In compliance with the duty to report the annual payment period to suppliers contained in article 539.2 of Royal Legislative Decree 1/2010 of 2 July, whereby the revised text of the Capital Companies Law was amended (subsequent to the amendment included in Law 31/2014 of 3 December, which reformed the Capital Companies Law to improve corporate governance), and the Third Additional Provision of Law 15/2010 of 5 July, which amended Law 3/2004 of 29 December, whereby measures were introduced to combat payment delays in trading transactions (in accordance with the new wording given in the Second Final Provision of Law 31/2014), the Company reports that the average payment period to suppliers is 53 days.
Average vendor payment period