Ferrovial - Annual Report 2008

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Toll roads and car parks

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Spain

 

Alcalá-O'Donnell (M203)

  • Located in an area with a high population density, particularly around Alcalá de Henares.
  • The tollway will significantly improve access from the Henares corridor to the centre and south of Madrid, creating a new alternative to the A-2.
  • Toll rates are inflation indexed.
  • At December 2008 construction was 80.7% complete.
 

Alcalá-O’Donnell (M203) Indicators

12.3
km
69.5
million euro investment
100%
stake
2035
concession ends
 

Autema

  • In 1999, the concession company reached an agreement with the regional government through which, in exchange for a substantial price reduction, the government each year would pay the difference between the actual revenues and those forecast in the Finance Plan in force at the time, plus an adjustment for higher operating expenses due to the increase in traffic caused by the price reduction.
  • Toll rates are inflation indexed
 

Autema Indicators

48.3
km
228.7
million euro investment
76.3%
stake
2036
concession ends
 

Ausol I

  • Toll road located in one of the corridors with the highest population growth in Spain and a high dependence on the real estate and housing industries.
  • Prices vary depending on the time of year, with high season during the summer months and at Easter.
  • Alternative route to a highly congested semi-urban corridor.
  • Toll rates are inflation indexed with an adjustment in the case of traffic exceeding established thresholds.
 

Ausol I Indicators

82.7
km
499.2
million euro investment
80%
stake
2046
concession ends
 

Ausol II

  • Toll road located in one of the corridors with the highest population growth in Spain and a high dependence on the real estate and housing industries.
  • Prices vary depending on the time of year, with high season being during the summer months and at Easter.
  • Alternative route to a highly congested semi-urban corridor.
  • Toll rates are inflation indexed with an adjustment in the case of traffic exceeding established thresholds.
 

Ausol II Indicators

22.5
km
205.8
million euro investment
80%
stake
2054
concession ends
 

Madrid Sur (R4)

  • Alternative for accessing Madrid in a highly congested corridor.
  • Located in a major urban development area.
  • Connects with the Madrid-Levante toll road, completing a 190 km toll connection between Madrid and the East coast of Spain.
  • Toll rates are inflation indexed with an adjustment in the case of traffic exceeding established thresholds.
 

Madrid Sur (R4) Indicators

97.2
km
1.05
billion euro investment
55%
stake
2065
concession ends
 

Madrid-Levante

  • Route between Madrid and the east coast that offers an alternative to the N3 highway in a corridor with high traffic levels and congestion problems. The toll road connects directly with the R-4, which is also operated by Cintra, as it enters Madrid.
  • The concession period may be extended for a further four years if certain service quality conditions are met.
  • Toll rates are inflation indexed with an adjustment in the case of traffic exceeding established thresholds.
 

Madrid-Levante Indicators

182.8
km
522.9
million euro investment
52,19%
stake
2040
concession ends
 

Trados 45 (M45)

  • The traffic risk is limited due to the system of distinct traffic bands used in shadow tolls. At present, the toll road has traffic levels that are nearing the threshold at which the concession company obtains maximum revenues every year.
  • Toll rates and the maximum payment are indexed to inflation.
 

Trados 45 (M45) Indicators

14.5
km
200.6
million euro investment
50%
stake
2029
concession ends
© Copyright 2009. Grupo Ferrovial In agreement with:

This is an electronic version of the 2008 Annual Report prepared by Grupo Ferrovial S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page