes medidas de gesti\u00f3n tales como el</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2162 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">mantenimiento de facilidades crediticias comprometidas por importe y flexibilidad suficiente, la diversificaci\u00f3n de la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2163 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">cobertura de las necesidades de financiaci\u00f3n mediante el acceso a diferentes mercados y \u00e1reas geogr\u00e1ficas, y la</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2165 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.03pt\">diversificaci\u00f3n de los vencimientos de la deuda emitida</span><span class=\"f charStyle-982149e5 ps2164_1\" style=\"width:3.3pt\">.</span></div><div class=\"ps2168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.95pt\">El cuadro adjunto resume los vencimientos de los pasivos financieros del Grupo a </span><span class=\"f charStyle-f47c836a ps2166_1\" style=\"width:106.79pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2167_1\" style=\"width:53.85pt\">, basados en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2170 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:150.22pt\">importes nominales por vencimiento:</span><span class=\"f charStyle-f47c836a ps2169_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2211_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:61.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss129_1\"><div><div class=\"ps476 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2171_1\">Menos de 3 </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2021\">meses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2175_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps15487\">3 a 12 meses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2177 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps583\">1 a 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2179 ss133_1\"><div><div class=\"ps476 ss132_1\"><span class=\"f charStyle-4ed8e3ec ps2178_1\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2181 ss134_1\"><div><div class=\"ps476 ss108\"><span class=\"f charStyle-4ed8e3ec ps1992\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2182 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2184 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2183_1\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2185 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">27.631</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2187 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">136.888</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2188 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">783.909</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2190 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-f47c836a ps2189_1\">7.545</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2192 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">955.973</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2193 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">45.830</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2194 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">148.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2195 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">653.274</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2197 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-f47c836a ps2196_1\">1.519.014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2199 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2198_1\">2.366.150</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3734 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-28c2751e ps2200_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2202 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2661\">73.461</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2204_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1402\">284.920</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2206_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2205_1\">1.489.683</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2208_1 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-4ed8e3ec ps2207_1\">1.526.559</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2210_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps2198\">3.374.623</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2212 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La Compa\u00f1\u00eda considera que, dadas las pol\u00edticas de endeudamiento aplicadas, el cuadro de vencimiento de deuda, la situaci\u00f3n<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps2213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">de tesorer\u00eda, as\u00ed como las disponibilidades de p\u00f3lizas de cr\u00e9dito, y teniendo en cuenta el presupuesto del Grupo para el</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ejercicio 2026 enmarcado en el nuevo Plan Estrat\u00e9gico, garantizan que el Grupo pueda hacer frente con solvencia a las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.6pt\">obligaciones adquiridas a 31 de diciembre de 2025.</span></div><div class=\"ps2216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:496.6pt\">El tipo medio de inter\u00e9s devengado por estos pasivos financieros durante el presente ejercicio es del 4,2%. En el ejercicio </span><span class=\"f charStyle-f47c836a ps2215\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2217_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.91pt\">fue del 5,56%. Se excluyen del c\u00e1lculo de este tipo de inter\u00e9s medio los tipos utilizados para los pasivos por arrendamiento.</span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Asimismo, la Compa\u00f1\u00eda tiene una pol\u00edtica de gesti\u00f3n activa para el mantenimiento de los plazos medios de vencimiento de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.26pt\">deuda, as\u00ed como las renovaciones recurrentes de las p\u00f3lizas de cr\u00e9dito a corto y medio plazo.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A\u00a0 efectos comparativos, se detallan los vencimientos a cierre de </span><span class=\"f charStyle-f47c836a ps2224\">2024</span><span class=\"f charStyle-f47c836a ps2225_1\">:\u00a0 </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td></tr><tr style=\"height:24pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss138_1\"><div><div class=\"ps1065_1 ss471\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2173 ss139_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2171_1\">Menos de 3 </span></div><div class=\"ps2226 ss130_1\"><span class=\"f charStyle-28c2751e ps2021\">meses</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2175_1 ss139_1\"><div><div class=\"ps1065_1 ss130_1\"><span class=\"f charStyle-28c2751e ps15487\">3 a 12 meses</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2177 ss139_1\"><div><div class=\"ps1065_1 ss130_1\"><span class=\"f charStyle-28c2751e ps583\">1 a 5 a\u00f1os</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2179 ss35\"><div><div class=\"ps1065_1 ss34\"><span class=\"f charStyle-28c2751e ps2227_1\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2229 ss142_1\"><div><div class=\"ps1065_1 ss492\"><span class=\"f charStyle-28c2751e ps2228_1\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2230 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2232 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2234 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps2233_1\">52.500</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps816 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2236 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">11.100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2237 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps2233_1\">11.100</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2238 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">19.623</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2239 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">86.539</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2241 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps9454\">765.301</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2243_1 ss146_1\"><div><div class=\"ps958 ss34\"><span class=\"f charStyle-934a7fa2 ps9374\">6.048</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2245 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps7006\">877.511</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-8b2dbd07 ps267\">P\u00f3lizas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2248 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2250 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps9369\">828</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps613 ss147_1\"><div><div class=\"ps1102_1 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2252 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2231_1\">44.003</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2253 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps9454\">144.445</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2254 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps9454\">680.284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2256_1 ss149_1\"><div><div class=\"ps1102_1 ss34\"><span class=\"f charStyle-f47c836a ps2255_1\">1.581.932</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2258 ss150_1\"><div><div class=\"ps1102_1 ss492\"><span class=\"f charStyle-f47c836a ps2257\">2.450.664</span></div></div></div></td></tr><tr style=\"height:18.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss151_1\"><div><div class=\"ps2259 ss471\"><span class=\"f charStyle-28c2751e ps2200_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2261 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">74.726</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2262 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">230.984</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2263 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps2205_1\">1.498.913</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2265 ss153_1\"><div><div class=\"ps2259 ss34\"><span class=\"f charStyle-28c2751e ps2264_1\">1.587.980</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2267 ss154_1\"><div><div class=\"ps2259 ss492\"><span class=\"f charStyle-28c2751e ps2266_1\">3.392.603</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.58pt\">4.4.</span><span class=\"f charStyle-aa796863 ps2269_1\" style=\"width:2.28pt\"> </span><span class=\"f charStyle-aa796863 ps2270\" style=\"width:80.68pt\">Riesgo de precios</span></div><div class=\"ps2272_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El riesgo asociado a los precios de los consumibles del Grupo proviene fundamentalmente de las fluctuaciones en el coste y la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2273 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">disponibilidad de los productos alimentarios y bebidas comercializados. Si bien el entorno ha estado condicionado por</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">episodios de volatilidad derivados del incremento de tensiones comerciales y de la aplicaci\u00f3n de determinadas medidas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2275 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">arancelarias, circunstancias que han generado incertidumbre sobre la evoluci\u00f3n de las cadenas globales de suministro y sobre</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2276 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">las presiones inflacionarias, el Grupo no mantiene una exposici\u00f3n directa que pudiera afectar de forma significativa a su</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2277 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:85.27pt\">estructura de costes.</span></div><div class=\"ps2278 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">No obstante, cambios adicionales en las pol\u00edticas comerciales o incrementos generalizados de aranceles podr\u00edan alterar el</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funcionamiento de las cadenas de suministro globales, generando impactos potencialmente adversos, si bien su probabilidad es</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">reducida y su magnitud dif\u00edcil de anticipar. Durante el ejercicio, el Grupo ha llevado a cabo un seguimiento continuo de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2281_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.23pt\">situaci\u00f3n, conforme a los protocolos establecidos.</span></div><div class=\"ps2282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los administradores consideran que las variaciones en los precios no son significativas y, en la medida en que se producen, se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2283_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">trasladan a los precios de venta de los productos. En consecuencia, el Grupo no suscribe operaciones de cobertura espec\u00edficas</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.43pt\">frente a este tipo de riesgo.</span></div><div class=\"ps2285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Asimismo, el Grupo est\u00e1 expuesto a riesgos de precio del patrimonio neto de inversiones financieras en instrumentos de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">patrimonio. Las inversiones en instrumentos de patrimonio en entidades no cotizadas se desglosan en la Nota 13 y son</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">mantenidas por motivos estrat\u00e9gicos y no con la finalidad de negociar con ellas, y est\u00e1n principalmente enfocadas a entidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2288 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">con activos hoteleros en propiedad. Dado el reducido porcentaje de participaci\u00f3n en las mismas, en caso de variaciones no</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">superiores al 10% en el valor razonable de los activos de las entidades en las que el Grupo dispone de instrumentos de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">patrimonio sin poseer influencia significativa no afectar\u00edan de forma significativa al valor en libros de dichas inversiones en el</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2292_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.86pt\">Balance consolidado.</span><span class=\"f charStyle-f47c836a ps2291\" style=\"width:2.71pt\"> </span></div><div class=\"ps2293_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.54pt\">Por su parte, el Grupo no dispone de inversiones relevantes en instrumentos de patrimonio de entidades cotizadas.</span></div><div class=\"ps2295_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.13pt\">4.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2294\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.13pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:79.69pt\">Riesgo de cr\u00e9dito</span></div><div class=\"ps2296_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El riesgo de cr\u00e9dito derivado del fallo de una contraparte (cliente, proveedor o entidad financiera) est\u00e1 atenuado por las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2297_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">pol\u00edticas seguidas por el Grupo en cuanto a diversificaci\u00f3n de la cartera de clientes, mercados emisores, la vigilancia de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2298_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">concentraciones y un control exhaustivo de la deuda en todo momento. Adicionalmente, en algunos casos el Grupo utiliza</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2299_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.64pt\">otras operaciones financieras que permiten reducir el riesgo de cr\u00e9dito como son las cesiones de cr\u00e9dito.</span></div><div class=\"ps2300_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los plazos de cr\u00e9dito a clientes concedidos por el Grupo oscilan entre 21 y 90 d\u00edas, siendo el periodo medio de cobro de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2305_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:47.98pt\">cr\u00e9ditos en </span><span class=\"f charStyle-f47c836a ps2301\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2302_1\" style=\"width:136.03pt\"> de 29,26 d\u00edas y de 34,73 d\u00edas en </span><span class=\"f charStyle-f47c836a ps2303_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2304\" style=\"width:293.73pt\">. El desglose de los saldos de clientes por antig\u00fcedad se encuentra en la</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps2306_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.28pt\">Nota 14.2.</span></div><div class=\"ps2308_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.57pt\">4.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2307\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.69pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.62pt\">Riesgos medioambientales</span></div><div class=\"ps2309 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La lucha contra el cambio clim\u00e1tico y la protecci\u00f3n del entorno natural contin\u00faan siendo \u00e1mbitos prioritarios dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2310 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">compromiso del Grupo con la sostenibilidad y con la preservaci\u00f3n de los destinos tur\u00edsticos en los que opera. En l\u00ednea con la</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2311 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">hoja de ruta 2025\u20112027 y bajo el marco del programa Travel for Good, la Compa\u00f1\u00eda impulsa un modelo de gesti\u00f3n hotelera</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2312 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">eficiente y responsable, orientado a la reducci\u00f3n del impacto ambiental, al uso sostenible de los recursos y a la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2313 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">progresiva de criterios clim\u00e1ticos en la toma de decisiones. Asimismo, los riesgos derivados del cambio clim\u00e1tico \u2014y, en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2314 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">general, los principales riesgos ESG\u2014 forman parte del Mapa Global de Riesgos del Grupo, supervisado conforme al sistema de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2315 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.62pt\">gesti\u00f3n de riesgos basado en el modelo de tres l\u00edneas de defensa.</span></div><div class=\"ps2316 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En materia de mitigaci\u00f3n, la Compa\u00f1\u00eda desarrolla una estrategia orientada a la descarbonizaci\u00f3n progresiva de su modelo de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2317 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">negocio, sustentada en tres ejes: la optimizaci\u00f3n de consumos energ\u00e9ticos mediante sistemas avanzados de control y</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2318 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">monitorizaci\u00f3n; la migraci\u00f3n hacia fuentes de energ\u00eda renovables, incluyendo instalaciones fotovoltaicas y contratos con</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2319_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">garant\u00edas de origen; y la sensibilizaci\u00f3n de la cadena de valor para impulsar pr\u00e1cticas ambientales responsables en hoteles en</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2320_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">gesti\u00f3n y socios estrat\u00e9gicos. Estas medidas refuerzan la eficiencia operativa y contribuyen a reducir la exposici\u00f3n del Grupo a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2321 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.56pt\">riesgos regulatorios y econ\u00f3micos vinculados a la transici\u00f3n energ\u00e9tica.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En el \u00e1mbito de la adaptaci\u00f3n, Meli\u00e1 ha ampliado y profundizado su an\u00e1lisis de riesgos f\u00edsicos conforme a las recomendaciones</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">del Task Force on Climate-related Financial Disclosures (TCFD), extendiendo la evaluaci\u00f3n a todo el porfolio de hoteles en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">propiedad y alquiler e incorporando las metodolog\u00edas del nuevo marco regulatorio europeo. Como parte de la gesti\u00f3n a corto</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">plazo, la Compa\u00f1\u00eda ha desarrollado protocolos preventivos y planes de continuidad para hacer frente a eventos clim\u00e1ticos</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">extremos \u2014como precipitaciones intensas, huracanes o temperaturas extremas\u2014 fortaleciendo as\u00ed la resiliencia de sus</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:317.93pt\">operaciones y la protecci\u00f3n de los destinos tur\u00edsticos en los que est\u00e1 presente.</span></div><div class=\"ps1812 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgos geopol\u00edticos</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">A lo largo de 2025, el Grupo ha continuado desarrollando su actividad en un entorno internacional marcado por tensiones</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">geopol\u00edticas y cierta incertidumbre macroecon\u00f3mica. Los conflictos en Ucrania y Oriente Medio se han mantenido sin una</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">resoluci\u00f3n definitiva, en un contexto de persistencia de focos de tensi\u00f3n en el mundo. Adicionalmente el incremento de las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tensiones comerciales y arancelarias tras las medidas impuestas desde Estados Unidos han significado un cambio en las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.94pt\">relaciones comerciales establecida durante a\u00f1os.</span><span class=\"f charStyle-f47c836a ps2323_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Por otro lado, durante el ejercicio se ha mantenido un entorno complejo referente a las operaciones desarrolladas en Cuba. El</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">escenario geopol\u00edtico y macroecon\u00f3mico sigue siendo de una elevada incertidumbre, marcada por restricciones energ\u00e9ticas,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">limitaciones en la cadena de suministros y la volatilidad en la conectividad a\u00e9rea internacional, que se ha visto negativamente</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">afectada. En este sentido, la Compa\u00f1\u00eda ha reforzado sus capacidades operativas y de abastecimiento, asegurando el cuidado y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">experiencia de nuestros hu\u00e9spedes, teniendo en cuenta la situaci\u00f3n .La capacidad de abastecimiento energ\u00e9tico aut\u00f3nomo y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">las medidas preventivas tomadas han neutralizado cualquier riesgo que pudiera derivarse por cortes en el suministro</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">energ\u00e9tico o en el abastecimiento. El Grupo mantiene una monitorizaci\u00f3n constante de la situaci\u00f3n y ha desarrollado un</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:406.24pt\">conjunto de medidas preventivas para minimizar cualquier tipo de impacto derivado de la situaci\u00f3n.</span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Durante el ejercicio, estos factores no han tenido un impacto significativo en las reservas ni en la operativa del Grupo, al no</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">ser material su exposici\u00f3n en las \u00e1reas afectadas, limit\u00e1ndose su efecto al reconocimiento de una p\u00e9rdida por deterioro de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">14,6 millones de euros correspondiente a determinadas inversiones financieras (ver Notas 12 y 13.1), tras la actualizaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">su importe recuperable al cierre del ejercicio. Asimismo, el riesgo de contagio a otras regiones clave para la actividad tur\u00edstica</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:441.14pt\">se ha mantenido contenido, permitiendo que la evoluci\u00f3n del negocio se desarrollara conforme a lo previsto.</span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">No obstante, el entorno ha estado condicionado por episodios de volatilidad asociados al incremento de tensiones comerciales</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">y a la aplicaci\u00f3n de medidas arancelarias anteriormente mencionadas, lo que ha generado incertidumbre sobre la evoluci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2325 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">las cadenas globales de suministro y las presiones inflacionarias. Aunque el Grupo no tiene una exposici\u00f3n directa que pudiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impactar en la estructura de costes de forma significativa, los cambios en las pol\u00edticas comerciales y el incremento de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2327 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">aranceles de forma generalizada podr\u00eda afectar a las cadenas de suministro global, generando impactos potencialmente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2328 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">perjudiciales que aunque remotos son dif\u00edciles de prever. Durante el ejercicio, el Grupo ha realizado un seguimiento de la</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2329 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:233.18pt\">situaci\u00f3n, siguiendo los protocolos establecidos al efecto.</span></div><div class=\"ps2332 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:14.87pt\">4.8</span><span class=\"f charStyle-aa796863 ps2330_1\" style=\"width:5.23pt\">. </span><span class=\"f charStyle-aa796863 ps2331_1\" style=\"width:134.45pt\">Pol\u00edtica de gesti\u00f3n del capital</span></div><div class=\"ps1973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Los principales objetivos de la gesti\u00f3n de capital del Grupo son asegurar la estabilidad financiera a corto y largo plazo,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">garantizar la liquidez necesaria para la operativa corriente y las inversiones, la positiva evoluci\u00f3n del valor de las acciones de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2333 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.76pt\">Meli\u00e1 Hotels International S.A. y una adecuada remuneraci\u00f3n de los accionistas v\u00eda dividendo.</span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La situaci\u00f3n financiera est\u00e1 tambi\u00e9n respaldada por el s\u00f3lido apoyo de los bancos y la base de activos de la Compa\u00f1\u00eda.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">Actualmente, el 13,5% (15% al cierre del 2024) del total de la deuda </span><span class=\"f charStyle-f47c836a ps2334\" style=\"width:226.8pt\">corresponde a pr\u00e9stamos hipotecarios garantizados por</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:70.44pt\">activos del Grupo</span><span class=\"f charStyle-f47c836a ps2335\" style=\"width:3.3pt\">.</span></div><div class=\"ps2338_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:14.62pt\">4.9</span><span class=\"f charStyle-58d8bcbe ps2336\" style=\"width:2.77pt\"> </span><span class=\"f charStyle-aa796863 ps8282\" style=\"width:149.94pt\">Estimaciones de valor razonable</span></div><div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El valor razonable se define como el importe que puede ser recibido por vender un activo, o pagado por transferir un pasivo,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1928 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:352.32pt\">en una transacci\u00f3n ordenada entre participantes del mercado en la fecha de medici\u00f3n.</span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En cuanto a los activos y pasivos registrados a valor razonable en el Balance consolidado, se han definido los siguientes niveles</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2340_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:335.34pt\">de jerarqu\u00eda seg\u00fan las variables utilizadas en las diferentes t\u00e9cnicas de valoraci\u00f3n:</span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.83pt\">Nivel 1: Basada en precios cotizados en mercados activos</span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.33pt\">Nivel 2: Basada en otras variables observables en el mercado, de forma directa o indirecta</span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.76pt\">Nivel 3: Basada en variables no observables en el mercad</span><span class=\"f charStyle-f47c836a ps2341\" style=\"width:8.12pt\">o.</span><span class=\"f charStyle-f47c836a ps2342\" style=\"width:5.42pt\">\u00a0 </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.7pt\">Los importes contabilizados a valor razonable a </span><span class=\"f charStyle-f47c836a ps2343\" style=\"width:107.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2344\" style=\"width:199.33pt\"> seg\u00fan los niveles de jerarqu\u00eda se desglosan a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.88pt\">continuaci\u00f3n:</span></div><div class=\"ps2392 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss161_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:233.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss156_1\"><div><div class=\"ps2226 ss155_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2347_1 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2349 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2350_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2351 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2353 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3516 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2355 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2356 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps667_1 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2359_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2360_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6862 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2363_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2365_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">7.870</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3699 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14416 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2368_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2247_1\">621</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps436 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2371_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2372_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2373\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2376_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2377_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2379_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">214.978</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2380_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">216.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps292 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8419 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2381_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2382_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3579 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2383_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2384 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4060 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2385_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2387 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2389 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">2.375</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2390 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11048\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2391 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2393 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 1 se corresponden con instrumentos de patrimonio de empresas cotizadas,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">que son valorados a trav\u00e9s de precios observables en mercados activos.</span></div><div class=\"ps2395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 2 comprenden derivados financieros de tipo swap de tipos de inter\u00e9s y son</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2396_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">valorados por entidades financieras y expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n, principalmente por descuento</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2397_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.77pt\">de flujos de caja, basadas en datos observables en el mercado.</span></div><div class=\"ps2398_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las inversiones inmobiliarias incluidas en el nivel 3 son valoradas mediante t\u00e9cnicas de descuento de flujos de caja soportadas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2399 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">por estudios de expertos independientes y actualizaciones internas de las mismas. Tal como se indica en la Nota 11, se</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2400_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">incluyen en este ep\u00edgrafe inversiones realizadas por el Grupo para obtener rentas de alquiler o plusval\u00edas, en las que se</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">incluyen participaciones en apartamentos de tres comunidades de propietarios en Espa\u00f1a, un centro comercial en Am\u00e9rica y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2402_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">otros terrenos e inmuebles en Espa\u00f1a. Para la estimaci\u00f3n de los flujos de caja futuros se toman en cuenta tasas de crecimiento</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2403_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">esperadas, tanto de los precios de alquiler como de las explotaciones hoteleras, seg\u00fan sea el caso, as\u00ed como otras variables no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2404_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.62pt\">observables directamente.</span></div><div class=\"ps2405_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los activos y pasivos por derivados en cartera de negociaci\u00f3n incluidos en el Nivel 3 comprende a una opci\u00f3n de compra y a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2406_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">una de venta (esta \u00faltima embebida en un derecho de arrastre concedido) sobre participaciones en empresas propietarias de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2407_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hoteles gestionados por el Grupo. Para el c\u00e1lculo del valor de estos derivados, el Grupo se apoya en informes de experto</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2408_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.91pt\">independiente, ya sean sobre el valor del activo subyacente, o sobre el propio valor de las participaciones.</span></div><div class=\"ps2409_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:515.52pt\"><span style=\"background-color:inherit\">Finalmente, los Instrumentos de patrimonio no cotizados incluidos en el nivel 3 comprenden mayoritariamente participaciones</span></span><span class=\"f charStyle-5af4d000 ps1365_1\" style=\"width:2.71pt\"><span style=\"background-color:inherit\"> </span></span></div><div class=\"ps2411 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:351.39pt\"><span style=\"background-color:inherit\">minoritarias en sociedades propietarias de hoteles gestionados por el Grupo, las cuales</span></span><span class=\"f charStyle-f47c836a ps2410\" style=\"width:114.67pt\"> se detallan en la Nota 13.1.</span></div><div class=\"ps2412_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A efectos comparativos, se muestra, a continuaci\u00f3n, los saldos contabilizados en las diferentes jerarqu\u00edas de valoraci\u00f3n, a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2416_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.91pt\">cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps2413\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2414\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2415\" style=\"width:10.84pt\">\u00a0 \u00a0 </span></div><div class=\"ps2460 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:242.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss163_1\"><div><div class=\"ps2226 ss162_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11860 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2419_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2420 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2421 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3516 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2422 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2423 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11292 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps825 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2426 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2427_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7158 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2429_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">61</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2430_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.325</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2431_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.386</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1507 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2433_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2434_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss167_1\"><div><div class=\"ps2435_1 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2436_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2437_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15895 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2438\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2441 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2442 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2443 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">205.399</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2444 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">206.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2445 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9403 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2449 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2450_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps14778 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2452 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2453_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">9.200</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4922 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2454_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2456 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2457_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps14672\">3.667</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2458 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2459_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_37\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 5.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2461\"><span style=\"display:inline-block;height:11.34pt;width:9.06pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps2027_1\">Per\u00edmetro de Consolidaci\u00f3n</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las sociedades que forman el Grupo presentan cuentas anuales individuales de acuerdo con la normativa que les aplica de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:139.31pt\">acuerdo con el pa\u00eds donde operan.</span></div><div class=\"ps2464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.21pt\">El detalle de las sociedades pertenecientes al per\u00edmetro de consolidaci\u00f3n al </span><span class=\"f charStyle-f47c836a ps2462_1\" style=\"width:99.71pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2463\" style=\"width:104.65pt\"> se muestra en el Anexo 1</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2466 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.8pt\">y Anexo 2, clasificadas en entidades dependientes, entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps2465_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2467_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">La sociedad Meli\u00e1 Brasil Administra\u00e7ao, cuyo objeto social es la gesti\u00f3n de establecimientos hoteleros, explota varios hoteles</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2468 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">en r\u00e9gimen de gesti\u00f3n. Dado que los establecimientos en gesti\u00f3n son propiedades en condominio y no tienen entidad jur\u00eddica</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">para realizar la actividad de explotaci\u00f3n, Meli\u00e1 Brasil Administra\u00e7ao ha tenido que asumir la explotaci\u00f3n de dichos hoteles por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2470 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">cuenta de los titulares del condominio, dadas las exigencias de la normativa local. No se incluyen en la Cuenta de p\u00e9rdidas y</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">ganancias consolidada los ingresos y gastos derivados de la explotaci\u00f3n de estos establecimientos, sino tan solo los ingresos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:418.46pt\">provenientes de la gesti\u00f3n, ya que los riesgos y retornos de los mismos se reintegran a los condominios.</span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La sociedad tunecina Tryp Mediterranee, participada en un 85,4% por Meli\u00e1 Hotels International, S.A., se encuentra en proceso</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de disoluci\u00f3n, no incluy\u00e9ndose en el per\u00edmetro de consolidaci\u00f3n del Grupo al no ejercer \u00e9ste actualmente ning\u00fan tipo de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.89pt\">control ni influencia significativa en la misma durante este proceso.</span></div><div class=\"ps1709 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El Grupo tiene una participaci\u00f3n del 19,94% en las sociedades venezolanas El Recreo Plaza C.A. y El Recreo Plaza &amp; Cia. C.A. a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">trav\u00e9s de la participaci\u00f3n directa del 20% de su holding filial MIA Exhol, S.A. Por tanto, se aplica el m\u00e9todo de la participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:189.69pt\">ya que el Grupo ejerce influencia significativa.</span></div><div class=\"ps2472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las sociedades Ayosa Hoteles S.L., S\u2019Argamassa Hotelera, S.L. y Meli\u00e1 Hotels Orlando, LLC. son sociedades que consolidan por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">el m\u00e9todo de integraci\u00f3n global, a pesar de mantener \u00fanicamente el 50% de los derechos de voto o menos. Esto es debido a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">que el Grupo considera que tiene la capacidad de controlar los rendimientos variables de dichas entidades a trav\u00e9s de los</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:218.49pt\">contratos de gesti\u00f3n hotelera que mantiene con ellas.</span></div><div class=\"ps2474 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:15.69pt\">5.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2473_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:5.57pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.04pt\">Combinaciones de negocio</span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Con fecha 31 de mayo de 2025 la sociedad matriz del Grupo ha adquirido el 50% adicional de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">pasando a consolidarse esta sociedad por integraci\u00f3n global desde esa fecha. Dicha sociedad posee los derechos de explotaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">de un parque tur\u00edstico complementario a la actividad hotelera. El impacto derivado de dicha integraci\u00f3n en la cuenta de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2476 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.8pt\">resultados ha sido de 9,1 millones de euros positivos, recogido dentro de Otros resultados financieros.</span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Con fecha 15 de julio de 2025 la sociedad matriz del grupo Victoria Hotels &amp; Resorts (sociedad en la que el Grupo mantiene</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">una participaci\u00f3n del 7,5%) ha adquirido a un 50% de la sociedad Crisalian, S.L., sociedad propietaria y explotadora de un hotel</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">en Canarias. Fruto de esta operaci\u00f3n, esta sociedad pasa a consolidarse por el m\u00e9todo de integraci\u00f3n global. La operaci\u00f3n ha</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">dado lugar al reconocimiento de un fondo de comercio de 1,7 millones de euros y de unas reservas de participaciones no</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">dominantes de 32,2 millones de euros. La operaci\u00f3n ha generado un impacto positivo en la cuenta de resultados por importe</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:332.39pt\">de 0,7 millones de euros, registrado en el ep\u00edgrafe \u201cOtros resultados financieros\u201d.</span><span class=\"f charStyle-f47c836a ps2478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Por otro lado, durante 2025 la sociedad dependiente Ayosa Hoteles, S.L. ha adquirido por 2 millones de euros el 100% de las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">participaciones de Kimel MCA., S.L.U., para, posteriormente, absorberla mediante el m\u00e9todo de fusi\u00f3n impropia. Fruto de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1194 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">dicha operaci\u00f3n, la sociedad Kimel MCA., S.L.U., que previamente se consolidaba por el m\u00e9todo de la participaci\u00f3n, ha</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1195_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">causado baja en el per\u00edmetro de consolidaci\u00f3n, elimin\u00e1ndose la participaci\u00f3n por puesta en equivalencia sobre dicha sociedad</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2479_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">por 1,1 millones de euros (englobada dentro de la participaci\u00f3n en Evertmel, S.L.), con un impacto positivo neto de 0,1</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1926 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.41pt\">millones de euros en la cuenta de p\u00e9rdidas y ganancias.</span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En octubre de 2025 el Grupo ha adquirido por 0,4 millones de euros el 100% de las participaciones de Explotaciones Rosotel,</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.13pt\">S.L.U., sociedad arrendataria de cinco hoteles situados en territorio espa\u00f1ol y un sexto ubicado en el Principado de Andorra.</span><span class=\"f charStyle-f47c836a ps2480_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:271.45pt\">Los impactos de la integraci\u00f3n de las sociedades son los siguientes:</span></div><div class=\"ps2529 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:84.75pt\"></td><td style=\"padding:0;width:87pt\"></td><td style=\"padding:0;width:89.25pt\"></td><td style=\"padding:0;width:86.25pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss170_1\"><div><div class=\"ps2481_1 ss169_1\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2483_1 ss172_1\"><div><div class=\"ps2481_1 ss253\"><span class=\"f charStyle-28c2751e ps1792\">Crisalian, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2485 ss174_1\"><div><div class=\"ps2481_1 ss173_1\"><span class=\"f charStyle-28c2751e ps6037\">Kimel MCA, S.L.U,</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490_1 ss176_1\"><div><div class=\"ps2487 ss175_1\"><span class=\"f charStyle-28c2751e ps2486\">Explotaciones </span></div><div class=\"ps2489 ss175_1\"><span class=\"f charStyle-28c2751e ps2488\">Rosotel, S.L.U.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2493_1 ss178_1\"><div><div class=\"ps2487 ss177_1\"><span class=\"f charStyle-28c2751e ps1853\">Sierra Parima, </span></div><div class=\"ps2489 ss177_1\"><span class=\"f charStyle-28c2751e ps835\">S.A.S.</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"5\" style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps650 ss179_1\"><div><div class=\"ps958 ss121_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Balance</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activo no corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps877\">80.744</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2497_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">1.850</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2499_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2498_1\">1.158</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2501_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps2500_1\">15.695</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11591 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1436\">972</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2503 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.740</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2505 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps1929\">757</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2506_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">2.581</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8018 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivo no corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2508_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.624</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2510 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2509\">14</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2512 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2511\">0</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2513_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">5.104</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2514 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">4.491</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2515_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.364</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2516_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2498_1\">1.536</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2517 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">4.339</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"5\" style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps722 ss179_1\"><div><div class=\"ps958 ss121_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Cuenta de resultado</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15773 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado desde integraci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2519 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.262</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2520_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">1.759</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2522_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps14947\">(783)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2524_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps14926\">(3.823)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3546 ss185_1\"><div><div class=\"ps482 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado ejercicio completo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2525 ss615\"><div><div class=\"ps482 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.251</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2526_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.134</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2527 ss188_1\"><div><div class=\"ps482 ss175_1\"><span class=\"f charStyle-934a7fa2 ps14947\">(292)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2528_1 ss189_1\"><div><div class=\"ps482 ss177_1\"><span class=\"f charStyle-934a7fa2 ps14926\">(5.663)</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:186.23pt\"> no se produjeron combinaciones de negocios.</span></div><div class=\"ps2535_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.92pt\">5.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1549\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:144pt\">Otras variaciones de per\u00edmetro</span></div><div class=\"ps2031 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.11pt\">Durante el ejercicio </span><span class=\"f charStyle-f47c836a ps2536\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2537\" style=\"width:306.82pt\"> se han producido las siguientes variaciones del per\u00edmetro de consolidaci\u00f3n:</span></div><div class=\"ps2467_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:20.5pt\">Altas</span></div><div class=\"ps2538_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En el mes de abril se ha constituido la sociedad Meli\u00e1 Hotels International for Hotel Services LLC. participada por el Grupo en</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2539_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.54pt\">un 100%. Su objeto social es la gesti\u00f3n hotelera de establecimientos ubicados en Arabia Saud\u00ed.</span></div><div class=\"ps2540 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Por otra parte, se ha constituido la sociedad Hotelbetriebshorizonte Tramuntana GMBH en Alemania. Dicha sociedad es la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2541 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">arrendataria de un establecimiento hotelero situado en Alemania que ya venia siendo arrendado a trav\u00e9s de otra sociedad del</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1625_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span><span class=\"f charStyle-f47c836a ps2542_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2543 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Asimismo, el Grupo ha adquirido el 100% de las participaciones de la sociedad argentina Hospitality Group Sudam\u00e9rica, S.A.,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2544 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">integr\u00e1ndola por el m\u00e9todo de integraci\u00f3n global. Esta sociedad es la tenedora del 33,33% de las participaciones de otra</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2545 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:344.22pt\">sociedad adquirida en Argentina, Hotel Arroyo, S.A., comentada en esta misma nota.</span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el segundo semestre de 2025, adem\u00e1s, se ha constituido en Tailandia la sociedad Meli\u00e1 Siam Co. Ltd., derivada del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">compromiso comercial alcanzado con la entidad propietaria de los hoteles que el Grupo gestiona en la zona. La sociedad tiene</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:268.34pt\">por objeto la gesti\u00f3n y administraci\u00f3n de dichos establecimientos.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:415.27pt\">Estas operaciones no han supuesto impactos relevantes en las cuentas anuales consolidadas del Grupo.</span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Bajas</span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Durante el ejercicio 2025 se ha procedido la baja por venta de la sociedad Soici Nefsol, S.L.U., participada al 100% por Meli\u00e1 </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Hotels International, S.A. Por otra parte, se ha producido la disoluci\u00f3n de las sociedades Aparthotel Bosque, S.A. y\u00a0 Sol Meli\u00e1 </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Greece Hotels and Touristic Enterprises, S.A., ambas con una participaci\u00f3n en el Grupo consolidado del 100%.</span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Por otro lado, la sociedad Willet, S.L.U. se ha fusionado en 2025 con la sociedad Hotelpoint, S.L., ambas sociedades integradas </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">en el per\u00edmetro consolidado mediante el m\u00e9todo de integraci\u00f3n global. Asimismo, las sociedades Mongamenda, S.L.U. y </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Jamaica Devco, S.L., que ven\u00edan integr\u00e1ndose por el m\u00e9todo de puesta en equivalencia, han sido fusionadas en 2025 con </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Evertmel, S.L., que igualmente consolida mediante dicho m\u00e9todo. </span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Estas operaciones no han tenido impactos significativos para el Grupo.</span></div><div class=\"ps2548 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:345.14pt\">Variaci\u00f3n de participaci\u00f3n en entidades integradas por el m\u00e9todo de la participaci\u00f3n</span><span class=\"f charStyle-8dfb1947 ps2547\" style=\"width:2.71pt\"> </span></div><div class=\"ps2549 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el ejercicio 2025 el Grupo ha adquirido el 50% adicional de la sociedad Fourth Projects 2012, S.L., propietaria de un</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1975 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">hotel en Baleares, mediante la ejecuci\u00f3n de una opci\u00f3n de compra que ya estaba registrada en los estados financieros</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">consolidados a 31 de diciembre de 2024 para, posteriormente, permutarlo por una participaci\u00f3n minoritaria del 15,17% en la</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">sociedad TCME Hospitality and Leisure, S.L., propietaria indirectamente de un hotel en Catalu\u00f1a, operado por el Grupo bajo</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">un contrato de gesti\u00f3n. Fruto de esta operaci\u00f3n se ha mantenido una participaci\u00f3n del 50% sobre Fourth Project 2012, S.L</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1976 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">(modific\u00e1ndose los porcentajes de participaci\u00f3n directa e indirecta) y ha aflorado una participaci\u00f3n minoritaria de 15,9</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2551_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:312.78pt\">millones de euros en el ep\u00edgrafe de Instrumentos de patrimonio no cotizados.</span><span class=\"f charStyle-f47c836a ps2550\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:333.09pt\">Con fecha 30 de mayo de 2025 el Grupo ha adquirido por 21,2 millones de euros </span><span class=\"f charStyle-f47c836a ps2552\" style=\"width:182.32pt\"> el 30% de las participaciones de la sociedad</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Tertian XXI, S.L. (previamente participada al 100% por la sociedad asociada Producciones de Parques, S.L.), quien, a su vez, ha</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">adquirido el 100% de las participaciones de la sociedad Lierinto, S.L.U., incorpor\u00e1ndose esta sociedad en el consolidado del</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Grupo Meli\u00e1 por el m\u00e9todo de la participaci\u00f3n. Estas dos sociedades son propietarias de dos hoteles en Espa\u00f1a los cuales son</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.02pt\">explotados por el Grupo bajo r\u00e9gimen de arrendamiento desde el mes de junio.</span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Adem\u00e1s, se ha incorporado al per\u00edmetro de consolidaci\u00f3n la sociedad Hotel Arroyo S.A., participada en un 33% por la sociedad</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Hospitality Group Sudamerica, S.A., e\u00a0 integrada por el m\u00e9todo de puesta en equivalencia. Esta sociedad tiene como objeto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1615_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:233.29pt\">social el arrendamiento de un hotel situado en Argentina.</span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo ha incrementado su participaci\u00f3n un 0,56% en la Comunidad de Propietarios del hotel Meli\u00e1 Castilla y 0,16% en la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Comunidad de Propietarios del hotel Meli\u00e1 Costa del Sol, con la compra de dos apartamentos. Por otra parte, se ha adquirido</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">el 0,43% de acciones de la sociedad Plaza Puerta del Mar S.A. Estas operaciones no han supuesto impactos significativos en las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.5pt\">cuentas anuales consolidadas del Grupo.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947\"><span class=\"ps12591\" style=\"width:135.93pt\">Compra de intereses minoritarios<span style=\"display:inline-block;height:6.63pt;width:8.07pt\"></span></span></span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">En el primer semestre del ejercicio, el Grupo ha adquirido una participaci\u00f3n adicional a trav\u00e9s de la compra de tres</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.52pt\">apartamentos de la Comunidad de Propietarios del hotel Meli\u00e1 Sol y Nieve, incrementando su participaci\u00f3n en un 2,09%.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.01pt\">A efectos de comparaci\u00f3n se detallan las variaciones del </span><span class=\"f charStyle-f47c836a ps2556\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2557\" style=\"width:3.3pt\">:</span></div><div class=\"ps2032 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:188.67pt\">Compra del 50% de Melcom Joint Venture, S.L.</span></div><div class=\"ps2468 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">En el mes de abril de 2024, la sociedad matriz del grupo adquiri\u00f3 el 50% adicional de la sociedad Melcom Joint Venture, S.L.</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">por 66 millones de euros. Dicha sociedad es propietaria del 100% de las acciones de Pelicanos Property, S.L.U. y Bellver</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2470 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Property, S.L.U (integradas las 3 anteriormente por el m\u00e9todo de la participaci\u00f3n) y, en el momento de la operaci\u00f3n, tambi\u00e9n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:337.65pt\">del 50% de Adprotel Strand, S.L. (consolidada por el m\u00e9todo de integraci\u00f3n global).</span></div><div class=\"ps1841 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Fruto de esta operaci\u00f3n se increment\u00f3 la participaci\u00f3n en Adprotel Strand, S.L. hasta el 100% sin cambio de control, y las</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">sociedades Melcom Joint Venture, S.L., Pelicanos Property, S.L.U. y Bellver Property, S.L.U. pasaron a integrarse por el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">m\u00e9todo de integraci\u00f3n global. Estas sociedades son titulares de los contratos de arrendamiento de dos hoteles en Espa\u00f1a, ya</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">operados con anterioridad por Melia Hotels International, S.A. mediante contratos de arrendamiento. En consecuencia, las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">participaciones puestas en equivalencia disminuyeron en 19 millones de euros, se incorporaron activos y pasivos por importe</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1815 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de 158 millones de euros y 104 millones de euros, respectivamente, y se redujeron los intereses minoritarios en 28 millones de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:277.02pt\">euros, con un impacto positivo en reservas de 0,2 millones de euros.</span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:189.02pt\">Transmisi\u00f3n del 38,2% de Adprotel Strand, S.L.</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">En el mes de enero de 2024 se constituy\u00f3 la sociedad Mugolu, S.L. a la que, posteriormente, se le aportaron el 100% de las</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">participaciones de Adprotel Strand, S.L. tras la operaci\u00f3n con Melcom Joint Venture, S.L. anteriormente indicada. Tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">constituy\u00f3 la sociedad Cala Galdana Property, S.L.U. (anteriormente denominada Wamabe Iberia, S.L.), a la cual se le aport\u00f3</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:114.02pt\">el hotel Melia Cala Galdana.</span><span class=\"f charStyle-f47c836a ps2559\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Tras dicha aportaci\u00f3n, las sociedades Cala Galdana Property, S.L.U. e Inversiones Hoteleras La Jaquita, S.A., propietarias</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">respectivamente de los hoteles Melia Cala Galdana y Gran Melia Palacio de Isora, fueron a su vez aportadas a la sociedad</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Adprotel Strand, S.L., la cual realiz\u00f3 posteriormente una emisi\u00f3n de participaciones preferentes por 300 millones de euros</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1743_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:324.71pt\">para dar entrada a un nuevo socio en el 38,2% de su capital social (ver Nota 15).</span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:216.58pt\">Transmisi\u00f3n del 25% de Punta Cana Reservations, S.L.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En el mes de diciembre de 2024 el Grupo vendi\u00f3 por 63 millones de USD el 25% de la sociedad Punta Cana Reservations, S.L.,</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">sin p\u00e9rdida de control. Esta sociedad es propietaria del 100% de la sociedad Inversiones Areito, S.A., propietaria a su vez de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:474.28pt\">hoteles Paradisus Palma Real Golf &amp; SPA y Zel Punta Cana, situados ambos en la Rep\u00fablica Dominicana (ver Nota 15).</span></div><div class=\"ps2477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:20.5pt\">Altas</span></div><div class=\"ps1894 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:5.38pt\">C</span><span class=\"f charStyle-f47c836a ps2561\" style=\"width:510.03pt\">on fecha 1 de enero de 2024 se produjo la escisi\u00f3n de cinco sociedades mexicanas, lo que dio lugar a cinco nuevas sociedades</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157pt\">que integran globalmente en el Grupo.</span><span class=\"f charStyle-f47c836a ps2562\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1896_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En el mes de septiembre se constituy\u00f3 la sociedad Meli\u00e1 Hotels Albania, SH.P.K participada al 100% por el Grupo. Su objeto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">social es la prestaci\u00f3n de servicios de gesti\u00f3n a los establecimientos ubicados en el pa\u00eds. Esta operaci\u00f3n no supuso impactos</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1897 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:201.36pt\">relevantes en las cuentas consolidadas del Grupo.</span></div><div class=\"ps1854 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Bajas</span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">En el ejercicio 2024 se disolvi\u00f3 la sociedad Sol Melia Europe, B.V, participada al 100% por Meli\u00e1 Hotels International, S.A. Esta</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:227.61pt\">operaci\u00f3n no tuvo impactos significativos para el Grupo.</span></div><div class=\"ps2563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:392.98pt\">Adquisici\u00f3n de participaci\u00f3n adicional en entidades integradas por el m\u00e9todo de la participaci\u00f3n</span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El Grupo increment\u00f3 su participaci\u00f3n un 1,07% en la Comunidad de Propietarios del hotel Meli\u00e1 Castilla con la compra de diez</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:419.91pt\">apartamentos. Esta operaci\u00f3n no supuso impactos significativos en los Estados financieros consolidados.</span></div><div class=\"ps1274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Por otra parte, tambi\u00e9n se adquirieron dos apartamentos de la Comunidad de Propietarios del hotel Meli\u00e1 Costa del Sol,</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1275_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:227.11pt\">incrementando la participaci\u00f3n del Grupo en un 0,329%.</span></div><div class=\"ps2564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:377.18pt\">Estas operaciones no tuvieron impactos significativos en los Estados financieros consolidados.</span></div><div class=\"ps2565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.91pt\">5.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1813_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.35pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:122.68pt\">Cambios de denominaci\u00f3n</span></div><div class=\"ps2566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:190.35pt\"> no ha habido ning\u00fan cambio de denominaci\u00f3n.</span></div><div class=\"ps1981 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En el ejercicio 2024 la sociedad Wamabe Iberia, S.L., constituida durante dicho ejercicio, pas\u00f3 a denominarse Cala Galdana</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:65.32pt\">Property, S.L.U.</span></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_40\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps609 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 6.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2567\"><span style=\"display:inline-block;height:11.34pt;width:1.25pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Informaci\u00f3n Financiera por Segmentos</span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Los segmentos comentados a continuaci\u00f3n constituyen la estructura organizativa de la empresa y sus resultados son revisados</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.35pt\">por la m\u00e1xima autoridad de la toma de decisiones del Grupo:</span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">Gesti\u00f3n hotelera: corresponde a los ingresos por honorarios recibidos por la explotaci\u00f3n de hoteles en r\u00e9gimen de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">gesti\u00f3n y franquicia. Adem\u00e1s, incluye los cargos intergrupo a los hoteles del Grupo en r\u00e9gimen de propiedad y alquiler,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:212.13pt\">as\u00ed como otros servicios, tales como comisiones. </span><span class=\"f charStyle-f47c836a ps2568\" style=\"width:274.98pt\">En el ejercicio 2025, y debido a la evoluci\u00f3n del negocio y del</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">producto, la informaci\u00f3n correspondiente al club vacacional se integra en la Divisi\u00f3n hotelera, dentro de este</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:282.09pt\">segmento, consider\u00e1ndose como un canal estrat\u00e9gico de distribuci\u00f3n,</span><span class=\"f charStyle-f47c836a ps2569_1\" style=\"width:205.18pt\"> reflejando los resultados derivados de la venta de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:324.63pt\">derechos de uso compartido de unidades espec\u00edficas de complejos vacacionales.</span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">Negocio hotelero: se recogen en este segmento los resultados obtenidos por la explotaci\u00f3n de las unidades hoteleras en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">propiedad o alquiler del Grupo. Asimismo, se presentan los ingresos producidos en el \u00e1mbito de la restauraci\u00f3n por la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.13pt\">consideraci\u00f3n de esta actividad como una fuente de ingresos integrada plenamente en la explotaci\u00f3n hotelera, debido a</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">la venta mayoritaria de paquetes conjuntos cuyo precio incluye alojamiento y comida y que har\u00edan impracticable una</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:200.33pt\">segmentaci\u00f3n real de activos y pasivos asociados.</span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">Otros negocios vinculados a la gesti\u00f3n hotelera: en este segmento se incluyen ingresos adicionales del negocio hotelero,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:183.87pt\">como casinos o actividades de touroperaci\u00f3n.</span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">Real Estate: incluye las plusval\u00edas por rotaci\u00f3n de activos, as\u00ed como las actividades de promoci\u00f3n y explotaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1817 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">inmobiliaria. Asimismo, incluye los ingresos y gastos procedentes de la variaci\u00f3n de valor razonable de las inversiones</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1818 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:54.97pt\">inmobiliarias.</span></div><div class=\"ps1819 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">Corporativos: corresponde a costes de estructura, resultados ligados a la mediaci\u00f3n y comercializaci\u00f3n de reservas de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.25pt\">habitaciones y servicios tur\u00edsticos, as\u00ed como costes corporativos del Grupo no asignables a ninguna de las tres divisiones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1920 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:162.61pt\">de negocio mencionadas anteriormente.</span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La segmentaci\u00f3n de Meli\u00e1 Hotels International se explica por la diversificaci\u00f3n de operaciones existente en la Compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.86pt\">basada en los \u00e1mbitos de gesti\u00f3n hotelera, explotaci\u00f3n hotelera e inmobiliario.</span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Determinados ep\u00edgrafes en los cuadros de segmentaci\u00f3n de negocios y segmentaci\u00f3n geogr\u00e1fica se presentan de forma</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:382.99pt\">agregada ante la imposibilidad de separar la misma en los diferentes segmentos especificados.</span></div><div class=\"ps2328 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Las pol\u00edticas de fijaci\u00f3n de precios de transferencia aplicadas por la Compa\u00f1\u00eda en las operaciones entre las distintas</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2329 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.66pt\">sociedades del Grupo se establecen de forma similar a las transacciones realizadas con terceros.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.13pt\">6.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2571\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:5.13pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:179.97pt\">Informaci\u00f3n por segmentos operativos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Asimismo, se presenta detalle del comparativo del ejercicio 2024 de acuerdo a la reclasificaci\u00f3n indicada anteriormente. La</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">segmentaci\u00f3n de la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio 2025 y de las l\u00edneas del Balance consolidado al 31</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.79pt\">de diciembre de 2025, referidas a la explotaci\u00f3n, se ofrece en el siguiente cuadro:</span></div><div class=\"ps2773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss64 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:143.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11620 ss191_1\"><div><div class=\"ps652 ss190_1\"><span class=\"f charStyle-adfefda9 ps2573_1\">Divisi\u00f3n hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11623 ss193_1\"><div><div class=\"ps2575_1 ss744\"><span class=\"f charStyle-adfefda9 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11625 ss195_1\"><div><div class=\"ps2577_1 ss194_1\"><span class=\"f charStyle-adfefda9 ps2576\">Gesti\u00f3n </span></div><div class=\"ps2578_1 ss194_1\"><span class=\"f charStyle-adfefda9 ps477_1\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2582 ss197_1\"><div><div class=\"ps2577_1 ss110\"><span class=\"f charStyle-adfefda9 ps2580_1\">Negocio </span></div><div class=\"ps2578_1 ss110\"><span class=\"f charStyle-adfefda9 ps2581_1\">hotelero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2589_1 ss197_1\"><div><div class=\"ps2584 ss110\"><span class=\"f charStyle-adfefda9 ps6055\">Otros neg. </span></div><div class=\"ps2586_1 ss110\"><span class=\"f charStyle-adfefda9 ps2585_1\">vin.gesti\u00f3n </span></div><div class=\"ps2588_1 ss110\"><span class=\"f charStyle-adfefda9 ps2587\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2591_1 ss36_1\"><div><div class=\"ps2575_1 ss13_1\"><span class=\"f charStyle-adfefda9 ps14835\">Real Estate</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2593_1 ss199_1\"><div><div class=\"ps2575_1 ss198_1\"><span class=\"f charStyle-adfefda9 ps2592\">Corporativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2595_1 ss201_1\"><div><div class=\"ps2575_1 ss137\"><span class=\"f charStyle-adfefda9 ps2594\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2598_1 ss36_1\"><div><div class=\"ps2577_1 ss13_1\"><span class=\"f charStyle-adfefda9 ps2596\">Saldo </span></div><div class=\"ps2578_1 ss13_1\"><span class=\"f charStyle-adfefda9 ps2597_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2495 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">CUENTA DE RESULTADOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps2502 ss204_1\"><div><div class=\"ps2599 ss744\"><span class=\"f charStyle-df66f676 ps267\">Ingresos Operativos y plusval\u00edas </span></div><div class=\"ps2600_1 ss744\"><span class=\"f charStyle-df66f676 ps267\">inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2604_1 ss205_1\"><div><div class=\"ps2603 ss194_1\"><span class=\"f charStyle-436d5c0f ps2035\">562.932</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2606_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.818.434</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2608_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">94.394</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2610_1 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">28.755</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11270 ss208_1\"><div><div class=\"ps2603 ss198_1\"><span class=\"f charStyle-436d5c0f ps1810\">176.116</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9285 ss832\"><div><div class=\"ps2603 ss137\"><span class=\"f charStyle-436d5c0f ps15001\">(584.079)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2615_1 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">2.096.552</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5066 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Gastos Operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2618 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps2155\">(402.465)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2619\">(1.325.386)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2622_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2621_1\">(88.325)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2624_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2874\">(9.979)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2626_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps6115\">(237.473)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2628 ss138\"><div><div class=\"ps652 ss137\"><span class=\"f charStyle-436d5c0f ps2627\">584.079</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2630 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1388\">(1.479.548)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11198 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDAR</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2633 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-baa7c097 ps2632\">160.467</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2635 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">493.048</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2637 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps2636\">6.069</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2638_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps2196_1\">18.776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2640_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-baa7c097 ps1420\">(61.356)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2642 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">617.004</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8247 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2645 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps11118\">188</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2646_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2621_1\">(53.319)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2648_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2647_1\">(261)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2649 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(53.392)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2650_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2651_1 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-baa7c097 ps2632\">160.655</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2652_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">439.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2653 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps2636\">5.808</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2654_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps2196_1\">18.776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2655 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-baa7c097 ps1420\">(61.356)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2656_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">563.612</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1299 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Amortizaciones y deterioros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2659 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps2658\">(3.257)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2661 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2011\">(233.731)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2663 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2662\">(3.330)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2664_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2874\">(2.380)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2666_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps6113\">(17.406)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2668_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(260.103)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6202 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">EBIT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2669_1 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-baa7c097 ps2632\">157.398</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2670_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">205.998</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2671_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps2636\">2.478</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2672 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps2196_1\">16.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7877 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-baa7c097 ps1420\">(78.762)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2674 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">303.508</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6083 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Resultado Financiero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2676 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(73.815)</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps15516 ss204_1\"><div><div class=\"ps2603 ss744\"><span class=\"f charStyle-df66f676 ps267\">Rdo. Entidades Asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2678_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">39.391</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2680_1 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps2950\">(190)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2682_1 ss208_1\"><div><div class=\"ps2603 ss198_1\"><span class=\"f charStyle-436d5c0f ps2681\">(2.849)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2683 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">36.352</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9436 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. antes de impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2685_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">266.045</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15074 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2687_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(65.799)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps15901 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">RESULTADO CONSOLIDADO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2689_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-adfefda9 ps1396\">200.246</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2692 ss210_1\"><div><div class=\"ps2690 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">RESULTADO ATRIBUIDO A SOCIEDAD </span></div><div class=\"ps2691_1 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">DOMINANTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2693_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">170.069</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps381 ss204_1\"><div><div class=\"ps2603 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. atribuido a minoritarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2696 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-baa7c097 ps6233\">(30.177)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2789 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">ACTIVOS y PASIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2698 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Inmovilizado material e intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2700 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps14358\">69.806</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2701_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.546.120</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2702_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps9393\">9.287</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2703 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">18.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2704_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps1810\">135.284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2705_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.779.158</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2706_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Derechos de uso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2707 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps11118\">439</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2708_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.473.044</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2709 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps9393\">1.358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2711 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1813\">892</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2712_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.475.734</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5248 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Inversiones entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2715_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">208.622</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2717_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">6.094</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2719_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps2718_1\">39.140</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2721_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">253.856</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2722 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros activos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2723_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">561.498</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5176 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Activos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2725 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps2035\">349.686</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2726_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-df66f676 ps1800\">161.536</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2727 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">28.838</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2728_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">4.904</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2729 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-df66f676 ps1810\">279.411</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2730_1 ss138\"><div><div class=\"ps652 ss137\"><span class=\"f charStyle-436d5c0f ps15001\">(545.426)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2731 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">278.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2732_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros activos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2733 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">305.834</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps4815 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2736_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-adfefda9 ps2735_1\">4.655.030</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2737 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Deuda financiera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2740_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2739_1\">1.011.066</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2741_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros Pasivos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2743_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">476.599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2744 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Pasivos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2746 ss211_1\"><div><div class=\"ps2738_1 ss194_1\"><span class=\"f charStyle-73501845 ps2745\">330.114</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2748 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2747\">405.666</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2750 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps11330\">41.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2752 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2751\">874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2754 ss213_1\"><div><div class=\"ps2738_1 ss198_1\"><span class=\"f charStyle-73501845 ps2872\">157.714</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2756_1 ss138\"><div><div class=\"ps2738_1 ss137\"><span class=\"f charStyle-73501845 ps2755\">(412.938)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2757_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">523.428</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2758_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros Pasivos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2760_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2759_1\">41.226</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps421_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2762_1 ss211_1\"><div><div class=\"ps2738_1 ss194_1\"><span class=\"f charStyle-73501845 ps960\">483</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2764 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps7142\">1.416.564</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2766_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2765\">1.469</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2767 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2751\">780</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2769_1 ss213_1\"><div><div class=\"ps2738_1 ss198_1\"><span class=\"f charStyle-73501845 ps11824\">2.990</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2770 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2739_1\">1.422.285</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2771_1 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL PASIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2772 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-adfefda9 ps2735_1\">3.474.603</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Dentro de los ingresos del segmento de Gesti\u00f3n hotelera, se registran 172 millones de euros en concepto de honorarios de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2775_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">gesti\u00f3n, de los cuales 14,5 millones se han realizado con entidades asociadas y negocios conjuntos.\u00a0 Se incluyen, adem\u00e1s, los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2776 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ingresos asociados al club vacacional (ver Nota 7.1). El resto de los ingresos corresponden, principalmente, a comisiones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.79pt\">venta.</span></div><div class=\"ps2778 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Por otra parte, dentro de Otros negocios vinculados a la gesti\u00f3n hotelera, se incluyen 31,4 millones de euros de ingresos por</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2779_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.65pt\">facturaciones intragrupo al segmento del negocio hotelero.</span></div><div class=\"ps2780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En los ingresos de explotaci\u00f3n del segmento de Real Estate (o Gesti\u00f3n de activos), se incluyen ingresos 11 millones de euros</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2781_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">referentes a la variaci\u00f3n de valor razonable de las inversiones inmobiliarias (ver Nota 11), as\u00ed como 7,9 millones de euros</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:305.36pt\">procedentes de una venta de terrenos escriturados en Brasil (ver Nota 2.4).</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En el Inmovilizado material, dentro del negocio hotelero, se registraron altas por obras y reformas en hoteles por un total de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">125,9 millones de euros, as\u00ed como 80,1 millones de euros correspondientes a la incorporaci\u00f3n al per\u00edmetro consolidado de la</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:153.01pt\">sociedad Crisalian, S.L. (ver Nota 10).</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En cuanto a las eliminaciones realizadas durante el ejercicio, cabe destacar las facturaciones intersegmento por honorarios de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">gesti\u00f3n y comisiones por valor de 292,8 millones de euros. Las prestaciones de servicios a servicios corporativos han supuesto</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">156,4 millones de euros. Por otra parte, las eliminaciones de los gastos de explotaci\u00f3n corresponden, principalmente, al</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.24pt\">negocio hotelero por un valor de 318 millones de euros.</span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">La segmentaci\u00f3n de la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio 2024 y de las l\u00edneas de Balance consolidado al</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:346.92pt\">31 de diciembre de 2024, referidas a la explotaci\u00f3n, se ofrece en el siguiente cuadro:</span></div><div class=\"ps2933 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss234_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:156pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:48.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps10811 ss217_1\"><div><div class=\"ps2785_1 ss216_1\"><span class=\"f charStyle-ac1283de ps2784_1\">Divisi\u00f3n hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11623 ss219_1\"><div><div class=\"ps2787 ss358\"><span class=\"f charStyle-ac1283de ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps10815 ss36_1\"><div><div class=\"ps2789_1 ss13_1\"><span class=\"f charStyle-ac1283de ps2788\">Gesti\u00f3n </span></div><div class=\"ps2791_1 ss13_1\"><span class=\"f charStyle-ac1283de ps6342\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2795_1 ss36_1\"><div><div class=\"ps2789_1 ss13_1\"><span class=\"f charStyle-ac1283de ps11655\">Negocio </span></div><div class=\"ps2791_1 ss13_1\"><span class=\"f charStyle-ac1283de ps2794_1\">hotelero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2800_1 ss36_1\"><div><div class=\"ps2797_1 ss13_1\"><span class=\"f charStyle-ac1283de ps14864\">Otros neg. </span></div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2157\">vin.gesti\u00f3n </span></div><div class=\"ps2799 ss13_1\"><span class=\"f charStyle-ac1283de ps6342\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2002_1 ss36_1\"><div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2801\">Real Estate</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2803_1 ss36_1\"><div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2802\">Corporativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2805_1 ss36_1\"><div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2804_1\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2808 ss197_1\"><div><div class=\"ps2789_1 ss110\"><span class=\"f charStyle-ac1283de ps11763\">Saldo </span></div><div class=\"ps2791_1 ss110\"><span class=\"f charStyle-ac1283de ps2807\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2495 ss221_1\"><div><div class=\"ps2785_1 ss220_1\"><span class=\"f charStyle-ac1283de ps267\">CUENTA DE P\u00c9RDIDAS Y GANANCIAS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"padding:0\"><div class=\"ps2502 ss369\"><div><div class=\"ps2809_1 ss358\"><span class=\"f charStyle-df66f676 ps267\">Ingresos Operativos y plusval\u00edas inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2810 ss223_1\"><div><div class=\"ps2809_1 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">502.938</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2811_1 ss223_1\"><div><div class=\"ps2809_1 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.751.291</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2812_1 ss223_1\"><div><div class=\"ps2809_1 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">100.385</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2814_1 ss223_1\"><div><div class=\"ps2813 ss13_1\"><span class=\"f charStyle-73501845 ps2759_1\">57.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2815 ss223_1\"><div><div class=\"ps2813 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">147.727</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2817 ss223_1\"><div><div class=\"ps2813 ss13_1\"><span class=\"f charStyle-73501845 ps2816\">(503.909)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2818_1 ss118\"><div><div class=\"ps2813 ss110\"><span class=\"f charStyle-73501845 ps7142\">2.056.282</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9286 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Gastos Operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2819 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(357.705)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2820_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1388\">(1.263.774)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2821_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(94.951)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2822 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(14.493)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2823_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2816\">(214.765)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2824 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">503.909</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2826 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps1967\">(1.441.779)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5284 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDAR</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2827_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">145.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2828_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">487.517</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2830 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps11184\">5.434</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2831_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2759_1\">43.358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2832_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2581_1\">(67.038)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2833_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">614.504</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps851 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2834_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(38.825)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2835_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2035\">(323)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2837_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(39.149)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6161 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2838_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">145.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2839 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">448.692</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2840_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps11184\">5.110</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2841_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2759_1\">43.358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2842_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2581_1\">(67.038)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2843_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">575.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5288 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Amortizaciones y deterioros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2845_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2874\">(2.888)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2846 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(217.615)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2848_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1225\">(1.004)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2849_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2035\">(558)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2850_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(19.827)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2852_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2851_1\">(241.892)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5290 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">EBIT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2853_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">142.345</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2854_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">231.076</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2855_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps11184\">4.107</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2856_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2759_1\">42.800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2857_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2581_1\">(86.865)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2858 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">333.463</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5292 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Resultado Financiero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2859_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(98.059)</span></div></div></div></td></tr><tr style=\"height:23.25pt\"><td style=\"padding:0\"><div class=\"ps6293 ss226_1\"><div><div class=\"ps2860 ss358\"><span class=\"f charStyle-df66f676 ps267\">Rdo. Entidades Asociadas y negocios conjuntos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2861_1 ss227_1\"><div><div class=\"ps2860 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">12.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2863_1 ss227_1\"><div><div class=\"ps2862_1 ss13_1\"><span class=\"f charStyle-73501845 ps1225\">(3.459)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2864_1 ss227_1\"><div><div class=\"ps2862_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(19.943)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2865_1 ss228_1\"><div><div class=\"ps2862_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(10.980)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2866 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. antes de impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2867_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">224.424</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5234 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2869_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(62.383)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps10900 ss221_1\"><div><div class=\"ps652 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">RESULTADO CONSOLIDADO</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2871_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-0af124ae ps2747\">162.041</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2872 ss225_1\"><div><div class=\"ps2690 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">RESULTADO ATRIBUIDO A SOCIEDAD </span></div><div class=\"ps2691_1 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">DOMINANTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2873_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">140.626</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps15375 ss359\"><div><div class=\"ps2603 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. atribuido a minoritarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2876_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-baa7c097 ps2875\">(21.415)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps9494 ss221_1\"><div><div class=\"ps652 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">ACTIVOS y PASIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9504 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Inmovilizado material e intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2878_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">80.768</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2879 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.477.721</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2880_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">8.472</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2881 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">7.510</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2882_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">128.248</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2883 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.702.719</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2884_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Derechos de uso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2885 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1813\">917</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2886_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.514.384</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2887_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2888 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.540</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2889_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.517.855</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2890 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Inversiones entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2891_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">151.713</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2892_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">6.087</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2893_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">49.077</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2894_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">206.876</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2895 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros activos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2896_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">582.477</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15955 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Activos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2897_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">274.483</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2898_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-df66f676 ps2609_1\">61.373</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2899_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">19.191</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2900_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">7.400</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2901_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-df66f676 ps2720_1\">539.975</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2902 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(604.954)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2903_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">297.468</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1650 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros activos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2905_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">274.391</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5179 ss230_1\"><div><div class=\"ps2906 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2909_1 ss231_1\"><div><div class=\"ps2906 ss110\"><span class=\"f charStyle-44d43412 ps2908_1\">4.581.787</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2910_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Deuda financiera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2911 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">943.963</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2912_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros pasivos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2913_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">580.424</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2914_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Pasivos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2915_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">318.586</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2916_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">406.142</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2917_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">39.813</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2918_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">3.090</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2919_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">138.574</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2920 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(432.822)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2921_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">473.383</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2922 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros pasivos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2923_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">50.208</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2924_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2925_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2926 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.456.459</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2927_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2928 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.819</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2929_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">3.520</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2930_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.463.933</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7761 ss232_1\"><div><div class=\"ps321 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2932_1 ss233_1\"><div><div class=\"ps321 ss110\"><span class=\"f charStyle-44d43412 ps2908_1\">3.511.910</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2934_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Dentro de los ingresos del segmento de Gesti\u00f3n hotelera, se registraron 168 millones de euros en concepto de honorarios de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2935 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">gesti\u00f3n, de los cuales 14,9 millones se realizaron con entidades asociadas y negocios conjuntos. Se incluyeron, adem\u00e1s, los</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2936_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">ingresos asociados al club vacacional (ver Nota 7.1). El resto de los ingresos correspondieron a comisiones de venta,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:64.4pt\">principalmente.</span></div><div class=\"ps2938_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Por otra parte, dentro de Otros negocios vinculados a la gesti\u00f3n hotelera, se incluyeron 62,3 millones de euros de ingresos por</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.65pt\">facturaciones intragrupo al segmento del negocio hotelero.</span><span class=\"f charStyle-f47c836a ps2939\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En los ingresos de explotaci\u00f3n del segmento de Real Estate (o Gesti\u00f3n de activos), se incluyeron ingresos por 39,9 millones de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:388.18pt\">euros referentes a la variaci\u00f3n de valor razonable de las inversiones inmobiliarias (ver Nota 11).</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el Inmovilizado material, dentro del segmento hotelero, se registraron altas por obras y reformas en hoteles por un total de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.91pt\">54,1 millones de euros (ver Nota 10).</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">En cuanto a las eliminaciones realizadas durante el ejercicio 2024, cabe destacar las facturaciones intersegmento por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">honorarios de gesti\u00f3n y comisiones por valor de 254,8 millones de euros. Las prestaciones de servicios corporativos fueron de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:98.84pt\">127,8 millones de euros.</span><span class=\"f charStyle-b914b620 ps2941\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Por otra parte, las eliminaciones de los gastos de explotaci\u00f3n del ejercicio 2024 que correspondieron, principalmente, al</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.03pt\">negocio hotelero, ascendieron a 312,5 millones de euros.</span></div><div class=\"ps1706 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">6.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:159.54pt\">Informaci\u00f3n por \u00e1reas geogr\u00e1ficas</span></div><div class=\"ps1707 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">La informaci\u00f3n por segmentos operativos constituye el formato que mejor representa la informaci\u00f3n financiera del Grupo,</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">facilitando la comprensi\u00f3n de los rendimientos obtenidos y el seguimiento anual. As\u00ed mismo, a continuaci\u00f3n, se desglosan por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">volumen de ingresos y activos las diferentes \u00e1reas geogr\u00e1ficas en funci\u00f3n de los pa\u00edses en los que se ubican las unidades</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1915_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.78pt\">generadoras de efectivo, a trav\u00e9s de las que el Grupo desarrolla su actividad (ver Nota 1):</span><span class=\"f charStyle-f47c836a ps2942_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2970 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:153.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2944 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps11186\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2946 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1312\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4838 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2947\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2950 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1968\">ASIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2952_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2951\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2954_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps2953_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss239_1\"><div><div class=\"ps568 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos Operativos y plusval\u00edas </span></div><div class=\"ps570 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2956_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.360.258</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11331 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2957\">503.912</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2959_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2957\">654.485</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2961_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2960\">9.161</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2962 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-f47c836a ps633\">(431.264)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">2.096.552</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-934a7fa2 ps267\">Total Activo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2964_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.789.820</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2965_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.705.003</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2966 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.138.018</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2968 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">22.188</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2969 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">4.655.029</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2971 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) EMEA (Europe, Middle East, \u00c1frica) : Incluye las zonas de \u00c1frica, Oriente Medio y Europa excluida Espa\u00f1a</span></div><div class=\"ps2972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las facturaciones intragrupo realizadas entre los distintos segmentos geogr\u00e1ficos ascendieron a 431,3 millones de euros,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:448.39pt\">correspondiendo 316,9 millones a Espa\u00f1a, 78,2 millones a EMEA, 31,5 millones a Am\u00e9rica y 4,7 millones a Asia.</span></div><div class=\"ps2974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En cuanto a los ingresos operativos por pa\u00edses, destacaron Rep\u00fablica Dominicana con 348 millones de euros y M\u00e9xico con 210</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps2975_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">millones en el segmento de Am\u00e9rica. En el segmento de EMEA, Alemania, Italia y Reino Unido aportaron 160, 88 y 67 millones</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2976_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.76pt\">de euros respectivamente.</span></div><div class=\"ps2977_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Asimismo, en la l\u00ednea de Total de activos destaca la aportaci\u00f3n de M\u00e9xico con 414 millones de euros, as\u00ed como Rep\u00fablica</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2978_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Dominicana con 382 millones de euros, en el ep\u00edgrafe de Am\u00e9rica. En el segmento EMEA son rese\u00f1ables las aportaciones del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2980 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:303.13pt\">Reino Unido y Alemania con 579 y 371 millones de euros, respectivamente.</span><span class=\"f charStyle-f47c836a ps2979\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:347.38pt\">A efectos comparativos se presentan los saldos correspondientes al ejercicio anterior:</span><span class=\"f charStyle-f47c836a ps2981\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2983 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:153.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2944 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps11186\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2946 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1312\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4838 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2947\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2950 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1968\">ASIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2952_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2951\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2954_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps2953_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss239_1\"><div><div class=\"ps568 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos Operativos y plusval\u00edas </span></div><div class=\"ps570 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2956_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">1.215.488</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11331 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2957\">508.456</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2959_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2957\">710.515</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2961_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps11561\">10.116</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2962 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-f47c836a ps633\">(388.294)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">2.056.282</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-934a7fa2 ps267\">Total Activo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2964_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">2.076.637</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2965_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">1.449.432</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2966 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">1.046.992</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2968 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2960\">8.725</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2969 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">4.581.787</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2984 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) EMEA (Europe, Middle East, \u00c1frica) : Incluye las zonas de \u00c1frica, Oriente Medio y Europa excluida Espa\u00f1a</span></div><div class=\"ps2986 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las facturaciones intragrupo realizadas entre los distintos segmentos geogr\u00e1ficos ascendieron a 388,3 millones de euros,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2987 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:448.39pt\">correspondiendo 250,2 millones a Espa\u00f1a, 62,7 millones a EMEA, 72,5 millones a Am\u00e9rica y 2,9 millones a Asia.</span></div><div class=\"ps2988 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En cuanto a los ingresos operativos por pa\u00edses, destacaron M\u00e9xico con 282 millones de euros y Rep\u00fablica Dominicana con 335</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2989_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">millones en el segmento de Am\u00e9rica. En el segmento de EMEA, Alemania, Italia y Reino Unido aportaron aport\u00f3 202, 96 y 94</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2990_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:144.07pt\">millones de euros respectivamente.</span></div><div class=\"ps2992_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:384.81pt\">Asimismo, en la l\u00ednea de Total de activos destac\u00f3 la aportaci\u00f3n de Rep\u00fablica Dominicana con </span><span class=\"f charStyle-f47c836a ps2991\" style=\"width:130.68pt\">438 millones de euros, as\u00ed como</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2993_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">M\u00e9xico con 426,6 millones de euros, en el ep\u00edgrafe de Am\u00e9rica. En el segmento EMEA fueron rese\u00f1ables las aportaciones del</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2995_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.15pt\">Reino Unido y Alemania con 616,3 y 405,3 millones de euros, respectivamente.</span><span class=\"f charStyle-f47c836a ps2994\" style=\"width:5.42pt\">\u00a0 </span></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_43\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 7.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2996\"><span style=\"display:inline-block;height:11.34pt;width:2.65pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Ingresos y Gastos</span></div><div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2997\"><span style=\"display:inline-block;height:6.8pt;width:5.98pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Ingresos operativos y plusval\u00edas de inmovilizado</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El desglose del saldo de este ep\u00edgrafe por su naturaleza en la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">2025</span><span class=\"f charStyle-f47c836a ps8620\"> y </span><span class=\"f charStyle-f47c836a ps3000_1\">2024</span><span class=\"f charStyle-f47c836a ps3001\"> es el siguiente: </span></div><div class=\"ps3025 ss0_2\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3005\">1.255.528</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3005\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ventas comida y bebida</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">459.315</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">446.457</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos otros negocios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">40.893</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">46.371</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Honorarios gesti\u00f3n hotelera</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">72.265</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">74.283</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">93.461</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3015_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">82.069</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos inmobiliarios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.643</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3017_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">13.919</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Plusval\u00edas de inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps914 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">18.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3018_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">43.496</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">147.477</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3020_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">155.084</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5288 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3021\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3023_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps14369\">2.096.552</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3024_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps14369\">2.056.282</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3026 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo ha registrado unos ingresos por Plusval\u00edas de inmovilizado de 11 millones de euros como resultado de la revisi\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.15pt\">valor de las inversiones inmobiliarias del Grupo. </span><span class=\"f charStyle-f47c836a ps3027_1\" style=\"width:317.43pt\">En el ejercicio 2024 las plusval\u00edas de inmovilizado incluyeron 39,9 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3029_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:244.44pt\">euros correspondientes a ese mismo concepto (ver Nota 11).</span></div><div class=\"ps3030_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Adicionalmente, dicho ep\u00edgrafe incluye 7,9 millones de euros correspondientes al segmento de rotaci\u00f3n de activos por la venta</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3031_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.27pt\">de terrenos escriturados en Brasil (ver Nota 10). En el ejercicio 2024 fueron 3,6 millones de euros.</span></div><div class=\"ps3032_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El ep\u00edgrafe Otros ingresos incluye la facturaci\u00f3n por comisiones de ventas y fidelizaci\u00f3n que ha ascendido a 68,3 millones de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3034 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:232.37pt\">euros. En 2024 la cifra ascendi\u00f3 a 66,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps3033\" style=\"width:2.71pt\"> </span></div><div class=\"ps3035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Se incluyen en este ep\u00edgrafe, tambi\u00e9n, ingresos procedentes de la actividad de casinos por 4 millones de euros (3,7 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:62.43pt\">euros en 2024).</span></div><div class=\"ps3037_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.51pt\">7.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:48.52pt\">Consumos</span></div><div class=\"ps3042_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3044 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span><span class=\"f charStyle-0fa28a17 ps11621\" style=\"width:6.32pt\">\u00a0 </span></div><div class=\"ps3050 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo de comida y bebida</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">148.565</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">146.837</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss246_1\"><div><div class=\"ps964 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo art\u00edculos auxiliares y varios</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3009_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">31.794</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3010_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">55.552</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6857 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3048 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">180.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3049_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">202.389</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3051_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.5pt\">7.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:87.5pt\">Gastos de personal</span></div><div class=\"ps3052_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El coste de personal se desglosa del siguiente modo:</span></div><div class=\"ps3054_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sueldos, salarios y asimilados</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">483.728</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">448.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Seguros sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">105.653</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.515</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.543</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.937</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Indemnizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.217</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.819</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps500 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">617.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3053_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">570.278</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El n\u00famero medio de empleados de Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes durante los dos \u00faltimos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.9pt\">ejercicios, distribuido por categor\u00edas laborales, es el siguiente:</span><span class=\"f charStyle-f47c836a ps3058\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3110 ss0_2\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps3061 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps11622 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3064_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3066_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3068_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps11630 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3070 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3071 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">CEO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3074_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3075_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3076_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3077 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Executive Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3078 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3079 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3080 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">9</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3081 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">7</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3082 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3083 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps606 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Management Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3086_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">772</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3087_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">576</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3089_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3090_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">748</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3091 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">532</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3092 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.280</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps433 ss252_1\"><div><div class=\"ps958 ss122\"><span class=\"f charStyle-8b2dbd07 ps267\">Non Management</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3093_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.261</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3094_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3096 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.701</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3097 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.065</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3098_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.009</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3099_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.073</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-4ed8e3ec ps3100\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3103 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">10.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3105 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.016</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3106 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">19.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3107 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.820</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3108 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">8.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3109 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">18.362</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3112_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros gastos</span><span class=\"f charStyle-aa796863 ps3111_1\"> de explotaci\u00f3n</span></div><div class=\"ps3113_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3114_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps3139 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3115\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Alquileres varios y c\u00e1nones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">9.489</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.982</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Mantenimiento y conservaci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">102.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">106.247</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios externos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">176.269</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">166.176</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Transportes y seguros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">24.464</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">24.165</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos por gesti\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">26.896</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3126 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.211</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Publicidad y promoci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">48.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">48.670</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Suministros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">91.715</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">91.751</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos viajes y billetaje</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.350</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Tributos sobre actividad</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">28.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios exteriores diversos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">155.001</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">146.979</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14778 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3134_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">11.315</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3135 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">10.629</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps928_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">682.048</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3138 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">669.111</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3141 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3140_1\"><span style=\"display:inline-block;height:6.8pt;width:4.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Amortizaci\u00f3n y deterioro</span></div><div class=\"ps3142_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3143_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps5140 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:77.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss257_1\"><div><div class=\"ps3144_1 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss259_1\"><div><div class=\"ps964 ss595\"><span class=\"f charStyle-4ed8e3ec ps3145\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss261_1\"><div><div class=\"ps964 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps3146\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3149 ss263_1\"><div><div class=\"ps964 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps3148_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3151 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3153_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3152_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3154_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3155 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activos intangibles</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3156 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">15.442</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3157_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">16.902</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11292 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activo material</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3159 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">7.456</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3160_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">86.409</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3162_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-934a7fa2 ps9354\">7.498</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3163_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">77.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2502 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Derechos de uso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3164_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">3.980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3166_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">146.817</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3168_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.728)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3169 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">147.288</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-4ed8e3ec ps2200_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3171_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps11484\">11.437</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3173 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">248.668</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3175_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3174\">(231)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3176_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">242.123</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">La amortizaci\u00f3n del activo material incluye un importe de 5 millones de euros correspondiente al impacto de la amortizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">acelerada de los activos de hoteles explotados en r\u00e9gimen de arrendamiento operativo, para adaptar su vida \u00fatil a la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.49pt\">de dichos contratos de arrendamiento. El impacto en </span><span class=\"f charStyle-f47c836a ps3179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3180\" style=\"width:120.59pt\"> fue de 1,3 millones de euros.</span></div><div class=\"ps3182_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Se incluye en el ep\u00edgrafe Deterioro de Activo material el impacto negativo resultante del ajuste a valor razonable de un centro</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3183_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">hotelero situado en Reino Unido por 4 millones de euros, y el deterioro de 1,5 millones de euros sobre un activo hotelero en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.33pt\">Panam\u00e1 (ver Nota 10)</span><span class=\"f charStyle-f47c836a ps3184_1\" style=\"width:373.32pt\">. En 2024 se incluy\u00f3 el deterioro de esos mismos activos por un total de 5 millones de euros.</span><span class=\"f charStyle-f47c836a ps3185_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:4.82pt\">E</span><span class=\"f charStyle-f47c836a ps3187_1\" style=\"width:510.79pt\">l ep\u00edgrafe Deterioro de Derechos de uso recoge el importe del deterioro neto asociado a contratos de arrendamiento, como</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:498.26pt\">consecuencia de la evoluci\u00f3n de la actividad esperada durante el periodo de dichos contratos. Dicho impacto corresponde </span><span class=\"f charStyle-f47c836a ps3189_1\" style=\"width:7.53pt\">a </span><span class=\"f charStyle-f47c836a ps3190_1\" style=\"width:9.82pt\">un</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">total de 12 hoteles, de los cuales 6 est\u00e1n situados en Espa\u00f1a, 5 en Alemania y 1 en Reino Unido. Adem\u00e1s se registra la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">reversi\u00f3n del deterioro derivada de la cancelaci\u00f3n anticipada del contrato de arrendamiento de un centro situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3194_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Alemania. En 2024 la reversi\u00f3n neta del deterioro de derechos de uso correspondi\u00f3 a un total de 13 hoteles, de los cuales 7</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3196_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:103.65pt\">est\u00e1n situados en Espa\u00f1a.</span><span class=\"f charStyle-f47c836a ps3195\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span><span class=\"f charStyle-f47c836a ps3202\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-195f4023 ps12591\" style=\"width:2.5pt\"> </span></div><div class=\"ps3249 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss273_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:303pt\"></td><td style=\"padding:0;width:105.75pt\"></td><td style=\"padding:0;width:105.75pt\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss269_1\"><div><div class=\"ps2435_1 ss268_1\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1999 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-28c2751e ps3205_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-4ed8e3ec ps3205_1\">2024</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps3206 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Ingresos por dividendos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3208 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">3.925</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3209 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">2.142</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps3155 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Ingresos por intereses</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3210 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">9.885</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3211 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">9.434</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps1485 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otros ingresos financieros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3213 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3212_1\">15.449</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3214 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">2.685</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps606 ss269_1\"><div><div class=\"ps2435_1 ss268_1\"><span class=\"f charStyle-28c2751e ps3217_1\">Total ingresos financieros</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3219 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-28c2751e ps7333\">29.259</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3220_1 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-28c2751e ps7333\">14.261</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps3830 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Gastos por financiaci\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3223_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(43.230)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3224_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(63.585)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps7023 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Gastos por arrendamiento financiero</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3226 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(39.946)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3227 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(38.454)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps2522 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otros gastos financieros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3229_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(5.852)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3230_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(3.334)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps9639 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Dotaci\u00f3n provisi\u00f3n insolvencias cr\u00e9ditos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3232 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(7.000)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3233 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(3.110)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps6200 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Variaci\u00f3n valor razonable instrumentos financieros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3234_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">1.492</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3235 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(3.795)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2682 ss271_1\"><div><div class=\"ps958 ss268_1\"><span class=\"f charStyle-28c2751e ps3236\">Total gastos financieros</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3239 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps1944\">(94.536)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3241 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps3240_1\">(112.277)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps4922 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Diferencias de cambio (netas)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3242_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(8.538)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3244_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-f47c836a ps3243\">(43)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6308 ss271_1\"><div><div class=\"ps958 ss268_1\"><span class=\"f charStyle-28c2751e ps267\">RESULTADO FINANCIERO</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3247_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps3246\">(73.815)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3248_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps3246\">(98.059)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3251 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:358.53pt\">El epigrafe Dotaci\u00f3n provisi\u00f3n insolvencias cr\u00e9ditos incluye la dotaci\u00f3n al cr\u00e9dito de</span><span class=\"f charStyle-f47c836a ps3250_1\" style=\"width:157pt\"> determinadas inversiones financieras</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3252 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:443.53pt\">realizadas en Cuba (ver Nota 4), originada por la actualizaci\u00f3n de su valor recuperable al cierre del ejercicio.</span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El ep\u00edgrafe Otros ingresos financieros incluyen 9,1 millones de euros como resultado de la integraci\u00f3n de la sociedad Sierra</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3254 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:112.19pt\">Parima, S.A.S. (ver Nota 5).</span></div><div class=\"ps3255 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Se incluye informaci\u00f3n sobre la financiaci\u00f3n bancaria del Grupo en la Nota 13.2 y sobre la valoraci\u00f3n de instrumentos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3256_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:184.29pt\">financieros a valor razonable en la Nota 13.3.</span></div><div class=\"ps3260 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 8.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps3258_1\"><span style=\"display:inline-block;height:11.34pt;width:0.82pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Ganancias por Acci\u00f3n</span><span class=\"f charStyle-89b3ebe7 ps3259_1\"> </span></div><div class=\"ps3261 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las ganancias b\u00e1sicas por acci\u00f3n se calculan dividiendo el beneficio neto del a\u00f1o atribuible a los accionistas ordinarios por el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.51pt\">n\u00famero medio de acciones ordinarias en circulaci\u00f3n durante el a\u00f1o.</span></div><div class=\"ps3263_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las ganancias diluidas por acci\u00f3n se calculan dividiendo el beneficio neto atribuible a los tenedores de instrumentos de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3264_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">patrimonio de la dominante por el n\u00famero medio de acciones ordinarias en circulaci\u00f3n durante el a\u00f1o. Ambas magnitudes se</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3265_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">ajustan por los efectos inherentes a las acciones potenciales con efectos dilusivos. A cierre del presente ejercicio y del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3266_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:476.69pt\">ejercicio anterior, no exist\u00edan acciones ordinarias potenciales y, por tanto, no ha sido necesario realizar dicho ajuste.</span></div><div class=\"ps3272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:214.27pt\">El siguiente cuadro refleja los c\u00e1lculos realizados en </span><span class=\"f charStyle-f47c836a ps3267\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3268_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3269\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3270_1\" style=\"width:101.12pt\"> para ambas magnitudes:</span><span class=\"f charStyle-f47c836a ps3271\" style=\"width:2.71pt\"> </span></div><div class=\"ps3314_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss275_1\"><div><div class=\"ps2226 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(unidades de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss277_1\"><div><div class=\"ps482 ss515\"><span class=\"f charStyle-4ed8e3ec ps3273\">B\u00c1SICAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss279_1\"><div><div class=\"ps482 ss278_1\"><span class=\"f charStyle-4ed8e3ec ps11312\">DILUIDAS</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3277 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3278_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3279 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3281 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps11603\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3072_1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps11779\">Resultado atribuido a sociedad dominante</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3284_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">170.068.765</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3285_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">140.625.846</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3286 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">170.068.765</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3288_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps3287\">140.625.846</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7153 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">N\u00famero de acciones ordinarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3291_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps12444\">220.400.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3292 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps12444\">220.400.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3293_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps12444\">220.400.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3295_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps3294\">220.400.000</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3823 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Autocartera media ponderada</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3297_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps14367\">(237.718)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3298_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps14367\">(231.779)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3299 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps14367\">(237.718)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3301_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps3300_1\">(231.779)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14598 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps3302_1\">Total n\u00famero de acciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3304 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">220.162.282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3305_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">220.168.221</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3306_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">220.162.282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3307 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps3287\">220.168.221</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8247 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps3308_1\">P\u00e9rdidas / Ganancias por acci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3309_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps601_1\">0,77</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3310_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps601_1\">0,64</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3311_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps601_1\">0,77</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14430 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps3312_1\">0,64</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3315 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">La Compa\u00f1\u00eda mantiene su compromiso de ofrecer un dividendo atractivo, predecible y sostenible en el tiempo, en l\u00ednea con su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3316_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">estrategia de creaci\u00f3n de valor para el accionista. Esta pol\u00edtica es compatible con la prioridad de preservar un nivel adecuado</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3317_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:353.9pt\">de recursos propios, garantizando la capacidad de inversi\u00f3n para el crecimiento futuro.</span></div><div class=\"ps3318_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En este contexto, la Junta General de Accionistas acord\u00f3 en mayo 2025 la distribuci\u00f3n de un dividendo bruto por acci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3319_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">0,1436 euros, excluidas las acciones propias, lo que ha supuesto un desembolso de 31,6 millones de euros en el segundo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3320_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">semestre de 2025. Este importe representa un pay-out del 22,5% sobre el resultado consolidado atribuido a la sociedad</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3321_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:121.12pt\">dominante del ejercicio 2024.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Asimismo, el Consejo de Administraci\u00f3n propondr\u00e1 a la pr\u00f3xima Junta General un incremento del pay-out respecto al a\u00f1o</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:283.28pt\">anterior, con el objetivo de incrementar progresivamente dicho ratio.</span></div><div class=\"ps3322_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 9.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps2567\"><span style=\"display:inline-block;height:11.34pt;width:1.25pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Activos Intangibles</span></div><div class=\"ps3323_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.38pt\">El detalle del coste y la amortizaci\u00f3n acumulada de los activos intangibles es el siguiente:</span></div><div class=\"ps3454_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:120pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:43.5pt\"></td><td style=\"padding:0;width:45.75pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:33pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss282_1\"><div><div class=\"ps3324_1 ss40\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6690 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3331 ss285_1\"><div><div class=\"ps3326_1 ss645\"><span class=\"f charStyle-40b73844 ps3329_1\">Amortizaci\u00f3n </span></div><div class=\"ps3327_1 ss645\"><span class=\"f charStyle-40b73844 ps3330_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3333 ss287_1\"><div><div class=\"ps3324_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1347\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps5055 ss289_1\"><div><div class=\"ps3324_1 ss288_1\"><span class=\"f charStyle-40b73844 ps3334\">Bajas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3338 ss290_1\"><div><div class=\"ps3326_1 ss110\"><span class=\"f charStyle-40b73844 ps3336\">Variaciones </span></div><div class=\"ps3327_1 ss110\"><span class=\"f charStyle-40b73844 ps3337\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps804 ss291_1\"><div><div class=\"ps3324_1 ss198_1\"><span class=\"f charStyle-40b73844 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7211 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps3341\">Diferencias </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps3342_1\">cambio</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3346 ss292_1\"><div><div class=\"ps3326_1 ss194_1\"><span class=\"f charStyle-40b73844 ps3344_1\">Saldo </span></div><div class=\"ps3327_1 ss194_1\"><span class=\"f charStyle-40b73844 ps5031\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps3347\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7123 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3349_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">27.164</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3351_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3353 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(83)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3355 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.811</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11419 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.673</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3358_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3357_1\">16.821</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3360_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">61</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3362_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.148)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3363_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">85.407</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3365_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">260.625</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3366 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">6.410</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3367_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9393\">(26)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3369_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps274\">199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3371_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps3370\">(61)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3373_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(192)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3375_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">266.956</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3376_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.274</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3378_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps2630\">18</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3380_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3379\">17</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3382_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.309</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14894 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps2489\">Total Coste</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3385_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps9351\">364.736</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3387_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps3386_1\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3389_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3391_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps1859\">(26)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3393_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3395_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3397_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3396\">(1.406)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3399_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">388.482</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6865 ss41\"><div><div class=\"ps3401_1 ss40\"><span class=\"f charStyle-40b73844 ps1243\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3753 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Derechos de Traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3404 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(18.220)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3406_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3405\">(4.135)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.090</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3409_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3408\">(21.265)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3411_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3410\">(232.030)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3412_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(11.301)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3414 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9434\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3416 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">127</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3418 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3417_1\">(243.178)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3420_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(6.140)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3422_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3421\">(7)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3423_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(11)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3425_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps2246\">(6.158)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9414 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps5039\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3429 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3428\">(256.390)</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3431_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3433_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps14386\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3435 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps14516\">26</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3437_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3436\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3438_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3440_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3439\">1.205</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3442_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps2247\">(270.601)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps886 ss301_1\"><div><div class=\"ps775_1 ss40\"><span class=\"f charStyle-40b73844 ps1402\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3444_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps9351\">108.347</span></div></div></div></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3445_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3446 ss304_1\"><div><div class=\"ps775_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3448_1 ss305_1\"><div><div class=\"ps775_1 ss288_1\"><span class=\"f charStyle-40b73844 ps1867\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3449_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps892 ss307_1\"><div><div class=\"ps775_1 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3452_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps978\">(201)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3453_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">117.882</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3455 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las altas en el ep\u00edgrafe de Derechos de traspaso corresponden a inversiones en 8 contratos de gesti\u00f3n hotelera, 3 de los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.53pt\">est\u00e1n situados en territorio nacional.</span><span class=\"f charStyle-f47c836a ps3456\" style=\"width:2.71pt\"> </span></div><div class=\"ps3457_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.44pt\">El ep\u00edgrafe de variaciones de per\u00edmetro refleja la integraci\u00f3n de una sociedad dominicana, propietaria de un centro de ocio.</span></div><div class=\"ps3458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.57pt\">El Fondo de Comercio ha incrementado su valor a causa de la integraci\u00f3n de la sociedad Crisalian, S.L. (ver Nota 5).</span></div><div class=\"ps3459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los activos incluidos en el ep\u00edgrafe Otro inmovilizado intangible se corresponden en su mayor\u00eda a inversiones realizadas en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3460_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.11pt\">marcas que, tal y como se explica en la Nota 3.1, no se amortizan al estimarse su vida \u00fatil indefinida.</span></div><div class=\"ps3464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.97pt\">A efectos comparativos, el detalle de estos movimientos en el ejercicio </span><span class=\"f charStyle-f47c836a ps3461_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3462_1\" style=\"width:21.85pt\"> fue: </span><span class=\"f charStyle-b914b620 ps3463_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3565_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:164.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss310_1\"><div><div class=\"ps3465 ss309_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3470_1 ss134_1\"><div><div class=\"ps3467 ss108\"><span class=\"f charStyle-40b73844 ps3466_1\">Saldo </span></div><div class=\"ps3469_1 ss108\"><span class=\"f charStyle-40b73844 ps3468\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3473 ss312_1\"><div><div class=\"ps3467 ss311_1\"><span class=\"f charStyle-40b73844 ps3471\">Amortizaci\u00f3n </span></div><div class=\"ps3469_1 ss311_1\"><span class=\"f charStyle-40b73844 ps3472_1\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1410 ss313_1\"><div><div class=\"ps3465 ss451\"><span class=\"f charStyle-40b73844 ps3474\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9526 ss315_1\"><div><div class=\"ps3465 ss602\"><span class=\"f charStyle-40b73844 ps3475\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3479_1 ss317_1\"><div><div class=\"ps3467 ss316_1\"><span class=\"f charStyle-40b73844 ps14296\">Diferencias </span></div><div class=\"ps3469_1 ss316_1\"><span class=\"f charStyle-40b73844 ps1865\">cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15000 ss312_1\"><div><div class=\"ps3467 ss311_1\"><span class=\"f charStyle-40b73844 ps9475\">Saldo </span></div><div class=\"ps3469_1 ss311_1\"><span class=\"f charStyle-40b73844 ps3481\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3483\">COSTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3486_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">27.088</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3488 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3489 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11820\">27.164</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14834 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3491 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">54.587</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3492 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">14.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3493 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps14425\">584</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3494 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11820\">69.673</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9229 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3497 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps2928\">256.593</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3498_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">4.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3500_1 ss323_1\"><div><div class=\"ps3348 ss602\"><span class=\"f charStyle-10d23c65 ps3499_1\">(425)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3501 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">36</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3503_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3502\">260.625</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2509 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3506_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3505_1\">7.437</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3508_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(163)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3509 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps1867\">7.274</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3699 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3510\">Total Coste</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3512 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps3511_1\">345.705</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3514_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps2655\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3516_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15296\">18.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3518_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps6954\">(425)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3520_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps11597\">533</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3521_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11824\">364.736</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps8247 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps604\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3753 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3523_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(13.893)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3525_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3524\">(3.751)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3526_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(576)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15048 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11865\">(18.220)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3530_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3529\">(219.284)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3531_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11865\">(13.144)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3533_1 ss323_1\"><div><div class=\"ps3348 ss602\"><span class=\"f charStyle-10d23c65 ps3532\">425</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3535_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11369\">(27)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3537_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3536\">(232.030)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3539_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3538\">(6.201)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3541_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps1281\">(7)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3542_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3543_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3524\">(6.140)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4848 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps893\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3546_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1198\">(239.378)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3548_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11652\">(16.902)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3550_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15950\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3552_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps11102\">425</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3554_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps9522\">(534)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3555_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps12460\">(256.390)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11503 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3556\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3558_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps3511_1\">106.327</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3559_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11652\">(16.902)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3560_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15296\">18.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3561_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps1840\">0</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3563_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps3562\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3564_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11824\">108.347</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:12.91pt\">Las</span><span class=\"f charStyle-f47c836a ps3566\" style=\"width:502.64pt\"> altas en Derechos de traspaso correspondieron a inversiones en cinco contratos de gesti\u00f3n hotelera, 3 de ellos situados en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77pt\">territorio nacional.</span></div><div class=\"ps3569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los activos incluidos en el ep\u00edgrafe Otro inmovilizado intangible correspondieron, en su mayor\u00eda, a inversiones realizadas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:404.97pt\">marcas que, tal como se explica en la Nota 3.1, no se amortizan al estimarse su vida \u00fatil indefinida.</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:76.23pt\">Fondo de comercio</span><span class=\"f charStyle-8dfb1947 ps3573\" style=\"width:2.71pt\"> </span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el saldo de Fondo de comercio se incluyen importes generados a consecuencia de combinaciones de negocios de acuerdo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">con lo comentado en la Nota 2.5. Tambi\u00e9n se incluyen los valores netos contables de los fondos de comercio existentes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:155.15pt\">previamente a la adopci\u00f3n de las NIIF.</span><span class=\"f charStyle-f47c836a ps3574\" style=\"width:2.71pt\"> </span></div><div class=\"ps3576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.36pt\">A\u00a0 continuaci\u00f3n, se relacionan los importes por sociedades:</span><span class=\"f charStyle-f47c836a ps3575\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3582_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Apartotel, S.A.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">504</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">504</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Metropolitan, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.181</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">1.181</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Cadstar France, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">813</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">813</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ihla Bela de Gestao e Turismo, Ltd.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">927</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">927</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Crisalian, S.L.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Lomondo, Ltd.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">5.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">5.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Alexander, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">887</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">887</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Operadora Mesol, S.A. de C.V.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">465</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">465</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Prodigios Interactivos, S.A.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">14.780</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">14.780</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sol Melia Italia S.R.L.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">2.253</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">2.253</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5292 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps924 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1547\">28.811</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3581 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps14956\">27.164</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3583 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las variaciones en el ejercicio se deben al nuevo fondo de comercio generado en la integraci\u00f3n de la sociedad Crisalian, S.L.,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3584_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.98pt\">as\u00ed como al efecto del tipo de cambio de la sociedad Lomondo Ltd.</span></div><div class=\"ps3585 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:204.15pt\">Dichas unidades se muestran en la siguiente tabla:</span></div><div class=\"ps3603_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:158.25pt\"></td><td style=\"padding:0;width:357pt\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Sociedad </span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11324 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-4ed8e3ec ps267\" style=\"width:184.59pt\">Unidades Generadoras de Efectivos (U.G.E.)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11623 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Apartotel, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps11329 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:235.5pt\">Hoteles Meli\u00e1 Castilla, Meli\u00e1 Costa del Sol y Meli\u00e1 Alicante</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Metropolitan, S.A.S.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3589 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:107.86pt\">Hotel Meli\u00e1 Paris Vend\u00f6me</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps816 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Cadstar France, S.A.S.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3591 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:340.72pt\">Hoteles Melia Collection Villa Marquis, Paris Opera y Melia Collection Maison Colbert</span><span class=\"f charStyle-f47c836a ps3590\" style=\"width:2.71pt\"> </span></div></div></div></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"><div class=\"ps3592_1 ss332_1\"><div><div class=\"ps1065_1 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Ihla Bela de Gestao e Turismo, Ltd.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3594 ss333_1\"><div><div class=\"ps1062_1 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:351.71pt\">Hoteles Melia Pen\u00ednsula Varadero, Meli\u00e1 Las Dunas, Tryp Cayo Santa Mar\u00eda, Meli\u00e1 Cayo</span><span class=\"f charStyle-f47c836a ps3593\" style=\"width:2.71pt\"> </span></div><div class=\"ps1063_1 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:199.1pt\">Santa Mar\u00eda, Tryp Habana Libre y Tryp Cayo Coco</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3734 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Crisalian, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3595_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:135.1pt\">Hotel Paradisus Salinas Lanzarote</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps4983 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Lomondo, Ltd.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3596 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:98.89pt\">Hotel Meli\u00e1 White House</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2632 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Alexander, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3597_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:133.39pt\">Hotel Meli\u00e1 Paris Champs Elys\u00e9es</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3598_1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Operadora Mesol, S.A. de C.V.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3599_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:347.75pt\">Hoteles Meli\u00e1 Cozumel, Meli\u00e1 Puerto Vallarta, Paradisus Canc\u00fan y Paradisus Los Cabos</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14180 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Prodigios Interactivos, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3601_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:131.33pt\">Plataforma distribuci\u00f3n hotelera</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1299 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Sol Melia Italia S.R.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3602 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:75.9pt\">Hotel Milan Il Duca</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.88pt\">Las unidades generadoras de efectivo se corresponden principalmente a los hoteles explotados o gestionados en cada caso. </span><span class=\"f charStyle-f47c836a ps3604\" style=\"width:9.73pt\">En</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">el caso de fondos de comercio asociados a unidades generadoras de efectivo de hoteles en propiedad o en arrendamiento, su</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">valor recuperable se eval\u00faa conjuntamente con el resto de activos de la unidad generadora de efectivo, de acuerdo con la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:147.76pt\">metodolog\u00eda descrita en la Nota 3.2.</span><span class=\"f charStyle-f47c836a ps9745\" style=\"width:2.71pt\"> </span></div><div class=\"ps3611 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.4pt\">En el caso de fondos de comercio asociados a otras unidades generadoras de efectivo, los</span><span class=\"f charStyle-f47c836a ps3610\" style=\"width:136.13pt\"> factores de riesgo que tiene en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">cuenta la Compa\u00f1\u00eda son el tipo de cambio esperado de las monedas de generaci\u00f3n del flujo de caja de cada unidad generadora</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:477.4pt\">de efectivo y el tipo de inter\u00e9s libre de riesgo en cada una de las \u00e1reas geogr\u00e1ficas donde se produce el flujo de caja.</span><span class=\"f charStyle-f47c836a ps3613_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3615 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Como resultado de los test de deterioro realizados no se han puesto de manifiesto deterioros de los fondos de comercio del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:110.08pt\">Grupo en el ejercicio 2025.</span><span class=\"f charStyle-f47c836a ps3616\" style=\"width:377.8pt\"> En el ejercicio 2024 tampoco se pusieron de manifiesto deterioros de los fondos de comercio</span><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_52\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 10.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps3620_1\"><span style=\"display:inline-block;height:11.34pt;width:8.42pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Inmovilizado Material</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El movimiento habido en los distintos ep\u00edgrafes del coste del inmovilizado material y su amortizaci\u00f3n acumulada y deterioro</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.7pt\">durante el ejercicio ha sido el siguiente:</span><span class=\"f charStyle-b914b620 ps3622_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3762_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:117.75pt\"></td><td style=\"padding:0;width:58.5pt\"></td><td style=\"padding:0;width:63.75pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:68.25pt\"></td><td style=\"padding:0;width:51pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss335_1\"><div><div class=\"ps3465 ss334_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3625_1 ss337_1\"><div><div class=\"ps3467 ss808\"><span class=\"f charStyle-40b73844 ps2039\">Saldo </span></div><div class=\"ps3469_1 ss808\"><span class=\"f charStyle-40b73844 ps3624\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3628_1 ss339_1\"><div><div class=\"ps3467 ss28\"><span class=\"f charStyle-40b73844 ps3626\">Amortizaci\u00f3n y </span></div><div class=\"ps3469_1 ss28\"><span class=\"f charStyle-40b73844 ps3627_1\">deterioro 2025</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3630_1 ss195_1\"><div><div class=\"ps3465 ss194_1\"><span class=\"f charStyle-40b73844 ps9225\">Altas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14486 ss197_1\"><div><div class=\"ps3465 ss110\"><span class=\"f charStyle-40b73844 ps3631\">Bajas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3635 ss341_1\"><div><div class=\"ps3467 ss312\"><span class=\"f charStyle-40b73844 ps1970\">Variaciones </span></div><div class=\"ps3469_1 ss312\"><span class=\"f charStyle-40b73844 ps383\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3637_1 ss343_1\"><div><div class=\"ps3467 ss150\"><span class=\"f charStyle-40b73844 ps331\">Diferencias </span></div><div class=\"ps3469_1 ss150\"><span class=\"f charStyle-40b73844 ps2019\">cambio</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3640_1 ss345_1\"><div><div class=\"ps3467 ss344_1\"><span class=\"f charStyle-40b73844 ps1264\">Saldo </span></div><div class=\"ps3469_1 ss344_1\"><span class=\"f charStyle-40b73844 ps3639\">31/12/25</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-40b73844 ps9302\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3643_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">417.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3645_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.264)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3647_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">34.965</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3649 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(7.496)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3651 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">443.248</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3653 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3652_1\">1.465.262</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3654 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">34.923</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3656 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps3655_1\">(26.071)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3657_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.408</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3659_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(50.744)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3661_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3660\">1.466.778</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3662_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">463.140</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3663_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">21.694</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3664_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.041)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3666_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">8.342</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3667_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(15.775)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3668_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">476.360</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4983 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3669 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">479.501</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3670 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3671 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(3.987)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3672 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">7.905</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3673 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(16.106)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3674 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">496.274</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1255 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Obras en curso</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3676_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps9486\">14.872</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3677_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">40.851</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3678_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(3.042)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3680_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3679\">52.681</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1280 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3681_1\">Total Coste</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3683_1 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-40b73844 ps2205_1\">2.839.817</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3685 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-40b73844 ps13057\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3686_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">126.429</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3688_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps14870\">(32.364)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3690_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-40b73844 ps3689\">94.620</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3692_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-40b73844 ps11859\">(93.162)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3693_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-40b73844 ps2198\">2.935.341</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss357_1\"><div><div class=\"ps3695_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3694\">AMORTIZACION ACUMULADA Y </span></div><div class=\"ps3697_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3696\">DETERIORO</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2682 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3699_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3577\">(5.201)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3701_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3700\">(5.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2694 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3704_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(565.266)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3706_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(67.130)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3707 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2681\">26.071</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3709_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3711_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">10.585</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3712_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(595.597)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2705 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3714_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(327.967)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3716_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3715_1\">(63)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3718_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">1.041</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3720_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps11364\">18</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3722_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps15031\">8.920</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3723 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(318.052)</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2716 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3725 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(347.011)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3726_1 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(26.670)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3728_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps14581\">(474)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3729_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">3.988</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3731_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3730\">4</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3732_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">14.948</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3733_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(355.215)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3738_1 ss357_1\"><div><div class=\"ps3735 ss334_1\"><span class=\"f charStyle-40b73844 ps11354\">Total Amortizaci\u00f3n </span></div><div class=\"ps3737 ss334_1\"><span class=\"f charStyle-40b73844 ps3736\">Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3740_1 ss811\"><div><div class=\"ps3739_1 ss808\"><span class=\"f charStyle-c9c26710 ps14864\">(1.245.444)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3742_1 ss67\"><div><div class=\"ps3739_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3744_1 ss361_1\"><div><div class=\"ps3739_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps2739\">(475)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3746_1 ss118\"><div><div class=\"ps3739_1 ss110\"><span class=\"f charStyle-c9c26710 ps3745_1\">31.099</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3748_1 ss362_1\"><div><div class=\"ps3739_1 ss312\"><span class=\"f charStyle-c9c26710 ps964\">166</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3750_1 ss198\"><div><div class=\"ps3739_1 ss150\"><span class=\"f charStyle-c9c26710 ps3749\">34.453</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3752_1 ss364_1\"><div><div class=\"ps3739_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps6069\">(1.274.065)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps6104 ss365_1\"><div><div class=\"ps3753_1 ss334_1\"><span class=\"f charStyle-c9c26710 ps2191_1\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3754_1 ss366_1\"><div><div class=\"ps3753_1 ss808\"><span class=\"f charStyle-c9c26710 ps2205_1\">1.594.373</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3755_1 ss367_1\"><div><div class=\"ps3753_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3756_1 ss368_1\"><div><div class=\"ps3753_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">125.954</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3758_1 ss369_1\"><div><div class=\"ps3753_1 ss110\"><span class=\"f charStyle-c9c26710 ps2160\">(1.265)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3759_1 ss370_1\"><div><div class=\"ps3753_1 ss312\"><span class=\"f charStyle-c9c26710 ps3689\">94.787</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3760_1 ss371_1\"><div><div class=\"ps3753_1 ss150\"><span class=\"f charStyle-c9c26710 ps11859\">(58.709)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3761_1 ss372_1\"><div><div class=\"ps3753_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps2198\">1.661.276</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3763_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las principales altas del ejercicio corresponden a inversiones y reformas en hoteles, de los que 42,9 millones se han realizado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3764_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">en Espa\u00f1a. Adem\u00e1s, se ha registrado la baja, de 1,3 millones de euros, derivada de una venta de terrenos en Brasil (ver Nota</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3765_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:19.32pt\">2.4).</span></div><div class=\"ps3766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En el ep\u00edgrafe de variaciones de per\u00edmetro se incluye la integraci\u00f3n de una sociedad en la que el Grupo participa en un 53,75%,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">por 80,1 millones de euros. Dicha sociedad es propietaria y explotadora de un hotel en Islas Canarias para el que adem\u00e1s posee</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps3768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un contrato de gesti\u00f3n con la sociedad matriz de Grupo. Tambi\u00e9n incluye la integraci\u00f3n de una sociedad dominicana,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3769_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">propietaria de un centro de ocio por 15,7 millones de euros, y a la adquisici\u00f3n previa a la fusi\u00f3n de una sociedad explotadora</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3770_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de un club de playa en Illes Balears por 1,9 millones de euros, ambas anteriormente integradas por el m\u00e9todo de puesta en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">equivalencia. Adem\u00e1s incluye 2,9 millones de euros por la baja de una sociedad propietaria de un centro hotelero en Andaluc\u00eda</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:51.66pt\">(ver Nota 5).</span></div><div class=\"ps3773_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Del saldo de Obras en curso, 33,5 millones de euros corresponden a un hotel de M\u00e9xico y 9,1 millones de euros a un hotel de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.65pt\">Rep\u00fablica Dominicana, ambos en proceso de reforma.</span></div><div class=\"ps3775 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El gasto de amortizaci\u00f3n y deterioro incluye una correcci\u00f3n valorativa de 4 millones de euros en un hotel de Reino Unido y 1,5</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3776 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">millones de euros en un activo hotelero de Panam\u00e1, debido al ajuste del valor de los activos a su valor razonable previo a su</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3777 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.13pt\">baja (ver Nota 7.5).</span></div><div class=\"ps3778 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El tipo de cambio ha afectado negativamente al valor del inmovilizado debido a la depreciaci\u00f3n del d\u00f3lar y de la libra esterlina </span></div><div class=\"ps3779 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">frente al euro. </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:245.41pt\">A\u00a0 efectos comparativos se presentan las cifras del ejercicio </span><span class=\"f charStyle-f47c836a ps3780_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3781_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps3782_1\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps2268 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3.75pt\"></td><td style=\"padding:0;width:71.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:41.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:51pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:30.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss374_1\"><div><div class=\"ps3783 ss366\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3786_1 ss375_1\"><div><div class=\"ps3784 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3785 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14484 ss377_1\"><div><div class=\"ps3788_1 ss376_1\"><span class=\"f charStyle-40b73844 ps3787\">Amortizaci\u00f3n y </span></div><div class=\"ps3790_1 ss376_1\"><span class=\"f charStyle-40b73844 ps14859\">deterioro 2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3792_1 ss379_1\"><div><div class=\"ps3783 ss556\"><span class=\"f charStyle-c9c26710 ps2580_1\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3794_1 ss381_1\"><div><div class=\"ps3783 ss1\"><span class=\"f charStyle-c9c26710 ps6331\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps10203 ss382_1\"><div><div class=\"ps3783 ss198_1\"><span class=\"f charStyle-c9c26710 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3798_1 ss383_1\"><div><div class=\"ps3788_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps3685\">Diferencias </span></div><div class=\"ps3790_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps3797\">cambio</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3800_1 ss384_1\"><div><div class=\"ps3788_1 ss43\"><span class=\"f charStyle-40b73844 ps3799\">Saldo </span></div><div class=\"ps3790_1 ss43\"><span class=\"f charStyle-40b73844 ps3350\">31/12/24</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss385_1\"><div><div class=\"ps2107_1 ss366\"><span class=\"f charStyle-cf804784 ps3801\">COSTE</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3802_1 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3803_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">411.784</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3805_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps1469\">(2.748)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3807_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1276\">8.007</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3809 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps3808_1\">417.042</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1497 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3810 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.413.086</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3812 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps2188\">16.501</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3813_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps1469\">(7.348)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3814 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">56</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3815_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3679\">42.968</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3817_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps15247\">1.465.262</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14888 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3819_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">448.364</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3820_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps2188\">13.490</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3821_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps1469\">(7.585)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3823_1 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps14519\">175</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3824_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1276\">8.695</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3825_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps3808_1\">463.140</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2516 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3827_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">464.930</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3828 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps2188\">20.977</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3830_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps3829\">(24.549)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11064 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps11646\">8.190</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3833_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1276\">9.954</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3834 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps3808_1\">479.501</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11122 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Obras en curso</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3836 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">11.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3838_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps3837\">2.798</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3840_1 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps3839\">(280)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3842_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3841_1\">382</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3844_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps5044\">14.872</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps2445 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-40b73844 ps11293\">Total Coste</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3846_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2266_1\">2.750.136</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3848_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-c9c26710 ps3847\">0</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3850_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-c9c26710 ps1812\">53.766</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3852_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-c9c26710 ps2931\">(42.230)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3853_1 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-c9c26710 ps753\">8.141</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3854_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-c9c26710 ps979\">70.005</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3856_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-c9c26710 ps3855\">2.839.817</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:23.25pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5290 ss390_1\"><div><div class=\"ps3858_1 ss366\"><span class=\"f charStyle-40b73844 ps5057\">AMORTIZACION ACUMULADA Y </span></div><div class=\"ps3860_1 ss366\"><span class=\"f charStyle-40b73844 ps12603\">DETERIORO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15516 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3862_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3361\">(5.201)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3864_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps9488\">(5.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14469 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3866_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3410\">(516.072)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3868 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-f9c6b3ad ps2772\">(40.361)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3870 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-f9c6b3ad ps3869_1\">7.348</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3872_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-f9c6b3ad ps3871\">(16.182)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3874_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps3873\">(565.266)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6230 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3876_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3410\">(307.844)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3877_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-f9c6b3ad ps2772\">(22.857)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3878_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-f9c6b3ad ps3869_1\">7.585</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3879_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-f9c6b3ad ps3700\">(4.851)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3880_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps3873\">(327.967)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3881_1 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3882_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3410\">(342.868)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3883_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-f9c6b3ad ps2772\">(21.935)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3885_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-f9c6b3ad ps3884\">333</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3887 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-f9c6b3ad ps3886_1\">24.549</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3888 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-f9c6b3ad ps3700\">(7.090)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3889 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps3873\">(347.011)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6104 ss367\"><div><div class=\"ps3891 ss366\"><span class=\"f charStyle-40b73844 ps3890_1\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3893_1 ss392_1\"><div><div class=\"ps3891 ss451\"><span class=\"f charStyle-c9c26710 ps3892_1\">(1.171.986)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3895_1 ss393_1\"><div><div class=\"ps3891 ss376_1\"><span class=\"f charStyle-c9c26710 ps2637\">(85.152)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3897_1 ss394_1\"><div><div class=\"ps3891 ss556\"><span class=\"f charStyle-c9c26710 ps3896\">333</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3899_1 ss395_1\"><div><div class=\"ps3891 ss1\"><span class=\"f charStyle-c9c26710 ps3898\">39.482</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3900_1 ss396_1\"><div><div class=\"ps3891 ss198_1\"><span class=\"f charStyle-c9c26710 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3901_1 ss397_1\"><div><div class=\"ps3891 ss344_1\"><span class=\"f charStyle-c9c26710 ps2851_1\">(28.122)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3902_1 ss398_1\"><div><div class=\"ps3891 ss43\"><span class=\"f charStyle-c9c26710 ps1313\">(1.245.444)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps2766 ss399_1\"><div><div class=\"ps3401_1 ss366\"><span class=\"f charStyle-40b73844 ps3903\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3904_1 ss400_1\"><div><div class=\"ps3401_1 ss451\"><span class=\"f charStyle-c9c26710 ps2266_1\">1.578.149</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3905_1 ss401_1\"><div><div class=\"ps3401_1 ss376_1\"><span class=\"f charStyle-c9c26710 ps2637\">(85.152)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3906_1 ss402_1\"><div><div class=\"ps3401_1 ss556\"><span class=\"f charStyle-c9c26710 ps1812\">54.100</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3908 ss403_1\"><div><div class=\"ps3401_1 ss1\"><span class=\"f charStyle-c9c26710 ps3907\">(2.748)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3909 ss404_1\"><div><div class=\"ps3401_1 ss198_1\"><span class=\"f charStyle-c9c26710 ps753\">8.141</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3910 ss405_1\"><div><div class=\"ps3401_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps979\">41.883</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3911 ss44\"><div><div class=\"ps3401_1 ss43\"><span class=\"f charStyle-c9c26710 ps3855\">1.594.373</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3912 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las principales altas del ejercicio correspondieron a las inversiones realizadas en hoteles situados en Espa\u00f1a por un total de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">24,6 millones de euros. En el plano internacional, las principales altas fueron en Rep\u00fablica Dominicana con 18,4 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3914_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">euros, en su mayor\u00eda a causa de la inversi\u00f3n realizada en el centro hotelero en proceso de reforma operado bajo la marca Zel.</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3915_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El saldo de Obras en curso inclu\u00eda 9,1 millones de euros correspondientes a dicho hotel. Las bajas incluyeron 2,8 millones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3916_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:307.98pt\">euros derivado de la venta de terrenos escriturados en Brasil (ver Nota 2.4).</span></div><div class=\"ps3917_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En el ep\u00edgrafe Traspasos se incluy\u00f3 un traspaso por 8,1 millones de euros correspondiente al ep\u00edgrafe Derechos de uso del</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3918_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:140.64pt\">Balance consolidado (ver Nota 17).</span></div><div class=\"ps3919_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">El gasto de amortizaci\u00f3n y deterioro incluy\u00f3 una correcci\u00f3n valorativa de 2,5 millones de euros en un centro de Panam\u00e1 debido</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3920_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">al ajuste del valor del activo a su valor razonable y el impacto negativo resultante de la valoraci\u00f3n de activos realizada en el</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3921_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">ejercicio 2024, por 4 millones de euros, en un centro hotelero situado en Espa\u00f1a, y con mayor incidencia, en un centro</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3922_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:191.85pt\">hotelero situado en Reino Unido (ver Nota 7.5).</span></div><div class=\"ps3923_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El tipo de cambio afect\u00f3 positivamente al valor del inmovilizado debido a la apreciaci\u00f3n del d\u00f3lar y de la libra esterlina frente</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3924_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:31.5pt\">al euro.</span></div><div class=\"ps3925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:88.27pt\">Otras consideraciones</span></div><div class=\"ps3926_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El n\u00famero de inmuebles en propiedad que se encuentran hipotecados en garant\u00eda de diversos pr\u00e9stamos a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3929_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:362.83pt\"> es de 7 y su valor neto contable asciende a 374,3 millones de euros, mientras que en </span><span class=\"f charStyle-f47c836a ps3927\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3928\" style=\"width:114.95pt\"> el n\u00famero de inmuebles se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3931_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.56pt\">mantuvo en 7 y su valor neto contable fue de 406,3 millones de euros.</span><span class=\"f charStyle-f47c836a ps3930\" style=\"width:2.71pt\"> </span></div><div class=\"ps3932_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S. </span></div><div class=\"ps3933_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span></div><div class=\"ps3938_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:10.66pt\">Al </span><span class=\"f charStyle-f47c836a ps3934\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps3935\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3936\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3937\" style=\"width:366.73pt\">, los Administradores consideran que existe suficiente cobertura de seguros de sus activos.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las plusval\u00edas netas derivadas de las actualizaciones de valores efectuadas por la sociedad matriz al amparo de diversas</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">disposiciones legales y actualizaciones voluntarias, anteriores a 1997, con el objeto de corregir los efectos de la inflaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:130.03pt\">monetaria fueron las siguientes:</span></div><div class=\"ps3950_1 ss0_2\"><div class=\"ss406_1 ws0 ps3949_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:249.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:143.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1979</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3940_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">24.848</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3941_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">28.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2497_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3942\">1.197</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1982</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3943 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">26.480</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n voluntaria anterior a 1990</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15023 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3942\">3.146</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n R.D.L. 7/96</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3945_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">53.213</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps851 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-4ed8e3ec ps3946\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3948_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-4ed8e3ec ps3947\">137.736</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3953_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:42.77pt\">Valoraci\u00f3n</span><span class=\"f charStyle-8dfb1947 ps3951\" style=\"width:43.49pt\"> de activos</span><span class=\"f charStyle-8dfb1947 ps3952\" style=\"width:2.71pt\"> </span></div><div class=\"ps3954_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Tal y como se comenta en la Nota 3.2, la Compa\u00f1\u00eda obtiene de forma peri\u00f3dica valoraciones realizadas por expertos</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3955_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">independientes. En este sentido, el Grupo ha obtenido en 2025 tasaciones de determinados activos en propiedad, y ha</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3956_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">considerado para su porfolio de activos la evoluci\u00f3n del valor recuperable de los mismos en comparaci\u00f3n con los valores</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3958_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:250.29pt\">recogidos en las tasaciones obtenidas en el ejercicio anterior.</span><span class=\"f charStyle-f47c836a ps3957\" style=\"width:2.71pt\"> </span></div><div class=\"ps3026 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Meli\u00e1 Hotels International, S.A. encarg\u00f3 en el ejercicio 2024 la valoraci\u00f3n de los activos en propiedad de su Grupo, con fecha</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de valoraci\u00f3n 31 de diciembre de 2024. Dichos activos fueron valorados por la firma mundial especializada en servicios de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3029_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">inversi\u00f3n y consultor\u00eda hotelera CBRE Valuation Advisory, S.A., conforme a los est\u00e1ndares globales RICS (Royal Institution of</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3959_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Chartered Surveyors) vigentes a la fecha de valoraci\u00f3n. La valoraci\u00f3n de dichos activos a 31 de diciembre de 2024 alcanz\u00f3 los</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3960_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">4,7 mil millones de euros, a los que se a\u00f1adieron otros 561 millones por la participaci\u00f3n de la Compa\u00f1\u00eda en otros activos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3962_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.72pt\">mantenidos en entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps8052\" style=\"width:2.71pt\"> </span></div><div class=\"ps3963_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">A cierre del presente ejercicio no se han detectado diferencias significativas con respecto a los valores de los activos valorados</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3965 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.7pt\">en el ejercicio 2024, a excepci\u00f3n del deterioro registrado asociado a un centro hotelero en el Reino Unido.</span><span class=\"f charStyle-f47c836a ps3964_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3968 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 11.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps3967_1\"><span style=\"display:inline-block;height:11.34pt;width:11.59pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Inversiones Inmobiliarias</span></div><div class=\"ps3969 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El saldo de inversiones inmobiliarias recoge el valor razonable neto de inversiones realizadas por el Grupo para obtener rentas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3970 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de alquiler o plusval\u00edas, en las que se incluyen participaciones en apartamentos de tres comunidades de propietarios en Espa\u00f1a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3972_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:426.07pt\">explotadas en r\u00e9gimen hotelero, un centro comercial en Am\u00e9rica y otros terreros e inmuebles en Espa\u00f1a.</span><span class=\"f charStyle-f47c836a ps3971\" style=\"width:2.71pt\"> </span></div><div class=\"ps3975_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.2pt\">Los movimientos registrados durante el ejercicio </span><span class=\"f charStyle-f47c836a ps3973\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3974_1\" style=\"width:294.53pt\">, seg\u00fan los tipos de activos incluidos en este ep\u00edgrafe, se detallan en la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3976_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:63.12pt\">siguiente tabla:</span></div><div class=\"ps4003_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss415_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:248.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90.75pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:87pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss408_1\"><div><div class=\"ps476 ss103\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1466 ss410_1\"><div><div class=\"ps476 ss458\"><span class=\"f charStyle-4ed8e3ec ps3978\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3635 ss411_1\"><div><div class=\"ps476 ss53\"><span class=\"f charStyle-4ed8e3ec ps12526\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5986 ss412_1\"><div><div class=\"ps476 ss173_1\"><span class=\"f charStyle-28c2751e ps6118\">Saldo 31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-f47c836a ps267\">Apartamentos Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3984_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-f47c836a ps843\">136.422</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3985_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.004</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3987_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-f47c836a ps2804\">146.426</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-f47c836a ps267\">Centros Comerciales Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3989_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-f47c836a ps1723\">4.539</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3991_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-f47c836a ps7438\">4.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-f47c836a ps267\">Otros inmuebles Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3993_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-f47c836a ps3992\">15.871</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3994_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.191</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3996_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-f47c836a ps3995\">18.062</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2620 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-4ed8e3ec ps2335\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3998_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-4ed8e3ec ps2428\">156.832</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4000 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">12.195</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4002_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-4ed8e3ec ps4001\">169.027</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4004_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Las altas del ejercicio se corresponden, principalmente, con la revisi\u00f3n de valor de las inversiones inmobiliarias que han</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps4005_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">impactado en el ep\u00edgrafe de Ingresos operativos y plusval\u00edas de inmovilizado de la Cuenta de p\u00e9rdidas y ganancias por importe</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps4006_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de 11 millones de euros. Adem\u00e1s, se incluye en el ep\u00edgrafe de altas de Apartamentos Espa\u00f1a un importe de 0,9 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps4007_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">euros con motivo de la adquisici\u00f3n de apartamentos en dos de las tres comunidades de propietarios sobre las que participa el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4008_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El desglose de los resultados generados por las inversiones inmobiliarias en la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.56pt\">Grupo aparece en el siguiente cuadro:</span></div><div class=\"ps3110 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:217.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:78.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69pt\"></td></tr><tr style=\"height:35.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss417_1\"><div><div class=\"ps4014 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4019_1 ss419_1\"><div><div class=\"ps4016_1 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4015_1\">Apartamentos </span></div><div class=\"ps4018 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps14813\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3506 ss421_1\"><div><div class=\"ps4020_1 ss558\"><span class=\"f charStyle-4ed8e3ec ps378_1\">Centros </span></div><div class=\"ps4014 ss558\"><span class=\"f charStyle-4ed8e3ec ps4021\">Comerciales </span></div><div class=\"ps4023 ss558\"><span class=\"f charStyle-4ed8e3ec ps6975\">Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss419_1\"><div><div class=\"ps4020_1 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps14129\">Otros </span></div><div class=\"ps4014 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps313\">inmuebles </span></div><div class=\"ps4023 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps14813\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11328 ss419_1\"><div><div class=\"ps4014 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4028\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4031 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-f47c836a ps4030_1\">329</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4032_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps835\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4034_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4033\">388</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4036_1 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-f47c836a ps4035\">(59)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4038 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4037_1\">(59)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14507 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps4039\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4041_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps869\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4043_1 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-4ed8e3ec ps1926\">270</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4045_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4044\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4047 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps6974\">329</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3830 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Resultados financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4048 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4033\">567</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4049_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4033\">567</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps619 ss425_1\"><div><div class=\"ps1102_1 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Resultados entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4052_1 ss426_1\"><div><div class=\"ps1102_1 ss418_1\"><span class=\"f charStyle-f47c836a ps461\">7.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4053_1 ss426_1\"><div><div class=\"ps1102_1 ss418_1\"><span class=\"f charStyle-f47c836a ps461\">7.607</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps15773 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps4054\">Resultado Neto</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4056_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4055\">8.175</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4057_1 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-4ed8e3ec ps1926\">270</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4058_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4044\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4059_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4055\">8.504</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4060_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">La aportaci\u00f3n de los apartamentos en Espa\u00f1a corresponde a la parte proporcional de los resultados del ejercicio de las</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4061_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">sociedades que integran por el m\u00e9todo de la participaci\u00f3n. Dichos apartamentos corresponden a establecimientos que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps4062_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Grupo explota en r\u00e9gimen de gesti\u00f3n a trav\u00e9s de entidades asociadas y negocios conjuntos, generando ingresos por este</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4063 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.23pt\">concepto por importe de 9,2 millones de euros, no incluidos en el cuadro anterior.</span></div><div class=\"ps3956_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">La aportaci\u00f3n del centro comercial de Am\u00e9rica corresponde a la parte de la Cuenta de p\u00e9rdidas y ganancias de la sociedad</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3958_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">explotadora, mientras que la aportaci\u00f3n de los otros inmuebles en Espa\u00f1a corresponde al alquiler de un local situado en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4064 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:30.47pt\">Madrid.</span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:275.03pt\">A efectos comparativos, se presentan los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps4065_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4066_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps4067_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4091_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss428_1\"><div><div class=\"ps476 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss37_1\"><div><div class=\"ps568 ss37\"><span class=\"f charStyle-4ed8e3ec ps11478\">Saldo </span></div><div class=\"ps570 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3711 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4074_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4075_1 ss37_1\"><div><div class=\"ps568 ss37\"><span class=\"f charStyle-4ed8e3ec ps11478\">Saldo </span></div><div class=\"ps570 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Apartamentos Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4076_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">95.337</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4077_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">41.085</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4078_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">136.422</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Centros Comerciales Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4079_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">6.054</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4080_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.515)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4081_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">4.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Otros inmuebles Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4082_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">16.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3820 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">774</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4084_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.410)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4085_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">15.870</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2620 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4087_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">117.898</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4088_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps910\">41.859</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4089_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(2.925)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4090_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">156.832</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4092_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Las principales altas y bajas se correspondieron con la revisi\u00f3n de valor de las inversiones inmobiliarias en base a la valoraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4093_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.75pt\">de activos realizada en el ejercicio 2024 y descrita en la Nota 10.</span></div><div class=\"ps4094_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Adicionalmente, se incluyeron altas de apartamentos en Espa\u00f1a por 2 millones de euros, con motivo de la adquisici\u00f3n de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4095_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.27pt\">apartamentos en las tres comunidades de propietarios sobre las que participa el Grupo.</span></div><div class=\"ps4096_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:395.45pt\">Las bajas de Otros inmuebles Espa\u00f1a correspondieron a la venta de un solar situado en Cantabria.</span></div><div class=\"ps4097_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El desglose de los resultados generados por las inversiones inmobiliarias en la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps4099 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:243.13pt\">Grupo del ejercicio anterior aparece en el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps4098\" style=\"width:2.71pt\"> </span></div><div class=\"ps4127 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:35.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss431_1\"><div><div class=\"ps4014 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss432_1\"><div><div class=\"ps4016_1 ss37\"><span class=\"f charStyle-4ed8e3ec ps383\">Apartamentos </span></div><div class=\"ps4018 ss37\"><span class=\"f charStyle-4ed8e3ec ps14667\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3711 ss432_1\"><div><div class=\"ps4020_1 ss37\"><span class=\"f charStyle-4ed8e3ec ps15020\">Centros </span></div><div class=\"ps4014 ss37\"><span class=\"f charStyle-4ed8e3ec ps15001\">Comerciales </span></div><div class=\"ps4023 ss37\"><span class=\"f charStyle-4ed8e3ec ps2635\">Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4074_1 ss432_1\"><div><div class=\"ps4016_1 ss37\"><span class=\"f charStyle-4ed8e3ec ps4103\">Otros inmuebles </span></div><div class=\"ps4018 ss37\"><span class=\"f charStyle-4ed8e3ec ps14667\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4075_1 ss432_1\"><div><div class=\"ps4014 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Ingresos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4104_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4105_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps909\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4106 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">271</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Gastos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4107_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.958)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4108 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.958)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11297 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-4ed8e3ec ps4109\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4112_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps4111_1\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4113_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(1.747)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4115_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps1730\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4116_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(1.687)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4045 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Resultados financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4117_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">368</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4118 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">368</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Resultados entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4119_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps559\">6.235</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4120_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps559\">6.235</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps436 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-4ed8e3ec ps4121\">Resultado Neto</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4123_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps4122\">6.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4124 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(1.747)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4125 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps1730\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4126 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps4122\">4.916</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">La aportaci\u00f3n de los apartamentos en Espa\u00f1a correspondi\u00f3 a la parte proporcional de los resultados del ejercicio de las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sociedades que integran por el m\u00e9todo de la participaci\u00f3n. Dichos apartamentos generaron ingresos derivados de su</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4128 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:389.27pt\">explotaci\u00f3n en r\u00e9gimen de gesti\u00f3n por 8,8 millones de euros, no incluidos en el cuadro anterior.</span></div><div class=\"ps4129 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La aportaci\u00f3n del centro comercial de Am\u00e9rica correspondi\u00f3 a la parte de la Cuenta de p\u00e9rdidas y ganancias de la sociedad</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps4130 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">explotadora, que en el ejercicio 2024 se vio impactada por el ajuste de valor comentado anteriormente, mientras que la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4131 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.34pt\">aportaci\u00f3n de los otros inmuebles en Espa\u00f1a correspondi\u00f3 al alquiler de un local situado en Madrid.</span></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_58\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 12.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps4132_1\"><span style=\"display:inline-block;height:11.34pt;width:9.54pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Inversiones Valoradas por el M\u00e9todo de la Participaci\u00f3n</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las inversiones financieras correspondientes a las participaciones existentes en empresas asociadas y negocios conjuntos han</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.44pt\">sido valoradas de acuerdo al m\u00e9todo de la participaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps4133\" style=\"width:2.71pt\"> </span></div><div class=\"ps2464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:292.7pt\">A continuaci\u00f3n, se relacionan los saldos y movimientos de este ep\u00edgrafe:<span class=\"f ps9\"> </span></span></div><div class=\"ps4346_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:164.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:38.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:40.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss310_1\"><div><div class=\"ps476 ss309_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3470_1 ss435_1\"><div><div class=\"ps476 ss434_1\"><span class=\"f charStyle-4ed8e3ec ps3631\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4136_1 ss436_1\"><div><div class=\"ps568 ss645\"><span class=\"f charStyle-4ed8e3ec ps4134\">Saldo </span></div><div class=\"ps570 ss645\"><span class=\"f charStyle-4ed8e3ec ps4135\">31/12/2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4139 ss313_1\"><div><div class=\"ps568 ss451\"><span class=\"f charStyle-4ed8e3ec ps4137_1\">Resultado </span></div><div class=\"ps570 ss451\"><span class=\"f charStyle-4ed8e3ec ps4138_1\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4140 ss438_1\"><div><div class=\"ps476 ss23\"><span class=\"f charStyle-4ed8e3ec ps3660\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4074_1 ss440_1\"><div><div class=\"ps476 ss439_1\"><span class=\"f charStyle-4ed8e3ec ps1439\">Bajas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4143 ss195_1\"><div><div class=\"ps476 ss194_1\"><span class=\"f charStyle-4ed8e3ec ps4142_1\">Dif.Cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4144 ss436_1\"><div><div class=\"ps568 ss645\"><span class=\"f charStyle-4ed8e3ec ps4134\">Saldo </span></div><div class=\"ps570 ss645\"><span class=\"f charStyle-4ed8e3ec ps4135\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8399 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4146_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4148_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">24.264</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4150_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4149\">(1.160)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4152_1 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">961</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4154 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(1.214)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4155 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-f47c836a ps4147\">22.850</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11634 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Altavista Hotelera, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4156 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">48,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4157 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">39.993</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4159 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">1.663</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4160_1 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">58</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4161_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">41.714</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11455 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Producciones de Parques, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4162_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4163_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">12.788</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4164_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1186\">26.237</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4166 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps5052\">9</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4168 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps4167\">(23.154)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4169 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">15.881</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Fourth Project 2012, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4170 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4171 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">1.340</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4172 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4174 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps4173_1\">16.067</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4175_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">17.691</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1231 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4176_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4178_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(593)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4179 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">264</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1250 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps5809\">329</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4183_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4182_1\">0</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3838 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Holazel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4185_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4187 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps14225\">1.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4188_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">131</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4189_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">1.552</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1725 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Yagoda Inversiones, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4191_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6036 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps6972\">125</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6040 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1320\">(9)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4196_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps6972\">116</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1527 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4198_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps267\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4199 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(190)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4200 ss442_1\"><div><div class=\"ps10988 ss23\"><span class=\"f charStyle-9f1a0df2 ps651_1\">244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4202 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps14817\">(54)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4203 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4182_1\">0</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14440 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Arroyo, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4205 ss445_1\"><div><div class=\"ps964 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">33,33%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4206 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(254)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4208_1 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps4207\">2.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4211_1 ss368_1\"><div><div class=\"ps964 ss194_1\"><span class=\"f charStyle-934a7fa2 ps2480\">83</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4212_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">2.140</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps2682 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-28c2751e ps2331\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4215_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-28c2751e ps4214_1\">79.931</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4217 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-28c2751e ps4216\">26.109</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4219 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-28c2751e ps4218_1\">19.914</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4221_1 ss449_1\"><div><div class=\"ps964 ss439_1\"><span class=\"f charStyle-28c2751e ps4220\">(24.368)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4223_1 ss368_1\"><div><div class=\"ps964 ss194_1\"><span class=\"f charStyle-28c2751e ps14150\">358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4225_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-28c2751e ps11731\">101.944</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4226_1 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Homasi, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4227 ss445_1\"><div><div class=\"ps964 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4228_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">37.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4229_1 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-934a7fa2 ps4149\">(5.148)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4230_1 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps4207\">2.900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4231_1 ss449_1\"><div><div class=\"ps964 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(4.746)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4232_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">30.231</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5111 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4234_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,95%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4235_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4236_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps13163\">58</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4237 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">149</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4239_1 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps360\">(284)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4240_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.424</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9436 ss450_1\"><div><div class=\"ps2435_1 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo Promedro (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4241_1 ss451_1\"><div><div class=\"ps2435_1 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4242_1 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">9.440</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4243_1 ss392_1\"><div><div class=\"ps2435_1 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">1.438</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4244_1 ss453_1\"><div><div class=\"ps2435_1 ss439_1\"><span class=\"f charStyle-934a7fa2 ps360\">(443)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2685_1 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">10.435</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6316 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4246 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4247_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.238</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4248_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4249 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps360\">(116)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4250_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.478</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3573 ss454_1\"><div><div class=\"ps4251_1 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4252_1 ss455_1\"><div><div class=\"ps4251_1 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">34,27%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4253_1 ss456_1\"><div><div class=\"ps4251_1 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">9.073</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4254_1 ss457_1\"><div><div class=\"ps4251_1 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">5.685</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4256 ss458_1\"><div><div class=\"ps4255_1 ss23\"><span class=\"f charStyle-9f1a0df2 ps651_1\">202</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4257 ss459_1\"><div><div class=\"ps4251_1 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(2.957)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4258 ss456_1\"><div><div class=\"ps4251_1 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">12.004</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4259 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">C.P.Meli\u00e1 Costa del Sol</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4260 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">24,20%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4261 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">5.774</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4262 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">1.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4263 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">63</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4264 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(1.879)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4265_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">5.880</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12682 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo El Recreo (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4266_1 ss445_1\"><div><div class=\"ps964 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4267 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.955</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4268 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps5052\">7</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4269_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.962</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6335 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Inversiones Guiza, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4270_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">49,85%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6337 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4271\">(9)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4274_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4273_1\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4275_1 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">48</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4277_1 ss211_1\"><div><div class=\"ps482 ss194_1\"><span class=\"f charStyle-934a7fa2 ps1830\">(4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4279_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4278\">37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4280 ss318_1\"><div><div class=\"ps1746 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Hellenic Hotel Management</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4281_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4283_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4282_1\">(76)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4284 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4282_1\">(76)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4285 ss318_1\"><div><div class=\"ps1746 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Starmel Hotels JV,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4286_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4287 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps817_1\">(135)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4289 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11371\">(6)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4290 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps817_1\">(141)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4291_1 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4292 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4293 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.554</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4294_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4273_1\">4</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4295 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.559</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11560 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Fuerteventura Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4296_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4297_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.298</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4298 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(347)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4299 ss442_1\"><div><div class=\"ps10988 ss23\"><span class=\"f charStyle-9f1a0df2 ps3354\">53</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4300_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.004</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8204 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Santa Eulalia Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4302_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4303_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">8.832</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4304 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">216</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4305 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">20</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4307 ss443_1\"><div><div class=\"ps10988 ss439_1\"><span class=\"f charStyle-9f1a0df2 ps14434\">(63)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4308 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">9.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4309 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4310 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4311 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">15.689</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4312 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">3.762</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4313 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">173</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4315 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps6647\">(5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4316_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">19.619</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15465 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo Terti\u00e1n XXI (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4320_1 ss445_1\"><div><div class=\"ps4319_1 ss434_1\"><span class=\"f charStyle-6f9b64c7 ps4318\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4321_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">12.585</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4322_1 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">2.301</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4323_1 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps4173_1\">21.697</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4325 ss449_1\"><div><div class=\"ps964 ss439_1\"><span class=\"f charStyle-934a7fa2 ps4324_1\">(91)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4326 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">36.493</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4327 ss450_1\"><div><div class=\"ps2435_1 ss309_1\"><span class=\"f charStyle-28c2751e ps589\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4328 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">126.946</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4329 ss392_1\"><div><div class=\"ps2435_1 ss451\"><span class=\"f charStyle-28c2751e ps4216\">10.243</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4330 ss837\"><div><div class=\"ps2435_1 ss23\"><span class=\"f charStyle-28c2751e ps4218_1\">25.312</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4331_1 ss453_1\"><div><div class=\"ps2435_1 ss439_1\"><span class=\"f charStyle-28c2751e ps4220\">(10.584)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4333_1 ss461_1\"><div><div class=\"ps2435_1 ss194_1\"><span class=\"f charStyle-28c2751e ps4332\">(4)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4334_1 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">151.912</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4337 ss462_1\" style=\"overflow:hidden\"><div><div class=\"ps4336_1 ss645\"><span class=\"f charStyle-934a7fa2 ps4335\">\u2014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps584_1 ss463_1\"><div><div class=\"ps4339_1 ss309_1\"><span class=\"f charStyle-28c2751e ps4338\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4340_1 ss652\"><div><div class=\"ps4339_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">206.876</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4341 ss453\"><div><div class=\"ps4339_1 ss451\"><span class=\"f charStyle-28c2751e ps4216\">36.352</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4342_1 ss466_1\"><div><div class=\"ps4339_1 ss23\"><span class=\"f charStyle-28c2751e ps4218_1\">45.226</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4343_1 ss467_1\"><div><div class=\"ps4339_1 ss439_1\"><span class=\"f charStyle-28c2751e ps4220\">(34.952)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4344_1 ss468_1\"><div><div class=\"ps4339_1 ss194_1\"><span class=\"f charStyle-28c2751e ps14150\">354</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4345_1 ss652\"><div><div class=\"ps4339_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">253.856</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4347 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4348 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:272.74pt\">Grupo Tertian XXI est\u00e1 compuesto por las sociedades Tertian XXI, S.L. y Lierinto S.L.U.</span></div><div class=\"ps4349_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:338.63pt\">Grupo Melia Hotels USA, LLC compuesto por las sociedades Melia Hotels USA,Llc\u00a0 y\u00a0 Melia Hotels Florida Llc.</span></div><div class=\"ps4350_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:249.12pt\">Grupo Promedro compuesto por las sociedades Promedro,S.A. y\u00a0  Nexprom,S.A.</span></div><div class=\"ps4351 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:306.63pt\">Grupo El Recreo compuesto por las sociedades El Recreo Plaza C.A. y\u00a0 El Recreo Plaza &amp; C\u00eda. C.A.</span></div><div class=\"ps4353_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:403.54pt\">Grupo Renasala,S.L. compuesto por las sociedades Renasala,S.L, Starmel Hoteles OP S.L.U, Torremolinos Beach Property, S.L.U,</span><span class=\"f charStyle-df66f676 ps4352_1\" style=\"width:4.2pt\">\u00a0 </span></div><div class=\"ps4354_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:357.47pt\">Palmanova Beach Property, S.L.U., Puerto del Carmen Beach Property, S.L.U, San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4356_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Los saldos inclu\u00eddos en la sociedad Evertmel, S.L. incluyen los saldos de las sociedades Mongamenda, S.L.U. y Jamaica DevCo,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps4357_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:302.75pt\">S.L., que durante el ejercicio han fusionado con la sociedad Evertmel, S.L.</span></div><div class=\"ps4358 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los resultados del ejercicio de las sociedades valoradas por el m\u00e9todo de la participaci\u00f3n incluyen 23,9 millones de euros</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps4359 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">relativos al correspondiente porcentaje del beneficio generado por la sociedad Producciones de Parques, S.L. por la venta de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4362 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:260.73pt\">las participaciones de la sociedad Tertian XXI, S.L. (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps4360_1\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps4361_1\" style=\"width:251.42pt\"> Asimismo, el resultado negativo de Homasi, S.A. incluye una</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4363 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">p\u00e9rdida de 7,6 millones de euros por el deterioro de las participaciones que mantiene dicha sociedad sobre sociedades que</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps4364 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:298.59pt\">poseen los derechos de explotaci\u00f3n de 5 hoteles en la Rep\u00fablica de Cuba.</span></div></div><div><div class=\"ps2534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las altas del ejercicio corresponden, principalmente, a la compra de las participaciones de la sociedad Tertian XXI, S.L.\u00a0 por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">21,7 millones de euros (ver Nota 5).\u00a0 Por otra parte, la operaci\u00f3n realizada con TCME Hospitality and Leisure, S.L. (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">ha supuesto un incremento de 16,1 millones de euros en la valoraci\u00f3n de la participaci\u00f3n en la sociedad Fourth Project 2012,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:15.47pt\">S.L.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Por otra parte, las bajas del ejercicio se deben principalmente al reparto de dividendos de varias sociedades por 33,4 millones</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:452.39pt\">de euros. Adem\u00e1s, se ha producido la baja, sin efectos, de la sociedad Sierra Parima, S.A.S. tras su integraci\u00f3n.</span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:397.2pt\">Los movimientos de participaciones en entidades asociadas y negocios conjuntos para el ejercicio </span><span class=\"f charStyle-f47c836a ps4367\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4368_1\" style=\"width:88.98pt\"> fueron los siguientes:</span><span class=\"f charStyle-f47c836a ps4369\" style=\"width:2.71pt\"> </span></div><div class=\"ps4559_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:144pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:42.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss470_1\"><div><div class=\"ps3465 ss425\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4371 ss435_1\"><div><div class=\"ps3465 ss434_1\"><span class=\"f charStyle-40b73844 ps4370\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7419 ss317_1\"><div><div class=\"ps3467 ss316_1\"><span class=\"f charStyle-40b73844 ps2012\">Saldo </span></div><div class=\"ps3469_1 ss316_1\"><span class=\"f charStyle-40b73844 ps4373\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4377_1 ss313_1\"><div><div class=\"ps3467 ss451\"><span class=\"f charStyle-40b73844 ps2322\">Resultado </span></div><div class=\"ps3469_1 ss451\"><span class=\"f charStyle-40b73844 ps4376\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4379_1 ss36_1\"><div><div class=\"ps3465 ss13_1\"><span class=\"f charStyle-40b73844 ps4378\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14487 ss472_1\"><div><div class=\"ps3465 ss471_1\"><span class=\"f charStyle-40b73844 ps4380\">Bajas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1457 ss341_1\"><div><div class=\"ps3465 ss312\"><span class=\"f charStyle-40b73844 ps4382\">Dif.Cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps9352 ss339_1\"><div><div class=\"ps3467 ss28\"><span class=\"f charStyle-40b73844 ps4383\">Saldo </span></div><div class=\"ps3469_1 ss28\"><span class=\"f charStyle-40b73844 ps2198_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Evertmel (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4386_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4388_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">25.899</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4389_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.231)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4390_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(404)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4392 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">24.264</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Altavista Hotelera, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4393_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">48,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4394_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">38.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4395_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.412</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4397_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps11759\">79</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4398_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">39.993</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Melcom (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4399_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4400_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">18.436</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4401_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">479</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4402 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps14859\">(18.915)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4404_1 ss358_1\"><div><div class=\"ps10988 ss28\"><span class=\"f charStyle-9f1a0df2 ps4403_1\">0</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Producciones de Parques (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4405_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4406_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">22.918</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4407_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4408_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(331)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4409_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">25.373</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Fourth Project 2012, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4410_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4411_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">1.768</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4412_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">391</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4413_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(819)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4414_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">1.340</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3838 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4415_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4416_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">158</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4418_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps4417\">(158)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4419_1 ss358_1\"><div><div class=\"ps10988 ss28\"><span class=\"f charStyle-9f1a0df2 ps4403_1\">0</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1725 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Holazel, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4420_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4421_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">1.792</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4422_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(371)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4423_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">1.421</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1527 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Yagoda Inversiones, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4424_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4425 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps14425\">137</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4426_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(107)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4427 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps11759\">95</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4429_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps4428\">125</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14440 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4430 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4431_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(3.459)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4433 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4432\">3.537</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4435 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps13100\">(79)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4436_1 ss358_1\"><div><div class=\"ps10988 ss28\"><span class=\"f charStyle-9f1a0df2 ps4403_1\">0</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps4438 ss476_1\"><div><div class=\"ps649 ss68\"><span class=\"f charStyle-40b73844 ps11516\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4440_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">109.452</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4442_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2767\">59</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4443_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-c9c26710 ps1347\">3.711</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4445_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-c9c26710 ps4444\">(20.470)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4446_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-c9c26710 ps271\">(236)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4448_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-c9c26710 ps4447_1\">92.516</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15516 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Homasi, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4449_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4450 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">61.016</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4451_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(22.343)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4453 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps14663\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4455_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps4454\">(1.450)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4456_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">37.225</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14469 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4457_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,01%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4458_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.486</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4459_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">395</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4460_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(379)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4461_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">6.502</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6230 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Promedro (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4462_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4463_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">8.399</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4464_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.722</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4465_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(681)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4466_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">9.440</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3881_1 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4467_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4468_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">4.002</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4469_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">355</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4470_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(118)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4471_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">4.238</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9461 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4473_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">33,71%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4474_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">7.535</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4475_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">3.919</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4477_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4476\">254</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4478 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps4454\">(2.635)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9471 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">9.073</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps864 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">C.P.Meli\u00e1 Costa del Sol</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4480_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">24,03%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4481 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.773</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4482 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.316</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4483_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps11759\">80</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4484 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps4454\">(3.395)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4485 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">5.774</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6247 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo El Recreo (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4486 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4487 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">5.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4488 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4476\">976</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4489 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">6.955</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps889 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Inversiones Guiza, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4490 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">49,85%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4492_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps2618\">(9)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4494_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps4493\">(1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4496_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps14933\">(9)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1610 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Hellenic Hotel Management</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4497_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4498_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps11369\">(76)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4500_1 ss358_1\"><div><div class=\"ps2107_1 ss28\"><span class=\"f charStyle-6f9b64c7 ps4499\">(76)</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"><div class=\"ps4502_1 ss477_1\"><div><div class=\"ps4501_1 ss425\"><span class=\"f charStyle-fb61828c ps267\">Mosaico Hoteles, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4503_1 ss455_1\"><div><div class=\"ps4501_1 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4504_1 ss478_1\"><div><div class=\"ps4501_1 ss316_1\"><span class=\"f charStyle-10d23c65 ps2618\">(1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4507_1 ss479_1\"><div><div class=\"ps4506 ss28\"><span class=\"f charStyle-6f9b64c7 ps14253\">(1)</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps4508 ss480_1\"><div><div class=\"ps3891 ss425\"><span class=\"f charStyle-fb61828c ps267\">Starmel Hotels JV,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4509 ss451_1\"><div><div class=\"ps3891 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4510 ss481_1\"><div><div class=\"ps3891 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(135)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4511 ss482_1\"><div><div class=\"ps3891 ss28\"><span class=\"f charStyle-fb61828c ps3172_1\">(135)</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps384_1 ss480_1\"><div><div class=\"ps3891 ss425\"><span class=\"f charStyle-fb61828c ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4512 ss451_1\"><div><div class=\"ps3891 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4513 ss481_1\"><div><div class=\"ps3891 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">4.683</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4514 ss392_1\"><div><div class=\"ps3891 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(129)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4515_1 ss482_1\"><div><div class=\"ps3891 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">4.554</span></div></div></div></td></tr><tr style=\"height:18pt\"><td style=\"padding:0\"><div class=\"ps189_1 ss483_1\"><div><div class=\"ps4516_1 ss425\"><span class=\"f charStyle-fb61828c ps267\">Fuerteventura Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4517_1 ss484_1\"><div><div class=\"ps4516_1 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4518_1 ss485_1\"><div><div class=\"ps4516_1 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.137</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4519_1 ss453\"><div><div class=\"ps4516_1 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(123)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4520_1 ss486_1\"><div><div class=\"ps4516_1 ss13_1\"><span class=\"f charStyle-10d23c65 ps4476\">321</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4522_1 ss487_1\"><div><div class=\"ps4516_1 ss471_1\"><span class=\"f charStyle-10d23c65 ps7020\">(37)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4523_1 ss71\"><div><div class=\"ps4516_1 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">6.298</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2853 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Santa Eulalia Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4525_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4526_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">7.609</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4527 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(28)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4528_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4432\">1.269</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4529_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps7020\">(17)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4530_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">8.832</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2856 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4532 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4533 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">12.971</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4534 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.879</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4535 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps14663\">3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4536 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(164)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4537_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">15.689</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps4539_1 ss476_1\"><div><div class=\"ps649 ss68\"><span class=\"f charStyle-40b73844 ps1722\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4540_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">131.368</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4542 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2254\">(11.039)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4543_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-c9c26710 ps1347\">2.906</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4545_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-c9c26710 ps2040\">(8.875)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4547 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-c9c26710 ps2318\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4549_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-c9c26710 ps4548\">114.360</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#005D55;padding:0\"><div class=\"ps4552_1 ss476_1\"><div><div class=\"ps649 ss68\"><span class=\"f charStyle-c9c26710 ps4551\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4553_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">240.820</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4554_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2254\">(10.980)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4555_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-c9c26710 ps1347\">6.617</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4556_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-c9c26710 ps4444\">(29.345)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4557_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-c9c26710 ps271\">(236)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4558_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-c9c26710 ps4548\">206.876</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:380.76pt\">Grupo Evertmel compuesto por las sociedades Evertmel, S.L, Mongamenda S.L.,\u00a0 Kimel MCA, S.L.U. y Jamaica DevCo S.L.</span><span class=\"f charStyle-df66f676 ps4561\" style=\"width:2.1pt\"> </span></div><div class=\"ps4564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:344.79pt\">Grupo Producciones de Parques compuesto por las sociedades Producciones de Parques, S.L.y Tertian XXI S.L.</span><span class=\"f charStyle-df66f676 ps13906\" style=\"width:2.1pt\"> </span></div><div class=\"ps4565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:338.63pt\">Grupo Melia Hotels USA, LLC compuesto por las sociedades Melia Hotels USA,Llc\u00a0 y\u00a0 Melia Hotels Florida Llc.</span></div><div class=\"ps4566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:249.12pt\">Grupo Promedro compuesto por las sociedades Promedro,S.A. y\u00a0  Nexprom,S.A.</span></div><div class=\"ps4567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:306.63pt\">Grupo El Recreo compuesto por las sociedades El Recreo Plaza C.A. y\u00a0 El Recreo Plaza &amp; C\u00eda. C.A.</span></div><div class=\"ps4568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:515.54pt\">Grupo Renasala,S.L. compuesto por las sociedades Renasala,S.L, Starmel Hoteles OP S.L.U, Torremolinos Beach Property, S.L.U, Palmanova Beach Property,</span><span class=\"f charStyle-df66f676 ps1143_1\" style=\"width:2.1pt\"> </span></div><div class=\"ps4569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:269.1pt\">S.L.U., Puerto del Carmen Beach Property, S.L.U, San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:398.77pt\">Grupo Melcom compuesto por las sociedades Pel\u00edcanos Property, S.L.U., Bellver Property, S.L.U. y\u00a0 Melcom Joint Venture. S.L.</span><span class=\"f charStyle-df66f676 ps4570\" style=\"width:6.3pt\">\u00a0  </span></div></div><div><div class=\"ps4573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las bajas del ejercicio correspondieron, principalmente, a la baja por 18,9 millones de euros del Grupo Melcom, que pasaron a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4574 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">integrarse por el m\u00e9todo de integraci\u00f3n global (ver Nota 5.2), as\u00ed como al reparto de dividendos de varias sociedades por 9,1</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4576 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros.</span><span class=\"f charStyle-f47c836a ps4575\" style=\"width:2.71pt\"> </span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El resultado negativo de la sociedad Homasi, S.A. fue debido al deterioro de las participaciones que manten\u00eda sobre sociedades</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.12pt\">que poseen los derechos de explotaci\u00f3n de 5 hoteles en la Rep\u00fablica de Cuba.</span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:294.04pt\">Informaci\u00f3n de entidades asociadas y negocios conjuntos m\u00e1s relevantes</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El detalle del Balance y la Cuenta de p\u00e9rdidas y ganancias agregados de algunas de las entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.32pt\">conjuntos con mayor relevancia por volumen de activo y resultado se desglosa a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps4577_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4642_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:111pt\"></td><td style=\"padding:0;width:58.5pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:58.5pt\"></td></tr><tr style=\"height:30.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss490_1\"><div><div class=\"ps3783 ss489_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4583_1 ss491_1\"><div><div class=\"ps4579 ss808\"><span class=\"f charStyle-c9c26710 ps1860\">Producciones </span></div><div class=\"ps3783 ss808\"><span class=\"f charStyle-c9c26710 ps6637\">de Parques, </span></div><div class=\"ps4582_1 ss808\"><span class=\"f charStyle-c9c26710 ps14365\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4584_1 ss492_1\"><div><div class=\"ps3783 ss108\"><span class=\"f charStyle-c9c26710 ps4218_1\">Homasi, S.A.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4585_1 ss375_1\"><div><div class=\"ps3788_1 ss451\"><span class=\"f charStyle-c9c26710 ps520_1\">Grupo </span></div><div class=\"ps3790_1 ss451\"><span class=\"f charStyle-c9c26710 ps2592\">Renasala (*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3326 ss493_1\"><div><div class=\"ps3788_1 ss34\"><span class=\"f charStyle-c9c26710 ps4586\">Grupo Terti\u00e1n\u00a0 \u00a0  </span></div><div class=\"ps3790_1 ss34\"><span class=\"f charStyle-c9c26710 ps4587\">(*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490_1 ss494_1\"><div><div class=\"ps3788_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4589\">Altavista </span></div><div class=\"ps3790_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4590_1\">Hotelera, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4593_1 ss495_1\"><div><div class=\"ps3788_1 ss645\"><span class=\"f charStyle-c9c26710 ps407\">Evertmel, </span></div><div class=\"ps3790_1 ss645\"><span class=\"f charStyle-c9c26710 ps590\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps23_2 ss491_1\"><div><div class=\"ps3783 ss808\"><span class=\"f charStyle-c9c26710 ps4447_1\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-934a7fa2 ps267\">EBITDA</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4595_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps14286\">3.692</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4597_1 ss78_1\"><div><div class=\"ps2107_1 ss108\"><span class=\"f charStyle-6f9b64c7 ps4596\">6.582</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4598_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-fb61828c ps2662\">27.804</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4600 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-fb61828c ps4599\">12.733</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4601 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-fb61828c ps11820\">10.055</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4603 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-fb61828c ps11556\">10.365</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4604 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps9486\">71.233</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps667_1 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-f47c836a ps267\">Amortizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4605 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps14286\">1.766</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4607_1 ss78_1\"><div><div class=\"ps2107_1 ss108\"><span class=\"f charStyle-6f9b64c7 ps1852\">(4)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4608 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-fb61828c ps3361\">(9.353)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4610_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-fb61828c ps14228\">(2.598)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4611_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(3.161)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4612_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-fb61828c ps3405\">(5.720)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4614_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps4613\">(19.070)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12469 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado financiero</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4615_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps9486\">57.146</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4616_1 ss78_1\"><div><div class=\"ps2107_1 ss108\"><span class=\"f charStyle-6f9b64c7 ps2039\">(496)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4617_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-fb61828c ps3361\">(6.370)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4618_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-fb61828c ps14228\">(1.191)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4619_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(2.345)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4620_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-fb61828c ps3405\">(5.191)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4621_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps9486\">41.552</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6862 ss498_1\"><div><div class=\"ps4251_1 ss489_1\"><span class=\"f charStyle-934a7fa2 ps267\">Impuesto sobre beneficios</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4622_1 ss499_1\"><div><div class=\"ps4501_1 ss808\"><span class=\"f charStyle-fb61828c ps3577\">(1.203)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4623_1 ss457_1\"><div><div class=\"ps4501_1 ss451\"><span class=\"f charStyle-fb61828c ps3361\">(4.219)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4624_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps14228\">(2.241)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4625_1 ss501_1\"><div><div class=\"ps4501_1 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(1.138)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4627_1 ss456_1\"><div><div class=\"ps4501_1 ss645\"><span class=\"f charStyle-fb61828c ps4626\">112</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4628_1 ss499_1\"><div><div class=\"ps4501_1 ss808\"><span class=\"f charStyle-fb61828c ps3577\">(8.689)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps15858 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-28c2751e ps11558\">RESULTADO NETO</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4630 ss347_1\"><div><div class=\"ps482 ss808\"><span class=\"f charStyle-28c2751e ps2950\">61.401</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4632_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-28c2751e ps4631\">6.082</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4634 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-28c2751e ps4633\">7.862</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4636_1 ss497_1\"><div><div class=\"ps482 ss34\"><span class=\"f charStyle-28c2751e ps2482\">6.703</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4638 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-28c2751e ps4637\">3.411</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4640_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-28c2751e ps4639\">(434)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4641 ss347_1\"><div><div class=\"ps482 ss808\"><span class=\"f charStyle-28c2751e ps2950\">85.027</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4760_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:114pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:30.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss503_1\"><div><div class=\"ps3783 ss502_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7864 ss493_1\"><div><div class=\"ps4579 ss34\"><span class=\"f charStyle-c9c26710 ps4444\">Producciones </span></div><div class=\"ps3783 ss34\"><span class=\"f charStyle-c9c26710 ps2038\">de Parques, </span></div><div class=\"ps4582_1 ss34\"><span class=\"f charStyle-c9c26710 ps1324\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3628_1 ss504_1\"><div><div class=\"ps3783 ss194_1\"><span class=\"f charStyle-c9c26710 ps4646\">Homasi, S.A.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4649_1 ss505_1\"><div><div class=\"ps3788_1 ss137\"><span class=\"f charStyle-c9c26710 ps4647_1\">Grupo </span></div><div class=\"ps3790_1 ss137\"><span class=\"f charStyle-c9c26710 ps4648\">Renasala (*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3711 ss493_1\"><div><div class=\"ps3788_1 ss34\"><span class=\"f charStyle-c9c26710 ps4586\">Grupo Terti\u00e1n\u00a0 \u00a0  </span></div><div class=\"ps3790_1 ss34\"><span class=\"f charStyle-c9c26710 ps4587\">(*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps998 ss494_1\"><div><div class=\"ps3788_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4589\">Altavista </span></div><div class=\"ps3790_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4590_1\">Hotelera, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5899 ss495_1\"><div><div class=\"ps3788_1 ss645\"><span class=\"f charStyle-c9c26710 ps407\">Evertmel, </span></div><div class=\"ps3790_1 ss645\"><span class=\"f charStyle-c9c26710 ps590\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2954_1 ss506_1\"><div><div class=\"ps3783 ss237_1\"><span class=\"f charStyle-c9c26710 ps2186_1\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3155 ss507_1\"><div><div class=\"ps3401_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">ACTIVO NO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4652_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">43.638</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4653 ss508_1\"><div><div class=\"ps3401_1 ss194_1\"><span class=\"f charStyle-fb61828c ps3354\">88.038</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4654_1 ss509_1\"><div><div class=\"ps3401_1 ss137\"><span class=\"f charStyle-fb61828c ps477_1\">188.105</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4656_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-fb61828c ps15278\">144.798</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4657 ss510_1\"><div><div class=\"ps3401_1 ss311_1\"><span class=\"f charStyle-fb61828c ps3502\">122.875</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4659 ss511_1\"><div><div class=\"ps3401_1 ss645\"><span class=\"f charStyle-fb61828c ps11658\">205.973</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4661 ss512_1\"><div><div class=\"ps3401_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">793.426</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss513_1\"><div><div class=\"ps4662_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Efectivo y otros medios </span></div><div class=\"ps4663 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">l\u00edquidos </span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4664_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">7.723</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1490 ss514_1\"><div><div class=\"ps4501_1 ss194_1\"><span class=\"f charStyle-fb61828c ps11430\">4.923</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4667_1 ss515_1\"><div><div class=\"ps4501_1 ss137\"><span class=\"f charStyle-fb61828c ps4666_1\">8.986</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4668 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">11.172</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4669_1 ss501_1\"><div><div class=\"ps4501_1 ss311_1\"><span class=\"f charStyle-fb61828c ps1867\">6.902</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4671_1 ss456_1\"><div><div class=\"ps4501_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">6.163</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4672 ss516_1\"><div><div class=\"ps4501_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">45.869</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Resto activo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4673_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">13.750</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4674_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-fb61828c ps3354\">11.827</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4675 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-fb61828c ps4666_1\">3.577</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4676_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(4.894)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4677 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">9.168</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4678_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">33.428</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps10827 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">ACTIVO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4681_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps14514\">21.473</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4683_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">16.750</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4685 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">12.563</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4686_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps14514\">11.172</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4688_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-3bd8e4b7 ps2879\">2.009</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4690 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-3bd8e4b7 ps14344\">15.332</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4692_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-3bd8e4b7 ps4691\">79.297</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps10835 ss522_1\"><div><div class=\"ps4516_1 ss502_1\"><span class=\"f charStyle-c9c26710 ps15139\">TOTAL ACTIVO</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4695_1 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps14514\">65.110</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4696_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">104.788</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4698_1 ss144\"><div><div class=\"ps4516_1 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">200.667</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4699 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps2765\">155.969</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4700 ss525_1\"><div><div class=\"ps4516_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps11824\">124.884</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4702 ss652\"><div><div class=\"ps4516_1 ss645\"><span class=\"f charStyle-c9c26710 ps4701_1\">221.304</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4704 ss526_1\"><div><div class=\"ps4516_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps15257\">872.723</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss527_1\"><div><div class=\"ps3735 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros no </span></div><div class=\"ps3737 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4706_1 ss528_1\"><div><div class=\"ps3739_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">3.434</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4707_1 ss820\"><div><div class=\"ps3739_1 ss137\"><span class=\"f charStyle-fb61828c ps477_1\">128.863</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4708_1 ss528_1\"><div><div class=\"ps3739_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">61.599</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4709_1 ss649\"><div><div class=\"ps3739_1 ss645\"><span class=\"f charStyle-fb61828c ps11658\">142.709</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss531_1\"><div><div class=\"ps3739_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">336.606</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1527 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos no corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4712 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps1154\">295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4714 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-fb61828c ps1866\">25.022</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4715 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">24.316</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4716_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-fb61828c ps1867\">6.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4717 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">5.323</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4718 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">61.260</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989 ss507_1\"><div><div class=\"ps3401_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">PASIVO NO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4721_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps4720\">3.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4722 ss509_1\"><div><div class=\"ps3401_1 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4697\">153.885</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4723_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps14514\">85.915</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4724_1 ss510_1\"><div><div class=\"ps3401_1 ss311_1\"><span class=\"f charStyle-3bd8e4b7 ps2879\">6.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4725 ss511_1\"><div><div class=\"ps3401_1 ss645\"><span class=\"f charStyle-3bd8e4b7 ps4701_1\">148.033</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4726_1 ss512_1\"><div><div class=\"ps3401_1 ss237_1\"><span class=\"f charStyle-3bd8e4b7 ps15257\">397.866</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15777 ss513_1\"><div><div class=\"ps4501_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4728_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps1154\">832</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4729_1 ss514_1\"><div><div class=\"ps4501_1 ss194_1\"><span class=\"f charStyle-fb61828c ps3354\">11.329</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4730_1 ss515_1\"><div><div class=\"ps4501_1 ss137\"><span class=\"f charStyle-fb61828c ps4666_1\">2.528</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4731_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">5.758</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4732_1 ss501_1\"><div><div class=\"ps4501_1 ss311_1\"><span class=\"f charStyle-fb61828c ps11820\">22.686</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4733_1 ss456_1\"><div><div class=\"ps4501_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">4.259</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4734_1 ss516_1\"><div><div class=\"ps4501_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.393</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4226_1 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4735_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">2.114</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4737_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-fb61828c ps929\">319</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4738_1 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-fb61828c ps1866\">12.469</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4739_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps1154\">209</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4740_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-fb61828c ps11820\">10.736</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4741_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-fb61828c ps11556\">21.940</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4742 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.786</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11209 ss532_1\"><div><div class=\"ps3753_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">PASIVO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4744_1 ss533_1\"><div><div class=\"ps3753_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps4720\">2.946</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4745_1 ss368_1\"><div><div class=\"ps3753_1 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">11.648</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4746_1 ss534_1\"><div><div class=\"ps3753_1 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">14.997</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4747_1 ss533_1\"><div><div class=\"ps3753_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps4720\">5.967</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4749_1 ss535_1\"><div><div class=\"ps3753_1 ss311_1\"><span class=\"f charStyle-3bd8e4b7 ps1433\">33.422</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4750_1 ss448_1\"><div><div class=\"ps3753_1 ss645\"><span class=\"f charStyle-3bd8e4b7 ps14344\">26.199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4751_1 ss536_1\"><div><div class=\"ps3753_1 ss237_1\"><span class=\"f charStyle-3bd8e4b7 ps4691\">95.180</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7699 ss522_1\"><div><div class=\"ps4516_1 ss502_1\"><span class=\"f charStyle-c9c26710 ps1711\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4753_1 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps4720\">6.675</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4754_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps4682_1\">11.648</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4755_1 ss144\"><div><div class=\"ps4516_1 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">168.882</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4756_1 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps14514\">91.883</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4757_1 ss525_1\"><div><div class=\"ps4516_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps1433\">39.726</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7703 ss652\"><div><div class=\"ps4516_1 ss645\"><span class=\"f charStyle-c9c26710 ps4701_1\">174.232</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4759_1 ss526_1\"><div><div class=\"ps4516_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps15257\">493.045</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4761_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4762_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Terti\u00e1n est\u00e1 compuesto por las sociedades Tertian XXI, S.L.y Lierinto, S.L.U.</span></div><div class=\"ps4763_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Renasala compuesto por las sociedades Renasala, S.L., Starmel Hotels OP, S.L.U, Torremolinos Beach Property, S.L.U, </span></div><div class=\"ps4764_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Palmanova Beach Property, S.L.U. Puerto del Carmen Beach Property, S.L.U, y San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El Grupo Terti\u00e1n, la sociedad Evertmel, S.L. y la sociedad Altavista Hotelera, S.L. son sociedades propietarias de hoteles, cuya</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps4767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:341.17pt\">explotaci\u00f3n la realizan otras sociedades del Grupo a trav\u00e9s de contratos de alquiler.</span></div><div class=\"ps4768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El Grupo Renasala y la sociedad Producciones de Parques, S.L. son sociedades propietarias y explotadoras de hoteles. Adem\u00e1s,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4769_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.75pt\">mantienen contratos firmados con la sociedad matriz del Grupo a trav\u00e9s de los cuales se les facturan honorarios de gesti\u00f3n.</span></div><div class=\"ps4770_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las sociedades Mongamenda, S.L y Jamaica DevCo, S.L, que compon\u00edan el Grupo Evertmel en 2024, se han fusionado durante</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">el presente ejercicio con la sociedad Evertmel, S.L.\u00a0 Por otra parte, la sociedad Kimel MCA, S.L.U., que tambi\u00e9n formaba</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:479.65pt\">parte del Grupo Evertmel en 2024, se ha fusionado en este ejercicio con la sociedad Ayosa Hoteles, S.L (ver Nota 5.1).</span><span class=\"f charStyle-df66f676 ps4772\" style=\"width:2.1pt\"> </span><span class=\"f charStyle-f47c836a ps4773\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps4782_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.41pt\">A efectos comparativos se presentan los importes referentes a </span><span class=\"f charStyle-f47c836a ps4775\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4776\" style=\"width:15.52pt\">:\u00a0 </span><span class=\"f charStyle-785720f7\"><span class=\"ps4777\" style=\"width:19.2pt\">\u00a0  <span style=\"display:inline-block;height:8.32pt;width:32.63pt\"></span></span><span class=\"ps4778\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span><span class=\"ps4779\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span><span class=\"ps4780\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span><span class=\"ps4781\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span></span></div><div class=\"ps4872_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:171pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:27.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss538_1\"><div><div class=\"ps4783_1 ss537_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4788_1 ss539_1\"><div><div class=\"ps4785_1 ss312\"><span class=\"f charStyle-3e9f2643 ps8538\">Grupo </span></div><div class=\"ps4787_1 ss312\"><span class=\"f charStyle-3e9f2643 ps4786\">Evertmel (*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps1832 ss192\"><div><div class=\"ps4789_1 ss108\"><span class=\"f charStyle-c9c26710 ps7006\">Altavista </span></div><div class=\"ps4791_1 ss108\"><span class=\"f charStyle-c9c26710 ps4790\">Hotelera, S.L.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps802 ss541_1\"><div><div class=\"ps4789_1 ss137\"><span class=\"f charStyle-c9c26710 ps4793\">Grupo PDP </span></div><div class=\"ps4791_1 ss137\"><span class=\"f charStyle-c9c26710 ps4794\">(*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps1303_1 ss542_1\"><div><div class=\"ps4785_1 ss645\"><span class=\"f charStyle-3e9f2643 ps11776\">Grupo </span></div><div class=\"ps4787_1 ss645\"><span class=\"f charStyle-3e9f2643 ps4796\">Renasala (*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss543_1\"><div><div class=\"ps4785_1 ss451\"><span class=\"f charStyle-3e9f2643 ps4797\">Homasi,S.A</span></div><div class=\"ps4787_1 ss451\"><span class=\"f charStyle-3e9f2643 ps11411\">.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3346 ss544_1\"><div><div class=\"ps4800_1 ss194_1\"><span class=\"f charStyle-3e9f2643 ps4799\">Total</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-1ec09ef1 ps267\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4803_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-0285d03e ps2028\">12.431</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4805_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-3bd8e4b7 ps4804\">9.993</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4806_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">11.744</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4807_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-e1a838b8 ps2794\">25.403</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3214 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-e1a838b8 ps11092\">4.140</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4808_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-e1a838b8 ps3839\">63.710</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Amortizaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4809_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-ae93a5af ps621\">(5.864)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4810_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-fb61828c ps3538\">(3.100)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4812 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps4811\">(2.448)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4813 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps692_1\">(4.354)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4814_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11371\">(3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4815_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps3408\">(15.770)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Ingresos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4817_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-ae93a5af ps5053\">1.738</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4819_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps4818\">14</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4821_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps2808\">(999)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4822_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11092\">1.476</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4824_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps9456\">2.228</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Gastos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4826_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-9f1a0df2 ps14633\">(10.157)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4827_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-fb61828c ps3538\">(3.030)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4828_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps2751\">(735)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4829_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps692_1\">(6.111)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4831_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps2868\">(328)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4832_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps3408\">(20.361)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Otros resultados financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4834_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-9f1a0df2 ps4833_1\">(2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4835 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps2751\">(995)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4837 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps4836\">1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4838_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11186\">(69.123)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4839_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps3408\">(70.119)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11368 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">Resultado financiero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4840_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-0285d03e ps621\">(8.421)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4842_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-3bd8e4b7 ps4841\">(3.030)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4844_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps1262\">(1.716)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4845_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-e1a838b8 ps692_1\">(7.109)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4846_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-e1a838b8 ps11186\">(67.976)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4847_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-e1a838b8 ps3408\">(88.251)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7684 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">Resultado antes de impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4849_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-e1a838b8 ps621\">(1.854)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4850_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-3bd8e4b7 ps4804\">3.863</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4852_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps2722\">7.579</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4853_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-e1a838b8 ps2794\">13.939</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4854_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-e1a838b8 ps11186\">(63.838)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4855_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-e1a838b8 ps3408\">(40.310)</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8770 ss546_1\"><div><div class=\"ps3753_1 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Impuesto sobre beneficios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4856_1 ss370_1\"><div><div class=\"ps4209_1 ss312\"><span class=\"f charStyle-9f1a0df2 ps4387\">(721)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4858_1 ss547_1\"><div><div class=\"ps3753_1 ss108\"><span class=\"f charStyle-fb61828c ps2616\">(966)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4859_1 ss534_1\"><div><div class=\"ps3753_1 ss137\"><span class=\"f charStyle-fb61828c ps4811\">(2.006)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4860_1 ss448_1\"><div><div class=\"ps4209_1 ss645\"><span class=\"f charStyle-9f1a0df2 ps692_1\">(4.343)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4862_1 ss368_1\"><div><div class=\"ps4209_1 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps4861\">(8.036)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps876 ss548_1\"><div><div class=\"ps3891 ss537_1\"><span class=\"f charStyle-c9c26710 ps4863\">RESULTADO NETO</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4866_1 ss549_1\"><div><div class=\"ps4865_1 ss312\"><span class=\"f charStyle-14579039 ps621\">(2.574)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4867_1 ss550_1\"><div><div class=\"ps3891 ss108\"><span class=\"f charStyle-c9c26710 ps4804\">2.897</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps881 ss140\"><div><div class=\"ps3891 ss137\"><span class=\"f charStyle-c9c26710 ps2722\">5.573</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4869_1 ss452_1\"><div><div class=\"ps3891 ss645\"><span class=\"f charStyle-c9c26710 ps11496\">9.596</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4870_1 ss392_1\"><div><div class=\"ps4865_1 ss451\"><span class=\"f charStyle-3e9f2643 ps11186\">(63.838)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4871_1 ss461_1\"><div><div class=\"ps4865_1 ss194_1\"><span class=\"f charStyle-3e9f2643 ps3408\">(48.346)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4962_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:176.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss553_1\"><div><div class=\"ps4873_1 ss552_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14872 ss662\"><div><div class=\"ps4874_1 ss451\"><span class=\"f charStyle-c9c26710 ps520_1\">Grupo </span></div><div class=\"ps4873_1 ss451\"><span class=\"f charStyle-c9c26710 ps3978\">Evertmel </span></div><div class=\"ps4875_1 ss451\"><span class=\"f charStyle-c9c26710 ps2637\">(*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4881_1 ss555_1\"><div><div class=\"ps4878_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps4877\">Altavista </span></div><div class=\"ps4880_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps4879\">Hotelera, S.L.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9193 ss556_1\"><div><div class=\"ps4878_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps2245\">Grupo PDP </span></div><div class=\"ps4880_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1317\">(*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps10203 ss557_1\"><div><div class=\"ps4878_1 ss137\"><span class=\"f charStyle-c9c26710 ps4647_1\">Grupo </span></div><div class=\"ps4880_1 ss137\"><span class=\"f charStyle-c9c26710 ps4648\">Renasala (*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss662\"><div><div class=\"ps4873_1 ss451\"><span class=\"f charStyle-c9c26710 ps4883\">Homasi,S.A.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3346 ss556_1\"><div><div class=\"ps4873_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps11767\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">ACTIVO NO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4885_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">211.404</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4887_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps9395\">125.974</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4888_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">75.570</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4889_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps477_1\">202.507</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4890_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">113.385</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4891_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">728.840</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps600 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Efectivo y otros medios l\u00edquidos </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4892_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">6.679</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4893_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">5.996</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9226 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.575</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4895_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">12.800</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4896_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4897_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">42.410</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11232 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Resto activo corriente</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4898_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.628</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4899_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">34</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4900_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">2.868</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11235 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">22.426</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4902_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">5.472</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4903_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">40.429</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3734 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">ACTIVO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4904_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps15296\">16.308</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4905_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-3bd8e4b7 ps2808\">6.030</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4906_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">10.443</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4907_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">35.226</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4908_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps15296\">14.831</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4909_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">82.838</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5284 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-40b73844 ps4910\">TOTAL ACTIVO</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps4911_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">227.711</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4912_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">132.005</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4913_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps4682_1\">86.013</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4914_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">237.733</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4915_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps9351\">128.216</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4916_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">811.678</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"padding:0\"><div class=\"ps2644 ss559_1\"><div><div class=\"ps4516_1 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14899 ss453\"><div><div class=\"ps4516_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">147.607</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4918_1 ss485_1\"><div><div class=\"ps4516_1 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">28.788</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4919_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">25.864</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4920_1 ss144\"><div><div class=\"ps4516_1 ss137\"><span class=\"f charStyle-10d23c65 ps477_1\">141.305</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4921_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">343.564</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11131 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14903 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">5.923</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4924_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">10.464</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4925_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">3.140</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4926_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps4666_1\">3.568</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4927_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">23.095</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps364 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">PASIVO NO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4929_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps9351\">153.530</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4931_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-3bd8e4b7 ps1803\">39.252</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4932_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">29.005</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4933_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4697\">144.872</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4934_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps1274\">366.659</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4848 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4935_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.325</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4936_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">4.710</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4937_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">6.052</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4938_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">27.700</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4939_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">6.567</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4940_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">46.354</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10873 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4942_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">22.803</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4943_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.416</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4944_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">4.925</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4945_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">11.430</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4946_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">239</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4947_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">45.814</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4783 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">PASIVO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4949_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps15296\">24.128</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4950_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-3bd8e4b7 ps1803\">11.126</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4951_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">10.978</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4952_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">39.130</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4953_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps3439\">6.806</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4954_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">92.168</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1570 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-40b73844 ps4955\">Total PASIVO</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps4956_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">177.658</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4957_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps1803\">50.378</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4958_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps4682_1\">39.982</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4959_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">184.002</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4960_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps3439\">6.806</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4961_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">458.827</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4963_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4965_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:378.66pt\">Grupo Evertmel compuesto por las sociedades Evertmel, S.L, Mongamenda S.L.,\u00a0 Kimel MCA.S.L.U. y Jamaica DevCo S.L.</span><span class=\"f charStyle-df66f676 ps4964\" style=\"width:2.1pt\"> </span></div><div class=\"ps4966_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Renasala compuesto por las sociedades Renasala, S.L., Starmel Hotels OP, S.L.U, Torremolinos Beach Property, S.L.U, </span></div><div class=\"ps4967_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Palmanova Beach Property, S.L.U, Puerto del Carmen Beach Property, S.L.U, y San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4968_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo PDP est\u00e1 compuesto por las sociedades Producciones de Parques, S.L., Tertian XXI, S.L. </span></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_61\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 13.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps4972\"><span style=\"display:inline-block;height:11.34pt;width:9.57pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Otros Instrumentos Financieros</span></div><div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1943_1\"><span style=\"display:inline-block;height:6.8pt;width:0.94pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros activos financieros</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de Otros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.59pt\">activos financieros del activo corriente y no corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4974\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps4975\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4976\" style=\"width:3.3pt\">:</span></div><div class=\"ps3025 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td></tr><tr style=\"height:20.25pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss567_1\"><div><div class=\"ps5035_1 ss169_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5037 ss569_1\"><div><div class=\"ps1100_1 ss568_1\"><span class=\"f charStyle-40b73844 ps5036\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps13660 ss570_1\"><div><div class=\"ps1100_1 ss606\"><span class=\"f charStyle-40b73844 ps5038\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4978_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4980_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4981_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4982_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4983_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4984_1 ss341_1\"><div><div class=\"ps3465 ss312\"><span class=\"f charStyle-40b73844 ps1803\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros valorados posteriormente a coste amortizado:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cr\u00e9ditos a entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4986_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4987_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">37.029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4988_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">68.886</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4990_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">49.660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4991_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">81.167</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6862 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros cr\u00e9ditos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4992_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4993_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4994_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">24.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4995_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4997_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.172</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4998_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">33.850</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4999_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.522</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5000_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.843</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5001_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">42.365</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5002_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.106</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5003_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">3.411</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5004_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.517</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps1255 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1280 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5006_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">658</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5007_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5008_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5009_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5010_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5011_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">599</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">3. Instrumentos financieros a valor razonable con cambios en resultados:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6202 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5012_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5013_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5014_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5015_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">310</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11722 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5017_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5018_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5019_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5020_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11732 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">25.386</span></div></div></div></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1748 ss564_1\"><div><div class=\"ps1306 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Instrumentos de patrimonio no </span></div><div class=\"ps1308 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5022_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5023_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5024_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5025_1 ss566_1\"><div><div class=\"ps1311_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">23.242</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5027_1 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-40b73844 ps5026\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5028_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">132.591</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5029_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">51.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5030_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">183.592</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5031 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">129.071</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5032_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">79.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5034_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-40b73844 ps2167\">208.072</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5040_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El cuadro no incluye los ep\u00edgrafes de Deudores comerciales y otras cuentas a cobrar ni el de Efectivo y otros medios l\u00edquidos</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps5041_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">equivalentes, que tambi\u00e9n son activos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5042 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.52pt\">adicionales en la Nota 14.</span></div><div class=\"ps5043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:287.75pt\">Instrumentos financieros valorados posteriormente a coste amortizado</span></div><div class=\"ps5048_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:406.38pt\">El desglose por naturaleza de los activos financieros considerados en esta r\u00fabrica en los ejercicios </span><span class=\"f charStyle-f47c836a ps5044_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5045\" style=\"width:10.83pt\"> y </span><span class=\"f charStyle-f47c836a ps5046_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5047_1\" style=\"width:60.64pt\"> se muestra en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.12pt\">el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps5049_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5096_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss273_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:20.25pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss567_1\"><div><div class=\"ps5051 ss169_1\"><span class=\"f charStyle-4ed8e3ec ps267\"> (miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5037 ss569_1\"><div><div class=\"ps1102_1 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps13660 ss569_1\"><div><div class=\"ps1102_1 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4978_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4980_1 ss240_1\"><div><div class=\"ps3695_1 ss237_1\"><span class=\"f charStyle-40b73844 ps11556\">Corto</span></div><div class=\"ps5054_1 ss237_1\"><span class=\"f charStyle-40b73844 ps5053_1\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4981_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4982_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4983_1 ss240_1\"><div><div class=\"ps3695_1 ss237_1\"><span class=\"f charStyle-40b73844 ps11556\">Corto</span></div><div class=\"ps5054_1 ss237_1\"><span class=\"f charStyle-40b73844 ps5053_1\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4984_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss571_1\"><div><div class=\"ps1100_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Cr\u00e9ditos a entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5055_1 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5056 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">37.029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5057 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">68.886</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5058 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5059 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">49.660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5060_1 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">81.167</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14507 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Otros cr\u00e9ditos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5061 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5062_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5063_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">24.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5064 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5065 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.172</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5066_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">33.850</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss573_1\"><div><div class=\"ps3891 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Dep\u00f3sitos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5067_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.593</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5068_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.298</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5069_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">2.891</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5070_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.573</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5071_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.960</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5072_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">3.532</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps16007 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Fianzas y otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5074_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.373</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5075_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">495</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5076_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.868</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5077_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5078_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.391</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5079_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.070</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6865 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Club vacacional</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5080_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.557</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5081_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.557</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5082_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">26.854</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5083_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">26.854</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9639 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Imposiciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5085_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">51</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14435 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">51</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5087_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">61</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5088_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">61</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14440 ss573_1\"><div><div class=\"ps3891 ss169_1\"><span class=\"f charStyle-40b73844 ps5089\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5090_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">85.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5091_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">50.268</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14445 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">136.251</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5093_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">97.292</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5094_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">61.243</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5095_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">158.535</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5097 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los saldos recogidos como Cr\u00e9ditos a entidades asociadas y negocios conjuntos se desglosan en la Nota 20.1 de Informaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5099 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:97.87pt\">sobre partes vinculadas.</span><span class=\"f charStyle-f47c836a ps5098_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En el ep\u00edgrafe Otros cr\u00e9ditos se recogen cr\u00e9ditos concedidos y otras cuentas a cobrar de distintas sociedades con las que la</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Compa\u00f1\u00eda mantiene relaciones comerciales en los distintos segmentos operativos, siendo los importes m\u00e1s significativos los</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:43.39pt\">siguientes:</span><span class=\"f charStyle-f47c836a ps5100_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">Cr\u00e9ditos concedidos a diferentes sociedades no vinculadas, con las que el Grupo mantiene relaciones comerciales por</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:340.63pt\">importe de 10,4 millones de euros. En 2024 el importe fue de 8,7 millones de euros.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">Cr\u00e9ditos concedidos a propietarios de varios hoteles explotados por el Grupo en r\u00e9gimen de alquiler, gesti\u00f3n y</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.16pt\">franquicia, por importe de 7 millones de euros. En 2024 el importe fue de 13,3 millones de euros. Esta variaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:455.71pt\">corresponde, principalmente, a un cr\u00e9dito deteriorado a un propietario con establecimientos hoteleros en Cuba.</span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:286.53pt\">Importe pendiente de cobro con el propietario de un hotel en Brasil, </span><span class=\"f charStyle-f47c836a ps5101_1\" style=\"width:200.68pt\">fruto de la reclamaci\u00f3n interpuesta por el Grupo</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">por la resoluci\u00f3n de un contrato de gesti\u00f3n por causas imputables a dicho propietario, por importe de 7,5 millones de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:229.13pt\">euros. En 2024 el importe fue de 11,9 millones de euros.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las fianzas a largo plazo entregadas por la Compa\u00f1\u00eda corresponden b\u00e1sicamente a los alquileres de los hoteles arrendados por</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">el Grupo mediante pagar\u00e9s aceptados. Dado que estas fianzas se conceden en garant\u00eda del cumplimiento de una obligaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:391.73pt\">relacionada con dichos contratos no se contabilizan por su valor actual sino por el valor nominal.</span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El ep\u00edgrafe denominado club vacacional corresponde a activos por contratos de membres\u00edas del club vacacional </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">comercializados por la Compa\u00f1\u00eda a medio y largo plazo. Se incluyen principalmente los costes incrementales de la obtenci\u00f3n </span></div><div class=\"ps1738 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">de contratos, que se amortizan en funci\u00f3n del uso de los beneficios asociados a dichas membres\u00edas. As\u00ed mismo, tambi\u00e9n </span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">incorpora los importes financiados a clientes por contratos de derechos de aprovechamiento por turnos a largo plazo, que se </span></div><div class=\"ps5102 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">registran por su importe nominal debido a que dichos contratos incorporan un tipo de inter\u00e9s de mercado.</span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">As\u00ed mismo, el saldo pendiente de cobro a corto plazo de clientes del club vacacional se desglosa en la Nota 14.2 \u201cDeudores </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">comerciales y otras cuentas a cobrar\u201d.</span></div><div class=\"ps1867 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En el cap\u00edtulo de Imposiciones se reflejan los importes a plazo fijo en entidades bancarias y con plazo de vencimiento superior</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.49pt\">a 3 meses, por lo que no pueden considerarse como medios l\u00edquidos equivalentes al efectivo.</span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Instrumentos financieros a valor razonable con cambios en otro resultado global</span></div><div class=\"ps1248_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las actividades de cobertura de flujos de efectivo corresponden a swaps de tipos de inter\u00e9s, las cuales se explican en la Nota</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:20.73pt\">13.3.</span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:282.86pt\">Instrumentos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">La cartera de negociaci\u00f3n incluye instrumentos de patrimonio cotizados cuyo valor en estos mercados se toma como referencia </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">para el c\u00e1lculo del valor razonable de estas inversiones.</span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A continuaci\u00f3n se ofrece el desglose y movimiento de los instrumentos de patrimonio no cotizado, que corresponden</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.79pt\">principalmente a participaciones en sociedades propietarias de hoteles gestionados por el Grupo:</span></div><div class=\"ps5155 ss0_2\"><div class=\"ss587_1 ws0 ps5154_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:93pt\"></td><td style=\"padding:0;width:95.25pt\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss576_1\"><div><div class=\"ps5104_1 ss575_1\"><span class=\"f charStyle-28c2751e ps6115\">\u00a0 \u00a0  (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5106_1 ss577_1\"><div><div class=\"ps5104_1 ss198_1\"><span class=\"f charStyle-28c2751e ps1794\">%</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5898 ss579_1\"><div><div class=\"ps5104_1 ss578_1\"><span class=\"f charStyle-4ed8e3ec ps2264_1\">Saldo 31/12/2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9350 ss581_1\"><div><div class=\"ps5104_1 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps1310_1\">Saldo 31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps593 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Hotelera Sancti Petri, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5112_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">19,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5114_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps15103\">2.634</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5116_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps5115\">2.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12593 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Port Cambrils Inversions, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5118_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">10,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5120_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">980</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5122_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3729 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Inveragua RD, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5124_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">14,24%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5125_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">131</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5126_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">131</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10827 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Valle Yamury, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5127_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps331\">8,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5128_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">358</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5129_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">358</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10835 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Victoria Hotels &amp; Resorts, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5130_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps331\">7,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5132_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps1925\">18.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5134_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps2119\">19.216</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14524 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">TCME Hospitality and Leisure, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5136_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">15,17%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5137_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-9faf05d8 ps1925\">15.945</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15895 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5935 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-9faf05d8 ps5138\">9</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5141_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps5140\">9</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2445 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5142\">TOTAL INVERSI\u00d3N</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5144_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps5143\">38.166</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5146_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps1136\">23.328</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps326_1 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5147\">P\u00c9RDIDAS POR DETERIORO</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5148_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps2485\">(85)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5150_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps7292\">(85)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps519 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5151\">TOTAL VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5152_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps5143\">38.081</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5153_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps1136\">23.242</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las variaciones del ejercicio corresponden a la adquisici\u00f3n de una participaci\u00f3n minoritaria del 15,17% en\u00a0 TCME Hospitality</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5157 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">and Leisure, S.L., sociedad propietaria de un establecimiento hotelero en Espa\u00f1a, operado por el Grupo bajo un contrato de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.27pt\">gesti\u00f3n (ver Nota 5).</span><span class=\"f charStyle-f47c836a ps5158_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Asimismo, se ha producido la devaluaci\u00f3n de la participaci\u00f3n a valor razonable de Victoria Hotels &amp; Resorts, S.L. como</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">resultado de la integraci\u00f3n de la sociedad Crisalian, S.L. que, hasta su integraci\u00f3n, formaba parte del grupo Victoria Hotels &amp;</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Resorts, S.L. as\u00ed como de la adquisici\u00f3n por parte de Terti\u00e1n XXI, S.L. del 100% de participaciones de Lierinto, S.L.U., sociedad</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">que tambi\u00e9n formaba parte del grupo Victoria Hotels &amp; Resorts, S.L., y a la venta de un establecimiento hotelero situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:128.07pt\">territorio nacional (ver Nota 5).</span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:221.03pt\">A efectos comparativos, los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5161_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5162\" style=\"width:88.98pt\"> fueron los siguientes:</span></div><div class=\"ps5211_1 ss0_2\"><div class=\"ss601_1 ws0 ps5210_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:239.25pt\"></td><td style=\"padding:0;width:66.75pt\"></td><td style=\"padding:0;width:96pt\"></td><td style=\"padding:0;width:102.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss589_1\"><div><div class=\"ps476 ss588_1\"><span class=\"f charStyle-28c2751e ps267\">\u00a0 \u00a0  (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5165_1 ss591_1\"><div><div class=\"ps476 ss65\"><span class=\"f charStyle-28c2751e ps5164\">%</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5898 ss593_1\"><div><div class=\"ps5167_1 ss664\"><span class=\"f charStyle-fdea4ace ps354\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490 ss594_1\"><div><div class=\"ps5167_1 ss107_1\"><span class=\"f charStyle-fdea4ace ps5168\">Saldo 31/12/2023</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hotelera Sancti Petri, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5172_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">19,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5904 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5173\">2.634</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2494 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5175\">2.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Port Cambrils Inversions, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5177_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">10,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5179_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">980</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5181_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Inveragua RD, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5182_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">14,24%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5183_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">131</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5184_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">131</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1110 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Valle Yamury, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5186_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps11414\">8,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5187_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">358</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5188_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">358</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3529 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Victoria Hotels &amp; Resorts, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5189_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps11414\">7,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5191_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps14953\">19.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5193_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-9faf05d8 ps5192\">16.928</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14894 ss598_1\"><div><div class=\"ps2435_1 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5195_1 ss599_1\"><div><div class=\"ps2435_1 ss664\"><span class=\"f charStyle-9faf05d8 ps11315\">9</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5197_1 ss600_1\"><div><div class=\"ps2435_1 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5196\">9</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5142\">TOTAL INVERSI\u00d3N</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5200_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps1730\">23.328</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5201_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps5115\">21.040</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7505 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5147\">P\u00c9RDIDAS POR DETERIORO</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5204_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps5203\">(85)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5206_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-28c2751e ps5205\">(85)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps9297 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5151\">TOTAL VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5208_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps1730\">23.242</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5209_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps5115\">20.954</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:2.1pt\"> </span></div><div class=\"ps5213_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1963_1\"><span style=\"display:inline-block;height:6.8pt;width:14.45pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Otros pasivos financieros</span></div><div class=\"ps5214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Obligaciones y otros valores negociables, Deudas con entidades de cr\u00e9dito y Otros pasivos financieros del pasivo corriente y no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:218.88pt\">corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps5216\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5217\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5218\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5219_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5220_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5278 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:195.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss603_1\"><div><div class=\"ps5222 ss602_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11088 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5225_1 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5228_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5230_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5232_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5233_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5234_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5235_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8139 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps7153 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5236_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5237_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5238_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5239_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5240_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5241_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">3.667</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8145 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en la cuenta de resultados:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1231 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5243_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5244_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5245_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5246_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2632 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">3. Otros pasivos financieros a coste amortizado:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7026 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Obligaciones y otros valores negociables</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5247_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5248_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5249_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5250_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5251_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">11.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5252_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">63.385</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3753 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Deudas con entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5253_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">789.735</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5254_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">168.926</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5255_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5256_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5257_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">880.578</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5258_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.279.482</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5259_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">142.803</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5260_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.422.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5261_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.312.338</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5262_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">151.595</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5263_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.463.933</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3554 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Otros pasivos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5265_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.287</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5266_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.810</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5267_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5268 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">44.302</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5269 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">25.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5270 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.764</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5292 ss608_1\"><div><div class=\"ps649 ss602_1\"><span class=\"f charStyle-40b73844 ps5271_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5272 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.159.721</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5273 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">342.952</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5274 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.502.673</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5275 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.189.771</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5276 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">300.755</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5277 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.490.526</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">No se incluyen los saldos recogidos en el ep\u00edgrafe Acreedores comerciales y otras cuentas a pagar, que tambi\u00e9n se consideran</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.47pt\">pasivos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses adicionales en la Nota 18.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el siguiente cuadro se muestra la conciliaci\u00f3n de los cambios en los activos y pasivos procedentes de actividades de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">financiaci\u00f3n. Se han considerado las emisiones y amortizaciones de deuda (Obligaciones y otros valores negociables y Deudas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.41pt\">con entidades de cr\u00e9dito), as\u00ed como los Instrumentos financieros derivados (cobertura y en cartera de negociaci\u00f3n):</span><span class=\"f charStyle-f47c836a ps5281\" style=\"width:2.71pt\"> </span></div><div class=\"ps3950_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:265.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:26.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss610_1\"><div><div class=\"ps5282_1 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5290_1 ss611_1\"><div><div class=\"ps5284_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps2015\">Obligaciones y </span></div><div class=\"ps5285_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1859\">Deudas con </span></div><div class=\"ps5287_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1297\">entidades de </span></div><div class=\"ps5289_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5288\">cr\u00e9dito</span></div></div></div></td><td style=\"border-right:2pt solid #ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #ffffff;border-left:2pt solid #ffffff;border-right:2pt solid #ffffff;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps3147 ss612_1\"><div><div class=\"ps5291_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps5227\">Instrumentos financieros a valor </span></div><div class=\"ps5292_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps1211_1\">razonable</span></div></div></div></td></tr><tr style=\"height:26.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5295_1 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5293\">Activo</span></div></div></div></td><td style=\"border-top:2pt solid #ffffff;padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5297 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5299_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.323.894</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5300_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">24.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5302_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps5936\">0</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3823 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5304 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps5303\">(393.394)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1117 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5305 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">13.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7023 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5306_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">1.822</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5308 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5309 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">943.962</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5310_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">25.985</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5311 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7505 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5312_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">72.369</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps904 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5314_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(11.345)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps876 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5316_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps845\">(350)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5317_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.642</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps6217 ss615_1\"><div><div class=\"ps2435_1 ss609_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Variaciones del per\u00edmetro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5318_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.079</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5319_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(16.995)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6308 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5320 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.011.066</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5322 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">8.640</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5323 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(10.225)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:324.83pt\">Los pagos realizados en concepto de arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps5325_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:326.61pt\">Instrumentos financieros a valor razonable con cambios en otro resultado global</span></div><div class=\"ps5326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.91pt\">Las actividades de cobertura de flujos de efectivo corresponden a swaps de tipos de inter\u00e9s, explicadas en la Nota 13.3.</span></div><div class=\"ps5327_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:335.79pt\">Instrumentos financieros a valor razonable con cambios en la cuenta de resultados</span></div><div class=\"ps5328_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.83pt\">Los saldos de derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps5329_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:163.13pt\">Obligaciones y otros valores negociables</span></div><div class=\"ps5333_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.75pt\">Las emisiones de deuda recogidas en este ep\u00edgrafe y sus saldos a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5330\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:12.55pt\"> y </span><span class=\"f charStyle-f47c836a ps5331\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5332\" style=\"width:85.48pt\">, se presentan en el</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5334_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:69.86pt\">siguiente cuadro:</span></div><div class=\"ps5363_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Obligaciones y Bonos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5346_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5347_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5349_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5351_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.347</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7153 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5352_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5353_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-28c2751e ps5354\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5356_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.204</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5358_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps9426\">201</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5359_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.405</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5360_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.143</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5361_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">11.242</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5362_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">63.385</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5365_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Euro Commercial Paper Programme (ECP) </span><span class=\"f charStyle-b914b620 ps5364\"> </span></div><div class=\"ps5366_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">En julio del 2025 se ha renovado el programa de papel comercial (\u201cEuro-Commercial Paper Programme\u201d o ECP) con fecha de </span></div><div class=\"ps5367_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">vencimiento el 04 de julio del 2026, sometido a derecho ingl\u00e9s, por un importe m\u00e1ximo de hasta 300 millones de euros, en </span></div><div class=\"ps5097 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">virtud del cual se pueden realizar emisiones de instrumentos de deuda en Europa con un vencimiento inferior a 364 d\u00edas, hasta </span></div><div class=\"ps5099 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">dicho importe.</span></div><div class=\"ps5368_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Durante el ejercicio 2025, se amortiz\u00f3 la totalidad de las emisiones de European Commercial Papers vigentes en dicho periodo, </span></div><div class=\"ps5369_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">por un importe total de 11 millones de euros.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Bonos simples</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 19 de noviembre de 201</span><span class=\"f charStyle-5af4d000 ps5375\"><span style=\"background-color:inherit\">8</span></span><span class=\"f charStyle-f47c836a ps5376\"> la sociedad matriz realiz\u00f3 una emisi\u00f3n de bonos simples por un importe total de 30 millones de </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">euros con las siguientes caracter\u00edsticas:</span></div><div class=\"ps5425_1 ss0_2\"><div class=\"ss622_1 ws0 ps5424_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:30pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Importe de la emisi\u00f3n</span><span class=\"f charStyle-9a9a65cd ps5378\"> </span><span class=\"f charStyle-2bb7689f ps5379\"> </span><span class=\"f charStyle-0ad594fc ps5380\"> </span><span class=\"f charStyle-c6d3a001 ps5381\"> </span><span class=\"f charStyle-ecf5664c ps5382\"> </span><span class=\"f charStyle-36aa6839 ps5383\">....................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7138 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">30.000.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Nominal del bono</span><span class=\"f charStyle-2bb7689f ps5386_1\"> </span><span class=\"f charStyle-36aa6839 ps5387_1\">............................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7141 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Vencimiento</span><span class=\"f charStyle-cbebcc5c ps5389\"> </span><span class=\"f charStyle-8849c1f9 ps5390\"> </span><span class=\"f charStyle-c17977ef ps5391\"> </span><span class=\"f charStyle-2bb7689f ps5392\"> </span><span class=\"f charStyle-ecf5664c ps11312\"> </span><span class=\"f charStyle-36aa6839 ps5393\">....................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5394_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">12 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Rango de la deuda</span><span class=\"f charStyle-8849c1f9 ps5395\"> </span><span class=\"f charStyle-c17977ef ps5396\"> </span><span class=\"f charStyle-0ad594fc ps5397\"> </span><span class=\"f charStyle-36aa6839 ps5398\">..........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5399_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">Senior unsecured</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de la emisi\u00f3n</span><span class=\"f charStyle-c17977ef ps5400\"> </span><span class=\"f charStyle-2bb7689f ps5401\"> </span><span class=\"f charStyle-36aa6839 ps5402\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5403_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha de la emisi\u00f3n</span><span class=\"f charStyle-cbebcc5c ps5404\"> </span><span class=\"f charStyle-9a9a65cd ps5405\"> </span><span class=\"f charStyle-c17977ef ps5406_1\"> </span><span class=\"f charStyle-ecf5664c ps5407\"> </span><span class=\"f charStyle-36aa6839 ps5408\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5409_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2018</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha vencimiento</span><span class=\"f charStyle-cbebcc5c ps5410\"> </span><span class=\"f charStyle-2bb7689f ps5411\"> </span><span class=\"f charStyle-c6d3a001 ps5412\"> </span><span class=\"f charStyle-ecf5664c ps5413\"> </span><span class=\"f charStyle-36aa6839 ps5414\">.........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5415_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2030</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3838 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Cup\u00f3n</span><span class=\"f charStyle-9a9a65cd ps958\"> </span><span class=\"f charStyle-2bb7689f ps5417\"> </span><span class=\"f charStyle-0ad594fc ps5418\"> </span><span class=\"f charStyle-c6d3a001 ps3710\"> </span><span class=\"f charStyle-36aa6839 ps1940\">................................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5420_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">3,30% Fijo</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1725 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de amortizaci\u00f3n</span><span class=\"f charStyle-2bb7689f ps5421\"> </span><span class=\"f charStyle-36aa6839 ps5422\">..................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5423_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5426_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 25 de mayo del 2021 se realiz\u00f3 una ampliaci\u00f3n del importe nominal del bono de 22,5 millones de euros. Dicha emisi\u00f3n se </span></div><div class=\"ps5427 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">realiz\u00f3 bajo par, a un precio igual al 98,385% del nominal.</span></div><div class=\"ps5429_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:131.77pt\">Deudas con entidades de cr\u00e9dito</span><span class=\"f charStyle-8dfb1947 ps9115\" style=\"width:2.71pt\"> </span></div><div class=\"ps5434_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.23pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5430\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5431\" style=\"width:10.45pt\"> y </span><span class=\"f charStyle-f47c836a ps5432\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5433\" style=\"width:363.2pt\">, los saldos que el Grupo mantiene con entidades financieras, clasificados por naturaleza</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.26pt\">y vencimiento, son:</span></div><div class=\"ps5458_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">692.408</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">125.320</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">817.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">645.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">87.556</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">733.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">97.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">38.062</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">135.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">122.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">18.049</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">140.261</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1117 ss623_1\"><div><div class=\"ps568 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5446_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">94</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5447_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5448_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4707_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5449_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5450_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14180 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5452_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5453_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5454_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5455_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5456_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5457_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">880.578</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ejercicio 2025 se ha cancelado el saldo de p\u00f3lizas de cr\u00e9dito dispuestas (0,83 millones de euros en 2024), quedando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5462_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:134.67pt\">disponible al cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5460\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5461\" style=\"width:361.92pt\"> un saldo adicional de 201,5 millones de euros (en 2024 el saldo disponible fue de 275,67</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5463_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros)</span><span class=\"f charStyle-6b4d0e03 ps4575\" style=\"width:3.33pt\">.</span></div><div class=\"ps5466_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:295pt\">Los incrementos de deuda bancaria por nueva financiaci\u00f3n del ejercicio </span><span class=\"f charStyle-f47c836a ps5464\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5465\" style=\"width:201.74pt\">\u00a0 ascienden a 192,5 millones de euros, (sin incluir</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.5pt\">bonos simples ni importes por renovaci\u00f3n de ECP). En el ejercicio </span><span class=\"f charStyle-f47c836a ps5467\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5468\" style=\"width:226.09pt\"> este importe fue de 445,71 millones de euros. Durante</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el ejercicio 2025 se han amortizado 108,3 millones de euros y se han pagado intereses por importe de 42,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el ejercicio 2024 se amortizaron 654,6 millones de euros, de los cuales 414,4 millones de euros fueron cancelaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.34pt\">anticipada, adem\u00e1s, se pagaron intereses por importe de 61 millones de euros.</span></div><div class=\"ps5474_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.2pt\">El Grupo mantiene </span><span class=\"f charStyle-f47c836a ps5473\" style=\"width:431.36pt\">pr\u00e9stamos hipotecarios que corresponden a garant\u00edas sobre 7 hoteles cuyo valor neto contable total</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asciende a 374,3 millones de euros, mientras que en 2024 el valor neto contable de los activos hipotecados ascend\u00eda a 406,3</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.82pt\">millones de euros, tal como se ha indicado en la Nota 10.</span><span class=\"f charStyle-f47c836a ps5476\" style=\"width:2.71pt\"> </span></div><div class=\"ps5478_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5480_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.93pt\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span><span class=\"f charStyle-f47c836a ps13335\" style=\"width:2.71pt\"> </span></div><div class=\"ps5481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.2pt\">El detalle de vencimientos de la deuda bancaria es el siguiente:</span></div><div class=\"ps5528_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:166.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4584_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps467 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5055 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2453 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps1190\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8450 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5485\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5488 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps7010\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5489_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">125.332</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5490_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">264.833</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5491_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">180.457</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5493_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5492\">147.815</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5494_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">81.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5495_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5496_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">817.716</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5497_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">38.051</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5498_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5499_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">47.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5501_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5500\">10.471</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5503_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">7.874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5504_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">14.636</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5505_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">135.308</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"><div class=\"ps600 ss626_1\"><div><div class=\"ps568 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5507_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5508_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5509_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5510_1 ss315_1\"><div><div class=\"ps476 ss602\"><span class=\"f charStyle-f47c836a ps14581\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5511_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9228 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">31</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5514_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps3359\">117</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5515_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5516_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps708 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps5517\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5519_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5520_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">282.093</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5521_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">227.505</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5523_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps5522\">158.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5525_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">89.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5526_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">31.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5527_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">958.661</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.06pt\">Los saldos recogidos como Pasivos por arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros</span></div><div class=\"ps2466 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.82pt\">En el siguiente cuadro se muestra el detalle por los conceptos incluidos en este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5529\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5530\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5531\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5532\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5533\" style=\"width:2.71pt\"> </span></div><div class=\"ps5558_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Proveedores de inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fianzas recibidas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.583</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">996</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">706</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.702</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Otras deudas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">14.379</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5534_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">641</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.020</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2627 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Deuda con entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5536_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">27.482</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5537_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">7.473</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5538_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">34.955</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5539_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">28.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5540_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.743</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5541_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">33.042</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2632 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dividendo a pagar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5542 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5543 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5544_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5545_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dep\u00f3sitos recibidos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5546_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5547_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5548_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">597</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5549_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">627</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5550_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.190</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5551_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.817</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11131 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5552_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.287</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5553_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.810</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5554_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5555_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">44.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5556_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">25.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5557_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">69.764</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">La reducci\u00f3n conjunta de Otras deudas y Dep\u00f3sitos recibidos incluye la devoluci\u00f3n, en 2025, de 30 millones de d\u00f3lares</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">estadounidenses cobrados en 2023, como consecuencia de la cancelaci\u00f3n de una operaci\u00f3n inmobiliaria prevista en un hotel en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:30.91pt\">M\u00e9xico.</span><span class=\"f charStyle-f47c836a ps5561\" style=\"width:2.71pt\"> </span></div><div class=\"ps2972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.17pt\">El importe de la Deuda con entidades asociadas y negocios conjuntos se desglosa en la Nota 20.</span></div><div class=\"ps5563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.54pt\">13.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1983_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.46pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:197.04pt\">Actividades de cobertura y otros derivados</span></div><div class=\"ps5568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.28pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5564_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5565_1\" style=\"width:11.67pt\"> y </span><span class=\"f charStyle-f47c836a ps5566\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5567\" style=\"width:358.85pt\">, el valor razonable por vencimientos de los instrumentos financieros derivados que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps5569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:170.9pt\">Grupo tiene registrados son los siguientes:</span></div><div class=\"ps5616_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss627_1\"><div><div class=\"ps5335_1 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss629_1\"><div><div class=\"ps482 ss642\"><span class=\"f charStyle-4ed8e3ec ps5570\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss629_1\"><div><div class=\"ps482 ss642\"><span class=\"f charStyle-4ed8e3ec ps5570\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5571_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps331\">Largo</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5573_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps6268\">Corto</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5574_1 ss631_1\"><div><div class=\"ps476 ss853\"><span class=\"f charStyle-4ed8e3ec ps11561\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5575_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps331\">Largo</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14607 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps6268\">Corto</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5577 ss631_1\"><div><div class=\"ps476 ss853\"><span class=\"f charStyle-4ed8e3ec ps11561\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5578 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">658</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5579 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5580 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5581 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5582 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5583 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5584 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5585_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps11330\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5587_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps5586\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5588_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps3294\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5589_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps3294\">25.386</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8018 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5591 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5592_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps2186_1\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5593_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.640</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5594_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.537</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5596_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">17.448</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5597_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">25.985</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15797 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5599_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5600_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5601_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5602_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5603_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5604_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps10842 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5606 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5607_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5608_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5609_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5610_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">9.013</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5611_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5612_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">10.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5613_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">11.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5614_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps2186_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5615_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5617_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados de cobertura</span></div><div class=\"ps5618_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Enmarcados dentro de las pol\u00edticas de gesti\u00f3n del riesgo de tipo de inter\u00e9s (Nota 4.1), la Compa\u00f1\u00eda tiene contratados a cierre</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de ejercicio varios swaps de tipos de inter\u00e9s, cuyas condiciones cumplen con los requisitos para ser calificados como</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">instrumentos de cobertura de flujos de efectivo, por lo que las variaciones en el valor razonable de los mismos se imputan</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:190.33pt\">directamente en el patrimonio neto del Grupo.</span></div><div class=\"ps5622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las partidas cubiertas mediante estas operaciones de cobertura se encuentran registradas en el ep\u00edgrafe de Pr\u00e9stamos con</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">entidades de cr\u00e9dito. Mediante estos instrumentos financieros, se intercambian los tipos de inter\u00e9s de forma que la Compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5624_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">recibe del banco un tipo de inter\u00e9s variable a cambio de un pago de inter\u00e9s fijo para el mismo nominal. El tipo de inter\u00e9s</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5625 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">variable recibido por el derivado compensa el pago de intereses de la financiaci\u00f3n objeto de la cobertura. El resultado final es</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5626 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:213.94pt\">un pago de intereses fijo en la financiaci\u00f3n cubierta.</span></div><div class=\"ps5629 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:89.59pt\">Durante el ejercicio </span><span class=\"f charStyle-f47c836a ps5627_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5628_1\" style=\"width:407.12pt\">, el impacto positivo en patrimonio neto de estos instrumentos financieros derivados, una vez</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5630 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">imputada a resultados la parte correspondiente a la partida cubierta, y sin considerar el impacto fiscal, ha ascendido\u00a0 a 1,5</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5634 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:137.54pt\">millones de euros. En el ejercicio </span><span class=\"f charStyle-f47c836a ps5631_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5632\" style=\"width:212.55pt\">, el impacto\u00a0 fue negativo, de 5,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps5633_1\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:53.9pt\">Asimismo, a </span><span class=\"f charStyle-f47c836a ps5635\" style=\"width:105.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5636_1\" style=\"width:356.35pt\">, el valor nocional de los swaps de tipo de inter\u00e9s que califican como de cobertura</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.5pt\">asciende a 230,1\u00a0 millones de euros, mientras que en </span><span class=\"f charStyle-f47c836a ps5637_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5638_1\" style=\"width:184.24pt\"> este importe fue de 179,9 millones de euros.</span><span class=\"f charStyle-f47c836a ps5639\" style=\"width:2.71pt\"> </span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Para la determinaci\u00f3n de estos valores razonables se han utilizado t\u00e9cnicas de valoraci\u00f3n de descuento de los flujos de caja,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">en base a los impl\u00edcitos determinados por la curva de tipos de inter\u00e9s seg\u00fan las condiciones del mercado en la fecha de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:490.82pt\">valoraci\u00f3n. Dichas valoraciones fueron efectuadas por las entidades financieras con las que se contratan estos productos.</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados en cartera de negociaci\u00f3n</span></div><div class=\"ps1910_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">En el ep\u00edgrafe Activos por derivados en cartera de negociaci\u00f3n a corto plazo se ha producido la baja de un derivado asociado a</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1911_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">una opci\u00f3n de compra registrada en los estados financieros consolidados a 31 de diciembre de 2024 por 17 millones de euros y</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1912_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">que durante el presente ejercicio ha sido ejercida en el marco de una operaci\u00f3n destinada a adquirir una participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">minoritaria en un establecimiento hotelero en Espa\u00f1a, operado por el Grupo bajo un contrato de gesti\u00f3n. Dicha participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.87pt\">se ha registrado bajo el ep\u00edgrafe Instrumentos financieros a valor razonable con cambios en resultados (ver Nota 5).</span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las variaciones en los ep\u00edgrafes de Activos por Derivados en cartera de negociaci\u00f3n a largo plazo y Pasivos por Derivados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">cartera de negociaci\u00f3n a largo plazo corresponden a la actualizaci\u00f3n de valor tras el estudio realizado por el experto</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">independiente KPMG, de la opci\u00f3n de compra sobre las participaciones no dominantes de la sociedad del grupo Adprotel</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:388.43pt\">Strand, S.L., as\u00ed como del derecho de arrastre otorgado a socios minoritarios de dicha sociedad.</span></div><div class=\"ps1670_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.78pt\">Se desglosa a continuaci\u00f3n el detalle de vencimientos por ejercicio:</span></div><div class=\"ps5683_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:227.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14127 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5642_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7487 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1408\">&gt;4 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5646_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5645\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5647_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5649_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">77</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">37</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5651_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">138</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5652_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">406</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5653_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">770</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss635_1\"><div><div class=\"ps5654_1 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5656_1 ss636_1\"><div><div class=\"ps5654_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5657_1 ss636_1\"><div><div class=\"ps5654_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.870</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11190 ss634_1\"><div><div class=\"ps2107_1 ss633_1\"><span class=\"f charStyle-cf804784 ps5658\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5660_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">112</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5662 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1984\">77</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5663_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1984\">37</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5664_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">138</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5666_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">8.276</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5667_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">8.640</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11297 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5668_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5669_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">797</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5670_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">366</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5671 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2509 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5672 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5673 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.850</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2516 ss637_1\"><div><div class=\"ps964 ss633_1\"><span class=\"f charStyle-28c2751e ps5674_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15096 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">1.212</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5676 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">797</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5677_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">366</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5679_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps14233\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5680_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5682_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps351\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:266.78pt\">A efectos comparativos se detallan los vencimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5684\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5685\" style=\"width:3.3pt\">:</span></div><div class=\"ps5711_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:227.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14127 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5642_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7487 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1408\">&gt;4 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5646_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5645\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5647_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5649_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">97</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5651_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">40</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5653_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5688_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2020\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5656_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5657_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2020\">25.386</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps5674_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5689_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">17.448</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5690_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">97</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5691_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5692_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">40</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5693_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5694_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">25.985</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss638_1\"><div><div class=\"ps4506 ss633_1\"><span class=\"f charStyle-6f9b64c7 ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5696_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5697_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">1.397</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5698_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">872</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5699_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">428</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5701 ss639_1\"><div><div class=\"ps4506 ss13_1\"><span class=\"f charStyle-9b89ba1f ps5700_1\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5702 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5703 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5704 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps619 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps5674_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5705_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5706_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">1.397</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5707_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">872</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5708_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">428</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5709_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">9.269</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5710_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5714_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 14.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps5713\"><span style=\"display:inline-block;height:11.34pt;width:9.19pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Activos corrientes</span></div><div class=\"ps5717_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">14.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5715\"><span style=\"display:inline-block;height:6.8pt;width:0.72pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Existencias</span><span class=\"f charStyle-aa796863 ps5716\">\u00a0  </span></div><div class=\"ps5722_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.89pt\">A continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5718\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5719\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5720\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5721\" style=\"width:3.3pt\">:</span></div><div class=\"ps5732 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Negocio Hotelero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5723_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">23.938</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5724 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.770</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Negocio Inmobiliario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5725 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.814</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5726 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.484</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Anticipos a Proveedores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5727_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">4.035</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5728_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">3.733</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5730_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">29.787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5731_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">31.988</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5733_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:496.36pt\">El Grupo no tiene compromisos firmes de compra ni de venta, ni existen limitaciones a la disponibilidad de las existencias.</span></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.77pt\">14.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5736_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.23pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:215.26pt\">Deudores comerciales y otras cuentas a cobrar</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.6pt\">A\u00a0 continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5737_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5738_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5739_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5740\" style=\"width:6.01pt\">: </span><span class=\"f charStyle-b914b620 ps5741\" style=\"width:2.71pt\"> </span></div><div class=\"ps5746 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:326.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11434 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Clientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5742 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5652_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">183.637</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Otras cuentas a cobrar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5743 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5656_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">81.843</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps5744_1\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5745 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">249.163</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5693_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">265.481</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5747 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:32.99pt\">Clientes</span></div><div class=\"ps5749_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.59pt\">El saldo de clientes por l\u00ednea de negocio a cierre de ejercicio se desglosa en el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps5748\" style=\"width:2.71pt\"> </span></div><div class=\"ps5765_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">113.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Inmobiliario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.032</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Club vacacional</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.217</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.766</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios de gesti\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">28.605</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">63.255</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps8239 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss428\"><div><div class=\"ps2435_1 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.041</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss428\"><div><div class=\"ps2435_1 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14598 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5763_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5764_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">183.637</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.3pt\">La antig\u00fcedad a cierre de ejercicio desde la fecha de vencimiento es la siguiente:</span><span class=\"f charStyle-f47c836a ps5766\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5788_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps952\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5770\">%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Menor a 90 d\u00edas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3277 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">133.377</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3278_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps10828\">78%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3279 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps2082_1\">145.475</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3281 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps12522\">79%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Superior a 90 y menor a 180</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5773_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">26.745</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5774_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps10828\">16%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5775_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">21.877</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5776_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps12522\">12%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Superior a 180 </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5777_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">11.125</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5779 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps5778_1\">6%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5780 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">16.286</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5782 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps5781_1\">9%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5784_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5785_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2128_1\">100%</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5786_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">183.637</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5787_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-28c2751e ps893\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5789_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otras cuentas a cobrar</span></div><div class=\"ps5795_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.73pt\">El desglose por naturaleza de los saldos recogidos en esta r\u00fabrica para los ejercicios </span><span class=\"f charStyle-f47c836a ps5790\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5791\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5792\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:14.55pt\"> es:</span><span class=\"f charStyle-f47c836a ps5794\" style=\"width:2.71pt\"> </span></div><div class=\"ps5800_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes periodificaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">17.642</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.024</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cr\u00e9ditos al personal</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">703</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">505</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica Deudora</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.229</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">29.991</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudas comerciales de entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.590</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">27.958</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.481</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cuentas corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5796_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">357</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5797_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">252</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps436 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5798_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5799_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">81.843</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5801_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Estos saldos hacen referencia a operaciones comerciales realizadas por el Grupo. La deuda de entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5803_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:146.75pt\">conjuntos se desglosa en la Nota 20.</span><span class=\"f charStyle-f47c836a ps5802\" style=\"width:2.71pt\"> </span></div><div class=\"ps5804_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">14.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:208.12pt\">Efectivo y otros medios l\u00edquidos equivalentes</span></div><div class=\"ps5805_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:397.33pt\">A continuaci\u00f3n, se desglosa el Efectivo y otros medios l\u00edquidos equivalentes por \u00e1reas geogr\u00e1ficas:</span></div><div class=\"ps5831_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:175.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:64.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:64.5pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5872 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11865\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5807 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11646\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5808 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps4660\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5810 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-4ed8e3ec ps2458\">ASIA</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5812 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-28c2751e ps5811_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-934a7fa2 ps267\">Efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5813 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">95.055</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5814 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">26.087</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5815 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">76.176</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5816_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-934a7fa2 ps6975\">5.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5817_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-934a7fa2 ps3577\">202.544</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-934a7fa2 ps267\">Otros medios l\u00edquidos equivalentes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5818_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">23.198</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5819_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">3.000</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5820_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">3.730</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5822_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-934a7fa2 ps14151\">29.928</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-4ed8e3ec ps5823\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5824_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2449\">118.254</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5826_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">29.087</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5827_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">79.905</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5829_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-28c2751e ps5828\">5.225</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5830_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-28c2751e ps2028\">232.472</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:369.94pt\">(*) EMEA\u00a0 (Europe, Middle East, Africa) : Incluye las zonas de \u00c1frica, Oriente Medio y Resto de Europa excluida Espa\u00f1a</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Los medios l\u00edquidos equivalentes al efectivo corresponden a dep\u00f3sitos a corto plazo, que comprenden periodos entre un d\u00eda y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:272.19pt\">tres meses dependiendo de las necesidades de tesorer\u00eda del Grupo.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los principales saldos que componen la tesorer\u00eda del Grupo, seg\u00fan la moneda en la que est\u00e1n denominados son el d\u00f3lar</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:103.92pt\">estadounidense y el euro.</span><span class=\"f charStyle-f47c836a ps5833\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.3pt\">Los saldos de este ep\u00edgrafe correspondientes al ejercicio </span><span class=\"f charStyle-f47c836a ps5834\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5835\" style=\"width:80.65pt\"> eran los siguientes:</span></div><div class=\"ps5853 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11865\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11646\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps4660\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5838\">ASIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-934a7fa2 ps267\">Efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5842_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">22.473</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11860 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">26.179</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2419_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">94.217</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2420 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">3.589</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2421 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2186_1\">146.457</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otros medios l\u00edquidos equivalentes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5843 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">18.187</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5844_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">2.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5845 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">4.127</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5846_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">24.814</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5848_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">40.660</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5849_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">28.679</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5850_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">98.344</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5851_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps14672\">3.589</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5852_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2449\">171.272</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5854_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:367.84pt\">(*) EMEA\u00a0 (Europe, Middle East, Africa) :Incluye las zonas de \u00c1frica, Oriente Medio y Resto de Europa excluida Espa\u00f1a</span></div><div class=\"ps5857_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 15.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps5856\"><span style=\"display:inline-block;height:11.34pt;width:9.95pt\"></span></span></span><span class=\"f charStyle-f5888a39 ps3621\">Patrimonio</span></div><div class=\"ps5859_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5858\"><span style=\"display:inline-block;height:6.8pt;width:1.17pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Capital suscrito y prima de emisi\u00f3n</span></div><div class=\"ps5865_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:159.81pt\">El capital social a 31 de diciembre de </span><span class=\"f charStyle-f47c836a ps5860\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5861\" style=\"width:7.87pt\"> y</span><span class=\"f charStyle-5af4d000 ps5862\" style=\"width:3.44pt\"><span style=\"background-color:inherit\"> </span></span><span class=\"f charStyle-5af4d000 ps5863\" style=\"width:18.84pt\"><span style=\"background-color:inherit\">2024</span></span><span class=\"f charStyle-f47c836a ps5864\" style=\"width:306.7pt\"> es de 44.080.000 euros, correspondientes a 220.400.000 acciones de 0,20</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5866_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">euros de valor nominal cada una. Las acciones est\u00e1n \u00edntegramente suscritas y desembolsadas, constituyendo una \u00fanica clase y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5867_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:22.79pt\">serie.</span></div><div class=\"ps5868_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Todas las acciones constitutivas del capital social, a excepci\u00f3n de las acciones propias, gozan de los mismos derechos y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5869_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:256.57pt\">admitidas a cotizaci\u00f3n oficial en el Mercado Continuo (Espa\u00f1a).</span></div><div class=\"ps5870_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Junta General Ordinaria de Accionistas celebrada el 22 de junio de 2023 renov\u00f3 la autorizaci\u00f3n al Consejo se Administraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5871_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de la Sociedad para acordar la ampliaci\u00f3n del capital social, sin previa consulta a la Junta general de Accionistas, hasta el 50%</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5872_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">del capital social, pudiendo ejercitar dicha facultad en una o varias veces, decidiendo en cada caso su oportunidad o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">conveniencia, as\u00ed como la cuant\u00eda y condiciones que estime oportunos, dentro de un plazo m\u00e1ximo de cinco a\u00f1os a contar</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5874 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">desde el d\u00eda de celebraci\u00f3n de dicha Junta. En caso de que dicha ampliaci\u00f3n de capital se efectuase excluyendo los derechos</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5875 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:483.81pt\">de suscripci\u00f3n preferente de los accionistas, la citada delegaci\u00f3n a favor del Consejo se limita al 20% del capital social.</span></div><div class=\"ps5876 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">La prima de emisi\u00f3n tiene las mismas restricciones y puede destinarse a los mismos fines que las reservas voluntarias del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps5877 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los derechos de voto que ostentan los principales accionistas con participaci\u00f3n directa e indirecta en Meli\u00e1 Hotels</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5883 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.58pt\">International, S.A. a </span><span class=\"f charStyle-f47c836a ps5878_1\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5879_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5880\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5881_1\" style=\"width:76pt\"> son los siguientes:</span><span class=\"f charStyle-f47c836a ps5882_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5908 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss652_1\"><div><div class=\"ps2481_1 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">ACCIONISTAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss633\"><div><div class=\"ps5885_1 ss49\"><span class=\"f charStyle-4ed8e3ec ps5884_1\">31/12/2025 % </span></div><div class=\"ps5887_1 ss49\"><span class=\"f charStyle-4ed8e3ec ps5886\">Participaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss654_1\"><div><div class=\"ps5885_1 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps2609_1\">31/12/2024 % </span></div><div class=\"ps5887_1 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps1795\">Participaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5725 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">24,37</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5891_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">24,37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Asociados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5727_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">13,76</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1495 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">13,76</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Agrupados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5893_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">11,29</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5894 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">11,29</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Tulipa Inversiones 2018, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5896_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">5,39</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5898_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps5897_1\">5,39</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Global Alpha Capital Management Ltd.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5899_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">9,94</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5900_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">11,03</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1255 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Francisco Garc\u00eda Param\u00e9s</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5901 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">3,14</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps11368 ss655_1\"><div><div class=\"ps2435_1 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Resto (menos del 3% individual) </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5902_1 ss331\"><div><div class=\"ps2435_1 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">32,12</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5903_1 ss657_1\"><div><div class=\"ps2435_1 ss255_1\"><span class=\"f charStyle-9faf05d8 ps11022\">34,16</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3546 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5905 ss438\"><div><div class=\"ps2107_1 ss49\"><span class=\"f charStyle-fdea4ace ps8602\">100,00</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5907_1 ss256_1\"><div><div class=\"ps2107_1 ss255_1\"><span class=\"f charStyle-fdea4ace ps5906\">100,00</span></div></div></div></td></tr></tbody></table></div></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.32pt\">15.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5916_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.68pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:41.81pt\">Reservas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">El siguiente cuadro muestra el detalle del ep\u00edgrafe de Otras reservas del patrimonio neto consolidado a cierre de los ejercicios</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3000_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3001\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5917\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5425_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reserva legal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5723_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.816</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5918_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">8.816</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas de revalorizaci\u00f3n R.D.L. 07/1996, de 7 de junio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5725 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.178</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5891_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">1.181</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas por p\u00e9rdidas y ganancias actuariales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5727_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1075\">(6.870)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1495 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps5920\">(6.380)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas voluntarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5893_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">260.051</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5894 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">291.564</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas consolidadas atribuidas a la dominante</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5896_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">116.758</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5898_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">116.758</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3699 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5921 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">379.933</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5922_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">411.939</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5923_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las Reservas consolidadas atribuidas a la dominante incluyen los ajustes de homogeneizaci\u00f3n valorativa necesarios para</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">presentar el Patrimonio neto consolidado bajo los criterios establecidos por la Normas Internacionales de Informaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps5925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.88pt\">Financiera (NIIF) y sus interpretaciones (CINIIF), tal y como se indica en la Nota 2.</span></div><div class=\"ps5926_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En cuanto a las reservas no distribuibles, Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes constituidas al amparo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5927_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de la legislaci\u00f3n espa\u00f1ola, est\u00e1n obligadas a destinar el 10% de los beneficios de cada ejercicio a la constituci\u00f3n de un fondo</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5928_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">de reserva legal hasta que este alcance, al menos una cantidad igual al 20% del capital social. Esta reserva s\u00f3lo podr\u00e1 ser</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:497.88pt\">utilizada para cubrir, en caso de no tener otras reservas disponibles, el saldo deudor de la Cuenta de p\u00e9rdidas y ganancias.</span></div><div class=\"ps5931 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5930\"><span style=\"display:inline-block;height:6.8pt;width:14.69pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Acciones propias</span></div><div class=\"ps5932_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.32pt\">El detalle y movimiento de las acciones propias es el siguiente:</span></div><div class=\"ps5947_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:323.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:186pt\"></td><td style=\"padding:0;width:3pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7487 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps5933\">Acciones</span></div></div></div></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5934_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5935\">200.361</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3155 ss661_1\"><div><div class=\"ps958 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Adquisiciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5938_1 ss662_1\"><div><div class=\"ps5937_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5936_1\">4.610.851</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Enajenaciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5940 ss660_1\"><div><div class=\"ps4319_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5939\">(4.601.863)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2502 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5934_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5941_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5935\">209.349</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Precio medio \u20ac</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5943 ss660_1\"><div><div class=\"ps4319_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5942\">7,65</span></div></div></div></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3830 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5944\">SALDO A 31/12/2025 (miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5946_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5945_1\">1.601</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps5950_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:216.06pt\">El n\u00famero de acciones en poder de la Compa\u00f1\u00eda a </span><span class=\"f charStyle-f47c836a ps5948\" style=\"width:104.07pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5949\" style=\"width:195.49pt\"> es de 209.349, que representan el 0,095% del</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5951 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:424.85pt\">capital social. La autocartera no supera el l\u00edmite del 10% establecido en la Ley de Sociedades de Capital.</span></div><div class=\"ps5952_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El valor de cotizaci\u00f3n de las acciones de Meli\u00e1 Hotels International, S.A. al cierre del ejercicio es de 7,92 euros. A cierre del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps5955_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:193.18pt\">, el valor de cotizaci\u00f3n ascend\u00eda a\u00a0 7,365 euros.</span></div><div class=\"ps5959 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.74pt\">A\u00a0 efectos comparativos, los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5956_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5957\" style=\"width:88.98pt\"> fueron los siguientes:</span><span class=\"f charStyle-f47c836a ps5958\" style=\"width:2.71pt\"> </span></div><div class=\"ps5975 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:183pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps8447 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-4ed8e3ec ps5960\">Acciones</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5961\">N\u00daMERO DE ACCIONES A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5752_1 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-28c2751e ps5962\">248.014</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Adquisiciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5964_1 ss664_1\"><div><div class=\"ps2107_1 ss826\"><span class=\"f charStyle-6abf3695 ps5963\">7.136.089</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Enajenaciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5966_1 ss664_1\"><div><div class=\"ps2107_1 ss826\"><span class=\"f charStyle-6abf3695 ps5965\">(7.183.742)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps12596 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5961\">N\u00daMERO DE ACCIONES A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5967_1 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-28c2751e ps5962\">200.361</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11109 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Precio medio \u20ac</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5971 ss665_1\"><div><div class=\"ps5970 ss826\"><span class=\"f charStyle-6abf3695 ps5969\">7,53</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps14894 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5972_1\">SALDO A 31/12/2024 (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5974 ss665_1\"><div><div class=\"ps2435_1 ss826\"><span class=\"f charStyle-28c2751e ps5973_1\">1.509</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:211.66pt\">El n\u00famero de acciones en poder de la Compa\u00f1\u00eda a </span><span class=\"f charStyle-f47c836a ps5976_1\" style=\"width:102.31pt\">31 de diciembre de 2024</span><span class=\"f charStyle-f47c836a ps5977\" style=\"width:201.58pt\"> fue de 200.361, que representaban el 0,09% del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5979_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:56.52pt\">capital social.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.53pt\">15.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5981\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.47pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:106.43pt\">Ganancias acumuladas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Se incluyen en este ep\u00edgrafe los resultados de ejercicios anteriores de la sociedad matriz, as\u00ed como las ganancias acumuladas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.62pt\">del resto de sociedades incluidas en el per\u00edmetro de consolidaci\u00f3n, desde su incorporaci\u00f3n al mismo.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.31pt\">Los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5982_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5983\" style=\"width:361.46pt\"> recogidos en este apartado correspondieron, principalmente, a la distribuci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">resultados positivos del ejercicio anterior, por importe de 151,6 millones de euros de sociedades en integraci\u00f3n global y 10,9</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:305.68pt\">millones de euros de p\u00e9rdidas de entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps5984\" style=\"width:2.71pt\"> </span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.31pt\">Los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5982_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5983\" style=\"width:361.46pt\"> recogidos en este apartado correspondieron, principalmente, a la distribuci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">resultados positivos del ejercicio anterior, por importe de 104,8 millones de euros de sociedades en integraci\u00f3n global y 12,9</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.01pt\">de beneficios de entidades asociadas y negocios conjuntos.</span></div><div class=\"ps5986_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5985_1\"><span style=\"display:inline-block;height:6.8pt;width:0.18pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Ajustes por cambios de valor</span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">En el apartado de Ajustes por cambios de valor del Estado de cambios en el patrimonio neto consolidado se desglosan los</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:459.93pt\">ep\u00edgrafes de Diferencias de conversi\u00f3n y Otros ajustes por cambios de valor detallados en el Balance consolidado.</span></div><div class=\"ps5987 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Diferencias de conversi\u00f3n</span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Del total de Diferencias de conversi\u00f3n, un importe de 197,5 millones de euros negativos corresponde a entidades integradas</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">por el m\u00e9todo de integraci\u00f3n global y 56,5 millones negativos a entidades integradas por el m\u00e9todo de la participaci\u00f3n. En el</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:428.1pt\"> las cifras fueron de 146 millones de euros negativos y 56,9 millones tambi\u00e9n negativos, respectivamente.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Conforme a la NIC 21.15, se han considerado determinadas operaciones de financiaci\u00f3n a sociedades dependientes en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">extranjero como mayor valor de la inversi\u00f3n. Se ha registrado durante el ejercicio en este ep\u00edgrafe un total de 9,2 millones de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5990 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:396.75pt\">euros de diferencias de conversi\u00f3n positivas por este concepto, mientras que en el ejercicio </span><span class=\"f charStyle-f47c836a ps5988\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5989\" style=\"width:99.95pt\"> se registraron por este</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5991_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:174.39pt\">concepto 18,4 millones de euros negativas.</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El importe reconocido durante el ejercicio en el Estado de resultado global consolidado por diferencias de conversi\u00f3n,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">asciende a 57,9 millones de euros negativos (42,2 positivos en 2024), provocado principalmente por la depreciaci\u00f3n del d\u00f3lar</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.12pt\">americano frente al euro en un 11,34% (apreciaci\u00f3n del 6,37% en 2024).</span></div><div class=\"ps2326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:137.35pt\">Otros ajustes por cambio de valor</span></div><div class=\"ps5992_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los movimientos del ejercicio corresponden principalmente a los ingresos y gastos imputados a patrimonio, as\u00ed como las</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps5993 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">transferencias a la Cuenta de p\u00e9rdidas y ganancias consolidada, de los instrumentos financieros derivados calificados como de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">cobertura, netos de su efecto impositivo, que ha supuesto un incremento de patrimonio neto de 1,3 millones de euros. En el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:410.39pt\">, la variaci\u00f3n por este concepto supuso una disminuci\u00f3n de patrimonio neto de 4,1 millones de euros.</span><span class=\"f charStyle-f47c836a ps5994\" style=\"width:2.71pt\"> </span></div><div class=\"ps1717 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5995_1\"><span style=\"display:inline-block;height:6.8pt;width:14.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Participaciones no dominantes</span></div><div class=\"ps1718 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Bajo este ep\u00edgrafe se recoge la participaci\u00f3n sobre el patrimonio correspondiente a derechos de terceros ajenos al Grupo,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5997_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.04pt\">incluyendo la parte proporcional del resultado que les corresponde.</span><span class=\"f charStyle-f47c836a ps5996_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5998 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Los importes consolidados, antes de realizar las eliminaciones rec\u00edprocas intragrupo, de los activos y pasivos de sociedades</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">dependientes y de sus participadas con participaciones no dominantes, as\u00ed como su correspondiente participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6001 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:212.22pt\">resultado del ejercicio se relacionan a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps6000\" style=\"width:2.71pt\"> </span></div><div class=\"ps9250 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:132pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:66pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss667_1\"><div><div class=\"ps4873_1 ss88\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6005 ss668_1\"><div><div class=\"ps6003 ss492\"><span class=\"f charStyle-40b73844 ps6097\">Porcentaje </span></div><div class=\"ps6004_1 ss492\"><span class=\"f charStyle-40b73844 ps4444\">Minoritarios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15488 ss668_1\"><div><div class=\"ps4873_1 ss492\"><span class=\"f charStyle-40b73844 ps6006_1\">Total ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6009 ss669_1\"><div><div class=\"ps4873_1 ss43\"><span class=\"f charStyle-40b73844 ps6008_1\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4140 ss669_1\"><div><div class=\"ps6003 ss43\"><span class=\"f charStyle-40b73844 ps6010\">Total ACTIVOS </span></div><div class=\"ps6004_1 ss43\"><span class=\"f charStyle-40b73844 ps6011_1\">NETOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6014_1 ss670_1\"><div><div class=\"ps6003 ss130_1\"><span class=\"f charStyle-40b73844 ps6012_1\">Participaciones </span></div><div class=\"ps6004_1 ss130_1\"><span class=\"f charStyle-40b73844 ps6013_1\">no dominantes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6018_1 ss708\"><div><div class=\"ps6015_1 ss92\"><span class=\"f charStyle-40b73844 ps3085_1\">Rtdo. </span></div><div class=\"ps4873_1 ss92\"><span class=\"f charStyle-40b73844 ps6687\">Participaciones </span></div><div class=\"ps6017_1 ss92\"><span class=\"f charStyle-40b73844 ps6037\">no dominantes</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Invers. Explot. Tur\u00edsticas, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6021 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">45,07%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6022_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps3359\">87.496</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6023 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">30.596</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6025 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">56.900</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6026_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">25.676</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6028_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">6.166</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Realizaciones Tur\u00edsticas, S.A. (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6029_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14228\">3,73%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6031_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">206.824</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6033_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6032_1\">2.157</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6035 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">204.667</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6036_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">7.689</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6037 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps1459_1\">222</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Adprotel Strand, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6038_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">38,20%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6040_1 ss51_1\"><div><div class=\"ps6039_1 ss492\"><span class=\"f charStyle-fb61828c ps2329\">689.410</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6041_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">58.410</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6042_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">631.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6043_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps14516\">241.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6044 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps960\">17.918</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3734 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">MIA Exhol, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6045_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14228\">0,31%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6046_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">501.120</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6047_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">418.021</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6048_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">83.099</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6049_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">2.603</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6051_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps6050_1\">54</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Punta Cana Reservatios, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6052_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">25,00%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6053 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">188.721</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6054_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">75.409</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6055 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">113.313</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6056_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">23.248</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6058_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps6057\">(323)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps722 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Crisalian S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6059 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">46,25%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6060_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps3359\">82.618</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6061_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6032_1\">6.490</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6062_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">76.129</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6063_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">35.210</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6064 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">3.091</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8155 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6065_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">388.371</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6066 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">304.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6067 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">84.207</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6068_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">1.220</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6069 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">3.048</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps5288 ss676_1\"><div><div class=\"ps649 ss675_1\"><span class=\"f charStyle-40b73844 ps6070\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6072_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-c9c26710 ps2731\">2.144.562</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2848_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-3e9f2643 ps6034\">895.246</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6073_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-3e9f2643 ps4324_1\">1.249.316</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6074_1 ss136_1\"><div><div class=\"ps10988 ss130_1\"><span class=\"f charStyle-3e9f2643 ps14516\">336.689</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6075_1 ss674_1\"><div><div class=\"ps10988 ss92\"><span class=\"f charStyle-3e9f2643 ps960\">30.177</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6077_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:325.1pt\">(*) Incluye las participaciones no dominantes en sus dependientes (ver Anexo 1).</span></div><div class=\"ps6078_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.74pt\">En el ep\u00edgrafe Otros se incluye informaci\u00f3n correspondiente, principalmente, a sociedades explotadoras de hoteles.</span></div></div><div><div class=\"ps2534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:56.11pt\">Crisalian, S.L.</span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Durante el segundo semestre del ejercicio, el Grupo ha adquirido el 53,75% de la sociedad Crisalian, S.L., propietaria y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">explotadora del hotel Meli\u00e1 Salinas &amp; Garden Villas, a la sociedad Victoria Hotels &amp; Resorts, S.L.\u00a0 Fruto de esta operaci\u00f3n, se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">han registrado 32,1 millones de euros en el ep\u00edgrafe de Participaciones no dominantes del balance consolidado,</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">correspondiente al porcentaje de participaci\u00f3n asignado al socio minoritario sobre el valor neto contable de los activos netos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:301.94pt\">de la sociedad Crisalian, S.L. en el momento de la integraci\u00f3n (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps10765\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.81pt\">A efectos comparativos se presentan los importes referentes a </span><span class=\"f charStyle-f47c836a ps6080\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6081\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6082\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps4559_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:134.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:66.75pt\"></td></tr><tr style=\"height:32.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss956\"><div><div class=\"ps6083_1 ss699\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6088_1 ss167\"><div><div class=\"ps6085_1 ss43\"><span class=\"f charStyle-c9c26710 ps1807\">Porcentaje </span></div><div class=\"ps6087 ss43\"><span class=\"f charStyle-c9c26710 ps6086\">Minoritarios</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2450 ss680_1\"><div><div class=\"ps6083_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps6089\">Total ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6092 ss680_1\"><div><div class=\"ps6083_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps6091\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2177 ss681_1\"><div><div class=\"ps6093_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps2186_1\">Total </span></div><div class=\"ps6083_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps1801\">ACTIVOS </span></div><div class=\"ps6096_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps2026\">NETOS</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5873 ss683_1\"><div><div class=\"ps6085_1 ss682_1\"><span class=\"f charStyle-c9c26710 ps6097_1\">Participaciones </span></div><div class=\"ps6087 ss682_1\"><span class=\"f charStyle-c9c26710 ps6050\">no dominantes</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6103_1 ss684_1\"><div><div class=\"ps6093_1 ss65\"><span class=\"f charStyle-c9c26710 ps11909\">Rtdo. </span></div><div class=\"ps6083_1 ss65\"><span class=\"f charStyle-c9c26710 ps6101\">Participaciones </span></div><div class=\"ps6096_1 ss65\"><span class=\"f charStyle-c9c26710 ps6319\">no dominantes</span></div></div></div></td></tr><tr style=\"height:8.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7148 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">Invers. Explot. Tur\u00edsticas, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6105 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps6104\">45,07%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6106_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">84.265</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6107 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">37.142</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6108_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.122</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6110_1 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps14654\">21.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6112_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps15040\">7.426</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps430 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">Realizaciones Tur\u00edsticas, S.A. (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6114_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps2799\">3,73%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6115 ss327_1\"><div><div class=\"ps6039_1 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">201.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6116_1 ss327_1\"><div><div class=\"ps6039_1 ss316_1\"><span class=\"f charStyle-fb61828c ps1840\">2.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6117_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">198.897</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6119_1 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">7.467</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6120 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps14978\">272</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9229 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-10d23c65 ps459\">Adprotel Strand, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6121_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps6104\">38,20%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6122_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">363.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6124_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps6123_1\">(292.852)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6125 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">656.702</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6127 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1194\">251.450</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6128_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps11357\">11.994</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9286 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">MIA Exhol, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6129 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps2799\">0,31%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6130_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">654.828</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6131 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">429.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6132_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">224.867</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6133 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">2.545</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6134_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps2147\">50</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5284 ss687_1\"><div><div class=\"ps3348 ss699\"><span class=\"f charStyle-fb61828c ps459\">Punta Cana Reservatios, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6135 ss688_1\"><div><div class=\"ps3348 ss43\"><span class=\"f charStyle-fb61828c ps6104\">25,00%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6136 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">167.091</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6137_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">52.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6139 ss689_1\"><div><div class=\"ps6138 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">114.629</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6140_1 ss690_1\"><div><div class=\"ps6138 ss682_1\"><span class=\"f charStyle-fb61828c ps14654\">27.284</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6142 ss691_1\"><div><div class=\"ps6138 ss65\"><span class=\"f charStyle-fb61828c ps5806\">(1.536)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps10842 ss687_1\"><div><div class=\"ps3348 ss699\"><span class=\"f charStyle-fb61828c ps459\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6143_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">414.643</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6144 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">332.101</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6145 ss689_1\"><div><div class=\"ps3348 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">82.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6146_1 ss690_1\"><div><div class=\"ps3348 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">1.611</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6147_1 ss691_1\"><div><div class=\"ps3348 ss65\"><span class=\"f charStyle-fb61828c ps15040\">3.208</span></div></div></div></td></tr><tr style=\"height:6.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss693_1\"><div><div class=\"ps649 ss692_1\"><span class=\"f charStyle-40b73844 ps6149\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6150_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps1203\">1.886.115</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6151_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">561.356</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6152_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-c9c26710 ps2207_1\">1.324.760</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6153 ss686_1\"><div><div class=\"ps649 ss682_1\"><span class=\"f charStyle-c9c26710 ps11763\">311.705</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6155 ss596_1\"><div><div class=\"ps649 ss65\"><span class=\"f charStyle-c9c26710 ps6154\">21.415</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:325.98pt\">(*) Incluye las participaciones no dominantes en sus dependientes (Ver Anexo 1).</span></div><div class=\"ps6158 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:84.94pt\">Adprotel Strand, S.L.</span></div><div class=\"ps6159_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Tras las operaciones descritas en la Nota 5.2, la sociedad Adprotel Strand, S.L. (Adprotel) es propietaria de 3 hoteles: el hotel</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">ME London (Londres), de forma directa, y los hoteles Melia Cala Galdana (Menorca) y Gran Melia Palacio de Isora (Tenerife), de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6161_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">forma indirecta, a trav\u00e9s de las sociedades Cala Galdana Property (anteriormente denominada Wamabe Iberia, S.L.) e</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6162_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:222.7pt\">Inversiones Hoteleras La Jaquita, S.A respectivamente.</span></div><div class=\"ps6163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el primer semestre del ejercicio 2024, el Grupo suscribi\u00f3 un acuerdo con la sociedad Moon GC&amp;P Investments, S.L.U.,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6164_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">propiedad de Banco de Santander, S.A., en virtud del cual dicha sociedad adquiri\u00f3 una participaci\u00f3n representativa del 38,2%</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">en el capital social de Adprotel mediante la suscripci\u00f3n de nuevas participaciones sociales tipo B, por un importe total de 300</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6166_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">millones de euros entre capital y prima de emisi\u00f3n, que otorgaron derechos pol\u00edticos acordes al porcentaje de participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6167_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:435.5pt\">adquirido y, en consecuencia, el Grupo redujo su participaci\u00f3n en dicho porcentaje, sin p\u00e9rdida de control.</span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Estas participaciones tienen car\u00e1cter preferente al otorgar al socio minoritario un acceso preferente, hasta recuperar su</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">inversi\u00f3n y sin que \u00e9sta est\u00e9 garantizada, a los flujos procedentes de una potencial venta de activos o participaciones por</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6168_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">parte de Adprotel, o de venta conjunta de las propias participaciones de Adprotel por parte de sus socios, as\u00ed como a un</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">porcentaje de los dividendos que, en su caso, decida aprobar la Junta de Socios de Adprotel. Sobre los flujos restantes de una</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6170_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">potencial venta, Meli\u00e1 tiene derecho a la recuperaci\u00f3n de su inversi\u00f3n en las mismas condiciones y, una vez cubierta, se</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6171_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">realizar\u00eda un reparto proporcional en base a los correspondientes porcentajes de participaci\u00f3n (esto es, 61,8% para el Grupo</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Meli\u00e1 y 38,2% para el Grupo Santander). Todos los eventos que puedan producir una salida de flujos de efectivo futuros est\u00e1n</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6173_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:302.13pt\">bajo el control del Grupo Meli\u00e1 seg\u00fan las condiciones del acuerdo suscrito.</span></div><div class=\"ps6174_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Tal y como se indica, el porcentaje de participaci\u00f3n de cada socio le otorga derechos pol\u00edticos acordes al mismo, adopt\u00e1ndose</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">las decisiones por parte de la Junta de Socios por mayor\u00eda de conformidad con la legislaci\u00f3n mercantil. El Grupo, a trav\u00e9s de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6176_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">otras sociedades del Grupo, explota los citados hoteles en r\u00e9gimen de arrendamiento y dirige el uso de los activos. Por otra</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">parte, las participaciones preferentes de Adprotel no tienen vencimiento, ni existe obligaci\u00f3n contractual por parte del Grupo</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.49pt\">Meli\u00e1 de comprar o asumir de forma alguna dicha participaci\u00f3n.</span></div><div class=\"ps6179_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">No obstante, la Compa\u00f1\u00eda mantiene una opci\u00f3n de compra sobre dichas participaciones preferentes ejercitable durante los 7</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6182 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.48pt\">primeros a\u00f1os desde la suscripci\u00f3n del acuerdo a un precio de ejercicio (o </span><span class=\"f charStyle-6f7c0cc4 ps6180\" style=\"width:23.26pt\">strike</span><span class=\"f charStyle-f47c836a ps6181_1\" style=\"width:172.76pt\">) variable en funci\u00f3n del momento de su</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6183 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">ejercicio que, a fecha del acuerdo, estaba fuera de dinero. Esta opci\u00f3n constituye un instrumento financiero derivado de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">activo. Por otro lado, y \u00fanicamente en caso de que se produjera una situaci\u00f3n de liquidaci\u00f3n o una situaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6185 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">incumplimiento material de condiciones bajo control del Grupo, el inversor minoritario tiene derecho a vender sus</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">participaciones a valor de mercado a un tercero que, en caso de ser ejercido, activar\u00eda un derecho de arrastre sobre las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6187 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">participaciones titularidad del Grupo a dicho tercero, con preferencia para el minoritario en los flujos hasta recuperar su</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">inversi\u00f3n, como se ha indicado anteriormente, de forma que desde la fecha del acuerdo existe un instrumento financiero</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6189 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">derivado que debe reflejar el valor de la renuncia del Grupo a parte de los derechos econ\u00f3micos que eventualmente se</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">pudieran obtener. El Grupo involucr\u00f3 al experto independiente KPMG para la evaluaci\u00f3n y valoraci\u00f3n de ambos instrumentos,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">habiendo reconocido un importe de activo de 8,7 millones de euros y de pasivo de 6,8 millones de euros en el balance</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps6192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:106.49pt\">consolidado (ver Nota 13).</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">De las condiciones se\u00f1aladas, y en aplicaci\u00f3n de la NIC 32, se procedi\u00f3 a registrar un importe de 234,6 millones de euros en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">ep\u00edgrafe Participaciones no dominantes del balance consolidado, correspondiente al porcentaje de participaci\u00f3n adquirido por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el minoritario sobre el valor neto contable de los activos netos de Adprotel y sus filiales, y un importe de 65,4 millones de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">euros en el ep\u00edgrafe de Ganancias Acumuladas del balance consolidado por la diferencia entre la caja recibida y el citado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">importe de la participaci\u00f3n no dominante reconocida, al tratarse de una operaci\u00f3n patrimonial de reducci\u00f3n de porcentaje de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:147.38pt\">participaci\u00f3n sin p\u00e9rdida de control.</span><span class=\"f charStyle-f47c836a ps12062\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-06db919b ps12591\">Punta Cana Reservations, S.L.</span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo firm\u00f3 un acuerdo con la Administradora de Fondos de Inversi\u00f3n Popular (AFI Popular), filial de Grupo Popular,</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">mediante el cual, y a trav\u00e9s de una ampliaci\u00f3n de capital, dicho fondo de inversi\u00f3n adquiri\u00f3 el 25% de la sociedad Punta Cana</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Reservations S.L. y su filial Inversiones Areito S.A., propietaria a su vez de los hoteles en Rep\u00fablica Dominicana Paradisus</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:165.91pt\">Palma Real Golf &amp; Spa y ZEL Punta Cana.</span><span class=\"f charStyle-f47c836a ps6194_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Fruto de esta operaci\u00f3n, se registraron 28,7 millones de euros en el ep\u00edgrafe de Participaciones no dominantes del balance</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">consolidado, que correspond\u00edan al porcentaje de participaci\u00f3n adquirido por el minoritario sobre el valor neto contable de los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">activos netos de la sociedad Punta Cana Reservations S.L. y de su filial, Inversiones Areito, S.A., y un importe de 31,3 millones</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">de euros registrado en el ep\u00edgrafe de Ganancias Acumuladas del balance consolidado por la diferencia entre la caja recibida y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">el citado importe de la participaci\u00f3n no dominante reconocida, al tratarse de una operaci\u00f3n patrimonial de reducci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.77pt\">porcentaje de participaci\u00f3n sin p\u00e9rdida de control.</span><span class=\"f charStyle-f47c836a ps6195_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6197 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 16.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps6196_1\"><span style=\"display:inline-block;height:11.34pt;width:9.22pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Otros Pasivos No Corrientes</span></div><div class=\"ps6199 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">16.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones de capital y otros ingresos diferidos</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El detalle de los saldos mantenidos en Balance consolidado es el siguiente:\u00a0 </span><span class=\"f charStyle-6f7c0cc4 ps6200\"> </span></div><div class=\"ps6202_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Subvenciones de capital</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">3.034</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">3.210</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos programas fidelizaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">29.524</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">28.399</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">149.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">231.980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">6.257</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">6.785</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps500 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">188.310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6201 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">270.374</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6203_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las subvenciones de capital corresponden principalmente a subvenciones para financiar compras del inmovilizado material,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6204_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">habi\u00e9ndose recogido en la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio un importe total de 175,9 miles de euros.</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6205 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:283.23pt\"> se recogieron ingresos por subvenciones por valor de 171,9 mil euros.</span></div><div class=\"ps6206_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Referente a los programas de fidelizaci\u00f3n, se asigna una parte del precio de venta de las estancias hoteleras como valor</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6207_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">razonable de los puntos que se reconocer\u00e1n como ingreso en la Cuenta de p\u00e9rdidas y ganancias consolidada en el momento de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:121.63pt\">ser redimidos por los clientes.</span></div><div class=\"ps6209_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los Ingresos diferidos del club vacacional reflejan el importe asignado a las semanas no disfrutadas a\u00fan por parte de los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6210_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">clientes, una vez descontados los gastos directamente atribuibles a la firma de estos contratos. Estos ingresos diferidos se</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6211_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">reconocer\u00e1n como ingreso en la Cuenta de p\u00e9rdidas y ganancias consolidada en el momento en que los clientes hacen uso de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:298.1pt\">los derechos adquiridos en su contrato de membres\u00eda del club vacacional.</span></div><div class=\"ps6213_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">16.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:54.45pt\">Provisiones</span></div><div class=\"ps6214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo mantiene en el pasivo no corriente un saldo de 38 millones de euros en concepto de provisiones para riesgos y gastos.</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Tal y como se indica en la Nota 3.9, se registran en esta r\u00fabrica las obligaciones post-empleo mantenidas por el Grupo con su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">personal y para contenciosos con organismos p\u00fablicos de car\u00e1cter urban\u00edstico, as\u00ed como las provisiones registradas para cubrir</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6217_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">los diferentes riesgos y contingencias con origen en las operaciones desarrolladas, los compromisos adquiridos y garant\u00edas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">prestadas a favor de terceros, riesgos por litigios y reclamaciones legales y posibles pasivos derivados de las distintas</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6219_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:249.94pt\">interpretaciones a que est\u00e1 sujeta la normativa legal vigente.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:287.23pt\">El desglose del saldo por naturaleza de las obligaciones es el siguiente:</span><span class=\"f charStyle-f47c836a ps6225_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps4070\">31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-28c2751e ps2014\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss694_1\"><div><div class=\"ps568 ss663\"><span class=\"f charStyle-f47c836a ps267\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n </span></div><div class=\"ps570 ss663\"><span class=\"f charStyle-f47c836a ps267\">y obligaciones con el personal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6227 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">12.577</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6228 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">1.907</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5494_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(363)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6230_1 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">14.121</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Provisi\u00f3n para responsabilidades e impuestos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6231_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">28.458</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6232_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps990_1\">845</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6233 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">(5.408)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6234_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">23.895</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11232 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6235 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps11402\">41.035</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6236 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1105\">2.752</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6238_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps6237\">(5.771)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6239_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps9374\">38.016</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6240_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n y obligaciones con el personal</span></div><div class=\"ps6241_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Al cierre de cada ejercicio se realizan estudios actuariales para valorar los servicios pasados correspondientes a los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6244 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.14pt\">compromisos estipulados en convenios colectivos supra-empresariales, estim\u00e1ndose para el </span><span class=\"f charStyle-f47c836a ps6242\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps9718\" style=\"width:111.6pt\"> un importe devengado de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6249_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:395.93pt\">14,5 millones de euros, con un impacto de 1,9 millones de euros en el resultado del ejercicio </span><span class=\"f charStyle-f47c836a ps6245\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6246\" style=\"width:70.69pt\">. En el ejercicio </span><span class=\"f charStyle-f47c836a ps6247\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6248\" style=\"width:11.22pt\"> el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6250 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:440.26pt\">importe total devengado fue de 13,1 millones de euros, con impacto en resultados por valor de 1,8 millones.</span></div><div class=\"ps6251_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La evaluaci\u00f3n de dichos compromisos asumidos por la Compa\u00f1\u00eda se ha realizado de acuerdo con las hip\u00f3tesis actuariales del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">modelo propio del Grupo, aplicando el m\u00e9todo de c\u00e1lculo conocido como Cr\u00e9dito unitario proyectado e hip\u00f3tesis demogr\u00e1ficas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6253_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">correspondientes a las tablas PER2020, utilizando un tipo de capitalizaci\u00f3n del 3,52% y una hip\u00f3tesis de incremento salarial del</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6254 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">3,96%. Adicionalmente, tambi\u00e9n se ha aplicado la probabilidad de permanencia hasta la edad de jubilaci\u00f3n basada en la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6255 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:477.98pt\">experiencia de bajas del Grupo, resultando los siguientes coeficientes de rotaci\u00f3n seg\u00fan la edad actual del empleado.</span></div><div class=\"ps6269_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss268_1 ws0 ps6268\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:150pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-4ed8e3ec ps6256_1\">Tramo edad</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps8230 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-4ed8e3ec ps6257_1\">% Rotaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps6260 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6259_1\">&lt;45</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6262 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">6,07%</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps6264 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6263\">45-55</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6265_1 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">3,47%</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1096 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6259_1\">&gt;55</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6267 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">2,96%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6270_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asimismo, se ha externalizado una parte significativa de estos compromisos en cumplimiento de la legislaci\u00f3n vigente, siendo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6272_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.26pt\">el saldo de dichos activos afectos a los planes de prestaci\u00f3n post-empleo a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6271_1\" style=\"width:106.45pt\"> de 0,4 millones de euros,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6275_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.44pt\">present\u00e1ndose el pasivo por su valor neto. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6273_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6274\" style=\"width:229.77pt\"> el saldo por este concepto fue de 0,5 millones de euros.</span></div><div class=\"ps6276_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Por otra parte, el importe negativo reconocido en el Estado del resultado global consolidado por 0,8 millones de euros</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6277 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">corresponde a la variaci\u00f3n experimentada en los porcentajes e hip\u00f3tesis actuariales de c\u00e1lculo de las retribuciones y premios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6278_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">de jubilaci\u00f3n por los compromisos por prestaciones post-empleo que el Grupo mantiene frente a sus empleados. En el ejercicio</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6279 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:434.33pt\"> el importe negativo reconocido en el Estado del resultado global consolidado fue de 0,9 millones de euros.</span></div><div class=\"ps6280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:132.24pt\">Provisi\u00f3n para responsabilidades</span></div><div class=\"ps6281_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La disminuci\u00f3n registrada en este apartado se corresponde b\u00e1sicamente con la reversi\u00f3n de provisiones asociadas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6282 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">obligaciones ligadas a diferentes contratos, as\u00ed como a determinados contenciosos cuya resoluci\u00f3n ha supuesto una reducci\u00f3n</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6283_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.52pt\">del riesgo de desembolso econ\u00f3mico para el Grupo.</span></div><div class=\"ps6287_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A efectos comparativos se presenta el desglose del saldo por naturaleza a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6285\">2024</span><span class=\"f charStyle-f47c836a ps6286\">:</span></div><div class=\"ps6296_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2014\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss696_1\"><div><div class=\"ps5291_1 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n </span></div><div class=\"ps5292_1 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">y obligaciones con el personal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3277 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">11.024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3278_1 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">2.029</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3279 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(475)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3281 ss698_1\"><div><div class=\"ps5294_1 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">12.577</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3722 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">Provisi\u00f3n para responsabilidades e impuestos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6288_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">26.653</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6289_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">2.633</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6290_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(828)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6291_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">28.458</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3729 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6292_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps11402\">37.677</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1105\">4.662</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6294_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps6237\">(1.303)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6295 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps9374\">41.036</span></div></div></div></td></tr></tbody></table></div></div></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_73\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 17.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps6298\"><span style=\"display:inline-block;height:11.34pt;width:10.62pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Arrendamientos</span></div><div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">17.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6299\"><span style=\"display:inline-block;height:6.8pt;width:1.58pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Derechos de uso</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">A continuaci\u00f3n, se detallan los saldos iniciales y finales de los activos por Derechos de uso, as\u00ed como movimientos del ejercicio</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.12pt\">e importes de amortizaci\u00f3n para cada clase de activo subyacente para el presente ejercicio y el ejercicio anterior:</span><span class=\"f charStyle-f47c836a ps8930\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3025 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:147.75pt\"></td><td style=\"padding:0;width:71.25pt\"></td><td style=\"padding:0;width:66pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:62.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss699_1\"><div><div class=\"ps3465 ss278_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6302_1 ss700_1\"><div><div class=\"ps3465 ss376_1\"><span class=\"f charStyle-40b73844 ps6301\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6305_1 ss701_1\"><div><div class=\"ps3467 ss92\"><span class=\"f charStyle-40b73844 ps6303\">Amortizaci\u00f3n y </span></div><div class=\"ps3469_1 ss92\"><span class=\"f charStyle-40b73844 ps6304\">Deterioro</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps587 ss702_1\"><div><div class=\"ps3465 ss492\"><span class=\"f charStyle-40b73844 ps14367\">Altas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3635 ss195_1\"><div><div class=\"ps3465 ss194_1\"><span class=\"f charStyle-40b73844 ps276\">Bajas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps469 ss134_1\"><div><div class=\"ps3467 ss108\"><span class=\"f charStyle-40b73844 ps1306\">Diferencias </span></div><div class=\"ps3469_1 ss108\"><span class=\"f charStyle-40b73844 ps6308\">cambio</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6312_1 ss703_1\"><div><div class=\"ps3467 ss34\"><span class=\"f charStyle-40b73844 ps6310\">Saldo </span></div><div class=\"ps3469_1 ss34\"><span class=\"f charStyle-40b73844 ps2172\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps427 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-40b73844 ps6313\">COSTE</span></div></div></div></td><td colspan=\"6\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6314_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps11859\">2.944.555</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6315_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps2329\">136.041</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3647_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-ae93a5af ps3408\">(29.520)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6316_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(45.336)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6318_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps339\">3.005.740</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6320_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps1139\">555</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6322_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps808\">185</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6323_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps1154\">740</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6324_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps3386_1\">2.546</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6325 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps808\">274</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6326_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps11405\">2.820</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3699 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-40b73844 ps6327_1\">Total Coste </span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6329_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-40b73844 ps6328\">2.947.657</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6331 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-40b73844 ps11060\">0</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps6333_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-40b73844 ps1996\">136.500</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6334_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-3e9f2643 ps3408\">(29.520)</span></div></div></div></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps6336_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1426\">(45.336)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6338_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-40b73844 ps6337\">3.009.300</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8247 ss705_1\"><div><div class=\"ps6339_1 ss278_1\"><span class=\"f charStyle-40b73844 ps2021\">AMORTIZACI\u00d3N Y DETERIORO </span></div><div class=\"ps6341_1 ss278_1\"><span class=\"f charStyle-40b73844 ps6340\">ACUMULADOS</span></div></div></div></td><td colspan=\"6\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8159 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6344_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps11102\">(1.426.954)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6345 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-10d23c65 ps4666_1\">(150.294)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6346_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-ae93a5af ps3839\">24.967</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6347 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">22.064</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6349_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps6348\">(1.530.217)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps326_1 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6351_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps2790\">(451)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6352_1 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-10d23c65 ps889\">(116)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6353 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps2480\">(567)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9414 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6355_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps2200\">(2.396)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6356_1 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-10d23c65 ps889\">(386)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6357_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps14228\">(2.782)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps9425 ss706_1\"><div><div class=\"ps6359_1 ss278_1\"><span class=\"f charStyle-40b73844 ps6358\">Total Amortizaci\u00f3n y deterioro </span></div><div class=\"ps6361_1 ss278_1\"><span class=\"f charStyle-40b73844 ps6360\">acumulados</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6365_1 ss707_1\"><div><div class=\"ps6364_1 ss376_1\"><span class=\"f charStyle-40b73844 ps6363\">(1.429.802)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6367_1 ss703\"><div><div class=\"ps6364_1 ss92\"><span class=\"f charStyle-40b73844 ps2187\">(150.797)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6369 ss709_1\"><div><div class=\"ps6364_1 ss492\"><span class=\"f charStyle-40b73844 ps11352\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6370 ss710_1\"><div><div class=\"ps6364_1 ss194_1\"><span class=\"f charStyle-40b73844 ps4682_1\">24.967</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6372 ss711_1\"><div><div class=\"ps6364_1 ss108\"><span class=\"f charStyle-40b73844 ps6371_1\">22.064</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6374 ss712_1\"><div><div class=\"ps6364_1 ss34\"><span class=\"f charStyle-40b73844 ps400\">(1.533.566)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6377_1 ss713_1\" style=\"overflow:hidden\"><div><div class=\"ps6376_1 ss194_1\"><span class=\"f charStyle-9f1a0df2\"><span class=\"ps267\"><span style=\"display:inline-block;height:5.82pt;width:22.79pt\"></span></span><span class=\"ps6375\">14.981<span style=\"display:inline-block;height:5.82pt;width:2.66pt\"></span></span></span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1065 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-40b73844 ps4659\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6380_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-40b73844 ps6328\">1.517.855</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6381_1 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-40b73844 ps2187\">(150.797)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6382_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-40b73844 ps1996\">136.500</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6383_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-40b73844 ps2596\">(4.553)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6384_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1426\">(23.271)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6385_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-40b73844 ps6337\">1.475.734</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3585 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En lo referente a los Derechos de uso, en el apartado de Altas se incluyen 2 nuevos contratos de arrendamiento de 2</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6386 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">establecimientos hoteleros situados en territorio nacional que, hasta la fecha, estaban siendo gestionados por la compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">bajo un contrato de gesti\u00f3n, y que han supuesto un incremento de 14,4 millones de euros, as\u00ed como 6 nuevos contratos de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">arrendamiento de hoteles situados en Espa\u00f1a y un nuevo contrato de un establecimiento situado en el Principado de Andorra</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6387 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">que han supuesto un incremento de 30,8 millones de euros. En ese mismo ep\u00edgrafe, tambi\u00e9n se incluyen las variaciones</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6388_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">causadas por modificaciones en las condiciones de los contratos ya existentes, y por la variaci\u00f3n de rentas sujetas a IPC. Las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6389_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">altas derivadas de estas modificaciones contractuales afectan a 3 hoteles ubicados en Espa\u00f1a y a 1 hotel ubicado en Francia.</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6390 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.38pt\">Las bajas de los\u00a0 Derechos de uso corresponden a 1 hotel ubicado en Espa\u00f1a y a 1 hotel ubicado en Alemania.</span></div><div class=\"ps6391_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El ep\u00edgrafe Amortizaci\u00f3n y deterioro incluye una dotaci\u00f3n neta de deterioro de 5 millones de euros (ver Nota 7.5) como</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6392_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">consecuencia de los resultados del test de deterioro de las unidades generadoras de efectivo en arrendamiento realizado</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">conforme a la metodolog\u00eda descrita en las Nota 3.2 y Nota 3.11. En dicho test, la evoluci\u00f3n de la actividad durante el ejercicio</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">y la expectativa, recogida en el presupuesto aprobado por el \u00f3rgano de administraci\u00f3n del Grupo para 2026 y en las</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">proyecciones para los a\u00f1os del per\u00edodo del arrendamiento, han conducido a una dotaci\u00f3n neta de deterioro de los activos</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6396_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">asociados a dichas unidades. Asimismo, se ha producido una reversi\u00f3n del deterioro de 1 mill\u00f3n de euros a causa de la baja</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6398_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:250.75pt\">anticipada del contrato de arrendamiento un centro hotelero.</span><span class=\"f charStyle-f47c836a ps6397\" style=\"width:2.71pt\"> </span></div><div class=\"ps6399_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Las tasas de descuento empleadas en dicho test han sido determinadas para cada contrato de arrendamiento partiendo del</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6400_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">coste promedio ponderado del capital (WACC por sus siglas en ingl\u00e9s) por pa\u00eds, ajustado para reflejar el menor coste asociado</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">al pasivo por arrendamientos. En este sentido, para las \u00e1reas geogr\u00e1ficas relevantes a efectos de las UGEs en arrendamiento,</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6402_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">el coste promedio ponderado del capital estimado ha sido el 9,1% para Espa\u00f1a y entre el 8,60% y el 9,6% para EMEA y resto del</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps6403_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">mundo, mientras que la tasa de descuento ajustada para reflejar el citado coste del pasivo por arrendamiento para cada</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6404_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.11pt\">contrato ha sido de entre el 3,59% y el 7,12% para Espa\u00f1a y entre el 3,10% y el 5,56% para EMEA y resto del mundo.</span></div><div class=\"ps6405_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las diferencias de cambio son debidas a la depreciaci\u00f3n de la libra esterlina y del d\u00f3lar estadounidense respecto al euro, que</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6407_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:460.72pt\">afectan principalmente a cuatro hoteles situados en Reino Unido y a un hotel situado en EE.UU, respectivamente.</span><span class=\"f charStyle-f47c836a ps6406\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.81pt\">A efectos comparativos se detallan los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps6408\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6409_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6410\" style=\"width:13.55pt\">\u00a0 \u00a0  </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:131.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss715_1\"><div><div class=\"ps476 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11912 ss312_1\"><div><div class=\"ps568 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps2231_1\">Saldo </span></div><div class=\"ps570 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps6411_1\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2486 ss716_1\"><div><div class=\"ps568 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps6413\">Amortizaci\u00f3n </span></div><div class=\"ps570 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps3428\">y Deterioro</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps12445 ss134_1\"><div><div class=\"ps476 ss108\"><span class=\"f charStyle-4ed8e3ec ps14511\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2177 ss312_1\"><div><div class=\"ps476 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps386\">Traspasos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps788 ss317_1\"><div><div class=\"ps568 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps2196\">Diferencias </span></div><div class=\"ps570 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps6419\">cambio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5812 ss716_1\"><div><div class=\"ps568 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps2268\">Saldo </span></div><div class=\"ps570 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps6421\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps427 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps6422\">COSTE</span></div></div></div></td><td colspan=\"12\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6423 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6113\">2.774.445</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps12465 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">144.572</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6425_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps720_1\">25.538</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6426_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps2881\">2.944.555</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6428_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6427\">1.205</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6430_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps6429\">(654)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6432_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps3708\">5</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6434 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps7444\">555</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11922 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps2908\">25.669</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6438 ss324_1\"><div><div class=\"ps2107_1 ss311_1\"><span class=\"f charStyle-6f9b64c7 ps321\">(23.122)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6439 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14672\">2.546</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3699 ss717_1\"><div><div class=\"ps2107_1 ss714_1\"><span class=\"f charStyle-cf804784 ps6440\">Total Coste </span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6442_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps6441\">2.801.318</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6444_1 ss686_1\"><div><div class=\"ps2107_1 ss682_1\"><span class=\"f charStyle-cf804784 ps6443\">0</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6446_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps15298\">143.918</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6448_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps14815\">(23.122)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6450 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps6449_1\">25.543</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6452 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps13661\">2.947.657</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8247 ss718_1\"><div><div class=\"ps5291_1 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps2931\">AMORTIZACI\u00d3N Y DETERIORO </span></div><div class=\"ps5292_1 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps6453\">ACUMULADOS</span></div></div></div></td><td colspan=\"12\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8159 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6455_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps1192\">(1.407.759)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6456_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps4378\">(138.786)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6457_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">125.487</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6459_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps2895\">(5.896)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6461_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps1855\">(1.426.954)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps326_1 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6462 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6032_1\">(990)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6463_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14365\">(111)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6465_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps14525\">654</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6467_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps6466\">(5)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6468_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14365\">(451)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9414 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6470_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6469\">(16.715)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6471_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14365\">(663)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6473_1 ss324_1\"><div><div class=\"ps2107_1 ss311_1\"><span class=\"f charStyle-6f9b64c7 ps6472\">14.981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6475_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps9511\">(2.396)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9425 ss719_1\"><div><div class=\"ps6477_1 ss714_1\"><span class=\"f charStyle-cf804784 ps6476\">Total Amortizaci\u00f3n y </span></div><div class=\"ps6479_1 ss714_1\"><span class=\"f charStyle-cf804784 ps6478\">deterioro acumulados</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15861 ss720_1\"><div><div class=\"ps5104_1 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps1849\">(1.425.464)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6482 ss721_1\"><div><div class=\"ps5104_1 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps5057\">(139.559)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6483_1 ss711_1\"><div><div class=\"ps5104_1 ss108\"><span class=\"f charStyle-4ed8e3ec ps15298\">126.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6485_1 ss720_1\"><div><div class=\"ps5104_1 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps2796\">14.981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6486_1 ss722_1\"><div><div class=\"ps5104_1 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps2233_1\">(5.901)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6488_1 ss721_1\"><div><div class=\"ps5104_1 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps6487\">(1.429.802)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1065 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps14819\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6489_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps6441\">1.375.854</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6490 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps5057\">(139.559)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6491 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps15298\">270.060</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6493 ss324_1\"><div><div class=\"ps2107_1 ss311_1\"><span class=\"f charStyle-cf804784 ps14452\">(8.141)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6494 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps6449_1\">19.642</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6495 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps13661\">1.517.855</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6496 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En lo referente a los Derechos de uso, en el apartado de Altas se incluyeron 32,2 millones de euros por variaciones causadas</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6497 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">por modificaciones en las condiciones de los contratos ya existentes, 188,7 millones de euros por la integraci\u00f3n de la sociedad</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6498 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Melcom Joint Venture, S.L. y sus filiales (ver Nota 5.2), 20,2 millones de euros por el alta de un nuevo centro en Espa\u00f1a y 28,8</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6499_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">millones de euros por la variaci\u00f3n de rentas sujetas a IPC y otros hechos contingentes. Las altas derivadas de modificaciones</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6500_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">contractuales se refirieron, principalmente, a extensiones del vencimiento de contratos de arrendamiento que afectaron a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6501_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:423.27pt\">cuatro hoteles ubicados en Espa\u00f1a, a un hotel ubicado en Francia y a tres hoteles ubicados en Alemania.</span></div><div class=\"ps6502 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En el ep\u00edgrafe de traspasos se incluy\u00f3 el traspaso de 8,1 millones de euros de valor neto contable al ep\u00edgrafe inmovilizado</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6503_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:375.37pt\">material del Balance consolidado debido al ejercicio de una opci\u00f3n de compra (ver Nota 10).</span></div><div class=\"ps6504_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El ep\u00edgrafe Amortizaci\u00f3n y deterioro 2024 incluy\u00f3 una reversi\u00f3n neta de deterioro de 7,7 millones de euros (ver Nota 7.5) como</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6505_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.13pt\">consecuencia de los resultados arrojados por el test de deterioro de las unidades generadoras de efectivo en arrendamiento.</span></div><div class=\"ps6506_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las diferencias de cambio se debieron a la apreciaci\u00f3n de la libra esterlina y del d\u00f3lar estadounidense respecto al euro, que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6508_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:464.94pt\">afectaron positivamente a cuatro hoteles situados en Reino Unido y a un hotel situado en EE.UU, respectivamente.</span><span class=\"f charStyle-f47c836a ps9762\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6510_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:20.91pt\">17.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6509\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:0.35pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:130.7pt\">Pasivos por arrendamientos</span></div><div class=\"ps6511_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Se desglosan a continuaci\u00f3n los pagos fijos por arrendamiento (no descontados) a los que la Compa\u00f1\u00eda prev\u00e9 tener que hacer </span></div><div class=\"ps6512_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">frente en los pr\u00f3ximos a\u00f1os:\u00a0 </span></div><div class=\"ps6527_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Menos de 1 a\u00f1o</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">193.862</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">188.448</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Entre 1 y 5 a\u00f1os</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">653.274</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">680.284</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">M\u00e1s de 5 a\u00f1os</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6520\">1.519.014</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6520\">1.581.932</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps12469 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6525_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">2.366.150</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6526_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">2.450.664</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6528_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Estos pasivos incluyen contratos de arrendamiento suscritos con entidades asociadas y negocios conjuntos por importe de 59,2</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6529_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:336.66pt\">millones de euros (ver Nota 20), que en 2024 ascendieron a 69,8 millones de euros.</span></div><div class=\"ps6530_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.41pt\">El periodo medio de los contratos de arrendamiento es de 8,85 a\u00f1os. En el caso de hoteles 10,71 a\u00f1os y 2,67 a\u00f1os para otros</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6533_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.95pt\">contratos de alquiler. Para el ejercicio </span><span class=\"f charStyle-f47c836a ps6531\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6532\" style=\"width:334.75pt\"> el periodo medio fue de 9,06 a\u00f1os, en el caso de los hoteles fue de 11,03 a\u00f1os y</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.56pt\">para los otros contratos de alquiler de 2,57 a\u00f1os.</span></div><div class=\"ps6535_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En el importe reflejado anteriormente se incluyen 12,7 millones de euros de pagos referentes a contratos de alquiler que no</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6539_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:67.99pt\">son de hotel. En </span><span class=\"f charStyle-f47c836a ps6536\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps15888\" style=\"width:186.77pt\"> el importe ascendi\u00f3 a 13,6 millones de euros.</span><span class=\"f charStyle-f47c836a ps6538\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.99pt\">La evoluci\u00f3n del pasivo por arrendamientos ha sido la siguiente:</span><span class=\"f charStyle-f47c836a ps6540\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6541\">SALDO INICIAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.463.933</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.449.453</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Gasto por intereses</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6543_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">39.946</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6544 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">38.454</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Pagos fijos alquiler</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6546 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6545_1\">(192.066)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6547 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6545_1\">(192.974)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12469 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros incrementos/disminuciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6525_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">110.472</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6526_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">169.000</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5066 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6548_1\">SALDO FINAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6549 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.422.285</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6550 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.463.933</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6551_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ep\u00edgrafe pagos fijos alquiler se incluyen los pagos comprometidos en los contratos de arrendamiento para realizar</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6552_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mejoras en el activo por parte del arrendatario, tal y como se indica en la Nota 3.11. En el ejercicio 2025, el Grupo no ha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.51pt\">realizado ning\u00fan desembolso por este concepto. En 2024, el desembolso fue de 5,1 millones de euros.</span></div><div class=\"ps6554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">La variaci\u00f3n en los pagos fijos tambi\u00e9n est\u00e1 impactada por la variaci\u00f3n de rentas referenciadas a IPC o \u00edndice similar, adem\u00e1s,</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6555_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">se han producido renegociaciones que han afectado al pago de rentas, as\u00ed como el alta de 9 nuevos contratos de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6556_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:463.97pt\">arrendamiento, efecto que se ha visto reducido, a su vez, por la baja anticipada de 2 contratos de arrendamiento.</span></div><div class=\"ps6557_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los incrementos y disminuciones incluyen modificaciones contractuales que han incrementado el valor del pasivo en 63,5</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">millones de euros. Adem\u00e1s, se ha producido el alta de nueve nuevos contratos de alquiler por 45,1 millones de euros y la baja</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">anticipada de 2 contratos de arrendamiento, lo que ha supuesto una reducci\u00f3n del valor del pasivo en 6 millones de euros. La</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">variaci\u00f3n de las rentas derivada de hechos contingentes ha incrementado el valor del pasivo en 28 millones de euros, mientras</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6561_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.26pt\">que la depreciaci\u00f3n de la libra esterlina y la depreciaci\u00f3n del d\u00f3lar ha reducido su valor en 20,1 millones de euros.</span></div><div class=\"ps6562_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pagos no incluidos en pasivos por arrendamientos </span></div><div class=\"ps6564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.39pt\">Las exenciones de bajo valor y corto plazo a las que se ha acogido la Compa\u00f1\u00eda se refieren a activos no hoteleros. Se indican a</span><span class=\"f charStyle-f47c836a ps6563\" style=\"width:2.71pt\"> </span></div><div class=\"ps6565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">continuaci\u00f3n los importes referidos a este tipo de contratos, as\u00ed como el gasto relativo a pagos de arrendamiento variable no</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:236.94pt\">incluidos en la medici\u00f3n de los pasivos por arrendamiento:</span></div><div class=\"ps6569_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Alquiler variable</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">53.392</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">39.149</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Alquiler corto plazo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.431</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.395</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Aqluiler bajo valor</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">3.726</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">3.821</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps12469 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6525_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6568\">61.549</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6526_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6568\">47.364</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Dentro del Alquiler variable se incluye la parte del pago de renta que depende de \u00edndices o tasas basados en el rendimiento</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">generado por los hoteles. Tambi\u00e9n se incluye el excedente sobre el importe m\u00e1ximo de d\u00e9ficit que el arrendatario se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">compromete a asumir en el contrato de arrendamiento, siendo dicho d\u00e9ficit la diferencia entre renta variable y renta m\u00ednima</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.49pt\">garantizada.</span><span class=\"f charStyle-f47c836a ps6573\" style=\"width:2.71pt\"> </span></div><div class=\"ps6575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los pagos variables por arrendamiento de hotel constituyen el 22% de la totalidad de los pagos de arrendamiento de hotel del</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Grupo. Los pagos variables dependen de las ventas y, en consecuencia, de la evoluci\u00f3n econ\u00f3mica general de los pr\u00f3ximos</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:21.39pt\">a\u00f1os.</span></div><div class=\"ps6578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El Grupo tiene firmado un contrato de arrendamiento de un hotel situado en Per\u00fa por un plazo de 20 a\u00f1os, de renta variable,</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:203.11pt\">cuya fecha de apertura es el 01 de enero de 2026.</span></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 18.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps6581\"><span style=\"display:inline-block;height:11.34pt;width:8.79pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Acreedores Comerciales y Otras Cuentas a Pagar</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5718\">2025</span><span class=\"f charStyle-f47c836a ps5719\"> y </span><span class=\"f charStyle-f47c836a ps5720\">2024</span><span class=\"f charStyle-f47c836a ps5721\">:</span></div><div class=\"ps6591_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6582\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6582\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Acreedores comerciales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6584 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">361.276</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14496 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">334.727</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Otras cuentas a pagar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6586 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">162.152</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6587 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">138.655</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6590_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">523.428</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4612_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">473.383</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6593_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">18.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6592\"><span style=\"display:inline-block;height:6.8pt;width:0.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Acreedores comerciales</span></div><div class=\"ps6594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El saldo de acreedores comerciales incluye las deudas con proveedores de mercanc\u00edas, suministros y otros servicios pendientes</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de pago y/o de recepci\u00f3n de las correspondientes facturas a cierre de ejercicio por un importe de 259,5 millones de euros. A</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.49pt\">cierre del ejercicio anterior, este importe ascend\u00eda a 243,5 millones de euros.</span></div><div class=\"ps6597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Asimismo, se incluyen en este ep\u00edgrafe, principalmente, anticipos de clientes del negocio hotelero, que, a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:249.8pt\"> ascienden a 101,7 millones de euros. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6598\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6599\" style=\"width:228.11pt\"> los anticipos a clientes ascendieron a 91,2 millones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6602_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.06pt\">euros.</span><span class=\"f charStyle-f47c836a ps6601\" style=\"width:2.71pt\"> </span></div><div class=\"ps6604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.01pt\">18.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6603\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:100.03pt\">Otras cuentas a pagar</span></div><div class=\"ps6606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:417.72pt\">A\u00a0 continuaci\u00f3n, se detallan los principales conceptos recogidos en la r\u00fabrica de Otras cuentas a pagar:</span><span class=\"f charStyle-f47c836a ps6605\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6621 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6607\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6607\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por periodificaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">1.017</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps2107_1 ss723_1\"><span class=\"f charStyle-9b89ba1f ps6608_1\">40.841</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps2107_1 ss723_1\"><span class=\"f charStyle-6f9b64c7 ps7313\">1.318</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Remuneraciones pendientes de pago</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">73.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">77.023</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica acreedora</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6610_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">25.481</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6611_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">41.304</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Seguridad Social acreedora</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6612_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">12.039</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6613_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">10.849</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Entidades asociadas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6614_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">5.299</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6615 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.626</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros pasivos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6616_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.775</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6617 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.519</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps1280 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6619 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6618_1\">162.152</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6620 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6618_1\">138.655</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6622 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Estos saldos hacen referencia a operaciones comerciales llevadas a cabo por el Grupo. La deuda con entidades asociadas y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6623 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.34pt\">negocios conjuntos se detalla en el apartado de operaciones comerciales de la Nota 20.</span></div><span class=\"f charStyle-25f88cd7 ps6624_1\">Nota 19.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps15149\"><span style=\"display:inline-block;height:11.34pt;width:5.42pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Situaci\u00f3n Fiscal</span><div class=\"ps6627_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las sociedades integradas en el Grupo est\u00e1n sujetas a la legislaci\u00f3n fiscal de los distintos pa\u00edses en los que desarrollan su</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6628_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">actividad. La normativa fiscal vigente en algunos de estos pa\u00edses no es homog\u00e9nea con la espa\u00f1ola. Como consecuencia de lo</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">anterior, la informaci\u00f3n facilitada en la presente nota debe interpretarse atendiendo a las singularidades que presentan las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">legislaciones fiscales en la tributaci\u00f3n por el beneficio de las personas jur\u00eddicas, en lo relativo a la base tributaria, a los tipos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:171.92pt\">impositivos y a las deducciones aplicables.</span></div><div class=\"ps2213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-bc759fd4 ps12591\" style=\"width:47.23pt\">\u201cPilar Dos\u201d</span></div><div class=\"ps6632_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los presentes estados financieros incorporan el impacto derivado de la aplicaci\u00f3n de la Ley 7/2024, de 20 de diciembre, que</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6633_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">transpone la Directiva (UE) 2022/2523 e introduce, entre otras medidas, el Impuesto Complementario publicado el 21 de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.82pt\">diciembre de 2024.</span><span class=\"f charStyle-f47c836a ps6634_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">La sociedad matriz del Grupo Meli\u00e1 debe liquidar en Espa\u00f1a un Impuesto Complementario sobre los beneficios obtenidos por</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">sus filiales en jurisdicciones donde la tributaci\u00f3n efectiva sea inferior al 15%, calculado de forma agregada por pa\u00edses. Desde</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">2024 hasta 2026 se prev\u00e9 la posibilidad de aplicar los denominados puertos seguros transitorios en los que el Impuesto</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:487.31pt\">Complementario no resulta exigible si se superan determinados test (de minimis, tipo efectivo simplificado o sustancia).</span><span class=\"f charStyle-f47c836a ps11981\" style=\"width:2.71pt\"> </span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Tras el an\u00e1lisis de la posici\u00f3n fiscal del Grupo, se ha concluido que se derivar\u00e1 tributaci\u00f3n adicional por Impuesto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Complementario en los ejercicios 2024 y 2025. De acuerdo con dicho an\u00e1lisis, ninguna de las jurisdicciones en las que opera el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Grupo, excepto en Brasil y la sociedad Sol Caribe Tours, SA que efect\u00faa su negocio en Cuba, genera cuota adicional por este</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">concepto. En relaci\u00f3n con la citada jurisdicci\u00f3n, la tributaci\u00f3n adicional estimada por Impuesto Complementario asciende a</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:350.18pt\">1,3 millones de euros, de los cuales 1,2 millones euros corresponden al ejercicio 2025.</span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, algunas jurisdicciones en las que opera el Grupo han implementado normas alineadas con el Pilar Dos de la OCDE,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">estableciendo un impuesto m\u00ednimo dom\u00e9stico que corrige el d\u00e9ficit de tributaci\u00f3n hasta alcanzar el umbral del 15%, en sede</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:100.98pt\">de la propia jurisdicci\u00f3n.</span></div><div class=\"ps2538_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Por \u00faltimo, el Grupo se ha acogido a la excepci\u00f3n de reconocimiento de activos y pasivos por impuestos diferidos derivada de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2539_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">la aplicaci\u00f3n del Pilar Dos, conforme a la disposici\u00f3n final d\u00e9cima de la Ley 7/2024 que modifica el Real Decreto 1514/2007,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6644_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:307.83pt\">de 16 de noviembre, por el que se aprueba el Plan General de Contabilidad.</span></div><div class=\"ps6645_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:20.53pt\">19.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.31pt\">A\u00f1os abiertos a inspecci\u00f3n</span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Seg\u00fan las disposiciones legales vigentes las liquidaciones de impuestos no pueden considerarse definitivas hasta que no hayan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sido inspeccionadas por las autoridades fiscales o haya transcurrido el plazo de prescripci\u00f3n legal, que puede prorrogarse</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.46pt\">mediante diligencia administrativa.</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A\u00a0 este respecto, los ejercicios abiertos a inspecci\u00f3n en los diferentes pa\u00edses donde el Grupo tiene una presencia relevante son </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">los siguientes: </span></div><div class=\"ps6687 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss728_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3061 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6279\">Impto. sobre </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6647_1\">las ganancias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6649_1 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps6648\">I.R.P.F.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6650 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps9488\">I.V.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps6304\">I.G.I.C.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps469 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps14378\">I.R.A.P.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2229 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps6652\">PIS/COFINS</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps427 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6654 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2021-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6655 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2022-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6656_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2022-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6657_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2022-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8139 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6658_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2022-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6659_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2023-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6660_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2023-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3818 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Inglaterra</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6661_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6662_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6663_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1110 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6664_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6665_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6666_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6667_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3529 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6668_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2015-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6669_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2016-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6670 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2016-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3103 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6671_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6672_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2522 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">China</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6673_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6674_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6675_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps65_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6676_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2022-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps292 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6677_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6678_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8419 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Rep.Dominicana</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6679_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2022-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6680_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3579 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6681_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6682_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6683_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4060 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6684_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6685_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6686_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6689 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-bb6337bd ps12591\">Sentencia Tribunal Constitucional sobre el Real Decreto Ley 3/2016</span></div><div class=\"ps6690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El 18 de enero de 2024, el Pleno del Tribunal Constitucional declar\u00f3 la inconstitucionalidad de determinadas medidas</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6691 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">introducidas por el Real Decreto-ley 3/2016, de 2 de diciembre, en el Impuesto sobre Sociedades. Entre otros, dicho RD-ley</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">establec\u00eda mayores restricciones en la compensaci\u00f3n de bases imponibles negativas (BINS) de ejercicios previos; la obligaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6693 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de integrar una reversi\u00f3n m\u00ednima anual en los ejercicios 2016-2020 de los deterioros de valor de las participaciones con</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6694 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">independencia de la evoluci\u00f3n de los fondos propios y resultados de la entidad participada; el establecimiento de mayores</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6695_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">limitaciones en la aplicaci\u00f3n de las deducciones para evitar la doble imposici\u00f3n; y, una restricci\u00f3n a la deducibilidad de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6696 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.29pt\">determinadas rentas negativas derivadas de la transmisi\u00f3n de participaciones.</span></div><div class=\"ps6697 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En el ejercicio 2025, el Grupo ha recibido la Resoluci\u00f3n del Tribunal Econ\u00f3mico-Administrativo Central (TEAC) de fecha 22 de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6698_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">abril de 2025, posteriormente ejecutada por la Agencia Estatal de Administraci\u00f3n Tributaria (AEAT), en la que se aplican los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6699_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">efectos derivados de la citada Sentencia. Dicha ejecuci\u00f3n ha supuesto la rectificaci\u00f3n de las autoliquidaciones consolidadas</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6700 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:510.05pt\">del Impuesto sobre Sociedades del Grupo de Consolidaci\u00f3n Fiscal (modelos 220) correspondientes a los ejercicios 2017 a 2019.</span></div><div class=\"ps6701_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Como consecuencia de lo anterior, se ha producido la liberaci\u00f3n de cr\u00e9ditos fiscales y una mayor utilizaci\u00f3n de bases</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6702_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">imponibles negativas con impacto en su reconocimiento y aplicaci\u00f3n en periodos futuros. Asimismo, se ha generado</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6703_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:289.49pt\">adicionalmente la devoluci\u00f3n de cuotas del Impuesto sobre Sociedades.</span></div><div class=\"ps6704_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En t\u00e9rminos cuantitativos, para el Grupo ha supuesto la devoluci\u00f3n de cuotas ingresadas en exceso por importe de 6,5 millones</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6705_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">de euros, la utilizaci\u00f3n de bases imponibles negativas por importe de 19 millones de euros y el reintegro de cr\u00e9ditos por</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6706_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:136.56pt\">importe de 4,3 millones de euros.</span></div></div><div><div class=\"ps6713_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">19.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:190.96pt\">Activos y pasivos por impuestos diferidos</span></div><div class=\"ps6718_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">La composici\u00f3n del saldo de activos y pasivos por impuestos diferidos del Grupo en los ejercicios </span><span class=\"f charStyle-f47c836a ps6714_1\">2025</span><span class=\"f charStyle-f47c836a ps6715\"> y </span><span class=\"f charStyle-f47c836a ps6716\">2024</span><span class=\"f charStyle-f47c836a ps6717\"> es la siguiente: </span></div><div class=\"ps6773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:348.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss730_1\"><div><div class=\"ps2226 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss731_1\"><div><div class=\"ps482 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps6719\">Balance</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6720_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps6647\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6721_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps6647\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3516 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-bc759fd4 ps267\">El activo no corriente por impuesto diferido es el siguiente:</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps667_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Cr\u00e9ditos fiscales activados por deducciones pendientes de aplicar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6722_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.311</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6724 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">385</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps12469 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Cr\u00e9ditos fiscales activados por bases imponibles pendientes de compensar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6725 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">85.485</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6726_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">80.808</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6862 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-bc759fd4 ps276\">Diferencias temporarias por:</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3699 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Valor fiscal fondo de comercio Tryp</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6727_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.962</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6728_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.353</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps436 ss733_1\"><div><div class=\"ps2435_1 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Aplicaci\u00f3n de la contabilidad de coberturas sobre SWAPs de tipos de inter\u00e9s </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6729 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps6723\">573</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6730 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps6723\">859</span></div></div></div></td></tr><tr style=\"height:30pt\"><td style=\"padding:0\"><div class=\"ps4052 ss734_1\"><div><div class=\"ps5885_1 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Provisiones que son fiscalmente deducibles en el momento del pago o en el que </span></div><div class=\"ps5887_1 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">se genere la responsabilidad</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6732 ss574\"><div><div class=\"ps2481_1 ss53\"><span class=\"f charStyle-f47c836a ps3073\">51.957</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6733 ss574\"><div><div class=\"ps2481_1 ss53\"><span class=\"f charStyle-f47c836a ps3073\">63.431</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1537 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Diferencia criterio de amortizaci\u00f3n contable y fiscal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6734_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">8.467</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6735_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.889</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4848 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Eliminaci\u00f3n resultados intergrupo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6736_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">551</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6737_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.753</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10873 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Gastos financieros no deducidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6738_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.849</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6739_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">11.530</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4783 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Ingresos contables (no fiscales) a distribuir en varios ejercicios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6740_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">33.943</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6741_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">57.992</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10886 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Arrendamientos - NIIF16</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6742_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">44.260</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6743_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">48.595</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6238 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Otros </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6744_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">17.522</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6745_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">17.979</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7707 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps6746\">TOTAL ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6748_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">259.880</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6749_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">296.574</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7712 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-bc759fd4 ps267\">El pasivo no corriente por impuestos diferidos es el siguiente:</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps144_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Valores razonables en combinaciones de negocios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6750_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">19.865</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6751_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">21.424</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6339 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Operaciones de Arrendamiento Financiero (Leasings)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6752_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">9.518</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6753_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.105</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8735 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Revalorizaci\u00f3n y actualizaci\u00f3n de activos fijos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6754_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">74.243</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6755_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">60.244</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps168_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Ajuste a valor razonable de inversiones inmobiliarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6756_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">29.869</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6757_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">29.869</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps172 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Diferencias valor contable y fiscal de activos </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6758_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.486</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6759_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">14.059</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps182 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Aplicaci\u00f3n de la contabilidad de coberturas sobre SWAPs de tipos de inter\u00e9s </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6760_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">173</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps189_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Ventas acogidas a diferimiento por reinversi\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6761_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.341</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6762_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.173</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15734 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Gastos contables (no fiscales) a distribuir en varios ejercicios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6763_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">4.924</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6764 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.154</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps206_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Arrendamientos - NIIF16</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6765_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">30.120</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6766 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">29.578</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1660 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6767_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">34.435</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6768_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">38.140</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2876 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps6769\">TOTAL PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6771_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">211.974</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6772_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">212.746</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6774_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los impuestos diferidos netos relativos a la NIIF16 se corresponden con 309.287 miles de euros de activo por impuesto diferido </span></div><div class=\"ps6775_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">y 295.147 miles de euros de pasivo por impuesto diferido.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los impuestos diferidos registrados en los ejercicios </span><span class=\"f charStyle-f47c836a ps6776\">2025</span><span class=\"f charStyle-f47c836a ps6777\"> y </span><span class=\"f charStyle-f47c836a ps6778_1\">2024</span><span class=\"f charStyle-f47c836a ps6779_1\"> del Grupo presentan el siguiente detalle: </span></div><div class=\"ps6804_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss736_1\"><div><div class=\"ps5338_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11518\">Activos por </span></div><div class=\"ps5339_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11089\">impuestos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4593_1 ss736_1\"><div><div class=\"ps5338_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps1037\">Pasivos por </span></div><div class=\"ps5339_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11089\">impuestos diferidos</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8399 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6783_1\">SALDO A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2055_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">289.886</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6784 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">167.930</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps600 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos / Ingresos del periodo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6786 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(3.898)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6788_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">10.805</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11232 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de conversi\u00f3n y otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6789_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">10.586</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6791_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">5.911</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6783_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6792 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">296.574</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6793_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">212.746</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2632 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos / Ingresos del periodo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2091_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(18.860)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps15294 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.060</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3598_1 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Variaciones de per\u00edmetro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6797_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6796\">6</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6798_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">7.395</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14180 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de conversi\u00f3n y otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6799_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(17.840)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6800_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(11.227)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14185 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6783_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6802 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">259.880</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6803 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">211.974</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6251_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Para el c\u00e1lculo de los activos y pasivos por impuestos diferidos se tienen en cuenta las modificaciones futuras de la tasa</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:211.68pt\">impositiva aprobadas en todas las \u00e1reas geogr\u00e1ficas.</span><span class=\"f charStyle-f47c836a ps6805\" style=\"width:2.71pt\"> </span></div><div class=\"ps6807_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6806\"><span style=\"display:inline-block;height:6.8pt;width:14.25pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Gastos financieros de ejercicios anteriores</span></div><div class=\"ps6808_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El Grupo tiene gasto financiero de ejercicios anteriores pendiente de aplicar, todo el importe le corresponde a las entidades</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6809_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">sujetas a tributaci\u00f3n en Espa\u00f1a, a inicio del ejercicio el importe ascend\u00eda a 61,4 millones de euros, de los cuales 46,1 millones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6810_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de euros ten\u00edan reconocido su correspondiente impuesto diferido de activo y los restantes 15,3 millones de euros no lo ten\u00edan</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6811_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:47.53pt\">reconocido.</span></div><div class=\"ps6812_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Al cierre del ejercicio, las entidades sujetas a tributaci\u00f3n en Espa\u00f1a han utilizado 7,1 millones de euros, de los cuales 1,1</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6813_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:480.44pt\">millones de euros no ten\u00edan reconocido un impuesto diferido de activo, y los restantes 6 millones de euros si lo ten\u00edan.</span></div><div class=\"ps6815_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps12958\"><span style=\"display:inline-block;height:6.8pt;width:14.03pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Cr\u00e9ditos fiscales por Bases Imponibles</span></div><div class=\"ps6816_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">A continuaci\u00f3n, se relacionan las bases imponibles negativas disponibles, fiscalmente compensables, de las sociedades</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5328_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.33pt\">integrantes del Grupo, detalladas por \u00e1reas geogr\u00e1ficas y vencimientos:</span><span class=\"f charStyle-f47c836a ps6817\" style=\"width:2.71pt\"> </span></div><div class=\"ps6835 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss738_1\"><div><div class=\"ps476 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2027-2031</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2032-2038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6820\">No prescriben</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8399 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6821_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">362.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6822_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">362.500</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8139 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Resto Europa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6823 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">266.117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6824 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">266.117</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps430 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Am\u00e9rica y resto del mundo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6825_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">361</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6826_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">7.678</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6827_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">19.061</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6828_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">37.372</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6829_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">64.472</span></div></div></div></td></tr><tr style=\"height:6.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1386 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6830_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">361</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6831_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14672\">7.678</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6832_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5825\">19.061</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6833_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">665.989</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6834_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">693.089</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6838 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:5.51pt\">D</span><span class=\"f charStyle-f47c836a ps6837_1\" style=\"width:510.05pt\">entro del \u00e1rea resto Europa destacan Reino Unido con 180,6 millones,\u00a0 Francia con 35,3 millones, Alemania con 25,2</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6839 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">millones, Italia con 14,7 millones, Austria con 9 millones y Pa\u00edses Bajos\u00a0 con 1,2\u00a0 millones, y dentro del \u00e1rea Am\u00e9rica y resto</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6840 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">del mundo, lo m\u00e1s destacado es Brasil con 37,4 millones, M\u00e9xico con 19,1 millones, Vietnam con 3,8 millones, Per\u00fa con 3,2</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6841_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:353.86pt\">millones, Indonesia con 0,6 millones y Rep\u00fablica Dominicana con 0,4 millones de euros.</span></div><div class=\"ps6842_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">A continuaci\u00f3n, se detallan las principales p\u00e9rdidas fiscales activadas del Grupo, as\u00ed como el activo por impuesto diferido</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6843_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:40.56pt\">generado:</span><span class=\"f charStyle-f47c836a ps5973_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6864_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss740_1\"><div><div class=\"ps5335_1 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss742_1\"><div><div class=\"ps482 ss741_1\"><span class=\"f charStyle-4ed8e3ec ps6844\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6584 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6845\">P\u00e9rdidas fiscales </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6846\">activadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14496 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps2233_1\">Activo por impuesto </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps10939\">diferido</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2495 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6849_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">271.907</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6850_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">67.977</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps3818 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2062_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">20.864</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6851_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">5.216</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps1497 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6852 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">19.133</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps15262 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.016</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2509 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6854_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">17.317</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14660 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.634</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps14598 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6856_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">14.719</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6857_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.533</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2632 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2091_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.682</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps15294 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">920</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2522 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pa\u00edses Bajos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6859_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14677 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">189</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss745_1\"><div><div class=\"ps958 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6861_1 ss746_1\"><div><div class=\"ps958 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">348.409</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6863_1 ss746_1\"><div><div class=\"ps958 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">85.485</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">A efectos comparativos, se presentan a continuaci\u00f3n las bases imponibles negativas fiscalmente compensables por \u00e1reas</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:201.92pt\">geogr\u00e1ficas y vencimientos, a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6866\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6867\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6868\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps3110 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:11.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss747_1\"><div><div class=\"ps6869_1 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2026-2030</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2031-2037</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6820\">No prescriben</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss748_1\"><div><div class=\"ps6870_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps6871_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3714 ss749_1\"><div><div class=\"ps1072_1 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6872_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">455.761</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6873_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">455.761</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6874_1 ss749_1\"><div><div class=\"ps1072_1 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Resto Europa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6875_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">233.249</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6876_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">233.249</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11292 ss749_1\"><div><div class=\"ps1072_1 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Am\u00e9rica y resto del mundo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6877_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">90</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6878_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">4.266</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6879_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">4.800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6880_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">27.939</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6881_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">37.095</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11455 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6883_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1946\">90</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6884_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14672\">4.266</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6885_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14672\">4.800</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6886_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">716.949</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6887 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">726.105</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6888_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Las principales p\u00e9rdidas fiscales activadas del Grupo, as\u00ed como el activo por impuesto diferido referentes al ejercicio anterior, </span></div><div class=\"ps6889 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">se detallan a continuaci\u00f3n:\u00a0  </span></div><div class=\"ps6908_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss740_1\"><div><div class=\"ps5335_1 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss742_1\"><div><div class=\"ps482 ss741_1\"><span class=\"f charStyle-4ed8e3ec ps6844\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6584 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6845\">P\u00e9rdidas fiscales </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6846\">activadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14496 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps2233_1\">Activo por impuesto </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps10939\">diferido</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2495 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6849_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">258.885</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6850_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">64.721</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps7153 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6890_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">31.846</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14650 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.975</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14507 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6892_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">20.864</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14513 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">5.216</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps5066 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6894_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">17.924</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6895 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.302</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps15797 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6896 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6897 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">824</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps4622 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Luxemburgo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6899 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">2.000</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6900 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">499</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps15895 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pa\u00edses Bajos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6901_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6902_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">189</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1527 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Indonesia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6903_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">370</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6905_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6904\">81</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8770 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6906_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">335.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6907_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">80.807</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5995_1\"><span style=\"display:inline-block;height:6.8pt;width:14.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Cr\u00e9ditos fiscales por Deducciones en Cuota</span></div><div class=\"ps6911_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.13pt\">A continuaci\u00f3n, se relacionan los cr\u00e9ditos fiscales compensables del Grupo, detallados por \u00e1reas geogr\u00e1ficas y vencimientos:</span><span class=\"f charStyle-f47c836a ps6910\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6919 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss738_1\"><div><div class=\"ps476 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2027-2031</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2032-2038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss131_1\"><div><div class=\"ps5338_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14659\">A\u00f1os</span></div><div class=\"ps5339_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6913\"> sucesivos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6914_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">3.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6916_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps996\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6917_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">10</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6918_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">3.311</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11292 ss751_1\"><div><div class=\"ps2435_1 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6878_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">3299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6879_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps9354\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6880_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2790\">10</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6881_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">3311</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6920_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 100% de los cr\u00e9ditos fiscales por deducciones en cuota tienen reconocido su correspondiente activo por impuesto diferido.</span></div><div class=\"ps6921 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">A efectos comparativos, se presenta el cuadro de cr\u00e9ditos fiscales compensables, detallado por \u00e1reas geogr\u00e1ficas y</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.13pt\">vencimientos a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6922\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6923\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6924\" style=\"width:2.71pt\"> </span></div><div class=\"ps6936_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:27.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss752_1\"><div><div class=\"ps6926_1 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss753_1\"><div><div class=\"ps6926_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss753_1\"><div><div class=\"ps6926_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2026-2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss753_1\"><div><div class=\"ps6926_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2031-2037</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss753_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14659\">A\u00f1os</span></div><div class=\"ps6927_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6913\"> sucesivos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss753_1\"><div><div class=\"ps6928_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps6929_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6930_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">38</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6914_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6916_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps996\">1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6917_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">99</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6918_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">385</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12593 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6931_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1946\">38</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6932_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">247</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6933_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11022\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6934_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1946\">99</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6935_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">385</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6941_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.76pt\">En cuanto a la informaci\u00f3n estipulada en el art\u00edculo 86 de la </span><span class=\"f charStyle-5af4d000 ps6937\" style=\"width:52.07pt\"><span style=\"background-color:inherit\">Ley 27/2014</span></span><span class=\"f charStyle-f47c836a ps6938\" style=\"width:23.65pt\">, de </span><span class=\"f charStyle-5af4d000 ps6939\" style=\"width:72.23pt\"><span style=\"background-color:inherit\">27 de noviembre</span></span><span class=\"f charStyle-f47c836a ps6940\" style=\"width:90.87pt\">, del Impuesto Sobre</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6942_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Sociedades, relativa a las operaciones de fusi\u00f3n y de escisi\u00f3n de ramas de actividad realizadas en ejercicios anteriores, \u00e9sta se</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6943_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.3pt\">incluye en la primera memoria aprobada tras cada una de dichas operaciones, y cuyo resumen es el siguiente:</span></div><div class=\"ps6945_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps6944\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1133_1\">Inmotel Inversiones, S.A.: 1993, 1996, 1997 y 1998</span></div><div class=\"ps6946_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps6944\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1133_1\">Meli\u00e1 Hotels International, S.A.: 1999, 2001, 2005, 2009, 2012 y 2021.</span></div><div class=\"ps6947_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps6944\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1133_1\">Prodigios Interactivos, S.A.: 2019</span></div></div><div><div class=\"ps6956_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6955\"><span style=\"display:inline-block;height:6.8pt;width:14.04pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Conciliaci\u00f3n entre el resultado contable consolidado, la base imponible fiscal agregada y el gasto por el </span></div><div class=\"ps6957 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps1205\">impuesto sobre las ganancias </span></div><div class=\"ps3762_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:110.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:110.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1410 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps15085\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6973 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps15085\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-bc759fd4 ps267\">Resultado Neto Consolidado </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1414 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-bc759fd4 ps6960\">200.246</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6961 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-bc759fd4 ps6960\">162.041</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Gasto por impuesto sobre beneficios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1418 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6962\">65.799</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6963_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6962\">62.383</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por deterioros y Provisiones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1423_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps7663\">(200.350)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6965_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps7663\">(107.509)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Operaciones de arrendamientos financieros (Leasings)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1426 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps13672\">2.349</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6967_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps13672\">1.260</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Gastos/Ingresos no deducibles</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1430_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(18.054)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6969_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps13672\">9.425</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1435 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(11.288)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6971_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6970_1\">(8.635)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por inflaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1439 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6962\">18.413</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6972 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6970_1\">(9.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11368 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Otros ajustes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1445_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps10903\">151.030</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6974 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps10903\">135.869</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11379 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps6975_1\">BASE IMPONIBLE PREVIA</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6976_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6960\">208.145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6977 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6960\">245.633</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6202 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Compensaci\u00f3n de Bases Negativas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6978 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(12.588)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6979_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(44.453)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6083 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Bases negativas no reconocidas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6980 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(55.535)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6981_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(33.229)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7694 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps7675\">BASE IMPONIBLE (RESULTADO FISCAL AGREGADO)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6984_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6960\">140.022</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6986 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6985_1\">(167.951)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7699 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps6987_1\">GASTOS POR IMPUESTO SEG\u00daN TIPO ESTATUTARIO VIGENTE (25%)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6989 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">35.006</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6990 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">41.988</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7704 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps6991_1\">Efecto del tipo estatutario de otros pa\u00edses</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6994_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11285\">3.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6996_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6995\">(958)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1772 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps2906\">GASTO POR IMPUESTO SOBRE LAS GANANCIAS DEL EJERCICIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6999_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">38.064</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7000_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">41.030</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.11pt\">19.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7001\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:0.15pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:227.86pt\">Gasto (ingreso) por impuesto sobre las ganancias</span></div><div class=\"ps7003_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">El siguiente cuadro refleja el importe registrado como gasto (ingreso) del ejercicio y el comparativo con el ejercicio anterior,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7004 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:451.54pt\">detallando los saldos por conceptos y separando los correspondientes a impuesto corriente e impuesto diferido:</span></div><div class=\"ps7023_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss756_1\"><div><div class=\"ps7005 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6584 ss757_1\"><div><div class=\"ps1102_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11136\">Gasto / (Ingreso)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14496 ss757_1\"><div><div class=\"ps1102_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11136\">Gasto / (Ingreso)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1096 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Impuesto corriente</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps825 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Impuesto sobre las ganancias del ejercicio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7008 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">38.070</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7009 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">41.030</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7158 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Otros impuestos del ejercicio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7010 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">8.845</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7011_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.374</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1507 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes al impuesto sobre las ganancias de ejercicios anteriores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7012_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(3.036)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7013_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">2.276</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4622 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Impuestos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15773 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Variaci\u00f3n neta en cr\u00e9ditos por bases imponibles negativas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7014 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(2.427)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7015 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(16.814)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15508 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Variaci\u00f3n neta en cr\u00e9ditos fiscales por deducciones en cuota</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7017 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(6.904)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7018 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">606</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9297 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7019 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">31.251</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7020 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">30.911</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5292 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps3187_1\">GASTO POR IMPUESTO SOBRE LAS GANANCIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7021 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">65.799</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7022 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">62.383</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2993_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El ep\u00edgrafe de Otros impuestos del ejercicio corresponde a impuestos an\u00e1logos al impuesto sobre las ganancias, as\u00ed como</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2995_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:333.23pt\">impuestos en pa\u00edses en desarrollo calculados en base a los ingresos o a los activos.</span></div><div class=\"ps7024_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La totalidad de los ajustes al impuesto sobre las ganancias de ejercicios anteriores del ejercicio 2025 y 2024 mencionados, se</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7025 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.19pt\">corresponde con modificaciones surgidas entre el impuesto definitivo y la previsi\u00f3n del impuesto efectuada el a\u00f1o anterior.</span></div><div class=\"ps7027_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.21pt\">19.8.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7026\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.79pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:315.44pt\">Estado de principales inspecciones y litigios de naturaleza tributaria</span></div><div class=\"ps7030_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:165.73pt\">El principal procedimiento de naturaleza</span><span class=\"f charStyle-2dc94b68 ps7028\" style=\"width:7.64pt\">\u00a0 </span><span class=\"f charStyle-f47c836a ps7029\" style=\"width:342.12pt\">tributaria susceptible de generar un impacto negativo en el Grupo corresponde a un</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7031_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">litigio en M\u00e9xico relacionado con actas emitidas por la autoridad fiscal respecto al Impuesto sobre la Renta del ejercicio 2012,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7032_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">que afectan a Corporaci\u00f3n Hotelera Hispano Mexicana S.A. de C.V. Dicho procedimiento se centra en la suficiencia de la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7033_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">prueba documental presentada para acreditar y aplicar determinadas p\u00e9rdidas fiscales. El importe en disputa asciende a 850</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7034 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:495.38pt\">millones de pesos mexicanos (40 millones de euros), de los cuales el Grupo estima como probables 22,7 millones de euros.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El Grupo mantiene una provisi\u00f3n por riesgos y litigios fiscales que cubre de manera suficiente la posible contingencia derivada</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de este procedimiento. Asimismo, el Grupo considera que las posibles obligaciones derivadas de inspecciones y litigios en curso</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:131.87pt\">est\u00e1n adecuadamente cubiertas.</span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">No obstante, como consecuencia, entre otras, de las diferentes posibles interpretaciones de la legislaci\u00f3n vigente, podr\u00edan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">surgir pasivos adicionales como resultado de una inspecci\u00f3n. En este sentido, el Grupo, eval\u00faa los tratamientos fiscales</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">inciertos y reconoce el efecto de la incertidumbre sobre la ganancia (p\u00e9rdida) fiscal, las bases fiscales, las p\u00e9rdidas o cr\u00e9ditos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">fiscales no utilizados y los tipos impositivos aplicables. Como resultado, el Grupo mantiene registrado un importe de 24,2</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.49pt\">millones de euros en Otros pasivos por impuesto diferido (20,5 millones de euros en 2024).</span></div><div class=\"ps7039_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 20.</span><span class=\"f charStyle-89b3ebe7\"><span class=\"ps7038_1\"><span style=\"display:inline-block;height:11.34pt;width:6.37pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Informaci\u00f3n sobre Partes Vinculadas</span></div><div class=\"ps7040_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:131.35pt\">Se consideran partes vinculadas:</span></div><div class=\"ps7041 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">Las entidades asociadas y negocios conjuntos que se consolidan por el m\u00e9todo de puesta en equivalencia, detalladas en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:209pt\">el Anexo 2 de la memoria de estas cuentas anuales.</span><span class=\"f charStyle-f47c836a ps7042\" style=\"width:2.71pt\"> </span></div><div class=\"ps7044_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:224.06pt\">Los accionistas significativos de la sociedad dominante.</span></div><div class=\"ps7045_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">Miembros del Consejo de Administraci\u00f3n y Alta Direcci\u00f3n, (miembros del Comit\u00e9 Ejecutivo del Grupo, tambi\u00e9n</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7046_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">denominado Senior Executive Team (SET); tambi\u00e9n se entender\u00e1n incluidos en el concepto de Alta Direcci\u00f3n aquellos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7047_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">directivos que tengan dependencia jer\u00e1rquica del Presidente y Consejero Delegado, as\u00ed como el responsable de</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7048_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:75.23pt\">Auditor\u00eda Interna).</span></div><div class=\"ps7049_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.88pt\">Todas las transacciones realizadas con partes vinculadas se realizan en condiciones de mercado e independencia mutua.</span></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">20.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7050\"><span style=\"display:inline-block;height:6.8pt;width:13.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Transacciones con entidades asociadas y negocios conjuntos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Operaciones comerciales </span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las operaciones comerciales realizadas con entidades asociadas y negocios conjuntos se refieren principalmente a actividades</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.52pt\">de gesti\u00f3n hotelera y otros servicios relacionados. En el cuadro adjunto se muestran, para los ejercicios </span><span class=\"f charStyle-f47c836a ps7051\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7052\" style=\"width:13.19pt\"> y </span><span class=\"f charStyle-f47c836a ps7053\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps444\" style=\"width:15.23pt\">, el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">importe reconocido en el resultado de explotaci\u00f3n de la Cuenta de p\u00e9rdidas y ganancias consolidada como consecuencia de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.38pt\">operaciones realizadas con estas entidades, as\u00ed como los saldos comerciales pendientes con las mismas a cierre de ejercicio:</span><span class=\"f charStyle-f47c836a ps7055\" style=\"width:10.84pt\">\u00a0 \u00a0 </span></div><div class=\"ps7157_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(7)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.097</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">4</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">156</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.374</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Producciones de Parques, S.L. </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.550</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">430</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">17</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.200</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.659</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2620 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Altavista Hotelera, S. L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7059_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">36</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7060_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">11</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5444_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">34</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5534_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">10</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5445_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">9</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2627 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fourth Project 2012, S.L. </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5536_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(8)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5537_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">11</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5539_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">6</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5540_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">763</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2632 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7061_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(1)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5542 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">812</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5544_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(337)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2644 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Holazel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5546_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(619)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5547_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(9)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5548_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">503</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5549_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(315)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5550_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(12)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5551_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">9</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1732 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7063 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">593</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7064 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(213)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7065 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">46</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7066 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">366</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2669 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Arroyo, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7068_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">599</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7069_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">598</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4058 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps964\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7071_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.549</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7072_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.591</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7073_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.617</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7074_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">3.716</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7075_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.286</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7076 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.793</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6217 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7077 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">890</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7078_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">465</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7079_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">5</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7080 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">747</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7081 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.102</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7082_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">11</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9307 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7083_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">6.353</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7084_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.336</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7085 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">34</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7086 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.595</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7087_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.199</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7088_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">58</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1013 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Aparthotel M.Costa del Sol</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7089_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.463</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7090_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">793</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7091_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">13</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7092_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.092</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7093 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.054</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7094 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">28</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2724 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Nexprom, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7096_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.307</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7097_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7098_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">10</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7099_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.740</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7100_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.299</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7101_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">25</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7102_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7103_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">8.597</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7104 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.251</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7105_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">10</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7106_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">7.738</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7107_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.842</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7108_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">28</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6242 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Starmel Hoteles JV, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7110_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">6</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7111_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">14</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7112_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">22</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7113_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fuerteventura Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7114 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">25</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7115 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">28</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7116 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">38</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7117 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">24</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11536 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Santa Eulalia Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7119 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(23)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7120 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">21</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7121_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7122_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">53</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15823 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7124_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(54)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7125 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7126_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.601</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7127_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">16</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7128 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">706</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7129_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.682</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7130_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Tertian XXI\u00a0 (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7131 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.225</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7132_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">451</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15641 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7134_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.169</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7135 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">283</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7136_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.123</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4508 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones Guiza, S. A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7137 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(22)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7138_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">32</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7139 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7140 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(21)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7141_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">2</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5084 ss759_1\"><div><div class=\"ps4251_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps12481\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7144 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">25.937</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7145_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">8.436</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7146_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.681</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7147_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">23.091</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7148_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">9.304</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7149 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.832</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7150_1 ss760_1\"><div><div class=\"ps958 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7151 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">27.486</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7152_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">11.027</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7153_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">5.298</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7154 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">26.806</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7155_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">11.590</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7156 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">4.626</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps7159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:254.99pt\">Grupo Tertian XXI compuesto por las sociedades Lierinto S.L.U. y Tertian XXI S.L.</span></div><div class=\"ps7161_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:388.16pt\">Grupo Renasala compuesto por las sociedades Renasala,S.L., Starmel Hotels OP,S.L,U. Torremolinos Beach Property, S.L,U,</span><span class=\"f charStyle-df66f676 ps7160\" style=\"width:2.1pt\"> </span></div><div class=\"ps7162 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:354.9pt\">Palmanova Beach Property, S.L.U. Puerto del Carmen Beach Property, S.L.U. San Antonio Beach Property, S.L.U.</span></div><div class=\"ps7163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:337.54pt\">Grupo Melia Hotels USA, LLC compuesto por las sociedades Melia Hotels USA,Llc. Y Melia Hotels Florida Llc.</span></div><div class=\"ps7164_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el ejercicio, las sociedades del Grupo Evertmel, Mongamenda S.L.U. y Jamaica DevCo, S.L. han fusionado con la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">sociedad Evertmel S.L. Asimismo, la sociedad Kimel MCA., S.L.U. ha fusionado con Ayosa Hoteles, S.L., sociedad que integra</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:210.34pt\">por el m\u00e9todo de integraci\u00f3n global (ver Nota 5.1.).</span></div><div class=\"ps7167_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Por otra parte, se ha incorporado el Grupo Terti\u00e1n, formado por las sociedades Terti\u00e1n XXI, S.L. y su filial Lierinto, S.L.U.,</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:176.46pt\">propietaria del hotel Innside Palma Bosque.</span></div><div class=\"ps7169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las principales variaciones del periodo en pasivos comerciales hacen referencia al pago de facturas de alquiler de hotel que</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7170_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.19pt\">son explotados por el Grupo y cuya propiedad es de entidades asociadas y negocios conjuntos.</span></div><div class=\"ps7171 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">En el ejercicio 2025 el Grupo ha adquirido el 50% adicional de la sociedad Sierra Parima, S.A.S. pasando a integrarse por</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7173_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:75.76pt\">integraci\u00f3n global.</span><span class=\"f charStyle-f47c836a ps7172\" style=\"width:5.42pt\">\u00a0 </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Operaciones de financiaci\u00f3n</span><span class=\"f charStyle-a641bfbe ps7177\"> </span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">A\u00a0 continuaci\u00f3n, se desglosan los importes que el Grupo mantiene con entidades asociadas y negocios conjuntos a cierre de los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.91pt\">ejercicios </span><span class=\"f charStyle-f47c836a ps5404\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7178\" style=\"width:12.11pt\"> y </span><span class=\"f charStyle-f47c836a ps7179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7180\" style=\"width:422.9pt\"> en concepto de financiaci\u00f3n, as\u00ed como los ingresos y gastos financieros devengados en los ejercicios</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:183.64pt\">2025 y 2024 derivados de dichas operaciones:</span><span class=\"f charStyle-f47c836a ps7181\" style=\"width:2.71pt\"> </span></div><div class=\"ps2773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2495 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(468)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">28.720</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5348_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">32.738</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(697)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">31.023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">30.959</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7153 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Altavista Hotelera, S. L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7182_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">518</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7183_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">10.812</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7184_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">621</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5352_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">10.751</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14507 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Producciones de Parques, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7185_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(7)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7186_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">78</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7187_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(14)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7188_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">451</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5066 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fourth Project 2012, S.L. </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7189_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(76)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7190 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">704</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7191_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(345)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7192 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">2</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7193_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">972</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15797 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7194_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(543)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7195_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">11.151</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7196 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">936</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7197_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">12.129</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4622 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7198_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps12444\">(2.727)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15895 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Holazel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7199_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(17)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7200_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">71</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7201 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">17</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7202_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">349</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1527 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Arroyo, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7203_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8770 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps964\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7205_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps7204\">(594)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7206 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">50.755</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7207 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">33.564</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7209_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps7208\">(2.226)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7210 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">53.905</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7211_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">32.731</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4848 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7212_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7213 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">56</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6217 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7079_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">115</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7082_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">14</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9307 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Aparthotel M.Costa del Sol</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7085 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">287</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7088_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">24</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3567 ss760_1\"><div><div class=\"ps958 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Nexprom, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7215_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">239</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7216_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">26</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3738_1 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7217 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">812</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7218_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">13.730</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7219_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">243</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7220_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.003</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7221_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">24.200</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7222_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">193</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15901 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Starmel Hoteles JV, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4259 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fuerteventura Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7223_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">46</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps12682 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Santa Eulalia Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7224_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">20</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1600 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7225_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">468</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7226_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.176</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7227_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.992</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps551_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Tertian XXI (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7228_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">13</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7229_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">226</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7230 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">75</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps556_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7231_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">180</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6344 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Detur Panam\u00e1, S. A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7233_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">3</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7234_1 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps12481\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7235 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.293</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7236_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">18.132</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7237_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.449</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7238_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.003</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7239_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">27.262</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7240_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1320\">311</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7241_1 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7242_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1320\">699</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7243_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">68.887</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7244 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">35.013</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7245 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps7208\">(1.223)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7246 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">81.167</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7247 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">33.042</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7248 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps7249_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Renasala compuesto por las sociedades Renasala,S.L., Starmel Hotels OP,S.LU, ,Torremolinos Beach Property ,S.L.U, </span></div><div class=\"ps7250 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Palmanova Beach Property, S.L.U, Puerto del Carmen Beach Property, S.L.U, San Antonio Beach Property. S.L.U.</span></div><div class=\"ps7251 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Melia Hotels USA, LLC compuesto por roplas sociedades Melia Hotels USA,Llc. Y Melia Hotels Florida Llc.</span></div><div class=\"ps7252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:254.99pt\">Grupo Tertian XXI compuesto por las sociedades Lierinto S.L.U. y Tertian XXI S.L.</span></div><div class=\"ps7254_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Al final de cada ejercicio, se calcula el inter\u00e9s correspondiente al saldo medio de las cuentas corrientes, cuyos saldos pueden</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7255_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">ser deudores o acreedores, en funci\u00f3n de las circunstancias particulares de cada negocio conjunto o entidad asociada y cuya</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7256_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">devoluci\u00f3n se produce seg\u00fan sus las necesidades de cada momento. Estos saldos devengan un tipo de inter\u00e9s de mercado, que</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7259_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:346.88pt\">se liquida anualmente en funci\u00f3n del saldo diario de la cuenta, siendo el aplicado en </span><span class=\"f charStyle-f47c836a ps7257\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7258\" style=\"width:149.77pt\"> el 5,198%, mientras que en 2024 fue</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:46.11pt\">del 5,532%.</span><span class=\"f charStyle-f47c836a ps7260\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:124.92pt\">Operaciones de arrendamiento</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">A continuaci\u00f3n, se desglosan los importes correspondientes a contratos de arrendamiento con entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">conjuntos. Dentro del importe reflejado en la columna de Resultados se incluyen los pagos de alquiler, incluyendo el importe</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:357.82pt\">variable, si lo hubiese, no descontado a la hora de calcular el pasivo por arrendamiento.</span></div><div class=\"ps2773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:182.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss761_1\"><div><div class=\"ps5335_1 ss68\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td rowspan=\"3\" style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7419 ss731_1\"><div><div class=\"ps482 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps7272\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss731_1\"><div><div class=\"ps482 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps7272\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7275 ss411_1\"><div><div class=\"ps5338_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps7273\">Rtdos</span></div><div class=\"ps5339_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7276 ss411_1\"><div><div class=\"ps476 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6720_1 ss411_1\"><div><div class=\"ps5338_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps7273\">Rtdos</span></div><div class=\"ps5339_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6721_1 ss411_1\"><div><div class=\"ps476 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2495 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7277 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.629)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7278 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">31.991</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7279 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.811)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7280 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">39.013</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2605 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-f47c836a ps267\">Altavista Hotelera, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7281_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(3.220)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7282_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.043</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7283_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(3.098)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7284_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.360</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2620 ss762_1\"><div><div class=\"ps2435_1 ss68\"><span class=\"f charStyle-f47c836a ps267\">Fourth Project 2012, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7285_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(2.685)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7286_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.582</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7287_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(2.367)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7288_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.396</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1507 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Marmel, S.L</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7289 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(1.593)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7290 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">12.561</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7291 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(1.614)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7292 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">13.058</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5927 ss763_1\"><div><div class=\"ps4251_1 ss68\"><span class=\"f charStyle-f47c836a ps267\">Terti\u00e1n, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7293 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps845\">(582)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7294_1 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">9.098</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3540 ss763_1\"><div><div class=\"ps4251_1 ss68\"><span class=\"f charStyle-f47c836a ps267\">Lierinto, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7296_1 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps845\">(302)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7297 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">4.786</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:6.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps292 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-4ed8e3ec ps7298\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7299_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(16.010)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7300_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">73.060</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7301_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(14.891)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7302_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">69.827</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7303 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:74.09pt\">Garant\u00edas y avales</span></div><div class=\"ps7304_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">A cierre de los ejercicios 2025 y 2024 el Grupo tiene avales con entidades asociadas y negocios conjuntos por 0,3 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7305_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.06pt\">euros.</span><span class=\"f charStyle-f47c836a ps6601\" style=\"width:2.71pt\"> </span></div><div class=\"ps7307_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:23.47pt\">20.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps8149\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:12.53pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:203.04pt\">Transacciones con accionistas significativos</span></div><div class=\"ps7309_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.76pt\">Los saldos por tipo de operaci\u00f3n realizados con los accionistas significativos son los siguientes:</span><span class=\"f charStyle-f47c836a ps7308\" style=\"width:2.71pt\"> </span></div><div class=\"ps7321 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:173.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:172.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3628_1 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-4ed8e3ec ps7310_1\">Tipo de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps12514 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7312 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Recepci\u00f3n de servicios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6720_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">1.248</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7313 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7314_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">166</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Ana Maria Jaume Vanrell</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1490 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Recepci\u00f3n de servicios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7315_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Ana Maria Jaume Vanrell</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7316_1 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7317 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">184</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps6862 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps7318_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7319 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">1.414</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7320 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">1.036</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7322 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Las Operaciones detalladas est\u00e1n referidas a la contrataci\u00f3n por sociedades del Grupo de diversos servicios profesionales</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7323 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">prestados por sociedades bajo control de D. \u00c1lvaro Sans Ca\u00f1ada, persona vinculada por parentesco a D. Gabriel Escarrer</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7324_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Jaume, Presidente y Consejero Delegado de la Sociedad y, a su vez, accionista indirecto de la Sociedad a trav\u00e9s de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7325_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">participaci\u00f3n en las sociedades Hoteles Mallorquines Asociados, S.L., Hoteles Mallorquines Agrupados, S.L., Hoteles</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:252.89pt\">Mallorquines Consolidados, S.L. y Tulipa Inversiones 2018, S.A.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:23.46pt\">20.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7339\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:12.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:373.27pt\">Transacciones con personal directivo y miembros del Consejo de Administraci\u00f3n</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El importe de la remuneraci\u00f3n de los Consejeros por su condici\u00f3n de tales (remuneraci\u00f3n fija y las dietas por asistencia a</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:281.45pt\">consejos y comisiones) de los diferentes consejeros, en los ejercicios </span><span class=\"f charStyle-f47c836a ps7340\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7341\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps7342\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7343\" style=\"width:63.97pt\"> es el siguiente:</span></div><div class=\"ps5425_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss775_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:276.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7345_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5873 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros externos independientes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7347_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">692</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7348_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">753</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Fco Javier Campo Garc\u00eda</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7349_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">69</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Fernando D\u00b4Ornellas Silva</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7350_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7351_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">116</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Carina Szpilka L\u00e1zaro</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7352_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7353_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">134</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. M\u00aa Cristina Henr\u00edquez de Luna Basagoiti</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7354_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7355_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">107</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Cristina Aldamiz-Echevarr\u00eda Gonz\u00e1lez de Durana</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7356 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7357 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">148</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1255 ss771_1\"><div><div class=\"ps964 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Montserrat Trap\u00e9 Viladomat</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7358 ss772_1\"><div><div class=\"ps964 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7359 ss772_1\"><div><div class=\"ps964 ss49\"><span class=\"f charStyle-f47c836a ps4677\">145</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Crist\u00f3bal Vald\u00e9s Guinea</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7360 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7361 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">34</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1732 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros\u00a0 dominicales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7362 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">275</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7363_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">346</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps364 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Luis Mar\u00eda D\u00edaz de Bustamante y Terminel</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7364 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7365 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">151</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4438 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Escarrer Juli\u00e1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7366_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">60</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7367 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. M\u00aa Mercedes Escarrer Jaume </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7368 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7369 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">34</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps1752 ss773_1\"><div><div class=\"ps958 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Hoteles Mallorquines Agrupados S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7371 ss774_1\"><div><div class=\"ps958 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">29</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1013 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Alfredo Pastor Bodmer</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7372 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7373_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">72</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7704 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejero ejecutivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7375_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7374\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7376_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7374\">72</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1772 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Juan Escarrer Jaume</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7377_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7378_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">72</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7379_1 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7381 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2139\">1.040</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7382 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2139\">1.171</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7385 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:471.7pt\">Durante el ejercicio 2025, se han producido los siguientes cambios en la composici\u00f3n del Consejo de Administraci\u00f3n:</span><span class=\"f charStyle-f47c836a ps7384_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7387_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">a<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Ratificaci\u00f3n y reelecci\u00f3n de D. Crist\u00f3bal Vald\u00e9s Guinea, como Consejero Externo Independiente.</span></div><div class=\"ps7388_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">b<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Ratificaci\u00f3n y reelecci\u00f3n de D\u00f1a. Mar\u00eda Mercedes Escarrer Jaume, como Consejera Externa Dominical.</span></div><div class=\"ps5048_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">c<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Reelecci\u00f3n de D\u00f1a. Carina Szpilka L\u00e1zaro como Consejera Externa Independiente.</span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">d<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Nombramiento de D\u00f1a. Montserrat Trap\u00e9 Viladomat como Vicepresidenta Primera.</span></div><div class=\"ps5883 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">e<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Nombramiento de D\u00f1a. Cristina Ald\u00e1miz-Echevarr\u00eda Gonz\u00e1lez de Durana como Vicepresidenta Segunda</span></div><div class=\"ps7390_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:383.59pt\">El importe correspondiente a la retribuci\u00f3n de los consejeros ejecutivos y la alta direcci\u00f3n (a</span><span class=\"f charStyle-f47c836a ps7389\" style=\"width:131.94pt\"> estos efectos, se considera alta</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7392_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:32.24pt\">direcci\u00f3</span><span class=\"f charStyle-f47c836a ps7391\" style=\"width:483.36pt\">n a los miembros del Comit\u00e9 Ejecutivo del grupo, tambi\u00e9n denominado Senior Executive Team (SET) y, a efectos del</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">presente Informe, y siguiendo las instrucciones de la Circular 3/2021, de 28 de septiembre, de la CNMV, tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">entender\u00e1n incluidos en el concepto de alta direcci\u00f3n, aquellos directivos que tengan dependencia jer\u00e1rquica del Presidente y</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7399_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:309.85pt\">Consejero Delegado, y el responsable de Auditor\u00eda Interna) en los ejercicios </span><span class=\"f charStyle-f47c836a ps7395\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7396\" style=\"width:9.99pt\"> y </span><span class=\"f charStyle-f47c836a ps7397\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7398\" style=\"width:157.99pt\"> es el siguiente, atendiendo a importes</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.12pt\">devengados:</span><span class=\"f charStyle-f47c836a ps7400\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps7433 ss0_2\"><div class=\"ss780_1 ws0 ps7432\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:217.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:18pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss776_1\"><div><div class=\"ps7404_1 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps7403\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps4019_1 ss670\"><div><div class=\"ps4339_1 ss518\"><span class=\"f charStyle-4ed8e3ec ps7405\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7406_1 ss670\"><div><div class=\"ps4339_1 ss518\"><span class=\"f charStyle-4ed8e3ec ps7405\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:27.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7409 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps14565\">Fija</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7410 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps3359\">Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7411 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps14565\">Fija</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7412 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps3359\">Variable</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11190 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros ejecutivos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7414_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7415_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.073</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7416_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7418 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5982\">694</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11297 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Juan Escarrer Jaume</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7419_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">1.004</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7420 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">2.073</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7421 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">1.004</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7422 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps14926\">694</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2509 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Alta direcci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7423 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.603</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14657 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.591</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7425 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.208</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7426 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5982\">928</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2516 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps7427_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7428 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.607</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14666 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">5.665</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7430_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.212</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7431 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.622</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7434 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, el importe indicado respecto a la remuneraci\u00f3n total de la Alta Direcci\u00f3n y del Consejero Ejecutivo incluye la parte</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">correspondiente a la retribuci\u00f3n variable a largo plazo correspondiente al Plan Director 2022-2024, cuyo devengo se ha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7436 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">producido durante el ejercicio 2025. Durante el presente ejercicio, se ha aprobado el Plan Director 2025-2027 dirigido al</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7437 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Presidente y Consejero Delegado, a los miembros del Comit\u00e9 de Direcci\u00f3n y otros empleados clave, siendo un colectivo de un</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7439 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:308.74pt\">m\u00e1ximo de 50 beneficiarios y un importe m\u00e1ximo de 13,5 millones de euros.</span><span class=\"f charStyle-f47c836a ps7438_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7440_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Adicionalmente, el Presidente y Consejero Delegado (\u00fanico Consejero Ejecutivo de la Sociedad) ha devengado 88 miles de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7442 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:361.64pt\">euros en el ejercicio 2025 relativos a sistemas de ahorro a largo plazo y otros conceptos.</span><span class=\"f charStyle-f47c836a ps7441_1\" style=\"width:153.89pt\"> El importe devengado por los mismos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7443_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:244.63pt\">conceptos en el ejercicio 2024 ascendi\u00f3 a 87 miles de euros.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La Compa\u00f1\u00eda no ha asumido ning\u00fan tipo de obligaci\u00f3n y no ha satisfecho ning\u00fan tipo de anticipo o cr\u00e9dito a los administradores</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">a fecha de formulaci\u00f3n de las cuentas anuales consolidadas. Por otra parte, el Grupo tiene contratada una p\u00f3liza de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">responsabilidad civil (D&amp;O) para administradores y directivos, con las condiciones habituales para este tipo de seguros, con</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.13pt\">una prima imputable al ejercicio </span><span class=\"f charStyle-f47c836a ps6922\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6923\" style=\"width:189.9pt\"> de 224.140,88\u00a0 euros, 302.279,25 euros en </span><span class=\"f charStyle-f47c836a ps7446\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7447_1\" style=\"width:7.65pt\">. </span><span class=\"f charStyle-f47c836a ps7448_1\" style=\"width:137.14pt\">No se realizan pagos basados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:37.75pt\">acciones.</span></div><div class=\"ps7449_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 21.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps4132_1\"><span style=\"display:inline-block;height:11.34pt;width:9.54pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Activos y Pasivos Contingentes</span></div><div class=\"ps7450 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El Grupo mantiene compromisos con terceros no reconocidos en el Balance consolidado, debido a la escasa probabilidad de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7451_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">que en un futuro conlleven la salida de recursos econ\u00f3micos, o porque dichos compromisos no deban ser reconocidos en</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1624_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.18pt\">aplicaci\u00f3n de la normativa vigente. A continuaci\u00f3n, se detallan dichos activos y pasivos contingentes por importes y conceptos.</span></div><div class=\"ps7454_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">21.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7452\"><span style=\"display:inline-block;height:6.8pt;width:0.93pt\"></span></span><span class=\"ps1205\"> </span></span><span class=\"f charStyle-aa796863 ps7453\">Activos contingentes</span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El Grupo mantiene reclamaciones interpuestas contra terceros en compensaci\u00f3n por los da\u00f1os sufridos por el cierre de hoteles</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">ocurrido durante la pandemia sanitaria de 2020 y, sobre las que considera existen argumentos t\u00e9cnicos razonables para</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">obtener una eventual resoluci\u00f3n favorable en sede judicial. No obstante, los Administradores de la Sociedad, apoy\u00e1ndose en</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">un criterio de prudencia, no consideran que por el momento se cumplan los requisitos establecidos en la normativa aplicable</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:204.88pt\">para su reconocimiento en el Balance consolidado.</span></div><div class=\"ps7456_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.56pt\">21.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7455\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.44pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:83.85pt\">Garant\u00edas y avales</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El Grupo garantiza varias operaciones a trav\u00e9s de avales bancarios y por conceptos varios, por importe de 49,8 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:271.33pt\">euros al 31 de diciembre de 2025 (45,9 millones de euros en 2024).</span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo tiene otorgados garant\u00edas y avales bancarios por operaciones de entidades asociadas y negocios conjuntos por valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:194.17pt\">de 0,3 millones de euros (mismo valor en 2024).</span></div><div class=\"ps7458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.55pt\">21.3.</span><span class=\"f charStyle-f47c836a ps1963_1\" style=\"width:2.71pt\"> </span><span class=\"f charStyle-aa796863 ps7457\" style=\"width:96.66pt\">Pasivos contingentes</span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Corporaci\u00f3n Hotelera Metor, S.A., entidad dependiente participada en un 76%, tiene abiertos litigios con su accionista</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">minoritario, en reclamaci\u00f3n de nulidad de todos los acuerdos y transacciones realizadas con \u00e9l. La Compa\u00f1\u00eda viene realizando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">las acciones necesarias para que la resoluci\u00f3n de dichos litigios no suponga un impacto significativo en los estados financieros</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">consolidados del Grupo. Adem\u00e1s, no existe una valoraci\u00f3n econ\u00f3mica, pues se trata de un contencioso sobre el control y la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7461 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:194.29pt\">impugnaci\u00f3n de determinados acuerdos sociales</span><span class=\"f charStyle-f47c836a ps7460_1\" style=\"width:321.31pt\">, existiendo un laudo arbitral favorable al Grupo emitido en 2020 que reconoce</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7462_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:155.35pt\">la validez de dichos acuerdos sociales.</span></div><div class=\"ps7465_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 22.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps7464\"><span style=\"display:inline-block;height:11.34pt;width:7.49pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Otra Informaci\u00f3n</span></div><div class=\"ps1721 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Situaciones de conflictos de inter\u00e9s de los administradores:</span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En relaci\u00f3n con los requerimientos de los art\u00edculos 229 y 230 del Texto Refundido de la Ley de Sociedades de Capital, los</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">miembros del Consejo de Administraci\u00f3n han confirmado que ni ellos, ni las personas a ellos vinculadas a las que se refiere el<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">art\u00edculo 231 de la mencionada Ley, desarrollan actividades por cuenta propia o cuenta ajena que entra\u00f1en una competencia</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">efectiva, sea actual o potencial, con la Compa\u00f1\u00eda o que, de cualquier otro modo, le sit\u00faen en un conflicto permanente con los</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:266.28pt\">intereses de la misma, a excepci\u00f3n de lo indicado a continuaci\u00f3n:</span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps7386_1\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.62pt\">Don Gabriel Escarrer Jaume (Presidente y Consejero Delegado): en aquellos acuerdos o decisiones del Consejo de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.49pt\">Administraci\u00f3n relativos a su retribuci\u00f3n (fijaci\u00f3n de su retribuci\u00f3n variable,etc.). En dichos asuntos, el Sr. Consejero</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:384.79pt\">Gabriel Escarrer Jaume se abstuvo de participar en la deliberaci\u00f3n y votaci\u00f3n correspondiente.</span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps7386_1\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.62pt\">D\u00f1a. Cristina Ald\u00e1miz-Echevarr\u00eda Gonz\u00e1lez de Durana: en aquellos acuerdos o decisiones del Consejo de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.57pt\">Administraci\u00f3n relativos a la propuesta de nombramiento como Vicepresidenta segunda del Consejo de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.6pt\">Administraci\u00f3n. En dichos asuntos, la Sra. Consejera Ald\u00e1miz-Echevarr\u00eda se abstuvo de participar en la deliberaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps4128 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:105.62pt\">votaci\u00f3n correspondiente.</span></div><div class=\"ps4129 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps7386_1\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.53pt\">D\u00f1a. Montserrat Trap\u00e9 Viladomat: en aquellos acuerdos o decisiones del Consejo de Administraci\u00f3n relativos a la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4130 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.6pt\">propuesta de nombramiento como Vicepresidenta primera del Consejo de Administraci\u00f3n. En dichos asuntos, la Sra.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps4131 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:356.79pt\">Consejera Trap\u00e9 se abstuvo de participar en la deliberaci\u00f3n y votaci\u00f3n correspondiente.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las participaciones accionariales directas o indirectas, controladas por miembros del Consejo de Administraci\u00f3n de la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:115.49pt\">Compa\u00f1\u00eda son las siguientes:</span><span class=\"f charStyle-f47c836a ps7466\" style=\"width:2.71pt\"> </span></div><div class=\"ps3110 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:181.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:95.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:83.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:146.25pt\"></td></tr><tr style=\"height:14.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss782_1\"><div><div class=\"ps3144_1 ss824\"><span class=\"f charStyle-4ed8e3ec ps7467\">Consejero</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7471_1 ss783_1\"><div><div class=\"ps7469 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps7468\">N\u00ba derechos de voto </span></div><div class=\"ps7470_1 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps1860\">directos \u00f3 indirectos</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss785_1\"><div><div class=\"ps7469 ss255\"><span class=\"f charStyle-4ed8e3ec ps313\">% del total de </span></div><div class=\"ps7470_1 ss255\"><span class=\"f charStyle-4ed8e3ec ps7472\">derechos de voto</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7474_1 ss787_1\"><div><div class=\"ps3144_1 ss786_1\"><span class=\"f charStyle-4ed8e3ec ps7473\">Cargo en el Consejo</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6264 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D. Gabriel Escarrer Jaume</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7476_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps7475\">1.084.922</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7478_1 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,4923%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7479_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Presidente y Consejero Delegado</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps816 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D. Luis M\u00aa D\u00edaz de Bustamante y Terminel</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7480 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps1954\">300</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7481 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0001%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7482 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Secretario y Consejero</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7153 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D. Alfredo Pastor Bodmer</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7484_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps7483\">6.000</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6890_1 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0027%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7485_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Consejero</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3823 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Montserrat Trap\u00e9 Viladomat</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7486 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps1029\">14.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7487_1 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0066%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7488_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Consejera</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1117 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Mercedes Escarrer Jaume</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7489_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps1029\">33.333</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7490 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0151%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7491_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Consejera</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7492 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los Administradores y personas vinculadas a los mismos, aparte de los mencionados, o personas actuando por cuenta de \u00e9stos,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7493_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">no han realizado durante el ejercicio otras operaciones con la sociedad dominante, o con otras sociedades de su Grupo, ajenas</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps7494 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.59pt\">a su tr\u00e1fico ordinario o al margen de las condiciones de mercado.</span></div><div class=\"ps7495_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Informaci\u00f3n sobre los aplazamientos de pago efectuados a proveedores</span></div><div class=\"ps7496_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Se ofrece a continuaci\u00f3n la informaci\u00f3n requerida por la Disposici\u00f3n adicional tercera de la Ley 18/2022, de 28 de septiembre,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7497_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de creaci\u00f3n y crecimiento de empresas y Ley 15/2010, de 5 de julio (modificada a trav\u00e9s de la Disposici\u00f3n final segunda de la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7498 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Ley 31/2014, de 3 de diciembre) preparada conforme a la Resoluci\u00f3n del ICAC de 29 de enero de 2016, sobre la informaci\u00f3n a</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7499_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">incorporar en la memoria de las cuentas anuales en relaci\u00f3n con el periodo medio de pago a proveedores en operaciones</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7500 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:181.14pt\">comerciales, para los ejercicios 2025 y 2024:</span></div><div class=\"ps7506 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Periodo medio de pago a proveedores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6584 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">57,25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14496 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">56,17</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Ratio de las operaciones pagadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6586 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">55,15</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6587 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">53,89</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Ratio de las operaciones pendientes de pago</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7501_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">109,43</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7502 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">116,61</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps7503\">TOTAL PAGOS REALIZADOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7504_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">680.340</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4620_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">605.372</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps7505\">TOTAL PAGOS PENDIENTES</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6894_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">27.415</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6895 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">22.884</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7507_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:462.8pt\">A continuaci\u00f3n, se detalla el volumen monetario y n\u00famero de facturas pagadas dentro del plazo legal establecido:</span></div><div class=\"ps7512_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss152 ws0 ps7511_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:300pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1999 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">Volumen monetario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2002_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">329.826</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">Porcentaje sobre el total de pagos realizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2005 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps7508_1\">48,48%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps667_1 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">N\u00famero de facturas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7509_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">217.099</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12469 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">Porcentaje sobre el total de facturas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7510 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps7508_1\">41,93%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:96.38pt\">Honorarios de auditor\u00eda</span></div><div class=\"ps7514 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Los honorarios correspondientes a la auditor\u00eda de la sociedad dominante y de las sociedades dependientes que forman parte de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">las cuentas anuales consolidadas han ascendido a 1.331 miles de euros, de los cuales Deloitte Auditores, S.L. en Espa\u00f1a ha</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7516 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">facturado 659 miles de euros. A nivel internacional, Deloitte ha facturado 482 miles de euros. Los 190 miles de euros restantes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7517_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">corresponden a otras firmas de auditor\u00eda. Adicionalmente los honorarios facturados en el ejercicio por otros servicios</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7518_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">prestados a la sociedad dominante y a sociedades dependientes por cualquier empresa perteneciente a la misma red de los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7520_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.98pt\">auditores de las cuentas anuales consolidadas han ascendido a 329 mil euros.</span><span class=\"f charStyle-f47c836a ps7519_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En aplicaci\u00f3n de las disposiciones de excepci\u00f3n del art\u00edculo 264, apartado 3, del C\u00f3digo de Comercio alem\u00e1n HGB, las filiales</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps7522 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">nacionales alemanas Sol Melia Deutschland GmbH, AG D\u00fcsseldorf, HRB 66940, y HotelBetriebsHorizonte Tramuntana GmbH,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7523_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">HRB 107042,\u00a0 consolidadas por el m\u00e9todo de la integraci\u00f3n global, han hecho uso de las disposiciones de exenci\u00f3n para el</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.28pt\">ejercicio 2025.</span></div><div class=\"ps7526_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.29pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps7524_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7525\" style=\"width:435.4pt\">, los honorarios correspondientes a la auditor\u00eda de la sociedad dominante y de las sociedades dependientes</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5980_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">que formaron parte de las cuentas anuales consolidadas ascendieron a 1.264 miles de euros, de los cuales Deloitte Auditores,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7527_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">S.L., en Espa\u00f1a, factur\u00f3 610 miles de euros. A nivel internacional, Deloitte factur\u00f3 473 miles de euros. Los 181 miles de euros</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7530 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:417.03pt\">restantes correspondieron a otras firmas de auditor\u00eda. Adicionalmente los honorarios facturados en </span><span class=\"f charStyle-f47c836a ps7528_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7529\" style=\"width:79.69pt\"> por otros servicios</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7531_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">prestados a\u00a0 la sociedad dominante y a sociedades dependientes por cualquier empresa perteneciente a la misma red de los</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps7532 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:303.02pt\">auditores de las cuentas anuales consolidadas ascendieron a 230 mil euros.</span></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 23.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps7533\"><span style=\"display:inline-block;height:11.34pt;width:7.52pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Acontecimientos Posteriores al Cierre</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Con fecha 17 de febrero de 2026 el Grupo ha formalizado un pr\u00e9stamo sindicado por importe de 800 millones de euros,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:106.52pt\">estructurado en formato </span><span class=\"f charStyle-6f7c0cc4 ps7534_1\" style=\"width:38.81pt\">club deal</span><span class=\"f charStyle-f47c836a ps7535\" style=\"width:370.28pt\"> y liderado por tres entidades financieras nacionales, con el objetivo de reorganizar la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2030 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">financiaci\u00f3n existente, sin incrementar el endeudamiento. Tras esta operaci\u00f3n, el Grupo ha simplificado y optimizado su</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2031 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:499.85pt\">estructura de deuda y el perfil de sus vencimientos financieros, posponiendo aquellos m\u00e1s relevantes a partir del a\u00f1o 2030.</span></div><div class=\"ps7536 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo ha utilizado los fondos del nuevo pr\u00e9stamo, junto con la caja disponible, para la cancelaci\u00f3n anticipada de 19</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2033 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">pr\u00e9stamos bancarios, cuyo nominal pendiente a 31 de diciembre de 2025 ascend\u00eda a 820,3 millones de euros. A fecha de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:450.87pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, los mencionados pr\u00e9stamos ya han sido cancelados.</span><span class=\"f charStyle-f47c836a ps7537\" style=\"width:2.71pt\"> </span></div><div class=\"ps2470 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:330.16pt\">El hecho descrito no afecta a las cuentas anuales consolidadas del ejercicio 2025.</span></div><div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_94\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7\"><span class=\"ps12591\">Anexo 1.<span style=\"display:inline-block;height:11.34pt;width:7.32pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Entidades Dependientes</span></div><div class=\"ps472 ss0_2\"><div class=\"ss804_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:140.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:42.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss793_1\"><div><div class=\"ps7540_1 ss792_1\"><span class=\"f charStyle-ac1283de ps7539\">SOCIEDADES EXPLOTADORAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2945 ss795_1\"><div><div class=\"ps7540_1 ss3\"><span class=\"f charStyle-ac1283de ps7542\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps10813 ss472_1\"><div><div class=\"ps7540_1 ss471_1\"><span class=\"f charStyle-ac1283de ps2950\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2455 ss435_1\"><div><div class=\"ps7540_1 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7547 ss435_1\"><div><div class=\"ps7540_1 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps23_2 ss435_1\"><div><div class=\"ps7540_1 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8399 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7550_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">AYOSA HOTELES, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7551_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7552_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7553_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps35_2 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1096 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7554_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">BISOL VALLARTA, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7555_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Paseo de la Marina Sur (Puerto Vallarta)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7556_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7557_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7558_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7123 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7559_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CIBANCO SA IBM FIDEICOMISO EL MEDANO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7560_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Playa El Medano s/n, (Cabo San Lucas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7561_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7563_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7564_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2502 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7565_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7566_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">COL\u00d3N VERONA,S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7567_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Canalejas, 1 (Sevilla)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7568_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7569_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7570_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7571_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">COM.PROP. SOL Y NIEVE (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7572_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Plaza del Prado Llano (Sierra Nevada)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7573_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7574_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">97,85%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7575_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">97,85%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps613 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7576_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CORP.HOTELERA METOR, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7577_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Faustino S\u00e1nchez Carri\u00f3n s/n (Lima)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7578_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Per\u00fa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7579_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,87%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7580_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,87%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps842 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7583_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CRISALIAN, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7584_1 ss798_1\"><div><div class=\"ps7581_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Pso del club deportivo, 1 (Pozuelo de Alarc\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7585_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7586_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7588_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">3,75%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7589_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">53,75%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7590_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7591_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">DESARROLLOS SOL, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7592_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7593_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7594_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7595_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1725 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7596_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">EXPLOTACIONES ROSOTEL, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7597_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7598_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7599_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7600_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7602 ss801_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTELBETRIEBSHORIZONTE TRAMUNTANA </span></div><div class=\"ps7601 ss792_1\"><span class=\"f charStyle-12153463 ps267\">GMBH</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7603 ss802_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Am Schimmersfeld</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7604 ss803_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7605 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7606 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6058 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7608_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7609_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ALEXANDER, S. A. S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7610_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7611_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7612_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7613_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3554 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7614_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7615_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL COLBERT S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7616_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7617_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7618_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7619_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11722 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7620_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7621_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL FRANCOIS S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7622_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7623_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7624_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7625_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps15807 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7627_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7628_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL MADELEINE PALACE, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7629_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">8, Rue Cambon 75001 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7630_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7631_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7632_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11209 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7633_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7634_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ROYAL ALMA S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7635_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7636_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7637_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7638_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps16016 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7640_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INFINITY VACATIONS DOMINICANA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7641_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Instal.Hotel Circle,Avda.Barcel\u00f3,B\u00e1varo (P.Cana)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7642_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep.Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7643_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7644_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7645_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INNSIDE VENTURES, LLC</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7646_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">1029, Orange St. Wilmington (Delaware)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7647_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7648_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7649_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps9449 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7650_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7651_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERS. EXP. TURISTICAS, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7652_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7653 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7654 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">54,93%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7655 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">54,93%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7102_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7656 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERS. INMOB. IAR 1997, C. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7657 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Avenida Casanova con C/ El Recreo (Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7658 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7659 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7660 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7707 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7661 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES AGARA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7662_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7663 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7664_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7665 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7379_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7666_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES AREITO, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7667 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Avda. Barcel\u00f3, s/n (B\u00e1varo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7668_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7669 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7670_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps12682 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7671 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">LOMONDO Limited</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7672_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Albany Street-Regents Park (Londres)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7673 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7674_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7675 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11536 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7676_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">LONDON XXI Limited</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7677 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">336-337 The Strand (Londres)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7678_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7679 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7680_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7681_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7682_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 COZUMEL, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7683_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Playa Santa Pilar, Aptdo 9 (Cozumel)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7684_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7685 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7686_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5119 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7688_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7689_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 HOTELS INTERNATIONAL, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7690 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7691_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7692_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7693_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS ORLANDO, LLC.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7694_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7695 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7696_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7697 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps15641 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7698_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">OPERADORA CALA FORMENTOR SA de CV</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7699_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7700 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7701_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7702 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7725 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7704_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PARADISUS LOS CABOS, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7705_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Km 19,5 Ctra. Cabo San Lucas (S.Jose del Cabo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7706_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7707_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7708 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2890 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7709_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PARADISUS PLAYA DEL CARMEN, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7710 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan km.12,5 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7711_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7712_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7713 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7714_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7715_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PETUROLISO, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7716_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7717 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7718_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7719_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps16023 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7721_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">S' ARGAMASSA HOTELERA S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7722_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7723_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7724_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,06%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7725_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">8,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7726_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7150_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7727_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7728 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MANINVEST, B. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7731_1 ss798_1\" style=\"overflow:hidden\"><div><div class=\"ps7729_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Strawinskylaan 915 WTC, Toren A,1077 XX </span></div><div class=\"ps7730 ss3\"><span class=\"f charStyle-12153463 ps267\">(Amsterdam)<span class=\"f ps9\"> </span></span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7732_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7733 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7734_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7735 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 DEUTSCHLAND, gmbh</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7736_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Am Schimmersfeld 5 (Ratingen)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7737_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7738_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7739_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8217 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7741_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 ITALIA S.R.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7742_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Via Masaccio 19 (Mil\u00e1n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7743_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7744 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7745_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7746 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7747_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 LUXEMBOURG, S.A.R.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7748_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">1 Park Drai Eechelen, L1499</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7749_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Luxemburgo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7750 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7751_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2737 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7752_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7753 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">TENERIFE SOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7754_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Playa de las Am\u00e9ricas (Tenerife)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7755_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7756_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7757 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">48,13%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7758_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">98,13%</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps253_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:161.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:38.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps7761\">SOCIEDADES PROPIETARIAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2945 ss805_1\"><div><div class=\"ps7762 ss42_1\"><span class=\"f charStyle-ac1283de ps7763\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps3712 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2951 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7766_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7768_1 ss807_1\"><div><div class=\"ps7762 ss23\"><span class=\"f charStyle-ac1283de ps7767\">TOTAL</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7769_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7770_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">ADPROTEL STRAND, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7771_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1375_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7772_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">61,80%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7773_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">61,80%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3714 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7774_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">ARESOL CABOS S.A. de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7775_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Km 19,5 Ctra. Cabo San Lucas (S.Jose del Cabo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3720 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7777 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7778_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6874_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7779 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7780_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">BELLVER PROPERTY, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7781_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">C/ Recoletos 3, 1\u00b0 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7782_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7783_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7785_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11292 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7786_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CALA FORMENTOR, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7787_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7788_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7789_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7790_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11455 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7791_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CARIBOTELS DE MEXICO, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7792_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Playa Santa Pilar, Aptdo 9 (Cozumel)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1384 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7793 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7794_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14507 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7795_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CORP.HOT.HISP.MEX., S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7796_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan km.12,5 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7797_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7798_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7799_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4045 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7800_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7801_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INV. HOTELERAS LA JAQUITA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7802_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Avda. de los Oc\u00e9anos, s/n (Tenerife)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7803_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7804_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">61,80%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7805_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">61,80%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14598 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7806_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7807_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PEL\u00cdCANOS PROPERTY, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7808_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">C/ Recoletos 3, 1\u00b0 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7809_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7810_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7811_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3838 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7812_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7813_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CALA GALDANA PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7814_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3842 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7816_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">61,80%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7817_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">61,80%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7819 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps2309\">SOCIEDADES GESTORAS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7820 ss805_1\"><div><div class=\"ps7762 ss42_1\"><span class=\"f charStyle-ac1283de ps7763\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7821 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7822 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7823 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7824 ss807_1\"><div><div class=\"ps7762 ss23\"><span class=\"f charStyle-ac1283de ps7767\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7684 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7825 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7826_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">APARTOTEL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7827_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7828_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7829 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,79%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7830 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,79%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7831_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">ILHA BELA GESTAO E TURISMO, Ltd.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7832_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">31 de Janeiro, 81 (Funchal - Madeira)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14188 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Portugal</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7834_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7835_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7836_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 BRASIL ADMINISTRACAO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7837_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Avenida Cidade Jardim, 1030 (Sao Paulo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7838_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7839_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7840_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4848 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7841_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 MANAGEMENT, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7842_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7843_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7844_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,99%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7845_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,01%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7846_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7848_1 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELIA SIAM CO. Ltd</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7851_1 ss808_1\"><div><div class=\"ps7849_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Bangna Residence Tower 1st Floor, Sanphawut road, </span></div><div class=\"ps7850_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Bangna Nu</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7852 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Thailandia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7853_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7854 ss458_1\"><div><div class=\"ps7847_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1560 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7856 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELIA VIETNAM COMPANY LIMITED</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7857 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">13th Floor, Plaza Saigon Building, 39 Le Duan Street, Ben</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7858 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Vietnam</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7859 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7860 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7861 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">NEW CONTINENT VENTURES, Inc.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7862_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">800 Brickell Avenue Suite 1000 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7863 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7864_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7865 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps114_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7866_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">OPERADORA HOTELERA MESOL, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7867 ss805_1\"><div><div class=\"ps3215_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Blvd. Kukulkan Km 16.5 No 1 T.5. Zona Hot (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7868_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7869_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7870_1 ss807_1\"><div><div class=\"ps3215_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7871_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PT SOL MELI\u00c1 INDONESIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7872_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Ed.Plaza Bapindo-Menara Mandiri Lt.16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7873_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Indonesia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7874_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">95,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7875_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">5,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7876_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7877_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7878_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7879_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MANINVEST, B. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7880_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Strawinskylaan 915 WTC, Toren A,1077 XX (Amsterdam)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7881_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7882_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7883_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7884_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7885_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 BALKANS EAD</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7886_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Regi\u00f3n de Primorski,Golden-Sands-Varna</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7887_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Bulgaria</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7888 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7889 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"><div class=\"ps7712 ss810_1\"><div><div class=\"ps7847_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7890 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 HOTEL MANAG. SHANGHAI CO, LTD.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7891 ss808_1\"><div><div class=\"ps7849_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Suite 13-1A1,13th Floor,Hang Seng Bank Tower,1000 </span></div><div class=\"ps7850_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Lujiazui Ring Road (Shanghai)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7892 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">China</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7893 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7894_1 ss458_1\"><div><div class=\"ps7847_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7895_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 PER\u00da, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7896_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Av. Salaberri, 2599 (San Isidro - Lima)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7897 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Per\u00fa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7898 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,90%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7899_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,10%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7900_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8012 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:144pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:42.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:38.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss811_1\"><div><div class=\"ps7762 ss425\"><span class=\"f charStyle-ac1283de ps7901\">SOCIEDADES HOLDINGS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps13235 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps5060 ss799_1\"><div><div class=\"ps7762 ss471_1\"><span class=\"f charStyle-ac1283de ps2950\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps4593_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2054_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7904_1 ss807_1\"><div><div class=\"ps7762 ss23\"><span class=\"f charStyle-ac1283de ps7767\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7905_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7906_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7907_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">CADSTAR FRANCE, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7908_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">12, Rue du Mont Thabor (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7909 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7910_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7911 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7912_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7913 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">DESARROLLOS HOTELEROS SAN JUAN EXHOLD, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7914_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7915_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7916 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7917 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7918_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7919_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">DOMINICAN INVESTMENTS, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7920_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7921_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7922 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7923 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7924 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7925 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">FARANDOLE, B. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7926 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Eduard Van Beinumstraat, 40 1077 CZ (Amsterdam)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7927 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7928 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7929 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7930 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">GESMESOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7931_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Elvira M\u00e9ndez, 10 - Edif. Bco do Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7932_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7009 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7933_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7934_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">HOSPITALITY GROUP SUDAMERICA S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7935 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Manuel Quintana, 32, Piso 7</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7936 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Argentina</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7937_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7938 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7939 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7940_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">HOTELES SOL MELI\u00c1, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2620_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7941_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6895 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7942_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7943_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7944 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">INVERS. HOTELERAS LOS CABOS, S.A.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7945 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7946_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7947_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7948_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5927 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7949_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 HOTELS INTERNAT. UK LIMITED</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7950_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Albany Street , Regents Park, London NW1 3UP</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7951_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Gran Breta\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7952_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7953_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7954_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7955 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MELCOM JOINT VENTURE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7956_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Recoletos 3, 1\u00b0 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7957_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14677 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7958_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7959 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7960 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MIA EXHOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2652_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7961 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7962_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">82,26%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7963_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">17,43%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7964_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7965_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7966_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MUGOLU, S.L</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7967_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Poeta Joan Maragall, 3, 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7968_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7969_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7970_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7971 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7972_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">NEALE EXPA SPAIN, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7973 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7974_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7975_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7976_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8419 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7977_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">OPERADORA MESOL, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7978_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Blvd. Kukulkan Km 16.5 No 1 T.5. Zona Hot (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7979_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7980_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7982_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6083 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7983_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7984_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">PUNTA CANA RESERVATIONS, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7985_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7986_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7987_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7988_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">75,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7989_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7990 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SAN JUAN INVESTMENTS EXHOL, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7991_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7992 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7993_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7994_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7995 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7996_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SOL GROUP EXHOL, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7997_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7998_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7999_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8000_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8001_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8002_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SM INVESTMENT EXHOL, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8003_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8004 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14710 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8006 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8007 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SOL MELIA VACATION CLUB LLC.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8008 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Bickell Avenue, 800 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8009 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8010 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8011 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div></div><div class=\"ps253_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss822_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:126.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:141.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:41.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss815_1\"><div><div class=\"ps7762 ss814_1\"><span class=\"f charStyle-ac1283de ps8014\">SOCIEDADES ACTIVIDADES VARIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7419 ss817_1\"><div><div class=\"ps7762 ss816_1\"><span class=\"f charStyle-ac1283de ps10589\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2950 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8016_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8017_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps6018_1 ss818_1\"><div><div class=\"ps7762 ss556\"><span class=\"f charStyle-ac1283de ps12165\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7907_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">BAJA SERVICIOS ADMINISTRATIVOS S.A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8019 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Ctra Transpeninsular, km 19,5 (Los Cabos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8020 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8021 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8023 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7912_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7913 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">CASINO TAMARINDOS, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8024 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Retama, 3 (Las Palmas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8025_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8026 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8027 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7919_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">CREDIT CONTROL CORPORATION</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8028_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue, 800 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8029 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8030_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8031_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7924 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7925 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">DORPAN, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8032_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8033 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8034_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6037 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8035_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7930 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">GEST.HOT.TURISTICA MESOL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7435 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 42 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8037 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8038 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8039_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7934_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">GUARAJUBA EMPREENDIMENTOS, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8040 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Jorge Amado s/n, Bah\u00eda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8041_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8042_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8043_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7939 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7940_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">HOGARES BATLE, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8044 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 42 (Palma de Mca.)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8045_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8046 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">51,49%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8047_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">46,70%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8049 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps8048\">98,19%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps708 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7943_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7944 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL METROPOLITAN, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8050_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8051 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8052 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6058_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5927 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8053 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7949_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">HOTELPOINT, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7293 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8054_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8055_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8056_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7954_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7955 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">GONPONS INVERSIONES, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8057 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8058 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8059_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8060_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7960 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">IMPACT HOSPITALITY V3NTURES, LLC</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8061_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Celebration Place, 225 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8062_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8063_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8064_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2445 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7966_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">INMOBILIARIA DISTRITO CIAL., C. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8065_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda. venezuela con Casanova (Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8066_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8067_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">89,26%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8068_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps8048\">89,26%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps868 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7971 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7972_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">MELIA EUROPE &amp; MIDDLE EAST, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8070_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8071 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8072_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8073 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7977_1 ss815_1\"><div><div class=\"ps7581_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS ALBANIA, SH. P. K</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8074_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Tirane Rruga Abdi Toptani, Torre Drin, Kati IV,</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8075 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Albania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8076 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8077_1 ss818_1\"><div><div class=\"ps7581_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7983_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7984_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">NAOLINCO AVIATION,S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8078_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8079_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8080_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8081_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7989_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7990 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">NETWORK INVESTMENTS SPAIN, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8082_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8083_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8084_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8085_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps335_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7995 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7996_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">PRODIGIOS INTERACTIVOS, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8086_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8087_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8088_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8089_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8001_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8002_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">PROYECTOS FINANCIEROS HAYMAN, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8090_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8091_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8092_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8093_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8094_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8007 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">REALIZACIONES TUR\u00cdSTICAS, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4463_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8095_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8096 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">95,97%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8097 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,30%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8099 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps8048\">96,27%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8100 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8101 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">REN\u00c9 EGLI, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8102 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Playa La Barca, P\u00e1jara (Las Palmas de G.Canaria)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8103 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8104_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8105_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8106_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8107_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SECURISOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8108_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Notario Alemany s/n Hotel Barbados (Calvi\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8109_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8110_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8111 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8112_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SEGUNDA FASE CORP.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8113_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Carretera 3, Intersecc. 955 (Rio Grande)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8114_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Puerto Rico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8115_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8116 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8117_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS ARTEMISA, S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4481 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan Km 12 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8118_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8119_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8120 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8121_1 ss819_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS INTEGRALES DE PERSONAL IRIS, </span></div><div class=\"ps7601 ss814_1\"><span class=\"f charStyle-12153463 ps267\">S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8122 ss820_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Paseo de la Marina Sur (Puerto Vallarta)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8123 ss809_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8124 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8125 ss821_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8126_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS PERSONALES ORFEO, S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8127_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan Km 16,5 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8128_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8129 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8130 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8131_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS PITEO, S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8132_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda Tulum 200, Sm 4 (B.Juarez)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8133_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8134_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8135_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4285 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8136_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SIERRA PARIMA, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8137 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Barcel\u00f3, s/n (B\u00e1varo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8138_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep.Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8139_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8140_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8141 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL CARIBE TOURS, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8142_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">V\u00eda Grecia - Edif. Alamanda 6B (Panam\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8143 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8144_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8145_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8146_1 ss819_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL GROUP CORPORATION</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8147 ss820_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">800 Brickell Avenue, Suite 1000, FL, 33131 </span></div><div class=\"ps7601 ss816_1\"><span class=\"f charStyle-12153463 ps267\">(Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8148_1 ss809_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8149 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8150_1 ss821_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1044_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8151 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8152_1 ss815_1\"><div><div class=\"ps7581_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 FRANCE, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8153_1 ss817_1\"><div><div class=\"ps7581_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">20 Rue du Sentier (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8154_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8155_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8156 ss818_1\"><div><div class=\"ps7581_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8157_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 FUNDING</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8158_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Regatta Office Park West Bay Road P.O.Box 31106</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8159_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Islas Caim\u00e1n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8160 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8161_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8162_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8163 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC DOMINICANA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8164_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8165 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8166_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8167_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8168 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8169_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC ESPA\u00d1A S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8170_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre,16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8171_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8172_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8173_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8174_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8175 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC M\u00c9XICO, S.A de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8176_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Boluevard Kukulkan (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8177 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8178_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8179 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8180_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC PANAM\u00c1 S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8181 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Antigua escuela las Am\u00e9ricas, Lago Gat\u00fan</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8182_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8183_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8184_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8185_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">VACATION CLUB SERVICES INC.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8186_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Bickell Avenue, 800 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8187_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8188_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8189_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8254 ss0_2\"><div class=\"ss5_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps8190\">SOCIEDADES INACTIVAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2945 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps8191\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps11622 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8192_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8193_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps11328 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7907_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">BEDBANK TRADING, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8194_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Rue St.Pierre, 6A (Fribourg)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8195 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Suiza</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8196_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8197 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7913 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">COMP. TUNISIENNE GEST. HOTELI\u00c9RE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8198_1 ss801_1\"><div><div class=\"ps7849_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">18 Boulevard Kh\u00e9zama n\u00b0 44, 4051 Sousse </span></div><div class=\"ps7850_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">(T\u00fanez)<span class=\"f ps9\"> </span></span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8199_1 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">T\u00fanez</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8200 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8201_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8202 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">DESARROLLADORA DEL NORTE, S. en C.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8203_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PMB 223, PO Box 43006, (Rio Grande)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps11643 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Puerto Rico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8205 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8206_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8207 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">DETUR PANAMA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8208_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Antigua Escuela Las Am\u00e9ricas (Col\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8209 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8210_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8211 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8212_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8213_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTELES SOL, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8214 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8215_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8216_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8217_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8218_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES INVERMONT, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8219_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Av. Venezuela, Edif. T. Am\u00e9rica (Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8220_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8221_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8222_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8223_1 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MHI FOR HOTELS SERVICES</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8224_1 ss801_1\"><div><div class=\"ps7849_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Hamad Tower Office 458 King Fahd Branch </span></div><div class=\"ps7850_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Road, Al Olaya<span class=\"f ps9\"> </span></span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8225 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Arabia Saud\u00ed</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8226 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8227 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8228_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8229 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PRODISOTEL, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8230_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8231_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8232_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8233_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8234_1 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SMVC PUERTO RICO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8235_1 ss801_1\"><div><div class=\"ps7849_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Sector Coco Beach, 200 Carretera 968 (R\u00edo </span></div><div class=\"ps7850_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Grande)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8236_1 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">P.Rico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8237_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8238_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8239_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELIA JAMAICA, LTD.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2662 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">21, East Street (Kingston CSO)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8241_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Jamaica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8242_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8243_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8244_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 MARROC, S.A.R.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8245_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Rue Idriss Al-Abkar, 4 - 1\u00b0 Etage</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8246_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Marruecos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8247_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8248_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8249_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 SERVICES, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8250_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Rue de Chantemerle (Friburgo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8251_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Suiza</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8252 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8253 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8255_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(A) Sociedades auditadas</span></div><div class=\"ps8256_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F1) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Meli\u00e1 Hotels International, S.A.</span></div><div class=\"ps8257 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F2) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Sol Meli\u00e1 France, S.A.S. </span></div><div class=\"ps8258 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F4) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Inversiones y Explotaciones Turisticas, S.A..</span></div><div class=\"ps8259 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F5) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Adprotel Strand, S.L.</span></div><div class=\"ps8260_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) La participaci\u00f3n en esta entidad es a trav\u00e9s de la propiedad en apartamentos que se encuentran contabilizados en el ep\u00edgrafe correspondiente al activo </span></div><div class=\"ps8261_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">material.</span></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7\"><span class=\"ps12591\">Anexo 2.<span style=\"display:inline-block;height:11.34pt;width:5.27pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Entidades Asociadas y Negocios Conjuntos</span></div><div class=\"ps472 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss102 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:138.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8265_1 ss824_1\"><div><div class=\"ps8264 ss823_1\"><span class=\"f charStyle-ac1283de ps8263\">SOCIEDADES EXPLOTADORAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8266_1 ss825_1\"><div><div class=\"ps8264 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps14487 ss809_1\"><div><div class=\"ps8264 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps14227 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps3713 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps5488 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8269_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">COM. PROP. APARTOTEL MELI\u00c1 CASTILLA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8270_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Capit\u00e1n Haya, 43 (M adrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8271_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8272 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">34,18%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8273_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,09%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8274_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">34,27%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8275_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">C.P.APARTOTEL M.COSTA DEL SOL (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8276_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Paseo Mar\u00edtimo 11 (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8277 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8278 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">5,49%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8279_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">18,71%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8280_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">24,20%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8281_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ARROYO, S.A. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8282 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Calle Arroyo, Barrio Recoleta</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8283 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Argentina</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8284 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">33,33%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8285_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">33,33%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8286_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">NEXPROM, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8287_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. del Lido s/n (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8288_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8289 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">17,50%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8290_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">2,50%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8291 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8292 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PLAZA PUERTA DEL MAR, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8293 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Plaza Puerta del Mar, 3 (Alicante)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6019 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8295 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">13,11%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3733 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">7,84%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8297_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,95%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3823 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8298 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PRODUCCIONES DE PARQUES, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8299_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. P.Vaquer Ramis , s/n (Calvi\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8300 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8301_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8302 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14888 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8303_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8304 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">STARMEL HOTELS OP, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8305_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8306 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8307_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8308 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8309 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TURISMO DE INVIERNO, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8310_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Plaza Pradollano, s/n Sierra Nevada (Granada)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8311_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8312 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8313 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">21,42%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8314_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps1051\">SOCIEDADES PROPIETARIAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8315_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8316_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8317 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8318_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8319_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2650_1 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8320_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8321_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">ALTAVISTA HOTELERA, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8322_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Pere IV, 272 (Barcelona)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8323 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8324_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">7,55%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8325 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,19%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8326 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">48,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8327 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">EL RECREO PLAZA &amp; CIA., C.A. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8328 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Fco.de Miranda Torre Oeste,15 Of.15(Carac as)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8329 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8330_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8331_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps868 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8332 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">EVERTMEL, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8333 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8334_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8335 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8336_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8419 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8337_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">FOURTH PROJECT 2012, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8338_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8339_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8340_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,06%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8341 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">8,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8342 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6083 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8343 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">FUERTEVENTURA BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8344 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8345 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8346 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8347 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4922 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8348 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOTELES MARMEL, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8349 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8350_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8351_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8352_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps335_1 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8353_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">LIERINTO, S.L.U</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8354_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Paseo del club deportivo, 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8355_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8356_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8357 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8358 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS FLORIDA, LLC. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8359_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14708 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8361_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8362_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6230 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8363_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8364_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PALMANOVA BEACH PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8365_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4465_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8366_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8367_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1766 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8369 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8370_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PUERTO DEL CARMEN BEACH PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8371_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8372_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8373 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8374 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1072 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8376 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8377 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">SAN ANTONIO BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8378 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8379 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8380 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8381_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14984 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8382_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">SANTA EULALIA BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8383_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8384 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8385 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8386 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps864 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8387 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TERTIAN XXI, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8388 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4484 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8389 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8390_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8185 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8392_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8393_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TORREMOLINOS BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8394_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8395_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8396_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8397_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8399_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps1836\">SOCIEDADES ACTIVIDADES VARIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8400_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8401_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8402_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8403_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8404_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8405_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOLAZEL, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8406_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8407_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8408_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8409_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5077 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8411_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES GUIZA, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8412_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Lope de Vega, 4 (Sto. Domingo )</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8413_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8414_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,84%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8415_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,84%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8416_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">YAGODA INVERSIONES, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8417_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8418_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8419_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8420_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8421_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps7663\">SOCIEDADES INACTIVAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8422_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8423_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8424_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8425_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8426_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8427_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HELLENIC HOTEL MANAGEMENT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8428_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Panepistimiou, 40 (Atenas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8429_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Grecia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8430_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8431_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">40,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps8465 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss164 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:138pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8265_1 ss831_1\"><div><div class=\"ps7762 ss830_1\"><span class=\"f charStyle-ac1283de ps3377\">SOCIEDADES HOLDINGS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8434_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps960 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8435_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2493_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps635_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8436_1 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">EL RECREO PLAZA, C.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8437_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Fco.de Miranda Torre Oeste,15 Of.15(Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8438_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8439_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8440_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8441 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">HOMASI, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8442 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Cavanilles 15,Pl.baja (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8443_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8444 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8445_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">35,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8446_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS USA, LLC. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8447_1 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8448 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8449 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8450_1 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8286_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">PROMEDRO, S. A. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8451_1 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. del Lido s/n (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8452_1 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8453 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps675 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11099 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8454 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8455_1 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">RENASALA, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8456_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Zurbar\u00e1n, 9 (Mad rid )</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8457_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8458 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8459_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8460_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">STARMEL HOTELS JV, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8461 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8462 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8463 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8464 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8466 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(A) Sociedades auditadas</span></div><div class=\"ps8467 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(JV) Corresponden a negocios conjuntos </span></div><div class=\"ps8468 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F3) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Renasala, S.L.</span></div><div class=\"ps8469 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F4) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Inversiones y eplotaciones tur\u00edsticas, S.A. </span></div><div class=\"ps8470 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) La participaci\u00f3n en estas entidades es a trav\u00e9s de la propiedad en apartamentos que se encuentran contabilizados en el ep\u00edgrafe correspondiente a inversiones <span class=\"f ps9\"> </span></span></div><div class=\"ps8471 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">inmobiliarias.</span></div>",
   "dimensions": {
    "concept": "melia:DisclosuresofNotesAndOtherExplanatoryInformation",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
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  },
  "f-439": {
   "value": "<div class=\"ps1134 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 1.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps1132_1\"><span style=\"display:inline-block;height:11.34pt;width:3.62pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Informaci\u00f3n del Grupo</span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.71pt\">La sociedad matriz o dominante,</span><span class=\"f charStyle-f47c836a ps1135_1\" style=\"width:130.67pt\"> Meli\u00e1 Hotels International, S.A.</span><span class=\"f charStyle-f47c836a ps1136_1\" style=\"width:251.24pt\">, en adelante la \"Sociedad\" o la \"Sociedad dominante\", es una</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.26pt\">sociedad an\u00f3nima</span><span class=\"f charStyle-f47c836a ps1139_1\" style=\"width:142.07pt\"> espa\u00f1ola que fue constituida en </span><span class=\"f charStyle-f47c836a ps1140\" style=\"width:34.51pt\">Madrid, </span><span class=\"f charStyle-f47c836a ps1141\" style=\"width:27.82pt\">Espa\u00f1a</span><span class=\"f charStyle-f47c836a ps9701\" style=\"width:237.88pt\">, el 24 de junio de 1986 bajo la denominaci\u00f3n social de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Investman, S.A. Con fecha 1 de junio de 2011, la Junta General de Accionistas aprob\u00f3 el cambio de denominaci\u00f3n social,</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:443.25pt\">pasando a denominarse Meli\u00e1 Hotels International, S.A. La Sociedad traslad\u00f3 en 1998 su domicilio social al</span><span class=\"f charStyle-f47c836a ps1147_1\" style=\"width:72.28pt\"> n\u00ba 24 de la calle</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:167.09pt\">Gremio Toneleros, de Palma de Mallorca.</span><span class=\"f charStyle-f47c836a ps10463\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Meli\u00e1 Hotels International, S.A. y sus entidades dependientes y asociadas (en adelante, el \u201cGrupo\u201d o la \u201cCompa\u00f1\u00eda\u201d)</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">configuran un grupo integrado de empresas que se dedican, fundamentalmente, a actividades tur\u00edsticas en general y m\u00e1s en</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">concreto a la gesti\u00f3n y explotaci\u00f3n de hoteles de su propiedad, alquiler, en r\u00e9gimen de gesti\u00f3n o franquicia, as\u00ed como a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a\"><span class=\"ps12591\" style=\"width:72.59pt\">operaciones de cl<span style=\"display:inline-block;height:6.63pt;width:1.35pt\"></span></span><span class=\"ps1157\" style=\"width:441.6pt\">ub vacacional. El Grupo tambi\u00e9n se dedica a la promoci\u00f3n de toda clase de negocios relacionados con los</span></span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">\u00e1mbitos tur\u00edstico y hotelero o con actividades de ocio, esparcimiento o recreo, as\u00ed como a la participaci\u00f3n en la creaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">desarrollo y explotaci\u00f3n de nuevos negocios, establecimientos o entidades, en los \u00e1mbitos tur\u00edstico y hotelero y de cualquier</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">actividad de ocio, esparcimiento o recreo. As\u00ed mismo, algunas sociedades del Grupo realizan actividades inmobiliarias</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.57pt\">aprovechando las sinergias obtenidas en los desarrollos hoteleros motivados por el fuerte proceso de expansi\u00f3n</span><span class=\"f charStyle-f47c836a ps1164_1\" style=\"width:3.3pt\">.</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">En todo caso, quedan expresamente excluidas del objeto social aquellas actividades que las leyes especiales reserven a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">sociedades que cumplan determinados requisitos que no sean cumplidos por el Grupo; en particular, se excluyen todas las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">actividades que las leyes reserven a las Instituciones de Inversi\u00f3n Colectiva o a las sociedades mediadoras del mercado de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1171_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:31.92pt\">valores.</span><span class=\"f charStyle-f47c836a ps1170\" style=\"width:2.71pt\"> </span></div><div class=\"ps1172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Con m\u00e1s de 65 a\u00f1os de historia, Meli\u00e1 Hotels International ha consolidado su presencia internacional con 383 hoteles en 39</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:95.59pt\">pa\u00edses, principalmente </span><span class=\"f charStyle-f47c836a ps1173\" style=\"width:194.05pt\">Espa\u00f1a, Latinoam\u00e9rica, resto de Europa y Asia.</span><span class=\"f charStyle-f47c836a ps1174\" style=\"width:225.94pt\"> Con una experiencia afianzada en nueve marcas, para</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">dar respuestas a las diferentes expectativas de los clientes, que evidencia su liderazgo en hoteler\u00eda vacacional y bleisure,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Meli\u00e1 Hotels International aspira a posicionarse entre los primeros grupos hoteleros del mundo en el segmento medio y alto,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1180 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:396.33pt\">as\u00ed como ser reconocidos como referente mundial en excelencia, responsabilidad y sostenibilidad.</span></div>",
   "dimensions": {
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    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
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  },
  "f-440": {
   "value": "Meli\u00e1 Hotels International, S.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfUltimateParentOfGroup",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-441": {
   "value": "Meli\u00e1 Hotels International, S.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-442": {
   "value": "Meli\u00e1 Hotels International, S.A.",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-443": {
   "value": "sociedad an\u00f3nima",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-444": {
   "value": "Madrid, Espa\u00f1a",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-445": {
   "value": "Espa\u00f1a",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-446": {
   "value": "n\u00ba 24 de la calle Gremio Toneleros, de Palma de Mallorca.",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-447": {
   "value": "Meli\u00e1 Hotels International, S.A. y sus entidades dependientes y asociadas (en adelante, el \u201cGrupo\u201d o la \u201cCompa\u00f1\u00eda\u201d) configuran un grupo integrado de empresas que se dedican, fundamentalmente, a actividades tur\u00edsticas en general y m\u00e1s en concreto a la gesti\u00f3n y explotaci\u00f3n de hoteles de su propiedad, alquiler, en r\u00e9gimen de gesti\u00f3n o franquicia, as\u00ed como a operaciones de club vacacional. El Grupo tambi\u00e9n se dedica a la promoci\u00f3n de toda clase de negocios relacionados con los \u00e1mbitos tur\u00edstico y hotelero o con actividades de ocio, esparcimiento o recreo, as\u00ed como a la participaci\u00f3n en la creaci\u00f3n, desarrollo y explotaci\u00f3n de nuevos negocios, establecimientos o entidades, en los \u00e1mbitos tur\u00edstico y hotelero y de cualquier actividad de ocio, esparcimiento o recreo. As\u00ed mismo, algunas sociedades del Grupo realizan actividades inmobiliarias aprovechando las sinergias obtenidas en los desarrollos hoteleros motivados por el fuerte proceso de expansi\u00f3n",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-448": {
   "value": "Espa\u00f1a, Latinoam\u00e9rica, resto de Europa y Asia.",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-449": {
   "value": "<div class=\"ps1183_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 2.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps1182_1\"><span style=\"display:inline-block;height:11.34pt;width:1.57pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Bases de Presentaci\u00f3n de las Cuentas Anuales Consolidadas</span></div><div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">El Grupo Meli\u00e1 Hotels International presenta sus cuentas anuales consolidadas de acuerdo con las Normas Internacionales de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.32pt\">Informaci\u00f3n Financiera (NIIF) y sus interpretaciones (CINIIF) en vigor a </span><span class=\"f charStyle-f47c836a ps1185\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps1186_1\" style=\"width:129.9pt\">, publicadas por el International</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.78pt\">Accounting Standard Board (IASB) y adoptadas por la Uni\u00f3n Europea.</span></div><div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Estas cuentas anuales consolidadas son formuladas por el Consejo de Administraci\u00f3n de la sociedad dominante y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:414.28pt\">pendientes de aprobaci\u00f3n por la Junta General de Accionistas, esperando sean aprobadas sin cambios.</span></div><div class=\"ps1193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las cifras del Balance, de la Cuenta de p\u00e9rdidas y ganancias, del Estado del resultado global, del Estado de cambios en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1194 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">patrimonio neto, del Estado de flujos de efectivo, as\u00ed como las Notas de la memoria, todos ellos consolidados, se expresan en</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1195_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:262.87pt\">euros, redondeados a miles, excepto que se indique lo contrario.</span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las cuentas anuales consolidadas del Grupo se han elaborado de acuerdo con el enfoque del coste hist\u00f3rico, entendido como el</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">valor razonable de la contraprestaci\u00f3n dada o recibida a cambio de bienes y servicios, excepto para las partidas recogidas en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">el ep\u00edgrafe de inversiones inmobiliarias, y para los instrumentos financieros clasificados como activos y pasivos financieros a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor razonable con cambios en resultados y a valor razonable con cambios en otro resultado global, que son valorados a valor</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">razonable (ver Nota 4.9). Cabe mencionar que los saldos provenientes de las sociedades venezolanas y argentinas del Grupo</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">han sido reexpresados a coste corriente, seg\u00fan la NIC 29, al considerarse este pa\u00eds como una econom\u00eda hiperinflacionaria (ver</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:45.58pt\">Nota 3.14).</span></div><div class=\"ps1206 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1204\"><span style=\"display:inline-block;height:6.8pt;width:5.33pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Cambios en pol\u00edticas contables, estimaciones y errores.</span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Cambios en las NIIF-UE</span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El Grupo ha adoptado en el presente ejercicio la siguiente modificaci\u00f3n aprobada por la Uni\u00f3n Europea cuya aplicaci\u00f3n no era</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.79pt\">obligatoria en 2024:</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:223.01pt\">Modificaci\u00f3n a la NIC 21: \"Ausencia de convertibilidad\".</span></div><div class=\"ps1213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha modificaci\u00f3n no ha tenido efectos significativos sobre las cuentas anuales consolidadas, ni sobre la situaci\u00f3n financiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.88pt\">del Grupo.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Las siguientes modificaciones de normas han sido emitidas y aprobadas para su uso por la UE con anterioridad a la fecha de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.4pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, pero entrar\u00e1n en vigor en fechas posteriores.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.26pt\">Modificaciones a la NIIF 7 y NIIF 9: \"Clasificaci\u00f3n y Valoraci\u00f3n de Instrumentos Financieros\" y \"Contratos que hacen</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:237.88pt\">referencia a la electricidad dependiente de la naturaleza\".</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:104.32pt\">Mejoras anuales (vol. 11).</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No se espera que dichas modificaciones tengan efectos significativos sobre las cuentas anuales consolidadas, ni sobre la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.97pt\">situaci\u00f3n financiera del Grupo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las normas y modificaciones emitidas con anterioridad a la fecha de formulaci\u00f3n de estas cuentas anuales consolidadas y que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.2pt\">entrar\u00e1n en vigor en fechas posteriores, en caso de que sean adoptadas por la UE, son las siguientes:</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:234.78pt\">NIIF 18: \"Presentaci\u00f3n y desgloses de estados financieros\".</span></div><div class=\"ps1228_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:241.27pt\">NIIF 19: \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:308.75pt\">Modificaci\u00f3n a la NIIF 19 \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.28pt\">Modificaci\u00f3n a la NIIF 21 \"Efectos de las variaciones en las tasas de cambio de la moneda extranjera: Conversi\u00f3n a una</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:179.22pt\">moneda de presentaci\u00f3n hiperinflacionaria\".</span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">No se espera que la adopci\u00f3n de las normas anteriormente mencionadas suponga impactos materiales en los estados</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.51pt\">financieros del Grupo, excepto por la presentaci\u00f3n y desglose establecidos por la NIIF18. </span><span class=\"f charStyle-f47c836a ps1234_1\" style=\"width:137pt\">En relaci\u00f3n con esta Norma, con</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">fecha 13 de febrero de 2026 se ha producido el endoso por parte de la Uni\u00f3n Europea.\u00a0 El Grupo est\u00e1 evaluando actualmente</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">los cambios necesarios en los estados financieros consolidados, los sistemas de informaci\u00f3n y las comunicaciones, con el fin de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.41pt\">cumplir con los requisitos establecidos en la nueva norma que entrar\u00e1 en vigor a partir del 1 de enero de 2027.</span></div><div class=\"ps1241_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1240_1\"><span style=\"display:inline-block;height:6.8pt;width:4.1pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Imagen fiel</span></div><div class=\"ps1242_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las presentes cuentas anuales consolidadas han sido preparadas a partir de los registros contables internos de la sociedad</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1243 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">matriz, Meli\u00e1 Hotels International, S.A. y de los registros contables del resto de sociedades que integran el per\u00edmetro de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1245 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">consolidaci\u00f3n detallado en los Anexos 1 y 2, debidamente ajustados seg\u00fan los principios contables establecidos en las NIIF</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1246_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">adoptadas por la UE, y muestran la imagen fiel del patrimonio, de la situaci\u00f3n financiera, del resultado de la Compa\u00f1\u00eda y de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1248_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:272.07pt\">los flujos de efectivo habidos durante el correspondiente ejercicio.</span><span class=\"f charStyle-f47c836a ps1247_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1250_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1249_1\"><span style=\"display:inline-block;height:6.8pt;width:4.11pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Comparaci\u00f3n de la informaci\u00f3n</span></div><div class=\"ps1251 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Se presenta Balance, Cuenta de p\u00e9rdidas y ganancias, Estado del resultado global, Estado de cambios en el patrimonio neto y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.09pt\">Estado de flujos de efectivo, todos ellos consolidados, del ejercicio </span><span class=\"f charStyle-f47c836a ps1252\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1253_1\" style=\"width:188.5pt\"> y, a efectos comparativos, los del ejercicio </span><span class=\"f charStyle-f47c836a ps1254\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1255\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1257_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Asimismo, se han reexpresado determinados cuadros comparativos de 2024 para alinearlo con la nueva presentaci\u00f3n adoptada</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1258 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:34.66pt\">en 2025.</span></div><div class=\"ps1260 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.37pt\">2.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1259\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.89pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:170.69pt\">Medidas alternativas de rendimiento</span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Se desglosan a continuaci\u00f3n las principales medidas alternativas del rendimiento (o APM, por sus siglas en ingl\u00e9s) utilizadas por</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">la Compa\u00f1\u00eda, as\u00ed como su base de c\u00e1lculo, entendiendo como tales aquellas medidas del rendimiento financiero pasado o</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.14pt\">futuro, de la situaci\u00f3n financiera o de flujos de efectivo.</span><span class=\"f charStyle-f47c836a ps1263\" style=\"width:2.71pt\"> </span></div><div class=\"ps1265_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Principales indicadores financieros</span></div><div class=\"ps1266 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El Grupo emplea diversos subtotales del Resultado de explotaci\u00f3n (o EBIT, por sus siglas en ingl\u00e9s). Estos subtotales se</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1267_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">encuentran desglosados en la Cuenta de p\u00e9rdidas y ganancias consolidada, donde se puede observar su conciliaci\u00f3n respecto</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1268 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.04pt\">del Resultado de explotaci\u00f3n, as\u00ed como sus valores comparativos.</span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">EBITDAR (Earnings Before Interest, Tax, Depreciation, Amortization &amp; Rent): Resultado antes de intereses, impuestos,</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.25pt\">depreciaci\u00f3n, amortizaci\u00f3n y alquiler de hotel variable. Su utilidad reside en permitir la comparabilidad entre las</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">unidades de negocio hoteleras explotadas por el Grupo, independientemente de la estructura mediante la cual se hayan</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:156.27pt\">adquirido los derechos de explotaci\u00f3n.</span></div><div class=\"ps1276 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">EBITDA (Earnings Before Interest, Tax, Depreciation &amp; Amortization): Resultado antes de intereses, impuestos,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1278 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">depreciaci\u00f3n y amortizaci\u00f3n. Su utilidad es la de ofrecer una estimaci\u00f3n del flujo de efectivo neto de las actividades de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">explotaci\u00f3n. A tal efecto, este indicador se reporta tambi\u00e9n como subtotal en el Estado de flujos de efectivo</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:50.71pt\">consolidado.</span></div></div><div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:118.57pt\">Otros indicadores financieros</span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">EBITDAR y EBITDA sin plusval\u00edas: El objetivo de este indicador es ofrecer una medida del resultado operativo de la</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">Compa\u00f1\u00eda que no incluya determinados resultados del segmento inmobiliario, relacionados principalmente con la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">variaci\u00f3n del valor razonable de las inversiones inmobiliarias y la rotaci\u00f3n de activos. Para el c\u00e1lculo del EBITDA sin</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">plusval\u00edas se excluyen tanto ingresos como gastos relacionados con dichas actividades, dando lugar a los Ingresos sin</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:287.12pt\">plusval\u00edas, medida utilizada para el c\u00e1lculo de m\u00e1rgenes sin plusval\u00edas.</span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a\"><span class=\"ps1291_1\">\u00a0 <span style=\"display:inline-block;height:6.63pt;width:8.75pt\"></span></span><span class=\"ps1292\">La conciliaci\u00f3n del EBITDAR y el EBITDA sin plusval\u00edas, respecto de los reportados como subtotal en la Cuenta de </span></span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1270_1\">p\u00e9rdidas y ganancias consolidada, para el ejercicio </span><span class=\"f charStyle-f47c836a ps1293_1\">2025</span><span class=\"f charStyle-f47c836a ps1294\"> se ofrece en el siguiente cuadro:</span></div><div class=\"ps1335_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1334\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:159.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:74.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss76_1\"><div><div class=\"ps649 ss75_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1297 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1296\">Ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1299_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps11558\">Gastos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14285 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1300\">EBITDAR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1303_1 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1302\">Arrendamientos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1304_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps9393\">EBITDA</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss82_1\"><div><div class=\"ps1306 ss75_1\"><span class=\"f charStyle-40b73844 ps1305\">Cuenta de P\u00e9rdidas y Ganancias </span></div><div class=\"ps1308 ss75_1\"><span class=\"f charStyle-40b73844 ps1307\">Consolidada</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1312 ss83_1\"><div><div class=\"ps1311_1 ss108\"><span class=\"f charStyle-40b73844 ps1310_1\">2.096.552</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1314 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.479.548)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1316_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">617.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1318_1 ss18_1\"><div><div class=\"ps1311_1 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(53.392)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1319_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">563.612</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1320 ss76_1\"><div><div class=\"ps649 ss75_1\"><span class=\"f charStyle-10d23c65 ps267\">Plusval\u00edas inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1321 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(18.971)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1323 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps14748\">105</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1325_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(18.866)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1326 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(18.866)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1178 ss76_1\"><div><div class=\"ps649 ss75_1\"><span class=\"f charStyle-40b73844 ps1327\">Sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1329_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1310_1\">2.077.581</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1330 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.479.443)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1331_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">598.138</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1332 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(53.392)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1333_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">544.746</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1337_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.25pt\">El Grupo ha obtenido una variaci\u00f3n de valor positiva, neta de Plusval\u00edas de inmovilizado de 11 millones de euros como</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1338_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:361.98pt\">resultado de la revisi\u00f3n del valor de las inversiones inmobiliarias del Grupo (ver Nota 11).</span></div><div class=\"ps1339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.17pt\">Adicionalmente, los ingresos de Plusval\u00edas de inmovilizado incluyen 7,9 millones de euros correspondientes al segmento</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1340_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:135.02pt\">de rotaci\u00f3n de activos del Grupo.</span></div><div class=\"ps1344_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:314.82pt\">A efectos comparativos, se presenta el c\u00e1lculo de la medida para el ejercicio </span><span class=\"f charStyle-f47c836a ps1341\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1342\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps1343\" style=\"width:2.71pt\"> </span></div><div class=\"ps1355 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1334\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:161.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:74.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss49_1\"><div><div class=\"ps649 ss42_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps613_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-40b73844 ps1816\">Ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1299_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps11558\">Gastos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14285 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1300\">EBITDAR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1303_1 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1302\">Arrendamientos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1304_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps9393\">EBITDA</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss88_1\"><div><div class=\"ps1306 ss42_1\"><span class=\"f charStyle-40b73844 ps1346\">Cuenta de P\u00e9rdidas y Ganancias </span></div><div class=\"ps1308 ss42_1\"><span class=\"f charStyle-40b73844 ps12763\">Consolidada</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1348_1 ss89_1\"><div><div class=\"ps1311_1 ss645\"><span class=\"f charStyle-40b73844 ps637_1\">2.056.282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1314 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.441.778)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1316_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">614.504</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1318_1 ss18_1\"><div><div class=\"ps1311_1 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(39.149)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1319_1 ss84_1\"><div><div class=\"ps1311_1 ss43\"><span class=\"f charStyle-40b73844 ps2926\">575.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1320 ss49_1\"><div><div class=\"ps649 ss42_1\"><span class=\"f charStyle-10d23c65 ps267\">Plusval\u00edas inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1350 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(43.496)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1323 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps588\">1.725</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1325_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(41.771)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps1326 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps11092\">(41.771)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1178 ss49_1\"><div><div class=\"ps649 ss42_1\"><span class=\"f charStyle-40b73844 ps1353_1\">Sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1354_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-40b73844 ps637_1\">2.012.787</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1330 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps1313\">(1.440.053)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1331_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">572.733</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1332 ss81_1\"><div><div class=\"ps649 ss94\"><span class=\"f charStyle-40b73844 ps1317\">(39.149)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1333_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-40b73844 ps2926\">533.584</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1357_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.12pt\">En el ejercicio 2024, el Grupo obtuvo una variaci\u00f3n de valor positiva, neta de Plusval\u00edas de inmovilizado de 39,9</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1359_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.14pt\">millones de euros como resultado de la revisi\u00f3n del valor de las inversiones inmobiliarias del Grupo (ver Nota 10 y Nota</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1360_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:16.02pt\">11).</span></div><div class=\"ps1361 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.14pt\">Los ingresos de Plusval\u00edas de inmovilizado por 3,6 millones de euros correspondieron al segmento de rotaci\u00f3n de activos</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1362_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:42.88pt\">del Grupo.</span></div><div class=\"ps1363 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">Margen EBITDAR y EBITDA sin plusval\u00edas: El concepto de margen ofrece una relaci\u00f3n en forma de porcentaje de los</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1364_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">ingresos que la Compa\u00f1\u00eda es capaz de transformar en resultado operativo. Para la toma de decisiones operativas de la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1366 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Compa\u00f1\u00eda se toman en consideraci\u00f3n las magnitudes de ingresos, EBITDA y EBITDAR sin plusval\u00edas comentadas en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1367_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a\"><span class=\"ps1270_1\" style=\"width:342.79pt\">punto anterior. Se presenta a continuaci\u00f3n el c\u00e1lculo para el ejercicio 2025 y 2024:\u00a0 <span style=\"display:inline-block;height:6.63pt;width:17.21pt\"></span></span></span></div><div class=\"ps1390 ss0_2\"><div class=\"ss94_1 ws0 ps1389_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:249.75pt\"></td><td style=\"padding:0;width:105.75pt\"></td><td style=\"padding:0;width:105.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1371_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1370_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3712 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1370_1\">2024</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps27_2 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-fb61828c ps267\">Ingresos sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1374_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1373_1\">2.077.581</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1375_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1373_1\">2.012.787</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps8399 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-fb61828c ps267\">EBITDAR sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1377_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">598.138</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps14162 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">572.733</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11634 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-c9c26710 ps1379\">Margen EBITDAR sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1381_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">28,79%</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1382_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">28,45%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps11455 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-fb61828c ps267\">EBITDA sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1383 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">544.746</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1384 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-fb61828c ps1376_1\">533.584</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1386 ss91_1\"><div><div class=\"ps649 ss90_1\"><span class=\"f charStyle-c9c26710 ps1385\">Margen EBITDA sin plusval\u00edas</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1387_1 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">26,22%</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1388 ss93_1\"><div><div class=\"ps649 ss92_1\"><span class=\"f charStyle-c9c26710 ps1951\">26,51%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1391_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-195f4023 ps3\">\u00a0 \u00a0 \u00a0 \u00a0 </span></div><div class=\"ps1392 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">Deuda Neta: Es un indicador utilizado para evaluar el apalancamiento financiero. Se calcula como diferencia entre la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.21pt\">deuda con entidades de cr\u00e9dito, emisiones de obligaciones y otros valores negociables y pasivos por arrendamientos a</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:309.35pt\">corto y a largo plazo menos el efectivo y otros medios l\u00edquidos equivalentes.</span><span class=\"f charStyle-f47c836a ps1394_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1291_1\" style=\"width:442.03pt\">\u00a0 \u00a0  La conciliaci\u00f3n de este indicador con los diferentes ep\u00edgrafes del Balance consolidado para los ejercicios </span><span class=\"f charStyle-f47c836a ps1402_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1403\" style=\"width:10.17pt\"> y </span><span class=\"f charStyle-f47c836a ps1404_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1405\" style=\"width:11.41pt\"> se</span><span class=\"f charStyle-f47c836a ps1406_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:97.71pt\">muestra a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps1407\" style=\"width:2.71pt\"> </span></div><div class=\"ps1449_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1410 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-40b73844 ps14425\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-40b73844 ps14978\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Obligaciones y otros valores negociables (no corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1414 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1045\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1416 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps2485\">52.143</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Deudas con entidades de cr\u00e9dito (no corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1418 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1417\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1420 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps1419\">769.022</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Obligaciones y otros valores negociables (corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1423_1 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps10910\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1424 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps2485\">11.242</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Deudas con entidades de cr\u00e9dito (corriente)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1426 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1417\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1427 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps1419\">111.555</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-10d23c65 ps267\">Efectivo y otros medios l\u00edquidos equivalentes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1430_1 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-10d23c65 ps1429_1\">(232.472)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps8242 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-10d23c65 ps10850\">(171.272)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4983 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-40b73844 ps1432\">Deuda Neta sin arrendamientos</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1435 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-40b73844 ps1434\">778.594</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1437 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-40b73844 ps1436\">772.690</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1255 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-fb61828c ps267\">Pasivos por arrendamiento</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1439 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-fb61828c ps9428\">1.422.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1441_1 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-fb61828c ps1440\">1.463.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11368 ss96_1\"><div><div class=\"ps649 ss227\"><span class=\"f charStyle-40b73844 ps1442_1\">Deuda Neta </span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1445_1 ss98_1\"><div><div class=\"ps649 ss26\"><span class=\"f charStyle-c9c26710 ps15881\">2.200.880</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1447_1 ss438\"><div><div class=\"ps649 ss49\"><span class=\"f charStyle-c9c26710 ps14329\">2.236.623</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1451_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">Ratio Deuda Neta sobre EBITDA: Indicador usado habitualmente por analistas financieros, inversores y otros grupos de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1452_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">inter\u00e9s relacionados con la Compa\u00f1\u00eda. Se obtiene como el ratio entre los compromisos de pago (Deuda Neta) y la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1453 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">capacidad de generaci\u00f3n de flujos netos de la operaci\u00f3n (EBITDA sin plusval\u00edas) de la Compa\u00f1\u00eda. Se presenta a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1454 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:215.79pt\">continuaci\u00f3n el c\u00e1lculo para el ejercicio 2025 y 2024:</span></div><div class=\"ps1469 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1410 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1457 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps2312\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Deuda Neta</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1414 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps10828\">2.200.880</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1460 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-934a7fa2 ps1459_1\">2.236.623</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">EBITDA sin plusval\u00edas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1418 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps1461_1\">544.746</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1463 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-934a7fa2 ps9218\">533.584</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps1464\">Deuda Neta sobre EBITDA</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1466_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps1955\">4,04</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1468_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps10824\">4,19</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">GAV (Gross Asset Value): La Compa\u00f1\u00eda realiza de forma peri\u00f3dica una valoraci\u00f3n de sus activos fijos no financieros por</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1471 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:107.76pt\">un experto independiente.</span></div><div class=\"ps1472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.23pt\">El Valor Bruto de Activo (o GAV, por sus siglas en ingl\u00e9s) es la suma agregada del resultado de dicha valoraci\u00f3n para</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1473 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.2pt\">todos los activos en propiedad del Grupo, y de los activos en propiedad de entidades asociadas y negocios conjuntos</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1475 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.11pt\">ponderado por el porcentaje de participaci\u00f3n del Grupo sobre dichas entidades. En la Nota 10 se desglosa el Valor Bruto</span><span class=\"f charStyle-f47c836a ps1474\" style=\"width:2.71pt\"> </span></div><div class=\"ps1476_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:310.03pt\">de Activo para ambos grupos de activos de acuerdo con la \u00faltima valoraci\u00f3n.</span></div><div class=\"ps1477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:132.56pt\">Estad\u00edsticos de gesti\u00f3n hotelera:</span></div><div class=\"ps1479_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">La industria hotelera utiliza unos estad\u00edsticos b\u00e1sicos para el an\u00e1lisis de la forma en que sus establecimientos hoteleros son</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1480 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.49pt\">capaces de generar ingresos y de c\u00f3mo \u00e9stos evolucionan en el tiempo.</span></div><div class=\"ps1481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los indicadores que se desglosan a continuaci\u00f3n afectan \u00fanicamente al negocio hotelero desglosado como segmento en la Nota</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1482_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:8.01pt\">6.</span></div><div class=\"ps1366 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">Tasa de Ocupaci\u00f3n: es el resultado en forma de porcentaje de dividir las habitaciones ocupadas entre las habitaciones</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1367_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">disponibles. Se entienden por habitaciones disponibles el n\u00famero de habitaciones f\u00edsicas multiplicado por el n\u00famero de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1483_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">d\u00edas que la habitaci\u00f3n ha estado en disposici\u00f3n de ser ocupada. Asimismo, las habitaciones ocupadas (vendidas) se</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1484_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:463.11pt\">calculan como el n\u00famero de d\u00edas que las habitaciones f\u00edsicas han sido efectivamente ocupadas durante el periodo.</span></div><div class=\"ps1485_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.26pt\">El indicador ofrece una medida del uso de la capacidad disponible de los hoteles y es usada por el equipo gestor para</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1486_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:487.12pt\">medir la demanda de un hotel o grupo de hoteles espec\u00edficos en un determinado periodo. Asimismo, tambi\u00e9n sirve para</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1487_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:420.1pt\">fijar la tarifa promedio por habitaci\u00f3n en funci\u00f3n de si la demanda de habitaciones aumenta o decrece.</span></div><div class=\"ps1488_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps221\">El detalle del c\u00e1lculo de la tasa de ocupaci\u00f3n de los hoteles explotados en r\u00e9gimen de alquiler y propiedad por el Grupo </span></div><div class=\"ps1493_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps221\">para los ejercicios </span><span class=\"f charStyle-f47c836a ps1489\">2025</span><span class=\"f charStyle-f47c836a ps1490\"> y </span><span class=\"f charStyle-f47c836a ps1491\">2024</span><span class=\"f charStyle-f47c836a ps1492\"> se muestra en el siguiente cuadro:</span></div><div class=\"ps1508_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1334\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:281.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(n\u00ba de habitaciones)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1494_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-f47c836a ps267\">Habitaciones disponibles</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1497_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps11268\">10.155.579</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14394 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps11268\">10.001.026</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-f47c836a ps267\">Habitaciones ocupadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1501_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1500\">7.155.501</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1502_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1500\">6.948.236</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss102_1\"><div><div class=\"ps482 ss101_1\"><span class=\"f charStyle-4ed8e3ec ps1503\">Tasa de ocupaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1506_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1505\">70,5%</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1507_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps1505\">69,5%</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.25pt\">ARR (Average room rate): El precio medio por habitaci\u00f3n se calcula dividiendo el total de ingresos por habitaci\u00f3n (ver</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">Nota 7.1) entre las habitaciones ocupadas. Mide el precio medio por habitaci\u00f3n alcanzado por un hotel en un</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">determinado periodo y proporciona una valiosa informaci\u00f3n relativa a din\u00e1micas de precios y naturaleza de los clientes</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">de un determinado hotel o grupo de hoteles. Es una m\u00e9trica utilizada ampliamente en la industria y por el equipo</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">gestor para evaluar los precios que la Compa\u00f1\u00eda es capaz de cobrar en funci\u00f3n del tipo de cliente. Asimismo, los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">cambios en la tarifa promedio por habitaci\u00f3n tienen un impacto diferente tanto en ingresos, como en la rentabilidad</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:460.88pt\">del negocio, de aquellos producidos en la tasa de ocupaci\u00f3n. El resultado del c\u00e1lculo del ARR para los ejercicios </span><span class=\"f charStyle-f47c836a ps1517\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps12002\" style=\"width:7.41pt\"> y</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1520\" style=\"width:14.55pt\"> es:</span></div><div class=\"ps1530_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(en miles)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1410 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps2312\">2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-934a7fa2 ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1524_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-f47c836a ps919\">1.255.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14394 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps1500\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-934a7fa2 ps267\">Habitaciones ocupadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1525_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-934a7fa2 ps919\">7.155.501</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1502_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-934a7fa2 ps1500\">6.948.236</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps1526\">ARR (euros)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1528_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-28c2751e ps1527\">175,46</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1507_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-28c2751e ps1529\">171,93</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1532_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">RevPar (Revenue per available room): El ingreso por habitaci\u00f3n disponible es el resultado de dividir los ingresos totales</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1533_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">por habitaci\u00f3n (ver Nota 7.1) entre el n\u00famero de habitaciones disponibles. Es una m\u00e9trica importante para el equipo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.11pt\">gestor a la hora de evaluar el comportamiento del negocio, ya que est\u00e1 correlacionada con los dos indicadores</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1535_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">principales de las operaciones de un hotel o grupo de hoteles: la tasa de ocupaci\u00f3n y la tarifa promedio por habitaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1536_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">Asimismo, el RevPar se utiliza para medir y comparar el comportamiento en periodos comparables entre hoteles</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1537_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:38.93pt\">similares.</span></div><div class=\"ps1543_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps221\" style=\"width:219.2pt\">El resultado del c\u00e1lculo del RevPar para los ejercicios </span><span class=\"f charStyle-f47c836a ps1538\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1539\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps1540\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1541\" style=\"width:14.55pt\"> es:</span><span class=\"f charStyle-f47c836a ps1542\" style=\"width:2.71pt\"> </span></div><div class=\"ps1548_1 ss0_2\"><div class=\"ss85_1 ws0 ps1448_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:92.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(en miles)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1410 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-4ed8e3ec ps2312\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11435 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1524_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-f47c836a ps1459_1\">1.255.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14394 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps10828\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-934a7fa2 ps267\">Habitaciones disponibles</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1525_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-f47c836a ps12454\">10.155.579</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1502_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1545\">10.001.026</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps1546\">RevPAR (euros)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1528_1 ss98_1\"><div><div class=\"ps482 ss26\"><span class=\"f charStyle-4ed8e3ec ps1527\">123,63</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1507_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1547\">119,45</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1550_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.92pt\">2.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1549\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:66.15pt\">Consolidaci\u00f3n</span></div><div class=\"ps1551_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dependientes</span></div><div class=\"ps1552_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Dependientes son todas las entidades sobre las que el Grupo ejerce un control efectivo, que generalmente viene acompa\u00f1ado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:263.26pt\">de una participaci\u00f3n superior a la mitad de los derechos de voto.</span></div><div class=\"ps1554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Adem\u00e1s del porcentaje de participaci\u00f3n, a la hora de evaluar si existe control sobre una entidad, el Grupo considera los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1555_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.84pt\">siguientes aspectos:</span></div><div class=\"ps1556_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:364.79pt\">Poder sobre la participada, otorg\u00e1ndole la capacidad de dirigir sus actividades relevantes.</span></div><div class=\"ps1557_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:347.94pt\">Derecho a los rendimientos variables procedentes de su implicaci\u00f3n en la participada.</span></div><div class=\"ps1558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:438.18pt\">Capacidad de utilizar su poder sobre la participada para influir en el importe de los rendimientos obtenidos.</span></div><div class=\"ps1559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Seg\u00fan el m\u00e9todo de la integraci\u00f3n global, los estados financieros de las entidades dependientes se consolidan a partir de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1561_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">fecha en que se transfiere el control al Grupo, y se excluyen de la consolidaci\u00f3n en la fecha en que cesa el mismo. Se eliminan</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:214.01pt\">en su totalidad los saldos y transacciones intragrupo.</span></div><div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Asociadas y Negocios conjuntos</span></div><div class=\"ps1564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asociadas son todas las entidades sobre las que el Grupo ejerce influencia significativa pero no tiene control. Generalmente,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">viene acompa\u00f1ado de un porcentaje de participaci\u00f3n que oscila entre el 20% y el 50% de los derechos de voto, y consiste en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.13pt\">poder de participar en las pol\u00edticas operativas y financieras de la participada.</span></div><div class=\"ps1567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Negocios conjuntos son acuerdos conjuntos en los que las partes que poseen el control conjunto de dicho acuerdo ostentan</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">derechos sobre los activos netos de \u00e9ste. En virtud de estos acuerdos, se requiere el consentimiento un\u00e1nime de todas las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.86pt\">partes que comparten el control.</span></div><div class=\"ps1570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las asociadas y negocios conjuntos se consolidan aplicando el m\u00e9todo de la participaci\u00f3n. Seg\u00fan este m\u00e9todo, el importe en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">libros de la inversi\u00f3n se reconoce inicialmente a coste, y se incrementa o disminuye para reconocer la participaci\u00f3n del Grupo</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en los resultados y en los ingresos y gasto reconocidos directamente en el patrimonio de la asociada o negocio conjunto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">despu\u00e9s de la fecha de adquisici\u00f3n. La inversi\u00f3n del Grupo en entidades asociadas y negocios conjuntos incluye el fondo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.81pt\">comercio identificado en la adquisici\u00f3n.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La participaci\u00f3n del Grupo en las p\u00e9rdidas o ganancias posteriores a la adquisici\u00f3n de sus entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">conjuntos se reconoce en el ep\u00edgrafe Resultado de entidades valoradas por el m\u00e9todo de la participaci\u00f3n de la Cuenta de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias consolidada, y su participaci\u00f3n en los movimientos en el otro resultado global se reconoce directamente</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:356.88pt\">en patrimonio neto, con el correspondiente ajuste del importe en libros de su inversi\u00f3n.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En los casos en que, como consecuencia de las p\u00e9rdidas acumuladas en que haya incurrido una asociada o negocio conjunto, su</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">patrimonio sea negativo, el Grupo a\u00f1ade el importe de cualquier otra partida que sea susceptible de ser considerada como</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mayor valor de la inversi\u00f3n neta hasta reducir dicha inversi\u00f3n a cero. A partir de entonces, la Compa\u00f1\u00eda tiene en cuenta las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">p\u00e9rdidas adicionales mediante reconocimiento de un pasivo s\u00f3lo en la medida en que incurre en obligaciones legales o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:360.25pt\">impl\u00edcitas, o bien haya efectuado pagos en nombre de la participada o negocio conjunto.</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En la actualidad, el Grupo no participa en operaciones conjuntas que deban ser integradas por el m\u00e9todo de la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.05pt\">proporcional.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.14pt\">Homogeneizaci\u00f3n temporal y valorativa</span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La totalidad de las sociedades dependientes incluidas en el per\u00edmetro de consolidaci\u00f3n cierran su ejercicio social el 31 de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:485.3pt\">diciembre, habi\u00e9ndose empleado a efectos del proceso de consolidaci\u00f3n las respectivas cuentas anuales del ejercicio </span><span class=\"f charStyle-f47c836a ps1583\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1584\" style=\"width:11.37pt\">, o</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en caso de no haber sido a\u00fan formuladas, los registros contables respectivos, una vez realizados los ajustes de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:357.67pt\">homogeneizaci\u00f3n valorativa a las NIIF adaptadas por la Uni\u00f3n Europea correspondientes.</span></div><div class=\"ps1588_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Combinaciones de negocios</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Si la combinaci\u00f3n de negocios se realiza por etapas, el importe en libros en la fecha de adquisici\u00f3n de la participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">patrimonio neto de la adquirida anteriormente mantenido por la adquirente se vuelve a valorar al valor razonable en la fecha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:494.38pt\">de adquisici\u00f3n; cualquier p\u00e9rdida o ganancia que surja de esta nueva valoraci\u00f3n se reconoce en el resultado del ejercicio.</span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En las combinaciones de negocios, el exceso entre el coste de la combinaci\u00f3n y la participaci\u00f3n de la entidad adquirente en el</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">valor razonable neto de los activos, pasivos y pasivos contingentes identificables as\u00ed recogidos, se presenta dentro del ep\u00edgrafe</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:179.41pt\">Fondo de comercio del Balance consolidado.</span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">En su caso, el exceso entre la participaci\u00f3n de la entidad adquirente despu\u00e9s de haber reconsiderado la identificaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">valoraci\u00f3n de los activos, pasivos y pasivos contingentes identificables y el coste de la combinaci\u00f3n de negocios se reconoce en</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.67pt\">el resultado del ejercicio.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En su primera adopci\u00f3n de las NIIF, el Grupo no aplic\u00f3 de forma retroactiva la NIIF 3 sobre combinaciones de negocios que</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ocurrieron antes de la fecha de transici\u00f3n, acogi\u00e9ndose a la exenci\u00f3n recogida en la NIIF 1 \u201cAdopci\u00f3n por primera vez de las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Normas Internacionales de Informaci\u00f3n Financiera\u201d, por lo tanto, los fondos de comercio existentes en normativa espa\u00f1ola al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">31 de diciembre de 2003, netos de la amortizaci\u00f3n acumulada hasta tal fecha, se imputaron a fondo de comercio dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.11pt\">ep\u00edgrafe de Activos intangibles</span><span class=\"f charStyle-f47c836a ps1602\" style=\"width:3.3pt\">.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Cambios de porcentaje de participaci\u00f3n en sociedades dependientes sin cambio de control</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Una vez que se obtiene el control, las operaciones posteriores en las que la sociedad dominante adquiere m\u00e1s participaciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">no dominantes o enajena participaciones sin perder el control, se contabilizan como transacciones con instrumentos de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:151.52pt\">patrimonio, de lo que se deduce que:</span></div><div class=\"ps1607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">Cualquier diferencia entre el importe por el que se ajustan las participaciones no dominantes y el valor razonable de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">contraprestaci\u00f3n pagada o recibida se reconoce directamente en el patrimonio neto consolidado y se atribuye a los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:157.97pt\">propietarios de la sociedad dominante.</span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">No se realiza ning\u00fan ajuste en el importe en libros del fondo de comercio ni se reconocen ganancias o p\u00e9rdidas en la</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1611_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:180.36pt\">Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:158.88pt\">Venta de participaciones controladoras</span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Cuando el Grupo deja de tener control en una entidad dependiente, la participaci\u00f3n retenida se registra a su valor razonable</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">en la fecha en que se pierde el control, reconoci\u00e9ndose la variaci\u00f3n del importe en libros en el resultado del ejercicio. En la</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1615_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">medida que se trate de una sociedad propietaria de un hotel, el resultado se reporta como Plusval\u00edas de inmovilizado en la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Cuenta de p\u00e9rdidas y ganancias consolidada (ver Nota 3.10). El valor razonable es el importe en libros inicial a efectos de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.73pt\">contabilizaci\u00f3n posterior de la participaci\u00f3n retenida como entidad asociada, negocio conjunto o activo financiero.</span></div><div class=\"ps1616_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:149.13pt\">P\u00e9rdida de la influencia significativa</span></div><div class=\"ps1617_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Si se deja de tener influencia significativa en la entidad asociada o negocio conjunto, el Grupo valora y reconoce la inversi\u00f3n</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1618_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">mantenida a su valor razonable. Cualquier diferencia entre el valor en libros de la entidad asociada en el momento de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">p\u00e9rdida de la influencia significativa y el valor razonable de la inversi\u00f3n mantenida m\u00e1s los productos de la venta se reconoce</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.6pt\">en la Cuenta de p\u00e9rdidas y ganancias consolidadas.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:146.35pt\">Eliminaci\u00f3n de operaciones internas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Se han eliminado los distintos saldos rec\u00edprocos por operaciones internas de pr\u00e9stamo, arrendamiento, dividendos, activos y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">pasivos financieros, compraventa de existencias e inmovilizado y prestaci\u00f3n de servicios. En relaci\u00f3n con las operaciones de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">compraventa, se ha retrocedido el margen de beneficio no realizado frente a terceros para mostrar los bienes</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:409.79pt\">correspondientes a su valor de coste, ajust\u00e1ndose consecuentemente las amortizaciones practicadas.</span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:123.54pt\">Participaciones no dominantes</span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Bajo este ep\u00edgrafe del Balance consolidado figura la parte proporcional del patrimonio que corresponda a las participaciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.06pt\">no dominantes del Grupo calculado de acuerdo a la NIIF 10.</span></div><div class=\"ps1624_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Resultado atribuido a participaciones no dominantes</span></div><div class=\"ps1625_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Es la participaci\u00f3n en los beneficios o p\u00e9rdidas consolidados del ejercicio que corresponde a las participaciones no</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1626_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:49.8pt\">dominantes.</span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Conversi\u00f3n de las cuentas anuales de las sociedades extranjeras</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">Todos los activos y pasivos de las sociedades cuya moneda funcional es distinta al euro y que se integran en la consolidaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.26pt\">se convierten a euros utilizando el tipo de cambio al cierre de cada ejercicio.</span></div><div class=\"ps1628_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las partidas de la Cuenta de p\u00e9rdidas y ganancias se han convertido a los tipos de cambio existentes en las fechas en las que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:191.45pt\">se realizaron las correspondientes operaciones.</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La diferencia entre el importe del patrimonio de las sociedades extranjeras, incluido el saldo de la Cuenta de p\u00e9rdidas y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ganancias calculado conforme al apartado anterior, convertidos al tipo de cambio hist\u00f3rico y la situaci\u00f3n patrimonial neta que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1632_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resulte de la conversi\u00f3n de los activos y pasivos conforme al primer p\u00e1rrafo, se registra con signo positivo o negativo, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1633_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">corresponda, en el patrimonio neto del Balance consolidado en la partida Diferencias de conversi\u00f3n, deducida la parte que de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">dicha diferencia corresponda a las participaciones no dominantes, que aparece en el ep\u00edgrafe Participaciones no dominantes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:182.93pt\">del patrimonio neto del Balance consolidado.</span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El fondo de comercio y los ajustes a valor razonable de las partidas del Balance que surgen en el momento de la toma de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">participaci\u00f3n de una entidad extranjera, son tratados como activos y pasivos de la entidad adquirida y, por tanto, se</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">convierten al tipo de cambio de cierre, reconoci\u00e9ndose las diferencias de cambio que surjan en la citada partida Diferencias</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:58.82pt\">de conversi\u00f3n.</span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En el momento de la enajenaci\u00f3n, total o parcial, o devoluci\u00f3n de aportaciones, de una sociedad cuya moneda funcional es</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">diferente al euro, las diferencias de conversi\u00f3n acumuladas desde el 1 de enero de 2004 (fecha de transici\u00f3n a NIIF)</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocidas en el patrimonio neto consolidado, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.91pt\">componente del beneficio o p\u00e9rdida de la enajenaci\u00f3n.</span></div><div class=\"ps1644_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Valoraciones y estimaciones contables</span></div><div class=\"ps1645_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En la preparaci\u00f3n de las cuentas anuales consolidadas del Grupo, los administradores de la sociedad dominante han tenido que</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1646_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">utilizar juicios, estimaciones y asunciones que afectan a la aplicaci\u00f3n de las pol\u00edticas contables descritas en la Nota 3 y a los</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">saldos de activos, pasivos, ingresos y gastos y al desglose de activos y pasivos contingentes a la fecha de emisi\u00f3n de las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1648_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:162.87pt\">presentes cuentas anuales consolidadas.</span></div><div class=\"ps1649_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las estimaciones y las asunciones relacionadas est\u00e1n basadas en la experiencia hist\u00f3rica y en otros factores diversos que son</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1650_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">entendidos como razonables y relevantes de acuerdo con las circunstancias, cuyos resultados constituyen la base para</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">establecer los juicios sobre el valor contable de los activos y pasivos que no son f\u00e1cilmente disponibles mediante otras</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1652_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">fuentes. Las estimaciones y asunciones respectivas son revisadas de forma continuada; los efectos de las revisiones de las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1653_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">estimaciones contables son reconocidos en el per\u00edodo en el cual se realizan, si \u00e9stas afectan s\u00f3lo a ese per\u00edodo, o en el</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1654_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">per\u00edodo de la revisi\u00f3n y futuros, si la revisi\u00f3n afecta a ambos. Sin embargo, la incertidumbre inherente a las estimaciones y</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asunciones podr\u00eda conducir a resultados que podr\u00edan requerir un ajuste de los valores contables de los activos y pasivos</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">afectados en el futuro.</span></div><div class=\"ps1655_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Las estimaciones realizadas se han detallado, en su caso, en cada una de las notas explicativas de los ep\u00edgrafes del Balance</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">consolidado. A continuaci\u00f3n, se explican las estimaciones y juicios que tienen un impacto m\u00e1s significativo en los importes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:433.53pt\">reconocidos en los estados financieros consolidados y que pueden suponer ajustes en los ejercicios futuros:</span></div><div class=\"ps1659_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:342.67pt\">P\u00e9rdida estimada por deterioro del fondo de comercio y otros activos no financieros</span><span class=\"f charStyle-8dfb1947 ps1658\" style=\"width:2.71pt\"> </span></div><div class=\"ps1660_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo comprueba anualmente si los fondos de comercio y otros activos inmovilizados han sufrido alguna p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1661_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">deterioro del valor, de acuerdo a lo indicado en las Notas 3.1, 3.2 y 3.11. Los importes recuperables de las unidades</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1662_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">generadoras de efectivo en arrendamiento y las no hoteleras a las que est\u00e1n asociados fondos de comercio se han determinado</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1663_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.18pt\">en base a c\u00e1lculos del valor en uso.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Por su parte, los importes recuperables de las unidades generadoras de efectivo en propiedad se han determinado en base a</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor razonable estimado en virtud de tasaciones realizadas por expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:293.22pt\">descuento de flujos de efectivo previstos procedentes de dichos activos.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Estos c\u00e1lculos se fundamentan en hip\u00f3tesis razonables en funci\u00f3n de los rendimientos pasados obtenidos y las expectativas de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:185.76pt\">producci\u00f3n y desarrollo del mercado a futuro.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No obstante, las proyecciones de flujos de efectivo contienen un elevado grado de incertidumbre debido a los efectos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">potenciales que tienen sobre la tasa de ocupaci\u00f3n y el precio medio de la habitaci\u00f3n factores tales como el contexto</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">geopol\u00edtico, la inflaci\u00f3n, o los riesgos medioambientales, entre otros aspectos, lo que podr\u00eda conducir a ajustes de los valores</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">contables de los activos de las unidades generadoras de efectivo en el futuro, particularmente de las de arrendamiento, dado</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:482.91pt\">el elevado margen existente entre el valor razonable y el valor en libros de la mayor parte de los activos en propiedad.</span><span class=\"f charStyle-f47c836a ps13795\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Impuestos sobre las ganancias</span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">El c\u00e1lculo del impuesto sobre las ganancias requiere interpretaciones de la normativa fiscal aplicable a todos los pa\u00edses en los</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">que est\u00e1n presentes las sociedades del Grupo. Adem\u00e1s, existen varios factores, ligados principal y no exclusivamente a los</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cambios e interpretaciones de las leyes fiscales actualmente en vigor, que requieren la realizaci\u00f3n de estimaciones por parte</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:183.54pt\">de los administradores de la sociedad matriz.</span></div><div class=\"ps1670_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Los administradores de la sociedad dominante tienen que realizar estimaciones significativas para determinar el importe de los</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1671_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">activos por impuesto diferido que se pueden registrar, teniendo en cuenta los importes y las fechas en las que se obtendr\u00e1n las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1673_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:380.29pt\">ganancias fiscales futuras y el periodo de reversi\u00f3n de las diferencias temporarias imponibles.</span><span class=\"f charStyle-f47c836a ps1672\" style=\"width:2.71pt\"> </span></div><div class=\"ps1674_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Cuando existe incertidumbre frente a los tratamientos del impuesto sobre las ganancias, el Grupo eval\u00faa si es probable que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">una autoridad tributaria acepte un tratamiento fiscal incierto. Si llega a la conclusi\u00f3n de que es\u00a0 probable que la autoridad</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">tributaria acepte un tratamiento fiscal incierto, se refleja el efecto de la incertidumbre sobre la ganancia (p\u00e9rdida) fiscal, las</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">bases fiscales, las p\u00e9rdidas o cr\u00e9ditos fiscales no utilizados o los tipos impositivos correspondientes. El efecto de la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1678_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">incertidumbre se refleja utilizando el m\u00e9todo que, en cada caso, mejor prefigure la resoluci\u00f3n de la incertidumbre: el importe</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">m\u00e1s probable o el valor esperado. Para cada caso, la Compa\u00f1\u00eda eval\u00faa si debe considerar cada tratamiento fiscal incierto por</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">separado, o conjuntamente con otro o varios otros tratamientos fiscales inciertos, en funci\u00f3n del planteamiento que mejor</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:176.96pt\">prefigure la resoluci\u00f3n de la incertidumbre.</span></div><div class=\"ps1682_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:464.71pt\">En la Nota 19 se incluyen los desgloses relacionados con las estimaciones relativas al impuesto sobre las ganancias.</span></div><div class=\"ps1683 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:221.71pt\">Valor razonable de instrumentos financieros derivados</span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El valor razonable de aquellos instrumentos financieros derivados que no se negocian en un mercado activo se determina</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">utilizando t\u00e9cnicas de valoraci\u00f3n, tal como se indica en la Nota 3.5. El Grupo utiliza su juicio para seleccionar una serie de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">m\u00e9todos y realiza hip\u00f3tesis que se basan principalmente en las condiciones del mercado existentes en la fecha de cada</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1684_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Balance consolidado. La mayor parte de estas valoraciones se obtienen de las entidades financieras con las que fueron</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1685_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:428.61pt\">contratados los instrumentos \u00f3 se determinan por referencia a valor razonable del activo del que derivan.</span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Valor razonable de inversiones inmobiliarias</span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">El Grupo ha optado por valorar las inversiones inmobiliarias seg\u00fan el modelo de valor razonable. La estimaci\u00f3n de este valor</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">razonable se realiza, en su mayor parte, en base a tasaciones realizadas por expertos independientes mediante t\u00e9cnicas de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">valoraci\u00f3n de descuento de flujos de efectivo previstos procedentes de dichos activos, as\u00ed como actualizaciones peri\u00f3dicas de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157.75pt\">la Compa\u00f1\u00eda en base a dichos estudios.</span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaciones post-empleo</span></div><div class=\"ps1687_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El coste de los planes de pensiones de prestaci\u00f3n definida se determina mediante valoraciones actuariales. Las valoraciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">actuariales requieren la utilizaci\u00f3n de hip\u00f3tesis sobre los tipos de descuento, la rentabilidad de los activos, los incrementos de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1688_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">los salarios, las tablas de mortalidad y rotaci\u00f3n, as\u00ed como sobre la edad de jubilaci\u00f3n de los empleados con derecho a estas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1689_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">prestaciones. Estas estimaciones est\u00e1n sujetas a incertidumbres significativas debido al largo plazo de liquidaci\u00f3n de estos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:29.13pt\">planes.</span></div><div class=\"ps1690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La valoraci\u00f3n de estas obligaciones ha sido calculada por expertos independientes de reconocido prestigio, mediante t\u00e9cnicas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1691_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:513.92pt\">de valoraci\u00f3n actuarial. En la Nota 16.2 se ofrecen detalles sobre las hip\u00f3tesis utilizadas para el c\u00e1lculo de estos compromisos.</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Inflaci\u00f3n y tipo de cambio a aplicar en la consolidaci\u00f3n de filiales venezolanas y argentinas</span></div><div class=\"ps1692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En octubre de 2021, Venezuela sustituy\u00f3 al Bol\u00edvar soberano (VES), aplicado hasta ese momento, por el Bol\u00edvar digital (VED),</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1693_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.23pt\">dividiendo el valor de la nueva moneda por 1.000.000 (1VED=1.000.000 VES).</span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Sin embargo, desde el ejercicio 2017, y debido a que contin\u00faa la compleja situaci\u00f3n econ\u00f3mica y pol\u00edtica que atraviesa el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">pa\u00eds, la Compa\u00f1\u00eda considera que los distintos tipos de cambio oficiales no reflejan la realidad econ\u00f3mica del pa\u00eds y, por tanto,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1694_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tom\u00f3 la decisi\u00f3n de estimar internamente el tipo de cambio m\u00e1s apropiado para la integraci\u00f3n de los estados financieros de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1696_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:96.75pt\">sus filiales venezolanas.</span><span class=\"f charStyle-f47c836a ps1695\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Este tipo de cambio estimado, basado en la fuerte inflaci\u00f3n a la que est\u00e1n sometidos los precios de los bienes y servicios del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">pa\u00eds, se ha calculado en base al \u00faltimo tipo de cambio oficial de 2014, actualizado por la inflaci\u00f3n correspondiente en cada</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:123.12pt\">ejercicio a partir de entonces.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.81pt\">La inflaci\u00f3n considerada para este c\u00e1lculo en el ejercicio </span><span class=\"f charStyle-f47c836a ps1697\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1698\" style=\"width:134.16pt\"> ha sido de 380,38%, 98,84% en </span><span class=\"f charStyle-f47c836a ps1699_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1700_1\" style=\"width:101.81pt\">, ambas estimaciones en</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">base a estudios de expertos independientes. El Banco Central de Venezuela no ha publicado cifras de inflaci\u00f3n interanual para</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:509.01pt\">El Grupo ha evaluado los impactos de la inflaci\u00f3n en su filial argentina, concluyendo que no son significativos (ver Nota 3.14).</span><span class=\"f charStyle-f47c836a ps1703_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:506.6pt\">El Grupo continuar\u00e1 evaluando la situaci\u00f3n pol\u00edtica y econ\u00f3mica de ambos pa\u00edses, para adoptar cualquier modificaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1704_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.42pt\">tipo de cambio que le resultase aplicable para la consolidaci\u00f3n de sus dependientes venezolanas y argentinas.</span></div><div class=\"ps1706 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Estados de flujos de efectivo</span></div><div class=\"ps1707 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El Estado de flujos de efectivo consolidado recoge los movimientos de tesorer\u00eda realizados durante el ejercicio, calculados por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">el m\u00e9todo indirecto. En el estado de flujos de efectivo consolidado se utilizan las siguientes expresiones en el sentido que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:88.53pt\">figura a continuaci\u00f3n:</span></div><div class=\"ps1709 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">Flujos de efectivo: Entradas y salidas de efectivo o de otros activos l\u00edquidos equivalentes, entendiendo por \u00e9stos las</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:387.6pt\">inversiones a plazo inferior a 3 meses de gran liquidez y bajo riesgo de alteraciones en su valor.</span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">Actividades de explotaci\u00f3n: Son las actividades que constituyen la principal fuente de ingresos ordinarios del Grupo, as\u00ed</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:353.35pt\">como otras actividades que no puedan ser calificadas como de inversi\u00f3n o financiaci\u00f3n.</span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.13pt\">Actividades de inversi\u00f3n: Las de adquisici\u00f3n, enajenaci\u00f3n o disposici\u00f3n por otros medios de activos a largo plazo y otras</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:232.8pt\">inversiones no incluidas en el efectivo y sus equivalentes.</span></div><div class=\"ps1710 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Actividades de financiaci\u00f3n: Actividades que producen cambios en el tama\u00f1o y composici\u00f3n del patrimonio neto y de los</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:124.55pt\">pasivos de car\u00e1cter financiero.</span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los flujos de las actividades de explotaci\u00f3n incluyen la parte correspondiente a las plusval\u00edas generadas por la actividad de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">rotaci\u00f3n de activos, si se realizan operaciones en el ejercicio, mientras que la parte correspondiente al valor neto contable de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.5pt\">los activos enajenados se registra en el ep\u00edgrafe de Actividades de inversi\u00f3n.</span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">En cuanto a los pagos por arrendamientos, se separa el importe total de los flujos de caja pagados en cada ejercicio entre el</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">principal (presentado dentro de actividades de financiaci\u00f3n) y los intereses (presentados asimismo dentro de actividades de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:55.49pt\">financiaci\u00f3n).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-450": {
   "value": "<div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">El Grupo Meli\u00e1 Hotels International presenta sus cuentas anuales consolidadas de acuerdo con las Normas Internacionales de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.32pt\">Informaci\u00f3n Financiera (NIIF) y sus interpretaciones (CINIIF) en vigor a </span><span class=\"f charStyle-f47c836a ps1185\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps1186_1\" style=\"width:129.9pt\">, publicadas por el International</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.78pt\">Accounting Standard Board (IASB) y adoptadas por la Uni\u00f3n Europea.</span></div><div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Estas cuentas anuales consolidadas son formuladas por el Consejo de Administraci\u00f3n de la sociedad dominante y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:414.28pt\">pendientes de aprobaci\u00f3n por la Junta General de Accionistas, esperando sean aprobadas sin cambios.</span></div><div class=\"ps1193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las cifras del Balance, de la Cuenta de p\u00e9rdidas y ganancias, del Estado del resultado global, del Estado de cambios en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1194 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">patrimonio neto, del Estado de flujos de efectivo, as\u00ed como las Notas de la memoria, todos ellos consolidados, se expresan en</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1195_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:262.87pt\">euros, redondeados a miles, excepto que se indique lo contrario.</span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las cuentas anuales consolidadas del Grupo se han elaborado de acuerdo con el enfoque del coste hist\u00f3rico, entendido como el</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">valor razonable de la contraprestaci\u00f3n dada o recibida a cambio de bienes y servicios, excepto para las partidas recogidas en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">el ep\u00edgrafe de inversiones inmobiliarias, y para los instrumentos financieros clasificados como activos y pasivos financieros a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor razonable con cambios en resultados y a valor razonable con cambios en otro resultado global, que son valorados a valor</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">razonable (ver Nota 4.9). Cabe mencionar que los saldos provenientes de las sociedades venezolanas y argentinas del Grupo</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">han sido reexpresados a coste corriente, seg\u00fan la NIC 29, al considerarse este pa\u00eds como una econom\u00eda hiperinflacionaria (ver</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:45.58pt\">Nota 3.14).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:StatementOfIFRSCompliance",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-451": {
   "value": "<div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Estas cuentas anuales consolidadas son formuladas por el Consejo de Administraci\u00f3n de la sociedad dominante y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:414.28pt\">pendientes de aprobaci\u00f3n por la Junta General de Accionistas, esperando sean aprobadas sin cambios.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-452": {
   "value": "<div class=\"ps1206 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1204\"><span style=\"display:inline-block;height:6.8pt;width:5.33pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Cambios en pol\u00edticas contables, estimaciones y errores.</span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Cambios en las NIIF-UE</span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El Grupo ha adoptado en el presente ejercicio la siguiente modificaci\u00f3n aprobada por la Uni\u00f3n Europea cuya aplicaci\u00f3n no era</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.79pt\">obligatoria en 2024:</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:223.01pt\">Modificaci\u00f3n a la NIC 21: \"Ausencia de convertibilidad\".</span></div><div class=\"ps1213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha modificaci\u00f3n no ha tenido efectos significativos sobre las cuentas anuales consolidadas, ni sobre la situaci\u00f3n financiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.88pt\">del Grupo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Las siguientes modificaciones de normas han sido emitidas y aprobadas para su uso por la UE con anterioridad a la fecha de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.4pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, pero entrar\u00e1n en vigor en fechas posteriores.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.26pt\">Modificaciones a la NIIF 7 y NIIF 9: \"Clasificaci\u00f3n y Valoraci\u00f3n de Instrumentos Financieros\" y \"Contratos que hacen</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:237.88pt\">referencia a la electricidad dependiente de la naturaleza\".</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:104.32pt\">Mejoras anuales (vol. 11).</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No se espera que dichas modificaciones tengan efectos significativos sobre las cuentas anuales consolidadas, ni sobre la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.97pt\">situaci\u00f3n financiera del Grupo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las normas y modificaciones emitidas con anterioridad a la fecha de formulaci\u00f3n de estas cuentas anuales consolidadas y que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.2pt\">entrar\u00e1n en vigor en fechas posteriores, en caso de que sean adoptadas por la UE, son las siguientes:</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:234.78pt\">NIIF 18: \"Presentaci\u00f3n y desgloses de estados financieros\".</span></div><div class=\"ps1228_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:241.27pt\">NIIF 19: \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:308.75pt\">Modificaci\u00f3n a la NIIF 19 \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.28pt\">Modificaci\u00f3n a la NIIF 21 \"Efectos de las variaciones en las tasas de cambio de la moneda extranjera: Conversi\u00f3n a una</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:179.22pt\">moneda de presentaci\u00f3n hiperinflacionaria\".</span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">No se espera que la adopci\u00f3n de las normas anteriormente mencionadas suponga impactos materiales en los estados</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.51pt\">financieros del Grupo, excepto por la presentaci\u00f3n y desglose establecidos por la NIIF18. </span><span class=\"f charStyle-f47c836a ps1234_1\" style=\"width:137pt\">En relaci\u00f3n con esta Norma, con</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">fecha 13 de febrero de 2026 se ha producido el endoso por parte de la Uni\u00f3n Europea.\u00a0 El Grupo est\u00e1 evaluando actualmente</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">los cambios necesarios en los estados financieros consolidados, los sistemas de informaci\u00f3n y las comunicaciones, con el fin de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.41pt\">cumplir con los requisitos establecidos en la nueva norma que entrar\u00e1 en vigor a partir del 1 de enero de 2027.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-455": {
   "value": "<div class=\"ps1207 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Cambios en las NIIF-UE</span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El Grupo ha adoptado en el presente ejercicio la siguiente modificaci\u00f3n aprobada por la Uni\u00f3n Europea cuya aplicaci\u00f3n no era</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.79pt\">obligatoria en 2024:</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:223.01pt\">Modificaci\u00f3n a la NIC 21: \"Ausencia de convertibilidad\".</span></div><div class=\"ps1213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha modificaci\u00f3n no ha tenido efectos significativos sobre las cuentas anuales consolidadas, ni sobre la situaci\u00f3n financiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.88pt\">del Grupo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Las siguientes modificaciones de normas han sido emitidas y aprobadas para su uso por la UE con anterioridad a la fecha de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.4pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, pero entrar\u00e1n en vigor en fechas posteriores.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.26pt\">Modificaciones a la NIIF 7 y NIIF 9: \"Clasificaci\u00f3n y Valoraci\u00f3n de Instrumentos Financieros\" y \"Contratos que hacen</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:237.88pt\">referencia a la electricidad dependiente de la naturaleza\".</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:104.32pt\">Mejoras anuales (vol. 11).</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No se espera que dichas modificaciones tengan efectos significativos sobre las cuentas anuales consolidadas, ni sobre la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.97pt\">situaci\u00f3n financiera del Grupo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las normas y modificaciones emitidas con anterioridad a la fecha de formulaci\u00f3n de estas cuentas anuales consolidadas y que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.2pt\">entrar\u00e1n en vigor en fechas posteriores, en caso de que sean adoptadas por la UE, son las siguientes:</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:234.78pt\">NIIF 18: \"Presentaci\u00f3n y desgloses de estados financieros\".</span></div><div class=\"ps1228_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:241.27pt\">NIIF 19: \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:308.75pt\">Modificaci\u00f3n a la NIIF 19 \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.28pt\">Modificaci\u00f3n a la NIIF 21 \"Efectos de las variaciones en las tasas de cambio de la moneda extranjera: Conversi\u00f3n a una</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:179.22pt\">moneda de presentaci\u00f3n hiperinflacionaria\".</span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">No se espera que la adopci\u00f3n de las normas anteriormente mencionadas suponga impactos materiales en los estados</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.51pt\">financieros del Grupo, excepto por la presentaci\u00f3n y desglose establecidos por la NIIF18. </span><span class=\"f charStyle-f47c836a ps1234_1\" style=\"width:137pt\">En relaci\u00f3n con esta Norma, con</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">fecha 13 de febrero de 2026 se ha producido el endoso por parte de la Uni\u00f3n Europea.\u00a0 El Grupo est\u00e1 evaluando actualmente</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">los cambios necesarios en los estados financieros consolidados, los sistemas de informaci\u00f3n y las comunicaciones, con el fin de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.41pt\">cumplir con los requisitos establecidos en la nueva norma que entrar\u00e1 en vigor a partir del 1 de enero de 2027.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-454": {
   "value": "<div class=\"ps1207 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Cambios en las NIIF-UE</span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El Grupo ha adoptado en el presente ejercicio la siguiente modificaci\u00f3n aprobada por la Uni\u00f3n Europea cuya aplicaci\u00f3n no era</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.79pt\">obligatoria en 2024:</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:223.01pt\">Modificaci\u00f3n a la NIC 21: \"Ausencia de convertibilidad\".</span></div><div class=\"ps1213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha modificaci\u00f3n no ha tenido efectos significativos sobre las cuentas anuales consolidadas, ni sobre la situaci\u00f3n financiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.88pt\">del Grupo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Las siguientes modificaciones de normas han sido emitidas y aprobadas para su uso por la UE con anterioridad a la fecha de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.4pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, pero entrar\u00e1n en vigor en fechas posteriores.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.26pt\">Modificaciones a la NIIF 7 y NIIF 9: \"Clasificaci\u00f3n y Valoraci\u00f3n de Instrumentos Financieros\" y \"Contratos que hacen</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:237.88pt\">referencia a la electricidad dependiente de la naturaleza\".</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:104.32pt\">Mejoras anuales (vol. 11).</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No se espera que dichas modificaciones tengan efectos significativos sobre las cuentas anuales consolidadas, ni sobre la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.97pt\">situaci\u00f3n financiera del Grupo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las normas y modificaciones emitidas con anterioridad a la fecha de formulaci\u00f3n de estas cuentas anuales consolidadas y que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.2pt\">entrar\u00e1n en vigor en fechas posteriores, en caso de que sean adoptadas por la UE, son las siguientes:</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:234.78pt\">NIIF 18: \"Presentaci\u00f3n y desgloses de estados financieros\".</span></div><div class=\"ps1228_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:241.27pt\">NIIF 19: \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:308.75pt\">Modificaci\u00f3n a la NIIF 19 \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.28pt\">Modificaci\u00f3n a la NIIF 21 \"Efectos de las variaciones en las tasas de cambio de la moneda extranjera: Conversi\u00f3n a una</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:179.22pt\">moneda de presentaci\u00f3n hiperinflacionaria\".</span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">No se espera que la adopci\u00f3n de las normas anteriormente mencionadas suponga impactos materiales en los estados</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.51pt\">financieros del Grupo, excepto por la presentaci\u00f3n y desglose establecidos por la NIIF18. </span><span class=\"f charStyle-f47c836a ps1234_1\" style=\"width:137pt\">En relaci\u00f3n con esta Norma, con</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">fecha 13 de febrero de 2026 se ha producido el endoso por parte de la Uni\u00f3n Europea.\u00a0 El Grupo est\u00e1 evaluando actualmente</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">los cambios necesarios en los estados financieros consolidados, los sistemas de informaci\u00f3n y las comunicaciones, con el fin de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.41pt\">cumplir con los requisitos establecidos en la nueva norma que entrar\u00e1 en vigor a partir del 1 de enero de 2027.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-453": {
   "value": "<div class=\"ps1207 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Cambios en las NIIF-UE</span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El Grupo ha adoptado en el presente ejercicio la siguiente modificaci\u00f3n aprobada por la Uni\u00f3n Europea cuya aplicaci\u00f3n no era</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.79pt\">obligatoria en 2024:</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:223.01pt\">Modificaci\u00f3n a la NIC 21: \"Ausencia de convertibilidad\".</span></div><div class=\"ps1213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha modificaci\u00f3n no ha tenido efectos significativos sobre las cuentas anuales consolidadas, ni sobre la situaci\u00f3n financiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.88pt\">del Grupo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Las siguientes modificaciones de normas han sido emitidas y aprobadas para su uso por la UE con anterioridad a la fecha de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.4pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, pero entrar\u00e1n en vigor en fechas posteriores.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.26pt\">Modificaciones a la NIIF 7 y NIIF 9: \"Clasificaci\u00f3n y Valoraci\u00f3n de Instrumentos Financieros\" y \"Contratos que hacen</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:237.88pt\">referencia a la electricidad dependiente de la naturaleza\".</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:104.32pt\">Mejoras anuales (vol. 11).</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No se espera que dichas modificaciones tengan efectos significativos sobre las cuentas anuales consolidadas, ni sobre la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.97pt\">situaci\u00f3n financiera del Grupo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las normas y modificaciones emitidas con anterioridad a la fecha de formulaci\u00f3n de estas cuentas anuales consolidadas y que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.2pt\">entrar\u00e1n en vigor en fechas posteriores, en caso de que sean adoptadas por la UE, son las siguientes:</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:234.78pt\">NIIF 18: \"Presentaci\u00f3n y desgloses de estados financieros\".</span></div><div class=\"ps1228_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:241.27pt\">NIIF 19: \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:308.75pt\">Modificaci\u00f3n a la NIIF 19 \"Desgloses de subsidiarias sin contabilidad p\u00fablica\".</span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1210\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:494.28pt\">Modificaci\u00f3n a la NIIF 21 \"Efectos de las variaciones en las tasas de cambio de la moneda extranjera: Conversi\u00f3n a una</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1211_1\" style=\"width:179.22pt\">moneda de presentaci\u00f3n hiperinflacionaria\".</span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">No se espera que la adopci\u00f3n de las normas anteriormente mencionadas suponga impactos materiales en los estados</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.51pt\">financieros del Grupo, excepto por la presentaci\u00f3n y desglose establecidos por la NIIF18. </span><span class=\"f charStyle-f47c836a ps1234_1\" style=\"width:137pt\">En relaci\u00f3n con esta Norma, con</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">fecha 13 de febrero de 2026 se ha producido el endoso por parte de la Uni\u00f3n Europea.\u00a0 El Grupo est\u00e1 evaluando actualmente</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">los cambios necesarios en los estados financieros consolidados, los sistemas de informaci\u00f3n y las comunicaciones, con el fin de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.41pt\">cumplir con los requisitos establecidos en la nueva norma que entrar\u00e1 en vigor a partir del 1 de enero de 2027.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-456": {
   "value": "<div class=\"ps1550_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.92pt\">2.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1549\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:66.15pt\">Consolidaci\u00f3n</span></div><div class=\"ps1551_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dependientes</span></div><div class=\"ps1552_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Dependientes son todas las entidades sobre las que el Grupo ejerce un control efectivo, que generalmente viene acompa\u00f1ado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:263.26pt\">de una participaci\u00f3n superior a la mitad de los derechos de voto.</span></div><div class=\"ps1554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Adem\u00e1s del porcentaje de participaci\u00f3n, a la hora de evaluar si existe control sobre una entidad, el Grupo considera los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1555_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.84pt\">siguientes aspectos:</span></div><div class=\"ps1556_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:364.79pt\">Poder sobre la participada, otorg\u00e1ndole la capacidad de dirigir sus actividades relevantes.</span></div><div class=\"ps1557_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:347.94pt\">Derecho a los rendimientos variables procedentes de su implicaci\u00f3n en la participada.</span></div><div class=\"ps1558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:438.18pt\">Capacidad de utilizar su poder sobre la participada para influir en el importe de los rendimientos obtenidos.</span></div><div class=\"ps1559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Seg\u00fan el m\u00e9todo de la integraci\u00f3n global, los estados financieros de las entidades dependientes se consolidan a partir de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1561_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">fecha en que se transfiere el control al Grupo, y se excluyen de la consolidaci\u00f3n en la fecha en que cesa el mismo. Se eliminan</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:214.01pt\">en su totalidad los saldos y transacciones intragrupo.</span></div><div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Asociadas y Negocios conjuntos</span></div><div class=\"ps1564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asociadas son todas las entidades sobre las que el Grupo ejerce influencia significativa pero no tiene control. Generalmente,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">viene acompa\u00f1ado de un porcentaje de participaci\u00f3n que oscila entre el 20% y el 50% de los derechos de voto, y consiste en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.13pt\">poder de participar en las pol\u00edticas operativas y financieras de la participada.</span></div><div class=\"ps1567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Negocios conjuntos son acuerdos conjuntos en los que las partes que poseen el control conjunto de dicho acuerdo ostentan</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">derechos sobre los activos netos de \u00e9ste. En virtud de estos acuerdos, se requiere el consentimiento un\u00e1nime de todas las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.86pt\">partes que comparten el control.</span></div><div class=\"ps1570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las asociadas y negocios conjuntos se consolidan aplicando el m\u00e9todo de la participaci\u00f3n. Seg\u00fan este m\u00e9todo, el importe en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">libros de la inversi\u00f3n se reconoce inicialmente a coste, y se incrementa o disminuye para reconocer la participaci\u00f3n del Grupo</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en los resultados y en los ingresos y gasto reconocidos directamente en el patrimonio de la asociada o negocio conjunto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">despu\u00e9s de la fecha de adquisici\u00f3n. La inversi\u00f3n del Grupo en entidades asociadas y negocios conjuntos incluye el fondo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.81pt\">comercio identificado en la adquisici\u00f3n.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La participaci\u00f3n del Grupo en las p\u00e9rdidas o ganancias posteriores a la adquisici\u00f3n de sus entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">conjuntos se reconoce en el ep\u00edgrafe Resultado de entidades valoradas por el m\u00e9todo de la participaci\u00f3n de la Cuenta de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias consolidada, y su participaci\u00f3n en los movimientos en el otro resultado global se reconoce directamente</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:356.88pt\">en patrimonio neto, con el correspondiente ajuste del importe en libros de su inversi\u00f3n.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En los casos en que, como consecuencia de las p\u00e9rdidas acumuladas en que haya incurrido una asociada o negocio conjunto, su</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">patrimonio sea negativo, el Grupo a\u00f1ade el importe de cualquier otra partida que sea susceptible de ser considerada como</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mayor valor de la inversi\u00f3n neta hasta reducir dicha inversi\u00f3n a cero. A partir de entonces, la Compa\u00f1\u00eda tiene en cuenta las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">p\u00e9rdidas adicionales mediante reconocimiento de un pasivo s\u00f3lo en la medida en que incurre en obligaciones legales o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:360.25pt\">impl\u00edcitas, o bien haya efectuado pagos en nombre de la participada o negocio conjunto.</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En la actualidad, el Grupo no participa en operaciones conjuntas que deban ser integradas por el m\u00e9todo de la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.05pt\">proporcional.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.14pt\">Homogeneizaci\u00f3n temporal y valorativa</span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La totalidad de las sociedades dependientes incluidas en el per\u00edmetro de consolidaci\u00f3n cierran su ejercicio social el 31 de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:485.3pt\">diciembre, habi\u00e9ndose empleado a efectos del proceso de consolidaci\u00f3n las respectivas cuentas anuales del ejercicio </span><span class=\"f charStyle-f47c836a ps1583\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1584\" style=\"width:11.37pt\">, o</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en caso de no haber sido a\u00fan formuladas, los registros contables respectivos, una vez realizados los ajustes de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:357.67pt\">homogeneizaci\u00f3n valorativa a las NIIF adaptadas por la Uni\u00f3n Europea correspondientes.</span></div><div class=\"ps1588_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Combinaciones de negocios</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Si la combinaci\u00f3n de negocios se realiza por etapas, el importe en libros en la fecha de adquisici\u00f3n de la participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">patrimonio neto de la adquirida anteriormente mantenido por la adquirente se vuelve a valorar al valor razonable en la fecha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:494.38pt\">de adquisici\u00f3n; cualquier p\u00e9rdida o ganancia que surja de esta nueva valoraci\u00f3n se reconoce en el resultado del ejercicio.</span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En las combinaciones de negocios, el exceso entre el coste de la combinaci\u00f3n y la participaci\u00f3n de la entidad adquirente en el</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">valor razonable neto de los activos, pasivos y pasivos contingentes identificables as\u00ed recogidos, se presenta dentro del ep\u00edgrafe</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:179.41pt\">Fondo de comercio del Balance consolidado.</span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">En su caso, el exceso entre la participaci\u00f3n de la entidad adquirente despu\u00e9s de haber reconsiderado la identificaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">valoraci\u00f3n de los activos, pasivos y pasivos contingentes identificables y el coste de la combinaci\u00f3n de negocios se reconoce en</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.67pt\">el resultado del ejercicio.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En su primera adopci\u00f3n de las NIIF, el Grupo no aplic\u00f3 de forma retroactiva la NIIF 3 sobre combinaciones de negocios que</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ocurrieron antes de la fecha de transici\u00f3n, acogi\u00e9ndose a la exenci\u00f3n recogida en la NIIF 1 \u201cAdopci\u00f3n por primera vez de las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Normas Internacionales de Informaci\u00f3n Financiera\u201d, por lo tanto, los fondos de comercio existentes en normativa espa\u00f1ola al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">31 de diciembre de 2003, netos de la amortizaci\u00f3n acumulada hasta tal fecha, se imputaron a fondo de comercio dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.11pt\">ep\u00edgrafe de Activos intangibles</span><span class=\"f charStyle-f47c836a ps1602\" style=\"width:3.3pt\">.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Cambios de porcentaje de participaci\u00f3n en sociedades dependientes sin cambio de control</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Una vez que se obtiene el control, las operaciones posteriores en las que la sociedad dominante adquiere m\u00e1s participaciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">no dominantes o enajena participaciones sin perder el control, se contabilizan como transacciones con instrumentos de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:151.52pt\">patrimonio, de lo que se deduce que:</span></div><div class=\"ps1607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.18pt\">Cualquier diferencia entre el importe por el que se ajustan las participaciones no dominantes y el valor razonable de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">contraprestaci\u00f3n pagada o recibida se reconoce directamente en el patrimonio neto consolidado y se atribuye a los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:157.97pt\">propietarios de la sociedad dominante.</span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">No se realiza ning\u00fan ajuste en el importe en libros del fondo de comercio ni se reconocen ganancias o p\u00e9rdidas en la</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1611_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:180.36pt\">Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:158.88pt\">Venta de participaciones controladoras</span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Cuando el Grupo deja de tener control en una entidad dependiente, la participaci\u00f3n retenida se registra a su valor razonable</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">en la fecha en que se pierde el control, reconoci\u00e9ndose la variaci\u00f3n del importe en libros en el resultado del ejercicio. En la</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1615_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">medida que se trate de una sociedad propietaria de un hotel, el resultado se reporta como Plusval\u00edas de inmovilizado en la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Cuenta de p\u00e9rdidas y ganancias consolidada (ver Nota 3.10). El valor razonable es el importe en libros inicial a efectos de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1209 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.73pt\">contabilizaci\u00f3n posterior de la participaci\u00f3n retenida como entidad asociada, negocio conjunto o activo financiero.</span></div><div class=\"ps1616_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:149.13pt\">P\u00e9rdida de la influencia significativa</span></div><div class=\"ps1617_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Si se deja de tener influencia significativa en la entidad asociada o negocio conjunto, el Grupo valora y reconoce la inversi\u00f3n</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1618_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">mantenida a su valor razonable. Cualquier diferencia entre el valor en libros de la entidad asociada en el momento de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">p\u00e9rdida de la influencia significativa y el valor razonable de la inversi\u00f3n mantenida m\u00e1s los productos de la venta se reconoce</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.6pt\">en la Cuenta de p\u00e9rdidas y ganancias consolidadas.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:146.35pt\">Eliminaci\u00f3n de operaciones internas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Se han eliminado los distintos saldos rec\u00edprocos por operaciones internas de pr\u00e9stamo, arrendamiento, dividendos, activos y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">pasivos financieros, compraventa de existencias e inmovilizado y prestaci\u00f3n de servicios. En relaci\u00f3n con las operaciones de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">compraventa, se ha retrocedido el margen de beneficio no realizado frente a terceros para mostrar los bienes</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:409.79pt\">correspondientes a su valor de coste, ajust\u00e1ndose consecuentemente las amortizaciones practicadas.</span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:123.54pt\">Participaciones no dominantes</span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Bajo este ep\u00edgrafe del Balance consolidado figura la parte proporcional del patrimonio que corresponda a las participaciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.06pt\">no dominantes del Grupo calculado de acuerdo a la NIIF 10.</span></div><div class=\"ps1624_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Resultado atribuido a participaciones no dominantes</span></div><div class=\"ps1625_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Es la participaci\u00f3n en los beneficios o p\u00e9rdidas consolidados del ejercicio que corresponde a las participaciones no</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1626_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:49.8pt\">dominantes.</span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Conversi\u00f3n de las cuentas anuales de las sociedades extranjeras</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">Todos los activos y pasivos de las sociedades cuya moneda funcional es distinta al euro y que se integran en la consolidaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.26pt\">se convierten a euros utilizando el tipo de cambio al cierre de cada ejercicio.</span></div><div class=\"ps1628_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las partidas de la Cuenta de p\u00e9rdidas y ganancias se han convertido a los tipos de cambio existentes en las fechas en las que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:191.45pt\">se realizaron las correspondientes operaciones.</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La diferencia entre el importe del patrimonio de las sociedades extranjeras, incluido el saldo de la Cuenta de p\u00e9rdidas y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ganancias calculado conforme al apartado anterior, convertidos al tipo de cambio hist\u00f3rico y la situaci\u00f3n patrimonial neta que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1632_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resulte de la conversi\u00f3n de los activos y pasivos conforme al primer p\u00e1rrafo, se registra con signo positivo o negativo, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1633_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">corresponda, en el patrimonio neto del Balance consolidado en la partida Diferencias de conversi\u00f3n, deducida la parte que de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">dicha diferencia corresponda a las participaciones no dominantes, que aparece en el ep\u00edgrafe Participaciones no dominantes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:182.93pt\">del patrimonio neto del Balance consolidado.</span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El fondo de comercio y los ajustes a valor razonable de las partidas del Balance que surgen en el momento de la toma de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">participaci\u00f3n de una entidad extranjera, son tratados como activos y pasivos de la entidad adquirida y, por tanto, se</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">convierten al tipo de cambio de cierre, reconoci\u00e9ndose las diferencias de cambio que surjan en la citada partida Diferencias</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:58.82pt\">de conversi\u00f3n.</span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En el momento de la enajenaci\u00f3n, total o parcial, o devoluci\u00f3n de aportaciones, de una sociedad cuya moneda funcional es</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">diferente al euro, las diferencias de conversi\u00f3n acumuladas desde el 1 de enero de 2004 (fecha de transici\u00f3n a NIIF)</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocidas en el patrimonio neto consolidado, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.91pt\">componente del beneficio o p\u00e9rdida de la enajenaci\u00f3n.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-457": {
   "value": "<div class=\"ps1551_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dependientes</span></div><div class=\"ps1552_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Dependientes son todas las entidades sobre las que el Grupo ejerce un control efectivo, que generalmente viene acompa\u00f1ado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:263.26pt\">de una participaci\u00f3n superior a la mitad de los derechos de voto.</span></div><div class=\"ps1554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Adem\u00e1s del porcentaje de participaci\u00f3n, a la hora de evaluar si existe control sobre una entidad, el Grupo considera los</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1555_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.84pt\">siguientes aspectos:</span></div><div class=\"ps1556_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:364.79pt\">Poder sobre la participada, otorg\u00e1ndole la capacidad de dirigir sus actividades relevantes.</span></div><div class=\"ps1557_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:347.94pt\">Derecho a los rendimientos variables procedentes de su implicaci\u00f3n en la participada.</span></div><div class=\"ps1558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:438.18pt\">Capacidad de utilizar su poder sobre la participada para influir en el importe de los rendimientos obtenidos.</span></div><div class=\"ps1559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Seg\u00fan el m\u00e9todo de la integraci\u00f3n global, los estados financieros de las entidades dependientes se consolidan a partir de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1561_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">fecha en que se transfiere el control al Grupo, y se excluyen de la consolidaci\u00f3n en la fecha en que cesa el mismo. Se eliminan</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:214.01pt\">en su totalidad los saldos y transacciones intragrupo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-458": {
   "value": "<div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Asociadas y Negocios conjuntos</span></div><div class=\"ps1564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asociadas son todas las entidades sobre las que el Grupo ejerce influencia significativa pero no tiene control. Generalmente,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">viene acompa\u00f1ado de un porcentaje de participaci\u00f3n que oscila entre el 20% y el 50% de los derechos de voto, y consiste en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.13pt\">poder de participar en las pol\u00edticas operativas y financieras de la participada.</span></div><div class=\"ps1567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Negocios conjuntos son acuerdos conjuntos en los que las partes que poseen el control conjunto de dicho acuerdo ostentan</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">derechos sobre los activos netos de \u00e9ste. En virtud de estos acuerdos, se requiere el consentimiento un\u00e1nime de todas las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.86pt\">partes que comparten el control.</span></div><div class=\"ps1570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las asociadas y negocios conjuntos se consolidan aplicando el m\u00e9todo de la participaci\u00f3n. Seg\u00fan este m\u00e9todo, el importe en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">libros de la inversi\u00f3n se reconoce inicialmente a coste, y se incrementa o disminuye para reconocer la participaci\u00f3n del Grupo</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en los resultados y en los ingresos y gasto reconocidos directamente en el patrimonio de la asociada o negocio conjunto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">despu\u00e9s de la fecha de adquisici\u00f3n. La inversi\u00f3n del Grupo en entidades asociadas y negocios conjuntos incluye el fondo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.81pt\">comercio identificado en la adquisici\u00f3n.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La participaci\u00f3n del Grupo en las p\u00e9rdidas o ganancias posteriores a la adquisici\u00f3n de sus entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">conjuntos se reconoce en el ep\u00edgrafe Resultado de entidades valoradas por el m\u00e9todo de la participaci\u00f3n de la Cuenta de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias consolidada, y su participaci\u00f3n en los movimientos en el otro resultado global se reconoce directamente</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:356.88pt\">en patrimonio neto, con el correspondiente ajuste del importe en libros de su inversi\u00f3n.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En los casos en que, como consecuencia de las p\u00e9rdidas acumuladas en que haya incurrido una asociada o negocio conjunto, su</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">patrimonio sea negativo, el Grupo a\u00f1ade el importe de cualquier otra partida que sea susceptible de ser considerada como</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mayor valor de la inversi\u00f3n neta hasta reducir dicha inversi\u00f3n a cero. A partir de entonces, la Compa\u00f1\u00eda tiene en cuenta las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">p\u00e9rdidas adicionales mediante reconocimiento de un pasivo s\u00f3lo en la medida en que incurre en obligaciones legales o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:360.25pt\">impl\u00edcitas, o bien haya efectuado pagos en nombre de la participada o negocio conjunto.</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En la actualidad, el Grupo no participa en operaciones conjuntas que deban ser integradas por el m\u00e9todo de la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.05pt\">proporcional.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-460": {
   "value": "<div class=\"ps1564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asociadas son todas las entidades sobre las que el Grupo ejerce influencia significativa pero no tiene control. Generalmente,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">viene acompa\u00f1ado de un porcentaje de participaci\u00f3n que oscila entre el 20% y el 50% de los derechos de voto, y consiste en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.13pt\">poder de participar en las pol\u00edticas operativas y financieras de la participada.</span></div><div class=\"ps1567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Negocios conjuntos son acuerdos conjuntos en los que las partes que poseen el control conjunto de dicho acuerdo ostentan</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">derechos sobre los activos netos de \u00e9ste. En virtud de estos acuerdos, se requiere el consentimiento un\u00e1nime de todas las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.86pt\">partes que comparten el control.</span></div><div class=\"ps1570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las asociadas y negocios conjuntos se consolidan aplicando el m\u00e9todo de la participaci\u00f3n. Seg\u00fan este m\u00e9todo, el importe en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">libros de la inversi\u00f3n se reconoce inicialmente a coste, y se incrementa o disminuye para reconocer la participaci\u00f3n del Grupo</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en los resultados y en los ingresos y gasto reconocidos directamente en el patrimonio de la asociada o negocio conjunto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">despu\u00e9s de la fecha de adquisici\u00f3n. La inversi\u00f3n del Grupo en entidades asociadas y negocios conjuntos incluye el fondo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.81pt\">comercio identificado en la adquisici\u00f3n.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La participaci\u00f3n del Grupo en las p\u00e9rdidas o ganancias posteriores a la adquisici\u00f3n de sus entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">conjuntos se reconoce en el ep\u00edgrafe Resultado de entidades valoradas por el m\u00e9todo de la participaci\u00f3n de la Cuenta de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias consolidada, y su participaci\u00f3n en los movimientos en el otro resultado global se reconoce directamente</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:356.88pt\">en patrimonio neto, con el correspondiente ajuste del importe en libros de su inversi\u00f3n.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En los casos en que, como consecuencia de las p\u00e9rdidas acumuladas en que haya incurrido una asociada o negocio conjunto, su</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">patrimonio sea negativo, el Grupo a\u00f1ade el importe de cualquier otra partida que sea susceptible de ser considerada como</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mayor valor de la inversi\u00f3n neta hasta reducir dicha inversi\u00f3n a cero. A partir de entonces, la Compa\u00f1\u00eda tiene en cuenta las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">p\u00e9rdidas adicionales mediante reconocimiento de un pasivo s\u00f3lo en la medida en que incurre en obligaciones legales o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:360.25pt\">impl\u00edcitas, o bien haya efectuado pagos en nombre de la participada o negocio conjunto.</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En la actualidad, el Grupo no participa en operaciones conjuntas que deban ser integradas por el m\u00e9todo de la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.05pt\">proporcional.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-459": {
   "value": "<div class=\"ps1564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asociadas son todas las entidades sobre las que el Grupo ejerce influencia significativa pero no tiene control. Generalmente,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">viene acompa\u00f1ado de un porcentaje de participaci\u00f3n que oscila entre el 20% y el 50% de los derechos de voto, y consiste en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.13pt\">poder de participar en las pol\u00edticas operativas y financieras de la participada.</span></div><div class=\"ps1567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Negocios conjuntos son acuerdos conjuntos en los que las partes que poseen el control conjunto de dicho acuerdo ostentan</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">derechos sobre los activos netos de \u00e9ste. En virtud de estos acuerdos, se requiere el consentimiento un\u00e1nime de todas las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.86pt\">partes que comparten el control.</span></div><div class=\"ps1570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las asociadas y negocios conjuntos se consolidan aplicando el m\u00e9todo de la participaci\u00f3n. Seg\u00fan este m\u00e9todo, el importe en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">libros de la inversi\u00f3n se reconoce inicialmente a coste, y se incrementa o disminuye para reconocer la participaci\u00f3n del Grupo</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en los resultados y en los ingresos y gasto reconocidos directamente en el patrimonio de la asociada o negocio conjunto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">despu\u00e9s de la fecha de adquisici\u00f3n. La inversi\u00f3n del Grupo en entidades asociadas y negocios conjuntos incluye el fondo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.81pt\">comercio identificado en la adquisici\u00f3n.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La participaci\u00f3n del Grupo en las p\u00e9rdidas o ganancias posteriores a la adquisici\u00f3n de sus entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">conjuntos se reconoce en el ep\u00edgrafe Resultado de entidades valoradas por el m\u00e9todo de la participaci\u00f3n de la Cuenta de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias consolidada, y su participaci\u00f3n en los movimientos en el otro resultado global se reconoce directamente</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:356.88pt\">en patrimonio neto, con el correspondiente ajuste del importe en libros de su inversi\u00f3n.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En los casos en que, como consecuencia de las p\u00e9rdidas acumuladas en que haya incurrido una asociada o negocio conjunto, su</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">patrimonio sea negativo, el Grupo a\u00f1ade el importe de cualquier otra partida que sea susceptible de ser considerada como</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mayor valor de la inversi\u00f3n neta hasta reducir dicha inversi\u00f3n a cero. A partir de entonces, la Compa\u00f1\u00eda tiene en cuenta las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">p\u00e9rdidas adicionales mediante reconocimiento de un pasivo s\u00f3lo en la medida en que incurre en obligaciones legales o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:360.25pt\">impl\u00edcitas, o bien haya efectuado pagos en nombre de la participada o negocio conjunto.</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En la actualidad, el Grupo no participa en operaciones conjuntas que deban ser integradas por el m\u00e9todo de la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.05pt\">proporcional.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-461": {
   "value": "<div class=\"ps1588_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Combinaciones de negocios</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Si la combinaci\u00f3n de negocios se realiza por etapas, el importe en libros en la fecha de adquisici\u00f3n de la participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">patrimonio neto de la adquirida anteriormente mantenido por la adquirente se vuelve a valorar al valor razonable en la fecha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:494.38pt\">de adquisici\u00f3n; cualquier p\u00e9rdida o ganancia que surja de esta nueva valoraci\u00f3n se reconoce en el resultado del ejercicio.</span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En las combinaciones de negocios, el exceso entre el coste de la combinaci\u00f3n y la participaci\u00f3n de la entidad adquirente en el</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">valor razonable neto de los activos, pasivos y pasivos contingentes identificables as\u00ed recogidos, se presenta dentro del ep\u00edgrafe</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:179.41pt\">Fondo de comercio del Balance consolidado.</span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">En su caso, el exceso entre la participaci\u00f3n de la entidad adquirente despu\u00e9s de haber reconsiderado la identificaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">valoraci\u00f3n de los activos, pasivos y pasivos contingentes identificables y el coste de la combinaci\u00f3n de negocios se reconoce en</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.67pt\">el resultado del ejercicio.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En su primera adopci\u00f3n de las NIIF, el Grupo no aplic\u00f3 de forma retroactiva la NIIF 3 sobre combinaciones de negocios que</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ocurrieron antes de la fecha de transici\u00f3n, acogi\u00e9ndose a la exenci\u00f3n recogida en la NIIF 1 \u201cAdopci\u00f3n por primera vez de las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Normas Internacionales de Informaci\u00f3n Financiera\u201d, por lo tanto, los fondos de comercio existentes en normativa espa\u00f1ola al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">31 de diciembre de 2003, netos de la amortizaci\u00f3n acumulada hasta tal fecha, se imputaron a fondo de comercio dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.11pt\">ep\u00edgrafe de Activos intangibles</span><span class=\"f charStyle-f47c836a ps1602\" style=\"width:3.3pt\">.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-462": {
   "value": "<div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Si la combinaci\u00f3n de negocios se realiza por etapas, el importe en libros en la fecha de adquisici\u00f3n de la participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">patrimonio neto de la adquirida anteriormente mantenido por la adquirente se vuelve a valorar al valor razonable en la fecha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:494.38pt\">de adquisici\u00f3n; cualquier p\u00e9rdida o ganancia que surja de esta nueva valoraci\u00f3n se reconoce en el resultado del ejercicio.</span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En las combinaciones de negocios, el exceso entre el coste de la combinaci\u00f3n y la participaci\u00f3n de la entidad adquirente en el</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">valor razonable neto de los activos, pasivos y pasivos contingentes identificables as\u00ed recogidos, se presenta dentro del ep\u00edgrafe</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:179.41pt\">Fondo de comercio del Balance consolidado.</span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">En su caso, el exceso entre la participaci\u00f3n de la entidad adquirente despu\u00e9s de haber reconsiderado la identificaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">valoraci\u00f3n de los activos, pasivos y pasivos contingentes identificables y el coste de la combinaci\u00f3n de negocios se reconoce en</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.67pt\">el resultado del ejercicio.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En su primera adopci\u00f3n de las NIIF, el Grupo no aplic\u00f3 de forma retroactiva la NIIF 3 sobre combinaciones de negocios que</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ocurrieron antes de la fecha de transici\u00f3n, acogi\u00e9ndose a la exenci\u00f3n recogida en la NIIF 1 \u201cAdopci\u00f3n por primera vez de las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Normas Internacionales de Informaci\u00f3n Financiera\u201d, por lo tanto, los fondos de comercio existentes en normativa espa\u00f1ola al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">31 de diciembre de 2003, netos de la amortizaci\u00f3n acumulada hasta tal fecha, se imputaron a fondo de comercio dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:124.11pt\">ep\u00edgrafe de Activos intangibles</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-463": {
   "value": "<div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Conversi\u00f3n de las cuentas anuales de las sociedades extranjeras</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">Todos los activos y pasivos de las sociedades cuya moneda funcional es distinta al euro y que se integran en la consolidaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:314.26pt\">se convierten a euros utilizando el tipo de cambio al cierre de cada ejercicio.</span></div><div class=\"ps1628_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las partidas de la Cuenta de p\u00e9rdidas y ganancias se han convertido a los tipos de cambio existentes en las fechas en las que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:191.45pt\">se realizaron las correspondientes operaciones.</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La diferencia entre el importe del patrimonio de las sociedades extranjeras, incluido el saldo de la Cuenta de p\u00e9rdidas y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">ganancias calculado conforme al apartado anterior, convertidos al tipo de cambio hist\u00f3rico y la situaci\u00f3n patrimonial neta que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1632_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resulte de la conversi\u00f3n de los activos y pasivos conforme al primer p\u00e1rrafo, se registra con signo positivo o negativo, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1633_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">corresponda, en el patrimonio neto del Balance consolidado en la partida Diferencias de conversi\u00f3n, deducida la parte que de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">dicha diferencia corresponda a las participaciones no dominantes, que aparece en el ep\u00edgrafe Participaciones no dominantes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:182.93pt\">del patrimonio neto del Balance consolidado.</span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El fondo de comercio y los ajustes a valor razonable de las partidas del Balance que surgen en el momento de la toma de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">participaci\u00f3n de una entidad extranjera, son tratados como activos y pasivos de la entidad adquirida y, por tanto, se</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">convierten al tipo de cambio de cierre, reconoci\u00e9ndose las diferencias de cambio que surjan en la citada partida Diferencias</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:58.82pt\">de conversi\u00f3n.</span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En el momento de la enajenaci\u00f3n, total o parcial, o devoluci\u00f3n de aportaciones, de una sociedad cuya moneda funcional es</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">diferente al euro, las diferencias de conversi\u00f3n acumuladas desde el 1 de enero de 2004 (fecha de transici\u00f3n a NIIF)</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocidas en el patrimonio neto consolidado, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.91pt\">componente del beneficio o p\u00e9rdida de la enajenaci\u00f3n.</span></div><div class=\"ps1984 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.13.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1983_1\"><span style=\"display:inline-block;height:6.8pt;width:14.46pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Transacciones en moneda extranjera</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los d\u00e9bitos y cr\u00e9ditos en moneda extranjera se valoran inicialmente al tipo de cambio existente a la fecha de la operaci\u00f3n,</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:341.47pt\">convirti\u00e9ndose posteriormente al tipo de cambio vigente al cierre de cada ejercicio.</span><span class=\"f charStyle-f47c836a ps1985_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las diferencias de cambio se consideran ingreso o gasto del ejercicio en el que se producen, excepto las derivadas de aquellas</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">operaciones de financiaci\u00f3n a sociedades dependientes en el extranjero, que hayan sido consideradas como mayor valor de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">inversi\u00f3n neta en dichos negocios como consecuencia de no estar contemplada la liquidaci\u00f3n de estas operaciones ni que \u00e9sta</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sea probable atendiendo a la situaci\u00f3n financiero patrimonial de las sociedades dependientes, tal y como se contempla en la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:340.35pt\">NIC 21 \u201cEfectos de las variaciones en los tipos de cambio de la moneda extranjera.\u201d</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-464": {
   "value": "<div class=\"ps1644_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Valoraciones y estimaciones contables</span></div><div class=\"ps1645_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En la preparaci\u00f3n de las cuentas anuales consolidadas del Grupo, los administradores de la sociedad dominante han tenido que</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1646_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">utilizar juicios, estimaciones y asunciones que afectan a la aplicaci\u00f3n de las pol\u00edticas contables descritas en la Nota 3 y a los</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">saldos de activos, pasivos, ingresos y gastos y al desglose de activos y pasivos contingentes a la fecha de emisi\u00f3n de las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1648_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:162.87pt\">presentes cuentas anuales consolidadas.</span></div><div class=\"ps1649_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las estimaciones y las asunciones relacionadas est\u00e1n basadas en la experiencia hist\u00f3rica y en otros factores diversos que son</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1650_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">entendidos como razonables y relevantes de acuerdo con las circunstancias, cuyos resultados constituyen la base para</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">establecer los juicios sobre el valor contable de los activos y pasivos que no son f\u00e1cilmente disponibles mediante otras</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1652_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">fuentes. Las estimaciones y asunciones respectivas son revisadas de forma continuada; los efectos de las revisiones de las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1653_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">estimaciones contables son reconocidos en el per\u00edodo en el cual se realizan, si \u00e9stas afectan s\u00f3lo a ese per\u00edodo, o en el</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1654_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">per\u00edodo de la revisi\u00f3n y futuros, si la revisi\u00f3n afecta a ambos. Sin embargo, la incertidumbre inherente a las estimaciones y</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asunciones podr\u00eda conducir a resultados que podr\u00edan requerir un ajuste de los valores contables de los activos y pasivos</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">afectados en el futuro.</span></div><div class=\"ps1655_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Las estimaciones realizadas se han detallado, en su caso, en cada una de las notas explicativas de los ep\u00edgrafes del Balance</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">consolidado. A continuaci\u00f3n, se explican las estimaciones y juicios que tienen un impacto m\u00e1s significativo en los importes</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:433.53pt\">reconocidos en los estados financieros consolidados y que pueden suponer ajustes en los ejercicios futuros:</span></div><div class=\"ps1659_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:342.67pt\">P\u00e9rdida estimada por deterioro del fondo de comercio y otros activos no financieros</span><span class=\"f charStyle-8dfb1947 ps1658\" style=\"width:2.71pt\"> </span></div><div class=\"ps1660_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo comprueba anualmente si los fondos de comercio y otros activos inmovilizados han sufrido alguna p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1661_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">deterioro del valor, de acuerdo a lo indicado en las Notas 3.1, 3.2 y 3.11. Los importes recuperables de las unidades</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1662_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">generadoras de efectivo en arrendamiento y las no hoteleras a las que est\u00e1n asociados fondos de comercio se han determinado</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1663_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.18pt\">en base a c\u00e1lculos del valor en uso.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Por su parte, los importes recuperables de las unidades generadoras de efectivo en propiedad se han determinado en base a</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor razonable estimado en virtud de tasaciones realizadas por expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:293.22pt\">descuento de flujos de efectivo previstos procedentes de dichos activos.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Estos c\u00e1lculos se fundamentan en hip\u00f3tesis razonables en funci\u00f3n de los rendimientos pasados obtenidos y las expectativas de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:185.76pt\">producci\u00f3n y desarrollo del mercado a futuro.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">No obstante, las proyecciones de flujos de efectivo contienen un elevado grado de incertidumbre debido a los efectos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">potenciales que tienen sobre la tasa de ocupaci\u00f3n y el precio medio de la habitaci\u00f3n factores tales como el contexto</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">geopol\u00edtico, la inflaci\u00f3n, o los riesgos medioambientales, entre otros aspectos, lo que podr\u00eda conducir a ajustes de los valores</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">contables de los activos de las unidades generadoras de efectivo en el futuro, particularmente de las de arrendamiento, dado</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:482.91pt\">el elevado margen existente entre el valor razonable y el valor en libros de la mayor parte de los activos en propiedad.</span><span class=\"f charStyle-f47c836a ps13795\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Impuestos sobre las ganancias</span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">El c\u00e1lculo del impuesto sobre las ganancias requiere interpretaciones de la normativa fiscal aplicable a todos los pa\u00edses en los</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">que est\u00e1n presentes las sociedades del Grupo. Adem\u00e1s, existen varios factores, ligados principal y no exclusivamente a los</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cambios e interpretaciones de las leyes fiscales actualmente en vigor, que requieren la realizaci\u00f3n de estimaciones por parte</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:183.54pt\">de los administradores de la sociedad matriz.</span></div><div class=\"ps1670_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Los administradores de la sociedad dominante tienen que realizar estimaciones significativas para determinar el importe de los</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1671_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">activos por impuesto diferido que se pueden registrar, teniendo en cuenta los importes y las fechas en las que se obtendr\u00e1n las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1673_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:380.29pt\">ganancias fiscales futuras y el periodo de reversi\u00f3n de las diferencias temporarias imponibles.</span><span class=\"f charStyle-f47c836a ps1672\" style=\"width:2.71pt\"> </span></div><div class=\"ps1674_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Cuando existe incertidumbre frente a los tratamientos del impuesto sobre las ganancias, el Grupo eval\u00faa si es probable que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">una autoridad tributaria acepte un tratamiento fiscal incierto. Si llega a la conclusi\u00f3n de que es\u00a0 probable que la autoridad</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">tributaria acepte un tratamiento fiscal incierto, se refleja el efecto de la incertidumbre sobre la ganancia (p\u00e9rdida) fiscal, las</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">bases fiscales, las p\u00e9rdidas o cr\u00e9ditos fiscales no utilizados o los tipos impositivos correspondientes. El efecto de la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1678_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">incertidumbre se refleja utilizando el m\u00e9todo que, en cada caso, mejor prefigure la resoluci\u00f3n de la incertidumbre: el importe</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">m\u00e1s probable o el valor esperado. Para cada caso, la Compa\u00f1\u00eda eval\u00faa si debe considerar cada tratamiento fiscal incierto por</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">separado, o conjuntamente con otro o varios otros tratamientos fiscales inciertos, en funci\u00f3n del planteamiento que mejor</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:176.96pt\">prefigure la resoluci\u00f3n de la incertidumbre.</span></div><div class=\"ps1682_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:464.71pt\">En la Nota 19 se incluyen los desgloses relacionados con las estimaciones relativas al impuesto sobre las ganancias.</span></div><div class=\"ps1683 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:221.71pt\">Valor razonable de instrumentos financieros derivados</span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El valor razonable de aquellos instrumentos financieros derivados que no se negocian en un mercado activo se determina</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">utilizando t\u00e9cnicas de valoraci\u00f3n, tal como se indica en la Nota 3.5. El Grupo utiliza su juicio para seleccionar una serie de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">m\u00e9todos y realiza hip\u00f3tesis que se basan principalmente en las condiciones del mercado existentes en la fecha de cada</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1684_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Balance consolidado. La mayor parte de estas valoraciones se obtienen de las entidades financieras con las que fueron</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1685_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:428.61pt\">contratados los instrumentos \u00f3 se determinan por referencia a valor razonable del activo del que derivan.</span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Valor razonable de inversiones inmobiliarias</span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">El Grupo ha optado por valorar las inversiones inmobiliarias seg\u00fan el modelo de valor razonable. La estimaci\u00f3n de este valor</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">razonable se realiza, en su mayor parte, en base a tasaciones realizadas por expertos independientes mediante t\u00e9cnicas de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">valoraci\u00f3n de descuento de flujos de efectivo previstos procedentes de dichos activos, as\u00ed como actualizaciones peri\u00f3dicas de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157.75pt\">la Compa\u00f1\u00eda en base a dichos estudios.</span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaciones post-empleo</span></div><div class=\"ps1687_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El coste de los planes de pensiones de prestaci\u00f3n definida se determina mediante valoraciones actuariales. Las valoraciones</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">actuariales requieren la utilizaci\u00f3n de hip\u00f3tesis sobre los tipos de descuento, la rentabilidad de los activos, los incrementos de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1688_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">los salarios, las tablas de mortalidad y rotaci\u00f3n, as\u00ed como sobre la edad de jubilaci\u00f3n de los empleados con derecho a estas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1689_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">prestaciones. Estas estimaciones est\u00e1n sujetas a incertidumbres significativas debido al largo plazo de liquidaci\u00f3n de estos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:29.13pt\">planes.</span></div><div class=\"ps1690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La valoraci\u00f3n de estas obligaciones ha sido calculada por expertos independientes de reconocido prestigio, mediante t\u00e9cnicas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1691_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:513.92pt\">de valoraci\u00f3n actuarial. En la Nota 16.2 se ofrecen detalles sobre las hip\u00f3tesis utilizadas para el c\u00e1lculo de estos compromisos.</span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Inflaci\u00f3n y tipo de cambio a aplicar en la consolidaci\u00f3n de filiales venezolanas y argentinas</span></div><div class=\"ps1692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En octubre de 2021, Venezuela sustituy\u00f3 al Bol\u00edvar soberano (VES), aplicado hasta ese momento, por el Bol\u00edvar digital (VED),</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1693_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.23pt\">dividiendo el valor de la nueva moneda por 1.000.000 (1VED=1.000.000 VES).</span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Sin embargo, desde el ejercicio 2017, y debido a que contin\u00faa la compleja situaci\u00f3n econ\u00f3mica y pol\u00edtica que atraviesa el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">pa\u00eds, la Compa\u00f1\u00eda considera que los distintos tipos de cambio oficiales no reflejan la realidad econ\u00f3mica del pa\u00eds y, por tanto,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1694_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tom\u00f3 la decisi\u00f3n de estimar internamente el tipo de cambio m\u00e1s apropiado para la integraci\u00f3n de los estados financieros de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1696_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:96.75pt\">sus filiales venezolanas.</span><span class=\"f charStyle-f47c836a ps1695\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Este tipo de cambio estimado, basado en la fuerte inflaci\u00f3n a la que est\u00e1n sometidos los precios de los bienes y servicios del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">pa\u00eds, se ha calculado en base al \u00faltimo tipo de cambio oficial de 2014, actualizado por la inflaci\u00f3n correspondiente en cada</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:123.12pt\">ejercicio a partir de entonces.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.81pt\">La inflaci\u00f3n considerada para este c\u00e1lculo en el ejercicio </span><span class=\"f charStyle-f47c836a ps1697\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1698\" style=\"width:134.16pt\"> ha sido de 380,38%, 98,84% en </span><span class=\"f charStyle-f47c836a ps1699_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1700_1\" style=\"width:101.81pt\">, ambas estimaciones en</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">base a estudios de expertos independientes. El Banco Central de Venezuela no ha publicado cifras de inflaci\u00f3n interanual para</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:509.01pt\">El Grupo ha evaluado los impactos de la inflaci\u00f3n en su filial argentina, concluyendo que no son significativos (ver Nota 3.14).</span><span class=\"f charStyle-f47c836a ps1703_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:506.6pt\">El Grupo continuar\u00e1 evaluando la situaci\u00f3n pol\u00edtica y econ\u00f3mica de ambos pa\u00edses, para adoptar cualquier modificaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1704_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.42pt\">tipo de cambio que le resultase aplicable para la consolidaci\u00f3n de sus dependientes venezolanas y argentinas.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-466": {
   "value": "<div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Inflaci\u00f3n y tipo de cambio a aplicar en la consolidaci\u00f3n de filiales venezolanas y argentinas</span></div><div class=\"ps1692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En octubre de 2021, Venezuela sustituy\u00f3 al Bol\u00edvar soberano (VES), aplicado hasta ese momento, por el Bol\u00edvar digital (VED),</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1693_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.23pt\">dividiendo el valor de la nueva moneda por 1.000.000 (1VED=1.000.000 VES).</span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Sin embargo, desde el ejercicio 2017, y debido a que contin\u00faa la compleja situaci\u00f3n econ\u00f3mica y pol\u00edtica que atraviesa el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">pa\u00eds, la Compa\u00f1\u00eda considera que los distintos tipos de cambio oficiales no reflejan la realidad econ\u00f3mica del pa\u00eds y, por tanto,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1694_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tom\u00f3 la decisi\u00f3n de estimar internamente el tipo de cambio m\u00e1s apropiado para la integraci\u00f3n de los estados financieros de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1696_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:96.75pt\">sus filiales venezolanas.</span><span class=\"f charStyle-f47c836a ps1695\" style=\"width:2.71pt\"> </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Este tipo de cambio estimado, basado en la fuerte inflaci\u00f3n a la que est\u00e1n sometidos los precios de los bienes y servicios del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">pa\u00eds, se ha calculado en base al \u00faltimo tipo de cambio oficial de 2014, actualizado por la inflaci\u00f3n correspondiente en cada</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:123.12pt\">ejercicio a partir de entonces.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.81pt\">La inflaci\u00f3n considerada para este c\u00e1lculo en el ejercicio </span><span class=\"f charStyle-f47c836a ps1697\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1698\" style=\"width:134.16pt\"> ha sido de 380,38%, 98,84% en </span><span class=\"f charStyle-f47c836a ps1699_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1700_1\" style=\"width:101.81pt\">, ambas estimaciones en</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">base a estudios de expertos independientes. El Banco Central de Venezuela no ha publicado cifras de inflaci\u00f3n interanual para</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:509.01pt\">El Grupo ha evaluado los impactos de la inflaci\u00f3n en su filial argentina, concluyendo que no son significativos (ver Nota 3.14).</span><span class=\"f charStyle-f47c836a ps1703_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:506.6pt\">El Grupo continuar\u00e1 evaluando la situaci\u00f3n pol\u00edtica y econ\u00f3mica de ambos pa\u00edses, para adoptar cualquier modificaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1704_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.42pt\">tipo de cambio que le resultase aplicable para la consolidaci\u00f3n de sus dependientes venezolanas y argentinas.</span></div><div class=\"ps1987 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.14.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Moneda funcional y econom\u00edas hiperinflacionarias</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.99pt\">El euro es la moneda de presentaci\u00f3n del Grupo, y de su matriz Meli\u00e1 Hotels International, S.A.</span></div><div class=\"ps1919 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">La moneda funcional de cada una de las sociedades integrantes del Grupo es la moneda del entorno econ\u00f3mico principal en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1992 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:203.38pt\">que opera la entidad. A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps1988_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1989_1\" style=\"width:12.23pt\"> y </span><span class=\"f charStyle-f47c836a ps1990_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1991_1\" style=\"width:262.17pt\"> se considera que las econom\u00edas de Venezuela y Argentina son</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hiperinflacionarias, ya que se ha determinado que cumple las caracter\u00edsticas del entorno econ\u00f3mico indicadas en la NIC 29</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.07pt\">\u201cInformaci\u00f3n financiera en econom\u00edas hiperinflacionarias\u201d.</span></div><div class=\"ps1922 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Como consecuencia, en el caso de Venezuela, se reexpresan los Balances de las sociedades venezolanas del per\u00edmetro de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">consolidaci\u00f3n, bas\u00e1ndose en el m\u00e9todo del coste corriente, reflejando as\u00ed los efectos de los cambios en los \u00edndices de precios</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157.55pt\">en sus activos y pasivos no monetarios.</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Asimismo, se imputa a la Cuenta de p\u00e9rdidas y ganancias, la p\u00e9rdida o ganancia de poder adquisitivo derivada de la aplicaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de la variaci\u00f3n del \u00edndice de precios a la posici\u00f3n monetaria neta. Tambi\u00e9n se incluye en el resultado financiero el efecto de la</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">reexpresi\u00f3n en la unidad monetaria corriente del resto de partidas de la Cuenta de p\u00e9rdidas y ganancias de las sociedades</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:52.14pt\">venezolanas.</span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Con el objeto de mejorar la imagen fiel de los estados financieros consolidados, y dada la evidente relaci\u00f3n econ\u00f3mica</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">existente entre los impactos reconocidos por la hiperinflaci\u00f3n y la devaluaci\u00f3n que se registran en Venezuela en los \u00faltimos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1993 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">a\u00f1os, el Grupo presenta ambos efectos en el patrimonio neto consolidado, reconociendo tanto el efecto de la revalorizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1994 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">de partidas no monetarias como el efecto de las diferencias de conversi\u00f3n a euros, directamente en el ep\u00edgrafe de Ganancias</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1995 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.88pt\">Acumuladas del patrimonio neto.</span></div><div class=\"ps1925 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A continuaci\u00f3n, se muestran los impactos acumulados de ambas magnitudes desglosadas por separado para el ejercicio actual</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:53.15pt\">y el anterior:</span><span class=\"f charStyle-f47c836a ps1996_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2008 ss0_2\"><div class=\"ss109_1 ws0 ps2007\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:300pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:102.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:102.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1999 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps3613\">31/12/2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps3613\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-8b2dbd07 ps267\">Revalorizaci\u00f3n por hiperinflaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2002_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps11079\">311.245</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2003_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps11079\">319.468</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-8b2dbd07 ps267\">Diferencias conversi\u00f3n (devaluaci\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2005 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps2004_1\">(495.139)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2006 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps2004_1\">(500.962)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2009 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">De acuerdo a estudios de expertos independientes, la hiperinflaci\u00f3n que presenta Venezuela a cierre de ejercicio se sit\u00faa en</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2012 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:82.44pt\">torno a 380,38%. En </span><span class=\"f charStyle-f47c836a ps2010_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2011_1\" style=\"width:262.98pt\">, el incremento de la inflaci\u00f3n ascendi\u00f3 al 98,84% (ver Nota 2.6).</span></div><div class=\"ps2013 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cuanto a la sociedad ubicada en Argentina, la aplicaci\u00f3n de la NIC 29 no ha supuesto impactos significativos en los estados</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2014 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">financieros consolidados del Grupo debido a la compensaci\u00f3n durante el ejercicio de la inflaci\u00f3n interanual del pa\u00eds con la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2015 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">devaluaci\u00f3n interanual de la moneda del pa\u00eds. No obstante, el Grupo sigue evaluando de manera constante la situaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2016 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:426.11pt\">econ\u00f3mica de Argentina y evaluando los potenciales impactos de la aplicaci\u00f3n de la NIC 29 en dicho pa\u00eds.</span></div><div class=\"ps2017 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Aparte de lo anteriormente mencionado, no existe ninguna otra sociedad en el per\u00edmetro de consolidaci\u00f3n que tenga la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2022 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.7pt\">consideraci\u00f3n de econom\u00eda hiperinflacionaria al cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps2018_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2019_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps2020_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2021_1\" style=\"width:3.3pt\">.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfHyperinflationaryReportingExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-465": {
   "value": "<div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Inflaci\u00f3n y tipo de cambio a aplicar en la consolidaci\u00f3n de filiales venezolanas y argentinas</span></div><div class=\"ps1692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En octubre de 2021, Venezuela sustituy\u00f3 al Bol\u00edvar soberano (VES), aplicado hasta ese momento, por el Bol\u00edvar digital (VED),</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1693_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.23pt\">dividiendo el valor de la nueva moneda por 1.000.000 (1VED=1.000.000 VES).</span></div><div class=\"ps1619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Sin embargo, desde el ejercicio 2017, y debido a que contin\u00faa la compleja situaci\u00f3n econ\u00f3mica y pol\u00edtica que atraviesa el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">pa\u00eds, la Compa\u00f1\u00eda considera que los distintos tipos de cambio oficiales no reflejan la realidad econ\u00f3mica del pa\u00eds y, por tanto,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1694_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tom\u00f3 la decisi\u00f3n de estimar internamente el tipo de cambio m\u00e1s apropiado para la integraci\u00f3n de los estados financieros de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1696_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:96.75pt\">sus filiales venezolanas.</span><span class=\"f charStyle-f47c836a ps1695\" style=\"width:2.71pt\"> </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Este tipo de cambio estimado, basado en la fuerte inflaci\u00f3n a la que est\u00e1n sometidos los precios de los bienes y servicios del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">pa\u00eds, se ha calculado en base al \u00faltimo tipo de cambio oficial de 2014, actualizado por la inflaci\u00f3n correspondiente en cada</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:123.12pt\">ejercicio a partir de entonces.</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:241.81pt\">La inflaci\u00f3n considerada para este c\u00e1lculo en el ejercicio </span><span class=\"f charStyle-f47c836a ps1697\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1698\" style=\"width:134.16pt\"> ha sido de 380,38%, 98,84% en </span><span class=\"f charStyle-f47c836a ps1699_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1700_1\" style=\"width:101.81pt\">, ambas estimaciones en</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">base a estudios de expertos independientes. El Banco Central de Venezuela no ha publicado cifras de inflaci\u00f3n interanual para</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:509.01pt\">El Grupo ha evaluado los impactos de la inflaci\u00f3n en su filial argentina, concluyendo que no son significativos (ver Nota 3.14).</span><span class=\"f charStyle-f47c836a ps1703_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:506.6pt\">El Grupo continuar\u00e1 evaluando la situaci\u00f3n pol\u00edtica y econ\u00f3mica de ambos pa\u00edses, para adoptar cualquier modificaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1704_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.42pt\">tipo de cambio que le resultase aplicable para la consolidaci\u00f3n de sus dependientes venezolanas y argentinas.</span></div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-467": {
   "value": "<div class=\"ps1706 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">2.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Estados de flujos de efectivo</span></div><div class=\"ps1707 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El Estado de flujos de efectivo consolidado recoge los movimientos de tesorer\u00eda realizados durante el ejercicio, calculados por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">el m\u00e9todo indirecto. En el estado de flujos de efectivo consolidado se utilizan las siguientes expresiones en el sentido que</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:88.53pt\">figura a continuaci\u00f3n:</span></div><div class=\"ps1709 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">Flujos de efectivo: Entradas y salidas de efectivo o de otros activos l\u00edquidos equivalentes, entendiendo por \u00e9stos las</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:387.6pt\">inversiones a plazo inferior a 3 meses de gran liquidez y bajo riesgo de alteraciones en su valor.</span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.24pt\">Actividades de explotaci\u00f3n: Son las actividades que constituyen la principal fuente de ingresos ordinarios del Grupo, as\u00ed</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:353.35pt\">como otras actividades que no puedan ser calificadas como de inversi\u00f3n o financiaci\u00f3n.</span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.13pt\">Actividades de inversi\u00f3n: Las de adquisici\u00f3n, enajenaci\u00f3n o disposici\u00f3n por otros medios de activos a largo plazo y otras</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1239_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:232.8pt\">inversiones no incluidas en el efectivo y sus equivalentes.</span></div><div class=\"ps1710 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Actividades de financiaci\u00f3n: Actividades que producen cambios en el tama\u00f1o y composici\u00f3n del patrimonio neto y de los</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:124.55pt\">pasivos de car\u00e1cter financiero.</span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los flujos de las actividades de explotaci\u00f3n incluyen la parte correspondiente a las plusval\u00edas generadas por la actividad de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">rotaci\u00f3n de activos, si se realizan operaciones en el ejercicio, mientras que la parte correspondiente al valor neto contable de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.5pt\">los activos enajenados se registra en el ep\u00edgrafe de Actividades de inversi\u00f3n.</span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">En cuanto a los pagos por arrendamientos, se separa el importe total de los flujos de caja pagados en cada ejercicio entre el</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">principal (presentado dentro de actividades de financiaci\u00f3n) y los intereses (presentados asimismo dentro de actividades de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:55.49pt\">financiaci\u00f3n).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-468": {
   "value": "<div class=\"ps1717 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1716_1\"><span style=\"display:inline-block;height:6.8pt;width:5.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Activos intangibles</span></div><div class=\"ps1718 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Fondo de comercio </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El fondo de comercio generado en la consolidaci\u00f3n representa la diferencia entre el precio de adquisici\u00f3n de las sociedades</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1720 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">dependientes, consolidadas por el m\u00e9todo de integraci\u00f3n global, y la participaci\u00f3n del Grupo en el valor de mercado de los</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1721 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.98pt\">elementos que componen los activos y pasivos identificables de las sociedades dependientes.</span></div><div class=\"ps1722 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Los fondos de comercio generados en adquisiciones anteriores a la fecha de transici\u00f3n a las NIIF se mantienen en el Balance</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1723 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:497.13pt\">consolidado por el valor neto registrado a 31 de diciembre de 2003, netos de su deterioro correspondiente si fuera el caso.</span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los fondos de comercio no se amortizan. En su lugar, son revisados anualmente mediante estudios para verificar que no exista</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">deterioro del valor asignado inicialmente, reconoci\u00e9ndose p\u00e9rdidas por el deterioro de valor si el valor recuperable,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">determinado en base al valor actual de los flujos futuros esperados de las unidades generadoras de efectivo asociadas a cada</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1725_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">uno de los fondos de comercio y descontados a una tasa que considera los riesgos espec\u00edficos de cada una de dichas unidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">generadoras, es inferior al valor asignado inicialmente. Una vez reconocida la p\u00e9rdida por deterioro de un fondo de comercio,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">\u00e9sta no revierte en los ejercicios futuros. Estas valoraciones son realizadas de forma interna y se ofrecen detalles sobre su</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1728 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.52pt\">c\u00e1lculo en la Nota 9.</span></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros activos intangibles</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El resto de los activos intangibles corresponde a diversas aplicaciones inform\u00e1ticas, as\u00ed como derechos de traspaso y propiedad</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:41.31pt\">industrial.</span></div><div class=\"ps1732_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las aplicaciones inform\u00e1ticas se encuentran valoradas a su precio de adquisici\u00f3n o coste de producci\u00f3n y se amortizan</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1734 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.28pt\">linealmente durante su vida \u00fatil estimada en un plazo entre 5 y 10 a\u00f1os. </span><span class=\"f charStyle-f47c836a ps1733\" style=\"width:204.34pt\">Los gastos relacionados con el mantenimiento de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.13pt\">programas inform\u00e1ticos se reconocen como gasto cuando se incurre en ellos.</span><span class=\"f charStyle-f47c836a ps1735\" style=\"width:2.71pt\"> </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Dentro de este ep\u00edgrafe, se incluyen las inversiones en innovaci\u00f3n tecnol\u00f3gica en los que el Grupo ha incurrido para la</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">producci\u00f3n de programas inform\u00e1ticos \u00fanicos, identificables y controlados por el Grupo y que, adem\u00e1s, cumplen las siguientes</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.33pt\">condiciones:</span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">T\u00e9cnicamente, es posible completar la producci\u00f3n del activo intangible de forma que pueda estar disponible para su</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:78pt\">utilizaci\u00f3n o venta.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:361.87pt\">La Compa\u00f1\u00eda tiene la intenci\u00f3n de completar el activo intangible, para usarlo o venderlo.</span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:292.18pt\">La Compa\u00f1\u00eda tiene capacidad para utilizar o vender el activo intangible.</span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:478.74pt\">Se puede demostrar la forma en que el activo intangible vaya a generar probables beneficios econ\u00f3micos en el futuro.</span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">Existe disponibilidad de los adecuados recursos t\u00e9cnicos, financieros o de otro tipo, para completar el desarrollo y para</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:150.35pt\">utilizar o vender el activo intangible.</span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:403.09pt\">El desembolso atribuible al activo intangible durante su desarrollo puede valorarse de forma fiable.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los costes directamente atribuibles que se capitalizan como parte de los programas inform\u00e1ticos incluyen el coste social del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:345.41pt\">personal que desarrolla los programas y un porcentaje adecuado de gastos generales.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Los derechos de traspaso corresponden, principalmente, a los costes de adquisici\u00f3n de los derechos de explotaci\u00f3n y gesti\u00f3n</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.06pt\">de diversos hoteles y se amortizan linealmente durante el tiempo de duraci\u00f3n de los contratos vinculados a estos derechos.</span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las inversiones realizadas en marcas, que se contabilizan inicialmente a coste de adquisici\u00f3n, no se amortizan al estimarse su</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1738 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">vida \u00fatil indefinida. La amortizaci\u00f3n del resto de elementos recogidos en propiedad industrial es lineal por un periodo de cinco</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:21.39pt\">a\u00f1os.</span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cada cierre de ejercicio el Grupo eval\u00faa si existe alg\u00fan indicio de deterioro de valor de este este tipo de activos,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:502.63pt\">estim\u00e1ndose el valor recuperable de los mismos en caso de que as\u00ed fuera conforme a la metodolog\u00eda descrita en la Nota 3.2.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-469": {
   "value": "<div class=\"ps1718 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Fondo de comercio </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El fondo de comercio generado en la consolidaci\u00f3n representa la diferencia entre el precio de adquisici\u00f3n de las sociedades</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1720 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">dependientes, consolidadas por el m\u00e9todo de integraci\u00f3n global, y la participaci\u00f3n del Grupo en el valor de mercado de los</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1721 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.98pt\">elementos que componen los activos y pasivos identificables de las sociedades dependientes.</span></div><div class=\"ps1722 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Los fondos de comercio generados en adquisiciones anteriores a la fecha de transici\u00f3n a las NIIF se mantienen en el Balance</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1723 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:497.13pt\">consolidado por el valor neto registrado a 31 de diciembre de 2003, netos de su deterioro correspondiente si fuera el caso.</span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los fondos de comercio no se amortizan. En su lugar, son revisados anualmente mediante estudios para verificar que no exista</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">deterioro del valor asignado inicialmente, reconoci\u00e9ndose p\u00e9rdidas por el deterioro de valor si el valor recuperable,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">determinado en base al valor actual de los flujos futuros esperados de las unidades generadoras de efectivo asociadas a cada</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1725_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">uno de los fondos de comercio y descontados a una tasa que considera los riesgos espec\u00edficos de cada una de dichas unidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">generadoras, es inferior al valor asignado inicialmente. Una vez reconocida la p\u00e9rdida por deterioro de un fondo de comercio,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">\u00e9sta no revierte en los ejercicios futuros. Estas valoraciones son realizadas de forma interna y se ofrecen detalles sobre su</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1728 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.52pt\">c\u00e1lculo en la Nota 9.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-471": {
   "value": "<div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los fondos de comercio no se amortizan. En su lugar, son revisados anualmente mediante estudios para verificar que no exista</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">deterioro del valor asignado inicialmente, reconoci\u00e9ndose p\u00e9rdidas por el deterioro de valor si el valor recuperable,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">determinado en base al valor actual de los flujos futuros esperados de las unidades generadoras de efectivo asociadas a cada</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1725_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">uno de los fondos de comercio y descontados a una tasa que considera los riesgos espec\u00edficos de cada una de dichas unidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">generadoras, es inferior al valor asignado inicialmente. Una vez reconocida la p\u00e9rdida por deterioro de un fondo de comercio,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">\u00e9sta no revierte en los ejercicios futuros. Estas valoraciones son realizadas de forma interna y se ofrecen detalles sobre su</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1728 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.52pt\">c\u00e1lculo en la Nota 9.</span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cada cierre de ejercicio el Grupo eval\u00faa si existe alg\u00fan indicio de deterioro de valor de este este tipo de activos,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:502.63pt\">estim\u00e1ndose el valor recuperable de los mismos en caso de que as\u00ed fuera conforme a la metodolog\u00eda descrita en la Nota 3.2.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro de valor del activo material e intangible</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">La Compa\u00f1\u00eda eval\u00faa en cada cierre de ejercicio si hay indicios de que los activos puedan estar deteriorados. Si existe alg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.42pt\">indicio, se realiza una estimaci\u00f3n del importe recuperable del activo. </span><span class=\"f charStyle-f47c836a ps1774\" style=\"width:231.04pt\">El importe recuperable de un activo o unidad generadora</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de efectivo es el mayor entre el valor razonable menos los costes de venta del activo o unidad generadora de efectivo y su</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor en uso, y se determina para cada activo individualmente, a menos que el activo no genere entradas de efectivo que sean</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:252.43pt\">independientes de las de otro activo o grupo de activos. </span><span class=\"f charStyle-f47c836a ps1775_1\" style=\"width:263.04pt\">Peri\u00f3dicamente, el Grupo obtiene valoraciones realizadas por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">expertos independientes del valor razonable de sus activos hoteleros en propiedad, tanto explotados por la Compa\u00f1\u00eda como</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">arrendados a terceros, as\u00ed como determinados hoteles en arrendamiento. Dichas valoraciones son completadas por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.27pt\">valoraciones realizadas internamente.</span><span class=\"f charStyle-f47c836a ps1776\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A la hora de determinar el valor de los activos, el criterio de valoraci\u00f3n m\u00e1s utilizado por los expertos es el descuento de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">flujos de caja, dado que generalmente las inversiones hoteleras son valoradas en funci\u00f3n de los ingresos futuros potenciales.</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En determinados casos, se utilizan otros m\u00e9todos de valoraci\u00f3n como el m\u00e9todo de los comparables o el del valor residual.</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.37pt\">Este \u00faltimo m\u00e9todo se utiliza principalmente a la hora de valorar solares y parcelas de terreno.</span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En cada cierre de los ejercicios en los que no se obtienen valoraciones de expertos independientes, el Grupo eval\u00faa si hay</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:277.55pt\">indicios de que sus activos materiales puedan estar deteriorados. </span><span class=\"f charStyle-f47c836a ps1781_1\" style=\"width:238.06pt\">Para los hoteles en propiedad, el Grupo considera si hay</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">indicios de deterioro en base, principalmente, al resultado de explotaci\u00f3n de las diferentes unidades generadoras de efectivo,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">as\u00ed como a fuentes de informaci\u00f3n externa observables que pongan de manifiesto que el valor del activo ha disminuido durante</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">el periodo significativamente m\u00e1s que lo que cabr\u00eda esperar como consecuencia del paso del tiempo o de su uso normal,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1783 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">debido a cambios que puedan haber acontecido en el entorno en el que opera el hotel. Adem\u00e1s, se toman en consideraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1784 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">otros factores como las circunstancias geopol\u00edticas, coyunturas econ\u00f3micas o desastres naturales que pudieran afectar al valor</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1785 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.48pt\">recuperable de estos activos.</span></div><div class=\"ps1786 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Si existe alg\u00fan indicio, o cuando se requiere una prueba anual de deterioro, el Grupo realiza una estimaci\u00f3n del importe</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1787 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">recuperable del activo tomando como base la metodolog\u00eda utilizada en la \u00faltima valoraci\u00f3n del experto independiente para el</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1789_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.67pt\">correspondiente activo o unidad generadora de efectivo.</span><span class=\"f charStyle-f47c836a ps1788\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1180 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:189.28pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1790_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1791_1\" style=\"width:307.39pt\">, y aplicando hip\u00f3tesis de crecimiento consistentes con el mercado en que</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1792 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo de 10 a\u00f1os, estimando un valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">residual de acuerdo a una tasa de crecimiento a largo plazo no superior al crecimiento esperado de la econom\u00eda y del sector</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">donde opera el activo. En el caso de los activos en arrendamiento, los flujos de efectivo se proyectan durante la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estimada del arrendamiento, conforme se describe en la Nota 3.11. Los flujos futuros de efectivo estimados se descuentan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">utilizando una tasa de descuento antes de impuestos que refleje la evoluci\u00f3n del valor del dinero en el tiempo en el mercado</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">actual y los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros de efectivo estimados,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos significativos que</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:81.87pt\">pudieran afectarles.</span><span class=\"f charStyle-f47c836a ps1799_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1801 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Cuando el valor en libros de un activo excede su importe recuperable, el activo se considera deteriorado y se reduce su valor</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">en libros hasta su importe recuperable. Las p\u00e9rdidas por deterioro de las actividades que contin\u00faan se reconocen en la Cuenta</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:431.03pt\">de p\u00e9rdidas y ganancias consolidada en la categor\u00eda de gasto acorde con la funci\u00f3n del activo deteriorado.</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En cada cierre de ejercicio se realiza una evaluaci\u00f3n de si existen indicios de que las p\u00e9rdidas por deterioro reconocidas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">previamente han desaparecido o disminuido. Si existen estos indicios, se estima el valor recuperable. Una p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">deterioro reconocida anteriormente se revierte s\u00f3lo si se ha producido un cambio en las estimaciones utilizadas para</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">determinar el importe recuperable del activo desde que la \u00faltima p\u00e9rdida por deterioro fue reconocida. Si este es el caso, el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor en libros del activo se incrementa hasta su valor recuperable. Este incremento no puede exceder el valor en libros que se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">hubiese registrado, neto de amortizaci\u00f3n, de no haberse reconocido la p\u00e9rdida por deterioro para el activo en a\u00f1os anteriores.</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Esta reversi\u00f3n se reconoce en la Cuenta de p\u00e9rdidas y ganancias consolidada del periodo. Despu\u00e9s de esta reversi\u00f3n, el gasto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de amortizaci\u00f3n se ajusta en los siguientes periodos, para imputar el valor en libros revisado del activo, menos su valor</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:267.61pt\">residual, de forma sistem\u00e1tica a lo largo de la vida \u00fatil del activo.</span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:179.69pt\">Deterioro de valor de los activos financieros</span></div><div class=\"ps1829 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La Compa\u00f1\u00eda aplica un enfoque simplificado en el c\u00e1lculo de las p\u00e9rdidas crediticias esperadas de los activos financieros a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1830 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">coste amortizado, reconociendo en cada fecha de cierre, en su caso, una correcci\u00f3n de valor por las p\u00e9rdidas crediticias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1831 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">esperadas durante toda la vida del activo. Para ello, el Grupo ha establecido una matriz de provisiones que se basa en su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.3pt\">historial de p\u00e9rdidas crediticias, ajustada por factores prospectivos espec\u00edficos para dichos activos.</span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Debido a las caracter\u00edsticas del principal sector donde opera la Compa\u00f1\u00eda, los clientes del segmento hotelero tienen un riesgo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1835 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">de insolvencia m\u00ednimo.</span><span class=\"f charStyle-f47c836a ps1834_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En relaci\u00f3n a los clientes del club vacacional, la Compa\u00f1\u00eda puede proceder a la rescisi\u00f3n de los contratos, por lo que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impacto de la cancelaci\u00f3n de dicha cuenta a cobrar implicar\u00eda tambi\u00e9n la baja en cuentas de las obligaciones pendientes de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.5pt\">ejecuci\u00f3n.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro del derecho de uso</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En general, los activos por derecho de uso no generan entradas de efectivo independientes por lo que su evaluaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">deterioro debe realizarse como parte de una unidad generadora de efectivo, y consecuentemente el Grupo ajusta el c\u00e1lculo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">del valor recuperable de dicha unidad generadora de efectivo descrito en esta Nota. En este sentido, el Grupo excluye del</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">valor en libros de la unidad generadora de efectivo los pasivos por arrendamiento, y excluye asimismo del c\u00e1lculo de su valor</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.41pt\">en uso los pagos asociados a dichos pasivos. Por el contrario, el Grupo incluye en el c\u00e1lculo del valor en uso las cuotas</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">variables ya que no est\u00e1n incluidas en el pasivo por arrendamiento as\u00ed como las cuotas de renovaci\u00f3n del arrendamiento</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:510.78pt\">cuando el plazo del mismo sea inferior al per\u00edodo de proyecci\u00f3n de los flujos de efectivo de la unidad generadora de efectivo.</span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:188.64pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1960_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1961_1\" style=\"width:308.14pt\">, neto de impuestos, y aplicando hip\u00f3tesis de crecimiento consistentes con</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">el mercado en que opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo igual a la</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">duraci\u00f3n del arrendamiento. Las tasas de descuento utilizadas en la determinaci\u00f3n del importe recuperable tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ajustan de forma que sean coherentes con los flujos de efectivo subyacentes y con la unidad generadora de efectivo</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">correspondiente, afectando dichos flujos con los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de efectivo estimados, principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.32pt\">significativos que pudieran afectarles.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-470": {
   "value": "<div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los fondos de comercio no se amortizan. En su lugar, son revisados anualmente mediante estudios para verificar que no exista</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">deterioro del valor asignado inicialmente, reconoci\u00e9ndose p\u00e9rdidas por el deterioro de valor si el valor recuperable,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">determinado en base al valor actual de los flujos futuros esperados de las unidades generadoras de efectivo asociadas a cada</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1725_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">uno de los fondos de comercio y descontados a una tasa que considera los riesgos espec\u00edficos de cada una de dichas unidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">generadoras, es inferior al valor asignado inicialmente. Una vez reconocida la p\u00e9rdida por deterioro de un fondo de comercio,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">\u00e9sta no revierte en los ejercicios futuros. Estas valoraciones son realizadas de forma interna y se ofrecen detalles sobre su</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1728 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.52pt\">c\u00e1lculo en la Nota 9.</span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cada cierre de ejercicio el Grupo eval\u00faa si existe alg\u00fan indicio de deterioro de valor de este este tipo de activos,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:502.63pt\">estim\u00e1ndose el valor recuperable de los mismos en caso de que as\u00ed fuera conforme a la metodolog\u00eda descrita en la Nota 3.2.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro de valor del activo material e intangible</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">La Compa\u00f1\u00eda eval\u00faa en cada cierre de ejercicio si hay indicios de que los activos puedan estar deteriorados. Si existe alg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.42pt\">indicio, se realiza una estimaci\u00f3n del importe recuperable del activo. </span><span class=\"f charStyle-f47c836a ps1774\" style=\"width:231.04pt\">El importe recuperable de un activo o unidad generadora</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de efectivo es el mayor entre el valor razonable menos los costes de venta del activo o unidad generadora de efectivo y su</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor en uso, y se determina para cada activo individualmente, a menos que el activo no genere entradas de efectivo que sean</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:252.43pt\">independientes de las de otro activo o grupo de activos. </span><span class=\"f charStyle-f47c836a ps1775_1\" style=\"width:263.04pt\">Peri\u00f3dicamente, el Grupo obtiene valoraciones realizadas por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">expertos independientes del valor razonable de sus activos hoteleros en propiedad, tanto explotados por la Compa\u00f1\u00eda como</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">arrendados a terceros, as\u00ed como determinados hoteles en arrendamiento. Dichas valoraciones son completadas por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.27pt\">valoraciones realizadas internamente.</span><span class=\"f charStyle-f47c836a ps1776\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A la hora de determinar el valor de los activos, el criterio de valoraci\u00f3n m\u00e1s utilizado por los expertos es el descuento de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">flujos de caja, dado que generalmente las inversiones hoteleras son valoradas en funci\u00f3n de los ingresos futuros potenciales.</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En determinados casos, se utilizan otros m\u00e9todos de valoraci\u00f3n como el m\u00e9todo de los comparables o el del valor residual.</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.37pt\">Este \u00faltimo m\u00e9todo se utiliza principalmente a la hora de valorar solares y parcelas de terreno.</span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En cada cierre de los ejercicios en los que no se obtienen valoraciones de expertos independientes, el Grupo eval\u00faa si hay</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:277.55pt\">indicios de que sus activos materiales puedan estar deteriorados. </span><span class=\"f charStyle-f47c836a ps1781_1\" style=\"width:238.06pt\">Para los hoteles en propiedad, el Grupo considera si hay</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">indicios de deterioro en base, principalmente, al resultado de explotaci\u00f3n de las diferentes unidades generadoras de efectivo,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">as\u00ed como a fuentes de informaci\u00f3n externa observables que pongan de manifiesto que el valor del activo ha disminuido durante</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">el periodo significativamente m\u00e1s que lo que cabr\u00eda esperar como consecuencia del paso del tiempo o de su uso normal,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1783 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">debido a cambios que puedan haber acontecido en el entorno en el que opera el hotel. Adem\u00e1s, se toman en consideraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1784 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">otros factores como las circunstancias geopol\u00edticas, coyunturas econ\u00f3micas o desastres naturales que pudieran afectar al valor</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1785 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.48pt\">recuperable de estos activos.</span></div><div class=\"ps1786 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Si existe alg\u00fan indicio, o cuando se requiere una prueba anual de deterioro, el Grupo realiza una estimaci\u00f3n del importe</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1787 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">recuperable del activo tomando como base la metodolog\u00eda utilizada en la \u00faltima valoraci\u00f3n del experto independiente para el</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1789_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.67pt\">correspondiente activo o unidad generadora de efectivo.</span><span class=\"f charStyle-f47c836a ps1788\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1180 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:189.28pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1790_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1791_1\" style=\"width:307.39pt\">, y aplicando hip\u00f3tesis de crecimiento consistentes con el mercado en que</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1792 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo de 10 a\u00f1os, estimando un valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">residual de acuerdo a una tasa de crecimiento a largo plazo no superior al crecimiento esperado de la econom\u00eda y del sector</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">donde opera el activo. En el caso de los activos en arrendamiento, los flujos de efectivo se proyectan durante la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estimada del arrendamiento, conforme se describe en la Nota 3.11. Los flujos futuros de efectivo estimados se descuentan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">utilizando una tasa de descuento antes de impuestos que refleje la evoluci\u00f3n del valor del dinero en el tiempo en el mercado</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">actual y los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros de efectivo estimados,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos significativos que</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:81.87pt\">pudieran afectarles.</span><span class=\"f charStyle-f47c836a ps1799_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1801 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Cuando el valor en libros de un activo excede su importe recuperable, el activo se considera deteriorado y se reduce su valor</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">en libros hasta su importe recuperable. Las p\u00e9rdidas por deterioro de las actividades que contin\u00faan se reconocen en la Cuenta</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:431.03pt\">de p\u00e9rdidas y ganancias consolidada en la categor\u00eda de gasto acorde con la funci\u00f3n del activo deteriorado.</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En cada cierre de ejercicio se realiza una evaluaci\u00f3n de si existen indicios de que las p\u00e9rdidas por deterioro reconocidas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">previamente han desaparecido o disminuido. Si existen estos indicios, se estima el valor recuperable. Una p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">deterioro reconocida anteriormente se revierte s\u00f3lo si se ha producido un cambio en las estimaciones utilizadas para</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">determinar el importe recuperable del activo desde que la \u00faltima p\u00e9rdida por deterioro fue reconocida. Si este es el caso, el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor en libros del activo se incrementa hasta su valor recuperable. Este incremento no puede exceder el valor en libros que se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">hubiese registrado, neto de amortizaci\u00f3n, de no haberse reconocido la p\u00e9rdida por deterioro para el activo en a\u00f1os anteriores.</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Esta reversi\u00f3n se reconoce en la Cuenta de p\u00e9rdidas y ganancias consolidada del periodo. Despu\u00e9s de esta reversi\u00f3n, el gasto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de amortizaci\u00f3n se ajusta en los siguientes periodos, para imputar el valor en libros revisado del activo, menos su valor</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:267.61pt\">residual, de forma sistem\u00e1tica a lo largo de la vida \u00fatil del activo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-472": {
   "value": "<div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros activos intangibles</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El resto de los activos intangibles corresponde a diversas aplicaciones inform\u00e1ticas, as\u00ed como derechos de traspaso y propiedad</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:41.31pt\">industrial.</span></div><div class=\"ps1732_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las aplicaciones inform\u00e1ticas se encuentran valoradas a su precio de adquisici\u00f3n o coste de producci\u00f3n y se amortizan</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1734 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.28pt\">linealmente durante su vida \u00fatil estimada en un plazo entre 5 y 10 a\u00f1os. </span><span class=\"f charStyle-f47c836a ps1733\" style=\"width:204.34pt\">Los gastos relacionados con el mantenimiento de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.13pt\">programas inform\u00e1ticos se reconocen como gasto cuando se incurre en ellos.</span><span class=\"f charStyle-f47c836a ps1735\" style=\"width:2.71pt\"> </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Dentro de este ep\u00edgrafe, se incluyen las inversiones en innovaci\u00f3n tecnol\u00f3gica en los que el Grupo ha incurrido para la</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">producci\u00f3n de programas inform\u00e1ticos \u00fanicos, identificables y controlados por el Grupo y que, adem\u00e1s, cumplen las siguientes</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.33pt\">condiciones:</span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">T\u00e9cnicamente, es posible completar la producci\u00f3n del activo intangible de forma que pueda estar disponible para su</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:78pt\">utilizaci\u00f3n o venta.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:361.87pt\">La Compa\u00f1\u00eda tiene la intenci\u00f3n de completar el activo intangible, para usarlo o venderlo.</span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:292.18pt\">La Compa\u00f1\u00eda tiene capacidad para utilizar o vender el activo intangible.</span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:478.74pt\">Se puede demostrar la forma en que el activo intangible vaya a generar probables beneficios econ\u00f3micos en el futuro.</span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.19pt\">Existe disponibilidad de los adecuados recursos t\u00e9cnicos, financieros o de otro tipo, para completar el desarrollo y para</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:150.35pt\">utilizar o vender el activo intangible.</span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:403.09pt\">El desembolso atribuible al activo intangible durante su desarrollo puede valorarse de forma fiable.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los costes directamente atribuibles que se capitalizan como parte de los programas inform\u00e1ticos incluyen el coste social del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:345.41pt\">personal que desarrolla los programas y un porcentaje adecuado de gastos generales.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Los derechos de traspaso corresponden, principalmente, a los costes de adquisici\u00f3n de los derechos de explotaci\u00f3n y gesti\u00f3n</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.06pt\">de diversos hoteles y se amortizan linealmente durante el tiempo de duraci\u00f3n de los contratos vinculados a estos derechos.</span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las inversiones realizadas en marcas, que se contabilizan inicialmente a coste de adquisici\u00f3n, no se amortizan al estimarse su</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1738 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">vida \u00fatil indefinida. La amortizaci\u00f3n del resto de elementos recogidos en propiedad industrial es lineal por un periodo de cinco</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:21.39pt\">a\u00f1os.</span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cada cierre de ejercicio el Grupo eval\u00faa si existe alg\u00fan indicio de deterioro de valor de este este tipo de activos,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:502.63pt\">estim\u00e1ndose el valor recuperable de los mismos en caso de que as\u00ed fuera conforme a la metodolog\u00eda descrita en la Nota 3.2.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-473": {
   "value": "<div class=\"ps1732_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las aplicaciones inform\u00e1ticas se encuentran valoradas a su precio de adquisici\u00f3n o coste de producci\u00f3n y se amortizan</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1734 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.28pt\">linealmente durante su vida \u00fatil estimada en un plazo entre 5 y 10 a\u00f1os. </span><span class=\"f charStyle-f47c836a ps1733\" style=\"width:204.34pt\">Los gastos relacionados con el mantenimiento de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.13pt\">programas inform\u00e1ticos se reconocen como gasto cuando se incurre en ellos.</span><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El Grupo amortiza su inmovilizado material linealmente, distribuyendo el coste de los activos entre los a\u00f1os de vida \u00fatil</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.28pt\">estimada, seg\u00fan el siguiente detalle:</span></div><div class=\"ps1758_1 ss0_2\"><div class=\"ss90_1 ws0 ps1757_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-8b2dbd07 ps267\">Construcciones</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3503 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">40-50 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Instalaciones t\u00e9cnicas</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1749_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">15-18 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Maquinaria</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1750_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">10-18 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Mobiliario</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1751_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">10-15 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Equipos Inform\u00e1ticos</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1753 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2019\">3-8 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Elementos de transporte</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1755 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2748\">5-10 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Otro Inmovilizado</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1756_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2019\">4-8 a\u00f1os</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1759 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha amortizaci\u00f3n, no obstante, es ajustada para aquellos activos asociados a contratos de arrendamiento, amortiz\u00e1ndose los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1760_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.62pt\">mismos durante el per\u00edodo m\u00e1s corto entre la vida \u00fatil del activo y la duraci\u00f3n de dicho contrato de arrendamiento.</span></div><div class=\"ps1761 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La vida \u00fatil y el valor residual de los activos materiales se revisa en la fecha de cada Balance consolidado, considerando</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1762_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">espec\u00edficamente si los riesgos relacionados con el clima requieren un cambio en la vida \u00fatil y el valor residual de los activos.</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1763 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los terrenos no est\u00e1n sometidos a amortizaci\u00f3n sistem\u00e1tica, al considerarse de vida \u00fatil indefinida, aunque s\u00ed se someten a</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1764 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.86pt\">pruebas de deterioro.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-474": {
   "value": "<span class=\"f charStyle-f47c836a ps1733\" style=\"width:204.34pt\">Los gastos relacionados con el mantenimiento de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span><div class=\"ps1282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:310.13pt\">programas inform\u00e1ticos se reconocen como gasto cuando se incurre en ellos.</span><span class=\"f charStyle-f47c836a ps1735\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las reparaciones que no representan una ampliaci\u00f3n de la vida \u00fatil o de la capacidad productiva del activo y los gastos de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mantenimiento son cargados directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada. Los costes de ampliaci\u00f3n o mejora</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que dan lugar a una mayor duraci\u00f3n del bien, o cuando los mismos s\u00f3lo se pueden utilizar junto con el elemento del</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.47pt\">inmovilizado, son capitalizados como mayor valor del mismo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRepairsAndMaintenanceExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-475": {
   "value": "<div class=\"ps1742 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1249_1\"><span style=\"display:inline-block;height:6.8pt;width:4.11pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Inmovilizado material</span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Se contabilizan al coste de adquisici\u00f3n, incluyendo costes de transacci\u00f3n, m\u00e1s costes financieros directamente atribuibles a la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">adquisici\u00f3n, construcci\u00f3n y reforma, que se producen hasta la puesta en condiciones de funcionamiento del bien, si los</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">hubiera, minorado por la amortizaci\u00f3n acumulada y cualquier p\u00e9rdida por deterioro de su valor conforme a lo descrito en esta</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1743_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:22.14pt\">Nota.</span><span class=\"f charStyle-f47c836a ps1702\" style=\"width:2.71pt\"> </span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las reparaciones que no representan una ampliaci\u00f3n de la vida \u00fatil o de la capacidad productiva del activo y los gastos de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mantenimiento son cargados directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada. Los costes de ampliaci\u00f3n o mejora</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que dan lugar a una mayor duraci\u00f3n del bien, o cuando los mismos s\u00f3lo se pueden utilizar junto con el elemento del</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.47pt\">inmovilizado, son capitalizados como mayor valor del mismo.</span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El Grupo amortiza su inmovilizado material linealmente, distribuyendo el coste de los activos entre los a\u00f1os de vida \u00fatil</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1603_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.28pt\">estimada, seg\u00fan el siguiente detalle:</span></div><div class=\"ps1758_1 ss0_2\"><div class=\"ss90_1 ws0 ps1757_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-8b2dbd07 ps267\">Construcciones</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3503 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">40-50 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Instalaciones t\u00e9cnicas</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1749_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">15-18 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Maquinaria</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1750_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">10-18 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Mobiliario</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1751_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps1747\">10-15 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Equipos Inform\u00e1ticos</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1753 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2019\">3-8 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Elementos de transporte</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1755 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2748\">5-10 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps1746 ss165\"><span class=\"f charStyle-f47c836a ps267\">Otro Inmovilizado</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1756_1 ss39_1\"><div><div class=\"ps1746 ss37\"><span class=\"f charStyle-f47c836a ps2019\">4-8 a\u00f1os</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1759 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Dicha amortizaci\u00f3n, no obstante, es ajustada para aquellos activos asociados a contratos de arrendamiento, amortiz\u00e1ndose los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1760_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.62pt\">mismos durante el per\u00edodo m\u00e1s corto entre la vida \u00fatil del activo y la duraci\u00f3n de dicho contrato de arrendamiento.</span></div><div class=\"ps1761 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La vida \u00fatil y el valor residual de los activos materiales se revisa en la fecha de cada Balance consolidado, considerando</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1762_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">espec\u00edficamente si los riesgos relacionados con el clima requieren un cambio en la vida \u00fatil y el valor residual de los activos.</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1763 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los terrenos no est\u00e1n sometidos a amortizaci\u00f3n sistem\u00e1tica, al considerarse de vida \u00fatil indefinida, aunque s\u00ed se someten a</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1764 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.86pt\">pruebas de deterioro.</span></div><div class=\"ps1765_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El ep\u00edgrafe de Otro inmovilizado incluye tambi\u00e9n el importe del inventario de reposiciones valoradas por su coste de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">realizaci\u00f3n, aplic\u00e1ndose como bajas las roturas y faltas del per\u00edodo, cuyo coste se registra en el ep\u00edgrafe de \"Otros gastos de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.59pt\">explotaci\u00f3n\" de la Cuenta de p\u00e9rdidas y ganancias consolidada.</span><span class=\"f charStyle-f47c836a ps1767_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro de valor del activo material e intangible</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">La Compa\u00f1\u00eda eval\u00faa en cada cierre de ejercicio si hay indicios de que los activos puedan estar deteriorados. Si existe alg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.42pt\">indicio, se realiza una estimaci\u00f3n del importe recuperable del activo. </span><span class=\"f charStyle-f47c836a ps1774\" style=\"width:231.04pt\">El importe recuperable de un activo o unidad generadora</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de efectivo es el mayor entre el valor razonable menos los costes de venta del activo o unidad generadora de efectivo y su</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">valor en uso, y se determina para cada activo individualmente, a menos que el activo no genere entradas de efectivo que sean</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:252.43pt\">independientes de las de otro activo o grupo de activos. </span><span class=\"f charStyle-f47c836a ps1775_1\" style=\"width:263.04pt\">Peri\u00f3dicamente, el Grupo obtiene valoraciones realizadas por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">expertos independientes del valor razonable de sus activos hoteleros en propiedad, tanto explotados por la Compa\u00f1\u00eda como</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">arrendados a terceros, as\u00ed como determinados hoteles en arrendamiento. Dichas valoraciones son completadas por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.27pt\">valoraciones realizadas internamente.</span><span class=\"f charStyle-f47c836a ps1776\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A la hora de determinar el valor de los activos, el criterio de valoraci\u00f3n m\u00e1s utilizado por los expertos es el descuento de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">flujos de caja, dado que generalmente las inversiones hoteleras son valoradas en funci\u00f3n de los ingresos futuros potenciales.</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En determinados casos, se utilizan otros m\u00e9todos de valoraci\u00f3n como el m\u00e9todo de los comparables o el del valor residual.</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.37pt\">Este \u00faltimo m\u00e9todo se utiliza principalmente a la hora de valorar solares y parcelas de terreno.</span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En cada cierre de los ejercicios en los que no se obtienen valoraciones de expertos independientes, el Grupo eval\u00faa si hay</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:277.55pt\">indicios de que sus activos materiales puedan estar deteriorados. </span><span class=\"f charStyle-f47c836a ps1781_1\" style=\"width:238.06pt\">Para los hoteles en propiedad, el Grupo considera si hay</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">indicios de deterioro en base, principalmente, al resultado de explotaci\u00f3n de las diferentes unidades generadoras de efectivo,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">as\u00ed como a fuentes de informaci\u00f3n externa observables que pongan de manifiesto que el valor del activo ha disminuido durante</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">el periodo significativamente m\u00e1s que lo que cabr\u00eda esperar como consecuencia del paso del tiempo o de su uso normal,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1783 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">debido a cambios que puedan haber acontecido en el entorno en el que opera el hotel. Adem\u00e1s, se toman en consideraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1784 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">otros factores como las circunstancias geopol\u00edticas, coyunturas econ\u00f3micas o desastres naturales que pudieran afectar al valor</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1785 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.48pt\">recuperable de estos activos.</span></div><div class=\"ps1786 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Si existe alg\u00fan indicio, o cuando se requiere una prueba anual de deterioro, el Grupo realiza una estimaci\u00f3n del importe</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1787 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">recuperable del activo tomando como base la metodolog\u00eda utilizada en la \u00faltima valoraci\u00f3n del experto independiente para el</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1789_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.67pt\">correspondiente activo o unidad generadora de efectivo.</span><span class=\"f charStyle-f47c836a ps1788\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1180 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:189.28pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1790_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1791_1\" style=\"width:307.39pt\">, y aplicando hip\u00f3tesis de crecimiento consistentes con el mercado en que</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1792 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo de 10 a\u00f1os, estimando un valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">residual de acuerdo a una tasa de crecimiento a largo plazo no superior al crecimiento esperado de la econom\u00eda y del sector</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">donde opera el activo. En el caso de los activos en arrendamiento, los flujos de efectivo se proyectan durante la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estimada del arrendamiento, conforme se describe en la Nota 3.11. Los flujos futuros de efectivo estimados se descuentan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">utilizando una tasa de descuento antes de impuestos que refleje la evoluci\u00f3n del valor del dinero en el tiempo en el mercado</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">actual y los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros de efectivo estimados,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos significativos que</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:81.87pt\">pudieran afectarles.</span><span class=\"f charStyle-f47c836a ps1799_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1801 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Cuando el valor en libros de un activo excede su importe recuperable, el activo se considera deteriorado y se reduce su valor</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">en libros hasta su importe recuperable. Las p\u00e9rdidas por deterioro de las actividades que contin\u00faan se reconocen en la Cuenta</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:431.03pt\">de p\u00e9rdidas y ganancias consolidada en la categor\u00eda de gasto acorde con la funci\u00f3n del activo deteriorado.</span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En cada cierre de ejercicio se realiza una evaluaci\u00f3n de si existen indicios de que las p\u00e9rdidas por deterioro reconocidas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">previamente han desaparecido o disminuido. Si existen estos indicios, se estima el valor recuperable. Una p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">deterioro reconocida anteriormente se revierte s\u00f3lo si se ha producido un cambio en las estimaciones utilizadas para</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1196 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">determinar el importe recuperable del activo desde que la \u00faltima p\u00e9rdida por deterioro fue reconocida. Si este es el caso, el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1197_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">valor en libros del activo se incrementa hasta su valor recuperable. Este incremento no puede exceder el valor en libros que se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">hubiese registrado, neto de amortizaci\u00f3n, de no haberse reconocido la p\u00e9rdida por deterioro para el activo en a\u00f1os anteriores.</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Esta reversi\u00f3n se reconoce en la Cuenta de p\u00e9rdidas y ganancias consolidada del periodo. Despu\u00e9s de esta reversi\u00f3n, el gasto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de amortizaci\u00f3n se ajusta en los siguientes periodos, para imputar el valor en libros revisado del activo, menos su valor</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:267.61pt\">residual, de forma sistem\u00e1tica a lo largo de la vida \u00fatil del activo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-476": {
   "value": "<div class=\"ps1805 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1804_1\"><span style=\"display:inline-block;height:6.8pt;width:4.12pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Inversiones inmobiliarias</span></div><div class=\"ps1689_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Se incluyen en este ep\u00edgrafe aquellas inversiones realizadas por el Grupo para obtener rentas de alquiler o plusval\u00edas, y que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1207 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:424.65pt\">generan flujos de efectivo independientes de los procedentes del resto de activos pose\u00eddos por el Grupo.</span></div><div class=\"ps1690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Con posterioridad al reconocimiento inicial realizado por el importe total de los costes asociados a la transacci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1691_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">adquisici\u00f3n del bien, el Grupo ha escogido la aplicaci\u00f3n del modelo de valor razonable, por lo que todas las inversiones</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1806 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">inmobiliarias se reconocen a valor razonable, incluy\u00e9ndose en los ep\u00edgrafes Otros gastos de explotaci\u00f3n y Plusval\u00edas de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1807 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">inmovilizado de la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio cualquier variaci\u00f3n del valor razonable, a la baja o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1808 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">al alza respectivamente que se produzca. En caso de enajenaci\u00f3n de inversiones inmobiliarias la diferencia entre el valor</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1809 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">razonable de la contraprestaci\u00f3n acordada y el valor en libros se incluir\u00e1 en el ep\u00edgrafe Plusval\u00edas de inmovilizado de la Cuenta</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1732_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.27pt\">de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Al final de cada ejercicio, el Grupo actualiza su evaluaci\u00f3n del valor razonable de cada inmueble, bien mediante la valoraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">realizada por un experto independiente, bien contrastando con informaci\u00f3n actualizada las principales variables utilizadas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">la \u00faltima valoraci\u00f3n disponible realizada por el experto. La mejor evidencia del valor razonable son los precios actuales en un</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">mercado activo para inmuebles similares. Cuando tal informaci\u00f3n no se encuentra disponible, se proyectan los flujos de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">efectivo futuros descontados, partiendo del presupuesto aprobado por los \u00f3rganos de gobierno de la Compa\u00f1\u00eda para el</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.16pt\">siguiente ejercicio, y aplicando hip\u00f3tesis de crecimiento consistentes con el mercado en el que opera dicho activo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-477": {
   "value": "<div class=\"ps1812 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">3.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:178.59pt\">Informaci\u00f3n financiera por segmentos</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">La informaci\u00f3n sobre los segmentos de explotaci\u00f3n se presenta de acuerdo con la informaci\u00f3n interna que se suministra a la</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">m\u00e1xima autoridad en la toma de decisiones. Se ha identificado como la m\u00e1xima autoridad en la toma de decisiones, que es</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">responsable de asignar los recursos y evaluar el rendimiento de los segmentos de explotaci\u00f3n, al Senior Executive Team (SET)</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">o Comit\u00e9 de Direcci\u00f3n. El SET es un \u00f3rgano colegiado, formado por los Chief Officers de cada Direcci\u00f3n General y el CEO (Chief</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:76.41pt\">Executive Officer).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-478": {
   "value": "<div class=\"ps1814 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1813_1\"><span style=\"display:inline-block;height:6.8pt;width:4.35pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Instrumentos Financieros</span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El Grupo reconoce un activo financiero o un pasivo financiero en su Balance consolidado cuando se convierte en parte de las</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1815 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:212.77pt\">cl\u00e1usulas contractuales del instrumento en cuesti\u00f3n.</span></div><div class=\"ps1816 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Activos financieros</span></div><div class=\"ps1817 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los activos financieros dentro del alcance de la NIIF 9 se clasifican seg\u00fan los criterios de valoraci\u00f3n como activos financieros a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1818 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">coste amortizado, activos financieros a valor razonable con cambios en otro resultado global, y activos financieros a valor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1819 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">razonable con cambios en resultados. La clasificaci\u00f3n dentro de una u otra categor\u00eda depender\u00e1 de las caracter\u00edsticas de los</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:503.03pt\">flujos de efectivo contractuales del activo financiero y del modelo de negocio de la Compa\u00f1\u00eda para gestionar dichos activos.</span></div><div class=\"ps1242_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Inicialmente, los activos financieros se valoran a valor razonable, excepto en el caso de las cuentas a cobrar comerciales, que</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1243 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.95pt\">se valorar\u00e1n a su precio de transacci\u00f3n en caso de que no tengan un componente financiero significativo.</span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Activos financieros a coste amortizado</span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dentro de esta clasificaci\u00f3n se incluyen los importes considerados en el ep\u00edgrafe de Deudores comerciales y otras cuentas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cobrar y todos los derechos de cobro incluidos en los ep\u00edgrafes de Otros activos financieros no corrientes y Otros activos</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:91.01pt\">financieros corrientes.</span><span class=\"f charStyle-f47c836a ps1821_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dichos activos se contabilizan posteriormente a coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo. Las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ganancias y p\u00e9rdidas se reconocen en resultados cuando los pr\u00e9stamos y partidas a cobrar se dan de baja en contabilidad o</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.16pt\">pierden valor por deterioro.</span></div><div class=\"ps1822_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los dep\u00f3sitos y fianzas no corrientes se valoran al coste amortizado usando el m\u00e9todo del tipo de inter\u00e9s efectivo, si bien no</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.09pt\">se descuentan por considerar que el efecto de la actualizaci\u00f3n no ser\u00eda significativo.</span></div><div class=\"ps1824 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Este tipo de activos se mantienen con el objetivo de obtener flujos de efectivo contractuales y dan lugar \u00fanicamente a pagos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.51pt\">de principal e intereses sobre el importe de principal pendiente.</span></div><div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:258.86pt\">Activos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1826 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Los activos financieros a valor razonable con cambios en resultados incluyen activos financieros mantenidos para su</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1827 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">negociaci\u00f3n y que se adquieren con el prop\u00f3sito de venderse, principalmente, en el corto plazo, as\u00ed como instrumentos de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1828 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.18pt\">patrimonio no cotizados de entidades sobre las que no se tiene control ni influencia significativa.</span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:179.69pt\">Deterioro de valor de los activos financieros</span></div><div class=\"ps1829 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La Compa\u00f1\u00eda aplica un enfoque simplificado en el c\u00e1lculo de las p\u00e9rdidas crediticias esperadas de los activos financieros a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1830 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">coste amortizado, reconociendo en cada fecha de cierre, en su caso, una correcci\u00f3n de valor por las p\u00e9rdidas crediticias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1831 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">esperadas durante toda la vida del activo. Para ello, el Grupo ha establecido una matriz de provisiones que se basa en su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.3pt\">historial de p\u00e9rdidas crediticias, ajustada por factores prospectivos espec\u00edficos para dichos activos.</span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Debido a las caracter\u00edsticas del principal sector donde opera la Compa\u00f1\u00eda, los clientes del segmento hotelero tienen un riesgo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1835 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">de insolvencia m\u00ednimo.</span><span class=\"f charStyle-f47c836a ps1834_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En relaci\u00f3n a los clientes del club vacacional, la Compa\u00f1\u00eda puede proceder a la rescisi\u00f3n de los contratos, por lo que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impacto de la cancelaci\u00f3n de dicha cuenta a cobrar implicar\u00eda tambi\u00e9n la baja en cuentas de las obligaciones pendientes de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.5pt\">ejecuci\u00f3n.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Pasivos Financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los pasivos financieros dentro del alcance de la NIIF 9 se clasifican seg\u00fan los criterios de valoraci\u00f3n como pasivos financieros</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">valorados a coste amortizado, pasivos financieros a valor razonable con cambios a resultados y pasivos financieros a valor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">razonable con cambios en otro resultado global. Estos pasivos se reconocen inicialmente a su valor razonable, ajustado por los</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">costes de transacci\u00f3n que le sean directamente imputables. Todos los pasivos financieros no derivados del Grupo se incluyen</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.96pt\">dentro de la clasificaci\u00f3n de Pasivos financieros valorados a coste amortizado.</span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.16pt\">Los gastos financieros derivados de pasivos financieros se registran en funci\u00f3n de su devengo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:415.32pt\">El Grupo da de baja los pasivos financieros cuando se extinguen las obligaciones que los han generado.</span></div><div class=\"ps1840 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Emisi\u00f3n de obligaciones y otros valores negociables</span></div><div class=\"ps1841 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las emisiones de deuda se registran inicialmente por el valor razonable de la contraprestaci\u00f3n recibida, deducidos los costes</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">directamente atribuibles a la transacci\u00f3n. Posteriormente, se valoran a coste amortizado utilizando el m\u00e9todo del tipo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">inter\u00e9s efectivo. Los bonos con un vencimiento superior a doce meses se clasifican en el pasivo no corriente, los que tienen</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:222.08pt\">vencimiento inferior se reflejan en el pasivo corriente.</span><span class=\"f charStyle-f47c836a ps1844_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1845 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.75pt\">Pr\u00e9stamos con rendimientos financieros</span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los pr\u00e9stamos se reconocen inicialmente por su coste, que es el valor razonable de la contraprestaci\u00f3n recibida, neto de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.89pt\">costes de emisi\u00f3n y descuento o prima de liquidaci\u00f3n asociados al endeudamiento.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Posteriormente al reconocimiento inicial, los pr\u00e9stamos y cr\u00e9ditos con rendimiento de intereses son valorados a su coste</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:245.87pt\">amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:187.12pt\">Pr\u00e9stamos y cr\u00e9ditos con entidades de cr\u00e9dito</span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Los pr\u00e9stamos se registran inicialmente por el efectivo recibido, neto de los costes incurridos en la transacci\u00f3n. En periodos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.09pt\">posteriores, se valoran a su coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1850 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Acreedores comerciales y otras cuentas a pagar</span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las cuentas a pagar originadas por operaciones de tr\u00e1fico se registran a valor razonable y posteriormente son valoradas a coste</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.81pt\">amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:387.1pt\">Se incluye m\u00e9todo de valoraci\u00f3n y pol\u00edticas contable sobre este tipo de pasivos en la Nota 3.11.</span></div><div class=\"ps1851 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros a coste amortizado</span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El resto de pasivos financieros que responden a obligaciones de pago detalladas en la Nota 13 de la memoria, se valoran por el</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1852 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">mismo criterio del coste amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo. No obstante, aquellos con vencimiento a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1853 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">corto plazo y que no tengan un tipo de inter\u00e9s contractual se valoran por el importe nominal cuando el efecto de no actualizar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1854 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:167.69pt\">los flujos de efectivo no sea significativo.</span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-39bd9abe ps12591\" style=\"width:152.43pt\">Instrumentos Financieros Derivados</span></div><div class=\"ps1856 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los instrumentos financieros derivados se clasifican como activos o pasivos financieros a valor razonable con cambios en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1857 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resultados o como coberturas contables, correspondiendo \u00e9stas a activos o pasivos financieros a valor razonable con cambios</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1858 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en otro resultado global. En ambos casos, los instrumentos financieros derivados son registrados inicialmente por su valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1859 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">razonable a la fecha en que se contrata el derivado y, peri\u00f3dicamente se ajusta dicho valor razonable. Los derivados se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1860 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">contabilizan como activos, en la l\u00ednea de Otros activos financieros, cuando el valor razonable es positivo y como pasivos, en el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1861 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ep\u00edgrafe de Otros pasivos financieros, cuando el valor razonable es negativo. Se clasifican como corriente o no corriente</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1862 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:180.98pt\">atendiendo al calendario estimado de flujos.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:87.32pt\">Coberturas Contables</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda ha optado por seguir aplicando los requisitos sobre contabilidad de coberturas bajo NIC 39, en aplicaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:109.31pt\">p\u00e1rrafo 7.2.21 de la NIIF 9.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Compa\u00f1\u00eda aplica contabilidad de coberturas en aquellas operaciones en las que se espera que la cobertura sea altamente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">eficaz, esto es, cuando los cambios en el valor razonable o en los flujos de efectivo de los elementos objeto de cobertura, se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">compensan con los cambios en el valor razonable o flujos de efectivo de los instrumentos de cobertura con una efectividad</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">comprendida entre un rango del 80% al 125%. Asimismo, en el momento de iniciar la cobertura, se documenta formalmente la</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.09pt\">relaci\u00f3n entre el elemento cubierto y el instrumento financiero derivado designado a tal efecto.</span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El Grupo tiene contratadas varias permutas (o swaps) de tipos de inter\u00e9s clasificadas como coberturas de flujos de efectivo.</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las variaciones en el valor razonable de dichos instrumentos financieros derivados se reflejan en el patrimonio neto, en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">ep\u00edgrafe de Otros ajustes por cambios de valor, imput\u00e1ndose por la parte considerada como cobertura eficaz a la Cuenta de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">p\u00e9rdidas y ganancias consolidada en la medida en que tambi\u00e9n se liquida la partida cubierta. La contabilizaci\u00f3n del valor</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.2pt\">razonable se hace atendiendo a la fecha de negociaci\u00f3n.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El valor razonable de los swaps de tipos de inter\u00e9s se determina mediante la t\u00e9cnica de valoraci\u00f3n del descuento de flujos de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">acuerdo a las caracter\u00edsticas de cada contrato, tales como nominal y calendario de cobros y pagos. Los factores de descuento</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">para la obtenci\u00f3n de dicho valor se calculan en base a la curva de tipos cup\u00f3n cero obtenida a partir de los dep\u00f3sitos y tipos</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que cotizan en el mercado en la fecha de valoraci\u00f3n. El valor razonable resultante se ajusta por el riesgo de cr\u00e9dito propio y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de la contraparte, de acuerdo a la NIIF 13. Estos valores se obtienen de estudios realizados, normalmente por las entidades</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.2pt\">financieras con las que el Grupo tiene contratados estos instrumentos.</span><span class=\"f charStyle-f47c836a ps1866_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados que no califican para la contabilidad de coberturas</span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Cualquier p\u00e9rdida o ganancia proveniente de cambios en el valor razonable de los derivados que no cumplen los requisitos para</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1867 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ser considerados como instrumentos de cobertura se imputa directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">ejercicio. El valor razonable de estos instrumentos financieros derivados se obtiene en base a estudios realizados por expertos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.68pt\">independientes</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-479": {
   "value": "<div class=\"ps1816 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Activos financieros</span></div><div class=\"ps1817 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los activos financieros dentro del alcance de la NIIF 9 se clasifican seg\u00fan los criterios de valoraci\u00f3n como activos financieros a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1818 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">coste amortizado, activos financieros a valor razonable con cambios en otro resultado global, y activos financieros a valor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1819 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">razonable con cambios en resultados. La clasificaci\u00f3n dentro de una u otra categor\u00eda depender\u00e1 de las caracter\u00edsticas de los</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:503.03pt\">flujos de efectivo contractuales del activo financiero y del modelo de negocio de la Compa\u00f1\u00eda para gestionar dichos activos.</span></div><div class=\"ps1242_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Inicialmente, los activos financieros se valoran a valor razonable, excepto en el caso de las cuentas a cobrar comerciales, que</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1243 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.95pt\">se valorar\u00e1n a su precio de transacci\u00f3n en caso de que no tengan un componente financiero significativo.</span></div><div class=\"ps1793 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Activos financieros a coste amortizado</span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dentro de esta clasificaci\u00f3n se incluyen los importes considerados en el ep\u00edgrafe de Deudores comerciales y otras cuentas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cobrar y todos los derechos de cobro incluidos en los ep\u00edgrafes de Otros activos financieros no corrientes y Otros activos</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:91.01pt\">financieros corrientes.</span><span class=\"f charStyle-f47c836a ps1821_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dichos activos se contabilizan posteriormente a coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo. Las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ganancias y p\u00e9rdidas se reconocen en resultados cuando los pr\u00e9stamos y partidas a cobrar se dan de baja en contabilidad o</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.16pt\">pierden valor por deterioro.</span></div><div class=\"ps1822_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los dep\u00f3sitos y fianzas no corrientes se valoran al coste amortizado usando el m\u00e9todo del tipo de inter\u00e9s efectivo, si bien no</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.09pt\">se descuentan por considerar que el efecto de la actualizaci\u00f3n no ser\u00eda significativo.</span></div><div class=\"ps1824 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Este tipo de activos se mantienen con el objetivo de obtener flujos de efectivo contractuales y dan lugar \u00fanicamente a pagos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.51pt\">de principal e intereses sobre el importe de principal pendiente.</span></div><div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:258.86pt\">Activos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1826 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Los activos financieros a valor razonable con cambios en resultados incluyen activos financieros mantenidos para su</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1827 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">negociaci\u00f3n y que se adquieren con el prop\u00f3sito de venderse, principalmente, en el corto plazo, as\u00ed como instrumentos de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1828 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.18pt\">patrimonio no cotizados de entidades sobre las que no se tiene control ni influencia significativa.</span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:179.69pt\">Deterioro de valor de los activos financieros</span></div><div class=\"ps1829 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La Compa\u00f1\u00eda aplica un enfoque simplificado en el c\u00e1lculo de las p\u00e9rdidas crediticias esperadas de los activos financieros a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1830 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">coste amortizado, reconociendo en cada fecha de cierre, en su caso, una correcci\u00f3n de valor por las p\u00e9rdidas crediticias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1831 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">esperadas durante toda la vida del activo. Para ello, el Grupo ha establecido una matriz de provisiones que se basa en su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.3pt\">historial de p\u00e9rdidas crediticias, ajustada por factores prospectivos espec\u00edficos para dichos activos.</span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Debido a las caracter\u00edsticas del principal sector donde opera la Compa\u00f1\u00eda, los clientes del segmento hotelero tienen un riesgo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1835 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">de insolvencia m\u00ednimo.</span><span class=\"f charStyle-f47c836a ps1834_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En relaci\u00f3n a los clientes del club vacacional, la Compa\u00f1\u00eda puede proceder a la rescisi\u00f3n de los contratos, por lo que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impacto de la cancelaci\u00f3n de dicha cuenta a cobrar implicar\u00eda tambi\u00e9n la baja en cuentas de las obligaciones pendientes de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.5pt\">ejecuci\u00f3n.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-480": {
   "value": "<div class=\"ps1793 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Activos financieros a coste amortizado</span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dentro de esta clasificaci\u00f3n se incluyen los importes considerados en el ep\u00edgrafe de Deudores comerciales y otras cuentas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">cobrar y todos los derechos de cobro incluidos en los ep\u00edgrafes de Otros activos financieros no corrientes y Otros activos</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:91.01pt\">financieros corrientes.</span><span class=\"f charStyle-f47c836a ps1821_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Dichos activos se contabilizan posteriormente a coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo. Las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ganancias y p\u00e9rdidas se reconocen en resultados cuando los pr\u00e9stamos y partidas a cobrar se dan de baja en contabilidad o</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.16pt\">pierden valor por deterioro.</span></div><div class=\"ps1822_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los dep\u00f3sitos y fianzas no corrientes se valoran al coste amortizado usando el m\u00e9todo del tipo de inter\u00e9s efectivo, si bien no</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.09pt\">se descuentan por considerar que el efecto de la actualizaci\u00f3n no ser\u00eda significativo.</span></div><div class=\"ps1824 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Este tipo de activos se mantienen con el objetivo de obtener flujos de efectivo contractuales y dan lugar \u00fanicamente a pagos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.51pt\">de principal e intereses sobre el importe de principal pendiente.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-481": {
   "value": "<div class=\"ps1647_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:258.86pt\">Activos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1826 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Los activos financieros a valor razonable con cambios en resultados incluyen activos financieros mantenidos para su</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1827 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">negociaci\u00f3n y que se adquieren con el prop\u00f3sito de venderse, principalmente, en el corto plazo, as\u00ed como instrumentos de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1828 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.18pt\">patrimonio no cotizados de entidades sobre las que no se tiene control ni influencia significativa.</span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-39bd9abe ps12591\" style=\"width:152.43pt\">Instrumentos Financieros Derivados</span></div><div class=\"ps1856 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los instrumentos financieros derivados se clasifican como activos o pasivos financieros a valor razonable con cambios en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1857 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resultados o como coberturas contables, correspondiendo \u00e9stas a activos o pasivos financieros a valor razonable con cambios</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1858 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en otro resultado global. En ambos casos, los instrumentos financieros derivados son registrados inicialmente por su valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1859 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">razonable a la fecha en que se contrata el derivado y, peri\u00f3dicamente se ajusta dicho valor razonable. Los derivados se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1860 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">contabilizan como activos, en la l\u00ednea de Otros activos financieros, cuando el valor razonable es positivo y como pasivos, en el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1861 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ep\u00edgrafe de Otros pasivos financieros, cuando el valor razonable es negativo. Se clasifican como corriente o no corriente</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1862 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:180.98pt\">atendiendo al calendario estimado de flujos.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-482": {
   "value": "<div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:179.69pt\">Deterioro de valor de los activos financieros</span></div><div class=\"ps1829 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La Compa\u00f1\u00eda aplica un enfoque simplificado en el c\u00e1lculo de las p\u00e9rdidas crediticias esperadas de los activos financieros a</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1830 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">coste amortizado, reconociendo en cada fecha de cierre, en su caso, una correcci\u00f3n de valor por las p\u00e9rdidas crediticias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1831 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">esperadas durante toda la vida del activo. Para ello, el Grupo ha establecido una matriz de provisiones que se basa en su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.3pt\">historial de p\u00e9rdidas crediticias, ajustada por factores prospectivos espec\u00edficos para dichos activos.</span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Debido a las caracter\u00edsticas del principal sector donde opera la Compa\u00f1\u00eda, los clientes del segmento hotelero tienen un riesgo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1835 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:92.94pt\">de insolvencia m\u00ednimo.</span><span class=\"f charStyle-f47c836a ps1834_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En relaci\u00f3n a los clientes del club vacacional, la Compa\u00f1\u00eda puede proceder a la rescisi\u00f3n de los contratos, por lo que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impacto de la cancelaci\u00f3n de dicha cuenta a cobrar implicar\u00eda tambi\u00e9n la baja en cuentas de las obligaciones pendientes de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.5pt\">ejecuci\u00f3n.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-483": {
   "value": "<div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Pasivos Financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los pasivos financieros dentro del alcance de la NIIF 9 se clasifican seg\u00fan los criterios de valoraci\u00f3n como pasivos financieros</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">valorados a coste amortizado, pasivos financieros a valor razonable con cambios a resultados y pasivos financieros a valor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">razonable con cambios en otro resultado global. Estos pasivos se reconocen inicialmente a su valor razonable, ajustado por los</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">costes de transacci\u00f3n que le sean directamente imputables. Todos los pasivos financieros no derivados del Grupo se incluyen</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.96pt\">dentro de la clasificaci\u00f3n de Pasivos financieros valorados a coste amortizado.</span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.16pt\">Los gastos financieros derivados de pasivos financieros se registran en funci\u00f3n de su devengo.</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:415.32pt\">El Grupo da de baja los pasivos financieros cuando se extinguen las obligaciones que los han generado.</span></div><div class=\"ps1840 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Emisi\u00f3n de obligaciones y otros valores negociables</span></div><div class=\"ps1841 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las emisiones de deuda se registran inicialmente por el valor razonable de la contraprestaci\u00f3n recibida, deducidos los costes</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">directamente atribuibles a la transacci\u00f3n. Posteriormente, se valoran a coste amortizado utilizando el m\u00e9todo del tipo de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">inter\u00e9s efectivo. Los bonos con un vencimiento superior a doce meses se clasifican en el pasivo no corriente, los que tienen</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:222.08pt\">vencimiento inferior se reflejan en el pasivo corriente.</span><span class=\"f charStyle-f47c836a ps1844_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1845 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.75pt\">Pr\u00e9stamos con rendimientos financieros</span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los pr\u00e9stamos se reconocen inicialmente por su coste, que es el valor razonable de la contraprestaci\u00f3n recibida, neto de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.89pt\">costes de emisi\u00f3n y descuento o prima de liquidaci\u00f3n asociados al endeudamiento.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Posteriormente al reconocimiento inicial, los pr\u00e9stamos y cr\u00e9ditos con rendimiento de intereses son valorados a su coste</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:245.87pt\">amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:187.12pt\">Pr\u00e9stamos y cr\u00e9ditos con entidades de cr\u00e9dito</span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Los pr\u00e9stamos se registran inicialmente por el efectivo recibido, neto de los costes incurridos en la transacci\u00f3n. En periodos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.09pt\">posteriores, se valoran a su coste amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1850 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Acreedores comerciales y otras cuentas a pagar</span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las cuentas a pagar originadas por operaciones de tr\u00e1fico se registran a valor razonable y posteriormente son valoradas a coste</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.81pt\">amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:387.1pt\">Se incluye m\u00e9todo de valoraci\u00f3n y pol\u00edticas contable sobre este tipo de pasivos en la Nota 3.11.</span></div><div class=\"ps1851 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros a coste amortizado</span></div><div class=\"ps1825 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El resto de pasivos financieros que responden a obligaciones de pago detalladas en la Nota 13 de la memoria, se valoran por el</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1852 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">mismo criterio del coste amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo. No obstante, aquellos con vencimiento a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1853 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">corto plazo y que no tengan un tipo de inter\u00e9s contractual se valoran por el importe nominal cuando el efecto de no actualizar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1854 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:167.69pt\">los flujos de efectivo no sea significativo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-484": {
   "value": "<div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.16pt\">Los gastos financieros derivados de pasivos financieros se registran en funci\u00f3n de su devengo.</span></div><div class=\"ps1267_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:88.52pt\">Ingresos por intereses</span></div><div class=\"ps1942 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Los ingresos por intereses se reconocen usando el m\u00e9todo del tipo de inter\u00e9s efectivo para todos los instrumentos financieros</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">valorados a coste amortizado. El tipo de inter\u00e9s efectivo es la tasa que descuenta exactamente los pagos o cobros en efectivo</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">estimados durante la vida esperada del instrumento financiero. Los ingresos por intereses se registran como ingresos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:249.95pt\">financieros en la Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInterestIncomeAndExpenseExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-485": {
   "value": "<div class=\"ps1845 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:161.75pt\">Pr\u00e9stamos con rendimientos financieros</span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los pr\u00e9stamos se reconocen inicialmente por su coste, que es el valor razonable de la contraprestaci\u00f3n recibida, neto de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.89pt\">costes de emisi\u00f3n y descuento o prima de liquidaci\u00f3n asociados al endeudamiento.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Posteriormente al reconocimiento inicial, los pr\u00e9stamos y cr\u00e9ditos con rendimiento de intereses son valorados a su coste</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:245.87pt\">amortizado mediante el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-486": {
   "value": "<div class=\"ps1850 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Acreedores comerciales y otras cuentas a pagar</span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las cuentas a pagar originadas por operaciones de tr\u00e1fico se registran a valor razonable y posteriormente son valoradas a coste</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.81pt\">amortizado utilizando el m\u00e9todo del tipo de inter\u00e9s efectivo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-487": {
   "value": "<div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1802 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:387.1pt\">Se incluye m\u00e9todo de valoraci\u00f3n y pol\u00edticas contable sobre este tipo de pasivos en la Nota 3.11.</span></div><div class=\"ps1944 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.11.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1943_1\"><span style=\"display:inline-block;height:6.8pt;width:0.94pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Arrendamientos</span></div><div class=\"ps1215 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El Grupo eval\u00faa al inicio de un contrato si dicho contrato contiene un arrendamiento. Para aquellos contratos que califiquen</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1945 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">como tal, se procede a registrar el pasivo por arrendamiento y derecho de uso correspondientes. En caso contrario, se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1946 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">reconocen las cuotas de arrendamiento como un gasto operativo a medida que los beneficios econ\u00f3micos del bien arrendado se</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1948 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.4pt\">van materializando.</span><span class=\"f charStyle-f47c836a ps1947_1\" style=\"width:2.71pt\"> </span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El pasivo por arrendamiento se calcula inicialmente como el valor presente de los pagos fijos o sustancialmente fijos por</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">arrendamiento que no hayan sido desembolsados en esa fecha, descontados utilizando la tasa incremental durante el plazo</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">m\u00ednimo no cancelable, considerando las opciones de extensi\u00f3n que sea razonablemente cierto ejercer y los periodos con</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:289.21pt\">opci\u00f3n de rescindir que no se considera razonablemente cierto ejercer.</span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El registro inicial del activo por derecho de uso comprende la medici\u00f3n inicial del pasivo, incluyendo los pagos realizados antes</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">del comienzo del arrendamiento y los costes directos iniciales, descontando los incentivos recibidos. Es habitual el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">establecimiento de cl\u00e1usulas en los contratos de arrendamiento hotelero que requieran desembolsos para realizar mejoras en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">el activo por parte del arrendatario. En tales casos, la mejora no suele ser espec\u00edfica y se incluyen como mayores pagos a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.27pt\">descontar, afectando al pasivo y al derecho de uso.</span><span class=\"f charStyle-f47c836a ps1949_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Posteriormente, el derecho de uso se valora a coste menos la amortizaci\u00f3n acumulada y el importe acumulado de las posibles</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">p\u00e9rdidas por deterioro. Se considera como plazo de amortizaci\u00f3n el periodo de arrendamiento o la vida \u00fatil del activo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1887_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">subyacente, lo que ocurra primero. Adem\u00e1s, se ajusta su valor en caso de producirse nuevas mediciones del pasivo producidas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1950 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">por circunstancias que afecten a los importes de los pagos o al periodo de arrendamiento. Algunas de estas modificaciones,</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1951 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:195.81pt\">requieren revisar la tasa de descuento utilizada.</span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El Grupo aplica la NIC 36 para determinar si un activo por derecho de uso est\u00e1 deteriorado y reconoce cualquier p\u00e9rdida por</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:91.84pt\">deterioro identificada.</span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:339.89pt\">La Compa\u00f1\u00eda ha aplicado las siguientes pol\u00edticas contables, estimaciones y criterios:</span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:31.09pt\">Alcance</span></div><div class=\"ps1674_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda aplica la exenci\u00f3n por bajo valor para los contratos de arrendamiento cuyo activo subyacente no supera los 5.000</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">d\u00f3lares estadounidenses y por corto plazo para los contratos de arrendamiento concertados para un plazo inferior a un a\u00f1o. No</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">se separan los componentes que no son arrendamientos de aquellos que s\u00ed lo son, para aquellas clases de activos en los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:453.64pt\">la importancia relativa de estos componentes no sea significativa con respecto al valor total del arrendamiento.</span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">La Compa\u00f1\u00eda considera que los contratos de gesti\u00f3n hotelera no se encuentran en el \u00e1mbito de aplicaci\u00f3n de la NIIF 16 y, por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1870_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.11pt\">tanto, se reconocen los ingresos de gesti\u00f3n en base a la NIIF 15 (ver Nota 3.10).</span></div><div class=\"ps1743_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Pagos por arrendamiento</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s de los pagos fijos (o, en esencia, fijos) recogidos en los contratos de arrendamiento, la Compa\u00f1\u00eda incluye en los pagos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:180.87pt\">por arrendamiento las siguientes casu\u00edsticas:</span></div><div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La mayor\u00eda de los contratos de arrendamiento hotelero incluyen un pago contingente en funci\u00f3n del \u00edndice de precios del pa\u00eds</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">donde se ubica el activo, que se revisa normalmente con periodicidad anual y se aplica a las cuotas pendientes, recalcul\u00e1ndose</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">el pasivo por arrendamiento y el derecho de uso en base a dicha revisi\u00f3n. El valor del \u00edndice a fecha de inicio del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.59pt\">arrendamiento se considera en el c\u00e1lculo de pagos por arrendamiento.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En los contratos de arrendamiento con cuotas variables para los que se fija un m\u00ednimo por periodo, se considera este importe</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">en el c\u00e1lculo inicial, reconociendo como gasto en el ep\u00edgrafe Arrendamientos de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.12pt\">consolidadas el importe de la cuota variable que supere el pago m\u00ednimo fijado.</span></div><div class=\"ps1606_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Plazo de arrendamiento</span></div><div class=\"ps1607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Con independencia de la fecha de firma del contrato, se considera fecha inicial del arrendamiento a efectos de su</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">reconocimiento en los estados financieros consolidados del Grupo, la fecha en que efectivamente se toma posesi\u00f3n del hotel,</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.67pt\">que coincide, generalmente, con la fecha de apertura del mismo.</span></div><div class=\"ps1952 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda considera el plazo m\u00ednimo no cancelable como el plazo inicial establecido en el contrato de arrendamiento, sin</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1953 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">incluir las posibles pr\u00f3rrogas cuando no se considera razonablemente cierto que se vayan a ejercer. Para la determinaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1954 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">si una pr\u00f3rroga se ejercer\u00e1 con una certeza razonable, se han definido algunas caracter\u00edsticas clave que el Grupo eval\u00faa para</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">determinar si existen incentivos econ\u00f3micos para dicho ejercicio: cuotas no ajustadas a mercado, inversiones a incurrir y</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:181.95pt\">singularidad del activo hotelero, entre otras.</span></div><div class=\"ps1955 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Tasa de descuento</span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Dada la dificultad de establecer la tasa de inter\u00e9s impl\u00edcita en los contratos de arrendamiento hotelero, el Grupo ha optado</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">por calcular la tasa incremental por pr\u00e9stamos aplicable a cada contrato. El modelo de c\u00e1lculo de dichas tasas incrementales</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">se basa en una tasa libre de riesgo, el riesgo del entorno econ\u00f3mico del activo (pa\u00eds) y el riesgo inherente a la Compa\u00f1\u00eda, todo</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">ello ponderado por el valor temporal de los flujos establecido en el calendario de pagos m\u00ednimos de cada contrato de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1957 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:62.76pt\">arrendamiento.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Deterioro del derecho de uso</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En general, los activos por derecho de uso no generan entradas de efectivo independientes por lo que su evaluaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">deterioro debe realizarse como parte de una unidad generadora de efectivo, y consecuentemente el Grupo ajusta el c\u00e1lculo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">del valor recuperable de dicha unidad generadora de efectivo descrito en esta Nota. En este sentido, el Grupo excluye del</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">valor en libros de la unidad generadora de efectivo los pasivos por arrendamiento, y excluye asimismo del c\u00e1lculo de su valor</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.41pt\">en uso los pagos asociados a dichos pasivos. Por el contrario, el Grupo incluye en el c\u00e1lculo del valor en uso las cuotas</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">variables ya que no est\u00e1n incluidas en el pasivo por arrendamiento as\u00ed como las cuotas de renovaci\u00f3n del arrendamiento</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:510.78pt\">cuando el plazo del mismo sea inferior al per\u00edodo de proyecci\u00f3n de los flujos de efectivo de la unidad generadora de efectivo.</span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Al evaluar el valor en uso, el Grupo proyecta flujos de efectivo futuros considerando el presupuesto aprobado por los \u00f3rganos</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:188.64pt\">de gobierno de la Compa\u00f1\u00eda para el ejercicio </span><span class=\"f charStyle-f47c836a ps1960_1\" style=\"width:18.84pt\">2026</span><span class=\"f charStyle-f47c836a ps1961_1\" style=\"width:308.14pt\">, neto de impuestos, y aplicando hip\u00f3tesis de crecimiento consistentes con</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">el mercado en que opera el activo y su desempe\u00f1o hist\u00f3rico para el resto del per\u00edodo, hasta completar un per\u00edodo igual a la</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">duraci\u00f3n del arrendamiento. Las tasas de descuento utilizadas en la determinaci\u00f3n del importe recuperable tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ajustan de forma que sean coherentes con los flujos de efectivo subyacentes y con la unidad generadora de efectivo</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">correspondiente, afectando dichos flujos con los riesgos espec\u00edficos del activo que no hayan sido ajustados en los flujos futuros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de efectivo estimados, principalmente los riesgos de negocio y del pa\u00eds donde radica el activo, as\u00ed como los riesgos clim\u00e1ticos</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.32pt\">significativos que pudieran afectarles.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-488": {
   "value": "<div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-39bd9abe ps12591\" style=\"width:152.43pt\">Instrumentos Financieros Derivados</span></div><div class=\"ps1856 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los instrumentos financieros derivados se clasifican como activos o pasivos financieros a valor razonable con cambios en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1857 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">resultados o como coberturas contables, correspondiendo \u00e9stas a activos o pasivos financieros a valor razonable con cambios</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1858 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">en otro resultado global. En ambos casos, los instrumentos financieros derivados son registrados inicialmente por su valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1859 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">razonable a la fecha en que se contrata el derivado y, peri\u00f3dicamente se ajusta dicho valor razonable. Los derivados se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1860 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">contabilizan como activos, en la l\u00ednea de Otros activos financieros, cuando el valor razonable es positivo y como pasivos, en el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1861 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">ep\u00edgrafe de Otros pasivos financieros, cuando el valor razonable es negativo. Se clasifican como corriente o no corriente</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1862 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:180.98pt\">atendiendo al calendario estimado de flujos.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:87.32pt\">Coberturas Contables</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda ha optado por seguir aplicando los requisitos sobre contabilidad de coberturas bajo NIC 39, en aplicaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:109.31pt\">p\u00e1rrafo 7.2.21 de la NIIF 9.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Compa\u00f1\u00eda aplica contabilidad de coberturas en aquellas operaciones en las que se espera que la cobertura sea altamente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">eficaz, esto es, cuando los cambios en el valor razonable o en los flujos de efectivo de los elementos objeto de cobertura, se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">compensan con los cambios en el valor razonable o flujos de efectivo de los instrumentos de cobertura con una efectividad</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">comprendida entre un rango del 80% al 125%. Asimismo, en el momento de iniciar la cobertura, se documenta formalmente la</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.09pt\">relaci\u00f3n entre el elemento cubierto y el instrumento financiero derivado designado a tal efecto.</span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El Grupo tiene contratadas varias permutas (o swaps) de tipos de inter\u00e9s clasificadas como coberturas de flujos de efectivo.</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las variaciones en el valor razonable de dichos instrumentos financieros derivados se reflejan en el patrimonio neto, en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">ep\u00edgrafe de Otros ajustes por cambios de valor, imput\u00e1ndose por la parte considerada como cobertura eficaz a la Cuenta de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">p\u00e9rdidas y ganancias consolidada en la medida en que tambi\u00e9n se liquida la partida cubierta. La contabilizaci\u00f3n del valor</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.2pt\">razonable se hace atendiendo a la fecha de negociaci\u00f3n.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El valor razonable de los swaps de tipos de inter\u00e9s se determina mediante la t\u00e9cnica de valoraci\u00f3n del descuento de flujos de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">acuerdo a las caracter\u00edsticas de cada contrato, tales como nominal y calendario de cobros y pagos. Los factores de descuento</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">para la obtenci\u00f3n de dicho valor se calculan en base a la curva de tipos cup\u00f3n cero obtenida a partir de los dep\u00f3sitos y tipos</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que cotizan en el mercado en la fecha de valoraci\u00f3n. El valor razonable resultante se ajusta por el riesgo de cr\u00e9dito propio y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de la contraparte, de acuerdo a la NIIF 13. Estos valores se obtienen de estudios realizados, normalmente por las entidades</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.2pt\">financieras con las que el Grupo tiene contratados estos instrumentos.</span><span class=\"f charStyle-f47c836a ps1866_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados que no califican para la contabilidad de coberturas</span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Cualquier p\u00e9rdida o ganancia proveniente de cambios en el valor razonable de los derivados que no cumplen los requisitos para</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1867 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ser considerados como instrumentos de cobertura se imputa directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">ejercicio. El valor razonable de estos instrumentos financieros derivados se obtiene en base a estudios realizados por expertos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.68pt\">independientes</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-489": {
   "value": "<div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:87.32pt\">Coberturas Contables</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Compa\u00f1\u00eda ha optado por seguir aplicando los requisitos sobre contabilidad de coberturas bajo NIC 39, en aplicaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:109.31pt\">p\u00e1rrafo 7.2.21 de la NIIF 9.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Compa\u00f1\u00eda aplica contabilidad de coberturas en aquellas operaciones en las que se espera que la cobertura sea altamente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">eficaz, esto es, cuando los cambios en el valor razonable o en los flujos de efectivo de los elementos objeto de cobertura, se</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">compensan con los cambios en el valor razonable o flujos de efectivo de los instrumentos de cobertura con una efectividad</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1146 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">comprendida entre un rango del 80% al 125%. Asimismo, en el momento de iniciar la cobertura, se documenta formalmente la</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.09pt\">relaci\u00f3n entre el elemento cubierto y el instrumento financiero derivado designado a tal efecto.</span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El Grupo tiene contratadas varias permutas (o swaps) de tipos de inter\u00e9s clasificadas como coberturas de flujos de efectivo.</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las variaciones en el valor razonable de dichos instrumentos financieros derivados se reflejan en el patrimonio neto, en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">ep\u00edgrafe de Otros ajustes por cambios de valor, imput\u00e1ndose por la parte considerada como cobertura eficaz a la Cuenta de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">p\u00e9rdidas y ganancias consolidada en la medida en que tambi\u00e9n se liquida la partida cubierta. La contabilizaci\u00f3n del valor</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.2pt\">razonable se hace atendiendo a la fecha de negociaci\u00f3n.</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El valor razonable de los swaps de tipos de inter\u00e9s se determina mediante la t\u00e9cnica de valoraci\u00f3n del descuento de flujos de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">acuerdo a las caracter\u00edsticas de cada contrato, tales como nominal y calendario de cobros y pagos. Los factores de descuento</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">para la obtenci\u00f3n de dicho valor se calculan en base a la curva de tipos cup\u00f3n cero obtenida a partir de los dep\u00f3sitos y tipos</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">que cotizan en el mercado en la fecha de valoraci\u00f3n. El valor razonable resultante se ajusta por el riesgo de cr\u00e9dito propio y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de la contraparte, de acuerdo a la NIIF 13. Estos valores se obtienen de estudios realizados, normalmente por las entidades</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.2pt\">financieras con las que el Grupo tiene contratados estos instrumentos.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-490": {
   "value": "<div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados que no califican para la contabilidad de coberturas</span></div><div class=\"ps1711 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Cualquier p\u00e9rdida o ganancia proveniente de cambios en el valor razonable de los derivados que no cumplen los requisitos para</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1867 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ser considerados como instrumentos de cobertura se imputa directamente a la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">ejercicio. El valor razonable de estos instrumentos financieros derivados se obtiene en base a estudios realizados por expertos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.68pt\">independientes</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-491": {
   "value": "<div class=\"ps1872_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.35pt\">3.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1871\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.91pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:328.55pt\">Existencias (comerciales, materias primas y otros aprovisionamientos)</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las materias primas y auxiliares se valoran a coste promedio de adquisici\u00f3n que, en general, es inferior al valor neto de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">realizaci\u00f3n, practic\u00e1ndose las correcciones valorativas para reflejar su valor estimado de realizaci\u00f3n en caso de ser inferior al</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">coste. El precio de adquisici\u00f3n comprende el importe consignado en factura m\u00e1s todos los gastos adicionales que se producen</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">hasta que los bienes se hallan en el almac\u00e9n. El valor neto de realizaci\u00f3n representa el precio estimado de venta menos todos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1601_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.47pt\">los costes que se estiman que ser\u00e1n incurridos en los procesos de venta.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-492": {
   "value": "<div class=\"ps1875_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Acciones propias</span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Las acciones propias se presentan minorando el patrimonio neto del Grupo, y se valoran por su precio de adquisici\u00f3n, sin</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.48pt\">efectuar correcci\u00f3n valorativa alguna.</span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:475.75pt\">Los beneficios y p\u00e9rdidas obtenidos en la enajenaci\u00f3n de estas acciones se registran directamente contra patrimonio.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-493": {
   "value": "<div class=\"ps1879_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.8.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1878\"><span style=\"display:inline-block;height:6.8pt;width:3.66pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones oficiales</span></div><div class=\"ps1880_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Las subvenciones oficiales se registran por su valor razonable cuando existe una seguridad de cumplimiento de las condiciones</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:353.57pt\">establecidas para la obtenci\u00f3n de las mismas, y de que se recibir\u00e1n tales subvenciones.</span></div><div class=\"ps1651_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Cuando se trata de una subvenci\u00f3n relacionada con una corriente de gastos, \u00e9sta es llevada a resultados en los periodos</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1652_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:473.18pt\">necesarios para igualar la subvenci\u00f3n, seg\u00fan una base sistem\u00e1tica, a los gastos que \u00e9sta est\u00e1 destinada a compensar.</span></div><div class=\"ps1882_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Cuando la subvenci\u00f3n est\u00e1 relacionada con un activo, el valor razonable es reconocido como un ingreso diferido y es llevada a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1883_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:251.64pt\">resultados en funci\u00f3n de la vida \u00fatil esperada de dicho activo.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-494": {
   "value": "<div class=\"ps1884_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.9.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1871\"><span style=\"display:inline-block;height:6.8pt;width:3.91pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Provisiones y contingencias</span></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Las provisiones son reconocidas en el momento en el que el Grupo:</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:376.66pt\">Tiene una obligaci\u00f3n presente, ya sea legal o impl\u00edcita, como resultado de un suceso pasado.</span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Es probable que tenga que desprenderse de recursos que incorporen beneficios econ\u00f3micos para cancelar tal</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:44.31pt\">obligaci\u00f3n.</span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:258.84pt\">Puede hacer una estimaci\u00f3n fiable del importe de la obligaci\u00f3n.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las provisiones se valoran por el valor actual de la mejor estimaci\u00f3n posible del importe necesario para cancelar o transferir a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un tercero la obligaci\u00f3n, registr\u00e1ndose los ajustes que surjan por la actualizaci\u00f3n de la provisi\u00f3n como un gasto financiero</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">conforme se van devengando. Cuando se trata de provisiones con vencimiento inferior o igual a un a\u00f1o, y el efecto financiero</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.23pt\">no es significativo, no se lleva a cabo ning\u00fan tipo de descuento.</span><span class=\"f charStyle-f47c836a ps1885\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Las provisiones se revisan a la fecha de cierre de cada Balance consolidado y son ajustadas con el objetivo de reflejar la mejor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">estimaci\u00f3n actual del pasivo correspondiente a dicha fecha, teniendo en cuenta los riesgos e incertidumbres relativos a la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:44.31pt\">obligaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps1886\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Por otra parte, se consideran pasivos contingentes aquellas posibles obligaciones, surgidas como consecuencia de sucesos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">pasados, cuya materializaci\u00f3n est\u00e1 condicionada a que ocurran eventos futuros que no est\u00e1n enteramente bajo el control del</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Grupo y aquellas obligaciones presentes, surgidas como consecuencia de sucesos pasados, para las que no es probable que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">haya una salida de recursos para su liquidaci\u00f3n o que no se pueden valorar con suficiente fiabilidad. Estos pasivos contingentes</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1887_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.07pt\">no son objeto de registro contable, detall\u00e1ndose los mismos en las notas de las cuentas consolidadas (ver Nota 21).</span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Prestaciones post-empleo</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los planes post-empleo se clasifican como planes de aportaciones definidas o como planes de prestaciones definidas.</span></div><div class=\"ps1888_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Planes de pensiones de aportaciones definidas</span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Un plan de aportaciones definidas es aquel bajo el cual el Grupo realiza contribuciones fijas a una entidad separada y no tiene</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ninguna obligaci\u00f3n legal, contractual o impl\u00edcita de realizar contribuciones adicionales si la entidad separada no dispusiese de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:240.56pt\">activos suficientes para atender los compromisos asumidos.</span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:361.93pt\">Las contribuciones se reconocen como prestaciones a los empleados cuando se devengan.</span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Planes de pensiones de prestaci\u00f3n definida</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los planes de pensiones que no tienen car\u00e1cter de aportaci\u00f3n definida se consideran de prestaci\u00f3n definida. Generalmente,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">los planes de prestaciones definidas establecen el importe de la prestaci\u00f3n que recibir\u00e1 el empleado en el momento de su</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.09pt\">jubilaci\u00f3n, normalmente en funci\u00f3n de uno o m\u00e1s factores como la edad, a\u00f1os de servicio y remuneraci\u00f3n.</span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo reconoce en el Balance consolidado una provisi\u00f3n respecto a los premios de prestaci\u00f3n definida establecidos en los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">convenios colectivos por la diferencia entre el valor actual de las retribuciones comprometidas y el valor razonable de los</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">eventuales activos afectos a los compromisos con que se liquidar\u00e1n las obligaciones, minorado, en su caso, por el importe de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.12pt\">los costes por servicios pasados no reconocidos todav\u00eda.</span></div><div class=\"ps1892 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Si de la diferencia anterior surge un activo, su valoraci\u00f3n no puede superar el valor actual de los beneficios econ\u00f3micos</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1893_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:444.14pt\">disponibles en forma de reembolsos procedentes del plan o reducciones en las aportaciones futuras al mismo.</span></div><div class=\"ps1258 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los costes por servicios pasados se reconocen inmediatamente en la Cuenta de p\u00e9rdidas y ganancias consolidada, excepto</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1894 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">cuando se trate de derechos revocables, en cuyo caso, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada de forma</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:372.07pt\">lineal en el per\u00edodo que resta hasta que los derechos por servicios pasados son irrevocables.</span><span class=\"f charStyle-f47c836a ps1895_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1896_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El valor actual de la obligaci\u00f3n se determina mediante m\u00e9todos actuariales de c\u00e1lculo e hip\u00f3tesis financieras y actuariales no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sesgadas y compatibles entre s\u00ed. La Compa\u00f1\u00eda reconoce, directamente en el Estado de resultado global consolidado, las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1897 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias derivadas de la variaci\u00f3n en el valor actual y, en su caso, de los activos afectos, por cambios en las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1898_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:213.18pt\">hip\u00f3tesis actuariales o de ajustes por la experiencia.</span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Determinados convenios colectivos vigentes aplicables a algunas compa\u00f1\u00edas del Grupo establecen que el personal fijo que opte<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">por extinguir su contrato con la Compa\u00f1\u00eda con un determinado n\u00famero de a\u00f1os vinculado a la misma percibir\u00e1 un premio en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">met\u00e1lico equivalente a un n\u00famero de mensualidades proporcional a los a\u00f1os trabajados. Durante el ejercicio se ha realizado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1611_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">una evaluaci\u00f3n de dichos compromisos de acuerdo con las hip\u00f3tesis actuariales del modelo de rotaci\u00f3n propio del Grupo,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1899_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">aplicando el m\u00e9todo de c\u00e1lculo conocido como cr\u00e9dito unitario proyectado e hip\u00f3tesis demogr\u00e1ficas correspondientes a las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:64.21pt\">tablas PER2020.</span><span class=\"f charStyle-f47c836a ps1900\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El saldo de provisiones, as\u00ed como la activaci\u00f3n de pagos por servicios futuros, cubren estos compromisos adquiridos, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:475.6pt\">estudio actuarial realizado por experto independiente. En la Nota 16.2 se ofrecen m\u00e1s detalles sobre esta valoraci\u00f3n.</span></div><div class=\"ps1904 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En lo que se refiere a los compromisos por pensiones y obligaciones estipulados en convenios colectivos afectados por la Orden</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1905 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Ministerial de 2 de noviembre de 2006, el Grupo ha realizado las exteriorizaciones correspondientes. Los activos afectos a</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1906_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:410.95pt\">estas operaciones de externalizaci\u00f3n se presentan minorando el saldo de los compromisos adquiridos.</span></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-495": {
   "value": "<span class=\"f charStyle-aa796863 ps1205\">Provisiones y contingencias</span><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Las provisiones son reconocidas en el momento en el que el Grupo:</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:376.66pt\">Tiene una obligaci\u00f3n presente, ya sea legal o impl\u00edcita, como resultado de un suceso pasado.</span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">Es probable que tenga que desprenderse de recursos que incorporen beneficios econ\u00f3micos para cancelar tal</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:44.31pt\">obligaci\u00f3n.</span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:258.84pt\">Puede hacer una estimaci\u00f3n fiable del importe de la obligaci\u00f3n.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las provisiones se valoran por el valor actual de la mejor estimaci\u00f3n posible del importe necesario para cancelar o transferir a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un tercero la obligaci\u00f3n, registr\u00e1ndose los ajustes que surjan por la actualizaci\u00f3n de la provisi\u00f3n como un gasto financiero</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">conforme se van devengando. Cuando se trata de provisiones con vencimiento inferior o igual a un a\u00f1o, y el efecto financiero</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.23pt\">no es significativo, no se lleva a cabo ning\u00fan tipo de descuento.</span><span class=\"f charStyle-f47c836a ps1885\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Las provisiones se revisan a la fecha de cierre de cada Balance consolidado y son ajustadas con el objetivo de reflejar la mejor</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">estimaci\u00f3n actual del pasivo correspondiente a dicha fecha, teniendo en cuenta los riesgos e incertidumbres relativos a la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:44.31pt\">obligaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps1886\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Por otra parte, se consideran pasivos contingentes aquellas posibles obligaciones, surgidas como consecuencia de sucesos</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">pasados, cuya materializaci\u00f3n est\u00e1 condicionada a que ocurran eventos futuros que no est\u00e1n enteramente bajo el control del</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Grupo y aquellas obligaciones presentes, surgidas como consecuencia de sucesos pasados, para las que no es probable que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">haya una salida de recursos para su liquidaci\u00f3n o que no se pueden valorar con suficiente fiabilidad. Estos pasivos contingentes</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1887_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.07pt\">no son objeto de registro contable, detall\u00e1ndose los mismos en las notas de las cuentas consolidadas (ver Nota 21).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-496": {
   "value": "<div class=\"ps1780 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-39bd9abe ps12591\">Prestaciones post-empleo</span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los planes post-empleo se clasifican como planes de aportaciones definidas o como planes de prestaciones definidas.</span></div><div class=\"ps1888_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Planes de pensiones de aportaciones definidas</span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Un plan de aportaciones definidas es aquel bajo el cual el Grupo realiza contribuciones fijas a una entidad separada y no tiene</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ninguna obligaci\u00f3n legal, contractual o impl\u00edcita de realizar contribuciones adicionales si la entidad separada no dispusiese de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1238 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:240.56pt\">activos suficientes para atender los compromisos asumidos.</span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:361.93pt\">Las contribuciones se reconocen como prestaciones a los empleados cuando se devengan.</span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Planes de pensiones de prestaci\u00f3n definida</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los planes de pensiones que no tienen car\u00e1cter de aportaci\u00f3n definida se consideran de prestaci\u00f3n definida. Generalmente,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">los planes de prestaciones definidas establecen el importe de la prestaci\u00f3n que recibir\u00e1 el empleado en el momento de su</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.09pt\">jubilaci\u00f3n, normalmente en funci\u00f3n de uno o m\u00e1s factores como la edad, a\u00f1os de servicio y remuneraci\u00f3n.</span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo reconoce en el Balance consolidado una provisi\u00f3n respecto a los premios de prestaci\u00f3n definida establecidos en los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">convenios colectivos por la diferencia entre el valor actual de las retribuciones comprometidas y el valor razonable de los</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">eventuales activos afectos a los compromisos con que se liquidar\u00e1n las obligaciones, minorado, en su caso, por el importe de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.12pt\">los costes por servicios pasados no reconocidos todav\u00eda.</span></div><div class=\"ps1892 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Si de la diferencia anterior surge un activo, su valoraci\u00f3n no puede superar el valor actual de los beneficios econ\u00f3micos</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1893_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:444.14pt\">disponibles en forma de reembolsos procedentes del plan o reducciones en las aportaciones futuras al mismo.</span></div><div class=\"ps1258 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los costes por servicios pasados se reconocen inmediatamente en la Cuenta de p\u00e9rdidas y ganancias consolidada, excepto</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1894 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">cuando se trate de derechos revocables, en cuyo caso, se imputan a la Cuenta de p\u00e9rdidas y ganancias consolidada de forma</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:372.07pt\">lineal en el per\u00edodo que resta hasta que los derechos por servicios pasados son irrevocables.</span><span class=\"f charStyle-f47c836a ps1895_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1896_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El valor actual de la obligaci\u00f3n se determina mediante m\u00e9todos actuariales de c\u00e1lculo e hip\u00f3tesis financieras y actuariales no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sesgadas y compatibles entre s\u00ed. La Compa\u00f1\u00eda reconoce, directamente en el Estado de resultado global consolidado, las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1897 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">p\u00e9rdidas y ganancias derivadas de la variaci\u00f3n en el valor actual y, en su caso, de los activos afectos, por cambios en las</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1898_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:213.18pt\">hip\u00f3tesis actuariales o de ajustes por la experiencia.</span></div><div class=\"ps1608_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Determinados convenios colectivos vigentes aplicables a algunas compa\u00f1\u00edas del Grupo establecen que el personal fijo que opte<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps1609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">por extinguir su contrato con la Compa\u00f1\u00eda con un determinado n\u00famero de a\u00f1os vinculado a la misma percibir\u00e1 un premio en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1610_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">met\u00e1lico equivalente a un n\u00famero de mensualidades proporcional a los a\u00f1os trabajados. Durante el ejercicio se ha realizado</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1611_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">una evaluaci\u00f3n de dichos compromisos de acuerdo con las hip\u00f3tesis actuariales del modelo de rotaci\u00f3n propio del Grupo,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1899_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">aplicando el m\u00e9todo de c\u00e1lculo conocido como cr\u00e9dito unitario proyectado e hip\u00f3tesis demogr\u00e1ficas correspondientes a las</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:64.21pt\">tablas PER2020.</span><span class=\"f charStyle-f47c836a ps1900\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El saldo de provisiones, as\u00ed como la activaci\u00f3n de pagos por servicios futuros, cubren estos compromisos adquiridos, seg\u00fan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:475.6pt\">estudio actuarial realizado por experto independiente. En la Nota 16.2 se ofrecen m\u00e1s detalles sobre esta valoraci\u00f3n.</span></div><div class=\"ps1904 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">En lo que se refiere a los compromisos por pensiones y obligaciones estipulados en convenios colectivos afectados por la Orden</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1905 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Ministerial de 2 de noviembre de 2006, el Grupo ha realizado las exteriorizaciones correspondientes. Los activos afectos a</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1906_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:410.95pt\">estas operaciones de externalizaci\u00f3n se presentan minorando el saldo de los compromisos adquiridos.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-497": {
   "value": "<div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.23pt\">3.10.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1907\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.77pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:130.62pt\">Reconocimiento de ingresos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los ingresos operativos derivados de los contratos con clientes se registran a medida que la Compa\u00f1\u00eda satisface las</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:196.75pt\">obligaciones comprometidas con dichos clientes.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">A la hora de registrar dichos ingresos, se realiza el an\u00e1lisis de 5 etapas incluido en la NIIF 15, para la determinaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">importe y del momento de reconocimiento de ingresos para cada uno de los tipos de contratos con los clientes de sus</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:90.28pt\">segmentos operativos:</span></div><div class=\"ps1910_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Identificaci\u00f3n del contrato del cliente</span></div><div class=\"ps1911_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Identificaci\u00f3n de las obligaciones de desempe\u00f1o.</span></div><div class=\"ps1912_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Determinaci\u00f3n del precio de la transacci\u00f3n.</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Asignaci\u00f3n del precio a las distintas obligaciones de desempe\u00f1o.</span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps1269\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\">Reconocimiento de ingresos seg\u00fan el cumplimiento de cada obligaci\u00f3n.</span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Dichos ingresos se presentan netos de descuentos, devoluciones y del impuesto sobre el valor a\u00f1adido. El Grupo basa sus</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">estimaciones de devoluci\u00f3n en resultados hist\u00f3ricos, considerando el tipo de cliente, el tipo de transacci\u00f3n y las circunstancias</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1915_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:116.69pt\">espec\u00edficas de cada acuerdo.</span><span class=\"f charStyle-f47c836a ps1914\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Venta de habitaciones y otros servicios relacionados</span></div><div class=\"ps1916_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El ingreso procedente de la venta de habitaciones se reconoce diariamente en funci\u00f3n de los servicios prestados por cada</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1917 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">establecimiento hotelero, e incluyendo los clientes \u201cen casa\u201d, es decir, aquellos que todav\u00eda se hospedan en el hotel a la hora</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1918 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de cierre de la producci\u00f3n diaria. Para este tipo de contratos, se ha identificado como \u00fanica obligaci\u00f3n de ejecuci\u00f3n la del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1919 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:409.82pt\">propio servicio hotelero, que incluye la puesta a disposici\u00f3n de los clientes de la habitaci\u00f3n de hotel.</span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En los casos en que la tarifa hotelera incluye servicios de comida y bebida (desayuno, media pensi\u00f3n o pensi\u00f3n completa), se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1920 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">identifica una obligaci\u00f3n de ejecuci\u00f3n adicional, a la que se le asigna un precio diferenciado en base al enfoque del coste</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1921 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">esperado m\u00e1s un margen. Cabe mencionar que en los hoteles comercializados exclusivamente en r\u00e9gimen de todo incluido</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1922 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">(principalmente ubicados en Am\u00e9rica), no se considera un servicio diferenciado, aunque a efectos de desglose se asigna un</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:286.9pt\">porcentaje de la tarifa al concepto de \u201cingresos por comida y bebida\u201d.</span></div><div class=\"ps1248_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">En cualquier caso, las obligaciones de ejecuci\u00f3n comprometidas con los clientes de hotel se consideran satisfechas a lo largo</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">del tiempo, durante la estancia del cliente en el establecimiento, reconoci\u00e9ndose el Grupo el ingreso diario correspondiente a</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.62pt\">los servicios consumidos por el cliente en tal fecha.</span></div><div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Dentro del segmento de negocio hotelero, la Compa\u00f1\u00eda gestiona el programa propio \u201cMeli\u00e1 Rewards\u201d de fidelizaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">clientes, que consiste en premiar a los clientes que consumen estancias en hoteles o servicios de entidades asociadas y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">negocios conjuntos, mediante una serie de puntos canjeables por premios como pueden ser, entre otros, estancias gratuitas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.79pt\">hoteles gestionados por el Grupo.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">En el caso de que el cliente hotelero sea socio del programa de fidelizaci\u00f3n y acumule puntos por sus estancias, se identifica</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">una obligaci\u00f3n de desempe\u00f1o diferenciada, a la cual se le asigna un importe en funci\u00f3n del valor razonable de dichos puntos, y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">que ser\u00e1 satisfecha en el momento en que el socio del programa haga uso de los puntos obtenidos, difiriendo hasta dicho</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1925 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">momento el reconocimiento de ingresos en la Cuenta de p\u00e9rdidas y ganancias consolidada del Grupo, por el importe asignado a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:68.67pt\">dicha obligaci\u00f3n.</span></div><div class=\"ps1926 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Adicionalmente, otros servicios prestados directamente por los hoteles, como el alquiler de salones, realizaci\u00f3n de eventos,</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1927 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">alquiler de locales comerciales a terceros, etc\u2026 se incluyen en el ep\u00edgrafe de \u201cIngresos otros negocios\u201d del cuadro incluido en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1722 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">la Nota 7.1 de la presente memoria consolidada y se reconocen en funci\u00f3n de la NIIF aplicable en el momento en que se presta</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1723 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:44.38pt\">el servicio.</span></div><div class=\"ps1928 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaci\u00f3n de servicios de gesti\u00f3n hotelera</span></div><div class=\"ps1929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En cuanto a los contratos con propietarios de hoteles para la gesti\u00f3n de sus establecimientos, son varias las obligaciones de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">desempe\u00f1o identificadas en cada uno de los contratos. La principal obligaci\u00f3n del Grupo en dichos contratos es la de prestar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">servicios de gesti\u00f3n hotelera para dichos establecimientos. La contraprestaci\u00f3n por estos servicios se establece como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">porcentaje sobre el importe de los ingresos totales y el Beneficio Bruto Operativo (GOP) generado por la gesti\u00f3n del Grupo.</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Mensualmente, la Compa\u00f1\u00eda reconoce los ingresos correspondientes en la Cuenta de p\u00e9rdidas y ganancias consolidada en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1932 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funci\u00f3n de cu\u00e1l ha sido la evoluci\u00f3n de ambas magnitudes para cada uno de los contratos de gesti\u00f3n hotelera, conforme a las</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.27pt\">condiciones contractuales fijadas en cada uno de ellos.</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las otras obligaciones de desempe\u00f1o diferenciadas en los contratos de gesti\u00f3n hotelera se corresponden con servicios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">relacionados con dicha actividad, como comisiones por reservas realizadas a trav\u00e9s de los canales propios del Grupo Meli\u00e1,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">servicios hoteleros centralizados en las sociedades gestoras del grupo, o licencias de uso de aplicaciones inform\u00e1ticas propias o</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">gestionadas centralizadamente. La Compa\u00f1\u00eda reconoce los ingresos procedentes de la prestaci\u00f3n de estos servicios a medida</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1933 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">que se satisfacen dichas obligaciones que, para el caso concreto de las comisiones por reservas, coincide con la estancia del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1934 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.56pt\">cliente en el hotel.</span></div><div class=\"ps1935 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.18pt\">Estos ingresos se desglosan en la Nota 7.1 de la presente memoria consolidada.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Venta de membres\u00edas de club vacacional</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El Grupo Meli\u00e1 comercializa membres\u00edas de club vacacional que otorgan a los clientes derechos de uso o acceso a servicios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">vacacionales a medio y largo plazo, en funci\u00f3n del producto y categor\u00eda contratados. Estos derechos, basados principalmente</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">en estancias hoteleras por semanas, son identificados por la Compa\u00f1\u00eda como obligaciones de desempe\u00f1o y, por tanto, reparte</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">la contraprestaci\u00f3n recibida o pactada de forma proporcional a los derechos incluidos en el contrato. Estas obligaciones de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">desempe\u00f1o se consideran satisfechas cuando los clientes hacen uso de sus derechos, momento en el que se reconoce el ingreso</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.96pt\">en la Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">As\u00ed, existe un modelo de membres\u00eda que consiste en la comercializaci\u00f3n a largo plazo (m\u00e1s de 15 a\u00f1os) de derechos de uso por</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">semanas, vinculadas a unidades hoteleras concretas, reconoci\u00e9ndose el ingreso en el momento en que el cliente ejerce su</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">derecho y obtiene los beneficios asociados a cada semana disfrutada. El precio de la transacci\u00f3n es asignado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">proporcionalmente al n\u00famero de semanas comprometidas, registr\u00e1ndose en el ep\u00edgrafe de \u201cSubvenciones de capital y otros</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">ingresos diferidos\u201d del pasivo del Balance Consolidado los importes correspondientes a semanas pendientes de uso,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">considerando, en su caso, estimaciones de derechos no ejercidos basadas en la experiencia hist\u00f3rica. En aquellos contratos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">que incorporan financiaci\u00f3n al cliente, el Grupo eval\u00faa la existencia de un componente financiero significativo y, en su caso,</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">reconoce los ingresos financieros asociados aplicando el m\u00e9todo del tipo de inter\u00e9s efectivo durante el periodo de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:52.19pt\">financiaci\u00f3n.</span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Dicho modelo de membres\u00eda comercializado por el Grupo ha evolucionado hacia un modelo flexible (5 a\u00f1os) basado en la</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">contrataci\u00f3n de paquetes de beneficios utilizables en distintos establecimientos del Grupo, sin vinculaci\u00f3n a una unidad</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1783 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">espec\u00edfica y con esquema de cobro basado en cuotas al\u00edcuotas. En estos contratos, la obligaci\u00f3n de desempe\u00f1o identificada</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1784 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">por la Compa\u00f1\u00eda consiste en la prestaci\u00f3n de servicios vacacionales que se consideran satisfechos a medida que el cliente</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1785 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">utiliza los beneficios contratados. En consecuencia, el ingreso se reconoce en funci\u00f3n del grado de utilizaci\u00f3n efectiva del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">servicio, registr\u00e1ndose dentro del ep\u00edgrafe de \u201cAcreedores comerciales y otras cuentas a pagar\u201d los importes cobrados</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:423.33pt\">correspondientes a derechos pendientes de ejercicio y se estima se ejercitar\u00e1n en el siguiente ejercicio.</span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:106.33pt\">Plusval\u00edas de inmovilizado</span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Compa\u00f1\u00eda realiza una gesti\u00f3n activa de su cartera de activos inmobiliarios. De forma general, se trata de operaciones de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">venta por rotaci\u00f3n de activos, y se pueden articular a trav\u00e9s de la venta directa del activo o a trav\u00e9s de la venta de la</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1939 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">sociedad propietaria de dicho activo. El resultado neto de dichas operaciones se presenta en el ep\u00edgrafe de Ingreso operativos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">como Plusval\u00edas de inmovilizado y se calcula tal y como indica el p\u00e1rrafo 71 de la NIC 16, deduciendo del valor razonable de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">contraprestaci\u00f3n recibida el importe en libros de los activos enajenados. Asimismo, se reconocen en este ep\u00edgrafe de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Cuenta de p\u00e9rdidas y ganancias consolidada el incremento de valor razonable de las inversiones inmobiliarias, conforme se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.01pt\">indica en Nota 3.3.</span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Este segmento operativo de la Compa\u00f1\u00eda incluye, asimismo, operaciones de venta y/o aportaci\u00f3n de hoteles a entidades</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">asociadas y negocios conjuntos, con el objetivo de maximizar los flujos de caja presentes y futuros de este portfolio. Estas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">operaciones implican la baja en cuentas anuales consolidadas de los hoteles y el reconocimiento de la contrapartida, ya sea</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.17pt\">efectivo o la participaci\u00f3n retenida o una combinaci\u00f3n de ambas.</span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">El Grupo aplica el enfoque de reconocimiento de la participaci\u00f3n residual retenida en dichos negocios hoteleros a valor</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">razonable, imputando a resultados la variaci\u00f3n del importe en libros, tal y como se explica en la Nota 2.5. Por lo tanto, las</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1941 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.62pt\">plusval\u00edas registradas se corresponden con la totalidad de la plusval\u00eda obtenida.</span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.8pt\">Ingresos por arrendamiento</span></div><div class=\"ps1265_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los ingresos procedentes de arrendamientos de inversiones inmobiliarias se reconocen linealmente a lo largo del periodo del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1649_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.76pt\">arrendamiento y se incluyen como ingresos operativos, dentro del segmento de gesti\u00f3n de activos.</span></div><div class=\"ps1267_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:88.52pt\">Ingresos por intereses</span></div><div class=\"ps1942 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Los ingresos por intereses se reconocen usando el m\u00e9todo del tipo de inter\u00e9s efectivo para todos los instrumentos financieros</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">valorados a coste amortizado. El tipo de inter\u00e9s efectivo es la tasa que descuenta exactamente los pagos o cobros en efectivo</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">estimados durante la vida esperada del instrumento financiero. Los ingresos por intereses se registran como ingresos</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:249.95pt\">financieros en la Cuenta de p\u00e9rdidas y ganancias consolidada.</span></div><div class=\"ps1932 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dividendos</span></div><div class=\"ps1807 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los ingresos por dividendos se reconocen cuando se establece el derecho del Grupo a recibir el cobro correspondiente.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-498": {
   "value": "<div class=\"ps1184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Dentro del segmento de negocio hotelero, la Compa\u00f1\u00eda gestiona el programa propio \u201cMeli\u00e1 Rewards\u201d de fidelizaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1187_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">clientes, que consiste en premiar a los clientes que consumen estancias en hoteles o servicios de entidades asociadas y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">negocios conjuntos, mediante una serie de puntos canjeables por premios como pueden ser, entre otros, estancias gratuitas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.79pt\">hoteles gestionados por el Grupo.</span></div><div class=\"ps1191_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">En el caso de que el cliente hotelero sea socio del programa de fidelizaci\u00f3n y acumule puntos por sus estancias, se identifica</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">una obligaci\u00f3n de desempe\u00f1o diferenciada, a la cual se le asigna un importe en funci\u00f3n del valor razonable de dichos puntos, y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">que ser\u00e1 satisfecha en el momento en que el socio del programa haga uso de los puntos obtenidos, difiriendo hasta dicho</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1925 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">momento el reconocimiento de ingresos en la Cuenta de p\u00e9rdidas y ganancias consolidada del Grupo, por el importe asignado a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:68.67pt\">dicha obligaci\u00f3n.</span></div><div class=\"ps6199 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">16.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones de capital y otros ingresos diferidos</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El detalle de los saldos mantenidos en Balance consolidado es el siguiente:\u00a0 </span><span class=\"f charStyle-6f7c0cc4 ps6200\"> </span></div><div class=\"ps6202_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Subvenciones de capital</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">3.034</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">3.210</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos programas fidelizaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">29.524</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">28.399</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">149.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">231.980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">6.257</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">6.785</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps500 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">188.310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6201 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">270.374</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6206_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Referente a los programas de fidelizaci\u00f3n, se asigna una parte del precio de venta de las estancias hoteleras como valor</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6207_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">razonable de los puntos que se reconocer\u00e1n como ingreso en la Cuenta de p\u00e9rdidas y ganancias consolidada en el momento de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:121.63pt\">ser redimidos por los clientes.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForCustomerLoyaltyProgrammesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-500": {
   "value": "<div class=\"ps1928 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaci\u00f3n de servicios de gesti\u00f3n hotelera</span></div><div class=\"ps1929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En cuanto a los contratos con propietarios de hoteles para la gesti\u00f3n de sus establecimientos, son varias las obligaciones de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">desempe\u00f1o identificadas en cada uno de los contratos. La principal obligaci\u00f3n del Grupo en dichos contratos es la de prestar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">servicios de gesti\u00f3n hotelera para dichos establecimientos. La contraprestaci\u00f3n por estos servicios se establece como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">porcentaje sobre el importe de los ingresos totales y el Beneficio Bruto Operativo (GOP) generado por la gesti\u00f3n del Grupo.</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Mensualmente, la Compa\u00f1\u00eda reconoce los ingresos correspondientes en la Cuenta de p\u00e9rdidas y ganancias consolidada en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1932 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funci\u00f3n de cu\u00e1l ha sido la evoluci\u00f3n de ambas magnitudes para cada uno de los contratos de gesti\u00f3n hotelera, conforme a las</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.27pt\">condiciones contractuales fijadas en cada uno de ellos.</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las otras obligaciones de desempe\u00f1o diferenciadas en los contratos de gesti\u00f3n hotelera se corresponden con servicios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">relacionados con dicha actividad, como comisiones por reservas realizadas a trav\u00e9s de los canales propios del Grupo Meli\u00e1,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">servicios hoteleros centralizados en las sociedades gestoras del grupo, o licencias de uso de aplicaciones inform\u00e1ticas propias o</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">gestionadas centralizadamente. La Compa\u00f1\u00eda reconoce los ingresos procedentes de la prestaci\u00f3n de estos servicios a medida</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1933 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">que se satisfacen dichas obligaciones que, para el caso concreto de las comisiones por reservas, coincide con la estancia del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1934 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.56pt\">cliente en el hotel.</span></div><div class=\"ps1935 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.18pt\">Estos ingresos se desglosan en la Nota 7.1 de la presente memoria consolidada.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFranchiseFeesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-499": {
   "value": "<div class=\"ps1928 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Prestaci\u00f3n de servicios de gesti\u00f3n hotelera</span></div><div class=\"ps1929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En cuanto a los contratos con propietarios de hoteles para la gesti\u00f3n de sus establecimientos, son varias las obligaciones de</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1902_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">desempe\u00f1o identificadas en cada uno de los contratos. La principal obligaci\u00f3n del Grupo en dichos contratos es la de prestar</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">servicios de gesti\u00f3n hotelera para dichos establecimientos. La contraprestaci\u00f3n por estos servicios se establece como un</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">porcentaje sobre el importe de los ingresos totales y el Beneficio Bruto Operativo (GOP) generado por la gesti\u00f3n del Grupo.</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Mensualmente, la Compa\u00f1\u00eda reconoce los ingresos correspondientes en la Cuenta de p\u00e9rdidas y ganancias consolidada en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1932 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funci\u00f3n de cu\u00e1l ha sido la evoluci\u00f3n de ambas magnitudes para cada uno de los contratos de gesti\u00f3n hotelera, conforme a las</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1833 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.27pt\">condiciones contractuales fijadas en cada uno de ellos.</span></div><div class=\"ps1730 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las otras obligaciones de desempe\u00f1o diferenciadas en los contratos de gesti\u00f3n hotelera se corresponden con servicios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1731_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">relacionados con dicha actividad, como comisiones por reservas realizadas a trav\u00e9s de los canales propios del Grupo Meli\u00e1,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1836 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">servicios hoteleros centralizados en las sociedades gestoras del grupo, o licencias de uso de aplicaciones inform\u00e1ticas propias o</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1837 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">gestionadas centralizadamente. La Compa\u00f1\u00eda reconoce los ingresos procedentes de la prestaci\u00f3n de estos servicios a medida</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1933 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">que se satisfacen dichas obligaciones que, para el caso concreto de las comisiones por reservas, coincide con la estancia del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1934 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.56pt\">cliente en el hotel.</span></div><div class=\"ps1935 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.18pt\">Estos ingresos se desglosan en la Nota 7.1 de la presente memoria consolidada.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-501": {
   "value": "<div class=\"ps1932 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Dividendos</span></div><div class=\"ps1807 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los ingresos por dividendos se reconocen cuando se establece el derecho del Grupo a recibir el cobro correspondiente.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-502": {
   "value": "<div class=\"ps1964 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.55pt\">3.12.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1963_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.45pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:136.27pt\">Impuesto sobre las ganancias</span></div><div class=\"ps1673_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El gasto por impuesto sobre beneficios del ejercicio se calcula como la suma del impuesto corriente de cada una de las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1740 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">sociedades dependientes integradas en estas cuentas anuales consolidadas, a excepci\u00f3n de los 4 grupos fiscales consolidados</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1741_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">existentes, cuyas cabeceras son: Meli\u00e1 Hotels International, S.A., Sol Meli\u00e1 France S.A.S.,\u00a0 Adprotel Strand, S.L.. e Inversiones</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1965_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:312.54pt\">Explotaciones Tur\u00edsticas, S.A. que suman como una unidad cada uno de ellos.</span></div><div class=\"ps1677_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Este c\u00e1lculo resulta de la aplicaci\u00f3n del correspondiente tipo de gravamen sobre la base imponible del ejercicio tras aplicar las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1678_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">bonificaciones y deducciones existentes, y de la variaci\u00f3n de los activos y pasivos por impuesto diferido contabilizados. Se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconoce este importe en la Cuenta de p\u00e9rdidas y ganancias consolidada, excepto en aquellos casos en los que este impuesto</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">est\u00e1 directamente relacionado con partidas directamente reflejadas en el patrimonio neto consolidado, en cuyo caso el</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:159.22pt\">impuesto se reconoce en este ep\u00edgrafe.</span><span class=\"f charStyle-f47c836a ps1966\" style=\"width:2.71pt\"> </span></div><div class=\"ps1682_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los activos y pasivos por impuestos corrientes se valoran por el importe que se espera recuperar o pagar. Los tipos impositivos</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1967 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.12pt\">utilizados son los que est\u00e9n en vigor a la fecha del Balance consolidado.</span></div><div class=\"ps1968 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Se reconocen provisiones en relaci\u00f3n con aquellas materias para las que la determinaci\u00f3n fiscal es incierta pero se considera</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1969 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">probable que haya una futura salida de flujos de caja a una autoridad tributaria. Estas provisiones se valoran a la mejor</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1970 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">estimaci\u00f3n del importe que se espera pagar en relaci\u00f3n con ellas. La evaluaci\u00f3n se basa en el juicio de profesionales en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1971 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">materia fiscal dentro de la Compa\u00f1\u00eda con experiencia previa en dichas materias y, en ciertos casos, con el asesoramiento de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:102.51pt\">expertos independientes.</span></div><div class=\"ps1973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los activos y pasivos por impuesto diferido se calculan para todas las diferencias temporarias existentes a la fecha del Balance</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.6pt\">consolidado como diferencia entre el valor en libros de los activos y pasivos y el que constituye el valor fiscal de los mismos.</span></div><div class=\"ps1975 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los activos por impuesto diferido y los pasivos por impuesto diferido se compensan si, y solo si, existe un derecho legalmente</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocido de compensar los activos por impuesto corriente con los pasivos por impuesto corriente y cuando los activos por</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">impuesto diferido y los pasivos por impuesto diferido se derivan del impuesto sobre las ganancias correspondientes a la misma</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">autoridad fiscal, que recaen sobre la misma entidad o sujeto fiscal, o diferentes entidades o sujetos fiscales, que pretenden</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1976 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.26pt\">liquidar los activos y pasivos fiscales corrientes por su importe neto.</span></div><div class=\"ps1880_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Un pasivo por impuesto diferido es reconocido para todo tipo de diferencias temporarias imponibles, excepto en las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">diferencias temporarias imponibles que surjan de un fondo de comercio comprado cuya amortizaci\u00f3n no es fiscalmente</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">deducible y las que surjan del reconocimiento inicial de un activo o pasivo en una transacci\u00f3n que no es una combinaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425pt\">negocios, y que en el momento de la transacci\u00f3n no afect\u00f3 ni al resultado contable ni al resultado fiscal.</span></div><div class=\"ps1653_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Asimismo, un pasivo por impuesto diferido es reconocido para todas las diferencias temporarias imponibles que provengan de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1654_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">inversiones en entidades dependientes, asociadas y negocios conjuntos, excepto que se den conjuntamente las dos condiciones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">siguientes: que la sociedad dominante sea capaz de controlar el momento de reversi\u00f3n de la diferencia temporaria y que sea</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:299.27pt\">probable que la diferencia temporaria no revierta en un futuro previsible.</span></div><div class=\"ps1655_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Un activo por impuesto diferido es reconocido para todas las diferencias temporarias deducibles y cr\u00e9ditos fiscales por bases</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">imponibles pendientes de compensaci\u00f3n y deducciones pendientes de aplicaci\u00f3n, siempre que sea probable que se vaya a</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">recuperar por la generaci\u00f3n de suficientes beneficios fiscales, contra la cual se podr\u00e1 utilizar el activo por impuesto diferido y</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">cr\u00e9ditos fiscales por bases imponibles negativas o deducciones, excepto en las diferencias temporarias deducibles que surjan</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">del reconocimiento inicial de un activo o pasivo en una transacci\u00f3n que no es una combinaci\u00f3n de negocios, y que en el</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1957 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:340.23pt\">momento de la transacci\u00f3n, no afect\u00f3 ni al resultado contable ni al resultado fiscal.</span></div><div class=\"ps1979 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, un activo por impuesto diferido, para todas las diferencias temporarias deducibles que provengan de inversiones en</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1980 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">entidades dependientes, asociadas y negocios conjuntos, solo es reconocido cuando se den conjuntamente las dos condiciones</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1981 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">siguientes: que sea probable que las diferencias temporarias vayan a revertir en un futuro previsible y se espere disponer de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:318.86pt\">beneficios fiscales contra los cuales cargar las citadas diferencias temporarias.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">La recuperaci\u00f3n del activo por impuesto diferido es revisada en cada cierre del Balance consolidado, ajust\u00e1ndose al importe</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">del saldo del activo por impuesto diferido que se estime probable que se vaya a recuperar por la generaci\u00f3n de suficientes</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">beneficios fiscales, calculados aplicando el criterio de prudencia y excluyendo los posibles beneficios por enajenaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">inmuebles, dada la incertidumbre en cuanto a las fechas de realizaci\u00f3n de los mismos, al depender de las condiciones de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">mercado, as\u00ed como de la variedad de consecuencias fiscales eventuales en funci\u00f3n de la naturaleza de las transacciones que se</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:35.88pt\">realicen.</span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los activos y pasivos por impuesto diferido son medidos bas\u00e1ndose en su forma esperada de materializaci\u00f3n y en la normativa</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:471.7pt\">fiscal y tipos impositivos que se hayan aprobado, o est\u00e9n a punto de aprobarse, en la fecha del Balance consolidado.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-503": {
   "value": "<div class=\"ps1973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los activos y pasivos por impuesto diferido se calculan para todas las diferencias temporarias existentes a la fecha del Balance</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.6pt\">consolidado como diferencia entre el valor en libros de los activos y pasivos y el que constituye el valor fiscal de los mismos.</span></div><div class=\"ps1975 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los activos por impuesto diferido y los pasivos por impuesto diferido se compensan si, y solo si, existe un derecho legalmente</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">reconocido de compensar los activos por impuesto corriente con los pasivos por impuesto corriente y cuando los activos por</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">impuesto diferido y los pasivos por impuesto diferido se derivan del impuesto sobre las ganancias correspondientes a la misma</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">autoridad fiscal, que recaen sobre la misma entidad o sujeto fiscal, o diferentes entidades o sujetos fiscales, que pretenden</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1976 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.26pt\">liquidar los activos y pasivos fiscales corrientes por su importe neto.</span></div><div class=\"ps1880_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Un pasivo por impuesto diferido es reconocido para todo tipo de diferencias temporarias imponibles, excepto en las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">diferencias temporarias imponibles que surjan de un fondo de comercio comprado cuya amortizaci\u00f3n no es fiscalmente</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">deducible y las que surjan del reconocimiento inicial de un activo o pasivo en una transacci\u00f3n que no es una combinaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425pt\">negocios, y que en el momento de la transacci\u00f3n no afect\u00f3 ni al resultado contable ni al resultado fiscal.</span></div><div class=\"ps1653_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Asimismo, un pasivo por impuesto diferido es reconocido para todas las diferencias temporarias imponibles que provengan de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1654_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">inversiones en entidades dependientes, asociadas y negocios conjuntos, excepto que se den conjuntamente las dos condiciones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">siguientes: que la sociedad dominante sea capaz de controlar el momento de reversi\u00f3n de la diferencia temporaria y que sea</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:299.27pt\">probable que la diferencia temporaria no revierta en un futuro previsible.</span></div><div class=\"ps1655_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Un activo por impuesto diferido es reconocido para todas las diferencias temporarias deducibles y cr\u00e9ditos fiscales por bases</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">imponibles pendientes de compensaci\u00f3n y deducciones pendientes de aplicaci\u00f3n, siempre que sea probable que se vaya a</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">recuperar por la generaci\u00f3n de suficientes beneficios fiscales, contra la cual se podr\u00e1 utilizar el activo por impuesto diferido y</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">cr\u00e9ditos fiscales por bases imponibles negativas o deducciones, excepto en las diferencias temporarias deducibles que surjan</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">del reconocimiento inicial de un activo o pasivo en una transacci\u00f3n que no es una combinaci\u00f3n de negocios, y que en el</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1957 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:340.23pt\">momento de la transacci\u00f3n, no afect\u00f3 ni al resultado contable ni al resultado fiscal.</span></div><div class=\"ps1979 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, un activo por impuesto diferido, para todas las diferencias temporarias deducibles que provengan de inversiones en</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1980 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">entidades dependientes, asociadas y negocios conjuntos, solo es reconocido cuando se den conjuntamente las dos condiciones</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1981 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">siguientes: que sea probable que las diferencias temporarias vayan a revertir en un futuro previsible y se espere disponer de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:318.86pt\">beneficios fiscales contra los cuales cargar las citadas diferencias temporarias.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">La recuperaci\u00f3n del activo por impuesto diferido es revisada en cada cierre del Balance consolidado, ajust\u00e1ndose al importe</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">del saldo del activo por impuesto diferido que se estime probable que se vaya a recuperar por la generaci\u00f3n de suficientes</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">beneficios fiscales, calculados aplicando el criterio de prudencia y excluyendo los posibles beneficios por enajenaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">inmuebles, dada la incertidumbre en cuanto a las fechas de realizaci\u00f3n de los mismos, al depender de las condiciones de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">mercado, as\u00ed como de la variedad de consecuencias fiscales eventuales en funci\u00f3n de la naturaleza de las transacciones que se</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:35.88pt\">realicen.</span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los activos y pasivos por impuesto diferido son medidos bas\u00e1ndose en su forma esperada de materializaci\u00f3n y en la normativa</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:471.7pt\">fiscal y tipos impositivos que se hayan aprobado, o est\u00e9n a punto de aprobarse, en la fecha del Balance consolidado.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-504": {
   "value": "<div class=\"ps1987 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">3.14.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Moneda funcional y econom\u00edas hiperinflacionarias</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.99pt\">El euro es la moneda de presentaci\u00f3n del Grupo, y de su matriz Meli\u00e1 Hotels International, S.A.</span></div><div class=\"ps1919 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">La moneda funcional de cada una de las sociedades integrantes del Grupo es la moneda del entorno econ\u00f3mico principal en el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1992 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:203.38pt\">que opera la entidad. A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps1988_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps1989_1\" style=\"width:12.23pt\"> y </span><span class=\"f charStyle-f47c836a ps1990_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1991_1\" style=\"width:262.17pt\"> se considera que las econom\u00edas de Venezuela y Argentina son</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1592_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hiperinflacionarias, ya que se ha determinado que cumple las caracter\u00edsticas del entorno econ\u00f3mico indicadas en la NIC 29</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.07pt\">\u201cInformaci\u00f3n financiera en econom\u00edas hiperinflacionarias\u201d.</span></div><div class=\"ps1922 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Como consecuencia, en el caso de Venezuela, se reexpresan los Balances de las sociedades venezolanas del per\u00edmetro de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">consolidaci\u00f3n, bas\u00e1ndose en el m\u00e9todo del coste corriente, reflejando as\u00ed los efectos de los cambios en los \u00edndices de precios</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157.55pt\">en sus activos y pasivos no monetarios.</span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Asimismo, se imputa a la Cuenta de p\u00e9rdidas y ganancias, la p\u00e9rdida o ganancia de poder adquisitivo derivada de la aplicaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de la variaci\u00f3n del \u00edndice de precios a la posici\u00f3n monetaria neta. Tambi\u00e9n se incluye en el resultado financiero el efecto de la</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">reexpresi\u00f3n en la unidad monetaria corriente del resto de partidas de la Cuenta de p\u00e9rdidas y ganancias de las sociedades</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:52.14pt\">venezolanas.</span></div><div class=\"ps1188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Con el objeto de mejorar la imagen fiel de los estados financieros consolidados, y dada la evidente relaci\u00f3n econ\u00f3mica</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1923 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">existente entre los impactos reconocidos por la hiperinflaci\u00f3n y la devaluaci\u00f3n que se registran en Venezuela en los \u00faltimos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1993 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">a\u00f1os, el Grupo presenta ambos efectos en el patrimonio neto consolidado, reconociendo tanto el efecto de la revalorizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1994 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">de partidas no monetarias como el efecto de las diferencias de conversi\u00f3n a euros, directamente en el ep\u00edgrafe de Ganancias</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1995 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:133.88pt\">Acumuladas del patrimonio neto.</span></div><div class=\"ps1925 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A continuaci\u00f3n, se muestran los impactos acumulados de ambas magnitudes desglosadas por separado para el ejercicio actual</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1719 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:53.15pt\">y el anterior:</span><span class=\"f charStyle-f47c836a ps1996_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2008 ss0_2\"><div class=\"ss109_1 ws0 ps2007\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:300pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:102.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:102.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1999 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps3613\">31/12/2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps3613\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-8b2dbd07 ps267\">Revalorizaci\u00f3n por hiperinflaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2002_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps11079\">311.245</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2003_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps11079\">319.468</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss106_1\"><div><div class=\"ps482 ss718\"><span class=\"f charStyle-8b2dbd07 ps267\">Diferencias conversi\u00f3n (devaluaci\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2005 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps2004_1\">(495.139)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2006 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-934a7fa2 ps2004_1\">(500.962)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2009 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">De acuerdo a estudios de expertos independientes, la hiperinflaci\u00f3n que presenta Venezuela a cierre de ejercicio se sit\u00faa en</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2012 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:82.44pt\">torno a 380,38%. En </span><span class=\"f charStyle-f47c836a ps2010_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2011_1\" style=\"width:262.98pt\">, el incremento de la inflaci\u00f3n ascendi\u00f3 al 98,84% (ver Nota 2.6).</span></div><div class=\"ps2013 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En cuanto a la sociedad ubicada en Argentina, la aplicaci\u00f3n de la NIC 29 no ha supuesto impactos significativos en los estados</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2014 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">financieros consolidados del Grupo debido a la compensaci\u00f3n durante el ejercicio de la inflaci\u00f3n interanual del pa\u00eds con la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2015 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">devaluaci\u00f3n interanual de la moneda del pa\u00eds. No obstante, el Grupo sigue evaluando de manera constante la situaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2016 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:426.11pt\">econ\u00f3mica de Argentina y evaluando los potenciales impactos de la aplicaci\u00f3n de la NIC 29 en dicho pa\u00eds.</span></div><div class=\"ps2017 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Aparte de lo anteriormente mencionado, no existe ninguna otra sociedad en el per\u00edmetro de consolidaci\u00f3n que tenga la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2022 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.7pt\">consideraci\u00f3n de econom\u00eda hiperinflacionaria al cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps2018_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2019_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps2020_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2021_1\" style=\"width:3.3pt\">.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-505": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_34\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 4.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2026_1\"><span style=\"display:inline-block;height:11.34pt;width:8.3pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps2027_1\">Pol\u00edtica de Gesti\u00f3n de Riesgos Financieros</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La Pol\u00edtica General de Control, An\u00e1lisis y Gesti\u00f3n de Riesgos del Grupo Meli\u00e1 establece los principios b\u00e1sicos y directrices que</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">rigen las actividades de control y gesti\u00f3n de riesgos, financieros y no financieros a los que se enfrenta el Grupo. Dicha pol\u00edtica</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2030 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">establece una tolerancia reducida para los riesgos financieros, por lo que en la gesti\u00f3n de este tipo de riesgos se prima la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2031 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">mitigaci\u00f3n de los mismos, tratando as\u00ed de minimizar los efectos adversos que los mismos pudieran producir sobre las cuentas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2032 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.97pt\">anuales consolidadas. Las actuaciones marcadas en dicha gesti\u00f3n se revisan y actualizan peri\u00f3dicamente.</span></div><div class=\"ps2033 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:515.54pt\">Las actividades del Grupo est\u00e1n expuestas principalmente a diversos riesgos: riesgo de mercado (riesgo de tipo de inter\u00e9s,</span><span class=\"f charStyle-9faf05d8 ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:515.6pt\">riesgo de tipo de cambio, y riesgo de precios), riesgo de liquidez, riesgo de cr\u00e9dito, riesgos medioambientales y diversos</span><span class=\"f charStyle-9faf05d8 ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:515.61pt\">riesgos geopol\u00edticos. El Grupo, a trav\u00e9s de la gesti\u00f3n realizada, trata de minimizar los efectos adversos que los mismos</span><span class=\"f charStyle-9faf05d8 ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1840 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:241.69pt\">pudieran producido sobre sus cuentas anuales consolidadas.</span><span class=\"f charStyle-9faf05d8 ps2034_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-9faf05d8 ps12591\" style=\"width:265.71pt\">Se detalla a continuaci\u00f3n informaci\u00f3n adicional sobre los mismos:</span></div><div class=\"ps2038 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2037_1\"><span style=\"display:inline-block;height:6.8pt;width:5.12pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgo de tipo de inter\u00e9s</span></div><div class=\"ps2039 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.55pt\">El Grupo refleja en sus cuentas anuales consolidadas determinadas partidas que soportan intereses fijos y variables.</span></div><div class=\"ps2040 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El Grupo mantiene una pol\u00edtica de cobertura parcial del riesgo de variaci\u00f3n de los tipos de inter\u00e9s contratando diferentes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2041 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">derivados financieros que le permiten contratar un tipo fijo por un determinado periodo de tiempo y que aplica a las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:308.89pt\">diferentes operaciones de financiaci\u00f3n que tiene a tipos de inter\u00e9s variable.</span><span class=\"f charStyle-f47c836a ps2042_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2046 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:117.38pt\">La estructura de la deuda al </span><span class=\"f charStyle-f47c836a ps2044_1\" style=\"width:99.95pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2045_1\" style=\"width:298.27pt\"> es la siguiente (estos importes no incluyen los intereses devengados y no</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2047_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:219.03pt\">pagados ni los pasivos por arrendamiento de negocio):</span></div><div class=\"ps2070_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps979\">Inter\u00e9s Fijo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2051\">Inter\u00e9s Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2054_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8399 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2055_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2056_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8139 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2058 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">337.253</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2059 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">483.007</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2060 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">820.261</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3818 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2062_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">133.088</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2063_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">2.625</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2064 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">135.713</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps8239 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-28c2751e ps2065\">TOTAL DEUDA</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2066_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">522.841</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2067 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">485.632</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2069_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2746\">1.008.473</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2071_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:369.51pt\">Las deudas a tipo de inter\u00e9s variable est\u00e1n referenciadas b\u00e1sicamente al Euribor y al SOFR.</span></div><div class=\"ps2074_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:9.34pt\">A </span><span class=\"f charStyle-f47c836a ps2072\" style=\"width:104.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2073\" style=\"width:401.69pt\">, el Grupo tiene contratados varios swaps de tipos de inter\u00e9s calificados como instrumentos de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2075_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">cobertura de flujos de efectivo. Los pr\u00e9stamos bancarios e hipotecarios a tipo variable cubiertos por estos swaps se presentan</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2076_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:453.48pt\">en la columna de inter\u00e9s fijo por la parte del capital cubierto. Se ofrecen desgloses adicionales en la Nota 13.3.</span></div><div class=\"ps2077 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:456.35pt\">Adicionalmente, la Compa\u00f1\u00eda mantiene garant\u00edas y avales por diversas operaciones, desglosadas en la Nota 21.2.</span></div><div class=\"ps2081 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.89pt\">A efectos comparativos se presenta la informaci\u00f3n correspondiente al ejercicio </span><span class=\"f charStyle-f47c836a ps2078_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2079_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2080_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2094 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2050 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-28c2751e ps979\">Inter\u00e9s Fijo</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2051\">Inter\u00e9s Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2054_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8399 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2055_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2056_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2058 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">11.100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2060 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">11.100</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2062_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">312.010</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2063_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">424.158</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2064 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">736.169</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1110 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2084 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">85.429</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2085 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">55.914</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2086_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">141.342</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3529 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2088_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps832\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2089 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps832\">828</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2632 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-28c2751e ps2065\">TOTAL DEUDA</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2091_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">461.039</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2092_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">480.900</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2093_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">941.939</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps2099_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.13pt\">La sensibilidad en miles de euros del resultado de los ejercicios </span><span class=\"f charStyle-f47c836a ps2095_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2096_1\" style=\"width:10.91pt\"> y </span><span class=\"f charStyle-f47c836a ps2097\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2098\" style=\"width:201.89pt\"> ante variaciones (en puntos b\u00e1sicos) de los tipos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2101 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.67pt\">de inter\u00e9s, es la siguiente:</span><span class=\"f charStyle-f47c836a ps2100\" style=\"width:2.71pt\"> </span></div><div class=\"ps15760 ss0_2\"><div class=\"ss121_1 ws0 ps2119\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:215.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:150pt\"></td><td style=\"padding:0;width:147pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-4ed8e3ec ps2103\">Variaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps2105_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-4ed8e3ec ps2104\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2108 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-fdea4ace ps2106\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-f47c836a ps13458\">+ 25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2111 ss308\"><div><div class=\"ps2107_1 ss21\"><span class=\"f charStyle-16c696ac ps2110\">1.214</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2113 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-6abf3695 ps2112_1\">1.202</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-8b2dbd07 ps2114_1\">- 25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2116 ss308\"><div><div class=\"ps2107_1 ss21\"><span class=\"f charStyle-16c696ac ps2115_1\">(1.214)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2118 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-6abf3695 ps2117_1\">(1.202)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2121 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El anterior an\u00e1lisis de sensibilidad se ha efectuado suponiendo un incremento/disminuci\u00f3n medio a lo largo de todo el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2122 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">ejercicio en los puntos b\u00e1sicos indicados en la tabla. Para dicho c\u00e1lculo se ha tenido en cuenta el efecto de los swaps de tipos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2123 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.09pt\">de inter\u00e9s mencionados en la Nota 13.3.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1259\"><span style=\"display:inline-block;height:6.8pt;width:3.89pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgo de tipo de cambio</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo lleva a cabo su actividad en el \u00e1mbito internacional y, por tanto, est\u00e1 expuesto a riesgo de tipo de cambio por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:97.65pt\">operaciones con divisas.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El riesgo de tipo de cambio surge de las operaciones comerciales, financieras y de inversi\u00f3n, as\u00ed como de la conversi\u00f3n de los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estados financieros de las sociedades filiales denominadas en una moneda funcional diferente a la moneda de presentaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A pesar de no tener contratados instrumentos financieros (swaps, seguros de cambio) para mitigar este posible riesgo, el Grupo</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">desarrolla pol\u00edticas encaminadas a mantener un equilibrio entre los cobros y pagos en efectivo de activos y pasivos</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:148.33pt\">denominados en moneda extranjera.</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Se ha realizado el siguiente an\u00e1lisis de sensibilidad sobre el resultado antes de impuestos y sobre el patrimonio de las</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">correspondientes filiales, en base a la apreciaci\u00f3n y depreciaci\u00f3n respecto al euro de las principales monedas en las que opera</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2124 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:318.71pt\">la Compa\u00f1\u00eda, suponiendo que el resto de las variables permanecen constantes:</span></div><div class=\"ps2148 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:214.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"2\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2125 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-28c2751e ps2104\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"2\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2126 ss123_1\"><div><div class=\"ps482 ss122_1\"><span class=\"f charStyle-28c2751e ps1702\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps807 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps2129 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2128_1\">+10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2131 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2130_1\">-10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2133 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2792\">+10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2135 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps801\">-10%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-934a7fa2 ps267\">P\u00e9rdidas y Ganancias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2137 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">7.691</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2138 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">(7.691)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2139 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">6.259</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2141 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps2140_1\">(6.259)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-934a7fa2 ps267\">Patrimonio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2143 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">80.270</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2144_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps15249\">(80.270)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2145 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">71.841</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2147 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps2146_1\">(71.841)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2150 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-10d23c65 ps12591\" style=\"width:371.04pt\">(*) se muestra con signo negativo un menor ingreso y una disminuci\u00f3n del patrimonio neto consolidado.</span><span class=\"f charStyle-10d23c65 ps2149_1\" style=\"width:2.41pt\"> </span></div><div class=\"ps2153 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:404.64pt\">La deuda financiera del Grupo est\u00e1 referenciada mayoritariamente al euro en un 88,3% (86,6% en </span><span class=\"f charStyle-f47c836a ps2151\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2152\" style=\"width:91.99pt\">), siendo el peso de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.52pt\">deuda en monedas diferentes del euro de un 11,7% (13,4% en </span><span class=\"f charStyle-f47c836a ps2154_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2155_1\" style=\"width:242.22pt\">), ajust\u00e1ndose as\u00ed a la generaci\u00f3n de caja en las diferentes</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2157 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.77pt\">monedas.</span></div><div class=\"ps2158 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:444.22pt\">El Grupo gestiona as\u00ed una cobertura natural de su endeudamiento, dada la generaci\u00f3n de caja en esas divisas.</span></div><div class=\"ps2159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">4.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:83.85pt\">Riesgo de liquidez</span></div><div class=\"ps2160 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La pol\u00edtica de liquidez seguida por el Grupo asegura el cumplimiento de los compromisos de pago adquiridos sin tener que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">recurrir a la obtenci\u00f3n de fondos en condiciones gravosas. Para ello se utilizan diferentes medidas de gesti\u00f3n tales como el</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2162 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">mantenimiento de facilidades crediticias comprometidas por importe y flexibilidad suficiente, la diversificaci\u00f3n de la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2163 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">cobertura de las necesidades de financiaci\u00f3n mediante el acceso a diferentes mercados y \u00e1reas geogr\u00e1ficas, y la</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2165 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.03pt\">diversificaci\u00f3n de los vencimientos de la deuda emitida</span><span class=\"f charStyle-982149e5 ps2164_1\" style=\"width:3.3pt\">.</span></div><div class=\"ps2168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.95pt\">El cuadro adjunto resume los vencimientos de los pasivos financieros del Grupo a </span><span class=\"f charStyle-f47c836a ps2166_1\" style=\"width:106.79pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2167_1\" style=\"width:53.85pt\">, basados en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2170 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:150.22pt\">importes nominales por vencimiento:</span><span class=\"f charStyle-f47c836a ps2169_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2211_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:61.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss129_1\"><div><div class=\"ps476 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2171_1\">Menos de 3 </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2021\">meses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2175_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps15487\">3 a 12 meses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2177 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps583\">1 a 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2179 ss133_1\"><div><div class=\"ps476 ss132_1\"><span class=\"f charStyle-4ed8e3ec ps2178_1\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2181 ss134_1\"><div><div class=\"ps476 ss108\"><span class=\"f charStyle-4ed8e3ec ps1992\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2182 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2184 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2183_1\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2185 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">27.631</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2187 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">136.888</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2188 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">783.909</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2190 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-f47c836a ps2189_1\">7.545</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2192 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">955.973</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2193 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">45.830</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2194 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">148.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2195 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">653.274</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2197 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-f47c836a ps2196_1\">1.519.014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2199 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2198_1\">2.366.150</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3734 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-28c2751e ps2200_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2202 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2661\">73.461</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2204_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1402\">284.920</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2206_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2205_1\">1.489.683</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2208_1 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-4ed8e3ec ps2207_1\">1.526.559</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2210_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps2198\">3.374.623</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2212 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La Compa\u00f1\u00eda considera que, dadas las pol\u00edticas de endeudamiento aplicadas, el cuadro de vencimiento de deuda, la situaci\u00f3n<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps2213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">de tesorer\u00eda, as\u00ed como las disponibilidades de p\u00f3lizas de cr\u00e9dito, y teniendo en cuenta el presupuesto del Grupo para el</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ejercicio 2026 enmarcado en el nuevo Plan Estrat\u00e9gico, garantizan que el Grupo pueda hacer frente con solvencia a las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.6pt\">obligaciones adquiridas a 31 de diciembre de 2025.</span></div><div class=\"ps2216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:496.6pt\">El tipo medio de inter\u00e9s devengado por estos pasivos financieros durante el presente ejercicio es del 4,2%. En el ejercicio </span><span class=\"f charStyle-f47c836a ps2215\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2217_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.91pt\">fue del 5,56%. Se excluyen del c\u00e1lculo de este tipo de inter\u00e9s medio los tipos utilizados para los pasivos por arrendamiento.</span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Asimismo, la Compa\u00f1\u00eda tiene una pol\u00edtica de gesti\u00f3n activa para el mantenimiento de los plazos medios de vencimiento de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.26pt\">deuda, as\u00ed como las renovaciones recurrentes de las p\u00f3lizas de cr\u00e9dito a corto y medio plazo.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A\u00a0 efectos comparativos, se detallan los vencimientos a cierre de </span><span class=\"f charStyle-f47c836a ps2224\">2024</span><span class=\"f charStyle-f47c836a ps2225_1\">:\u00a0 </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td></tr><tr style=\"height:24pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss138_1\"><div><div class=\"ps1065_1 ss471\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2173 ss139_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2171_1\">Menos de 3 </span></div><div class=\"ps2226 ss130_1\"><span class=\"f charStyle-28c2751e ps2021\">meses</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2175_1 ss139_1\"><div><div class=\"ps1065_1 ss130_1\"><span class=\"f charStyle-28c2751e ps15487\">3 a 12 meses</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2177 ss139_1\"><div><div class=\"ps1065_1 ss130_1\"><span class=\"f charStyle-28c2751e ps583\">1 a 5 a\u00f1os</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2179 ss35\"><div><div class=\"ps1065_1 ss34\"><span class=\"f charStyle-28c2751e ps2227_1\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2229 ss142_1\"><div><div class=\"ps1065_1 ss492\"><span class=\"f charStyle-28c2751e ps2228_1\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2230 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2232 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2234 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps2233_1\">52.500</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps816 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2236 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">11.100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2237 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps2233_1\">11.100</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2238 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">19.623</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2239 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">86.539</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2241 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps9454\">765.301</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2243_1 ss146_1\"><div><div class=\"ps958 ss34\"><span class=\"f charStyle-934a7fa2 ps9374\">6.048</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2245 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps7006\">877.511</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-8b2dbd07 ps267\">P\u00f3lizas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2248 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2250 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps9369\">828</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps613 ss147_1\"><div><div class=\"ps1102_1 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2252 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2231_1\">44.003</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2253 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps9454\">144.445</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2254 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps9454\">680.284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2256_1 ss149_1\"><div><div class=\"ps1102_1 ss34\"><span class=\"f charStyle-f47c836a ps2255_1\">1.581.932</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2258 ss150_1\"><div><div class=\"ps1102_1 ss492\"><span class=\"f charStyle-f47c836a ps2257\">2.450.664</span></div></div></div></td></tr><tr style=\"height:18.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss151_1\"><div><div class=\"ps2259 ss471\"><span class=\"f charStyle-28c2751e ps2200_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2261 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">74.726</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2262 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">230.984</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2263 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps2205_1\">1.498.913</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2265 ss153_1\"><div><div class=\"ps2259 ss34\"><span class=\"f charStyle-28c2751e ps2264_1\">1.587.980</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2267 ss154_1\"><div><div class=\"ps2259 ss492\"><span class=\"f charStyle-28c2751e ps2266_1\">3.392.603</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.58pt\">4.4.</span><span class=\"f charStyle-aa796863 ps2269_1\" style=\"width:2.28pt\"> </span><span class=\"f charStyle-aa796863 ps2270\" style=\"width:80.68pt\">Riesgo de precios</span></div><div class=\"ps2272_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El riesgo asociado a los precios de los consumibles del Grupo proviene fundamentalmente de las fluctuaciones en el coste y la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2273 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">disponibilidad de los productos alimentarios y bebidas comercializados. Si bien el entorno ha estado condicionado por</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">episodios de volatilidad derivados del incremento de tensiones comerciales y de la aplicaci\u00f3n de determinadas medidas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2275 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">arancelarias, circunstancias que han generado incertidumbre sobre la evoluci\u00f3n de las cadenas globales de suministro y sobre</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2276 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">las presiones inflacionarias, el Grupo no mantiene una exposici\u00f3n directa que pudiera afectar de forma significativa a su</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2277 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:85.27pt\">estructura de costes.</span></div><div class=\"ps2278 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">No obstante, cambios adicionales en las pol\u00edticas comerciales o incrementos generalizados de aranceles podr\u00edan alterar el</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funcionamiento de las cadenas de suministro globales, generando impactos potencialmente adversos, si bien su probabilidad es</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">reducida y su magnitud dif\u00edcil de anticipar. Durante el ejercicio, el Grupo ha llevado a cabo un seguimiento continuo de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2281_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.23pt\">situaci\u00f3n, conforme a los protocolos establecidos.</span></div><div class=\"ps2282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los administradores consideran que las variaciones en los precios no son significativas y, en la medida en que se producen, se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2283_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">trasladan a los precios de venta de los productos. En consecuencia, el Grupo no suscribe operaciones de cobertura espec\u00edficas</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.43pt\">frente a este tipo de riesgo.</span></div><div class=\"ps2285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Asimismo, el Grupo est\u00e1 expuesto a riesgos de precio del patrimonio neto de inversiones financieras en instrumentos de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">patrimonio. Las inversiones en instrumentos de patrimonio en entidades no cotizadas se desglosan en la Nota 13 y son</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">mantenidas por motivos estrat\u00e9gicos y no con la finalidad de negociar con ellas, y est\u00e1n principalmente enfocadas a entidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2288 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">con activos hoteleros en propiedad. Dado el reducido porcentaje de participaci\u00f3n en las mismas, en caso de variaciones no</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">superiores al 10% en el valor razonable de los activos de las entidades en las que el Grupo dispone de instrumentos de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">patrimonio sin poseer influencia significativa no afectar\u00edan de forma significativa al valor en libros de dichas inversiones en el</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2292_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.86pt\">Balance consolidado.</span><span class=\"f charStyle-f47c836a ps2291\" style=\"width:2.71pt\"> </span></div><div class=\"ps2293_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.54pt\">Por su parte, el Grupo no dispone de inversiones relevantes en instrumentos de patrimonio de entidades cotizadas.</span></div><div class=\"ps2295_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.13pt\">4.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2294\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.13pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:79.69pt\">Riesgo de cr\u00e9dito</span></div><div class=\"ps2296_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El riesgo de cr\u00e9dito derivado del fallo de una contraparte (cliente, proveedor o entidad financiera) est\u00e1 atenuado por las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2297_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">pol\u00edticas seguidas por el Grupo en cuanto a diversificaci\u00f3n de la cartera de clientes, mercados emisores, la vigilancia de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2298_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">concentraciones y un control exhaustivo de la deuda en todo momento. Adicionalmente, en algunos casos el Grupo utiliza</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2299_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.64pt\">otras operaciones financieras que permiten reducir el riesgo de cr\u00e9dito como son las cesiones de cr\u00e9dito.</span></div><div class=\"ps2300_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los plazos de cr\u00e9dito a clientes concedidos por el Grupo oscilan entre 21 y 90 d\u00edas, siendo el periodo medio de cobro de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2305_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:47.98pt\">cr\u00e9ditos en </span><span class=\"f charStyle-f47c836a ps2301\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2302_1\" style=\"width:136.03pt\"> de 29,26 d\u00edas y de 34,73 d\u00edas en </span><span class=\"f charStyle-f47c836a ps2303_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2304\" style=\"width:293.73pt\">. El desglose de los saldos de clientes por antig\u00fcedad se encuentra en la</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps2306_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.28pt\">Nota 14.2.</span></div><div class=\"ps2308_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.57pt\">4.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2307\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.69pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.62pt\">Riesgos medioambientales</span></div><div class=\"ps2309 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La lucha contra el cambio clim\u00e1tico y la protecci\u00f3n del entorno natural contin\u00faan siendo \u00e1mbitos prioritarios dentro del</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2310 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">compromiso del Grupo con la sostenibilidad y con la preservaci\u00f3n de los destinos tur\u00edsticos en los que opera. En l\u00ednea con la</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2311 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">hoja de ruta 2025\u20112027 y bajo el marco del programa Travel for Good, la Compa\u00f1\u00eda impulsa un modelo de gesti\u00f3n hotelera</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2312 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">eficiente y responsable, orientado a la reducci\u00f3n del impacto ambiental, al uso sostenible de los recursos y a la integraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2313 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">progresiva de criterios clim\u00e1ticos en la toma de decisiones. Asimismo, los riesgos derivados del cambio clim\u00e1tico \u2014y, en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2314 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">general, los principales riesgos ESG\u2014 forman parte del Mapa Global de Riesgos del Grupo, supervisado conforme al sistema de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2315 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.62pt\">gesti\u00f3n de riesgos basado en el modelo de tres l\u00edneas de defensa.</span></div><div class=\"ps2316 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En materia de mitigaci\u00f3n, la Compa\u00f1\u00eda desarrolla una estrategia orientada a la descarbonizaci\u00f3n progresiva de su modelo de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2317 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">negocio, sustentada en tres ejes: la optimizaci\u00f3n de consumos energ\u00e9ticos mediante sistemas avanzados de control y</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2318 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">monitorizaci\u00f3n; la migraci\u00f3n hacia fuentes de energ\u00eda renovables, incluyendo instalaciones fotovoltaicas y contratos con</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2319_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">garant\u00edas de origen; y la sensibilizaci\u00f3n de la cadena de valor para impulsar pr\u00e1cticas ambientales responsables en hoteles en</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2320_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">gesti\u00f3n y socios estrat\u00e9gicos. Estas medidas refuerzan la eficiencia operativa y contribuyen a reducir la exposici\u00f3n del Grupo a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2321 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.56pt\">riesgos regulatorios y econ\u00f3micos vinculados a la transici\u00f3n energ\u00e9tica.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En el \u00e1mbito de la adaptaci\u00f3n, Meli\u00e1 ha ampliado y profundizado su an\u00e1lisis de riesgos f\u00edsicos conforme a las recomendaciones</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">del Task Force on Climate-related Financial Disclosures (TCFD), extendiendo la evaluaci\u00f3n a todo el porfolio de hoteles en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">propiedad y alquiler e incorporando las metodolog\u00edas del nuevo marco regulatorio europeo. Como parte de la gesti\u00f3n a corto</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">plazo, la Compa\u00f1\u00eda ha desarrollado protocolos preventivos y planes de continuidad para hacer frente a eventos clim\u00e1ticos</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">extremos \u2014como precipitaciones intensas, huracanes o temperaturas extremas\u2014 fortaleciendo as\u00ed la resiliencia de sus</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:317.93pt\">operaciones y la protecci\u00f3n de los destinos tur\u00edsticos en los que est\u00e1 presente.</span></div><div class=\"ps1812 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgos geopol\u00edticos</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">A lo largo de 2025, el Grupo ha continuado desarrollando su actividad en un entorno internacional marcado por tensiones</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">geopol\u00edticas y cierta incertidumbre macroecon\u00f3mica. Los conflictos en Ucrania y Oriente Medio se han mantenido sin una</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">resoluci\u00f3n definitiva, en un contexto de persistencia de focos de tensi\u00f3n en el mundo. Adicionalmente el incremento de las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tensiones comerciales y arancelarias tras las medidas impuestas desde Estados Unidos han significado un cambio en las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.94pt\">relaciones comerciales establecida durante a\u00f1os.</span><span class=\"f charStyle-f47c836a ps2323_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Por otro lado, durante el ejercicio se ha mantenido un entorno complejo referente a las operaciones desarrolladas en Cuba. El</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">escenario geopol\u00edtico y macroecon\u00f3mico sigue siendo de una elevada incertidumbre, marcada por restricciones energ\u00e9ticas,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">limitaciones en la cadena de suministros y la volatilidad en la conectividad a\u00e9rea internacional, que se ha visto negativamente</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">afectada. En este sentido, la Compa\u00f1\u00eda ha reforzado sus capacidades operativas y de abastecimiento, asegurando el cuidado y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">experiencia de nuestros hu\u00e9spedes, teniendo en cuenta la situaci\u00f3n .La capacidad de abastecimiento energ\u00e9tico aut\u00f3nomo y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">las medidas preventivas tomadas han neutralizado cualquier riesgo que pudiera derivarse por cortes en el suministro</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">energ\u00e9tico o en el abastecimiento. El Grupo mantiene una monitorizaci\u00f3n constante de la situaci\u00f3n y ha desarrollado un</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:406.24pt\">conjunto de medidas preventivas para minimizar cualquier tipo de impacto derivado de la situaci\u00f3n.</span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Durante el ejercicio, estos factores no han tenido un impacto significativo en las reservas ni en la operativa del Grupo, al no</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">ser material su exposici\u00f3n en las \u00e1reas afectadas, limit\u00e1ndose su efecto al reconocimiento de una p\u00e9rdida por deterioro de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">14,6 millones de euros correspondiente a determinadas inversiones financieras (ver Notas 12 y 13.1), tras la actualizaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">su importe recuperable al cierre del ejercicio. Asimismo, el riesgo de contagio a otras regiones clave para la actividad tur\u00edstica</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:441.14pt\">se ha mantenido contenido, permitiendo que la evoluci\u00f3n del negocio se desarrollara conforme a lo previsto.</span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">No obstante, el entorno ha estado condicionado por episodios de volatilidad asociados al incremento de tensiones comerciales</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">y a la aplicaci\u00f3n de medidas arancelarias anteriormente mencionadas, lo que ha generado incertidumbre sobre la evoluci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2325 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">las cadenas globales de suministro y las presiones inflacionarias. Aunque el Grupo no tiene una exposici\u00f3n directa que pudiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impactar en la estructura de costes de forma significativa, los cambios en las pol\u00edticas comerciales y el incremento de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2327 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">aranceles de forma generalizada podr\u00eda afectar a las cadenas de suministro global, generando impactos potencialmente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2328 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">perjudiciales que aunque remotos son dif\u00edciles de prever. Durante el ejercicio, el Grupo ha realizado un seguimiento de la</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2329 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:233.18pt\">situaci\u00f3n, siguiendo los protocolos establecidos al efecto.</span></div><div class=\"ps2332 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:14.87pt\">4.8</span><span class=\"f charStyle-aa796863 ps2330_1\" style=\"width:5.23pt\">. </span><span class=\"f charStyle-aa796863 ps2331_1\" style=\"width:134.45pt\">Pol\u00edtica de gesti\u00f3n del capital</span></div><div class=\"ps1973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Los principales objetivos de la gesti\u00f3n de capital del Grupo son asegurar la estabilidad financiera a corto y largo plazo,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">garantizar la liquidez necesaria para la operativa corriente y las inversiones, la positiva evoluci\u00f3n del valor de las acciones de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2333 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.76pt\">Meli\u00e1 Hotels International S.A. y una adecuada remuneraci\u00f3n de los accionistas v\u00eda dividendo.</span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La situaci\u00f3n financiera est\u00e1 tambi\u00e9n respaldada por el s\u00f3lido apoyo de los bancos y la base de activos de la Compa\u00f1\u00eda.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">Actualmente, el 13,5% (15% al cierre del 2024) del total de la deuda </span><span class=\"f charStyle-f47c836a ps2334\" style=\"width:226.8pt\">corresponde a pr\u00e9stamos hipotecarios garantizados por</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:70.44pt\">activos del Grupo</span><span class=\"f charStyle-f47c836a ps2335\" style=\"width:3.3pt\">.</span></div><div class=\"ps2338_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:14.62pt\">4.9</span><span class=\"f charStyle-58d8bcbe ps2336\" style=\"width:2.77pt\"> </span><span class=\"f charStyle-aa796863 ps8282\" style=\"width:149.94pt\">Estimaciones de valor razonable</span></div><div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El valor razonable se define como el importe que puede ser recibido por vender un activo, o pagado por transferir un pasivo,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1928 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:352.32pt\">en una transacci\u00f3n ordenada entre participantes del mercado en la fecha de medici\u00f3n.</span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En cuanto a los activos y pasivos registrados a valor razonable en el Balance consolidado, se han definido los siguientes niveles</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2340_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:335.34pt\">de jerarqu\u00eda seg\u00fan las variables utilizadas en las diferentes t\u00e9cnicas de valoraci\u00f3n:</span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.83pt\">Nivel 1: Basada en precios cotizados en mercados activos</span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.33pt\">Nivel 2: Basada en otras variables observables en el mercado, de forma directa o indirecta</span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.76pt\">Nivel 3: Basada en variables no observables en el mercad</span><span class=\"f charStyle-f47c836a ps2341\" style=\"width:8.12pt\">o.</span><span class=\"f charStyle-f47c836a ps2342\" style=\"width:5.42pt\">\u00a0 </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.7pt\">Los importes contabilizados a valor razonable a </span><span class=\"f charStyle-f47c836a ps2343\" style=\"width:107.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2344\" style=\"width:199.33pt\"> seg\u00fan los niveles de jerarqu\u00eda se desglosan a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.88pt\">continuaci\u00f3n:</span></div><div class=\"ps2392 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss161_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:233.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss156_1\"><div><div class=\"ps2226 ss155_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2347_1 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2349 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2350_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2351 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2353 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3516 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2355 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2356 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps667_1 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2359_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2360_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6862 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2363_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2365_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">7.870</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3699 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14416 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2368_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2247_1\">621</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps436 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2371_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2372_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2373\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2376_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2377_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2379_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">214.978</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2380_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">216.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps292 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8419 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2381_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2382_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3579 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2383_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2384 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4060 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2385_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2387 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2389 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">2.375</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2390 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11048\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2391 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2393 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 1 se corresponden con instrumentos de patrimonio de empresas cotizadas,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">que son valorados a trav\u00e9s de precios observables en mercados activos.</span></div><div class=\"ps2395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 2 comprenden derivados financieros de tipo swap de tipos de inter\u00e9s y son</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2396_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">valorados por entidades financieras y expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n, principalmente por descuento</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2397_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.77pt\">de flujos de caja, basadas en datos observables en el mercado.</span></div><div class=\"ps2398_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las inversiones inmobiliarias incluidas en el nivel 3 son valoradas mediante t\u00e9cnicas de descuento de flujos de caja soportadas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2399 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">por estudios de expertos independientes y actualizaciones internas de las mismas. Tal como se indica en la Nota 11, se</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2400_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">incluyen en este ep\u00edgrafe inversiones realizadas por el Grupo para obtener rentas de alquiler o plusval\u00edas, en las que se</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">incluyen participaciones en apartamentos de tres comunidades de propietarios en Espa\u00f1a, un centro comercial en Am\u00e9rica y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2402_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">otros terrenos e inmuebles en Espa\u00f1a. Para la estimaci\u00f3n de los flujos de caja futuros se toman en cuenta tasas de crecimiento</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2403_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">esperadas, tanto de los precios de alquiler como de las explotaciones hoteleras, seg\u00fan sea el caso, as\u00ed como otras variables no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2404_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.62pt\">observables directamente.</span></div><div class=\"ps2405_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los activos y pasivos por derivados en cartera de negociaci\u00f3n incluidos en el Nivel 3 comprende a una opci\u00f3n de compra y a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2406_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">una de venta (esta \u00faltima embebida en un derecho de arrastre concedido) sobre participaciones en empresas propietarias de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2407_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hoteles gestionados por el Grupo. Para el c\u00e1lculo del valor de estos derivados, el Grupo se apoya en informes de experto</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2408_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.91pt\">independiente, ya sean sobre el valor del activo subyacente, o sobre el propio valor de las participaciones.</span></div><div class=\"ps2409_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:515.52pt\"><span style=\"background-color:inherit\">Finalmente, los Instrumentos de patrimonio no cotizados incluidos en el nivel 3 comprenden mayoritariamente participaciones</span></span><span class=\"f charStyle-5af4d000 ps1365_1\" style=\"width:2.71pt\"><span style=\"background-color:inherit\"> </span></span></div><div class=\"ps2411 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:351.39pt\"><span style=\"background-color:inherit\">minoritarias en sociedades propietarias de hoteles gestionados por el Grupo, las cuales</span></span><span class=\"f charStyle-f47c836a ps2410\" style=\"width:114.67pt\"> se detallan en la Nota 13.1.</span></div><div class=\"ps2412_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A efectos comparativos, se muestra, a continuaci\u00f3n, los saldos contabilizados en las diferentes jerarqu\u00edas de valoraci\u00f3n, a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2416_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.91pt\">cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps2413\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2414\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2415\" style=\"width:10.84pt\">\u00a0 \u00a0 </span></div><div class=\"ps2460 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:242.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss163_1\"><div><div class=\"ps2226 ss162_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11860 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2419_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2420 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2421 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3516 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2422 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2423 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11292 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps825 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2426 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2427_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7158 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2429_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">61</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2430_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.325</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2431_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.386</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1507 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2433_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2434_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss167_1\"><div><div class=\"ps2435_1 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2436_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2437_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15895 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2438\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2441 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2442 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2443 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">205.399</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2444 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">206.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2445 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9403 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2449 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2450_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps14778 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2452 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2453_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">9.200</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4922 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2454_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2456 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2457_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps14672\">3.667</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2458 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2459_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-506": {
   "value": "<div class=\"ps2038 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2037_1\"><span style=\"display:inline-block;height:6.8pt;width:5.12pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgo de tipo de inter\u00e9s</span></div><div class=\"ps2039 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.55pt\">El Grupo refleja en sus cuentas anuales consolidadas determinadas partidas que soportan intereses fijos y variables.</span></div><div class=\"ps2040 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El Grupo mantiene una pol\u00edtica de cobertura parcial del riesgo de variaci\u00f3n de los tipos de inter\u00e9s contratando diferentes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2041 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">derivados financieros que le permiten contratar un tipo fijo por un determinado periodo de tiempo y que aplica a las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:308.89pt\">diferentes operaciones de financiaci\u00f3n que tiene a tipos de inter\u00e9s variable.</span><span class=\"f charStyle-f47c836a ps2042_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2046 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:117.38pt\">La estructura de la deuda al </span><span class=\"f charStyle-f47c836a ps2044_1\" style=\"width:99.95pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2045_1\" style=\"width:298.27pt\"> es la siguiente (estos importes no incluyen los intereses devengados y no</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2047_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:219.03pt\">pagados ni los pasivos por arrendamiento de negocio):</span></div><div class=\"ps2070_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps979\">Inter\u00e9s Fijo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2051\">Inter\u00e9s Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2054_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8399 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2055_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2056_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8139 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2058 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">337.253</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2059 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">483.007</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2060 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">820.261</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3818 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2062_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">133.088</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2063_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">2.625</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2064 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">135.713</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps8239 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-28c2751e ps2065\">TOTAL DEUDA</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2066_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">522.841</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2067 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">485.632</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2069_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2746\">1.008.473</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2071_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:369.51pt\">Las deudas a tipo de inter\u00e9s variable est\u00e1n referenciadas b\u00e1sicamente al Euribor y al SOFR.</span></div><div class=\"ps2074_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:9.34pt\">A </span><span class=\"f charStyle-f47c836a ps2072\" style=\"width:104.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2073\" style=\"width:401.69pt\">, el Grupo tiene contratados varios swaps de tipos de inter\u00e9s calificados como instrumentos de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2075_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">cobertura de flujos de efectivo. Los pr\u00e9stamos bancarios e hipotecarios a tipo variable cubiertos por estos swaps se presentan</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2076_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:453.48pt\">en la columna de inter\u00e9s fijo por la parte del capital cubierto. Se ofrecen desgloses adicionales en la Nota 13.3.</span></div><div class=\"ps2077 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:456.35pt\">Adicionalmente, la Compa\u00f1\u00eda mantiene garant\u00edas y avales por diversas operaciones, desglosadas en la Nota 21.2.</span></div><div class=\"ps2081 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.89pt\">A efectos comparativos se presenta la informaci\u00f3n correspondiente al ejercicio </span><span class=\"f charStyle-f47c836a ps2078_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2079_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2080_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2094 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2050 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-28c2751e ps979\">Inter\u00e9s Fijo</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2051\">Inter\u00e9s Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2054_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8399 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2055_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2056_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2058 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">11.100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2060 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">11.100</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2062_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">312.010</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2063_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">424.158</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2064 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">736.169</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1110 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2084 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">85.429</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2085 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps9439\">55.914</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2086_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps2082_1\">141.342</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3529 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2088_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps832\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2089 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-8b2dbd07 ps832\">828</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2632 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-28c2751e ps2065\">TOTAL DEUDA</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2091_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">461.039</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2092_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">480.900</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2093_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">941.939</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps2099_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:265.13pt\">La sensibilidad en miles de euros del resultado de los ejercicios </span><span class=\"f charStyle-f47c836a ps2095_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2096_1\" style=\"width:10.91pt\"> y </span><span class=\"f charStyle-f47c836a ps2097\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2098\" style=\"width:201.89pt\"> ante variaciones (en puntos b\u00e1sicos) de los tipos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2101 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.67pt\">de inter\u00e9s, es la siguiente:</span><span class=\"f charStyle-f47c836a ps2100\" style=\"width:2.71pt\"> </span></div><div class=\"ps15760 ss0_2\"><div class=\"ss121_1 ws0 ps2119\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:215.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:150pt\"></td><td style=\"padding:0;width:147pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-4ed8e3ec ps2103\">Variaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps2105_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-4ed8e3ec ps2104\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2108 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-fdea4ace ps2106\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-f47c836a ps13458\">+ 25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2111 ss308\"><div><div class=\"ps2107_1 ss21\"><span class=\"f charStyle-16c696ac ps2110\">1.214</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2113 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-6abf3695 ps2112_1\">1.202</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss116_1\"><div><div class=\"ps482 ss115_1\"><span class=\"f charStyle-8b2dbd07 ps2114_1\">- 25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2116 ss308\"><div><div class=\"ps2107_1 ss21\"><span class=\"f charStyle-16c696ac ps2115_1\">(1.214)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2118 ss120_1\"><div><div class=\"ps2107_1 ss119_1\"><span class=\"f charStyle-6abf3695 ps2117_1\">(1.202)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2121 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El anterior an\u00e1lisis de sensibilidad se ha efectuado suponiendo un incremento/disminuci\u00f3n medio a lo largo de todo el</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2122 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">ejercicio en los puntos b\u00e1sicos indicados en la tabla. Para dicho c\u00e1lculo se ha tenido en cuenta el efecto de los swaps de tipos</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2123 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.09pt\">de inter\u00e9s mencionados en la Nota 13.3.</span></div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1259\"><span style=\"display:inline-block;height:6.8pt;width:3.89pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgo de tipo de cambio</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo lleva a cabo su actividad en el \u00e1mbito internacional y, por tanto, est\u00e1 expuesto a riesgo de tipo de cambio por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:97.65pt\">operaciones con divisas.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">El riesgo de tipo de cambio surge de las operaciones comerciales, financieras y de inversi\u00f3n, as\u00ed como de la conversi\u00f3n de los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">estados financieros de las sociedades filiales denominadas en una moneda funcional diferente a la moneda de presentaci\u00f3n del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">A pesar de no tener contratados instrumentos financieros (swaps, seguros de cambio) para mitigar este posible riesgo, el Grupo</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">desarrolla pol\u00edticas encaminadas a mantener un equilibrio entre los cobros y pagos en efectivo de activos y pasivos</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:148.33pt\">denominados en moneda extranjera.</span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Se ha realizado el siguiente an\u00e1lisis de sensibilidad sobre el resultado antes de impuestos y sobre el patrimonio de las</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">correspondientes filiales, en base a la apreciaci\u00f3n y depreciaci\u00f3n respecto al euro de las principales monedas en las que opera</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2124 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:318.71pt\">la Compa\u00f1\u00eda, suponiendo que el resto de las variables permanecen constantes:</span></div><div class=\"ps2148 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:214.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"2\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2125 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-28c2751e ps2104\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"2\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2126 ss123_1\"><div><div class=\"ps482 ss122_1\"><span class=\"f charStyle-28c2751e ps1702\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps807 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps2129 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2128_1\">+10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2131 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2130_1\">-10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2133 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2792\">+10%</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2135 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps801\">-10%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-934a7fa2 ps267\">P\u00e9rdidas y Ganancias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2137 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">7.691</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2138 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">(7.691)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2139 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">6.259</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2141 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps2140_1\">(6.259)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss125_1\"><div><div class=\"ps482 ss124_1\"><span class=\"f charStyle-934a7fa2 ps267\">Patrimonio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2143 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">80.270</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2144_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps15249\">(80.270)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2145 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">71.841</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2147 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps2146_1\">(71.841)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2150 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-10d23c65 ps12591\" style=\"width:371.04pt\">(*) se muestra con signo negativo un menor ingreso y una disminuci\u00f3n del patrimonio neto consolidado.</span><span class=\"f charStyle-10d23c65 ps2149_1\" style=\"width:2.41pt\"> </span></div><div class=\"ps2153 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:404.64pt\">La deuda financiera del Grupo est\u00e1 referenciada mayoritariamente al euro en un 88,3% (86,6% en </span><span class=\"f charStyle-f47c836a ps2151\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2152\" style=\"width:91.99pt\">), siendo el peso de la</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.52pt\">deuda en monedas diferentes del euro de un 11,7% (13,4% en </span><span class=\"f charStyle-f47c836a ps2154_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2155_1\" style=\"width:242.22pt\">), ajust\u00e1ndose as\u00ed a la generaci\u00f3n de caja en las diferentes</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2157 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.77pt\">monedas.</span></div><div class=\"ps2158 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:444.22pt\">El Grupo gestiona as\u00ed una cobertura natural de su endeudamiento, dada la generaci\u00f3n de caja en esas divisas.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-507": {
   "value": "<div class=\"ps2159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">4.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:83.85pt\">Riesgo de liquidez</span></div><div class=\"ps2160 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La pol\u00edtica de liquidez seguida por el Grupo asegura el cumplimiento de los compromisos de pago adquiridos sin tener que</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">recurrir a la obtenci\u00f3n de fondos en condiciones gravosas. Para ello se utilizan diferentes medidas de gesti\u00f3n tales como el</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2162 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">mantenimiento de facilidades crediticias comprometidas por importe y flexibilidad suficiente, la diversificaci\u00f3n de la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2163 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">cobertura de las necesidades de financiaci\u00f3n mediante el acceso a diferentes mercados y \u00e1reas geogr\u00e1ficas, y la</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2165 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.03pt\">diversificaci\u00f3n de los vencimientos de la deuda emitida</span><span class=\"f charStyle-982149e5 ps2164_1\" style=\"width:3.3pt\">.</span></div><div class=\"ps2168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.95pt\">El cuadro adjunto resume los vencimientos de los pasivos financieros del Grupo a </span><span class=\"f charStyle-f47c836a ps2166_1\" style=\"width:106.79pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2167_1\" style=\"width:53.85pt\">, basados en</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2170 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:150.22pt\">importes nominales por vencimiento:</span><span class=\"f charStyle-f47c836a ps2169_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2211_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:61.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss129_1\"><div><div class=\"ps476 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2171_1\">Menos de 3 </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2021\">meses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2175_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps15487\">3 a 12 meses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2177 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps583\">1 a 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2179 ss133_1\"><div><div class=\"ps476 ss132_1\"><span class=\"f charStyle-4ed8e3ec ps2178_1\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2181 ss134_1\"><div><div class=\"ps476 ss108\"><span class=\"f charStyle-4ed8e3ec ps1992\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2182 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2184 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2183_1\">52.500</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2185 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">27.631</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2187 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">136.888</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2188 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">783.909</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2190 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-f47c836a ps2189_1\">7.545</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2192 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">955.973</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2193 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">45.830</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2194 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">148.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2195 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">653.274</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2197 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-f47c836a ps2196_1\">1.519.014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2199 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2198_1\">2.366.150</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3734 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-28c2751e ps2200_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2202 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2661\">73.461</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2204_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1402\">284.920</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2206_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2205_1\">1.489.683</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2208_1 ss137_1\"><div><div class=\"ps482 ss132_1\"><span class=\"f charStyle-4ed8e3ec ps2207_1\">1.526.559</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2210_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps2198\">3.374.623</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2212 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La Compa\u00f1\u00eda considera que, dadas las pol\u00edticas de endeudamiento aplicadas, el cuadro de vencimiento de deuda, la situaci\u00f3n<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps2213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">de tesorer\u00eda, as\u00ed como las disponibilidades de p\u00f3lizas de cr\u00e9dito, y teniendo en cuenta el presupuesto del Grupo para el</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">ejercicio 2026 enmarcado en el nuevo Plan Estrat\u00e9gico, garantizan que el Grupo pueda hacer frente con solvencia a las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.6pt\">obligaciones adquiridas a 31 de diciembre de 2025.</span></div><div class=\"ps2216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:496.6pt\">El tipo medio de inter\u00e9s devengado por estos pasivos financieros durante el presente ejercicio es del 4,2%. En el ejercicio </span><span class=\"f charStyle-f47c836a ps2215\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2217_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.91pt\">fue del 5,56%. Se excluyen del c\u00e1lculo de este tipo de inter\u00e9s medio los tipos utilizados para los pasivos por arrendamiento.</span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Asimismo, la Compa\u00f1\u00eda tiene una pol\u00edtica de gesti\u00f3n activa para el mantenimiento de los plazos medios de vencimiento de la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.26pt\">deuda, as\u00ed como las renovaciones recurrentes de las p\u00f3lizas de cr\u00e9dito a corto y medio plazo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A\u00a0 efectos comparativos, se detallan los vencimientos a cierre de </span><span class=\"f charStyle-f47c836a ps2224\">2024</span><span class=\"f charStyle-f47c836a ps2225_1\">:\u00a0 </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td></tr><tr style=\"height:24pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss138_1\"><div><div class=\"ps1065_1 ss471\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2173 ss139_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2171_1\">Menos de 3 </span></div><div class=\"ps2226 ss130_1\"><span class=\"f charStyle-28c2751e ps2021\">meses</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2175_1 ss139_1\"><div><div class=\"ps1065_1 ss130_1\"><span class=\"f charStyle-28c2751e ps15487\">3 a 12 meses</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2177 ss139_1\"><div><div class=\"ps1065_1 ss130_1\"><span class=\"f charStyle-28c2751e ps583\">1 a 5 a\u00f1os</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2179 ss35\"><div><div class=\"ps1065_1 ss34\"><span class=\"f charStyle-28c2751e ps2227_1\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2229 ss142_1\"><div><div class=\"ps1065_1 ss492\"><span class=\"f charStyle-28c2751e ps2228_1\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2230 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">Bonos Simples</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2232 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">52.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2234 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps2233_1\">52.500</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps816 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2236 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">11.100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2237 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps2233_1\">11.100</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-8b2dbd07 ps267\">Pr\u00e9stamos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2238 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">19.623</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2239 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">86.539</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2241 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps9454\">765.301</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2243_1 ss146_1\"><div><div class=\"ps958 ss34\"><span class=\"f charStyle-934a7fa2 ps9374\">6.048</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2245 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps7006\">877.511</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3 ss143_1\"><div><div class=\"ps958 ss471\"><span class=\"f charStyle-8b2dbd07 ps267\">P\u00f3lizas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2248 ss144_1\"><div><div class=\"ps958 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2250 ss145_1\"><div><div class=\"ps958 ss492\"><span class=\"f charStyle-934a7fa2 ps9369\">828</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps613 ss147_1\"><div><div class=\"ps1102_1 ss471\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2252 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2231_1\">44.003</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2253 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps9454\">144.445</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2254 ss148_1\"><div><div class=\"ps1102_1 ss130_1\"><span class=\"f charStyle-f47c836a ps9454\">680.284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2256_1 ss149_1\"><div><div class=\"ps1102_1 ss34\"><span class=\"f charStyle-f47c836a ps2255_1\">1.581.932</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2258 ss150_1\"><div><div class=\"ps1102_1 ss492\"><span class=\"f charStyle-f47c836a ps2257\">2.450.664</span></div></div></div></td></tr><tr style=\"height:18.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss151_1\"><div><div class=\"ps2259 ss471\"><span class=\"f charStyle-28c2751e ps2200_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2261 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">74.726</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2262 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">230.984</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2263 ss152_1\"><div><div class=\"ps2259 ss130_1\"><span class=\"f charStyle-28c2751e ps2205_1\">1.498.913</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2265 ss153_1\"><div><div class=\"ps2259 ss34\"><span class=\"f charStyle-28c2751e ps2264_1\">1.587.980</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2267 ss154_1\"><div><div class=\"ps2259 ss492\"><span class=\"f charStyle-28c2751e ps2266_1\">3.392.603</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.58pt\">4.4.</span><span class=\"f charStyle-aa796863 ps2269_1\" style=\"width:2.28pt\"> </span><span class=\"f charStyle-aa796863 ps2270\" style=\"width:80.68pt\">Riesgo de precios</span></div><div class=\"ps2272_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El riesgo asociado a los precios de los consumibles del Grupo proviene fundamentalmente de las fluctuaciones en el coste y la</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2273 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">disponibilidad de los productos alimentarios y bebidas comercializados. Si bien el entorno ha estado condicionado por</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">episodios de volatilidad derivados del incremento de tensiones comerciales y de la aplicaci\u00f3n de determinadas medidas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2275 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">arancelarias, circunstancias que han generado incertidumbre sobre la evoluci\u00f3n de las cadenas globales de suministro y sobre</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2276 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">las presiones inflacionarias, el Grupo no mantiene una exposici\u00f3n directa que pudiera afectar de forma significativa a su</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2277 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:85.27pt\">estructura de costes.</span></div><div class=\"ps2278 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">No obstante, cambios adicionales en las pol\u00edticas comerciales o incrementos generalizados de aranceles podr\u00edan alterar el</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">funcionamiento de las cadenas de suministro globales, generando impactos potencialmente adversos, si bien su probabilidad es</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">reducida y su magnitud dif\u00edcil de anticipar. Durante el ejercicio, el Grupo ha llevado a cabo un seguimiento continuo de la</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2281_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.23pt\">situaci\u00f3n, conforme a los protocolos establecidos.</span></div><div class=\"ps2282_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los administradores consideran que las variaciones en los precios no son significativas y, en la medida en que se producen, se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2283_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">trasladan a los precios de venta de los productos. En consecuencia, el Grupo no suscribe operaciones de cobertura espec\u00edficas</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:113.43pt\">frente a este tipo de riesgo.</span></div><div class=\"ps2285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Asimismo, el Grupo est\u00e1 expuesto a riesgos de precio del patrimonio neto de inversiones financieras en instrumentos de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">patrimonio. Las inversiones en instrumentos de patrimonio en entidades no cotizadas se desglosan en la Nota 13 y son</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">mantenidas por motivos estrat\u00e9gicos y no con la finalidad de negociar con ellas, y est\u00e1n principalmente enfocadas a entidades</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2288 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">con activos hoteleros en propiedad. Dado el reducido porcentaje de participaci\u00f3n en las mismas, en caso de variaciones no</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps2289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">superiores al 10% en el valor razonable de los activos de las entidades en las que el Grupo dispone de instrumentos de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">patrimonio sin poseer influencia significativa no afectar\u00edan de forma significativa al valor en libros de dichas inversiones en el</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2292_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.86pt\">Balance consolidado.</span><span class=\"f charStyle-f47c836a ps2291\" style=\"width:2.71pt\"> </span></div><div class=\"ps2293_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.54pt\">Por su parte, el Grupo no dispone de inversiones relevantes en instrumentos de patrimonio de entidades cotizadas.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-508": {
   "value": "<div class=\"ps2295_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.13pt\">4.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2294\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.13pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:79.69pt\">Riesgo de cr\u00e9dito</span></div><div class=\"ps2296_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El riesgo de cr\u00e9dito derivado del fallo de una contraparte (cliente, proveedor o entidad financiera) est\u00e1 atenuado por las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2297_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">pol\u00edticas seguidas por el Grupo en cuanto a diversificaci\u00f3n de la cartera de clientes, mercados emisores, la vigilancia de</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2298_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">concentraciones y un control exhaustivo de la deuda en todo momento. Adicionalmente, en algunos casos el Grupo utiliza</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2299_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:425.64pt\">otras operaciones financieras que permiten reducir el riesgo de cr\u00e9dito como son las cesiones de cr\u00e9dito.</span></div><div class=\"ps2300_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Los plazos de cr\u00e9dito a clientes concedidos por el Grupo oscilan entre 21 y 90 d\u00edas, siendo el periodo medio de cobro de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2305_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:47.98pt\">cr\u00e9ditos en </span><span class=\"f charStyle-f47c836a ps2301\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2302_1\" style=\"width:136.03pt\"> de 29,26 d\u00edas y de 34,73 d\u00edas en </span><span class=\"f charStyle-f47c836a ps2303_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2304\" style=\"width:293.73pt\">. El desglose de los saldos de clientes por antig\u00fcedad se encuentra en la</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps2306_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.28pt\">Nota 14.2.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-509": {
   "value": "<div class=\"ps2308_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.57pt\">4.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2307\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.69pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.62pt\">Riesgos medioambientales</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-510": {
   "value": "<div class=\"ps1812 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">4.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Riesgos geopol\u00edticos</span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">A lo largo de 2025, el Grupo ha continuado desarrollando su actividad en un entorno internacional marcado por tensiones</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">geopol\u00edticas y cierta incertidumbre macroecon\u00f3mica. Los conflictos en Ucrania y Oriente Medio se han mantenido sin una</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1153_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">resoluci\u00f3n definitiva, en un contexto de persistencia de focos de tensi\u00f3n en el mundo. Adicionalmente el incremento de las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1155_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">tensiones comerciales y arancelarias tras las medidas impuestas desde Estados Unidos han significado un cambio en las</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.94pt\">relaciones comerciales establecida durante a\u00f1os.</span><span class=\"f charStyle-f47c836a ps2323_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Por otro lado, durante el ejercicio se ha mantenido un entorno complejo referente a las operaciones desarrolladas en Cuba. El</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1736 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">escenario geopol\u00edtico y macroecon\u00f3mico sigue siendo de una elevada incertidumbre, marcada por restricciones energ\u00e9ticas,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1737_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">limitaciones en la cadena de suministros y la volatilidad en la conectividad a\u00e9rea internacional, que se ha visto negativamente</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1864 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">afectada. En este sentido, la Compa\u00f1\u00eda ha reforzado sus capacidades operativas y de abastecimiento, asegurando el cuidado y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1865 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">experiencia de nuestros hu\u00e9spedes, teniendo en cuenta la situaci\u00f3n .La capacidad de abastecimiento energ\u00e9tico aut\u00f3nomo y</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">las medidas preventivas tomadas han neutralizado cualquier riesgo que pudiera derivarse por cortes en el suministro</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">energ\u00e9tico o en el abastecimiento. El Grupo mantiene una monitorizaci\u00f3n constante de la situaci\u00f3n y ha desarrollado un</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:406.24pt\">conjunto de medidas preventivas para minimizar cualquier tipo de impacto derivado de la situaci\u00f3n.</span></div><div class=\"ps1629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Durante el ejercicio, estos factores no han tenido un impacto significativo en las reservas ni en la operativa del Grupo, al no</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">ser material su exposici\u00f3n en las \u00e1reas afectadas, limit\u00e1ndose su efecto al reconocimiento de una p\u00e9rdida por deterioro de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">14,6 millones de euros correspondiente a determinadas inversiones financieras (ver Notas 12 y 13.1), tras la actualizaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">su importe recuperable al cierre del ejercicio. Asimismo, el riesgo de contagio a otras regiones clave para la actividad tur\u00edstica</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1179 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:441.14pt\">se ha mantenido contenido, permitiendo que la evoluci\u00f3n del negocio se desarrollara conforme a lo previsto.</span></div><div class=\"ps1634_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">No obstante, el entorno ha estado condicionado por episodios de volatilidad asociados al incremento de tensiones comerciales</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">y a la aplicaci\u00f3n de medidas arancelarias anteriormente mencionadas, lo que ha generado incertidumbre sobre la evoluci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2325 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">las cadenas globales de suministro y las presiones inflacionarias. Aunque el Grupo no tiene una exposici\u00f3n directa que pudiera</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">impactar en la estructura de costes de forma significativa, los cambios en las pol\u00edticas comerciales y el incremento de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2327 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">aranceles de forma generalizada podr\u00eda afectar a las cadenas de suministro global, generando impactos potencialmente</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2328 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">perjudiciales que aunque remotos son dif\u00edciles de prever. Durante el ejercicio, el Grupo ha realizado un seguimiento de la</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2329 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:233.18pt\">situaci\u00f3n, siguiendo los protocolos establecidos al efecto.</span></div><div class=\"ps2332 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:14.87pt\">4.8</span><span class=\"f charStyle-aa796863 ps2330_1\" style=\"width:5.23pt\">. </span><span class=\"f charStyle-aa796863 ps2331_1\" style=\"width:134.45pt\">Pol\u00edtica de gesti\u00f3n del capital</span></div><div class=\"ps1973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Los principales objetivos de la gesti\u00f3n de capital del Grupo son asegurar la estabilidad financiera a corto y largo plazo,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">garantizar la liquidez necesaria para la operativa corriente y las inversiones, la positiva evoluci\u00f3n del valor de las acciones de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2333 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.76pt\">Meli\u00e1 Hotels International S.A. y una adecuada remuneraci\u00f3n de los accionistas v\u00eda dividendo.</span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La situaci\u00f3n financiera est\u00e1 tambi\u00e9n respaldada por el s\u00f3lido apoyo de los bancos y la base de activos de la Compa\u00f1\u00eda.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">Actualmente, el 13,5% (15% al cierre del 2024) del total de la deuda </span><span class=\"f charStyle-f47c836a ps2334\" style=\"width:226.8pt\">corresponde a pr\u00e9stamos hipotecarios garantizados por</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:70.44pt\">activos del Grupo</span><span class=\"f charStyle-f47c836a ps2335\" style=\"width:3.3pt\">.</span></div><div class=\"ps2338_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:14.62pt\">4.9</span><span class=\"f charStyle-58d8bcbe ps2336\" style=\"width:2.77pt\"> </span><span class=\"f charStyle-aa796863 ps8282\" style=\"width:149.94pt\">Estimaciones de valor razonable</span></div><div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El valor razonable se define como el importe que puede ser recibido por vender un activo, o pagado por transferir un pasivo,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1928 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:352.32pt\">en una transacci\u00f3n ordenada entre participantes del mercado en la fecha de medici\u00f3n.</span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En cuanto a los activos y pasivos registrados a valor razonable en el Balance consolidado, se han definido los siguientes niveles</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2340_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:335.34pt\">de jerarqu\u00eda seg\u00fan las variables utilizadas en las diferentes t\u00e9cnicas de valoraci\u00f3n:</span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.83pt\">Nivel 1: Basada en precios cotizados en mercados activos</span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.33pt\">Nivel 2: Basada en otras variables observables en el mercado, de forma directa o indirecta</span></div><div class=\"ps1931 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.76pt\">Nivel 3: Basada en variables no observables en el mercad</span><span class=\"f charStyle-f47c836a ps2341\" style=\"width:8.12pt\">o.</span><span class=\"f charStyle-f47c836a ps2342\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.7pt\">Los importes contabilizados a valor razonable a </span><span class=\"f charStyle-f47c836a ps2343\" style=\"width:107.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2344\" style=\"width:199.33pt\"> seg\u00fan los niveles de jerarqu\u00eda se desglosan a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.88pt\">continuaci\u00f3n:</span></div><div class=\"ps2392 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss161_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:233.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss156_1\"><div><div class=\"ps2226 ss155_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2347_1 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2349 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2350_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2351 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2353 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3516 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2355 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2356 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps667_1 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2359_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2360_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6862 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2363_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2365_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">7.870</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3699 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14416 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2368_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2247_1\">621</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps436 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2371_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2372_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2373\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2376_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2377_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2379_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">214.978</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2380_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">216.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps292 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8419 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2381_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2382_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3579 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2383_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2384 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4060 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2385_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2387 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2389 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">2.375</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2390 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11048\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2391 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2393 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 1 se corresponden con instrumentos de patrimonio de empresas cotizadas,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">que son valorados a trav\u00e9s de precios observables en mercados activos.</span></div><div class=\"ps2395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 2 comprenden derivados financieros de tipo swap de tipos de inter\u00e9s y son</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2396_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">valorados por entidades financieras y expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n, principalmente por descuento</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2397_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.77pt\">de flujos de caja, basadas en datos observables en el mercado.</span></div><div class=\"ps2398_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las inversiones inmobiliarias incluidas en el nivel 3 son valoradas mediante t\u00e9cnicas de descuento de flujos de caja soportadas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2399 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">por estudios de expertos independientes y actualizaciones internas de las mismas. Tal como se indica en la Nota 11, se</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2400_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">incluyen en este ep\u00edgrafe inversiones realizadas por el Grupo para obtener rentas de alquiler o plusval\u00edas, en las que se</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">incluyen participaciones en apartamentos de tres comunidades de propietarios en Espa\u00f1a, un centro comercial en Am\u00e9rica y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2402_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">otros terrenos e inmuebles en Espa\u00f1a. Para la estimaci\u00f3n de los flujos de caja futuros se toman en cuenta tasas de crecimiento</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2403_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">esperadas, tanto de los precios de alquiler como de las explotaciones hoteleras, seg\u00fan sea el caso, as\u00ed como otras variables no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2404_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.62pt\">observables directamente.</span></div><div class=\"ps2405_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los activos y pasivos por derivados en cartera de negociaci\u00f3n incluidos en el Nivel 3 comprende a una opci\u00f3n de compra y a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2406_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">una de venta (esta \u00faltima embebida en un derecho de arrastre concedido) sobre participaciones en empresas propietarias de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2407_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hoteles gestionados por el Grupo. Para el c\u00e1lculo del valor de estos derivados, el Grupo se apoya en informes de experto</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2408_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.91pt\">independiente, ya sean sobre el valor del activo subyacente, o sobre el propio valor de las participaciones.</span></div><div class=\"ps2409_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:515.52pt\"><span style=\"background-color:inherit\">Finalmente, los Instrumentos de patrimonio no cotizados incluidos en el nivel 3 comprenden mayoritariamente participaciones</span></span><span class=\"f charStyle-5af4d000 ps1365_1\" style=\"width:2.71pt\"><span style=\"background-color:inherit\"> </span></span></div><div class=\"ps2411 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:351.39pt\"><span style=\"background-color:inherit\">minoritarias en sociedades propietarias de hoteles gestionados por el Grupo, las cuales</span></span><span class=\"f charStyle-f47c836a ps2410\" style=\"width:114.67pt\"> se detallan en la Nota 13.1.</span></div><div class=\"ps2412_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A efectos comparativos, se muestra, a continuaci\u00f3n, los saldos contabilizados en las diferentes jerarqu\u00edas de valoraci\u00f3n, a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2416_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.91pt\">cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps2413\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2414\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2415\" style=\"width:10.84pt\">\u00a0 \u00a0 </span></div><div class=\"ps2460 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:242.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss163_1\"><div><div class=\"ps2226 ss162_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11860 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2419_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2420 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2421 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3516 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2422 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2423 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11292 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps825 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2426 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2427_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7158 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2429_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">61</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2430_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.325</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2431_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.386</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1507 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2433_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2434_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss167_1\"><div><div class=\"ps2435_1 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2436_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2437_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15895 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2438\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2441 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2442 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2443 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">205.399</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2444 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">206.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2445 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9403 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2449 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2450_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps14778 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2452 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2453_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">9.200</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4922 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2454_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2456 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2457_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps14672\">3.667</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2458 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2459_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3953_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:42.77pt\">Valoraci\u00f3n</span><span class=\"f charStyle-8dfb1947 ps3951\" style=\"width:43.49pt\"> de activos</span><span class=\"f charStyle-8dfb1947 ps3952\" style=\"width:2.71pt\"> </span></div><div class=\"ps3954_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Tal y como se comenta en la Nota 3.2, la Compa\u00f1\u00eda obtiene de forma peri\u00f3dica valoraciones realizadas por expertos</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3955_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">independientes. En este sentido, el Grupo ha obtenido en 2025 tasaciones de determinados activos en propiedad, y ha</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3956_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">considerado para su porfolio de activos la evoluci\u00f3n del valor recuperable de los mismos en comparaci\u00f3n con los valores</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3958_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:250.29pt\">recogidos en las tasaciones obtenidas en el ejercicio anterior.</span><span class=\"f charStyle-f47c836a ps3957\" style=\"width:2.71pt\"> </span></div><div class=\"ps3026 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Meli\u00e1 Hotels International, S.A. encarg\u00f3 en el ejercicio 2024 la valoraci\u00f3n de los activos en propiedad de su Grupo, con fecha</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de valoraci\u00f3n 31 de diciembre de 2024. Dichos activos fueron valorados por la firma mundial especializada en servicios de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3029_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">inversi\u00f3n y consultor\u00eda hotelera CBRE Valuation Advisory, S.A., conforme a los est\u00e1ndares globales RICS (Royal Institution of</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3959_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Chartered Surveyors) vigentes a la fecha de valoraci\u00f3n. La valoraci\u00f3n de dichos activos a 31 de diciembre de 2024 alcanz\u00f3 los</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3960_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">4,7 mil millones de euros, a los que se a\u00f1adieron otros 561 millones por la participaci\u00f3n de la Compa\u00f1\u00eda en otros activos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3962_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.72pt\">mantenidos en entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps8052\" style=\"width:2.71pt\"> </span></div><div class=\"ps3963_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">A cierre del presente ejercicio no se han detectado diferencias significativas con respecto a los valores de los activos valorados</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.7pt\">en el ejercicio 2024, a excepci\u00f3n del deterioro registrado asociado a un centro hotelero en el Reino Unido.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-511": {
   "value": "<div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El valor razonable se define como el importe que puede ser recibido por vender un activo, o pagado por transferir un pasivo,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1928 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:352.32pt\">en una transacci\u00f3n ordenada entre participantes del mercado en la fecha de medici\u00f3n.</span></div><div class=\"ps1901_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En cuanto a los activos y pasivos registrados a valor razonable en el Balance consolidado, se han definido los siguientes niveles</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2340_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:335.34pt\">de jerarqu\u00eda seg\u00fan las variables utilizadas en las diferentes t\u00e9cnicas de valoraci\u00f3n:</span></div><div class=\"ps1903_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.83pt\">Nivel 1: Basada en precios cotizados en mercados activos</span></div><div class=\"ps1930 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.33pt\">Nivel 2: Basada en otras variables observables en el mercado, de forma directa o indirecta</span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:230.76pt\">Nivel 3: Basada en variables no observables en el mercad</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-512": {
   "value": "<div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.7pt\">Los importes contabilizados a valor razonable a </span><span class=\"f charStyle-f47c836a ps2343\" style=\"width:107.59pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2344\" style=\"width:199.33pt\"> seg\u00fan los niveles de jerarqu\u00eda se desglosan a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:54.88pt\">continuaci\u00f3n:</span></div><div class=\"ps2392 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss161_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:233.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss156_1\"><div><div class=\"ps2226 ss155_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2347_1 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2349 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2350_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2351 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2353 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3516 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2355 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2356 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">169.027</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps667_1 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2359_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2360_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">770</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6862 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2363_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2365_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">7.870</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3699 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14416 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2247_1\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2368_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2247_1\">621</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps436 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2371_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2372_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2231_1\">38.081</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11469 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2373\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2376_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2377_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2379_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">214.978</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2380_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">216.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps292 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8419 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2381_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2382_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3579 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2383_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2384 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2362\">7.850</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4060 ss159_1\"><div><div class=\"ps482 ss155_1\"><span class=\"f charStyle-28c2751e ps2385_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2387 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2389 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">2.375</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2390 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11048\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2391 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2393 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 1 se corresponden con instrumentos de patrimonio de empresas cotizadas,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:288.71pt\">que son valorados a trav\u00e9s de precios observables en mercados activos.</span></div><div class=\"ps2395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Los instrumentos financieros incluidos en el nivel 2 comprenden derivados financieros de tipo swap de tipos de inter\u00e9s y son</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2396_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">valorados por entidades financieras y expertos independientes mediante t\u00e9cnicas de valoraci\u00f3n, principalmente por descuento</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2397_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.77pt\">de flujos de caja, basadas en datos observables en el mercado.</span></div><div class=\"ps2398_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las inversiones inmobiliarias incluidas en el nivel 3 son valoradas mediante t\u00e9cnicas de descuento de flujos de caja soportadas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2399 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">por estudios de expertos independientes y actualizaciones internas de las mismas. Tal como se indica en la Nota 11, se</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2400_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">incluyen en este ep\u00edgrafe inversiones realizadas por el Grupo para obtener rentas de alquiler o plusval\u00edas, en las que se</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">incluyen participaciones en apartamentos de tres comunidades de propietarios en Espa\u00f1a, un centro comercial en Am\u00e9rica y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2402_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">otros terrenos e inmuebles en Espa\u00f1a. Para la estimaci\u00f3n de los flujos de caja futuros se toman en cuenta tasas de crecimiento</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2403_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">esperadas, tanto de los precios de alquiler como de las explotaciones hoteleras, seg\u00fan sea el caso, as\u00ed como otras variables no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2404_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.62pt\">observables directamente.</span></div><div class=\"ps2405_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los activos y pasivos por derivados en cartera de negociaci\u00f3n incluidos en el Nivel 3 comprende a una opci\u00f3n de compra y a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2406_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">una de venta (esta \u00faltima embebida en un derecho de arrastre concedido) sobre participaciones en empresas propietarias de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2407_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">hoteles gestionados por el Grupo. Para el c\u00e1lculo del valor de estos derivados, el Grupo se apoya en informes de experto</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2408_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.91pt\">independiente, ya sean sobre el valor del activo subyacente, o sobre el propio valor de las participaciones.</span></div><div class=\"ps2409_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:515.52pt\"><span style=\"background-color:inherit\">Finalmente, los Instrumentos de patrimonio no cotizados incluidos en el nivel 3 comprenden mayoritariamente participaciones</span></span><span class=\"f charStyle-5af4d000 ps1365_1\" style=\"width:2.71pt\"><span style=\"background-color:inherit\"> </span></span></div><div class=\"ps2411 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-5af4d000 ps12591\" style=\"width:351.39pt\"><span style=\"background-color:inherit\">minoritarias en sociedades propietarias de hoteles gestionados por el Grupo, las cuales</span></span><span class=\"f charStyle-f47c836a ps2410\" style=\"width:114.67pt\"> se detallan en la Nota 13.1.</span></div><div class=\"ps2412_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A efectos comparativos, se muestra, a continuaci\u00f3n, los saldos contabilizados en las diferentes jerarqu\u00edas de valoraci\u00f3n, a</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2416_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.91pt\">cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps2413\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2414\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps2415\" style=\"width:10.84pt\">\u00a0 \u00a0 </span></div><div class=\"ps2460 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:242.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss163_1\"><div><div class=\"ps2226 ss162_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"7\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss158_1\"><div><div class=\"ps482 ss124\"><span class=\"f charStyle-4ed8e3ec ps15912\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11860 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2419_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2420 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1406\">Nivel 3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2421 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3516 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones inmobiliarias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2422 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2423 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">156.832</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11292 ss164_1\"><div><div class=\"ps964 ss162_1\"><span class=\"f charStyle-f47c836a ps267\">Activos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps825 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2426 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2427_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7158 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2429_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">61</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2430_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.325</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2431_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">25.386</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1507 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2433_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2434_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">310</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5927 ss167_1\"><div><div class=\"ps2435_1 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Instrumentos de patrimonio no cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2436_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2437_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">23.242</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15895 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2438\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2441 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2442 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps889\">660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2443 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">205.399</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2444 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps1402\">206.369</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2445 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos financieros a valor razonable:</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9403 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2449 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2450_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps14778 ss166_1\"><div><div class=\"ps482 ss162_1\"><span class=\"f charStyle-f47c836a ps276\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2452 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps2453_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-6f9b64c7 ps14672\">9.200</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4922 ss166_1\"><div><div class=\"ps2107_1 ss162_1\"><span class=\"f charStyle-cf804784 ps2454_1\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2456 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps2147\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2457_1 ss136_1\"><div><div class=\"ps2107_1 ss130_1\"><span class=\"f charStyle-cf804784 ps14672\">3.667</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2458 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps11048\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2459_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2661\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-513": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_37\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 5.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2461\"><span style=\"display:inline-block;height:11.34pt;width:9.06pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps2027_1\">Per\u00edmetro de Consolidaci\u00f3n</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las sociedades que forman el Grupo presentan cuentas anuales individuales de acuerdo con la normativa que les aplica de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:139.31pt\">acuerdo con el pa\u00eds donde operan.</span></div><div class=\"ps2464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.21pt\">El detalle de las sociedades pertenecientes al per\u00edmetro de consolidaci\u00f3n al </span><span class=\"f charStyle-f47c836a ps2462_1\" style=\"width:99.71pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps2463\" style=\"width:104.65pt\"> se muestra en el Anexo 1</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2466 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:378.8pt\">y Anexo 2, clasificadas en entidades dependientes, entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps2465_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2467_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">La sociedad Meli\u00e1 Brasil Administra\u00e7ao, cuyo objeto social es la gesti\u00f3n de establecimientos hoteleros, explota varios hoteles</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2468 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">en r\u00e9gimen de gesti\u00f3n. Dado que los establecimientos en gesti\u00f3n son propiedades en condominio y no tienen entidad jur\u00eddica</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">para realizar la actividad de explotaci\u00f3n, Meli\u00e1 Brasil Administra\u00e7ao ha tenido que asumir la explotaci\u00f3n de dichos hoteles por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2470 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">cuenta de los titulares del condominio, dadas las exigencias de la normativa local. No se incluyen en la Cuenta de p\u00e9rdidas y</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">ganancias consolidada los ingresos y gastos derivados de la explotaci\u00f3n de estos establecimientos, sino tan solo los ingresos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:418.46pt\">provenientes de la gesti\u00f3n, ya que los riesgos y retornos de los mismos se reintegran a los condominios.</span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La sociedad tunecina Tryp Mediterranee, participada en un 85,4% por Meli\u00e1 Hotels International, S.A., se encuentra en proceso</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de disoluci\u00f3n, no incluy\u00e9ndose en el per\u00edmetro de consolidaci\u00f3n del Grupo al no ejercer \u00e9ste actualmente ning\u00fan tipo de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.89pt\">control ni influencia significativa en la misma durante este proceso.</span></div><div class=\"ps1709 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El Grupo tiene una participaci\u00f3n del 19,94% en las sociedades venezolanas El Recreo Plaza C.A. y El Recreo Plaza &amp; Cia. C.A. a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1233_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">trav\u00e9s de la participaci\u00f3n directa del 20% de su holding filial MIA Exhol, S.A. Por tanto, se aplica el m\u00e9todo de la participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1235_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:189.69pt\">ya que el Grupo ejerce influencia significativa.</span></div><div class=\"ps2472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las sociedades Ayosa Hoteles S.L., S\u2019Argamassa Hotelera, S.L. y Meli\u00e1 Hotels Orlando, LLC. son sociedades que consolidan por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">el m\u00e9todo de integraci\u00f3n global, a pesar de mantener \u00fanicamente el 50% de los derechos de voto o menos. Esto es debido a</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">que el Grupo considera que tiene la capacidad de controlar los rendimientos variables de dichas entidades a trav\u00e9s de los</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:218.49pt\">contratos de gesti\u00f3n hotelera que mantiene con ellas.</span></div><div class=\"ps2474 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:15.69pt\">5.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2473_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:5.57pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.04pt\">Combinaciones de negocio</span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Con fecha 31 de mayo de 2025 la sociedad matriz del Grupo ha adquirido el 50% adicional de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">pasando a consolidarse esta sociedad por integraci\u00f3n global desde esa fecha. Dicha sociedad posee los derechos de explotaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">de un parque tur\u00edstico complementario a la actividad hotelera. El impacto derivado de dicha integraci\u00f3n en la cuenta de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2476 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.8pt\">resultados ha sido de 9,1 millones de euros positivos, recogido dentro de Otros resultados financieros.</span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Con fecha 15 de julio de 2025 la sociedad matriz del grupo Victoria Hotels &amp; Resorts (sociedad en la que el Grupo mantiene</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">una participaci\u00f3n del 7,5%) ha adquirido a un 50% de la sociedad Crisalian, S.L., sociedad propietaria y explotadora de un hotel</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">en Canarias. Fruto de esta operaci\u00f3n, esta sociedad pasa a consolidarse por el m\u00e9todo de integraci\u00f3n global. La operaci\u00f3n ha</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">dado lugar al reconocimiento de un fondo de comercio de 1,7 millones de euros y de unas reservas de participaciones no</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">dominantes de 32,2 millones de euros. La operaci\u00f3n ha generado un impacto positivo en la cuenta de resultados por importe</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:332.39pt\">de 0,7 millones de euros, registrado en el ep\u00edgrafe \u201cOtros resultados financieros\u201d.</span><span class=\"f charStyle-f47c836a ps2478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Por otro lado, durante 2025 la sociedad dependiente Ayosa Hoteles, S.L. ha adquirido por 2 millones de euros el 100% de las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">participaciones de Kimel MCA., S.L.U., para, posteriormente, absorberla mediante el m\u00e9todo de fusi\u00f3n impropia. Fruto de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1194 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">dicha operaci\u00f3n, la sociedad Kimel MCA., S.L.U., que previamente se consolidaba por el m\u00e9todo de la participaci\u00f3n, ha</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1195_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">causado baja en el per\u00edmetro de consolidaci\u00f3n, elimin\u00e1ndose la participaci\u00f3n por puesta en equivalencia sobre dicha sociedad</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2479_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">por 1,1 millones de euros (englobada dentro de la participaci\u00f3n en Evertmel, S.L.), con un impacto positivo neto de 0,1</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1926 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.41pt\">millones de euros en la cuenta de p\u00e9rdidas y ganancias.</span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En octubre de 2025 el Grupo ha adquirido por 0,4 millones de euros el 100% de las participaciones de Explotaciones Rosotel,</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.13pt\">S.L.U., sociedad arrendataria de cinco hoteles situados en territorio espa\u00f1ol y un sexto ubicado en el Principado de Andorra.</span><span class=\"f charStyle-f47c836a ps2480_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:271.45pt\">Los impactos de la integraci\u00f3n de las sociedades son los siguientes:</span></div><div class=\"ps2529 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:84.75pt\"></td><td style=\"padding:0;width:87pt\"></td><td style=\"padding:0;width:89.25pt\"></td><td style=\"padding:0;width:86.25pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss170_1\"><div><div class=\"ps2481_1 ss169_1\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2483_1 ss172_1\"><div><div class=\"ps2481_1 ss253\"><span class=\"f charStyle-28c2751e ps1792\">Crisalian, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2485 ss174_1\"><div><div class=\"ps2481_1 ss173_1\"><span class=\"f charStyle-28c2751e ps6037\">Kimel MCA, S.L.U,</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490_1 ss176_1\"><div><div class=\"ps2487 ss175_1\"><span class=\"f charStyle-28c2751e ps2486\">Explotaciones </span></div><div class=\"ps2489 ss175_1\"><span class=\"f charStyle-28c2751e ps2488\">Rosotel, S.L.U.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2493_1 ss178_1\"><div><div class=\"ps2487 ss177_1\"><span class=\"f charStyle-28c2751e ps1853\">Sierra Parima, </span></div><div class=\"ps2489 ss177_1\"><span class=\"f charStyle-28c2751e ps835\">S.A.S.</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"5\" style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps650 ss179_1\"><div><div class=\"ps958 ss121_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Balance</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activo no corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps877\">80.744</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2497_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">1.850</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2499_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2498_1\">1.158</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2501_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps2500_1\">15.695</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11591 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1436\">972</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2503 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.740</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2505 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps1929\">757</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2506_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">2.581</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8018 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivo no corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2508_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.624</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2510 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2509\">14</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2512 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2511\">0</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2513_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">5.104</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2514 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">4.491</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2515_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.364</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2516_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2498_1\">1.536</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2517 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">4.339</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"5\" style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps722 ss179_1\"><div><div class=\"ps958 ss121_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Cuenta de resultado</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15773 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado desde integraci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2519 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.262</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2520_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">1.759</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2522_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps14947\">(783)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2524_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps14926\">(3.823)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3546 ss185_1\"><div><div class=\"ps482 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado ejercicio completo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2525 ss615\"><div><div class=\"ps482 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.251</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2526_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.134</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2527 ss188_1\"><div><div class=\"ps482 ss175_1\"><span class=\"f charStyle-934a7fa2 ps14947\">(292)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2528_1 ss189_1\"><div><div class=\"ps482 ss177_1\"><span class=\"f charStyle-934a7fa2 ps14926\">(5.663)</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:186.23pt\"> no se produjeron combinaciones de negocios.</span></div><div class=\"ps2535_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.92pt\">5.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1549\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.34pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:144pt\">Otras variaciones de per\u00edmetro</span></div><div class=\"ps2031 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.11pt\">Durante el ejercicio </span><span class=\"f charStyle-f47c836a ps2536\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2537\" style=\"width:306.82pt\"> se han producido las siguientes variaciones del per\u00edmetro de consolidaci\u00f3n:</span></div><div class=\"ps2467_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:20.5pt\">Altas</span></div><div class=\"ps2538_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En el mes de abril se ha constituido la sociedad Meli\u00e1 Hotels International for Hotel Services LLC. participada por el Grupo en</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2539_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.54pt\">un 100%. Su objeto social es la gesti\u00f3n hotelera de establecimientos ubicados en Arabia Saud\u00ed.</span></div><div class=\"ps2540 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Por otra parte, se ha constituido la sociedad Hotelbetriebshorizonte Tramuntana GMBH en Alemania. Dicha sociedad es la</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2541 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">arrendataria de un establecimiento hotelero situado en Alemania que ya venia siendo arrendado a trav\u00e9s de otra sociedad del</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1625_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span><span class=\"f charStyle-f47c836a ps2542_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2543 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Asimismo, el Grupo ha adquirido el 100% de las participaciones de la sociedad argentina Hospitality Group Sudam\u00e9rica, S.A.,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2544 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">integr\u00e1ndola por el m\u00e9todo de integraci\u00f3n global. Esta sociedad es la tenedora del 33,33% de las participaciones de otra</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2545 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:344.22pt\">sociedad adquirida en Argentina, Hotel Arroyo, S.A., comentada en esta misma nota.</span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el segundo semestre de 2025, adem\u00e1s, se ha constituido en Tailandia la sociedad Meli\u00e1 Siam Co. Ltd., derivada del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">compromiso comercial alcanzado con la entidad propietaria de los hoteles que el Grupo gestiona en la zona. La sociedad tiene</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:268.34pt\">por objeto la gesti\u00f3n y administraci\u00f3n de dichos establecimientos.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:415.27pt\">Estas operaciones no han supuesto impactos relevantes en las cuentas anuales consolidadas del Grupo.</span></div><div class=\"ps1175_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Bajas</span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Durante el ejercicio 2025 se ha procedido la baja por venta de la sociedad Soici Nefsol, S.L.U., participada al 100% por Meli\u00e1 </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Hotels International, S.A. Por otra parte, se ha producido la disoluci\u00f3n de las sociedades Aparthotel Bosque, S.A. y\u00a0 Sol Meli\u00e1 </span></div><div class=\"ps1681_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Greece Hotels and Touristic Enterprises, S.A., ambas con una participaci\u00f3n en el Grupo consolidado del 100%.</span></div><div class=\"ps1635_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Por otro lado, la sociedad Willet, S.L.U. se ha fusionado en 2025 con la sociedad Hotelpoint, S.L., ambas sociedades integradas </span></div><div class=\"ps1636_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">en el per\u00edmetro consolidado mediante el m\u00e9todo de integraci\u00f3n global. Asimismo, las sociedades Mongamenda, S.L.U. y </span></div><div class=\"ps1637_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Jamaica Devco, S.L., que ven\u00edan integr\u00e1ndose por el m\u00e9todo de puesta en equivalencia, han sido fusionadas en 2025 con </span></div><div class=\"ps1638_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Evertmel, S.L., que igualmente consolida mediante dicho m\u00e9todo. </span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Estas operaciones no han tenido impactos significativos para el Grupo.</span></div><div class=\"ps2548 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:345.14pt\">Variaci\u00f3n de participaci\u00f3n en entidades integradas por el m\u00e9todo de la participaci\u00f3n</span><span class=\"f charStyle-8dfb1947 ps2547\" style=\"width:2.71pt\"> </span></div><div class=\"ps2549 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el ejercicio 2025 el Grupo ha adquirido el 50% adicional de la sociedad Fourth Projects 2012, S.L., propietaria de un</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1975 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">hotel en Baleares, mediante la ejecuci\u00f3n de una opci\u00f3n de compra que ya estaba registrada en los estados financieros</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">consolidados a 31 de diciembre de 2024 para, posteriormente, permutarlo por una participaci\u00f3n minoritaria del 15,17% en la</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">sociedad TCME Hospitality and Leisure, S.L., propietaria indirectamente de un hotel en Catalu\u00f1a, operado por el Grupo bajo</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1264 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">un contrato de gesti\u00f3n. Fruto de esta operaci\u00f3n se ha mantenido una participaci\u00f3n del 50% sobre Fourth Project 2012, S.L</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1976 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">(modific\u00e1ndose los porcentajes de participaci\u00f3n directa e indirecta) y ha aflorado una participaci\u00f3n minoritaria de 15,9</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2551_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:312.78pt\">millones de euros en el ep\u00edgrafe de Instrumentos de patrimonio no cotizados.</span><span class=\"f charStyle-f47c836a ps2550\" style=\"width:2.71pt\"> </span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:333.09pt\">Con fecha 30 de mayo de 2025 el Grupo ha adquirido por 21,2 millones de euros </span><span class=\"f charStyle-f47c836a ps2552\" style=\"width:182.32pt\"> el 30% de las participaciones de la sociedad</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Tertian XXI, S.L. (previamente participada al 100% por la sociedad asociada Producciones de Parques, S.L.), quien, a su vez, ha</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">adquirido el 100% de las participaciones de la sociedad Lierinto, S.L.U., incorpor\u00e1ndose esta sociedad en el consolidado del</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Grupo Meli\u00e1 por el m\u00e9todo de la participaci\u00f3n. Estas dos sociedades son propietarias de dos hoteles en Espa\u00f1a los cuales son</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:322.02pt\">explotados por el Grupo bajo r\u00e9gimen de arrendamiento desde el mes de junio.</span></div><div class=\"ps1613_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Adem\u00e1s, se ha incorporado al per\u00edmetro de consolidaci\u00f3n la sociedad Hotel Arroyo S.A., participada en un 33% por la sociedad</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps1614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Hospitality Group Sudamerica, S.A., e\u00a0 integrada por el m\u00e9todo de puesta en equivalencia. Esta sociedad tiene como objeto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1615_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:233.29pt\">social el arrendamiento de un hotel situado en Argentina.</span></div><div class=\"ps1656_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo ha incrementado su participaci\u00f3n un 0,56% en la Comunidad de Propietarios del hotel Meli\u00e1 Castilla y 0,16% en la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1657_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Comunidad de Propietarios del hotel Meli\u00e1 Costa del Sol, con la compra de dos apartamentos. Por otra parte, se ha adquirido</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">el 0,43% de acciones de la sociedad Plaza Puerta del Mar S.A. Estas operaciones no han supuesto impactos significativos en las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1956 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.5pt\">cuentas anuales consolidadas del Grupo.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947\"><span class=\"ps12591\" style=\"width:135.93pt\">Compra de intereses minoritarios<span style=\"display:inline-block;height:6.63pt;width:8.07pt\"></span></span></span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">En el primer semestre del ejercicio, el Grupo ha adquirido una participaci\u00f3n adicional a trav\u00e9s de la compra de tres</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.52pt\">apartamentos de la Comunidad de Propietarios del hotel Meli\u00e1 Sol y Nieve, incrementando su participaci\u00f3n en un 2,09%.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.01pt\">A efectos de comparaci\u00f3n se detallan las variaciones del </span><span class=\"f charStyle-f47c836a ps2556\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2557\" style=\"width:3.3pt\">:</span></div><div class=\"ps2032 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:188.67pt\">Compra del 50% de Melcom Joint Venture, S.L.</span></div><div class=\"ps2468 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">En el mes de abril de 2024, la sociedad matriz del grupo adquiri\u00f3 el 50% adicional de la sociedad Melcom Joint Venture, S.L.</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">por 66 millones de euros. Dicha sociedad es propietaria del 100% de las acciones de Pelicanos Property, S.L.U. y Bellver</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2470 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Property, S.L.U (integradas las 3 anteriormente por el m\u00e9todo de la participaci\u00f3n) y, en el momento de la operaci\u00f3n, tambi\u00e9n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:337.65pt\">del 50% de Adprotel Strand, S.L. (consolidada por el m\u00e9todo de integraci\u00f3n global).</span></div><div class=\"ps1841 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Fruto de esta operaci\u00f3n se increment\u00f3 la participaci\u00f3n en Adprotel Strand, S.L. hasta el 100% sin cambio de control, y las</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">sociedades Melcom Joint Venture, S.L., Pelicanos Property, S.L.U. y Bellver Property, S.L.U. pasaron a integrarse por el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">m\u00e9todo de integraci\u00f3n global. Estas sociedades son titulares de los contratos de arrendamiento de dos hoteles en Espa\u00f1a, ya</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1230_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">operados con anterioridad por Melia Hotels International, S.A. mediante contratos de arrendamiento. En consecuencia, las</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1231_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">participaciones puestas en equivalencia disminuyeron en 19 millones de euros, se incorporaron activos y pasivos por importe</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1815 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de 158 millones de euros y 104 millones de euros, respectivamente, y se redujeron los intereses minoritarios en 28 millones de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:277.02pt\">euros, con un impacto positivo en reservas de 0,2 millones de euros.</span></div><div class=\"ps1236 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:189.02pt\">Transmisi\u00f3n del 38,2% de Adprotel Strand, S.L.</span></div><div class=\"ps1589_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">En el mes de enero de 2024 se constituy\u00f3 la sociedad Mugolu, S.L. a la que, posteriormente, se le aportaron el 100% de las</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1590_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">participaciones de Adprotel Strand, S.L. tras la operaci\u00f3n con Melcom Joint Venture, S.L. anteriormente indicada. Tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1591_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">constituy\u00f3 la sociedad Cala Galdana Property, S.L.U. (anteriormente denominada Wamabe Iberia, S.L.), a la cual se le aport\u00f3</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:114.02pt\">el hotel Melia Cala Galdana.</span><span class=\"f charStyle-f47c836a ps2559\" style=\"width:2.71pt\"> </span></div><div class=\"ps1593_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Tras dicha aportaci\u00f3n, las sociedades Cala Galdana Property, S.L.U. e Inversiones Hoteleras La Jaquita, S.A., propietarias</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">respectivamente de los hoteles Melia Cala Galdana y Gran Melia Palacio de Isora, fueron a su vez aportadas a la sociedad</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Adprotel Strand, S.L., la cual realiz\u00f3 posteriormente una emisi\u00f3n de participaciones preferentes por 300 millones de euros</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1743_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:324.71pt\">para dar entrada a un nuevo socio en el 38,2% de su capital social (ver Nota 15).</span></div><div class=\"ps1597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:216.58pt\">Transmisi\u00f3n del 25% de Punta Cana Reservations, S.L.</span></div><div class=\"ps1598_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En el mes de diciembre de 2024 el Grupo vendi\u00f3 por 63 millones de USD el 25% de la sociedad Punta Cana Reservations, S.L.,</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1599_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">sin p\u00e9rdida de control. Esta sociedad es propietaria del 100% de la sociedad Inversiones Areito, S.A., propietaria a su vez de los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:474.28pt\">hoteles Paradisus Palma Real Golf &amp; SPA y Zel Punta Cana, situados ambos en la Rep\u00fablica Dominicana (ver Nota 15).</span></div><div class=\"ps2477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:20.5pt\">Altas</span></div><div class=\"ps1894 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:5.38pt\">C</span><span class=\"f charStyle-f47c836a ps2561\" style=\"width:510.03pt\">on fecha 1 de enero de 2024 se produjo la escisi\u00f3n de cinco sociedades mexicanas, lo que dio lugar a cinco nuevas sociedades</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1876_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:157pt\">que integran globalmente en el Grupo.</span><span class=\"f charStyle-f47c836a ps2562\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1896_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">En el mes de septiembre se constituy\u00f3 la sociedad Meli\u00e1 Hotels Albania, SH.P.K participada al 100% por el Grupo. Su objeto</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1877_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">social es la prestaci\u00f3n de servicios de gesti\u00f3n a los establecimientos ubicados en el pa\u00eds. Esta operaci\u00f3n no supuso impactos</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1897 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:201.36pt\">relevantes en las cuentas consolidadas del Grupo.</span></div><div class=\"ps1854 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Bajas</span></div><div class=\"ps1881_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">En el ejercicio 2024 se disolvi\u00f3 la sociedad Sol Melia Europe, B.V, participada al 100% por Meli\u00e1 Hotels International, S.A. Esta</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1977 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:227.61pt\">operaci\u00f3n no tuvo impactos significativos para el Grupo.</span></div><div class=\"ps2563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:392.98pt\">Adquisici\u00f3n de participaci\u00f3n adicional en entidades integradas por el m\u00e9todo de la participaci\u00f3n</span></div><div class=\"ps1726 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El Grupo increment\u00f3 su participaci\u00f3n un 1,07% en la Comunidad de Propietarios del hotel Meli\u00e1 Castilla con la compra de diez</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1727_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:419.91pt\">apartamentos. Esta operaci\u00f3n no supuso impactos significativos en los Estados financieros consolidados.</span></div><div class=\"ps1274 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Por otra parte, tambi\u00e9n se adquirieron dos apartamentos de la Comunidad de Propietarios del hotel Meli\u00e1 Costa del Sol,</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1275_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:227.11pt\">incrementando la participaci\u00f3n del Grupo en un 0,329%.</span></div><div class=\"ps2564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:377.18pt\">Estas operaciones no tuvieron impactos significativos en los Estados financieros consolidados.</span></div><div class=\"ps2565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.91pt\">5.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1813_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.35pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:122.68pt\">Cambios de denominaci\u00f3n</span></div><div class=\"ps2566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:190.35pt\"> no ha habido ning\u00fan cambio de denominaci\u00f3n.</span></div><div class=\"ps1981 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">En el ejercicio 2024 la sociedad Wamabe Iberia, S.L., constituida durante dicho ejercicio, pas\u00f3 a denominarse Cala Galdana</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:65.32pt\">Property, S.L.U.</span></div>",
   "dimensions": {
    "concept": "melia:ConsolidationPerimeterDisclosures",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-514": {
   "value": "<div class=\"ps2474 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:15.69pt\">5.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2473_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:5.57pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.04pt\">Combinaciones de negocio</span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Con fecha 31 de mayo de 2025 la sociedad matriz del Grupo ha adquirido el 50% adicional de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">pasando a consolidarse esta sociedad por integraci\u00f3n global desde esa fecha. Dicha sociedad posee los derechos de explotaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">de un parque tur\u00edstico complementario a la actividad hotelera. El impacto derivado de dicha integraci\u00f3n en la cuenta de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2476 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.8pt\">resultados ha sido de 9,1 millones de euros positivos, recogido dentro de Otros resultados financieros.</span></div><div class=\"ps1796 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Con fecha 15 de julio de 2025 la sociedad matriz del grupo Victoria Hotels &amp; Resorts (sociedad en la que el Grupo mantiene</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">una participaci\u00f3n del 7,5%) ha adquirido a un 50% de la sociedad Crisalian, S.L., sociedad propietaria y explotadora de un hotel</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1798 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">en Canarias. Fruto de esta operaci\u00f3n, esta sociedad pasa a consolidarse por el m\u00e9todo de integraci\u00f3n global. La operaci\u00f3n ha</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1800 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">dado lugar al reconocimiento de un fondo de comercio de 1,7 millones de euros y de unas reservas de participaciones no</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">dominantes de 32,2 millones de euros. La operaci\u00f3n ha generado un impacto positivo en la cuenta de resultados por importe</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:332.39pt\">de 0,7 millones de euros, registrado en el ep\u00edgrafe \u201cOtros resultados financieros\u201d.</span><span class=\"f charStyle-f47c836a ps2478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1803 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Por otro lado, durante 2025 la sociedad dependiente Ayosa Hoteles, S.L. ha adquirido por 2 millones de euros el 100% de las</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">participaciones de Kimel MCA., S.L.U., para, posteriormente, absorberla mediante el m\u00e9todo de fusi\u00f3n impropia. Fruto de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1194 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">dicha operaci\u00f3n, la sociedad Kimel MCA., S.L.U., que previamente se consolidaba por el m\u00e9todo de la participaci\u00f3n, ha</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1195_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">causado baja en el per\u00edmetro de consolidaci\u00f3n, elimin\u00e1ndose la participaci\u00f3n por puesta en equivalencia sobre dicha sociedad</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2479_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">por 1,1 millones de euros (englobada dentro de la participaci\u00f3n en Evertmel, S.L.), con un impacto positivo neto de 0,1</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1926 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.41pt\">millones de euros en la cuenta de p\u00e9rdidas y ganancias.</span></div><div class=\"ps1198 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En octubre de 2025 el Grupo ha adquirido por 0,4 millones de euros el 100% de las participaciones de Explotaciones Rosotel,</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.13pt\">S.L.U., sociedad arrendataria de cinco hoteles situados en territorio espa\u00f1ol y un sexto ubicado en el Principado de Andorra.</span><span class=\"f charStyle-f47c836a ps2480_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2339_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:271.45pt\">Los impactos de la integraci\u00f3n de las sociedades son los siguientes:</span></div><div class=\"ps2529 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:84.75pt\"></td><td style=\"padding:0;width:87pt\"></td><td style=\"padding:0;width:89.25pt\"></td><td style=\"padding:0;width:86.25pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss170_1\"><div><div class=\"ps2481_1 ss169_1\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2483_1 ss172_1\"><div><div class=\"ps2481_1 ss253\"><span class=\"f charStyle-28c2751e ps1792\">Crisalian, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2485 ss174_1\"><div><div class=\"ps2481_1 ss173_1\"><span class=\"f charStyle-28c2751e ps6037\">Kimel MCA, S.L.U,</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490_1 ss176_1\"><div><div class=\"ps2487 ss175_1\"><span class=\"f charStyle-28c2751e ps2486\">Explotaciones </span></div><div class=\"ps2489 ss175_1\"><span class=\"f charStyle-28c2751e ps2488\">Rosotel, S.L.U.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2493_1 ss178_1\"><div><div class=\"ps2487 ss177_1\"><span class=\"f charStyle-28c2751e ps1853\">Sierra Parima, </span></div><div class=\"ps2489 ss177_1\"><span class=\"f charStyle-28c2751e ps835\">S.A.S.</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"5\" style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps650 ss179_1\"><div><div class=\"ps958 ss121_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Balance</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activo no corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps877\">80.744</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2497_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">1.850</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2499_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2498_1\">1.158</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2501_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps2500_1\">15.695</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11591 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1436\">972</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2503 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.740</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2505 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps1929\">757</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2506_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">2.581</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8018 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivo no corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2508_1 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.624</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2510 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2509\">14</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2512 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2511\">0</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2513_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">5.104</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2514 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">4.491</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2515_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.364</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2516_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps2498_1\">1.536</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2517 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps489\">4.339</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"5\" style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps722 ss179_1\"><div><div class=\"ps958 ss121_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Cuenta de resultado</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15773 ss180_1\"><div><div class=\"ps958 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado desde integraci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2519 ss181_1\"><div><div class=\"ps958 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.262</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2520_1 ss182_1\"><div><div class=\"ps958 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">1.759</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2522_1 ss183_1\"><div><div class=\"ps958 ss175_1\"><span class=\"f charStyle-934a7fa2 ps14947\">(783)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2524_1 ss184_1\"><div><div class=\"ps958 ss177_1\"><span class=\"f charStyle-934a7fa2 ps14926\">(3.823)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3546 ss185_1\"><div><div class=\"ps482 ss169_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado ejercicio completo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2525 ss615\"><div><div class=\"ps482 ss253\"><span class=\"f charStyle-934a7fa2 ps1527\">7.251</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2526_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-934a7fa2 ps2496_1\">2.134</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2527 ss188_1\"><div><div class=\"ps482 ss175_1\"><span class=\"f charStyle-934a7fa2 ps14947\">(292)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2528_1 ss189_1\"><div><div class=\"ps482 ss177_1\"><span class=\"f charStyle-934a7fa2 ps14926\">(5.663)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:186.23pt\"> no se produjeron combinaciones de negocios.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-515": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_40\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps609 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 6.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2567\"><span style=\"display:inline-block;height:11.34pt;width:1.25pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Informaci\u00f3n Financiera por Segmentos</span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Los segmentos comentados a continuaci\u00f3n constituyen la estructura organizativa de la empresa y sus resultados son revisados</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:247.35pt\">por la m\u00e1xima autoridad de la toma de decisiones del Grupo:</span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">Gesti\u00f3n hotelera: corresponde a los ingresos por honorarios recibidos por la explotaci\u00f3n de hoteles en r\u00e9gimen de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">gesti\u00f3n y franquicia. Adem\u00e1s, incluye los cargos intergrupo a los hoteles del Grupo en r\u00e9gimen de propiedad y alquiler,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:212.13pt\">as\u00ed como otros servicios, tales como comisiones. </span><span class=\"f charStyle-f47c836a ps2568\" style=\"width:274.98pt\">En el ejercicio 2025, y debido a la evoluci\u00f3n del negocio y del</span><span class=\"f charStyle-f47c836a ps1356\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">producto, la informaci\u00f3n correspondiente al club vacacional se integra en la Divisi\u00f3n hotelera, dentro de este</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:282.09pt\">segmento, consider\u00e1ndose como un canal estrat\u00e9gico de distribuci\u00f3n,</span><span class=\"f charStyle-f47c836a ps2569_1\" style=\"width:205.18pt\"> reflejando los resultados derivados de la venta de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:324.63pt\">derechos de uso compartido de unidades espec\u00edficas de complejos vacacionales.</span></div><div class=\"ps1936 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.23pt\">Negocio hotelero: se recogen en este segmento los resultados obtenidos por la explotaci\u00f3n de las unidades hoteleras en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.17pt\">propiedad o alquiler del Grupo. Asimismo, se presentan los ingresos producidos en el \u00e1mbito de la restauraci\u00f3n por la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.13pt\">consideraci\u00f3n de esta actividad como una fuente de ingresos integrada plenamente en la explotaci\u00f3n hotelera, debido a</span><span class=\"f charStyle-f47c836a ps1358\" style=\"width:2.71pt\"> </span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">la venta mayoritaria de paquetes conjuntos cuyo precio incluye alojamiento y comida y que har\u00edan impracticable una</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:200.33pt\">segmentaci\u00f3n real de activos y pasivos asociados.</span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">Otros negocios vinculados a la gesti\u00f3n hotelera: en este segmento se incluyen ingresos adicionales del negocio hotelero,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:183.87pt\">como casinos o actividades de touroperaci\u00f3n.</span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">Real Estate: incluye las plusval\u00edas por rotaci\u00f3n de activos, as\u00ed como las actividades de promoci\u00f3n y explotaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1817 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">inmobiliaria. Asimismo, incluye los ingresos y gastos procedentes de la variaci\u00f3n de valor razonable de las inversiones</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1818 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:54.97pt\">inmobiliarias.</span></div><div class=\"ps1819 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.14pt\">Corporativos: corresponde a costes de estructura, resultados ligados a la mediaci\u00f3n y comercializaci\u00f3n de reservas de</span><span class=\"f charStyle-f47c836a ps1277\" style=\"width:2.71pt\"> </span></div><div class=\"ps1820 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.25pt\">habitaciones y servicios tur\u00edsticos, as\u00ed como costes corporativos del Grupo no asignables a ninguna de las tres divisiones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1920 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:162.61pt\">de negocio mencionadas anteriormente.</span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">La segmentaci\u00f3n de Meli\u00e1 Hotels International se explica por la diversificaci\u00f3n de operaciones existente en la Compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:320.86pt\">basada en los \u00e1mbitos de gesti\u00f3n hotelera, explotaci\u00f3n hotelera e inmobiliario.</span></div><div class=\"ps1794 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Determinados ep\u00edgrafes en los cuadros de segmentaci\u00f3n de negocios y segmentaci\u00f3n geogr\u00e1fica se presentan de forma</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1795 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:382.99pt\">agregada ante la imposibilidad de separar la misma en los diferentes segmentos especificados.</span></div><div class=\"ps2328 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Las pol\u00edticas de fijaci\u00f3n de precios de transferencia aplicadas por la Compa\u00f1\u00eda en las operaciones entre las distintas</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2329 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.66pt\">sociedades del Grupo se establecen de forma similar a las transacciones realizadas con terceros.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.13pt\">6.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2571\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:5.13pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:179.97pt\">Informaci\u00f3n por segmentos operativos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Asimismo, se presenta detalle del comparativo del ejercicio 2024 de acuerdo a la reclasificaci\u00f3n indicada anteriormente. La</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">segmentaci\u00f3n de la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio 2025 y de las l\u00edneas del Balance consolidado al 31</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.79pt\">de diciembre de 2025, referidas a la explotaci\u00f3n, se ofrece en el siguiente cuadro:</span></div><div class=\"ps2773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss64 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:143.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11620 ss191_1\"><div><div class=\"ps652 ss190_1\"><span class=\"f charStyle-adfefda9 ps2573_1\">Divisi\u00f3n hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11623 ss193_1\"><div><div class=\"ps2575_1 ss744\"><span class=\"f charStyle-adfefda9 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11625 ss195_1\"><div><div class=\"ps2577_1 ss194_1\"><span class=\"f charStyle-adfefda9 ps2576\">Gesti\u00f3n </span></div><div class=\"ps2578_1 ss194_1\"><span class=\"f charStyle-adfefda9 ps477_1\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2582 ss197_1\"><div><div class=\"ps2577_1 ss110\"><span class=\"f charStyle-adfefda9 ps2580_1\">Negocio </span></div><div class=\"ps2578_1 ss110\"><span class=\"f charStyle-adfefda9 ps2581_1\">hotelero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2589_1 ss197_1\"><div><div class=\"ps2584 ss110\"><span class=\"f charStyle-adfefda9 ps6055\">Otros neg. </span></div><div class=\"ps2586_1 ss110\"><span class=\"f charStyle-adfefda9 ps2585_1\">vin.gesti\u00f3n </span></div><div class=\"ps2588_1 ss110\"><span class=\"f charStyle-adfefda9 ps2587\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2591_1 ss36_1\"><div><div class=\"ps2575_1 ss13_1\"><span class=\"f charStyle-adfefda9 ps14835\">Real Estate</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2593_1 ss199_1\"><div><div class=\"ps2575_1 ss198_1\"><span class=\"f charStyle-adfefda9 ps2592\">Corporativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2595_1 ss201_1\"><div><div class=\"ps2575_1 ss137\"><span class=\"f charStyle-adfefda9 ps2594\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2598_1 ss36_1\"><div><div class=\"ps2577_1 ss13_1\"><span class=\"f charStyle-adfefda9 ps2596\">Saldo </span></div><div class=\"ps2578_1 ss13_1\"><span class=\"f charStyle-adfefda9 ps2597_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2495 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">CUENTA DE RESULTADOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps2502 ss204_1\"><div><div class=\"ps2599 ss744\"><span class=\"f charStyle-df66f676 ps267\">Ingresos Operativos y plusval\u00edas </span></div><div class=\"ps2600_1 ss744\"><span class=\"f charStyle-df66f676 ps267\">inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2604_1 ss205_1\"><div><div class=\"ps2603 ss194_1\"><span class=\"f charStyle-436d5c0f ps2035\">562.932</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2606_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.818.434</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2608_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">94.394</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2610_1 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">28.755</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11270 ss208_1\"><div><div class=\"ps2603 ss198_1\"><span class=\"f charStyle-436d5c0f ps1810\">176.116</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9285 ss832\"><div><div class=\"ps2603 ss137\"><span class=\"f charStyle-436d5c0f ps15001\">(584.079)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2615_1 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">2.096.552</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5066 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Gastos Operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2618 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps2155\">(402.465)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2619\">(1.325.386)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2622_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2621_1\">(88.325)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2624_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2874\">(9.979)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2626_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps6115\">(237.473)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2628 ss138\"><div><div class=\"ps652 ss137\"><span class=\"f charStyle-436d5c0f ps2627\">584.079</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2630 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1388\">(1.479.548)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11198 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDAR</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2633 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-baa7c097 ps2632\">160.467</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2635 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">493.048</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2637 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps2636\">6.069</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2638_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps2196_1\">18.776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2640_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-baa7c097 ps1420\">(61.356)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2642 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">617.004</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8247 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2645 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps11118\">188</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2646_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2621_1\">(53.319)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2648_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2647_1\">(261)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2649 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(53.392)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2650_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2651_1 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-baa7c097 ps2632\">160.655</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2652_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">439.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2653 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps2636\">5.808</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2654_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps2196_1\">18.776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2655 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-baa7c097 ps1420\">(61.356)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2656_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">563.612</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1299 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Amortizaciones y deterioros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2659 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps2658\">(3.257)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2661 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2011\">(233.731)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2663 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2662\">(3.330)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2664_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2874\">(2.380)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2666_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps6113\">(17.406)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2668_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(260.103)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6202 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">EBIT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2669_1 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-baa7c097 ps2632\">157.398</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2670_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">205.998</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2671_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps2636\">2.478</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2672 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps2196_1\">16.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7877 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-baa7c097 ps1420\">(78.762)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2674 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">303.508</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6083 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Resultado Financiero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2676 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(73.815)</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps15516 ss204_1\"><div><div class=\"ps2603 ss744\"><span class=\"f charStyle-df66f676 ps267\">Rdo. Entidades Asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2678_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">39.391</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2680_1 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps2950\">(190)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2682_1 ss208_1\"><div><div class=\"ps2603 ss198_1\"><span class=\"f charStyle-436d5c0f ps2681\">(2.849)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2683 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">36.352</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9436 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. antes de impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2685_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">266.045</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15074 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2687_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(65.799)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps15901 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">RESULTADO CONSOLIDADO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2689_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-adfefda9 ps1396\">200.246</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2692 ss210_1\"><div><div class=\"ps2690 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">RESULTADO ATRIBUIDO A SOCIEDAD </span></div><div class=\"ps2691_1 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">DOMINANTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2693_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">170.069</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps381 ss204_1\"><div><div class=\"ps2603 ss744\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. atribuido a minoritarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2696 ss207_1\"><div><div class=\"ps2603 ss13_1\"><span class=\"f charStyle-baa7c097 ps6233\">(30.177)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2789 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">ACTIVOS y PASIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2698 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Inmovilizado material e intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2700 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps14358\">69.806</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2701_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.546.120</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2702_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps9393\">9.287</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2703 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">18.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2704_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps1810\">135.284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2705_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.779.158</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2706_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Derechos de uso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2707 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps11118\">439</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2708_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.473.044</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2709 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps9393\">1.358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2711 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1813\">892</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2712_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.475.734</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5248 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Inversiones entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2715_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">208.622</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2717_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">6.094</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2719_1 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-436d5c0f ps2718_1\">39.140</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2721_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">253.856</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2722 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros activos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2723_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">561.498</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5176 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Activos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2725 ss211_1\"><div><div class=\"ps652 ss194_1\"><span class=\"f charStyle-436d5c0f ps2035\">349.686</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2726_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-df66f676 ps1800\">161.536</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2727 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">28.838</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2728_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">4.904</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2729 ss213_1\"><div><div class=\"ps652 ss198_1\"><span class=\"f charStyle-df66f676 ps1810\">279.411</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2730_1 ss138\"><div><div class=\"ps652 ss137\"><span class=\"f charStyle-436d5c0f ps15001\">(545.426)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2731 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">278.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2732_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros activos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2733 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">305.834</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps4815 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2736_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-adfefda9 ps2735_1\">4.655.030</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2737 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Deuda financiera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2740_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2739_1\">1.011.066</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2741_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros Pasivos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2743_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">476.599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2744 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Pasivos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2746 ss211_1\"><div><div class=\"ps2738_1 ss194_1\"><span class=\"f charStyle-73501845 ps2745\">330.114</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2748 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2747\">405.666</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2750 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps11330\">41.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2752 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2751\">874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2754 ss213_1\"><div><div class=\"ps2738_1 ss198_1\"><span class=\"f charStyle-73501845 ps2872\">157.714</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2756_1 ss138\"><div><div class=\"ps2738_1 ss137\"><span class=\"f charStyle-73501845 ps2755\">(412.938)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2757_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">523.428</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2758_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Otros Pasivos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2760_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2759_1\">41.226</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps421_1 ss210_1\"><div><div class=\"ps652 ss744\"><span class=\"f charStyle-df66f676 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2762_1 ss211_1\"><div><div class=\"ps2738_1 ss194_1\"><span class=\"f charStyle-73501845 ps960\">483</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2764 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps7142\">1.416.564</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2766_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2765\">1.469</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2767 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2751\">780</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2769_1 ss213_1\"><div><div class=\"ps2738_1 ss198_1\"><span class=\"f charStyle-73501845 ps11824\">2.990</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2770 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2739_1\">1.422.285</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2771_1 ss203_1\"><div><div class=\"ps652 ss202_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL PASIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2772 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-adfefda9 ps2735_1\">3.474.603</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Dentro de los ingresos del segmento de Gesti\u00f3n hotelera, se registran 172 millones de euros en concepto de honorarios de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps2775_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">gesti\u00f3n, de los cuales 14,5 millones se han realizado con entidades asociadas y negocios conjuntos.\u00a0 Se incluyen, adem\u00e1s, los</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2776 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">ingresos asociados al club vacacional (ver Nota 7.1). El resto de los ingresos corresponden, principalmente, a comisiones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps2777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.79pt\">venta.</span></div><div class=\"ps2778 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Por otra parte, dentro de Otros negocios vinculados a la gesti\u00f3n hotelera, se incluyen 31,4 millones de euros de ingresos por</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps2779_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.65pt\">facturaciones intragrupo al segmento del negocio hotelero.</span></div><div class=\"ps2780 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En los ingresos de explotaci\u00f3n del segmento de Real Estate (o Gesti\u00f3n de activos), se incluyen ingresos 11 millones de euros</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2781_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">referentes a la variaci\u00f3n de valor razonable de las inversiones inmobiliarias (ver Nota 11), as\u00ed como 7,9 millones de euros</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2782 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:305.36pt\">procedentes de una venta de terrenos escriturados en Brasil (ver Nota 2.4).</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En el Inmovilizado material, dentro del negocio hotelero, se registraron altas por obras y reformas en hoteles por un total de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">125,9 millones de euros, as\u00ed como 80,1 millones de euros correspondientes a la incorporaci\u00f3n al per\u00edmetro consolidado de la</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:153.01pt\">sociedad Crisalian, S.L. (ver Nota 10).</span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En cuanto a las eliminaciones realizadas durante el ejercicio, cabe destacar las facturaciones intersegmento por honorarios de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">gesti\u00f3n y comisiones por valor de 292,8 millones de euros. Las prestaciones de servicios a servicios corporativos han supuesto</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">156,4 millones de euros. Por otra parte, las eliminaciones de los gastos de explotaci\u00f3n corresponden, principalmente, al</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:225.24pt\">negocio hotelero por un valor de 318 millones de euros.</span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">La segmentaci\u00f3n de la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio 2024 y de las l\u00edneas de Balance consolidado al</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:346.92pt\">31 de diciembre de 2024, referidas a la explotaci\u00f3n, se ofrece en el siguiente cuadro:</span></div><div class=\"ps2933 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss234_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:156pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:48.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps10811 ss217_1\"><div><div class=\"ps2785_1 ss216_1\"><span class=\"f charStyle-ac1283de ps2784_1\">Divisi\u00f3n hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11623 ss219_1\"><div><div class=\"ps2787 ss358\"><span class=\"f charStyle-ac1283de ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps10815 ss36_1\"><div><div class=\"ps2789_1 ss13_1\"><span class=\"f charStyle-ac1283de ps2788\">Gesti\u00f3n </span></div><div class=\"ps2791_1 ss13_1\"><span class=\"f charStyle-ac1283de ps6342\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2795_1 ss36_1\"><div><div class=\"ps2789_1 ss13_1\"><span class=\"f charStyle-ac1283de ps11655\">Negocio </span></div><div class=\"ps2791_1 ss13_1\"><span class=\"f charStyle-ac1283de ps2794_1\">hotelero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2800_1 ss36_1\"><div><div class=\"ps2797_1 ss13_1\"><span class=\"f charStyle-ac1283de ps14864\">Otros neg. </span></div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2157\">vin.gesti\u00f3n </span></div><div class=\"ps2799 ss13_1\"><span class=\"f charStyle-ac1283de ps6342\">hotelera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2002_1 ss36_1\"><div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2801\">Real Estate</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2803_1 ss36_1\"><div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2802\">Corporativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2805_1 ss36_1\"><div><div class=\"ps2787 ss13_1\"><span class=\"f charStyle-ac1283de ps2804_1\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2808 ss197_1\"><div><div class=\"ps2789_1 ss110\"><span class=\"f charStyle-ac1283de ps11763\">Saldo </span></div><div class=\"ps2791_1 ss110\"><span class=\"f charStyle-ac1283de ps2807\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2495 ss221_1\"><div><div class=\"ps2785_1 ss220_1\"><span class=\"f charStyle-ac1283de ps267\">CUENTA DE P\u00c9RDIDAS Y GANANCIAS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"padding:0\"><div class=\"ps2502 ss369\"><div><div class=\"ps2809_1 ss358\"><span class=\"f charStyle-df66f676 ps267\">Ingresos Operativos y plusval\u00edas inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2810 ss223_1\"><div><div class=\"ps2809_1 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">502.938</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2811_1 ss223_1\"><div><div class=\"ps2809_1 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.751.291</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2812_1 ss223_1\"><div><div class=\"ps2809_1 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">100.385</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2814_1 ss223_1\"><div><div class=\"ps2813 ss13_1\"><span class=\"f charStyle-73501845 ps2759_1\">57.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2815 ss223_1\"><div><div class=\"ps2813 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">147.727</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2817 ss223_1\"><div><div class=\"ps2813 ss13_1\"><span class=\"f charStyle-73501845 ps2816\">(503.909)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2818_1 ss118\"><div><div class=\"ps2813 ss110\"><span class=\"f charStyle-73501845 ps7142\">2.056.282</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9286 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Gastos Operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2819 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(357.705)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2820_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1388\">(1.263.774)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2821_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(94.951)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2822 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(14.493)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2823_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2816\">(214.765)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2824 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1412\">503.909</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2826 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps1967\">(1.441.779)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5284 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDAR</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2827_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">145.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2828_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">487.517</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2830 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps11184\">5.434</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2831_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2759_1\">43.358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2832_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2581_1\">(67.038)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2833_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">614.504</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps851 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2834_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2581_1\">(38.825)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2835_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2035\">(323)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2837_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(39.149)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6161 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2838_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">145.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2839 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">448.692</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2840_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps11184\">5.110</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2841_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2759_1\">43.358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2842_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2581_1\">(67.038)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2843_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">575.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5288 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Amortizaciones y deterioros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2845_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2874\">(2.888)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2846 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(217.615)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2848_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps1225\">(1.004)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2849_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2035\">(558)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2850_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(19.827)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2852_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2851_1\">(241.892)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5290 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">EBIT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2853_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">142.345</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2854_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-baa7c097 ps1396\">231.076</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2855_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps11184\">4.107</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2856_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2759_1\">42.800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2857_1 ss40_1\"><div><div class=\"ps2738_1 ss13_1\"><span class=\"f charStyle-8c60ef1e ps2581_1\">(86.865)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2858 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">333.463</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5292 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Resultado Financiero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2859_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(98.059)</span></div></div></div></td></tr><tr style=\"height:23.25pt\"><td style=\"padding:0\"><div class=\"ps6293 ss226_1\"><div><div class=\"ps2860 ss358\"><span class=\"f charStyle-df66f676 ps267\">Rdo. Entidades Asociadas y negocios conjuntos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2861_1 ss227_1\"><div><div class=\"ps2860 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">12.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2863_1 ss227_1\"><div><div class=\"ps2862_1 ss13_1\"><span class=\"f charStyle-73501845 ps1225\">(3.459)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2864_1 ss227_1\"><div><div class=\"ps2862_1 ss13_1\"><span class=\"f charStyle-73501845 ps2581_1\">(19.943)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2865_1 ss228_1\"><div><div class=\"ps2862_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(10.980)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2866 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. antes de impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2867_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-8c60ef1e ps2747\">224.424</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5234 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2869_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-73501845 ps2163\">(62.383)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps10900 ss221_1\"><div><div class=\"ps652 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">RESULTADO CONSOLIDADO</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2871_1 ss212_1\"><div><div class=\"ps2738_1 ss110\"><span class=\"f charStyle-0af124ae ps2747\">162.041</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2872 ss225_1\"><div><div class=\"ps2690 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">RESULTADO ATRIBUIDO A SOCIEDAD </span></div><div class=\"ps2691_1 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">DOMINANTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2873_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-baa7c097 ps1799\">140.626</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"><div class=\"ps15375 ss359\"><div><div class=\"ps2603 ss358\"><span class=\"f charStyle-fbad9f8f ps267\">Rdo. atribuido a minoritarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2876_1 ss111\"><div><div class=\"ps2603 ss110\"><span class=\"f charStyle-baa7c097 ps2875\">(21.415)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"13\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps9494 ss221_1\"><div><div class=\"ps652 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">ACTIVOS y PASIVOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9504 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Inmovilizado material e intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2878_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">80.768</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2879 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.477.721</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2880_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">8.472</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2881 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">7.510</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2882_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">128.248</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2883 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.702.719</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2884_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Derechos de uso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2885 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps1813\">917</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2886_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.514.384</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2887_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2888 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.540</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2889_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.517.855</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2890 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Inversiones entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2891_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">151.713</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2892_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">6.087</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2893_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">49.077</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2894_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">206.876</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2895 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros activos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2896_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">582.477</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15955 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Activos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2897_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">274.483</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2898_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-df66f676 ps2609_1\">61.373</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2899_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">19.191</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2900_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">7.400</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2901_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-df66f676 ps2720_1\">539.975</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2902 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(604.954)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2903_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">297.468</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1650 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros activos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2905_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">274.391</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5179 ss230_1\"><div><div class=\"ps2906 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL ACTIVOS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2909_1 ss231_1\"><div><div class=\"ps2906 ss110\"><span class=\"f charStyle-44d43412 ps2908_1\">4.581.787</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2910_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Deuda financiera</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2911 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">943.963</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2912_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros pasivos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2913_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">580.424</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2914_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Pasivos corrientes de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2915_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">318.586</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2916_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">406.142</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2917_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2609_1\">39.813</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2918_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">3.090</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2919_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2720_1\">138.574</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2920 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2667_1\">(432.822)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2921_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps1800\">473.383</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2922 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Otros pasivos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2923_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2607_1\">50.208</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2924_1 ss225_1\"><div><div class=\"ps652 ss358\"><span class=\"f charStyle-df66f676 ps267\">Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2925_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2926 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps654_1\">1.456.459</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2927_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2928 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">1.819</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2929_1 ss40_1\"><div><div class=\"ps652 ss13_1\"><span class=\"f charStyle-436d5c0f ps2716\">3.520</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2930_1 ss212_1\"><div><div class=\"ps652 ss110\"><span class=\"f charStyle-436d5c0f ps2605\">1.463.933</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td colspan=\"13\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7761 ss232_1\"><div><div class=\"ps321 ss220_1\"><span class=\"f charStyle-adfefda9 ps267\">TOTAL PASIVOS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2932_1 ss233_1\"><div><div class=\"ps321 ss110\"><span class=\"f charStyle-44d43412 ps2908_1\">3.511.910</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2934_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Dentro de los ingresos del segmento de Gesti\u00f3n hotelera, se registraron 168 millones de euros en concepto de honorarios de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2935 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">gesti\u00f3n, de los cuales 14,9 millones se realizaron con entidades asociadas y negocios conjuntos. Se incluyeron, adem\u00e1s, los</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps2936_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">ingresos asociados al club vacacional (ver Nota 7.1). El resto de los ingresos correspondieron a comisiones de venta,</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2937 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:64.4pt\">principalmente.</span></div><div class=\"ps2938_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Por otra parte, dentro de Otros negocios vinculados a la gesti\u00f3n hotelera, se incluyeron 62,3 millones de euros de ingresos por</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps2940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.65pt\">facturaciones intragrupo al segmento del negocio hotelero.</span><span class=\"f charStyle-f47c836a ps2939\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En los ingresos de explotaci\u00f3n del segmento de Real Estate (o Gesti\u00f3n de activos), se incluyeron ingresos por 39,9 millones de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:388.18pt\">euros referentes a la variaci\u00f3n de valor razonable de las inversiones inmobiliarias (ver Nota 11).</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el Inmovilizado material, dentro del segmento hotelero, se registraron altas por obras y reformas en hoteles por un total de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.91pt\">54,1 millones de euros (ver Nota 10).</span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">En cuanto a las eliminaciones realizadas durante el ejercicio 2024, cabe destacar las facturaciones intersegmento por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">honorarios de gesti\u00f3n y comisiones por valor de 254,8 millones de euros. Las prestaciones de servicios corporativos fueron de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:98.84pt\">127,8 millones de euros.</span><span class=\"f charStyle-b914b620 ps2941\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Por otra parte, las eliminaciones de los gastos de explotaci\u00f3n del ejercicio 2024 que correspondieron, principalmente, al</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.03pt\">negocio hotelero, ascendieron a 312,5 millones de euros.</span></div><div class=\"ps1706 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:17.36pt\">6.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1643\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:3.9pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:159.54pt\">Informaci\u00f3n por \u00e1reas geogr\u00e1ficas</span></div><div class=\"ps1707 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">La informaci\u00f3n por segmentos operativos constituye el formato que mejor representa la informaci\u00f3n financiera del Grupo,</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1229 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">facilitando la comprensi\u00f3n de los rendimientos obtenidos y el seguimiento anual. As\u00ed mismo, a continuaci\u00f3n, se desglosan por</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1708 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">volumen de ingresos y activos las diferentes \u00e1reas geogr\u00e1ficas en funci\u00f3n de los pa\u00edses en los que se ubican las unidades</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1915_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.78pt\">generadoras de efectivo, a trav\u00e9s de las que el Grupo desarrolla su actividad (ver Nota 1):</span><span class=\"f charStyle-f47c836a ps2942_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2970 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:153.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2944 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps11186\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2946 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1312\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4838 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2947\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2950 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1968\">ASIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2952_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2951\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2954_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps2953_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss239_1\"><div><div class=\"ps568 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos Operativos y plusval\u00edas </span></div><div class=\"ps570 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2956_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.360.258</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11331 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2957\">503.912</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2959_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2957\">654.485</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2961_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2960\">9.161</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2962 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-f47c836a ps633\">(431.264)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">2.096.552</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-934a7fa2 ps267\">Total Activo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2964_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.789.820</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2965_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.705.003</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2966 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">1.138.018</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2968 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">22.188</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2969 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2955\">4.655.029</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2971 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) EMEA (Europe, Middle East, \u00c1frica) : Incluye las zonas de \u00c1frica, Oriente Medio y Europa excluida Espa\u00f1a</span></div><div class=\"ps2972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las facturaciones intragrupo realizadas entre los distintos segmentos geogr\u00e1ficos ascendieron a 431,3 millones de euros,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2973 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:448.39pt\">correspondiendo 316,9 millones a Espa\u00f1a, 78,2 millones a EMEA, 31,5 millones a Am\u00e9rica y 4,7 millones a Asia.</span></div><div class=\"ps2974 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En cuanto a los ingresos operativos por pa\u00edses, destacaron Rep\u00fablica Dominicana con 348 millones de euros y M\u00e9xico con 210</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps2975_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">millones en el segmento de Am\u00e9rica. En el segmento de EMEA, Alemania, Italia y Reino Unido aportaron 160, 88 y 67 millones</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2976_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.76pt\">de euros respectivamente.</span></div><div class=\"ps2977_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Asimismo, en la l\u00ednea de Total de activos destaca la aportaci\u00f3n de M\u00e9xico con 414 millones de euros, as\u00ed como Rep\u00fablica</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2978_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Dominicana con 382 millones de euros, en el ep\u00edgrafe de Am\u00e9rica. En el segmento EMEA son rese\u00f1ables las aportaciones del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2980 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:303.13pt\">Reino Unido y Alemania con 579 y 371 millones de euros, respectivamente.</span><span class=\"f charStyle-f47c836a ps2979\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2982 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:347.38pt\">A efectos comparativos se presentan los saldos correspondientes al ejercicio anterior:</span><span class=\"f charStyle-f47c836a ps2981\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2983 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:153.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2944 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps11186\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2946 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1312\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4838 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2947\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2950 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1968\">ASIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2952_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2951\">Eliminaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2954_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps2953_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss239_1\"><div><div class=\"ps568 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos Operativos y plusval\u00edas </span></div><div class=\"ps570 ss235_1\"><span class=\"f charStyle-8b2dbd07 ps267\">inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2956_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">1.215.488</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11331 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2957\">508.456</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2959_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2957\">710.515</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2961_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps11561\">10.116</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2962 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-f47c836a ps633\">(388.294)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">2.056.282</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss236_1\"><div><div class=\"ps482 ss235_1\"><span class=\"f charStyle-934a7fa2 ps267\">Total Activo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2964_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">2.076.637</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2965_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">1.449.432</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2966 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">1.046.992</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2968 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2960\">8.725</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2969 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2955\">4.581.787</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2984 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) EMEA (Europe, Middle East, \u00c1frica) : Incluye las zonas de \u00c1frica, Oriente Medio y Europa excluida Espa\u00f1a</span></div><div class=\"ps2986 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las facturaciones intragrupo realizadas entre los distintos segmentos geogr\u00e1ficos ascendieron a 388,3 millones de euros,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2987 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:448.39pt\">correspondiendo 250,2 millones a Espa\u00f1a, 62,7 millones a EMEA, 72,5 millones a Am\u00e9rica y 2,9 millones a Asia.</span></div><div class=\"ps2988 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En cuanto a los ingresos operativos por pa\u00edses, destacaron M\u00e9xico con 282 millones de euros y Rep\u00fablica Dominicana con 335</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2989_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">millones en el segmento de Am\u00e9rica. En el segmento de EMEA, Alemania, Italia y Reino Unido aportaron aport\u00f3 202, 96 y 94</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2990_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:144.07pt\">millones de euros respectivamente.</span></div><div class=\"ps2992_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:384.81pt\">Asimismo, en la l\u00ednea de Total de activos destac\u00f3 la aportaci\u00f3n de Rep\u00fablica Dominicana con </span><span class=\"f charStyle-f47c836a ps2991\" style=\"width:130.68pt\">438 millones de euros, as\u00ed como</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2993_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">M\u00e9xico con 426,6 millones de euros, en el ep\u00edgrafe de Am\u00e9rica. En el segmento EMEA fueron rese\u00f1ables las aportaciones del</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.15pt\">Reino Unido y Alemania con 616,3 y 405,3 millones de euros, respectivamente.</span>",
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    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
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  "f-516": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_43\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 7.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps2996\"><span style=\"display:inline-block;height:11.34pt;width:2.65pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Ingresos y Gastos</span></div><div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2997\"><span style=\"display:inline-block;height:6.8pt;width:5.98pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Ingresos operativos y plusval\u00edas de inmovilizado</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El desglose del saldo de este ep\u00edgrafe por su naturaleza en la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">2025</span><span class=\"f charStyle-f47c836a ps8620\"> y </span><span class=\"f charStyle-f47c836a ps3000_1\">2024</span><span class=\"f charStyle-f47c836a ps3001\"> es el siguiente: </span></div><div class=\"ps3025 ss0_2\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3005\">1.255.528</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3005\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ventas comida y bebida</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">459.315</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">446.457</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos otros negocios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">40.893</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">46.371</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Honorarios gesti\u00f3n hotelera</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">72.265</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">74.283</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">93.461</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3015_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">82.069</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos inmobiliarios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.643</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3017_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">13.919</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Plusval\u00edas de inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps914 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">18.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3018_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">43.496</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">147.477</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3020_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">155.084</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5288 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3021\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3023_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps14369\">2.096.552</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3024_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps14369\">2.056.282</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3026 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo ha registrado unos ingresos por Plusval\u00edas de inmovilizado de 11 millones de euros como resultado de la revisi\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.15pt\">valor de las inversiones inmobiliarias del Grupo. </span><span class=\"f charStyle-f47c836a ps3027_1\" style=\"width:317.43pt\">En el ejercicio 2024 las plusval\u00edas de inmovilizado incluyeron 39,9 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3029_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:244.44pt\">euros correspondientes a ese mismo concepto (ver Nota 11).</span></div><div class=\"ps3030_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Adicionalmente, dicho ep\u00edgrafe incluye 7,9 millones de euros correspondientes al segmento de rotaci\u00f3n de activos por la venta</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3031_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.27pt\">de terrenos escriturados en Brasil (ver Nota 10). En el ejercicio 2024 fueron 3,6 millones de euros.</span></div><div class=\"ps3032_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El ep\u00edgrafe Otros ingresos incluye la facturaci\u00f3n por comisiones de ventas y fidelizaci\u00f3n que ha ascendido a 68,3 millones de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3034 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:232.37pt\">euros. En 2024 la cifra ascendi\u00f3 a 66,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps3033\" style=\"width:2.71pt\"> </span></div><div class=\"ps3035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Se incluyen en este ep\u00edgrafe, tambi\u00e9n, ingresos procedentes de la actividad de casinos por 4 millones de euros (3,7 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:62.43pt\">euros en 2024).</span></div><div class=\"ps3037_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.51pt\">7.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:48.52pt\">Consumos</span></div><div class=\"ps3042_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3044 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span><span class=\"f charStyle-0fa28a17 ps11621\" style=\"width:6.32pt\">\u00a0 </span></div><div class=\"ps3050 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo de comida y bebida</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">148.565</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">146.837</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss246_1\"><div><div class=\"ps964 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo art\u00edculos auxiliares y varios</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3009_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">31.794</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3010_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">55.552</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6857 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3048 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">180.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3049_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">202.389</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3051_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.5pt\">7.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:87.5pt\">Gastos de personal</span></div><div class=\"ps3052_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El coste de personal se desglosa del siguiente modo:</span></div><div class=\"ps3054_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sueldos, salarios y asimilados</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">483.728</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">448.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Seguros sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">105.653</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.515</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.543</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.937</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Indemnizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.217</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.819</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps500 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">617.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3053_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">570.278</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El n\u00famero medio de empleados de Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes durante los dos \u00faltimos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.9pt\">ejercicios, distribuido por categor\u00edas laborales, es el siguiente:</span><span class=\"f charStyle-f47c836a ps3058\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3110 ss0_2\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps3061 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps11622 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3064_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3066_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3068_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps11630 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3070 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3071 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">CEO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3074_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3075_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3076_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3077 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Executive Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3078 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3079 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3080 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">9</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3081 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">7</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3082 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3083 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps606 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Management Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3086_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">772</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3087_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">576</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3089_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3090_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">748</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3091 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">532</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3092 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.280</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps433 ss252_1\"><div><div class=\"ps958 ss122\"><span class=\"f charStyle-8b2dbd07 ps267\">Non Management</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3093_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.261</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3094_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3096 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.701</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3097 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.065</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3098_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.009</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3099_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.073</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-4ed8e3ec ps3100\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3103 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">10.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3105 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.016</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3106 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">19.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3107 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.820</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3108 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">8.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3109 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">18.362</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3112_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros gastos</span><span class=\"f charStyle-aa796863 ps3111_1\"> de explotaci\u00f3n</span></div><div class=\"ps3113_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3114_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps3139 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3115\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Alquileres varios y c\u00e1nones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">9.489</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.982</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Mantenimiento y conservaci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">102.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">106.247</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios externos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">176.269</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">166.176</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Transportes y seguros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">24.464</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">24.165</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos por gesti\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">26.896</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3126 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.211</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Publicidad y promoci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">48.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">48.670</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Suministros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">91.715</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">91.751</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos viajes y billetaje</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.350</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Tributos sobre actividad</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">28.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios exteriores diversos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">155.001</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">146.979</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14778 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3134_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">11.315</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3135 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">10.629</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps928_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">682.048</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3138 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">669.111</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3141 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3140_1\"><span style=\"display:inline-block;height:6.8pt;width:4.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Amortizaci\u00f3n y deterioro</span></div><div class=\"ps3142_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3143_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps5140 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:77.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss257_1\"><div><div class=\"ps3144_1 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss259_1\"><div><div class=\"ps964 ss595\"><span class=\"f charStyle-4ed8e3ec ps3145\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss261_1\"><div><div class=\"ps964 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps3146\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3149 ss263_1\"><div><div class=\"ps964 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps3148_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3151 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3153_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3152_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3154_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3155 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activos intangibles</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3156 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">15.442</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3157_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">16.902</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11292 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activo material</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3159 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">7.456</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3160_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">86.409</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3162_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-934a7fa2 ps9354\">7.498</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3163_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">77.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2502 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Derechos de uso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3164_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">3.980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3166_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">146.817</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3168_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.728)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3169 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">147.288</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-4ed8e3ec ps2200_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3171_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps11484\">11.437</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3173 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">248.668</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3175_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3174\">(231)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3176_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">242.123</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">La amortizaci\u00f3n del activo material incluye un importe de 5 millones de euros correspondiente al impacto de la amortizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">acelerada de los activos de hoteles explotados en r\u00e9gimen de arrendamiento operativo, para adaptar su vida \u00fatil a la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.49pt\">de dichos contratos de arrendamiento. El impacto en </span><span class=\"f charStyle-f47c836a ps3179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3180\" style=\"width:120.59pt\"> fue de 1,3 millones de euros.</span></div><div class=\"ps3182_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Se incluye en el ep\u00edgrafe Deterioro de Activo material el impacto negativo resultante del ajuste a valor razonable de un centro</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3183_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">hotelero situado en Reino Unido por 4 millones de euros, y el deterioro de 1,5 millones de euros sobre un activo hotelero en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.33pt\">Panam\u00e1 (ver Nota 10)</span><span class=\"f charStyle-f47c836a ps3184_1\" style=\"width:373.32pt\">. En 2024 se incluy\u00f3 el deterioro de esos mismos activos por un total de 5 millones de euros.</span><span class=\"f charStyle-f47c836a ps3185_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:4.82pt\">E</span><span class=\"f charStyle-f47c836a ps3187_1\" style=\"width:510.79pt\">l ep\u00edgrafe Deterioro de Derechos de uso recoge el importe del deterioro neto asociado a contratos de arrendamiento, como</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:498.26pt\">consecuencia de la evoluci\u00f3n de la actividad esperada durante el periodo de dichos contratos. Dicho impacto corresponde </span><span class=\"f charStyle-f47c836a ps3189_1\" style=\"width:7.53pt\">a </span><span class=\"f charStyle-f47c836a ps3190_1\" style=\"width:9.82pt\">un</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">total de 12 hoteles, de los cuales 6 est\u00e1n situados en Espa\u00f1a, 5 en Alemania y 1 en Reino Unido. Adem\u00e1s se registra la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">reversi\u00f3n del deterioro derivada de la cancelaci\u00f3n anticipada del contrato de arrendamiento de un centro situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3194_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Alemania. En 2024 la reversi\u00f3n neta del deterioro de derechos de uso correspondi\u00f3 a un total de 13 hoteles, de los cuales 7</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3196_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:103.65pt\">est\u00e1n situados en Espa\u00f1a.</span><span class=\"f charStyle-f47c836a ps3195\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span><span class=\"f charStyle-f47c836a ps3202\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-195f4023 ps12591\" style=\"width:2.5pt\"> </span></div><div class=\"ps3249 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss273_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:303pt\"></td><td style=\"padding:0;width:105.75pt\"></td><td style=\"padding:0;width:105.75pt\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss269_1\"><div><div class=\"ps2435_1 ss268_1\"><span class=\"f charStyle-28c2751e ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1999 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-28c2751e ps3205_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-4ed8e3ec ps3205_1\">2024</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps3206 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Ingresos por dividendos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3208 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">3.925</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3209 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">2.142</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps3155 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Ingresos por intereses</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3210 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">9.885</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3211 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">9.434</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps1485 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otros ingresos financieros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3213 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3212_1\">15.449</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3214 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">2.685</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps606 ss269_1\"><div><div class=\"ps2435_1 ss268_1\"><span class=\"f charStyle-28c2751e ps3217_1\">Total ingresos financieros</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3219 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-28c2751e ps7333\">29.259</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3220_1 ss270_1\"><div><div class=\"ps2435_1 ss92_1\"><span class=\"f charStyle-28c2751e ps7333\">14.261</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps3830 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Gastos por financiaci\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3223_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(43.230)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3224_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(63.585)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps7023 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Gastos por arrendamiento financiero</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3226 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(39.946)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3227 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3222_1\">(38.454)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps2522 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otros gastos financieros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3229_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(5.852)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3230_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(3.334)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps9639 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Dotaci\u00f3n provisi\u00f3n insolvencias cr\u00e9ditos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3232 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(7.000)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3233 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(3.110)</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps6200 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Variaci\u00f3n valor razonable instrumentos financieros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3234_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps3207_1\">1.492</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3235 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(3.795)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2682 ss271_1\"><div><div class=\"ps958 ss268_1\"><span class=\"f charStyle-28c2751e ps3236\">Total gastos financieros</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3239 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps1944\">(94.536)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3241 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps3240_1\">(112.277)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps4922 ss271_1\"><div><div class=\"ps1055_1 ss268_1\"><span class=\"f charStyle-934a7fa2 ps267\">Diferencias de cambio (netas)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3242_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-934a7fa2 ps1099\">(8.538)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3244_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-f47c836a ps3243\">(43)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6308 ss271_1\"><div><div class=\"ps958 ss268_1\"><span class=\"f charStyle-28c2751e ps267\">RESULTADO FINANCIERO</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3247_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps3246\">(73.815)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3248_1 ss272_1\"><div><div class=\"ps958 ss92_1\"><span class=\"f charStyle-28c2751e ps3246\">(98.059)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3251 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:358.53pt\">El epigrafe Dotaci\u00f3n provisi\u00f3n insolvencias cr\u00e9ditos incluye la dotaci\u00f3n al cr\u00e9dito de</span><span class=\"f charStyle-f47c836a ps3250_1\" style=\"width:157pt\"> determinadas inversiones financieras</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3252 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:443.53pt\">realizadas en Cuba (ver Nota 4), originada por la actualizaci\u00f3n de su valor recuperable al cierre del ejercicio.</span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El ep\u00edgrafe Otros ingresos financieros incluyen 9,1 millones de euros como resultado de la integraci\u00f3n de la sociedad Sierra</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3254 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:112.19pt\">Parima, S.A.S. (ver Nota 5).</span></div><div class=\"ps3255 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Se incluye informaci\u00f3n sobre la financiaci\u00f3n bancaria del Grupo en la Nota 13.2 y sobre la valoraci\u00f3n de instrumentos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3256_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:184.29pt\">financieros a valor razonable en la Nota 13.3.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-517": {
   "value": "<div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2997\"><span style=\"display:inline-block;height:6.8pt;width:5.98pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Ingresos operativos y plusval\u00edas de inmovilizado</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El desglose del saldo de este ep\u00edgrafe por su naturaleza en la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">2025</span><span class=\"f charStyle-f47c836a ps8620\"> y </span><span class=\"f charStyle-f47c836a ps3000_1\">2024</span><span class=\"f charStyle-f47c836a ps3001\"> es el siguiente: </span></div><div class=\"ps3025 ss0_2\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos por habitaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3005\">1.255.528</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3005\">1.194.602</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ventas comida y bebida</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">459.315</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">446.457</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos otros negocios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">40.893</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">46.371</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Honorarios gesti\u00f3n hotelera</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">72.265</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">74.283</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">93.461</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3015_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">82.069</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos inmobiliarios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.643</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3017_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">13.919</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Plusval\u00edas de inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps914 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">18.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3018_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">43.496</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">147.477</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3020_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">155.084</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5288 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3021\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3023_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps14369\">2.096.552</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3024_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps14369\">2.056.282</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3026 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El Grupo ha registrado unos ingresos por Plusval\u00edas de inmovilizado de 11 millones de euros como resultado de la revisi\u00f3n del</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.15pt\">valor de las inversiones inmobiliarias del Grupo. </span><span class=\"f charStyle-f47c836a ps3027_1\" style=\"width:317.43pt\">En el ejercicio 2024 las plusval\u00edas de inmovilizado incluyeron 39,9 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3029_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:244.44pt\">euros correspondientes a ese mismo concepto (ver Nota 11).</span></div><div class=\"ps3030_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Adicionalmente, dicho ep\u00edgrafe incluye 7,9 millones de euros correspondientes al segmento de rotaci\u00f3n de activos por la venta</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3031_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.27pt\">de terrenos escriturados en Brasil (ver Nota 10). En el ejercicio 2024 fueron 3,6 millones de euros.</span></div><div class=\"ps3032_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El ep\u00edgrafe Otros ingresos incluye la facturaci\u00f3n por comisiones de ventas y fidelizaci\u00f3n que ha ascendido a 68,3 millones de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3034 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:232.37pt\">euros. En 2024 la cifra ascendi\u00f3 a 66,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps3033\" style=\"width:2.71pt\"> </span></div><div class=\"ps3035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Se incluyen en este ep\u00edgrafe, tambi\u00e9n, ingresos procedentes de la actividad de casinos por 4 millones de euros (3,7 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:62.43pt\">euros en 2024).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-519": {
   "value": "<div class=\"ps3037_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.51pt\">7.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:48.52pt\">Consumos</span></div><div class=\"ps3042_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3044 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span><span class=\"f charStyle-0fa28a17 ps11621\" style=\"width:6.32pt\">\u00a0 </span></div><div class=\"ps3050 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo de comida y bebida</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">148.565</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">146.837</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss246_1\"><div><div class=\"ps964 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo art\u00edculos auxiliares y varios</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3009_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">31.794</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3010_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">55.552</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6857 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3048 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">180.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3049_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">202.389</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3051_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.5pt\">7.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:87.5pt\">Gastos de personal</span></div><div class=\"ps3052_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El coste de personal se desglosa del siguiente modo:</span></div><div class=\"ps3054_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sueldos, salarios y asimilados</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">483.728</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">448.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Seguros sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">105.653</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.515</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.543</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.937</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Indemnizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.217</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.819</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps500 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">617.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3053_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">570.278</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El n\u00famero medio de empleados de Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes durante los dos \u00faltimos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.9pt\">ejercicios, distribuido por categor\u00edas laborales, es el siguiente:</span><span class=\"f charStyle-f47c836a ps3058\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3110 ss0_2\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps3061 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps11622 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3064_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3066_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3068_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps11630 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3070 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3071 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">CEO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3074_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3075_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3076_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3077 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Executive Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3078 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3079 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3080 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">9</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3081 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">7</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3082 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3083 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps606 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Management Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3086_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">772</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3087_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">576</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3089_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3090_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">748</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3091 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">532</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3092 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.280</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps433 ss252_1\"><div><div class=\"ps958 ss122\"><span class=\"f charStyle-8b2dbd07 ps267\">Non Management</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3093_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.261</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3094_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3096 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.701</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3097 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.065</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3098_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.009</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3099_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.073</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-4ed8e3ec ps3100\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3103 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">10.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3105 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.016</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3106 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">19.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3107 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.820</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3108 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">8.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3109 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">18.362</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3112_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros gastos</span><span class=\"f charStyle-aa796863 ps3111_1\"> de explotaci\u00f3n</span></div><div class=\"ps3113_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3114_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps3139 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3115\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Alquileres varios y c\u00e1nones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">9.489</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.982</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Mantenimiento y conservaci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">102.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">106.247</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios externos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">176.269</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">166.176</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Transportes y seguros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">24.464</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">24.165</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos por gesti\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">26.896</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3126 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.211</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Publicidad y promoci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">48.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">48.670</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Suministros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">91.715</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">91.751</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos viajes y billetaje</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.350</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Tributos sobre actividad</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">28.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios exteriores diversos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">155.001</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">146.979</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14778 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3134_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">11.315</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3135 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">10.629</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps928_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">682.048</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3138 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">669.111</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3141 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3140_1\"><span style=\"display:inline-block;height:6.8pt;width:4.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Amortizaci\u00f3n y deterioro</span></div><div class=\"ps3142_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3143_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps5140 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:77.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss257_1\"><div><div class=\"ps3144_1 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss259_1\"><div><div class=\"ps964 ss595\"><span class=\"f charStyle-4ed8e3ec ps3145\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss261_1\"><div><div class=\"ps964 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps3146\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3149 ss263_1\"><div><div class=\"ps964 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps3148_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3151 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3153_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3152_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3154_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3155 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activos intangibles</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3156 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">15.442</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3157_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">16.902</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11292 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activo material</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3159 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">7.456</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3160_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">86.409</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3162_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-934a7fa2 ps9354\">7.498</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3163_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">77.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2502 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Derechos de uso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3164_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">3.980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3166_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">146.817</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3168_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.728)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3169 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">147.288</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-4ed8e3ec ps2200_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3171_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps11484\">11.437</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3173 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">248.668</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3175_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3174\">(231)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3176_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">242.123</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">La amortizaci\u00f3n del activo material incluye un importe de 5 millones de euros correspondiente al impacto de la amortizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">acelerada de los activos de hoteles explotados en r\u00e9gimen de arrendamiento operativo, para adaptar su vida \u00fatil a la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.49pt\">de dichos contratos de arrendamiento. El impacto en </span><span class=\"f charStyle-f47c836a ps3179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3180\" style=\"width:120.59pt\"> fue de 1,3 millones de euros.</span></div><div class=\"ps3182_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Se incluye en el ep\u00edgrafe Deterioro de Activo material el impacto negativo resultante del ajuste a valor razonable de un centro</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3183_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">hotelero situado en Reino Unido por 4 millones de euros, y el deterioro de 1,5 millones de euros sobre un activo hotelero en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.33pt\">Panam\u00e1 (ver Nota 10)</span><span class=\"f charStyle-f47c836a ps3184_1\" style=\"width:373.32pt\">. En 2024 se incluy\u00f3 el deterioro de esos mismos activos por un total de 5 millones de euros.</span><span class=\"f charStyle-f47c836a ps3185_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:4.82pt\">E</span><span class=\"f charStyle-f47c836a ps3187_1\" style=\"width:510.79pt\">l ep\u00edgrafe Deterioro de Derechos de uso recoge el importe del deterioro neto asociado a contratos de arrendamiento, como</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:498.26pt\">consecuencia de la evoluci\u00f3n de la actividad esperada durante el periodo de dichos contratos. Dicho impacto corresponde </span><span class=\"f charStyle-f47c836a ps3189_1\" style=\"width:7.53pt\">a </span><span class=\"f charStyle-f47c836a ps3190_1\" style=\"width:9.82pt\">un</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">total de 12 hoteles, de los cuales 6 est\u00e1n situados en Espa\u00f1a, 5 en Alemania y 1 en Reino Unido. Adem\u00e1s se registra la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">reversi\u00f3n del deterioro derivada de la cancelaci\u00f3n anticipada del contrato de arrendamiento de un centro situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3194_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Alemania. En 2024 la reversi\u00f3n neta del deterioro de derechos de uso correspondi\u00f3 a un total de 13 hoteles, de los cuales 7</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:103.65pt\">est\u00e1n situados en Espa\u00f1a.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-518": {
   "value": "<div class=\"ps3037_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.51pt\">7.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1705_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.75pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:48.52pt\">Consumos</span></div><div class=\"ps3042_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3044 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span><span class=\"f charStyle-0fa28a17 ps11621\" style=\"width:6.32pt\">\u00a0 </span></div><div class=\"ps3050 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo de comida y bebida</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">148.565</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">146.837</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss246_1\"><div><div class=\"ps964 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Consumo art\u00edculos auxiliares y varios</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3009_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">31.794</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3010_1 ss247_1\"><div><div class=\"ps964 ss146\"><span class=\"f charStyle-f47c836a ps3011\">55.552</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6857 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3048 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">180.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3049_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">202.389</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3051_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.5pt\">7.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:87.5pt\">Gastos de personal</span></div><div class=\"ps3052_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El coste de personal se desglosa del siguiente modo:</span></div><div class=\"ps3054_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sueldos, salarios y asimilados</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">483.728</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">448.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Seguros sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">105.653</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.515</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.543</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.937</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Indemnizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.217</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.819</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps500 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">617.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3053_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">570.278</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El n\u00famero medio de empleados de Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes durante los dos \u00faltimos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.9pt\">ejercicios, distribuido por categor\u00edas laborales, es el siguiente:</span><span class=\"f charStyle-f47c836a ps3058\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3110 ss0_2\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps3061 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps11622 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3064_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3066_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3068_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps11630 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3070 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3071 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">CEO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3074_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3075_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3076_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3077 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Executive Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3078 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3079 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3080 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">9</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3081 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">7</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3082 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3083 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps606 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Management Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3086_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">772</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3087_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">576</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3089_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3090_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">748</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3091 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">532</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3092 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.280</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps433 ss252_1\"><div><div class=\"ps958 ss122\"><span class=\"f charStyle-8b2dbd07 ps267\">Non Management</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3093_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.261</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3094_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3096 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.701</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3097 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.065</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3098_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.009</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3099_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.073</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-4ed8e3ec ps3100\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3103 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">10.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3105 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.016</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3106 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">19.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3107 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.820</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3108 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">8.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3109 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">18.362</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3112_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros gastos</span><span class=\"f charStyle-aa796863 ps3111_1\"> de explotaci\u00f3n</span></div><div class=\"ps3113_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3114_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps3139 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3115\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Alquileres varios y c\u00e1nones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">9.489</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.982</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Mantenimiento y conservaci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">102.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">106.247</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios externos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">176.269</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">166.176</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Transportes y seguros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">24.464</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">24.165</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos por gesti\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">26.896</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3126 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.211</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Publicidad y promoci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">48.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">48.670</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Suministros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">91.715</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">91.751</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos viajes y billetaje</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.350</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Tributos sobre actividad</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">28.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios exteriores diversos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">155.001</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">146.979</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14778 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3134_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">11.315</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3135 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">10.629</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps928_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">682.048</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3138 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">669.111</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3141 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3140_1\"><span style=\"display:inline-block;height:6.8pt;width:4.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Amortizaci\u00f3n y deterioro</span></div><div class=\"ps3142_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3143_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps5140 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:77.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss257_1\"><div><div class=\"ps3144_1 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss259_1\"><div><div class=\"ps964 ss595\"><span class=\"f charStyle-4ed8e3ec ps3145\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss261_1\"><div><div class=\"ps964 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps3146\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3149 ss263_1\"><div><div class=\"ps964 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps3148_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3151 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3153_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3152_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3154_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3155 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activos intangibles</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3156 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">15.442</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3157_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">16.902</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11292 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activo material</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3159 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">7.456</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3160_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">86.409</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3162_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-934a7fa2 ps9354\">7.498</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3163_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">77.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2502 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Derechos de uso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3164_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">3.980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3166_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">146.817</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3168_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.728)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3169 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">147.288</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-4ed8e3ec ps2200_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3171_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps11484\">11.437</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3173 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">248.668</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3175_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3174\">(231)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3176_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">242.123</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">La amortizaci\u00f3n del activo material incluye un importe de 5 millones de euros correspondiente al impacto de la amortizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">acelerada de los activos de hoteles explotados en r\u00e9gimen de arrendamiento operativo, para adaptar su vida \u00fatil a la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.49pt\">de dichos contratos de arrendamiento. El impacto en </span><span class=\"f charStyle-f47c836a ps3179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3180\" style=\"width:120.59pt\"> fue de 1,3 millones de euros.</span></div><div class=\"ps3182_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Se incluye en el ep\u00edgrafe Deterioro de Activo material el impacto negativo resultante del ajuste a valor razonable de un centro</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3183_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">hotelero situado en Reino Unido por 4 millones de euros, y el deterioro de 1,5 millones de euros sobre un activo hotelero en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.33pt\">Panam\u00e1 (ver Nota 10)</span><span class=\"f charStyle-f47c836a ps3184_1\" style=\"width:373.32pt\">. En 2024 se incluy\u00f3 el deterioro de esos mismos activos por un total de 5 millones de euros.</span><span class=\"f charStyle-f47c836a ps3185_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:4.82pt\">E</span><span class=\"f charStyle-f47c836a ps3187_1\" style=\"width:510.79pt\">l ep\u00edgrafe Deterioro de Derechos de uso recoge el importe del deterioro neto asociado a contratos de arrendamiento, como</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:498.26pt\">consecuencia de la evoluci\u00f3n de la actividad esperada durante el periodo de dichos contratos. Dicho impacto corresponde </span><span class=\"f charStyle-f47c836a ps3189_1\" style=\"width:7.53pt\">a </span><span class=\"f charStyle-f47c836a ps3190_1\" style=\"width:9.82pt\">un</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">total de 12 hoteles, de los cuales 6 est\u00e1n situados en Espa\u00f1a, 5 en Alemania y 1 en Reino Unido. Adem\u00e1s se registra la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3193_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">reversi\u00f3n del deterioro derivada de la cancelaci\u00f3n anticipada del contrato de arrendamiento de un centro situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3194_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Alemania. En 2024 la reversi\u00f3n neta del deterioro de derechos de uso correspondi\u00f3 a un total de 13 hoteles, de los cuales 7</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:103.65pt\">est\u00e1n situados en Espa\u00f1a.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-520": {
   "value": "<div class=\"ps3051_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.5pt\">7.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps4144\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:87.5pt\">Gastos de personal</span></div><div class=\"ps3052_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El coste de personal se desglosa del siguiente modo:</span></div><div class=\"ps3054_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps2313\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sueldos, salarios y asimilados</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">483.728</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3007_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">448.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Seguros sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">105.653</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3010_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.515</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos sociales</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.543</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3013_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.937</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Indemnizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.217</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3014_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.819</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps500 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">617.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3053_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">570.278</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-521": {
   "value": "<div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El n\u00famero medio de empleados de Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes durante los dos \u00faltimos</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.9pt\">ejercicios, distribuido por categor\u00edas laborales, es el siguiente:</span><span class=\"f charStyle-f47c836a ps3058\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3110 ss0_2\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps3061 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005D55;padding:0\"><div class=\"ps11622 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps3060_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3064_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3066_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3068_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps11630 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3063_1\">HOMBRES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3070 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps5808\">MUJERES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3071 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps11663\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">CEO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3074_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3075_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3076_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3077 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Executive Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3078 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3079 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3080 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">9</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3081 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">7</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3082 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3083 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3073\">8</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps606 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Management Level</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3086_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">772</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3087_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">576</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3089_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3090_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">748</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3091 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3085_1\">532</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3092 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps3088\">1.280</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps433 ss252_1\"><div><div class=\"ps958 ss122\"><span class=\"f charStyle-8b2dbd07 ps267\">Non Management</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3093_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.261</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3094_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3096 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.701</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3097 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">9.065</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3098_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps3088\">8.009</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3099_1 ss44\"><div><div class=\"ps958 ss43\"><span class=\"f charStyle-8b2dbd07 ps2813\">17.073</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-4ed8e3ec ps3100\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3103 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">10.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3105 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.016</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3106 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">19.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3107 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">9.820</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3108 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps14454\">8.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3109 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-4ed8e3ec ps3102\">18.362</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-522": {
   "value": "<div class=\"ps3112_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps2322_1\"><span style=\"display:inline-block;height:6.8pt;width:4.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros gastos</span><span class=\"f charStyle-aa796863 ps3111_1\"> de explotaci\u00f3n</span></div><div class=\"ps3113_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3114_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps3139 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3115\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Alquileres varios y c\u00e1nones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">9.489</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.982</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Mantenimiento y conservaci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">102.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">106.247</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios externos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">176.269</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">166.176</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Transportes y seguros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">24.464</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">24.165</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos por gesti\u00f3n bancaria</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">26.896</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3126 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.211</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Publicidad y promoci\u00f3n</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">48.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">48.670</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Suministros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">91.715</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">91.751</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos viajes y billetaje</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">9.350</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Tributos sobre actividad</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">28.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">27.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios exteriores diversos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">155.001</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">146.979</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14778 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros gastos</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3134_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">11.315</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3135 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">10.629</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps928_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">682.048</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3138 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">669.111</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-523": {
   "value": "<div class=\"ps3141 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">7.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3140_1\"><span style=\"display:inline-block;height:6.8pt;width:4.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Amortizaci\u00f3n y deterioro</span></div><div class=\"ps3142_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.56pt\">El desglose del saldo de este ep\u00edgrafe de la Cuenta de p\u00e9rdidas y ganancias consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3038\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3039\" style=\"width:11.81pt\"> y </span><span class=\"f charStyle-f47c836a ps3040\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3041_1\" style=\"width:23.47pt\"> es el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3143_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:39.75pt\">siguiente:</span></div><div class=\"ps5140 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:185.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:77.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss257_1\"><div><div class=\"ps3144_1 ss471\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2173 ss259_1\"><div><div class=\"ps964 ss595\"><span class=\"f charStyle-4ed8e3ec ps3145\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss261_1\"><div><div class=\"ps964 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps3146\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3149 ss263_1\"><div><div class=\"ps964 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps3148_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3151 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3153_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3152_1\">Deterioro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3154_1 ss265_1\"><div><div class=\"ps964 ss53\"><span class=\"f charStyle-4ed8e3ec ps3150\">Amortizaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3155 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activos intangibles</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3156 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">15.442</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3157_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">16.902</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11292 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Activo material</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3159 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">7.456</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3160_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">86.409</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3162_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-934a7fa2 ps9354\">7.498</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3163_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">77.933</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2502 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-f47c836a ps267\">Derechos de uso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3164_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-f47c836a ps3158\">3.980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3166_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">146.817</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3168_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.728)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3169 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3165\">147.288</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss135_1\"><div><div class=\"ps482 ss471\"><span class=\"f charStyle-4ed8e3ec ps2200_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3171_1 ss267_1\"><div><div class=\"ps482 ss262_1\"><span class=\"f charStyle-4ed8e3ec ps11484\">11.437</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3173 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">248.668</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3175_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3174\">(231)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3176_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">242.123</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">La amortizaci\u00f3n del activo material incluye un importe de 5 millones de euros correspondiente al impacto de la amortizaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">acelerada de los activos de hoteles explotados en r\u00e9gimen de arrendamiento operativo, para adaptar su vida \u00fatil a la duraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3181_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.49pt\">de dichos contratos de arrendamiento. El impacto en </span><span class=\"f charStyle-f47c836a ps3179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3180\" style=\"width:120.59pt\"> fue de 1,3 millones de euros.</span></div><div class=\"ps3323_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.38pt\">El detalle del coste y la amortizaci\u00f3n acumulada de los activos intangibles es el siguiente:</span></div><div class=\"ps3454_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:120pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:43.5pt\"></td><td style=\"padding:0;width:45.75pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:33pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss282_1\"><div><div class=\"ps3324_1 ss40\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6690 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3331 ss285_1\"><div><div class=\"ps3326_1 ss645\"><span class=\"f charStyle-40b73844 ps3329_1\">Amortizaci\u00f3n </span></div><div class=\"ps3327_1 ss645\"><span class=\"f charStyle-40b73844 ps3330_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3333 ss287_1\"><div><div class=\"ps3324_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1347\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps5055 ss289_1\"><div><div class=\"ps3324_1 ss288_1\"><span class=\"f charStyle-40b73844 ps3334\">Bajas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3338 ss290_1\"><div><div class=\"ps3326_1 ss110\"><span class=\"f charStyle-40b73844 ps3336\">Variaciones </span></div><div class=\"ps3327_1 ss110\"><span class=\"f charStyle-40b73844 ps3337\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps804 ss291_1\"><div><div class=\"ps3324_1 ss198_1\"><span class=\"f charStyle-40b73844 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7211 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps3341\">Diferencias </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps3342_1\">cambio</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3346 ss292_1\"><div><div class=\"ps3326_1 ss194_1\"><span class=\"f charStyle-40b73844 ps3344_1\">Saldo </span></div><div class=\"ps3327_1 ss194_1\"><span class=\"f charStyle-40b73844 ps5031\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps3347\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7123 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3349_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">27.164</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3351_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3353 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(83)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3355 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.811</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11419 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.673</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3358_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3357_1\">16.821</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3360_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">61</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3362_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.148)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3363_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">85.407</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3365_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">260.625</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3366 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">6.410</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3367_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9393\">(26)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3369_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps274\">199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3371_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps3370\">(61)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3373_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(192)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3375_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">266.956</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3376_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.274</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3378_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps2630\">18</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3380_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3379\">17</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3382_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.309</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14894 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps2489\">Total Coste</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3385_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps9351\">364.736</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3387_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps3386_1\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3389_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3391_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps1859\">(26)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3393_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3395_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3397_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3396\">(1.406)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3399_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">388.482</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6865 ss41\"><div><div class=\"ps3401_1 ss40\"><span class=\"f charStyle-40b73844 ps1243\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3753 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Derechos de Traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3404 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(18.220)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3406_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3405\">(4.135)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.090</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3409_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3408\">(21.265)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3411_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3410\">(232.030)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3412_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(11.301)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3414 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9434\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3416 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">127</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3418 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3417_1\">(243.178)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3420_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(6.140)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3422_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3421\">(7)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3423_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(11)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3425_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps2246\">(6.158)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9414 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps5039\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3429 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3428\">(256.390)</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3431_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3433_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps14386\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3435 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps14516\">26</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3437_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3436\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3438_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3440_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3439\">1.205</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3442_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps2247\">(270.601)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps886 ss301_1\"><div><div class=\"ps775_1 ss40\"><span class=\"f charStyle-40b73844 ps1402\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3444_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps9351\">108.347</span></div></div></div></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3445_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3446 ss304_1\"><div><div class=\"ps775_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3448_1 ss305_1\"><div><div class=\"ps775_1 ss288_1\"><span class=\"f charStyle-40b73844 ps1867\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3449_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps892 ss307_1\"><div><div class=\"ps775_1 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3452_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps978\">(201)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3453_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">117.882</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3455 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las altas en el ep\u00edgrafe de Derechos de traspaso corresponden a inversiones en 8 contratos de gesti\u00f3n hotelera, 3 de los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.53pt\">est\u00e1n situados en territorio nacional.</span><span class=\"f charStyle-f47c836a ps3456\" style=\"width:2.71pt\"> </span></div><div class=\"ps3457_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.44pt\">El ep\u00edgrafe de variaciones de per\u00edmetro refleja la integraci\u00f3n de una sociedad dominicana, propietaria de un centro de ocio.</span></div><div class=\"ps3458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.57pt\">El Fondo de Comercio ha incrementado su valor a causa de la integraci\u00f3n de la sociedad Crisalian, S.L. (ver Nota 5).</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El movimiento habido en los distintos ep\u00edgrafes del coste del inmovilizado material y su amortizaci\u00f3n acumulada y deterioro</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.7pt\">durante el ejercicio ha sido el siguiente:</span><span class=\"f charStyle-b914b620 ps3622_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3762_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:117.75pt\"></td><td style=\"padding:0;width:58.5pt\"></td><td style=\"padding:0;width:63.75pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:68.25pt\"></td><td style=\"padding:0;width:51pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss335_1\"><div><div class=\"ps3465 ss334_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3625_1 ss337_1\"><div><div class=\"ps3467 ss808\"><span class=\"f charStyle-40b73844 ps2039\">Saldo </span></div><div class=\"ps3469_1 ss808\"><span class=\"f charStyle-40b73844 ps3624\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3628_1 ss339_1\"><div><div class=\"ps3467 ss28\"><span class=\"f charStyle-40b73844 ps3626\">Amortizaci\u00f3n y </span></div><div class=\"ps3469_1 ss28\"><span class=\"f charStyle-40b73844 ps3627_1\">deterioro 2025</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3630_1 ss195_1\"><div><div class=\"ps3465 ss194_1\"><span class=\"f charStyle-40b73844 ps9225\">Altas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14486 ss197_1\"><div><div class=\"ps3465 ss110\"><span class=\"f charStyle-40b73844 ps3631\">Bajas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3635 ss341_1\"><div><div class=\"ps3467 ss312\"><span class=\"f charStyle-40b73844 ps1970\">Variaciones </span></div><div class=\"ps3469_1 ss312\"><span class=\"f charStyle-40b73844 ps383\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3637_1 ss343_1\"><div><div class=\"ps3467 ss150\"><span class=\"f charStyle-40b73844 ps331\">Diferencias </span></div><div class=\"ps3469_1 ss150\"><span class=\"f charStyle-40b73844 ps2019\">cambio</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3640_1 ss345_1\"><div><div class=\"ps3467 ss344_1\"><span class=\"f charStyle-40b73844 ps1264\">Saldo </span></div><div class=\"ps3469_1 ss344_1\"><span class=\"f charStyle-40b73844 ps3639\">31/12/25</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-40b73844 ps9302\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3643_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">417.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3645_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.264)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3647_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">34.965</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3649 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(7.496)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3651 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">443.248</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3653 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3652_1\">1.465.262</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3654 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">34.923</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3656 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps3655_1\">(26.071)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3657_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.408</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3659_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(50.744)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3661_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3660\">1.466.778</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3662_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">463.140</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3663_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">21.694</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3664_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.041)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3666_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">8.342</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3667_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(15.775)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3668_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">476.360</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4983 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3669 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">479.501</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3670 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3671 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(3.987)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3672 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">7.905</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3673 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(16.106)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3674 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">496.274</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1255 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Obras en curso</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3676_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps9486\">14.872</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3677_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">40.851</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3678_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(3.042)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3680_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3679\">52.681</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1280 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3681_1\">Total Coste</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3683_1 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-40b73844 ps2205_1\">2.839.817</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3685 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-40b73844 ps13057\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3686_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">126.429</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3688_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps14870\">(32.364)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3690_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-40b73844 ps3689\">94.620</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3692_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-40b73844 ps11859\">(93.162)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3693_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-40b73844 ps2198\">2.935.341</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss357_1\"><div><div class=\"ps3695_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3694\">AMORTIZACION ACUMULADA Y </span></div><div class=\"ps3697_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3696\">DETERIORO</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2682 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3699_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3577\">(5.201)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3701_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3700\">(5.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2694 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3704_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(565.266)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3706_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(67.130)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3707 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2681\">26.071</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3709_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3711_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">10.585</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3712_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(595.597)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2705 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3714_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(327.967)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3716_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3715_1\">(63)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3718_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">1.041</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3720_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps11364\">18</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3722_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps15031\">8.920</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3723 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(318.052)</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2716 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3725 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(347.011)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3726_1 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(26.670)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3728_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps14581\">(474)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3729_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">3.988</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3731_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3730\">4</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3732_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">14.948</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3733_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(355.215)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3738_1 ss357_1\"><div><div class=\"ps3735 ss334_1\"><span class=\"f charStyle-40b73844 ps11354\">Total Amortizaci\u00f3n </span></div><div class=\"ps3737 ss334_1\"><span class=\"f charStyle-40b73844 ps3736\">Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3740_1 ss811\"><div><div class=\"ps3739_1 ss808\"><span class=\"f charStyle-c9c26710 ps14864\">(1.245.444)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3742_1 ss67\"><div><div class=\"ps3739_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3744_1 ss361_1\"><div><div class=\"ps3739_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps2739\">(475)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3746_1 ss118\"><div><div class=\"ps3739_1 ss110\"><span class=\"f charStyle-c9c26710 ps3745_1\">31.099</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3748_1 ss362_1\"><div><div class=\"ps3739_1 ss312\"><span class=\"f charStyle-c9c26710 ps964\">166</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3750_1 ss198\"><div><div class=\"ps3739_1 ss150\"><span class=\"f charStyle-c9c26710 ps3749\">34.453</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3752_1 ss364_1\"><div><div class=\"ps3739_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps6069\">(1.274.065)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps6104 ss365_1\"><div><div class=\"ps3753_1 ss334_1\"><span class=\"f charStyle-c9c26710 ps2191_1\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3754_1 ss366_1\"><div><div class=\"ps3753_1 ss808\"><span class=\"f charStyle-c9c26710 ps2205_1\">1.594.373</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3755_1 ss367_1\"><div><div class=\"ps3753_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3756_1 ss368_1\"><div><div class=\"ps3753_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">125.954</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3758_1 ss369_1\"><div><div class=\"ps3753_1 ss110\"><span class=\"f charStyle-c9c26710 ps2160\">(1.265)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3759_1 ss370_1\"><div><div class=\"ps3753_1 ss312\"><span class=\"f charStyle-c9c26710 ps3689\">94.787</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3760_1 ss371_1\"><div><div class=\"ps3753_1 ss150\"><span class=\"f charStyle-c9c26710 ps11859\">(58.709)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3761_1 ss372_1\"><div><div class=\"ps3753_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps2198\">1.661.276</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3763_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las principales altas del ejercicio corresponden a inversiones y reformas en hoteles, de los que 42,9 millones se han realizado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3764_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">en Espa\u00f1a. Adem\u00e1s, se ha registrado la baja, de 1,3 millones de euros, derivada de una venta de terrenos en Brasil (ver Nota</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3765_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:19.32pt\">2.4).</span></div><div class=\"ps3766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En el ep\u00edgrafe de variaciones de per\u00edmetro se incluye la integraci\u00f3n de una sociedad en la que el Grupo participa en un 53,75%,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">por 80,1 millones de euros. Dicha sociedad es propietaria y explotadora de un hotel en Islas Canarias para el que adem\u00e1s posee</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps3768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un contrato de gesti\u00f3n con la sociedad matriz de Grupo. Tambi\u00e9n incluye la integraci\u00f3n de una sociedad dominicana,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3769_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">propietaria de un centro de ocio por 15,7 millones de euros, y a la adquisici\u00f3n previa a la fusi\u00f3n de una sociedad explotadora</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3770_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de un club de playa en Illes Balears por 1,9 millones de euros, ambas anteriormente integradas por el m\u00e9todo de puesta en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">equivalencia. Adem\u00e1s incluye 2,9 millones de euros por la baja de una sociedad propietaria de un centro hotelero en Andaluc\u00eda</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:51.66pt\">(ver Nota 5).</span></div><div class=\"ps3773_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Del saldo de Obras en curso, 33,5 millones de euros corresponden a un hotel de M\u00e9xico y 9,1 millones de euros a un hotel de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.65pt\">Rep\u00fablica Dominicana, ambos en proceso de reforma.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-524": {
   "value": "<div class=\"ps3182_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Se incluye en el ep\u00edgrafe Deterioro de Activo material el impacto negativo resultante del ajuste a valor razonable de un centro</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3183_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">hotelero situado en Reino Unido por 4 millones de euros, y el deterioro de 1,5 millones de euros sobre un activo hotelero en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:87.33pt\">Panam\u00e1 (ver Nota 10)</span><span class=\"f charStyle-f47c836a ps3184_1\" style=\"width:373.32pt\">. En 2024 se incluy\u00f3 el deterioro de esos mismos activos por un total de 5 millones de euros.</span><div class=\"ps3323_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.38pt\">El detalle del coste y la amortizaci\u00f3n acumulada de los activos intangibles es el siguiente:</span></div><div class=\"ps3454_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:120pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:43.5pt\"></td><td style=\"padding:0;width:45.75pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:33pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss282_1\"><div><div class=\"ps3324_1 ss40\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6690 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3331 ss285_1\"><div><div class=\"ps3326_1 ss645\"><span class=\"f charStyle-40b73844 ps3329_1\">Amortizaci\u00f3n </span></div><div class=\"ps3327_1 ss645\"><span class=\"f charStyle-40b73844 ps3330_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3333 ss287_1\"><div><div class=\"ps3324_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1347\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps5055 ss289_1\"><div><div class=\"ps3324_1 ss288_1\"><span class=\"f charStyle-40b73844 ps3334\">Bajas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3338 ss290_1\"><div><div class=\"ps3326_1 ss110\"><span class=\"f charStyle-40b73844 ps3336\">Variaciones </span></div><div class=\"ps3327_1 ss110\"><span class=\"f charStyle-40b73844 ps3337\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps804 ss291_1\"><div><div class=\"ps3324_1 ss198_1\"><span class=\"f charStyle-40b73844 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7211 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps3341\">Diferencias </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps3342_1\">cambio</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3346 ss292_1\"><div><div class=\"ps3326_1 ss194_1\"><span class=\"f charStyle-40b73844 ps3344_1\">Saldo </span></div><div class=\"ps3327_1 ss194_1\"><span class=\"f charStyle-40b73844 ps5031\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps3347\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7123 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3349_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">27.164</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3351_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3353 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(83)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3355 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.811</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11419 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.673</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3358_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3357_1\">16.821</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3360_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">61</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3362_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.148)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3363_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">85.407</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3365_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">260.625</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3366 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">6.410</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3367_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9393\">(26)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3369_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps274\">199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3371_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps3370\">(61)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3373_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(192)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3375_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">266.956</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3376_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.274</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3378_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps2630\">18</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3380_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3379\">17</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3382_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.309</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14894 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps2489\">Total Coste</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3385_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps9351\">364.736</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3387_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps3386_1\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3389_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3391_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps1859\">(26)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3393_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3395_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3397_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3396\">(1.406)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3399_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">388.482</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6865 ss41\"><div><div class=\"ps3401_1 ss40\"><span class=\"f charStyle-40b73844 ps1243\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3753 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Derechos de Traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3404 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(18.220)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3406_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3405\">(4.135)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.090</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3409_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3408\">(21.265)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3411_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3410\">(232.030)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3412_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(11.301)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3414 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9434\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3416 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">127</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3418 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3417_1\">(243.178)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3420_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(6.140)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3422_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3421\">(7)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3423_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(11)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3425_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps2246\">(6.158)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9414 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps5039\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3429 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3428\">(256.390)</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3431_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3433_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps14386\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3435 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps14516\">26</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3437_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3436\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3438_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3440_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3439\">1.205</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3442_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps2247\">(270.601)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps886 ss301_1\"><div><div class=\"ps775_1 ss40\"><span class=\"f charStyle-40b73844 ps1402\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3444_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps9351\">108.347</span></div></div></div></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3445_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3446 ss304_1\"><div><div class=\"ps775_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3448_1 ss305_1\"><div><div class=\"ps775_1 ss288_1\"><span class=\"f charStyle-40b73844 ps1867\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3449_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps892 ss307_1\"><div><div class=\"ps775_1 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3452_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps978\">(201)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3453_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">117.882</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3455 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las altas en el ep\u00edgrafe de Derechos de traspaso corresponden a inversiones en 8 contratos de gesti\u00f3n hotelera, 3 de los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.53pt\">est\u00e1n situados en territorio nacional.</span><span class=\"f charStyle-f47c836a ps3456\" style=\"width:2.71pt\"> </span></div><div class=\"ps3457_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.44pt\">El ep\u00edgrafe de variaciones de per\u00edmetro refleja la integraci\u00f3n de una sociedad dominicana, propietaria de un centro de ocio.</span></div><div class=\"ps3458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.57pt\">El Fondo de Comercio ha incrementado su valor a causa de la integraci\u00f3n de la sociedad Crisalian, S.L. (ver Nota 5).</span></div><div class=\"ps3615 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Como resultado de los test de deterioro realizados no se han puesto de manifiesto deterioros de los fondos de comercio del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:110.08pt\">Grupo en el ejercicio 2025.</span><span class=\"f charStyle-f47c836a ps3616\" style=\"width:377.8pt\"> En el ejercicio 2024 tampoco se pusieron de manifiesto deterioros de los fondos de comercio</span><span class=\"f charStyle-f47c836a ps3617\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps3618_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El movimiento habido en los distintos ep\u00edgrafes del coste del inmovilizado material y su amortizaci\u00f3n acumulada y deterioro</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.7pt\">durante el ejercicio ha sido el siguiente:</span><span class=\"f charStyle-b914b620 ps3622_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3762_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:117.75pt\"></td><td style=\"padding:0;width:58.5pt\"></td><td style=\"padding:0;width:63.75pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:68.25pt\"></td><td style=\"padding:0;width:51pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss335_1\"><div><div class=\"ps3465 ss334_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3625_1 ss337_1\"><div><div class=\"ps3467 ss808\"><span class=\"f charStyle-40b73844 ps2039\">Saldo </span></div><div class=\"ps3469_1 ss808\"><span class=\"f charStyle-40b73844 ps3624\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3628_1 ss339_1\"><div><div class=\"ps3467 ss28\"><span class=\"f charStyle-40b73844 ps3626\">Amortizaci\u00f3n y </span></div><div class=\"ps3469_1 ss28\"><span class=\"f charStyle-40b73844 ps3627_1\">deterioro 2025</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3630_1 ss195_1\"><div><div class=\"ps3465 ss194_1\"><span class=\"f charStyle-40b73844 ps9225\">Altas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14486 ss197_1\"><div><div class=\"ps3465 ss110\"><span class=\"f charStyle-40b73844 ps3631\">Bajas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3635 ss341_1\"><div><div class=\"ps3467 ss312\"><span class=\"f charStyle-40b73844 ps1970\">Variaciones </span></div><div class=\"ps3469_1 ss312\"><span class=\"f charStyle-40b73844 ps383\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3637_1 ss343_1\"><div><div class=\"ps3467 ss150\"><span class=\"f charStyle-40b73844 ps331\">Diferencias </span></div><div class=\"ps3469_1 ss150\"><span class=\"f charStyle-40b73844 ps2019\">cambio</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3640_1 ss345_1\"><div><div class=\"ps3467 ss344_1\"><span class=\"f charStyle-40b73844 ps1264\">Saldo </span></div><div class=\"ps3469_1 ss344_1\"><span class=\"f charStyle-40b73844 ps3639\">31/12/25</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-40b73844 ps9302\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3643_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">417.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3645_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.264)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3647_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">34.965</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3649 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(7.496)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3651 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">443.248</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3653 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3652_1\">1.465.262</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3654 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">34.923</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3656 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps3655_1\">(26.071)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3657_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.408</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3659_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(50.744)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3661_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3660\">1.466.778</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3662_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">463.140</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3663_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">21.694</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3664_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.041)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3666_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">8.342</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3667_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(15.775)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3668_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">476.360</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4983 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3669 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">479.501</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3670 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3671 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(3.987)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3672 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">7.905</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3673 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(16.106)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3674 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">496.274</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1255 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Obras en curso</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3676_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps9486\">14.872</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3677_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">40.851</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3678_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(3.042)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3680_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3679\">52.681</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1280 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3681_1\">Total Coste</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3683_1 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-40b73844 ps2205_1\">2.839.817</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3685 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-40b73844 ps13057\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3686_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">126.429</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3688_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps14870\">(32.364)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3690_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-40b73844 ps3689\">94.620</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3692_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-40b73844 ps11859\">(93.162)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3693_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-40b73844 ps2198\">2.935.341</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss357_1\"><div><div class=\"ps3695_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3694\">AMORTIZACION ACUMULADA Y </span></div><div class=\"ps3697_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3696\">DETERIORO</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2682 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3699_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3577\">(5.201)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3701_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3700\">(5.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2694 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3704_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(565.266)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3706_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(67.130)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3707 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2681\">26.071</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3709_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3711_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">10.585</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3712_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(595.597)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2705 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3714_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(327.967)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3716_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3715_1\">(63)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3718_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">1.041</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3720_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps11364\">18</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3722_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps15031\">8.920</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3723 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(318.052)</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2716 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3725 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(347.011)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3726_1 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(26.670)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3728_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps14581\">(474)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3729_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">3.988</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3731_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3730\">4</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3732_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">14.948</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3733_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(355.215)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3738_1 ss357_1\"><div><div class=\"ps3735 ss334_1\"><span class=\"f charStyle-40b73844 ps11354\">Total Amortizaci\u00f3n </span></div><div class=\"ps3737 ss334_1\"><span class=\"f charStyle-40b73844 ps3736\">Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3740_1 ss811\"><div><div class=\"ps3739_1 ss808\"><span class=\"f charStyle-c9c26710 ps14864\">(1.245.444)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3742_1 ss67\"><div><div class=\"ps3739_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3744_1 ss361_1\"><div><div class=\"ps3739_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps2739\">(475)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3746_1 ss118\"><div><div class=\"ps3739_1 ss110\"><span class=\"f charStyle-c9c26710 ps3745_1\">31.099</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3748_1 ss362_1\"><div><div class=\"ps3739_1 ss312\"><span class=\"f charStyle-c9c26710 ps964\">166</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3750_1 ss198\"><div><div class=\"ps3739_1 ss150\"><span class=\"f charStyle-c9c26710 ps3749\">34.453</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3752_1 ss364_1\"><div><div class=\"ps3739_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps6069\">(1.274.065)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps6104 ss365_1\"><div><div class=\"ps3753_1 ss334_1\"><span class=\"f charStyle-c9c26710 ps2191_1\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3754_1 ss366_1\"><div><div class=\"ps3753_1 ss808\"><span class=\"f charStyle-c9c26710 ps2205_1\">1.594.373</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3755_1 ss367_1\"><div><div class=\"ps3753_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3756_1 ss368_1\"><div><div class=\"ps3753_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">125.954</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3758_1 ss369_1\"><div><div class=\"ps3753_1 ss110\"><span class=\"f charStyle-c9c26710 ps2160\">(1.265)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3759_1 ss370_1\"><div><div class=\"ps3753_1 ss312\"><span class=\"f charStyle-c9c26710 ps3689\">94.787</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3760_1 ss371_1\"><div><div class=\"ps3753_1 ss150\"><span class=\"f charStyle-c9c26710 ps11859\">(58.709)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3761_1 ss372_1\"><div><div class=\"ps3753_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps2198\">1.661.276</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3763_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las principales altas del ejercicio corresponden a inversiones y reformas en hoteles, de los que 42,9 millones se han realizado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3764_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">en Espa\u00f1a. Adem\u00e1s, se ha registrado la baja, de 1,3 millones de euros, derivada de una venta de terrenos en Brasil (ver Nota</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3765_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:19.32pt\">2.4).</span></div><div class=\"ps3766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En el ep\u00edgrafe de variaciones de per\u00edmetro se incluye la integraci\u00f3n de una sociedad en la que el Grupo participa en un 53,75%,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">por 80,1 millones de euros. Dicha sociedad es propietaria y explotadora de un hotel en Islas Canarias para el que adem\u00e1s posee</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps3768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un contrato de gesti\u00f3n con la sociedad matriz de Grupo. Tambi\u00e9n incluye la integraci\u00f3n de una sociedad dominicana,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3769_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">propietaria de un centro de ocio por 15,7 millones de euros, y a la adquisici\u00f3n previa a la fusi\u00f3n de una sociedad explotadora</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3770_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de un club de playa en Illes Balears por 1,9 millones de euros, ambas anteriormente integradas por el m\u00e9todo de puesta en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">equivalencia. Adem\u00e1s incluye 2,9 millones de euros por la baja de una sociedad propietaria de un centro hotelero en Andaluc\u00eda</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:51.66pt\">(ver Nota 5).</span></div><div class=\"ps3773_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Del saldo de Obras en curso, 33,5 millones de euros corresponden a un hotel de M\u00e9xico y 9,1 millones de euros a un hotel de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.65pt\">Rep\u00fablica Dominicana, ambos en proceso de reforma.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-528": {
   "value": "<div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-527": {
   "value": "<div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-526": {
   "value": "<div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-525": {
   "value": "<div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:16.71pt\">7.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps3197\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:4.55pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:133.67pt\">Ingresos y gastos financieros</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El desglose por naturaleza de los importes incluidos en el resultado financiero de la Cuenta de p\u00e9rdidas y ganancias</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:118.24pt\">consolidada de los ejercicios </span><span class=\"f charStyle-f47c836a ps3198\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3199\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3200_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3201_1\" style=\"width:63.97pt\"> es el siguiente:</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-529": {
   "value": "<div class=\"ps3260 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 8.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps3258_1\"><span style=\"display:inline-block;height:11.34pt;width:0.82pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Ganancias por Acci\u00f3n</span><span class=\"f charStyle-89b3ebe7 ps3259_1\"> </span></div><div class=\"ps3261 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las ganancias b\u00e1sicas por acci\u00f3n se calculan dividiendo el beneficio neto del a\u00f1o atribuible a los accionistas ordinarios por el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.51pt\">n\u00famero medio de acciones ordinarias en circulaci\u00f3n durante el a\u00f1o.</span></div><div class=\"ps3263_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las ganancias diluidas por acci\u00f3n se calculan dividiendo el beneficio neto atribuible a los tenedores de instrumentos de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3264_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">patrimonio de la dominante por el n\u00famero medio de acciones ordinarias en circulaci\u00f3n durante el a\u00f1o. Ambas magnitudes se</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3265_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">ajustan por los efectos inherentes a las acciones potenciales con efectos dilusivos. A cierre del presente ejercicio y del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3266_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:476.69pt\">ejercicio anterior, no exist\u00edan acciones ordinarias potenciales y, por tanto, no ha sido necesario realizar dicho ajuste.</span></div><div class=\"ps3272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:214.27pt\">El siguiente cuadro refleja los c\u00e1lculos realizados en </span><span class=\"f charStyle-f47c836a ps3267\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3268_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3269\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3270_1\" style=\"width:101.12pt\"> para ambas magnitudes:</span><span class=\"f charStyle-f47c836a ps3271\" style=\"width:2.71pt\"> </span></div><div class=\"ps3314_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss275_1\"><div><div class=\"ps2226 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(unidades de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss277_1\"><div><div class=\"ps482 ss515\"><span class=\"f charStyle-4ed8e3ec ps3273\">B\u00c1SICAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss279_1\"><div><div class=\"ps482 ss278_1\"><span class=\"f charStyle-4ed8e3ec ps11312\">DILUIDAS</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3277 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3278_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3279 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3281 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps11603\">2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3072_1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps11779\">Resultado atribuido a sociedad dominante</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3284_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">170.068.765</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3285_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">140.625.846</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3286 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">170.068.765</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3288_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps3287\">140.625.846</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7153 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">N\u00famero de acciones ordinarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3291_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps12444\">220.400.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3292 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps12444\">220.400.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3293_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps12444\">220.400.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3295_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps3294\">220.400.000</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3823 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Autocartera media ponderada</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3297_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps14367\">(237.718)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3298_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps14367\">(231.779)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3299 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps14367\">(237.718)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3301_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps3300_1\">(231.779)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14598 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps3302_1\">Total n\u00famero de acciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3304 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">220.162.282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3305_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">220.168.221</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3306_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1471\">220.162.282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3307 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps3287\">220.168.221</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8247 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps3308_1\">P\u00e9rdidas / Ganancias por acci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3309_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps601_1\">0,77</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3310_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps601_1\">0,64</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3311_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps601_1\">0,77</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14430 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps3312_1\">0,64</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3315 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">La Compa\u00f1\u00eda mantiene su compromiso de ofrecer un dividendo atractivo, predecible y sostenible en el tiempo, en l\u00ednea con su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3316_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">estrategia de creaci\u00f3n de valor para el accionista. Esta pol\u00edtica es compatible con la prioridad de preservar un nivel adecuado</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3317_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:353.9pt\">de recursos propios, garantizando la capacidad de inversi\u00f3n para el crecimiento futuro.</span></div><div class=\"ps3318_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En este contexto, la Junta General de Accionistas acord\u00f3 en mayo 2025 la distribuci\u00f3n de un dividendo bruto por acci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3319_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">0,1436 euros, excluidas las acciones propias, lo que ha supuesto un desembolso de 31,6 millones de euros en el segundo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3320_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">semestre de 2025. Este importe representa un pay-out del 22,5% sobre el resultado consolidado atribuido a la sociedad</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3321_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:121.12pt\">dominante del ejercicio 2024.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Asimismo, el Consejo de Administraci\u00f3n propondr\u00e1 a la pr\u00f3xima Junta General un incremento del pay-out respecto al a\u00f1o</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:283.28pt\">anterior, con el objetivo de incrementar progresivamente dicho ratio.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-530": {
   "value": "<div class=\"ps3261 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las ganancias b\u00e1sicas por acci\u00f3n se calculan dividiendo el beneficio neto del a\u00f1o atribuible a los accionistas ordinarios por el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3262 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.51pt\">n\u00famero medio de acciones ordinarias en circulaci\u00f3n durante el a\u00f1o.</span></div><div class=\"ps3263_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las ganancias diluidas por acci\u00f3n se calculan dividiendo el beneficio neto atribuible a los tenedores de instrumentos de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3264_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">patrimonio de la dominante por el n\u00famero medio de acciones ordinarias en circulaci\u00f3n durante el a\u00f1o. Ambas magnitudes se</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3265_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">ajustan por los efectos inherentes a las acciones potenciales con efectos dilusivos. A cierre del presente ejercicio y del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps3266_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:476.69pt\">ejercicio anterior, no exist\u00edan acciones ordinarias potenciales y, por tanto, no ha sido necesario realizar dicho ajuste.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-531": {
   "value": "<div class=\"ps3322_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 9.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps2567\"><span style=\"display:inline-block;height:11.34pt;width:1.25pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps1133_1\">Activos Intangibles</span></div><div class=\"ps3323_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.38pt\">El detalle del coste y la amortizaci\u00f3n acumulada de los activos intangibles es el siguiente:</span></div><div class=\"ps3454_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:120pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:43.5pt\"></td><td style=\"padding:0;width:45.75pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:33pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss282_1\"><div><div class=\"ps3324_1 ss40\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6690 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3331 ss285_1\"><div><div class=\"ps3326_1 ss645\"><span class=\"f charStyle-40b73844 ps3329_1\">Amortizaci\u00f3n </span></div><div class=\"ps3327_1 ss645\"><span class=\"f charStyle-40b73844 ps3330_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3333 ss287_1\"><div><div class=\"ps3324_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1347\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps5055 ss289_1\"><div><div class=\"ps3324_1 ss288_1\"><span class=\"f charStyle-40b73844 ps3334\">Bajas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3338 ss290_1\"><div><div class=\"ps3326_1 ss110\"><span class=\"f charStyle-40b73844 ps3336\">Variaciones </span></div><div class=\"ps3327_1 ss110\"><span class=\"f charStyle-40b73844 ps3337\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps804 ss291_1\"><div><div class=\"ps3324_1 ss198_1\"><span class=\"f charStyle-40b73844 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7211 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps3341\">Diferencias </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps3342_1\">cambio</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3346 ss292_1\"><div><div class=\"ps3326_1 ss194_1\"><span class=\"f charStyle-40b73844 ps3344_1\">Saldo </span></div><div class=\"ps3327_1 ss194_1\"><span class=\"f charStyle-40b73844 ps5031\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps3347\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7123 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3349_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">27.164</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3351_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3353 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(83)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3355 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.811</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11419 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.673</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3358_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3357_1\">16.821</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3360_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">61</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3362_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.148)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3363_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">85.407</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3365_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">260.625</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3366 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">6.410</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3367_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9393\">(26)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3369_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps274\">199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3371_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps3370\">(61)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3373_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(192)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3375_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">266.956</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3376_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.274</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3378_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps2630\">18</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3380_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3379\">17</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3382_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.309</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14894 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps2489\">Total Coste</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3385_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps9351\">364.736</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3387_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps3386_1\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3389_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3391_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps1859\">(26)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3393_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3395_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3397_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3396\">(1.406)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3399_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">388.482</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6865 ss41\"><div><div class=\"ps3401_1 ss40\"><span class=\"f charStyle-40b73844 ps1243\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3753 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Derechos de Traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3404 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(18.220)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3406_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3405\">(4.135)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.090</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3409_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3408\">(21.265)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3411_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3410\">(232.030)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3412_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(11.301)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3414 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9434\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3416 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">127</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3418 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3417_1\">(243.178)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3420_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(6.140)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3422_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3421\">(7)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3423_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(11)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3425_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps2246\">(6.158)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9414 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps5039\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3429 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3428\">(256.390)</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3431_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3433_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps14386\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3435 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps14516\">26</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3437_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3436\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3438_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3440_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3439\">1.205</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3442_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps2247\">(270.601)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps886 ss301_1\"><div><div class=\"ps775_1 ss40\"><span class=\"f charStyle-40b73844 ps1402\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3444_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps9351\">108.347</span></div></div></div></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3445_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3446 ss304_1\"><div><div class=\"ps775_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3448_1 ss305_1\"><div><div class=\"ps775_1 ss288_1\"><span class=\"f charStyle-40b73844 ps1867\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3449_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps892 ss307_1\"><div><div class=\"ps775_1 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3452_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps978\">(201)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3453_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">117.882</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3455 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las altas en el ep\u00edgrafe de Derechos de traspaso corresponden a inversiones en 8 contratos de gesti\u00f3n hotelera, 3 de los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.53pt\">est\u00e1n situados en territorio nacional.</span><span class=\"f charStyle-f47c836a ps3456\" style=\"width:2.71pt\"> </span></div><div class=\"ps3457_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.44pt\">El ep\u00edgrafe de variaciones de per\u00edmetro refleja la integraci\u00f3n de una sociedad dominicana, propietaria de un centro de ocio.</span></div><div class=\"ps3458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.57pt\">El Fondo de Comercio ha incrementado su valor a causa de la integraci\u00f3n de la sociedad Crisalian, S.L. (ver Nota 5).</span></div><div class=\"ps3459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los activos incluidos en el ep\u00edgrafe Otro inmovilizado intangible se corresponden en su mayor\u00eda a inversiones realizadas en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3460_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.11pt\">marcas que, tal y como se explica en la Nota 3.1, no se amortizan al estimarse su vida \u00fatil indefinida.</span></div><div class=\"ps3464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.97pt\">A efectos comparativos, el detalle de estos movimientos en el ejercicio </span><span class=\"f charStyle-f47c836a ps3461_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3462_1\" style=\"width:21.85pt\"> fue: </span><span class=\"f charStyle-b914b620 ps3463_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3565_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:164.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss310_1\"><div><div class=\"ps3465 ss309_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3470_1 ss134_1\"><div><div class=\"ps3467 ss108\"><span class=\"f charStyle-40b73844 ps3466_1\">Saldo </span></div><div class=\"ps3469_1 ss108\"><span class=\"f charStyle-40b73844 ps3468\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3473 ss312_1\"><div><div class=\"ps3467 ss311_1\"><span class=\"f charStyle-40b73844 ps3471\">Amortizaci\u00f3n </span></div><div class=\"ps3469_1 ss311_1\"><span class=\"f charStyle-40b73844 ps3472_1\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1410 ss313_1\"><div><div class=\"ps3465 ss451\"><span class=\"f charStyle-40b73844 ps3474\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9526 ss315_1\"><div><div class=\"ps3465 ss602\"><span class=\"f charStyle-40b73844 ps3475\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3479_1 ss317_1\"><div><div class=\"ps3467 ss316_1\"><span class=\"f charStyle-40b73844 ps14296\">Diferencias </span></div><div class=\"ps3469_1 ss316_1\"><span class=\"f charStyle-40b73844 ps1865\">cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15000 ss312_1\"><div><div class=\"ps3467 ss311_1\"><span class=\"f charStyle-40b73844 ps9475\">Saldo </span></div><div class=\"ps3469_1 ss311_1\"><span class=\"f charStyle-40b73844 ps3481\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3483\">COSTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3486_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">27.088</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3488 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3489 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11820\">27.164</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14834 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3491 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">54.587</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3492 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">14.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3493 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps14425\">584</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3494 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11820\">69.673</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9229 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3497 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps2928\">256.593</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3498_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">4.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3500_1 ss323_1\"><div><div class=\"ps3348 ss602\"><span class=\"f charStyle-10d23c65 ps3499_1\">(425)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3501 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">36</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3503_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3502\">260.625</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2509 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3506_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3505_1\">7.437</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3508_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(163)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3509 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps1867\">7.274</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3699 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3510\">Total Coste</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3512 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps3511_1\">345.705</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3514_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps2655\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3516_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15296\">18.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3518_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps6954\">(425)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3520_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps11597\">533</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3521_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11824\">364.736</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps8247 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps604\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3753 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3523_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(13.893)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3525_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3524\">(3.751)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3526_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(576)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15048 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11865\">(18.220)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3530_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3529\">(219.284)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3531_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11865\">(13.144)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3533_1 ss323_1\"><div><div class=\"ps3348 ss602\"><span class=\"f charStyle-10d23c65 ps3532\">425</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3535_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11369\">(27)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3537_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3536\">(232.030)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3539_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3538\">(6.201)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3541_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps1281\">(7)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3542_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3543_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3524\">(6.140)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4848 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps893\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3546_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1198\">(239.378)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3548_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11652\">(16.902)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3550_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15950\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3552_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps11102\">425</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3554_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps9522\">(534)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3555_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps12460\">(256.390)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11503 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3556\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3558_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps3511_1\">106.327</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3559_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11652\">(16.902)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3560_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15296\">18.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3561_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps1840\">0</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3563_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps3562\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3564_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11824\">108.347</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:12.91pt\">Las</span><span class=\"f charStyle-f47c836a ps3566\" style=\"width:502.64pt\"> altas en Derechos de traspaso correspondieron a inversiones en cinco contratos de gesti\u00f3n hotelera, 3 de ellos situados en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77pt\">territorio nacional.</span></div><div class=\"ps3569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los activos incluidos en el ep\u00edgrafe Otro inmovilizado intangible correspondieron, en su mayor\u00eda, a inversiones realizadas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:404.97pt\">marcas que, tal como se explica en la Nota 3.1, no se amortizan al estimarse su vida \u00fatil indefinida.</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:76.23pt\">Fondo de comercio</span><span class=\"f charStyle-8dfb1947 ps3573\" style=\"width:2.71pt\"> </span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el saldo de Fondo de comercio se incluyen importes generados a consecuencia de combinaciones de negocios de acuerdo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">con lo comentado en la Nota 2.5. Tambi\u00e9n se incluyen los valores netos contables de los fondos de comercio existentes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:155.15pt\">previamente a la adopci\u00f3n de las NIIF.</span><span class=\"f charStyle-f47c836a ps3574\" style=\"width:2.71pt\"> </span></div><div class=\"ps3576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.36pt\">A\u00a0 continuaci\u00f3n, se relacionan los importes por sociedades:</span><span class=\"f charStyle-f47c836a ps3575\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3582_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Apartotel, S.A.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">504</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">504</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Metropolitan, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.181</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">1.181</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Cadstar France, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">813</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">813</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ihla Bela de Gestao e Turismo, Ltd.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">927</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">927</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Crisalian, S.L.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Lomondo, Ltd.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">5.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">5.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Alexander, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">887</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">887</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Operadora Mesol, S.A. de C.V.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">465</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">465</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Prodigios Interactivos, S.A.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">14.780</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">14.780</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sol Melia Italia S.R.L.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">2.253</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">2.253</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5292 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps924 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1547\">28.811</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3581 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps14956\">27.164</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3583 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las variaciones en el ejercicio se deben al nuevo fondo de comercio generado en la integraci\u00f3n de la sociedad Crisalian, S.L.,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3584_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.98pt\">as\u00ed como al efecto del tipo de cambio de la sociedad Lomondo Ltd.</span></div><div class=\"ps3585 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:204.15pt\">Dichas unidades se muestran en la siguiente tabla:</span></div><div class=\"ps3603_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:158.25pt\"></td><td style=\"padding:0;width:357pt\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Sociedad </span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11324 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-4ed8e3ec ps267\" style=\"width:184.59pt\">Unidades Generadoras de Efectivos (U.G.E.)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11623 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Apartotel, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps11329 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:235.5pt\">Hoteles Meli\u00e1 Castilla, Meli\u00e1 Costa del Sol y Meli\u00e1 Alicante</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Metropolitan, S.A.S.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3589 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:107.86pt\">Hotel Meli\u00e1 Paris Vend\u00f6me</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps816 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Cadstar France, S.A.S.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3591 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:340.72pt\">Hoteles Melia Collection Villa Marquis, Paris Opera y Melia Collection Maison Colbert</span><span class=\"f charStyle-f47c836a ps3590\" style=\"width:2.71pt\"> </span></div></div></div></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"><div class=\"ps3592_1 ss332_1\"><div><div class=\"ps1065_1 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Ihla Bela de Gestao e Turismo, Ltd.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3594 ss333_1\"><div><div class=\"ps1062_1 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:351.71pt\">Hoteles Melia Pen\u00ednsula Varadero, Meli\u00e1 Las Dunas, Tryp Cayo Santa Mar\u00eda, Meli\u00e1 Cayo</span><span class=\"f charStyle-f47c836a ps3593\" style=\"width:2.71pt\"> </span></div><div class=\"ps1063_1 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:199.1pt\">Santa Mar\u00eda, Tryp Habana Libre y Tryp Cayo Coco</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3734 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Crisalian, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3595_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:135.1pt\">Hotel Paradisus Salinas Lanzarote</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps4983 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Lomondo, Ltd.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3596 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:98.89pt\">Hotel Meli\u00e1 White House</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2632 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Alexander, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3597_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:133.39pt\">Hotel Meli\u00e1 Paris Champs Elys\u00e9es</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3598_1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Operadora Mesol, S.A. de C.V.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3599_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:347.75pt\">Hoteles Meli\u00e1 Cozumel, Meli\u00e1 Puerto Vallarta, Paradisus Canc\u00fan y Paradisus Los Cabos</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14180 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Prodigios Interactivos, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3601_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:131.33pt\">Plataforma distribuci\u00f3n hotelera</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1299 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Sol Melia Italia S.R.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3602 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:75.9pt\">Hotel Milan Il Duca</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.88pt\">Las unidades generadoras de efectivo se corresponden principalmente a los hoteles explotados o gestionados en cada caso. </span><span class=\"f charStyle-f47c836a ps3604\" style=\"width:9.73pt\">En</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">el caso de fondos de comercio asociados a unidades generadoras de efectivo de hoteles en propiedad o en arrendamiento, su</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">valor recuperable se eval\u00faa conjuntamente con el resto de activos de la unidad generadora de efectivo, de acuerdo con la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:147.76pt\">metodolog\u00eda descrita en la Nota 3.2.</span><span class=\"f charStyle-f47c836a ps9745\" style=\"width:2.71pt\"> </span></div><div class=\"ps3611 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.4pt\">En el caso de fondos de comercio asociados a otras unidades generadoras de efectivo, los</span><span class=\"f charStyle-f47c836a ps3610\" style=\"width:136.13pt\"> factores de riesgo que tiene en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">cuenta la Compa\u00f1\u00eda son el tipo de cambio esperado de las monedas de generaci\u00f3n del flujo de caja de cada unidad generadora</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:477.4pt\">de efectivo y el tipo de inter\u00e9s libre de riesgo en cada una de las \u00e1reas geogr\u00e1ficas donde se produce el flujo de caja.</span><span class=\"f charStyle-f47c836a ps3613_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3615 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Como resultado de los test de deterioro realizados no se han puesto de manifiesto deterioros de los fondos de comercio del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:110.08pt\">Grupo en el ejercicio 2025.</span><span class=\"f charStyle-f47c836a ps3616\" style=\"width:377.8pt\"> En el ejercicio 2024 tampoco se pusieron de manifiesto deterioros de los fondos de comercio</span><span class=\"f charStyle-f47c836a ps3617\" style=\"width:3.3pt\">.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-532": {
   "value": "<div class=\"ps3323_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:364.38pt\">El detalle del coste y la amortizaci\u00f3n acumulada de los activos intangibles es el siguiente:</span></div><div class=\"ps3454_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:120pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:43.5pt\"></td><td style=\"padding:0;width:45.75pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:33pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss282_1\"><div><div class=\"ps3324_1 ss40\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6690 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3331 ss285_1\"><div><div class=\"ps3326_1 ss645\"><span class=\"f charStyle-40b73844 ps3329_1\">Amortizaci\u00f3n </span></div><div class=\"ps3327_1 ss645\"><span class=\"f charStyle-40b73844 ps3330_1\">2025</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3333 ss287_1\"><div><div class=\"ps3324_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1347\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps5055 ss289_1\"><div><div class=\"ps3324_1 ss288_1\"><span class=\"f charStyle-40b73844 ps3334\">Bajas</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3338 ss290_1\"><div><div class=\"ps3326_1 ss110\"><span class=\"f charStyle-40b73844 ps3336\">Variaciones </span></div><div class=\"ps3327_1 ss110\"><span class=\"f charStyle-40b73844 ps3337\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps804 ss291_1\"><div><div class=\"ps3324_1 ss198_1\"><span class=\"f charStyle-40b73844 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7211 ss284_1\"><div><div class=\"ps3326_1 ss451\"><span class=\"f charStyle-40b73844 ps3341\">Diferencias </span></div><div class=\"ps3327_1 ss451\"><span class=\"f charStyle-40b73844 ps3342_1\">cambio</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3346 ss292_1\"><div><div class=\"ps3326_1 ss194_1\"><span class=\"f charStyle-40b73844 ps3344_1\">Saldo </span></div><div class=\"ps3327_1 ss194_1\"><span class=\"f charStyle-40b73844 ps5031\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps3347\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7123 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3349_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">27.164</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3351_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3353 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(83)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3355 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.811</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2502 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11419 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.673</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3358_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3357_1\">16.821</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3360_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">61</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3362_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.148)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3363_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">85.407</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3365_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">260.625</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3366 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-10d23c65 ps3350\">6.410</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3367_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9393\">(26)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3369_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps274\">199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3371_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-10d23c65 ps3370\">(61)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3373_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(192)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3375_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">266.956</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3376_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.274</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3378_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-10d23c65 ps2630\">18</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3380_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3379\">17</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3382_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.309</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps14894 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps2489\">Total Coste</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3385_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps9351\">364.736</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3387_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps3386_1\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3389_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3391_1 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps1859\">(26)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3393_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3395_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3397_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3396\">(1.406)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3399_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">388.482</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6865 ss41\"><div><div class=\"ps3401_1 ss40\"><span class=\"f charStyle-40b73844 ps1243\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3753 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Derechos de Traspaso</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3404 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(18.220)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3406_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3405\">(4.135)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.090</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3409_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3408\">(21.265)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-fb61828c ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3411_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3410\">(232.030)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3412_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps1349\">(11.301)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3414 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-10d23c65 ps9434\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3416 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">127</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3418 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps3417_1\">(243.178)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3420_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(6.140)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3422_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-10d23c65 ps3421\">(7)</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3423_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(11)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3425_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-10d23c65 ps2246\">(6.158)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9414 ss293_1\"><div><div class=\"ps3348 ss40\"><span class=\"f charStyle-40b73844 ps5039\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3429 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3428\">(256.390)</span></div></div></div></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3431_1 ss299_1\"><div><div class=\"ps3348 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3433_1 ss295_1\"><div><div class=\"ps3348 ss286_1\"><span class=\"f charStyle-40b73844 ps14386\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3435 ss298_1\"><div><div class=\"ps3348 ss288_1\"><span class=\"f charStyle-40b73844 ps14516\">26</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3437_1 ss233_1\"><div><div class=\"ps3348 ss110\"><span class=\"f charStyle-40b73844 ps3436\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3438_1 ss297_1\"><div><div class=\"ps3348 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3440_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-40b73844 ps3439\">1.205</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3442_1 ss296_1\"><div><div class=\"ps3348 ss194_1\"><span class=\"f charStyle-40b73844 ps2247\">(270.601)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps886 ss301_1\"><div><div class=\"ps775_1 ss40\"><span class=\"f charStyle-40b73844 ps1402\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3444_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps9351\">108.347</span></div></div></div></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3445_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-40b73844 ps6959\">(15.442)</span></div></div></div></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3446 ss304_1\"><div><div class=\"ps775_1 ss286_1\"><span class=\"f charStyle-40b73844 ps1863\">24.961</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3448_1 ss305_1\"><div><div class=\"ps775_1 ss288_1\"><span class=\"f charStyle-40b73844 ps1867\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3449_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps3392\">218</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps892 ss307_1\"><div><div class=\"ps775_1 ss198_1\"><span class=\"f charStyle-40b73844 ps11405\">0</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3452_1 ss302_1\"><div><div class=\"ps775_1 ss451\"><span class=\"f charStyle-40b73844 ps978\">(201)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3453_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">117.882</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3455 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las altas en el ep\u00edgrafe de Derechos de traspaso corresponden a inversiones en 8 contratos de gesti\u00f3n hotelera, 3 de los cuales</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3253 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:149.53pt\">est\u00e1n situados en territorio nacional.</span><span class=\"f charStyle-f47c836a ps3456\" style=\"width:2.71pt\"> </span></div><div class=\"ps3457_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.44pt\">El ep\u00edgrafe de variaciones de per\u00edmetro refleja la integraci\u00f3n de una sociedad dominicana, propietaria de un centro de ocio.</span></div><div class=\"ps3458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:469.57pt\">El Fondo de Comercio ha incrementado su valor a causa de la integraci\u00f3n de la sociedad Crisalian, S.L. (ver Nota 5).</span></div><div class=\"ps3459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Los activos incluidos en el ep\u00edgrafe Otro inmovilizado intangible se corresponden en su mayor\u00eda a inversiones realizadas en</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3460_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.11pt\">marcas que, tal y como se explica en la Nota 3.1, no se amortizan al estimarse su vida \u00fatil indefinida.</span></div><div class=\"ps3464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:291.97pt\">A efectos comparativos, el detalle de estos movimientos en el ejercicio </span><span class=\"f charStyle-f47c836a ps3461_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3462_1\" style=\"width:21.85pt\"> fue: </span><span class=\"f charStyle-b914b620 ps3463_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3565_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:164.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss310_1\"><div><div class=\"ps3465 ss309_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3470_1 ss134_1\"><div><div class=\"ps3467 ss108\"><span class=\"f charStyle-40b73844 ps3466_1\">Saldo </span></div><div class=\"ps3469_1 ss108\"><span class=\"f charStyle-40b73844 ps3468\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3473 ss312_1\"><div><div class=\"ps3467 ss311_1\"><span class=\"f charStyle-40b73844 ps3471\">Amortizaci\u00f3n </span></div><div class=\"ps3469_1 ss311_1\"><span class=\"f charStyle-40b73844 ps3472_1\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1410 ss313_1\"><div><div class=\"ps3465 ss451\"><span class=\"f charStyle-40b73844 ps3474\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps9526 ss315_1\"><div><div class=\"ps3465 ss602\"><span class=\"f charStyle-40b73844 ps3475\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3479_1 ss317_1\"><div><div class=\"ps3467 ss316_1\"><span class=\"f charStyle-40b73844 ps14296\">Diferencias </span></div><div class=\"ps3469_1 ss316_1\"><span class=\"f charStyle-40b73844 ps1865\">cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15000 ss312_1\"><div><div class=\"ps3467 ss311_1\"><span class=\"f charStyle-40b73844 ps9475\">Saldo </span></div><div class=\"ps3469_1 ss311_1\"><span class=\"f charStyle-40b73844 ps3481\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3483\">COSTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Fondo de comercio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3486_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">27.088</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3488 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3489 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11820\">27.164</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14834 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3491 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">54.587</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3492 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">14.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3493 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps14425\">584</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3494 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11820\">69.673</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9229 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones inform\u00e1ticas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3497 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps2928\">256.593</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3498_1 ss294_1\"><div><div class=\"ps3348 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">4.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3500_1 ss323_1\"><div><div class=\"ps3348 ss602\"><span class=\"f charStyle-10d23c65 ps3499_1\">(425)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3501 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">36</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3503_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3502\">260.625</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2509 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3506_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3505_1\">7.437</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3508_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(163)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3509 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps1867\">7.274</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3699 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3510\">Total Coste</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3512 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps3511_1\">345.705</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3514_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps2655\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3516_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15296\">18.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3518_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps6954\">(425)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3520_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps11597\">533</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3521_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11824\">364.736</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps8247 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps604\">AMORTIZACION ACUMULADA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3753 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Derechos de traspaso</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3523_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(13.893)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3525_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3524\">(3.751)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3526_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(576)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15048 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11865\">(18.220)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5288 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Aplicaciones Inform\u00e1ticas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3530_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3529\">(219.284)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3531_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps11865\">(13.144)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3533_1 ss323_1\"><div><div class=\"ps3348 ss602\"><span class=\"f charStyle-10d23c65 ps3532\">425</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3535_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11369\">(27)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3537_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3536\">(232.030)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1537 ss319_1\"><div><div class=\"ps3348 ss309_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro Inmovilizado intangible</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3539_1 ss320_1\"><div><div class=\"ps3348 ss108\"><span class=\"f charStyle-10d23c65 ps3538\">(6.201)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3541_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps1281\">(7)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3542_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3543_1 ss322_1\"><div><div class=\"ps3348 ss311_1\"><span class=\"f charStyle-10d23c65 ps3524\">(6.140)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4848 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps893\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3546_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1198\">(239.378)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3548_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11652\">(16.902)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3550_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15950\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3552_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps11102\">425</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3554_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps9522\">(534)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3555_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps12460\">(256.390)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11503 ss318_1\"><div><div class=\"ps649 ss309_1\"><span class=\"f charStyle-40b73844 ps3556\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3558_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps3511_1\">106.327</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3559_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11652\">(16.902)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3560_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps15296\">18.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3561_1 ss326_1\"><div><div class=\"ps649 ss602\"><span class=\"f charStyle-40b73844 ps1840\">0</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3563_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-40b73844 ps3562\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3564_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-40b73844 ps11824\">108.347</span></div></div></div></td></tr></tbody></table></div></div></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:12.91pt\">Las</span><div class=\"ps3569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los activos incluidos en el ep\u00edgrafe Otro inmovilizado intangible correspondieron, en su mayor\u00eda, a inversiones realizadas en</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:404.97pt\">marcas que, tal como se explica en la Nota 3.1, no se amortizan al estimarse su vida \u00fatil indefinida.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-533": {
   "value": "<div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:76.23pt\">Fondo de comercio</span><span class=\"f charStyle-8dfb1947 ps3573\" style=\"width:2.71pt\"> </span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el saldo de Fondo de comercio se incluyen importes generados a consecuencia de combinaciones de negocios de acuerdo</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">con lo comentado en la Nota 2.5. Tambi\u00e9n se incluyen los valores netos contables de los fondos de comercio existentes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:155.15pt\">previamente a la adopci\u00f3n de las NIIF.</span><span class=\"f charStyle-f47c836a ps3574\" style=\"width:2.71pt\"> </span></div><div class=\"ps3576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.36pt\">A\u00a0 continuaci\u00f3n, se relacionan los importes por sociedades:</span><span class=\"f charStyle-f47c836a ps3575\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3582_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Apartotel, S.A.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">504</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">504</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Metropolitan, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.181</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">1.181</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Cadstar France, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">813</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">813</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ihla Bela de Gestao e Turismo, Ltd.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">927</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">927</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Crisalian, S.L.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps905 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.730</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps708 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Lomondo, Ltd.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps910 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">5.272</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3127 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">5.355</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps722 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Alexander, S.A.S.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps914 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">887</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3128 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">887</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8155 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Operadora Mesol, S.A. de C.V.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3019 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">465</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3129 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3579\">465</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2445 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Prodigios Interactivos, S.A.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3130_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">14.780</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3131_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">14.780</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9403 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Sol Melia Italia S.R.L.</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3132_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">2.253</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3133_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">2.253</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5292 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps924 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps1547\">28.811</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3581 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps14956\">27.164</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3583 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las variaciones en el ejercicio se deben al nuevo fondo de comercio generado en la integraci\u00f3n de la sociedad Crisalian, S.L.,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3584_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.98pt\">as\u00ed como al efecto del tipo de cambio de la sociedad Lomondo Ltd.</span></div><div class=\"ps3585 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:204.15pt\">Dichas unidades se muestran en la siguiente tabla:</span></div><div class=\"ps3603_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:158.25pt\"></td><td style=\"padding:0;width:357pt\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Sociedad </span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11324 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-4ed8e3ec ps267\" style=\"width:184.59pt\">Unidades Generadoras de Efectivos (U.G.E.)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps11623 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Apartotel, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps11329 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:235.5pt\">Hoteles Meli\u00e1 Castilla, Meli\u00e1 Costa del Sol y Meli\u00e1 Alicante</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Metropolitan, S.A.S.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3589 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:107.86pt\">Hotel Meli\u00e1 Paris Vend\u00f6me</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps816 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Cadstar France, S.A.S.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3591 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:340.72pt\">Hoteles Melia Collection Villa Marquis, Paris Opera y Melia Collection Maison Colbert</span><span class=\"f charStyle-f47c836a ps3590\" style=\"width:2.71pt\"> </span></div></div></div></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"><div class=\"ps3592_1 ss332_1\"><div><div class=\"ps1065_1 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Ihla Bela de Gestao e Turismo, Ltd.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3594 ss333_1\"><div><div class=\"ps1062_1 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:351.71pt\">Hoteles Melia Pen\u00ednsula Varadero, Meli\u00e1 Las Dunas, Tryp Cayo Santa Mar\u00eda, Meli\u00e1 Cayo</span><span class=\"f charStyle-f47c836a ps3593\" style=\"width:2.71pt\"> </span></div><div class=\"ps1063_1 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:199.1pt\">Santa Mar\u00eda, Tryp Habana Libre y Tryp Cayo Coco</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3734 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Crisalian, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3595_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:135.1pt\">Hotel Paradisus Salinas Lanzarote</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps4983 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Lomondo, Ltd.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3596 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:98.89pt\">Hotel Meli\u00e1 White House</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2632 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Alexander, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3597_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:133.39pt\">Hotel Meli\u00e1 Paris Champs Elys\u00e9es</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3598_1 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Operadora Mesol, S.A. de C.V.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3599_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:347.75pt\">Hoteles Meli\u00e1 Cozumel, Meli\u00e1 Puerto Vallarta, Paradisus Canc\u00fan y Paradisus Los Cabos</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14180 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Prodigios Interactivos, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3601_1 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:131.33pt\">Plataforma distribuci\u00f3n hotelera</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1299 ss329_1\"><div><div class=\"ps964 ss328_1\"><span class=\"f charStyle-f47c836a ps267\">Sol Melia Italia S.R.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps3602 ss331_1\"><div><div class=\"ps964 ss330_1\" style=\"text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps267\" style=\"width:75.9pt\">Hotel Milan Il Duca</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3605_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.88pt\">Las unidades generadoras de efectivo se corresponden principalmente a los hoteles explotados o gestionados en cada caso. </span><span class=\"f charStyle-f47c836a ps3604\" style=\"width:9.73pt\">En</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">el caso de fondos de comercio asociados a unidades generadoras de efectivo de hoteles en propiedad o en arrendamiento, su</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3607_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">valor recuperable se eval\u00faa conjuntamente con el resto de activos de la unidad generadora de efectivo, de acuerdo con la</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3609_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:147.76pt\">metodolog\u00eda descrita en la Nota 3.2.</span><span class=\"f charStyle-f47c836a ps9745\" style=\"width:2.71pt\"> </span></div><div class=\"ps3611 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.4pt\">En el caso de fondos de comercio asociados a otras unidades generadoras de efectivo, los</span><span class=\"f charStyle-f47c836a ps3610\" style=\"width:136.13pt\"> factores de riesgo que tiene en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3612_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">cuenta la Compa\u00f1\u00eda son el tipo de cambio esperado de las monedas de generaci\u00f3n del flujo de caja de cada unidad generadora</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3614_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:477.4pt\">de efectivo y el tipo de inter\u00e9s libre de riesgo en cada una de las \u00e1reas geogr\u00e1ficas donde se produce el flujo de caja.</span><span class=\"f charStyle-f47c836a ps3613_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3615 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Como resultado de los test de deterioro realizados no se han puesto de manifiesto deterioros de los fondos de comercio del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:110.08pt\">Grupo en el ejercicio 2025.</span><span class=\"f charStyle-f47c836a ps3616\" style=\"width:377.8pt\"> En el ejercicio 2024 tampoco se pusieron de manifiesto deterioros de los fondos de comercio</span><span class=\"f charStyle-f47c836a ps3617\" style=\"width:3.3pt\">.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-534": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_52\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 10.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps3620_1\"><span style=\"display:inline-block;height:11.34pt;width:8.42pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Inmovilizado Material</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El movimiento habido en los distintos ep\u00edgrafes del coste del inmovilizado material y su amortizaci\u00f3n acumulada y deterioro</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:163.7pt\">durante el ejercicio ha sido el siguiente:</span><span class=\"f charStyle-b914b620 ps3622_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3762_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:117.75pt\"></td><td style=\"padding:0;width:58.5pt\"></td><td style=\"padding:0;width:63.75pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:48.75pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:68.25pt\"></td><td style=\"padding:0;width:51pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss335_1\"><div><div class=\"ps3465 ss334_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3625_1 ss337_1\"><div><div class=\"ps3467 ss808\"><span class=\"f charStyle-40b73844 ps2039\">Saldo </span></div><div class=\"ps3469_1 ss808\"><span class=\"f charStyle-40b73844 ps3624\">31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3628_1 ss339_1\"><div><div class=\"ps3467 ss28\"><span class=\"f charStyle-40b73844 ps3626\">Amortizaci\u00f3n y </span></div><div class=\"ps3469_1 ss28\"><span class=\"f charStyle-40b73844 ps3627_1\">deterioro 2025</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3630_1 ss195_1\"><div><div class=\"ps3465 ss194_1\"><span class=\"f charStyle-40b73844 ps9225\">Altas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14486 ss197_1\"><div><div class=\"ps3465 ss110\"><span class=\"f charStyle-40b73844 ps3631\">Bajas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3635 ss341_1\"><div><div class=\"ps3467 ss312\"><span class=\"f charStyle-40b73844 ps1970\">Variaciones </span></div><div class=\"ps3469_1 ss312\"><span class=\"f charStyle-40b73844 ps383\">Per\u00edmetro</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3637_1 ss343_1\"><div><div class=\"ps3467 ss150\"><span class=\"f charStyle-40b73844 ps331\">Diferencias </span></div><div class=\"ps3469_1 ss150\"><span class=\"f charStyle-40b73844 ps2019\">cambio</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3640_1 ss345_1\"><div><div class=\"ps3467 ss344_1\"><span class=\"f charStyle-40b73844 ps1264\">Saldo </span></div><div class=\"ps3469_1 ss344_1\"><span class=\"f charStyle-40b73844 ps3639\">31/12/25</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps427 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-40b73844 ps9302\">COSTE</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3643_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">417.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3645_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.264)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3647_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">34.965</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3649 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(7.496)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3651 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">443.248</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3653 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3652_1\">1.465.262</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3654 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">34.923</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3656 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps3655_1\">(26.071)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3657_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.408</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3659_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(50.744)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3661_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3660\">1.466.778</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3662_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">463.140</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3663_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">21.694</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3664_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(1.041)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3666_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">8.342</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3667_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(15.775)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3668_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">476.360</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4983 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3669 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps11670\">479.501</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3670 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">28.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3671 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps15281\">(3.987)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3672 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps15276\">7.905</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3673 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps14389\">(16.106)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3674 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps310\">496.274</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1255 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Obras en curso</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3676_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps9486\">14.872</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3677_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">40.851</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3678_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps3648\">(3.042)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3680_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3679\">52.681</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1280 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3681_1\">Total Coste</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3683_1 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-40b73844 ps2205_1\">2.839.817</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3685 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-40b73844 ps13057\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3686_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-40b73844 ps1274\">126.429</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3688_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-40b73844 ps14870\">(32.364)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3690_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-40b73844 ps3689\">94.620</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3692_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-40b73844 ps11859\">(93.162)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3693_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-40b73844 ps2198\">2.935.341</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss357_1\"><div><div class=\"ps3695_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3694\">AMORTIZACION ACUMULADA Y </span></div><div class=\"ps3697_1 ss334_1\"><span class=\"f charStyle-40b73844 ps3696\">DETERIORO</span></div></div></div></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2682 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3699_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3577\">(5.201)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3701_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3700\">(5.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2694 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3704_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(565.266)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3706_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(67.130)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3707 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2681\">26.071</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3709_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3711_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">10.585</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3712_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(595.597)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2705 ss346_1\"><div><div class=\"ps649 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3714_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(327.967)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3716_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3715_1\">(63)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3718_1 ss212_1\"><div><div class=\"ps649 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">1.041</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3720_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps11364\">18</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3722_1 ss349_1\"><div><div class=\"ps649 ss150\"><span class=\"f charStyle-10d23c65 ps15031\">8.920</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3723 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(318.052)</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2716 ss351_1\"><div><div class=\"ps775_1 ss334_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3725 ss352_1\"><div><div class=\"ps775_1 ss808\"><span class=\"f charStyle-10d23c65 ps3703\">(347.011)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3726_1 ss353_1\"><div><div class=\"ps775_1 ss28\"><span class=\"f charStyle-10d23c65 ps11432\">(26.670)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3728_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps14581\">(474)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3729_1 ss306_1\"><div><div class=\"ps775_1 ss110\"><span class=\"f charStyle-10d23c65 ps2193\">3.988</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3731_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3730\">4</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3732_1 ss355_1\"><div><div class=\"ps775_1 ss150\"><span class=\"f charStyle-10d23c65 ps11595\">14.948</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3733_1 ss356_1\"><div><div class=\"ps775_1 ss344_1\"><span class=\"f charStyle-10d23c65 ps1312\">(355.215)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3738_1 ss357_1\"><div><div class=\"ps3735 ss334_1\"><span class=\"f charStyle-40b73844 ps11354\">Total Amortizaci\u00f3n </span></div><div class=\"ps3737 ss334_1\"><span class=\"f charStyle-40b73844 ps3736\">Acumulada</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3740_1 ss811\"><div><div class=\"ps3739_1 ss808\"><span class=\"f charStyle-c9c26710 ps14864\">(1.245.444)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3742_1 ss67\"><div><div class=\"ps3739_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3744_1 ss361_1\"><div><div class=\"ps3739_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps2739\">(475)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3746_1 ss118\"><div><div class=\"ps3739_1 ss110\"><span class=\"f charStyle-c9c26710 ps3745_1\">31.099</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3748_1 ss362_1\"><div><div class=\"ps3739_1 ss312\"><span class=\"f charStyle-c9c26710 ps964\">166</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3750_1 ss198\"><div><div class=\"ps3739_1 ss150\"><span class=\"f charStyle-c9c26710 ps3749\">34.453</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3752_1 ss364_1\"><div><div class=\"ps3739_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps6069\">(1.274.065)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps6104 ss365_1\"><div><div class=\"ps3753_1 ss334_1\"><span class=\"f charStyle-c9c26710 ps2191_1\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3754_1 ss366_1\"><div><div class=\"ps3753_1 ss808\"><span class=\"f charStyle-c9c26710 ps2205_1\">1.594.373</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3755_1 ss367_1\"><div><div class=\"ps3753_1 ss28\"><span class=\"f charStyle-c9c26710 ps1270\">(93.864)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3756_1 ss368_1\"><div><div class=\"ps3753_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">125.954</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3758_1 ss369_1\"><div><div class=\"ps3753_1 ss110\"><span class=\"f charStyle-c9c26710 ps2160\">(1.265)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3759_1 ss370_1\"><div><div class=\"ps3753_1 ss312\"><span class=\"f charStyle-c9c26710 ps3689\">94.787</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3760_1 ss371_1\"><div><div class=\"ps3753_1 ss150\"><span class=\"f charStyle-c9c26710 ps11859\">(58.709)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3761_1 ss372_1\"><div><div class=\"ps3753_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps2198\">1.661.276</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3763_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las principales altas del ejercicio corresponden a inversiones y reformas en hoteles, de los que 42,9 millones se han realizado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3764_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">en Espa\u00f1a. Adem\u00e1s, se ha registrado la baja, de 1,3 millones de euros, derivada de una venta de terrenos en Brasil (ver Nota</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3765_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:19.32pt\">2.4).</span></div><div class=\"ps3766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En el ep\u00edgrafe de variaciones de per\u00edmetro se incluye la integraci\u00f3n de una sociedad en la que el Grupo participa en un 53,75%,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">por 80,1 millones de euros. Dicha sociedad es propietaria y explotadora de un hotel en Islas Canarias para el que adem\u00e1s posee</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps3768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">un contrato de gesti\u00f3n con la sociedad matriz de Grupo. Tambi\u00e9n incluye la integraci\u00f3n de una sociedad dominicana,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3769_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">propietaria de un centro de ocio por 15,7 millones de euros, y a la adquisici\u00f3n previa a la fusi\u00f3n de una sociedad explotadora</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3770_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">de un club de playa en Illes Balears por 1,9 millones de euros, ambas anteriormente integradas por el m\u00e9todo de puesta en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">equivalencia. Adem\u00e1s incluye 2,9 millones de euros por la baja de una sociedad propietaria de un centro hotelero en Andaluc\u00eda</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:51.66pt\">(ver Nota 5).</span></div><div class=\"ps3773_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Del saldo de Obras en curso, 33,5 millones de euros corresponden a un hotel de M\u00e9xico y 9,1 millones de euros a un hotel de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.65pt\">Rep\u00fablica Dominicana, ambos en proceso de reforma.</span></div><div class=\"ps3775 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El gasto de amortizaci\u00f3n y deterioro incluye una correcci\u00f3n valorativa de 4 millones de euros en un hotel de Reino Unido y 1,5</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3776 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">millones de euros en un activo hotelero de Panam\u00e1, debido al ajuste del valor de los activos a su valor razonable previo a su</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3777 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.13pt\">baja (ver Nota 7.5).</span></div><div class=\"ps3778 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El tipo de cambio ha afectado negativamente al valor del inmovilizado debido a la depreciaci\u00f3n del d\u00f3lar y de la libra esterlina </span></div><div class=\"ps3779 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">frente al euro. </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:245.41pt\">A\u00a0 efectos comparativos se presentan las cifras del ejercicio </span><span class=\"f charStyle-f47c836a ps3780_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3781_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps3782_1\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps2268 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3.75pt\"></td><td style=\"padding:0;width:71.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:41.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:51pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:30.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss374_1\"><div><div class=\"ps3783 ss366\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3786_1 ss375_1\"><div><div class=\"ps3784 ss451\"><span class=\"f charStyle-40b73844 ps14819\">Saldo </span></div><div class=\"ps3785 ss451\"><span class=\"f charStyle-40b73844 ps2804_1\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14484 ss377_1\"><div><div class=\"ps3788_1 ss376_1\"><span class=\"f charStyle-40b73844 ps3787\">Amortizaci\u00f3n y </span></div><div class=\"ps3790_1 ss376_1\"><span class=\"f charStyle-40b73844 ps14859\">deterioro 2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3792_1 ss379_1\"><div><div class=\"ps3783 ss556\"><span class=\"f charStyle-c9c26710 ps2580_1\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3794_1 ss381_1\"><div><div class=\"ps3783 ss1\"><span class=\"f charStyle-c9c26710 ps6331\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps10203 ss382_1\"><div><div class=\"ps3783 ss198_1\"><span class=\"f charStyle-c9c26710 ps423\">Traspasos</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3798_1 ss383_1\"><div><div class=\"ps3788_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps3685\">Diferencias </span></div><div class=\"ps3790_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps3797\">cambio</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3800_1 ss384_1\"><div><div class=\"ps3788_1 ss43\"><span class=\"f charStyle-40b73844 ps3799\">Saldo </span></div><div class=\"ps3790_1 ss43\"><span class=\"f charStyle-40b73844 ps3350\">31/12/24</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3516 ss385_1\"><div><div class=\"ps2107_1 ss366\"><span class=\"f charStyle-cf804784 ps3801\">COSTE</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3802_1 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3803_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">411.784</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3805_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps1469\">(2.748)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3807_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1276\">8.007</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3809 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps3808_1\">417.042</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1497 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3810 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.413.086</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3812 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps2188\">16.501</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3813_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps1469\">(7.348)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3814 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps5807\">56</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3815_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3679\">42.968</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3817_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps15247\">1.465.262</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14888 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3819_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">448.364</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3820_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps2188\">13.490</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3821_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps1469\">(7.585)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3823_1 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps14519\">175</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3824_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1276\">8.695</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3825_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps3808_1\">463.140</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2516 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3827_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">464.930</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3828 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps2188\">20.977</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3830_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-10d23c65 ps3829\">(24.549)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11064 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps11646\">8.190</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3833_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps1276\">9.954</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3834 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps3808_1\">479.501</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11122 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Obras en curso</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3836 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">11.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3838_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-10d23c65 ps3837\">2.798</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3840_1 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-10d23c65 ps3839\">(280)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3842_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-10d23c65 ps3841_1\">382</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3844_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-10d23c65 ps5044\">14.872</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps2445 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-40b73844 ps11293\">Total Coste</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3846_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2266_1\">2.750.136</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3848_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-c9c26710 ps3847\">0</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3850_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-c9c26710 ps1812\">53.766</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3852_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-c9c26710 ps2931\">(42.230)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3853_1 ss213_1\"><div><div class=\"ps649 ss198_1\"><span class=\"f charStyle-c9c26710 ps753\">8.141</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3854_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-c9c26710 ps979\">70.005</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3856_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-c9c26710 ps3855\">2.839.817</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:23.25pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5290 ss390_1\"><div><div class=\"ps3858_1 ss366\"><span class=\"f charStyle-40b73844 ps5057\">AMORTIZACION ACUMULADA Y </span></div><div class=\"ps3860_1 ss366\"><span class=\"f charStyle-40b73844 ps12603\">DETERIORO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15516 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-f9c6b3ad ps267\">Terrenos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3862_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3361\">(5.201)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3864_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps9488\">(5.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14469 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3866_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3410\">(516.072)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3868 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-f9c6b3ad ps2772\">(40.361)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3870 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-f9c6b3ad ps3869_1\">7.348</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3872_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-f9c6b3ad ps3871\">(16.182)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3874_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps3873\">(565.266)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6230 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Instal t\u00e9cnicas y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3876_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3410\">(307.844)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3877_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-f9c6b3ad ps2772\">(22.857)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3878_1 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-f9c6b3ad ps3869_1\">7.585</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3879_1 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-f9c6b3ad ps3700\">(4.851)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3880_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps3873\">(327.967)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3881_1 ss385_1\"><div><div class=\"ps649 ss366\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado material</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3882_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-f9c6b3ad ps3410\">(342.868)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3883_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-f9c6b3ad ps2772\">(21.935)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3885_1 ss388_1\"><div><div class=\"ps649 ss556\"><span class=\"f charStyle-f9c6b3ad ps3884\">333</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3887 ss387_1\"><div><div class=\"ps649 ss1\"><span class=\"f charStyle-f9c6b3ad ps3886_1\">24.549</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3888 ss350_1\"><div><div class=\"ps649 ss344_1\"><span class=\"f charStyle-f9c6b3ad ps3700\">(7.090)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3889 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-f9c6b3ad ps3873\">(347.011)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6104 ss367\"><div><div class=\"ps3891 ss366\"><span class=\"f charStyle-40b73844 ps3890_1\">Total Amortizaci\u00f3n Acumulada</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3893_1 ss392_1\"><div><div class=\"ps3891 ss451\"><span class=\"f charStyle-c9c26710 ps3892_1\">(1.171.986)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3895_1 ss393_1\"><div><div class=\"ps3891 ss376_1\"><span class=\"f charStyle-c9c26710 ps2637\">(85.152)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3897_1 ss394_1\"><div><div class=\"ps3891 ss556\"><span class=\"f charStyle-c9c26710 ps3896\">333</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3899_1 ss395_1\"><div><div class=\"ps3891 ss1\"><span class=\"f charStyle-c9c26710 ps3898\">39.482</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3900_1 ss396_1\"><div><div class=\"ps3891 ss198_1\"><span class=\"f charStyle-c9c26710 ps11405\">0</span></div></div></div></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3901_1 ss397_1\"><div><div class=\"ps3891 ss344_1\"><span class=\"f charStyle-c9c26710 ps2851_1\">(28.122)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3902_1 ss398_1\"><div><div class=\"ps3891 ss43\"><span class=\"f charStyle-c9c26710 ps1313\">(1.245.444)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps2766 ss399_1\"><div><div class=\"ps3401_1 ss366\"><span class=\"f charStyle-40b73844 ps3903\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3904_1 ss400_1\"><div><div class=\"ps3401_1 ss451\"><span class=\"f charStyle-c9c26710 ps2266_1\">1.578.149</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3905_1 ss401_1\"><div><div class=\"ps3401_1 ss376_1\"><span class=\"f charStyle-c9c26710 ps2637\">(85.152)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3906_1 ss402_1\"><div><div class=\"ps3401_1 ss556\"><span class=\"f charStyle-c9c26710 ps1812\">54.100</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps3908 ss403_1\"><div><div class=\"ps3401_1 ss1\"><span class=\"f charStyle-c9c26710 ps3907\">(2.748)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3909 ss404_1\"><div><div class=\"ps3401_1 ss198_1\"><span class=\"f charStyle-c9c26710 ps753\">8.141</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3910 ss405_1\"><div><div class=\"ps3401_1 ss344_1\"><span class=\"f charStyle-c9c26710 ps979\">41.883</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3911 ss44\"><div><div class=\"ps3401_1 ss43\"><span class=\"f charStyle-c9c26710 ps3855\">1.594.373</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3912 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las principales altas del ejercicio correspondieron a las inversiones realizadas en hoteles situados en Espa\u00f1a por un total de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps3913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">24,6 millones de euros. En el plano internacional, las principales altas fueron en Rep\u00fablica Dominicana con 18,4 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3914_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">euros, en su mayor\u00eda a causa de la inversi\u00f3n realizada en el centro hotelero en proceso de reforma operado bajo la marca Zel.</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3915_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El saldo de Obras en curso inclu\u00eda 9,1 millones de euros correspondientes a dicho hotel. Las bajas incluyeron 2,8 millones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3916_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:307.98pt\">euros derivado de la venta de terrenos escriturados en Brasil (ver Nota 2.4).</span></div><div class=\"ps3917_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En el ep\u00edgrafe Traspasos se incluy\u00f3 un traspaso por 8,1 millones de euros correspondiente al ep\u00edgrafe Derechos de uso del</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3918_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:140.64pt\">Balance consolidado (ver Nota 17).</span></div><div class=\"ps3919_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">El gasto de amortizaci\u00f3n y deterioro incluy\u00f3 una correcci\u00f3n valorativa de 2,5 millones de euros en un centro de Panam\u00e1 debido</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3920_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">al ajuste del valor del activo a su valor razonable y el impacto negativo resultante de la valoraci\u00f3n de activos realizada en el</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps3921_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">ejercicio 2024, por 4 millones de euros, en un centro hotelero situado en Espa\u00f1a, y con mayor incidencia, en un centro</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3922_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:191.85pt\">hotelero situado en Reino Unido (ver Nota 7.5).</span></div><div class=\"ps3923_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El tipo de cambio afect\u00f3 positivamente al valor del inmovilizado debido a la apreciaci\u00f3n del d\u00f3lar y de la libra esterlina frente</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3924_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:31.5pt\">al euro.</span></div><div class=\"ps3925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:88.27pt\">Otras consideraciones</span></div><div class=\"ps3926_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El n\u00famero de inmuebles en propiedad que se encuentran hipotecados en garant\u00eda de diversos pr\u00e9stamos a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3929_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:362.83pt\"> es de 7 y su valor neto contable asciende a 374,3 millones de euros, mientras que en </span><span class=\"f charStyle-f47c836a ps3927\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3928\" style=\"width:114.95pt\"> el n\u00famero de inmuebles se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3931_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.56pt\">mantuvo en 7 y su valor neto contable fue de 406,3 millones de euros.</span><span class=\"f charStyle-f47c836a ps3930\" style=\"width:2.71pt\"> </span></div><div class=\"ps3932_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S. </span></div><div class=\"ps3933_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span></div><div class=\"ps3938_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:10.66pt\">Al </span><span class=\"f charStyle-f47c836a ps3934\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps3935\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3936\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3937\" style=\"width:366.73pt\">, los Administradores consideran que existe suficiente cobertura de seguros de sus activos.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las plusval\u00edas netas derivadas de las actualizaciones de valores efectuadas por la sociedad matriz al amparo de diversas</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">disposiciones legales y actualizaciones voluntarias, anteriores a 1997, con el objeto de corregir los efectos de la inflaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:130.03pt\">monetaria fueron las siguientes:</span></div><div class=\"ps3950_1 ss0_2\"><div class=\"ss406_1 ws0 ps3949_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:249.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:143.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1979</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3940_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">24.848</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3941_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">28.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2497_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3942\">1.197</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1982</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3943 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">26.480</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n voluntaria anterior a 1990</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15023 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3942\">3.146</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n R.D.L. 7/96</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3945_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">53.213</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps851 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-4ed8e3ec ps3946\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3948_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-4ed8e3ec ps3947\">137.736</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3953_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:42.77pt\">Valoraci\u00f3n</span><span class=\"f charStyle-8dfb1947 ps3951\" style=\"width:43.49pt\"> de activos</span><span class=\"f charStyle-8dfb1947 ps3952\" style=\"width:2.71pt\"> </span></div><div class=\"ps3954_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Tal y como se comenta en la Nota 3.2, la Compa\u00f1\u00eda obtiene de forma peri\u00f3dica valoraciones realizadas por expertos</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3955_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">independientes. En este sentido, el Grupo ha obtenido en 2025 tasaciones de determinados activos en propiedad, y ha</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps3956_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">considerado para su porfolio de activos la evoluci\u00f3n del valor recuperable de los mismos en comparaci\u00f3n con los valores</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3958_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:250.29pt\">recogidos en las tasaciones obtenidas en el ejercicio anterior.</span><span class=\"f charStyle-f47c836a ps3957\" style=\"width:2.71pt\"> </span></div><div class=\"ps3026 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Meli\u00e1 Hotels International, S.A. encarg\u00f3 en el ejercicio 2024 la valoraci\u00f3n de los activos en propiedad de su Grupo, con fecha</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">de valoraci\u00f3n 31 de diciembre de 2024. Dichos activos fueron valorados por la firma mundial especializada en servicios de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3029_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">inversi\u00f3n y consultor\u00eda hotelera CBRE Valuation Advisory, S.A., conforme a los est\u00e1ndares globales RICS (Royal Institution of</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3959_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Chartered Surveyors) vigentes a la fecha de valoraci\u00f3n. La valoraci\u00f3n de dichos activos a 31 de diciembre de 2024 alcanz\u00f3 los</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps3960_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">4,7 mil millones de euros, a los que se a\u00f1adieron otros 561 millones por la participaci\u00f3n de la Compa\u00f1\u00eda en otros activos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3962_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.72pt\">mantenidos en entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps8052\" style=\"width:2.71pt\"> </span></div><div class=\"ps3963_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">A cierre del presente ejercicio no se han detectado diferencias significativas con respecto a los valores de los activos valorados</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:432.7pt\">en el ejercicio 2024, a excepci\u00f3n del deterioro registrado asociado a un centro hotelero en el Reino Unido.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-535": {
   "value": "<div class=\"ps3925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:88.27pt\">Otras consideraciones</span></div><div class=\"ps3926_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El n\u00famero de inmuebles en propiedad que se encuentran hipotecados en garant\u00eda de diversos pr\u00e9stamos a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps3929_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:362.83pt\"> es de 7 y su valor neto contable asciende a 374,3 millones de euros, mientras que en </span><span class=\"f charStyle-f47c836a ps3927\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3928\" style=\"width:114.95pt\"> el n\u00famero de inmuebles se</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3931_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:284.56pt\">mantuvo en 7 y su valor neto contable fue de 406,3 millones de euros.</span><span class=\"f charStyle-f47c836a ps3930\" style=\"width:2.71pt\"> </span></div><div class=\"ps3932_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S. </span></div><div class=\"ps3933_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span></div><div class=\"ps3938_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:10.66pt\">Al </span><span class=\"f charStyle-f47c836a ps3934\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps3935\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3936\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3937\" style=\"width:366.73pt\">, los Administradores consideran que existe suficiente cobertura de seguros de sus activos.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Las plusval\u00edas netas derivadas de las actualizaciones de valores efectuadas por la sociedad matriz al amparo de diversas</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">disposiciones legales y actualizaciones voluntarias, anteriores a 1997, con el objeto de corregir los efectos de la inflaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:130.03pt\">monetaria fueron las siguientes:</span></div><div class=\"ps3950_1 ss0_2\"><div class=\"ss406_1 ws0 ps3949_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:249.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:143.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5989 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1979</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3940_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">24.848</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1980</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3941_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">28.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2497_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3942\">1.197</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n de presupuestos 1982</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3943 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">26.480</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3734 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n voluntaria anterior a 1990</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15023 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3942\">3.146</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-f47c836a ps267\">Actualizaci\u00f3n R.D.L. 7/96</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3945_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-f47c836a ps3939\">53.213</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps851 ss91_1\"><div><div class=\"ps482 ss90_1\"><span class=\"f charStyle-4ed8e3ec ps3946\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3948_1 ss210_1\"><div><div class=\"ps482 ss744\"><span class=\"f charStyle-4ed8e3ec ps3947\">137.736</span></div></div></div></td></tr></tbody></table></div></div></div><span class=\"f charStyle-f47c836a ps5473\" style=\"width:431.36pt\">pr\u00e9stamos hipotecarios que corresponden a garant\u00edas sobre 7 hoteles cuyo valor neto contable total</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span><div class=\"ps5475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asciende a 374,3 millones de euros, mientras que en 2024 el valor neto contable de los activos hipotecados ascend\u00eda a 406,3</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.82pt\">millones de euros, tal como se ha indicado en la Nota 10.</span><span class=\"f charStyle-f47c836a ps5476\" style=\"width:2.71pt\"> </span></div><div class=\"ps5478_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.93pt\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCollateralExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-536": {
   "value": "<div class=\"ps3968 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 11.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps3967_1\"><span style=\"display:inline-block;height:11.34pt;width:11.59pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Inversiones Inmobiliarias</span></div><div class=\"ps3969 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El saldo de inversiones inmobiliarias recoge el valor razonable neto de inversiones realizadas por el Grupo para obtener rentas</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3970 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de alquiler o plusval\u00edas, en las que se incluyen participaciones en apartamentos de tres comunidades de propietarios en Espa\u00f1a</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3972_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:426.07pt\">explotadas en r\u00e9gimen hotelero, un centro comercial en Am\u00e9rica y otros terreros e inmuebles en Espa\u00f1a.</span><span class=\"f charStyle-f47c836a ps3971\" style=\"width:2.71pt\"> </span></div><div class=\"ps3975_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:202.2pt\">Los movimientos registrados durante el ejercicio </span><span class=\"f charStyle-f47c836a ps3973\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps3974_1\" style=\"width:294.53pt\">, seg\u00fan los tipos de activos incluidos en este ep\u00edgrafe, se detallan en la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3976_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:63.12pt\">siguiente tabla:</span></div><div class=\"ps4003_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss415_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:248.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90.75pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:87pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss408_1\"><div><div class=\"ps476 ss103\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1466 ss410_1\"><div><div class=\"ps476 ss458\"><span class=\"f charStyle-4ed8e3ec ps3978\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3635 ss411_1\"><div><div class=\"ps476 ss53\"><span class=\"f charStyle-4ed8e3ec ps12526\">Altas</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5986 ss412_1\"><div><div class=\"ps476 ss173_1\"><span class=\"f charStyle-28c2751e ps6118\">Saldo 31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-f47c836a ps267\">Apartamentos Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3984_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-f47c836a ps843\">136.422</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3985_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.004</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3987_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-f47c836a ps2804\">146.426</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-f47c836a ps267\">Centros Comerciales Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3989_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-f47c836a ps1723\">4.539</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3991_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-f47c836a ps7438\">4.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-f47c836a ps267\">Otros inmuebles Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3993_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-f47c836a ps3992\">15.871</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3994_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.191</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3996_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-f47c836a ps3995\">18.062</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2620 ss413_1\"><div><div class=\"ps482 ss103\"><span class=\"f charStyle-4ed8e3ec ps2335\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3998_1 ss414_1\"><div><div class=\"ps482 ss458\"><span class=\"f charStyle-4ed8e3ec ps2428\">156.832</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4000 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">12.195</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4002_1 ss187_1\"><div><div class=\"ps482 ss173_1\"><span class=\"f charStyle-4ed8e3ec ps4001\">169.027</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4004_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Las altas del ejercicio se corresponden, principalmente, con la revisi\u00f3n de valor de las inversiones inmobiliarias que han</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps4005_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">impactado en el ep\u00edgrafe de Ingresos operativos y plusval\u00edas de inmovilizado de la Cuenta de p\u00e9rdidas y ganancias por importe</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps4006_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de 11 millones de euros. Adem\u00e1s, se incluye en el ep\u00edgrafe de altas de Apartamentos Espa\u00f1a un importe de 0,9 millones de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps4007_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">euros con motivo de la adquisici\u00f3n de apartamentos en dos de las tres comunidades de propietarios sobre las que participa el</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4008_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El desglose de los resultados generados por las inversiones inmobiliarias en la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:154.56pt\">Grupo aparece en el siguiente cuadro:</span></div><div class=\"ps3110 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:217.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:78.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69pt\"></td></tr><tr style=\"height:35.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss417_1\"><div><div class=\"ps4014 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4019_1 ss419_1\"><div><div class=\"ps4016_1 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4015_1\">Apartamentos </span></div><div class=\"ps4018 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps14813\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3506 ss421_1\"><div><div class=\"ps4020_1 ss558\"><span class=\"f charStyle-4ed8e3ec ps378_1\">Centros </span></div><div class=\"ps4014 ss558\"><span class=\"f charStyle-4ed8e3ec ps4021\">Comerciales </span></div><div class=\"ps4023 ss558\"><span class=\"f charStyle-4ed8e3ec ps6975\">Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss419_1\"><div><div class=\"ps4020_1 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps14129\">Otros </span></div><div class=\"ps4014 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps313\">inmuebles </span></div><div class=\"ps4023 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps14813\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11328 ss419_1\"><div><div class=\"ps4014 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4028\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4031 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-f47c836a ps4030_1\">329</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4032_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps835\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4034_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4033\">388</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6857 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4036_1 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-f47c836a ps4035\">(59)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4038 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4037_1\">(59)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14507 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps4039\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4041_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps869\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4043_1 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-4ed8e3ec ps1926\">270</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4045_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4044\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4047 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps6974\">329</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3830 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Resultados financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4048 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4033\">567</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4049_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-f47c836a ps4033\">567</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps619 ss425_1\"><div><div class=\"ps1102_1 ss416_1\"><span class=\"f charStyle-f47c836a ps267\">Resultados entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4052_1 ss426_1\"><div><div class=\"ps1102_1 ss418_1\"><span class=\"f charStyle-f47c836a ps461\">7.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4053_1 ss426_1\"><div><div class=\"ps1102_1 ss418_1\"><span class=\"f charStyle-f47c836a ps461\">7.607</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps15773 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps4054\">Resultado Neto</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4056_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4055\">8.175</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4057_1 ss423_1\"><div><div class=\"ps482 ss558\"><span class=\"f charStyle-4ed8e3ec ps1926\">270</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4058_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4044\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4059_1 ss424_1\"><div><div class=\"ps482 ss418_1\"><span class=\"f charStyle-4ed8e3ec ps4055\">8.504</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4060_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">La aportaci\u00f3n de los apartamentos en Espa\u00f1a corresponde a la parte proporcional de los resultados del ejercicio de las</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4061_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">sociedades que integran por el m\u00e9todo de la participaci\u00f3n. Dichos apartamentos corresponden a establecimientos que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps4062_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Grupo explota en r\u00e9gimen de gesti\u00f3n a trav\u00e9s de entidades asociadas y negocios conjuntos, generando ingresos por este</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4063 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:334.23pt\">concepto por importe de 9,2 millones de euros, no incluidos en el cuadro anterior.</span></div><div class=\"ps3956_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">La aportaci\u00f3n del centro comercial de Am\u00e9rica corresponde a la parte de la Cuenta de p\u00e9rdidas y ganancias de la sociedad</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3958_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">explotadora, mientras que la aportaci\u00f3n de los otros inmuebles en Espa\u00f1a corresponde al alquiler de un local situado en</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4064 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:30.47pt\">Madrid.</span></div><div class=\"ps3028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:275.03pt\">A efectos comparativos, se presentan los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps4065_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4066_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps4067_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4091_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss428_1\"><div><div class=\"ps476 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss37_1\"><div><div class=\"ps568 ss37\"><span class=\"f charStyle-4ed8e3ec ps11478\">Saldo </span></div><div class=\"ps570 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3711 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4074_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4075_1 ss37_1\"><div><div class=\"ps568 ss37\"><span class=\"f charStyle-4ed8e3ec ps11478\">Saldo </span></div><div class=\"ps570 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Apartamentos Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4076_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">95.337</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4077_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">41.085</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4078_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">136.422</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Centros Comerciales Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4079_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">6.054</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4080_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.515)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4081_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps559\">4.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Otros inmuebles Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4082_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">16.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3820 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">774</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4084_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.410)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4085_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">15.870</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2620 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4087_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">117.898</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4088_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps910\">41.859</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4089_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(2.925)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4090_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">156.832</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4092_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Las principales altas y bajas se correspondieron con la revisi\u00f3n de valor de las inversiones inmobiliarias en base a la valoraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4093_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.75pt\">de activos realizada en el ejercicio 2024 y descrita en la Nota 10.</span></div><div class=\"ps4094_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Adicionalmente, se incluyeron altas de apartamentos en Espa\u00f1a por 2 millones de euros, con motivo de la adquisici\u00f3n de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4095_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.27pt\">apartamentos en las tres comunidades de propietarios sobre las que participa el Grupo.</span></div><div class=\"ps4096_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:395.45pt\">Las bajas de Otros inmuebles Espa\u00f1a correspondieron a la venta de un solar situado en Cantabria.</span></div><div class=\"ps4097_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El desglose de los resultados generados por las inversiones inmobiliarias en la Cuenta de p\u00e9rdidas y ganancias consolidada del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps4099 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:243.13pt\">Grupo del ejercicio anterior aparece en el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps4098\" style=\"width:2.71pt\"> </span></div><div class=\"ps4127 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td></tr><tr style=\"height:35.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss431_1\"><div><div class=\"ps4014 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss432_1\"><div><div class=\"ps4016_1 ss37\"><span class=\"f charStyle-4ed8e3ec ps383\">Apartamentos </span></div><div class=\"ps4018 ss37\"><span class=\"f charStyle-4ed8e3ec ps14667\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3711 ss432_1\"><div><div class=\"ps4020_1 ss37\"><span class=\"f charStyle-4ed8e3ec ps15020\">Centros </span></div><div class=\"ps4014 ss37\"><span class=\"f charStyle-4ed8e3ec ps15001\">Comerciales </span></div><div class=\"ps4023 ss37\"><span class=\"f charStyle-4ed8e3ec ps2635\">Am\u00e9rica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4074_1 ss432_1\"><div><div class=\"ps4016_1 ss37\"><span class=\"f charStyle-4ed8e3ec ps4103\">Otros inmuebles </span></div><div class=\"ps4018 ss37\"><span class=\"f charStyle-4ed8e3ec ps14667\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4075_1 ss432_1\"><div><div class=\"ps4014 ss37\"><span class=\"f charStyle-4ed8e3ec ps2053\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3072_1 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Ingresos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4104_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4105_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps909\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4106 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">271</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Gastos operativos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4107_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.958)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4108 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps9439\">(1.958)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11297 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-4ed8e3ec ps4109\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4112_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps4111_1\">0</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4113_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(1.747)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4115_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps1730\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4116_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(1.687)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4045 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Resultados financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4117_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">368</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4118 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps990_1\">368</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-f47c836a ps267\">Resultados entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4119_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps559\">6.235</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4120_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-f47c836a ps559\">6.235</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps436 ss433_1\"><div><div class=\"ps964 ss127\"><span class=\"f charStyle-4ed8e3ec ps4121\">Resultado Neto</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4123_1 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps4122\">6.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4124 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps3783\">(1.747)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4125 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps1730\">59</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4126 ss29_1\"><div><div class=\"ps964 ss37\"><span class=\"f charStyle-4ed8e3ec ps4122\">4.916</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">La aportaci\u00f3n de los apartamentos en Espa\u00f1a correspondi\u00f3 a la parte proporcional de los resultados del ejercicio de las</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sociedades que integran por el m\u00e9todo de la participaci\u00f3n. Dichos apartamentos generaron ingresos derivados de su</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4128 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:389.27pt\">explotaci\u00f3n en r\u00e9gimen de gesti\u00f3n por 8,8 millones de euros, no incluidos en el cuadro anterior.</span></div><div class=\"ps4129 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">La aportaci\u00f3n del centro comercial de Am\u00e9rica correspondi\u00f3 a la parte de la Cuenta de p\u00e9rdidas y ganancias de la sociedad</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps4130 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">explotadora, que en el ejercicio 2024 se vio impactada por el ajuste de valor comentado anteriormente, mientras que la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4131 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:402.34pt\">aportaci\u00f3n de los otros inmuebles en Espa\u00f1a correspondi\u00f3 al alquiler de un local situado en Madrid.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentPropertyExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-537": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_58\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 12.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps4132_1\"><span style=\"display:inline-block;height:11.34pt;width:9.54pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Inversiones Valoradas por el M\u00e9todo de la Participaci\u00f3n</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las inversiones financieras correspondientes a las participaciones existentes en empresas asociadas y negocios conjuntos han</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:229.44pt\">sido valoradas de acuerdo al m\u00e9todo de la participaci\u00f3n.</span><span class=\"f charStyle-f47c836a ps4133\" style=\"width:2.71pt\"> </span></div><div class=\"ps2464 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:292.7pt\">A continuaci\u00f3n, se relacionan los saldos y movimientos de este ep\u00edgrafe:<span class=\"f ps9\"> </span></span></div><div class=\"ps4346_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:164.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:38.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:40.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss310_1\"><div><div class=\"ps476 ss309_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3470_1 ss435_1\"><div><div class=\"ps476 ss434_1\"><span class=\"f charStyle-4ed8e3ec ps3631\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4136_1 ss436_1\"><div><div class=\"ps568 ss645\"><span class=\"f charStyle-4ed8e3ec ps4134\">Saldo </span></div><div class=\"ps570 ss645\"><span class=\"f charStyle-4ed8e3ec ps4135\">31/12/2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4139 ss313_1\"><div><div class=\"ps568 ss451\"><span class=\"f charStyle-4ed8e3ec ps4137_1\">Resultado </span></div><div class=\"ps570 ss451\"><span class=\"f charStyle-4ed8e3ec ps4138_1\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4140 ss438_1\"><div><div class=\"ps476 ss23\"><span class=\"f charStyle-4ed8e3ec ps3660\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4074_1 ss440_1\"><div><div class=\"ps476 ss439_1\"><span class=\"f charStyle-4ed8e3ec ps1439\">Bajas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4143 ss195_1\"><div><div class=\"ps476 ss194_1\"><span class=\"f charStyle-4ed8e3ec ps4142_1\">Dif.Cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4144 ss436_1\"><div><div class=\"ps568 ss645\"><span class=\"f charStyle-4ed8e3ec ps4134\">Saldo </span></div><div class=\"ps570 ss645\"><span class=\"f charStyle-4ed8e3ec ps4135\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8399 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4146_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4148_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">24.264</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4150_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4149\">(1.160)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4152_1 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">961</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4154 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(1.214)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4155 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-f47c836a ps4147\">22.850</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11634 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Altavista Hotelera, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4156 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">48,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4157 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">39.993</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4159 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">1.663</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4160_1 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">58</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4161_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">41.714</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11455 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Producciones de Parques, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4162_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4163_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">12.788</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4164_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1186\">26.237</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4166 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps5052\">9</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4168 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps4167\">(23.154)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4169 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">15.881</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1386 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Fourth Project 2012, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4170 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4171 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">1.340</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4172 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">284</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4174 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps4173_1\">16.067</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4175_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">17.691</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1231 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4176_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4178_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(593)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4179 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">264</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1250 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps5809\">329</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4183_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4182_1\">0</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3838 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Holazel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4185_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4187 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps14225\">1.421</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4188_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">131</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4189_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">1.552</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1725 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Yagoda Inversiones, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4191_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6036 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps6972\">125</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6040 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1320\">(9)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4196_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps6972\">116</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1527 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4198_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps267\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4199 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(190)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4200 ss442_1\"><div><div class=\"ps10988 ss23\"><span class=\"f charStyle-9f1a0df2 ps651_1\">244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4202 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps14817\">(54)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4203 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4182_1\">0</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14440 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Arroyo, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4205 ss445_1\"><div><div class=\"ps964 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">33,33%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4206 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(254)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4208_1 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps4207\">2.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4211_1 ss368_1\"><div><div class=\"ps964 ss194_1\"><span class=\"f charStyle-934a7fa2 ps2480\">83</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4212_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">2.140</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps2682 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-28c2751e ps2331\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4215_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-28c2751e ps4214_1\">79.931</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4217 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-28c2751e ps4216\">26.109</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4219 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-28c2751e ps4218_1\">19.914</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4221_1 ss449_1\"><div><div class=\"ps964 ss439_1\"><span class=\"f charStyle-28c2751e ps4220\">(24.368)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4223_1 ss368_1\"><div><div class=\"ps964 ss194_1\"><span class=\"f charStyle-28c2751e ps14150\">358</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps4225_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-28c2751e ps11731\">101.944</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4226_1 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Homasi, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4227 ss445_1\"><div><div class=\"ps964 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4228_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">37.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4229_1 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-934a7fa2 ps4149\">(5.148)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4230_1 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps4207\">2.900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4231_1 ss449_1\"><div><div class=\"ps964 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(4.746)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4232_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">30.231</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5111 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4234_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,95%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4235_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4236_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps13163\">58</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4237 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">149</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4239_1 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps360\">(284)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4240_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.424</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9436 ss450_1\"><div><div class=\"ps2435_1 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo Promedro (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4241_1 ss451_1\"><div><div class=\"ps2435_1 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4242_1 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">9.440</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4243_1 ss392_1\"><div><div class=\"ps2435_1 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">1.438</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4244_1 ss453_1\"><div><div class=\"ps2435_1 ss439_1\"><span class=\"f charStyle-934a7fa2 ps360\">(443)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2685_1 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">10.435</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6316 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4246 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4247_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.238</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4248_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4249 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps360\">(116)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4250_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.478</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3573 ss454_1\"><div><div class=\"ps4251_1 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4252_1 ss455_1\"><div><div class=\"ps4251_1 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">34,27%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4253_1 ss456_1\"><div><div class=\"ps4251_1 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">9.073</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4254_1 ss457_1\"><div><div class=\"ps4251_1 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">5.685</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4256 ss458_1\"><div><div class=\"ps4255_1 ss23\"><span class=\"f charStyle-9f1a0df2 ps651_1\">202</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4257 ss459_1\"><div><div class=\"ps4251_1 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(2.957)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4258 ss456_1\"><div><div class=\"ps4251_1 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">12.004</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4259 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">C.P.Meli\u00e1 Costa del Sol</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4260 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">24,20%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4261 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">5.774</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4262 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">1.923</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4263 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">63</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4264 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps2245\">(1.879)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4265_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">5.880</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12682 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo El Recreo (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4266_1 ss445_1\"><div><div class=\"ps964 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4267 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.955</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4268 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps5052\">7</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4269_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.962</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6335 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Inversiones Guiza, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4270_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">49,85%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6337 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4271\">(9)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4274_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4273_1\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4275_1 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">48</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4277_1 ss211_1\"><div><div class=\"ps482 ss194_1\"><span class=\"f charStyle-934a7fa2 ps1830\">(4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4279_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4278\">37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4280 ss318_1\"><div><div class=\"ps1746 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Hellenic Hotel Management</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4281_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4283_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4282_1\">(76)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4284 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4282_1\">(76)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4285 ss318_1\"><div><div class=\"ps1746 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Starmel Hotels JV,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4286_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4287 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps817_1\">(135)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4289 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11371\">(6)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4290 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps817_1\">(141)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4291_1 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4292 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4293 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.554</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4294_1 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4273_1\">4</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4295 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">4.559</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11560 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Fuerteventura Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4296_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4297_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.298</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4298 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps1258\">(347)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4299 ss442_1\"><div><div class=\"ps10988 ss23\"><span class=\"f charStyle-9f1a0df2 ps3354\">53</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4300_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">6.004</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8204 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Santa Eulalia Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4302_1 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4303_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">8.832</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4304 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps5044\">216</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4305 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps3839\">20</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4307 ss443_1\"><div><div class=\"ps10988 ss439_1\"><span class=\"f charStyle-9f1a0df2 ps14434\">(63)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4308 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps271\">9.006</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4309 ss318_1\"><div><div class=\"ps482 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4310 ss441_1\"><div><div class=\"ps482 ss434_1\"><span class=\"f charStyle-934a7fa2 ps4145\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4311 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">15.689</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4312 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">3.762</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4313 ss442_1\"><div><div class=\"ps482 ss23\"><span class=\"f charStyle-934a7fa2 ps1247\">173</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4315 ss443_1\"><div><div class=\"ps482 ss439_1\"><span class=\"f charStyle-934a7fa2 ps6647\">(5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4316_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">19.619</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15465 ss444_1\"><div><div class=\"ps964 ss309_1\"><span class=\"f charStyle-934a7fa2 ps267\">Grupo Terti\u00e1n XXI (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4320_1 ss445_1\"><div><div class=\"ps4319_1 ss434_1\"><span class=\"f charStyle-6f9b64c7 ps4318\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4321_1 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">12.585</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4322_1 ss446_1\"><div><div class=\"ps964 ss451\"><span class=\"f charStyle-934a7fa2 ps4158_1\">2.301</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4323_1 ss447_1\"><div><div class=\"ps964 ss23\"><span class=\"f charStyle-934a7fa2 ps4173_1\">21.697</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4325 ss449_1\"><div><div class=\"ps964 ss439_1\"><span class=\"f charStyle-934a7fa2 ps4324_1\">(91)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4326 ss448_1\"><div><div class=\"ps964 ss645\"><span class=\"f charStyle-934a7fa2 ps4147\">36.493</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4327 ss450_1\"><div><div class=\"ps2435_1 ss309_1\"><span class=\"f charStyle-28c2751e ps589\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4328 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">126.946</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4329 ss392_1\"><div><div class=\"ps2435_1 ss451\"><span class=\"f charStyle-28c2751e ps4216\">10.243</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4330 ss837\"><div><div class=\"ps2435_1 ss23\"><span class=\"f charStyle-28c2751e ps4218_1\">25.312</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4331_1 ss453_1\"><div><div class=\"ps2435_1 ss439_1\"><span class=\"f charStyle-28c2751e ps4220\">(10.584)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4333_1 ss461_1\"><div><div class=\"ps2435_1 ss194_1\"><span class=\"f charStyle-28c2751e ps4332\">(4)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4334_1 ss452_1\"><div><div class=\"ps2435_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">151.912</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4337 ss462_1\" style=\"overflow:hidden\"><div><div class=\"ps4336_1 ss645\"><span class=\"f charStyle-934a7fa2 ps4335\">\u2014</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps584_1 ss463_1\"><div><div class=\"ps4339_1 ss309_1\"><span class=\"f charStyle-28c2751e ps4338\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4340_1 ss652\"><div><div class=\"ps4339_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">206.876</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4341 ss453\"><div><div class=\"ps4339_1 ss451\"><span class=\"f charStyle-28c2751e ps4216\">36.352</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4342_1 ss466_1\"><div><div class=\"ps4339_1 ss23\"><span class=\"f charStyle-28c2751e ps4218_1\">45.226</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4343_1 ss467_1\"><div><div class=\"ps4339_1 ss439_1\"><span class=\"f charStyle-28c2751e ps4220\">(34.952)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4344_1 ss468_1\"><div><div class=\"ps4339_1 ss194_1\"><span class=\"f charStyle-28c2751e ps14150\">354</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4345_1 ss652\"><div><div class=\"ps4339_1 ss645\"><span class=\"f charStyle-28c2751e ps11731\">253.856</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4347 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4348 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:272.74pt\">Grupo Tertian XXI est\u00e1 compuesto por las sociedades Tertian XXI, S.L. y Lierinto S.L.U.</span></div><div class=\"ps4349_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:338.63pt\">Grupo Melia Hotels USA, LLC compuesto por las sociedades Melia Hotels USA,Llc\u00a0 y\u00a0 Melia Hotels Florida Llc.</span></div><div class=\"ps4350_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:249.12pt\">Grupo Promedro compuesto por las sociedades Promedro,S.A. y\u00a0  Nexprom,S.A.</span></div><div class=\"ps4351 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:306.63pt\">Grupo El Recreo compuesto por las sociedades El Recreo Plaza C.A. y\u00a0 El Recreo Plaza &amp; C\u00eda. C.A.</span></div><div class=\"ps4353_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:403.54pt\">Grupo Renasala,S.L. compuesto por las sociedades Renasala,S.L, Starmel Hoteles OP S.L.U, Torremolinos Beach Property, S.L.U,</span><span class=\"f charStyle-df66f676 ps4352_1\" style=\"width:4.2pt\">\u00a0 </span></div><div class=\"ps4354_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:357.47pt\">Palmanova Beach Property, S.L.U., Puerto del Carmen Beach Property, S.L.U, San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4356_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Los saldos inclu\u00eddos en la sociedad Evertmel, S.L. incluyen los saldos de las sociedades Mongamenda, S.L.U. y Jamaica DevCo,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps4357_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:302.75pt\">S.L., que durante el ejercicio han fusionado con la sociedad Evertmel, S.L.</span></div><div class=\"ps4358 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los resultados del ejercicio de las sociedades valoradas por el m\u00e9todo de la participaci\u00f3n incluyen 23,9 millones de euros</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps4359 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">relativos al correspondiente porcentaje del beneficio generado por la sociedad Producciones de Parques, S.L. por la venta de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4362 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:260.73pt\">las participaciones de la sociedad Tertian XXI, S.L. (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps4360_1\" style=\"width:3.3pt\">.</span><span class=\"f charStyle-f47c836a ps4361_1\" style=\"width:251.42pt\"> Asimismo, el resultado negativo de Homasi, S.A. incluye una</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4363 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">p\u00e9rdida de 7,6 millones de euros por el deterioro de las participaciones que mantiene dicha sociedad sobre sociedades que</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps4364 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:298.59pt\">poseen los derechos de explotaci\u00f3n de 5 hoteles en la Rep\u00fablica de Cuba.</span></div></div><div><div class=\"ps2534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las altas del ejercicio corresponden, principalmente, a la compra de las participaciones de la sociedad Tertian XXI, S.L.\u00a0 por</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">21,7 millones de euros (ver Nota 5).\u00a0 Por otra parte, la operaci\u00f3n realizada con TCME Hospitality and Leisure, S.L. (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">ha supuesto un incremento de 16,1 millones de euros en la valoraci\u00f3n de la participaci\u00f3n en la sociedad Fourth Project 2012,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:15.47pt\">S.L.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Por otra parte, las bajas del ejercicio se deben principalmente al reparto de dividendos de varias sociedades por 33,4 millones</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:452.39pt\">de euros. Adem\u00e1s, se ha producido la baja, sin efectos, de la sociedad Sierra Parima, S.A.S. tras su integraci\u00f3n.</span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:397.2pt\">Los movimientos de participaciones en entidades asociadas y negocios conjuntos para el ejercicio </span><span class=\"f charStyle-f47c836a ps4367\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4368_1\" style=\"width:88.98pt\"> fueron los siguientes:</span><span class=\"f charStyle-f47c836a ps4369\" style=\"width:2.71pt\"> </span></div><div class=\"ps4559_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:144pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:42.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss470_1\"><div><div class=\"ps3465 ss425\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4371 ss435_1\"><div><div class=\"ps3465 ss434_1\"><span class=\"f charStyle-40b73844 ps4370\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7419 ss317_1\"><div><div class=\"ps3467 ss316_1\"><span class=\"f charStyle-40b73844 ps2012\">Saldo </span></div><div class=\"ps3469_1 ss316_1\"><span class=\"f charStyle-40b73844 ps4373\">31/12/2023</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4377_1 ss313_1\"><div><div class=\"ps3467 ss451\"><span class=\"f charStyle-40b73844 ps2322\">Resultado </span></div><div class=\"ps3469_1 ss451\"><span class=\"f charStyle-40b73844 ps4376\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4379_1 ss36_1\"><div><div class=\"ps3465 ss13_1\"><span class=\"f charStyle-40b73844 ps4378\">Altas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14487 ss472_1\"><div><div class=\"ps3465 ss471_1\"><span class=\"f charStyle-40b73844 ps4380\">Bajas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1457 ss341_1\"><div><div class=\"ps3465 ss312\"><span class=\"f charStyle-40b73844 ps4382\">Dif.Cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps9352 ss339_1\"><div><div class=\"ps3467 ss28\"><span class=\"f charStyle-40b73844 ps4383\">Saldo </span></div><div class=\"ps3469_1 ss28\"><span class=\"f charStyle-40b73844 ps2198_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Evertmel (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4386_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4388_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">25.899</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4389_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(1.231)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4390_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(404)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4392 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">24.264</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Altavista Hotelera, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4393_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">48,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4394_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">38.502</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4395_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.412</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4397_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps11759\">79</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4398_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">39.993</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Melcom (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4399_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4400_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">18.436</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4401_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">479</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4402 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps14859\">(18.915)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4404_1 ss358_1\"><div><div class=\"ps10988 ss28\"><span class=\"f charStyle-9f1a0df2 ps4403_1\">0</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Producciones de Parques (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4405_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4406_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">22.918</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4407_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4408_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(331)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4409_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">25.373</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Fourth Project 2012, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4410_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4411_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">1.768</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4412_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">391</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4413_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(819)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4414_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">1.340</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3838 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4415_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4416_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">158</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4418_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps4417\">(158)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4419_1 ss358_1\"><div><div class=\"ps10988 ss28\"><span class=\"f charStyle-9f1a0df2 ps4403_1\">0</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1725 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Holazel, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4420_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4421_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">1.792</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4422_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(371)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4423_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">1.421</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1527 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Yagoda Inversiones, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4424_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4425 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps14425\">137</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4426_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(107)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4427 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps11759\">95</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4429_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps4428\">125</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14440 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4430 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4431_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3361\">(3.459)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4433 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4432\">3.537</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4435 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-10d23c65 ps13100\">(79)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4436_1 ss358_1\"><div><div class=\"ps10988 ss28\"><span class=\"f charStyle-9f1a0df2 ps4403_1\">0</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps4438 ss476_1\"><div><div class=\"ps649 ss68\"><span class=\"f charStyle-40b73844 ps11516\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4440_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">109.452</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4442_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2767\">59</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4443_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-c9c26710 ps1347\">3.711</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4445_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-c9c26710 ps4444\">(20.470)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4446_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-c9c26710 ps271\">(236)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4448_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-c9c26710 ps4447_1\">92.516</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15516 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Homasi, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4449_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4450 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">61.016</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4451_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps11186\">(22.343)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4453 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps14663\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4455_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps4454\">(1.450)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4456_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">37.225</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14469 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4457_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,01%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4458_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.486</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4459_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">395</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4460_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(379)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4461_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">6.502</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6230 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Promedro (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4462_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4463_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">8.399</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4464_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.722</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4465_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(681)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4466_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">9.440</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3881_1 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4467_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4468_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">4.002</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4469_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">355</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4470_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(118)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4471_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">4.238</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9461 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4473_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">33,71%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4474_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">7.535</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4475_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">3.919</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4477_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4476\">254</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4478 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps4454\">(2.635)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9471 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">9.073</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps864 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">C.P.Meli\u00e1 Costa del Sol</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4480_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">24,03%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4481 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.773</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4482 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.316</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4483_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps11759\">80</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4484 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps4454\">(3.395)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4485 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">5.774</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6247 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo El Recreo (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4486 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4487 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">5.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4488 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4476\">976</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4489 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">6.955</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps889 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Inversiones Guiza, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4490 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">49,85%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4492_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps2618\">(9)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4494_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps4493\">(1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4496_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps14933\">(9)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1610 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Hellenic Hotel Management</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4497_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4498_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps11369\">(76)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4500_1 ss358_1\"><div><div class=\"ps2107_1 ss28\"><span class=\"f charStyle-6f9b64c7 ps4499\">(76)</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"><div class=\"ps4502_1 ss477_1\"><div><div class=\"ps4501_1 ss425\"><span class=\"f charStyle-fb61828c ps267\">Mosaico Hoteles, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4503_1 ss455_1\"><div><div class=\"ps4501_1 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4504_1 ss478_1\"><div><div class=\"ps4501_1 ss316_1\"><span class=\"f charStyle-10d23c65 ps2618\">(1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4507_1 ss479_1\"><div><div class=\"ps4506 ss28\"><span class=\"f charStyle-6f9b64c7 ps14253\">(1)</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps4508 ss480_1\"><div><div class=\"ps3891 ss425\"><span class=\"f charStyle-fb61828c ps267\">Starmel Hotels JV,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4509 ss451_1\"><div><div class=\"ps3891 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4510 ss481_1\"><div><div class=\"ps3891 ss316_1\"><span class=\"f charStyle-10d23c65 ps13163\">(135)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4511 ss482_1\"><div><div class=\"ps3891 ss28\"><span class=\"f charStyle-fb61828c ps3172_1\">(135)</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps384_1 ss480_1\"><div><div class=\"ps3891 ss425\"><span class=\"f charStyle-fb61828c ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4512 ss451_1\"><div><div class=\"ps3891 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4513 ss481_1\"><div><div class=\"ps3891 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">4.683</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4514 ss392_1\"><div><div class=\"ps3891 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(129)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4515_1 ss482_1\"><div><div class=\"ps3891 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">4.554</span></div></div></div></td></tr><tr style=\"height:18pt\"><td style=\"padding:0\"><div class=\"ps189_1 ss483_1\"><div><div class=\"ps4516_1 ss425\"><span class=\"f charStyle-fb61828c ps267\">Fuerteventura Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4517_1 ss484_1\"><div><div class=\"ps4516_1 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4518_1 ss485_1\"><div><div class=\"ps4516_1 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.137</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4519_1 ss453\"><div><div class=\"ps4516_1 ss451\"><span class=\"f charStyle-10d23c65 ps2794\">(123)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4520_1 ss486_1\"><div><div class=\"ps4516_1 ss13_1\"><span class=\"f charStyle-10d23c65 ps4476\">321</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4522_1 ss487_1\"><div><div class=\"ps4516_1 ss471_1\"><span class=\"f charStyle-10d23c65 ps7020\">(37)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4523_1 ss71\"><div><div class=\"ps4516_1 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">6.298</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2853 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Santa Eulalia Beach Property,\u00a0 S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4525_1 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4526_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">7.609</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4527 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3352_1\">(28)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4528_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps4432\">1.269</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4529_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps7020\">(17)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4530_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps3436\">8.832</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2856 ss473_1\"><div><div class=\"ps649 ss425\"><span class=\"f charStyle-fb61828c ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4532 ss441_1\"><div><div class=\"ps649 ss434_1\"><span class=\"f charStyle-10d23c65 ps4385\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4533 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">12.971</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4534 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.879</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4535 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-10d23c65 ps14663\">3</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4536 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-10d23c65 ps1853\">(164)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4537_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-10d23c65 ps9458\">15.689</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps4539_1 ss476_1\"><div><div class=\"ps649 ss68\"><span class=\"f charStyle-40b73844 ps1722\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4540_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">131.368</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4542 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2254\">(11.039)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4543_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-c9c26710 ps1347\">2.906</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4545_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-c9c26710 ps2040\">(8.875)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4547 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-c9c26710 ps2318\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4549_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-c9c26710 ps4548\">114.360</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#005D55;padding:0\"><div class=\"ps4552_1 ss476_1\"><div><div class=\"ps649 ss68\"><span class=\"f charStyle-c9c26710 ps4551\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4553_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">240.820</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4554_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps2254\">(10.980)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4555_1 ss40_1\"><div><div class=\"ps649 ss13_1\"><span class=\"f charStyle-c9c26710 ps1347\">6.617</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4556_1 ss474_1\"><div><div class=\"ps649 ss471_1\"><span class=\"f charStyle-c9c26710 ps4444\">(29.345)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4557_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-c9c26710 ps271\">(236)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4558_1 ss358_1\"><div><div class=\"ps649 ss28\"><span class=\"f charStyle-c9c26710 ps4548\">206.876</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:380.76pt\">Grupo Evertmel compuesto por las sociedades Evertmel, S.L, Mongamenda S.L.,\u00a0 Kimel MCA, S.L.U. y Jamaica DevCo S.L.</span><span class=\"f charStyle-df66f676 ps4561\" style=\"width:2.1pt\"> </span></div><div class=\"ps4564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:344.79pt\">Grupo Producciones de Parques compuesto por las sociedades Producciones de Parques, S.L.y Tertian XXI S.L.</span><span class=\"f charStyle-df66f676 ps13906\" style=\"width:2.1pt\"> </span></div><div class=\"ps4565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:338.63pt\">Grupo Melia Hotels USA, LLC compuesto por las sociedades Melia Hotels USA,Llc\u00a0 y\u00a0 Melia Hotels Florida Llc.</span></div><div class=\"ps4566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:249.12pt\">Grupo Promedro compuesto por las sociedades Promedro,S.A. y\u00a0  Nexprom,S.A.</span></div><div class=\"ps4567_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:306.63pt\">Grupo El Recreo compuesto por las sociedades El Recreo Plaza C.A. y\u00a0 El Recreo Plaza &amp; C\u00eda. C.A.</span></div><div class=\"ps4568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:515.54pt\">Grupo Renasala,S.L. compuesto por las sociedades Renasala,S.L, Starmel Hoteles OP S.L.U, Torremolinos Beach Property, S.L.U, Palmanova Beach Property,</span><span class=\"f charStyle-df66f676 ps1143_1\" style=\"width:2.1pt\"> </span></div><div class=\"ps4569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:269.1pt\">S.L.U., Puerto del Carmen Beach Property, S.L.U, San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:398.77pt\">Grupo Melcom compuesto por las sociedades Pel\u00edcanos Property, S.L.U., Bellver Property, S.L.U. y\u00a0 Melcom Joint Venture. S.L.</span><span class=\"f charStyle-df66f676 ps4570\" style=\"width:6.3pt\">\u00a0  </span></div></div><div><div class=\"ps4573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las bajas del ejercicio correspondieron, principalmente, a la baja por 18,9 millones de euros del Grupo Melcom, que pasaron a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4574 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">integrarse por el m\u00e9todo de integraci\u00f3n global (ver Nota 5.2), as\u00ed como al reparto de dividendos de varias sociedades por 9,1</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4576 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros.</span><span class=\"f charStyle-f47c836a ps4575\" style=\"width:2.71pt\"> </span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El resultado negativo de la sociedad Homasi, S.A. fue debido al deterioro de las participaciones que manten\u00eda sobre sociedades</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.12pt\">que poseen los derechos de explotaci\u00f3n de 5 hoteles en la Rep\u00fablica de Cuba.</span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:294.04pt\">Informaci\u00f3n de entidades asociadas y negocios conjuntos m\u00e1s relevantes</span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">El detalle del Balance y la Cuenta de p\u00e9rdidas y ganancias agregados de algunas de las entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.32pt\">conjuntos con mayor relevancia por volumen de activo y resultado se desglosa a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps4577_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4642_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:111pt\"></td><td style=\"padding:0;width:58.5pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:58.5pt\"></td></tr><tr style=\"height:30.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss490_1\"><div><div class=\"ps3783 ss489_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4583_1 ss491_1\"><div><div class=\"ps4579 ss808\"><span class=\"f charStyle-c9c26710 ps1860\">Producciones </span></div><div class=\"ps3783 ss808\"><span class=\"f charStyle-c9c26710 ps6637\">de Parques, </span></div><div class=\"ps4582_1 ss808\"><span class=\"f charStyle-c9c26710 ps14365\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4584_1 ss492_1\"><div><div class=\"ps3783 ss108\"><span class=\"f charStyle-c9c26710 ps4218_1\">Homasi, S.A.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4585_1 ss375_1\"><div><div class=\"ps3788_1 ss451\"><span class=\"f charStyle-c9c26710 ps520_1\">Grupo </span></div><div class=\"ps3790_1 ss451\"><span class=\"f charStyle-c9c26710 ps2592\">Renasala (*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3326 ss493_1\"><div><div class=\"ps3788_1 ss34\"><span class=\"f charStyle-c9c26710 ps4586\">Grupo Terti\u00e1n\u00a0 \u00a0  </span></div><div class=\"ps3790_1 ss34\"><span class=\"f charStyle-c9c26710 ps4587\">(*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490_1 ss494_1\"><div><div class=\"ps3788_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4589\">Altavista </span></div><div class=\"ps3790_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4590_1\">Hotelera, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4593_1 ss495_1\"><div><div class=\"ps3788_1 ss645\"><span class=\"f charStyle-c9c26710 ps407\">Evertmel, </span></div><div class=\"ps3790_1 ss645\"><span class=\"f charStyle-c9c26710 ps590\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps23_2 ss491_1\"><div><div class=\"ps3783 ss808\"><span class=\"f charStyle-c9c26710 ps4447_1\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-934a7fa2 ps267\">EBITDA</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4595_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps14286\">3.692</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4597_1 ss78_1\"><div><div class=\"ps2107_1 ss108\"><span class=\"f charStyle-6f9b64c7 ps4596\">6.582</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4598_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-fb61828c ps2662\">27.804</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4600 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-fb61828c ps4599\">12.733</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4601 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-fb61828c ps11820\">10.055</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4603 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-fb61828c ps11556\">10.365</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4604 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps9486\">71.233</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps667_1 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-f47c836a ps267\">Amortizaciones</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4605 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps14286\">1.766</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4607_1 ss78_1\"><div><div class=\"ps2107_1 ss108\"><span class=\"f charStyle-6f9b64c7 ps1852\">(4)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4608 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-fb61828c ps3361\">(9.353)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4610_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-fb61828c ps14228\">(2.598)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4611_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(3.161)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4612_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-fb61828c ps3405\">(5.720)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4614_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps4613\">(19.070)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12469 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-934a7fa2 ps267\">Resultado financiero</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4615_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps9486\">57.146</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4616_1 ss78_1\"><div><div class=\"ps2107_1 ss108\"><span class=\"f charStyle-6f9b64c7 ps2039\">(496)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4617_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-fb61828c ps3361\">(6.370)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4618_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-fb61828c ps14228\">(1.191)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4619_1 ss324_1\"><div><div class=\"ps649 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(2.345)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4620_1 ss87_1\"><div><div class=\"ps649 ss645\"><span class=\"f charStyle-fb61828c ps3405\">(5.191)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4621_1 ss347_1\"><div><div class=\"ps649 ss808\"><span class=\"f charStyle-fb61828c ps9486\">41.552</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6862 ss498_1\"><div><div class=\"ps4251_1 ss489_1\"><span class=\"f charStyle-934a7fa2 ps267\">Impuesto sobre beneficios</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4622_1 ss499_1\"><div><div class=\"ps4501_1 ss808\"><span class=\"f charStyle-fb61828c ps3577\">(1.203)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4623_1 ss457_1\"><div><div class=\"ps4501_1 ss451\"><span class=\"f charStyle-fb61828c ps3361\">(4.219)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4624_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps14228\">(2.241)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4625_1 ss501_1\"><div><div class=\"ps4501_1 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(1.138)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4627_1 ss456_1\"><div><div class=\"ps4501_1 ss645\"><span class=\"f charStyle-fb61828c ps4626\">112</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4628_1 ss499_1\"><div><div class=\"ps4501_1 ss808\"><span class=\"f charStyle-fb61828c ps3577\">(8.689)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps15858 ss496_1\"><div><div class=\"ps482 ss489_1\"><span class=\"f charStyle-28c2751e ps11558\">RESULTADO NETO</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4630 ss347_1\"><div><div class=\"ps482 ss808\"><span class=\"f charStyle-28c2751e ps2950\">61.401</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4632_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-28c2751e ps4631\">6.082</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4634 ss325_1\"><div><div class=\"ps482 ss451\"><span class=\"f charStyle-28c2751e ps4633\">7.862</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4636_1 ss497_1\"><div><div class=\"ps482 ss34\"><span class=\"f charStyle-28c2751e ps2482\">6.703</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4638 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-28c2751e ps4637\">3.411</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4640_1 ss87_1\"><div><div class=\"ps482 ss645\"><span class=\"f charStyle-28c2751e ps4639\">(434)</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4641 ss347_1\"><div><div class=\"ps482 ss808\"><span class=\"f charStyle-28c2751e ps2950\">85.027</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4760_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:114pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:62.25pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:30.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss503_1\"><div><div class=\"ps3783 ss502_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7864 ss493_1\"><div><div class=\"ps4579 ss34\"><span class=\"f charStyle-c9c26710 ps4444\">Producciones </span></div><div class=\"ps3783 ss34\"><span class=\"f charStyle-c9c26710 ps2038\">de Parques, </span></div><div class=\"ps4582_1 ss34\"><span class=\"f charStyle-c9c26710 ps1324\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3628_1 ss504_1\"><div><div class=\"ps3783 ss194_1\"><span class=\"f charStyle-c9c26710 ps4646\">Homasi, S.A.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4649_1 ss505_1\"><div><div class=\"ps3788_1 ss137\"><span class=\"f charStyle-c9c26710 ps4647_1\">Grupo </span></div><div class=\"ps3790_1 ss137\"><span class=\"f charStyle-c9c26710 ps4648\">Renasala (*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3711 ss493_1\"><div><div class=\"ps3788_1 ss34\"><span class=\"f charStyle-c9c26710 ps4586\">Grupo Terti\u00e1n\u00a0 \u00a0  </span></div><div class=\"ps3790_1 ss34\"><span class=\"f charStyle-c9c26710 ps4587\">(*)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps998 ss494_1\"><div><div class=\"ps3788_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4589\">Altavista </span></div><div class=\"ps3790_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps4590_1\">Hotelera, S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5899 ss495_1\"><div><div class=\"ps3788_1 ss645\"><span class=\"f charStyle-c9c26710 ps407\">Evertmel, </span></div><div class=\"ps3790_1 ss645\"><span class=\"f charStyle-c9c26710 ps590\">S.L.</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2954_1 ss506_1\"><div><div class=\"ps3783 ss237_1\"><span class=\"f charStyle-c9c26710 ps2186_1\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3155 ss507_1\"><div><div class=\"ps3401_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">ACTIVO NO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4652_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">43.638</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4653 ss508_1\"><div><div class=\"ps3401_1 ss194_1\"><span class=\"f charStyle-fb61828c ps3354\">88.038</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4654_1 ss509_1\"><div><div class=\"ps3401_1 ss137\"><span class=\"f charStyle-fb61828c ps477_1\">188.105</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4656_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-fb61828c ps15278\">144.798</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4657 ss510_1\"><div><div class=\"ps3401_1 ss311_1\"><span class=\"f charStyle-fb61828c ps3502\">122.875</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4659 ss511_1\"><div><div class=\"ps3401_1 ss645\"><span class=\"f charStyle-fb61828c ps11658\">205.973</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4661 ss512_1\"><div><div class=\"ps3401_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">793.426</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss513_1\"><div><div class=\"ps4662_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Efectivo y otros medios </span></div><div class=\"ps4663 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">l\u00edquidos </span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4664_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">7.723</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps1490 ss514_1\"><div><div class=\"ps4501_1 ss194_1\"><span class=\"f charStyle-fb61828c ps11430\">4.923</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4667_1 ss515_1\"><div><div class=\"ps4501_1 ss137\"><span class=\"f charStyle-fb61828c ps4666_1\">8.986</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4668 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">11.172</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4669_1 ss501_1\"><div><div class=\"ps4501_1 ss311_1\"><span class=\"f charStyle-fb61828c ps1867\">6.902</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4671_1 ss456_1\"><div><div class=\"ps4501_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">6.163</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4672 ss516_1\"><div><div class=\"ps4501_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">45.869</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Resto activo corriente</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4673_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">13.750</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4674_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-fb61828c ps3354\">11.827</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4675 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-fb61828c ps4666_1\">3.577</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4676_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-fb61828c ps3524\">(4.894)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4677 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">9.168</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4678_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">33.428</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps10827 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">ACTIVO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4681_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps14514\">21.473</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4683_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">16.750</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4685 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">12.563</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4686_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps14514\">11.172</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4688_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-3bd8e4b7 ps2879\">2.009</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4690 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-3bd8e4b7 ps14344\">15.332</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4692_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-3bd8e4b7 ps4691\">79.297</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps10835 ss522_1\"><div><div class=\"ps4516_1 ss502_1\"><span class=\"f charStyle-c9c26710 ps15139\">TOTAL ACTIVO</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4695_1 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps14514\">65.110</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4696_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">104.788</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4698_1 ss144\"><div><div class=\"ps4516_1 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">200.667</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4699 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps2765\">155.969</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4700 ss525_1\"><div><div class=\"ps4516_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps11824\">124.884</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4702 ss652\"><div><div class=\"ps4516_1 ss645\"><span class=\"f charStyle-c9c26710 ps4701_1\">221.304</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4704 ss526_1\"><div><div class=\"ps4516_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps15257\">872.723</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:21.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss527_1\"><div><div class=\"ps3735 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros no </span></div><div class=\"ps3737 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4706_1 ss528_1\"><div><div class=\"ps3739_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">3.434</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4707_1 ss820\"><div><div class=\"ps3739_1 ss137\"><span class=\"f charStyle-fb61828c ps477_1\">128.863</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4708_1 ss528_1\"><div><div class=\"ps3739_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">61.599</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4709_1 ss649\"><div><div class=\"ps3739_1 ss645\"><span class=\"f charStyle-fb61828c ps11658\">142.709</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss531_1\"><div><div class=\"ps3739_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">336.606</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1527 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos no corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4712 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps1154\">295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4714 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-fb61828c ps1866\">25.022</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4715 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps4599\">24.316</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4716_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-fb61828c ps1867\">6.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4717 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">5.323</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4718 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">61.260</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989 ss507_1\"><div><div class=\"ps3401_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">PASIVO NO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4721_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps4720\">3.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4722 ss509_1\"><div><div class=\"ps3401_1 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4697\">153.885</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4723_1 ss146_1\"><div><div class=\"ps3401_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps14514\">85.915</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4724_1 ss510_1\"><div><div class=\"ps3401_1 ss311_1\"><span class=\"f charStyle-3bd8e4b7 ps2879\">6.304</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4725 ss511_1\"><div><div class=\"ps3401_1 ss645\"><span class=\"f charStyle-3bd8e4b7 ps4701_1\">148.033</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4726_1 ss512_1\"><div><div class=\"ps3401_1 ss237_1\"><span class=\"f charStyle-3bd8e4b7 ps15257\">397.866</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps15777 ss513_1\"><div><div class=\"ps4501_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4728_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps1154\">832</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4729_1 ss514_1\"><div><div class=\"ps4501_1 ss194_1\"><span class=\"f charStyle-fb61828c ps3354\">11.329</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4730_1 ss515_1\"><div><div class=\"ps4501_1 ss137\"><span class=\"f charStyle-fb61828c ps4666_1\">2.528</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4731_1 ss500_1\"><div><div class=\"ps4501_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">5.758</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4732_1 ss501_1\"><div><div class=\"ps4501_1 ss311_1\"><span class=\"f charStyle-fb61828c ps11820\">22.686</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4733_1 ss456_1\"><div><div class=\"ps4501_1 ss645\"><span class=\"f charStyle-fb61828c ps2321\">4.259</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4734_1 ss516_1\"><div><div class=\"ps4501_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.393</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4226_1 ss517_1\"><div><div class=\"ps775_1 ss502_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos corrientes</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4735_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps11405\">2.114</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4737_1 ss308_1\"><div><div class=\"ps775_1 ss194_1\"><span class=\"f charStyle-fb61828c ps929\">319</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4738_1 ss519_1\"><div><div class=\"ps775_1 ss137\"><span class=\"f charStyle-fb61828c ps1866\">12.469</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4739_1 ss518_1\"><div><div class=\"ps775_1 ss34\"><span class=\"f charStyle-fb61828c ps1154\">209</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4740_1 ss520_1\"><div><div class=\"ps775_1 ss311_1\"><span class=\"f charStyle-fb61828c ps11820\">10.736</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4741_1 ss303_1\"><div><div class=\"ps775_1 ss645\"><span class=\"f charStyle-fb61828c ps11556\">21.940</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4742 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.786</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11209 ss532_1\"><div><div class=\"ps3753_1 ss502_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">PASIVO CORRIENTE</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4744_1 ss533_1\"><div><div class=\"ps3753_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps4720\">2.946</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps4745_1 ss368_1\"><div><div class=\"ps3753_1 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">11.648</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4746_1 ss534_1\"><div><div class=\"ps3753_1 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">14.997</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4747_1 ss533_1\"><div><div class=\"ps3753_1 ss34\"><span class=\"f charStyle-3bd8e4b7 ps4720\">5.967</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4749_1 ss535_1\"><div><div class=\"ps3753_1 ss311_1\"><span class=\"f charStyle-3bd8e4b7 ps1433\">33.422</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4750_1 ss448_1\"><div><div class=\"ps3753_1 ss645\"><span class=\"f charStyle-3bd8e4b7 ps14344\">26.199</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4751_1 ss536_1\"><div><div class=\"ps3753_1 ss237_1\"><span class=\"f charStyle-3bd8e4b7 ps4691\">95.180</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7699 ss522_1\"><div><div class=\"ps4516_1 ss502_1\"><span class=\"f charStyle-c9c26710 ps1711\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4753_1 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps4720\">6.675</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4754_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps4682_1\">11.648</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4755_1 ss144\"><div><div class=\"ps4516_1 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">168.882</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4756_1 ss523_1\"><div><div class=\"ps4516_1 ss34\"><span class=\"f charStyle-c9c26710 ps14514\">91.883</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4757_1 ss525_1\"><div><div class=\"ps4516_1 ss311_1\"><span class=\"f charStyle-c9c26710 ps1433\">39.726</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7703 ss652\"><div><div class=\"ps4516_1 ss645\"><span class=\"f charStyle-c9c26710 ps4701_1\">174.232</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4759_1 ss526_1\"><div><div class=\"ps4516_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps15257\">493.045</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4761_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4762_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Terti\u00e1n est\u00e1 compuesto por las sociedades Tertian XXI, S.L.y Lierinto, S.L.U.</span></div><div class=\"ps4763_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Renasala compuesto por las sociedades Renasala, S.L., Starmel Hotels OP, S.L.U, Torremolinos Beach Property, S.L.U, </span></div><div class=\"ps4764_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Palmanova Beach Property, S.L.U. Puerto del Carmen Beach Property, S.L.U, y San Antonio Beach Property, S.L.U.</span></div><div class=\"ps4766_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El Grupo Terti\u00e1n, la sociedad Evertmel, S.L. y la sociedad Altavista Hotelera, S.L. son sociedades propietarias de hoteles, cuya</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps4767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:341.17pt\">explotaci\u00f3n la realizan otras sociedades del Grupo a trav\u00e9s de contratos de alquiler.</span></div><div class=\"ps4768_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El Grupo Renasala y la sociedad Producciones de Parques, S.L. son sociedades propietarias y explotadoras de hoteles. Adem\u00e1s,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4769_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.75pt\">mantienen contratos firmados con la sociedad matriz del Grupo a trav\u00e9s de los cuales se les facturan honorarios de gesti\u00f3n.</span></div><div class=\"ps4770_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Las sociedades Mongamenda, S.L y Jamaica DevCo, S.L, que compon\u00edan el Grupo Evertmel en 2024, se han fusionado durante</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">el presente ejercicio con la sociedad Evertmel, S.L.\u00a0 Por otra parte, la sociedad Kimel MCA, S.L.U., que tambi\u00e9n formaba</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4774_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:479.65pt\">parte del Grupo Evertmel en 2024, se ha fusionado en este ejercicio con la sociedad Ayosa Hoteles, S.L (ver Nota 5.1).</span><span class=\"f charStyle-df66f676 ps4772\" style=\"width:2.1pt\"> </span><span class=\"f charStyle-f47c836a ps4773\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps4782_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:285.41pt\">A efectos comparativos se presentan los importes referentes a </span><span class=\"f charStyle-f47c836a ps4775\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4776\" style=\"width:15.52pt\">:\u00a0 </span><span class=\"f charStyle-785720f7\"><span class=\"ps4777\" style=\"width:19.2pt\">\u00a0  <span style=\"display:inline-block;height:8.32pt;width:32.63pt\"></span></span><span class=\"ps4778\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span><span class=\"ps4779\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span><span class=\"ps4780\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span><span class=\"ps4781\" style=\"width:0pt\"><span style=\"display:inline-block;height:8.32pt;width:36pt\"></span></span></span></div><div class=\"ps4872_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:171pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:56.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:27.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss538_1\"><div><div class=\"ps4783_1 ss537_1\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4788_1 ss539_1\"><div><div class=\"ps4785_1 ss312\"><span class=\"f charStyle-3e9f2643 ps8538\">Grupo </span></div><div class=\"ps4787_1 ss312\"><span class=\"f charStyle-3e9f2643 ps4786\">Evertmel (*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps1832 ss192\"><div><div class=\"ps4789_1 ss108\"><span class=\"f charStyle-c9c26710 ps7006\">Altavista </span></div><div class=\"ps4791_1 ss108\"><span class=\"f charStyle-c9c26710 ps4790\">Hotelera, S.L.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps802 ss541_1\"><div><div class=\"ps4789_1 ss137\"><span class=\"f charStyle-c9c26710 ps4793\">Grupo PDP </span></div><div class=\"ps4791_1 ss137\"><span class=\"f charStyle-c9c26710 ps4794\">(*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps1303_1 ss542_1\"><div><div class=\"ps4785_1 ss645\"><span class=\"f charStyle-3e9f2643 ps11776\">Grupo </span></div><div class=\"ps4787_1 ss645\"><span class=\"f charStyle-3e9f2643 ps4796\">Renasala (*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss543_1\"><div><div class=\"ps4785_1 ss451\"><span class=\"f charStyle-3e9f2643 ps4797\">Homasi,S.A</span></div><div class=\"ps4787_1 ss451\"><span class=\"f charStyle-3e9f2643 ps11411\">.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps3346 ss544_1\"><div><div class=\"ps4800_1 ss194_1\"><span class=\"f charStyle-3e9f2643 ps4799\">Total</span></div></div></div></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-1ec09ef1 ps267\">EBITDA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4803_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-0285d03e ps2028\">12.431</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4805_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-3bd8e4b7 ps4804\">9.993</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4806_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">11.744</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4807_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-e1a838b8 ps2794\">25.403</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3214 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-e1a838b8 ps11092\">4.140</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4808_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-e1a838b8 ps3839\">63.710</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Amortizaciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4809_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-ae93a5af ps621\">(5.864)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4810_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-fb61828c ps3538\">(3.100)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4812 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps4811\">(2.448)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4813 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps692_1\">(4.354)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4814_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11371\">(3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4815_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps3408\">(15.770)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Ingresos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4817_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-ae93a5af ps5053\">1.738</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4819_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps4818\">14</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4821_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps2808\">(999)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4822_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11092\">1.476</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4824_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps9456\">2.228</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Gastos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4826_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-9f1a0df2 ps14633\">(10.157)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4827_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-fb61828c ps3538\">(3.030)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4828_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps2751\">(735)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4829_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps692_1\">(6.111)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4831_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps2868\">(328)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4832_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps3408\">(20.361)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Otros resultados financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4834_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-9f1a0df2 ps4833_1\">(2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4835 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-fb61828c ps2751\">(995)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4837 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-9f1a0df2 ps4836\">1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4838_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-9f1a0df2 ps11186\">(69.123)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4839_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps3408\">(70.119)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11368 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">Resultado financiero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4840_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-0285d03e ps621\">(8.421)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4842_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-3bd8e4b7 ps4841\">(3.030)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4844_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps1262\">(1.716)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4845_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-e1a838b8 ps692_1\">(7.109)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4846_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-e1a838b8 ps11186\">(67.976)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4847_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-e1a838b8 ps3408\">(88.251)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7684 ss545_1\"><div><div class=\"ps649 ss537_1\"><span class=\"f charStyle-3bd8e4b7 ps267\">Resultado antes de impuestos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4849_1 ss348_1\"><div><div class=\"ps10988 ss312\"><span class=\"f charStyle-e1a838b8 ps621\">(1.854)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4850_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-3bd8e4b7 ps4804\">3.863</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4852_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps2722\">7.579</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4853_1 ss87_1\"><div><div class=\"ps10988 ss645\"><span class=\"f charStyle-e1a838b8 ps2794\">13.939</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4854_1 ss325_1\"><div><div class=\"ps10988 ss451\"><span class=\"f charStyle-e1a838b8 ps11186\">(63.838)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4855_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-e1a838b8 ps3408\">(40.310)</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8770 ss546_1\"><div><div class=\"ps3753_1 ss537_1\"><span class=\"f charStyle-fb61828c ps267\">Impuesto sobre beneficios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4856_1 ss370_1\"><div><div class=\"ps4209_1 ss312\"><span class=\"f charStyle-9f1a0df2 ps4387\">(721)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4858_1 ss547_1\"><div><div class=\"ps3753_1 ss108\"><span class=\"f charStyle-fb61828c ps2616\">(966)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4859_1 ss534_1\"><div><div class=\"ps3753_1 ss137\"><span class=\"f charStyle-fb61828c ps4811\">(2.006)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4860_1 ss448_1\"><div><div class=\"ps4209_1 ss645\"><span class=\"f charStyle-9f1a0df2 ps692_1\">(4.343)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4862_1 ss368_1\"><div><div class=\"ps4209_1 ss194_1\"><span class=\"f charStyle-9f1a0df2 ps4861\">(8.036)</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps876 ss548_1\"><div><div class=\"ps3891 ss537_1\"><span class=\"f charStyle-c9c26710 ps4863\">RESULTADO NETO</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4866_1 ss549_1\"><div><div class=\"ps4865_1 ss312\"><span class=\"f charStyle-14579039 ps621\">(2.574)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4867_1 ss550_1\"><div><div class=\"ps3891 ss108\"><span class=\"f charStyle-c9c26710 ps4804\">2.897</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps881 ss140\"><div><div class=\"ps3891 ss137\"><span class=\"f charStyle-c9c26710 ps2722\">5.573</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4869_1 ss452_1\"><div><div class=\"ps3891 ss645\"><span class=\"f charStyle-c9c26710 ps11496\">9.596</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4870_1 ss392_1\"><div><div class=\"ps4865_1 ss451\"><span class=\"f charStyle-3e9f2643 ps11186\">(63.838)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4871_1 ss461_1\"><div><div class=\"ps4865_1 ss194_1\"><span class=\"f charStyle-3e9f2643 ps3408\">(48.346)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4962_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:176.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:51.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:53.25pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss553_1\"><div><div class=\"ps4873_1 ss552_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14872 ss662\"><div><div class=\"ps4874_1 ss451\"><span class=\"f charStyle-c9c26710 ps520_1\">Grupo </span></div><div class=\"ps4873_1 ss451\"><span class=\"f charStyle-c9c26710 ps3978\">Evertmel </span></div><div class=\"ps4875_1 ss451\"><span class=\"f charStyle-c9c26710 ps2637\">(*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps4881_1 ss555_1\"><div><div class=\"ps4878_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps4877\">Altavista </span></div><div class=\"ps4880_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps4879\">Hotelera, S.L.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9193 ss556_1\"><div><div class=\"ps4878_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps2245\">Grupo PDP </span></div><div class=\"ps4880_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps1317\">(*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps10203 ss557_1\"><div><div class=\"ps4878_1 ss137\"><span class=\"f charStyle-c9c26710 ps4647_1\">Grupo </span></div><div class=\"ps4880_1 ss137\"><span class=\"f charStyle-c9c26710 ps4648\">Renasala (*)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2000 ss662\"><div><div class=\"ps4873_1 ss451\"><span class=\"f charStyle-c9c26710 ps4883\">Homasi,S.A.</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3346 ss556_1\"><div><div class=\"ps4873_1 ss194_1\"><span class=\"f charStyle-c9c26710 ps11767\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">ACTIVO NO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4885_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">211.404</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4887_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps9395\">125.974</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4888_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">75.570</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4889_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps477_1\">202.507</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4890_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">113.385</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4891_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">728.840</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps600 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Efectivo y otros medios l\u00edquidos </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4892_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">6.679</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4893_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">5.996</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9226 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">7.575</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4895_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">12.800</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4896_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4897_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">42.410</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11232 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Resto activo corriente</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4898_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.628</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4899_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps11340\">34</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4900_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">2.868</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11235 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">22.426</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4902_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">5.472</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4903_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">40.429</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3734 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">ACTIVO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4904_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps15296\">16.308</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4905_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-3bd8e4b7 ps2808\">6.030</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4906_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">10.443</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4907_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">35.226</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4908_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps15296\">14.831</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4909_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">82.838</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5284 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-40b73844 ps4910\">TOTAL ACTIVO</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps4911_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">227.711</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4912_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">132.005</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4913_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps4682_1\">86.013</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4914_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">237.733</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4915_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps9351\">128.216</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4916_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">811.678</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:18pt\"><td style=\"padding:0\"><div class=\"ps2644 ss559_1\"><div><div class=\"ps4516_1 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14899 ss453\"><div><div class=\"ps4516_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">147.607</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4918_1 ss485_1\"><div><div class=\"ps4516_1 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">28.788</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4919_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">25.864</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4920_1 ss144\"><div><div class=\"ps4516_1 ss137\"><span class=\"f charStyle-10d23c65 ps477_1\">141.305</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4921_1 ss468_1\"><div><div class=\"ps4516_1 ss194_1\"><span class=\"f charStyle-10d23c65 ps3374_1\">343.564</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11131 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos no corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14903 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">5.923</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4924_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps4387\">10.464</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4925_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">3.140</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4926_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps4666_1\">3.568</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4927_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">23.095</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps364 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">PASIVO NO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4929_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps9351\">153.530</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4931_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-3bd8e4b7 ps1803\">39.252</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4932_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">29.005</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4933_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4697\">144.872</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4934_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps1274\">366.659</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4848 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Pasivos financieros corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4935_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.325</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4936_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">4.710</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4937_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">6.052</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4938_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">27.700</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4939_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">6.567</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4940_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">46.354</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10873 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-fb61828c ps267\">Otros pasivos corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4942_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">22.803</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4943_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-10d23c65 ps1840\">6.416</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4944_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps11430\">4.925</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4945_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-10d23c65 ps1866\">11.430</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4946_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">239</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4947_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-10d23c65 ps3354\">45.814</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4783 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-1ec09ef1 ps267\">PASIVO CORRIENTE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4949_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps15296\">24.128</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4950_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-3bd8e4b7 ps1803\">11.126</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4951_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">10.978</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4952_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-3bd8e4b7 ps4684\">39.130</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4953_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-3bd8e4b7 ps3439\">6.806</span></div></div></div></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps4954_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-3bd8e4b7 ps4682_1\">92.168</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1570 ss558_1\"><div><div class=\"ps649 ss552_1\"><span class=\"f charStyle-40b73844 ps4955\">Total PASIVO</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps4956_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">177.658</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4957_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps1803\">50.378</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4958_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps4682_1\">39.982</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4959_1 ss138\"><div><div class=\"ps649 ss137\"><span class=\"f charStyle-c9c26710 ps4697\">184.002</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4960_1 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-c9c26710 ps3439\">6.806</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps4961_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-c9c26710 ps1274\">458.827</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps4963_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps4965_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:378.66pt\">Grupo Evertmel compuesto por las sociedades Evertmel, S.L, Mongamenda S.L.,\u00a0 Kimel MCA.S.L.U. y Jamaica DevCo S.L.</span><span class=\"f charStyle-df66f676 ps4964\" style=\"width:2.1pt\"> </span></div><div class=\"ps4966_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Renasala compuesto por las sociedades Renasala, S.L., Starmel Hotels OP, S.L.U, Torremolinos Beach Property, S.L.U, </span></div><div class=\"ps4967_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Palmanova Beach Property, S.L.U, Puerto del Carmen Beach Property, S.L.U, y San Antonio Beach Property, S.L.U.</span></div>Grupo PDP est\u00e1 compuesto por las sociedades Producciones de Parques, S.L., Tertian XXI, S.L.",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-538": {
   "value": "<div class=\"ps4573_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las bajas del ejercicio correspondieron, principalmente, a la baja por 18,9 millones de euros del Grupo Melcom, que pasaron a</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4574 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">integrarse por el m\u00e9todo de integraci\u00f3n global (ver Nota 5.2), as\u00ed como al reparto de dividendos de varias sociedades por 9,1</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros.</span>",
   "dimensions": {
    "concept": "melia:ChangeFromEquityMethodToFullConsolidationMethod",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-539": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_61\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 13.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps4972\"><span style=\"display:inline-block;height:11.34pt;width:9.57pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Otros Instrumentos Financieros</span></div><div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1943_1\"><span style=\"display:inline-block;height:6.8pt;width:0.94pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros activos financieros</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de Otros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.59pt\">activos financieros del activo corriente y no corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4974\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps4975\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4976\" style=\"width:3.3pt\">:</span></div><div class=\"ps3025 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td></tr><tr style=\"height:20.25pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss567_1\"><div><div class=\"ps5035_1 ss169_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5037 ss569_1\"><div><div class=\"ps1100_1 ss568_1\"><span class=\"f charStyle-40b73844 ps5036\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps13660 ss570_1\"><div><div class=\"ps1100_1 ss606\"><span class=\"f charStyle-40b73844 ps5038\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4978_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4980_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4981_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4982_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4983_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4984_1 ss341_1\"><div><div class=\"ps3465 ss312\"><span class=\"f charStyle-40b73844 ps1803\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros valorados posteriormente a coste amortizado:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cr\u00e9ditos a entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4986_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4987_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">37.029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4988_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">68.886</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4990_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">49.660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4991_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">81.167</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6862 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros cr\u00e9ditos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4992_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4993_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4994_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">24.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4995_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4997_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.172</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4998_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">33.850</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4999_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.522</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5000_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.843</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5001_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">42.365</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5002_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.106</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5003_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">3.411</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5004_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.517</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps1255 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1280 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5006_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">658</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5007_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5008_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5009_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5010_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5011_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">599</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">3. Instrumentos financieros a valor razonable con cambios en resultados:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6202 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5012_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5013_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5014_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5015_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">310</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11722 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5017_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5018_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5019_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5020_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11732 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">25.386</span></div></div></div></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1748 ss564_1\"><div><div class=\"ps1306 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Instrumentos de patrimonio no </span></div><div class=\"ps1308 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5022_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5023_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5024_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5025_1 ss566_1\"><div><div class=\"ps1311_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">23.242</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5027_1 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-40b73844 ps5026\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5028_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">132.591</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5029_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">51.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5030_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">183.592</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5031 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">129.071</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5032_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">79.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5034_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-40b73844 ps2167\">208.072</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5040_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El cuadro no incluye los ep\u00edgrafes de Deudores comerciales y otras cuentas a cobrar ni el de Efectivo y otros medios l\u00edquidos</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps5041_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">equivalentes, que tambi\u00e9n son activos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5042 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.52pt\">adicionales en la Nota 14.</span></div><div class=\"ps5043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:287.75pt\">Instrumentos financieros valorados posteriormente a coste amortizado</span></div><div class=\"ps5048_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:406.38pt\">El desglose por naturaleza de los activos financieros considerados en esta r\u00fabrica en los ejercicios </span><span class=\"f charStyle-f47c836a ps5044_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5045\" style=\"width:10.83pt\"> y </span><span class=\"f charStyle-f47c836a ps5046_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5047_1\" style=\"width:60.64pt\"> se muestra en</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:80.12pt\">el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps5049_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5096_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss273_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:20.25pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss567_1\"><div><div class=\"ps5051 ss169_1\"><span class=\"f charStyle-4ed8e3ec ps267\"> (miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5037 ss569_1\"><div><div class=\"ps1102_1 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps13660 ss569_1\"><div><div class=\"ps1102_1 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4978_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4980_1 ss240_1\"><div><div class=\"ps3695_1 ss237_1\"><span class=\"f charStyle-40b73844 ps11556\">Corto</span></div><div class=\"ps5054_1 ss237_1\"><span class=\"f charStyle-40b73844 ps5053_1\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4981_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4982_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4983_1 ss240_1\"><div><div class=\"ps3695_1 ss237_1\"><span class=\"f charStyle-40b73844 ps11556\">Corto</span></div><div class=\"ps5054_1 ss237_1\"><span class=\"f charStyle-40b73844 ps5053_1\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4984_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:20.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss571_1\"><div><div class=\"ps1100_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Cr\u00e9ditos a entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5055_1 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5056 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">37.029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5057 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">68.886</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5058 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5059 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">49.660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5060_1 ss572_1\"><div><div class=\"ps1100_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">81.167</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14507 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Otros cr\u00e9ditos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5061 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5062_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5063_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">24.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5064 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5065 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.172</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5066_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">33.850</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss573_1\"><div><div class=\"ps3891 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Dep\u00f3sitos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5067_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.593</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5068_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.298</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5069_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">2.891</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5070_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.573</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5071_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.960</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5072_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">3.532</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps16007 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Fianzas y otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5074_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.373</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5075_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">495</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5076_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.868</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5077_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5078_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.391</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5079_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.070</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6865 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Club vacacional</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5080_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.557</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5081_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.557</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5082_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">26.854</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5083_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">26.854</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9639 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">Imposiciones</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5085_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">51</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14435 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">51</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5087_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">61</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5088_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-10d23c65 ps15010\">61</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14440 ss573_1\"><div><div class=\"ps3891 ss169_1\"><span class=\"f charStyle-40b73844 ps5089\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5090_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">85.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5091_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">50.268</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14445 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">136.251</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5093_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">97.292</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5094_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">61.243</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5095_1 ss574_1\"><div><div class=\"ps3891 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">158.535</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5097 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Los saldos recogidos como Cr\u00e9ditos a entidades asociadas y negocios conjuntos se desglosan en la Nota 20.1 de Informaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5099 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:97.87pt\">sobre partes vinculadas.</span><span class=\"f charStyle-f47c836a ps5098_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">En el ep\u00edgrafe Otros cr\u00e9ditos se recogen cr\u00e9ditos concedidos y otras cuentas a cobrar de distintas sociedades con las que la</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Compa\u00f1\u00eda mantiene relaciones comerciales en los distintos segmentos operativos, siendo los importes m\u00e1s significativos los</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:43.39pt\">siguientes:</span><span class=\"f charStyle-f47c836a ps5100_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">Cr\u00e9ditos concedidos a diferentes sociedades no vinculadas, con las que el Grupo mantiene relaciones comerciales por</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:340.63pt\">importe de 10,4 millones de euros. En 2024 el importe fue de 8,7 millones de euros.</span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">Cr\u00e9ditos concedidos a propietarios de varios hoteles explotados por el Grupo en r\u00e9gimen de alquiler, gesti\u00f3n y</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.16pt\">franquicia, por importe de 7 millones de euros. En 2024 el importe fue de 13,3 millones de euros. Esta variaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:455.71pt\">corresponde, principalmente, a un cr\u00e9dito deteriorado a un propietario con establecimientos hoteleros en Cuba.</span></div><div class=\"ps1667_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:286.53pt\">Importe pendiente de cobro con el propietario de un hotel en Brasil, </span><span class=\"f charStyle-f47c836a ps5101_1\" style=\"width:200.68pt\">fruto de la reclamaci\u00f3n interpuesta por el Grupo</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1580_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.22pt\">por la resoluci\u00f3n de un contrato de gesti\u00f3n por causas imputables a dicho propietario, por importe de 7,5 millones de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1581_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:229.13pt\">euros. En 2024 el importe fue de 11,9 millones de euros.</span></div><div class=\"ps1156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las fianzas a largo plazo entregadas por la Compa\u00f1\u00eda corresponden b\u00e1sicamente a los alquileres de los hoteles arrendados por</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">el Grupo mediante pagar\u00e9s aceptados. Dado que estas fianzas se conceden en garant\u00eda del cumplimiento de una obligaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:391.73pt\">relacionada con dichos contratos no se contabilizan por su valor actual sino por el valor nominal.</span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El ep\u00edgrafe denominado club vacacional corresponde a activos por contratos de membres\u00edas del club vacacional </span></div><div class=\"ps1587_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">comercializados por la Compa\u00f1\u00eda a medio y largo plazo. Se incluyen principalmente los costes incrementales de la obtenci\u00f3n </span></div><div class=\"ps1738 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">de contratos, que se amortizan en funci\u00f3n del uso de los beneficios asociados a dichas membres\u00edas. As\u00ed mismo, tambi\u00e9n </span></div><div class=\"ps1739 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">incorpora los importes financiados a clientes por contratos de derechos de aprovechamiento por turnos a largo plazo, que se </span></div><div class=\"ps5102 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">registran por su importe nominal debido a que dichos contratos incorporan un tipo de inter\u00e9s de mercado.</span></div><div class=\"ps1675_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">As\u00ed mismo, el saldo pendiente de cobro a corto plazo de clientes del club vacacional se desglosa en la Nota 14.2 \u201cDeudores </span></div><div class=\"ps1676_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">comerciales y otras cuentas a cobrar\u201d.</span></div><div class=\"ps1867 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En el cap\u00edtulo de Imposiciones se reflejan los importes a plazo fijo en entidades bancarias y con plazo de vencimiento superior</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1868 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.49pt\">a 3 meses, por lo que no pueden considerarse como medios l\u00edquidos equivalentes al efectivo.</span></div><div class=\"ps1712 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Instrumentos financieros a valor razonable con cambios en otro resultado global</span></div><div class=\"ps1248_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Las actividades de cobertura de flujos de efectivo corresponden a swaps de tipos de inter\u00e9s, las cuales se explican en la Nota</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:20.73pt\">13.3.</span></div><div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:282.86pt\">Instrumentos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">La cartera de negociaci\u00f3n incluye instrumentos de patrimonio cotizados cuyo valor en estos mercados se toma como referencia </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">para el c\u00e1lculo del valor razonable de estas inversiones.</span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A continuaci\u00f3n se ofrece el desglose y movimiento de los instrumentos de patrimonio no cotizado, que corresponden</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.79pt\">principalmente a participaciones en sociedades propietarias de hoteles gestionados por el Grupo:</span></div><div class=\"ps5155 ss0_2\"><div class=\"ss587_1 ws0 ps5154_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:93pt\"></td><td style=\"padding:0;width:95.25pt\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss576_1\"><div><div class=\"ps5104_1 ss575_1\"><span class=\"f charStyle-28c2751e ps6115\">\u00a0 \u00a0  (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5106_1 ss577_1\"><div><div class=\"ps5104_1 ss198_1\"><span class=\"f charStyle-28c2751e ps1794\">%</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5898 ss579_1\"><div><div class=\"ps5104_1 ss578_1\"><span class=\"f charStyle-4ed8e3ec ps2264_1\">Saldo 31/12/2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9350 ss581_1\"><div><div class=\"ps5104_1 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps1310_1\">Saldo 31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps593 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Hotelera Sancti Petri, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5112_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">19,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5114_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps15103\">2.634</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5116_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps5115\">2.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12593 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Port Cambrils Inversions, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5118_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">10,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5120_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">980</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5122_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3729 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Inveragua RD, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5124_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">14,24%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5125_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">131</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5126_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">131</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10827 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Valle Yamury, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5127_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps331\">8,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5128_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">358</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5129_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">358</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10835 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Victoria Hotels &amp; Resorts, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5130_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps331\">7,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5132_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps1925\">18.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5134_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps2119\">19.216</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14524 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">TCME Hospitality and Leisure, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5136_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">15,17%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5137_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-9faf05d8 ps1925\">15.945</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15895 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5935 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-9faf05d8 ps5138\">9</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5141_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps5140\">9</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2445 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5142\">TOTAL INVERSI\u00d3N</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5144_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps5143\">38.166</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5146_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps1136\">23.328</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps326_1 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5147\">P\u00c9RDIDAS POR DETERIORO</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5148_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps2485\">(85)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5150_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps7292\">(85)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps519 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5151\">TOTAL VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5152_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps5143\">38.081</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5153_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps1136\">23.242</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las variaciones del ejercicio corresponden a la adquisici\u00f3n de una participaci\u00f3n minoritaria del 15,17% en\u00a0 TCME Hospitality</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5157 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">and Leisure, S.L., sociedad propietaria de un establecimiento hotelero en Espa\u00f1a, operado por el Grupo bajo un contrato de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.27pt\">gesti\u00f3n (ver Nota 5).</span><span class=\"f charStyle-f47c836a ps5158_1\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Asimismo, se ha producido la devaluaci\u00f3n de la participaci\u00f3n a valor razonable de Victoria Hotels &amp; Resorts, S.L. como</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">resultado de la integraci\u00f3n de la sociedad Crisalian, S.L. que, hasta su integraci\u00f3n, formaba parte del grupo Victoria Hotels &amp;</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Resorts, S.L. as\u00ed como de la adquisici\u00f3n por parte de Terti\u00e1n XXI, S.L. del 100% de participaciones de Lierinto, S.L.U., sociedad</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">que tambi\u00e9n formaba parte del grupo Victoria Hotels &amp; Resorts, S.L., y a la venta de un establecimiento hotelero situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:128.07pt\">territorio nacional (ver Nota 5).</span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:221.03pt\">A efectos comparativos, los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5161_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5162\" style=\"width:88.98pt\"> fueron los siguientes:</span></div><div class=\"ps5211_1 ss0_2\"><div class=\"ss601_1 ws0 ps5210_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:239.25pt\"></td><td style=\"padding:0;width:66.75pt\"></td><td style=\"padding:0;width:96pt\"></td><td style=\"padding:0;width:102.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss589_1\"><div><div class=\"ps476 ss588_1\"><span class=\"f charStyle-28c2751e ps267\">\u00a0 \u00a0  (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5165_1 ss591_1\"><div><div class=\"ps476 ss65\"><span class=\"f charStyle-28c2751e ps5164\">%</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5898 ss593_1\"><div><div class=\"ps5167_1 ss664\"><span class=\"f charStyle-fdea4ace ps354\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490 ss594_1\"><div><div class=\"ps5167_1 ss107_1\"><span class=\"f charStyle-fdea4ace ps5168\">Saldo 31/12/2023</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hotelera Sancti Petri, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5172_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">19,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5904 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5173\">2.634</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2494 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5175\">2.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Port Cambrils Inversions, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5177_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">10,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5179_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">980</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5181_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Inveragua RD, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5182_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">14,24%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5183_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">131</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5184_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">131</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1110 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Valle Yamury, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5186_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps11414\">8,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5187_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">358</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5188_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">358</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3529 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Victoria Hotels &amp; Resorts, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5189_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps11414\">7,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5191_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps14953\">19.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5193_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-9faf05d8 ps5192\">16.928</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14894 ss598_1\"><div><div class=\"ps2435_1 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5195_1 ss599_1\"><div><div class=\"ps2435_1 ss664\"><span class=\"f charStyle-9faf05d8 ps11315\">9</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5197_1 ss600_1\"><div><div class=\"ps2435_1 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5196\">9</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5142\">TOTAL INVERSI\u00d3N</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5200_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps1730\">23.328</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5201_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps5115\">21.040</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7505 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5147\">P\u00c9RDIDAS POR DETERIORO</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5204_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps5203\">(85)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5206_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-28c2751e ps5205\">(85)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps9297 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5151\">TOTAL VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5208_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps1730\">23.242</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5209_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps5115\">20.954</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:2.1pt\"> </span></div><div class=\"ps5213_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1963_1\"><span style=\"display:inline-block;height:6.8pt;width:14.45pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Otros pasivos financieros</span></div><div class=\"ps5214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Obligaciones y otros valores negociables, Deudas con entidades de cr\u00e9dito y Otros pasivos financieros del pasivo corriente y no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:218.88pt\">corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps5216\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5217\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5218\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5219_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5220_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5278 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:195.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss603_1\"><div><div class=\"ps5222 ss602_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11088 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5225_1 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5228_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5230_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5232_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5233_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5234_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5235_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8139 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps7153 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5236_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5237_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5238_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5239_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5240_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5241_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">3.667</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8145 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en la cuenta de resultados:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1231 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5243_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5244_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5245_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5246_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2632 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">3. Otros pasivos financieros a coste amortizado:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7026 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Obligaciones y otros valores negociables</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5247_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5248_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5249_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5250_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5251_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">11.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5252_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">63.385</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3753 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Deudas con entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5253_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">789.735</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5254_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">168.926</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5255_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5256_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5257_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">880.578</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5258_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.279.482</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5259_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">142.803</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5260_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.422.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5261_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.312.338</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5262_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">151.595</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5263_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.463.933</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3554 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Otros pasivos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5265_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.287</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5266_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.810</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5267_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5268 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">44.302</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5269 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">25.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5270 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.764</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5292 ss608_1\"><div><div class=\"ps649 ss602_1\"><span class=\"f charStyle-40b73844 ps5271_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5272 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.159.721</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5273 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">342.952</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5274 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.502.673</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5275 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.189.771</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5276 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">300.755</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5277 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.490.526</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">No se incluyen los saldos recogidos en el ep\u00edgrafe Acreedores comerciales y otras cuentas a pagar, que tambi\u00e9n se consideran</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.47pt\">pasivos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses adicionales en la Nota 18.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el siguiente cuadro se muestra la conciliaci\u00f3n de los cambios en los activos y pasivos procedentes de actividades de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">financiaci\u00f3n. Se han considerado las emisiones y amortizaciones de deuda (Obligaciones y otros valores negociables y Deudas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.41pt\">con entidades de cr\u00e9dito), as\u00ed como los Instrumentos financieros derivados (cobertura y en cartera de negociaci\u00f3n):</span><span class=\"f charStyle-f47c836a ps5281\" style=\"width:2.71pt\"> </span></div><div class=\"ps3950_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:265.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:26.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss610_1\"><div><div class=\"ps5282_1 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5290_1 ss611_1\"><div><div class=\"ps5284_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps2015\">Obligaciones y </span></div><div class=\"ps5285_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1859\">Deudas con </span></div><div class=\"ps5287_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1297\">entidades de </span></div><div class=\"ps5289_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5288\">cr\u00e9dito</span></div></div></div></td><td style=\"border-right:2pt solid #ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #ffffff;border-left:2pt solid #ffffff;border-right:2pt solid #ffffff;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps3147 ss612_1\"><div><div class=\"ps5291_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps5227\">Instrumentos financieros a valor </span></div><div class=\"ps5292_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps1211_1\">razonable</span></div></div></div></td></tr><tr style=\"height:26.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5295_1 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5293\">Activo</span></div></div></div></td><td style=\"border-top:2pt solid #ffffff;padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5297 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5299_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.323.894</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5300_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">24.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5302_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps5936\">0</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3823 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5304 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps5303\">(393.394)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1117 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5305 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">13.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7023 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5306_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">1.822</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5308 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5309 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">943.962</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5310_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">25.985</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5311 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7505 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5312_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">72.369</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps904 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5314_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(11.345)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps876 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5316_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps845\">(350)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5317_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.642</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps6217 ss615_1\"><div><div class=\"ps2435_1 ss609_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Variaciones del per\u00edmetro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5318_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.079</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5319_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(16.995)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6308 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5320 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.011.066</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5322 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">8.640</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5323 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(10.225)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:324.83pt\">Los pagos realizados en concepto de arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps5325_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:326.61pt\">Instrumentos financieros a valor razonable con cambios en otro resultado global</span></div><div class=\"ps5326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.91pt\">Las actividades de cobertura de flujos de efectivo corresponden a swaps de tipos de inter\u00e9s, explicadas en la Nota 13.3.</span></div><div class=\"ps5327_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:335.79pt\">Instrumentos financieros a valor razonable con cambios en la cuenta de resultados</span></div><div class=\"ps5328_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.83pt\">Los saldos de derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps5329_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:163.13pt\">Obligaciones y otros valores negociables</span></div><div class=\"ps5333_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.75pt\">Las emisiones de deuda recogidas en este ep\u00edgrafe y sus saldos a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5330\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:12.55pt\"> y </span><span class=\"f charStyle-f47c836a ps5331\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5332\" style=\"width:85.48pt\">, se presentan en el</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5334_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:69.86pt\">siguiente cuadro:</span></div><div class=\"ps5363_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Obligaciones y Bonos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5346_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5347_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5349_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5351_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.347</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7153 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5352_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5353_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-28c2751e ps5354\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5356_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.204</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5358_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps9426\">201</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5359_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.405</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5360_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.143</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5361_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">11.242</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5362_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">63.385</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5365_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Euro Commercial Paper Programme (ECP) </span><span class=\"f charStyle-b914b620 ps5364\"> </span></div><div class=\"ps5366_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">En julio del 2025 se ha renovado el programa de papel comercial (\u201cEuro-Commercial Paper Programme\u201d o ECP) con fecha de </span></div><div class=\"ps5367_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">vencimiento el 04 de julio del 2026, sometido a derecho ingl\u00e9s, por un importe m\u00e1ximo de hasta 300 millones de euros, en </span></div><div class=\"ps5097 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">virtud del cual se pueden realizar emisiones de instrumentos de deuda en Europa con un vencimiento inferior a 364 d\u00edas, hasta </span></div><div class=\"ps5099 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">dicho importe.</span></div><div class=\"ps5368_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Durante el ejercicio 2025, se amortiz\u00f3 la totalidad de las emisiones de European Commercial Papers vigentes en dicho periodo, </span></div><div class=\"ps5369_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">por un importe total de 11 millones de euros.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Bonos simples</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 19 de noviembre de 201</span><span class=\"f charStyle-5af4d000 ps5375\"><span style=\"background-color:inherit\">8</span></span><span class=\"f charStyle-f47c836a ps5376\"> la sociedad matriz realiz\u00f3 una emisi\u00f3n de bonos simples por un importe total de 30 millones de </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">euros con las siguientes caracter\u00edsticas:</span></div><div class=\"ps5425_1 ss0_2\"><div class=\"ss622_1 ws0 ps5424_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:30pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Importe de la emisi\u00f3n</span><span class=\"f charStyle-9a9a65cd ps5378\"> </span><span class=\"f charStyle-2bb7689f ps5379\"> </span><span class=\"f charStyle-0ad594fc ps5380\"> </span><span class=\"f charStyle-c6d3a001 ps5381\"> </span><span class=\"f charStyle-ecf5664c ps5382\"> </span><span class=\"f charStyle-36aa6839 ps5383\">....................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7138 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">30.000.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Nominal del bono</span><span class=\"f charStyle-2bb7689f ps5386_1\"> </span><span class=\"f charStyle-36aa6839 ps5387_1\">............................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7141 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Vencimiento</span><span class=\"f charStyle-cbebcc5c ps5389\"> </span><span class=\"f charStyle-8849c1f9 ps5390\"> </span><span class=\"f charStyle-c17977ef ps5391\"> </span><span class=\"f charStyle-2bb7689f ps5392\"> </span><span class=\"f charStyle-ecf5664c ps11312\"> </span><span class=\"f charStyle-36aa6839 ps5393\">....................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5394_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">12 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Rango de la deuda</span><span class=\"f charStyle-8849c1f9 ps5395\"> </span><span class=\"f charStyle-c17977ef ps5396\"> </span><span class=\"f charStyle-0ad594fc ps5397\"> </span><span class=\"f charStyle-36aa6839 ps5398\">..........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5399_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">Senior unsecured</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de la emisi\u00f3n</span><span class=\"f charStyle-c17977ef ps5400\"> </span><span class=\"f charStyle-2bb7689f ps5401\"> </span><span class=\"f charStyle-36aa6839 ps5402\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5403_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha de la emisi\u00f3n</span><span class=\"f charStyle-cbebcc5c ps5404\"> </span><span class=\"f charStyle-9a9a65cd ps5405\"> </span><span class=\"f charStyle-c17977ef ps5406_1\"> </span><span class=\"f charStyle-ecf5664c ps5407\"> </span><span class=\"f charStyle-36aa6839 ps5408\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5409_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2018</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha vencimiento</span><span class=\"f charStyle-cbebcc5c ps5410\"> </span><span class=\"f charStyle-2bb7689f ps5411\"> </span><span class=\"f charStyle-c6d3a001 ps5412\"> </span><span class=\"f charStyle-ecf5664c ps5413\"> </span><span class=\"f charStyle-36aa6839 ps5414\">.........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5415_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2030</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3838 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Cup\u00f3n</span><span class=\"f charStyle-9a9a65cd ps958\"> </span><span class=\"f charStyle-2bb7689f ps5417\"> </span><span class=\"f charStyle-0ad594fc ps5418\"> </span><span class=\"f charStyle-c6d3a001 ps3710\"> </span><span class=\"f charStyle-36aa6839 ps1940\">................................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5420_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">3,30% Fijo</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1725 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de amortizaci\u00f3n</span><span class=\"f charStyle-2bb7689f ps5421\"> </span><span class=\"f charStyle-36aa6839 ps5422\">..................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5423_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5426_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 25 de mayo del 2021 se realiz\u00f3 una ampliaci\u00f3n del importe nominal del bono de 22,5 millones de euros. Dicha emisi\u00f3n se </span></div><div class=\"ps5427 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">realiz\u00f3 bajo par, a un precio igual al 98,385% del nominal.</span></div><div class=\"ps5429_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:131.77pt\">Deudas con entidades de cr\u00e9dito</span><span class=\"f charStyle-8dfb1947 ps9115\" style=\"width:2.71pt\"> </span></div><div class=\"ps5434_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.23pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5430\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5431\" style=\"width:10.45pt\"> y </span><span class=\"f charStyle-f47c836a ps5432\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5433\" style=\"width:363.2pt\">, los saldos que el Grupo mantiene con entidades financieras, clasificados por naturaleza</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.26pt\">y vencimiento, son:</span></div><div class=\"ps5458_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">692.408</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">125.320</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">817.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">645.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">87.556</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">733.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">97.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">38.062</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">135.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">122.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">18.049</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">140.261</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1117 ss623_1\"><div><div class=\"ps568 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5446_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">94</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5447_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5448_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4707_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5449_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5450_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14180 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5452_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5453_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5454_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5455_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5456_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5457_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">880.578</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ejercicio 2025 se ha cancelado el saldo de p\u00f3lizas de cr\u00e9dito dispuestas (0,83 millones de euros en 2024), quedando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5462_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:134.67pt\">disponible al cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5460\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5461\" style=\"width:361.92pt\"> un saldo adicional de 201,5 millones de euros (en 2024 el saldo disponible fue de 275,67</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5463_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros)</span><span class=\"f charStyle-6b4d0e03 ps4575\" style=\"width:3.33pt\">.</span></div><div class=\"ps5466_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:295pt\">Los incrementos de deuda bancaria por nueva financiaci\u00f3n del ejercicio </span><span class=\"f charStyle-f47c836a ps5464\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5465\" style=\"width:201.74pt\">\u00a0 ascienden a 192,5 millones de euros, (sin incluir</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.5pt\">bonos simples ni importes por renovaci\u00f3n de ECP). En el ejercicio </span><span class=\"f charStyle-f47c836a ps5467\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5468\" style=\"width:226.09pt\"> este importe fue de 445,71 millones de euros. Durante</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el ejercicio 2025 se han amortizado 108,3 millones de euros y se han pagado intereses por importe de 42,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el ejercicio 2024 se amortizaron 654,6 millones de euros, de los cuales 414,4 millones de euros fueron cancelaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.34pt\">anticipada, adem\u00e1s, se pagaron intereses por importe de 61 millones de euros.</span></div><div class=\"ps5474_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.2pt\">El Grupo mantiene </span><span class=\"f charStyle-f47c836a ps5473\" style=\"width:431.36pt\">pr\u00e9stamos hipotecarios que corresponden a garant\u00edas sobre 7 hoteles cuyo valor neto contable total</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asciende a 374,3 millones de euros, mientras que en 2024 el valor neto contable de los activos hipotecados ascend\u00eda a 406,3</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.82pt\">millones de euros, tal como se ha indicado en la Nota 10.</span><span class=\"f charStyle-f47c836a ps5476\" style=\"width:2.71pt\"> </span></div><div class=\"ps5478_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5480_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.93pt\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span><span class=\"f charStyle-f47c836a ps13335\" style=\"width:2.71pt\"> </span></div><div class=\"ps5481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.2pt\">El detalle de vencimientos de la deuda bancaria es el siguiente:</span></div><div class=\"ps5528_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:166.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4584_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps467 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5055 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2453 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps1190\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8450 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5485\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5488 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps7010\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5489_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">125.332</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5490_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">264.833</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5491_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">180.457</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5493_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5492\">147.815</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5494_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">81.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5495_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5496_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">817.716</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5497_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">38.051</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5498_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5499_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">47.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5501_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5500\">10.471</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5503_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">7.874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5504_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">14.636</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5505_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">135.308</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"><div class=\"ps600 ss626_1\"><div><div class=\"ps568 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5507_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5508_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5509_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5510_1 ss315_1\"><div><div class=\"ps476 ss602\"><span class=\"f charStyle-f47c836a ps14581\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5511_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9228 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">31</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5514_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps3359\">117</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5515_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5516_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps708 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps5517\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5519_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5520_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">282.093</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5521_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">227.505</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5523_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps5522\">158.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5525_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">89.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5526_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">31.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5527_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">958.661</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.06pt\">Los saldos recogidos como Pasivos por arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros</span></div><div class=\"ps2466 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.82pt\">En el siguiente cuadro se muestra el detalle por los conceptos incluidos en este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5529\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5530\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5531\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5532\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5533\" style=\"width:2.71pt\"> </span></div><div class=\"ps5558_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Proveedores de inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fianzas recibidas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.583</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">996</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">706</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.702</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Otras deudas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">14.379</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5534_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">641</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.020</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2627 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Deuda con entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5536_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">27.482</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5537_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">7.473</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5538_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">34.955</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5539_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">28.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5540_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.743</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5541_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">33.042</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2632 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dividendo a pagar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5542 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5543 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5544_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5545_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dep\u00f3sitos recibidos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5546_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5547_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5548_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">597</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5549_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">627</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5550_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.190</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5551_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.817</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11131 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5552_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.287</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5553_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.810</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5554_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5555_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">44.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5556_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">25.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5557_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">69.764</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">La reducci\u00f3n conjunta de Otras deudas y Dep\u00f3sitos recibidos incluye la devoluci\u00f3n, en 2025, de 30 millones de d\u00f3lares</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">estadounidenses cobrados en 2023, como consecuencia de la cancelaci\u00f3n de una operaci\u00f3n inmobiliaria prevista en un hotel en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:30.91pt\">M\u00e9xico.</span><span class=\"f charStyle-f47c836a ps5561\" style=\"width:2.71pt\"> </span></div><div class=\"ps2972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.17pt\">El importe de la Deuda con entidades asociadas y negocios conjuntos se desglosa en la Nota 20.</span></div><div class=\"ps5563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.54pt\">13.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1983_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.46pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:197.04pt\">Actividades de cobertura y otros derivados</span></div><div class=\"ps5568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.28pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5564_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5565_1\" style=\"width:11.67pt\"> y </span><span class=\"f charStyle-f47c836a ps5566\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5567\" style=\"width:358.85pt\">, el valor razonable por vencimientos de los instrumentos financieros derivados que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps5569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:170.9pt\">Grupo tiene registrados son los siguientes:</span></div><div class=\"ps5616_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss627_1\"><div><div class=\"ps5335_1 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss629_1\"><div><div class=\"ps482 ss642\"><span class=\"f charStyle-4ed8e3ec ps5570\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss629_1\"><div><div class=\"ps482 ss642\"><span class=\"f charStyle-4ed8e3ec ps5570\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5571_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps331\">Largo</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5573_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps6268\">Corto</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5574_1 ss631_1\"><div><div class=\"ps476 ss853\"><span class=\"f charStyle-4ed8e3ec ps11561\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5575_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps331\">Largo</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14607 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps6268\">Corto</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5577 ss631_1\"><div><div class=\"ps476 ss853\"><span class=\"f charStyle-4ed8e3ec ps11561\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5578 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">658</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5579 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5580 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5581 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5582 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5583 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5584 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5585_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps11330\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5587_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps5586\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5588_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps3294\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5589_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps3294\">25.386</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8018 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5591 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5592_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps2186_1\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5593_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.640</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5594_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.537</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5596_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">17.448</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5597_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">25.985</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15797 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5599_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5600_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5601_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5602_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5603_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5604_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps10842 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5606 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5607_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5608_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5609_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5610_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">9.013</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5611_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5612_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">10.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5613_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">11.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5614_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps2186_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5615_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5617_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados de cobertura</span></div><div class=\"ps5618_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Enmarcados dentro de las pol\u00edticas de gesti\u00f3n del riesgo de tipo de inter\u00e9s (Nota 4.1), la Compa\u00f1\u00eda tiene contratados a cierre</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de ejercicio varios swaps de tipos de inter\u00e9s, cuyas condiciones cumplen con los requisitos para ser calificados como</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">instrumentos de cobertura de flujos de efectivo, por lo que las variaciones en el valor razonable de los mismos se imputan</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:190.33pt\">directamente en el patrimonio neto del Grupo.</span></div><div class=\"ps5622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las partidas cubiertas mediante estas operaciones de cobertura se encuentran registradas en el ep\u00edgrafe de Pr\u00e9stamos con</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">entidades de cr\u00e9dito. Mediante estos instrumentos financieros, se intercambian los tipos de inter\u00e9s de forma que la Compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5624_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">recibe del banco un tipo de inter\u00e9s variable a cambio de un pago de inter\u00e9s fijo para el mismo nominal. El tipo de inter\u00e9s</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5625 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">variable recibido por el derivado compensa el pago de intereses de la financiaci\u00f3n objeto de la cobertura. El resultado final es</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5626 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:213.94pt\">un pago de intereses fijo en la financiaci\u00f3n cubierta.</span></div><div class=\"ps5629 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:89.59pt\">Durante el ejercicio </span><span class=\"f charStyle-f47c836a ps5627_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5628_1\" style=\"width:407.12pt\">, el impacto positivo en patrimonio neto de estos instrumentos financieros derivados, una vez</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5630 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">imputada a resultados la parte correspondiente a la partida cubierta, y sin considerar el impacto fiscal, ha ascendido\u00a0 a 1,5</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5634 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:137.54pt\">millones de euros. En el ejercicio </span><span class=\"f charStyle-f47c836a ps5631_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5632\" style=\"width:212.55pt\">, el impacto\u00a0 fue negativo, de 5,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps5633_1\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:53.9pt\">Asimismo, a </span><span class=\"f charStyle-f47c836a ps5635\" style=\"width:105.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5636_1\" style=\"width:356.35pt\">, el valor nocional de los swaps de tipo de inter\u00e9s que califican como de cobertura</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.5pt\">asciende a 230,1\u00a0 millones de euros, mientras que en </span><span class=\"f charStyle-f47c836a ps5637_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5638_1\" style=\"width:184.24pt\"> este importe fue de 179,9 millones de euros.</span><span class=\"f charStyle-f47c836a ps5639\" style=\"width:2.71pt\"> </span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Para la determinaci\u00f3n de estos valores razonables se han utilizado t\u00e9cnicas de valoraci\u00f3n de descuento de los flujos de caja,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">en base a los impl\u00edcitos determinados por la curva de tipos de inter\u00e9s seg\u00fan las condiciones del mercado en la fecha de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:490.82pt\">valoraci\u00f3n. Dichas valoraciones fueron efectuadas por las entidades financieras con las que se contratan estos productos.</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados en cartera de negociaci\u00f3n</span></div><div class=\"ps1910_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">En el ep\u00edgrafe Activos por derivados en cartera de negociaci\u00f3n a corto plazo se ha producido la baja de un derivado asociado a</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1911_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">una opci\u00f3n de compra registrada en los estados financieros consolidados a 31 de diciembre de 2024 por 17 millones de euros y</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1912_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">que durante el presente ejercicio ha sido ejercida en el marco de una operaci\u00f3n destinada a adquirir una participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">minoritaria en un establecimiento hotelero en Espa\u00f1a, operado por el Grupo bajo un contrato de gesti\u00f3n. Dicha participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.87pt\">se ha registrado bajo el ep\u00edgrafe Instrumentos financieros a valor razonable con cambios en resultados (ver Nota 5).</span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las variaciones en los ep\u00edgrafes de Activos por Derivados en cartera de negociaci\u00f3n a largo plazo y Pasivos por Derivados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">cartera de negociaci\u00f3n a largo plazo corresponden a la actualizaci\u00f3n de valor tras el estudio realizado por el experto</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">independiente KPMG, de la opci\u00f3n de compra sobre las participaciones no dominantes de la sociedad del grupo Adprotel</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:388.43pt\">Strand, S.L., as\u00ed como del derecho de arrastre otorgado a socios minoritarios de dicha sociedad.</span></div><div class=\"ps1670_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.78pt\">Se desglosa a continuaci\u00f3n el detalle de vencimientos por ejercicio:</span></div><div class=\"ps5683_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:227.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14127 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5642_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7487 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1408\">&gt;4 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5646_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5645\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5647_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5649_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">77</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">37</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5651_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">138</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5652_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">406</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5653_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">770</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss635_1\"><div><div class=\"ps5654_1 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5656_1 ss636_1\"><div><div class=\"ps5654_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5657_1 ss636_1\"><div><div class=\"ps5654_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.870</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11190 ss634_1\"><div><div class=\"ps2107_1 ss633_1\"><span class=\"f charStyle-cf804784 ps5658\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5660_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">112</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5662 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1984\">77</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5663_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1984\">37</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5664_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">138</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5666_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">8.276</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5667_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">8.640</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11297 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5668_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5669_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">797</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5670_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">366</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5671 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2509 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5672 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5673 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.850</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2516 ss637_1\"><div><div class=\"ps964 ss633_1\"><span class=\"f charStyle-28c2751e ps5674_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15096 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">1.212</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5676 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">797</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5677_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">366</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5679_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps14233\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5680_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5682_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps351\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:266.78pt\">A efectos comparativos se detallan los vencimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5684\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5685\" style=\"width:3.3pt\">:</span></div><div class=\"ps5711_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:227.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14127 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5642_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7487 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1408\">&gt;4 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5646_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5645\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5647_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5649_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">97</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5651_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">40</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5653_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5688_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2020\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5656_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5657_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2020\">25.386</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps5674_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5689_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">17.448</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5690_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">97</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5691_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5692_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">40</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5693_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5694_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">25.985</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss638_1\"><div><div class=\"ps4506 ss633_1\"><span class=\"f charStyle-6f9b64c7 ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5696_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5697_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">1.397</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5698_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">872</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5699_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">428</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5701 ss639_1\"><div><div class=\"ps4506 ss13_1\"><span class=\"f charStyle-9b89ba1f ps5700_1\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5702 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5703 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5704 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps619 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps5674_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5705_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5706_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">1.397</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5707_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">872</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5708_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">428</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5709_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">9.269</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5710_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.77pt\">14.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5736_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.23pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:215.26pt\">Deudores comerciales y otras cuentas a cobrar</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.6pt\">A\u00a0 continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5737_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5738_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5739_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5740\" style=\"width:6.01pt\">: </span><span class=\"f charStyle-b914b620 ps5741\" style=\"width:2.71pt\"> </span></div><div class=\"ps5746 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:326.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11434 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Clientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5742 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5652_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">183.637</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Otras cuentas a cobrar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5743 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5656_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">81.843</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps5744_1\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5745 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">249.163</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5693_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">265.481</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5747 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:32.99pt\">Clientes</span></div><div class=\"ps5749_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.59pt\">El saldo de clientes por l\u00ednea de negocio a cierre de ejercicio se desglosa en el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps5748\" style=\"width:2.71pt\"> </span></div><div class=\"ps5765_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">113.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Inmobiliario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.032</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Club vacacional</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.217</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.766</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios de gesti\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">28.605</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">63.255</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps8239 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss428\"><div><div class=\"ps2435_1 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.041</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss428\"><div><div class=\"ps2435_1 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14598 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5763_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5764_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">183.637</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.3pt\">La antig\u00fcedad a cierre de ejercicio desde la fecha de vencimiento es la siguiente:</span><span class=\"f charStyle-f47c836a ps5766\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5788_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps952\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5770\">%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Menor a 90 d\u00edas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3277 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">133.377</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3278_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps10828\">78%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3279 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps2082_1\">145.475</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3281 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps12522\">79%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Superior a 90 y menor a 180</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5773_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">26.745</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5774_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps10828\">16%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5775_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">21.877</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5776_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps12522\">12%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Superior a 180 </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5777_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">11.125</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5779 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps5778_1\">6%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5780 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">16.286</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5782 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps5781_1\">9%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5784_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5785_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2128_1\">100%</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5786_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">183.637</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5787_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-28c2751e ps893\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5789_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otras cuentas a cobrar</span></div><div class=\"ps5795_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.73pt\">El desglose por naturaleza de los saldos recogidos en esta r\u00fabrica para los ejercicios </span><span class=\"f charStyle-f47c836a ps5790\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5791\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5792\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:14.55pt\"> es:</span><span class=\"f charStyle-f47c836a ps5794\" style=\"width:2.71pt\"> </span></div><div class=\"ps5800_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes periodificaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">17.642</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.024</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cr\u00e9ditos al personal</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">703</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">505</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica Deudora</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.229</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">29.991</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudas comerciales de entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.590</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">27.958</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.481</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cuentas corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5796_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">357</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5797_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">252</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps436 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5798_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5799_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">81.843</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5801_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Estos saldos hacen referencia a operaciones comerciales realizadas por el Grupo. La deuda de entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5803_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:146.75pt\">conjuntos se desglosa en la Nota 20.</span><span class=\"f charStyle-f47c836a ps5802\" style=\"width:2.71pt\"> </span></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 18.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps6581\"><span style=\"display:inline-block;height:11.34pt;width:8.79pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Acreedores Comerciales y Otras Cuentas a Pagar</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5718\">2025</span><span class=\"f charStyle-f47c836a ps5719\"> y </span><span class=\"f charStyle-f47c836a ps5720\">2024</span><span class=\"f charStyle-f47c836a ps5721\">:</span></div><div class=\"ps6591_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6582\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6582\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Acreedores comerciales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6584 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">361.276</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14496 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">334.727</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Otras cuentas a pagar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6586 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">162.152</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6587 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">138.655</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6590_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">523.428</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4612_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">473.383</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6593_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">18.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6592\"><span style=\"display:inline-block;height:6.8pt;width:0.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Acreedores comerciales</span></div><div class=\"ps6594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El saldo de acreedores comerciales incluye las deudas con proveedores de mercanc\u00edas, suministros y otros servicios pendientes</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de pago y/o de recepci\u00f3n de las correspondientes facturas a cierre de ejercicio por un importe de 259,5 millones de euros. A</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.49pt\">cierre del ejercicio anterior, este importe ascend\u00eda a 243,5 millones de euros.</span></div><div class=\"ps6597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Asimismo, se incluyen en este ep\u00edgrafe, principalmente, anticipos de clientes del negocio hotelero, que, a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:249.8pt\"> ascienden a 101,7 millones de euros. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6598\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6599\" style=\"width:228.11pt\"> los anticipos a clientes ascendieron a 91,2 millones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.06pt\">euros.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-540": {
   "value": "<div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1943_1\"><span style=\"display:inline-block;height:6.8pt;width:0.94pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Otros activos financieros</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de Otros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.59pt\">activos financieros del activo corriente y no corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4974\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps4975\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4976\" style=\"width:3.3pt\">:</span></div><div class=\"ps3025 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td></tr><tr style=\"height:20.25pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss567_1\"><div><div class=\"ps5035_1 ss169_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5037 ss569_1\"><div><div class=\"ps1100_1 ss568_1\"><span class=\"f charStyle-40b73844 ps5036\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps13660 ss570_1\"><div><div class=\"ps1100_1 ss606\"><span class=\"f charStyle-40b73844 ps5038\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4978_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4980_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4981_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4982_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4983_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4984_1 ss341_1\"><div><div class=\"ps3465 ss312\"><span class=\"f charStyle-40b73844 ps1803\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros valorados posteriormente a coste amortizado:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cr\u00e9ditos a entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4986_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4987_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">37.029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4988_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">68.886</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4990_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">49.660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4991_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">81.167</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6862 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros cr\u00e9ditos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4992_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4993_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4994_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">24.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4995_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4997_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.172</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4998_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">33.850</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4999_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.522</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5000_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.843</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5001_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">42.365</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5002_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.106</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5003_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">3.411</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5004_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.517</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps1255 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1280 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5006_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">658</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5007_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5008_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5009_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5010_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5011_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">599</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">3. Instrumentos financieros a valor razonable con cambios en resultados:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6202 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5012_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5013_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5014_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5015_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">310</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11722 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5017_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5018_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5019_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5020_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11732 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">25.386</span></div></div></div></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1748 ss564_1\"><div><div class=\"ps1306 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Instrumentos de patrimonio no </span></div><div class=\"ps1308 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5022_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5023_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5024_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5025_1 ss566_1\"><div><div class=\"ps1311_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">23.242</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5027_1 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-40b73844 ps5026\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5028_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">132.591</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5029_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">51.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5030_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">183.592</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5031 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">129.071</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5032_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">79.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5034_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-40b73844 ps2167\">208.072</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5040_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El cuadro no incluye los ep\u00edgrafes de Deudores comerciales y otras cuentas a cobrar ni el de Efectivo y otros medios l\u00edquidos</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps5041_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">equivalentes, que tambi\u00e9n son activos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5042 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.52pt\">adicionales en la Nota 14.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsDesignatedAtFairValueThroughProfitOrLossExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-541": {
   "value": "<div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de Otros</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:398.59pt\">activos financieros del activo corriente y no corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4974\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps4975\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps4976\" style=\"width:3.3pt\">:</span></div><div class=\"ps3025 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54pt\"></td></tr><tr style=\"height:20.25pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss567_1\"><div><div class=\"ps5035_1 ss169_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5037 ss569_1\"><div><div class=\"ps1100_1 ss568_1\"><span class=\"f charStyle-40b73844 ps5036\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps13660 ss570_1\"><div><div class=\"ps1100_1 ss606\"><span class=\"f charStyle-40b73844 ps5038\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4978_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4980_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4981_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps2186_1\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4982_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4977\">Largo plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4983_1 ss240_1\"><div><div class=\"ps3465 ss237_1\"><span class=\"f charStyle-40b73844 ps4979\">Corto plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4984_1 ss341_1\"><div><div class=\"ps3465 ss312\"><span class=\"f charStyle-40b73844 ps1803\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros valorados posteriormente a coste amortizado:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cr\u00e9ditos a entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4986_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4987_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">37.029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4988_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">68.886</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">31.507</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4990_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">49.660</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4991_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">81.167</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6862 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros cr\u00e9ditos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4992_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">13.603</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4993_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">11.396</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4994_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">24.999</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4995_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">25.679</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4997_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.172</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4998_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">33.850</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4999_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.522</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5000_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">1.843</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5001_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">42.365</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5002_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">40.106</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5003_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">3.411</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5004_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">43.517</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps1255 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1280 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5006_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">658</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5007_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5008_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5009_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5010_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5011_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">599</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"7\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps11379 ss561_1\"><div><div class=\"ps649 ss560_1\"><span class=\"f charStyle-40b73844 ps267\">3. Instrumentos financieros a valor razonable con cambios en resultados:</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#8E8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6202 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Cartera negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5012_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5013_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">621</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5014_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps14178\">310</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5015_1 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps3708_1\">310</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11722 ss563_1\"><div><div class=\"ps775_1 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5017_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5018_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5019_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps9477\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5020_1 ss521_1\"><div><div class=\"ps775_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11732 ss354_1\"><div><div class=\"ps775_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">25.386</span></div></div></div></td></tr><tr style=\"height:21pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1748 ss564_1\"><div><div class=\"ps1306 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">- Instrumentos de patrimonio no </span></div><div class=\"ps1308 ss169_1\"><span class=\"f charStyle-10d23c65 ps276\">cotizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5022_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5023_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">38.080</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5024_1 ss565_1\"><div><div class=\"ps1311_1 ss237_1\"><span class=\"f charStyle-10d23c65 ps2658\">23.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5025_1 ss566_1\"><div><div class=\"ps1311_1 ss312\"><span class=\"f charStyle-10d23c65 ps2032\">23.242</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5027_1 ss185_1\"><div><div class=\"ps649 ss169_1\"><span class=\"f charStyle-40b73844 ps5026\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5028_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">132.591</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5029_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">51.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5030_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">183.592</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5031 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps15257\">129.071</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5032_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-40b73844 ps4691\">79.001</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5034_1 ss348_1\"><div><div class=\"ps649 ss312\"><span class=\"f charStyle-40b73844 ps2167\">208.072</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5213_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1963_1\"><span style=\"display:inline-block;height:6.8pt;width:14.45pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Otros pasivos financieros</span></div><div class=\"ps5214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Obligaciones y otros valores negociables, Deudas con entidades de cr\u00e9dito y Otros pasivos financieros del pasivo corriente y no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:218.88pt\">corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps5216\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5217\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5218\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5219_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5220_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5278 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:195.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss603_1\"><div><div class=\"ps5222 ss602_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11088 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5225_1 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5228_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5230_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5232_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5233_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5234_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5235_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8139 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps7153 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5236_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5237_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5238_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5239_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5240_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5241_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">3.667</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8145 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en la cuenta de resultados:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1231 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5243_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5244_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5245_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5246_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2632 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">3. Otros pasivos financieros a coste amortizado:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7026 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Obligaciones y otros valores negociables</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5247_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5248_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5249_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5250_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5251_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">11.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5252_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">63.385</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3753 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Deudas con entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5253_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">789.735</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5254_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">168.926</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5255_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5256_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5257_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">880.578</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5258_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.279.482</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5259_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">142.803</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5260_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.422.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5261_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.312.338</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5262_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">151.595</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5263_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.463.933</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3554 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Otros pasivos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5265_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.287</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5266_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.810</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5267_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5268 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">44.302</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5269 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">25.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5270 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.764</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5292 ss608_1\"><div><div class=\"ps649 ss602_1\"><span class=\"f charStyle-40b73844 ps5271_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5272 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.159.721</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5273 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">342.952</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5274 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.502.673</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5275 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.189.771</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5276 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">300.755</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5277 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.490.526</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">No se incluyen los saldos recogidos en el ep\u00edgrafe Acreedores comerciales y otras cuentas a pagar, que tambi\u00e9n se consideran</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.47pt\">pasivos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses adicionales en la Nota 18.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el siguiente cuadro se muestra la conciliaci\u00f3n de los cambios en los activos y pasivos procedentes de actividades de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">financiaci\u00f3n. Se han considerado las emisiones y amortizaciones de deuda (Obligaciones y otros valores negociables y Deudas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.41pt\">con entidades de cr\u00e9dito), as\u00ed como los Instrumentos financieros derivados (cobertura y en cartera de negociaci\u00f3n):</span><span class=\"f charStyle-f47c836a ps5281\" style=\"width:2.71pt\"> </span></div><div class=\"ps3950_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:265.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:26.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss610_1\"><div><div class=\"ps5282_1 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5290_1 ss611_1\"><div><div class=\"ps5284_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps2015\">Obligaciones y </span></div><div class=\"ps5285_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1859\">Deudas con </span></div><div class=\"ps5287_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1297\">entidades de </span></div><div class=\"ps5289_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5288\">cr\u00e9dito</span></div></div></div></td><td style=\"border-right:2pt solid #ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #ffffff;border-left:2pt solid #ffffff;border-right:2pt solid #ffffff;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps3147 ss612_1\"><div><div class=\"ps5291_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps5227\">Instrumentos financieros a valor </span></div><div class=\"ps5292_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps1211_1\">razonable</span></div></div></div></td></tr><tr style=\"height:26.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5295_1 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5293\">Activo</span></div></div></div></td><td style=\"border-top:2pt solid #ffffff;padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5297 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5299_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.323.894</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5300_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">24.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5302_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps5936\">0</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3823 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5304 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps5303\">(393.394)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1117 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5305 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">13.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7023 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5306_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">1.822</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5308 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5309 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">943.962</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5310_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">25.985</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5311 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7505 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5312_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">72.369</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps904 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5314_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(11.345)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps876 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5316_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps845\">(350)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5317_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.642</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps6217 ss615_1\"><div><div class=\"ps2435_1 ss609_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Variaciones del per\u00edmetro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5318_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.079</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5319_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(16.995)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6308 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5320 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.011.066</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5322 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">8.640</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5323 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(10.225)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:324.83pt\">Los pagos realizados en concepto de arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps5325_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:326.61pt\">Instrumentos financieros a valor razonable con cambios en otro resultado global</span></div><div class=\"ps5326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.91pt\">Las actividades de cobertura de flujos de efectivo corresponden a swaps de tipos de inter\u00e9s, explicadas en la Nota 13.3.</span></div><div class=\"ps5327_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:335.79pt\">Instrumentos financieros a valor razonable con cambios en la cuenta de resultados</span></div><div class=\"ps5328_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.83pt\">Los saldos de derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps5329_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:163.13pt\">Obligaciones y otros valores negociables</span></div><div class=\"ps5333_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.75pt\">Las emisiones de deuda recogidas en este ep\u00edgrafe y sus saldos a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5330\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:12.55pt\"> y </span><span class=\"f charStyle-f47c836a ps5331\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5332\" style=\"width:85.48pt\">, se presentan en el</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5334_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:69.86pt\">siguiente cuadro:</span></div><div class=\"ps5363_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Obligaciones y Bonos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5346_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5347_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5349_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5351_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.347</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7153 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5352_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5353_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-28c2751e ps5354\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5356_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.204</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5358_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps9426\">201</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5359_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.405</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5360_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.143</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5361_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">11.242</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5362_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">63.385</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5365_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Euro Commercial Paper Programme (ECP) </span><span class=\"f charStyle-b914b620 ps5364\"> </span></div><div class=\"ps5366_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">En julio del 2025 se ha renovado el programa de papel comercial (\u201cEuro-Commercial Paper Programme\u201d o ECP) con fecha de </span></div><div class=\"ps5367_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">vencimiento el 04 de julio del 2026, sometido a derecho ingl\u00e9s, por un importe m\u00e1ximo de hasta 300 millones de euros, en </span></div><div class=\"ps5097 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">virtud del cual se pueden realizar emisiones de instrumentos de deuda en Europa con un vencimiento inferior a 364 d\u00edas, hasta </span></div><div class=\"ps5099 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">dicho importe.</span></div><div class=\"ps5368_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Durante el ejercicio 2025, se amortiz\u00f3 la totalidad de las emisiones de European Commercial Papers vigentes en dicho periodo, </span></div><div class=\"ps5369_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">por un importe total de 11 millones de euros.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Bonos simples</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 19 de noviembre de 201</span><span class=\"f charStyle-5af4d000 ps5375\"><span style=\"background-color:inherit\">8</span></span><span class=\"f charStyle-f47c836a ps5376\"> la sociedad matriz realiz\u00f3 una emisi\u00f3n de bonos simples por un importe total de 30 millones de </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">euros con las siguientes caracter\u00edsticas:</span></div><div class=\"ps5425_1 ss0_2\"><div class=\"ss622_1 ws0 ps5424_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:30pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Importe de la emisi\u00f3n</span><span class=\"f charStyle-9a9a65cd ps5378\"> </span><span class=\"f charStyle-2bb7689f ps5379\"> </span><span class=\"f charStyle-0ad594fc ps5380\"> </span><span class=\"f charStyle-c6d3a001 ps5381\"> </span><span class=\"f charStyle-ecf5664c ps5382\"> </span><span class=\"f charStyle-36aa6839 ps5383\">....................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7138 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">30.000.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Nominal del bono</span><span class=\"f charStyle-2bb7689f ps5386_1\"> </span><span class=\"f charStyle-36aa6839 ps5387_1\">............................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7141 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Vencimiento</span><span class=\"f charStyle-cbebcc5c ps5389\"> </span><span class=\"f charStyle-8849c1f9 ps5390\"> </span><span class=\"f charStyle-c17977ef ps5391\"> </span><span class=\"f charStyle-2bb7689f ps5392\"> </span><span class=\"f charStyle-ecf5664c ps11312\"> </span><span class=\"f charStyle-36aa6839 ps5393\">....................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5394_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">12 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Rango de la deuda</span><span class=\"f charStyle-8849c1f9 ps5395\"> </span><span class=\"f charStyle-c17977ef ps5396\"> </span><span class=\"f charStyle-0ad594fc ps5397\"> </span><span class=\"f charStyle-36aa6839 ps5398\">..........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5399_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">Senior unsecured</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de la emisi\u00f3n</span><span class=\"f charStyle-c17977ef ps5400\"> </span><span class=\"f charStyle-2bb7689f ps5401\"> </span><span class=\"f charStyle-36aa6839 ps5402\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5403_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha de la emisi\u00f3n</span><span class=\"f charStyle-cbebcc5c ps5404\"> </span><span class=\"f charStyle-9a9a65cd ps5405\"> </span><span class=\"f charStyle-c17977ef ps5406_1\"> </span><span class=\"f charStyle-ecf5664c ps5407\"> </span><span class=\"f charStyle-36aa6839 ps5408\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5409_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2018</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha vencimiento</span><span class=\"f charStyle-cbebcc5c ps5410\"> </span><span class=\"f charStyle-2bb7689f ps5411\"> </span><span class=\"f charStyle-c6d3a001 ps5412\"> </span><span class=\"f charStyle-ecf5664c ps5413\"> </span><span class=\"f charStyle-36aa6839 ps5414\">.........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5415_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2030</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3838 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Cup\u00f3n</span><span class=\"f charStyle-9a9a65cd ps958\"> </span><span class=\"f charStyle-2bb7689f ps5417\"> </span><span class=\"f charStyle-0ad594fc ps5418\"> </span><span class=\"f charStyle-c6d3a001 ps3710\"> </span><span class=\"f charStyle-36aa6839 ps1940\">................................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5420_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">3,30% Fijo</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1725 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de amortizaci\u00f3n</span><span class=\"f charStyle-2bb7689f ps5421\"> </span><span class=\"f charStyle-36aa6839 ps5422\">..................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5423_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5426_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 25 de mayo del 2021 se realiz\u00f3 una ampliaci\u00f3n del importe nominal del bono de 22,5 millones de euros. Dicha emisi\u00f3n se </span></div><div class=\"ps5427 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">realiz\u00f3 bajo par, a un precio igual al 98,385% del nominal.</span></div><div class=\"ps5429_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:131.77pt\">Deudas con entidades de cr\u00e9dito</span><span class=\"f charStyle-8dfb1947 ps9115\" style=\"width:2.71pt\"> </span></div><div class=\"ps5434_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.23pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5430\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5431\" style=\"width:10.45pt\"> y </span><span class=\"f charStyle-f47c836a ps5432\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5433\" style=\"width:363.2pt\">, los saldos que el Grupo mantiene con entidades financieras, clasificados por naturaleza</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.26pt\">y vencimiento, son:</span></div><div class=\"ps5458_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">692.408</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">125.320</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">817.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">645.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">87.556</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">733.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">97.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">38.062</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">135.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">122.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">18.049</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">140.261</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1117 ss623_1\"><div><div class=\"ps568 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5446_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">94</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5447_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5448_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4707_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5449_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5450_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14180 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5452_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5453_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5454_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5455_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5456_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5457_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">880.578</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ejercicio 2025 se ha cancelado el saldo de p\u00f3lizas de cr\u00e9dito dispuestas (0,83 millones de euros en 2024), quedando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5462_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:134.67pt\">disponible al cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5460\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5461\" style=\"width:361.92pt\"> un saldo adicional de 201,5 millones de euros (en 2024 el saldo disponible fue de 275,67</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5463_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros)</span><span class=\"f charStyle-6b4d0e03 ps4575\" style=\"width:3.33pt\">.</span></div><div class=\"ps5466_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:295pt\">Los incrementos de deuda bancaria por nueva financiaci\u00f3n del ejercicio </span><span class=\"f charStyle-f47c836a ps5464\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5465\" style=\"width:201.74pt\">\u00a0 ascienden a 192,5 millones de euros, (sin incluir</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.5pt\">bonos simples ni importes por renovaci\u00f3n de ECP). En el ejercicio </span><span class=\"f charStyle-f47c836a ps5467\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5468\" style=\"width:226.09pt\"> este importe fue de 445,71 millones de euros. Durante</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el ejercicio 2025 se han amortizado 108,3 millones de euros y se han pagado intereses por importe de 42,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el ejercicio 2024 se amortizaron 654,6 millones de euros, de los cuales 414,4 millones de euros fueron cancelaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.34pt\">anticipada, adem\u00e1s, se pagaron intereses por importe de 61 millones de euros.</span></div><div class=\"ps5474_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.2pt\">El Grupo mantiene </span><span class=\"f charStyle-f47c836a ps5473\" style=\"width:431.36pt\">pr\u00e9stamos hipotecarios que corresponden a garant\u00edas sobre 7 hoteles cuyo valor neto contable total</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asciende a 374,3 millones de euros, mientras que en 2024 el valor neto contable de los activos hipotecados ascend\u00eda a 406,3</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.82pt\">millones de euros, tal como se ha indicado en la Nota 10.</span><span class=\"f charStyle-f47c836a ps5476\" style=\"width:2.71pt\"> </span></div><div class=\"ps5478_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5480_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.93pt\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span><span class=\"f charStyle-f47c836a ps13335\" style=\"width:2.71pt\"> </span></div><div class=\"ps5481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.2pt\">El detalle de vencimientos de la deuda bancaria es el siguiente:</span></div><div class=\"ps5528_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:166.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4584_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps467 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5055 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2453 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps1190\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8450 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5485\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5488 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps7010\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5489_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">125.332</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5490_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">264.833</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5491_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">180.457</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5493_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5492\">147.815</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5494_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">81.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5495_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5496_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">817.716</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5497_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">38.051</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5498_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5499_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">47.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5501_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5500\">10.471</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5503_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">7.874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5504_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">14.636</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5505_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">135.308</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"><div class=\"ps600 ss626_1\"><div><div class=\"ps568 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5507_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5508_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5509_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5510_1 ss315_1\"><div><div class=\"ps476 ss602\"><span class=\"f charStyle-f47c836a ps14581\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5511_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9228 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">31</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5514_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps3359\">117</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5515_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5516_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps708 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps5517\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5519_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5520_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">282.093</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5521_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">227.505</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5523_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps5522\">158.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5525_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">89.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5526_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">31.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5527_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">958.661</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.06pt\">Los saldos recogidos como Pasivos por arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros</span></div><div class=\"ps2466 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.82pt\">En el siguiente cuadro se muestra el detalle por los conceptos incluidos en este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5529\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5530\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5531\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5532\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5533\" style=\"width:2.71pt\"> </span></div><div class=\"ps5558_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Proveedores de inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fianzas recibidas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.583</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">996</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">706</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.702</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Otras deudas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">14.379</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5534_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">641</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.020</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2627 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Deuda con entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5536_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">27.482</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5537_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">7.473</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5538_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">34.955</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5539_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">28.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5540_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.743</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5541_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">33.042</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2632 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dividendo a pagar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5542 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5543 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5544_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5545_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dep\u00f3sitos recibidos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5546_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5547_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5548_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">597</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5549_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">627</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5550_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.190</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5551_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.817</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11131 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5552_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.287</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5553_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.810</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5554_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5555_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">44.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5556_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">25.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5557_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">69.764</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">La reducci\u00f3n conjunta de Otras deudas y Dep\u00f3sitos recibidos incluye la devoluci\u00f3n, en 2025, de 30 millones de d\u00f3lares</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">estadounidenses cobrados en 2023, como consecuencia de la cancelaci\u00f3n de una operaci\u00f3n inmobiliaria prevista en un hotel en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:30.91pt\">M\u00e9xico.</span><span class=\"f charStyle-f47c836a ps5561\" style=\"width:2.71pt\"> </span></div><div class=\"ps2972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.17pt\">El importe de la Deuda con entidades asociadas y negocios conjuntos se desglosa en la Nota 20.</span></div><div class=\"ps5563_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.54pt\">13.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1983_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.46pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:197.04pt\">Actividades de cobertura y otros derivados</span></div><div class=\"ps5568_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:107.28pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5564_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5565_1\" style=\"width:11.67pt\"> y </span><span class=\"f charStyle-f47c836a ps5566\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5567\" style=\"width:358.85pt\">, el valor razonable por vencimientos de los instrumentos financieros derivados que el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps5569_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:170.9pt\">Grupo tiene registrados son los siguientes:</span></div><div class=\"ps5616_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:200.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:49.5pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss627_1\"><div><div class=\"ps5335_1 ss127\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps14998 ss629_1\"><div><div class=\"ps482 ss642\"><span class=\"f charStyle-4ed8e3ec ps5570\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2052_1 ss629_1\"><div><div class=\"ps482 ss642\"><span class=\"f charStyle-4ed8e3ec ps5570\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5571_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps331\">Largo</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5573_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps6268\">Corto</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5574_1 ss631_1\"><div><div class=\"ps476 ss853\"><span class=\"f charStyle-4ed8e3ec ps11561\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5575_1 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps331\">Largo</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14607 ss631_1\"><div><div class=\"ps5338_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps6268\">Corto</span></div><div class=\"ps5339_1 ss853\"><span class=\"f charStyle-4ed8e3ec ps5502\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5577 ss631_1\"><div><div class=\"ps476 ss853\"><span class=\"f charStyle-4ed8e3ec ps11561\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5578 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">658</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5579 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5580 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">770</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5581 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">207</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5582 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5583 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5584 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5585_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps11330\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5587_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps5586\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5588_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps3294\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5589_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-8b2dbd07 ps3294\">25.386</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8018 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5591 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.528</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5592_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps2186_1\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5593_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.640</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5594_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">8.537</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5596_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">17.448</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5597_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">25.985</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15797 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5599_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5600_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5601_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5602_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5603_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps4387\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5604_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps10842 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5606 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5607_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5608_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5609_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-934a7fa2 ps11330\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss429_1\"><div><div class=\"ps482 ss127\"><span class=\"f charStyle-4ed8e3ec ps4086\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5610_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">9.013</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5611_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5590_1\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5612_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">10.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5613_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">11.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5614_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps2186_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5615_1 ss632_1\"><div><div class=\"ps482 ss853\"><span class=\"f charStyle-4ed8e3ec ps5595\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5617_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados de cobertura</span></div><div class=\"ps5618_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Enmarcados dentro de las pol\u00edticas de gesti\u00f3n del riesgo de tipo de inter\u00e9s (Nota 4.1), la Compa\u00f1\u00eda tiene contratados a cierre</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5619_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de ejercicio varios swaps de tipos de inter\u00e9s, cuyas condiciones cumplen con los requisitos para ser calificados como</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">instrumentos de cobertura de flujos de efectivo, por lo que las variaciones en el valor razonable de los mismos se imputan</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:190.33pt\">directamente en el patrimonio neto del Grupo.</span></div><div class=\"ps5622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las partidas cubiertas mediante estas operaciones de cobertura se encuentran registradas en el ep\u00edgrafe de Pr\u00e9stamos con</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5623_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">entidades de cr\u00e9dito. Mediante estos instrumentos financieros, se intercambian los tipos de inter\u00e9s de forma que la Compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5624_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">recibe del banco un tipo de inter\u00e9s variable a cambio de un pago de inter\u00e9s fijo para el mismo nominal. El tipo de inter\u00e9s</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5625 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">variable recibido por el derivado compensa el pago de intereses de la financiaci\u00f3n objeto de la cobertura. El resultado final es</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5626 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:213.94pt\">un pago de intereses fijo en la financiaci\u00f3n cubierta.</span></div><div class=\"ps5629 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:89.59pt\">Durante el ejercicio </span><span class=\"f charStyle-f47c836a ps5627_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5628_1\" style=\"width:407.12pt\">, el impacto positivo en patrimonio neto de estos instrumentos financieros derivados, una vez</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5630 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">imputada a resultados la parte correspondiente a la partida cubierta, y sin considerar el impacto fiscal, ha ascendido\u00a0 a 1,5</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5634 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:137.54pt\">millones de euros. En el ejercicio </span><span class=\"f charStyle-f47c836a ps5631_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5632\" style=\"width:212.55pt\">, el impacto\u00a0 fue negativo, de 5,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps5633_1\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:53.9pt\">Asimismo, a </span><span class=\"f charStyle-f47c836a ps5635\" style=\"width:105.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5636_1\" style=\"width:356.35pt\">, el valor nocional de los swaps de tipo de inter\u00e9s que califican como de cobertura</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:217.5pt\">asciende a 230,1\u00a0 millones de euros, mientras que en </span><span class=\"f charStyle-f47c836a ps5637_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5638_1\" style=\"width:184.24pt\"> este importe fue de 179,9 millones de euros.</span><span class=\"f charStyle-f47c836a ps5639\" style=\"width:2.71pt\"> </span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Para la determinaci\u00f3n de estos valores razonables se han utilizado t\u00e9cnicas de valoraci\u00f3n de descuento de los flujos de caja,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">en base a los impl\u00edcitos determinados por la curva de tipos de inter\u00e9s seg\u00fan las condiciones del mercado en la fecha de</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:490.82pt\">valoraci\u00f3n. Dichas valoraciones fueron efectuadas por las entidades financieras con las que se contratan estos productos.</span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Derivados en cartera de negociaci\u00f3n</span></div><div class=\"ps1910_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">En el ep\u00edgrafe Activos por derivados en cartera de negociaci\u00f3n a corto plazo se ha producido la baja de un derivado asociado a</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1911_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">una opci\u00f3n de compra registrada en los estados financieros consolidados a 31 de diciembre de 2024 por 17 millones de euros y</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1912_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">que durante el presente ejercicio ha sido ejercida en el marco de una operaci\u00f3n destinada a adquirir una participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1227 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">minoritaria en un establecimiento hotelero en Espa\u00f1a, operado por el Grupo bajo un contrato de gesti\u00f3n. Dicha participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1913 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.87pt\">se ha registrado bajo el ep\u00edgrafe Instrumentos financieros a valor razonable con cambios en resultados (ver Nota 5).</span></div><div class=\"ps1669_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Las variaciones en los ep\u00edgrafes de Activos por Derivados en cartera de negociaci\u00f3n a largo plazo y Pasivos por Derivados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1582_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">cartera de negociaci\u00f3n a largo plazo corresponden a la actualizaci\u00f3n de valor tras el estudio realizado por el experto</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1585_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">independiente KPMG, de la opci\u00f3n de compra sobre las participaciones no dominantes de la sociedad del grupo Adprotel</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1586_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:388.43pt\">Strand, S.L., as\u00ed como del derecho de arrastre otorgado a socios minoritarios de dicha sociedad.</span></div><div class=\"ps1670_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.78pt\">Se desglosa a continuaci\u00f3n el detalle de vencimientos por ejercicio:</span></div><div class=\"ps5683_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:227.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14127 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5642_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7487 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1408\">&gt;4 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5646_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5645\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5647_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">112</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5649_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">77</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">37</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5651_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">138</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5652_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">406</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5653_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">770</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss635_1\"><div><div class=\"ps5654_1 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5656_1 ss636_1\"><div><div class=\"ps5654_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.870</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5657_1 ss636_1\"><div><div class=\"ps5654_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.870</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11190 ss634_1\"><div><div class=\"ps2107_1 ss633_1\"><span class=\"f charStyle-cf804784 ps5658\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5660_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">112</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5662 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1984\">77</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5663_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1984\">37</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5664_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">138</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5666_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">8.276</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5667_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">8.640</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11297 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5668_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5669_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">797</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5670_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">366</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5671 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">2.375</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2509 ss634_1\"><div><div class=\"ps1746 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5672 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5673 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">7.850</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2516 ss637_1\"><div><div class=\"ps964 ss633_1\"><span class=\"f charStyle-28c2751e ps5674_1\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps15096 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">1.212</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5676 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">797</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5677_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps6647\">366</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5679_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps14233\">0</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5680_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps1203\">7.850</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5682_1 ss28_1\"><div><div class=\"ps964 ss13_1\"><span class=\"f charStyle-28c2751e ps351\">10.225</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5686_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:266.78pt\">A efectos comparativos se detallan los vencimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5684\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5685\" style=\"width:3.3pt\">:</span></div><div class=\"ps5711_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:227.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:45pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14127 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5642_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7487 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4027_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5640\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1408\">&gt;4 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5646_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps5645\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5647_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">392</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5649_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">97</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5651_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps5648\">40</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5653_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">599</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Activos por derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5688_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2020\">17.056</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5656_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5657_1 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2020\">25.386</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps5674_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5689_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">17.448</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5690_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">97</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5691_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5692_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1984\">40</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5693_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">8.330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5694_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">25.985</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12596 ss638_1\"><div><div class=\"ps4506 ss633_1\"><span class=\"f charStyle-6f9b64c7 ps267\">Pasivos por derivados de cobertura</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5696_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5697_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">1.397</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5698_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">872</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5699_1 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps2658\">428</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps5701 ss639_1\"><div><div class=\"ps4506 ss13_1\"><span class=\"f charStyle-9b89ba1f ps5700_1\">69</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5702 ss639_1\"><div><div class=\"ps5695_1 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">3.667</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps613 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-934a7fa2 ps267\">Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5703 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5704 ss40_1\"><div><div class=\"ps1746 ss13_1\"><span class=\"f charStyle-934a7fa2 ps1229\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps619 ss634_1\"><div><div class=\"ps482 ss633_1\"><span class=\"f charStyle-4ed8e3ec ps5674_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5705_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5706_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">1.397</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5707_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">872</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5708_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps6647\">428</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5709_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps1203\">9.269</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5710_1 ss40_1\"><div><div class=\"ps482 ss13_1\"><span class=\"f charStyle-4ed8e3ec ps351\">12.867</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-542": {
   "value": "<div class=\"ps1797 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:282.86pt\">Instrumentos financieros a valor razonable con cambios en resultados</span></div><div class=\"ps1256 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps1641_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">La cartera de negociaci\u00f3n incluye instrumentos de patrimonio cotizados cuyo valor en estos mercados se toma como referencia </span></div><div class=\"ps1642_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">para el c\u00e1lculo del valor razonable de estas inversiones.</span></div><div class=\"ps1823_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">A continuaci\u00f3n se ofrece el desglose y movimiento de los instrumentos de patrimonio no cotizado, que corresponden</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1940 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:393.79pt\">principalmente a participaciones en sociedades propietarias de hoteles gestionados por el Grupo:</span></div><div class=\"ps5155 ss0_2\"><div class=\"ss587_1 ws0 ps5154_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:93pt\"></td><td style=\"padding:0;width:95.25pt\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss576_1\"><div><div class=\"ps5104_1 ss575_1\"><span class=\"f charStyle-28c2751e ps6115\">\u00a0 \u00a0  (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5106_1 ss577_1\"><div><div class=\"ps5104_1 ss198_1\"><span class=\"f charStyle-28c2751e ps1794\">%</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5898 ss579_1\"><div><div class=\"ps5104_1 ss578_1\"><span class=\"f charStyle-4ed8e3ec ps2264_1\">Saldo 31/12/2025</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9350 ss581_1\"><div><div class=\"ps5104_1 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps1310_1\">Saldo 31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps593 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Hotelera Sancti Petri, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5112_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">19,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5114_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps15103\">2.634</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5116_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps5115\">2.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12593 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Port Cambrils Inversions, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5118_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">10,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5120_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">980</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5122_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3729 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Inveragua RD, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5124_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">14,24%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5125_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">131</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5126_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">131</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10827 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Valle Yamury, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5127_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps331\">8,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5128_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps5119\">358</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5129_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps1954\">358</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10835 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Victoria Hotels &amp; Resorts, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5130_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps331\">7,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5132_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-8b2dbd07 ps1925\">18.109</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5134_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps2119\">19.216</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14524 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">TCME Hospitality and Leisure, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5136_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5111\">15,17%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5137_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-9faf05d8 ps1925\">15.945</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15895 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5935 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-9faf05d8 ps5138\">9</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5141_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-8b2dbd07 ps5140\">9</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps2445 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5142\">TOTAL INVERSI\u00d3N</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5144_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps5143\">38.166</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5146_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps1136\">23.328</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps326_1 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5147\">P\u00c9RDIDAS POR DETERIORO</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5148_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps2485\">(85)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5150_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps7292\">(85)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps519 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5151\">TOTAL VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5152_1 ss583_1\"><div><div class=\"ps482 ss578_1\"><span class=\"f charStyle-28c2751e ps5143\">38.081</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5153_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-28c2751e ps1136\">23.242</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las variaciones del ejercicio corresponden a la adquisici\u00f3n de una participaci\u00f3n minoritaria del 15,17% en\u00a0 TCME Hospitality</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5157 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">and Leisure, S.L., sociedad propietaria de un establecimiento hotelero en Espa\u00f1a, operado por el Grupo bajo un contrato de</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:83.27pt\">gesti\u00f3n (ver Nota 5).</span><span class=\"f charStyle-f47c836a ps5158_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Asimismo, se ha producido la devaluaci\u00f3n de la participaci\u00f3n a valor razonable de Victoria Hotels &amp; Resorts, S.L. como</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">resultado de la integraci\u00f3n de la sociedad Crisalian, S.L. que, hasta su integraci\u00f3n, formaba parte del grupo Victoria Hotels &amp;</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">Resorts, S.L. as\u00ed como de la adquisici\u00f3n por parte de Terti\u00e1n XXI, S.L. del 100% de participaciones de Lierinto, S.L.U., sociedad</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">que tambi\u00e9n formaba parte del grupo Victoria Hotels &amp; Resorts, S.L., y a la venta de un establecimiento hotelero situado en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:128.07pt\">territorio nacional (ver Nota 5).</span></div><div class=\"ps1576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:221.03pt\">A efectos comparativos, los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5161_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5162\" style=\"width:88.98pt\"> fueron los siguientes:</span></div><div class=\"ps5211_1 ss0_2\"><div class=\"ss601_1 ws0 ps5210_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:239.25pt\"></td><td style=\"padding:0;width:66.75pt\"></td><td style=\"padding:0;width:96pt\"></td><td style=\"padding:0;width:102.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss589_1\"><div><div class=\"ps476 ss588_1\"><span class=\"f charStyle-28c2751e ps267\">\u00a0 \u00a0  (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5165_1 ss591_1\"><div><div class=\"ps476 ss65\"><span class=\"f charStyle-28c2751e ps5164\">%</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5898 ss593_1\"><div><div class=\"ps5167_1 ss664\"><span class=\"f charStyle-fdea4ace ps354\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2490 ss594_1\"><div><div class=\"ps5167_1 ss107_1\"><span class=\"f charStyle-fdea4ace ps5168\">Saldo 31/12/2023</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps427 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hotelera Sancti Petri, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5172_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">19,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5904 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5173\">2.634</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2494 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5175\">2.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8139 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Port Cambrils Inversions, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5177_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">10,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5179_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">980</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5181_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3818 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Inveragua RD, S.A.S</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5182_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps5171\">14,24%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5183_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">131</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5184_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">131</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1110 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Valle Yamury, S.A.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5186_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps11414\">8,00%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5187_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps5178\">358</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5188_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5180\">358</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3529 ss595_1\"><div><div class=\"ps482 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Victoria Hotels &amp; Resorts, S.L.</span></div></div></div></td><td style=\"padding:0\"><div class=\"ps5189_1 ss596_1\"><div><div class=\"ps482 ss65\"><span class=\"f charStyle-f47c836a ps11414\">7,50%</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5191_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-8b2dbd07 ps14953\">19.216</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5193_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-9faf05d8 ps5192\">16.928</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps14894 ss598_1\"><div><div class=\"ps2435_1 ss588_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5195_1 ss599_1\"><div><div class=\"ps2435_1 ss664\"><span class=\"f charStyle-9faf05d8 ps11315\">9</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5197_1 ss600_1\"><div><div class=\"ps2435_1 ss107_1\"><span class=\"f charStyle-8b2dbd07 ps5196\">9</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5142\">TOTAL INVERSI\u00d3N</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5200_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps1730\">23.328</span></div></div></div></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5201_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps5115\">21.040</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7505 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5147\">P\u00c9RDIDAS POR DETERIORO</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5204_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps5203\">(85)</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5206_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-28c2751e ps5205\">(85)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"2\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps9297 ss586_1\"><div><div class=\"ps482 ss585_1\"><span class=\"f charStyle-4ed8e3ec ps5151\">TOTAL VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5208_1 ss597_1\"><div><div class=\"ps482 ss664\"><span class=\"f charStyle-28c2751e ps1730\">23.242</span></div></div></div></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps5209_1 ss108_1\"><div><div class=\"ps482 ss107_1\"><span class=\"f charStyle-4ed8e3ec ps5115\">20.954</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-543": {
   "value": "<div class=\"ps5213_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">13.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1963_1\"><span style=\"display:inline-block;height:6.8pt;width:14.45pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Otros pasivos financieros</span></div><div class=\"ps5214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">El siguiente cuadro muestra el desglose por categor\u00edas de los instrumentos financieros, recogidos en los ep\u00edgrafes de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Obligaciones y otros valores negociables, Deudas con entidades de cr\u00e9dito y Otros pasivos financieros del pasivo corriente y no</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:218.88pt\">corriente del Balance consolidado, para los ejercicios </span><span class=\"f charStyle-f47c836a ps5216\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5217\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5218\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5219_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5220_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5278 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:195.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:50.25pt\"></td></tr><tr style=\"height:12.75pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss603_1\"><div><div class=\"ps5222 ss602_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11088 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5225_1 ss604_1\"><div><div class=\"ps964 ss190_1\"><span class=\"f charStyle-4ed8e3ec ps5223_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5228_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5230_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5232_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5233_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5226\">Largo </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5234_1 ss630\"><div><div class=\"ps1062_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5229\">Corto </span></div><div class=\"ps1063_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps5227\">Plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5235_1 ss630\"><div><div class=\"ps1065_1 ss451\"><span class=\"f charStyle-4ed8e3ec ps316\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8139 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">1. Instrumentos financieros a valor razonable con cambios en otro resultado global:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps7153 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Coberturas flujos efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5236_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.163</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5237_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">1.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5238_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.375</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5239_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">2.767</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5240_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">900</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5241_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">3.667</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps8145 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">2. Instrumentos financieros a valor razonable con cambios en la cuenta de resultados:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1231 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Derivados en cartera de negociaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5243_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5244_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">7.850</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5245_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5246_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2737\">9.200</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td colspan=\"13\" style=\"background-color:#8E8783;padding:0\"><div class=\"ps2632 ss606_1\"><div><div class=\"ps3753_1 ss121_1\"><span class=\"f charStyle-40b73844 ps267\">3. Otros pasivos financieros a coste amortizado:</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7026 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Obligaciones y otros valores negociables</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5247_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5248_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps3415_1\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5249_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5250_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5251_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">11.242</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5252_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">63.385</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3753 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Deudas con entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5253_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">789.735</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5254_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">168.926</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5255_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5256_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3407_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5257_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">880.578</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4989 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Pasivos por arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5258_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.279.482</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5259_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">142.803</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5260_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.422.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5261_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.312.338</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5262_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps1253\">151.595</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5263_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2816\">1.463.933</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3554 ss607_1\"><div><div class=\"ps3753_1 ss602_1\"><span class=\"f charStyle-10d23c65 ps267\">- Otros pasivos financieros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5265_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.287</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5266_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">29.810</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5267_1 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5268 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">44.302</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5269 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">25.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5270 ss446_1\"><div><div class=\"ps3753_1 ss451\"><span class=\"f charStyle-10d23c65 ps2662\">69.764</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5292 ss608_1\"><div><div class=\"ps649 ss602_1\"><span class=\"f charStyle-40b73844 ps5271_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5272 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.159.721</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5273 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">342.952</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5274 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.502.673</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5275 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.189.771</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5276 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps9351\">300.755</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5277 ss325_1\"><div><div class=\"ps649 ss451\"><span class=\"f charStyle-40b73844 ps2266_1\">2.490.526</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5279_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">No se incluyen los saldos recogidos en el ep\u00edgrafe Acreedores comerciales y otras cuentas a pagar, que tambi\u00e9n se consideran</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.47pt\">pasivos financieros, seg\u00fan se describe en la Nota 3.5. A tal efecto, se ofrecen desgloses adicionales en la Nota 18.</span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">En el siguiente cuadro se muestra la conciliaci\u00f3n de los cambios en los activos y pasivos procedentes de actividades de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">financiaci\u00f3n. Se han considerado las emisiones y amortizaciones de deuda (Obligaciones y otros valores negociables y Deudas</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.41pt\">con entidades de cr\u00e9dito), as\u00ed como los Instrumentos financieros derivados (cobertura y en cartera de negociaci\u00f3n):</span><span class=\"f charStyle-f47c836a ps5281\" style=\"width:2.71pt\"> </span></div><div class=\"ps3950_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:265.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:26.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss610_1\"><div><div class=\"ps5282_1 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5290_1 ss611_1\"><div><div class=\"ps5284_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps2015\">Obligaciones y </span></div><div class=\"ps5285_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1859\">Deudas con </span></div><div class=\"ps5287_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1297\">entidades de </span></div><div class=\"ps5289_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5288\">cr\u00e9dito</span></div></div></div></td><td style=\"border-right:2pt solid #ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;border-bottom:2pt solid #ffffff;border-left:2pt solid #ffffff;border-right:2pt solid #ffffff;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps3147 ss612_1\"><div><div class=\"ps5291_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps5227\">Instrumentos financieros a valor </span></div><div class=\"ps5292_1 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps1211_1\">razonable</span></div></div></div></td></tr><tr style=\"height:26.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5295_1 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5293\">Activo</span></div></div></div></td><td style=\"border-top:2pt solid #ffffff;padding:0\"></td><td style=\"background-color:#005d55;border-top:2pt solid #ffffff;padding:0\"><div class=\"ps5297 ss613_1\"><div><div class=\"ps5294_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps430 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5299_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.323.894</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5300_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">24.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5302_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps5936\">0</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3823 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5304 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps5303\">(393.394)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1117 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5305 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">13.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7023 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5306_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">1.822</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5308 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7026 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5309 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">943.962</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5310_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">25.985</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5311 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(12.867)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7505 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Flujos efectivos de financiaci\u00f3n </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5312_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">72.369</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps904 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5314_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(11.345)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps876 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-f47c836a ps267\">Cambios en el valor razonable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5316_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps845\">(350)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5317_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.642</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps6217 ss615_1\"><div><div class=\"ps2435_1 ss609_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Variaciones del per\u00edmetro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5318_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.079</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5319_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9479\">(16.995)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6308 ss614_1\"><div><div class=\"ps482 ss609_1\"><span class=\"f charStyle-4ed8e3ec ps5298_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5320 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps2039\">1.011.066</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5322 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">8.640</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5323 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(10.225)</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5324 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:324.83pt\">Los pagos realizados en concepto de arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps5325_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:326.61pt\">Instrumentos financieros a valor razonable con cambios en otro resultado global</span></div><div class=\"ps5326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.91pt\">Las actividades de cobertura de flujos de efectivo corresponden a swaps de tipos de inter\u00e9s, explicadas en la Nota 13.3.</span></div><div class=\"ps5327_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:335.79pt\">Instrumentos financieros a valor razonable con cambios en la cuenta de resultados</span></div><div class=\"ps5328_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.83pt\">Los saldos de derivados en cartera de negociaci\u00f3n se explican en la Nota 13.3.</span></div><div class=\"ps5329_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:163.13pt\">Obligaciones y otros valores negociables</span></div><div class=\"ps5333_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.75pt\">Las emisiones de deuda recogidas en este ep\u00edgrafe y sus saldos a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5330\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps4973\" style=\"width:12.55pt\"> y </span><span class=\"f charStyle-f47c836a ps5331\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5332\" style=\"width:85.48pt\">, se presentan en el</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5334_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:69.86pt\">siguiente cuadro:</span></div><div class=\"ps5363_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Obligaciones y Bonos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5346_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5347_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">201</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.405</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5349_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.143</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps2164\">204</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5351_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-934a7fa2 ps11561\">52.347</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7153 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">European Commercial Papers (ECP)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5352_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5353_1 ss238_1\"><div><div class=\"ps2107_1 ss237_1\"><span class=\"f charStyle-6f9b64c7 ps11561\">11.038</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-28c2751e ps5354\">TOTAL</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5356_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.204</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5358_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps9426\">201</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5359_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.405</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5360_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">52.143</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5361_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">11.242</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5362_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-28c2751e ps5355\">63.385</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5365_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Euro Commercial Paper Programme (ECP) </span><span class=\"f charStyle-b914b620 ps5364\"> </span></div><div class=\"ps5366_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">En julio del 2025 se ha renovado el programa de papel comercial (\u201cEuro-Commercial Paper Programme\u201d o ECP) con fecha de </span></div><div class=\"ps5367_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">vencimiento el 04 de julio del 2026, sometido a derecho ingl\u00e9s, por un importe m\u00e1ximo de hasta 300 millones de euros, en </span></div><div class=\"ps5097 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">virtud del cual se pueden realizar emisiones de instrumentos de deuda en Europa con un vencimiento inferior a 364 d\u00edas, hasta </span></div><div class=\"ps5099 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">dicho importe.</span></div><div class=\"ps5368_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Durante el ejercicio 2025, se amortiz\u00f3 la totalidad de las emisiones de European Commercial Papers vigentes en dicho periodo, </span></div><div class=\"ps5369_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">por un importe total de 11 millones de euros.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-ff7dda5c ps12591\">Bonos simples</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 19 de noviembre de 201</span><span class=\"f charStyle-5af4d000 ps5375\"><span style=\"background-color:inherit\">8</span></span><span class=\"f charStyle-f47c836a ps5376\"> la sociedad matriz realiz\u00f3 una emisi\u00f3n de bonos simples por un importe total de 30 millones de </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">euros con las siguientes caracter\u00edsticas:</span></div><div class=\"ps5425_1 ss0_2\"><div class=\"ss622_1 ws0 ps5424_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174.75pt\"></td><td style=\"padding:0;width:30pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Importe de la emisi\u00f3n</span><span class=\"f charStyle-9a9a65cd ps5378\"> </span><span class=\"f charStyle-2bb7689f ps5379\"> </span><span class=\"f charStyle-0ad594fc ps5380\"> </span><span class=\"f charStyle-c6d3a001 ps5381\"> </span><span class=\"f charStyle-ecf5664c ps5382\"> </span><span class=\"f charStyle-36aa6839 ps5383\">....................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7138 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">30.000.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Nominal del bono</span><span class=\"f charStyle-2bb7689f ps5386_1\"> </span><span class=\"f charStyle-36aa6839 ps5387_1\">............................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7141 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100.000\u20ac</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8399 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Vencimiento</span><span class=\"f charStyle-cbebcc5c ps5389\"> </span><span class=\"f charStyle-8849c1f9 ps5390\"> </span><span class=\"f charStyle-c17977ef ps5391\"> </span><span class=\"f charStyle-2bb7689f ps5392\"> </span><span class=\"f charStyle-ecf5664c ps11312\"> </span><span class=\"f charStyle-36aa6839 ps5393\">....................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5394_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">12 a\u00f1os</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Rango de la deuda</span><span class=\"f charStyle-8849c1f9 ps5395\"> </span><span class=\"f charStyle-c17977ef ps5396\"> </span><span class=\"f charStyle-0ad594fc ps5397\"> </span><span class=\"f charStyle-36aa6839 ps5398\">..........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5399_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">Senior unsecured</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11455 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de la emisi\u00f3n</span><span class=\"f charStyle-c17977ef ps5400\"> </span><span class=\"f charStyle-2bb7689f ps5401\"> </span><span class=\"f charStyle-36aa6839 ps5402\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5403_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha de la emisi\u00f3n</span><span class=\"f charStyle-cbebcc5c ps5404\"> </span><span class=\"f charStyle-9a9a65cd ps5405\"> </span><span class=\"f charStyle-c17977ef ps5406_1\"> </span><span class=\"f charStyle-ecf5664c ps5407\"> </span><span class=\"f charStyle-36aa6839 ps5408\">.......................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5409_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2018</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1231 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Fecha vencimiento</span><span class=\"f charStyle-cbebcc5c ps5410\"> </span><span class=\"f charStyle-2bb7689f ps5411\"> </span><span class=\"f charStyle-c6d3a001 ps5412\"> </span><span class=\"f charStyle-ecf5664c ps5413\"> </span><span class=\"f charStyle-36aa6839 ps5414\">.........................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5415_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">19/11/2030</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3838 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Cup\u00f3n</span><span class=\"f charStyle-9a9a65cd ps958\"> </span><span class=\"f charStyle-2bb7689f ps5417\"> </span><span class=\"f charStyle-0ad594fc ps5418\"> </span><span class=\"f charStyle-c6d3a001 ps3710\"> </span><span class=\"f charStyle-36aa6839 ps1940\">................................................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5420_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">3,30% Fijo</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1725 ss104_1\"><div><div class=\"ps5384_1 ss165\"><span class=\"f charStyle-f47c836a ps267\">Precio de amortizaci\u00f3n</span><span class=\"f charStyle-2bb7689f ps5421\"> </span><span class=\"f charStyle-36aa6839 ps5422\">..................................</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5423_1 ss308\"><div><div class=\"ps482 ss21\"><span class=\"f charStyle-f47c836a ps267\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5426_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 25 de mayo del 2021 se realiz\u00f3 una ampliaci\u00f3n del importe nominal del bono de 22,5 millones de euros. Dicha emisi\u00f3n se </span></div><div class=\"ps5427 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">realiz\u00f3 bajo par, a un precio igual al 98,385% del nominal.</span></div><div class=\"ps5429_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:131.77pt\">Deudas con entidades de cr\u00e9dito</span><span class=\"f charStyle-8dfb1947 ps9115\" style=\"width:2.71pt\"> </span></div><div class=\"ps5434_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.23pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5430\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5431\" style=\"width:10.45pt\"> y </span><span class=\"f charStyle-f47c836a ps5432\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5433\" style=\"width:363.2pt\">, los saldos que el Grupo mantiene con entidades financieras, clasificados por naturaleza</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.26pt\">y vencimiento, son:</span></div><div class=\"ps5458_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">692.408</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">125.320</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">817.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">645.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">87.556</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">733.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">97.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">38.062</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">135.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">122.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">18.049</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">140.261</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1117 ss623_1\"><div><div class=\"ps568 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5446_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">94</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5447_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5448_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4707_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5449_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5450_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14180 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5452_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5453_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5454_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5455_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5456_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5457_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">880.578</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ejercicio 2025 se ha cancelado el saldo de p\u00f3lizas de cr\u00e9dito dispuestas (0,83 millones de euros en 2024), quedando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5462_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:134.67pt\">disponible al cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5460\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5461\" style=\"width:361.92pt\"> un saldo adicional de 201,5 millones de euros (en 2024 el saldo disponible fue de 275,67</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5463_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros)</span><span class=\"f charStyle-6b4d0e03 ps4575\" style=\"width:3.33pt\">.</span></div><div class=\"ps5466_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:295pt\">Los incrementos de deuda bancaria por nueva financiaci\u00f3n del ejercicio </span><span class=\"f charStyle-f47c836a ps5464\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5465\" style=\"width:201.74pt\">\u00a0 ascienden a 192,5 millones de euros, (sin incluir</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.5pt\">bonos simples ni importes por renovaci\u00f3n de ECP). En el ejercicio </span><span class=\"f charStyle-f47c836a ps5467\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5468\" style=\"width:226.09pt\"> este importe fue de 445,71 millones de euros. Durante</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el ejercicio 2025 se han amortizado 108,3 millones de euros y se han pagado intereses por importe de 42,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el ejercicio 2024 se amortizaron 654,6 millones de euros, de los cuales 414,4 millones de euros fueron cancelaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.34pt\">anticipada, adem\u00e1s, se pagaron intereses por importe de 61 millones de euros.</span></div><div class=\"ps5474_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.2pt\">El Grupo mantiene </span><span class=\"f charStyle-f47c836a ps5473\" style=\"width:431.36pt\">pr\u00e9stamos hipotecarios que corresponden a garant\u00edas sobre 7 hoteles cuyo valor neto contable total</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asciende a 374,3 millones de euros, mientras que en 2024 el valor neto contable de los activos hipotecados ascend\u00eda a 406,3</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.82pt\">millones de euros, tal como se ha indicado en la Nota 10.</span><span class=\"f charStyle-f47c836a ps5476\" style=\"width:2.71pt\"> </span></div><div class=\"ps5478_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5480_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.93pt\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span><span class=\"f charStyle-f47c836a ps13335\" style=\"width:2.71pt\"> </span></div><div class=\"ps5481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.2pt\">El detalle de vencimientos de la deuda bancaria es el siguiente:</span></div><div class=\"ps5528_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:166.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4584_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps467 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5055 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2453 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps1190\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8450 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5485\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5488 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps7010\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5489_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">125.332</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5490_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">264.833</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5491_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">180.457</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5493_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5492\">147.815</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5494_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">81.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5495_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5496_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">817.716</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5497_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">38.051</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5498_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5499_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">47.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5501_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5500\">10.471</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5503_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">7.874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5504_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">14.636</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5505_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">135.308</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"><div class=\"ps600 ss626_1\"><div><div class=\"ps568 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5507_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5508_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5509_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5510_1 ss315_1\"><div><div class=\"ps476 ss602\"><span class=\"f charStyle-f47c836a ps14581\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5511_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9228 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">31</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5514_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps3359\">117</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5515_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5516_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps708 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps5517\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5519_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5520_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">282.093</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5521_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">227.505</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5523_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps5522\">158.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5525_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">89.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5526_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">31.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5527_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">958.661</span></div></div></div></td></tr></tbody></table></div></div></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:111.71pt\">Pasivos por arrendamientos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.06pt\">Los saldos recogidos como Pasivos por arrendamientos se desglosan en la Nota 17.</span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pasivos financieros</span></div><div class=\"ps2466 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:461.82pt\">En el siguiente cuadro se muestra el detalle por los conceptos incluidos en este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5529\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5530\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5531\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5532\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5533\" style=\"width:2.71pt\"> </span></div><div class=\"ps5558_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Proveedores de inmovilizado</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">19.356</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fianzas recibidas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.285</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.583</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">996</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">706</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.702</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Otras deudas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">14.379</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5534_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">641</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.020</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2627 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Deuda con entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5536_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">27.482</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5537_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">7.473</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5538_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">34.955</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5539_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">28.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5540_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.743</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5541_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">33.042</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2632 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dividendo a pagar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5542 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5543 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5544_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5545_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">330</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Dep\u00f3sitos recibidos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5546_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5547_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">76</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5548_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">597</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5549_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">627</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5550_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.190</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5551_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">15.817</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11131 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5552_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.287</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5553_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">29.810</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5554_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">59.097</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5555_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">44.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5556_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">25.462</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5557_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5355\">69.764</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">La reducci\u00f3n conjunta de Otras deudas y Dep\u00f3sitos recibidos incluye la devoluci\u00f3n, en 2025, de 30 millones de d\u00f3lares</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">estadounidenses cobrados en 2023, como consecuencia de la cancelaci\u00f3n de una operaci\u00f3n inmobiliaria prevista en un hotel en</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5562_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:30.91pt\">M\u00e9xico.</span><span class=\"f charStyle-f47c836a ps5561\" style=\"width:2.71pt\"> </span></div><div class=\"ps2972 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:386.17pt\">El importe de la Deuda con entidades asociadas y negocios conjuntos se desglosa en la Nota 20.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-544": {
   "value": "<div class=\"ps5429_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:131.77pt\">Deudas con entidades de cr\u00e9dito</span><span class=\"f charStyle-8dfb1947 ps9115\" style=\"width:2.71pt\"> </span></div><div class=\"ps5434_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:104.23pt\">A cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5430\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5431\" style=\"width:10.45pt\"> y </span><span class=\"f charStyle-f47c836a ps5432\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5433\" style=\"width:363.2pt\">, los saldos que el Grupo mantiene con entidades financieras, clasificados por naturaleza</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:79.26pt\">y vencimiento, son:</span></div><div class=\"ps5458_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5337\">Largo</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps5338_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps2636\">Corto</span></div><div class=\"ps5339_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps978\">plazo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5342\">Total</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">692.408</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">125.320</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">817.729</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">645.983</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">87.556</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">733.539</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">97.233</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">38.062</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">135.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">122.212</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">18.049</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps1976\">140.261</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2620 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">P\u00f3lizas de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5444_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5445_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">828</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1117 ss623_1\"><div><div class=\"ps568 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5446_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">94</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5447_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5448_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1517 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4707_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5449_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5450_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4710 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.950</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14180 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5452_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">789.735</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5453_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5454_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">958.661</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5455_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">769.022</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5456_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">111.555</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5457_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1841\">880.578</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ejercicio 2025 se ha cancelado el saldo de p\u00f3lizas de cr\u00e9dito dispuestas (0,83 millones de euros en 2024), quedando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5462_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:134.67pt\">disponible al cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5460\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5461\" style=\"width:361.92pt\"> un saldo adicional de 201,5 millones de euros (en 2024 el saldo disponible fue de 275,67</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5463_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:73.99pt\">millones de euros)</span><span class=\"f charStyle-6b4d0e03 ps4575\" style=\"width:3.33pt\">.</span></div><div class=\"ps5466_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:295pt\">Los incrementos de deuda bancaria por nueva financiaci\u00f3n del ejercicio </span><span class=\"f charStyle-f47c836a ps5464\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5465\" style=\"width:201.74pt\">\u00a0 ascienden a 192,5 millones de euros, (sin incluir</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5469_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:270.5pt\">bonos simples ni importes por renovaci\u00f3n de ECP). En el ejercicio </span><span class=\"f charStyle-f47c836a ps5467\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5468\" style=\"width:226.09pt\"> este importe fue de 445,71 millones de euros. Durante</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5470_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el ejercicio 2025 se han amortizado 108,3 millones de euros y se han pagado intereses por importe de 42,7 millones de euros.</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5471_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">En el ejercicio 2024 se amortizaron 654,6 millones de euros, de los cuales 414,4 millones de euros fueron cancelaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5472_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.34pt\">anticipada, adem\u00e1s, se pagaron intereses por importe de 61 millones de euros.</span></div><div class=\"ps5474_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.2pt\">El Grupo mantiene </span><span class=\"f charStyle-f47c836a ps5473\" style=\"width:431.36pt\">pr\u00e9stamos hipotecarios que corresponden a garant\u00edas sobre 7 hoteles cuyo valor neto contable total</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps5475_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">asciende a 374,3 millones de euros, mientras que en 2024 el valor neto contable de los activos hipotecados ascend\u00eda a 406,3</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5477_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.82pt\">millones de euros, tal como se ha indicado en la Nota 10.</span><span class=\"f charStyle-f47c836a ps5476\" style=\"width:2.71pt\"> </span></div><div class=\"ps5478_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">Adem\u00e1s, el Grupo mantiene un pr\u00e9stamo hipotecario sobre el centro comercial, propiedad de la sociedad Sierra Parima, S.A.S.</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5480_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:224.93pt\">cuya integraci\u00f3n se ha producido en el ejercicio actual.</span><span class=\"f charStyle-f47c836a ps13335\" style=\"width:2.71pt\"> </span></div><div class=\"ps5481_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.2pt\">El detalle de vencimientos de la deuda bancaria es el siguiente:</span></div><div class=\"ps5528_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:166.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:44.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:47.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4584_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps467 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5055 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2028</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2453 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps1190\">2029</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps1297\">2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8450 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5485\">&gt; 5 a\u00f1os</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5488 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps7010\">Total</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps5989 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos bancarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5489_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">125.332</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5490_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">264.833</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5491_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">180.457</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5493_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5492\">147.815</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5494_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">81.967</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5495_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.311</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5496_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">817.716</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1499_1 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pr\u00e9stamos hipotecarios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5497_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">38.051</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5498_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">17.244</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5499_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">47.032</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5501_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-f47c836a ps5500\">10.471</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5503_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">7.874</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5504_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps2720_1\">14.636</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5505_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps8761\">135.308</span></div></div></div></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"><div class=\"ps600 ss626_1\"><div><div class=\"ps568 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Pasivos por arrendamientos con </span></div><div class=\"ps570 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">entidades de cr\u00e9dito</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5507_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">23</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5508_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5509_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5510_1 ss315_1\"><div><div class=\"ps476 ss602\"><span class=\"f charStyle-f47c836a ps14581\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5511_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps9228 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps5506\">31</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5514_1 ss199_1\"><div><div class=\"ps476 ss198_1\"><span class=\"f charStyle-f47c836a ps3359\">117</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1386 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-f47c836a ps267\">Intereses</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5515_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5516_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-f47c836a ps5502\">5.521</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps708 ss625_1\"><div><div class=\"ps482 ss624_1\"><span class=\"f charStyle-4ed8e3ec ps5517\">TOTAL </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5519_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">168.926</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5520_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">282.093</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5521_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">227.505</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5523_1 ss326_1\"><div><div class=\"ps482 ss602\"><span class=\"f charStyle-4ed8e3ec ps5522\">158.302</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5525_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">89.857</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5526_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5524\">31.979</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5527_1 ss213_1\"><div><div class=\"ps482 ss198_1\"><span class=\"f charStyle-4ed8e3ec ps5518\">958.661</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-545": {
   "value": "<div class=\"ps5717_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">14.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5715\"><span style=\"display:inline-block;height:6.8pt;width:0.72pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Existencias</span><span class=\"f charStyle-aa796863 ps5716\">\u00a0  </span></div><div class=\"ps5722_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:376.89pt\">A continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5718\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5719\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5720\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5721\" style=\"width:3.3pt\">:</span></div><div class=\"ps5732 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss109_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps480 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3004_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Negocio Hotelero</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5723_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">23.938</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5724 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.770</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Negocio Inmobiliario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5725 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">1.814</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5726 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.484</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Anticipos a Proveedores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5727_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">4.035</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5728_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">3.733</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5730_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">29.787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5731_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">31.988</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5733_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:496.36pt\">El Grupo no tiene compromisos firmes de compra ni de venta, ni existen limitaciones a la disponibilidad de las existencias.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-546": {
   "value": "<div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.77pt\">14.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5736_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.23pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:215.26pt\">Deudores comerciales y otras cuentas a cobrar</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.6pt\">A\u00a0 continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5737_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5738_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5739_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5740\" style=\"width:6.01pt\">: </span><span class=\"f charStyle-b914b620 ps5741\" style=\"width:2.71pt\"> </span></div><div class=\"ps5746 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:326.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11434 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Clientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5742 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5652_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">183.637</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Otras cuentas a cobrar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5743 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5656_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">81.843</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps5744_1\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5745 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">249.163</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5693_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">265.481</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5747 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:32.99pt\">Clientes</span></div><div class=\"ps5749_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.59pt\">El saldo de clientes por l\u00ednea de negocio a cierre de ejercicio se desglosa en el siguiente cuadro:</span><span class=\"f charStyle-f47c836a ps5748\" style=\"width:2.71pt\"> </span></div><div class=\"ps5765_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">113.607</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">94.950</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Inmobiliario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">776</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps1070\">2.032</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Club vacacional</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.217</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.766</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Servicios de gesti\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">28.605</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">63.255</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps8239 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss428\"><div><div class=\"ps2435_1 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.041</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss428\"><div><div class=\"ps2435_1 ss146\"><span class=\"f charStyle-f47c836a ps1070\">8.634</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14598 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5763_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5764_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">183.637</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5767_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.3pt\">La antig\u00fcedad a cierre de ejercicio desde la fecha de vencimiento es la siguiente:</span><span class=\"f charStyle-f47c836a ps5766\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5788_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps952\">%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps14376\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5770\">%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Menor a 90 d\u00edas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3277 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps962\">133.377</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3278_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps10828\">78%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3279 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps2082_1\">145.475</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3281 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps12522\">79%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Superior a 90 y menor a 180</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5773_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">26.745</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5774_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps10828\">16%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5775_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">21.877</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5776_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps12522\">12%</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Superior a 180 </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5777_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps486_1\">11.125</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5779 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-f47c836a ps5778_1\">6%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5780 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">16.286</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5782 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps5781_1\">9%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5784_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2727\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5785_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps2128_1\">100%</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5786_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps2890\">183.637</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5787_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-28c2751e ps893\">100%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5789_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otras cuentas a cobrar</span></div><div class=\"ps5795_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.73pt\">El desglose por naturaleza de los saldos recogidos en esta r\u00fabrica para los ejercicios </span><span class=\"f charStyle-f47c836a ps5790\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5791\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5792\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:14.55pt\"> es:</span><span class=\"f charStyle-f47c836a ps5794\" style=\"width:2.71pt\"> </span></div><div class=\"ps5800_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes periodificaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">17.642</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.024</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cr\u00e9ditos al personal</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">703</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">505</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica Deudora</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.229</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">29.991</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudas comerciales de entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.590</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">27.958</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.481</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cuentas corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5796_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">357</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5797_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">252</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps436 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5798_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5799_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">81.843</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5801_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Estos saldos hacen referencia a operaciones comerciales realizadas por el Grupo. La deuda de entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:146.75pt\">conjuntos se desglosa en la Nota 20.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-547": {
   "value": "<div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:379.6pt\">A\u00a0 continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5737_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5738_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5739_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5740\" style=\"width:6.01pt\">: </span><span class=\"f charStyle-b914b620 ps5741\" style=\"width:2.71pt\"> </span></div><div class=\"ps5746 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss430_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:326.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11434 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5986 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Clientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5742 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">171.247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5652_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps7426\">183.637</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-f47c836a ps267\">Otras cuentas a cobrar</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5743 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5656_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">81.843</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss641_1\"><div><div class=\"ps482 ss474\"><span class=\"f charStyle-4ed8e3ec ps5744_1\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5745 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">249.163</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5693_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps3047_1\">265.481</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5789_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otras cuentas a cobrar</span></div><div class=\"ps5795_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:342.73pt\">El desglose por naturaleza de los saldos recogidos en esta r\u00fabrica para los ejercicios </span><span class=\"f charStyle-f47c836a ps5790\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5791\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5792\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:14.55pt\"> es:</span><span class=\"f charStyle-f47c836a ps5794\" style=\"width:2.71pt\"> </span></div><div class=\"ps5800_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:90pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5751_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps1320\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes periodificaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5752_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">17.642</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5753_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">14.024</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cr\u00e9ditos al personal</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5754_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">703</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5755_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">505</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica Deudora</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5756_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">20.229</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5757_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">29.991</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudas comerciales de entidades asociadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5758_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.027</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5759_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">11.590</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Deudores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5760_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">27.958</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5761_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps3011\">25.481</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-f47c836a ps267\">Cuentas corrientes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5796_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">357</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5797_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-f47c836a ps2485\">252</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps436 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps13747\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5798_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">77.916</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5799_1 ss245_1\"><div><div class=\"ps482 ss146\"><span class=\"f charStyle-4ed8e3ec ps15904\">81.843</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5801_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Estos saldos hacen referencia a operaciones comerciales realizadas por el Grupo. La deuda de entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5803_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:146.75pt\">conjuntos se desglosa en la Nota 20.</span><span class=\"f charStyle-f47c836a ps5802\" style=\"width:2.71pt\"> </span></div><div class=\"ps6604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.01pt\">18.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6603\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:100.03pt\">Otras cuentas a pagar</span></div><div class=\"ps6606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:417.72pt\">A\u00a0 continuaci\u00f3n, se detallan los principales conceptos recogidos en la r\u00fabrica de Otras cuentas a pagar:</span><span class=\"f charStyle-f47c836a ps6605\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6621 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6607\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6607\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por periodificaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">1.017</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps2107_1 ss723_1\"><span class=\"f charStyle-9b89ba1f ps6608_1\">40.841</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps2107_1 ss723_1\"><span class=\"f charStyle-6f9b64c7 ps7313\">1.318</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Remuneraciones pendientes de pago</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">73.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">77.023</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica acreedora</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6610_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">25.481</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6611_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">41.304</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Seguridad Social acreedora</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6612_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">12.039</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6613_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">10.849</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Entidades asociadas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6614_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">5.299</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6615 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.626</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros pasivos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6616_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.775</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6617 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.519</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps1280 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6619 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6618_1\">162.152</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6620 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6618_1\">138.655</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6622 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Estos saldos hacen referencia a operaciones comerciales llevadas a cabo por el Grupo. La deuda con entidades asociadas y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6623 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.34pt\">negocios conjuntos se detalla en el apartado de operaciones comerciales de la Nota 20.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-548": {
   "value": "<div class=\"ps5804_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">14.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:208.12pt\">Efectivo y otros medios l\u00edquidos equivalentes</span></div><div class=\"ps5805_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:397.33pt\">A continuaci\u00f3n, se desglosa el Efectivo y otros medios l\u00edquidos equivalentes por \u00e1reas geogr\u00e1ficas:</span></div><div class=\"ps5831_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:175.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:64.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:64.5pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5872 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11865\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5807 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11646\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5808 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps4660\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5810 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-4ed8e3ec ps2458\">ASIA</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5812 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-28c2751e ps5811_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-934a7fa2 ps267\">Efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5813 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">95.055</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5814 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">26.087</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5815 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">76.176</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5816_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-934a7fa2 ps6975\">5.225</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5817_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-934a7fa2 ps3577\">202.544</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-934a7fa2 ps267\">Otros medios l\u00edquidos equivalentes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5818_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">23.198</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5819_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">3.000</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5820_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">3.730</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5822_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-934a7fa2 ps14151\">29.928</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss647_1\"><div><div class=\"ps482 ss842\"><span class=\"f charStyle-4ed8e3ec ps5823\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5824_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2449\">118.254</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5826_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">29.087</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5827_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">79.905</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5829_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-28c2751e ps5828\">5.225</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5830_1 ss649_1\"><div><div class=\"ps482 ss648_1\"><span class=\"f charStyle-28c2751e ps2028\">232.472</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:369.94pt\">(*) EMEA\u00a0 (Europe, Middle East, Africa) : Incluye las zonas de \u00c1frica, Oriente Medio y Resto de Europa excluida Espa\u00f1a</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Los medios l\u00edquidos equivalentes al efectivo corresponden a dep\u00f3sitos a corto plazo, que comprenden periodos entre un d\u00eda y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:272.19pt\">tres meses dependiendo de las necesidades de tesorer\u00eda del Grupo.</span></div><div class=\"ps1222_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">Los principales saldos que componen la tesorer\u00eda del Grupo, seg\u00fan la moneda en la que est\u00e1n denominados son el d\u00f3lar</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1223 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:103.92pt\">estadounidense y el euro.</span><span class=\"f charStyle-f47c836a ps5833\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:231.3pt\">Los saldos de este ep\u00edgrafe correspondientes al ejercicio </span><span class=\"f charStyle-f47c836a ps5834\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5835\" style=\"width:80.65pt\"> eran los siguientes:</span></div><div class=\"ps5853 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11865\">ESPA\u00d1A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11646\">EMEA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps4660\">AMERICA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5838\">ASIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-934a7fa2 ps267\">Efectivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5842_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">22.473</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11860 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">26.179</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2419_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">94.217</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2420 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">3.589</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps2421 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps2186_1\">146.457</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otros medios l\u00edquidos equivalentes</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5843 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">18.187</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5844_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">2.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5845 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps1418\">4.127</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5846_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-934a7fa2 ps589\">24.814</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps667_1 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5848_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">40.660</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5849_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">28.679</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5850_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps5825\">98.344</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5851_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps14672\">3.589</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5852_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-28c2751e ps2449\">171.272</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5854_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:367.84pt\">(*) EMEA\u00a0 (Europe, Middle East, Africa) :Incluye las zonas de \u00c1frica, Oriente Medio y Resto de Europa excluida Espa\u00f1a</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-549": {
   "value": "<div class=\"ps5857_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 15.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps5856\"><span style=\"display:inline-block;height:11.34pt;width:9.95pt\"></span></span></span><span class=\"f charStyle-f5888a39 ps3621\">Patrimonio</span></div><div class=\"ps5859_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5858\"><span style=\"display:inline-block;height:6.8pt;width:1.17pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Capital suscrito y prima de emisi\u00f3n</span></div><div class=\"ps5865_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:159.81pt\">El capital social a 31 de diciembre de </span><span class=\"f charStyle-f47c836a ps5860\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5861\" style=\"width:7.87pt\"> y</span><span class=\"f charStyle-5af4d000 ps5862\" style=\"width:3.44pt\"><span style=\"background-color:inherit\"> </span></span><span class=\"f charStyle-5af4d000 ps5863\" style=\"width:18.84pt\"><span style=\"background-color:inherit\">2024</span></span><span class=\"f charStyle-f47c836a ps5864\" style=\"width:306.7pt\"> es de 44.080.000 euros, correspondientes a 220.400.000 acciones de 0,20</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5866_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">euros de valor nominal cada una. Las acciones est\u00e1n \u00edntegramente suscritas y desembolsadas, constituyendo una \u00fanica clase y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5867_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:22.79pt\">serie.</span></div><div class=\"ps5868_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Todas las acciones constitutivas del capital social, a excepci\u00f3n de las acciones propias, gozan de los mismos derechos y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5869_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:256.57pt\">admitidas a cotizaci\u00f3n oficial en el Mercado Continuo (Espa\u00f1a).</span></div><div class=\"ps5870_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Junta General Ordinaria de Accionistas celebrada el 22 de junio de 2023 renov\u00f3 la autorizaci\u00f3n al Consejo se Administraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5871_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de la Sociedad para acordar la ampliaci\u00f3n del capital social, sin previa consulta a la Junta general de Accionistas, hasta el 50%</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5872_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">del capital social, pudiendo ejercitar dicha facultad en una o varias veces, decidiendo en cada caso su oportunidad o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">conveniencia, as\u00ed como la cuant\u00eda y condiciones que estime oportunos, dentro de un plazo m\u00e1ximo de cinco a\u00f1os a contar</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5874 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">desde el d\u00eda de celebraci\u00f3n de dicha Junta. En caso de que dicha ampliaci\u00f3n de capital se efectuase excluyendo los derechos</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5875 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:483.81pt\">de suscripci\u00f3n preferente de los accionistas, la citada delegaci\u00f3n a favor del Consejo se limita al 20% del capital social.</span></div><div class=\"ps5876 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">La prima de emisi\u00f3n tiene las mismas restricciones y puede destinarse a los mismos fines que las reservas voluntarias del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps5877 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los derechos de voto que ostentan los principales accionistas con participaci\u00f3n directa e indirecta en Meli\u00e1 Hotels</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5883 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.58pt\">International, S.A. a </span><span class=\"f charStyle-f47c836a ps5878_1\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5879_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5880\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5881_1\" style=\"width:76pt\"> son los siguientes:</span><span class=\"f charStyle-f47c836a ps5882_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5908 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss652_1\"><div><div class=\"ps2481_1 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">ACCIONISTAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss633\"><div><div class=\"ps5885_1 ss49\"><span class=\"f charStyle-4ed8e3ec ps5884_1\">31/12/2025 % </span></div><div class=\"ps5887_1 ss49\"><span class=\"f charStyle-4ed8e3ec ps5886\">Participaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss654_1\"><div><div class=\"ps5885_1 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps2609_1\">31/12/2024 % </span></div><div class=\"ps5887_1 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps1795\">Participaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5725 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">24,37</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5891_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">24,37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Asociados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5727_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">13,76</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1495 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">13,76</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Agrupados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5893_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">11,29</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5894 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">11,29</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Tulipa Inversiones 2018, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5896_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">5,39</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5898_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps5897_1\">5,39</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Global Alpha Capital Management Ltd.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5899_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">9,94</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5900_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">11,03</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1255 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Francisco Garc\u00eda Param\u00e9s</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5901 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">3,14</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps11368 ss655_1\"><div><div class=\"ps2435_1 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Resto (menos del 3% individual) </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5902_1 ss331\"><div><div class=\"ps2435_1 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">32,12</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5903_1 ss657_1\"><div><div class=\"ps2435_1 ss255_1\"><span class=\"f charStyle-9faf05d8 ps11022\">34,16</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3546 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5905 ss438\"><div><div class=\"ps2107_1 ss49\"><span class=\"f charStyle-fdea4ace ps8602\">100,00</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5907_1 ss256_1\"><div><div class=\"ps2107_1 ss255_1\"><span class=\"f charStyle-fdea4ace ps5906\">100,00</span></div></div></div></td></tr></tbody></table></div></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.32pt\">15.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5916_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.68pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:41.81pt\">Reservas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">El siguiente cuadro muestra el detalle del ep\u00edgrafe de Otras reservas del patrimonio neto consolidado a cierre de los ejercicios</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3000_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3001\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5917\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5425_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reserva legal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5723_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.816</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5918_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">8.816</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas de revalorizaci\u00f3n R.D.L. 07/1996, de 7 de junio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5725 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.178</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5891_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">1.181</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas por p\u00e9rdidas y ganancias actuariales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5727_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1075\">(6.870)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1495 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps5920\">(6.380)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas voluntarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5893_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">260.051</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5894 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">291.564</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas consolidadas atribuidas a la dominante</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5896_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">116.758</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5898_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">116.758</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3699 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5921 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">379.933</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5922_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">411.939</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5923_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las Reservas consolidadas atribuidas a la dominante incluyen los ajustes de homogeneizaci\u00f3n valorativa necesarios para</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">presentar el Patrimonio neto consolidado bajo los criterios establecidos por la Normas Internacionales de Informaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps5925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.88pt\">Financiera (NIIF) y sus interpretaciones (CINIIF), tal y como se indica en la Nota 2.</span></div><div class=\"ps5926_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En cuanto a las reservas no distribuibles, Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes constituidas al amparo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5927_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de la legislaci\u00f3n espa\u00f1ola, est\u00e1n obligadas a destinar el 10% de los beneficios de cada ejercicio a la constituci\u00f3n de un fondo</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5928_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">de reserva legal hasta que este alcance, al menos una cantidad igual al 20% del capital social. Esta reserva s\u00f3lo podr\u00e1 ser</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:497.88pt\">utilizada para cubrir, en caso de no tener otras reservas disponibles, el saldo deudor de la Cuenta de p\u00e9rdidas y ganancias.</span></div><div class=\"ps5931 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5930\"><span style=\"display:inline-block;height:6.8pt;width:14.69pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Acciones propias</span></div><div class=\"ps5932_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.32pt\">El detalle y movimiento de las acciones propias es el siguiente:</span></div><div class=\"ps5947_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:323.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:186pt\"></td><td style=\"padding:0;width:3pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7487 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps5933\">Acciones</span></div></div></div></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5934_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5935\">200.361</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3155 ss661_1\"><div><div class=\"ps958 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Adquisiciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5938_1 ss662_1\"><div><div class=\"ps5937_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5936_1\">4.610.851</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Enajenaciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5940 ss660_1\"><div><div class=\"ps4319_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5939\">(4.601.863)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2502 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5934_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5941_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5935\">209.349</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Precio medio \u20ac</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5943 ss660_1\"><div><div class=\"ps4319_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5942\">7,65</span></div></div></div></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3830 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5944\">SALDO A 31/12/2025 (miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5946_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5945_1\">1.601</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps5950_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:216.06pt\">El n\u00famero de acciones en poder de la Compa\u00f1\u00eda a </span><span class=\"f charStyle-f47c836a ps5948\" style=\"width:104.07pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5949\" style=\"width:195.49pt\"> es de 209.349, que representan el 0,095% del</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5951 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:424.85pt\">capital social. La autocartera no supera el l\u00edmite del 10% establecido en la Ley de Sociedades de Capital.</span></div><div class=\"ps5952_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El valor de cotizaci\u00f3n de las acciones de Meli\u00e1 Hotels International, S.A. al cierre del ejercicio es de 7,92 euros. A cierre del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps5955_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:193.18pt\">, el valor de cotizaci\u00f3n ascend\u00eda a\u00a0 7,365 euros.</span></div><div class=\"ps5959 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.74pt\">A\u00a0 efectos comparativos, los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5956_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5957\" style=\"width:88.98pt\"> fueron los siguientes:</span><span class=\"f charStyle-f47c836a ps5958\" style=\"width:2.71pt\"> </span></div><div class=\"ps5975 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:183pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps8447 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-4ed8e3ec ps5960\">Acciones</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5961\">N\u00daMERO DE ACCIONES A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5752_1 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-28c2751e ps5962\">248.014</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Adquisiciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5964_1 ss664_1\"><div><div class=\"ps2107_1 ss826\"><span class=\"f charStyle-6abf3695 ps5963\">7.136.089</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Enajenaciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5966_1 ss664_1\"><div><div class=\"ps2107_1 ss826\"><span class=\"f charStyle-6abf3695 ps5965\">(7.183.742)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps12596 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5961\">N\u00daMERO DE ACCIONES A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5967_1 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-28c2751e ps5962\">200.361</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11109 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Precio medio \u20ac</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5971 ss665_1\"><div><div class=\"ps5970 ss826\"><span class=\"f charStyle-6abf3695 ps5969\">7,53</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps14894 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5972_1\">SALDO A 31/12/2024 (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5974 ss665_1\"><div><div class=\"ps2435_1 ss826\"><span class=\"f charStyle-28c2751e ps5973_1\">1.509</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:211.66pt\">El n\u00famero de acciones en poder de la Compa\u00f1\u00eda a </span><span class=\"f charStyle-f47c836a ps5976_1\" style=\"width:102.31pt\">31 de diciembre de 2024</span><span class=\"f charStyle-f47c836a ps5977\" style=\"width:201.58pt\"> fue de 200.361, que representaban el 0,09% del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5979_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:56.52pt\">capital social.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.53pt\">15.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5981\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.47pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:106.43pt\">Ganancias acumuladas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Se incluyen en este ep\u00edgrafe los resultados de ejercicios anteriores de la sociedad matriz, as\u00ed como las ganancias acumuladas</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:408.62pt\">del resto de sociedades incluidas en el per\u00edmetro de consolidaci\u00f3n, desde su incorporaci\u00f3n al mismo.</span></div><div class=\"ps1863 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.31pt\">Los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5982_1\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5983\" style=\"width:361.46pt\"> recogidos en este apartado correspondieron, principalmente, a la distribuci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1138 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">resultados positivos del ejercicio anterior, por importe de 151,6 millones de euros de sociedades en integraci\u00f3n global y 10,9</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1144 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:305.68pt\">millones de euros de p\u00e9rdidas de entidades asociadas y negocios conjuntos.</span><span class=\"f charStyle-f47c836a ps5984\" style=\"width:2.71pt\"> </span></div><div class=\"ps1290_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:135.31pt\">Los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5982_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5983\" style=\"width:361.46pt\"> recogidos en este apartado correspondieron, principalmente, a la distribuci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1225 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">resultados positivos del ejercicio anterior, por importe de 104,8 millones de euros de sociedades en integraci\u00f3n global y 12,9</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps1226_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:239.01pt\">de beneficios de entidades asociadas y negocios conjuntos.</span></div><div class=\"ps5986_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5985_1\"><span style=\"display:inline-block;height:6.8pt;width:0.18pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Ajustes por cambios de valor</span></div><div class=\"ps1842 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">En el apartado de Ajustes por cambios de valor del Estado de cambios en el patrimonio neto consolidado se desglosan los</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1843 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:459.93pt\">ep\u00edgrafes de Diferencias de conversi\u00f3n y Otros ajustes por cambios de valor detallados en el Balance consolidado.</span></div><div class=\"ps5987 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Diferencias de conversi\u00f3n</span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">Del total de Diferencias de conversi\u00f3n, un importe de 197,5 millones de euros negativos corresponde a entidades integradas</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">por el m\u00e9todo de integraci\u00f3n global y 56,5 millones negativos a entidades integradas por el m\u00e9todo de la participaci\u00f3n. En el</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1847 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:428.1pt\"> las cifras fueron de 146 millones de euros negativos y 56,9 millones tambi\u00e9n negativos, respectivamente.</span></div><div class=\"ps1848 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Conforme a la NIC 21.15, se han considerado determinadas operaciones de financiaci\u00f3n a sociedades dependientes en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1849 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">extranjero como mayor valor de la inversi\u00f3n. Se ha registrado durante el ejercicio en este ep\u00edgrafe un total de 9,2 millones de</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5990 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:396.75pt\">euros de diferencias de conversi\u00f3n positivas por este concepto, mientras que en el ejercicio </span><span class=\"f charStyle-f47c836a ps5988\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5989\" style=\"width:99.95pt\"> se registraron por este</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5991_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:174.39pt\">concepto 18,4 millones de euros negativas.</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El importe reconocido durante el ejercicio en el Estado de resultado global consolidado por diferencias de conversi\u00f3n,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1890_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">asciende a 57,9 millones de euros negativos (42,2 positivos en 2024), provocado principalmente por la depreciaci\u00f3n del d\u00f3lar</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1891 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.12pt\">americano frente al euro en un 11,34% (apreciaci\u00f3n del 6,37% en 2024).</span></div><div class=\"ps2326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:137.35pt\">Otros ajustes por cambio de valor</span></div><div class=\"ps5992_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Los movimientos del ejercicio corresponden principalmente a los ingresos y gastos imputados a patrimonio, as\u00ed como las</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps5993 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">transferencias a la Cuenta de p\u00e9rdidas y ganancias consolidada, de los instrumentos financieros derivados calificados como de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1639_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">cobertura, netos de su efecto impositivo, que ha supuesto un incremento de patrimonio neto de 1,3 millones de euros. En el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1640_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:410.39pt\">, la variaci\u00f3n por este concepto supuso una disminuci\u00f3n de patrimonio neto de 4,1 millones de euros.</span><span class=\"f charStyle-f47c836a ps5994\" style=\"width:2.71pt\"> </span></div><div class=\"ps1717 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5995_1\"><span style=\"display:inline-block;height:6.8pt;width:14.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Participaciones no dominantes</span></div><div class=\"ps1718 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Bajo este ep\u00edgrafe se recoge la participaci\u00f3n sobre el patrimonio correspondiente a derechos de terceros ajenos al Grupo,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5997_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.04pt\">incluyendo la parte proporcional del resultado que les corresponde.</span><span class=\"f charStyle-f47c836a ps5996_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5998 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Los importes consolidados, antes de realizar las eliminaciones rec\u00edprocas intragrupo, de los activos y pasivos de sociedades</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">dependientes y de sus participadas con participaciones no dominantes, as\u00ed como su correspondiente participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6001 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:212.22pt\">resultado del ejercicio se relacionan a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps6000\" style=\"width:2.71pt\"> </span></div><div class=\"ps9250 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:132pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:66pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss667_1\"><div><div class=\"ps4873_1 ss88\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6005 ss668_1\"><div><div class=\"ps6003 ss492\"><span class=\"f charStyle-40b73844 ps6097\">Porcentaje </span></div><div class=\"ps6004_1 ss492\"><span class=\"f charStyle-40b73844 ps4444\">Minoritarios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15488 ss668_1\"><div><div class=\"ps4873_1 ss492\"><span class=\"f charStyle-40b73844 ps6006_1\">Total ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6009 ss669_1\"><div><div class=\"ps4873_1 ss43\"><span class=\"f charStyle-40b73844 ps6008_1\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4140 ss669_1\"><div><div class=\"ps6003 ss43\"><span class=\"f charStyle-40b73844 ps6010\">Total ACTIVOS </span></div><div class=\"ps6004_1 ss43\"><span class=\"f charStyle-40b73844 ps6011_1\">NETOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6014_1 ss670_1\"><div><div class=\"ps6003 ss130_1\"><span class=\"f charStyle-40b73844 ps6012_1\">Participaciones </span></div><div class=\"ps6004_1 ss130_1\"><span class=\"f charStyle-40b73844 ps6013_1\">no dominantes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6018_1 ss708\"><div><div class=\"ps6015_1 ss92\"><span class=\"f charStyle-40b73844 ps3085_1\">Rtdo. </span></div><div class=\"ps4873_1 ss92\"><span class=\"f charStyle-40b73844 ps6687\">Participaciones </span></div><div class=\"ps6017_1 ss92\"><span class=\"f charStyle-40b73844 ps6037\">no dominantes</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Invers. Explot. Tur\u00edsticas, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6021 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">45,07%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6022_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps3359\">87.496</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6023 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">30.596</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6025 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">56.900</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6026_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">25.676</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6028_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">6.166</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Realizaciones Tur\u00edsticas, S.A. (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6029_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14228\">3,73%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6031_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">206.824</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6033_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6032_1\">2.157</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6035 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">204.667</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6036_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">7.689</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6037 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps1459_1\">222</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Adprotel Strand, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6038_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">38,20%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6040_1 ss51_1\"><div><div class=\"ps6039_1 ss492\"><span class=\"f charStyle-fb61828c ps2329\">689.410</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6041_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">58.410</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6042_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">631.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6043_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps14516\">241.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6044 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps960\">17.918</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3734 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">MIA Exhol, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6045_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14228\">0,31%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6046_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">501.120</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6047_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">418.021</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6048_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">83.099</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6049_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">2.603</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6051_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps6050_1\">54</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Punta Cana Reservatios, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6052_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">25,00%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6053 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">188.721</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6054_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">75.409</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6055 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">113.313</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6056_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">23.248</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6058_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps6057\">(323)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps722 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Crisalian S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6059 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">46,25%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6060_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps3359\">82.618</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6061_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6032_1\">6.490</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6062_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">76.129</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6063_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">35.210</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6064 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">3.091</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8155 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6065_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">388.371</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6066 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">304.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6067 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">84.207</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6068_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">1.220</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6069 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">3.048</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps5288 ss676_1\"><div><div class=\"ps649 ss675_1\"><span class=\"f charStyle-40b73844 ps6070\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6072_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-c9c26710 ps2731\">2.144.562</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2848_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-3e9f2643 ps6034\">895.246</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6073_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-3e9f2643 ps4324_1\">1.249.316</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6074_1 ss136_1\"><div><div class=\"ps10988 ss130_1\"><span class=\"f charStyle-3e9f2643 ps14516\">336.689</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6075_1 ss674_1\"><div><div class=\"ps10988 ss92\"><span class=\"f charStyle-3e9f2643 ps960\">30.177</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6077_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:325.1pt\">(*) Incluye las participaciones no dominantes en sus dependientes (ver Anexo 1).</span></div><div class=\"ps6078_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.74pt\">En el ep\u00edgrafe Otros se incluye informaci\u00f3n correspondiente, principalmente, a sociedades explotadoras de hoteles.</span></div></div><div><div class=\"ps2534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:56.11pt\">Crisalian, S.L.</span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Durante el segundo semestre del ejercicio, el Grupo ha adquirido el 53,75% de la sociedad Crisalian, S.L., propietaria y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">explotadora del hotel Meli\u00e1 Salinas &amp; Garden Villas, a la sociedad Victoria Hotels &amp; Resorts, S.L.\u00a0 Fruto de esta operaci\u00f3n, se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">han registrado 32,1 millones de euros en el ep\u00edgrafe de Participaciones no dominantes del balance consolidado,</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">correspondiente al porcentaje de participaci\u00f3n asignado al socio minoritario sobre el valor neto contable de los activos netos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:301.94pt\">de la sociedad Crisalian, S.L. en el momento de la integraci\u00f3n (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps10765\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.81pt\">A efectos comparativos se presentan los importes referentes a </span><span class=\"f charStyle-f47c836a ps6080\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6081\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6082\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps4559_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:134.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:66.75pt\"></td></tr><tr style=\"height:32.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss956\"><div><div class=\"ps6083_1 ss699\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6088_1 ss167\"><div><div class=\"ps6085_1 ss43\"><span class=\"f charStyle-c9c26710 ps1807\">Porcentaje </span></div><div class=\"ps6087 ss43\"><span class=\"f charStyle-c9c26710 ps6086\">Minoritarios</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2450 ss680_1\"><div><div class=\"ps6083_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps6089\">Total ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6092 ss680_1\"><div><div class=\"ps6083_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps6091\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2177 ss681_1\"><div><div class=\"ps6093_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps2186_1\">Total </span></div><div class=\"ps6083_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps1801\">ACTIVOS </span></div><div class=\"ps6096_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps2026\">NETOS</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5873 ss683_1\"><div><div class=\"ps6085_1 ss682_1\"><span class=\"f charStyle-c9c26710 ps6097_1\">Participaciones </span></div><div class=\"ps6087 ss682_1\"><span class=\"f charStyle-c9c26710 ps6050\">no dominantes</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6103_1 ss684_1\"><div><div class=\"ps6093_1 ss65\"><span class=\"f charStyle-c9c26710 ps11909\">Rtdo. </span></div><div class=\"ps6083_1 ss65\"><span class=\"f charStyle-c9c26710 ps6101\">Participaciones </span></div><div class=\"ps6096_1 ss65\"><span class=\"f charStyle-c9c26710 ps6319\">no dominantes</span></div></div></div></td></tr><tr style=\"height:8.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7148 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">Invers. Explot. Tur\u00edsticas, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6105 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps6104\">45,07%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6106_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">84.265</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6107 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">37.142</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6108_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.122</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6110_1 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps14654\">21.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6112_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps15040\">7.426</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps430 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">Realizaciones Tur\u00edsticas, S.A. (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6114_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps2799\">3,73%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6115 ss327_1\"><div><div class=\"ps6039_1 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">201.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6116_1 ss327_1\"><div><div class=\"ps6039_1 ss316_1\"><span class=\"f charStyle-fb61828c ps1840\">2.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6117_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">198.897</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6119_1 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">7.467</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6120 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps14978\">272</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9229 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-10d23c65 ps459\">Adprotel Strand, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6121_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps6104\">38,20%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6122_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">363.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6124_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps6123_1\">(292.852)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6125 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">656.702</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6127 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1194\">251.450</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6128_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps11357\">11.994</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9286 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">MIA Exhol, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6129 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps2799\">0,31%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6130_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">654.828</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6131 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">429.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6132_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">224.867</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6133 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">2.545</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6134_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps2147\">50</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5284 ss687_1\"><div><div class=\"ps3348 ss699\"><span class=\"f charStyle-fb61828c ps459\">Punta Cana Reservatios, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6135 ss688_1\"><div><div class=\"ps3348 ss43\"><span class=\"f charStyle-fb61828c ps6104\">25,00%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6136 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">167.091</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6137_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">52.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6139 ss689_1\"><div><div class=\"ps6138 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">114.629</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6140_1 ss690_1\"><div><div class=\"ps6138 ss682_1\"><span class=\"f charStyle-fb61828c ps14654\">27.284</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6142 ss691_1\"><div><div class=\"ps6138 ss65\"><span class=\"f charStyle-fb61828c ps5806\">(1.536)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps10842 ss687_1\"><div><div class=\"ps3348 ss699\"><span class=\"f charStyle-fb61828c ps459\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6143_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">414.643</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6144 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">332.101</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6145 ss689_1\"><div><div class=\"ps3348 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">82.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6146_1 ss690_1\"><div><div class=\"ps3348 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">1.611</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6147_1 ss691_1\"><div><div class=\"ps3348 ss65\"><span class=\"f charStyle-fb61828c ps15040\">3.208</span></div></div></div></td></tr><tr style=\"height:6.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss693_1\"><div><div class=\"ps649 ss692_1\"><span class=\"f charStyle-40b73844 ps6149\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6150_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps1203\">1.886.115</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6151_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">561.356</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6152_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-c9c26710 ps2207_1\">1.324.760</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6153 ss686_1\"><div><div class=\"ps649 ss682_1\"><span class=\"f charStyle-c9c26710 ps11763\">311.705</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6155 ss596_1\"><div><div class=\"ps649 ss65\"><span class=\"f charStyle-c9c26710 ps6154\">21.415</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:325.98pt\">(*) Incluye las participaciones no dominantes en sus dependientes (Ver Anexo 1).</span></div><div class=\"ps6158 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:84.94pt\">Adprotel Strand, S.L.</span></div><div class=\"ps6159_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Tras las operaciones descritas en la Nota 5.2, la sociedad Adprotel Strand, S.L. (Adprotel) es propietaria de 3 hoteles: el hotel</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">ME London (Londres), de forma directa, y los hoteles Melia Cala Galdana (Menorca) y Gran Melia Palacio de Isora (Tenerife), de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6161_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">forma indirecta, a trav\u00e9s de las sociedades Cala Galdana Property (anteriormente denominada Wamabe Iberia, S.L.) e</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6162_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:222.7pt\">Inversiones Hoteleras La Jaquita, S.A respectivamente.</span></div><div class=\"ps6163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el primer semestre del ejercicio 2024, el Grupo suscribi\u00f3 un acuerdo con la sociedad Moon GC&amp;P Investments, S.L.U.,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6164_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">propiedad de Banco de Santander, S.A., en virtud del cual dicha sociedad adquiri\u00f3 una participaci\u00f3n representativa del 38,2%</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">en el capital social de Adprotel mediante la suscripci\u00f3n de nuevas participaciones sociales tipo B, por un importe total de 300</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6166_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">millones de euros entre capital y prima de emisi\u00f3n, que otorgaron derechos pol\u00edticos acordes al porcentaje de participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6167_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:435.5pt\">adquirido y, en consecuencia, el Grupo redujo su participaci\u00f3n en dicho porcentaje, sin p\u00e9rdida de control.</span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Estas participaciones tienen car\u00e1cter preferente al otorgar al socio minoritario un acceso preferente, hasta recuperar su</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">inversi\u00f3n y sin que \u00e9sta est\u00e9 garantizada, a los flujos procedentes de una potencial venta de activos o participaciones por</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6168_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">parte de Adprotel, o de venta conjunta de las propias participaciones de Adprotel por parte de sus socios, as\u00ed como a un</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">porcentaje de los dividendos que, en su caso, decida aprobar la Junta de Socios de Adprotel. Sobre los flujos restantes de una</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6170_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">potencial venta, Meli\u00e1 tiene derecho a la recuperaci\u00f3n de su inversi\u00f3n en las mismas condiciones y, una vez cubierta, se</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6171_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">realizar\u00eda un reparto proporcional en base a los correspondientes porcentajes de participaci\u00f3n (esto es, 61,8% para el Grupo</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Meli\u00e1 y 38,2% para el Grupo Santander). Todos los eventos que puedan producir una salida de flujos de efectivo futuros est\u00e1n</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6173_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:302.13pt\">bajo el control del Grupo Meli\u00e1 seg\u00fan las condiciones del acuerdo suscrito.</span></div><div class=\"ps6174_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Tal y como se indica, el porcentaje de participaci\u00f3n de cada socio le otorga derechos pol\u00edticos acordes al mismo, adopt\u00e1ndose</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">las decisiones por parte de la Junta de Socios por mayor\u00eda de conformidad con la legislaci\u00f3n mercantil. El Grupo, a trav\u00e9s de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6176_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">otras sociedades del Grupo, explota los citados hoteles en r\u00e9gimen de arrendamiento y dirige el uso de los activos. Por otra</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">parte, las participaciones preferentes de Adprotel no tienen vencimiento, ni existe obligaci\u00f3n contractual por parte del Grupo</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.49pt\">Meli\u00e1 de comprar o asumir de forma alguna dicha participaci\u00f3n.</span></div><div class=\"ps6179_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">No obstante, la Compa\u00f1\u00eda mantiene una opci\u00f3n de compra sobre dichas participaciones preferentes ejercitable durante los 7</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6182 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.48pt\">primeros a\u00f1os desde la suscripci\u00f3n del acuerdo a un precio de ejercicio (o </span><span class=\"f charStyle-6f7c0cc4 ps6180\" style=\"width:23.26pt\">strike</span><span class=\"f charStyle-f47c836a ps6181_1\" style=\"width:172.76pt\">) variable en funci\u00f3n del momento de su</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6183 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">ejercicio que, a fecha del acuerdo, estaba fuera de dinero. Esta opci\u00f3n constituye un instrumento financiero derivado de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">activo. Por otro lado, y \u00fanicamente en caso de que se produjera una situaci\u00f3n de liquidaci\u00f3n o una situaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6185 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">incumplimiento material de condiciones bajo control del Grupo, el inversor minoritario tiene derecho a vender sus</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">participaciones a valor de mercado a un tercero que, en caso de ser ejercido, activar\u00eda un derecho de arrastre sobre las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6187 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">participaciones titularidad del Grupo a dicho tercero, con preferencia para el minoritario en los flujos hasta recuperar su</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">inversi\u00f3n, como se ha indicado anteriormente, de forma que desde la fecha del acuerdo existe un instrumento financiero</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6189 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">derivado que debe reflejar el valor de la renuncia del Grupo a parte de los derechos econ\u00f3micos que eventualmente se</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">pudieran obtener. El Grupo involucr\u00f3 al experto independiente KPMG para la evaluaci\u00f3n y valoraci\u00f3n de ambos instrumentos,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">habiendo reconocido un importe de activo de 8,7 millones de euros y de pasivo de 6,8 millones de euros en el balance</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps6192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:106.49pt\">consolidado (ver Nota 13).</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">De las condiciones se\u00f1aladas, y en aplicaci\u00f3n de la NIC 32, se procedi\u00f3 a registrar un importe de 234,6 millones de euros en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">ep\u00edgrafe Participaciones no dominantes del balance consolidado, correspondiente al porcentaje de participaci\u00f3n adquirido por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el minoritario sobre el valor neto contable de los activos netos de Adprotel y sus filiales, y un importe de 65,4 millones de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">euros en el ep\u00edgrafe de Ganancias Acumuladas del balance consolidado por la diferencia entre la caja recibida y el citado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">importe de la participaci\u00f3n no dominante reconocida, al tratarse de una operaci\u00f3n patrimonial de reducci\u00f3n de porcentaje de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:147.38pt\">participaci\u00f3n sin p\u00e9rdida de control.</span><span class=\"f charStyle-f47c836a ps12062\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-06db919b ps12591\">Punta Cana Reservations, S.L.</span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo firm\u00f3 un acuerdo con la Administradora de Fondos de Inversi\u00f3n Popular (AFI Popular), filial de Grupo Popular,</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">mediante el cual, y a trav\u00e9s de una ampliaci\u00f3n de capital, dicho fondo de inversi\u00f3n adquiri\u00f3 el 25% de la sociedad Punta Cana</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Reservations S.L. y su filial Inversiones Areito S.A., propietaria a su vez de los hoteles en Rep\u00fablica Dominicana Paradisus</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:165.91pt\">Palma Real Golf &amp; Spa y ZEL Punta Cana.</span><span class=\"f charStyle-f47c836a ps6194_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Fruto de esta operaci\u00f3n, se registraron 28,7 millones de euros en el ep\u00edgrafe de Participaciones no dominantes del balance</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">consolidado, que correspond\u00edan al porcentaje de participaci\u00f3n adquirido por el minoritario sobre el valor neto contable de los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">activos netos de la sociedad Punta Cana Reservations S.L. y de su filial, Inversiones Areito, S.A., y un importe de 31,3 millones</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">de euros registrado en el ep\u00edgrafe de Ganancias Acumuladas del balance consolidado por la diferencia entre la caja recibida y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">el citado importe de la participaci\u00f3n no dominante reconocida, al tratarse de una operaci\u00f3n patrimonial de reducci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.77pt\">porcentaje de participaci\u00f3n sin p\u00e9rdida de control.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-550": {
   "value": "<div class=\"ps5859_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5858\"><span style=\"display:inline-block;height:6.8pt;width:1.17pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Capital suscrito y prima de emisi\u00f3n</span></div><div class=\"ps5865_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:159.81pt\">El capital social a 31 de diciembre de </span><span class=\"f charStyle-f47c836a ps5860\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps5861\" style=\"width:7.87pt\"> y</span><span class=\"f charStyle-5af4d000 ps5862\" style=\"width:3.44pt\"><span style=\"background-color:inherit\"> </span></span><span class=\"f charStyle-5af4d000 ps5863\" style=\"width:18.84pt\"><span style=\"background-color:inherit\">2024</span></span><span class=\"f charStyle-f47c836a ps5864\" style=\"width:306.7pt\"> es de 44.080.000 euros, correspondientes a 220.400.000 acciones de 0,20</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps5866_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">euros de valor nominal cada una. Las acciones est\u00e1n \u00edntegramente suscritas y desembolsadas, constituyendo una \u00fanica clase y</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5867_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:22.79pt\">serie.</span></div><div class=\"ps5868_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">Todas las acciones constitutivas del capital social, a excepci\u00f3n de las acciones propias, gozan de los mismos derechos y est\u00e1n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5869_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:256.57pt\">admitidas a cotizaci\u00f3n oficial en el Mercado Continuo (Espa\u00f1a).</span></div><div class=\"ps5870_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La Junta General Ordinaria de Accionistas celebrada el 22 de junio de 2023 renov\u00f3 la autorizaci\u00f3n al Consejo se Administraci\u00f3n</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5871_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de la Sociedad para acordar la ampliaci\u00f3n del capital social, sin previa consulta a la Junta general de Accionistas, hasta el 50%</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5872_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">del capital social, pudiendo ejercitar dicha facultad en una o varias veces, decidiendo en cada caso su oportunidad o</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5873_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">conveniencia, as\u00ed como la cuant\u00eda y condiciones que estime oportunos, dentro de un plazo m\u00e1ximo de cinco a\u00f1os a contar</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5874 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">desde el d\u00eda de celebraci\u00f3n de dicha Junta. En caso de que dicha ampliaci\u00f3n de capital se efectuase excluyendo los derechos</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5875 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:483.81pt\">de suscripci\u00f3n preferente de los accionistas, la citada delegaci\u00f3n a favor del Consejo se limita al 20% del capital social.</span></div><div class=\"ps5876 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">La prima de emisi\u00f3n tiene las mismas restricciones y puede destinarse a los mismos fines que las reservas voluntarias del</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps5877 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:27.61pt\">Grupo.</span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Los derechos de voto que ostentan los principales accionistas con participaci\u00f3n directa e indirecta en Meli\u00e1 Hotels</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5883 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:84.58pt\">International, S.A. a </span><span class=\"f charStyle-f47c836a ps5878_1\" style=\"width:99.27pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5879_1\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps5880\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5881_1\" style=\"width:76pt\"> son los siguientes:</span><span class=\"f charStyle-f47c836a ps5882_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5908 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss652_1\"><div><div class=\"ps2481_1 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">ACCIONISTAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss633\"><div><div class=\"ps5885_1 ss49\"><span class=\"f charStyle-4ed8e3ec ps5884_1\">31/12/2025 % </span></div><div class=\"ps5887_1 ss49\"><span class=\"f charStyle-4ed8e3ec ps5886\">Participaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss654_1\"><div><div class=\"ps5885_1 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps2609_1\">31/12/2024 % </span></div><div class=\"ps5887_1 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps1795\">Participaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5725 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">24,37</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5891_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">24,37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Asociados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5727_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">13,76</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1495 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">13,76</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Hoteles Mallorquines Agrupados, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5893_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">11,29</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5894 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">11,29</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Tulipa Inversiones 2018, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5896_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">5,39</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5898_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps5897_1\">5,39</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Global Alpha Capital Management Ltd.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5899_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">9,94</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5900_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-8b2dbd07 ps11022\">11,03</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1255 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Francisco Garc\u00eda Param\u00e9s</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5901 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-9faf05d8 ps5895_1\">3,14</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps11368 ss655_1\"><div><div class=\"ps2435_1 ss242_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Resto (menos del 3% individual) </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5902_1 ss331\"><div><div class=\"ps2435_1 ss49\"><span class=\"f charStyle-9faf05d8 ps7764\">32,12</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5903_1 ss657_1\"><div><div class=\"ps2435_1 ss255_1\"><span class=\"f charStyle-9faf05d8 ps11022\">34,16</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3546 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5905 ss438\"><div><div class=\"ps2107_1 ss49\"><span class=\"f charStyle-fdea4ace ps8602\">100,00</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5907_1 ss256_1\"><div><div class=\"ps2107_1 ss255_1\"><span class=\"f charStyle-fdea4ace ps5906\">100,00</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-551": {
   "value": "<div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.32pt\">15.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5916_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.68pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:41.81pt\">Reservas</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">El siguiente cuadro muestra el detalle del ep\u00edgrafe de Otras reservas del patrimonio neto consolidado a cierre de los ejercicios</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps3000_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps3001\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps5917\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps5425_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reserva legal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5723_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">8.816</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5918_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">8.816</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas de revalorizaci\u00f3n R.D.L. 07/1996, de 7 de junio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5725 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">1.178</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5891_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">1.181</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas por p\u00e9rdidas y ganancias actuariales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5727_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1075\">(6.870)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1495 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps5920\">(6.380)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas voluntarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5893_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">260.051</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5894 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">291.564</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Reservas consolidadas atribuidas a la dominante</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5896_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">116.758</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5898_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">116.758</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps3699 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5921 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">379.933</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5922_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">411.939</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5923_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Las Reservas consolidadas atribuidas a la dominante incluyen los ajustes de homogeneizaci\u00f3n valorativa necesarios para</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5924 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">presentar el Patrimonio neto consolidado bajo los criterios establecidos por la Normas Internacionales de Informaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps5925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:331.88pt\">Financiera (NIIF) y sus interpretaciones (CINIIF), tal y como se indica en la Nota 2.</span></div><div class=\"ps5926_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">En cuanto a las reservas no distribuibles, Meli\u00e1 Hotels International, S.A. y sus sociedades dependientes constituidas al amparo</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5927_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">de la legislaci\u00f3n espa\u00f1ola, est\u00e1n obligadas a destinar el 10% de los beneficios de cada ejercicio a la constituci\u00f3n de un fondo</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5928_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">de reserva legal hasta que este alcance, al menos una cantidad igual al 20% del capital social. Esta reserva s\u00f3lo podr\u00e1 ser</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5929 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:497.88pt\">utilizada para cubrir, en caso de no tener otras reservas disponibles, el saldo deudor de la Cuenta de p\u00e9rdidas y ganancias.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-552": {
   "value": "<div class=\"ps5931 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5930\"><span style=\"display:inline-block;height:6.8pt;width:14.69pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Acciones propias</span></div><div class=\"ps5932_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:255.32pt\">El detalle y movimiento de las acciones propias es el siguiente:</span></div><div class=\"ps5947_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:323.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:186pt\"></td><td style=\"padding:0;width:3pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps7487 ss250_1\"><div><div class=\"ps482 ss249_1\"><span class=\"f charStyle-4ed8e3ec ps5933\">Acciones</span></div></div></div></td><td style=\"padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5934_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5650_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5935\">200.361</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3155 ss661_1\"><div><div class=\"ps958 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Adquisiciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5938_1 ss662_1\"><div><div class=\"ps5937_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5936_1\">4.610.851</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Enajenaciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5940 ss660_1\"><div><div class=\"ps4319_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5939\">(4.601.863)</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2502 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5934_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5941_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5935\">209.349</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps7158 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Precio medio \u20ac</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5943 ss660_1\"><div><div class=\"ps4319_1 ss249_1\"><span class=\"f charStyle-6abf3695 ps5942\">7,65</span></div></div></div></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps3830 ss659_1\"><div><div class=\"ps964 ss658_1\"><span class=\"f charStyle-4ed8e3ec ps5944\">SALDO A 31/12/2025 (miles de \u20ac)</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5946_1 ss660_1\"><div><div class=\"ps964 ss249_1\"><span class=\"f charStyle-28c2751e ps5945_1\">1.601</span></div></div></div></td><td style=\"border-left:2pt solid #FFFFFF;padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps5950_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:216.06pt\">El n\u00famero de acciones en poder de la Compa\u00f1\u00eda a </span><span class=\"f charStyle-f47c836a ps5948\" style=\"width:104.07pt\">31 de diciembre de 2025</span><span class=\"f charStyle-f47c836a ps5949\" style=\"width:195.49pt\"> es de 209.349, que representan el 0,095% del</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5951 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:424.85pt\">capital social. La autocartera no supera el l\u00edmite del 10% establecido en la Ley de Sociedades de Capital.</span></div><div class=\"ps5952_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">El valor de cotizaci\u00f3n de las acciones de Meli\u00e1 Hotels International, S.A. al cierre del ejercicio es de 7,92 euros. A cierre del</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps5955_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:38.14pt\">ejercicio </span><span class=\"f charStyle-f47c836a ps5953\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5954\" style=\"width:193.18pt\">, el valor de cotizaci\u00f3n ascend\u00eda a\u00a0 7,365 euros.</span></div><div class=\"ps5959 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:223.74pt\">A\u00a0 efectos comparativos, los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps5956_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps5957\" style=\"width:88.98pt\"> fueron los siguientes:</span><span class=\"f charStyle-f47c836a ps5958\" style=\"width:2.71pt\"> </span></div><div class=\"ps5975 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:329.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:183pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps8447 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-4ed8e3ec ps5960\">Acciones</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps11623 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5961\">N\u00daMERO DE ACCIONES A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5752_1 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-28c2751e ps5962\">248.014</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Adquisiciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5964_1 ss664_1\"><div><div class=\"ps2107_1 ss826\"><span class=\"f charStyle-6abf3695 ps5963\">7.136.089</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Enajenaciones por contrato de liquidez</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5966_1 ss664_1\"><div><div class=\"ps2107_1 ss826\"><span class=\"f charStyle-6abf3695 ps5965\">(7.183.742)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps12596 ss643_1\"><div><div class=\"ps482 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5961\">N\u00daMERO DE ACCIONES A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5967_1 ss664_1\"><div><div class=\"ps482 ss826\"><span class=\"f charStyle-28c2751e ps5962\">200.361</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11109 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Precio medio \u20ac</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5971 ss665_1\"><div><div class=\"ps5970 ss826\"><span class=\"f charStyle-6abf3695 ps5969\">7,53</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps14894 ss644_1\"><div><div class=\"ps2435_1 ss642_1\"><span class=\"f charStyle-4ed8e3ec ps5972_1\">SALDO A 31/12/2024 (miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps5974 ss665_1\"><div><div class=\"ps2435_1 ss826\"><span class=\"f charStyle-28c2751e ps5973_1\">1.509</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps5978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:211.66pt\">El n\u00famero de acciones en poder de la Compa\u00f1\u00eda a </span><span class=\"f charStyle-f47c836a ps5976_1\" style=\"width:102.31pt\">31 de diciembre de 2024</span><span class=\"f charStyle-f47c836a ps5977\" style=\"width:201.58pt\"> fue de 200.361, que representaban el 0,09% del</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps5979_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:56.52pt\">capital social.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-553": {
   "value": "<div class=\"ps1717 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">15.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5995_1\"><span style=\"display:inline-block;height:6.8pt;width:14.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Participaciones no dominantes</span></div><div class=\"ps1718 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Bajo este ep\u00edgrafe se recoge la participaci\u00f3n sobre el patrimonio correspondiente a derechos de terceros ajenos al Grupo,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps5997_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:274.04pt\">incluyendo la parte proporcional del resultado que les corresponde.</span><span class=\"f charStyle-f47c836a ps5996_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5998 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Los importes consolidados, antes de realizar las eliminaciones rec\u00edprocas intragrupo, de los activos y pasivos de sociedades</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">dependientes y de sus participadas con participaciones no dominantes, as\u00ed como su correspondiente participaci\u00f3n en el</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6001 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:212.22pt\">resultado del ejercicio se relacionan a continuaci\u00f3n:</span><span class=\"f charStyle-f47c836a ps6000\" style=\"width:2.71pt\"> </span></div><div class=\"ps9250 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:132pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:66pt\"></td></tr><tr style=\"height:30pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss667_1\"><div><div class=\"ps4873_1 ss88\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6005 ss668_1\"><div><div class=\"ps6003 ss492\"><span class=\"f charStyle-40b73844 ps6097\">Porcentaje </span></div><div class=\"ps6004_1 ss492\"><span class=\"f charStyle-40b73844 ps4444\">Minoritarios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15488 ss668_1\"><div><div class=\"ps4873_1 ss492\"><span class=\"f charStyle-40b73844 ps6006_1\">Total ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6009 ss669_1\"><div><div class=\"ps4873_1 ss43\"><span class=\"f charStyle-40b73844 ps6008_1\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4140 ss669_1\"><div><div class=\"ps6003 ss43\"><span class=\"f charStyle-40b73844 ps6010\">Total ACTIVOS </span></div><div class=\"ps6004_1 ss43\"><span class=\"f charStyle-40b73844 ps6011_1\">NETOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6014_1 ss670_1\"><div><div class=\"ps6003 ss130_1\"><span class=\"f charStyle-40b73844 ps6012_1\">Participaciones </span></div><div class=\"ps6004_1 ss130_1\"><span class=\"f charStyle-40b73844 ps6013_1\">no dominantes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6018_1 ss708\"><div><div class=\"ps6015_1 ss92\"><span class=\"f charStyle-40b73844 ps3085_1\">Rtdo. </span></div><div class=\"ps4873_1 ss92\"><span class=\"f charStyle-40b73844 ps6687\">Participaciones </span></div><div class=\"ps6017_1 ss92\"><span class=\"f charStyle-40b73844 ps6037\">no dominantes</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Invers. Explot. Tur\u00edsticas, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6021 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">45,07%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6022_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps3359\">87.496</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6023 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">30.596</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6025 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">56.900</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6026_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">25.676</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6028_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">6.166</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Realizaciones Tur\u00edsticas, S.A. (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6029_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14228\">3,73%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6031_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">206.824</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6033_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6032_1\">2.157</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6035 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">204.667</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6036_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">7.689</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6037 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps1459_1\">222</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Adprotel Strand, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6038_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">38,20%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6040_1 ss51_1\"><div><div class=\"ps6039_1 ss492\"><span class=\"f charStyle-fb61828c ps2329\">689.410</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6041_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">58.410</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6042_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">631.000</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6043_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps14516\">241.042</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6044 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps960\">17.918</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3734 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">MIA Exhol, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6045_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14228\">0,31%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6046_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">501.120</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6047_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">418.021</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6048_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">83.099</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6049_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">2.603</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6051_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps6050_1\">54</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps708 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Punta Cana Reservatios, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6052_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">25,00%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6053 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">188.721</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6054_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">75.409</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6055 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">113.313</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6056_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">23.248</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6058_1 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps6057\">(323)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps722 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Crisalian S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6059 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps14444\">46,25%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6060_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps3359\">82.618</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6061_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6032_1\">6.490</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6062_1 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">76.129</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6063_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps13163\">35.210</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6064 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">3.091</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8155 ss673_1\"><div><div class=\"ps649 ss88\"><span class=\"f charStyle-fb61828c ps459\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6065_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-fb61828c ps2329\">388.371</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6066 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-9f1a0df2 ps6034\">304.164</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6067 ss80_1\"><div><div class=\"ps6024 ss43\"><span class=\"f charStyle-9f1a0df2 ps5648\">84.207</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6068_1 ss136_1\"><div><div class=\"ps6024 ss130_1\"><span class=\"f charStyle-9f1a0df2 ps376\">1.220</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6069 ss674_1\"><div><div class=\"ps6024 ss92\"><span class=\"f charStyle-9f1a0df2 ps15809\">3.048</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps5288 ss676_1\"><div><div class=\"ps649 ss675_1\"><span class=\"f charStyle-40b73844 ps6070\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6072_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-c9c26710 ps2731\">2.144.562</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2848_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-3e9f2643 ps6034\">895.246</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6073_1 ss80_1\"><div><div class=\"ps10988 ss43\"><span class=\"f charStyle-3e9f2643 ps4324_1\">1.249.316</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6074_1 ss136_1\"><div><div class=\"ps10988 ss130_1\"><span class=\"f charStyle-3e9f2643 ps14516\">336.689</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6075_1 ss674_1\"><div><div class=\"ps10988 ss92\"><span class=\"f charStyle-3e9f2643 ps960\">30.177</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6077_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:325.1pt\">(*) Incluye las participaciones no dominantes en sus dependientes (ver Anexo 1).</span></div><div class=\"ps6078_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:468.74pt\">En el ep\u00edgrafe Otros se incluye informaci\u00f3n correspondiente, principalmente, a sociedades explotadoras de hoteles.</span></div><div><div class=\"ps2534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:56.11pt\">Crisalian, S.L.</span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Durante el segundo semestre del ejercicio, el Grupo ha adquirido el 53,75% de la sociedad Crisalian, S.L., propietaria y</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">explotadora del hotel Meli\u00e1 Salinas &amp; Garden Villas, a la sociedad Victoria Hotels &amp; Resorts, S.L.\u00a0 Fruto de esta operaci\u00f3n, se</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1224_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">han registrado 32,1 millones de euros en el ep\u00edgrafe de Participaciones no dominantes del balance consolidado,</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1664_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">correspondiente al porcentaje de participaci\u00f3n asignado al socio minoritario sobre el valor neto contable de los activos netos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1665_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:301.94pt\">de la sociedad Crisalian, S.L. en el momento de la integraci\u00f3n (ver Nota 5)</span><span class=\"f charStyle-f47c836a ps10765\" style=\"width:2.71pt\"> </span></div><div class=\"ps1149 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:254.81pt\">A efectos comparativos se presentan los importes referentes a </span><span class=\"f charStyle-f47c836a ps6080\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6081\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6082\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps4559_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:134.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:66.75pt\"></td></tr><tr style=\"height:32.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps1 ss956\"><div><div class=\"ps6083_1 ss699\"><span class=\"f charStyle-c9c26710 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6088_1 ss167\"><div><div class=\"ps6085_1 ss43\"><span class=\"f charStyle-c9c26710 ps1807\">Porcentaje </span></div><div class=\"ps6087 ss43\"><span class=\"f charStyle-c9c26710 ps6086\">Minoritarios</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2450 ss680_1\"><div><div class=\"ps6083_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps6089\">Total ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6092 ss680_1\"><div><div class=\"ps6083_1 ss316_1\"><span class=\"f charStyle-c9c26710 ps6091\">Total PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps2177 ss681_1\"><div><div class=\"ps6093_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps2186_1\">Total </span></div><div class=\"ps6083_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps1801\">ACTIVOS </span></div><div class=\"ps6096_1 ss237_1\"><span class=\"f charStyle-c9c26710 ps2026\">NETOS</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps5873 ss683_1\"><div><div class=\"ps6085_1 ss682_1\"><span class=\"f charStyle-c9c26710 ps6097_1\">Participaciones </span></div><div class=\"ps6087 ss682_1\"><span class=\"f charStyle-c9c26710 ps6050\">no dominantes</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6103_1 ss684_1\"><div><div class=\"ps6093_1 ss65\"><span class=\"f charStyle-c9c26710 ps11909\">Rtdo. </span></div><div class=\"ps6083_1 ss65\"><span class=\"f charStyle-c9c26710 ps6101\">Participaciones </span></div><div class=\"ps6096_1 ss65\"><span class=\"f charStyle-c9c26710 ps6319\">no dominantes</span></div></div></div></td></tr><tr style=\"height:8.25pt\"><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps7148 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">Invers. Explot. Tur\u00edsticas, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6105 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps6104\">45,07%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6106_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">84.265</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6107 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">37.142</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6108_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">47.122</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6110_1 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps14654\">21.347</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6112_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps15040\">7.426</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps430 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">Realizaciones Tur\u00edsticas, S.A. (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6114_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps2799\">3,73%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6115 ss327_1\"><div><div class=\"ps6039_1 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">201.439</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6116_1 ss327_1\"><div><div class=\"ps6039_1 ss316_1\"><span class=\"f charStyle-fb61828c ps1840\">2.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6117_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">198.897</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6119_1 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">7.467</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6120 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps14978\">272</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9229 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-10d23c65 ps459\">Adprotel Strand, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6121_1 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps6104\">38,20%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6122_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">363.850</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6124_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps6123_1\">(292.852)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6125 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">656.702</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6127 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1194\">251.450</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6128_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps11357\">11.994</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps9286 ss685_1\"><div><div class=\"ps649 ss699\"><span class=\"f charStyle-fb61828c ps459\">MIA Exhol, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6129 ss80_1\"><div><div class=\"ps649 ss43\"><span class=\"f charStyle-fb61828c ps2799\">0,31%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6130_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">654.828</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6131 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">429.961</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6132_1 ss238_1\"><div><div class=\"ps6039_1 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">224.867</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6133 ss686_1\"><div><div class=\"ps6039_1 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">2.545</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6134_1 ss596_1\"><div><div class=\"ps6039_1 ss65\"><span class=\"f charStyle-fb61828c ps2147\">50</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5284 ss687_1\"><div><div class=\"ps3348 ss699\"><span class=\"f charStyle-fb61828c ps459\">Punta Cana Reservatios, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6135 ss688_1\"><div><div class=\"ps3348 ss43\"><span class=\"f charStyle-fb61828c ps6104\">25,00%</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6136 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">167.091</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6137_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps4387\">52.462</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6139 ss689_1\"><div><div class=\"ps6138 ss237_1\"><span class=\"f charStyle-fb61828c ps4660\">114.629</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6140_1 ss690_1\"><div><div class=\"ps6138 ss682_1\"><span class=\"f charStyle-fb61828c ps14654\">27.284</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6142 ss691_1\"><div><div class=\"ps6138 ss65\"><span class=\"f charStyle-fb61828c ps5806\">(1.536)</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps10842 ss687_1\"><div><div class=\"ps3348 ss699\"><span class=\"f charStyle-fb61828c ps459\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6143_1 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">414.643</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6144 ss321_1\"><div><div class=\"ps3348 ss316_1\"><span class=\"f charStyle-fb61828c ps9395\">332.101</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6145 ss689_1\"><div><div class=\"ps3348 ss237_1\"><span class=\"f charStyle-fb61828c ps2658\">82.542</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6146_1 ss690_1\"><div><div class=\"ps3348 ss682_1\"><span class=\"f charStyle-fb61828c ps1414\">1.611</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"><div class=\"ps6147_1 ss691_1\"><div><div class=\"ps3348 ss65\"><span class=\"f charStyle-fb61828c ps15040\">3.208</span></div></div></div></td></tr><tr style=\"height:6.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"border-bottom:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss693_1\"><div><div class=\"ps649 ss692_1\"><span class=\"f charStyle-40b73844 ps6149\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6150_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps1203\">1.886.115</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6151_1 ss327_1\"><div><div class=\"ps649 ss316_1\"><span class=\"f charStyle-c9c26710 ps6236\">561.356</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6152_1 ss238_1\"><div><div class=\"ps649 ss237_1\"><span class=\"f charStyle-c9c26710 ps2207_1\">1.324.760</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6153 ss686_1\"><div><div class=\"ps649 ss682_1\"><span class=\"f charStyle-c9c26710 ps11763\">311.705</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6155 ss596_1\"><div><div class=\"ps649 ss65\"><span class=\"f charStyle-c9c26710 ps6154\">21.415</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6156 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:325.98pt\">(*) Incluye las participaciones no dominantes en sus dependientes (Ver Anexo 1).</span></div><div class=\"ps6158 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-06db919b ps12591\" style=\"width:84.94pt\">Adprotel Strand, S.L.</span></div><div class=\"ps6159_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Tras las operaciones descritas en la Nota 5.2, la sociedad Adprotel Strand, S.L. (Adprotel) es propietaria de 3 hoteles: el hotel</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">ME London (Londres), de forma directa, y los hoteles Melia Cala Galdana (Menorca) y Gran Melia Palacio de Isora (Tenerife), de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6161_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">forma indirecta, a trav\u00e9s de las sociedades Cala Galdana Property (anteriormente denominada Wamabe Iberia, S.L.) e</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6162_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:222.7pt\">Inversiones Hoteleras La Jaquita, S.A respectivamente.</span></div><div class=\"ps6163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el primer semestre del ejercicio 2024, el Grupo suscribi\u00f3 un acuerdo con la sociedad Moon GC&amp;P Investments, S.L.U.,</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6164_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">propiedad de Banco de Santander, S.A., en virtud del cual dicha sociedad adquiri\u00f3 una participaci\u00f3n representativa del 38,2%</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">en el capital social de Adprotel mediante la suscripci\u00f3n de nuevas participaciones sociales tipo B, por un importe total de 300</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6166_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">millones de euros entre capital y prima de emisi\u00f3n, que otorgaron derechos pol\u00edticos acordes al porcentaje de participaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6167_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:435.5pt\">adquirido y, en consecuencia, el Grupo redujo su participaci\u00f3n en dicho porcentaje, sin p\u00e9rdida de control.</span></div><div class=\"ps3771_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Estas participaciones tienen car\u00e1cter preferente al otorgar al socio minoritario un acceso preferente, hasta recuperar su</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3772_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">inversi\u00f3n y sin que \u00e9sta est\u00e9 garantizada, a los flujos procedentes de una potencial venta de activos o participaciones por</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6168_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">parte de Adprotel, o de venta conjunta de las propias participaciones de Adprotel por parte de sus socios, as\u00ed como a un</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">porcentaje de los dividendos que, en su caso, decida aprobar la Junta de Socios de Adprotel. Sobre los flujos restantes de una</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6170_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">potencial venta, Meli\u00e1 tiene derecho a la recuperaci\u00f3n de su inversi\u00f3n en las mismas condiciones y, una vez cubierta, se</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6171_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">realizar\u00eda un reparto proporcional en base a los correspondientes porcentajes de participaci\u00f3n (esto es, 61,8% para el Grupo</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6172_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Meli\u00e1 y 38,2% para el Grupo Santander). Todos los eventos que puedan producir una salida de flujos de efectivo futuros est\u00e1n</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6173_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:302.13pt\">bajo el control del Grupo Meli\u00e1 seg\u00fan las condiciones del acuerdo suscrito.</span></div><div class=\"ps6174_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Tal y como se indica, el porcentaje de participaci\u00f3n de cada socio le otorga derechos pol\u00edticos acordes al mismo, adopt\u00e1ndose</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6175_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">las decisiones por parte de la Junta de Socios por mayor\u00eda de conformidad con la legislaci\u00f3n mercantil. El Grupo, a trav\u00e9s de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6176_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">otras sociedades del Grupo, explota los citados hoteles en r\u00e9gimen de arrendamiento y dirige el uso de los activos. Por otra</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6177_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">parte, las participaciones preferentes de Adprotel no tienen vencimiento, ni existe obligaci\u00f3n contractual por parte del Grupo</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6178_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.49pt\">Meli\u00e1 de comprar o asumir de forma alguna dicha participaci\u00f3n.</span></div><div class=\"ps6179_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">No obstante, la Compa\u00f1\u00eda mantiene una opci\u00f3n de compra sobre dichas participaciones preferentes ejercitable durante los 7</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6182 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:319.48pt\">primeros a\u00f1os desde la suscripci\u00f3n del acuerdo a un precio de ejercicio (o </span><span class=\"f charStyle-6f7c0cc4 ps6180\" style=\"width:23.26pt\">strike</span><span class=\"f charStyle-f47c836a ps6181_1\" style=\"width:172.76pt\">) variable en funci\u00f3n del momento de su</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6183 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">ejercicio que, a fecha del acuerdo, estaba fuera de dinero. Esta opci\u00f3n constituye un instrumento financiero derivado de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6184 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">activo. Por otro lado, y \u00fanicamente en caso de que se produjera una situaci\u00f3n de liquidaci\u00f3n o una situaci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6185 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">incumplimiento material de condiciones bajo control del Grupo, el inversor minoritario tiene derecho a vender sus</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6186 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">participaciones a valor de mercado a un tercero que, en caso de ser ejercido, activar\u00eda un derecho de arrastre sobre las</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6187 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">participaciones titularidad del Grupo a dicho tercero, con preferencia para el minoritario en los flujos hasta recuperar su</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6188 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">inversi\u00f3n, como se ha indicado anteriormente, de forma que desde la fecha del acuerdo existe un instrumento financiero</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6189 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">derivado que debe reflejar el valor de la renuncia del Grupo a parte de los derechos econ\u00f3micos que eventualmente se</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6190 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">pudieran obtener. El Grupo involucr\u00f3 al experto independiente KPMG para la evaluaci\u00f3n y valoraci\u00f3n de ambos instrumentos,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6191 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">habiendo reconocido un importe de activo de 8,7 millones de euros y de pasivo de 6,8 millones de euros en el balance</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps6192 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:106.49pt\">consolidado (ver Nota 13).</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">De las condiciones se\u00f1aladas, y en aplicaci\u00f3n de la NIC 32, se procedi\u00f3 a registrar un importe de 234,6 millones de euros en el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">ep\u00edgrafe Participaciones no dominantes del balance consolidado, correspondiente al porcentaje de participaci\u00f3n adquirido por</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">el minoritario sobre el valor neto contable de los activos netos de Adprotel y sus filiales, y un importe de 65,4 millones de</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">euros en el ep\u00edgrafe de Ganancias Acumuladas del balance consolidado por la diferencia entre la caja recibida y el citado</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">importe de la participaci\u00f3n no dominante reconocida, al tratarse de una operaci\u00f3n patrimonial de reducci\u00f3n de porcentaje de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:147.38pt\">participaci\u00f3n sin p\u00e9rdida de control.</span><span class=\"f charStyle-f47c836a ps12062\" style=\"width:2.71pt\"> </span></div><div class=\"ps1666_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-06db919b ps12591\">Punta Cana Reservations, S.L.</span></div><div class=\"ps1151 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo firm\u00f3 un acuerdo con la Administradora de Fondos de Inversi\u00f3n Popular (AFI Popular), filial de Grupo Popular,</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1777_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">mediante el cual, y a trav\u00e9s de una ampliaci\u00f3n de capital, dicho fondo de inversi\u00f3n adquiri\u00f3 el 25% de la sociedad Punta Cana</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps1778_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">Reservations S.L. y su filial Inversiones Areito S.A., propietaria a su vez de los hoteles en Rep\u00fablica Dominicana Paradisus</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1779 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:165.91pt\">Palma Real Golf &amp; Spa y ZEL Punta Cana.</span><span class=\"f charStyle-f47c836a ps6194_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Fruto de esta operaci\u00f3n, se registraron 28,7 millones de euros en el ep\u00edgrafe de Participaciones no dominantes del balance</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1160_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">consolidado, que correspond\u00edan al porcentaje de participaci\u00f3n adquirido por el minoritario sobre el valor neto contable de los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">activos netos de la sociedad Punta Cana Reservations S.L. y de su filial, Inversiones Areito, S.A., y un importe de 31,3 millones</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">de euros registrado en el ep\u00edgrafe de Ganancias Acumuladas del balance consolidado por la diferencia entre la caja recibida y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">el citado importe de la participaci\u00f3n no dominante reconocida, al tratarse de una operaci\u00f3n patrimonial de reducci\u00f3n de</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:206.77pt\">porcentaje de participaci\u00f3n sin p\u00e9rdida de control.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncontrollingInterestsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-554": {
   "value": "<div class=\"ps6197 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 16.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps6196_1\"><span style=\"display:inline-block;height:11.34pt;width:9.22pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Otros Pasivos No Corrientes</span></div><div class=\"ps6199 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">16.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones de capital y otros ingresos diferidos</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El detalle de los saldos mantenidos en Balance consolidado es el siguiente:\u00a0 </span><span class=\"f charStyle-6f7c0cc4 ps6200\"> </span></div><div class=\"ps6202_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Subvenciones de capital</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">3.034</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">3.210</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos programas fidelizaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">29.524</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">28.399</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">149.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">231.980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">6.257</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">6.785</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps500 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">188.310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6201 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">270.374</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6203_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las subvenciones de capital corresponden principalmente a subvenciones para financiar compras del inmovilizado material,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6204_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">habi\u00e9ndose recogido en la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio un importe total de 175,9 miles de euros.</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6205 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:283.23pt\"> se recogieron ingresos por subvenciones por valor de 171,9 mil euros.</span></div><div class=\"ps6206_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Referente a los programas de fidelizaci\u00f3n, se asigna una parte del precio de venta de las estancias hoteleras como valor</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6207_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">razonable de los puntos que se reconocer\u00e1n como ingreso en la Cuenta de p\u00e9rdidas y ganancias consolidada en el momento de</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6208_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:121.63pt\">ser redimidos por los clientes.</span></div><div class=\"ps6209_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los Ingresos diferidos del club vacacional reflejan el importe asignado a las semanas no disfrutadas a\u00fan por parte de los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6210_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">clientes, una vez descontados los gastos directamente atribuibles a la firma de estos contratos. Estos ingresos diferidos se</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6211_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">reconocer\u00e1n como ingreso en la Cuenta de p\u00e9rdidas y ganancias consolidada en el momento en que los clientes hacen uso de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:298.1pt\">los derechos adquiridos en su contrato de membres\u00eda del club vacacional.</span></div><div class=\"ps6213_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">16.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:54.45pt\">Provisiones</span></div><div class=\"ps6214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo mantiene en el pasivo no corriente un saldo de 38 millones de euros en concepto de provisiones para riesgos y gastos.</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Tal y como se indica en la Nota 3.9, se registran en esta r\u00fabrica las obligaciones post-empleo mantenidas por el Grupo con su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">personal y para contenciosos con organismos p\u00fablicos de car\u00e1cter urban\u00edstico, as\u00ed como las provisiones registradas para cubrir</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6217_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">los diferentes riesgos y contingencias con origen en las operaciones desarrolladas, los compromisos adquiridos y garant\u00edas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">prestadas a favor de terceros, riesgos por litigios y reclamaciones legales y posibles pasivos derivados de las distintas</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6219_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:249.94pt\">interpretaciones a que est\u00e1 sujeta la normativa legal vigente.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:287.23pt\">El desglose del saldo por naturaleza de las obligaciones es el siguiente:</span><span class=\"f charStyle-f47c836a ps6225_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps4070\">31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-28c2751e ps2014\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss694_1\"><div><div class=\"ps568 ss663\"><span class=\"f charStyle-f47c836a ps267\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n </span></div><div class=\"ps570 ss663\"><span class=\"f charStyle-f47c836a ps267\">y obligaciones con el personal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6227 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">12.577</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6228 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">1.907</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5494_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(363)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6230_1 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">14.121</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Provisi\u00f3n para responsabilidades e impuestos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6231_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">28.458</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6232_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps990_1\">845</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6233 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">(5.408)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6234_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">23.895</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11232 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6235 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps11402\">41.035</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6236 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1105\">2.752</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6238_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps6237\">(5.771)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6239_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps9374\">38.016</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6240_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n y obligaciones con el personal</span></div><div class=\"ps6241_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Al cierre de cada ejercicio se realizan estudios actuariales para valorar los servicios pasados correspondientes a los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6244 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.14pt\">compromisos estipulados en convenios colectivos supra-empresariales, estim\u00e1ndose para el </span><span class=\"f charStyle-f47c836a ps6242\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps9718\" style=\"width:111.6pt\"> un importe devengado de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6249_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:395.93pt\">14,5 millones de euros, con un impacto de 1,9 millones de euros en el resultado del ejercicio </span><span class=\"f charStyle-f47c836a ps6245\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6246\" style=\"width:70.69pt\">. En el ejercicio </span><span class=\"f charStyle-f47c836a ps6247\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6248\" style=\"width:11.22pt\"> el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6250 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:440.26pt\">importe total devengado fue de 13,1 millones de euros, con impacto en resultados por valor de 1,8 millones.</span></div><div class=\"ps6251_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La evaluaci\u00f3n de dichos compromisos asumidos por la Compa\u00f1\u00eda se ha realizado de acuerdo con las hip\u00f3tesis actuariales del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">modelo propio del Grupo, aplicando el m\u00e9todo de c\u00e1lculo conocido como Cr\u00e9dito unitario proyectado e hip\u00f3tesis demogr\u00e1ficas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6253_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">correspondientes a las tablas PER2020, utilizando un tipo de capitalizaci\u00f3n del 3,52% y una hip\u00f3tesis de incremento salarial del</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6254 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">3,96%. Adicionalmente, tambi\u00e9n se ha aplicado la probabilidad de permanencia hasta la edad de jubilaci\u00f3n basada en la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6255 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:477.98pt\">experiencia de bajas del Grupo, resultando los siguientes coeficientes de rotaci\u00f3n seg\u00fan la edad actual del empleado.</span></div><div class=\"ps6269_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss268_1 ws0 ps6268\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:150pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-4ed8e3ec ps6256_1\">Tramo edad</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps8230 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-4ed8e3ec ps6257_1\">% Rotaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps6260 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6259_1\">&lt;45</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6262 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">6,07%</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps6264 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6263\">45-55</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6265_1 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">3,47%</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1096 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6259_1\">&gt;55</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6267 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">2,96%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6270_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asimismo, se ha externalizado una parte significativa de estos compromisos en cumplimiento de la legislaci\u00f3n vigente, siendo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6272_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.26pt\">el saldo de dichos activos afectos a los planes de prestaci\u00f3n post-empleo a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6271_1\" style=\"width:106.45pt\"> de 0,4 millones de euros,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6275_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.44pt\">present\u00e1ndose el pasivo por su valor neto. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6273_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6274\" style=\"width:229.77pt\"> el saldo por este concepto fue de 0,5 millones de euros.</span></div><div class=\"ps6276_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Por otra parte, el importe negativo reconocido en el Estado del resultado global consolidado por 0,8 millones de euros</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6277 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">corresponde a la variaci\u00f3n experimentada en los porcentajes e hip\u00f3tesis actuariales de c\u00e1lculo de las retribuciones y premios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6278_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">de jubilaci\u00f3n por los compromisos por prestaciones post-empleo que el Grupo mantiene frente a sus empleados. En el ejercicio</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6279 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:434.33pt\"> el importe negativo reconocido en el Estado del resultado global consolidado fue de 0,9 millones de euros.</span></div><div class=\"ps6280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:132.24pt\">Provisi\u00f3n para responsabilidades</span></div><div class=\"ps6281_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La disminuci\u00f3n registrada en este apartado se corresponde b\u00e1sicamente con la reversi\u00f3n de provisiones asociadas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6282 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">obligaciones ligadas a diferentes contratos, as\u00ed como a determinados contenciosos cuya resoluci\u00f3n ha supuesto una reducci\u00f3n</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6283_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.52pt\">del riesgo de desembolso econ\u00f3mico para el Grupo.</span></div><div class=\"ps6287_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A efectos comparativos se presenta el desglose del saldo por naturaleza a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6285\">2024</span><span class=\"f charStyle-f47c836a ps6286\">:</span></div><div class=\"ps6296_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2014\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss696_1\"><div><div class=\"ps5291_1 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n </span></div><div class=\"ps5292_1 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">y obligaciones con el personal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3277 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">11.024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3278_1 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">2.029</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3279 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(475)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3281 ss698_1\"><div><div class=\"ps5294_1 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">12.577</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3722 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">Provisi\u00f3n para responsabilidades e impuestos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6288_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">26.653</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6289_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">2.633</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6290_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(828)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6291_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">28.458</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3729 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6292_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps11402\">37.677</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1105\">4.662</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6294_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps6237\">(1.303)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6295 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps9374\">41.036</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentLiabilitiesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-555": {
   "value": "<div class=\"ps6199 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">16.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones de capital y otros ingresos diferidos</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El detalle de los saldos mantenidos en Balance consolidado es el siguiente:\u00a0 </span><span class=\"f charStyle-6f7c0cc4 ps6200\"> </span></div><div class=\"ps6202_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Subvenciones de capital</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">3.034</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">3.210</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos programas fidelizaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">29.524</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">28.399</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">149.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">231.980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">6.257</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">6.785</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps500 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">188.310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6201 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">270.374</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6203_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Las subvenciones de capital corresponden principalmente a subvenciones para financiar compras del inmovilizado material,</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6204_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">habi\u00e9ndose recogido en la Cuenta de p\u00e9rdidas y ganancias consolidada del ejercicio un importe total de 175,9 miles de euros.</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6205 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.84pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps2532\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps2533_1\" style=\"width:283.23pt\"> se recogieron ingresos por subvenciones por valor de 171,9 mil euros.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGovernmentGrantsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-556": {
   "value": "<div class=\"ps6199 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">16.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Subvenciones de capital y otros ingresos diferidos</span></div><div class=\"ps1889_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El detalle de los saldos mantenidos en Balance consolidado es el siguiente:\u00a0 </span><span class=\"f charStyle-6f7c0cc4 ps6200\"> </span></div><div class=\"ps6202_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:325.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:84pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps480 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3165\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3116_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3577\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Subvenciones de capital</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3006_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">3.034</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3119_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">3.210</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1499_1 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos programas fidelizaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3009_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1012\">29.524</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3121_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3124_1\">28.399</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps600 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3012_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps1461_1\">149.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3122_1 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps15936\">231.980</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11232 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-f47c836a ps267\">Otros ingresos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps494 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps3117\">6.257</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3125 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-f47c836a ps3118_1\">6.785</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps9286 ss243_1\"><div><div class=\"ps482 ss242_1\"><span class=\"f charStyle-4ed8e3ec ps3045\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps500 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps3136_1\">188.310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6201 ss256_1\"><div><div class=\"ps482 ss255_1\"><span class=\"f charStyle-4ed8e3ec ps3137_1\">270.374</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6209_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los Ingresos diferidos del club vacacional reflejan el importe asignado a las semanas no disfrutadas a\u00fan por parte de los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6210_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">clientes, una vez descontados los gastos directamente atribuibles a la firma de estos contratos. Estos ingresos diferidos se</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6211_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">reconocer\u00e1n como ingreso en la Cuenta de p\u00e9rdidas y ganancias consolidada en el momento en que los clientes hacen uso de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6212_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:298.1pt\">los derechos adquiridos en su contrato de membres\u00eda del club vacacional.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredIncomeExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-557": {
   "value": "<div class=\"ps6213_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">16.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:54.45pt\">Provisiones</span></div><div class=\"ps6214_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo mantiene en el pasivo no corriente un saldo de 38 millones de euros en concepto de provisiones para riesgos y gastos.</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6215_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Tal y como se indica en la Nota 3.9, se registran en esta r\u00fabrica las obligaciones post-empleo mantenidas por el Grupo con su</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">personal y para contenciosos con organismos p\u00fablicos de car\u00e1cter urban\u00edstico, as\u00ed como las provisiones registradas para cubrir</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6217_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">los diferentes riesgos y contingencias con origen en las operaciones desarrolladas, los compromisos adquiridos y garant\u00edas</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">prestadas a favor de terceros, riesgos por litigios y reclamaciones legales y posibles pasivos derivados de las distintas</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6219_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:249.94pt\">interpretaciones a que est\u00e1 sujeta la normativa legal vigente.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:287.23pt\">El desglose del saldo por naturaleza de las obligaciones es el siguiente:</span><span class=\"f charStyle-f47c836a ps6225_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-28c2751e ps4070\">31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-28c2751e ps2014\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5989 ss694_1\"><div><div class=\"ps568 ss663\"><span class=\"f charStyle-f47c836a ps267\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n </span></div><div class=\"ps570 ss663\"><span class=\"f charStyle-f47c836a ps267\">y obligaciones con el personal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6227 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">12.577</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6228 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">1.907</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps5494_1 ss37_1\"><div><div class=\"ps476 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(363)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6230_1 ss241_1\"><div><div class=\"ps476 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">14.121</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11634 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-f47c836a ps267\">Provisi\u00f3n para responsabilidades e impuestos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6231_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">28.458</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6232_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps990_1\">845</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6233 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps9439\">(5.408)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6234_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">23.895</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps11232 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6235 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps11402\">41.035</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6236 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1105\">2.752</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6238_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps6237\">(5.771)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6239_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps9374\">38.016</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6240_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n y obligaciones con el personal</span></div><div class=\"ps6241_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Al cierre de cada ejercicio se realizan estudios actuariales para valorar los servicios pasados correspondientes a los</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6244 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:385.14pt\">compromisos estipulados en convenios colectivos supra-empresariales, estim\u00e1ndose para el </span><span class=\"f charStyle-f47c836a ps6242\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps9718\" style=\"width:111.6pt\"> un importe devengado de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6249_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:395.93pt\">14,5 millones de euros, con un impacto de 1,9 millones de euros en el resultado del ejercicio </span><span class=\"f charStyle-f47c836a ps6245\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6246\" style=\"width:70.69pt\">. En el ejercicio </span><span class=\"f charStyle-f47c836a ps6247\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6248\" style=\"width:11.22pt\"> el</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6250 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:440.26pt\">importe total devengado fue de 13,1 millones de euros, con impacto en resultados por valor de 1,8 millones.</span></div><div class=\"ps6251_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">La evaluaci\u00f3n de dichos compromisos asumidos por la Compa\u00f1\u00eda se ha realizado de acuerdo con las hip\u00f3tesis actuariales del</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">modelo propio del Grupo, aplicando el m\u00e9todo de c\u00e1lculo conocido como Cr\u00e9dito unitario proyectado e hip\u00f3tesis demogr\u00e1ficas</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6253_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">correspondientes a las tablas PER2020, utilizando un tipo de capitalizaci\u00f3n del 3,52% y una hip\u00f3tesis de incremento salarial del</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6254 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">3,96%. Adicionalmente, tambi\u00e9n se ha aplicado la probabilidad de permanencia hasta la edad de jubilaci\u00f3n basada en la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6255 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:477.98pt\">experiencia de bajas del Grupo, resultando los siguientes coeficientes de rotaci\u00f3n seg\u00fan la edad actual del empleado.</span></div><div class=\"ps6269_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss268_1 ws0 ps6268\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:150pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:150pt\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-4ed8e3ec ps6256_1\">Tramo edad</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps8230 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-4ed8e3ec ps6257_1\">% Rotaci\u00f3n</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps6260 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6259_1\">&lt;45</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6262 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">6,07%</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps6264 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6263\">45-55</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6265_1 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">3,47%</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1096 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6259_1\">&gt;55</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6267 ss695_1\"><div><div class=\"ps964 ss21\"><span class=\"f charStyle-f47c836a ps6261_1\">2,96%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6270_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Asimismo, se ha externalizado una parte significativa de estos compromisos en cumplimiento de la legislaci\u00f3n vigente, siendo</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6272_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:390.26pt\">el saldo de dichos activos afectos a los planes de prestaci\u00f3n post-empleo a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps5793\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6271_1\" style=\"width:106.45pt\"> de 0,4 millones de euros,</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6275_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:261.44pt\">present\u00e1ndose el pasivo por su valor neto. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6273_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6274\" style=\"width:229.77pt\"> el saldo por este concepto fue de 0,5 millones de euros.</span></div><div class=\"ps6276_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Por otra parte, el importe negativo reconocido en el Estado del resultado global consolidado por 0,8 millones de euros</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6277 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">corresponde a la variaci\u00f3n experimentada en los porcentajes e hip\u00f3tesis actuariales de c\u00e1lculo de las retribuciones y premios</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6278_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">de jubilaci\u00f3n por los compromisos por prestaciones post-empleo que el Grupo mantiene frente a sus empleados. En el ejercicio</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6279 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:434.33pt\"> el importe negativo reconocido en el Estado del resultado global consolidado fue de 0,9 millones de euros.</span></div><div class=\"ps6280_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:132.24pt\">Provisi\u00f3n para responsabilidades</span></div><div class=\"ps6281_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">La disminuci\u00f3n registrada en este apartado se corresponde b\u00e1sicamente con la reversi\u00f3n de provisiones asociadas a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6282 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">obligaciones ligadas a diferentes contratos, as\u00ed como a determinados contenciosos cuya resoluci\u00f3n ha supuesto una reducci\u00f3n</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6283_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:208.52pt\">del riesgo de desembolso econ\u00f3mico para el Grupo.</span></div><div class=\"ps6287_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A efectos comparativos se presenta el desglose del saldo por naturaleza a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6285\">2024</span><span class=\"f charStyle-f47c836a ps6286\">:</span></div><div class=\"ps6296_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:208.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3274 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4070\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3056 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps4072\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps3584 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps607\">Bajas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14288 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps2014\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss696_1\"><div><div class=\"ps5291_1 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">Provisi\u00f3n para premios de jubilaci\u00f3n, vinculaci\u00f3n </span></div><div class=\"ps5292_1 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">y obligaciones con el personal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3277 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">11.024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3278_1 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">2.029</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3279 ss697_1\"><div><div class=\"ps5294_1 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(475)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3281 ss698_1\"><div><div class=\"ps5294_1 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">12.577</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3722 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-934a7fa2 ps267\">Provisi\u00f3n para responsabilidades e impuestos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6288_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps486_1\">26.653</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6289_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps559\">2.633</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6290_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-934a7fa2 ps3710\">(828)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6291_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-934a7fa2 ps6229\">28.458</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3729 ss280_1\"><div><div class=\"ps482 ss663\"><span class=\"f charStyle-4ed8e3ec ps5783_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6292_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps11402\">37.677</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6293_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps1105\">4.662</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6294_1 ss39_1\"><div><div class=\"ps482 ss37\"><span class=\"f charStyle-4ed8e3ec ps6237\">(1.303)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6295 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps9374\">41.036</span></div></div></div></td></tr></tbody></table></div></div></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-558": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_73\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 17.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps6298\"><span style=\"display:inline-block;height:11.34pt;width:10.62pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Arrendamientos</span></div><div class=\"ps2998 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">17.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6299\"><span style=\"display:inline-block;height:6.8pt;width:1.58pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Derechos de uso</span></div><div class=\"ps2999 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">A continuaci\u00f3n, se detallan los saldos iniciales y finales de los activos por Derechos de uso, as\u00ed como movimientos del ejercicio</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.12pt\">e importes de amortizaci\u00f3n para cada clase de activo subyacente para el presente ejercicio y el ejercicio anterior:</span><span class=\"f charStyle-f47c836a ps8930\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps3025 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:147.75pt\"></td><td style=\"padding:0;width:71.25pt\"></td><td style=\"padding:0;width:66pt\"></td><td style=\"padding:0;width:57pt\"></td><td style=\"padding:0;width:53.25pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:62.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss699_1\"><div><div class=\"ps3465 ss278_1\"><span class=\"f charStyle-40b73844 ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6302_1 ss700_1\"><div><div class=\"ps3465 ss376_1\"><span class=\"f charStyle-40b73844 ps6301\">Saldo 31/12/2024</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6305_1 ss701_1\"><div><div class=\"ps3467 ss92\"><span class=\"f charStyle-40b73844 ps6303\">Amortizaci\u00f3n y </span></div><div class=\"ps3469_1 ss92\"><span class=\"f charStyle-40b73844 ps6304\">Deterioro</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps587 ss702_1\"><div><div class=\"ps3465 ss492\"><span class=\"f charStyle-40b73844 ps14367\">Altas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3635 ss195_1\"><div><div class=\"ps3465 ss194_1\"><span class=\"f charStyle-40b73844 ps276\">Bajas</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps469 ss134_1\"><div><div class=\"ps3467 ss108\"><span class=\"f charStyle-40b73844 ps1306\">Diferencias </span></div><div class=\"ps3469_1 ss108\"><span class=\"f charStyle-40b73844 ps6308\">cambio</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6312_1 ss703_1\"><div><div class=\"ps3467 ss34\"><span class=\"f charStyle-40b73844 ps6310\">Saldo </span></div><div class=\"ps3469_1 ss34\"><span class=\"f charStyle-40b73844 ps2172\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps427 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-40b73844 ps6313\">COSTE</span></div></div></div></td><td colspan=\"6\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6314_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps11859\">2.944.555</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6315_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps2329\">136.041</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3647_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-ae93a5af ps3408\">(29.520)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6316_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-10d23c65 ps11584\">(45.336)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6318_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps339\">3.005.740</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6320_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps1139\">555</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6322_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps808\">185</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6323_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps1154\">740</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6324_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps3386_1\">2.546</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6325 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-10d23c65 ps808\">274</span></div></div></div></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6326_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps11405\">2.820</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3699 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-40b73844 ps6327_1\">Total Coste </span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6329_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-40b73844 ps6328\">2.947.657</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6331 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-40b73844 ps11060\">0</span></div></div></div></td><td style=\"background-color:#005d55;border-right:2pt solid #FFFFFF;padding:0\"><div class=\"ps6333_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-40b73844 ps1996\">136.500</span></div></div></div></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6334_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-3e9f2643 ps3408\">(29.520)</span></div></div></div></td><td style=\"background-color:#005d55;border-left:2pt solid #FFFFFF;padding:0\"><div class=\"ps6336_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1426\">(45.336)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6338_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-40b73844 ps6337\">3.009.300</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8247 ss705_1\"><div><div class=\"ps6339_1 ss278_1\"><span class=\"f charStyle-40b73844 ps2021\">AMORTIZACI\u00d3N Y DETERIORO </span></div><div class=\"ps6341_1 ss278_1\"><span class=\"f charStyle-40b73844 ps6340\">ACUMULADOS</span></div></div></div></td><td colspan=\"6\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8159 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6344_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps11102\">(1.426.954)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6345 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-10d23c65 ps4666_1\">(150.294)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6346_1 ss211_1\"><div><div class=\"ps10988 ss194_1\"><span class=\"f charStyle-ae93a5af ps3839\">24.967</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6347 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-10d23c65 ps3485\">22.064</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6349_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps6348\">(1.530.217)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps326_1 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6351_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps2790\">(451)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6352_1 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-10d23c65 ps889\">(116)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6353 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps2480\">(567)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9414 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-10d23c65 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6355_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-10d23c65 ps2200\">(2.396)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6356_1 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-10d23c65 ps889\">(386)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6357_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-10d23c65 ps14228\">(2.782)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps9425 ss706_1\"><div><div class=\"ps6359_1 ss278_1\"><span class=\"f charStyle-40b73844 ps6358\">Total Amortizaci\u00f3n y deterioro </span></div><div class=\"ps6361_1 ss278_1\"><span class=\"f charStyle-40b73844 ps6360\">acumulados</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6365_1 ss707_1\"><div><div class=\"ps6364_1 ss376_1\"><span class=\"f charStyle-40b73844 ps6363\">(1.429.802)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6367_1 ss703\"><div><div class=\"ps6364_1 ss92\"><span class=\"f charStyle-40b73844 ps2187\">(150.797)</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6369 ss709_1\"><div><div class=\"ps6364_1 ss492\"><span class=\"f charStyle-40b73844 ps11352\">0</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6370 ss710_1\"><div><div class=\"ps6364_1 ss194_1\"><span class=\"f charStyle-40b73844 ps4682_1\">24.967</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6372 ss711_1\"><div><div class=\"ps6364_1 ss108\"><span class=\"f charStyle-40b73844 ps6371_1\">22.064</span></div></div></div></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6374 ss712_1\"><div><div class=\"ps6364_1 ss34\"><span class=\"f charStyle-40b73844 ps400\">(1.533.566)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6377_1 ss713_1\" style=\"overflow:hidden\"><div><div class=\"ps6376_1 ss194_1\"><span class=\"f charStyle-9f1a0df2\"><span class=\"ps267\"><span style=\"display:inline-block;height:5.82pt;width:22.79pt\"></span></span><span class=\"ps6375\">14.981<span style=\"display:inline-block;height:5.82pt;width:2.66pt\"></span></span></span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1065 ss279_1\"><div><div class=\"ps649 ss278_1\"><span class=\"f charStyle-40b73844 ps4659\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6380_1 ss389_1\"><div><div class=\"ps649 ss376_1\"><span class=\"f charStyle-40b73844 ps6328\">1.517.855</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6381_1 ss674_1\"><div><div class=\"ps649 ss92\"><span class=\"f charStyle-40b73844 ps2187\">(150.797)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6382_1 ss51_1\"><div><div class=\"ps649 ss492\"><span class=\"f charStyle-40b73844 ps1996\">136.500</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6383_1 ss211_1\"><div><div class=\"ps649 ss194_1\"><span class=\"f charStyle-40b73844 ps2596\">(4.553)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6384_1 ss78_1\"><div><div class=\"ps649 ss108\"><span class=\"f charStyle-40b73844 ps1426\">(23.271)</span></div></div></div></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6385_1 ss497_1\"><div><div class=\"ps649 ss34\"><span class=\"f charStyle-40b73844 ps6337\">1.475.734</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps3585 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">En lo referente a los Derechos de uso, en el apartado de Altas se incluyen 2 nuevos contratos de arrendamiento de 2</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6386 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">establecimientos hoteleros situados en territorio nacional que, hasta la fecha, estaban siendo gestionados por la compa\u00f1\u00eda</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps3035 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">bajo un contrato de gesti\u00f3n, y que han supuesto un incremento de 14,4 millones de euros, as\u00ed como 6 nuevos contratos de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps3036 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">arrendamiento de hoteles situados en Espa\u00f1a y un nuevo contrato de un establecimiento situado en el Principado de Andorra</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6387 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">que han supuesto un incremento de 30,8 millones de euros. En ese mismo ep\u00edgrafe, tambi\u00e9n se incluyen las variaciones</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6388_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">causadas por modificaciones en las condiciones de los contratos ya existentes, y por la variaci\u00f3n de rentas sujetas a IPC. Las</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6389_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">altas derivadas de estas modificaciones contractuales afectan a 3 hoteles ubicados en Espa\u00f1a y a 1 hotel ubicado en Francia.</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6390 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:442.38pt\">Las bajas de los\u00a0 Derechos de uso corresponden a 1 hotel ubicado en Espa\u00f1a y a 1 hotel ubicado en Alemania.</span></div><div class=\"ps6391_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El ep\u00edgrafe Amortizaci\u00f3n y deterioro incluye una dotaci\u00f3n neta de deterioro de 5 millones de euros (ver Nota 7.5) como</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6392_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">consecuencia de los resultados del test de deterioro de las unidades generadoras de efectivo en arrendamiento realizado</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">conforme a la metodolog\u00eda descrita en las Nota 3.2 y Nota 3.11. En dicho test, la evoluci\u00f3n de la actividad durante el ejercicio</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">y la expectativa, recogida en el presupuesto aprobado por el \u00f3rgano de administraci\u00f3n del Grupo para 2026 y en las</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6395_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">proyecciones para los a\u00f1os del per\u00edodo del arrendamiento, han conducido a una dotaci\u00f3n neta de deterioro de los activos</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6396_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">asociados a dichas unidades. Asimismo, se ha producido una reversi\u00f3n del deterioro de 1 mill\u00f3n de euros a causa de la baja</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6398_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:250.75pt\">anticipada del contrato de arrendamiento un centro hotelero.</span><span class=\"f charStyle-f47c836a ps6397\" style=\"width:2.71pt\"> </span></div><div class=\"ps6399_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Las tasas de descuento empleadas en dicho test han sido determinadas para cada contrato de arrendamiento partiendo del</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6400_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">coste promedio ponderado del capital (WACC por sus siglas en ingl\u00e9s) por pa\u00eds, ajustado para reflejar el menor coste asociado</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">al pasivo por arrendamientos. En este sentido, para las \u00e1reas geogr\u00e1ficas relevantes a efectos de las UGEs en arrendamiento,</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6402_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.42pt\">el coste promedio ponderado del capital estimado ha sido el 9,1% para Espa\u00f1a y entre el 8,60% y el 9,6% para EMEA y resto del</span><span class=\"f charStyle-f47c836a ps1560\" style=\"width:2.71pt\"> </span></div><div class=\"ps6403_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">mundo, mientras que la tasa de descuento ajustada para reflejar el citado coste del pasivo por arrendamiento para cada</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6404_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:466.11pt\">contrato ha sido de entre el 3,59% y el 7,12% para Espa\u00f1a y entre el 3,10% y el 5,56% para EMEA y resto del mundo.</span></div><div class=\"ps6405_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las diferencias de cambio son debidas a la depreciaci\u00f3n de la libra esterlina y del d\u00f3lar estadounidense respecto al euro, que</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6407_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:460.72pt\">afectan principalmente a cuatro hoteles situados en Reino Unido y a un hotel situado en EE.UU, respectivamente.</span><span class=\"f charStyle-f47c836a ps6406\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.81pt\">A efectos comparativos se detallan los movimientos del ejercicio </span><span class=\"f charStyle-f47c836a ps6408\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6409_1\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6410\" style=\"width:13.55pt\">\u00a0 \u00a0  </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss114_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:131.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:57.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:59.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:63pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss715_1\"><div><div class=\"ps476 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11912 ss312_1\"><div><div class=\"ps568 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps2231_1\">Saldo </span></div><div class=\"ps570 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps6411_1\">31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2486 ss716_1\"><div><div class=\"ps568 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps6413\">Amortizaci\u00f3n </span></div><div class=\"ps570 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps3428\">y Deterioro</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps12445 ss134_1\"><div><div class=\"ps476 ss108\"><span class=\"f charStyle-4ed8e3ec ps14511\">Altas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2177 ss312_1\"><div><div class=\"ps476 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps386\">Traspasos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps788 ss317_1\"><div><div class=\"ps568 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps2196\">Diferencias </span></div><div class=\"ps570 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps6419\">cambio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5812 ss716_1\"><div><div class=\"ps568 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps2268\">Saldo </span></div><div class=\"ps570 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps6421\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps427 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps6422\">COSTE</span></div></div></div></td><td colspan=\"12\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1485 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6423 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6113\">2.774.445</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps12465 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">144.572</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6425_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps720_1\">25.538</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6426_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps2881\">2.944.555</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11099 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6428_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6427\">1.205</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6430_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps6429\">(654)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6432_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps3708\">5</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6434 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps7444\">555</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8239 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11922 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps2908\">25.669</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6438 ss324_1\"><div><div class=\"ps2107_1 ss311_1\"><span class=\"f charStyle-6f9b64c7 ps321\">(23.122)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6439 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14672\">2.546</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps3699 ss717_1\"><div><div class=\"ps2107_1 ss714_1\"><span class=\"f charStyle-cf804784 ps6440\">Total Coste </span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6442_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps6441\">2.801.318</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6444_1 ss686_1\"><div><div class=\"ps2107_1 ss682_1\"><span class=\"f charStyle-cf804784 ps6443\">0</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6446_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps15298\">143.918</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6448_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps14815\">(23.122)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6450 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps6449_1\">25.543</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6452 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps13661\">2.947.657</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:26.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8247 ss718_1\"><div><div class=\"ps5291_1 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps2931\">AMORTIZACI\u00d3N Y DETERIORO </span></div><div class=\"ps5292_1 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps6453\">ACUMULADOS</span></div></div></div></td><td colspan=\"12\" style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps8159 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Construcciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6455_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps1192\">(1.407.759)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6456_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps4378\">(138.786)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6457_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps2191_1\">125.487</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6459_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps2895\">(5.896)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6461_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps1855\">(1.426.954)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps326_1 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Instalaciones y maquinaria</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6462 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6032_1\">(990)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6463_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14365\">(111)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6465_1 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-f47c836a ps14525\">654</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6467_1 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-f47c836a ps6466\">(5)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6468_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14365\">(451)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9414 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-934a7fa2 ps267\">Otro inmovilizado</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6470_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-f47c836a ps6469\">(16.715)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6471_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps14365\">(663)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6473_1 ss324_1\"><div><div class=\"ps2107_1 ss311_1\"><span class=\"f charStyle-6f9b64c7 ps6472\">14.981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6475_1 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-f47c836a ps9511\">(2.396)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:29.25pt\"><td style=\"background-color:#005D55;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps9425 ss719_1\"><div><div class=\"ps6477_1 ss714_1\"><span class=\"f charStyle-cf804784 ps6476\">Total Amortizaci\u00f3n y </span></div><div class=\"ps6479_1 ss714_1\"><span class=\"f charStyle-cf804784 ps6478\">deterioro acumulados</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps15861 ss720_1\"><div><div class=\"ps5104_1 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps1849\">(1.425.464)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6482 ss721_1\"><div><div class=\"ps5104_1 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps5057\">(139.559)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6483_1 ss711_1\"><div><div class=\"ps5104_1 ss108\"><span class=\"f charStyle-4ed8e3ec ps15298\">126.141</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6485_1 ss720_1\"><div><div class=\"ps5104_1 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps2796\">14.981</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6486_1 ss722_1\"><div><div class=\"ps5104_1 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps2233_1\">(5.901)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6488_1 ss721_1\"><div><div class=\"ps5104_1 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps6487\">(1.429.802)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;border-top:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;border-bottom:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1065 ss717_1\"><div><div class=\"ps482 ss714_1\"><span class=\"f charStyle-4ed8e3ec ps14819\">VALOR NETO CONTABLE</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6489_1 ss324_1\"><div><div class=\"ps482 ss311_1\"><span class=\"f charStyle-4ed8e3ec ps6441\">1.375.854</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6490 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps5057\">(139.559)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6491 ss78_1\"><div><div class=\"ps482 ss108\"><span class=\"f charStyle-4ed8e3ec ps15298\">270.060</span></div></div></div></td><td style=\"background-color:#ffffff;border-right:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8E8783;border-bottom:2pt solid #FFFFFF;border-left:2pt solid #FFFFFF;border-right:2pt solid #FFFFFF;border-top:2pt solid #FFFFFF;padding:0\"><div class=\"ps6493 ss324_1\"><div><div class=\"ps2107_1 ss311_1\"><span class=\"f charStyle-cf804784 ps14452\">(8.141)</span></div></div></div></td><td style=\"background-color:#ffffff;border-left:2pt solid #FFFFFF;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6494 ss327_1\"><div><div class=\"ps482 ss316_1\"><span class=\"f charStyle-4ed8e3ec ps6449_1\">19.642</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6495 ss686_1\"><div><div class=\"ps482 ss682_1\"><span class=\"f charStyle-4ed8e3ec ps13661\">1.517.855</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6496 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">En lo referente a los Derechos de uso, en el apartado de Altas se incluyeron 32,2 millones de euros por variaciones causadas</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6497 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">por modificaciones en las condiciones de los contratos ya existentes, 188,7 millones de euros por la integraci\u00f3n de la sociedad</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6498 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Melcom Joint Venture, S.L. y sus filiales (ver Nota 5.2), 20,2 millones de euros por el alta de un nuevo centro en Espa\u00f1a y 28,8</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6499_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">millones de euros por la variaci\u00f3n de rentas sujetas a IPC y otros hechos contingentes. Las altas derivadas de modificaciones</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6500_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">contractuales se refirieron, principalmente, a extensiones del vencimiento de contratos de arrendamiento que afectaron a</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6501_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:423.27pt\">cuatro hoteles ubicados en Espa\u00f1a, a un hotel ubicado en Francia y a tres hoteles ubicados en Alemania.</span></div><div class=\"ps6502 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En el ep\u00edgrafe de traspasos se incluy\u00f3 el traspaso de 8,1 millones de euros de valor neto contable al ep\u00edgrafe inmovilizado</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6503_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:375.37pt\">material del Balance consolidado debido al ejercicio de una opci\u00f3n de compra (ver Nota 10).</span></div><div class=\"ps6504_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">El ep\u00edgrafe Amortizaci\u00f3n y deterioro 2024 incluy\u00f3 una reversi\u00f3n neta de deterioro de 7,7 millones de euros (ver Nota 7.5) como</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6505_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:505.13pt\">consecuencia de los resultados arrojados por el test de deterioro de las unidades generadoras de efectivo en arrendamiento.</span></div><div class=\"ps6506_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las diferencias de cambio se debieron a la apreciaci\u00f3n de la libra esterlina y del d\u00f3lar estadounidense respecto al euro, que</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6508_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:464.94pt\">afectaron positivamente a cuatro hoteles situados en Reino Unido y a un hotel situado en EE.UU, respectivamente.</span><span class=\"f charStyle-f47c836a ps9762\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6510_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:20.91pt\">17.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6509\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:0.35pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:130.7pt\">Pasivos por arrendamientos</span></div><div class=\"ps6511_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Se desglosan a continuaci\u00f3n los pagos fijos por arrendamiento (no descontados) a los que la Compa\u00f1\u00eda prev\u00e9 tener que hacer </span></div><div class=\"ps6512_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">frente en los pr\u00f3ximos a\u00f1os:\u00a0 </span></div><div class=\"ps6527_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Menos de 1 a\u00f1o</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">193.862</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">188.448</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Entre 1 y 5 a\u00f1os</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">653.274</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">680.284</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">M\u00e1s de 5 a\u00f1os</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6520\">1.519.014</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6520\">1.581.932</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps12469 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6525_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">2.366.150</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6526_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">2.450.664</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6528_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Estos pasivos incluyen contratos de arrendamiento suscritos con entidades asociadas y negocios conjuntos por importe de 59,2</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6529_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:336.66pt\">millones de euros (ver Nota 20), que en 2024 ascendieron a 69,8 millones de euros.</span></div><div class=\"ps6530_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.41pt\">El periodo medio de los contratos de arrendamiento es de 8,85 a\u00f1os. En el caso de hoteles 10,71 a\u00f1os y 2,67 a\u00f1os para otros</span><span class=\"f charStyle-f47c836a ps1959_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6533_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:161.95pt\">contratos de alquiler. Para el ejercicio </span><span class=\"f charStyle-f47c836a ps6531\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6532\" style=\"width:334.75pt\"> el periodo medio fue de 9,06 a\u00f1os, en el caso de los hoteles fue de 11,03 a\u00f1os y</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6534_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:198.56pt\">para los otros contratos de alquiler de 2,57 a\u00f1os.</span></div><div class=\"ps6535_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">En el importe reflejado anteriormente se incluyen 12,7 millones de euros de pagos referentes a contratos de alquiler que no</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6539_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:67.99pt\">son de hotel. En </span><span class=\"f charStyle-f47c836a ps6536\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps15888\" style=\"width:186.77pt\"> el importe ascendi\u00f3 a 13,6 millones de euros.</span><span class=\"f charStyle-f47c836a ps6538\" style=\"width:2.71pt\"> </span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:258.99pt\">La evoluci\u00f3n del pasivo por arrendamientos ha sido la siguiente:</span><span class=\"f charStyle-f47c836a ps6540\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps2268 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6541\">SALDO INICIAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.463.933</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.449.453</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps3516 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Gasto por intereses</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6543_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">39.946</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6544 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">38.454</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps667_1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Pagos fijos alquiler</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6546 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6545_1\">(192.066)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6547 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6545_1\">(192.974)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps12469 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros incrementos/disminuciones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6525_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">110.472</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6526_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6516\">169.000</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps5066 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6548_1\">SALDO FINAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6549 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.422.285</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6550 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6524\">1.463.933</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6551_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">En el ep\u00edgrafe pagos fijos alquiler se incluyen los pagos comprometidos en los contratos de arrendamiento para realizar</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6552_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">mejoras en el activo por parte del arrendatario, tal y como se indica en la Nota 3.11. En el ejercicio 2025, el Grupo no ha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6553_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:412.51pt\">realizado ning\u00fan desembolso por este concepto. En 2024, el desembolso fue de 5,1 millones de euros.</span></div><div class=\"ps6554_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">La variaci\u00f3n en los pagos fijos tambi\u00e9n est\u00e1 impactada por la variaci\u00f3n de rentas referenciadas a IPC o \u00edndice similar, adem\u00e1s,</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6555_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">se han producido renegociaciones que han afectado al pago de rentas, as\u00ed como el alta de 9 nuevos contratos de</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6556_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:463.97pt\">arrendamiento, efecto que se ha visto reducido, a su vez, por la baja anticipada de 2 contratos de arrendamiento.</span></div><div class=\"ps6557_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Los incrementos y disminuciones incluyen modificaciones contractuales que han incrementado el valor del pasivo en 63,5</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6558_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">millones de euros. Adem\u00e1s, se ha producido el alta de nueve nuevos contratos de alquiler por 45,1 millones de euros y la baja</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps6559_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">anticipada de 2 contratos de arrendamiento, lo que ha supuesto una reducci\u00f3n del valor del pasivo en 6 millones de euros. La</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6560_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">variaci\u00f3n de las rentas derivada de hechos contingentes ha incrementado el valor del pasivo en 28 millones de euros, mientras</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6561_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:465.26pt\">que la depreciaci\u00f3n de la libra esterlina y la depreciaci\u00f3n del d\u00f3lar ha reducido su valor en 20,1 millones de euros.</span></div><div class=\"ps6562_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Otros pagos no incluidos en pasivos por arrendamientos </span></div><div class=\"ps6564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.39pt\">Las exenciones de bajo valor y corto plazo a las que se ha acogido la Compa\u00f1\u00eda se refieren a activos no hoteleros. Se indican a</span><span class=\"f charStyle-f47c836a ps6563\" style=\"width:2.71pt\"> </span></div><div class=\"ps6565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">continuaci\u00f3n los importes referidos a este tipo de contratos, as\u00ed como el gasto relativo a pagos de arrendamiento variable no</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:236.94pt\">incluidos en la medici\u00f3n de los pasivos por arrendamiento:</span></div><div class=\"ps6569_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6513\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Alquiler variable</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">53.392</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">39.149</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Alquiler corto plazo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.431</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.395</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Aqluiler bajo valor</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">3.726</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">3.821</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps12469 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps6525_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6568\">61.549</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6526_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6568\">47.364</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Dentro del Alquiler variable se incluye la parte del pago de renta que depende de \u00edndices o tasas basados en el rendimiento</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6571_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">generado por los hoteles. Tambi\u00e9n se incluye el excedente sobre el importe m\u00e1ximo de d\u00e9ficit que el arrendatario se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6572_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">compromete a asumir en el contrato de arrendamiento, siendo dicho d\u00e9ficit la diferencia entre renta variable y renta m\u00ednima</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6574_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.49pt\">garantizada.</span><span class=\"f charStyle-f47c836a ps6573\" style=\"width:2.71pt\"> </span></div><div class=\"ps6575_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">Los pagos variables por arrendamiento de hotel constituyen el 22% de la totalidad de los pagos de arrendamiento de hotel del</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6576_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Grupo. Los pagos variables dependen de las ventas y, en consecuencia, de la evoluci\u00f3n econ\u00f3mica general de los pr\u00f3ximos</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6577_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:21.39pt\">a\u00f1os.</span></div><div class=\"ps6578_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El Grupo tiene firmado un contrato de arrendamiento de un hotel situado en Per\u00fa por un plazo de 20 a\u00f1os, de renta variable,</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6579_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:203.11pt\">cuya fecha de apertura es el 01 de enero de 2026.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-559": {
   "value": "<div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 18.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps6581\"><span style=\"display:inline-block;height:11.34pt;width:8.79pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Acreedores Comerciales y Otras Cuentas a Pagar</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A continuaci\u00f3n, se muestra cuadro con el desglose de este ep\u00edgrafe a cierre de los ejercicios </span><span class=\"f charStyle-f47c836a ps5718\">2025</span><span class=\"f charStyle-f47c836a ps5719\"> y </span><span class=\"f charStyle-f47c836a ps5720\">2024</span><span class=\"f charStyle-f47c836a ps5721\">:</span></div><div class=\"ps6591_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6582\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6582\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Acreedores comerciales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6584 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">361.276</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14496 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">334.727</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Otras cuentas a pagar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6586 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">162.152</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6587 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">138.655</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps667_1 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6590_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">523.428</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4612_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">473.383</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6593_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">18.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6592\"><span style=\"display:inline-block;height:6.8pt;width:0.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\">Acreedores comerciales</span></div><div class=\"ps6594_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">El saldo de acreedores comerciales incluye las deudas con proveedores de mercanc\u00edas, suministros y otros servicios pendientes</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6595_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">de pago y/o de recepci\u00f3n de las correspondientes facturas a cierre de ejercicio por un importe de 259,5 millones de euros. A</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6596_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.49pt\">cierre del ejercicio anterior, este importe ascend\u00eda a 243,5 millones de euros.</span></div><div class=\"ps6597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Asimismo, se incluyen en este ep\u00edgrafe, principalmente, anticipos de clientes del negocio hotelero, que, a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:249.8pt\"> ascienden a 101,7 millones de euros. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6598\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6599\" style=\"width:228.11pt\"> los anticipos a clientes ascendieron a 91,2 millones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6602_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.06pt\">euros.</span><span class=\"f charStyle-f47c836a ps6601\" style=\"width:2.71pt\"> </span></div><div class=\"ps6604_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.01pt\">18.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6603\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.99pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:100.03pt\">Otras cuentas a pagar</span></div><div class=\"ps6606_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:417.72pt\">A\u00a0 continuaci\u00f3n, se detallan los principales conceptos recogidos en la r\u00fabrica de Otras cuentas a pagar:</span><span class=\"f charStyle-f47c836a ps6605\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6621 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:258.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:125.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6514_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6607\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6515_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6607\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por periodificaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6517_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3070 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">1.017</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-8b2dbd07 ps267\">Ingresos diferidos club vacacional</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6518_1 ss724_1\"><div><div class=\"ps2107_1 ss723_1\"><span class=\"f charStyle-9b89ba1f ps6608_1\">40.841</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6519_1 ss724_1\"><div><div class=\"ps2107_1 ss723_1\"><span class=\"f charStyle-6f9b64c7 ps7313\">1.318</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Remuneraciones pendientes de pago</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6521_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">73.359</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6522_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">77.023</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Hacienda P\u00fablica acreedora</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6610_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">25.481</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6611_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">41.304</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Seguridad Social acreedora</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6612_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">12.039</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6613_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6542\">10.849</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Entidades asociadas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6614_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">5.299</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6615 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">4.626</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-f47c836a ps267\">Otros pasivos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6616_1 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.775</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6617 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-f47c836a ps6567\">2.519</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8E8783;padding:0\"><div class=\"ps1280 ss582_1\"><div><div class=\"ps482 ss575_1\"><span class=\"f charStyle-4ed8e3ec ps6523\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6619 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6618_1\">162.152</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6620 ss724_1\"><div><div class=\"ps482 ss723_1\"><span class=\"f charStyle-4ed8e3ec ps6618_1\">138.655</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6622 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Estos saldos hacen referencia a operaciones comerciales llevadas a cabo por el Grupo. La deuda con entidades asociadas y</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps6623 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:354.34pt\">negocios conjuntos se detalla en el apartado de operaciones comerciales de la Nota 20.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-560": {
   "value": "<div class=\"ps6597_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Asimismo, se incluyen en este ep\u00edgrafe, principalmente, anticipos de clientes del negocio hotelero, que, a cierre de ejercicio</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6600_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps8620\" style=\"width:249.8pt\"> ascienden a 101,7 millones de euros. A cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6598\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6599\" style=\"width:228.11pt\"> los anticipos a clientes ascendieron a 91,2 millones de</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.06pt\">euros.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepositsFromCustomersExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-561": {
   "value": "<span class=\"f charStyle-25f88cd7 ps6624_1\">Nota 19.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps15149\"><span style=\"display:inline-block;height:11.34pt;width:5.42pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Situaci\u00f3n Fiscal</span><div class=\"ps6627_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las sociedades integradas en el Grupo est\u00e1n sujetas a la legislaci\u00f3n fiscal de los distintos pa\u00edses en los que desarrollan su</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6628_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">actividad. La normativa fiscal vigente en algunos de estos pa\u00edses no es homog\u00e9nea con la espa\u00f1ola. Como consecuencia de lo</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6629_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">anterior, la informaci\u00f3n facilitada en la presente nota debe interpretarse atendiendo a las singularidades que presentan las</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">legislaciones fiscales en la tributaci\u00f3n por el beneficio de las personas jur\u00eddicas, en lo relativo a la base tributaria, a los tipos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:171.92pt\">impositivos y a las deducciones aplicables.</span></div><div class=\"ps2213 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-bc759fd4 ps12591\" style=\"width:47.23pt\">\u201cPilar Dos\u201d</span></div><div class=\"ps6632_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">Los presentes estados financieros incorporan el impacto derivado de la aplicaci\u00f3n de la Ley 7/2024, de 20 de diciembre, que</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6633_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">transpone la Directiva (UE) 2022/2523 e introduce, entre otras medidas, el Impuesto Complementario publicado el 21 de</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps2216_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:77.82pt\">diciembre de 2024.</span><span class=\"f charStyle-f47c836a ps6634_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1565_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">La sociedad matriz del Grupo Meli\u00e1 debe liquidar en Espa\u00f1a un Impuesto Complementario sobre los beneficios obtenidos por</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1566_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">sus filiales en jurisdicciones donde la tributaci\u00f3n efectiva sea inferior al 15%, calculado de forma agregada por pa\u00edses. Desde</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2218_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.47pt\">2024 hasta 2026 se prev\u00e9 la posibilidad de aplicar los denominados puertos seguros transitorios en los que el Impuesto</span><span class=\"f charStyle-f47c836a ps1145_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6636_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:487.31pt\">Complementario no resulta exigible si se superan determinados test (de minimis, tipo efectivo simplificado o sustancia).</span><span class=\"f charStyle-f47c836a ps11981\" style=\"width:2.71pt\"> </span></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Tras el an\u00e1lisis de la posici\u00f3n fiscal del Grupo, se ha concluido que se derivar\u00e1 tributaci\u00f3n adicional por Impuesto</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Complementario en los ejercicios 2024 y 2025. De acuerdo con dicho an\u00e1lisis, ninguna de las jurisdicciones en las que opera el</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Grupo, excepto en Brasil y la sociedad Sol Caribe Tours, SA que efect\u00faa su negocio en Cuba, genera cuota adicional por este</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">concepto. En relaci\u00f3n con la citada jurisdicci\u00f3n, la tributaci\u00f3n adicional estimada por Impuesto Complementario asciende a</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:350.18pt\">1,3 millones de euros, de los cuales 1,2 millones euros corresponden al ejercicio 2025.</span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, algunas jurisdicciones en las que opera el Grupo han implementado normas alineadas con el Pilar Dos de la OCDE,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">estableciendo un impuesto m\u00ednimo dom\u00e9stico que corrige el d\u00e9ficit de tributaci\u00f3n hasta alcanzar el umbral del 15%, en sede</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:100.98pt\">de la propia jurisdicci\u00f3n.</span></div><div class=\"ps2538_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Por \u00faltimo, el Grupo se ha acogido a la excepci\u00f3n de reconocimiento de activos y pasivos por impuestos diferidos derivada de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2539_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">la aplicaci\u00f3n del Pilar Dos, conforme a la disposici\u00f3n final d\u00e9cima de la Ley 7/2024 que modifica el Real Decreto 1514/2007,</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6644_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:307.83pt\">de 16 de noviembre, por el que se aprueba el Plan General de Contabilidad.</span></div><div class=\"ps6645_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:20.53pt\">19.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6198_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:0.73pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:123.31pt\">A\u00f1os abiertos a inspecci\u00f3n</span></div><div class=\"ps1161 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">Seg\u00fan las disposiciones legales vigentes las liquidaciones de impuestos no pueden considerarse definitivas hasta que no hayan</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">sido inspeccionadas por las autoridades fiscales o haya transcurrido el plazo de prescripci\u00f3n legal, que puede prorrogarse</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.46pt\">mediante diligencia administrativa.</span></div><div class=\"ps1166 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">A\u00a0 este respecto, los ejercicios abiertos a inspecci\u00f3n en los diferentes pa\u00edses donde el Grupo tiene una presencia relevante son </span></div><div class=\"ps1168 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">los siguientes: </span></div><div class=\"ps6687 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss728_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:135pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:60pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3061 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6279\">Impto. sobre </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6647_1\">las ganancias</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6649_1 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps6648\">I.R.P.F.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6650 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps9488\">I.V.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps8447 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps6304\">I.G.I.C.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps469 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps14378\">I.R.A.P.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2229 ss727_1\"><div><div class=\"ps476 ss43\"><span class=\"f charStyle-4ed8e3ec ps6652\">PIS/COFINS</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps427 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6654 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2021-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6655 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2022-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6656_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2022-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6657_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2022-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8139 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6658_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2022-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6659_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2023-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6660_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2023-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3818 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Inglaterra</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6661_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6662_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6663_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1110 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6664_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6665_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6666_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2020-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6667_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3529 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6668_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2015-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6669_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2016-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6670 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2016-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps14894 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3103 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6671_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6672_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2522 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">China</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6673_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6674_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6675_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps65_1 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6676_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2022-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps292 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6677_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6678_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8419 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Rep.Dominicana</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6679_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2022-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6680_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3579 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6681_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2019-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6682_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6683_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4060 ss251_1\"><div><div class=\"ps482 ss122\"><span class=\"f charStyle-f47c836a ps267\">Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6684_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-f47c836a ps1213\">2020-2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6685_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6686_1 ss80_1\"><div><div class=\"ps482 ss43\"><span class=\"f charStyle-f47c836a ps1807\">2021-2025</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6689 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-bb6337bd ps12591\">Sentencia Tribunal Constitucional sobre el Real Decreto Ley 3/2016</span></div><div class=\"ps6690_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">El 18 de enero de 2024, el Pleno del Tribunal Constitucional declar\u00f3 la inconstitucionalidad de determinadas medidas</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6691 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">introducidas por el Real Decreto-ley 3/2016, de 2 de diciembre, en el Impuesto sobre Sociedades. Entre otros, dicho RD-ley</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6692_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">establec\u00eda mayores restricciones en la compensaci\u00f3n de bases imponibles negativas (BINS) de ejercicios previos; la obligaci\u00f3n</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6693 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de integrar una reversi\u00f3n m\u00ednima anual en los ejercicios 2016-2020 de los deterioros de valor de las participaciones con</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6694 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">independencia de la evoluci\u00f3n de los fondos propios y resultados de la entidad participada; el establecimiento de mayores</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps6695_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">limitaciones en la aplicaci\u00f3n de las deducciones para evitar la doble imposici\u00f3n; y, una restricci\u00f3n a la deducibilidad de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6696 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:316.29pt\">determinadas rentas negativas derivadas de la transmisi\u00f3n de participaciones.</span></div><div class=\"ps6697 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">En el ejercicio 2025, el Grupo ha recibido la Resoluci\u00f3n del Tribunal Econ\u00f3mico-Administrativo Central (TEAC) de fecha 22 de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6698_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">abril de 2025, posteriormente ejecutada por la Agencia Estatal de Administraci\u00f3n Tributaria (AEAT), en la que se aplican los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6699_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">efectos derivados de la citada Sentencia. Dicha ejecuci\u00f3n ha supuesto la rectificaci\u00f3n de las autoliquidaciones consolidadas</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6700 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:510.05pt\">del Impuesto sobre Sociedades del Grupo de Consolidaci\u00f3n Fiscal (modelos 220) correspondientes a los ejercicios 2017 a 2019.</span></div><div class=\"ps6701_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Como consecuencia de lo anterior, se ha producido la liberaci\u00f3n de cr\u00e9ditos fiscales y una mayor utilizaci\u00f3n de bases</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6702_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">imponibles negativas con impacto en su reconocimiento y aplicaci\u00f3n en periodos futuros. Asimismo, se ha generado</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6703_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:289.49pt\">adicionalmente la devoluci\u00f3n de cuotas del Impuesto sobre Sociedades.</span></div><div class=\"ps6704_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En t\u00e9rminos cuantitativos, para el Grupo ha supuesto la devoluci\u00f3n de cuotas ingresadas en exceso por importe de 6,5 millones</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6705_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">de euros, la utilizaci\u00f3n de bases imponibles negativas por importe de 19 millones de euros y el reintegro de cr\u00e9ditos por</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps6706_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:136.56pt\">importe de 4,3 millones de euros.</span></div></div><div class=\"ps7027_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.21pt\">19.8.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7026\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.79pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:315.44pt\">Estado de principales inspecciones y litigios de naturaleza tributaria</span></div><div class=\"ps7030_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:165.73pt\">El principal procedimiento de naturaleza</span><span class=\"f charStyle-2dc94b68 ps7028\" style=\"width:7.64pt\">\u00a0 </span><span class=\"f charStyle-f47c836a ps7029\" style=\"width:342.12pt\">tributaria susceptible de generar un impacto negativo en el Grupo corresponde a un</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7031_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">litigio en M\u00e9xico relacionado con actas emitidas por la autoridad fiscal respecto al Impuesto sobre la Renta del ejercicio 2012,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7032_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">que afectan a Corporaci\u00f3n Hotelera Hispano Mexicana S.A. de C.V. Dicho procedimiento se centra en la suficiencia de la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7033_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">prueba documental presentada para acreditar y aplicar determinadas p\u00e9rdidas fiscales. El importe en disputa asciende a 850</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7034 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:495.38pt\">millones de pesos mexicanos (40 millones de euros), de los cuales el Grupo estima como probables 22,7 millones de euros.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El Grupo mantiene una provisi\u00f3n por riesgos y litigios fiscales que cubre de manera suficiente la posible contingencia derivada</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de este procedimiento. Asimismo, el Grupo considera que las posibles obligaciones derivadas de inspecciones y litigios en curso</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:131.87pt\">est\u00e1n adecuadamente cubiertas.</span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">No obstante, como consecuencia, entre otras, de las diferentes posibles interpretaciones de la legislaci\u00f3n vigente, podr\u00edan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">surgir pasivos adicionales como resultado de una inspecci\u00f3n. En este sentido, el Grupo, eval\u00faa los tratamientos fiscales</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">inciertos y reconoce el efecto de la incertidumbre sobre la ganancia (p\u00e9rdida) fiscal, las bases fiscales, las p\u00e9rdidas o cr\u00e9ditos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">fiscales no utilizados y los tipos impositivos aplicables. Como resultado, el Grupo mantiene registrado un importe de 24,2</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.49pt\">millones de euros en Otros pasivos por impuesto diferido (20,5 millones de euros en 2024).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-562": {
   "value": "<div><div class=\"ps6713_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.76pt\">19.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps1986_1\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.24pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:190.96pt\">Activos y pasivos por impuestos diferidos</span></div><div class=\"ps6718_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">La composici\u00f3n del saldo de activos y pasivos por impuestos diferidos del Grupo en los ejercicios </span><span class=\"f charStyle-f47c836a ps6714_1\">2025</span><span class=\"f charStyle-f47c836a ps6715\"> y </span><span class=\"f charStyle-f47c836a ps6716\">2024</span><span class=\"f charStyle-f47c836a ps6717\"> es la siguiente: </span></div><div class=\"ps6773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:348.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss730_1\"><div><div class=\"ps2226 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss731_1\"><div><div class=\"ps482 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps6719\">Balance</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6720_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps6647\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6721_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps6647\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3516 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-bc759fd4 ps267\">El activo no corriente por impuesto diferido es el siguiente:</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps667_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Cr\u00e9ditos fiscales activados por deducciones pendientes de aplicar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6722_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.311</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6724 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">385</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps12469 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Cr\u00e9ditos fiscales activados por bases imponibles pendientes de compensar</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6725 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">85.485</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6726_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">80.808</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6862 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-bc759fd4 ps276\">Diferencias temporarias por:</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3699 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Valor fiscal fondo de comercio Tryp</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6727_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.962</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6728_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.353</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"padding:0\"><div class=\"ps436 ss733_1\"><div><div class=\"ps2435_1 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Aplicaci\u00f3n de la contabilidad de coberturas sobre SWAPs de tipos de inter\u00e9s </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6729 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps6723\">573</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6730 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps6723\">859</span></div></div></div></td></tr><tr style=\"height:30pt\"><td style=\"padding:0\"><div class=\"ps4052 ss734_1\"><div><div class=\"ps5885_1 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Provisiones que son fiscalmente deducibles en el momento del pago o en el que </span></div><div class=\"ps5887_1 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">se genere la responsabilidad</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6732 ss574\"><div><div class=\"ps2481_1 ss53\"><span class=\"f charStyle-f47c836a ps3073\">51.957</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6733 ss574\"><div><div class=\"ps2481_1 ss53\"><span class=\"f charStyle-f47c836a ps3073\">63.431</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1537 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Diferencia criterio de amortizaci\u00f3n contable y fiscal</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6734_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">8.467</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6735_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.889</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4848 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Eliminaci\u00f3n resultados intergrupo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6736_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">551</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6737_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.753</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10873 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Gastos financieros no deducidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6738_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.849</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6739_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">11.530</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4783 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Ingresos contables (no fiscales) a distribuir en varios ejercicios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6740_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">33.943</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6741_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">57.992</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps10886 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Arrendamientos - NIIF16</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6742_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">44.260</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6743_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">48.595</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6238 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Otros </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6744_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">17.522</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6745_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">17.979</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7707 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps6746\">TOTAL ACTIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6748_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">259.880</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6749_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">296.574</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7712 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-bc759fd4 ps267\">El pasivo no corriente por impuestos diferidos es el siguiente:</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps144_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Valores razonables en combinaciones de negocios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6750_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">19.865</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6751_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">21.424</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6339 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Operaciones de Arrendamiento Financiero (Leasings)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6752_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">9.518</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6753_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.105</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8735 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Revalorizaci\u00f3n y actualizaci\u00f3n de activos fijos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6754_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">74.243</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6755_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">60.244</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps168_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Ajuste a valor razonable de inversiones inmobiliarias</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6756_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">29.869</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6757_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">29.869</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps172 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Diferencias valor contable y fiscal de activos </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6758_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.486</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6759_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">14.059</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps182 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Aplicaci\u00f3n de la contabilidad de coberturas sobre SWAPs de tipos de inter\u00e9s </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6760_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">173</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps189_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Ventas acogidas a diferimiento por reinversi\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6761_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">2.341</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6762_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">3.173</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15734 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Gastos contables (no fiscales) a distribuir en varios ejercicios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6763_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">4.924</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6764 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">6.154</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps206_1 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Arrendamientos - NIIF16</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6765_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">30.120</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6766 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">29.578</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1660 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-f47c836a ps276\">Otros</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6767_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">34.435</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps6768_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">38.140</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2876 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps6769\">TOTAL PASIVO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6771_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">211.974</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6772_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps3172_1\">212.746</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6774_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los impuestos diferidos netos relativos a la NIIF16 se corresponden con 309.287 miles de euros de activo por impuesto diferido </span></div><div class=\"ps6775_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">y 295.147 miles de euros de pasivo por impuesto diferido.</span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Los impuestos diferidos registrados en los ejercicios </span><span class=\"f charStyle-f47c836a ps6776\">2025</span><span class=\"f charStyle-f47c836a ps6777\"> y </span><span class=\"f charStyle-f47c836a ps6778_1\">2024</span><span class=\"f charStyle-f47c836a ps6779_1\"> del Grupo presentan el siguiente detalle: </span></div><div class=\"ps6804_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss111_1\"><div><div class=\"ps476 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss736_1\"><div><div class=\"ps5338_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11518\">Activos por </span></div><div class=\"ps5339_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11089\">impuestos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4593_1 ss736_1\"><div><div class=\"ps5338_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps1037\">Pasivos por </span></div><div class=\"ps5339_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11089\">impuestos diferidos</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8399 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6783_1\">SALDO A 31/12/2023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2055_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">289.886</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6784 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">167.930</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps600 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos / Ingresos del periodo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6786 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(3.898)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6788_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">10.805</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11232 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de conversi\u00f3n y otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6789_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">10.586</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6791_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">5.911</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps9286 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6783_1\">SALDO A 31/12/2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6792 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">296.574</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6793_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">212.746</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2632 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Gastos / Ingresos del periodo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2091_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(18.860)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps15294 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.060</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3598_1 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Variaciones de per\u00edmetro</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6797_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6796\">6</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6798_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">7.395</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14180 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de conversi\u00f3n y otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6799_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(17.840)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6800_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(11.227)</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14185 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6783_1\">SALDO A 31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6802 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">259.880</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6803 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">211.974</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6251_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Para el c\u00e1lculo de los activos y pasivos por impuestos diferidos se tienen en cuenta las modificaciones futuras de la tasa</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps6252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:211.68pt\">impositiva aprobadas en todas las \u00e1reas geogr\u00e1ficas.</span><span class=\"f charStyle-f47c836a ps6805\" style=\"width:2.71pt\"> </span></div><div class=\"ps6807_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6806\"><span style=\"display:inline-block;height:6.8pt;width:14.25pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Gastos financieros de ejercicios anteriores</span></div><div class=\"ps6808_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">El Grupo tiene gasto financiero de ejercicios anteriores pendiente de aplicar, todo el importe le corresponde a las entidades</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6809_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">sujetas a tributaci\u00f3n en Espa\u00f1a, a inicio del ejercicio el importe ascend\u00eda a 61,4 millones de euros, de los cuales 46,1 millones</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps6810_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">de euros ten\u00edan reconocido su correspondiente impuesto diferido de activo y los restantes 15,3 millones de euros no lo ten\u00edan</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6811_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:47.53pt\">reconocido.</span></div><div class=\"ps6812_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Al cierre del ejercicio, las entidades sujetas a tributaci\u00f3n en Espa\u00f1a han utilizado 7,1 millones de euros, de los cuales 1,1</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6813_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:480.44pt\">millones de euros no ten\u00edan reconocido un impuesto diferido de activo, y los restantes 6 millones de euros si lo ten\u00edan.</span></div><div class=\"ps6815_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.4.</span><span class=\"f charStyle-aa796863\"><span class=\"ps12958\"><span style=\"display:inline-block;height:6.8pt;width:14.03pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Cr\u00e9ditos fiscales por Bases Imponibles</span></div><div class=\"ps6816_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">A continuaci\u00f3n, se relacionan las bases imponibles negativas disponibles, fiscalmente compensables, de las sociedades</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5328_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:290.33pt\">integrantes del Grupo, detalladas por \u00e1reas geogr\u00e1ficas y vencimientos:</span><span class=\"f charStyle-f47c836a ps6817\" style=\"width:2.71pt\"> </span></div><div class=\"ps6835 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss738_1\"><div><div class=\"ps476 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2027-2031</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2032-2038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6820\">No prescriben</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8399 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6821_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">362.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6822_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">362.500</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps8139 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Resto Europa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6823 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">266.117</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6824 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">266.117</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps430 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Am\u00e9rica y resto del mundo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6825_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">361</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6826_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">7.678</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6827_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">19.061</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6828_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">37.372</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6829_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">64.472</span></div></div></div></td></tr><tr style=\"height:6.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1386 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6830_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">361</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6831_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14672\">7.678</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6832_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5825\">19.061</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6833_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">665.989</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6834_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">693.089</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6838 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:5.51pt\">D</span><span class=\"f charStyle-f47c836a ps6837_1\" style=\"width:510.05pt\">entro del \u00e1rea resto Europa destacan Reino Unido con 180,6 millones,\u00a0 Francia con 35,3 millones, Alemania con 25,2</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps6839 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">millones, Italia con 14,7 millones, Austria con 9 millones y Pa\u00edses Bajos\u00a0 con 1,2\u00a0 millones, y dentro del \u00e1rea Am\u00e9rica y resto</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6840 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">del mundo, lo m\u00e1s destacado es Brasil con 37,4 millones, M\u00e9xico con 19,1 millones, Vietnam con 3,8 millones, Per\u00fa con 3,2</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps6841_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:353.86pt\">millones, Indonesia con 0,6 millones y Rep\u00fablica Dominicana con 0,4 millones de euros.</span></div><div class=\"ps6842_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">A continuaci\u00f3n, se detallan las principales p\u00e9rdidas fiscales activadas del Grupo, as\u00ed como el activo por impuesto diferido</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6843_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:40.56pt\">generado:</span><span class=\"f charStyle-f47c836a ps5973_1\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6864_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss740_1\"><div><div class=\"ps5335_1 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss742_1\"><div><div class=\"ps482 ss741_1\"><span class=\"f charStyle-4ed8e3ec ps6844\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6584 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6845\">P\u00e9rdidas fiscales </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6846\">activadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14496 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps2233_1\">Activo por impuesto </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps10939\">diferido</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2495 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6849_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">271.907</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6850_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">67.977</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps3818 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2062_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">20.864</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6851_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">5.216</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps1497 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6852 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">19.133</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps15262 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.016</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2509 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6854_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">17.317</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14660 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.634</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps14598 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6856_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">14.719</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6857_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.533</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2632 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2091_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.682</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps15294 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">920</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"><div class=\"ps2522 ss743_1\"><div><div class=\"ps6848_1 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pa\u00edses Bajos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6859_1 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14677 ss744_1\"><div><div class=\"ps6848_1 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">189</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11469 ss745_1\"><div><div class=\"ps958 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6861_1 ss746_1\"><div><div class=\"ps958 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">348.409</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6863_1 ss746_1\"><div><div class=\"ps958 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">85.485</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">A efectos comparativos, se presentan a continuaci\u00f3n las bases imponibles negativas fiscalmente compensables por \u00e1reas</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:201.92pt\">geogr\u00e1ficas y vencimientos, a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6866\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6867\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6868\" style=\"width:8.13pt\">\u00a0  </span></div><div class=\"ps3110 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:11.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss747_1\"><div><div class=\"ps6869_1 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2026-2030</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2031-2037</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss748_1\"><div><div class=\"ps6869_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6820\">No prescriben</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss748_1\"><div><div class=\"ps6870_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps6871_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3714 ss749_1\"><div><div class=\"ps1072_1 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6872_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">455.761</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6873_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">455.761</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6874_1 ss749_1\"><div><div class=\"ps1072_1 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Resto Europa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6875_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">233.249</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6876_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2186_1\">233.249</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11292 ss749_1\"><div><div class=\"ps1072_1 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Am\u00e9rica y resto del mundo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6877_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">90</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6878_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">4.266</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6879_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">4.800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6880_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">27.939</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6881_1 ss750_1\"><div><div class=\"ps1072_1 ss130_1\"><span class=\"f charStyle-f47c836a ps589\">37.095</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11455 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6883_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1946\">90</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6884_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14672\">4.266</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6885_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14672\">4.800</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6886_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">716.949</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6887 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2449\">726.105</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6888_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">Las principales p\u00e9rdidas fiscales activadas del Grupo, as\u00ed como el activo por impuesto diferido referentes al ejercicio anterior, </span></div><div class=\"ps6889 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">se detallan a continuaci\u00f3n:\u00a0  </span></div><div class=\"ps6908_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss740_1\"><div><div class=\"ps5335_1 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss742_1\"><div><div class=\"ps482 ss741_1\"><span class=\"f charStyle-4ed8e3ec ps6844\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6584 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6845\">P\u00e9rdidas fiscales </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6846\">activadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14496 ss736_1\"><div><div class=\"ps568 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps2233_1\">Activo por impuesto </span></div><div class=\"ps570 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps10939\">diferido</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps2495 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6849_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">258.885</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6850_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">64.721</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps7153 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6890_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">31.846</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14650 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.975</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps14507 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6892_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">20.864</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14513 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">5.216</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps5066 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6894_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">17.924</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6895 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.302</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps15797 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6896 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">3.295</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6897 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">824</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps4622 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Luxemburgo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6899 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">2.000</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6900 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">499</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps15895 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Pa\u00edses Bajos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6901_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">787</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6902_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">189</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1527 ss112_1\"><div><div class=\"ps964 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Indonesia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6903_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">370</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6905_1 ss737_1\"><div><div class=\"ps964 ss725_1\"><span class=\"f charStyle-f47c836a ps6904\">81</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8770 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps6588_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6906_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">335.971</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6907_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">80.807</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.5.</span><span class=\"f charStyle-aa796863\"><span class=\"ps5995_1\"><span style=\"display:inline-block;height:6.8pt;width:14.48pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Cr\u00e9ditos fiscales por Deducciones en Cuota</span></div><div class=\"ps6911_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.13pt\">A continuaci\u00f3n, se relacionan los cr\u00e9ditos fiscales compensables del Grupo, detallados por \u00e1reas geogr\u00e1ficas y vencimientos:</span><span class=\"f charStyle-f47c836a ps6910\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps6919 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss738_1\"><div><div class=\"ps476 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2026</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2027-2031</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss131_1\"><div><div class=\"ps476 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2032-2038</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss131_1\"><div><div class=\"ps5338_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14659\">A\u00f1os</span></div><div class=\"ps5339_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6913\"> sucesivos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss131_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps570 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2025</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6914_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">3.299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6916_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps996\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6917_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">10</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6918_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps1418\">3.311</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11292 ss751_1\"><div><div class=\"ps2435_1 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6878_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">3299</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6879_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps9354\">2</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6880_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2790\">10</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6881_1 ss168_1\"><div><div class=\"ps2435_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">3311</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6920_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps12591\">El 100% de los cr\u00e9ditos fiscales por deducciones en cuota tienen reconocido su correspondiente activo por impuesto diferido.</span></div><div class=\"ps6921 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">A efectos comparativos, se presenta el cuadro de cr\u00e9ditos fiscales compensables, detallado por \u00e1reas geogr\u00e1ficas y</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6925_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.13pt\">vencimientos a cierre del ejercicio </span><span class=\"f charStyle-f47c836a ps6922\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps6923\" style=\"width:3.3pt\">:</span><span class=\"f charStyle-f47c836a ps6924\" style=\"width:2.71pt\"> </span></div><div class=\"ps6936_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:174pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:65.25pt\"></td></tr><tr style=\"height:27.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss752_1\"><div><div class=\"ps6926_1 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5836_1 ss753_1\"><div><div class=\"ps6926_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14689\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps11857 ss753_1\"><div><div class=\"ps6926_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2026-2030</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5837_1 ss753_1\"><div><div class=\"ps6926_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6819\">2031-2037</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5839_1 ss753_1\"><div><div class=\"ps568 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14659\">A\u00f1os</span></div><div class=\"ps6927_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps6913\"> sucesivos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5841_1 ss753_1\"><div><div class=\"ps6928_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps2819\">Total </span></div><div class=\"ps6929_1 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps5840_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps3588_1 ss739_1\"><div><div class=\"ps964 ss650_1\"><span class=\"f charStyle-f47c836a ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6930_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">38</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6914_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">247</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6916_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps996\">1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6917_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps2428\">99</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6918_1 ss165_1\"><div><div class=\"ps964 ss130_1\"><span class=\"f charStyle-f47c836a ps9202\">385</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12593 ss651_1\"><div><div class=\"ps482 ss650_1\"><span class=\"f charStyle-4ed8e3ec ps5847\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6931_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1946\">38</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6932_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">247</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6933_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps11022\">1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6934_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps1946\">99</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6935_1 ss136_1\"><div><div class=\"ps482 ss130_1\"><span class=\"f charStyle-4ed8e3ec ps14244\">385</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps6941_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:276.76pt\">En cuanto a la informaci\u00f3n estipulada en el art\u00edculo 86 de la </span><span class=\"f charStyle-5af4d000 ps6937\" style=\"width:52.07pt\"><span style=\"background-color:inherit\">Ley 27/2014</span></span><span class=\"f charStyle-f47c836a ps6938\" style=\"width:23.65pt\">, de </span><span class=\"f charStyle-5af4d000 ps6939\" style=\"width:72.23pt\"><span style=\"background-color:inherit\">27 de noviembre</span></span><span class=\"f charStyle-f47c836a ps6940\" style=\"width:90.87pt\">, del Impuesto Sobre</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6942_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">Sociedades, relativa a las operaciones de fusi\u00f3n y de escisi\u00f3n de ramas de actividad realizadas en ejercicios anteriores, \u00e9sta se</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps6943_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:445.3pt\">incluye en la primera memoria aprobada tras cada una de dichas operaciones, y cuyo resumen es el siguiente:</span></div><div class=\"ps6945_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps6944\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1133_1\">Inmotel Inversiones, S.A.: 1993, 1996, 1997 y 1998</span></div><div class=\"ps6946_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps6944\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1133_1\">Meli\u00e1 Hotels International, S.A.: 1999, 2001, 2005, 2009, 2012 y 2021.</span></div><div class=\"ps6947_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps6944\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1133_1\">Prodigios Interactivos, S.A.: 2019</span></div></div><div class=\"ps7027_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:22.21pt\">19.8.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7026\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:13.79pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:315.44pt\">Estado de principales inspecciones y litigios de naturaleza tributaria</span></div><div class=\"ps7030_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:165.73pt\">El principal procedimiento de naturaleza</span><span class=\"f charStyle-2dc94b68 ps7028\" style=\"width:7.64pt\">\u00a0 </span><span class=\"f charStyle-f47c836a ps7029\" style=\"width:342.12pt\">tributaria susceptible de generar un impacto negativo en el Grupo corresponde a un</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7031_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">litigio en M\u00e9xico relacionado con actas emitidas por la autoridad fiscal respecto al Impuesto sobre la Renta del ejercicio 2012,</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7032_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">que afectan a Corporaci\u00f3n Hotelera Hispano Mexicana S.A. de C.V. Dicho procedimiento se centra en la suficiencia de la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7033_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">prueba documental presentada para acreditar y aplicar determinadas p\u00e9rdidas fiscales. El importe en disputa asciende a 850</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7034 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:495.38pt\">millones de pesos mexicanos (40 millones de euros), de los cuales el Grupo estima como probables 22,7 millones de euros.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">El Grupo mantiene una provisi\u00f3n por riesgos y litigios fiscales que cubre de manera suficiente la posible contingencia derivada</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">de este procedimiento. Asimismo, el Grupo considera que las posibles obligaciones derivadas de inspecciones y litigios en curso</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:131.87pt\">est\u00e1n adecuadamente cubiertas.</span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">No obstante, como consecuencia, entre otras, de las diferentes posibles interpretaciones de la legislaci\u00f3n vigente, podr\u00edan</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">surgir pasivos adicionales como resultado de una inspecci\u00f3n. En este sentido, el Grupo, eval\u00faa los tratamientos fiscales</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1516_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">inciertos y reconoce el efecto de la incertidumbre sobre la ganancia (p\u00e9rdida) fiscal, las bases fiscales, las p\u00e9rdidas o cr\u00e9ditos</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1519_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">fiscales no utilizados y los tipos impositivos aplicables. Como resultado, el Grupo mantiene registrado un importe de 24,2</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps1521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:366.49pt\">millones de euros en Otros pasivos por impuesto diferido (20,5 millones de euros en 2024).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-563": {
   "value": "<div class=\"ps6956_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">19.6.</span><span class=\"f charStyle-aa796863\"><span class=\"ps6955\"><span style=\"display:inline-block;height:6.8pt;width:14.04pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Conciliaci\u00f3n entre el resultado contable consolidado, la base imponible fiscal agregada y el gasto por el </span></div><div class=\"ps6957 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps1205\">impuesto sobre las ganancias </span></div><div class=\"ps3762_1 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:288.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:110.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:110.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps1410 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps15085\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005D55;padding:0\"><div class=\"ps6973 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps15085\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#FFFFFF;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11623 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-bc759fd4 ps267\">Resultado Neto Consolidado </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1414 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-bc759fd4 ps6960\">200.246</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6961 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-bc759fd4 ps6960\">162.041</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps650 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Gasto por impuesto sobre beneficios</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1418 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6962\">65.799</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6963_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6962\">62.383</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1485 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por deterioros y Provisiones</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1423_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps7663\">(200.350)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6965_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps7663\">(107.509)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11099 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Operaciones de arrendamientos financieros (Leasings)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1426 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps13672\">2.349</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6967_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps13672\">1.260</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps8239 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Gastos/Ingresos no deducibles</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1430_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(18.054)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6969_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps13672\">9.425</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps4983 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Diferencias de cambio</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1435 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(11.288)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6971_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6970_1\">(8.635)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps1255 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Ajustes por inflaci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1439 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6962\">18.413</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6972 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps6970_1\">(9.201)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps11368 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Otros ajustes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1445_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps10903\">151.030</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6974 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps10903\">135.869</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11379 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps6975_1\">BASE IMPONIBLE PREVIA</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6976_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6960\">208.145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6977 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6960\">245.633</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#FFFFFF;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6202 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Compensaci\u00f3n de Bases Negativas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6978 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(12.588)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6979_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(44.453)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#FFFFFF;padding:0\"><div class=\"ps6083 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-f47c836a ps267\">Bases negativas no reconocidas</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6980 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(55.535)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6981_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-f47c836a ps2132\">(33.229)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7694 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps7675\">BASE IMPONIBLE (RESULTADO FISCAL AGREGADO)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6984_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6960\">140.022</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6986 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6985_1\">(167.951)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7699 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps6987_1\">GASTOS POR IMPUESTO SEG\u00daN TIPO ESTATUTARIO VIGENTE (25%)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6989 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">35.006</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6990 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">41.988</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7704 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps6991_1\">Efecto del tipo estatutario de otros pa\u00edses</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6994_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11285\">3.058</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6996_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps6995\">(958)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1772 ss96_1\"><div><div class=\"ps482 ss227\"><span class=\"f charStyle-4ed8e3ec ps2906\">GASTO POR IMPUESTO SOBRE LAS GANANCIAS DEL EJERCICIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6999_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">38.064</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7000_1 ss755_1\"><div><div class=\"ps482 ss51\"><span class=\"f charStyle-4ed8e3ec ps11867\">41.030</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7002_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.11pt\">19.7.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7001\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:0.15pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1205\" style=\"width:227.86pt\">Gasto (ingreso) por impuesto sobre las ganancias</span></div><div class=\"ps7003_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">El siguiente cuadro refleja el importe registrado como gasto (ingreso) del ejercicio y el comparativo con el ejercicio anterior,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7004 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:451.54pt\">detallando los saldos por conceptos y separando los correspondientes a impuesto corriente e impuesto diferido:</span></div><div class=\"ps7023_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss756_1\"><div><div class=\"ps7005 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:20.25pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6584 ss757_1\"><div><div class=\"ps1102_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11136\">Gasto / (Ingreso)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14496 ss757_1\"><div><div class=\"ps1102_1 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps11136\">Gasto / (Ingreso)</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1096 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Impuesto corriente</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps825 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Impuesto sobre las ganancias del ejercicio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7008 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">38.070</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7009 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">41.030</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7158 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Otros impuestos del ejercicio</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7010 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">8.845</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7011_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">4.374</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1507 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Ajustes al impuesto sobre las ganancias de ejercicios anteriores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7012_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(3.036)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7013_1 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">2.276</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4622 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Impuestos diferidos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15773 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Variaci\u00f3n neta en cr\u00e9ditos por bases imponibles negativas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7014 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(2.427)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7015 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6794\">(16.814)</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps15508 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Variaci\u00f3n neta en cr\u00e9ditos fiscales por deducciones en cuota</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7017 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6785_1\">(6.904)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7018 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps6858\">606</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps9297 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Otros</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7019 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">31.251</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7020 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">30.911</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5292 ss113_1\"><div><div class=\"ps482 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps3187_1\">GASTO POR IMPUESTO SOBRE LAS GANANCIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7021 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">65.799</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7022 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">62.383</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps2993_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El ep\u00edgrafe de Otros impuestos del ejercicio corresponde a impuestos an\u00e1logos al impuesto sobre las ganancias, as\u00ed como</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2995_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:333.23pt\">impuestos en pa\u00edses en desarrollo calculados en base a los ingresos o a los activos.</span></div><div class=\"ps7024_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">La totalidad de los ajustes al impuesto sobre las ganancias de ejercicios anteriores del ejercicio 2025 y 2024 mencionados, se</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7025 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:500.19pt\">corresponde con modificaciones surgidas entre el impuesto definitivo y la previsi\u00f3n del impuesto efectuada el a\u00f1o anterior.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-564": {
   "value": "<div class=\"ps7039_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 20.</span><span class=\"f charStyle-89b3ebe7\"><span class=\"ps7038_1\"><span style=\"display:inline-block;height:11.34pt;width:6.37pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Informaci\u00f3n sobre Partes Vinculadas</span></div><div class=\"ps7040_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:131.35pt\">Se consideran partes vinculadas:</span></div><div class=\"ps7041 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.2pt\">Las entidades asociadas y negocios conjuntos que se consolidan por el m\u00e9todo de puesta en equivalencia, detalladas en</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7043_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:209pt\">el Anexo 2 de la memoria de estas cuentas anuales.</span><span class=\"f charStyle-f47c836a ps7042\" style=\"width:2.71pt\"> </span></div><div class=\"ps7044_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:224.06pt\">Los accionistas significativos de la sociedad dominante.</span></div><div class=\"ps7045_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1269\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.27pt\">Miembros del Consejo de Administraci\u00f3n y Alta Direcci\u00f3n, (miembros del Comit\u00e9 Ejecutivo del Grupo, tambi\u00e9n</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7046_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.26pt\">denominado Senior Executive Team (SET); tambi\u00e9n se entender\u00e1n incluidos en el concepto de Alta Direcci\u00f3n aquellos</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7047_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:487.15pt\">directivos que tengan dependencia jer\u00e1rquica del Presidente y Consejero Delegado, as\u00ed como el responsable de</span><span class=\"f charStyle-f47c836a ps1288_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7048_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1270_1\" style=\"width:75.23pt\">Auditor\u00eda Interna).</span></div><div class=\"ps7049_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.88pt\">Todas las transacciones realizadas con partes vinculadas se realizan en condiciones de mercado e independencia mutua.</span></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">20.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7050\"><span style=\"display:inline-block;height:6.8pt;width:13.76pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\">Transacciones con entidades asociadas y negocios conjuntos</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Operaciones comerciales </span></div><div class=\"ps1285_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Las operaciones comerciales realizadas con entidades asociadas y negocios conjuntos se refieren principalmente a actividades</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1286_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:449.52pt\">de gesti\u00f3n hotelera y otros servicios relacionados. En el cuadro adjunto se muestran, para los ejercicios </span><span class=\"f charStyle-f47c836a ps7051\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7052\" style=\"width:13.19pt\"> y </span><span class=\"f charStyle-f47c836a ps7053\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps444\" style=\"width:15.23pt\">, el</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1287_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">importe reconocido en el resultado de explotaci\u00f3n de la Cuenta de p\u00e9rdidas y ganancias consolidada como consecuencia de</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1289_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:504.38pt\">operaciones realizadas con estas entidades, as\u00ed como los saldos comerciales pendientes con las mismas a cierre de ejercicio:</span><span class=\"f charStyle-f47c836a ps7055\" style=\"width:10.84pt\">\u00a0 \u00a0 </span></div><div class=\"ps7157_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2495 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(7)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">145</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5348_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.097</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">4</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">156</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.374</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2605 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Producciones de Parques, S.L. </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps5437_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.550</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5438 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">430</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps5439 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">17</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5440 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.200</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5441_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.659</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5442_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">37</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2620 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Altavista Hotelera, S. L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7059_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">36</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7060_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">11</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5444_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">34</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5534_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">10</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5445_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">9</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2627 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fourth Project 2012, S.L. </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5536_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(8)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5537_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">11</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5539_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">6</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5540_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">763</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2632 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7061_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(1)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5542 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">812</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5544_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(337)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2644 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Holazel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5546_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(619)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5547_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(9)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5548_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">503</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5549_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(315)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5550_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(12)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5551_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">9</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1732 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7063 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">593</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7064 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(213)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7065 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">46</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7066 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">366</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2669 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Arroyo, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7068_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">599</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7069_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">598</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4058 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps964\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7071_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.549</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7072_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.591</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7073_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.617</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7074_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">3.716</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7075_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.286</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7076 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.793</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6217 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7077 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">890</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7078_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">465</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7079_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">5</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7080 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">747</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7081 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.102</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7082_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">11</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9307 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7083_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">6.353</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7084_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.336</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7085 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">34</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7086 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">5.595</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7087_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.199</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7088_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">58</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1013 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Aparthotel M.Costa del Sol</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7089_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.463</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7090_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">793</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7091_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">13</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7092_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.092</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7093 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.054</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7094 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">28</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2724 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Nexprom, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7096_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.307</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7097_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.494</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7098_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">10</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7099_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.740</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7100_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.299</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7101_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">25</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7102_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7103_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">8.597</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7104 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">3.251</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7105_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">10</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7106_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">7.738</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7107_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.842</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7108_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">28</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6242 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Starmel Hoteles JV, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7110_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">6</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7111_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">14</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7112_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">22</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7113_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fuerteventura Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7114 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">25</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7115 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">28</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7116 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">38</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7117 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">24</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps11536 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Santa Eulalia Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7119 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(23)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7120 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">21</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7121_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7122_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">53</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15823 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7124_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(54)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7125 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">282</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7126_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.601</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7127_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">16</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7128 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">706</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7129_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.682</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7130_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Tertian XXI\u00a0 (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7131 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.225</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7132_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">451</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15641 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7134_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.169</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7135 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">283</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7136_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.123</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4508 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Inversiones Guiza, S. A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7137 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(22)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7138_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">32</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7139 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">8</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7140 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(21)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7141_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">2</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5084 ss759_1\"><div><div class=\"ps4251_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps12481\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7144 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">25.937</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7145_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">8.436</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7146_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">2.681</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7147_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">23.091</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7148_1 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">9.304</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7149 ss516_1\"><div><div class=\"ps4251_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.832</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7150_1 ss760_1\"><div><div class=\"ps958 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7151 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">27.486</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7152_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">11.027</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7153_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">5.298</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7154 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">26.806</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7155_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">11.590</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7156 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">4.626</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7158_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:290.91pt\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps7159 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:254.99pt\">Grupo Tertian XXI compuesto por las sociedades Lierinto S.L.U. y Tertian XXI S.L.</span></div><div class=\"ps7161_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:388.16pt\">Grupo Renasala compuesto por las sociedades Renasala,S.L., Starmel Hotels OP,S.L,U. Torremolinos Beach Property, S.L,U,</span><span class=\"f charStyle-df66f676 ps7160\" style=\"width:2.1pt\"> </span></div><div class=\"ps7162 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:354.9pt\">Palmanova Beach Property, S.L.U. Puerto del Carmen Beach Property, S.L.U. San Antonio Beach Property, S.L.U.</span></div><div class=\"ps7163_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:337.54pt\">Grupo Melia Hotels USA, LLC compuesto por las sociedades Melia Hotels USA,Llc. Y Melia Hotels Florida Llc.</span></div><div class=\"ps7164_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Durante el ejercicio, las sociedades del Grupo Evertmel, Mongamenda S.L.U. y Jamaica DevCo, S.L. han fusionado con la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7165_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">sociedad Evertmel S.L. Asimismo, la sociedad Kimel MCA., S.L.U. ha fusionado con Ayosa Hoteles, S.L., sociedad que integra</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7166 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:210.34pt\">por el m\u00e9todo de integraci\u00f3n global (ver Nota 5.1.).</span></div><div class=\"ps7167_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Por otra parte, se ha incorporado el Grupo Terti\u00e1n, formado por las sociedades Terti\u00e1n XXI, S.L. y su filial Lierinto, S.L.U.,</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7168 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:176.46pt\">propietaria del hotel Innside Palma Bosque.</span></div><div class=\"ps7169_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">Las principales variaciones del periodo en pasivos comerciales hacen referencia al pago de facturas de alquiler de hotel que</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7170_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.19pt\">son explotados por el Grupo y cuya propiedad es de entidades asociadas y negocios conjuntos.</span></div><div class=\"ps7171 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.43pt\">En el ejercicio 2025 el Grupo ha adquirido el 50% adicional de la sociedad Sierra Parima, S.A.S. pasando a integrarse por</span><span class=\"f charStyle-f47c836a ps1219_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7173_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:75.76pt\">integraci\u00f3n global.</span><span class=\"f charStyle-f47c836a ps7172\" style=\"width:5.42pt\">\u00a0 </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Operaciones de financiaci\u00f3n</span><span class=\"f charStyle-a641bfbe ps7177\"> </span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">A\u00a0 continuaci\u00f3n, se desglosan los importes que el Grupo mantiene con entidades asociadas y negocios conjuntos a cierre de los</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:42.91pt\">ejercicios </span><span class=\"f charStyle-f47c836a ps5404\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7178\" style=\"width:12.11pt\"> y </span><span class=\"f charStyle-f47c836a ps7179\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7180\" style=\"width:422.9pt\"> en concepto de financiaci\u00f3n, as\u00ed como los ingresos y gastos financieros devengados en los ejercicios</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:183.64pt\">2025 y 2024 derivados de dichas operaciones:</span><span class=\"f charStyle-f47c836a ps7181\" style=\"width:2.71pt\"> </span></div><div class=\"ps2773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:168.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:54.75pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss618_1\"><div><div class=\"ps5335_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps5336_1 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td colspan=\"5\" style=\"background-color:#005d55;padding:0\"><div class=\"ps9526 ss619_1\"><div><div class=\"ps482 ss568_1\"><span class=\"f charStyle-4ed8e3ec ps5052_1\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5340_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2025</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5341_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5343_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5344_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5046\">Rtdos 2024</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5345_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1349\">Activo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2963_1 ss240_1\"><div><div class=\"ps476 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps9462\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2495 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5346_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(468)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5347_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">28.720</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5348_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">32.738</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5349_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(697)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5350_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">31.023</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5351_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">30.959</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7153 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Altavista Hotelera, S. L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7182_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">518</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7183_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">10.812</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7184_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">621</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5352_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">10.751</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps14507 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Producciones de Parques, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7185_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps962\">(7)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7186_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">78</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7187_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(14)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7188_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">451</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5066 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fourth Project 2012, S.L. </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7189_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(76)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7190 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">704</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7191_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(345)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7192 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">2</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7193_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">972</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15797 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Melia Hotels USA (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7194_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5053\">(543)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7195_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">11.151</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7196 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">936</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7197_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">12.129</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4622 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Sierra Parima, S.A.S.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7198_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps12444\">(2.727)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15895 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Holazel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7199_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps7062_1\">(17)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7200_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">71</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7201 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">17</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7202_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">349</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1527 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hotel Arroyo, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7203_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">26</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps8770 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps964\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7205_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps7204\">(594)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7206 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">50.755</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7207 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">33.564</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7209_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps7208\">(2.226)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7210 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">53.905</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7211_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">32.731</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4848 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Turismo de Invierno, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7212_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">310</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7213 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">56</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6217 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">C.P. Meli\u00e1 Castilla</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7079_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">115</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7082_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">14</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps9307 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Aparthotel M.Costa del Sol</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7085 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">287</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7088_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">24</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3567 ss760_1\"><div><div class=\"ps958 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Nexprom, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7215_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">239</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7216_1 ss512_1\"><div><div class=\"ps958 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">26</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3738_1 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Renasala (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7217 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">812</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7218_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">13.730</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7219_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">243</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7220_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">1.003</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7221_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps4370\">24.200</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7222_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">193</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps15901 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Starmel Hoteles JV, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps4259 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Fuerteventura Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7223_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">46</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps12682 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Santa Eulalia Beach P, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7224_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">20</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1600 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Marmel, S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7225_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">468</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7226_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">4.176</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7227_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps2647_1\">2.992</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps551_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Grupo Tertian XXI (*)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7228_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">13</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7229_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">226</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7230 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps3172_1\">75</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps556_1 ss621_1\"><div><div class=\"ps482 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Plaza Puerta del Mar, S.A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7231_1 ss238_1\"><div><div class=\"ps482 ss237_1\"><span class=\"f charStyle-f47c836a ps5443\">180</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:12.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps6344 ss620_1\"><div><div class=\"ps964 ss617_1\"><span class=\"f charStyle-f47c836a ps267\">Detur Panam\u00e1, S. A.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7233_1 ss536_1\"><div><div class=\"ps964 ss237_1\"><span class=\"f charStyle-f47c836a ps799\">3</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:5.25pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7234_1 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps12481\">TOTAL ENTIDADES ASOCIADAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7235 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.293</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7236_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">18.132</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7237_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.449</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7238_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps6358\">1.003</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7239_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">27.262</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7240_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1320\">311</span></div></div></div></td></tr><tr style=\"height:6pt\"><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7241_1 ss758_1\"><div><div class=\"ps2435_1 ss617_1\"><span class=\"f charStyle-4ed8e3ec ps5354\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7242_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps1320\">699</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7243_1 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">68.887</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7244 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">35.013</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7245 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps7208\">(1.223)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7246 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">81.167</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7247 ss574_1\"><div><div class=\"ps2435_1 ss237_1\"><span class=\"f charStyle-4ed8e3ec ps5502\">33.042</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7248 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) Las sociedades que pertenecen a la misma l\u00ednea de negocio se presentan conjuntamente:</span></div><div class=\"ps7249_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Renasala compuesto por las sociedades Renasala,S.L., Starmel Hotels OP,S.LU, ,Torremolinos Beach Property ,S.L.U, </span></div><div class=\"ps7250 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Palmanova Beach Property, S.L.U, Puerto del Carmen Beach Property, S.L.U, San Antonio Beach Property. S.L.U.</span></div><div class=\"ps7251 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">Grupo Melia Hotels USA, LLC compuesto por roplas sociedades Melia Hotels USA,Llc. Y Melia Hotels Florida Llc.</span></div><div class=\"ps7252_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-df66f676 ps12591\" style=\"width:254.99pt\">Grupo Tertian XXI compuesto por las sociedades Lierinto S.L.U. y Tertian XXI S.L.</span></div><div class=\"ps7254_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">Al final de cada ejercicio, se calcula el inter\u00e9s correspondiente al saldo medio de las cuentas corrientes, cuyos saldos pueden</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7255_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">ser deudores o acreedores, en funci\u00f3n de las circunstancias particulares de cada negocio conjunto o entidad asociada y cuya</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7256_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">devoluci\u00f3n se produce seg\u00fan sus las necesidades de cada momento. Estos saldos devengan un tipo de inter\u00e9s de mercado, que</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7259_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:346.88pt\">se liquida anualmente en funci\u00f3n del saldo diario de la cuenta, siendo el aplicado en </span><span class=\"f charStyle-f47c836a ps7257\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7258\" style=\"width:149.77pt\"> el 5,198%, mientras que en 2024 fue</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7261_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:46.11pt\">del 5,532%.</span><span class=\"f charStyle-f47c836a ps7260\" style=\"width:2.71pt\"> </span></div></div><div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:124.92pt\">Operaciones de arrendamiento</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">A continuaci\u00f3n, se desglosan los importes correspondientes a contratos de arrendamiento con entidades asociadas y negocios</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">conjuntos. Dentro del importe reflejado en la columna de Resultados se incluyen los pagos de alquiler, incluyendo el importe</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1621_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:357.82pt\">variable, si lo hubiese, no descontado a la hora de calcular el pasivo por arrendamiento.</span></div><div class=\"ps2773_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:182.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:15pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss761_1\"><div><div class=\"ps5335_1 ss68\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td rowspan=\"3\" style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7419 ss731_1\"><div><div class=\"ps482 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps7272\">31/12/2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss731_1\"><div><div class=\"ps482 ss260_1\"><span class=\"f charStyle-4ed8e3ec ps7272\">31/12/2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7275 ss411_1\"><div><div class=\"ps5338_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps7273\">Rtdos</span></div><div class=\"ps5339_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7276 ss411_1\"><div><div class=\"ps476 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6720_1 ss411_1\"><div><div class=\"ps5338_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps7273\">Rtdos</span></div><div class=\"ps5339_1 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2024</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps6721_1 ss411_1\"><div><div class=\"ps476 ss53\"><span class=\"f charStyle-4ed8e3ec ps5296_1\">Pasivo</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2495 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-f47c836a ps267\">Evertmel, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7277 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.629)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7278 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">31.991</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7279 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(7.811)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7280 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">39.013</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2605 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-f47c836a ps267\">Altavista Hotelera, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7281_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(3.220)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7282_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.043</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7283_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(3.098)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7284_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.360</span></div></div></div></td></tr><tr style=\"height:15.75pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps2620 ss762_1\"><div><div class=\"ps2435_1 ss68\"><span class=\"f charStyle-f47c836a ps267\">Fourth Project 2012, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7285_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(2.685)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7286_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">7.582</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7287_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(2.367)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7288_1 ss78\"><div><div class=\"ps2435_1 ss53\"><span class=\"f charStyle-f47c836a ps3073\">10.396</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps1507 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Marmel, S.L</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7289 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(1.593)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7290 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">12.561</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7291 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3167\">(1.614)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7292 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps3073\">13.058</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps5927 ss763_1\"><div><div class=\"ps4251_1 ss68\"><span class=\"f charStyle-f47c836a ps267\">Terti\u00e1n, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7293 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps845\">(582)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7294_1 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">9.098</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps3540 ss763_1\"><div><div class=\"ps4251_1 ss68\"><span class=\"f charStyle-f47c836a ps267\">Lierinto, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7296_1 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps845\">(302)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"><div class=\"ps7297 ss764_1\"><div><div class=\"ps4251_1 ss53\"><span class=\"f charStyle-f47c836a ps9354\">4.786</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:6.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps292 ss476_1\"><div><div class=\"ps482 ss68\"><span class=\"f charStyle-4ed8e3ec ps7298\">TOTAL NEGOCIOS CONJUNTOS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7299_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(16.010)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7300_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">73.060</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7301_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps14667\">(14.891)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7302_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps11344\">69.827</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7303 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:74.09pt\">Garant\u00edas y avales</span></div><div class=\"ps7304_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">A cierre de los ejercicios 2025 y 2024 el Grupo tiene avales con entidades asociadas y negocios conjuntos por 0,3 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7305_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:25.06pt\">euros.</span><span class=\"f charStyle-f47c836a ps6601\" style=\"width:2.71pt\"> </span></div><div class=\"ps7307_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:23.47pt\">20.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps8149\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:12.53pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:203.04pt\">Transacciones con accionistas significativos</span></div><div class=\"ps7309_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:381.76pt\">Los saldos por tipo de operaci\u00f3n realizados con los accionistas significativos son los siguientes:</span><span class=\"f charStyle-f47c836a ps7308\" style=\"width:2.71pt\"> </span></div><div class=\"ps7321 ss0_2\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:173.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:172.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:80.25pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3628_1 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-4ed8e3ec ps7310_1\">Tipo de operaci\u00f3n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps3147 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps12514 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps1001\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7312 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Recepci\u00f3n de servicios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6720_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps9354\">1.248</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">Hoteles Mallorquines Consolidados, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7313 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7314_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">166</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Ana Maria Jaume Vanrell</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1490 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Recepci\u00f3n de servicios</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7315_1 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">852</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss766_1\"><div><div class=\"ps482 ss765_1\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Ana Maria Jaume Vanrell</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7316_1 ss768_1\"><div><div class=\"ps482 ss767_1\"><span class=\"f charStyle-f47c836a ps267\">Arrendamientos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7317 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-f47c836a ps6723\">184</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td colspan=\"3\" style=\"background-color:#8e8783;padding:0\"><div class=\"ps6862 ss732_1\"><div><div class=\"ps482 ss729_1\"><span class=\"f charStyle-4ed8e3ec ps7318_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7319 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">1.414</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7320 ss266_1\"><div><div class=\"ps482 ss53\"><span class=\"f charStyle-4ed8e3ec ps15356\">1.036</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7322 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">Las Operaciones detalladas est\u00e1n referidas a la contrataci\u00f3n por sociedades del Grupo de diversos servicios profesionales</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7323 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">prestados por sociedades bajo control de D. \u00c1lvaro Sans Ca\u00f1ada, persona vinculada por parentesco a D. Gabriel Escarrer</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7324_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Jaume, Presidente y Consejero Delegado de la Sociedad y, a su vez, accionista indirecto de la Sociedad a trav\u00e9s de</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7325_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">participaci\u00f3n en las sociedades Hoteles Mallorquines Asociados, S.L., Hoteles Mallorquines Agrupados, S.L., Hoteles</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7326_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:252.89pt\">Mallorquines Consolidados, S.L. y Tulipa Inversiones 2018, S.A.</span></div></div><div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:23.46pt\">20.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7339\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:12.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:373.27pt\">Transacciones con personal directivo y miembros del Consejo de Administraci\u00f3n</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El importe de la remuneraci\u00f3n de los Consejeros por su condici\u00f3n de tales (remuneraci\u00f3n fija y las dietas por asistencia a</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:281.45pt\">consejos y comisiones) de los diferentes consejeros, en los ejercicios </span><span class=\"f charStyle-f47c836a ps7340\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7341\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps7342\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7343\" style=\"width:63.97pt\"> es el siguiente:</span></div><div class=\"ps5425_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss775_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:276.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7345_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5873 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros externos independientes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7347_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">692</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7348_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">753</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Fco Javier Campo Garc\u00eda</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7349_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">69</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Fernando D\u00b4Ornellas Silva</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7350_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7351_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">116</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Carina Szpilka L\u00e1zaro</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7352_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7353_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">134</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. M\u00aa Cristina Henr\u00edquez de Luna Basagoiti</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7354_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7355_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">107</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Cristina Aldamiz-Echevarr\u00eda Gonz\u00e1lez de Durana</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7356 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7357 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">148</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1255 ss771_1\"><div><div class=\"ps964 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Montserrat Trap\u00e9 Viladomat</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7358 ss772_1\"><div><div class=\"ps964 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7359 ss772_1\"><div><div class=\"ps964 ss49\"><span class=\"f charStyle-f47c836a ps4677\">145</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Crist\u00f3bal Vald\u00e9s Guinea</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7360 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7361 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">34</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1732 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros\u00a0 dominicales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7362 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">275</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7363_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">346</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps364 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Luis Mar\u00eda D\u00edaz de Bustamante y Terminel</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7364 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7365 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">151</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4438 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Escarrer Juli\u00e1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7366_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">60</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7367 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. M\u00aa Mercedes Escarrer Jaume </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7368 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7369 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">34</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps1752 ss773_1\"><div><div class=\"ps958 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Hoteles Mallorquines Agrupados S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7371 ss774_1\"><div><div class=\"ps958 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">29</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1013 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Alfredo Pastor Bodmer</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7372 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7373_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">72</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7704 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejero ejecutivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7375_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7374\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7376_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7374\">72</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1772 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Juan Escarrer Jaume</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7377_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7378_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">72</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7379_1 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7381 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2139\">1.040</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7382 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2139\">1.171</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7385 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:471.7pt\">Durante el ejercicio 2025, se han producido los siguientes cambios en la composici\u00f3n del Consejo de Administraci\u00f3n:</span><span class=\"f charStyle-f47c836a ps7384_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7387_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">a<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Ratificaci\u00f3n y reelecci\u00f3n de D. Crist\u00f3bal Vald\u00e9s Guinea, como Consejero Externo Independiente.</span></div><div class=\"ps7388_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">b<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Ratificaci\u00f3n y reelecci\u00f3n de D\u00f1a. Mar\u00eda Mercedes Escarrer Jaume, como Consejera Externa Dominical.</span></div><div class=\"ps5048_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">c<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Reelecci\u00f3n de D\u00f1a. Carina Szpilka L\u00e1zaro como Consejera Externa Independiente.</span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">d<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Nombramiento de D\u00f1a. Montserrat Trap\u00e9 Viladomat como Vicepresidenta Primera.</span></div><div class=\"ps5883 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">e<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Nombramiento de D\u00f1a. Cristina Ald\u00e1miz-Echevarr\u00eda Gonz\u00e1lez de Durana como Vicepresidenta Segunda</span></div><div class=\"ps7390_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:383.59pt\">El importe correspondiente a la retribuci\u00f3n de los consejeros ejecutivos y la alta direcci\u00f3n (a</span><span class=\"f charStyle-f47c836a ps7389\" style=\"width:131.94pt\"> estos efectos, se considera alta</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7392_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:32.24pt\">direcci\u00f3</span><span class=\"f charStyle-f47c836a ps7391\" style=\"width:483.36pt\">n a los miembros del Comit\u00e9 Ejecutivo del grupo, tambi\u00e9n denominado Senior Executive Team (SET) y, a efectos del</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">presente Informe, y siguiendo las instrucciones de la Circular 3/2021, de 28 de septiembre, de la CNMV, tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">entender\u00e1n incluidos en el concepto de alta direcci\u00f3n, aquellos directivos que tengan dependencia jer\u00e1rquica del Presidente y</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7399_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:309.85pt\">Consejero Delegado, y el responsable de Auditor\u00eda Interna) en los ejercicios </span><span class=\"f charStyle-f47c836a ps7395\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7396\" style=\"width:9.99pt\"> y </span><span class=\"f charStyle-f47c836a ps7397\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7398\" style=\"width:157.99pt\"> es el siguiente, atendiendo a importes</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.12pt\">devengados:</span><span class=\"f charStyle-f47c836a ps7400\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps7433 ss0_2\"><div class=\"ss780_1 ws0 ps7432\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:217.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:18pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss776_1\"><div><div class=\"ps7404_1 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps7403\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps4019_1 ss670\"><div><div class=\"ps4339_1 ss518\"><span class=\"f charStyle-4ed8e3ec ps7405\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7406_1 ss670\"><div><div class=\"ps4339_1 ss518\"><span class=\"f charStyle-4ed8e3ec ps7405\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:27.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7409 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps14565\">Fija</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7410 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps3359\">Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7411 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps14565\">Fija</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7412 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps3359\">Variable</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11190 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros ejecutivos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7414_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7415_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.073</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7416_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7418 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5982\">694</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11297 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Juan Escarrer Jaume</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7419_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">1.004</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7420 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">2.073</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7421 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">1.004</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7422 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps14926\">694</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2509 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Alta direcci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7423 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.603</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14657 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.591</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7425 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.208</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7426 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5982\">928</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2516 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps7427_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7428 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.607</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14666 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">5.665</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7430_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.212</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7431 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.622</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7434 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, el importe indicado respecto a la remuneraci\u00f3n total de la Alta Direcci\u00f3n y del Consejero Ejecutivo incluye la parte</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">correspondiente a la retribuci\u00f3n variable a largo plazo correspondiente al Plan Director 2022-2024, cuyo devengo se ha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7436 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">producido durante el ejercicio 2025. Durante el presente ejercicio, se ha aprobado el Plan Director 2025-2027 dirigido al</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7437 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Presidente y Consejero Delegado, a los miembros del Comit\u00e9 de Direcci\u00f3n y otros empleados clave, siendo un colectivo de un</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7439 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:308.74pt\">m\u00e1ximo de 50 beneficiarios y un importe m\u00e1ximo de 13,5 millones de euros.</span><span class=\"f charStyle-f47c836a ps7438_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7440_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Adicionalmente, el Presidente y Consejero Delegado (\u00fanico Consejero Ejecutivo de la Sociedad) ha devengado 88 miles de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7442 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:361.64pt\">euros en el ejercicio 2025 relativos a sistemas de ahorro a largo plazo y otros conceptos.</span><span class=\"f charStyle-f47c836a ps7441_1\" style=\"width:153.89pt\"> El importe devengado por los mismos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7443_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:244.63pt\">conceptos en el ejercicio 2024 ascendi\u00f3 a 87 miles de euros.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La Compa\u00f1\u00eda no ha asumido ning\u00fan tipo de obligaci\u00f3n y no ha satisfecho ning\u00fan tipo de anticipo o cr\u00e9dito a los administradores</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">a fecha de formulaci\u00f3n de las cuentas anuales consolidadas. Por otra parte, el Grupo tiene contratada una p\u00f3liza de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">responsabilidad civil (D&amp;O) para administradores y directivos, con las condiciones habituales para este tipo de seguros, con</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.13pt\">una prima imputable al ejercicio </span><span class=\"f charStyle-f47c836a ps6922\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6923\" style=\"width:189.9pt\"> de 224.140,88\u00a0 euros, 302.279,25 euros en </span><span class=\"f charStyle-f47c836a ps7446\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7447_1\" style=\"width:7.65pt\">. </span><span class=\"f charStyle-f47c836a ps7448_1\" style=\"width:137.14pt\">No se realizan pagos basados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:37.75pt\">acciones.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-565": {
   "value": "<div class=\"ps7049_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:486.88pt\">Todas las transacciones realizadas con partes vinculadas se realizan en condiciones de mercado e independencia mutua.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithRelatedPartiesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-566": {
   "value": "<div><div class=\"ps1909_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:23.46pt\">20.3.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7339\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:12.54pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:373.27pt\">Transacciones con personal directivo y miembros del Consejo de Administraci\u00f3n</span></div><div class=\"ps1284_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">El importe de la remuneraci\u00f3n de los Consejeros por su condici\u00f3n de tales (remuneraci\u00f3n fija y las dietas por asistencia a</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1620_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:281.45pt\">consejos y comisiones) de los diferentes consejeros, en los ejercicios </span><span class=\"f charStyle-f47c836a ps7340\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7341\" style=\"width:9.85pt\"> y </span><span class=\"f charStyle-f47c836a ps7342\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7343\" style=\"width:63.97pt\"> es el siguiente:</span></div><div class=\"ps5425_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss775_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:276.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:99.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7345_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps5873 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2466\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11623 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros externos independientes</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7347_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">692</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7348_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">753</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Fco Javier Campo Garc\u00eda</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7349_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">69</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Fernando D\u00b4Ornellas Silva</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7350_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">100</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7351_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">116</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11099 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Carina Szpilka L\u00e1zaro</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7352_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7353_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">134</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps8239 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. M\u00aa Cristina Henr\u00edquez de Luna Basagoiti</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7354_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7355_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">107</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4983 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Cristina Aldamiz-Echevarr\u00eda Gonz\u00e1lez de Durana</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7356 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7357 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">148</span></div></div></div></td></tr><tr style=\"height:12.75pt\"><td style=\"padding:0\"><div class=\"ps1255 ss771_1\"><div><div class=\"ps964 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. Montserrat Trap\u00e9 Viladomat</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7358 ss772_1\"><div><div class=\"ps964 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7359 ss772_1\"><div><div class=\"ps964 ss49\"><span class=\"f charStyle-f47c836a ps4677\">145</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps2644 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Crist\u00f3bal Vald\u00e9s Guinea</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7360 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7361 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">34</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps1732 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros\u00a0 dominicales</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7362 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">275</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7363_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7346\">346</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps364 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Luis Mar\u00eda D\u00edaz de Bustamante y Terminel</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7364 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">130</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7365 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps4677\">151</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps4438 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Escarrer Juli\u00e1</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7366_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">60</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7367 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D\u00f1a. M\u00aa Mercedes Escarrer Jaume </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7368 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7369 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">34</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"><div class=\"ps1752 ss773_1\"><div><div class=\"ps958 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Hoteles Mallorquines Agrupados S.L.</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7371 ss774_1\"><div><div class=\"ps958 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">29</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1013 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Alfredo Pastor Bodmer</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7372 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7373_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">72</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7704 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejero ejecutivo</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7375_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7374\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7376_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps7374\">72</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1772 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Juan Escarrer Jaume</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7377_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">73</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7378_1 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-f47c836a ps6618_1\">72</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7379_1 ss770_1\"><div><div class=\"ps482 ss769_1\"><span class=\"f charStyle-4ed8e3ec ps267\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7381 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2139\">1.040</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7382 ss438\"><div><div class=\"ps482 ss49\"><span class=\"f charStyle-4ed8e3ec ps2139\">1.171</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7385 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:471.7pt\">Durante el ejercicio 2025, se han producido los siguientes cambios en la composici\u00f3n del Consejo de Administraci\u00f3n:</span><span class=\"f charStyle-f47c836a ps7384_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7387_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">a<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Ratificaci\u00f3n y reelecci\u00f3n de D. Crist\u00f3bal Vald\u00e9s Guinea, como Consejero Externo Independiente.</span></div><div class=\"ps7388_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">b<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Ratificaci\u00f3n y reelecci\u00f3n de D\u00f1a. Mar\u00eda Mercedes Escarrer Jaume, como Consejera Externa Dominical.</span></div><div class=\"ps5048_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">c<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Reelecci\u00f3n de D\u00f1a. Carina Szpilka L\u00e1zaro como Consejera Externa Independiente.</span></div><div class=\"ps5050_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">d<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Nombramiento de D\u00f1a. Montserrat Trap\u00e9 Viladomat como Vicepresidenta Primera.</span></div><div class=\"ps5883 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-f47c836a ps7386_1\">e<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\">Nombramiento de D\u00f1a. Cristina Ald\u00e1miz-Echevarr\u00eda Gonz\u00e1lez de Durana como Vicepresidenta Segunda</span></div><div class=\"ps7390_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:383.59pt\">El importe correspondiente a la retribuci\u00f3n de los consejeros ejecutivos y la alta direcci\u00f3n (a</span><span class=\"f charStyle-f47c836a ps7389\" style=\"width:131.94pt\"> estos efectos, se considera alta</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7392_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:32.24pt\">direcci\u00f3</span><span class=\"f charStyle-f47c836a ps7391\" style=\"width:483.36pt\">n a los miembros del Comit\u00e9 Ejecutivo del grupo, tambi\u00e9n denominado Senior Executive Team (SET) y, a efectos del</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7393_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">presente Informe, y siguiendo las instrucciones de la Circular 3/2021, de 28 de septiembre, de la CNMV, tambi\u00e9n se</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7394_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">entender\u00e1n incluidos en el concepto de alta direcci\u00f3n, aquellos directivos que tengan dependencia jer\u00e1rquica del Presidente y</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps7399_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:309.85pt\">Consejero Delegado, y el responsable de Auditor\u00eda Interna) en los ejercicios </span><span class=\"f charStyle-f47c836a ps7395\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps7396\" style=\"width:9.99pt\"> y </span><span class=\"f charStyle-f47c836a ps7397\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7398\" style=\"width:157.99pt\"> es el siguiente, atendiendo a importes</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7401_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:50.12pt\">devengados:</span><span class=\"f charStyle-f47c836a ps7400\" style=\"width:5.42pt\">\u00a0 </span></div><div class=\"ps7433 ss0_2\"><div class=\"ss780_1 ws0 ps7432\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:217.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:69.75pt\"></td></tr><tr style=\"height:18pt\"><td rowspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss776_1\"><div><div class=\"ps7404_1 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps7403\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps4019_1 ss670\"><div><div class=\"ps4339_1 ss518\"><span class=\"f charStyle-4ed8e3ec ps7405\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7406_1 ss670\"><div><div class=\"ps4339_1 ss518\"><span class=\"f charStyle-4ed8e3ec ps7405\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td colspan=\"3\" style=\"background-color:#ffffff;padding:0\"></td></tr><tr style=\"height:27.75pt\"><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7409 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps14565\">Fija</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7410 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps3359\">Variable</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7411 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps14565\">Fija</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7412 ss779_1\"><div><div class=\"ps6928_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps7407\">Retribuci\u00f3n </span></div><div class=\"ps6929_1 ss60\"><span class=\"f charStyle-4ed8e3ec ps3359\">Variable</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps11190 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Consejeros ejecutivos</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7414_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7415_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.073</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7416_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.004</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7418 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5982\">694</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11297 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-f47c836a ps276\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 D. Gabriel Juan Escarrer Jaume</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"><div class=\"ps7419_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">1.004</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7420 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">2.073</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7421 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps11484\">1.004</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7422 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-f47c836a ps14926\">694</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps2509 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps267\">Alta direcci\u00f3n</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7423 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.603</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps14657 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.591</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7425 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">2.208</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7426 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps5982\">928</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2516 ss422_1\"><div><div class=\"ps482 ss416_1\"><span class=\"f charStyle-4ed8e3ec ps7427_1\">TOTAL</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7428 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.607</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps14666 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">5.665</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7430_1 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">3.212</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps7431 ss127_1\"><div><div class=\"ps482 ss60\"><span class=\"f charStyle-4ed8e3ec ps7413\">1.622</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7434 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Asimismo, el importe indicado respecto a la remuneraci\u00f3n total de la Alta Direcci\u00f3n y del Consejero Ejecutivo incluye la parte</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7435_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">correspondiente a la retribuci\u00f3n variable a largo plazo correspondiente al Plan Director 2022-2024, cuyo devengo se ha</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7436 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">producido durante el ejercicio 2025. Durante el presente ejercicio, se ha aprobado el Plan Director 2025-2027 dirigido al</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7437 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Presidente y Consejero Delegado, a los miembros del Comit\u00e9 de Direcci\u00f3n y otros empleados clave, siendo un colectivo de un</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7439 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:308.74pt\">m\u00e1ximo de 50 beneficiarios y un importe m\u00e1ximo de 13,5 millones de euros.</span><span class=\"f charStyle-f47c836a ps7438_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7440_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">Adicionalmente, el Presidente y Consejero Delegado (\u00fanico Consejero Ejecutivo de la Sociedad) ha devengado 88 miles de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7442 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:361.64pt\">euros en el ejercicio 2025 relativos a sistemas de ahorro a largo plazo y otros conceptos.</span><span class=\"f charStyle-f47c836a ps7441_1\" style=\"width:153.89pt\"> El importe devengado por los mismos</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7443_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:244.63pt\">conceptos en el ejercicio 2024 ascendi\u00f3 a 87 miles de euros.</span></div></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">La Compa\u00f1\u00eda no ha asumido ning\u00fan tipo de obligaci\u00f3n y no ha satisfecho ning\u00fan tipo de anticipo o cr\u00e9dito a los administradores</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">a fecha de formulaci\u00f3n de las cuentas anuales consolidadas. Por otra parte, el Grupo tiene contratada una p\u00f3liza de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps1408 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">responsabilidad civil (D&amp;O) para administradores y directivos, con las condiciones habituales para este tipo de seguros, con</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:143.13pt\">una prima imputable al ejercicio </span><span class=\"f charStyle-f47c836a ps6922\" style=\"width:18.84pt\">2025</span><span class=\"f charStyle-f47c836a ps6923\" style=\"width:189.9pt\"> de 224.140,88\u00a0 euros, 302.279,25 euros en </span><span class=\"f charStyle-f47c836a ps7446\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7447_1\" style=\"width:7.65pt\">. </span><span class=\"f charStyle-f47c836a ps7448_1\" style=\"width:137.14pt\">No se realizan pagos basados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:37.75pt\">acciones.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-567": {
   "value": "<span class=\"f charStyle-f47c836a ps7448_1\" style=\"width:137.14pt\">No se realizan pagos basados en</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span><div class=\"ps1514_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:37.75pt\">acciones.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-568": {
   "value": "<div class=\"ps7449_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 21.</span><span class=\"f charStyle-f5888a39\"><span class=\"ps4132_1\"><span style=\"display:inline-block;height:11.34pt;width:9.54pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Activos y Pasivos Contingentes</span></div><div class=\"ps7450 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">El Grupo mantiene compromisos con terceros no reconocidos en el Balance consolidado, debido a la escasa probabilidad de</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7451_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">que en un futuro conlleven la salida de recursos econ\u00f3micos, o porque dichos compromisos no deban ser reconocidos en</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps1624_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.18pt\">aplicaci\u00f3n de la normativa vigente. A continuaci\u00f3n, se detallan dichos activos y pasivos contingentes por importes y conceptos.</span></div><div class=\"ps7454_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-aa796863 ps12591\">21.1.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7452\"><span style=\"display:inline-block;height:6.8pt;width:0.93pt\"></span></span><span class=\"ps1205\"> </span></span><span class=\"f charStyle-aa796863 ps7453\">Activos contingentes</span></div><div class=\"ps1938 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.54pt\">El Grupo mantiene reclamaciones interpuestas contra terceros en compensaci\u00f3n por los da\u00f1os sufridos por el cierre de hoteles</span><span class=\"f charStyle-f47c836a ps1143_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1627_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">ocurrido durante la pandemia sanitaria de 2020 y, sobre las que considera existen argumentos t\u00e9cnicos razonables para</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2570_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">obtener una eventual resoluci\u00f3n favorable en sede judicial. No obstante, los Administradores de la Sociedad, apoy\u00e1ndose en</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2546 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">un criterio de prudencia, no consideran que por el momento se cumplan los requisitos establecidos en la normativa aplicable</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1846 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:204.88pt\">para su reconocimiento en el Balance consolidado.</span></div><div class=\"ps7456_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.56pt\">21.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7455\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.44pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:83.85pt\">Garant\u00edas y avales</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El Grupo garantiza varias operaciones a trav\u00e9s de avales bancarios y por conceptos varios, por importe de 49,8 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:271.33pt\">euros al 31 de diciembre de 2025 (45,9 millones de euros en 2024).</span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo tiene otorgados garant\u00edas y avales bancarios por operaciones de entidades asociadas y negocios conjuntos por valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:194.17pt\">de 0,3 millones de euros (mismo valor en 2024).</span></div><div class=\"ps7458_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.55pt\">21.3.</span><span class=\"f charStyle-f47c836a ps1963_1\" style=\"width:2.71pt\"> </span><span class=\"f charStyle-aa796863 ps7457\" style=\"width:96.66pt\">Pasivos contingentes</span></div><div class=\"ps1713 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">Corporaci\u00f3n Hotelera Metor, S.A., entidad dependiente participada en un 76%, tiene abiertos litigios con su accionista</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1744 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">minoritario, en reclamaci\u00f3n de nulidad de todos los acuerdos y transacciones realizadas con \u00e9l. La Compa\u00f1\u00eda viene realizando</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1745_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">las acciones necesarias para que la resoluci\u00f3n de dichos litigios no suponga un impacto significativo en los estados financieros</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7459_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">consolidados del Grupo. Adem\u00e1s, no existe una valoraci\u00f3n econ\u00f3mica, pues se trata de un contencioso sobre el control y la</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><span class=\"f charStyle-f47c836a ps12591\" style=\"width:194.29pt\">impugnaci\u00f3n de determinados acuerdos sociales</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-569": {
   "value": "<div class=\"ps7456_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-aa796863 ps12591\" style=\"width:21.56pt\">21.2.</span><span class=\"f charStyle-aa796863\"><span class=\"ps7455\" style=\"width:0pt\"><span style=\"display:inline-block;height:6.8pt;width:14.44pt\"></span></span></span><span class=\"f charStyle-aa796863 ps1908\" style=\"width:83.85pt\">Garant\u00edas y avales</span></div><div class=\"ps1630_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">El Grupo garantiza varias operaciones a trav\u00e9s de avales bancarios y por conceptos varios, por importe de 49,8 millones de</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1631_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:271.33pt\">euros al 31 de diciembre de 2025 (45,9 millones de euros en 2024).</span></div><div class=\"ps1679_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">El Grupo tiene otorgados garant\u00edas y avales bancarios por operaciones de entidades asociadas y negocios conjuntos por valor</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1680_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:194.17pt\">de 0,3 millones de euros (mismo valor en 2024).</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-570": {
   "value": "<div class=\"ps7465_1 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 22.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps7464\"><span style=\"display:inline-block;height:11.34pt;width:7.49pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Otra Informaci\u00f3n</span></div><div class=\"ps1721 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Situaciones de conflictos de inter\u00e9s de los administradores:</span></div><div class=\"ps1200_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.49pt\">En relaci\u00f3n con los requerimientos de los art\u00edculos 229 y 230 del Texto Refundido de la Ley de Sociedades de Capital, los</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1201 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">miembros del Consejo de Administraci\u00f3n han confirmado que ni ellos, ni las personas a ellos vinculadas a las que se refiere el<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> <span class=\"f ps9\"> </span></span></div><div class=\"ps1202_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">art\u00edculo 231 de la mencionada Ley, desarrollan actividades por cuenta propia o cuenta ajena que entra\u00f1en una competencia</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps1203 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">efectiva, sea actual o potencial, con la Compa\u00f1\u00eda o que, de cualquier otro modo, le sit\u00faen en un conflicto permanente con los</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1724 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:266.28pt\">intereses de la misma, a excepci\u00f3n de lo indicado a continuaci\u00f3n:</span></div><div class=\"ps1271_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps7386_1\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.62pt\">Don Gabriel Escarrer Jaume (Presidente y Consejero Delegado): en aquellos acuerdos o decisiones del Consejo de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1272 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.49pt\">Administraci\u00f3n relativos a su retribuci\u00f3n (fijaci\u00f3n de su retribuci\u00f3n variable,etc.). En dichos asuntos, el Sr. Consejero</span><span class=\"f charStyle-f47c836a ps1162\" style=\"width:2.71pt\"> </span></div><div class=\"ps1273_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:384.79pt\">Gabriel Escarrer Jaume se abstuvo de participar en la deliberaci\u00f3n y votaci\u00f3n correspondiente.</span></div><div class=\"ps1832_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps7386_1\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.62pt\">D\u00f1a. Cristina Ald\u00e1miz-Echevarr\u00eda Gonz\u00e1lez de Durana: en aquellos acuerdos o decisiones del Consejo de</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1729_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.57pt\">Administraci\u00f3n relativos a la propuesta de nombramiento como Vicepresidenta segunda del Consejo de</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2564_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.6pt\">Administraci\u00f3n. En dichos asuntos, la Sra. Consejera Ald\u00e1miz-Echevarr\u00eda se abstuvo de participar en la deliberaci\u00f3n y</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps4128 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:105.62pt\">votaci\u00f3n correspondiente.</span></div><div class=\"ps4129 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps7386_1\" style=\"width:4.71pt\">\u2022<span class=\"f ps9\"> </span></span><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.53pt\">D\u00f1a. Montserrat Trap\u00e9 Viladomat: en aquellos acuerdos o decisiones del Consejo de Administraci\u00f3n relativos a la</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps4130 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:479.6pt\">propuesta de nombramiento como Vicepresidenta primera del Consejo de Administraci\u00f3n. En dichos asuntos, la Sra.</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps4131 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps1908\" style=\"width:356.79pt\">Consejera Trap\u00e9 se abstuvo de participar en la deliberaci\u00f3n y votaci\u00f3n correspondiente.</span></div><div class=\"ps1220_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">Las participaciones accionariales directas o indirectas, controladas por miembros del Consejo de Administraci\u00f3n de la</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps1221 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:115.49pt\">Compa\u00f1\u00eda son las siguientes:</span><span class=\"f charStyle-f47c836a ps7466\" style=\"width:2.71pt\"> </span></div><div class=\"ps3110 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:181.5pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:95.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:83.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:146.25pt\"></td></tr><tr style=\"height:14.25pt\"><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss782_1\"><div><div class=\"ps3144_1 ss824\"><span class=\"f charStyle-4ed8e3ec ps7467\">Consejero</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7471_1 ss783_1\"><div><div class=\"ps7469 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps7468\">N\u00ba derechos de voto </span></div><div class=\"ps7470_1 ss580_1\"><span class=\"f charStyle-4ed8e3ec ps1860\">directos \u00f3 indirectos</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss785_1\"><div><div class=\"ps7469 ss255\"><span class=\"f charStyle-4ed8e3ec ps313\">% del total de </span></div><div class=\"ps7470_1 ss255\"><span class=\"f charStyle-4ed8e3ec ps7472\">derechos de voto</span></div></div></div></td><td style=\"padding:0\"></td><td rowspan=\"2\" style=\"background-color:#005d55;padding:0\"><div class=\"ps7474_1 ss787_1\"><div><div class=\"ps3144_1 ss786_1\"><span class=\"f charStyle-4ed8e3ec ps7473\">Cargo en el Consejo</span></div></div></div></td></tr><tr style=\"height:14.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps6264 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D. Gabriel Escarrer Jaume</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7476_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps7475\">1.084.922</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7478_1 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,4923%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7479_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Presidente y Consejero Delegado</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps816 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D. Luis M\u00aa D\u00edaz de Bustamante y Terminel</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7480 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps1954\">300</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7481 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0001%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7482 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Secretario y Consejero</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps7153 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D. Alfredo Pastor Bodmer</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7484_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps7483\">6.000</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6890_1 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0027%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7485_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Consejero</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps3823 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Montserrat Trap\u00e9 Viladomat</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7486 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps1029\">14.500</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7487_1 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0066%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7488_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Consejera</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1117 ss788_1\"><div><div class=\"ps482 ss824\"><span class=\"f charStyle-f47c836a ps267\">D\u00f1a. Mercedes Escarrer Jaume</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7489_1 ss584_1\"><div><div class=\"ps482 ss580_1\"><span class=\"f charStyle-f47c836a ps1029\">33.333</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7490 ss789_1\"><div><div class=\"ps482 ss255\"><span class=\"f charStyle-f47c836a ps7477\">0,0151%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7491_1 ss790_1\"><div><div class=\"ps482 ss786_1\"><span class=\"f charStyle-f47c836a ps267\">Consejera</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7492 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Los Administradores y personas vinculadas a los mismos, aparte de los mencionados, o personas actuando por cuenta de \u00e9stos,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7493_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.5pt\">no han realizado durante el ejercicio otras operaciones con la sociedad dominante, o con otras sociedades de su Grupo, ajenas</span><span class=\"f charStyle-f47c836a ps1167\" style=\"width:2.71pt\"> </span></div><div class=\"ps7494 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:264.59pt\">a su tr\u00e1fico ordinario o al margen de las condiciones de mercado.</span></div><div class=\"ps7495_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-8dfb1947 ps12591\">Informaci\u00f3n sobre los aplazamientos de pago efectuados a proveedores</span></div><div class=\"ps7496_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">Se ofrece a continuaci\u00f3n la informaci\u00f3n requerida por la Disposici\u00f3n adicional tercera de la Ley 18/2022, de 28 de septiembre,</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps7497_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">de creaci\u00f3n y crecimiento de empresas y Ley 15/2010, de 5 de julio (modificada a trav\u00e9s de la Disposici\u00f3n final segunda de la</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7498 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.53pt\">Ley 31/2014, de 3 de diciembre) preparada conforme a la Resoluci\u00f3n del ICAC de 29 de enero de 2016, sobre la informaci\u00f3n a</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7499_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.62pt\">incorporar en la memoria de las cuentas anuales en relaci\u00f3n con el periodo medio de pago a proveedores en operaciones</span><span class=\"f charStyle-f47c836a ps1137_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7500 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:181.14pt\">comerciales, para los ejercicios 2025 y 2024:</span></div><div class=\"ps7506 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:279.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps2050 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2025</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps4593_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2024</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Periodo medio de pago a proveedores</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6584 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">57,25</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14496 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">56,17</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Ratio de las operaciones pagadas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6586 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">55,15</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6587 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps15337\">53,89</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps1485 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-f47c836a ps267\">Ratio de las operaciones pendientes de pago</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7501_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">109,43</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7502 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps9284\">116,61</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps12469 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps7503\">TOTAL PAGOS REALIZADOS</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps7504_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">680.340</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps4620_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6589_1\">605.372</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps5066 ss113_1\"><div><div class=\"ps1746 ss110_1\"><span class=\"f charStyle-4ed8e3ec ps7505\">TOTAL PAGOS PENDIENTES</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6894_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">27.415</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#8e8783;padding:0\"><div class=\"ps6895 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps6862\">22.884</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7507_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:462.8pt\">A continuaci\u00f3n, se detalla el volumen monetario y n\u00famero de facturas pagadas dentro del plazo legal establecido:</span></div><div class=\"ps7512_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss152 ws0 ps7511_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:300pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:114.75pt\"></td></tr><tr style=\"height:15pt\"><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-4ed8e3ec ps267\">(miles de \u20ac)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"background-color:#005d55;padding:0\"><div class=\"ps1999 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-4ed8e3ec ps7006_1\">2025</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps11623 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">Volumen monetario</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2002_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">329.826</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps650 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">Porcentaje sobre el total de pagos realizados</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2005 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps7508_1\">48,48%</span></div></div></div></td></tr><tr style=\"height:3pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps667_1 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">N\u00famero de facturas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7509_1 ss726_1\"><div><div class=\"ps1746 ss725_1\"><span class=\"f charStyle-f47c836a ps6583\">217.099</span></div></div></div></td></tr><tr style=\"height:15pt\"><td style=\"padding:0\"><div class=\"ps12469 ss106_1\"><div><div class=\"ps1746 ss718\"><span class=\"f charStyle-f47c836a ps267\">Porcentaje sobre el total de facturas</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7510 ss726_1\"><div><div class=\"ps482 ss725_1\"><span class=\"f charStyle-f47c836a ps7508_1\">41,93%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps7513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:96.38pt\">Honorarios de auditor\u00eda</span></div><div class=\"ps7514 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Los honorarios correspondientes a la auditor\u00eda de la sociedad dominante y de las sociedades dependientes que forman parte de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">las cuentas anuales consolidadas han ascendido a 1.331 miles de euros, de los cuales Deloitte Auditores, S.L. en Espa\u00f1a ha</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7516 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">facturado 659 miles de euros. A nivel internacional, Deloitte ha facturado 482 miles de euros. Los 190 miles de euros restantes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7517_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">corresponden a otras firmas de auditor\u00eda. Adicionalmente los honorarios facturados en el ejercicio por otros servicios</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7518_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">prestados a la sociedad dominante y a sociedades dependientes por cualquier empresa perteneciente a la misma red de los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7520_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.98pt\">auditores de las cuentas anuales consolidadas han ascendido a 329 mil euros.</span><span class=\"f charStyle-f47c836a ps7519_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En aplicaci\u00f3n de las disposiciones de excepci\u00f3n del art\u00edculo 264, apartado 3, del C\u00f3digo de Comercio alem\u00e1n HGB, las filiales</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps7522 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">nacionales alemanas Sol Melia Deutschland GmbH, AG D\u00fcsseldorf, HRB 66940, y HotelBetriebsHorizonte Tramuntana GmbH,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7523_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">HRB 107042,\u00a0 consolidadas por el m\u00e9todo de la integraci\u00f3n global, han hecho uso de las disposiciones de exenci\u00f3n para el</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.28pt\">ejercicio 2025.</span></div><div class=\"ps7526_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.29pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps7524_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7525\" style=\"width:435.4pt\">, los honorarios correspondientes a la auditor\u00eda de la sociedad dominante y de las sociedades dependientes</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5980_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">que formaron parte de las cuentas anuales consolidadas ascendieron a 1.264 miles de euros, de los cuales Deloitte Auditores,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7527_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">S.L., en Espa\u00f1a, factur\u00f3 610 miles de euros. A nivel internacional, Deloitte factur\u00f3 473 miles de euros. Los 181 miles de euros</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7530 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:417.03pt\">restantes correspondieron a otras firmas de auditor\u00eda. Adicionalmente los honorarios facturados en </span><span class=\"f charStyle-f47c836a ps7528_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7529\" style=\"width:79.69pt\"> por otros servicios</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7531_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">prestados a\u00a0 la sociedad dominante y a sociedades dependientes por cualquier empresa perteneciente a la misma red de los</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps7532 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:303.02pt\">auditores de las cuentas anuales consolidadas ascendieron a 230 mil euros.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAdditionalInformationExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-571": {
   "value": "<div class=\"ps7513_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-8dfb1947 ps12591\" style=\"width:96.38pt\">Honorarios de auditor\u00eda</span></div><div class=\"ps7514 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.56pt\">Los honorarios correspondientes a la auditor\u00eda de la sociedad dominante y de las sociedades dependientes que forman parte de</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7515_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.52pt\">las cuentas anuales consolidadas han ascendido a 1.331 miles de euros, de los cuales Deloitte Auditores, S.L. en Espa\u00f1a ha</span><span class=\"f charStyle-f47c836a ps1365_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7516 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.46pt\">facturado 659 miles de euros. A nivel internacional, Deloitte ha facturado 482 miles de euros. Los 190 miles de euros restantes</span><span class=\"f charStyle-f47c836a ps1199_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7517_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.51pt\">corresponden a otras firmas de auditor\u00eda. Adicionalmente los honorarios facturados en el ejercicio por otros servicios</span><span class=\"f charStyle-f47c836a ps1192_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7518_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.57pt\">prestados a la sociedad dominante y a sociedades dependientes por cualquier empresa perteneciente a la misma red de los</span><span class=\"f charStyle-f47c836a ps1232_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7520_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:311.98pt\">auditores de las cuentas anuales consolidadas han ascendido a 329 mil euros.</span><span class=\"f charStyle-f47c836a ps7519_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7521_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.44pt\">En aplicaci\u00f3n de las disposiciones de excepci\u00f3n del art\u00edculo 264, apartado 3, del C\u00f3digo de Comercio alem\u00e1n HGB, las filiales</span><span class=\"f charStyle-f47c836a ps1159\" style=\"width:2.71pt\"> </span></div><div class=\"ps7522 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.6pt\">nacionales alemanas Sol Melia Deutschland GmbH, AG D\u00fcsseldorf, HRB 66940, y HotelBetriebsHorizonte Tramuntana GmbH,</span><span class=\"f charStyle-f47c836a ps1176\" style=\"width:2.71pt\"> </span></div><div class=\"ps7523_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.58pt\">HRB 107042,\u00a0 consolidadas por el m\u00e9todo de la integraci\u00f3n global, han hecho uso de las disposiciones de exenci\u00f3n para el</span><span class=\"f charStyle-f47c836a ps1152_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5978 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:60.28pt\">ejercicio 2025.</span></div><div class=\"ps7526_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:61.29pt\">En el ejercicio </span><span class=\"f charStyle-f47c836a ps7524_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7525\" style=\"width:435.4pt\">, los honorarios correspondientes a la auditor\u00eda de la sociedad dominante y de las sociedades dependientes</span><span class=\"f charStyle-f47c836a ps1148_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps5980_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">que formaron parte de las cuentas anuales consolidadas ascendieron a 1.264 miles de euros, de los cuales Deloitte Auditores,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps7527_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">S.L., en Espa\u00f1a, factur\u00f3 610 miles de euros. A nivel internacional, Deloitte factur\u00f3 473 miles de euros. Los 181 miles de euros</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps7530 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:417.03pt\">restantes correspondieron a otras firmas de auditor\u00eda. Adicionalmente los honorarios facturados en </span><span class=\"f charStyle-f47c836a ps7528_1\" style=\"width:18.84pt\">2024</span><span class=\"f charStyle-f47c836a ps7529\" style=\"width:79.69pt\"> por otros servicios</span><span class=\"f charStyle-f47c836a ps1244\" style=\"width:2.71pt\"> </span></div><div class=\"ps7531_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.59pt\">prestados a\u00a0 la sociedad dominante y a sociedades dependientes por cualquier empresa perteneciente a la misma red de los</span><span class=\"f charStyle-f47c836a ps1237\" style=\"width:2.71pt\"> </span></div><div class=\"ps7532 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:303.02pt\">auditores de las cuentas anuales consolidadas ascendieron a 230 mil euros.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-572": {
   "value": "<div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7 ps12591\">Nota 23.</span><span class=\"f charStyle-25f88cd7\"><span class=\"ps7533\"><span style=\"display:inline-block;height:11.34pt;width:7.52pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Acontecimientos Posteriores al Cierre</span></div><div class=\"ps2028 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.61pt\">Con fecha 17 de febrero de 2026 el Grupo ha formalizado un pr\u00e9stamo sindicado por importe de 800 millones de euros,</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2029 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:106.52pt\">estructurado en formato </span><span class=\"f charStyle-6f7c0cc4 ps7534_1\" style=\"width:38.81pt\">club deal</span><span class=\"f charStyle-f47c836a ps7535\" style=\"width:370.28pt\"> y liderado por tres entidades financieras nacionales, con el objetivo de reorganizar la</span><span class=\"f charStyle-f47c836a ps1154_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2030 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.48pt\">financiaci\u00f3n existente, sin incrementar el endeudamiento. Tras esta operaci\u00f3n, el Grupo ha simplificado y optimizado su</span><span class=\"f charStyle-f47c836a ps1178\" style=\"width:2.71pt\"> </span></div><div class=\"ps2031 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:499.85pt\">estructura de deuda y el perfil de sus vencimientos financieros, posponiendo aquellos m\u00e1s relevantes a partir del a\u00f1o 2030.</span></div><div class=\"ps7536 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.45pt\">El Grupo ha utilizado los fondos del nuevo pr\u00e9stamo, junto con la caja disponible, para la cancelaci\u00f3n anticipada de 19</span><span class=\"f charStyle-f47c836a ps1478_1\" style=\"width:2.71pt\"> </span></div><div class=\"ps2033 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:515.55pt\">pr\u00e9stamos bancarios, cuyo nominal pendiente a 31 de diciembre de 2025 ascend\u00eda a 820,3 millones de euros. A fecha de</span><span class=\"f charStyle-f47c836a ps1189\" style=\"width:2.71pt\"> </span></div><div class=\"ps1622_1 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:450.87pt\">formulaci\u00f3n de las presentes cuentas anuales consolidadas, los mencionados pr\u00e9stamos ya han sido cancelados.</span><span class=\"f charStyle-f47c836a ps7537\" style=\"width:2.71pt\"> </span></div><div class=\"ps2470 ss0_2\" style=\"font-size:12pt;text-align:justify;text-align-last:var(--justify)\"><span class=\"f charStyle-f47c836a ps12591\" style=\"width:330.16pt\">El hecho descrito no afecta a las cuentas anuales consolidadas del ejercicio 2025.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-573": {
   "value": "<div><div id=\"i9aa16361c5b64536bd341feca7d5b17c_94\" style=\"position:absolute;top:45.35pt\"></div><div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7\"><span class=\"ps12591\">Anexo 1.<span style=\"display:inline-block;height:11.34pt;width:7.32pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Entidades Dependientes</span></div><div class=\"ps472 ss0_2\"><div class=\"ss804_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:140.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:42.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:24.75pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss793_1\"><div><div class=\"ps7540_1 ss792_1\"><span class=\"f charStyle-ac1283de ps7539\">SOCIEDADES EXPLOTADORAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2945 ss795_1\"><div><div class=\"ps7540_1 ss3\"><span class=\"f charStyle-ac1283de ps7542\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps10813 ss472_1\"><div><div class=\"ps7540_1 ss471_1\"><span class=\"f charStyle-ac1283de ps2950\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2455 ss435_1\"><div><div class=\"ps7540_1 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7547 ss435_1\"><div><div class=\"ps7540_1 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps23_2 ss435_1\"><div><div class=\"ps7540_1 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8399 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7550_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">AYOSA HOTELES, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7551_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7552_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7553_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps35_2 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1096 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7554_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">BISOL VALLARTA, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7555_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Paseo de la Marina Sur (Puerto Vallarta)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7556_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7557_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7558_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7123 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7559_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CIBANCO SA IBM FIDEICOMISO EL MEDANO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7560_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Playa El Medano s/n, (Cabo San Lucas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7561_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7563_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7564_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2502 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7565_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7566_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">COL\u00d3N VERONA,S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7567_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Canalejas, 1 (Sevilla)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7568_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7569_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7570_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7571_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">COM.PROP. SOL Y NIEVE (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7572_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Plaza del Prado Llano (Sierra Nevada)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7573_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7574_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">97,85%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7575_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">97,85%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps613 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7576_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CORP.HOTELERA METOR, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7577_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Faustino S\u00e1nchez Carri\u00f3n s/n (Lima)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7578_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Per\u00fa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7579_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,87%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7580_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,87%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps842 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7583_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CRISALIAN, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7584_1 ss798_1\"><div><div class=\"ps7581_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Pso del club deportivo, 1 (Pozuelo de Alarc\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7585_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7586_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7588_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">3,75%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7589_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">53,75%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7590_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7591_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">DESARROLLOS SOL, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7592_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7593_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7594_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7595_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1725 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7596_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">EXPLOTACIONES ROSOTEL, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7597_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7598_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7599_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7600_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7602 ss801_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTELBETRIEBSHORIZONTE TRAMUNTANA </span></div><div class=\"ps7601 ss792_1\"><span class=\"f charStyle-12153463 ps267\">GMBH</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7603 ss802_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Am Schimmersfeld</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7604 ss803_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7605 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7606 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6058 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7608_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7609_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ALEXANDER, S. A. S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7610_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7611_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7612_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7613_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3554 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7614_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7615_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL COLBERT S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7616_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7617_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7618_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7619_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11722 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7620_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7621_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL FRANCOIS S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7622_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7623_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7624_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7625_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps15807 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7627_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7628_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL MADELEINE PALACE, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7629_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">8, Rue Cambon 75001 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7630_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7631_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7632_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11209 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7633_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7634_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ROYAL ALMA S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7635_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7636_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7637_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7638_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps16016 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7640_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INFINITY VACATIONS DOMINICANA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7641_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Instal.Hotel Circle,Avda.Barcel\u00f3,B\u00e1varo (P.Cana)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7642_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep.Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7643_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7644_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7645_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INNSIDE VENTURES, LLC</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7646_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">1029, Orange St. Wilmington (Delaware)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7647_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7648_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7649_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps9449 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7650_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7651_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERS. EXP. TURISTICAS, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7652_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7653 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7654 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">54,93%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7655 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">54,93%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7102_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7656 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERS. INMOB. IAR 1997, C. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7657 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Avenida Casanova con C/ El Recreo (Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7658 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7659 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7660 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7707 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7661 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES AGARA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7662_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7663 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7664_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7665 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7379_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7666_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES AREITO, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7667 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Avda. Barcel\u00f3, s/n (B\u00e1varo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7668_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7669 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7670_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps12682 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7671 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">LOMONDO Limited</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7672_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Albany Street-Regents Park (Londres)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7673 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7674_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7675 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11536 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7676_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">LONDON XXI Limited</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7677 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">336-337 The Strand (Londres)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7678_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Reino Unido</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7679 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7680_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7681_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7682_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 COZUMEL, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7683_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Playa Santa Pilar, Aptdo 9 (Cozumel)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7684_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7685 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7686_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5119 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7688_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7689_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 HOTELS INTERNATIONAL, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7690 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7691_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7692_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7693_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS ORLANDO, LLC.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7694_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7695 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7696_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7697 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps15641 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7698_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">OPERADORA CALA FORMENTOR SA de CV</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7699_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7700 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7701_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7702 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7725 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7704_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PARADISUS LOS CABOS, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7705_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Km 19,5 Ctra. Cabo San Lucas (S.Jose del Cabo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7706_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7707_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7708 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2890 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7709_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PARADISUS PLAYA DEL CARMEN, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7710 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan km.12,5 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7711_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7712_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7713 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7714_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7715_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PETUROLISO, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7716_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7717 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7718_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7719_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps16023 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7721_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">S' ARGAMASSA HOTELERA S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7722_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7723_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7724_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,06%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7725_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">8,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7726_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7150_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7727_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7728 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MANINVEST, B. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7731_1 ss798_1\" style=\"overflow:hidden\"><div><div class=\"ps7729_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Strawinskylaan 915 WTC, Toren A,1077 XX </span></div><div class=\"ps7730 ss3\"><span class=\"f charStyle-12153463 ps267\">(Amsterdam)<span class=\"f ps9\"> </span></span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7732_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7733 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7734_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7735 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 DEUTSCHLAND, gmbh</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7736_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Am Schimmersfeld 5 (Ratingen)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7737_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Alemania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7738_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7739_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8217 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7741_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 ITALIA S.R.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7742_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Via Masaccio 19 (Mil\u00e1n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7743_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Italia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7744 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7745_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7746 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7747_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 LUXEMBOURG, S.A.R.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7748_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">1 Park Drai Eechelen, L1499</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7749_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Luxemburgo</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7750 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7751_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2737 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7752_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7753 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">TENERIFE SOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7754_1 ss798_1\"><div><div class=\"ps3215_1 ss3\"><span class=\"f charStyle-12153463 ps267\">Playa de las Am\u00e9ricas (Tenerife)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7755_1 ss799_1\"><div><div class=\"ps3215_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7756_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7757 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">48,13%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7758_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">98,13%</span></div></div></div></td></tr></tbody></table></div></div></div></div><div><div class=\"ps253_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss254_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:161.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:38.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps7761\">SOCIEDADES PROPIETARIAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2945 ss805_1\"><div><div class=\"ps7762 ss42_1\"><span class=\"f charStyle-ac1283de ps7763\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps3712 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2951 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7766_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7768_1 ss807_1\"><div><div class=\"ps7762 ss23\"><span class=\"f charStyle-ac1283de ps7767\">TOTAL</span></div></div></div></td></tr><tr style=\"height:3.75pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps27_2 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7769_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7770_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">ADPROTEL STRAND, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7771_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1375_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7772_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">61,80%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7773_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">61,80%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3714 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7774_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">ARESOL CABOS S.A. de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7775_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Km 19,5 Ctra. Cabo San Lucas (S.Jose del Cabo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3720 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7777 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7778_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6874_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7779 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7780_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">BELLVER PROPERTY, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7781_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">C/ Recoletos 3, 1\u00b0 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7782_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7783_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7785_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11292 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7786_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CALA FORMENTOR, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7787_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7788_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7789_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7790_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11455 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7791_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CARIBOTELS DE MEXICO, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7792_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Playa Santa Pilar, Aptdo 9 (Cozumel)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps1384 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7793 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,74%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7794_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14507 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7795_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CORP.HOT.HISP.MEX., S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7796_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan km.12,5 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7797_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7798_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7799_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4045 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7800_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7801_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INV. HOTELERAS LA JAQUITA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7802_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Avda. de los Oc\u00e9anos, s/n (Tenerife)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7803_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7804_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">61,80%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7805_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">61,80%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14598 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7806_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7807_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PEL\u00cdCANOS PROPERTY, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7808_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">C/ Recoletos 3, 1\u00b0 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7809_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7810_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7811_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3838 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7812_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F5)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7813_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">CALA GALDANA PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7814_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3842 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7816_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">61,80%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7817_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">61,80%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7819 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps2309\">SOCIEDADES GESTORAS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7820 ss805_1\"><div><div class=\"ps7762 ss42_1\"><span class=\"f charStyle-ac1283de ps7763\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7821 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7822 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7823 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7824 ss807_1\"><div><div class=\"ps7762 ss23\"><span class=\"f charStyle-ac1283de ps7767\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7684 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7825 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7826_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">APARTOTEL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7827_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7828_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7829 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,79%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7830 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,79%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7831_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">ILHA BELA GESTAO E TURISMO, Ltd.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7832_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">31 de Janeiro, 81 (Funchal - Madeira)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14188 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Portugal</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7834_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7835_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7836_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 BRASIL ADMINISTRACAO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7837_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Avenida Cidade Jardim, 1030 (Sao Paulo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7838_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7839_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7840_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4848 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7841_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 MANAGEMENT, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7842_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7843_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7844_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,99%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7845_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,01%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7846_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7848_1 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELIA SIAM CO. Ltd</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7851_1 ss808_1\"><div><div class=\"ps7849_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Bangna Residence Tower 1st Floor, Sanphawut road, </span></div><div class=\"ps7850_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Bangna Nu</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7852 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Thailandia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7853_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7854 ss458_1\"><div><div class=\"ps7847_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1560 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7856 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MELIA VIETNAM COMPANY LIMITED</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7857 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">13th Floor, Plaza Saigon Building, 39 Le Duan Street, Ben</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7858 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Vietnam</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7859 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7860 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7861 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">NEW CONTINENT VENTURES, Inc.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7862_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">800 Brickell Avenue Suite 1000 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7863 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7864_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7865 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps114_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7866_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">OPERADORA HOTELERA MESOL, S.A. DE C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7867 ss805_1\"><div><div class=\"ps3215_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Blvd. Kukulkan Km 16.5 No 1 T.5. Zona Hot (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7868_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7869_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7870_1 ss807_1\"><div><div class=\"ps3215_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7871_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PT SOL MELI\u00c1 INDONESIA</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7872_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Ed.Plaza Bapindo-Menara Mandiri Lt.16</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7873_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Indonesia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7874_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">95,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7875_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">5,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7876_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7877_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7878_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7879_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MANINVEST, B. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7880_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Strawinskylaan 915 WTC, Toren A,1077 XX (Amsterdam)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7881_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7882_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7883_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7884_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7885_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 BALKANS EAD</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7886_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Regi\u00f3n de Primorski,Golden-Sands-Varna</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7887_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Bulgaria</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7888 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7889 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"><div class=\"ps7712 ss810_1\"><div><div class=\"ps7847_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7890 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 HOTEL MANAG. SHANGHAI CO, LTD.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7891 ss808_1\"><div><div class=\"ps7849_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Suite 13-1A1,13th Floor,Hang Seng Bank Tower,1000 </span></div><div class=\"ps7850_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Lujiazui Ring Road (Shanghai)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7892 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">China</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7893 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7894_1 ss458_1\"><div><div class=\"ps7847_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7895_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 PER\u00da, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7896_1 ss805_1\"><div><div class=\"ps7581_1 ss42_1\"><span class=\"f charStyle-12153463 ps267\">Av. Salaberri, 2599 (San Isidro - Lima)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7897 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Per\u00fa</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7898 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,90%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7899_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,10%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7900_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8012 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss121_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:144pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:42.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:38.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss811_1\"><div><div class=\"ps7762 ss425\"><span class=\"f charStyle-ac1283de ps7901\">SOCIEDADES HOLDINGS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps13235 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps5060 ss799_1\"><div><div class=\"ps7762 ss471_1\"><span class=\"f charStyle-ac1283de ps2950\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps4593_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2054_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7904_1 ss807_1\"><div><div class=\"ps7762 ss23\"><span class=\"f charStyle-ac1283de ps7767\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps7905_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7906_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7907_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">CADSTAR FRANCE, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7908_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">12, Rue du Mont Thabor (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7909 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7910_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7911 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7912_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7913 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">DESARROLLOS HOTELEROS SAN JUAN EXHOLD, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7914_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7915_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7916 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7917 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7918_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7919_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">DOMINICAN INVESTMENTS, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7920_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7921_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7922 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7923 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7924 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7925 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">FARANDOLE, B. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7926 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Eduard Van Beinumstraat, 40 1077 CZ (Amsterdam)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7927 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Holanda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7928 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7929 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7930 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">GESMESOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7931_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Elvira M\u00e9ndez, 10 - Edif. Bco do Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7932_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7009 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7933_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7934_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">HOSPITALITY GROUP SUDAMERICA S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7935 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Manuel Quintana, 32, Piso 7</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7936 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Argentina</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7937_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7938 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7939 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7940_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">HOTELES SOL MELI\u00c1, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2620_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7941_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6895 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7942_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7943_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7944 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">INVERS. HOTELERAS LOS CABOS, S.A.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7945 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7946_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7947_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7948_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5927 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7949_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MELI\u00c1 HOTELS INTERNAT. UK LIMITED</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7950_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Albany Street , Regents Park, London NW1 3UP</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7951_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Gran Breta\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7952_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7953_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7954_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7955 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MELCOM JOINT VENTURE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7956_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Recoletos 3, 1\u00b0 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7957_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14677 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7958_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7959 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7960 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MIA EXHOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2652_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7961 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7962_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">82,26%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7963_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">17,43%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7964_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7965_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7966_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">MUGOLU, S.L</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7967_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Poeta Joan Maragall, 3, 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7968_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7969_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7970_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7971 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7972_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">NEALE EXPA SPAIN, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7973 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7974_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7975_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7976_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8419 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7977_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">OPERADORA MESOL, S. A. de C. V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7978_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Blvd. Kukulkan Km 16.5 No 1 T.5. Zona Hot (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7979_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7980_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7982_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6083 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7983_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7984_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">PUNTA CANA RESERVATIONS, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7985_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7986_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7987_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">75,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7988_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">75,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7989_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7990 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SAN JUAN INVESTMENTS EXHOL, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7991_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7992 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7993_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7994_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps2205_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7995 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7996_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SOL GROUP EXHOL, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7997_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7998_1 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7999_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8000_1 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8001_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8002_1 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SM INVESTMENT EXHOL, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8003_1 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Sarria, 50, 08029 Barcelona</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8004 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14710 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8006 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8007 ss811_1\"><div><div class=\"ps7581_1 ss425\"><span class=\"f charStyle-12153463 ps267\">SOL MELIA VACATION CLUB LLC.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8008 ss813_1\"><div><div class=\"ps7581_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Bickell Avenue, 800 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8009 ss799_1\"><div><div class=\"ps7581_1 ss471_1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8010 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8011 ss807_1\"><div><div class=\"ps7581_1 ss23\"><span class=\"f charStyle-12153463 ps7784\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div></div><div class=\"ps253_1 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss822_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:126.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:141.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:41.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss815_1\"><div><div class=\"ps7762 ss814_1\"><span class=\"f charStyle-ac1283de ps8014\">SOCIEDADES ACTIVIDADES VARIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7419 ss817_1\"><div><div class=\"ps7762 ss816_1\"><span class=\"f charStyle-ac1283de ps10589\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2950 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8016_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8017_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps6018_1 ss818_1\"><div><div class=\"ps7762 ss556\"><span class=\"f charStyle-ac1283de ps12165\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7907_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">BAJA SERVICIOS ADMINISTRATIVOS S.A</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8019 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Ctra Transpeninsular, km 19,5 (Los Cabos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8020 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8021 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8023 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7912_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7913 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">CASINO TAMARINDOS, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8024 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Retama, 3 (Las Palmas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8025_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8026 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8027 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7919_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">CREDIT CONTROL CORPORATION</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8028_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue, 800 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8029 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8030_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8031_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7924 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7925 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">DORPAN, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8032_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8033 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8034_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6037 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8035_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7930 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">GEST.HOT.TURISTICA MESOL</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7435 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 42 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8037 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8038 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8039_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7934_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">GUARAJUBA EMPREENDIMENTOS, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8040 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Jorge Amado s/n, Bah\u00eda</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8041_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Brasil</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8042_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8043_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7939 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7940_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">HOGARES BATLE, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8044 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 42 (Palma de Mca.)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8045_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8046 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">51,49%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8047_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">46,70%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8049 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps8048\">98,19%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps708 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7943_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7944 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL METROPOLITAN, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8050_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">20, Rue du sentier 75002 (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8051 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8052 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6058_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5927 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8053 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7949_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">HOTELPOINT, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7293 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8054_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8055_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8056_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7954_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7955 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">GONPONS INVERSIONES, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8057 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8058 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8059_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8060_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7960 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">IMPACT HOSPITALITY V3NTURES, LLC</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8061_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Celebration Place, 225 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8062_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8063_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8064_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2445 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7966_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">INMOBILIARIA DISTRITO CIAL., C. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8065_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda. venezuela con Casanova (Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8066_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8067_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">89,26%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8068_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps8048\">89,26%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps868 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7971 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7972_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">MELIA EUROPE &amp; MIDDLE EAST, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8070_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8071 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8072_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8073 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7977_1 ss815_1\"><div><div class=\"ps7581_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS ALBANIA, SH. P. K</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8074_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Tirane Rruga Abdi Toptani, Torre Drin, Kati IV,</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8075 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Albania</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8076 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8077_1 ss818_1\"><div><div class=\"ps7581_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7983_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7984_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">NAOLINCO AVIATION,S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8078_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8079_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8080_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8081_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7989_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7990 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">NETWORK INVESTMENTS SPAIN, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8082_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8083_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8084_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8085_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps335_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7995 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7996_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">PRODIGIOS INTERACTIVOS, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8086_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8087_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8088_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8089_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8001_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8002_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">PROYECTOS FINANCIEROS HAYMAN, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8090_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8091_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8092_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8093_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8094_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8007 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">REALIZACIONES TUR\u00cdSTICAS, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4463_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8095_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8096 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">95,97%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8097 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,30%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8099 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps8048\">96,27%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8100 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8101 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">REN\u00c9 EGLI, S.L.U.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8102 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Playa La Barca, P\u00e1jara (Las Palmas de G.Canaria)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8103 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8104_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8105_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8106_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8107_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SECURISOL, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8108_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Notario Alemany s/n Hotel Barbados (Calvi\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8109_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8110_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8111 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8112_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SEGUNDA FASE CORP.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8113_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Carretera 3, Intersecc. 955 (Rio Grande)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8114_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Puerto Rico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8115_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8116 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8117_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS ARTEMISA, S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4481 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan Km 12 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8118_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8119_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8120 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8121_1 ss819_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS INTEGRALES DE PERSONAL IRIS, </span></div><div class=\"ps7601 ss814_1\"><span class=\"f charStyle-12153463 ps267\">S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8122 ss820_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Paseo de la Marina Sur (Puerto Vallarta)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8123 ss809_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8124 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8125 ss821_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8126_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS PERSONALES ORFEO, S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8127_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Boulevard Kukulkan Km 16,5 (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8128_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8129 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8130 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8131_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SERVICIOS PITEO, S.A.de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8132_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda Tulum 200, Sm 4 (B.Juarez)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8133_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8134_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8135_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4285 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8136_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SIERRA PARIMA, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8137 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Barcel\u00f3, s/n (B\u00e1varo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8138_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep.Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8139_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8140_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8141 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL CARIBE TOURS, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8142_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">V\u00eda Grecia - Edif. Alamanda 6B (Panam\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8143 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8144_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8145_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8146_1 ss819_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL GROUP CORPORATION</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8147 ss820_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">800 Brickell Avenue, Suite 1000, FL, 33131 </span></div><div class=\"ps7601 ss816_1\"><span class=\"f charStyle-12153463 ps267\">(Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8148_1 ss809_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8149 ss455_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8150_1 ss821_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1044_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8151 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F2)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8152_1 ss815_1\"><div><div class=\"ps7581_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 FRANCE, S.A.S.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8153_1 ss817_1\"><div><div class=\"ps7581_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">20 Rue du Sentier (Paris)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8154_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Francia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8155_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8156 ss818_1\"><div><div class=\"ps7581_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8157_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 FUNDING</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8158_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Regatta Office Park West Bay Road P.O.Box 31106</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8159_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Islas Caim\u00e1n</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8160 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8161_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8162_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8163 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC DOMINICANA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8164_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Lope de Vega, 4 (Santo Domingo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8165 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8166_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8167_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8168 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8169_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC ESPA\u00d1A S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8170_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre,16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8171_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8172_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8173_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8174_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps6244\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8175 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC M\u00c9XICO, S.A de C.V.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8176_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Boluevard Kukulkan (Canc\u00fan)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8177 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">M\u00e9xico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8178_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8179 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8180_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">SMVC PANAM\u00c1 S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8181 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Antigua escuela las Am\u00e9ricas, Lago Gat\u00fan</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8182_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8183_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8184_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8185_1 ss815_1\"><div><div class=\"ps3215_1 ss814_1\"><span class=\"f charStyle-12153463 ps267\">VACATION CLUB SERVICES INC.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8186_1 ss817_1\"><div><div class=\"ps3215_1 ss816_1\"><span class=\"f charStyle-12153463 ps267\">Bickell Avenue, 800 (Miami)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8187_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8188_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8189_1 ss818_1\"><div><div class=\"ps3215_1 ss556\"><span class=\"f charStyle-12153463 ps11801\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8254 ss0_2\"><div class=\"ss5_1 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:132.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps7541 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps8190\">SOCIEDADES INACTIVAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2945 ss797_1\"><div><div class=\"ps7762 ss792_1\"><span class=\"f charStyle-ac1283de ps8191\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps11622 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8192_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8193_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps11328 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7907_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">BEDBANK TRADING, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8194_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Rue St.Pierre, 6A (Fribourg)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8195 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Suiza</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8196_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8197 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps7913 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">COMP. TUNISIENNE GEST. HOTELI\u00c9RE</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8198_1 ss801_1\"><div><div class=\"ps7849_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">18 Boulevard Kh\u00e9zama n\u00b0 44, 4051 Sousse </span></div><div class=\"ps7850_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">(T\u00fanez)<span class=\"f ps9\"> </span></span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8199_1 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">T\u00fanez</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8200 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8201_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8202 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">DESARROLLADORA DEL NORTE, S. en C.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8203_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PMB 223, PO Box 43006, (Rio Grande)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps11643 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Puerto Rico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8205 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8206_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">99,69%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8207 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">DETUR PANAMA, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8208_1 ss797_1\"><div><div class=\"ps3215_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Antigua Escuela Las Am\u00e9ricas (Col\u00f3n)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8209 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Panam\u00e1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8210_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8211 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8212_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8213_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">HOTELES SOL, S. L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8214 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8215_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8216_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8217_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8218_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES INVERMONT, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8219_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Av. Venezuela, Edif. T. Am\u00e9rica (Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8220_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8221_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8222_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8223_1 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">MHI FOR HOTELS SERVICES</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8224_1 ss801_1\"><div><div class=\"ps7849_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Hamad Tower Office 458 King Fahd Branch </span></div><div class=\"ps7850_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Road, Al Olaya<span class=\"f ps9\"> </span></span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8225 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Arabia Saud\u00ed</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8226 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8227 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8228_1 ss796_1\"><div><div class=\"ps7581_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8229 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">PRODISOTEL, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8230_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Mauricio Legendre, 16 (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8231_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8232_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8233_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:17.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8234_1 ss801_1\"><div><div class=\"ps7847_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SMVC PUERTO RICO</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8235_1 ss801_1\"><div><div class=\"ps7849_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Sector Coco Beach, 200 Carretera 968 (R\u00edo </span></div><div class=\"ps7850_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Grande)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8236_1 ss809_1\"><div><div class=\"ps7847_1 ss1\"><span class=\"f charStyle-12153463 ps267\">P.Rico</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8237_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8238_1 ss455_1\"><div><div class=\"ps7847_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8239_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELIA JAMAICA, LTD.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps2662 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">21, East Street (Kingston CSO)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8241_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Jamaica</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8242_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8243_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8244_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 MARROC, S.A.R.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8245_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Rue Idriss Al-Abkar, 4 - 1\u00b0 Etage</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8246_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Marruecos</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8247_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8248_1 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8249_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">SOL MELI\u00c1 SERVICES, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8250_1 ss797_1\"><div><div class=\"ps7581_1 ss792_1\"><span class=\"f charStyle-12153463 ps267\">Rue de Chantemerle (Friburgo)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8251_1 ss806_1\"><div><div class=\"ps7581_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Suiza</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8252 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8253 ss800_1\"><div><div class=\"ps7581_1 ss434_1\"><span class=\"f charStyle-12153463 ps2944\">100,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8255_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(A) Sociedades auditadas</span></div><div class=\"ps8256_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F1) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Meli\u00e1 Hotels International, S.A.</span></div><div class=\"ps8257 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F2) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Sol Meli\u00e1 France, S.A.S. </span></div><div class=\"ps8258 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F4) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Inversiones y Explotaciones Turisticas, S.A..</span></div><div class=\"ps8259 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F5) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Adprotel Strand, S.L.</span></div><div class=\"ps8260_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) La participaci\u00f3n en esta entidad es a trav\u00e9s de la propiedad en apartamentos que se encuentran contabilizados en el ep\u00edgrafe correspondiente al activo </span></div><div class=\"ps8261_1 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">material.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-575": {
   "value": "<div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7\"><span class=\"ps12591\">Anexo 2.<span style=\"display:inline-block;height:11.34pt;width:5.27pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Entidades Asociadas y Negocios Conjuntos</span></div><div class=\"ps472 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss102 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:138.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8265_1 ss824_1\"><div><div class=\"ps8264 ss823_1\"><span class=\"f charStyle-ac1283de ps8263\">SOCIEDADES EXPLOTADORAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8266_1 ss825_1\"><div><div class=\"ps8264 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps14487 ss809_1\"><div><div class=\"ps8264 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps14227 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps3713 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps5488 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8269_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">COM. PROP. APARTOTEL MELI\u00c1 CASTILLA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8270_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Capit\u00e1n Haya, 43 (M adrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8271_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8272 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">34,18%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8273_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,09%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8274_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">34,27%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8275_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">C.P.APARTOTEL M.COSTA DEL SOL (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8276_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Paseo Mar\u00edtimo 11 (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8277 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8278 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">5,49%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8279_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">18,71%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8280_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">24,20%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8281_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ARROYO, S.A. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8282 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Calle Arroyo, Barrio Recoleta</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8283 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Argentina</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8284 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">33,33%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8285_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">33,33%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8286_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">NEXPROM, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8287_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. del Lido s/n (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8288_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8289 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">17,50%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8290_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">2,50%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8291 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8292 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PLAZA PUERTA DEL MAR, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8293 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Plaza Puerta del Mar, 3 (Alicante)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6019 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8295 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">13,11%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3733 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">7,84%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8297_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,95%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3823 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8298 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PRODUCCIONES DE PARQUES, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8299_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. P.Vaquer Ramis , s/n (Calvi\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8300 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8301_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8302 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14888 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8303_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8304 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">STARMEL HOTELS OP, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8305_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8306 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8307_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8308 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8309 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TURISMO DE INVIERNO, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8310_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Plaza Pradollano, s/n Sierra Nevada (Granada)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8311_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8312 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8313 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">21,42%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8314_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps1051\">SOCIEDADES PROPIETARIAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8315_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8316_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8317 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8318_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8319_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2650_1 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8320_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8321_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">ALTAVISTA HOTELERA, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8322_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Pere IV, 272 (Barcelona)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8323 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8324_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">7,55%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8325 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,19%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8326 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">48,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8327 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">EL RECREO PLAZA &amp; CIA., C.A. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8328 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Fco.de Miranda Torre Oeste,15 Of.15(Carac as)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8329 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8330_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8331_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps868 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8332 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">EVERTMEL, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8333 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8334_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8335 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8336_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8419 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8337_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">FOURTH PROJECT 2012, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8338_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8339_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8340_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,06%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8341 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">8,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8342 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6083 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8343 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">FUERTEVENTURA BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8344 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8345 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8346 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8347 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4922 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8348 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOTELES MARMEL, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8349 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8350_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8351_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8352_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps335_1 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8353_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">LIERINTO, S.L.U</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8354_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Paseo del club deportivo, 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8355_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8356_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8357 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8358 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS FLORIDA, LLC. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8359_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14708 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8361_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8362_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6230 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8363_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8364_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PALMANOVA BEACH PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8365_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4465_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8366_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8367_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1766 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8369 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8370_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PUERTO DEL CARMEN BEACH PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8371_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8372_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8373 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8374 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1072 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8376 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8377 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">SAN ANTONIO BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8378 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8379 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8380 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8381_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14984 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8382_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">SANTA EULALIA BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8383_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8384 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8385 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8386 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps864 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8387 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TERTIAN XXI, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8388 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4484 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8389 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8390_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8185 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8392_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8393_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TORREMOLINOS BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8394_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8395_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8396_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8397_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8399_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps1836\">SOCIEDADES ACTIVIDADES VARIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8400_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8401_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8402_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8403_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8404_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8405_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOLAZEL, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8406_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8407_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8408_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8409_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5077 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8411_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES GUIZA, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8412_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Lope de Vega, 4 (Sto. Domingo )</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8413_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8414_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,84%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8415_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,84%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8416_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">YAGODA INVERSIONES, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8417_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8418_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8419_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8420_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8421_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps7663\">SOCIEDADES INACTIVAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8422_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8423_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8424_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8425_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8426_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8427_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HELLENIC HOTEL MANAGEMENT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8428_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Panepistimiou, 40 (Atenas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8429_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Grecia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8430_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8431_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">40,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps8465 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss164 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:138pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8265_1 ss831_1\"><div><div class=\"ps7762 ss830_1\"><span class=\"f charStyle-ac1283de ps3377\">SOCIEDADES HOLDINGS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8434_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps960 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8435_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2493_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps635_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8436_1 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">EL RECREO PLAZA, C.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8437_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Fco.de Miranda Torre Oeste,15 Of.15(Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8438_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8439_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8440_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8441 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">HOMASI, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8442 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Cavanilles 15,Pl.baja (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8443_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8444 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8445_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">35,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8446_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS USA, LLC. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8447_1 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8448 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8449 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8450_1 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8286_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">PROMEDRO, S. A. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8451_1 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. del Lido s/n (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8452_1 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8453 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps675 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11099 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8454 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8455_1 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">RENASALA, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8456_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Zurbar\u00e1n, 9 (Mad rid )</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8457_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8458 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8459_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8460_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">STARMEL HOTELS JV, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8461 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8462 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8463 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8464 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8466 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(A) Sociedades auditadas</span></div><div class=\"ps8467 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(JV) Corresponden a negocios conjuntos </span></div><div class=\"ps8468 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F3) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Renasala, S.L.</span></div><div class=\"ps8469 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F4) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Inversiones y eplotaciones tur\u00edsticas, S.A. </span></div><div class=\"ps8470 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) La participaci\u00f3n en estas entidades es a trav\u00e9s de la propiedad en apartamentos que se encuentran contabilizados en el ep\u00edgrafe correspondiente a inversiones <span class=\"f ps9\"> </span></span></div><div class=\"ps8471 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">inmobiliarias.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f-574": {
   "value": "<div class=\"ps265 ss0_2\" style=\"font-size:15pt\"><span class=\"f charStyle-25f88cd7\"><span class=\"ps12591\">Anexo 2.<span style=\"display:inline-block;height:11.34pt;width:5.27pt\"></span></span></span><span class=\"f charStyle-89b3ebe7 ps3621\">Entidades Asociadas y Negocios Conjuntos</span></div><div class=\"ps472 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss102 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:138.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:17.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8265_1 ss824_1\"><div><div class=\"ps8264 ss823_1\"><span class=\"f charStyle-ac1283de ps8263\">SOCIEDADES EXPLOTADORAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8266_1 ss825_1\"><div><div class=\"ps8264 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps14487 ss809_1\"><div><div class=\"ps8264 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps14227 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps3713 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND </span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps5488 ss455_1\"><div><div class=\"ps8264 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8269_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">COM. PROP. APARTOTEL MELI\u00c1 CASTILLA (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8270_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Capit\u00e1n Haya, 43 (M adrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8271_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8272 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">34,18%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8273_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">0,09%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8274_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">34,27%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8275_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">C.P.APARTOTEL M.COSTA DEL SOL (*)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8276_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Paseo Mar\u00edtimo 11 (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8277 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8278 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">5,49%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8279_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">18,71%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8280_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">24,20%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8281_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOTEL ARROYO, S.A. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8282 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Calle Arroyo, Barrio Recoleta</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8283 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Argentina</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8284 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">33,33%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8285_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">33,33%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8286_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">NEXPROM, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8287_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. del Lido s/n (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8288_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8289 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">17,50%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8290_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">2,50%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8291 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8292 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PLAZA PUERTA DEL MAR, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8293 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Plaza Puerta del Mar, 3 (Alicante)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps6019 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8295 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">13,11%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps3733 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">7,84%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8297_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,95%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps3823 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8298 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PRODUCCIONES DE PARQUES, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8299_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. P.Vaquer Ramis , s/n (Calvi\u00e1)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8300 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8301_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8302 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14888 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8303_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8304 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">STARMEL HOTELS OP, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8305_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8306 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8307_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8308 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8309 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TURISMO DE INVIERNO, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8310_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Plaza Pradollano, s/n Sierra Nevada (Granada)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8311_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8312 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">21,42%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8313 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">21,42%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8314_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps1051\">SOCIEDADES PROPIETARIAS DE HOTELES</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8315_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8316_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8317 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8318_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8319_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps2650_1 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8320_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F4)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8321_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">ALTAVISTA HOTELERA, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8322_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Pere IV, 272 (Barcelona)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8323 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8324_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">7,55%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8325 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,19%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8326 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">48,74%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8327 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">EL RECREO PLAZA &amp; CIA., C.A. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8328 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Fco.de Miranda Torre Oeste,15 Of.15(Carac as)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8329 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8330_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8331_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps868 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8332 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">EVERTMEL, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8333 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8334_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8335 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8336_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8419 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8337_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">FOURTH PROJECT 2012, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8338_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8339_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8340_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">41,06%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8341 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps7587\">8,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8342 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6083 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8343 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">FUERTEVENTURA BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8344 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8345 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8346 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8347 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps4922 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8348 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOTELES MARMEL, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8349 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8350_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8351_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8352_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps335_1 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8353_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">LIERINTO, S.L.U</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8354_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Paseo del club deportivo, 1</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8355_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8356_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8357 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8358 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS FLORIDA, LLC. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8359_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps14708 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8361_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8362_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps6230 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8363_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8364_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PALMANOVA BEACH PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8365_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4465_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8366_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8367_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1766 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8369 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8370_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">PUERTO DEL CARMEN BEACH PROPERTY, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8371_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8372_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8373 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8374 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps1072 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8376 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8377 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">SAN ANTONIO BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8378 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8379 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8380 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8381_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps14984 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8382_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">SANTA EULALIA BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8383_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8384 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8385 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8386 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps864 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8387 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TERTIAN XXI, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8388 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps4484 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8389 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8390_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps8185 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8392_1 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8393_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">TORREMOLINOS BEACH PROPERTY, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8394_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8395_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8396_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8397_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8399_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps1836\">SOCIEDADES ACTIVIDADES VARIAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8400_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8401_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8402_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8403_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8404_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8405_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HOLAZEL, S.L. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8406_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8407_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8408_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8409_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps5077 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8411_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">INVERSIONES GUIZA, S. A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8412_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. Lope de Vega, 4 (Sto. Domingo )</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8413_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Rep. Dom.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8414_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,84%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8415_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">49,84%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8416_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">YAGODA INVERSIONES, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8417_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8418_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8419_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8420_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8421_1 ss826_1\"><div><div class=\"ps7762 ss823_1\"><span class=\"f charStyle-ac1283de ps7663\">SOCIEDADES INACTIVAS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8422_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8423_1 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8424_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8425_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8426_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8427_1 ss826_1\"><div><div class=\"ps3215_1 ss823_1\"><span class=\"f charStyle-12153463 ps267\">HELLENIC HOTEL MANAGEMENT</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8428_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Panepistimiou, 40 (Atenas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8429_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Grecia</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8430_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">40,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8431_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">40,00%</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr></tbody></table></div></div></div><div class=\"ps8465 ss0_2\" style=\"text-align:justify;text-align-last:var(--justify)\"><div class=\"ss164 ws0 ps471_1\"><div><table style=\"border-collapse:collapse;display:inline-table;font-size:initial;padding:0;table-layout:fixed;width:100%\"><tbody><tr style=\"height:0\"><td style=\"padding:0;width:24pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:24.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:138pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:149.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:39.75pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td><td style=\"padding:0;width:3pt\"></td><td style=\"padding:0;width:35.25pt\"></td></tr><tr style=\"height:11.25pt\"><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8265_1 ss831_1\"><div><div class=\"ps7762 ss830_1\"><span class=\"f charStyle-ac1283de ps3377\">SOCIEDADES HOLDINGS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8434_1 ss813_1\"><div><div class=\"ps7762 ss812_1\"><span class=\"f charStyle-ac1283de ps7902\">DOMICILIO</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps960 ss806_1\"><div><div class=\"ps7762 ss1\"><span class=\"f charStyle-ac1283de ps1446\">PA\u00cdS</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps8435_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps7545\">P.DIR</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps2493_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps2020\">P.IND</span></div></div></div></td><td style=\"background-color:#ffffff;padding:0\"></td><td style=\"background-color:#0d5349;padding:0\"><div class=\"ps635_1 ss800_1\"><div><div class=\"ps7762 ss434_1\"><span class=\"f charStyle-ac1283de ps13970\">TOTAL</span></div></div></div></td></tr><tr style=\"height:5.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8436_1 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">EL RECREO PLAZA, C.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8437_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda.Fco.de Miranda Torre Oeste,15 Of.15(Caracas)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8438_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Venezuela</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8439_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8440_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">19,94%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8441 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">HOMASI, S.A.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8442 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">C/ Cavanilles 15,Pl.baja (Madrid)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8443_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8444 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">35,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8445_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">35,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8446_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">MELIA HOTELS USA, LLC. (JV)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8447_1 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Brickell Avenue Suite 1000, 800</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8448 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">EE.UU.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8449 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8450_1 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">50,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8286_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">PROMEDRO, S. A. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8451_1 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Avda. del Lido s/n (Torremolinos)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8452_1 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8453 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps675 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr><tr style=\"height:11.25pt\"><td style=\"padding:0\"><div class=\"ps11099 ss828_1\"><div><div class=\"ps3215_1 ss834\"><span class=\"f charStyle-12153463 ps5840_1\">(A)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8454 ss796_1\"><div><div class=\"ps3215_1 ss3_1\"><span class=\"f charStyle-12153463 ps3468\">(F3)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8455_1 ss831_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">RENASALA, S.L. </span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8456_1 ss813_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Zurbar\u00e1n, 9 (Mad rid )</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8457_1 ss806_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8458 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8459_1 ss800_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">30,00%</span></div></div></div></td></tr><tr style=\"height:12pt\"><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8460_1 ss832_1\"><div><div class=\"ps3215_1 ss830_1\"><span class=\"f charStyle-12153463 ps267\">STARMEL HOTELS JV, S.L.</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8461 ss833_1\"><div><div class=\"ps3215_1 ss812_1\"><span class=\"f charStyle-12153463 ps267\">Gremio Toneleros, 24 (Palma de Mallorca)</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8462 ss834_1\"><div><div class=\"ps3215_1 ss1\"><span class=\"f charStyle-12153463 ps267\">Espa\u00f1a</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8463 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"></td><td style=\"padding:0\"><div class=\"ps8464 ss835_1\"><div><div class=\"ps3215_1 ss434_1\"><span class=\"f charStyle-12153463 ps2264_1\">20,00%</span></div></div></div></td></tr></tbody></table></div></div></div><div class=\"ps8466 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(A) Sociedades auditadas</span></div><div class=\"ps8467 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(JV) Corresponden a negocios conjuntos </span></div><div class=\"ps8468 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F3) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Renasala, S.L.</span></div><div class=\"ps8469 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(F4) Sociedades que constituyen grupo de tributaci\u00f3n consolidada con Inversiones y eplotaciones tur\u00edsticas, S.A. </span></div><div class=\"ps8470 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">(*) La participaci\u00f3n en estas entidades es a trav\u00e9s de la propiedad en apartamentos que se encuentran contabilizados en el ep\u00edgrafe correspondiente a inversiones <span class=\"f ps9\"> </span></span></div><div class=\"ps8471 ss0_2\" style=\"font-size:12pt\"><span class=\"f charStyle-df66f676 ps12591\">inmobiliarias.</span></div>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
    "language": "es",
    "entity": "scheme:959800JRKSZ6YZD4EL80",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  }
 }
}