As a consequence of the regulation in the final disposition of the text recast of the Law of Companies, approved by Royal Legislative Decree 1564/1989, of December 22, the rules of adaptation of the Plan were approved General of Accounting to the Sports Anonymous Companies, by Order of the Ministry of Economy and Finance of 23 June 1995.

Subsequently, Article 19 of Royal Decree 1251/1999 of 16 July 1999 on Anonymous Sports Companies has established a number of aspects of accounting content that require readaptation of the rules previous. To this end, a working group was set up within the Accounting and Audit Institute of Accounts to review these rules, while maintaining their content and developing the specific aspects required by the Commission. In addition to the above, other aspects of the evolution of the activities carried out by these entities have been introduced, in such a way that these entities can have a technical text. prepared to provide, in a standardised manner, the corresponding accounting information.

Considering that this adaptation is directed not only to the Sports Anonymous Societies, but to other entities such as clubs or sports associations that do not have a commercial form, the enforcement of the These rules of adaptation for these latter entities shall be imposed by another provision which, if appropriate, is approved by the competent authority. In this regard, the content of the fourth additional provision of Royal Decree 1251/1999, which in respect of clubs participating in official professional competitions, may be maintained in their current structure, must be taken into account. In accordance with the provisions laid down in the additional provisions seventh and eighth of Law 10/1990 of 15 October of the Sport, it indicates that they are subject to the same rules of accounting as the public limited liability companies in relation to its professional sports sections.

Additionally, it is necessary to consider in relation to the above that the reference established in the additional provision third of Royal Decree 776/1998, of April 30, for which the rules of adaptation of the Plan are approved General Accounting for non-profit entities and the rules on the budgetary information of these entities, referred to, where appropriate, to the rules that are now approved.

The detailed rules for adaptation are structured in the same way as the General Accounting Plan in five parts, which are preceded by an introduction explaining the main features of the activity of the entities to which they are addressed, as well as the modifications made to this adaptation and their justification.

The first part, accounting principles, has not undergone substantial modifications with respect to the General Accounting Plan.

In the second part, table of accounts, although not attempting to exhaust all the possibilities that can occur in reality, specific accounts have been enabled for these entities and have been eliminated, in some cases, accounts provided for in the General Accounting Plan, without prejudice to the possibility that they may be used if certain transactions so require. However, from the perspective of the General Accounting Plan, the table of accounts is not to be compulsory as regards the numbering and denomination of the accounts, although it constitutes a guide or a binding reference in relation to the headings of the accounts. annual accounts.

The third part, definitions and accounting relationships, gives content and clarity to the accounts, by virtue of the definitions that are incorporated, adding the specific concepts of the sports activity performed by these entities. This third party shall also not apply, except where it refers to or contains assessment criteria or serves for its interpretation, and without prejudice to the explanatory nature of the various items in the annual accounts.

The fourth part, annual accounts, of mandatory observance, includes some "Standards for the elaboration of annual accounts", which collect the requirements for formulating the annual accounts models in their normal or abbreviated system, as well as as definitions, clarifications and rules, on the material content and the way these models are to be completed; a specific rule on information separated by activities has been included, in compliance with the provisions of the Royal Decree 1251/1999, dated 16 July. Also incorporated in this part are the models of Balance, Profit and Loss Account and Memory, both normal and abbreviated, adapted to the special characteristics of these entities.

Also, the fourth part of these adaptation rules includes the amendments made to the recast text of the Companies Act by the second provision of Law 2/1995 of 23 March, of Companies of Limited liability, as well as by Royal Decree 572/1997 of 18 April. These changes, in particular those relating to the aforementioned recast text, have reflected in these adaptation rules, although they are generally applicable and can be basically put into effect in a new version of the text. Articles 181 and 190 extending the possibility of using models of abbreviated annual accounts and the inclusion in the second indication of Article 200 of an extension of the information contained in the memory.

On the other hand, the content of the memory has been expanded to include information in specific sections on significant holdings, deferred income by cession of rights and future income, indemnities received from insurance institutions, information relating to the environment, as well as the information required by Law 10/1990 of 15 October of the Sport, and as already indicated, in Royal Decree 1251/1999 of 16 July 1999 on Companies Sports; in particular, in compliance with the provisions of Article 19 of the said Royal Decree, information is required on information separated by activities, the distribution of the net amount of the turnover of each sports section, the rights to acquire players, investments made in sports facilities and player image rights.

The fifth part, valuation rules, has been the subject of important modifications, as it incorporates the mandatory criteria for valuation and accounting of the operations and economic facts carried out by these entities.

The inclusion in the valuation rules of the tacit modification of the content of the General Accounting Plan in relation to the accounting treatment of the goodwill, as introduced in Article 194, should be highlighted. 2 of the recused text of the Companies Act, in the terms laid down in the additional provision, fifteenth paragraph 11 of Law 37/1998, of 16 November, of reform of the Law 24/1988, of 28 July, of the Stock Market, which it shall be applied in accordance with paragraph 12 of that additional provision.

In the text of the rules of adaptation of the General Plan of Accounting to the Sports Anonymous Societies, which is inserted below, only those parts that have been modified with respect to the General Plan have been included because the remainder fully matches the latter.

In relation to the foregoing, it must be specified that in all the non-modified provisions the General Accounting Plan will be applied in the terms provided for in Royal Decree 1643/1990 of 20 December, as well as the Resolutions issued by the Accounting and Audit Institute under the fifth final provision of the aforementioned standard.

In order to clearly delimit the application of the various sectoral adaptations for those entities which jointly carry out various activities, an additional provision is introduced which makes it compulsory of the rules governing each activity, specifying that the relevant valuation rules shall be applied in any event and that the annual accounts shall be made taking into account the information derived from each activity.

It is also included, in order to clarify its content, an additional provision, the second, which defines the concept of the net asset balance collected in Royal Decree 1251/1999, on Sports Anonymous Companies, for the purposes of calculation of the minimum capital, which is referred to in Article 3 of the Royal Decree; in this regard, when an accounting concept is appealed, it is considered appropriate to incorporate it into the additional provisions of this Order.

The date of entry into force of this Order shall be the day following that of its publication in the "Official Gazette of the State", but the rules of adaptation shall be binding for the periods of after 30 June 2000. However, in view of the fact that the fourth transitional provision of Royal Decree 1251/1999 requires that it be incorporated in the exercise of the implementing rules adopted by the Order of 23 June 1995, the information In this Royal Decree, in particular, the collection in Article 19 (3), the final provision of this Order expressly sets out for those exercises the compulsory application of the paragraphs of the new memory of the new adaptation of the above information.

For all the above, according to the State Council and on the proposal of the Accounting and Audit Institute of Accounts,

This Ministry has agreed:

First.

Approve the rules for adapting the General Accounting Plan to the Sports Anonymous Companies, the text of which is inserted below.

Second.

1. This text will be mandatory for all the Sports Anonymous Societies and the clubs referred to in the fourth additional provision of Royal Decree 1251/1999 of 16 July 1999 on public limited liability companies.

By way of derogation from the preceding subparagraph, the numbering and the denomination of accounts of the second part of these adaptation rules, and the accounting movements included in the accounts, shall not be binding. the third part of them.

2. The General Accounting Plan will be implemented in all the unmodified terms in the terms of Royal Decree 1643/1990 of 20 December 1990, as well as the Resolutions issued by the Accounting and Audit Institute of Accounts under the of the fifth final provision of the above standard.

Additional disposition first. Multiactivity.

For entities that perform the sports activity in conjunction with other or other ordinary activities, the adjustment rules for each activity shall apply. In any case, the following applies:

1. The valuation rules that correspond to each of the activities.

2. The annual accounts shall be drawn up:

In the Balance and Loss Account and Earnings models, all items corresponding to the different activities, according to the normal or abbreviated model, should appear, provided they are significant, in terms of business or in the amount of expenditure, without prejudice to the provisions on grouping, subdivision and addition of items.

In the memory, all the information corresponding to each of the activities must be included, breaking down, where appropriate, the corresponding material and intangible fixed assets, stocks, credits and debits for traffic operations, operating expenses and revenue, as well as the turnover for each activity.

Additional provision second. Net equity balance.

The term "net worth", for the purposes of the regulation set out in Article 3 of Royal Decree 1251/1999 of 16 July 1999, of Sports Anonymous Companies, for the calculation of the minimum capital, will be determined from Balance sheets contained in the fourth part of the rules for the adaptation of the General Accounting Plan to Sports Anonymous Societies, approved by this Ministerial Order, taking into account the specific features of this disposition.

The determination of the previous parameter will be performed according to the following:

a) The following concepts defined according to the indicated Balance models will be collected with positive sign:

The "own funds" listed in pool A) of the liabilities side of the balance sheet.

Capital grants, "capital grants of sports entities" and "positive exchange differences", collected in pool B) "Income to be distributed in various financial years", of the liabilities of the Balance Sheet, the corresponding amount of the accrual tax expense outstanding.

Tax revenues to be distributed in various financial years, including group B) "Income to be distributed in various financial years", liabilities of the balance sheet, defined in accordance with the second and third rules of the Resolution of October 9, 1997, of the Accounting and Audit Institute of Accounts, on some aspects of the sixteenth valuation standard of the General Accounting Plan.

Those participative loans regulated in Article 20 of Royal Decree-Law 7/1996 of 7 June 1996 on urgent measures of a fiscal nature and on the promotion and liberalization of economic activity, collected in the (d) "long-term creditors" and (E) "short-term creditors" of the liability of the balance sheet, the yield of which is fixed on the basis of the profits made and the maturity date of which is not less than five years from the time of the calculation for the purposes of the minimum capital calculation and its possible revisions.

(b) The negative sign shall include 'own shares', which are included in the assets of the balance sheet within groupings (B) 'fixed assets' and (d) 'working assets'.

In no case shall the amounts collected under pool B items be computed "Revenue to be distributed in various financial years" of the balance sheet, other than those referred to in point (a).

Transitional disposition. Formulation of annual accounts.

The annual accounts for the financial years for which the closing date occurs during the transitional period for the introduction of the euro, covering from 1 January 1999 to 31 December 2001, may be expressed in pesetas or in euros according to the provisions of Royal Decree 2814/1998 of 23 December 1998 approving the rules on accounting aspects of the introduction of the euro.

Repeal provision. Regulatory repeal.

Subject to the provisions of the final provision of this Order, the Order of the Ministry of Economy and Finance of 23 June 1995 approving the rules for the adaptation of the General Plan of Accounting for Sports Anonymous Societies.

Final disposition. Entry into force and application.

This rule shall enter into force on the day following that of its publication in the "Official State Gazette".

The rules of adaptation of the General Plan of Accounting to the Sports Anonymous Societies that approve this Order will be mandatory, in the terms provided for in the previous paragraph, for the exercises that are start after 30 June 2000.

Notwithstanding the foregoing, for the exercises that are closed from the entry into force of this Order and which have been initiated before 1 July 2000, which will apply the rules of adaptation of the General Plan of Accounting to the Sports Anonymous Companies approved by Order of the Ministry of Economy and Finance of 23 June 1995, will incorporate the sections of the memory relating to the information required in the Royal Decree 1251/1999, of July 16, of Sports Anonymous Companies, in the terms of the adaptation rules approved by the Order.

What I communicate to VV. II. for their knowledge and effects.

Madrid, June 27, 2000.

HANGING OUT AND FIGAREDO

RULES FOR ADAPTING THE GENERAL ACCOUNTING PLAN TO PUBLIC LIMITED LIABILITY COMPANIES

Introduction

I

1. The present rules of adaptation of the General Plan of Accounting to the special characteristics of the Sports Anonymous Societies, result from the review that as a consequence of the mandate contained in article 19 of the Royal Decree 1251/1999, of 16 July, has been carried out on the rules which were approved by the Order of the Ministry of Economy and Finance of 23 June 1995. To this end, it has proceeded as in the other sectoral adaptations, to take into consideration the characteristics and the usual activities of this sector, creating a working group within the Institute of Accounting and Audit of Accounts formed by experts from the Higher Sports Council, the Professional Leagues, the auditors, the University, as well as the Institute itself.

In the course of the meetings of this working group, the aforementioned rules have been revised, their content being generally maintained and those aspects which, as a consequence of their own evolution in the field, have been developed. activities of these entities, it has been considered appropriate to extend to respond to the new situations and operations carried out by them. In addition, the information required by the sector-specific regulations has been incorporated.

Consequently, the objective has been to achieve a standard that is technically adapted to be able to account for the operations currently performed by these entities, being configured as a single text that contemplates transactions more common than these entities with the various economic operators, providing at the end of the financial year, by means of the appropriate calculation process, the external information contained in the annual accounts.

As in any other sectoral adaptation formulated by this Institute, the present rules remain open to accept the changes that may be made in the future depending on the evolution of these entities, accounting progress and suggestions from professionals and experts supported by observations when applying the model.

These rules are based on the principles, criteria, structure and systematic of the General Accounting Plan, approved by Royal Decree 1643/1990 of 20 December, which constitutes development in the field of accounting for commercial law.

2. The present adaptation rules are intended in principle, to the Sports Anonymous Societies, as well as to other entities such as clubs or sports associations, whether they participate in professional sports competitions or not professionals.

In this respect, the fourth additional provision of Royal Decree 1251/1999 of 16 July 1999 provides that the clubs referred to in the seventh and eighth additional provisions of the Law of Sport, i.e. those which participate in official professional competitions in the sport of football and basketball, shall be subject, in relation to their professional sports sections, to the same accounting standards as the public limited companies sports. The other clubs, associations and any other type of sports entity that does not have a commercial form, will not in principle be obliged to implement the General Plan of Accounting or the norms that occupy us. Consequently, the obligation for such non-commercial entities shall, where appropriate, be imposed by other administrative provisions emanating from the competent authority.

3. The adaptation of the General Accounting Plan to the Sports Anonymous has been imposed by the special characteristics offered by these entities with respect to other sectors of activity.

4. The working group that has studied the adaptation of the General Accounting Plan was aware, from the very beginning, that the peculiarities of these entities require a careful study to be able to collect the operations and economic facts of these entities that are not specifically included in the General Accounting Plan.

II

5. The rules of adaptation of the General Plan of Accounting to the Sports Anonymous have the same structure as that. They contain five parts:

Accounting principles.

Chart of Accounts.

Definitions and Accounting Relationships.

Annual accounts.

Valuation rules.

6. The first part, accounting principles, does not contain substantial modifications to the text of the General Accounting Plan, since it develops, systematizes and complements the provisions of Article 38 of the Trade Code, applicable with a general character for any entity that develops an economic activity and claims that the annual accounts express the true image of the equity, financial situation and the results of the entity.

The only modification introduced in this part is the replacement of the term company by the entity, understanding it in a broad sense, since it is directed not only to the Sports Anonymous Societies but to other entities sports that do not have this form of business, having incorporated the full text of this part.

7. The second part, table of accounts, contains the accounts of the General Accounting Plan which will normally be used by the Sports Anonymous Companies; without prejudice to these entities, and in cases where certain transactions are so require, be able to use the other accounts included in that text, and that it has in principle been considered appropriate to eliminate as a rule, for example: Capital, research and development expenditure or the accounts of the sub-group. 71. Stock variation.

Also, in some cases, account names have been modified and the necessary breakdowns have been made; for example, the term company has been replaced by the entity, understanding it in a broad sense, be able to collect both the companies themselves and the associations, clubs or other entities, taking into account that this plan is directed not only to the Sports Anonymous Societies but to other Sports Entities that do not have this form mercantile.

For this same reason the table of accounts also collects some accounts of these last entities, such as "Social Fund" or "Partners of Clubs, part not disbursed", that will not be applicable to the Companies Sports. All this is without prejudice to these entities being able to open all the necessary accounts to collect their specific operations and circumstances.

8. In the third part, definitions and accounting relationships, in order to adapt to the peculiar characteristics of the Sports Anonymous Societies, it has been necessary, in addition to the indicated regarding the second part, to introduce certain changes in the definition of some accounts. However, an attempt has been made to respect as far as possible the structure of the General Accounting Plan, even by keeping some accounts that collect situations that may not have too much significance in these entities.

In group 1, account 133 has been entered. 'deferred income by transfer of rights', in order for these entities to reflect the income derived from certain exclusive contracts which provide for the transfer of certain rights to players. Account 137 has also been incorporated. "Transfer of future income" to record amounts charged for the assignment to third parties of the ownership of future income derived from certain services to be performed.

In subgroup 14, the provision of a provision covering the economic risks that they may have due to exceptional circumstances, both in terms of stadiums or other sports facilities, is envisaged as new. to the sports life of the players. Such provisions, given the experience gained by each institution, shall reasonably cover such risks at the end of each financial year.

Also in this subgroup, account 145 has been expressly incorporated. 'Provision for environmental action', which since its incorporation into our accounting law following the rules for adapting the General Accounting Plan to companies in the electricity sector, approved by Royal Decree 437/1998 of 20 December 1998, In March, it is generally applied as a development or complement to the General Accounting Plan itself. This account is constituted to meet the legal or contractual obligations of the entity or commitments acquired by it, to prevent, reduce or repair damage to the environment. Finally, account 148 is included. 'Provision for negative residual value' to collect the potential negative residual value of certain types of fixed assets.

In the sub-group of loans for loans received, specific three-figure accounts have been created to collect the accounts with the Sports Entities, which are understood by the Sports Associations defined in Article 12 of the Law 10/1990 of 15 October of the Sport.

In this group the same as throughout the Plan has been chosen to include some accounts like 101. "Social Fund" or the 196. "Club members, non-disbursed party" which, although they may not be applied by the Sports Anonymous Companies, if they will be by other type of Sports Entities without mercantile form, to which, as indicated, is also addressed is adaptation.

Group 2 highlights the following aspects:

The subject of accounting reflection of the expenses and investments that these entities carry out on land or facilities that are not owned by them; the following distinction was made:

When the land is ceded to the entity in precarious condition.

When there is some type of contractual link in the disposal of such land or facilities.

In the first case, all expenses incurred for the construction of facilities of the entity on these grounds shall be accounted for as establishment expenses, amortized according to the life of the investment and, in any case, within a period not exceeding five years.

Investments made in land on which there is a type of contract will be reflected as a intangible fixed asset, depreciating according to the life of the contract or the duration of the contract. less.

Particular importance has for the Sports Anonymous Companies the accounting treatment of the acquisition rights that are satisfied to obtain the services of certain players.

The established criterion has been to consider the acquisition costs of players to satisfy another entity as an intangible asset, collected in account 215. "Rights of the acquisition of players", when such expenses are incurred by virtue of an onerous transaction and by the amount of the "transfer". This account will be amortized based on the duration of the contract.

For their part, in the case of renewal of the contracts for the acquisition rights of players, the amounts that will result in higher remuneration of the players will be considered as personnel costs, without prejudice to the fact that they are due to be registered as an expense to be distributed in several years. Therefore, it is only in these cases that expenditure is recorded as intangible fixed assets to the extent that they are carried out by some concept of a similar nature to the 'transfer' which is paid to other entities and provided that their amount is normal in the practice, i.e., corresponds to its market value.

In the subgroup of intangible fixed assets, account 217 has also been created to collect the rights to participate in certain sports competitions, as well as the expenses that the entity may incur for the obtaining the right to organise certain sporting events; in both cases, and given the characteristics of these rights, it is recommended that they be amortised as soon as possible.

In terms of material assets, the classification of the General Accounting Plan has been maintained, only introducing account 224. "Stadiums and sports pavilions", in which it is worth mentioning the inclusion of the value of the land in which these buildings are located.

As far as financial investments are concerned, it should be noted only, that it has been decided to include, although in some cases it will not be necessary, all accounts which collect the relations with entities of the group, multigroup and associated. Specific accounts have also been created to collect the relationships that these entities may have with other Sports Entities.

Another novelty is the creation in subgroup 27. "Expenses to be distributed in various exercises", of an account that collects the amount satisfied by a certain player or technician to obtain their image rights, when it is for a period of more than one year. An account is also included that is intended for franchise contract expenses.

Group 3 development has focused primarily on the inventory of certain assets acquired by these entities and destined for their own use and consumption, as well as for their sale, taking into account the an increase in revenue from the marketing experience in recent years in these entities.

In Group 4, a classification has been made of creditors and debtors other than that of the General Accounting Plan. The group becomes known as "Creditors and debtors of the activity". For these purposes, the term 'activity' seems to be more appropriate for the purpose of collecting the operations resulting from the economic cycle of the entities to which this adjustment is directed, with the collection of both the related operations directly sports and in particular all the necessary ones for the development of the functions conferred by the Law 10/1990, of October 15, of the Sport, like other activities not strictly sports but that nevertheless are carried out by the entities.

The subgroup 40, which has not undergone changes with respect to the General Accounting Plan, is used to collect operations with the suppliers themselves. Only the "Envases and Packaging to Return to Suppliers" account has been deleted because it has no meaning in this type of entity.

In subgroup 41 and 44, the specific accounts collecting debts and commercial credits with certain sports entities such as Federations, Leagues, etc., have been created for the provision of services of the sports activity.

Subgroup 43 has been reserved for collecting the debts of subscribers or partners (in the event that they are not Companies Anonymous), which constitute the authentic "clients" in the development of the sports activity of these entities. The concept of a partner in this case should be understood to be applied to clubs or other sports entities, other than public limited companies.

Subgroup 47 collects the changes introduced in Law 43/1995 of 27 December, regulating the Corporate Tax, and affecting the content of the accounts 473. "Public finances, deductions and payments on account" and 475. "Public Finance, creditor by tax concepts".

Group 5 does not make any major changes to the General Accounting Plan; parallel development has been carried out for debt and long-term credit accounts, introducing specific accounts for the collection of accounts. relationships with Sports Entities.

In Group 6 the expenses of these entities classified by nature are collected, following the line established in the General Accounting Plan. However, in compliance with the provisions of Royal Decree 1251/1999 of 16 July 1999 on Anonymous Sports Companies, the necessary digits may be opened to separate these expenses in the different sections that may have entities and even the different sports competitions in which they participate.

In addition to this general comment, within Group 6, the following aspects should be highlighted.

Group 60 has been maintained for the supplies that these entities might have, even though they will normally be of little importance.

Account 630. "Profit tax" incorporates certain changes in the terminology to be adapted to Law 43/1995, of December 27, of the Company Tax.

As for subgroup 64. 'Staff expenses' means only a distinction between salaries and salaries of 'sports staff' and 'non-sporting staff'.

In subgroup 65. "Other management costs" is where the most significant modifications occur. This subgroup has been used to collect all the usual expenses of these entities, so they will have great importance in the results of the entity, against the residual character that the subgroup has in the General Plan of Accounting, where 'expenditure not included in other sub-groups' is included. In this respect, it is worth mentioning: the rights of arbitration, displacements, expenses for the acquisition of players when it is for a period of less than the year, the grants to other Sports Entities and the sports sanctions that are not considered extraordinary.

A specific topic in this sector is the expense of these entities for the training of their players; there are two possible options, which were analyzed by the working group.

According to the first such expenses, they must be regarded as an immobilized of immaterial character.

According to the second option, the expenses indicated must not be considered fixed, since they are expenses themselves that must be included as such in the corresponding exercise.

The working group considers the second to be more appropriate, because it is the one that best picks up the principle of prudence, which has a preferential character over the others. On the same line as the above, it is also necessary to consider the difficulties involved in the quantification of the costs which are examined for the purposes of their inclusion in the balance sheet as intangible fixed assets, because their quantification would, in many cases, lead to purely subjective assessments.

Consequently, the expenses incurred by these entities for the training of their players should not be included in the asset, and should be considered as expenditure in the corresponding financial year.

In group 7, as well as the expenses, the digits needed to separate the income in the different sections that these entities may have, in compliance with the requirements, must be opened. legally.

Group 7 includes important modifications. The subgroup 70 is of particular interest, in which the income obtained by the entity will be accounted for as a result of its main activity, which is the participation, and the organization, in its case, in sports competitions; among others, include League, Cup revenue, retransmission rights, advertising and marketing revenue, etc.

Subgroup 71 has been reserved for income that the entity has the consequence of its principal activity but in terms of social contributions, or by carnet of partners in the case of entities other than public limited liability companies, or for fertilisers which do not respond to the concept of entry or similar to access to sporting events. This subgroup along with the above constitutes, for these entities, the quantification of the turnover.

A specific account, 735. "Activities carried out in the application of provisions for risks and expenses", which is used in those cases where the institution performs with its own means, has been incorporated into the sub-group 73. expenditure incurred in the application of certain provisions for risks and expenditure, so that the income from excess of the provision identifies the activity carried out, taking into account that the expenditure on which it has materialised shall be registered according to their nature.

In subgroup 75 only the inclusion of account 750 can be noted. 'Other sales of stocks' to collect revenue from this concept which are of secondary importance to the institution, so that if these constitute an ordinary activity they must be registered in the '70', as part of the business.

Specific accounts have also been created in this group, such as 756. "Income from insurance claims for claims in the activity" and 767. 'income from insurance claims for exchange rate risk', which collects the income derived from the compensation received from insurance institutions for claims in certain transactions in the business of the institution and by currency exchange differences other than the euro, respectively.

A highly debated topic in the course of the meetings of the working group has been the consideration of the results derived from the transfer of players, in particular, on their qualification and location as results. extraordinary. Finally, it was concluded that although the sales of players may have an increasingly common and recurring character in some entity, the results from these operations should be qualified as extraordinary. come from the disposal of a fixed asset, which is characterised by being linked to the entity on a permanent basis. This is without prejudice to differentiating in the memory of the annual accounts within the extraordinary results the derivatives of the transfer of players, to the effect of more clearly reflecting the origin of the results.

9. The fourth part, annual accounts, has been subject to some modifications.

First, it should be noted that these rules incorporate the amendments made to the recast of the Companies Act by Law 2/1995 of 23 March, of Limited Liability Societies, and by Royal Decree 572/1997 of 18 April, which tacitly modifies the contents of the General Accounting Plan. In particular, the changes relate to certain information in the memory and to the extension of the limits for the formulation of abbreviated annual accounts.

As for the annual account structure to be presented by these entities, two models, one normal and one abbreviated, have been established, as in the General Accounting Plan. The first shall be applied by both the Sports Anonymous and the other Sports Entities participating in professional competitions and complying with the limits laid down in the regulations in force; the entities not listed above, formulate at least the abbreviated annual accounts.

In the rules for drawing up annual accounts and more specifically in the balance sheet, new items have been opened to collect credits and debits with Sports Entities as well as subordinated debts and loans. participative, which must be shown separately.

In this sense, the corresponding subgroups have been created or, where appropriate, the creation of specific accounts has been established to differentiate the aforementioned credits and debits.

For these purposes, participative loans are those that comply with the provisions of Article 20 (1) of Royal Decree-Law 7/1996 of 7 June 1996 on urgent measures of a fiscal and liberalization of economic activity, and by subordinated debts, all loans which, without complying with the rest of the requirements to be considered as participative, are placed in the order of ranking of credits behind the others in that the company is listed as debtor, and in particular the loans received from shareholders, directors and other administrators, in accordance with the provisions of Article 27 of Law 10/1990 of 15 October of the Sport.

The inclusion of a standard for the production of annual accounts on the separate information for each of the activities referred to in Royal Decree 1251/1999, of 16 July, should be highlighted. This rule sets out the criteria to be followed in the memory models that collect this information, as well as the identification of the activities to be carried out and the general criteria for the allocation of assets, liabilities, income and expenses.

The following modifications have been made to memory:

Information on compliance with the provisions of Law 10/1990 of 15 October of the Sport and in particular of Royal Decree 1251/1999 of 16 July 1999 on Sports Anonymous Companies with respect to the minimum capital is requested. Also, the information required by Article 19 of the Royal Decree on the distribution of the net amount of the turnover of each sports section, the rights of the acquisition of players, investments made in the sports facilities and image rights of players.

Salaries and other personnel expenses shall be reported by distinguishing between the sports template and non-sports personnel.

The information required for revenue is extended, with the information required to be reported by competitions, and information on the estimated or received compensation from insurance entities is also requested.

The significant shareholdings regulated in Article 10 of Royal Decree 1251/1999 of 16 July 1999 on Sports Anonymous Companies shall be reported.

New items of information are opened in relation to deferred income by cession of future rights and revenues, equity loans and subordinated debts, and additional information on the collateral is included. both granted and granted by these entities.

Another important development, as indicated above in relation to the standard for the production of annual accounts, is the request for separate information by activities, which includes models for the separation of assets. and liabilities and an analytical profit and loss account model by activities. This will provide information on the costs and revenues inherent in each of the sports sections, thus complying with the provisions of the specific regulations of the sector.

Also included in a section of the annual accounts memory, the information regarding the environment in the terms provided for in the rules of adaptation of the General Plan of Accounting to the companies of the sector electrical, where this information is generally regulated by considering the accuracy of the content of the General Accounting Plan.

For its part, the financing table has not undergone any further modification than the express inclusion of specific items that collect the flows derived from operations and relationships with Sports Entities.

10. The fifth part, the valuation rules, contains the accounting criteria and the rules applicable to the transactions carried out by the institutions; although these rules have been adjusted as far as possible to those of the General Accounting Plan, It was necessary to include some modifications. In this sense, it should be noted as a novelty, in addition to the general criterion, the inclusion of the value of the land in the assessment of a departure from the immobilized material, such as "Estadios and pavilions".

Another topic under discussion in the working group was the assessment of sports trophies, given the diversity of treatments that can be applied. In the end, a restrictive criterion has been chosen, placing as a condition to be counted, that the venal value is significant and that it is also the result of an expert assessment.

It has also been considered appropriate to specifically include the applicable criteria in certain transactions, such as acquisitions of immobilized through permuse, including the particular case in which it is partially employed. a monetary amount, or similar lease contracts from an economic point of view, to financial leases, which are generally applicable in this adaptation, although they are generally applicable, because they consider the working group as can occur with some habituality in these entities.

As indicated in the accounts created specifically in this adaptation, the value criteria corresponding to the assets to which reference has been made are included. In particular, criteria are given for the treatment of the rights of player acquisition, which will be recorded as intangible immobilized for the amount to be paid to another entity for the concept of "transfer", as well as for all those expenses which are rationally necessary for the acquisition of the player, with the limit of the normal market conditions for player transfer operations. In addition, the theme regarding the renewal of the player rights contracts has been clarified, in the terms previously referred to, as well as the rights of participation and organization of sports competitions, investments in the land transferred in use and the franchise contracts of these Entities.

Valuation rules relating to deferred income by assignment of rights and future income have been included. With regard to the latter, it should be noted that the aforementioned valuation standard establishes the registration as an income to be distributed in various exercises of all those amounts, which in financial transactions are perceived by any concept as the transfer to a third party of the ownership of future income arising from the provision of services, thereby requiring that these revenues have been sold unconditionally, i.e. where the transferor cannot be required there is no guarantee or guarantee on the risk of the credit claim arising from the future the provision of the service, exclusively guaranteeing the transferor of future services.

New valuation rules are incorporated regarding the perceived compensation of insurance entities for the risks covered by insurance institutions, and the full and unconditional transfer of the ownership of receivables. Similarly, similar to that carried out in other sectoral adaptations, the content of the capital grants rule has been broadly developed and the allocation to the results of the various subsidies is being considered. function of the supported elements.

To conclude, it is appropriate to comment on the topic concerning temporary unions of companies and communities of goods, the regulation of which is generally contained in the rules for adapting the General Accounting Plan to the companies in the electricity sector, approved by Royal Decree 437/1998 of 20 March. The working group assessed the possibility of incorporating the abovementioned regulation into this adaptation, finally declining to include it taking into account the exceptional nature of these figures in this sector, without prejudice to the fact that they are fully applicable in cases where these entities participate in a temporary union or community of goods.

III

11. A topic that deserves special attention and does not affect a specific part of the text but its content is the definition that is made of the concept of Sports Entity. We have chosen to define this concept in the terms established in the Law of Sport, so it will be understood by Sports Entities all the sports associations such as clubs, groups of clubs, sports promotion entities, leagues professionals and Federations.

In the event that a Sports Entity meets the above definition, it forms part of a group or has some kind of linkage to those established in the General Accounting Plan as an associated or multigroup entity, the group concept on the Sports Entity shall always prevail, for the purposes of its classification in the annual accounts models.

12. Adapted the General Accounting Plan to the special characteristics of these entities, the Accounting and Audit Institute of Accounts has the assurance that they will have a very useful instrument for their own management. In addition, the standardised information obtained through the implementation of the plan will lead to the development of the annual accounts by these entities with sufficient content to meet the demands of the various economic operators and to improve national statistics.

FIRST PART

Accounting principles

Note: Given the importance of this part of the General Accounting Plan has been incorporated into this text even though the only modification introduced is the replacement of the term "company" by "entity".

1. The application of the accounting principles included in the following paragraphs shall lead to the annual accounts, clearly formulated, expressing the true and fair view of the assets, the financial situation and the results of the entity.

Where the application of the accounting principles laid down in this rule is not sufficient for the annual accounts to express the aforementioned true picture, the necessary explanations must be provided in the applied accounting principles.

In exceptional cases where the application of an accounting principle or any other accounting standard is incompatible with the true and fair image to be shown by the annual accounts, it shall be deemed to be application. All of which will be mentioned in the memory, explaining its motivation and indicating its influence on the patrimony, the financial situation and the results of the entity.

2. The accounting of the institution shall be developed by obligatorily applying the accounting principles set out below:

Principle of prudence. Only profits made at the end of the financial year shall be taken into account. On the other hand, the foreseeable risks and eventual losses arising from the financial year or the previous year must be accounted for as soon as they are known; these effects will be distinguished from the reversible or potential of the irreversible.

As a result, all risks and foreseeable losses, whatever their origin, will be present when such closure is carried out. Where such risks and losses are known between the end date of the financial year and the date on which the annual accounts are established, without prejudice to the balance sheet and profit and loss account, it shall be provided information of all of them in memory.

All types of depreciations will also be present, whether the result of the exercise is positive or negative.

Business start (entity) in operation. The management of the institution shall be deemed to have virtually unlimited duration. Consequently, the application of the accounting principles shall not be aimed at determining the value of the equity for the purposes of its overall or partial disposal or the resulting amount in the event of liquidation.

Record principle. Economic facts should be recorded when the rights or obligations arising from them are born.

The acquisition price principle. As a general rule, all goods and rights shall be accounted for for their purchase price or cost of production.

The principle of the purchase price must always be respected, except where it is authorized, by law, to rectify it; in this case, information must be provided in the memory.

The accrual principle. The allocation of revenue and expenditure shall be made on the basis of the actual current of goods and services which they represent and regardless of the time when the monetary or financial current arising from them occurs.

Income and expense correlation principle. The result of the financial year shall be the revenue of that period minus the costs of the same period for obtaining those expenses, as well as the profits and losses not clearly related to the activity of the institution.

Principle of non-compensation. In no case shall the assets and liabilities of the balance sheet and the items of expenditure and revenue which make up the profit and loss account, as set out in the annual accounts, be compensated for separately, members of the various asset and liability items.

Principle of uniformity. Adopted a criterion on the application of accounting principles within the alternatives which, where appropriate, they permit, must be maintained in time and applied to all heritage elements which have the same characteristics as non- the assumptions that motivated the choice of that criterion are altered.

To alter these assumptions, the adopted criterion may be modified; but in this case, these circumstances will be recorded in the memory, indicating the quantitative and qualitative impact of the variation on the accounts. year.

Principle of relative importance. The strict non-application of some of the accounting principles may be accepted as long as the relative importance in quantitative terms of the variation that such a development produces is scarcely significant and, consequently, does not alter the annual accounts as an expression of the true image referred to in paragraph 1.

3. In the case of conflicts between mandatory accounting principles, the best way to ensure that the annual accounts express the true and fair view of the assets, the financial situation and the results of the entity shall prevail.

Without prejudice to the foregoing paragraph, the principle of prudence shall be preferential to other principles.

SECOND PART

Chart of Accounts

Note: Only sector-specific accounts and sub-groups that do not appear in the General Accounting Plan and those other than have been the subject of their codification, definition or relationship are included. accounting.

For these purposes, these accounts appear in the corresponding subgroup, with the rest of the accounts that complete the same.

In this adaptation those subgroups and accounts of the General Accounting Plan in which the term "company" appears has been replaced by "entity"; but this substitution has not been considered significant enough to introduce it as an amendment to the General Accounting Plan; therefore the sub-groups and accounts that have suffered only this variation are not included in this text.

Entities will open the accounts of four or more figures, for different sports sections, necessary to provide the information required in memory.

Group 1

Basic Financing

10. Capital

100. Social capital (*).

1000. Ordinary capital.

1001. Privileged capital.

1002. Non-voting capital.

1003. Capital with restricted rights.

101. Social fund.

13. Revenue to be distributed in various exercises

130. Official capital grants (*).

1300. Capital grants from the Sports Council (*).

1301. Capital grants from Autonomous Communities (*).

1309. Capital grants from other public entities (*).

131. Capital grants of Sports Entities (*).

1310. Capital grants from Federations (*).

1311. Capital grants from the National Professional League (*).

132. Capital grants (*).

133. Other grants (*).

134. Deferred revenue by cession of rights (*).

135. Deferred interest income (*).

136. Positive differences in currency other than the euro (*).

137. Transfer of future revenue (*).

14. Provisions for risks and expenses

140. Provision for obligations to staff (*).

141. Provision for taxes.

142. Provision for responsibilities.

143. Provision for major repairs.

144. Reversal fund.

145. Provision for risks (*).

146. Provision for environmental actions (*).

148. Provision for negative residual value (*).

16. Long-term debts with group and partner entities

160. Long-term debt to group entities.

1600. Long-term loans from group entities.

1609. Other long-term debt to group entities.

161. Long-term debts to associated entities.

162. Long-term debt with group credit institutions.

163. Long-term debts with associated credit institutions.

164. Long-term fixed asset suppliers, group entities.

165. Long-term immobilised suppliers, associated entities.

17. Long-term debts for loans received and other concepts

170. Long-term debt with credit institutions.

1700. Long-term loans from credit institutions.

1709. Other long-term debt with credit institutions.

171. Long-term debts.

172. Long-term debts that can be transformed into grants (*).

173. Long-term fixed assets (*) suppliers.

174. Long-term effects to be paid.

175. Long-term debts with Sports Entities (*).

1750. Loans from Federations (*).

1751. Professional National League (*) loans.

1759. Loans from other Sports Entities (*).

176. Sports Entities, effects to be paid in the long term (*).

19. Transitional financing situations

190. Shareholders for unrequired disbursements.

191. Shareholders for unrequired disbursements, group entities.

192. Shareholders for unrequired disbursements, associated entities.

193. Shareholders for outstanding non-cash contributions.

194. Shareholders for outstanding non-cash contributions, group entities.

195. Shareholders for outstanding non-cash contributions, associated entities.

196. Club partners, part not disbursed (*).

198. Own actions in special situations.

199. Own shares for capital reduction.

Group 2

Quiesced

20. Establishment expenses

200. Costs of incorporation.

201. First-establishment expenses.

202. Capital increase expenditure.

203. Installation and conditioning costs of land transferred in precarious (*).

21. Intangible fixed assets

210 Administrative Concessions (*).

211. Industrial property (*).

212. Goodwill (*).

213. Local transfer rights (*).

214. Computer applications (*).

215. Player acquisition rights (*).

216. Rights to property or other rights under a financial lease or similar formula (*).

2160. Duties on goods or other sporting rights under a financial lease or similar formula (*).

2161. Duties on other goods under the financial lease or similar formula (*).

217. Rights to participate in competitions and organisation of sporting events (*).

2170. Rights to participate in competitions (*).

2171. Rights of organisation of sporting events (*).

218. Rights to investments made in land or facilities transferred (*).

219. Advances for intangible fixed assets.

2190. Advances for intangible fixed assets (*).

2191. Advances for other intangible fixed assets (*).

22. Tangible assets

220. Land and natural assets (*).

221. Constructs (*).

2210. Social Local (*).

2211. Offices (*).

2219. Other constructs (*).

222. Technical installations (*).

2220. Electrical installations (*).

2221. Public address (*).

2222. Electronic marker (*).

2223. Tornos (*).

223. Machinery (*).

224. Sports stadiums and pavilions (*).

2240. Stadiums (*).

2241. Sports pavilions (*).

2249. Other sports buildings (*).

225. Other facilities.

226. Furniture and sports equipment (*).

2260. Furniture (*).

2261. Sports equipment (*).

2262. Trophies (*).

227. Teams for information processes.

228. Transport elements.

229. Other tangible fixed assets.

2290. Medical equipment, appliances and medical instruments (*).

23. Tangible assets in progress

230. Adaptation of land and natural assets.

231. Builds in progress.

232. Technical installations in assembly.

233. Machinery in assembly.

234. Sports stadiums and pavilions in progress (*).

237. Equipment for mounting information processes.

239. Advances for tangible fixed assets.

25. Other permanent financial investments

250. Permanent financial investments in capital (*).

2500. Permanent financial investments in shares with trading on an organised secondary market.

2501. Permanent financial investments in non-traded shares in an organised secondary market.

2502. Permanent financial investments in Sports Entities (*).

2503. Other financial investments in capital (*).

251. Fixed income securities.

252. Long-term credits (*).

2521. Claims for compensation of insurance entities (*).

2529. Other long-term credits (*).

253. Long-term credit for the disposal of fixed assets (*).

254. Long-term credit to staff.

255. Long-term credits to Sports Entities (*).

256. Long-term interest in fixed income securities.

257. Long-term interest on loans.

2570. Long-term interest of credits to Sports Entities (*).

2571. Long-term interests of other credits (*).

258. Long-term impositions.

259. Outstanding disbursements on shares.

27. Expenses to be distributed in various exercises

270. Debt formalisation costs.

271. Deferred interest expense of marketable securities.

272. Deferred interest expense.

273. Image rights of players and technicians (*).

274. Expenses for franchise contracts (*).

28. Cumulative depreciation of fixed assets

281. Accumulated depreciation of intangible fixed assets.

2810. Accumulated amortization of administrative concessions (*).

2811. Accumulated depreciation of industrial property (*).

2812. Accumulated amortisation of goodwill (*).

2813. Accumulated amortization of local transfer rights (*).

2814. Accumulated amortization of computer applications (*).

2815. Accumulated amortization of player acquisition rights (*).

2816. Accumulated depreciation of rights on goods under the financial leasing scheme (*).

2817. Accumulated depreciation of rights to participate in competitions and organisation of sporting events (*).

2818. Accumulated depreciation of rights on investments made in land or facilities transferred (*).

282. Accumulated depreciation of tangible fixed assets.

2821. Cumulative amortization of builds.

2822. Accumulated amortization of technical facilities.

2823. Accumulated depreciation of machinery.

2824. Cumulative depreciation of sports stadiums and pavilions (*).

2825. Accumulated amortization of other facilities.

2826. Accumulated depreciation of furniture and sports equipment (*).

2827. Accumulated amortization of equipment for information processes.

2828. Cumulative amortization of transport items.

2829. Accumulated amortization of other tangible assets.

29. Provisions for fixed assets

291. Provision for depreciation of intangible fixed assets.

2910. Provisions for depreciation of immobilised sports equipment (*).

2911. Provisions for depreciation of other intangible fixed assets (*).

292. Provision for depreciation of tangible fixed assets.

293. Provision for depreciation of long-term marketable securities of group entities.

2930. Provision for depreciation of long-term equity holdings of group entities.

2935. Provision for depreciation of long-term fixed income securities of group entities.

294. Provision for depreciation of long-term marketable securities of associated entities.

2941. Provision for depreciation of long-term equity holdings of associated entities.

2946. Provision for depreciation of long-term fixed income securities of associated entities.

295. Provision for long-term credit insolvencies to group entities.

296. Provision for long-term credit insolvencies to associated entities.

297. Provision for depreciation of marketable securities in the long term.

298. Provision for long-term credit insolvencies.

Group 3

Stocks

30. Sports equipment (*)

300. Sports Material A (*).

301. Sports material B (*).

31. Medicinal products and consumer health material (*)

310. Medicines A (*).

311. Drugs B (*).

312. Sanitary Material A (*).

313. Health Material B (*).

32. Propaganda and marketing material (*)

321. Propaganda material A (*).

322. Propaganda material B (*).

326. Marketing Material A (*).

327. Marketing material B (*).

33. Other supplies (*)

330. Fuels (*).

331. Spare parts (*).

335. Miscellaneous materials (*).

336. Office material (*).

39. Provisions for depreciation of stocks

390. Provision for depreciation of sports equipment (*).

391. Provision for depreciation of medicinal products and consumer health material (*).

392. Provision for depreciation of propaganda and marketing material (*).

393. Provision for depreciation of other supplies (*).

Group 4

Creditors and debtors of the activity

40. Suppliers

400. Suppliers (*).

4000. Suppliers (Euro) (*).

4004. Suppliers (currency other than euro) (*).

4009. Suppliers, invoices to receive or to formalize.

401. Suppliers, commercial effects to be paid.

402. Providers, entities in the group.

4020. Suppliers, group entities (euro) (*).

4021. Commercial effects to be paid, entities in the group.

4024. Suppliers, group entities (currency other than euro) (*).

4029. Suppliers, entities in the group, invoices to receive or to formalize.

403. Providers, associated entities.

407. Advances to suppliers (*).

41. Miscellaneous creditors

410. Creditors for service provision (*).

4100. Creditors for services (euro) (*)

4101. Creditors for services provided (currency other than euro) (*).

4109. Creditors for services, invoices to receive or to formalize.

411. Federations, creditors (*).

412. National Professional League, creditors (*).

413. Other Sports Entities, creditors (*).

415. Creditors, commercial effects to be paid (*).

416. Sports Entities, commercial effects to be paid (*).

419. Creditors for transactions in common.

43. Subscribers and Partners (*)

430. Subscribers (*).

431. Partners, by quotas (*).

435. Subscribers and partners of doubtful collection (*).

437. Advances from subscribers and partners (*).

44. Miscellaneous debtors

440. Debtors (*).

4400. Debtors (euro) (*).

4404. Debtors (currency other than euro) (*).

4409. Debtors, invoices pending formalize.

441. Federations, debtors (*).

442. National Professional League, debtors (*).

443. Other Sports Entities, Debtors (*).

444. Debtors, commercial effects receivable (*).

4440. Debtors, commercial effects on portfolio (*).

4441. Debtors, discounted trade effects (*).

4442. Debtors, commercial effects on collection management (*).

4445. Debtors, unpaid business effects (*).

445. Sports Entities, commercial effects to be charged (*).

4450. Sports Entities, commercial effects in portfolio (*).

4451. Sports Entities, discounted commercial effects (*).

4452. Sports Entities, commercial effects in collection management (*).

4455. Sports Entities, unpaid business effects (*).

446. Debtors of doubtful collection (*).

447. Sports Entities of doubtful collection (*).

448. Debtors for compensation of insurance entities for the activity (*).

449. Debtors for transactions in common.

46. Staff

460. Advances in remuneration.

465. Remuneration to be paid (*).

4650. Remuneration to be paid, sports template (*).

4651. Unpaid remuneration for non-sports staff (*).

47. General government

470. Public Finance, debtor for various concepts.

4700. Public Finance, debtor for VAT.

4708. Public Finance, debtor for grants awarded.

4709. Public Finance, debtor for tax refund.

471. Social Security Agencies, debtors.

472. Public Finance, VAT supported.

473. Public finances, withholding and payments on account (*).

474. Advance benefit tax and loss compensation.

4740. Advance benefit tax.

4745. Credit for losses to compensate for the financial year ...

475. Public Finance, creditor by tax concepts.

4750. Hacienda Pública, creditor for VAT.

4751. Hacienda Pública, creditor for withholding taxes.

4752. Public Finance, creditor by corporation tax (*).

4758. Public Finance, creditor for grants to be reintegrated.

476. Social Security Agencies, creditors (*).

477. Public finances, VAT passed on.

479. Deferred benefit tax.

49. Provisions for operations of the activity (*)

490. Provision for activity insolvencies (*).

493. Provision for insolvencies of group entity activity (*) •

494. Provision for insolvencies of the activity of associated entities (*).

495. Provision for insolvencies of the activity of Sports Entities (*).

499. Provision for other operations of the activity (*).

Group 5

Financial Accounts

51. Short-term debts with group and partner entities

510. Short-term debts to entities in the group.

5100. Short term loans of group entities.

5109. Other short-term debts with group entities.

511. Short-term debts to associated entities.

512. Short-term debts with credit institutions in the group.

5120. Short term loans of credit institutions in the group.

5128. Debt for discounted effects on credit institutions in the group.

5129. Other short-term debts with credit institutions in the group.

513. Short-term debts with associated credit institutions.

514. Short-term, fixed-time, group entities.

515. Short-term, fixed asset suppliers, associated entities.

516. Short-term interest on debt to group entities.

517. Short-term interest on debts to associated entities.

52. Short term debts for loans received and other concepts

520. Short-term debt with credit institutions.

5200. Short-term loans from credit institutions.

5201. Short-term debts by willing credit.

5208. Debt for discounted effects (*).

521. Short-term debts.

522. Short-term debts with Sports Entities (*).

5220. Loans from Federations (*).

5221. Professional National League (*) loans.

5224. Loans from other Sports Entities (*).

523. Short term (*) fixed asset suppliers.

524. Effects to be paid in the short term.

525. Sports Entities, effects to be paid in the short term (*).

526. Active dividend payable (*).

528. Short-term interest on debts (*).

5280. Short-term interest on debt with Sports Entities (*).

5281. Short-term interest on other debts (*).

54. Other temporary financial investments

540. Temporary financial investments in capital (*).

5400. Temporary financial investments in shares traded on an organised secondary market.

5401. Temporary financial investments in non-traded shares in an organised secondary market.

5402. Temporary financial investments in Sports Entities (*).

5403. Other temporary financial investments in capital (*).

541. Short-term fixed income securities.

542. Short term credits (*).

5420. Short-term credit for the disposal of fixed assets (*).

5421. Claims for compensation of insurance entities (*).

5429. Other short-term credits (*).

543. Short term credits to Sports Entities (*).

544. Short-term credit to staff.

545. Dividend receivable.

546. Short-term interest on fixed income securities.

547. Short term interest on loans.

5470. Short term interest on credits to Sports Entities (*).

5471. Short-term interest on other loans (*).

548. Short-term impositions.

549. Outstanding disbursements on short-term shares.

55. Other non-bank accounts

551. Current account with entities in the group.

552. Current account with associated entities.

553. Current account with partners and administrators.

554. Current account with Sports Entities (*).

555. Items pending application.

556. Required disbursements on shares.

5560. Required disbursements on shares of entities in the group.

5561. Required disbursements on shares of associated entities.

5562. Required disbursements on shares of other entities.

557. Active dividend on account (*).

558. Shareholders for required disbursements.

559. Expense advances to justify (*).

57. Treasury

570. Box, EUR (*).

571. Box, currency other than euro (*).

572. Banks and credit institutions c/c. view, euro (*).

573. Banks and credit institutions c/c. view, currency other than euro (*).

574. Banks and credit institutions savings accounts, euros (*).

575. Banks and credit institutions, savings accounts, currency other than the euro (*).

Group 6

Purchases and Expenses

60. Purchases

600. Purchases of sports equipment (*).

601. Purchases of medicines and consumer health material (*).

602. Purchases of propaganda and marketing material (*).

603. Purchases of other supplies (*).

608. Purchase returns and similar operations.

6080. Sports material purchases returns (*).

6081. Returns on purchases of medicines and consumer health material (*).

6082. Sales returns of propaganda and marketing material (*).

6083. Purchases returns from other supplies (*).

609. "Rappels" for purchases.

6090. "Rappels" for purchases of sports equipment (*).

6091. "Rappels" for purchases of medicines and consumer health material (*).

6092. "Rappels" for purchases of propaganda and marketing material (*).

6093. "Rappels" for purchases of other supplies (*).

61. Stock variation

610. Stock variation of sports equipment (*).

611. Change in stocks of medicinal products and consumer health material (*).

612. Change in stocks of propaganda and marketing material (*).

613. Stock variation of other supplies (*).

62. External services

620. Communications (*).

621. Leases and royalties.

622. Repairs and preservation (*).

623. Services of independent professionals (*).

624. Transport.

625. Insurance premiums (*).

626. Banking and similar services.

627. Advertising, propaganda and public relations.

628. Supplies.

629. Other services (*).

63. Tributes

630. Profit tax (*).

631. Other tributes.

633. Negative adjustments to taxation on profits.

634. Negative adjustments to indirect taxation.

6341. Negative adjustments in circulating VAT.

6342. Negative adjustments in investment VAT.

636. Tax refund.

638. Positive adjustments in taxation on profits.

639. Positive adjustments in indirect taxation.

6391. Positive adjustments in circulating VAT.

6392. Positive adjustments in investment VAT.

64. Staff costs

640. Wages and salaries, sports staff (*).

6400. Fixed remuneration (*).

6401. Remuneration for image rights (*). 6403. Premiums matches (*).

6404. Annual premiums (*).

6405. Diets (*).

6409. Other remuneration (*).

641. Salaries and salaries of non-sports staff (*).

6410. Fixed remuneration (*).

6411. Eventual remuneration (*).

6419. Other remuneration (*).

642. Compensation (*).

6420. Compensation, sports staff (*). 6421. Compensation to non-sports staff (*).

643. Social security in charge of the entity (*).

6430. Social security, sports template (*).

6431. Social security of non-sports staff (*).

644. Contributions to supplementary pension systems and other obligations to staff (*).

649. Other social expenditure (*).

65. Other management costs

650. Bad commercial credit losses (*).

651. Results of operations in common.

655. Shares to Sports Entities (*).

656. Participation costs in sports competitions (*).

657. Grants to other Sports Entities (*).

658. Sports sanctions (*).

659. Other losses in current management (*).

66. Financial expenses

661. Bond and bond interest.

6610. Long-term bond and bond interest in group entities.

6611. Long-term bond and bond interest in associated entities.

6613. Long-term bond and bond interest in other entities.

6615. Interest on short-term bonds and bonds in group entities.

6616. Interest on short-term bonds and bonds in associated entities.

6618. Interest on short-term bonds and bonds in other entities.

662. Long-term debt interest.

6620. Long-term debt interest with group entities.

6621. Long-term debt interest with associated entities.

6622. Long-term debt interest with credit institutions.

6623. Long-term debt interest with Sports Entities (*).

6624. Long-term debt interest with other entities (*).

663. Interest on short-term debts.

6630. Short-term debt interest with group entities.

6631. Short-term debt interest with associated entities.

6632. Interest on short-term debt with credit institutions.

6633. Short-term debt interest with Sports Entities (*).

6634. Short-term debt interest with other entities (*).

664. Interest on discount for effects.

6640. Interest on discount of effects on credit institutions of the group.

6641. Interest on effects discount on associated credit institutions.

6643. Interest on discount for effects on other credit institutions.

666. Losses in marketable securities.

6660. Losses in long-term marketable securities of group entities.

6661. Losses in long-term marketable securities of associated entities.

6662. Losses on permanent financial investments in Sports Entities (*).

6663. Losses in long-term marketable securities of other entities.

6665. Losses in short-term marketable securities of group entities.

6666. Losses in short-term marketable securities of associated entities.

6667. Losses in temporary financial investments in Sports Entities (*).

6668. Losses on short-term marketable securities of other entities.

667. Credit losses.

6670. Long-term credit losses to group entities.

6671. Long-term credit losses to associated entities.

6672. Long-term credit losses to Sports Entities (*).

6673. Long-term credit losses to other entities.

6675. Short-term credit losses to group entities.

6676. Short term credit losses to associated entities.

6677. Short-term credit losses to Sports Entities (*).

6678. Short-term credit losses to other entities.

668. Negative differences of change (*).

669. Other financial expenses (*).

67. Losses from fixed assets and exceptional expenses

670. Losses from intangible fixed assets (*).

671. Losses from tangible fixed assets (*).

672. Losses from long-term equity holdings of entities in the group.

673. Losses from long-term equity holdings of associated entities.

674. Losses from operations with own shares and obligations.

676. Loss from player transfer (*).

678. Extraordinary expenses (*).

6780. Penalties (*).

6789. Other extraordinary expenses (*).

679. Expenses and losses from previous years.

68. Endowments for redemptions

680. Amortization of establishment expenses.

681. Depreciation of intangible fixed assets (*).

6810. Amortization of player acquisition rights (*).

6811. Depreciation of other intangible assets (*).

682. Depreciation of tangible fixed assets (*).

69. Allocations to provisions

690. Endowment to the reversal fund.

691. Provision for the provision of intangible fixed assets.

692. Provision for the provision of tangible fixed assets.

693. Provision for the provision of stocks.

694. Provision for the provision for insolvencies of the activity (*).

695. Provision for provision for other operations of the activity (*).

696. Provision for provision for long-term marketable securities.

6960. Provision for the provision for long-term equity holdings of group entities.

6961. Provision for the provision for long-term equity holdings of associated entities.

6963. Provision for provision for long-term marketable securities of other entities.

6965. Provision for the provision for long-term fixed income securities of group entities.

6966. Provision for provision for long-term fixed income securities of associated entities.

697. Provision for the provision of long-term credit insolvencies.

6970. Provision for the provision of long-term credit insolvencies to group entities.

6971. Provision for the provision of long-term credit insolvencies to associated entities.

6973. Provision for the provision of long-term credit insolvencies to other entities.

6974. Provision for the provision for long-term credit insolvencies to Sports Entities (*).

698. Provision for provision for marketable securities in the short term.

6980. Provision for the provision for short-term marketable securities of group entities.

6981. Provision for provision for short-term marketable securities of associated entities.

6983. Provision for the provision for short-term marketable securities of other entities.

699. Provision for the provision of short-term credit insolvencies.

6990. Provision for the provision of short-term credit insolvencies to group entities.

6991. Provision for the provision of short-term credit insolvencies to associated entities.

6993. Provision for the provision of short-term credit insolvencies to other entities.

6994. Provision for the provision for short-term credit insolvencies to Sports Entities (*).

Group 7

Sales and revenue

70. Sports revenue (*)

700. League Revenue (*).

701. Cup Revenue (*).

702. Revenue from international official competitions (*).

703. Revenue from other competitions and friendly matches (*).

706. Marketing Revenue (*).

707. Retransmission rights (*).

708. Advertising revenue (*).

7080. Static advertising revenue (*).

7081. Dynamic Advertising Revenue (*).

7082. Income per Professional National League (*).

709. Participation in Mutual Sports Bets (*).

71. Revenue by subscribers and partners (*)

710. Subscriber Revenue (*).

711. Revenue from carnets (*).

73. Jobs performed for the entity

730. Incorporation into the establishment expense asset.

731. Work done for the intangible fixed assets (*).

732. Work carried out for the fixed assets.

733. Work carried out for the fixed assets in progress.

735. Activities carried out in the application of provisions for risks and expenses (*).

737. Incorporation into the debt formalization expense asset.

74. Grants to the holding

740. Official grants to the holding (*).

7400. Subsidies for the exploitation of the Superior Council of Sports (*).

7401. Grants to the exploitation of Autonomous Communities (*).

7409. Grants to the holding of other public entities (*).

741. Grants to the exploitation of Sports Entities (*).

7410. Grants to the exploitation of Federations (*).

7411. Grants to the exploitation of the National Professional League (*).

7419. Grants to the holding of other Sports Entities (*).

742. Other grants to the holding (*).

75. Other management revenue

750. Other stock sales (*).

751. Results of operations in common.

7510. Loss transferred (manager).

7511. Attributed benefit (participant or non-manager associate).

752. Revenue from leases.

754. Fee income.

755. Income from services to staff.

756. Income from insurance compensation for claims in the activity (*).

757. Revenue by transfer of players (*).

759. Other income (*).

76. Financial income

760. Income from equity participations.

7600. Income from equity holdings of entities in the group.

7601. Revenue from equity holdings of associated entities.

7603. Income from equity holdings of other entities.

761. Income from fixed income securities.

7610. Group entity fixed income securities income.

7611. Income from fixed income securities of associated entities.

7613. Income from fixed income securities of other entities.

762. Long-term credit income.

7620. Long-term credit income to group entities.

7621. Long-term credit income to associated entities.

7623. Long-term credit income to other entities.

7624. Long-term credit income to Sports Entities (*).

763. Short-term credit income.

7630. Short term credit income to group entities.

7631. Short term credit income to associated entities.

7633. Short term credit income to other entities.

7634. Short term credit income to Sports Entities (*).

765. Discounts on purchases for early payment.

7650. Discounts on purchases for early payment by group entities.

7651. Early purchase discounts for associated entities.

7653. Discounts on purchases for early payment from other entities.

760. Benefits in marketable securities.

7660. Benefits in long-term marketable securities of group entities.

7661. Benefits in long-term marketable securities of associated entities.

7662. Benefits in permanent financial investments in Sports Entities (*).

7663. Benefits in long-term marketable securities of other entities.

7665. Benefits in short-term marketable securities of group entities.

7666. Benefits in short-term marketable securities of associated entities.

7667. Benefits in temporary financial investments in Sports Entities (*).

7668. Benefits in short-term marketable securities of other entities.

767. Income from insurance compensation for exchange rate risk (*).

768. Positive differences of change (*).

769. Other financial income.

77. Benefits from immobilised and exceptional income

770. Benefits from intangible fixed assets (*).

771. Benefits from tangible fixed assets.

772. Profit from long-term equity holdings of entities in the group.

773. Benefits from long-term equity holdings of associated entities.

774. Profit from operations with own shares and obligations.

775. Capital grants transferred to the result of the financial year (*).

776. Benefits from the transfer of players (*).

778. Extraordinary revenue (*).

7780. Compensation for insurance (*).

7781. Compensation for extraordinary damages (*).

7789. Other extraordinary income (*).

779. Income and benefits from previous years.

79. Excess and application of provisions

790. Excess provision for risks and expenses.

791. Excess supply of intangible fixed assets.

792. Excess supply of the fixed assets.

793. Provision of applied stock.

794. Provision for insolvencies of the applied activity (*).

795. Provision for other operations of the applied activity (*).

796. Excess provision for long-term marketable securities.

7960. Over-provision for long-term equity holdings of group entities.

7961. Over-provision for long-term equity holdings of associated entities.

7963. Excess provision for long-term marketable securities of other entities.

7965. Excess provision for long-term fixed income securities of group entities.

7966. Excess provision for long-term fixed income securities of associated entities.

797. Excess provision for long-term credit insolvencies.

7970. Excess provision for long-term credit insolvencies of group entities.

7971. Excess provision for long-term credit insolvencies of associated entities.

7973. Excess provision for long-term credit insolvencies of other entities.

7974. Excess provision for long-term credit insolvencies of Sports Entities (*).

798. Excess provision for short term marketable securities.

7980. Excess provision for short-term marketable securities of group entities.

7981. Excess provision for short-term marketable securities of associated entities.

7983. Excess provision for short-term marketable securities of other entities.

799. Excess provision for short-term credit insolvencies.

7990. Excess provision for short-term credit insolvencies of group entities.

7991. Excess provision for short-term credit insolvencies of associated entities.

7993. Excess provision for short-term credit insolvencies of other entities.

7994. Excess provision for short-term credit insolvencies of Sports Entities (*).

THIRD PART

Accounting definitions and relationships

Note: Only those subgroups and accounts whose accounting, definition, or accounting relationship have been modified are included.

Entities will open the accounts of four or more figures, for different sports sections, necessary to provide the information required in memory.

Group 1

Basic Financing

It includes the own resources and long-term foreign funding of the institution, which is generally intended to finance the permanent asset and to cover a reasonable margin for the circulation; it also includes the income to be distributed in various exercises, own actions and other transitional situations of basic funding.

10. Capital

100. Social capital (*).

101. Social fund.

100. Share capital (*)-subscribed capital in companies which are in the form of a commercial form.

Dealing with public limited liability companies, the issue and subscription of shares shall be recorded in the form that they have as appropriate, as long as they are in the period of subscription and no registration has been made in the Merchant Record.

Your move is as follows:

a) It shall be paid for the initial capital and subsequent extensions.

(b) It shall be charged for the reductions of the same and the extinction of the company after the settlement period has elapsed.

13. Revenue to be distributed in various exercises

130. Official capital grants (*).

131. Capital grants of Sports Entities (*).

132. Capital grants (*).

133. Other grants (*).

134. Deferred revenue by cession of rights (*).

135. Deferred interest income (*).

136. Positive differences in currency other than the euro (*).

137. Transfer of future revenue (*).

130. Official capital grants (*). -Those granted by the Superior Council of Sports, Autonomous Communities and other public entities, for the establishment or fixed structure of the institution, when they are not reintegrable, according to the criteria set out in the Valuation Standards.

Your move is as follows:

a) It will be paid:

a1) By the grant awarded to the entity from the accounts of the subgroup 47 or 57.

a2) For long-term debts that are transformed into grants, from account 172.

(b) The amount of the subsidy charged as revenue shall be charged at the end of the financial year with a subscription to the account 775.

131. Capital grants of Sports Entities (*). -Grants, donations and legacies granted by Federations, the National Professional League and other Sports Entities for the establishment or fixed structure of the entity, when they are not reintegrable, in accordance with the criteria set out in the Valuation Standards.

Your movement is analogous to the one pointed out for account 130.

132. Capital grants (*)-grants, grants and legacies granted by undertakings or individuals, for the establishment or fixed structure of the institution, where they are not reintegrable, in accordance with the criteria laid down in the Rules of Procedure Assessment.

Your movement is analogous to the one pointed out for account 130.

133. Other grants (*)-Grants, donations and legacies granted that are not included in the accounts above, where they are not reintegrable, in accordance with the criteria set out in the Valuation Rules.

Four-figure accounts will be opened to distinguish those granted by Public Administrations, companies and individuals.

Your movement is analogous to the one pointed out for account 130.

134. Deferred income by cession of rights (*) -Income derived from exclusive contracts that contemplate the assignment of different rights, in the terms indicated in the Valuation Rules, where the movement of this account is explained.

135. Deferred interest income (*)-The interest incorporated in the nominal amount of the loans granted in the course of the activity, the imputation of which must be carried out in future years.

Your move is as follows:

(a) It shall be paid for the amount of financial income that is different for successive years, generally taken into account in subgroup 44.

(b) The amount of deferred revenue to be charged to the financial year shall be charged at the end of the financial year with a subscription to the accounts of subgroup 76.

136. Positive differences in currency other than the euro (*)-positive differences arising from the conversion of currency balances other than the euro representing fixed income, credit and debt securities; in accordance with the provisions of the Assessment of this text.

Your move is as follows:

a) It will be paid for the amount of positive differences.

(b) It shall be debited when the securities, claims and debts arising out of these differences or when they are attributable to results in accordance with the Valuation Rules, shall be debited or cancelled in advance account 768.

137. Transfer of future income (*). -Amount received by the transfer of the ownership of future income, in the terms indicated in the Valuation Rules, where the movement of this account is explained.

14. Provisions for risks and expenses

140. Provision for obligations to staff (*).

141. Provision for taxes.

142. Provision for responsibilities.

143. Provision for major repairs.

144. Reversal fund.

145. Provision for risks (*).

146. Provision for environmental actions (*).

148. Provision for negative residual value (*).

140. Provision for staff obligations (*)-Funds intended to cover legal or contractual obligations concerning the staff of the institution.

Your move is as follows:

a) It will be paid:

a1) By estimates of annual accruals, with account 644.

a2) For the amount of income attributable to the provision constituted, with account 662.

b) Charged:

b1) When the provision is applied, with credit, generally, to subgroup 57 accounts.

b2) For excess provisioning, with credit to account 790.

145. Provision for risks (*)-Funds intended by the institution to cover the economic risk, indeterminate in its exact amount, where there has been an extraordinary circumstance, both as regards stadiums or sports facilities, and the sports life of the players: accidents, diseases, injuries, etc.

Your move is as follows:

(a) It shall be paid for the annual accrual estimate, generally charged to the accounts of subgroup 67.

b) Charged:

b1) When the provision is applied, with credit, generally, to subgroup 57 accounts.

b2) For excess provisioning, with credit to account 790.

146. Provision for environmental actions (*)-Those constituted as a result of legal or contractual obligations of the entity, or commitments acquired by the entity, to prevent, reduce or repair damage to the environment.

Your move is as follows:

(a) It shall be paid at the birth of the obligation or commitment, with a charge, generally, to account 622 or 623.

b) Charged:

b1) When the provision is applied, with credit, generally, to subgroup 57 accounts.

b2) When your application is made by the entity itself, with credit to account 735.

b3) For excess provisioning, with credit to account 790.

148. Provision by negative residual value (*)-Estimated amount of negative residual value of a fixed asset.

Your movement is analogous to the one pointed out for account 145.

16. Long-term debts with group and partner entities

160. Long-term debt to group entities.

161. Long-term debts to associated entities.

162. Long-term debt with group credit institutions.

163. Long-term debts with associated credit institutions.

164. Providers of long-term fixed assets, group entities.

165. Long-term immobilised suppliers, associated entities.

Debts whose maturity is to occur within a period of more than one year, as opposed to group, multi-group and associated entities, including those which by their nature should be included in sub-groups 15, 17 or 18.

The accounts of this subgroup will be on the liability side of the balance sheet, forming part of long-term creditors.

The share of long-term debt that has a short maturity must be included in the liability of the balance sheet in the pool: Short-term creditors; for these purposes the amount representing long-term debts will be transferred with short maturity to the corresponding accounts in subgroup 51.

When it comes to subordinated debt or equity loans, four-figure accounts will be created that collect these operations.

17. Long-term debts for loans received and other concepts

170. Long-term debt with credit institutions.

171. Long-term debts.

172. Long-term debts that can be transformed into grants (*).

173. Long-term fixed assets (*) suppliers.

174. Long-term effects to be paid.

175. Long-term debts with Sports Entities (*.).

176. Sports Entities, effects to be paid in the long term (*).

Non-instrumented long-term foreign financing in marketable securities or contracted with group, multi-group and associated entities.

The accounts of this subgroup will be on the liability side of the balance sheet, forming part of long-term creditors.

The share of long-term debt that has a short maturity must be included in the liability of the balance sheet in the pool: Short-term creditors; for these purposes the amount representing long-term debts will be transferred with short maturity to the corresponding accounts in subgroup 52.

When it comes to subordinated debt or equity loans, four-figure accounts will be created that collect these operations.

172. Long-term debts that can be converted into grants (*). -Cantities granted by public administrations, companies or individuals with a grant, donation and reintegrable legacy.

Your move is as follows:

(a) It shall be paid for the amounts granted to the entity in charge, generally, to the accounts of subgroup 47 or 57.

b) Charged:

b1) For any circumstance that determines the total or partial reduction of the same, according to the terms of its concession, with credit, generally, to the account 4758.

b2) If you lose your reintegrable character, credit your account balance 130, 131, 132, or 133.

173. Long-term fixed assets (*). -Deures with suppliers of goods defined in Group 2, except for those contracted with Sports Entities, with a maturity of more than one year.

Your move is as follows:

(a) It shall be paid for the receipt in accordance with the goods supplied, from group 2 accounts and, where appropriate, to account 272.

b) Charged:

b1) By accepting effects to be paid, with credit to account 174.

b2) For the early, total or partial cancellation of debts, with credit to the accounts of subgroup 57 and, where applicable, account 272.

175. Long-term debts with Sports Entities (*). -Those contracted with Federations, the National Professional League, and other Sports Entities for loans received and other debits, with a maturity of more than one year.

Your movement is analogous to the one pointed out for account 171.

It will include, with due development in the accounts of the four or more figures, the amount of the debts to be included in this subgroup when they contract with different Sports Entities.

176. Sports Entities, effects to be paid in the long term (*). -Deures contracted with Federations, the National Professional League and other Sports Entities for loans received and other debits with maturity of more than one year, instrumented by spin effects, including those that have their origin in supplies of fixed assets.

Your movement is analogous to the one pointed out for account 174.

19. Transitional financing situations

190. Shareholders for unrequired disbursements.

191. Shareholders for unrequired disbursements, group entities.

192. Shareholders for unrequired disbursements, associated entities.

193. Shareholders for outstanding non-cash contributions.

194. Shareholders for outstanding non-cash contributions, group entities.

195. Shareholders for outstanding non-cash contributions, associated entities.

196. Club partners, part not disbursed (*).

198. Own actions in special situations.

199. Own shares for capital reduction.

196. Club Partners, Unpaid Party (*). -Trating to entities without a commercial form will, where appropriate, include in this account the outstanding amounts of disbursement by amounts that the partners and subscribers satisfy in one or several times, in the concept of foundational entry fees or any other contributions that have the character of the contribution to the social fund.

This account meets the same purpose, as far as the entities indicated are concerned, that count 190.

It will appear in the balance sheet asset.

Your movement is analogous to the one pointed out for account 190.

Group 2

Quiesced

Comprises the elements of the patrimony intended to serve in a lasting way in the activity of the entity. Also included in this group are "establishment expenses" and "expenses to be distributed in various exercises."

20. Establishment expenses

200. Costs of incorporation.

201. First-establishment expenses.

202. Capital increase expenditure.

203. Installation and conditioning costs of land transferred in precarious (*).

203. Costs of installation and conditioning of land transferred in precarious (*). -Investments made by the entity on land used by it and which have been transferred to it in precarious conditions.

Your movement is analogous to the one pointed out for account 201.

21. Intangible fixed assets

210. Administrative concessions (*).

211. Industrial property (*).

212. Goodwill (*).

213. Local transfer rights (*).

214. Computer applications (*).

215. Player acquisition rights (*).

216. Rights to property or other rights under a financial lease or similar formula (*).

217. Rights to participate in competitions and organisation of sporting events (*).

218. Rights to investments made in land or facilities transferred (*).

219. Advances for intangible fixed assets.

210. Administrative concessions (*). -Expenditure incurred in obtaining rights of exploitation granted by the State or other Public Administrations, or the purchase price for those concessions that may be transmitted.

Your move is as follows:

(a) It shall be charged for the expenses incurred in obtaining the concession, or for the purchase price, with credit, generally, to the accounts of subgroup 57.

(b) It shall be paid for the securities and in general for the fall in inventory, with a charge, generally, to the accounts of subgroup 57 and in the case of losses to the account 670.

211. Industrial property (*). -Amount satisfied by the property or by the right to use or to grant the use of the various manifestations of the industrial property, in cases where, by the stipulations of the contract, they must be invented by the acquiring entity.

Your move is as follows:

a) It will be loaded:

a1) By acquisition to other companies, with credit, generally, to subgroup 57 accounts.

a2) For the disbursements required for registration in the corresponding Register, with credit, generally, to the accounts of subgroup 57.

(b) It shall be paid for the securities and in general for the fall in inventory, with a charge, generally, to the accounts of subgroup 57 and in the case of losses to the account 670.

212. Goodwill (*).-Set of intangible assets, such as name or social reason and others of a similar nature that imply value for the entity.

This account will only be opened in the event that the goodwill has been acquired for consideration.

Your move is as follows:

(a) It shall be charged for the amount resulting from the transaction in question, with credit, generally, to the accounts of subgroup 57.

(b) It shall be paid for the securities and in general for the fall in inventory, with a charge, generally, to the accounts of subgroup 57 and in the case of losses to the account 670.

213. Local transfer rights (*)-Amount satisfied by the local lease rights.

Your movement is analogous to the one pointed out for account 212.

214. Computer applications (*). -Amount satisfied by the property or by the right to the use of computer programs; they will be included those elaborated by the entity itself.

Your move is as follows:

a) It will be loaded:

a1) By acquisition to other companies, with credit, generally, to subgroup 57 accounts.

a2) By own processing, with credit to account 731.

(b) It shall be paid for the securities and in general for the fall in inventory, with a charge, generally, to the accounts of subgroup 57 and in the case of losses to the account 670.

215. Player acquisition rights (*). -Amount satisfied by the acquisition of the right to the services of a given player, which will include the amount to be paid to the entity from which the player comes from, known as "transfer", as well as all the expenses incurred as necessary for the acquisition of this player.

Your move is as follows:

(a) It will be charged for the amount resulting from the transaction in question.

(b) It shall be paid for the transfer of the player or when the player is causing a loss for any other reason, usually with a charge of sub-group 57 and in case of losses to account 676.

216. Rights relating to property or other rights under a financial lease or similar formula (*)-Value of the right of use and, where appropriate, the option of purchase on the goods or other rights which the entity uses under the lease financial or other similar formula that produces the same economic effects, as regulated in the Valuation Standards, where the movement of this account is also established.

217. Rights of participation in competitions and organization of sporting events (*). -Amount satisfied by the right to participate in sports competitions as well as the expenses incurred for obtaining rights on the organization of sports sports events, or the purchase price of these rights when, being susceptible to transmission, they have been acquired.

Your move is as follows:

(a) It shall be charged for the purchase price or the amount of expenses incurred to obtain these rights, with credit to the accounts of subgroup 57 or account 731, respectively.

(b) It shall be paid for the enajenations and in general for the fall in inventory, with a charge, generally, to the accounts of subgroup 57, and in case of losses to the account 670.

218. Rights to investments made in land or facilities transferred (*). -Investments made on land or facilities transferred by public or private entities, by administrative concession, lease or other type of contract.

Your move is as follows:

(a) It shall be charged for the investments to be included in this account, with credit, generally, to the accounts of subgroup 57 and, where applicable, account 731.

(b) It shall be paid in general for the fall in inventory, in charge, generally, to the accounts of subgroup 57, and in the case of losses to the account 670.

22. Tangible assets

220. Land and natural assets (*).

221. Constructs (*).

2210. Social Local (*).

2211. Offices (*).

2219. Other constructs (*).

222. Technical installations (*).

223. Machinery (*).

224. Sports stadiums and pavilions (*).

2240. Stadiums (*).

2241. Sports pavilions (*).

2249. Other sports buildings (*).

225. Other facilities.

226. Furniture and sports equipment (*).

227. Teams for information processes.

228. Transport elements.

229. Other tangible fixed assets.

220. Land and natural property (*). -Solares of urban nature, rustic estates, other non-urban land, mines and quarries. The land to be included in other accounts of this subgroup shall not be included.

221. Constructs (*).

2210. Social Local (*) -Edifications of the entity's registered office.

Offices, meeting rooms, etc. will be included.

The social site is also included in this account even if it is located in any of the buildings defined in the 224 account.

2211. Offices (*). -Edifications for offices of the institution, where they are not part of those included in other accounts.

2219. Other constructs (*) -Edifications whose primary destination is not the practice of a sport, nor are they included in other accounts of this subgroup.

222. Technical installations (*)-Complex units of use specialized in sports, such as public address, electronic marker, tornos, etc. including computer systems which, while being separable by nature, are linked in a way (a) definitive for its operation and subject to the same rate of depreciation; spare parts or spare parts for such installations shall also be included.

223. Machinery (*)-Set of machines whose use enables the development of the activity of the entity.

This account shall include all internal transport elements intended for the transfer of personnel, animals and materials within the premises without going outside.

224. Sports stadiums and pavilions (*).

2240. Stadiums (*)-Edifications, including land, where the entity's main activity is developed.

2241. Sports pavilions (*). -Edifications, including land, the destination of which is the practice of sports in close quarters.

2249. Other sports buildings (*)-Edifices, including land, the main purpose of which is the practice of sporting modalities other than the principal.

226. Furniture and sports equipment (*). -Mobilary, sports equipment, trophies and office equipment, with the exception of those to be included in account 227.

23. Tangible assets in progress

230. Adaptation of land and natural assets.

231. Builds in progress.

232. Technical installations in assembly.

233. Machinery in assembly.

234. Sports stadiums and pavilions in progress (*).

237. Equipment for mounting information processes

239. Advances for tangible fixed assets

230/238 ....................... (*). -Inmobilizations in adaptation, construction or assembly, at the close of the exercise.

Your move is as follows:

a) They will be loaded:

a1) By the receipt of works and works corresponding to the ongoing immobilizations.

a2) For the works and works that the entity carries out for itself, with credit to account 733.

(b) These works and works shall be paid upon completion of the work, from the accounts of the subgroup 22.

25. Other permanent financial investments

250. Permanent financial investments in capital (*).

251. Fixed income securities.

252. Long-term credits (*).

253. Long-term credit for the disposal of fixed assets (*).

254. Long-term credit to staff.

255. Long-term credits to Sports Entities (*).

256. Long-term interest in fixed income securities.

257. Long-term interest on loans.

258. Long-term impositions.

259. Outstanding disbursements on shares.

250. Permanent financial investments in capital (*)-long-term investments in capital rights-shares with or without listing on an organised secondary market or other securities of institutions which do not have the consideration of institutions of the group, multigroup, or associated.

Also included are the holdings that the entities may have in the Professional Leagues or in other sports entities, when they do not have the consideration of entities of the group, multigroup or associates.

It will appear in the balance sheet asset.

Your move is as follows:

(a) The subscription or purchase shall generally be charged to the accounts of subgroup 57 and, where applicable, account 259.

(b) It shall be paid for the enajenations and in general for the fall in inventory, with charge, generally, to the accounts of subgroup 57, if there are outstanding disbursements to the account 259 and in case of losses to the account 666.

252. Long-term loans (*)-Loans and other non-commercial loans granted to third parties, including those formalised by way of rotation, with a maturity of more than one year. It includes insurance allowances to be paid as a result of claims affecting concepts other than those resulting in expenditure whose nature is operating, in accordance with the terms laid down in the Rules of Valuation.

When the credits have been agreed with group, multi-group and associated companies, the investment will be reflected in account 244 or 245, as appropriate.

It will appear in the balance sheet asset.

Your move is as follows:

(a) The credit formalisation shall be charged, for the amount of the credit, with credit, generally, to sub-group 57 accounts.

(b) It shall be paid for early repayment, in whole or in part or under inventory, with a charge, in general, to the accounts of subgroup 57 and in the case of losses to account 667.

253. Long-term credit for the disposal of fixed assets (*). -Credits to third parties whose maturity is greater than one year, with origin in transactions involving the disposal of fixed assets, except those granted to sports entities.

When the credit for the disposal of fixed assets has been agreed with group, multi-group and associated entities, the investment shall be reflected in account 244 or 245, as appropriate.

It will appear in the balance sheet asset.

Your move is as follows:

(a) The amount of such claims shall be charged, with credit to group 2 accounts.

(b) It shall be paid to the early, total or partial cancellation or loss in inventory, in charge, generally, to the accounts of subgroup 57 and in case of losses to account 667.

255. Long-term loans to sports entities (*)-Loans and other non-commercial loans granted to sports entities, including those formalised by way of a turnaround, with a maturity of more than one year.

When the credits have been agreed with group, multigroup and associated entities, the investment will be reflected in account 244 or 245, as appropriate.

It will appear in the balance sheet asset.

Your movement is analogous to the one pointed out for account 252.

The amount of the credits will be included, with due development in the accounts of four or more figures, with origin in operations involving the disposal of fixed assets granted to Sports Entities.

27. Expenses to be distributed in various exercises

270. Debt formalisation costs.

271. Deferred interest expense of marketable securities.

272. Deferred interest expense.

273. Image rights of players and technicians (*).

274. Expenses for franchise contracts (*).

273. Image rights of players and technicians (*). -Total amount satisfied to the players and technicians or to the natural or legal person who holds the ownership of the rights, to obtain the right of image of the same for a period exceeding a year.

Your move is as follows:

(a) The amount of the contract will be charged to the accounts of subgroup 57 generally.

(b) It shall be paid for the amount to be charged annually to results, usually taken into account in subgroup 64.

274. Expenses for franchise contracts (*)-Total amount of the consideration for the franchise obtained in connection with the rights of participation in competitions.

Your move is as follows:

a) The total amount of the contract will be charged to the accounts of subgroup 41 or 57.

(b) It shall be paid for the amount to be charged annually to the results, under account 656.

Group 3

Stocks

Sports equipment, medicines, propaganda material, marketing and other supplies.

30. Sports equipment (*)

300. Sports Material A (*).

301. Sports material B (*).

Sporting items intended, normally, for the use and consumption of entities.

Accounts 300/309 will be listed in the balance sheet asset; they will only work on the occasion of the close of the financial year.

Your move is as follows:

(a) The amount of the initial stock inventory shall be paid at the end of the financial year to account for 610.

b) They will be charged for the amount of the inventory of end-of-year stock that is closed, with credit to the 610 account.

If the sporting material on the way is owned by the entity, under the terms of the contract, it shall be listed as stocks at the end of the financial year in the respective accounts of the sub-group 30. This rule will also apply when items included in the following sub-groups are on the way.

31. Medicinal products and consumer health material (*)

300. Medicines A (*).

311. Drugs B (*).

315. Sanitary Material A (*).

316. Health Material B (*).

Medicines, kit material and sanitary material intended for the use and consumption of the entity.

Accounts 310/319 will be listed in the balance sheet asset and its movement is analogous to that for the 300/309 accounts.

32. Propaganda and marketing material (*)

320. Propaganda material A (*).

321. Propaganda material B (*).

326. Marketing Material A (*).

327. Marketing material B (*).

Objects acquired by entities and intended for sale or gift to partners, sports penalties, visitors, supporters, etc. For example, banners, badges, shields, photographs, postcards, brochures, etc. are cited.

Objects intended for marketing revenue will also be included in this subgroup.

The accounts 320/329 will be listed in the balance sheet asset and their movement is analogous to that for the 300/309 accounts.

33. Other supplies (*)

330. Fuels (*).

331. Spare parts (*).

335. Miscellaneous materials (*).

336. Office material (*).

330. Fuels (*)-Energy materials susceptible to storage.

331. Parts (*). -Parts intended to be mounted on installations, equipment or machines to replace such parts. Those with a storage cycle of less than one year shall be included in this account.

335. Miscellaneous materials (*)-Other consumer materials that are not to be incorporated into the entity's activity.

336. Office material (*)-The purpose of which is to indicate its name, unless the entity chooses to consider that the office material acquired during the financial year is the subject of consumption therein.

The accounts 330/339 will appear in the balance sheet asset and its movement is analogous to the one for the 300/309 accounts.

39. Provisions for depreciation of stocks

390. Provision for depreciation of sports equipment (*).

391. Provision for depreciation of medicinal products and consumer health material (*).

392. Provision for depreciation of propaganda and marketing material (*).

393. Provision for depreciation of other supplies (*).

Accounting expression of reversible losses that are evidenced by the inventory of exercise closing stocks.

The 390/393 accounts will appear in the balance sheet asset by minoring the stock.

Your move is as follows:

(a) They shall be paid for the allocation that is made in the financial year that is closed, with account of the account 693.

(b) They shall be charged for the allocation made at the end of the preceding financial year, with credit to account 793.

Group 4

Creditors and debtors of the activity

Personal accounts and active and passive commercial effects that have their origin in the activity of the institution, as well as the accounts with the general government, including those that correspond to balances with a maturity of more than one year. For the latter and for the purposes of classification, sub-groups 42 and 45 may be used or the reclassification of sub-groups may be carried out on their own accounts.

40. Suppliers

400. Suppliers (*).

401. Suppliers, commercial effects to be paid.

402. Providers, entities in the group.

403. Providers, associated entities.

407. Advances to suppliers (*).

400. Suppliers (*). -Deures with suppliers of sports equipment and other goods defined in Group 3.

This account will include debts with service providers directly used in your activity.

It will appear on the liability side of the balance sheet.

Your movement, generally, is as follows:

(a) It shall be paid for the "in conformity" receipt of the remittance from the suppliers, from the accounts of the sub-group 60.

b) Charged:

b1) By formalizing debt for accepted spin effects, with credit to the 401 account.

b2) By the total or partial cancellation of the entity's debts to the suppliers, with credit to sub-group 57 accounts.

b3) For the "rappels" that correspond to the entity, granted by the suppliers, with credit to the account 609.

b4) For discounts, whether or not included in the invoice, that you grant to the entity for the time being paid by your suppliers, with credit to account 765.

b5) For purchases made, with credit to account 608.

407. Advances to suppliers (*)-Deliveries to suppliers, usually in cash, as a "account" of future supplies.

When these deliveries are made to group, multi-group or associated entities, the corresponding three-figure accounts must be developed.

It will appear in the balance sheet asset.

Your move is as follows:

a) It will be charged for cash deliveries to suppliers, with credit to sub-group 57 accounts.

(b) It shall be paid for consignments of sports equipment or other goods received from "to conformity" suppliers, usually from the accounts of the sub-group 60.

41. Miscellaneous creditors

410. Creditors for service provision (*).

411. Federations, creditors (*).

412. National Professional League, creditors (*).

413. Other Sports Entities, creditors (*).

415. Creditors, commercial effects to be paid (*).

416. Sports Entities, commercial effects to be paid (*).

419. Creditors for transactions in common.

When creditors are group, multi-group or associated entities, three-digit accounts shall be opened that specifically collect debits with the same, including those formalized for spin purposes.

410. Creditors for services (*). -Debt to service providers who do not have the strict status of suppliers.

It will appear on the liability side of the balance sheet.

Your move is as follows:

(a) It shall be paid for the "in conformity" receipt of the services, usually taken into account in subgroup 62 or 65.

b) Charged:

b1) By the formalization of the debt in order of turn accepted, with credit to account 415.

b2) By the total or partial cancellation of the entity's debts to the creditors, with credit to the accounts corresponding to the subgroup 57.

411/413 .................... (*). -Deures with Federations, the National Professional League and other Sports Entities for management fees.

Figure in the balance sheet liability Your move is as follows:

(a) They shall be paid for the corresponding amount, usually charged to the accounts of subgroup 65.

(b) They shall be charged for the full or partial cancellation of debts, with credit to sub-group 57 accounts.

415. Creditors, commercial effects to be paid (*). -Debt to service providers who do not have the strict condition of suppliers, formalized in order to be accepted.

It will appear on the liability side of the balance sheet.

Your move is as follows:

a) It will be paid when the entity accepts the effects, generally charged to the account 410.

(b) The payment of the effects shall be charged upon arrival, with credit to the accounts corresponding to the sub-group 57.

416. Sports Entities, commercial effects to be paid (*). -Deures with Federations, the National Professional League and other Sports Entities for management expenses, formalized in accepted spin effects.

It will appear on the liability side of the balance sheet.

Your movement is analogous to the one pointed out for account 415.

43. Subscribers and Partners (*)

430. Subscribers (*).

431. Partners, by quotas (*).

435. Subscribers and partners of doubtful collection (*).

437. Advances from subscribers and partners (*).

When subscribers and partners are group, multigroup, or associated entities, three-digit accounts will be opened that specifically collect the debits with them.

430/431. Subscribers/Partners, by quotas (*)-Debits of subscribers and partners by credits and quotas whatever their concept.

It will appear in the balance sheet asset.

Your move is as follows:

(a) It shall be charged for the amount of the debts quoted, with credit, generally to the accounts of subgroup 71.

b) It will be paid:

b1) By its classification as doubtful collection, with charge to the account 435.

b2) For total or partial collection from accounts in subgroup 57.

435. Subscribers and partners of doubtful recovery (*). -Saldos of subscribers and partners, in which circumstances that reasonably allow their qualification as doubtful to be charged.

It will appear in the balance sheet asset.

Your move is as follows:

(a) It shall be charged for the amount of the balances of doubtful collection, with credit to account 430 or 431.

b) It will be paid:

b1) For firm insolvencies, with count 650.

b2) For the total collection of the balances, from the accounts of subgroup 57.

b3) For partial recovery, from a sub-group 57 accounts in the cashed-out portion, and to the account 650 for which it will be uncollectible.

437. Advances from subscribers and partners (*)-subscribers and partners, usually in cash, in terms of "on account" of future payments.

It will appear on the liability side of the balance sheet.

Your move is as follows:

(a) It shall be paid for the cash receipts, with the corresponding account of subgroup 57.

(b) It shall be charged when the advances are applied, with credit, generally, to sub-group 71 accounts.

44. Miscellaneous debtors

440. Debtors (*).

441. Federations, debtors (*).

442. National Professional League, debtors (*).

443. Other Sports Entities, Debtors (*).

444. Debtors, commercial effects receivable (*).

445. Sports Entities, commercial effects to be charged (*).

446. Debtors of doubtful collection (*).

447. Sports Entities of doubtful collection (*).

448. Debtors for compensation of insurance entities for the activity (*).

449. Debtors for transactions in common.

When debtors are group, multi-group or associated entities, four-digit accounts will be opened that specifically collect debits with the same, including those formalized for spin purposes.

440. Debtors (*). -Credit for sports income when the debt does not correspond to partners or subscribers and to other debtors for operations of the activity not included in other accounts of this group.

This account shall also account for the amount of operating grants granted to the entity, excluding those that are to be recorded in sub-group 47 accounts or in other accounts of this subgroup.

It will appear in the balance sheet asset.

Your move is as follows:

a) It will be loaded:

a1) By sports revenue, with credit to sub-group 70 accounts.

a2) By the operating grant granted, with credit to account 742.

a3) For other management revenue, with credit to subgroup 75 accounts.

b) It will be paid:

b1) By the formalization of the credit in order of turn accepted by the debtor, with charge to the account 444.

b2) By the total or partial cancellation of the debts, generally taken into account in subgroup 57.

b3) By classification as debtors of doubtful collection, with account 446.

b4) For the part that will definitely be uncollectible, with account of the account 650.

441/443 ..................... (*). -Credits with Federations, the National Professional League and other Sports Entities for operating grants granted by these entities and for other income.

They will be in the balance sheet asset.

Your move is as follows:

a) The corresponding revenue will be charged, with credit to group 7 accounts.

(b) In general, it shall be paid for the collection of the appropriations, usually taken into account in subgroup 57.

444. Debtors, commercial effects to be charged (*). -Credits with debtors, formalized for accepted spin effects.

It will appear in the balance sheet asset.

Your move is as follows:

a) The acceptance of the effects will be charged, with credit, generally, to the account 440.

b) It will be paid:

b1) By the collection of the effects at maturity, from account of subgroup 57.

b2) By its classification as doubtful collection, with account 446.

b3) For the part that will definitely be uncollectible, with account of the account 650.

The financing obtained by the effect discount is a debt that should generally be collected in the relevant accounts of the subgroup 52.

Consequently, at the expiration of the served effects, account 4441 shall be paid, with account 5208.

445. Sports Entities, commercial effects to be charged (*). -Credits with Federations, the National Professional League and other Sports Entities, formalized in accepted spin effects.

It will appear in the balance sheet asset.

Your move is analogous to the one pointed out for the 444 account.

The financing obtained by the effects discount is a debt that should generally be collected in the relevant accounts of the subgroup 52. As a result, the account 4451 shall be paid at the end of the effects taken into account 5208.

446. Debtors of doubtful recovery (*). -Salts of debtors included in the accounts 440 and 444, in which circumstances that reasonably allow their qualification as doubtful to be recovered.

It will appear in the balance sheet asset.

Your move is analogous to the one pointed out for the 435 account.

447. Sports entities of doubtful collection (*). -Saldos de Federaciones, la Liga Nacional Professional and other Sports Entities, including those formalized for spin purposes, in which circumstances that reasonably permit their qualification are met as of doubtful collection.

Your move is analogous to the one pointed out for the 435 account.

448. Debtors for the purpose of compensation of insurance institutions for the activity (*). -Appropriations with insurance institutions for compensation to be paid as a result of claims relating to the activities of the institution which cause expenditure nature is in accordance with this adaptation, of exploitation, therefore excluding those resulting from the immobilized and other elements other than the previous ones, in accordance with the provisions of the Standards of Valuation.

It will appear in the balance sheet asset.

Your move is as follows:

(a) The amount of the compensation will be charged, with credit to account 756.

(b) It shall be paid for the cancellation by charge, generally, to the accounts of subgroup 57.

46. Staff

460. Advances in remuneration.

465. Remuneration to be paid (*).

465. Outstanding remuneration (*). -Debit of the entity to the staff by the concepts mentioned in the accounts 640, 641 and 642.

It will appear on the liability side of the balance sheet.

Your move is as follows:

(a) It shall be paid for accrued and unpaid remuneration, payable to accounts 640, 641 and 642.

b) It will be charged when the remuneration is paid, with credit to the accounts of subgroup 57.

47. Public Administrations

470. Public Finance, debtor for various concepts.

4700. Public Finance, debtor for VAT.

4708. Public Finance, debtor for grants awarded.

4709. Public Finance, debtor for tax refund.

471. Social Security Agencies, debtors.

472. Public Finance, VAT supported.

473. Public finances, withholding and payments on account (*).

474. Advance benefit tax and loss compensation.

4740. Advance benefit tax.

4745. Credit for losses to compensate for the financial year ...

475. Public Finance, creditor by tax concepts.

4750. Hacienda Pública, creditor for VAT.

4751. Hacienda Pública, creditor for withholding taxes.

4752. Public Finance, creditor by corporation tax (*).

4758. Public Finance, creditor for grants to be reintegrated.

476. Social Security Agencies, creditors (*).

477. Public finances, VAT passed on.

479. Deferred benefit tax.

473. Public finances, deductions and payments on account (*). -Cantities retained to the entity and payments made by the same to tax account.

Your move is as follows:

(a) The amount of the withholding or payment shall be charged, with credit, generally, to group 5 accounts and to sub-group 76 accounts.

b) It will be paid:

b1) For the amount of the supported holds and the income on account of the corporation tax, up to the amount corresponding to the period, resulting from the minoring of the full quota in the deductions and allowances other than those amounts to be taken into account, from account 630.

b2) For the amount of the supported holds and income on account of the corporation tax that must be returned to the entity, with account of the account 4709.

475. Public Finance, creditor by tax concepts.

4752. Public finances, creditor by corporation tax (*).-Amount to be imposed on corporation tax payable:

a) It will be paid for the amount to be entered, usually charged to the account 630.

b) It will be charged when your payment is made, with credit to sub-group 57 accounts.

476. Social security agencies, creditors (*). -Deudas pending with Social Security Agencies as a result of the benefits they perform.

It will appear on the liability side of the balance sheet.

Your move is as follows:

a) It will be paid:

a1) By the quotas that correspond to the entity, with account 643.

a2) By quota holds that correspond to the staff of the entity, with account of 465, 640 or 641.

b) It will be charged when the debt is cancelled, with credit to sub-group 57 accounts.

49. Provisions for operations of the activity (*)

490. Provision for activity insolvencies (*).

493. Provision for insolvencies of group entity activity (*).

494. Provision for insolvencies of the activity of associated entities (*).

495. Provision for insolvencies of the activity of Sports Entities (*).

499. Provision for other operations of the activity (*).

490. Provision for insolvencies of the activity (*). -Provisions for bad loans, with origin in operations of the activity, excluding those to be recorded in the account 495.

The balance sheet asset shall be shown by offsetting the corresponding accounts of subgroups 43 and 44.

Your move is as follows, depending on the alternative adopted by the entity:

1. Where the institution encrypts the amount of the provision at the end of the financial year by means of a comprehensive estimate of the risk of failures in the balance of subscribers, partners and other debtors:

(a) At the end of the financial year, the estimate shall be paid out of account 694.

(b) It shall also be charged at the end of the financial year for the allocation made at the end of the preceding financial year, with payment of account 794.

2. Where the institution encrypts the amount of the provision by means of an individualized system for monitoring the balances of subscribers, partners and other debtors:

(a) For the financial year, the amount of the risks to be estimated shall be paid out of account 694.

(b) It shall be debited as the balances of subscribers, partners and debtors for which the individual provision was made out or where the risk is removed, by the amount of the individual, with credit to the account 794 shall be debited.

493. Provision for insolvencies of the group's entity activity (*)-Provisions for non-performing loans, with origin in operations of the activity carried out with entities in the group.

The balance sheet asset will be shown by offsetting the corresponding accounts in subgroup 44.

Your move is analogous to the one pointed out for the 490 account.

494. Provision for insolvencies of the activity of associated entities (*). -Provisions for bad loans, with origin in operations of the activity carried out with multigroup and associated entities.

The balance sheet asset will be shown by offsetting the corresponding accounts in subgroup 44.

Your move is analogous to the one pointed out for the 490 account.

495. Provision for insolvencies of the activity of Sports Entities (*). -Provisions for bad credits, with origin in operations of the activity carried out with Sports Entities.

The balance sheet asset will be shown by offsetting the corresponding accounts in subgroup 44.

Your move is analogous to the one pointed out for the 490 account.

499. Provision for other operations of the activity (*). -Provisions for coverage of expenses for returns of income, and other similar concepts.

It will appear on the liability side of the balance sheet.

Your move is as follows:

(a) The amount of the estimate made shall be paid at the end of the financial year to account for 695.

(b) The allocation made in the previous year shall be charged at the end of the financial year with a subscription to the account 795.

Group 5

Financial Accounts

Debts and claims for transactions outside the business of the institution with maturity not exceeding one year and available liquid assets.

51. Short-term debts with group and partner entities

510. Short-term debts to entities in the group.

511. Short-term debts to associated entities.

512. Short-term debts with credit institutions in the group.

513. Short-term debts with associated credit institutions.

514. Short-term, fixed-time, group entities.

515. Short-term, fixed asset suppliers, associated entities.

516. Short-term interest on debt to group entities.

517. Short-term interest on debts to associated entities.

Debts whose maturity is to occur within a period of not more than one year, as opposed to group, multi-group and associated entities including those which by their nature should be included in sub-group 50 or 52 and the bonds and short-term received deposits from subgroup 56.

The accounts of this subgroup will be on the balance sheet liabilities, forming part of short-term creditors.

The share of long-term debt that has a short maturity must be included in the balance sheet liability in the pool: Short-term creditors; for this purpose, the amount representing the debts will be transferred to this sub-group. in the long term with short maturity of the relevant accounts of the subgroup 16.

When it comes to subordinated debt or equity loans, four-figure accounts will be created that collect these operations.

52. Short term debts for loans received and other concepts

520. Short-term debt with credit institutions.

5200. Short-term loans from credit institutions.

5201. Short-term debts by willing credit.

5208. Debt for discounted effects (*).

521. Short-term debts.

522. Short-term debts with Sports Entities (*).

523. Short term (*) fixed asset suppliers.

524. Effects to be paid in the short term.

525. Sports Entities, effects to be paid in the short term (*).

526. Active dividend payable (*).

527. Short-term interest on debt with credit institutions (*).

528. Short-term interest on debts (*).

Short-term foreign financing not instrumented in marketable securities or contracted with group, multi-group and associated entities, including dividends to be paid.

The accounts of this subgroup will be on the balance sheet liabilities, forming part of short-term creditors.

The share of long-term debt that has a short maturity must be included in the balance sheet liability in the pool: Short-term creditors; for this purpose, the amount representing the debts will be transferred to this sub-group. in the long term with short maturity of the relevant accounts of subgroup 17.

When it comes to subordinated debt or equity loans, four-figure accounts will be created that collect these operations.

520. Short-term debt with credit institutions:

5208. Debt for discounted purposes (*)-Short term debt with credit institutions as a result of the effect discount:

(a) It shall be paid when the effects are deducted, for the amount collected, generally payable to the accounts of subgroup 57 and, for the interest and expenses incurred, generally taken into account 664.

b) Charged:

b1) When the effects are due, with credit, generally, to account 444 and 445.

b2) For the amount of the unserved effects at maturity, with credit to sub-group 57 accounts.

522. Short-term debts with Sports Entities (*). -Those contracted with Federations, the National Professional League and other Sports Entities, with a maturity of not more than one year.

Your movement is analogous to that pointed out for account 521.

The amount of debts to Sports Entities when they are suppliers of goods defined in Group 2 will be included, with due development in accounts of four or more figures.

523. Short-term fixed assets (*). -Deures with suppliers of goods defined in Group 2, except for those contracted with Sports Entities, with a maturity of not more than one year.

Your move is as follows:

(a) It shall be paid for the receipt in accordance with the goods supplied, from group 2 accounts.

b) Charged:

b1) By the instrumentation of the debts in order to pay, with credit to account 524.

b2) By the cancellation, total or partial, of the debts, with credit to sub-group 57 accounts.

525. Sports Entities, effects to be paid in the short term (*). -Deures contracted with Federations, the National Professional League and other Sports Entities for loans received and other debits with maturity of not more than one year, instrumented by spin effects, including those that have their origin in supplies of fixed assets.

Your movement is analogous to that pointed out for account 524.

526. Active dividend payable (*). -Debts with shareholders for active dividends, are final or "on account" of the profit of the year.

a) It will be paid:

a1) For the "on account" dividend that is agreed, with account 557.

a2) For the final dividend, excluding the dividend "on account", when the profit distribution is approved, with account of the account 129.

a3) To agree on the allocation of free express reserves, from the accounts of subgroup 11.

b) Charged:

b1) By withholding tax, with credit to account 475.

b2) To payment, with credit to sub-group 57 accounts.

527. Short-term interest in debt with credit institutions (*)-Interest in paying, with short-term maturity, of debts to credit institutions.

Your move is as follows:

(a) It shall be paid for the amount of interest accrued during the financial year, including non-expired interest, from accounts 662 and 663.

b) It will be charged when payment occurs, with credit to sub-group 57 accounts.

528. Short-term interest on debts (*)-Interest payable, with short-term maturity of debts, excluding those to be recorded in account 527.

Your move is as follows:

(a) It shall be paid for the amount of interest accrued during the financial year, including non-expired interest, from accounts 662 and 663.

b) Charged:

b1) By withholding tax, where applicable, with credit to account 475.

b2) To payment, with credit to sub-group 57 accounts.

54. Other temporary financial investments

540. Temporary financial investments in capital (*).

541. Short-term fixed income securities.

542. Short term credits (*).

543. Short term credits to Sports Entities (*).

544. Short-term credit to staff.

545. Dividend receivable.

546. Short-term interest on fixed income securities.

547. Short term interest on loans.

548. Short-term impositions.

549. Outstanding disbursements on short-term shares.

540. Temporary financial investments in capital (*)-Short-term investments in capital rights-shares with or without listing on an organised secondary market or other securities-of companies which do not have the consideration of entities of the group, multigroup, or associated.

Also included are the holdings that the entities may have in the Professional Leagues or in other sports entities, when they do not have the consideration of entities of the group, multigroup or associates.

It will appear in the balance sheet asset.

Your move is as follows:

(a) The subscription or purchase shall generally be charged to accounts of subgroup 57 and, where applicable, account 549.

(b) It shall be paid for the enajenations and in general for the low in inventory with charge, generally, to the accounts of subgroup 57, if there are outstanding disbursements to account 549 and in case of losses to the account 666.

542. Short-term loans (*)-Loans and other non-commercial loans granted to third parties, including those formalised by way of rotation, with a maturity of not more than one year. It includes insurance allowances to be paid as a result of claims affecting concepts other than those resulting in expenditure whose nature is of exploitation, in the terms laid down in the Rules of Valuation. Also included shall be credit claims that have their origin in the disposal of fixed assets.

When the credits have been agreed with group, multi-group and associated entities, the investment will be reflected in account 534 or 535, as appropriate.

This account shall also include capital grants, reintegrable or not, granted to the institution, to be charged in the short term, excluding those that are to be recorded in sub-group 47 accounts or in other accounts of this subgroup.

It will appear in the balance sheet asset.

Your move is as follows:

(a) The credit formalisation shall be charged for the amount of the credit, with credit to sub-group 57 accounts.

(b) It shall be paid for the full or partial or low inventory, generally held at the accounts of subgroup 57 and in case of losses to account 667.

543. Short-term loans to Sports Entities (*)-Loans and other non-commercial credits granted to Sports Entities, including those formalized by way of turn with a maturity of not more than one year.

When credits have been agreed with group, multi-group and associated entities, the investment will be reflected in the 534 or 535 account as appropriate.

Your movement is analogous to the one pointed out for account 542.

This will include, with due development in the accounts of four or more figures, the amount of credits with origin in the disposal of fixed assets granted to Sports Entities.

55. Other non-bank accounts

551. Current account with entities in the group.

552. Current account with associated entities.

553. Current account with partners and administrators.

554. Current account with Sports Entities (*).

555. Items pending application.

556. Required disbursements on shares.

557. Active dividend on account (*).

558. Shareholders for required disbursements.

559. Expense advances to justify (*).

551/552/553/554. Current accounts with ...... (*). -Current accounts of cash with partners, administrators, Sports Entities and any other natural or legal person other than the Bank, banker or Credit Institution, or debtor or supplier of the entity; and which do not correspond to participating accounts.

The sum of the debtor balances shall be included in the balance sheet asset, and the sum of the creditor balances on the liability.

Your move is as follows:

They will be charged for the remittances or deliveries made by the entity and will be paid for the receipts in favor of the entity, with credit and charge, respectively, to the accounts of the subgroup 57.

557. Active dividend for account (*). -Amounts, on a profit basis, the distribution of which is agreed by the competent body.

It will appear on the balance sheet liability, minoring own funds.

Your move is as follows:

a) It will be charged when your distribution is agreed upon, with credit to account 526.

(b) You will be paid for the amount of your balance when the decision on the distribution and application of the benefits is made, with account taken to account 129.

559. Advances of expenditure to be justified (*). -Cantities delivered to the delegates of the entities for expenses arising from the activity and subsequent justification.

It will appear in the balance sheet asset.

Your move is as follows:

a) The delivery with credit to sub-group 57 accounts will be charged.

(b) The delivery of the accounts in the group 6 accounts, and in excess of excess, to the accounts of subgroup 57, shall be paid upon justification.

57. Treasury

570. Box, EUR (*).

571. Box, currency other than euro (*).

572. Banks and credit institutions c/c view, euro (*).

573. Banks and credit institutions c/c view, currency other than euro (*).

574. Banks and credit institutions, savings accounts, euro (*).

575. Banks and credit institutions, savings accounts, currency other than the euro (*).

570/571. Box, ............. (*). -Cash-in-box liquid media.

They will be in the balance sheet asset.

Your move is as follows:

They will be charged at the entrance of the liquid media and will be paid on their way out, with credit and charge to the accounts to be served as a counterpart, depending on the nature of the operation that causes the collection or payment.

572/573/574/575. Banks and credit institutions ...... (*). -Saldos in favor of the institution, in current accounts and savings of immediate availability in banks and credit institutions, understanding of such savings banks, rural banks and Credit cooperatives for balances located in Spain and similar entities in the case of balances located abroad.

The balances in the banks and institutions referred to when they are not immediately available shall be excluded from accounting in this subgroup.

Immediate disposition balances will also be excluded if they are not held by banks or the institutions concerned.

They will be in the balance sheet asset.

Your move is as follows:

(a) They shall be charged for cash deliveries and transfers, with credit to the account to be served as a counterpart, depending on the nature of the transaction causing the recovery.

(b) They shall be paid for the provision, in whole or in part, of the balance, with the account to be used as a counterpart, depending on the nature of the transaction causing the payment.

Group 6

Purchases and Expenses

Comprises purchases and expenses necessary for the performance of sports activities, including purchases of services and consumable materials, variation of acquired stock and extraordinary losses of the exercise.

All accounts in Group 6 are generally paid at the end of the financial year, with account for 129 accounts; for this reason, the movements of the successive accounts of the group will only be referred to the post. The exceptions shall include the reasons for the payment and the counterpart accounts.

60. Purchases

600. Purchases of sports equipment (*).

601. Purchases of medicines and consumer health material (*).

602. Purchases of propaganda and marketing material (*).

603. Purchases of other supplies (*).

608. Purchase returns and similar operations.

609. "Rappels" for purchases.

600/601/602/603. Purchases of ...... (*). -Aprovisioning of the entity of goods included in sub-groups 30, 31, 32 and 33.

These accounts will be charged for the amount of purchases, the receipt of the suppliers ' remittances or their entry on the way if the goods are transported on behalf of the entity, with credit to the accounts of the subgroup 40 or 57.

61. Stock variation

610. Stock variation of sports equipment (*).

611. Change in stocks of medicinal products and consumer health material (*).

612. Change in stocks of propaganda and marketing material (*).

613. Stock variation of other supplies (*).

610/611/612/613. Change in stocks of ..... (*).-Accounts to record, at the end of the financial year, changes between final and initial stocks, corresponding to sub-groups 30, 31, 32 and 33 (sports equipment, medicines and materials) consumer health, propaganda and marketing material and other supplies).

Your move is as follows:

They shall be charged for the amount of the initial stock and shall be paid for the final stock, with credit and charge, respectively, to the accounts of the sub-groups 30, 31, 32 and 33. The balance resulting from these accounts will be charged or paid, as the case may be, to account 129.

62. External services

620. Communications (*).

621. Leases and royalties.

622. Repairs and preservation (*).

623. Services of independent professionals (*).

624. Transport.

625. Insurance premiums (*).

626. Banking and similar services.

627. Advertising, propaganda and public relations.

628. Supplies.

629. Other services (*).

620. Communications (*). -Cantities satisfied by expenses arising from the use of telephones, telefax, mails, telegraphs, etc.

622. Repair and maintenance (*).-The maintenance of the goods in group 2, as well as the costs to reduce or repair the damage caused to the environment.

623. Services of independent professionals (*). -Amount to be satisfied to the professionals for the services provided to the entity.

Comprises the fees of economists, engineers, lawyers, auditors including the environmental, notaries, etc., as well as the commissions of independent mediators.

625. Insurance premiums (*). -Cantities satisfied as insurance premiums, except those relating to the staff of the institution and those of a financial nature.

629. Other services (*). -Those not included in the previous accounts.

This account shall include, among other things, the travel expenses of non-sports staff of the entity, including transportation, and office expenses not included in other accounts.

63. Tributes

630. Profit tax (*).

631. Other tributes.

633. Negative adjustments to taxation on profits.

634. Negative adjustments in indirect taxation:

6341. Negative adjustments in circulating VAT.

6342. Negative adjustments in investment VAT.

636. Tax refund.

638. Positive adjustments in taxation on profits.

639. Positive adjustments in indirect taxation:

6391. Positive adjustments in circulating VAT.

6392. Positive adjustments in investment VAT.

630. Profit tax (*)-Amount of profit tax due in the year.

Your move is as follows:

a) It will be loaded:

A1) For the amount to be entered, with credit to account 4752.

a2) For the supported holds and the income on account of the tax, up to the corresponding amount of the period, resulting from minoring the full quota in the deductions and bonuses other than those mentioned amounts to be credited to account 473.

a3) For deferred tax in the year, with credit to account 479.

a4) By applying pre-tax in previous years, with credit to account 4740.

to₅) By applying the tax credit as a result of the compensation in the exercise of negative tax bases from previous years, with credit to account 4745.

b) It will be paid:

b1) Due to the advance tax in the financial year, charged to the 4740 account.

b2) By the tax credit generated in the financial year as a result of the existence of a negative tax base to compensate, with account of 4745.

b3) By applying deferred taxes in previous years, with count 479.

c) It will be paid or charged, charged or credited to account 129.

64. Staff costs

640. Wages and salaries, sports staff (*).

641. Salaries and salaries of non-sports staff (*).

642. Compensation (*).

643. Social security in charge of the entity (*).

644. Contributions to supplementary pension systems and other obligations to staff (*).

649. Other social expenditure (*).

Remuneration to staff, whatever form or concept they are satisfied with; Social Security contributions by the entity and other expenses of a social nature.

640. Wages and salaries, sports staff (*). -Fixed remunations, image rights, premiums per party and annual premiums, allowances, incentives, etc., of the players and technicians that make up the teams of the entity. Remuneration in kind (travel, housing, etc.) will also be included in this account.

(a) The full amount of accrued remuneration shall be charged:

a1) For cash payment, with credit to sub-group 57 accounts.

a2) For accruals and unpaid, with credit to account 4650.

a3) For outstanding debt compensation, with credit to accounts 254, 460 and 544 as applicable.

a4) For the withholding of taxes and Social Security contributions from the staff, with credit to the accounts of subgroup 47.

641. Salaries and salaries of non-sporting personnel (*)-Fixed and possible remunations of non-sporting personnel (management, administrative, other workers).

Your move is analogous to the one pointed out for the 640 account.

642. Indemnities (*). -Cantities that are given to the staff of the entity to resarcirle of damage or injury. Specifically included in this account are severance payments and early retirements.

It will be charged for the amount of the indemnities, with credit to the accounts of subgroups 46, 47 or 57.

643. Social security in charge of the institution (*)-quotas of the entity in favor of the Social Security agencies for the various benefits that they perform.

It will be charged for the accrued fees, with credit to account 476.

644. Contributions to supplementary pension schemes and other obligations with staff (*)-Amount of contributions due to pension schemes or other similar system of coverage of retirement, invalidity or death situations, as well as other obligations to the staff of the entity.

a) It will be loaded:

A1) For the amount of annual contributions to pension plans or other similar institutions external to the institution, with credit, generally, to the accounts of subgroups 52 or 57.

a2) By the annual estimates that are made for the purpose of nurturing the internal funds, with credit to the account 140.

649. Other social expenditure (*)-Expenditure of a social nature carried out in compliance with a provision legally or voluntarily by the entity.

Grants to economates and canteens are cited, as an indication; support for schools and vocational training institutions; scholarships for study; premiums for life insurance contracts, accidents, illness, etc., except for Social Security contributions.

It will be charged for the amount of the expenses, with credit to groups 5 or 7, as they are paid in cash or in other products.

65. Other management costs

650. Bad commercial credit losses (*).

651. Common operations results:

6510. Benefit transferred (manager).

6511. Supported loss (participate or non-manager partner).

652. Arbitration rights (*).

653. Player acquisition expenses (*).

654. Displacements (*).

655. Shares to Sports Entities (*).

656. Participation costs in sports competitions (*).

657. Grants to other Sports Entities (*).

658. Sports sanctions (*).

659. Other losses in current management (*).

650. Losses of non-performing commercial credits (*). -Losses by firm insolvencies of group 4 debtors.

It will be charged for the amount of firm insolvencies, with credit to sub-groups 43 and 44.

652. Arbitration rights (*). -Cantities satisfied to the arbitrators, on the occasion of official competitions, summer trophies, tours, etc., or for their participation in the various sports activities.

It will be charged for the expenses incurred, with credit to subgroup 41 or 57 accounts.

653. Player acquisition expenses (*). -This account will include all costs of acquiring the services of a certain player, when they are for periods of less than one year.

It will be charged for the expenses incurred, with credit to subgroup 41 or 57 accounts.

654. Displacements (*).-Transportation expenses, stay in hotels and other expenses incurred as a result of the displacements of sports equipment to play games, conduct concentrations, etc.

It will be charged for the expenses incurred with credit to subgroup 41 or 57 accounts.

655. Fees to Sports Entities (*). -Amount of the expenses for membership fees and the derivatives of the relationships that these entities maintain with these entities.

It will be charged for the expenses incurred with credit to subgroup 41 or 57 accounts.

656. Participation expenses in sports competitions (*). -Amount of annual fees for rights to participate in sports competitions and that are not susceptible to transmission.

It will be charged, in general, for the amount to be charged to the exercise, with credit to account 274.

657. Grants to other Sports Entities (*)-Amount of those granted to other Sports Entities.

It will be charged for the amount of the grant, with credit to the accounts of subgroup 41 or 57.

658. Sports sanctions (*). -It will collect the amount of the penalties that the entity supports and that will be imposed by Sports Organisms as a result of violations committed by the technical team or the sports staff of the entity.

It will be charged for the amount of the penalty with credit, generally, to subgroup 41 or 57 accounts.

659. Other losses in current management (*). -Those with this nature do not appear in previous accounts.

66. Financial expenses

661. Bond and bond interest.

662. Long-term debt interest.

663. Interest on short-term debts.

664. Interest on discount for effects.

665. Sales discounts for early payment.

666. Losses in marketable securities.

667. Credit losses.

668. Negative differences of change (*).

669. Other financial expenses (*).

668. Negative exchange differences (*)-losses caused by changes in the exchange rate in fixed income, credit, debt and cash securities, in currency other than the euro, in accordance with the criteria set out in the valuation rules.

a) It will be loaded:

to₁) At the end of the year or when they sell the respective securities, credits or debits, with credit to groups 1, 2, 4 or 5 representative of the securities, credits, debits and cash, in currency other than the euro.

to₂) When securities and credits are collected, debits are paid or cash is delivered in currency other than the euro, with credit to sub-group 57 accounts.

669. Other financial expenditure (*)-Expenditure of a financial nature not included in other accounts of this sub-group, including the annual fee to be charged to the year of expenditure included in the account 270. It shall also collect insurance premiums that cover risks of a financial nature, that is to say, those that cover the exchange rate risk in currency other than the euro.

It will be charged for the amount of the expenses incurred and for the amount to be charged in the exercise of the expenses of formalization of debts collected in the asset, with credit, in the latter case, to the account 270.

67. Losses from fixed assets and exceptional expenses

670. Losses from intangible fixed assets (*).

671. Losses from tangible fixed assets (*).

672. Losses from long-term equity holdings of entities in the group.

673. Losses from long-term equity holdings of associated entities.

674. Losses from operations with own shares and obligations.

676. Loss from player transfer (*).

678. Extraordinary expenses (*).

679. Expenses and losses from previous years.

670/671. Losses from ......... (*).-Losses resulting from the disposal of intangible or tangible fixed assets, or by the reduction in total or partial inventory, as a result of losses due to the irreversible depreciation of such assets, except those produced by the transfer of players to be registered in account 676. For these purposes, the amount of compensation for insurance institutions shall, in accordance with the terms of the valuation rules, be reduced by the corresponding loss.

They will be charged for the loss produced in the disposal, with credit to the group 2 accounts that correspond.

676. Losses arising from the transfer of players (*)-Losses produced as a result of the transfer of the players of the entity.

It will be charged for the loss produced in the operation, with credit to account 215.

678. Extraordinary expenses (*)-Losses and expenses of a significant amount that are not to be considered periodic when evaluating the future results of the entity.

As a general rule a loss or expense shall be considered as an extraordinary item only if it originates from facts or transactions which, taking into account the sector of activity in which the entity operates, meet both conditions following:

They fall outside of ordinary and typical activities of the entity, and are not reasonably expected to occur frequently.

The following are indicated: those produced by floods, fires and other accidents; costs of a public offer to buy shares without success, tax or criminal fines and generally imposed penalties as a result of sporting events, which should not be included in the account 658.

68. Endowments for redemptions

680. Amortization of establishment expenses.

681. Depreciation of intangible fixed assets (*).

682. Depreciation of tangible fixed assets (*).

681/682. Depreciation of fixed assets ... (*)-Expression of the effective annual systematic depreciation suffered by intangible and material immobilized, by its application to the development of sports activities.

They will be charged for the financial year, with credit to the 281 and 282 accounts.

69. Allocations to provisions

690. Endowment to the reversal fund.

691. Provision for the provision of intangible fixed assets.

692. Provision for the provision of tangible fixed assets.

693. Provision for the provision of stocks.

694. Provision for the provision for insolvencies of the activity (*).

695. Provision for provision for other operations of the activity (*).

696. Provision for provision for long-term marketable securities.

697. Provision for the provision of long-term credit insolvencies.

698. Provision for provision for marketable securities in the short term.

699. Provision for the provision of short-term credit insolvencies.

694. Allocation to the provision for insolvencies of the activity (*) -Valorative correction, carried out at the end of the financial year, for depreciation of a reversible character in debtors.

It will be charged for the estimated depreciation amount, with credit to the 490, 493, 494, or 495 accounts.

When the second alternative provided for in the account 490, definition and accounting movement is used, it shall be adapted to that set out in that account.

695. Provision for the provision for other operations of the activity (*). -Endowment, carried out at the end of the financial year, for risks and expenses for return of income and other operations carried out in the development of the activity.

It will be charged for the estimated depreciation amount, with credit to account 499.

Group 7

Sales and revenue

Revenue from membership and subscriber fees, service provision and other sports revenues such as transfers and transfers of players, grants, etc. which are the subject of the entity's activity; other income and extraordinary profits from the financial year.

In general, all accounts in Group 7 are charged at the end of the financial year, with credit to account 129; therefore, when the group is set up, only the credit will be made reference. The exceptions shall include the reasons for the charge and the counterpart accounts.

70. Sports revenue (*)

700. League Revenue (*).

701. Cup Revenue (*).

702. Revenue from international official competitions (*).

703. Revenue from other competitions and friendly matches (*).

706. Marketing Revenue (*).

707. Retransmission rights (*).

708. Advertising revenue (*).

709. Participation in Mutual Sports Bets (*).

700/703. Income .......... (*). -They understand the income received by the different competitions in which the entity participates as a result of the development of its activity, on the occasion of the celebration of parties, excluding the income of the subgroup 71.

These accounts will be paid for the amount of the corresponding revenue from group 4 or group 5 accounts.

706. Marketing revenue (*). -This account comprises the proceeds from the use of the anagram, name or any other distinguishing mark of the entity, either by transfer to third parties or through the sale of stocks of the entity itself. entity.

It will be paid for the amount of the corresponding revenue from group 4 or 5 accounts.

707. Right of retransmission (*). -This account includes the rights that may be obtained from sports broadcasts for various reasons (party celebrations, special programs, etc. ..).

It will be paid for the amount of the corresponding revenue from group 4 or 5 accounts.

708. Advertising revenue (*). -This account includes the income obtained by the entity from the advertising, either static or dynamic.

It will be paid for the amount of the corresponding revenue from group 4 or 5 accounts.

709. Participation in Mutual Sports Bets (*). -This account includes the rights that correspond to each entity for its participation in the collection of the Mutual Sports Betting.

It will be paid for the amount of the corresponding revenue from group 4 or 5 accounts.

71. Revenue by subscribers and partners (*)

710. Subscriber Revenue (*).

711. Revenue from carnets (*).

710/711. Income of .......... (*). -Comprises all the income derived from the social contributions and the credits that are not in concept of "entry" (or similar).

These accounts will be paid for the amount of the income, from the accounts of the subgroups 43 or 57.

73. Jobs performed for the entity

730. Incorporation into the establishment expense asset.

731. Work done for the intangible fixed assets (*).

732. Work carried out for the fixed assets.

733. Work carried out for the fixed assets in progress.

735. Activities carried out in the application of provisions for risks and expenses (*).

737. Incorporation into the debt formalization expense asset.

731. Work carried out for intangible fixed assets (*). -Expenditure incurred for the creation of the goods covered by subgroup 21.

To be paid for the amount of the expenses that are the subject of inventory, from the accounts of the subgroup 21.

735. Activities carried out in the application of provisions for risks and expenses (*). -Expenditure carried out by the institution in application of the provision for risks and expenses corresponding, in particular, to the provision for liabilities, for actions environmental and for off-duty immobilized expense compensation.

It will be paid for the amount of the expenses, from the accounts of the subgroup 14.

74. Grants to the holding

740. Official grants to the holding (*).

741. Grants to the exploitation of Sports Entities (*).

742. Other grants to the holding (*).

Those granted by Public Administrations, Sports Entities, companies or individuals to the object, in general, to assure these a minimum return or to compensate for "deficits" of exploitation. In the latter case, those made by the partners or entities in the group, multigroup or associated are excluded.

740. Official grants to the holding (*). -Those received from the Higher Council of Sports, Autonomous Communities and other public entities.

To be paid for the amount of the grant, from the accounts of the subgroups 47 or 57.

741. Grants to the exploitation of Sports Entities (*). -Received from Federations, the National Professional League and other sports entities.

It will be paid for the amount of the grant, from 441, 442, 443 or to the accounts of subgroup 57.

742. Other grants to the holding (*). -Received from companies or individuals.

To be paid for the amount of the grant, from the accounts of the subgroups 44 or 57.

75. Other management revenue

750. Other stock sales (*).

751. Results of operations in common.

7510. Loss transferred (manager).

7511. Attributed benefit (participant or non-manager associate).

752. Revenue from leases.

754. Fee income.

755. Income from services to staff.

756. Income from insurance compensation for claims in the activity (*).

757. Revenue by transfer of players (*).

759. Other income (*).

750. Other sales of stocks (*)-Income derived from the sale of articles, sports or not, susceptible to economic activity. If this activity is ordinary for the institution, the revenue from this concept shall be recorded in sub-group 70, in particular in account 706, where the revenue corresponds to the concepts contained therein.

756. Income from insurance claims for claims in the activity. -Income from claims arising from claims in elements affected by the activity of the institution causing expenses the nature of which is, in accordance with this adaptation, exploitation, therefore excluding those resulting from the fixed assets and other elements other than the previous ones in the terms set out in the valuation rules.

For these purposes, account should be taken of the information given in subgroup 77 for the purpose of the nature of the operation.

It will be paid for the amount of revenue, usually charged to account 448 or to the accounts of subgroup 57.

757. Revenue by transfer of players (*)-Income obtained as a result of the transfer of players from the entity.

It will be paid for the amount of revenue, usually charged to the accounts of subgroup 57.

759. Other income (*). -This account includes income from raffles, car parks, etc.-It will be paid for the amount of the sales, usually charged to the accounts of subgroup 57.

76. Financial income

760. Income from equity participations.

761. Income from fixed income securities.

762. Long-term credit income.

763. Short-term credit income.

765. Discounts on purchases for early payment.

766. Benefits in marketable securities.

767. Income from insurance compensation for exchange rate risk (*).

768. Positive differences of change (*).

769. Other financial income.

767. Income from insurance claims for exchange rate risk (*)-Income from claims arising from currency exchange differences other than the euro.

It will be paid for the amount of revenue, usually charged to the accounts of subgroup 57.

768. Positive differences of change (*)-Benefits produced by changes in the exchange rate in fixed income, credit, debt and cash securities, in currency other than the euro, in accordance with the criteria set out in the valuation rules.

a) It will be paid:

a1) When they sell the securities, claims and debts that originated the said benefits, from the accounts of groups 1, 2, 4 or 5 representative of the securities, credits or debits in currency other than the euro.

a2) At the end of the financial year, under the accounts of the sub-group 57 representative of cash in currency other than the euro.

a3) When the profits are attributable to results in accordance with the Valuation Rules, with count 136.

a4) When securities and credits are collected, debits are paid or cash is delivered in currency other than the euro, from account of subgroup 57.

77. Benefits from immobilised and exceptional income

770. Benefits from intangible fixed assets (*).

771. Benefits from tangible fixed assets.

772. Profit from long-term equity holdings of entities in the group.

773. Benefits from long-term equity holdings of associated entities.

774. Profit from operations with own shares and obligations.

775. Capital grants transferred to the result of the financial year (*).

776. Benefits from the transfer of players (*).

778. Extraordinary revenue (*).

779. Income and benefits from previous years.

770/771. Profits from the ... (*). Benefits produced in the disposal of intangible or material immobilised, except those produced by the transfer of players to be recorded in account 776.

They will be paid for the benefit obtained in the disposal, usually charged to the group 5 accounts that correspond.

775. Capital grants transferred to the result of the financial year (*). -Amount transferred to the result of the exercise of the grants in accordance with the criteria set out in the Valuation Standards.

Your movement is explained in account 130.

776. Benefits from the transfer of players (*). -Amount of profits earned as a result of the transfer of the players of the entity.

It will be paid for the benefit obtained in the operation, usually charged to the group 5 accounts that correspond.

778. Extraordinary income (*)-Benefits and revenues of significant amounts that are not to be considered periodic when evaluating the future results of the entity.

As a general rule a profit or income shall be considered as an extraordinary item only if it originates from facts or transactions which, taking into account the sector of activity in which the entity operates, both comply with the two Following conditions:

Fall outside of ordinary and typical entity activities.

It is not expected, reasonably, to occur frequently.

They will include, among others, those from the rehabilitation of those credits that in their day were amortized by firm insolvencies, as well as the indemnities settled by insurance companies in claims, other than those collected in subgroup 75 or 76.

79. Excess and application of provisions

790. Excess provision for risks and expenses.

791. Excess supply of intangible fixed assets.

792. Excess supply of the fixed assets 793. Provision of applied stock.

794. Provision for insolvencies of the applied activity (*).

795. Provision for other operations of the applied activity (*).

796. Excess provision for long-term marketable securities.

797. Excess provision for long-term credit insolvencies.

798. Excess provision for short term marketable securities.

799. Excess provision for short-term credit insolvencies.

794. Provision for insolvencies of the applied activity (*)-Amount of the existing provision at the close of the previous year.

It shall be paid for the amount provided in the preceding financial year, under the accounts 490, 493, 494 or 495.

When the second alternative provided for in the account 490, definition and accounting movement is used, it shall be adapted to that set out in that account.

795. Provision for other operations of the applied activity (*)-Amount of the existing provision at the close of the previous year.

To be paid, at the end of the financial year, for the amount provided in the preceding financial year, under account 499.

FOURTH PART

Annual accounts

Note: Only those rules for drawing up annual accounts that have been subject to adaptation are included.

Balance and profit and loss account models are included in their entirety.

In relation to memory models, only those sections that have been subject to adaptation are included, so that the sections of it that have undergone some change, even the different numbering, are included in their whole.

I. RULES FOR DRAWING UP ANNUAL ACCOUNTS

2. Annual Accounts Form

1. The annual accounts shall be drawn up by the administrators within the maximum period of three months from the end of the financial year. For these purposes, the annual accounts shall express the date on which they were formulated and must be signed by all the administrators, in the case of a public limited liability company; if any of them fail to be signed, an indication of the cause shall be given, each of the documents in which it is missing.

2. The balance sheet, the profit and loss account and the memory shall be identified; the name, the entity to which they correspond and the financial year to which they relate are clearly indicated in each of these documents.

3. The annual accounts shall be drawn up by expressing their values in euro; however, the values may be expressed in thousands of euros when the magnitude of the figures so advises, in this case this circumstance shall be indicated in the accounts. annual; in any case, they must be clearly worded and show the true image of the assets, the financial situation and the results of the entity.

3. Annual Accounts Structure

The annual accounts of the Sports Anonymous Companies, and when so established, of the sports companies that limit the liability of the members, as well as of the other Sports Entities, that without taking that form participate in professional competitions, they must be adapted to the normal model.

4. Short Annual Accounts

1. Entities identified in standard 3.^a may use the abbreviated annual account models in the following cases:

(a) Short balance sheet: institutions where at the end of the financial year, at least two of the following conditions are met:

The total number of asset items does not exceed 395 million pesetas (2,373,997,81 euros). For these purposes, the total amount shown in the model of the balance sheet shall be fully understood.

That the net amount of your annual turnover does not exceed 790 million pesetas (4,747,995,63 euros).

The average number of workers employed during the financial year is not greater than 50.

(b) Short-term profit and loss account: institutions where at the end of the financial year, at least two of the following conditions are met:

That the total of the assets of the asset does not exceed 1,580 million pesetas (9,495,991.25 euros). For these purposes, the total amount shown in the model of the balance sheet shall be fully understood.

The net amount of your annual turnover is less than 3.16 billion pesetas (18,991,982.5 euros).

That the average number of workers employed during the financial year is not greater than 250.

When an entity, on the date of the end of the financial year, becomes two of the above circumstances or ceases to comply with them, such a situation will only produce effects as to what is stated in this paragraph if repeated for two consecutive exercises.

2. Sports entities not mentioned in the previous standard shall be required to make at least the abbreviated annual accounts.

3. The requirements set out in the following rules for normal models must be in line with the characteristics of the abbreviated models.

5

The balance sheet, comprising, with due separation, the assets and rights that constitute the entity's asset and the obligations and the own funds that form the liability of the entity shall be made taking into account that:

(a) For each item, in addition to the figures for the financial year which is closed, the figures for the preceding financial year shall be shown.

For these purposes, where some and other effects are not comparable, either because there has been a change in the balance sheet structure or a change in imputation, the amounts of the financial year must be adjusted. precedent, for the purposes of its presentation in the current exercise.

(b) The criteria for accounting for one year to another shall not be modified except for exceptional cases which shall be indicated and justified in memory.

(c) The items to which no amount corresponding in the financial year or in the preceding year shall not be included.

(d) The structure from one financial year to another shall not be modified except exceptional cases to be indicated in memory.

e) New items may be added to those provided for in the normal and abbreviated models, provided that their content is not provided for in the existing ones.

f) A more detailed subdivision of the items that appear on the models, both in the normal and the abbreviated, can be made.

g) Items preceded by Arabic numbers may be grouped, if they represent only an irrelevant amount to show the true image or if clarity is favored.

(h) Credit and debt with group or associated entities, whatever their nature, shall be included in the corresponding assets or liabilities, with the separation of those that do not correspond to group entities or associated, respectively. For these purposes, the associated entities shall also include relationships with multi-group entities.

i) Credit and debt with Sports Entities, whatever their nature, shall be separately from other claims and debts, in the corresponding assets or liabilities.

j) The short-to long-term classification shall be made taking into account the expected maturity, disposal or cancellation.

It will be considered a long term when it is greater than one year from the date of the end of the financial year.

k) The overall amounts of the rights to property or other rights affected by leasing transactions or similar formula to be shown in the asset shall be contained in separate headings. For these purposes, according to the leasing contract, assets intended directly for the activity of sport or other assets are to be created under the heading 'Rights on property or other sporting rights under a tenancy scheme'. financial leasing or similar formula "and" similar formula " in the headings B. II and B. III, respectively, of the assets of the balance sheet.

The debts relating to such transactions shall be entered in separate heading. For these purposes, the items "Long-term financial leasing creditors" and "Short-term financial leasing creditors" shall be created in the headings D. II and E. II, respectively, of the liability of the balance sheet.

(l) Financial investments with a maturity of not more than one year shall be under the heading D. IV of the asset, "Temporary financial investments".

m) Pending disbursements on actions that constitute permanent financial investments, which are not required but which are required in the short term under Article 42 of the Recast Text of the Companies Act shall be included in item E.V. 5 of the balance sheet liability.

n) Non-financing with a maturity of not more than one year shall be included in the liability group E, "Short-term creditors".

or) Where there are provisions for risks and expenses with a maturity of not more than one year, the liability group F shall be created with the name 'Provisions for short-term risks and expenses'.

(p) Where own shares are held, pending redemption, acquired in execution of a capital reduction agreement adopted by the General Board, item A. VIII of the liability shall be set up under the name ' Shares own for capital reduction. " This heading, which will always have a negative sign, will cover the amount of own funds.

q) For the debtor accounts for transactions in the activity with a maturity of more than one year, item B. VII of the asset shall be created, with the name "Debtors for long-term business operations"; breakdown required.

r) For the business accretive accounts of the activity with a maturity of more than one year, the liability item D. VI shall be created, with the name "Creditors for long-term business operations"; the breakdown required.

s) When the institution receives subordinated or participative loans, the items of "subordinated debt and long-term equity loans" and "subordinated debt and short-term equity loans" shall be created in the epigraps corresponding to groups D and E, respectively, of the liability of the balance sheet.

6. Profit and Loss Account

The profit and loss account, comprising, with due separation, the revenue and expenditure of the financial year and, by contrast, the result of the exercise, shall be made taking into account that:

(a) In each consignment, the figures for the financial year which are closed shall be shown in addition to the figures for the preceding financial year.

For these purposes, where some and other effects are not comparable, either because there has been a change in the structure of the profit and loss account or a change in imputation, the changes must be made. amounts of the preceding financial year, for the purposes of its presentation in the current financial year.

(b) The items to which no amount corresponding in the financial year or in the preceding year shall not be included.

(c) The structure of one financial year shall not be modified unless exceptional cases are indicated in the memory.

(d) New items may be added to those provided for in the normal and abbreviated models, provided that their content is not provided for in the existing ones.

e) A more detailed subdivision of the items that appear on the models, both in the normal and the abbreviated, can be made.

f) Items preceded by Arabic numbers may be grouped together if they represent only an irrelevant amount to show the true image or if they favor clarity.

g) In associated entities items will also include relationships with multi-group entities.

(h) The financial expenses of long-term debt with short maturity shall be included in the Debit, in Pool 6, "Financial expenses and related expenses".

8. th Financing table

The financing table, which collects the resources obtained in the exercise and its different origins, as well as the application or the use of the same in fixed or circulating, will be part of the memory.

It will be formulated considering that:

(a) In each item, the figures for the financial year which are closed for the year immediately preceding the year shall be included.

When each and other are not comparable, the amounts of the preceding financial year shall be adjusted for the purposes of their presentation in the current financial year. However, where the preceding financial year has drawn up an abbreviated memory, the figures for the preceding financial year may be omitted.

(b) The headings included in the financing table should be adapted in the light of the importance of the different operations for the institution, making groupings of the different concepts when they are minor importance and incorporating those not included that may be significant in assessing and interpreting changes in the financial situation.

(c) The financing table shall show separately the different sources and permanent applications of resources on the basis of the operations which have produced them and whether or not these operations have affected or not formally, to working capital, including, inter alia, capital increases carried out through the conversion of long-term debts, which must be included simultaneously as an application and as a source of funds. It shall also summarise the increases and decreases that have occurred in the financial year in that working capital.

(d) The results of the financial year shall be corrected to eliminate the profits or losses resulting from the valuation of fixed assets or long-term liabilities, expenses and revenues that are not (a) the change in working capital and the results obtained in the disposal of fixed assets. The items that result in the correction of the result are, inter alia, the following:

Increased benefit or decrease in loss:

1. Allocations to depreciation and provisions for fixed assets.

2. Provision for provision for risks and expenses.

3. Deferred interest-related expenses.

4. Amortization of debt formalization expenses.

5. Negative change differences.

6. Losses from the disposal of fixed assets.

7. Deferred corporate tax on the financial year and the relevant adjustments.

Decreased benefit or increased loss:

1. Excess of fixed assets.

2. Excess provisions for risks and expenses.

3. Revenue from deferred interest.

4. Positive change differences.

5. Benefits in the disposal of fixed assets.

6. Capital grants and other transfers to the outcome of the financial year.

7. Imputation of income by transfer of rights and future income.

When the result of the corrected exercise is positive (profit) it will be shown in resources under the name "Resources from the operations". On the other hand, if the result of the corrected exercise is negative (loss), it will be displayed in applications with the name "Resources applied in the operations".

As a note to the financing table, a summary of the corrections to the result should be included, reconciling the accounting result of the exercise with the resources from the operations shown in the report. table.

e) Resources obtained in the disposal or early cancellation of tangible, intangible or financial fixed assets shall be obtained by adding or subtracting, respectively, the net book value of the corresponding fixed assets, the profit or loss obtained in the operation.

(f) revaluations of fixed assets made in the financial year under a law shall not be considered as sources or applications of resources, without prejudice to the revaluations that have affected elements of fixed assets in the financial year, are considered as higher book value for the purposes of determining the resources obtained in the financial year as a result of such disposal.

g) The different sources and applications of resources for transactions formalised in the financial year will be shown in the financing table for their actual amount, i.e. deducted the deferred interest expense and income, and any other expenditure or revenue to be distributed in various financial years that has not been a change in working capital.

(h) Differences in the exchange of fixed income securities, debts and long-term claims incurred during the financial year shall not be shown as a source or application of funds, and the corresponding correction should therefore be made. the result or your compensation with revenue to be distributed in various exercises.

(i) The application of resources to permanent financial investments resulting from the renegotiation or transfer of temporary financial investments will be shown separately under the name " Renegotiation of temporary financial investments ' where the importance of their volume so advises. This rule will also apply to resources obtained by renegotiating short-term debts, and must be included separately, where appropriate, with the name 'Renegotiation of short-term debts'.

j) The resources applied for short-term handover of long-term debt will be shown by the debt repayment value.

k) The resources applied for early cancellation of long-term debts will be shown by the effective amount of the cancellation.

(l) Resources from shareholders ' contributions shall be in the financing table, as a source of funds, in the financial year in which the effective contribution is made or where the disbursement has been agreed.

m) When long-term business operations occur, debits and credits constitute, respectively, permanent sources or applications of resources and must be shown separately in the financing table, according to the next detail:

Resources applied in traffic operations:

Long-term commercial credits.

Short-term transfer of commercial debts.

Resources obtained by traffic operations:

Long-term commercial debts.

Short-term transfer of commercial credits.

9. th Annual Business Figure

The net amount of the annual turnover shall be determined by deducting from the amount of the revenue from competitions, by subscribers and partners, by retransmission and marketing and advertising corresponding to the activities the amount of the allowances and other reductions on these revenues and that of the value added tax and other taxes directly related to them.

12. Operations with Sports Entities

It is understood by the Sports Entity, the Sports Associations established in article 12 of Law 10/1990, of 15 October, of the Sport, which classifies them in: Sports clubs which in turn are classified in Sports Clubs Elementary, Basic Sports Clubs and Sports Anonymous Companies; State-wide Club Pools; State-wide Sports Promotion Entes; Professional Leagues and Spanish Sports Federations.

For the purposes of filing the annual accounts, transactions with Sports Entities shall be included in separate items. However, when the Sports Entities comply with the requirements set out in the previous standard to be considered as an entity of the group, associated or multi-group entity, the latter shall be treated for the purposes of the classification of their operations.

13. Intermediate financial statements

The interim financial statements shall be presented in the form and the criteria established for the annual accounts; for these purposes, they shall be made without having any reflection in accounting, so that, if appropriate, they shall be cancelled. the accounting records that are eventually made for the performance of those financial statements.

14. Information separated by activities

1. The separate information on assets, liabilities, expenses and revenues corresponding to each of the activities carried out by the entity referred to in Royal Decree 1251/1999 of 16 July 1999 on public limited liability companies shall be provided in models built into memory, taking into account that:

(a) Information must be provided for both the financial year and the previous financial year. For these purposes, where the figures for both exercises are not comparable, the figures for the preceding financial year shall be adjusted for the purposes of their presentation in the current financial year.

(b) The items to which no amount corresponding in the financial year or in the preceding year shall not be included.

(c) The structure of one financial year shall not be modified unless exceptional cases are indicated in the memory.

(d) New items may be added to those provided for in the models, provided that their content is not provided for in the existing ones.

e) A more detailed subdivision of the items appearing in the models can be made.

f) Items may be grouped together, if they represent only an irrelevant amount to show the true image or if clarity is favored.

2. The separation of the assets, liabilities, expenses and revenues included in the annual accounts corresponding to each of the activities carried out by the entity shall be carried out in accordance with the following rules:

(a) Each of the sports activities performed by the entity, defined in accordance with the specific regulations, shall be identified.

If the entity performs other non-sports activities, together with sports activities, they will be grouped in "Other non-sports activities".

Financial operations that are not specifically imputable to an activity as indicated above, will be charged to the "Financial Activity of the entity".

(b) Each sporting activity shall be allocated the assets, liabilities, expenses and income that correspond to it exclusively or directly and shall be charged with rational criteria, taking into account the following points of this rule, common to two or more activities.

(c) "Other non-sporting activities" shall be allocated to assets and liabilities, expenses and revenues that do not correspond to sporting activities.

d) In cases where it is not possible to perform with rational criteria the specific imputation to one or more activities of the assets, liabilities, expenses and income derived from:

Financial investments.

Expenses to be distributed over various exercises.

Treasury.

Debtors by traffic operations.

Own funds.

Revenue to be distributed over multiple exercises.

Provisions for risks and expenses.

Creditors.

The assignment of those will be done to the "Financial Activity of the entity", explaining in the memory the circumstances that motivate this assignment.

(e) The allocation of the assets, liabilities, expenses and common income shall be based on criteria or indicators as objective as possible and which conform to the most common practices in this respect in the sector, always with the guidance that the costs and revenues attributed to each activity are the most parallel to the cost or costs that have a more important functional relationship with the activities carried out, which, in principle, will be the expenditure of staff.

(f) The criteria for allocation and allocation of assets, liabilities, expenses and income shall be systematically established and applied and should be maintained uniformly over time.

(g) The allocation and allocation criteria used and, if, for exceptional and justified reasons, are to be amended, the allocation and allocation criteria shall be set out in the memory; those reasons, as well as the quantitative impact of those changes in the valuation, considering that the changes occur at the beginning of the financial year.

II. ANNUAL ACCOUNTS MODELS

Balance

Exercise ...

Assets

Active	Exercise N	Exercise N-1
, 191, 192, 193, 194, 195, 196	A) Shareholders (partners) for unrequired disbursements.
20	I. Setting expenses.
	II. Sports inmobilizations.
215	1. Player acquisition rights.
217	2. Rights to participate in competitions and organization of sporting events.
218	3. Rights to investments made in land or facilities ceded.
2190	4. Advances.
(2910)	5. Provisions.
(2815), (2817), (2818)	6. Redemptions.
	III. Other intangible fixed assets.
210, 211, 212, 213, 214	1. Other intangible immobilized.
2191	2. Advances.
(2911)	3. Provisions.
(2810), (2811), 2812), (2813), (2814)	4. Redemptions.
	IV. Material inmobilizations.
224	1. Sports stadiums and pavilions.
220, 221	2. Other grounds and constructs.
222, 223	3. Technical installations and machinery.
225, 226	4. Other facilities and furniture and sports equipment.
23	5. Advances and ongoing material inmobilizations.
227, 228, 229	6. Another quiesced.
(292)	7. Provisions.
(282)	8. Redemptions.
	V. Financial inmobilizations.
240	1. Group entities.
, 244, 246	2. Credits to entities in the group.
241	3. Shareholdings in associated entities.
, 245, 247	4. Credits to associated entities.
, 2501, 2503, 251, 256	5. Long-term portfolio of values.
2502	6. Long-term stakes in Sports Entities.
255, 2570	7. Credits to Sports Entities.
258, 253, 254, 2571, 258	8. Other credits.
260, 265	9. Long-term, constituted deposits and bonds.
(293), (294), (295), (296), (297), (298)	10. Provisions.
198	VI. Own actions.
27	C) Expenses to be distributed in multiple exercises.
	558	I. Shareholders by required disbursements.
30, 31, 32, 33, 407, (39)	II. Stocks.
	III. Debtors.
, 431, 435	1. Subscribers and partners by quotas.
551	2. Group entities, debtors.
552	3. Associated entities, debtors.
441, 442, 443, 445, 447, 554	4. Sports Entities, debtors.
, 444, 446, 448, 449, 553, 559	5. Multiple debtors.
460, 544	6. Staff.
, 471, 472, 474	7. Public Administrations.
(490), (493), (494), (495)	8. Provisions.
	IV. Temporary financial investments.
530, (538)	1. Group entities.
	532, 534, 536	2. Credits to group entities.
531, (539)	3. Shareholdings in associated entities.
533, 535, 537	4. Credits to associated entities.
5400, 5401, 5403, 541, 546, (549)	5. Short-term portfolio of values.
5402	6. Short term interests in Sports Entities.
543, 5470	7. Credits to Sports Entities.
542, 545, 5471, 548	8. Other credits.
565, 566	9. Short-term, constituted deposits and bonds.
(593), (594), (595), (596), (597), (598)	10. Provisions.
-	V. Short term own actions.
57	VI. Treasury.
480, 580	VII. Adjustments by staging.
	Overall Total (A + B + C + D)	-	-

Passive	Exercise N	Exercise N-1
A) Own Funds.
	10	I. Subscribed capital.
110	II. Emission premium.
111	III. Repricing reserve.
	IV. Reservations.
112	1. Legal reservation.
115	2. Reservations for own actions.
114	3. Reserves for shares in the dominant society.
116	4. Statutory reservations.
, 117, 118	5. Other reservations.
	V. Previous exercise results.
120	1. Remaining.
(121)	2. Negative results from previous exercises.
122	3. Partner contributions for loss compensation.
129	VI. Loss and profit (benefit or loss).
(557)	VII. Dividend to account delivered in the exercise.
	B) Revenue to be distributed in multiple exercises.
130, 132, 133	1. Capital grants.
131	2. Sports Entity Capital Grants.
136	3. Positive differences of change.
134, 137	4. Future assignment of rights and revenue.
135	5. Other income to distribute in various exercises.
	C) Provisions for risks and expenses.
140	1. Provisions for obligations to staff.
141	2. Tax provisions.
, 143, 145, 146, 148	3. Other provisions.
144	4. Reversal background.
	D. Long-term creditors.
	I. Bond issues and other negotiable values.
150	1. Non-convertible obligations.
151	2. Convertible debentures.
155	3. Other debts represented in marketable securities.
170	II. Debt to credit institutions.
	III. Debts to group entities and associates.
160, 162, 164	1. Debts to entities in the group.
, 163, 165	2. Debts to associated entities.
	IV. Other creditors.
174	1. Debts represented by effects to be paid.
176	2. Sports Entities, effects to pay.
, 172, 173	3. Other debts.
175	4. Debts to Sports Entities.
180, 185	5. Long-term received fiances and deposits.
	V. Outstanding outlays on unrequired actions.
248	1. From group entities.
249	2. Of associated entities.
259	3. From other entities.
	E. Short term creditors.
	I. Bond issues and other negotiable values.
500	1. Non-convertible obligations.
501	2. Convertible debentures.
505	3. Other debts represented in marketable securities.
506	4. Obligations and other values interests.
	II. Debt to credit institutions.
520	1. Loans and other debts.
527	2. Interest debts.
	III. Debt to group entities and short-term associates.
402, 510, 512, 514, 551	1. Debts to entities in the group.
403, 511, 513, 515, 552	2. Debts to associated entities.
	IV. Commercial creditors.
437	1. Subscriber and partner advances by quotas.
, 410, 419	2. Debts for purchases or services.
401, 415	3. Debts represented by effects to be paid.
416	4. Sports Entities, Commercial Effects to Pay.
411, 412, 413	5. Debts to Sports Entities.
	V. Other non-commercial debts.
, 476, 477, 479	1. Public Administrations.
524	2. Debts represented by effects to be paid.
525	3. Sports Entities, effects to pay.
522, 554, 5280	4. Debts to Sports Entities.
509, 521, 523, 526, 5281, 553, 555, 556	5. Other debts.
4650	6. Payment to be paid to the sports template.
4651	7. Unpaid salaries to non-sports staff.
560, 561	8. Short term received fiances and deposits.
	VI. Provisions for activity operations.	-	-
485, 585	VII. Adjustments by staging.	-	-
	Overall Total (A + B + C + D)

Profit and Loss Account

Exercise ...

Number of Accounts

654

691, 692, 6960 6961, (791), (792), (7960), (7961)

Must	Exercise N	Exercise N-1	N accounts	Haber	Exercise N
	A) Expenses.				B) Revenue.
	1. Provisioning.				1. Net amount of business figure.
600, (6080), (6090), 610 *	a) Consumption of sports equipment.			700, 701, 702, 703, 709	a) Revenue from competitions.
, 602, 603, (6081), (6082), (6083), (6091), (6092), (6093), 611 *, 612 *, 613 *	b) Other consumption and external expenses.			71	b) Revenue by subscribers and partners.
	2. Staff expenditures.			707	c) Revenue by retransmission.
, 6420	a) Sports template salaries and salaries.			706, 708	d) Marketing and advertising revenue.
641, 6421	b) Other wages, salaries, and assimilated.			73	2. Jobs performed by the entity for the quiesced.
643, 644, 649	c) Social loads.				3. Other operating income.
	3. Endowments for fixed assets.			75	a) Accessories and other current management revenue.
a) Amortization of player acquisition rights				74	b) Grants.
	680, 6811, 682	b) Other redemptions.			790	c) Excess risk and expense provisions.
650, 693, 694, 695, (793), (794), (795)	4. Variation of provisions of the activity and losses of bad credits.				I. OPERATING LOSSES (A1 + A2 + A3 + A4 + A5-B1-B2-B3)	----	----
	5. Other operating expenses.				4. Capital equity income.
62				7600	7600	7600 Table_table_izq"> a) In entities in the group.
631, 634, (636), (639)	b) Tributes.			7601	b) In associated entities.
c) Displacements.			7603	c) In entities outside the group.
653	d) Acquisition expenses players.				5. Income from other marketable assets and assets from fixed assets.
651, 652, 655, 656, 657, 658, 659	e) Other current management expenses.			7610, 7620	a) From group entities.
690
f) Dotation to the reversion fund.			7611, 7621	b) Associated entities.
	I. OPERATING BENEFITS (B1 + B2 + B3-A1-A2-A3A4-A5)	----	----	7613, 7623
6. Financial expenses and expenses assimilated.			7624	d) For Sports Entities.
6610, 6615, 6620, 6630, 6640	a) For debts to group entities.				6. Other interest and income assimilated.
6611, 6616, 6621, 6631, 6641	b) For debts to associated entities.			7630, 7650	a) From entities in the group.
6613, 6618, 6622, 6624, 6632, 6634, 6643, 669	c) For debts to third parties and expenses assimilated.			7631, 7651	b) associated.
6623, 6633	d) For debts to Sports Entities.			7633, 7653, 767, 769	c) Other financial interests and revenue.
	666, 667						d) Of Sports Entities.
6963, 6965, 6966, 697, 698, 699, (7963), (7965), (7966), (797), (798), (799)	7. Variation of financial investment provisions.			7634
	658
658	8. Negative differences of change.			766
	II. POSITIVE FINANCIAL RESULTS (B4 + B5 + B6 + B7 + A6 + A7 + A8)	----	----		7. Positive differences of change.
	III. BENEFITS OF ORDINARY ACTIVITIES (AI + AII-BI-BII)	----	----	768
9. Variation of provisions for intangible fixed assets, material and control portfolio.				II. NEGATIVE FINANCIAL RESULTS (A6 + A7 + A8-B4-B5-B6-B7)	----	----
670, 671, 672, 673	10. Losses from intangible immobilized, material and control portfolio.				III. LOSS OF ORDINARY ACTIVITIES (BI + BII-AI-AII)	----	----
674	11. Losses from operations with own actions and obligations.			770, 771, 772, 773	8. Benefits in disposal of intangible immobilized, material and control portfolio.
676	12. Loss from player transfer.			774	9. Benefits from operations with actions and obligations of your own.
678	13. Extraordinary expenses.			775	10. Capital grants transferred to exercise result.
679	14. Expenses and losses for other exercises.			776	11. Benefits from player handover.
	IV. EXTRAORDINARY POSITIVE RESULTS (B8 + B9 + B10 + B11 + B12 + B13-A9-A10-A11-A12-A13-A14)	----	----	778	12. Extraordinary revenue.
	V. PROFIT BEFORE TAX (AIII + AIV-BIII-BIV)	----	----	779	13. Income and benefits from other exercises.
630 * *, 633, (638)	15. Corporation Tax.				IV. NEGATIVE EXTRAORDINARY RESULTS (A9 + A10 + A11 + A12 + A13 + A14-B8-B9-B10-B11-B12-B13)	----	----
	16. Other taxes.				V. PRE-TAX LOSSES (BIII + BIV-AIII-AIV)	----	----
	VI. EXERCISE RESULTS (BENEFITS) (AV-A15 -A16)	----	----		VI. EXERCISE RESULTS (LOSSES) (BV + A15 + A16)	----	----

* With positive or negative sign based on your balance.

** This account may have a credit balance and therefore the A15 item may have a negative sign.

MEMORY

4. Valuation rules

The accounting criteria applied for the following items shall be indicated:

(a) Establishment expenses; indicating the criteria used for capitalization, depreciation and, where applicable, sanitation. In any event, the criteria used for capitalisation, depreciation and, where appropriate, consolidation of expenditure incurred on land transferred in a precarious manner shall be specified.

b) Intangible fixed assets:

b1) Immobilized sports equipment; indicating the criteria used for capitalization, amortization, provisions and, where applicable, sanitation.

In addition, the criteria for accounting for leasing contracts or other similar formulas for assets or rights that are directly intended for sporting activity shall be specified.

b2) Other intangible fixed assets, indicating the criteria for capitalisation, depreciation, provisions and, where applicable, sanitation.

Justification, where applicable, for the amortisation of the goodwill over a period of more than five years; indicating the amounts of revenue that is expected to generate such assets during its amortisation period.

In addition, the criteria for accounting for leasing contracts or other similar formula that should not be included in the previous paragraph will be specified.

c) Fixed material, indicating the criteria for:

Amortization and provision of provisions.

Capitalization of interest and exchange differences.

Accounting for extension, modernization, and enhancements costs.

Determining the cost of the jobs performed by the entity for your immobilized.

The items of the fixed assets held in the asset for a fixed amount.

Value updates practiced under a Law.

(d) marketable securities and other similar financial investments, distinguishing in the short and long term; indicating the valuation criteria and in particular, specifying the criteria for valuation corrections.

e) Non-commercial credits, distinguishing both short and long-term; indicating the valuation criteria and, in particular, specifying those followed in the valuation corrections and, where applicable, the accrual of interest.

(f) Stocks; indicating the conditions and circumstances for which they were accounted for, as well as the valuation criteria and, in particular, specifying those followed by value adjustments.

In addition, the criteria for the valuation of the items on the asset for a fixed amount shall be specified.

g) Own shares held by the entity.

h) Grants, donations and legacies; indicating their origin, nature and conditions and the criterion of imputation to results.

i) Provisions for staff obligations; indicating the accounting criterion and making a general description of the method of estimation and calculation of each of the risks covered.

(j) Other provisions of Group 1; indicating the accounting criterion and making a general description of the method of estimation and calculation of the risks or expenses included in those provisions.

k) Debts, distinguishing both short and long-term; indicating the valuation criteria, as well as those of imputation to results of deferred interest or premium expenses.

l) Benefits tax; indicating the criteria used for accounting.

m) Currency transactions other than the euro; indicating the following:

Currency balances valuation criteria other than the euro.

A procedure used to calculate the euro exchange rate of assets that are currently or at their origin expressed in currency other than the euro.

Accounting criteria for change differences.

n) Revenue and expenses.

o) Actuations of the entity with an impact on the environment, indicating:

Assessment criteria, as well as imputation to the results of the amounts intended for the preceding purposes. In particular, the criterion used to consider these amounts as expenditure for the year or as the higher value of the corresponding asset shall be indicated.

Description of the estimation method and calculation of provisions arising from environmental impact.

p) Criteria used in the quantification and imputation of income derived from the assignment of future rights and revenues.

q) Criteria for the allocation and allocation of assets, liabilities, expenses and income to the various activities carried out by the company in accordance with the rules for drawing up the annual accounts.

6. Intangible fixed assets

6.1 Sports intangible assets. -Analysis of movement during the exercise of each balance sheet item included in this item and its corresponding accumulated write-downs and provisions, indicating the following:

Initial balance.

Input or endowments.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

The assets intended directly for the sporting activity used under the leasing or other similar arrangements, to be included under this heading, shall be reported, specifying in accordance with the conditions of the Contract: cost of the goods at source, distinguishing, where appropriate, the value of the option of purchase, duration of the contract, years elapsed, quotas satisfied in previous years and in the year, outstanding shares and value of the option of purchase.

The significant elements that may exist in this heading will be detailed and additional information on their use, expiry date and amortisation period will be provided.

6.2 Other intangible fixed assets. -Analysis of movement during the exercise of each balance sheet item included in this item and its corresponding accumulated redemptions and provisions; indicating the following:

Initial balance.

Entries or envelopes.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

For these purposes, a distinction shall be made between concessions, patents, licences, trade marks and the like acquired for consideration and those created by the entity itself.

The goods used under the leasing or other similar formula shall be reported, specifying in accordance with the terms of the contract: cost of the goods at source, distinguishing, where appropriate, the value of the option the purchase, duration of the contract, years after, quotas satisfied in previous years and in the year, outstanding shares and, if applicable, the value of the option to purchase.

The significant elements that may exist in this heading will be detailed and additional information on their use, expiry date and amortisation period will be provided.

7. Player acquisition rights

Analysis of the movement during the exercise of this balance sheet item and its corresponding accumulated redemptions and provisions, indicating the following:

Initial balance.

Input or endowments.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

Reports on:

The most significant features of player acquisition rights, and in particular their amount, years of the contract by distinguishing the already elapsed ones, etc.

The rights to acquire players under the financial lease or other similar formula, which must be included as intangible fixed assets, specifying in accordance with the terms of the contract: cost at source, distinguishing, where appropriate, the value of the option to purchase, the duration of the contract, years after, the fees paid in previous years and in the year, outstanding shares and, where applicable, the value of the option to purchase.

The rights to acquire players transferred to other entities and those obtained by transfer, indicating the amount, term, as well as the most significant characteristics.

The acquisition rights of players acquired from related entities.

8. Sports facilities carried out on land.

Analysis of the movement during the exercise of the balance sheet item that collects the rights to investments made in land or facilities transferred and their corresponding accumulated redemptions and provisions, indicating the following:

Initial balance.

Input or endowments.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

It shall be detailed with respect to any significant elements that may exist in this item, its characteristics, and additional information on its use, expiry date and amortisation period shall be provided.

The same information will also be provided on the expenses that would have been incurred on temporary land.

9. Tangible fixed assets

9.1 Analysis of movement during the exercise of each balance sheet item included in this item and its corresponding accumulated write-downs and provisions indicating the following:

Initial balance.

Entries or envelopes.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

When updates are made, please indicate:

Act that authorizes it.

Amount of revaluation for each item, as well as the increase in accumulated amortization.

Effect of the update on the endowment to amortisation and, therefore, on the outcome of the next financial year.

9.2 Information about:

Amount of accumulated net revaluations, at the end of the financial year, carried out under a law and the effect of such revaluations on the allocation to amortisation and provisions in the financial year.

Amortization Coefficients used by item groups.

Characteristics of investments in tangible fixed assets acquired from entities in the group and associated with an indication of their book value and corresponding accumulated depreciation.

Characteristics of investments in tangible fixed assets located outside the Spanish territory, with an indication of their book value and the corresponding accumulated depreciation.

Amount of interest and exchange differences capitalized on the exercise.

Features of the fixed assets did not directly affect the activity, indicating its book value and the corresponding accumulated depreciation.

Amount and characteristics of fully amortized, technically obsolete or unused assets.

Collateral and reversion assets.

Grants, donations, and legacies received related to the immobilized material.

Firm commitments to purchase and predictable sources of financing, as well as firm commitments to sell.

Specific criteria adopted to assess the assets obtained in tournaments or competitions.

Any other circumstances of a substantive nature affecting property of the fixed assets such as: leases, insurance, litigation, liens and similar situations.

9.3 The information in the two preceding paragraphs shall be provided for the assets directly intended for the sporting activity.

10. Financial investments

10.1 Analysis of movement during the exercise of each balance sheet item included in the headings of "Financial assets" and "Temporary financial investments" and their corresponding provisions, indicating, both for the long as for the short term, the following:

Initial balance.

Entries or envelopes.

Increases by transfers or transfers from another account.

Outputs or reductions.

Decreases by transfers or move to another account.

Final Balance.

For these purposes, each item shall be broken down on the basis of the nature of the investment, distinguishing, where appropriate, between capital shares, fixed income securities, loans and interest credits.

10.2 Information about group entities and associates, detailing:

Denomination, domicile and legal form of the entities in the group, specifying for each of them:

Activities that they exercise.

Fraction of capital held directly or indirectly, distinguishing between both.

Amount of capital, reserves, and outcome of the last financial year, breaking down the extraordinary.

Value according to books of capital participation.

Dividends received in the year.

Indication whether or not the shares are listed on an official secondary market and, where applicable, average price of the last quarter of the year and the closing of the financial year.

Only the information required at this point may be omitted when, by its nature, it may cause serious harm to the entities to which it relates; in that case the omission must be justified.

The same information as the previous point with respect to the associated entities and the companies in which the entity is a collective partner.

Notifications made in compliance with the provisions of Article 86 of the Recast Text of the Companies Act, to the companies that are directly or indirectly involved in more than 10 per 100.

Special mention of compliance with the provisions of Articles 16 and 17 of Royal Decree 1251/1999, of July 16, on Sports Anonymous Societies.

10.3 Other information about:

Amount of fixed income and other similar financial investments, as well as of the credits, which are due in each of the five years following the end of the financial year and the rest until the end of the year; distinguishing by debtors (group entities, associates, Sports Entities and others). These indications shall be separately for each of the items relating to financial investments, in accordance with the balance sheet model.

Amount of accrued and uncollected interest.

Marketable securities, other similar financial investments and credits delivered or affected by collateral.

Breakdown of marketable securities and other similar financial investments, as well as of credits, according to the types of currency in which they are instrumented and, where applicable, coverage of existing exchange differences, distinguishing those issued by entities in the group, associated and others.

Average rate of return on fixed income and other similar financial investments, by homogeneous groups and, in any case, distinguishing those issued by group entities, associates and others.

Firm commitments to purchase marketable securities and other similar financial investments and predictable sources of financing, as well as firm commitments to sell.

Characteristics and amount of any guarantees received in connection with the credits granted by the entity (such as, guarantees, apparel, domain reserves, repurchase agreements, etc.).

Any other substantive circumstances affecting marketable securities, other similar financial investments and credits, such as: litigation, liens, etc.

11. Stocks

The information set out in the General Accounting Plan will be provided when it is significant for the entity.

12. Own funds

12.1 Analysis of movement during the exercise of each balance sheet item included in this pool, indicating the origins of increases and causes of decreases, as well as initial and final balances.

The movement of the epigraps of your own actions will also be included.

12.2 The amount of the minimum capital established by the Joint Commission, as provided for in Article 3 of Royal Decree 1251/1999 of 16 July 1999 on Anonymous Sports Companies, Shall Be Indicated.

12.3 Information about:

Number of shares and nominal value of each of them, distinguishing by classes of shares, as well as the rights granted to them and the restrictions they may have. Also, where appropriate, the outstanding disbursements as well as the date of enforceability shall be reported for each class of shares.

Ongoing capital increase indicating the number of shares to be subscribed, their nominal value, the issue premium, the initial disbursement, the rights they will incorporate and restrictions they will have; as well as the existence or otherwise of Preferred subscription rights in favour of shareholders or debenture holders; and the time allowed for the subscription.

Amount of capital authorized by the shareholders ' meeting to be put into circulation by the directors, indicating the period to which the authorization is extended.

Rights incorporated in convertible bonds and similar financial liabilities, with an indication of their number and the extent of the rights they confer.

Specific Circumstances that restrict the availability of reservations.

Number, nominal value and average purchase price of the entity's own shares held by the institution, or of a third party on behalf of the entity, specifying its intended final destination and the amount of the reserve per acquisition of own actions. The number, nominal value and amount of the reserve corresponding to the own shares accepted as collateral shall also be reported.

The share of capital that, if any, is owned by another entity, directly or through its subsidiaries, when it is equal to or greater than 10 per 100.

Information on significant shareholdings governed by Article 10 of Royal Decree 1251/1999 of 16 July 1999 on Sports Anonymous Companies.

Information about supported entity actions to quote.

13. Grants, donations and legacies

Information on the nature of the grants received by distinguishing their origin and origin.

Information on the amount and characteristics of the grants received that appear in the corresponding balance sheet and profit and loss account items.

Information about compliance and non-compliance with the conditions associated with grants, donations and legacies.

Special reports on:

Capital grants to finance investments made on land transferred to the entity in precarious condition.

Grants that constitute funds to compensate for capital deficits or losses.

14. Deferred revenue by cession of rights and future revenues

Analysis of the movement of each balance sheet item during the financial year; indicating:

Initial balance.

Increases.

Imputations to results.

Low.

Final Balance.

In particular, we shall report on each of the disposals made, indicating the concept given and the most significant characteristics of the transaction (amount, clear identification of the right or assigned revenue, interest rate applied, as a percentage of the overall operation, etc.), with particular reference to the nature of the operation and, where appropriate, the guarantees agreed.

When there are commitments to transfer of rights or future income that do not originate in the registration of the corresponding items because no monetary amounts have been received, information similar to that required in the previous paragraph.

15. Provisions for obligations to staff

15.1 Analysis of the movement of this balance sheet item during the financial year; distinguishing the corresponding provisions for the assets and liabilities as well as the different concepts

Initial balance.

Envelopes, distinguishing from their origin (financial expenses, personnel expenses, ...).

Applications.

Final Balance.

15.2 Information about:

Risks covered.

Capitalization type used.

16. Other provisions of Group 1

16.1 Analysis of the movement of each balance sheet item during the financial year; indicating:

Initial balance.

Envelopes.

Applications.

Final Balance.

16.2 Risk and expense information covered.

17. Non-commercial debts

17.1 Breakdown of items D. IV.3 and D. IV.4 of the liabilities of the balance sheet, "Other Debts" and "Debts with Sports Entities" distinguishing between debts that can be transformed into grants, fixed assets and others.

17.2 Information, distinguishing between short and long term on:

Amount of the debts that expire in each of the five years following the end of the financial year and up to its cancellation, distinguishing by entities of the group, associates, Sports Entities and others. These particulars shall be shown separately for each of the debt items in accordance with the balance sheet model.

Amount of debts with collateral.

Breakdown of debt in currency other than the euro according to the currency types in which they are engaged and, where applicable, coverage of differences in exchange, distinguishing between group entities, associates, and the Sports Entities and other.

Average interest rate of non-commercial long-term debts.

Amount available on discount lines, as well as credit policies granted to the entity with their respective limits, specifying the willing portion.

Amount of accrued and unpaid financial expenses.

Detail of bonds and bonds in circulation at the end of the financial year, with indication of the main characteristics of each one (interest, maturity, guarantees, convertibility conditions, etc.).

18. Equity loans and subordinated debts

In addition to the above for non-commercial debts, the Sports Entities shall include:

18.1 Detail of participative loans obtained and due to maturity, breaking down at least the following information:

Widows with:

Amount	Contract Date	Type of retribution	Method of calculation of retribution	Due date, amortization, or cancellation	Basic Features
Entities group
Entities
Other
Totals

Where appropriate, they will also be detailed with shareholders or partners, Directors and other Administrators.

18.2 Detail of subordinated debts obtained and due to maturity, by breaking down at least the following information:

Widows with:

Councillors and Administrators

Amount	Contract Date	Type of retribution	Method of calculation of retribution	Due date, amortization, or cancellation	Basic Features
Entities group
Entities
or Partners
Other
Totals

19. Tax situation

Explanation of the difference that exists between the accounting result of the exercise and the tax result.

Reconciliation of the result with the tax base of the Corporate Tax

Accounting result for the financial year.................................................... .

	Augments	Decreases
.	.......... .	........ .
Differences	........ .	........ .
Differences:
.	............... .	........ .
With source in previous exercises	........ .	........ .
Compensation of negative taxable bases from previous exercises	........ .	(.......... )
taxable base (tax result)	........ .	........ .

In addition, the following information must be indicated:

The difference between the tax burden charged to the financial year and the previous financial years and the tax burden already paid or to be paid for those exercises, in so far as that difference has a certain interest in respect of the tax burden. to the future tax burden. This difference must be broken down, distinguishing between advance tax and deferred tax.

The differences that occur between the accounting valuation and the one that would correspond to exceptional value corrections of the assets of the fixed assets and the working assets that are due solely to the application of the tax legislation, duly justified.

Negative taxable bases pending tax compensation, indicating the time and conditions to be able to do so.

Nature and amount of tax incentives applied during the financial year, such as deductions and reliefs to investment, job creation, etc., as well as to deduce.

Commitments acquired in relation to tax incentives.

Any other substantive circumstances in relation to the tax situation.

20. Guarantees committed to third parties and other contingent liabilities

20.1 Overall amount of guarantees committed with third parties, as well as the amount of the liabilities included in the balance sheet liability. This information shall be broken down by guarantee classes and distinguishing those related to group entities, associates, sports entities and others. Special mention shall be made of those subrogated guarantees from or to third parties.

20.2 Nature of the contingencies, system of assessment of the estimation and factors of which it depends, with indication of the eventual effects on the patrimony and the results; if any, the reasons that prevent it will be indicated this assessment as well as the existing maximum and minimum risks.

20.3 Risk and expense information covered. With particular reference to potential risks inherent in their activity and which have their base and origin in the special circumstances of the market, the existing contracts of the entity with third parties and other possible contingencies. In particular, provisions covering contingencies on player contracts shall be reported.

In particular, institutions shall include both the guarantees granted and those obtained. They shall also describe the nature and assets or liabilities to which the guarantees obtained and the guarantees granted are linked, as well as, where appropriate, the guarantees subrogated to such endorsements.

To be reported at least, in respect of avales, both granted and obtained:

Totals

Avales granted by:	Amount	Grant and expiration date	Other information
entities
Entities associated
or partners
Administrators and other

Avales obtained by:

Totals

Amount	Grant and expiration date	Other information
entities
Entities associated
or partners
Administrators and other

21. Revenue and expenditure

21.1 Breakdown of items 2.a, "Sueldos and sports template salaries ", and 2.b, "Other wages, salaries and assimilated", and item 3.a, "Amortization of player acquisition rights ", of the account of the losses and gains, detailing by homogeneous blocks the totals that would have been accrued among others by the following concepts:

Wages and salaries.

bonuses and bonuses.

Endowment to write down the right to acquire players.

Remuneration for image rights.

Breakdown of item 2.c of the profit and loss account "Social charges", distinguishing between contributions and endowments for pensions and other social charges.

Breakdown of item 4 of the profit and loss account "Change of provisions and losses of bad loans", distinguishing between failed and the variation of the provision for insolvencies.

21.2 Information about:

Transactions made with entities in the group and associated by detailing the following:

Services received and provided.

Interest paid and loaded.

Dividends and other distributed profits.

Transactions made in currency other than the euro, with separate indication of purchases, sales and services received and provided.

Average number of people employed in the course of the exercise, distributed by categories.

Extraordinary expenses and revenues, including income and expenses for previous years. In particular, gross receipts shall be reported on the basis of estimated or received compensation from insurance institutions.

Extraordinary results from player sales.

Expenses and income that, having been accounted for during the financial year, correspond to a later one.

Expenses and revenue charged to the exercise to be satisfied in another subsequent year.

Income from estimated or received compensation from insurance entities for operating expense concepts as well as for exchange rate risk.

21.3 In particular, the distribution of the net amount of the business figure corresponding to each of the entity's ordinary activities as well as geographic markets shall be reported for each sports section, distinguishing, at least, revenue from official and international official competitions, revenue from other competitions and friendly matches, revenue from subscribers and partners, revenue from retransmission rights and revenue from advertising and marketing.

21.4 It will also be reported, in the event that they exist, the details of those contracts that provide third-party financing with commitments, on a part or all of the future income of the entity other than the referred to in paragraph 14 above. The policy of recognition of the income of the amounts received in advance shall be indicated in their case, indicating the rate of capitalization that such amounts represent.

22. Image rights of players and technicians

Analysis of the movement of the game that collects the image rights of players and technicians, indicating:

Initial balance.

increments.

Applications.

Final Balance.

The above movements will be broken down by player and technical templates, corresponding to the different sports sections, indicating in particular the average time of the contracts, and the more significant.

23. Other information

Information about:

Amount of salaries, allowances and remuneration of any kind accrued in the course of the financial year by the members of the administrative body, whatever their cause. This information shall be given in a comprehensive manner by means of remuneration.

The amount of advances and credits granted to all members of the administrative body, indicating the interest rate, essential characteristics and amounts returned, as well as the obligations, shall be broken down. taken on behalf of them as a guarantee.

Amount of pension and life insurance obligations to the former and current members of the administrative body. This information shall be given in a comprehensive manner and with separation of the benefits in question.

Operations where there is some type of collateral, indicating the assets affected to them even when they are liquid availabilities, pointing out in this case the existing availability limitations.

Any other type of linkage between the entity and the members of its management body or major shareholders that has produced transactions or onerous commitments, to precarious or any other nature with the entity, including the guarantees that they would have provided, in compliance with the provisions of Article 20 of Royal Decree 1251/1999 of 16 July 1999 on Anonymous Sports Companies.

24. Post-shutdown events

Additional information about events occurring after the closure that do not affect the annual accounts to that date, but whose knowledge is useful or necessary for the user of the financial statements.

Additional information on events occurring after the closure of the annual accounts affecting the implementation of the operating business principle.

25. Table of funding

It will describe the financial resources obtained in the financial year, as well as their application or employment and the effect that such operations have produced on working capital. For these purposes, the accompanying model must be completed.

Financing table

Exercise ........

) From fixed and other providers.

Sources Over Applications

(capital increase circulating)

Applications	Exercise N	Exercise N-1	Exercise		Exercise N-1
	1. Resources applied to operations.			1. Resources from operations.
2. Expense of establishing and formalizing debts.			2. Shareholder or partner contributions: a) Capital increases. b) For loss compensation.
	. Fixed assets: a) Intangible assets:			3. Capital grants: a) Official capital grants and others.
a1) Intangible mobilizations.			b) Other grants
a2) Other intangible assets.			4. Deferred revenue by cession of rights and future revenues.
b) Material inmobilizations.			5. Long-term debts.
c) Financial assets.			a) Borrowings and other similar liabilities.
c1) Group entities.			b) Group entities.
c2) Associated entities.			c) Associated entities.
	c3) Sports Entities.			d) Sports Entities.
c4) Other Investments financial.			e) Other debts.
4. Acquiring your own actions.			f) From fixed and other providers.
5. Capital reductions.			6. Disposal of quiesced.
6. Dividends.			a) Intangible assets.
. Short term cancellation or transfer of long-term debts.			a1) Inmobilizations a2) Other intangible assets.
a) Borrowings and other similar liabilities.			b) Material assets.
b) Credit entities.			c) Financial assets:
c) Associated entities.			c1) Entities group.
d) Of Sports Entities.			c2) Entities associated.
) Other debts.			c3) Sports Entities.
		c4) Other financial investments.
	. Provisions for risks and expenses.			7. Disposal of own actions.
			8. Early cancellation or short-term handover of financial assets.
			a) Group Entities.
			b) Associated Entities.
			c) Sports Entities.
			d) Other investments financial.
Total applications			Total Sources
		Application event over sources

Working Capital Variation

Exercise N		Exercise N-1
Augments	Decreases	Augments	Decreases
1. Required disbursements shareholders (partners):
	) Shareholders.
	b) Partners.
2. Stocks.
3. Debtors.
4. Creditors.
5. Temporary financial investments.
	. Own actions.
7. Treasury.
8. Adjustments by staging.
Total Circulating Capital Variation

26. Separate information

The assets, liabilities, expenses and revenues for each of the activities that differ in the entity shall be reported. Institutions shall open the necessary accounts, of four or more figures, in the various groups, in order to provide this information. For this purpose, the details of the accompanying information shall be available for each of them.

Separation of Assets by Activities

Concepts

Exercise N										Exercise N-1
Activity 1		Sport Activity m		Activities Not sports		Financial activity		Total		Sports Activity 1		Sport Activity m		Non-Sports Activities		Financial Activity		Total
Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	A) Shareholders (partners) by unrequired disbursements.
	B) Quiesced:
Inmobilizations.
-Other quiesced.
C) Expenses to be distributed over multiple exercises.
D) Working assets:
-Debtors.
-Treasury.
-Another circulating asset.

* A column shall be opened for each activity of a significant character that the entity performs in the terms set out in the standard n. 14 of the annual accounts.

Separation of Passive by Activities

Concepts

Total Passive

Exercise N										Exercise N-1
Activity 1		Sport Activity m		Activities Not sports		Financial activity		Total		Sports Activity 1		Sport Activity m		Non-Sports Activities		Financial Activity		Total
Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	A) Own Funds.
B) Revenue to be distributed in multiple exercises.
C) Provisions for Risks and expenses.
d) Long-term creditors.
	E) Short-Term Creditors

* A column shall be opened for each activity of a significant character that the entity performs in the terms set out in the standard n. 14 of the annual accounts.

Activity analytics profit and loss account

accounts

6963, 6965, 6966, 697, 698, 699, (7963), (7965), (7966), (797), (798), (799)

Concepts	By activities *
	Exercise N
	Activity 1		Sport Activity m		Non-sports activities		Financial Activity		Total
	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
70.71	Net amount of business figure.
	-Net amount of the imputed business figure between activities.
73, 74	+ Other operating-related revenue
	-Other revenue imputed between activities.
	= REVENUE FROM THE ACTIVITY
60, 61	+ Consumes
	-Purchasing imputed between activities.
	= VALUE ADDED
62, 631, 634, (636) (639), 651, 652, 653, 654, 655, 656, 657, 658, 659, 75, 790, 64	-Other expenses. + Other income. -Staff expenses.
68	-Dotations for immobilized redemptions.
690
-Dotations to the reversion fund.
	650, 693, (793), 694, (794), 695, (795)	-Credit insolvencies and variance of the activity provisions.
= NET OPERATING RESULT
		+ Financial expenses.
66	-Financial expenses. -Dotations for redemptions and financial provisions.
77	+ Benefits from immobilized and exceptional revenue.
67	-Losses from the immobilized and exceptional expenses.
691, 692, 6960, 6961, (791), (792), (7960), (7961)	-Variation of the Intangible, Material and Control Portfolio provisions.
RESULT BEFORE TAX
	630, 633, (638)	+ Corporate Tax.
	= RESULT AFTER TAX (BENEFIT OR LOSS)

* A column shall be opened for each activity of a significant character that the entity performs in the terms set out in the standard n. 14 of the annual accounts.

* A table shall be made for the financial year to which the annual accounts and other accounts of the previous year relate.

27. Environmental information

Information about:

Description and characteristics of the most significant systems, equipment and installations incorporated into the immobilised material, the purpose of which is to minimise the environmental impact and the protection and improvement of the environment indicating its nature, destination, as well as the book value and the corresponding accumulated depreciation of the same as long as it can be determined on an individual basis.

Expenses incurred in the exercise of the protection and improvement of the environment, distinguishing the expenses of ordinary character and those of extraordinary nature, indicating in all cases their destination.

Risks and expenses covered by the provisions corresponding to environmental actions, with particular indication of the derivatives of ongoing litigation, indemnities and others; it will be noted for each provision:

Initial balance.

Envelopes.

Applications.

Final Balance.

Contingencies related to the protection and improvement of the environment, including the risks transferred to other entities, system of assessment of the estimation and factors on which it depends, with indication of possible effects on the assets and results; where appropriate, the reasons for this assessment and the maximum and minimum risks shall be indicated.

III. MODELS OF ABBREVIATED ANNUAL ACCOUNTS

Short balance

Exercise ...

Assets

Active	Exercise N	Exercise N-1
, 191, 192, 193, 194, 195, 196	A) Shareholders (partners) for unrequired disbursements.
	B) Quiesced.
20	I. Establishment expenses.
, 217, 218, 2190, (2910), (2815), (2817), (2818)	II. Sports inmobilizations.
210, 211, 212, 213, 214, 2191 (2911), (2810), (2811), (2812) (2813), (2814)	III. Other intangible immobilizations.
22, 23, (282), (292)	IV. Tangible assets.
, 241, 242, 243, 244, 245, 246, 247, 250, 251, 252, 253, 254, 255, 256, 257, 258, 26 (293), (294), (295), (296), (297), (298)	V. Financial inmobilizations.
198	VI. Own actions.
27	C) Expenses to be distributed in multiple exercises.
	558	I. Shareholders by required disbursements.
30, 31, 32, 33, (39), 407	II. Stocks.
430, 431, 435, 44, 460, 470, 471, 472, 474, (490), (493), (494), (495), 544, 551, 552, 553, 554, 559	III. Debtors.
, 540, 541, 542, 543, 545, 546, 547, 548, (549), 565, 566, (59)	IV. Temporary financial investments.
---	V. Short term own actions.
57	VI. Treasury.
480, 580	VII. Adjustments by staging.
	Overall Total (A + B + C + D)................. .	----	----

Passive	Exercise N	Exercise N-1
A) Own Funds.
	10	I. Subscribed capital.
110	II. Emission premium.
111	III. Repricing reserve.
, 113, 114, 115, 116, 117, 118	IV. Reservations.
120, (121), 122	V. Previous exercise results.
129	VI. Loss and profit (benefit or loss).
(557)	VII. Dividend to account delivered in the exercise.
13	B) Revenue to be distributed in multiple exercises.
14	C) Provisions for risks and expenses.
, 16, 17, 18, 248, 249, 259	D) Long-term creditors.
	400, 401, 402, 403, 41, 437, 465, 475, 476, 477, 479, 485, 499, 50, 51, 52, 551, 552, 553, 554, 555, 556, 560, 561, 585	e) Short-term creditors.
	Overall (A + B + C + D + E)	----	----

Short Profit and Loss Account

Exercise ......

Number of Accounts

Must	Exercise N	Exercise N-1	N accounts	Haber	Exercise N
	A) Expenses.				B) Revenue.
	60, 61 *	1. Operating consumption.				1. Operating income.
	2. Staff expenses.			70, 71	a) Net amount of the business figure.
, 641, 642	a) Wages, salaries, and assimilated.			73, 74, 75, 790	b) Other operating income.
643, 644, 649	b) Social loads.
68	3. Endowments for immobilized redemptions.
, 693, 694, 695, (793), (794), (795)	4. Variation of the activity provisions and losses of bad credits.
62, 631, 634, (636), (639), 651, 652, 653, 654, 655, 656, 657, 658, 659, 690	5. Other operating expenses.
	I. OPERATING BENEFITS (B1-A1-A2-A3A4-A5)	----	----		I. OPERATING LOSSES (A1 + A2 + A3 + A4 + A5 + B1)	----	----
	6. Financial expenses and assimilated expenses				2. Financial income.
661, 662, 663, 664, 669				, 761, 762, 763, 765, 767, 769	a) Revenue and interest.
	, 667	b) Financial investment losses.			766	b) Benefits in financial investments.
6963, 6965, 6966, 697, 698, 699, (7963), (7965), (7966), (797), (798), (799)	7. Assessment of financial investment provisions.			758	3. Positive differences of change.
668	8. Negative differences of change.
	II. POSITIVE FINANCIAL RESULTS (B2 + B3-A6-A7-A8)	----	----		II. NEGATIVE FINANCIAL RESULTS (A6 + A7 + A8-B2-B3)	----	----
	III. BENEFITS OF ORDINARY ACTIVITIES (AI + AII-BI-BII)	----	----		III. LOSS OF ORDINARY ACTIVITIES (BI + BII-AI-AII)	----	----
691, 692, 6960, 6961, (791), (792)	9. Variation of immobilized provisions.			770, 771, 772, 773	4. Benefits in disposal of intangible immobilized, material and control portfolio.
(7960), (7961), 670, 671, 672, 673	10. Losses from intangible immobilized, material and control portfolio.			774	5. Benefits from operations with actions and obligations of your own.
674	11. Losses from operations with own actions and obligations.			775	6. Capital grants transferred to exercise result.
676	12. Loss from player transfer.			776	7. Benefits from player handover.
678	13. Extraordinary expenses.			778	8. Extraordinary revenue.
679	14. Expenses and losses for other exercises.			779	9. Income and benefits from other exercises.
	IV. EXTRAORDINARY POSITIVE RESULTS (B4 + B5 + B6 + B7 + B8 + B9-A9-A10-A11-A12-A13-A14)	----	----		IV. EXTRAORDINARY NEGATIVE RESULTS (A9 + A10 + A11 + A12 + A13 + A14-B4-B5-B6-B7-B8-B9)	----	----
	V. Pretax Benefits (AIII + AIV-BIII-BIV)	----	----		V. Pre-tax losses (BIII + BIV-AIII-AIV)	----	----
630 * *, 633 (638)	15. Corporation tax.
-	16. Other taxes.
	VI. EXERCISE RESULT (BENEFITS) (AV-A15 -A16)	----	----		VI. EXERCISE RESULT (LOSS) (BV + A15 + A16)	----	----

(*) With a positive or negative sign based on your balance.

(**) This account may have a credit balance and therefore the A15 item may have a negative sign.

ABBREVIATED MEMORY

4. Valuation rules

The accounting criteria applied for the following items shall be indicated:

(a) Establishment expenses; indicating the criteria used for capitalization, depreciation and, where applicable, sanitation. In any event, the criteria used for capitalisation, depreciation and, where appropriate, consolidation of expenditure incurred on land transferred in a precarious manner shall be specified.

b) Intangible fixed assets:

b1) Inmobilised sports equipment: Indicating the criteria used for capitalisation, depreciation, provisions and, where appropriate, sanitation.

In addition, the criteria for accounting for leasing contracts or other similar formulas for assets or rights that are directly intended for sporting activity shall be specified.

b2) Other intangible fixed assets: Indicating the criteria of capitalization, amortization, provisions and, where applicable, sanitation.

Justification, where applicable, for the amortisation of the goodwill over a period of more than five years; indicating the amounts of revenue that is expected to generate such assets during its amortisation period.

In addition, the criteria for accounting for leasing contracts or other similar formula that should not be included in the previous paragraph will be specified.

c) Material assets: indicating the criteria for:

Amortization and provision of provisions.

Capitalization of interest and exchange differences.

Accounting for extension, modernization, and enhancements costs.

Determining the cost of the jobs performed by the entity for your immobilized.

The items of the fixed assets held in the asset for a fixed amount.

Value updates practiced under a Law.

(d) Marketable securities and other similar financial investments, distinguishing in the short and long term: Indicating the valuation criteria and in particular, specifying the criteria for valuation corrections.

e) Non-commercial credits, distinguishing short and long-term:

Indicating the valuation criteria and, in particular, specifying those followed in the valuation corrections and, where applicable, the accrual of interest.

(f) Stocks: Indicating the conditions and circumstances for which they were accounted for, as well as the valuation criteria and, in particular, specifying the criteria for valuation corrections.

In addition, the criteria for the valuation of the items on the asset for a fixed amount shall be specified.

g) Own shares held by the entity.

h) Grants, donations and legacies: Indicating their origin, nature and conditions and the criterion of imputation to results.

i) Provisions for staff obligations: Indicating the accounting criterion and making a general description of the method of estimation and calculation of each of the risks covered.

(j) Other provisions of Group 1: Indicating the accounting criterion and making a general description of the method of estimation and calculation of the risks or expenses included in those provisions.

k) Debts, distinguishing in the short and long term: Indicating the valuation criteria, as well as those for imputation to results of deferred interest or premium expenses.

l) Benefits tax: Indicating the criteria used for accounting.

m) Currency transactions other than the euro: Indicating the following:

Currency balances valuation criteria other than the euro.

A procedure used to calculate the euro exchange rate of assets that are currently or at their origin expressed in currency other than the euro.

Accounting criteria for change differences.

n) Revenue and expenses.

o) Actuations of the entity with an impact on the environment, indicating:

Assessment criteria, as well as imputation to the results of the amounts intended for the preceding purposes. In particular, the criterion used to consider these amounts as expenditure for the year or as the higher value of the corresponding asset shall be indicated.

Description of the estimation method and calculation of provisions arising from environmental impact.

p) Criteria used in the quantification and imputation of income derived from the assignment of future rights and revenues.

q) Criteria for the allocation and allocation of assets, liabilities, expenses and income to the various activities carried out by the company in accordance with the rules for drawing up the annual accounts.

6. Own funds

When there are several classes of actions, the number and the nominal value of each of them will be indicated.

The amount of minimum capital established by the Joint Commission shall be indicated, as appropriate, in accordance with Article 3 of Royal Decree 1251/1999 of 16 July 1999 on Anonymous Sports Companies.

Information on significant shareholdings governed by Article 10 of Royal Decree 1251/1999 of 16 July 1999 on Sports Anonymous Companies.

8. Player acquisition rights

Analysis of the movement during the exercise of this balance sheet item and its corresponding accumulated redemptions and provisions, indicating the following:

Initial balance.

Input or endowments.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

Reports on:

The most significant features of player acquisition rights, and in particular their amount, years of the contract by distinguishing the already elapsed ones, etc.

The rights to acquire players under the financial lease or other similar formula, which must be included as intangible fixed assets, specifying in accordance with the terms of the contract: cost at source, distinguishing, where appropriate, the value of the option to purchase, the duration of the contract, years after, the fees paid in previous years and in the year, outstanding shares and, where applicable, the value of the option to purchase.

The rights to acquire players transferred to other entities and those obtained by transfer, indicating the amount, term, as well as the most significant characteristics.

The acquisition rights of players acquired from related entities.

9. Sports facilities carried out on land.

Analysis of the movement during the exercise of the balance sheet item that collects the rights to investments made in land or facilities transferred and their corresponding accumulated redemptions and provisions, indicating the following:

Initial balance.

Input or endowments.

Increases by transfers or transfers from another account.

Outputs, casualties, or reductions.

Decreases by transfers or move to another account.

Final Balance.

It shall be detailed with respect to any significant elements that may exist in this item, its characteristics, and additional information on its use, expiry date and amortisation period shall be provided.

The same information will also be provided on the expenses that would have been incurred on temporary land.

10. Equity loans and subordinated debts

Sports entities will include the following information:

10.1 Detail of participative loans obtained and due to maturity, breaking down at least the following information:

Widows with:

Amount	Contract Date	Type of retribution	Method of calculation of retribution	Due date, amortization, or cancellation	Basic Features
Entities group
Entities
Other
Totals

Where appropriate, they will be detailed with shareholders or partners, Directors and other Administrators.

10.2 Detail of subordinated debts obtained and outstanding, by breaking down at least the following information:

Widows with:

Totals

Amount	Contract Date	Type of retribution	Method of calculation of retribution	Due date, amortization, or cancellation	Basic Features
Entities group
Entities
Councillors and Administrators
Other

11. Image rights of players and technicians

Analysis of the movement of the game that collects the image rights of players and technicians, indicating:

Initial balance.

increments.

Applications.

Final Balance.

The above movements will be broken down by player and technician templates corresponding to the different sports sections, indicating in particular the average time of the contracts, and the more significant.

12. Entities in the group and associated

The name, address and legal form of the entities in which the entity is a collective partner or in which it holds, directly or indirectly, at least 3 per 100 of the capital for those entities that have securities admitted to trading on an official secondary market and 20 per 100 for the remainder, with an indication of the proportion of capital held, as well as the amount of capital and reserves and the result of the last financial year.

13. Expenditure and revenue

Breakdown of item 2.b of the profit and loss account (short model), "Social charges", distinguishing between contributions and endowments for pensions and other social charges.

Breakdown of item 4 of the profit and loss account (abbreviated model), "Variation of the activity provisions and losses of bad loans", distinguishing between failed and the change in the provision for insolvencies.

In the event that they exist, details will be reported on those contracts that provide third-party financing with commitments on some or all of the entity's future revenues. The policy of recognition of the income of the amounts received in advance shall be indicated in their case, indicating the rate of capitalization that such amounts represent.

Extraordinary results from player sales.

In particular, the distribution of the net amount of the turnover corresponding to each of the ordinary activities of the entity will be reported for each sports section, distinguishing at least the revenue per national and international official competitions, revenue from other competitions and friendly matches, revenue from subscribers and partners, revenue from retransmission rights and advertising and marketing revenue.

14. Other information

Information about:

Amount of salaries, allowances and remuneration of any kind accrued in the course of the exercise by the members of the administrative body whatever their cause. This information shall be given in a comprehensive manner by means of remuneration.

The amount of advances and credits granted to all members of the administrative body, indicating the interest rate, essential characteristics and amounts returned, as well as the obligations, shall be broken down. taken on behalf of them as a guarantee.

Amount of pension and life insurance obligations to the former and current members of the administrative body. This information shall be given in a comprehensive manner and with separation of the benefits in question.

Any other type of linkage between the entity and the members of its management body or major shareholders that has produced transactions or onerous commitments, to precarious or any other nature with the entity, including the guarantees that they would have provided, in compliance with the provisions of Article 20 of Royal Decree 1251/1999 of 16 July 1999 on Anonymous Sports Companies.

15. Separate information

The assets, liabilities, expenses and revenues for each of the activities that differ in the entity shall be reported.

The entities will open the necessary accounts, of four or more figures, in the different groups to facilitate this information. For this purpose, the details of the accompanying information shall be available for each of them.

Separation of Assets by Activities

Concepts

C) Expenses to distribute in multiple exercises.

Active Total

Exercise N										Exercise N-1
Activity 1		Sport Activity m		Activities Not sports		Financial activity		Total		Sports Activity 1		Sport Activity m		Non-Sports Activities		Financial Activity		Total
Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
	A) Shareholders (partners) by unrequired disbursements.
	B) Quiesced:
	- Intangible inmobilizations.
-Material assets.
	-Other quiesced.
D) Active circulating:
-Debtors.
	- Treasury.
-Other circulating asset.

* A column shall be opened for each activity of a significant character that the entity performs in the terms set out in the standard n. 14 of the annual accounts.

Separation of Passive by Activities

Concepts

Total Passive

Exercise N										Exercise N-1
Activity 1		Sport Activity m		Activities Not sports		Financial activity		Total		Sports Activity 1		Sport Activity m		Non-Sports Activities		Financial Activity		Total
Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
A) Own funds.
	) Income to be distributed in multiple exercises.
C) Provisions for risks and expenses.
D. Long-term creditors.
Short term creditors.

* A column shall be opened for each activity of a significant character that the entity performs in the terms set out in the standard n. 14 of the annual accounts.

accounts

652, 653, 654, 655, 856, 857,

858.659

6963, 6965, 6966, 697, 698, 699, (7963), (7965), (7966), (797), (798) (799)

Concepts	By activities
	Exercise N
	Activity 1		Sport Activity m		Non-sports activities		Financial Activity		Total
		Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
70.71	Amount net of business figure
	-Net amount of business figure imputed between activities
73.74	+ Other Operating-Related Revenue
	-Other Revenue imputed between activities
	= ACTIVITY REVENUE
60.61	+ Consumption
	-Purchases imputed between activities
	= VALUE ADDED
62, 631, 634, (636) (839), 651,	-Other expenses
75, 790	+ Other Revenue
64	-Personal Expenses
	= NET OPERATING RESULT
68	-Dotations for Quiescing down
690	-Reversal Backend
, 693, (793) 694, (794), 695, (795)	- Credit insolvencies and variation of activity provisions
	= NET OPERATING RESULT
		+ Financial Revenue
	66	-Financial Expenses
-Dotations for write-downs and financial provisions = RESULT OF ORDINARY ACTIVITIES
77	+ Exceptional Inmobilized and Revenue Benefits
	- Losses from the exceptional assets and assets
691, 692 6960, 6961, (791) (792), (7960) (7961)	-Variation of the Intangible, Material and Control Portfolio provisions
830, 633, (838)	+ Corporate Tax
	= RESULT AFTER TAX (PROFIT OR LOSS)

* A column shall be opened for each activity of a significant character that the entity performs in the terms set out in the standard n. 14 of the annual accounts.

* A table shall be made for the financial year to which the annual accounts and other accounts of the previous year relate.

16. Environmental information

Information about:

Description and characteristics of the most significant systems, equipment and installations incorporated into the immobilised material, the purpose of which is to minimise the environmental impact and the protection and improvement of the environment indicating its nature, destination, as well as the book value and the corresponding accumulated depreciation of the same as long as it can be determined on an individual basis.

Expenses incurred in the exercise of the protection and improvement of the environment, distinguishing the expenses of ordinary character and those of extraordinary nature, indicating in all cases their destination.

Risks and expenses covered by the provisions corresponding to environmental actions, with particular indication of the derivatives of ongoing litigation, indemnities and others; it will be noted for each provision:

Initial balance.

Envelopes.

Applications.

Final Balance.

Contingencies related to the protection and improvement of the environment, including the risks transferred to other entities, system of assessment of the estimation and factors on which it depends, with indication of possible effects on the assets and results; where appropriate, the reasons for this assessment and the maximum and minimum risks shall be indicated.

PART QUINTA

Valuation Rules

Note: Only those valuation rules that have been the subject of some modification are included, as well as those whose contents coincide with those of the General Accounting Plan, although they vary their numbering.

3. Special rules on tangible fixed assets

In particular, the rules that are expressed with respect to the goods that are indicated in each case shall apply:

(a) Unbuilt Solares: The purchase price shall include the costs of packaging such as closures, movement of land, sanitation and drainage, as well as the demolition of buildings where necessary in order to carry out works of a new plant; and also the costs of inspection and lifting of plans when they are carried out prior to their acquisition.

(b) Constructions: They shall form part of their purchase price or cost of production, in addition to all those facilities and elements that have a permanent nature, the fees inherent in construction and the fees Project and direction of work. The value of the land and buildings and other buildings shall be shown separately.

(c) Technical facilities: Your valuation shall comprise all acquisition costs, and construction until it is put into operation.

(d) Stadieu and pavilions: They will be part of their purchase price or production cost, in addition to all those facilities and elements that have a permanent character, the fees inherent in the construction and the fees Project and direction of work. The value of the land shall be included in this price.

(e) The expenditure incurred during the financial year in respect of the works and works which the institution carries out for itself shall be charged to the accounts corresponding to Group 6. The accounts of sub-group 22 and for the purpose of the financial year 230/237 shall be charged for the amount of such expenditure, with credit to sub-group 73 accounts.

(f) The costs of renewal, extension or improvement of tangible fixed assets shall be incorporated into the asset as a higher value of the asset as they result in an increase in their capacity, productivity or elongation of their assets. useful life and whenever it is possible to know or reasonably estimate the net book value of the items which, because they have been replaced, must be discharged from the inventory.

g) Sporting trophies: They may be valued by the entity and appear as tangible fixed assets when they meet the following conditions:

That the venal value of its components is significant and that it is the result of an expert assessment.

That such value is not subject to revaluations or is subject to systematic depreciation (amortization).

h) In the acquisition of an immobilized through permuse, the following shall apply:

The fixed assets received shall be valued in accordance with the net book value of the asset transferred in return, with the limit of the market value of the fixed assets received, if this is less.

For the case where there are provisions affecting the transferred asset, its purchase price or, where applicable, the difference between its purchase price and its accumulated depreciation, it shall be the limit on which the fixed assets received in return, provided that the market value of the latter is greater than the net book value of the loan in return.

The costs incurred by the fixed assets received until they are put into operation shall increase their value, provided that they do not exceed the market value of the asset.

The transferred asset will be reduced by its net book value.

(i) In the event that the swap is carried out in part by a monetary amount, the entity that delivers an asset in exchange for a fixed amount plus a monetary amount shall differentiate the part of the transaction that represents a currency. sale (monetary consideration) of the part that materializes in a swap (fixed assets received), taking into account in this respect the proportion that each of these remuneration assumes on the total of the operation (market value of the asset and treasury).

For the part of the operation that consists of a swap, the criterion referred to in point (h) above must be applied, while the other part of the operation shall be treated as a disposal of fixed assets.

The entity receiving the fixed assets in exchange for another monetary amount shall, in general, collect the sum of the net book value of the transferred asset plus the monetary amount paid, with the maximum limit of the value of market for the good received.

5. Special Rules on Intangible Assets

In particular, the rules that are expressed with respect to the goods and rights that are indicated in each case shall apply:

(a) Industrial property: All expenses incurred in obtaining the industrial property, including the cost of registration and formalization of the same, shall be accounted for in this concept.

(b) Trade Fund: Only the assets of the balance sheet may appear on the balance sheet when it has been acquired for consideration.

Its depreciation, which must be carried out in a systematic manner, cannot be increased or exceed the period during which that fund contributes to the collection of income for the company, with the maximum limit of 20 years.

When the amortisation exceeds five years, the appropriate justification shall be collected in the memory, indicating the amounts of revenue that is expected to be generated during its amortisation period.

(c) Transfer rights: They may be included in the asset only if their value is disclosed under an onerous acquisition.

Transfer rights must be amortised in a systematic manner, not exceeding the period during which the transfer fee contributes to the collection of revenue.

(d) Computer programs shall be included in the asset only in cases where the use of the computer programs is planned for several years.

In no case can the maintenance costs of the IT application be included in the asset.

The amortisation of these assets will be carried out in a systematic manner as soon as possible, not exceeding the five years in any case.

e) Players ' acquisition rights: The amount due to the acquisition of a given player (national or foreign) from another entity is understood by player acquisition rights.

The acquisition amount will include the amount to be paid to the entity from which the player comes from, known as "transfer", as well as all expenses necessary for the player's acquisition. This amount is independent of the contract that can be signed between the entity and the player for the provision of its services.

The amortization of these rights will be done based on the length of time established in each contract.

In the case of renewal of player acquisition rights contracts, the amounts paid that correspond to the player's remuneration will be counted according to their nature, so that they affect several exercises, will be treated as an expense to be distributed in various exercises. For their part, the amounts derived from the renewal which are similar in nature to the "transfer" necessary for the acquisition of the rights of the player, plus the costs incurred by this concept, will be incorporated as greater value of the the right provided that it does not exceed the market value of the latter, depreciating within the new time limit set out in the contract.

(f) Where, by reason of the economic conditions of the lease, there is no reasonable doubt that the purchase option is to be exercised, the lessee shall record the transaction in the terms set out in the paragraph next.

The rights deriving from the leasing contracts referred to in the preceding paragraph shall be accounted for as intangible assets for the spot value of the asset, with the total debt to be reflected in the liability. the quotas plus the purchase option amount.

The difference between the two amounts, consisting of the financial expenses of the transaction, will be counted as expenses to be distributed in various financial years. The rights recorded as intangible assets shall be amortised, where appropriate, in the light of the useful life of the object of the contract.

When the purchase option is exercised, the value of the recorded rights and their corresponding accumulated amortization will be debited, becoming part of the value of the asset purchased.

The expenses to be distributed in various exercises will be charged to results according to a financial criterion.

(g) Where, by reason of the economic conditions of a disposal, connected to the subsequent leasing of the goods in question, it is apparent that this is a method of financing, the lessee must register the operation in the terms set out in the following paragraph.

The net book value of the object of the transaction shall be reduced, simultaneously being recognised and the intangible value for the same amount. At the same time, the total debt for the shares plus the amount of the purchase option shall be recognised in the liability; the difference between the debt and the financing received in the transaction shall be counted as expenses to be distributed in several exercises.

(h) The tenancies of a fixed asset which, in accordance with the true economic nature underlying it, may be assimilated to that set out in (f) and (g) above, even if there is no option to purchase, value in accordance with the provisions of the financial lease; in particular, this situation occurs in the following cases:

Lease contracts in which the rental period coincides with the useful life of the good or when there is less that there is clear evidence that finally both periods are going to coincide, not being meaningful residual at the end of the period of use, and provided that the economic rationality of the maintenance of the tenancy is detached from the agreed conditions (in particular, this rationality can be preached in those cases in which the the current value of the amounts payable at the beginning of the lease is the practice the value of the leased asset).

When the special characteristics of the goods object of the lease make their utility restricted to the tenant.

As to the landlord, you must register, if applicable, the corresponding credit, as a result of the disposal of the object of the contract.

i) Rights of participation in competitions: Rights of participation in competitions are considered the amounts satisfied to other entities for the acquisition of the rights of participation in the official competition of the Professional League. They may be included in the asset only if the value of the asset is evidenced by an onerous acquisition and never when it has a periodic fee.

Given the characteristics of the rights of participation in competitions it is advisable to write them down in a systematic way in the shortest possible time, not exceeding in any case the five years.

The extraordinary depreciation should also be accounted for in the event of the fall in the category of the sports team, or the loss of the right to participate in the official competition for any reason, amount to be repayable.

j) Rights on the organisation of sporting events:

shall be directly in the asset where the value of the asset is disclosed under an onerous acquisition; however, at the end of the financial year, the expenditure incurred may also be activated as imtangible assets. obtaining rights on the organisation of sporting events, where there are reasonable grounds for their achievement. These rights shall be amortised in a manner analogous to the goodwill.

k) Rights on investments made in land or facilities transferred: investments made by the entity on leased land or facilities, obtained by concessions, will be accounted for in this concept. administrative or any other type of contractual assignment, where such investments are not separable from such land or facilities, provided that they increase their capacity, productivity or long-life extension. The depreciation of these assets shall be made on the basis of their useful life or the duration of the transfer contract if this is less.

6. th Establishment Expenses

Establishment expenses shall be valued for the purchase price or production cost of the goods and services that constitute them. In particular the following rules shall apply:

(a) The following shall be taken into account for the costs of incorporation and capital increase: fees of lawyers, notaries and registrars; printing of memoirs, bulletins and titles; taxes; advertising; commissions and other expenditure on the placement of securities, etc., arising from the establishment or extension of capital.

(b) The following shall be considered as first-establishment expenses: fees, travel expenses, and other expenses for prior technical and economic studies; launch advertising; recruitment, training, and distribution of staff, etc., occasioned by the establishment.

(c) They shall have the consideration of the costs of installation and conditioning of land disposed of in a precarious manner, the investments made by the entity on such grounds as long as they are not separable from them and are as the start of the activity or an extension of its operational capacity and before its activity starts or resumes. In the event that the land was reinvested before the time limit for the amortisation fixed for the investments made, the capitalised costs must be incurred directly for losses in the year in which the land is produced. reversal.

Establishment costs must be amortised systematically within a period of not more than five years.

7. th Expenses to Distribute in Multiple Exercises

The following rules apply:

1. Expenditure on formalisation of debts. The costs of formalisation of debts shall be valued for their purchase price or their cost of production.

In principle, these expenses should be affected to the financial year corresponding, exceptionally, these expenses may be distributed in several financial years, in which case they will be imputed to results during the maturity of the corresponding debts and in accordance with a financial plan; in any event they shall be totally imputed when the debts to which they correspond are amortised.

2. Deferred interest expense. Deferred interest charges shall be valued for the difference between the redemption value and the issuance value of the debts to which they correspond.

Such expenses will be charged to results during the maturity of the corresponding debts and in accordance with a financial plan.

3. Image rights of players. The costs arising from this type of contract shall be attributed to results in proportion to the duration of the contract, and shall be considered as salaries and salaries for the sports staff.

4. Franchise contracts. The costs arising from this type of contract in relation to the rights of participation in competitions shall be attributed to results in proportion to the duration of the contract. Extraordinary loss should be accounted for in case of category decline, if this occurs before the end of the contract.

12. Th Debtors and creditors of the activity

They will be on the balance sheet at face value. Interest on the nominal amount of the loans and debits for operations of a maturity of more than one year shall be recorded in the balance sheet as "Revenue to be distributed in various financial years" or " Expenses to be distributed in several exercises ", respectively, each year being allocated to results according to a financial criterion.

The valuation corrections to be made shall be made, with the corresponding provisions, where appropriate, provided for the risk that the potential insolvencies may present with respect to the recovery of the assets of which the treat.

13

1. Valuation. Goods in stock should be valued at the purchase price or at the cost of production.

2. Purchase price. The purchase price shall include the invoice entry plus any additional costs incurred until the goods are in storage, such as transport, customs, insurance, etc. The amount of indirect taxes levied on the acquisition of stocks shall be included in the purchase price only if that amount is not directly recoverable from the public finances.

3. Production cost. The cost of production shall be determined by adding to the purchase price of the raw materials and other consumables the costs directly attributable to the product. The part that reasonably corresponds to the costs indirectly attributable to the products in question must also be added to the extent that such costs correspond to the manufacturing period.

4. Value adjustments. Where the market value of a good or any other value corresponding to it is lower than its purchase price or production cost, it shall carry out valuation corrections, providing for that purpose the relevant provision, where the depreciation is reversible. If the depreciation is irreversible, this shall be taken into account when assessing stocks. For this purpose market value shall be understood as:

(a) For raw materials, their replacement price or net carrying value if they were less.

(b) For goods and finished goods, their value for completion, deducted from the corresponding marketing costs.

(c) For the products in progress, the value of completion of the corresponding finished products, deducted the total manufacturing costs to be included and the marketing costs.

However, the goods which have been the subject of a contract for sale on a firm whose fulfilment must subsequently take place shall not be the subject of the assessment referred to in the preceding paragraph, provided that the the sale price stipulated in that contract covers, at least, the purchase price or the cost of production of such goods, plus all the outstanding costs of making that are necessary for the performance of the contract.

In the case of goods whose purchase price or production cost is not individually identifiable, the average price or weighted average cost method shall be adopted in general.

The FIFO, LIFO, or other analog methods are acceptable and can be adopted, if the entity considers them more convenient for their management.

In exceptional cases, certain raw materials and consumables may be valued for a fixed amount and value, when they meet the following conditions:

a) that are constantly refreshed,

b) that its overall value and composition do not vary significantly and,

c) that such global value is of secondary importance to the entity.

The application of this system will be specified in memory, based on its application and the amount of fixed amount and value.

14. Currency Exchange Differences Other than the Euro

1. Tangible and intangible fixed assets. As a general rule, their conversion into euro shall be made by applying to the purchase price or production cost the exchange rate in force on the date on which the assets were incorporated into the assets.

Depreciation and depreciation provisions shall be calculated, as a general rule, on the amount resulting from the application of the preceding paragraph.

2. Stocks. Their conversion into euro shall be made by applying to the purchase price or production cost the exchange rate in force on the date of each acquisition, and this valuation shall be used as long as the method of identification is applied. specifies for the valuation of stocks, as if the weighted average price, FIFO, LIFO or similar methods apply.

Provision should be made when the valuation thus obtained exceeds the price that stocks have on the market at the date of the closing of the accounts. If that market price is fixed in currency other than the euro, the exchange rate in force at that date shall be applied for conversion into euro.

3. Variable income values. Their conversion into euro shall be made by applying to the acquisition price the exchange rate in force on the date on which those securities were incorporated into the assets. The valuation thus obtained may not exceed that which results from the application of the exchange rate in force at the closing date to the value of the securities on the market.

4. Treasury. The conversion into euro of the currency other than this and other liquid assets held by the company shall be made by applying the exchange rate in force at the date of incorporation into the assets. At the end of the financial year they shall appear in the balance sheet at the exchange rate in force at that time.

If, as a result of this assessment, a negative or positive change difference is found, it will be charged or paid, respectively to the result of the exercise.

5. Fixed income, credit and debt securities. The conversion into euro of the fixed income securities as well as of the credits and debits in currency other than the euro shall be made by applying the exchange rate in force at the date of the transaction. At the end of the financial year, the exchange rate shall be valued at that time. In cases of change coverage (change insurance or similar coverage), only the portion of the risk not covered shall be considered.

The positive or negative exchange differences of each value, debit or credit shall be classified according to the maturity and the currency. For these purposes, those currencies which are still different from official convertibility to the euro will be grouped together.

(a) Unrealized positive differences occurring in each group, as a general rule, will not be integrated into the results and will be collected in the balance sheet liability as "Income to be distributed in various exercises".

b) On the contrary, the negative differences that occur in each group, as a general rule, will be imputed to results.

However, unrealised positive differences may be achieved where for each homogeneous group results have been attributed to previous years or to the exercise itself, negative differences of change, and for the amount that would result from undermining those negative differences due to the positive differences recognised in the results of previous years.

Positive differences deferred in previous years will be attributed to results in the exercise that sell or cancel in advance the corresponding fixed income, credit and debt securities or to the extent that They recognize differences in negative change equally or higher in each homogeneous group.

6. Special rules. By application of the principle of the purchase price, exchange differences in currency other than the euro should not be considered as recs of the purchase price or the cost of production of the fixed assets. However, where differences in exchange occur in debt in currency other than the euro in a period of more than one year and intended for the specific financing of the fixed assets, it may be possible to incorporate the potential loss or gain as the largest or lower cost of the corresponding assets, provided that each and every one of the following conditions is met:

That the difference-generating debt has been used unequivocally to acquire a concrete and perfectly identifiable fixed asset;

That the period of installation of said immobilized is greater than twelve months;

That the change in the exchange rate occurs before the immobilized is in operating conditions;

That the amount resulting from the addition to the cost does not in any case exceed the market value or reorder of the fixed assets.

The capitalized amounts in accordance with this option will be considered to be one more element of the cost of the tangible fixed assets and will therefore be subject to amortization and provision, if any.

16. Company Tax

For the accounting of the Company Tax, the differences that may exist between the accounting result and the tax result, understood as the tax base of the tax, will be considered, provided they are due to the following causes:

Differences in the definition of expenditure and revenue between the economic and tax fields.

Differences between the temporary revenue and expenditure imputation criteria used in those areas.

The admission in the tax scope of the compensation of negative taxable bases from previous years.

For these purposes, the following differences can be distinguished:

"Permanent Differences": Those produced between the tax base and the accounting result before exercise taxes that do not revert in subsequent periods, excluding offset losses.

"Temporary Differences": The existing between the tax base and the accounting result before tax of the year whose origin is in the different temporary imputation criteria used to determine both magnitudes and therefore revert to subsequent periods.

The "offset losses", for the purposes of determining the tax base.

The expense to be recorded by the corporation tax will be calculated on the economic outcome before tax, as modified by the "permanent differences".

The "time differences" and the offset losses shall not change the economic result for the purposes of calculating the amount of corporate tax expense for the financial year.

The existence of fiscally compensable losses will give rise to a tax credit that represents a lower tax payable in the future.

For the accounting of corporation tax, it will also be necessary to consider, that the bonuses and deductions in the tax quota, excluding withholding and payments on account, will be considered as a minorization in the amount of tax on accrued companies.

According to the above criteria, the amount to be accounted for by the accrual tax in the year shall be calculated by performing the following transactions:

The "adjusted accounting result" will be obtained, which is the pre-tax economic result of the exercise plus or minus the "permanent differences" that correspond to it.

The amount of gross tax will be calculated by applying the tax rate for the financial year on the "adjusted accounting result".

Finally, the amount of the "gross tax", whether positive or negative, will be subtracted or added, respectively, from the allowances and deductions in the quota, excluding deductions and payments on account, to obtain the tax on accrued companies.

The tax credit as a result of the tax loss compensation shall be calculated by applying the tax rate of the financial year to the negative tax base of the financial year.

The differences between the Company's tax payable and the expense of such a tax, as well as the tax credit for the tax compensation of losses, to the extent that they have a certain interest with respect to the burden Future tax, will be recorded in the accounts 4740-Advance benefits tax, 4745-Credit for losses to compensate for the financial year ..... and 479-Tax on deferred benefits.

When the modification of the tax legislation or the evolution of the economic situation of the entity gives rise to a variation in the amount of the pretax, tax credits and deferred taxes, will proceed to adjust the balance of the aforementioned accounts, with the result that the income or expenditure, as appropriate, is derived from such adjustment.

In accordance with the principle of prudence, only pre-tax and tax credits, whose future performance is reasonably assured, will be counted in the 4740 and 4745 accounts, and those other taxes will be lowered. those that arise logical doubts about your future recovery.

notwithstanding the foregoing, the tax portion corresponding to the permanent differences may be considered as income or expense; likewise, deductions and allowances in the quota may be considered as income, excluding holds and payments on account. Such revenue and expenditure may be subject to a reasonable basis on a basis.

17. th Shopping and other expenses

In the accounting of purchases of goods and other goods to resell them, as well as in the one of the expenses for services, the following rules will be taken into account:

(a) Expenditure on purchases, including transport and taxes on acquisitions, excluding the deductible input VAT, shall be charged to the respective account of the sub-group 60.

b) Discounts and similar items included in invoices that do not obey soon to be paid will be considered as the least amount of the purchase.

(c) Discounts and similar discounts granted to the entity for early payment, including or not on the invoice, shall be considered as financial income, accounting for 765.

d) Discounts and similar ones that are based on having reached a certain order volume will be counted in the account 609.

e) Discounts and similar after receipt of the invoice originating from quality defects, non-compliance with delivery times or other similar causes shall be accounted for in account 608.

In the accounting of losses by disposal or loss in the inventory of fixed assets or temporary financial investments, the expenses inherent in the operation shall be included as the largest amount of the loss, in its case, in the amount of the compensation of the insurance institutions, in the terms set out in the relevant Valuation Standard.

18. th Sales and Revenue

In accounting for revenue, the following rules will be taken into account:

(a) Revenue shall be accounted for without including the taxes on these transactions. Where appropriate, the costs inherent in the costs, including the transport by the institution, shall be taken into account in group 6 accounts, without prejudice to the following points.

b) Discounts and similar bills included in invoices that do not obey soon to be paid will be considered as lower income.

(c) Discounts and similar discounts that are granted by the entity for early payment, whether or not included in the invoice, shall be considered as financial expenses.

d) Discounts and similar ones based on having reached a certain volume of orders and those other that are subsequently granted to the issue of the invoice originated by quality defects, non-compliance with the deadlines of delivery or other similar causes, shall be counted in separate accounts to be created for that purpose.

In particular, the accounting of other services revenue will be made taking into account the following rules:

(a) In general, revenues from sporting events should be recognised when such acts occur.

(b) Income from fertilizers and carnets shall be recognised as income in the period to which they correspond. For these purposes, the corresponding periods shall be carried out.

In the accounting of profits from the disposal of fixed assets or temporary financial investments, the costs inherent in the operation shall be included as a lower amount.

20. th Capital Grants and Other

The assets received in the grants, donations and legacies shall be valued for their venal value, with the market value limit, when they are non-reintegrable.

For these purposes, grants, donations and legacies in which the conditions laid down for granting or, where appropriate, no reasonable doubt about their future have already been met are considered to be non-reintegrable. compliance.

Grants, donations and legacies will be counted as "income to be distributed in various exercises" and will be attributed to results as extraordinary revenues depending on their purpose; to do this they will be taken into account following rules:

(a) Assets of tangible or intangible fixed assets; the results of the financial year shall be attributed in proportion to the depreciation experienced during the period by the said items. In the case of non-depreciable assets, the result of the exercise in which the disposal or disposal of the assets is carried out shall be charged.

(b) Stocks that are not obtained as a result of commercial rappelling; the results of the exercise in which the disposal, depreciation or inventory of the same are produced shall be charged.

(c) Condonation, assumption or payment of debts; the results of the financial year in which this circumstance occurs shall be attributed.

(d) Interest in debt; the results of the financial year in which the interest on which a grant, donation or legacy is paid shall be charged.

(e) Financial assets and marketable securities; shall be charged to the result of the financial year in which the disposal, depreciation or inventory of such assets occurs.

f) Treasury; results will be charged as follows:

If they are awarded without assignment to a particular purpose they will be recognized as revenue from the exercise in which they are granted.

If granted with assignment to a particular purpose, results will be attributed to the results according to the above rules, depending on the purpose of the grant, donation or legacy.

If a subsidy is granted to finance expenditure related to action plans, its allocation to results shall be made at the time the corresponding expenditure is due. If these operations produce a higher value of the assets, the rules set out above shall apply for the allocation of the grant to the results.

Depreciations of all kinds that may affect the assets, will produce the imputation to the results of the corresponding grant in proportion to the same, considering in any case of irreversible nature in the part where these items have been financed without consideration.

If the grant, grant or legacy was granted in order to ensure minimum profitability or to compensate for "deficits" of exploitation, it would be treated as operating income at the time of its concession. However, in the case of compensation for deficits, if they are granted by members or entities of the group or associates, they will be treated as contributions from partners for loss compensation, without prejudice to the fact that the above grants are granted to promote specific activities or the establishment of political prices, in order to compensate for the lower income which is produced, and provided that certain programmes or similar schemes in which they are established are implemented specify the amounts and causes of the grant of the same, shall be treated as revenue (a) to be considered as ensuring a minimum return.

21. Revenue deferred by assignment of rights

In contracts for the transfer of a set of rights for a global price, the allocation of the revenue to each of them shall be made on the basis of the estimated value of each of the rights transferred. Where the contract for the transfer of rights is for a period longer than the financial year, each of the financial years shall be charged against the estimated value of that right for each of the future financial years. taking into account the financial effect; as a general rule, a degressive imputation shall not be admissible unless it is justified and explained in the memory. In any event, the criteria for imputation of these revenues must be included in the memory.

22. Revenue deferred by cession of future revenue

If an assignment of a financial nature on the ownership of future income occurs, to the extent that the transaction is identified with the unconditional sale of the assigned revenue so that the transferor does not assume (a) any liability other than the provision of future services shall be recorded in the asset for the amount received in the respective cash item with credit to a item "Future income transfer" within the group of " Income to distribute in various financial years "; the amount of that item shall be quantified by the value (a) the current income and the results, irrespective of the currency, in the financial year in which the services provided by the transferred income have been made, with the necessary adjustments; derived from the financial nature of the transaction.

Without prejudice to the foregoing, if in an operation initially qualified as unconditional sale, circumstances would subsequently arise which would result in the non-application of the operating company principle or any other that produces the obligation on the part of the entity to reintegrate the amount previously received, the timely reclassification of the income item to be distributed in several exercises in a consignment that highlight the new nature of the operation.

23. St Indemnities by Insurance Entities

An agreed amount (recognised or cleared by the insurance company) or estimated compensation to be received as a result of a situation or a disaster which was covered by an insurance contract; the the accounting record of the estimated amount shall be limited to the amount of the loss, if any, produced. In particular, the following rules will be observed:

In the event that the claim affects the concepts of expenses that are qualified as a result of the entity's exploitation in accordance with the rules of this adaptation, the compensation shall be treated as an income of the entity. nature.

If the covered loss is derived from the exchange rate risk in currency other than the euro, the amount of the allowance shall be considered a financial income.

In another case, the amount of the compensation will be recorded as an extraordinary income, and if the claim affects a property or right of the immobilized, it will result in the extraordinary loss produced. For these purposes, if a claim is qualified as an extraordinary expense in accordance with the provisions of these Rules of Adaptation, in particular in the account 678 included in its third party, the allowance shall also be qualified as an income extraordinary. In particular, the compensation which is intended to compensate for the economic damage resulting from the non-classification in a given competition or the loss of category among others shall be recorded as extraordinary income in the exercise to which the said compensation corresponds.

In either case, in each financial year until the final settlement of the compensation, an estimate must be made on the basis of the new circumstances. To the extent that there is a right to interest on late payment of the compensation, the amount of the compensation must be estimated and be reflected in each financial year in accordance with a financial criterion.

24. Entitled Accounts Receivable

If the full and unconditional transfer of the ownership of accounts receivable occurs, without the transferor being required to bear any responsibility for the risk of recovery, therefore, in the case of an unconditional sale of the right, address the following:

The amount of the accounts receivable shall be reduced, the counterpart being the amount corresponding to the treasury and, in general, the part associated with the financial and operational expenses, which shall be reflected in a item of financial expenses and expenses treated as the profit and loss account for the financial year in which the loan is transferred.

If a part of the nominal amount of the loans is the subject of deferral and the necessary guarantee of the possible risk of recovery, it is considered that what has been produced is a change in the nature of the account to be recovered from commercial nature, and should therefore be reflected as a right of credit (financial asset) with appropriate denomination.

Where appropriate, in accordance with the principle of prudence, provision should be made for the timely provision for insolvencies with respect to these claims.

25 th Sanitation Plan

In the framework of the Agreement on the Sanitation of Professional Football, the extraordinary annual quotas that the Sports Anonymous Societies must pay each exercise to the National League of Professional Football, during a period As long as there is no decline in these companies to the Second Division or to a lower category, they must be reflected in a specific item within the extraordinary profit and loss account results.

In addition, the process of cleaning up the Club made under the provisions of Law 10/1990 must be described in the memory, and the amount of the annual contributions that it has to perform must be mentioned.

26. th Changes in Accounting Criteria and Estimates

For the application of the principle of uniformity, the criteria for accounting for one year to another shall not be altered, except in exceptional cases which shall be indicated and justified in memory and always within the criteria authorized by this text. In these cases, the change shall be deemed to occur at the beginning of the financial year and shall include as extraordinary results in the profit and loss account the cumulative effect of the changes in assets and liabilities, calculated on that date, that are a consequence of the change of criteria.

Changes in those items that require for their assessment to make estimates and which are a consequence of obtaining additional information, greater experience or knowledge of new facts, should not be considered for the purposes referred to in the preceding paragraph as changes in accounting criteria.

27. Generally accepted accounting principles and rules

Generally accepted accounting principles and rules will be considered in:

(a) The Trade Code and the remaining commercial law;

b) the General Accounting Plan and its sectoral adaptations;

(c) the rules of development which, in accounting matters, establish in its case the Accounting and Audit Institute of Accounts, and

d) other legislation that is specifically applicable.