Trabajo Gestão
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Contents
Presentation
Financial highlights of the consolidated Group 9
Board of Directors 11
Chairman´s Report 13Part I
Operating report of El Corte Inglés
and its business group
17
Economic and financial information 19
Economic environment 20
Consolidated financial statements 22Analysis of results 25
Consolidated revenue 25
Consolidated profit 27
Investments 28
Review by line of business 32
El Corte Inglés department stores 32
Hipercor hypermarkets38
Supercor supermarkets 42
Opencor convenience stores 44
Sfera 46
Óptica 2000 48
Bricor DIY stores 50
Viajes El Corte Inglés Group 52Information Technology and Communications 56
Insurance Group 60
Financiera El Corte Inglés 62
Corporate Social Responsibility 65
Customers 68
Human capital 76
Suppliers 86
Environment 90Integration in society 96
Ramón Areces Foundation 102
Contribution to the national income 104
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Part II
Legal documentation
107El Corte Inglés consolidated Group 109
Independent auditors’ report 110
2009 consolidated financial statements 112
Consolidated balance sheet 112Consolidated income statements 114
Consolidated statements of changes in equity 115
Consolidated statements of cash flows 118
Notes to the consolidated financial statements
for the year ended 28 February 2010 120
2009 consolidated Directors’ report 158
El Corte Inglés, S.A. 161
Independent auditors’ report 162
2009 financial statements 164
Balance sheets of El Corte Inglés, S.A 164
Income statements of El Corte Inglés, S.A 166
Statements of changes in equity 168
Statements of cash flows 170
Notes to the financial statements for the year...
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