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Annual
Report
2 0 1 3
Index
GOBIERNO
DE ESPAÑA
4
MINISTERIO
DE AGRICULTURA, ALIMENTACIÓN
Y MEDIO AMBIENTE
0.0 Título del capítulo
acuaMed
Aguas de las Cuencas Mediterráneas
Informe anual 2013
Título del capitulo
5
Index
01
Corporate
Information
2 0 1 3
1.1 What is Acuamed?
“
The State-Owned Company Aguas de las Cuencas
Mediterráneas, S.A., Acuamed, is a publicly owned
company , wholly owned by the S panish S tate that
depends on the M inistry of A griculture , F ood and
the E nvironment . I ts purpose is to promote hydraulic
infrastructures aimed at solving the challenges raised
in the complex framework of water management in
the S panish M editerranean basins .
“
T
he primary mission of the State-Owned Company
Aguas de las Cuencas Mediterráneas, Acuamed, is
to ensure users have access to fresh water in the long
term under suitable conditions of efficiency, quality and
quantity. With this, Acuamed contributes responsibly,
from an economic, social and environmental perspective,
to the financial boost of the Spanish Mediterranean
area. It is a mission that requires business objectives and
design that are up to this challenge.
For this, Acuamed has established itself as an
integral operator of water infrastructures, capable
of covering all aspects of water management, from
planning and design of projects and solutions to the
construction and exploitation of water management
and production facilities.
But furthermore, Acuamed is an instrument of
public investment, which determines its corporate
performance and, above all, its commitment to society
and the environment. Thus, the business model of this
State-Owned Company is not only aimed at creating
financial value, both its own as well as through its
work in its local operating area, but also to create
social and environmental added value, thus favoring
the integral development of the regions in which
it operates. This contributes decisively to reducing
regional inequalities in Spain which are often the
result of the lack of an economic growth and welfare
factor in something as essential as water.
The creation of these values defines the company's
business model: the search for quality, the efficient and
01. Corporate Information
responsible use of resources, not only financial but
also human and natural, the minimization of potential
impacts and thedialogue and cooperation with the
social, environmental and economic environment
of the areas in which Acuamed works are essential
objectives for this company's management.
In order to achieve these objectives, the company
has adopted a comprehensive approach to its business
strategy, in which technologies, solutions and processes
are integrated:
• Integration of hydraulic technologies: Acuamed
operates in all stages of the water cycle, from
increasing availability (desalination and reuse);
improving the management and efficiency of the
use of resources (large distribution and transfer
pipelines) as well as improving the environment
(improved the water quality, protection against
floods and environmental restoration).
• Integration of solutions: Acuamed is present in all
the development stages of water infrastructures,
from their design to their exploitation.
• Integration of processes: Acuamed dialogues with
all agents involved in the development of hydraulic
infrastructures, in order to find the maximum possible
consensus and transparency in its management.
Acuamed right now is in a transition stage from
the position of a company whose business was the
construction of hydraulic infrastructures to a company
that exploits such infrastructures.
11
Acuamed
operates within
the entire
water cycle
Environmental
Improvement
> Environmental Improvements
>Decontamination
> Flood Protection
Return to the
environment
> Purification
Integration of
Solutions and
Processes
Acuamed covers all
development phases
of hydraulic works
Resource
Availability
Design
> System Design
> Signing of agreements
with users
>Collections
> Desalination Plants
> Drinking Water Treatment Plants
> Reuse of Treated Wastewater
Resource
Use
> Distribution
> Modernization of irrigation works
Construction
> Contracting and
work supervision
Operation
> Signing of agreements
with users
> Hiring of operators
12
Acuamed's natural scope of action is focused on the
Spanish Mediterranean basins, which cover a territory
that extends from Girona, in the north, to Málaga, in the
south, encompassing part of the inland basins of Catalonia
and the Ebro river and drainage basins of the rivers Júcar
and Segura and part of Mediterranean Andalusian basin.
These areas are primarily dominated by highly variable
weather, with historical water scarcity, but also with
episodes of heavy rainfall causing flooding, with important
consequences to the security of the population. This
situation, far from being mitigated, may tend to worsen,
according to the latest data available on climate change
and official weather estimates.
Table 01: Integration as a business strategy
Acuamed, with a total investment of 3,600 million
euros, focuses its activity on two main lines: first, the
generation of new resources through purification,
wastewater reuse and desalination. On the other,
in improving the management of these resources,
through the construction of large pipelines and
distribution networks, modernization of infrastructures,
environmental restoration, decontamination, such as the
decontamination of the Flix reservoir in Tarragona, and
flood protection measures.
With regards to its financial situation, the company
“
“
Technology
Integration
1.2 Scope and Geographical, Social
and Financial Environment of Acuamed
T
his, according to the climatological annual
summary prepared by the Meteorological Agency,
AEMET, for 2013, the whole of Spain recorded warmer
than normal temperatures, 0.34 ° C above the normal
mean value, especially in the second half the year. In
this way, most of the western peninsular area, which
is Acuamed's area of activity, recorded temperatures
described as "warm" or "very warm", with average
temperatures recorded above normal values (Table
02) and rainfall below normal in Valencia, Murcia,
southern Aragon and southern Andalucía (Table 03).
Acuamed has been reorganized for the high value of its
assets, the result of its investments and works, as well
as for its "know how" in water management issues.
Moreover, in the last two years, corresponding to
2012 and 2013, it has made profits, while since 2012 it
has secured funding for its projects thanks to the loan
granted by the European Industrial Development
Bank, EIB. This is met with a commitment to attain
the proper management of the publicly owned funds
that are provided to Acuamed.
Annual Report 2013
13
Table 02: Average Temperatures in 2013
TEMPERATURES - YEAR 2013
Table 03: Average Rainfall in 2013
Table 06: Precipitation recorded between April 2013 and April 2014
RAINFALL - YEAR 2013
euros for the Spanish economy. The main exporting
provinces of fruit and vegetables are Murcia, Almería
and Valencia, all in the geographical scope of supply of
Acuamed’s desalination plants.
The present and future development of these activities
STANDARDIZED PRECIPITATION INDEX
APRIL 2014
Extremely wet
Very wet
Table 07: Contribution to the GDP and the regional employment of some
sectors with intensive water use
Moderately wet
Normal
Moderately Dry
20%
Very dry
Extremely dry
SOURCE: State Meteorology Agency. Ministry of Agriculture, Food, and
the Environment
SOURCE: State Meteorology Agency. Ministry of Agriculture, Food,
and the Environment
EC Extremely Hot: Temperatures that exceed the maximum value recorded in the 1971-2000
reference period
MC Very hot: f < 20%. Temperatures recorded in the corresponding interval are higher than
the hottest years by 20%
C Hot: 20% ≤ f < 40%
N Normal: 40% ≤ 60%. Temperatures recorded are within average values
F Cold: 60% ≤ f < 80%
MF Very cold: f ≥ 80%
EF Extremely cold: Temperatures that do not reach the minimum value recorded in the 1971 –
2000 reference period
EH Extremely wet: Precipitation levels exceed the maximum value recorded in the 1971
-2000 reference period
MH Very wet: f < 20%. Precipitation levels in the corresponding interval are 20% higher
than the wettest years
H Wet: 20% ≤ f <40%
N Normal: 40% ≤ f < 60%. Precipitation levels are within the average values
S Dry: 60% ≤ f < 80
MS Very dry: f ≥ 80%
ES Extremely dry: Precipitation levels do not reach the minimum value recorded in the
1971-2000 reference period
However, it is significant that throughout 2013 the trend towards warmer temperatures and lower rainfall has
increased very significantly, a trend that has continued in the early stages of 2014. Thus, AEMET points out in its
autumn report for 2013, that September-November 2013 "has been a very warm period, with average temperatures
over the whole of Spain of 16.4 ° C, i.e. at a level 1.0 ° C above the normal average value (reference period 1971-2000).
This is the fourth autumn in descending order of average temperatures since the beginning of this century after those
corresponding to the years 2006, 2009 and 2011 "(Table 04).
Likewise, with regard to rainfall, AEMET confirms that "as a whole, this has been lower than the mean values for
the season, with an average rainfall of 150 mm in Spain, a value which is around 20% below the average value for
the quarter. So far this century, this is the second driest autumn, only wetter than 2007 and has almost equaled the
autumn of 2009" (Table 05).
Table 04: Average Temperatures - Fall 2013
TEMPERATURES - FALL 2013
Table 05: Average Rainfall - Fall 2013
RAINFALL - FALL 2013
SOURCE: State Meteorology Agency. Ministry of Agriculture, Food, and
the Environment
SOURCE: State Meteorology Agency. Ministry of Agriculture, Food,
and the Environment
EC Extremely Hot: Temperatures that exceed the maximum value recorded in the 1971-2000
reference period
MC Very hot: f < 20%. Temperatures recorded in the corresponding interval are higher than the
hottest years by 20%
C Hot: 20% ≤ f < 40%
N Normal: 40% ≤ 60%. Temperatures recorded are within average values
F Cold: 60% ≤ f < 80%
MF Very cold: f ≥ 80%
EF Extremely cold: Temperatures that do not reach the minimum value recorded in the 1971 –
2000 reference period
EH Extremely wet: Precipitation levels exceed the maximum value recorded in the 1971
-2000 reference period
MH Very wet: f < 20%. Precipitation levels in the corresponding interval are 20% higher than
the wettest years
H Wet: 20% ≤ f <40%
N Normal: 40% ≤ f < 60%. Precipitation levels are within the average values
S Dry: 60% ≤ f < 80
MS Very dry: f ≥ 80%
ES Extremely dry: Precipitation levels do not reach the minimum value recorded in the
1971-2000 reference period
14
Annual Report 2013
15%
Employment
10%
GDP
Specifically, in areas such as the Valencian
Community or Murcia the situation is particularly
worrying.
According to the Meteorological State Agency's
delegation in this Community, in the past six months
recorded rainfall has been 65% below normal values.
So far this hydrological year, less than one hundred
liters have been collected per square meter in 45% of
the Valencian Community territory, while in other
areas, the rains have accumulated less than fifty liters.
The region of Murcia, on the other hand, recorded
between October 2013 to April 2014 the driest period
since the historical series of 1941.
The risks associated with these growing climatic
imbalances have been further increased by the human
activity historically undertaken in these areas, and has
had a significant impact on the natural environment.
Thus, agricultural and mining activity in
Mediterranean coastal mountains brought with it
the gradual disappearance of large tracts of forest
and Mediterranean scrub-land, while the subsequent
abandonment of these activities has led to erosion
and desertification processes. The development of
tourism activities to the detriment of agricultural
ones has boosted the growth of urban settlements
on the coastal strip, which have radically changed
the landscape and ecosystems, with effects on the
capacity of rain water infiltration or water drainage,
exacerbating flood risks.
These factors of low rainfall and large one-off
rainfalls, coupled with the impacts of human activity,
have affected not only the natural environment
with floods, soil erosion, loss of fertile land, aquifer
depletion, but also the socio-economic activity of these
regions. Not surprisingly, its economy and its future
development prospects lie in areas with activities
of high consumption water such as agriculture,
agribusiness and tourism.
These activities are an important part of the
Mediterranean region's wealth: for example, up to 18.3%
of the GDP and 13.6% of employment in the region of
Murcia. But they are also key to the country's overall
economy: the Spanish fruit and vegetable industry is
the seventh in order of importance in terms of Spanish
exports and has a positive trade balance, which in 2012
was, according to ICEX, a positive balance of 6.8 billion
5%
0%
Andalucía
Murcia
C. Valenciana
Cataluña
Source: Spanish Regional Accounting. National Statistics Institute. The data shown in the graphic
correspond to the sum of the GDP contributions and regional employment in the primary sector
(heading NACE 01-03); food, drink manufacturing, and tobacco industry (headings 10-12); and
the hospitality industry (headings 55 and 56).
depends on the access to this resource in sufficient
safety, quality and sustainability conditions.
The main water demand in the Spanish
Mediterranean basins is associated with irrigation and
agricultural uses. The guarantee of supply regardless of
rainfall encourages the growth of high-yield agriculture
which, in the absence of water restrictions, has
excellent temperature conditions for its development.
The fruit and vegetable industry is characterized by
highly demanding water irrigation requirements to
meet international distribution channels that require
long-term planning of harvests and high stability in
production. Additionally, operating models of our
facilities allow water production to be adapted to
each crop and modernization actions for irrigation
contribute to the optimization of the resource's use.
With regards to tourism, this sector is one of the
main areas of economic development in this area and
is, along with agriculture, in a full expansion phase.
In order for this development to continue over time,
it is necessary to modernize and complete not only
transport infrastructures and communications, but
also those of water, making it possible to have the
necessary resources to ensure supply for both local
people in the area as well as for future development
projects, thus increasing the availability of the
resource to meet other demands in recreational
facilities such as parks, water parks and golf courses,
which contribute to improving tourism.
15
1.3 Corporate Social Responsibility
Values
“
Acuamed, by being a public entity, is interested in the opinions,
claims and expectations of users and the target groups of the
infrastructures it promotes. It shares its experience with
different institutions and stakeholders to contribute to
the design and development of the water cycle management
policy in Spain. This is all integrated into a process oriented
at informing, communicating and sharing information with
users and stakeholders, in addition to looking after and
taking into account their needs and concerns.
The values that govern the common action framework
of Acuamed's workers determine how its business
objectives are met, seeking social profitability,
transparency and maximum corporate responsibility:
• Integral view of the business: Acuamed is involved in
all the stages of a project, from planning and design,
to its processing, implementation and start-up.
• Quality: Acuamed seeks maximum technical and
scientific quality in its actions.
• User orientation: Flexible projects, which cater to
the needs of users and respond to the conditions of
each territory.
• Efficiency and responsibility: Acuamed seeks
maximum efficiency, both in meeting the expectations
of its users and contributors as well as in designing
projects and solutions.
• Improving the environmental setting: Acuamed not
only works to minimize the environmental impact
of its works, but also to improve the environment
and water-related ecosystems.
• Dialogue: Acuamed maintains open lines of
communication with its users, institutions and
interest groups with regard to its actions.
• Collaboration: Acuamed actively collaborates with
private companies and public institutions to find
synergies in the development of projects.
“
Acuamed's Mission, Vision and Values
Mission
Vision
Acuamed's mission is to guarantee water availability
to users in the areas in which it operates, both for
supply and for irrigation and industrial use, under
appropriate conditions of efficiency, quality and
quantity, contributing responsibly, socially and
environmentally to the economic boost of the Spanish
Mediterranean area. This mission is translated into
the following business objectives:
• To meet the water needs of citizens and economic
agents.
• To contribute to the equality of regions, helping
areas with higher water deficit to have the water
they need to develop their agriculture and tourism,
basic pillars of their economy.
• To maximize the efficiency and quality in the
exploitation of its facilities.
• To prevent environmental impact of its actions.
• To improve the environment of the areas where it
operates.
• To prevent risks from arising from extreme weather
events.
• To generate added value in institutions and
companies it works with.
• To maintain a constant and fluid dialogue with its
groups of interest
Acuamed focuses its company strategy in adding
the experience and solvency of the public sector to
the efficiency and agility of private management.
All this, applying the knowledge and most advanced
technologies to meet the great challenges of water in
the Spanish Mediterranean basins.
To do this, Acuamed gives priority to the social
commitment that must be established among users of
the infrastructure that it promotes. The actions of this
State-Owned Company are the result of dialogue and
consensus with the stakeholders involved, embodied
in the agreements that are signed with users.
Another of the challenges facing Acuamed is focused
on constant research and, where appropriate, the use
of the opportunities that technological development
provides for the optimization of its facilities, both
in the phases of construction and exploitation,
therefore improving their efficiency. Examples of this
concern to apply the latest technological advances
are the decontamination project of the Flix Reservoir
(Tarragona), where hitherto unheard of processes
in this area have been used, and the R + D + i Plan
produced in 2013 for all the Company's facilities.
16
Annual Report 2013
17
1.4 Acuamed in Figures
In
Desalination
Acuamed's main program, both in terms of strategic
focus and investment, is the desalination program.
Access to quality water which is permanently available
is ensured through the desalination projects.
This program includes the construction and
exploitation of 12 desalination plants with a production
capacity of 409 hm3/year.
“
its area of activity, Acuamed operates a policy for
hydraulic issues designed and planned by the Ministry of
Agriculture, Food and the Environment. With a total
investment of 3,614 million euros, Acuamed promotes five
investment programs with two basic lines of action: on the
one hand, the generation of new resources and, on the
other, the improvement in their management and quality,
as well as the environmental and flood protection.
Table 09: Map of Acuamed Desalination Works
“
Table 08: Breakdown of Investments in Acuamed by item
Program
Desalination
Investment (millions of Euros and percentage of the total)
12
1,703
47%
8
173
5%
22
1,269
35%
3
51
1%
Quality improvement and
environmental protection and
restoration
13
418
12%
Total
58
3,614
100%
Reuse
Water management improvement –
Large distribution pipelines
Improvement of irrigation works
18
Number of initiatives
Annual Report 2013
Six of these twelve plants have capacity to supply
water for irrigation. This volume of resources means 165
hm3/year, 40% of the total capacity, which guarantees
irrigation to an area of 250,000 hectares.
The capacity available for supply -water consumptionis 244-hm3/year, 60% of the total capacity, which is
equivalent to guaranteeing the supply of a population
of 3,000,000 people.
Table 10: Desalination Program in Figures
Program
Desalination
Investment
(millions of Euros)
Investment made
(millions of Euros)
Investment pending
(millions of Euros)
Degree of advancement
1,703
1,439
251
85%
19
Throughout 2014, all desalination plants are expected
to be completed. At the end of 2013, a total of five plants
were in operation:
• El Atabal (Málaga)
• Marbella (Málaga)
• Carboneras (Almería)
• Águilas (Murcia, entering into service in 2013)
• Valdelentisco (Murcia)
Table 11: Desalination Plants in service
Desalination Plant
Production capacity
(hm3/year)
El Atabal (Málaga)
60
Marbella (Málaga)
20
Carboneras (Almería)
42
Valdelentisco (Murcia)
48
Águilas (Murcia)
60
Reuse
The initiatives for the reuse of water through waste
water purification processes mean that a large volume
of water that would otherwise be dumped can be put
into circulation.
This reduces the consumption of traditional sources,
whose ecosystems at present are somewhat fragile,
such as Mediterranean rivers and coastal aquifers.
By implementing tertiary treatments in Wastewater
Treatment Plants it is possible to obtain optimal water
quality for uses such as agriculture, irrigation of green
areas or the watering of golf courses, meeting the quality
parameters required by the applicable regulations.
Both El Atabal as well as Marbella and Carboneras
entered into service in 2005. Valdelentisco started the
operational phase in 2009 and Águilas did so in 2013.
The rest of the desalination plants developed by
Acuamed are in the testing stage or in advanced stages
of construction, so they will enter into service shortly.
Improved Water Resource Management,
Environmental Protection and Restoration
In relation to the improvement of water resources,
we should highlight the interconnection pipelines
between various sources and regulation deposits,
which allow optimum distribution of the resource
according to its local availability. In this area, two of
the most important transfers in Spain, which are the
Júcar-Vinalopó (Valencia-Alicante) and the NegratínAlmanzora (Almería), have already been completed.
Furthermore, prevention projects against floods are
being undertaken to ensure the safety of the populations
located in the flood plains of the Mediterranean rivers
from potential overflow episodes resulting from heavy
rains. These flood prevention projects are associated
with a number of re-vegetation activities that enhance
the value of the river ecosystem and promote their
landscape impact.
Table 12: Acuamed Desalination Plants – Summary
Production capacity
(hm3/year)
Planta desaladora
Province
Use
Status
Oropesa
Castellón
Supply
18
Works Underway
Moncófar
Castellón
Supply
10
In Testing Phase
Sagunto
Valencia
Supply
8
In Testing Phase
Mutxamel
Alicante
Supply
18
In Testing Phase
Torrevieja
Alicante
Supply / Irrigation
80
Finished
Valdelentisco
Murcia
Supply / Irrigation
48
Operating
Águilas
Murcia
Supply / Irrigation
60
Operating
Bajo Almanzora
Almería
Irrigation
15
Works Underway
Carboneras
Almería
Supply / Irrigation
42
Operating
Campo de Dalias
Almería
Supply / Irrigation
30
Works Underway
El Atabal
Málaga
Supply
60
Operating
Marbella
Málaga
Supply
20
Operating
409
20
Annual Report 2013
21
1.5 Company Milestones and
Figures for 2013
Tables 13 and 14: Acuamed Investment Program. Degree of completion by item
Financial Results at Close of 2013
Implementation of Actions
Acuamed closed 2013 with a profit before tax of 2.02
million euros, representing a 30% increase over those
obtained in 2012, when they reached 1.56 million
euros before tax.
Furthermore, at December 31, Acuamed had liquid
assets available of 409 million, up from the 122 million
euros for 2012, and net assets of 2326.40 million.
Thus, the Company has a healthy balance sheet and
improves the amounts registered in the previous year,
with a strengthened position of liquidity. This has
contributed to the disbursement, in March 2013, of
the last installment of 150 million from the 500 million
loan granted by the European Investment Bank, EIB.
The improved profits over those obtained in
2012 is the result, among other factors, of the cost
reduction plan implemented by the Company, of the
Treasury management carried out, and of the higher
revenues achieved as a result of the consolidation of
the Company's operating business, thanks to which
in 2013 there was a 45.07 million euros turnover,
compared with 36.1 million turnover in 2012.
Among other expenses, certain operating costs
have decreased, such as the energy optimization
item, reducing the kWh per m3 ratio of desalinated
water produced. Also, the item for staff costs has been
reduced due to a workforce adjustment agreed with the
workers' legal representatives. Thus, the percentage of
this item over the total business turnover has dropped
5 percentage points in 2013, going from 26.8% in 2011
to 20.4% in 2012 and 15.2% in 2013.
Acuamed carries out works entrusted through its Direct
Management Agreement. In 2013, net investment has
reached a total of 150.70 million euros. By Autonomous
Communities, this amount has been 53.26 million in
Andalusia, with works underway or planned amounting
to 329.88 million euros; 61.07 invested in the Valencian
Community, with 646.35 million for works underway
or planned; 28.29 in Cataluña, with 261.14 million in
works underway, and 8.08 in the region of Murcia,
with 112.12 million works underway (54.22 million) or
pending (57.90 million).
European Funds
An important part of the activities carried out by
Acuamed has the backing of the European Union
through the concession of grants from the ERDF
Community Funds and from Cohesion Funds.
In the fiscal year 2013, the European funds allocated
to Acuamed totaled 1,131 million euros, from the
operational programs of the ERDF Funds and the
Cohesion Funds for the programming periods 19932000, 2000-2006 and 2007-2013.
Thanks to these grants, Spain, like other Member
states of the European Union, has managed to correct
a number of deficiencies suffered, especially in the
infrastructure area.
22
Program
Investment
(millions of Euros)
Investment completed
(millions of Euros)
Degree of
advancement
1,703
1,439
85%
172
103
60%
1,269
1,023
81%
51
40
78%
418
285
68%
3,614
2,890
80%
Desalination
Reuse
Water management improvement – large distribution pipelines
Improvement of irrigation works
Quality improvement and environmental protection and restoration
Total
100%
90%
80%
70%
60%
The implementation
50%
40%
of the entrusted actions
in terms of efficiency and
sustainability, as well as
the achieving of an adequate
financial balance to ensure
Acuamed's feasibility as a
public investment tool are
two priority aims for this
company
Annual Report 2013
30%
20%
10%
0%
Desalination
Reuse
Management
Improvement
Irrigation
Improvement
Environmental
Initiatives
Total Investment (%)
Degree of Investment Completion (%)
23
1.4.2 Highlights
Reprogramming of Actions
In 2013 Acuamed carried out a major effort of
reprogramming its actions, in order to adapt to new
circumstances and surroundings and to achieve
further optimization of its investment program. There
were several specific reasons which prompted this
reprogramming, among them:
a) The absorption by Acuamed of former state-owned
companies Acusur, AcuaSegura and AcuaJúcar
meant that Acuamed assumed their actions. They
should be analyzed together, once the benefit of
maintaining each of them has been determined.
b) The new budget situation required a review of the
Company's total investments, due to the limited
possibilities of obtaining external funds to finance
users' contributions.
c) The need to reduce, as far as technically feasible,
investments without the recovery of costs.
Therefore, the Council of Ministers agreement
took place on December 21, 2012 which authorized
the signing of the sixth addendum to the modified
No. 2 of Acuamed's Direct Management Agreement
which established that this aforementioned revision
of the proceedings pending enforcement by Acuamed
should be carried out. These were subjected to a strict
prioritization process based on:
a. Necessity and urgency of their implementation.
b. Economic profitability.
c. Financial solvency and the interest of the users.
d. Capacity of the actions in the absorption of EU
funds within statutory deadlines.
Work on the preparation of this document for
Acuamed's rescheduling and prioritizing began in
January 2013. After review by different administrative
authorities, the document was sent to the General
Directorate of Water (DGA) for its review and
processing.
The document was agreed and approved by the
Council of Ministers of December 13, 2013. This
reprogramming is the first step to formalize the new
Direct Management Agreement between Acuamed
and the Ministry of Agriculture, Food and the
Environment.
As a result of this review process, 54 actions to
be carried out have been proposed for indefinite
suspension and 3 new actions and 7 sub-actions have
been proposed for inclusion. The resulting investment
of this reprogramming is:
Of this investment, 826 M €, 23%, is still pending
execution. A priority of the investment pending
24
Internal Reorganization
execution has been carried out based on the
combination of two investment criteria: degree of
implementation and impact on economic results
planned for the Company.
The result of these reprogramming actions serve
to articulate the basic pillars that as a result thereof,
shall serve to articulate the Company's new Direct
Management Agreement:
Total Foreseen
Investments (€M)
Direct Management Agreements in force
4,579.3
Renewal of investment in initiatives that
remain
493.6
Initiatives to be canceled
-1,663.2
Investment made in initiatives to be canceled
47.2
Investment in sub-initiatives related to initiatives that are already complete
86.4
Investment in preparatory activity for projects
of new initiatives
10.0
Investment in new initiatives proposed by
users
43.5
Contingencies
16.8
Total Investment
3,613.6
This reprogramming proposal does not exceed the
Company's funding sources and is balanced between
the limitations that prudence advises in view of funding
sources available and the need to have, within five years,
a volume of operating assets with enough profitability
to meet the Company´s financial commitments.
Change in Acuamed's Presidency
In May 2013, the Secretary of State for the Environment,
Federico Ramos, became Acuamed's President at
this State-Owned Company Board of Directors
meeting held on May 29. As part of the public sector's
rationalization process, in 2010 there was the merger of
AcuaJúcar and AcuaSegura by Acuamed.
Likewise, following the merger of Acuanorte,
Acuaebro and Acuasur, Acuaes–Aguas de las Cuencas
de España was created, thus leaving two State-Owned
companies engaged in water management, both under
the chairmanship of the Secretary of State.
Annual Report 2013
Acuamed, has been awarded a project in Ecuador
financed by the Inter-American Development Bank.
In line with these changes, both in the presidency
and in the reprogramming actions, and in order to
increase the efficiency of the Company and adapt its
management model to the strategic objectives set,
Acuamed proceeded in the second quarter of 2013, to
a review of the Company's processes and the internal
organization then prevailing, and which had been
approved at the Board of Directors meeting of June
2011 (more information in section 2.1 of this report).
Milestones in Works
In the construction area, the work started in previous
years has continued in 2013, with the implementation
of 132 construction contracts, 92 of which have been
completed, 9 of them in 2013.
Of the remaining contracts, 33 were underway in
2013 and the 7 remaining ones were under drafting
of the construction project, expropriation of land
or awaiting the signature for the readiness for
construction. Another 7 construction contracts were
at tender stage at the end this year.
In the exploitation area, the operation of the
infrastructures already implemented in previous
years has continued. Throughout 2013 Acuamed has
launched the exploitation of 4 new initiatives, among
which are highlighted the following:
Energy Efficiency Plan
Acuamed, consistent with its commitment to a
management based on environmental responsibility and
sustainability, investigates the use and implementation
of improvements, both methodological as well as in
processes aimed at achieving this strategic objective.
Therefore, throughout 2013 this company has worked
on developing a "Strategic Energy Saving and Efficiency
Plan 2014-2017", whose overall aim is to make
• Start of the dredging works of the Flix reservoir (March)
Acuamed a reference in energy savings and efficiency
in the national water sector.
In March 2013, Acuamed ended the testing phase In
This boost from the Company's management body
March 2013 the dredging works for the contaminated
to this Plan demonstrates commitment to improving
sludge in the Flix reservoir (Tarragona) were started.
energy efficiency, whose development tool is
For this decontamination work, a total of 165 million
systematized and structured in the said Plan.
euros have been invested, the largest investment
With this, Acuamed also wants to meet
made in Spain for decontamination work.
the European Directive 2012/27/UE,
With this project, more 800,000
so that its energy-management
m3 of contaminated sludge will
be eliminated. This sludge
system, reflecting Acuamed's
he year
has been
has accumulated for more
commitment to sustainable
especially rich when referring
than a century as a result
development, be awarded
of industrial activity in the
the ISO 50001 certification.
to milestones and progress in
riverbed of the Ebro.
The Plan was approved
works
he advanced degree of
The works will improve
by Acuamed's Board of
the quality of water that
Directors in early 2014
completion of many of these
supplies more than one
(more on the "Strategic
initiatives the start of new ones
million people and irrigates
Energy
Saving
and
50,000 hectares of land.
Efficiency Plan 2014-2017"
and the commissioning of major
The action features a triple
in point 3.2. of this report).
infrastructures have marked
safety system that covers
all possible contingencies
the development of a key year
that may occur during the
for cuamed
International Presence
course of the works. On the
one hand, an ecological dredging
Foreign countries are one of the major
system incorporating an anti-turbidity
axes for Acuamed’s future expansion.
system has been taken into account. This is a
The State-Owned Company wants to open
double sheet piling wall that isolates the area to be
up to new international markets. This has changed
decontaminated from the rest of the river, as well as a
its business perspective, making it more modern,
network of sensors to monitor, in real time, the quality
efficient and outward-looking.
of Ebro waters nearby.
The first steps in that direction have already taken
Also, the Ebro Hydrographic Confederation and the
place with several international projects, in order
Catalan Water Agency will conduct periodic checks of
to collaborate and support Spanish companies in
the water quality. Finally, the Emergency Plan, approved
obtaining international contracts by providing them
by Civil Protection in 2008 and updated in 2013,
references, knowledge and experience in different
guarantees, in the unlikely event of an incident, that there
areas of hydraulic works.
will be normal water supply to affected populations.
Recently a Spanish company, in collaboration with
T
2013
.T
,
A
.
25
• Completion and commissioning of the desalination
plant of Águilas /Guadalentín (Murcia)
• Performance testing of the new stormwater
interceptors in Cartagena (Murcia)
In March 2013, Acuamed ended the testing phase of
the desalination plant in Águilas (Murcia). The plant
represents an investment of over 238 million euros, it
has a production capacity of 180,000 m3 of water per
day (60 hm3 expandable to 70 hm3 per year), which
will be supplied to the Irrigation Communities of
Águilas, Lorca, Puerto Lumbreras and Pulpí.
During the testing period, between the months of
May 2012 and February 2013, the plant has produced
a total of 2 hm3 of water, which has been distributed
to these three Communities of Irrigators, while in the
last month the desalination plant has reached 50% of
its capacity.
In June 2013, the Secretary of State for the Environment
and Acuamed´s President, Federico Ramos, signed an
agreement with the Irrigation Communities of Lorca
and Puerto Lumbreras (Murcia) for the development of
new distribution infrastructures for desalinated water
from the Águilas plant to Valle del Alto Guadalentín in
Murcia. The works, which will require an investment
of 16.8 million euros, 80% financed by European funds,
will improve and complete the distribution network
of the water produced at the Águilas plant, in service
since last February.
The infrastructures in the agreement include
the implementation, among other elements, of a
total of 16 kilometers of pipeline, which will carry
all the flows assigned to both users (28 hm3/year)
from the Cerro Colorado Reservoir to the center
of the Consolidated Irrigation of the Communities
of Irrigators of Lorca and the surroundings of the
irrigable area of Puerto Lumbreras.
In June 2013 the test runs for the new stormwater
interceptors, which Acuamed executed in Cartagena,
Murcia, were satisfactorily undertaken.
The stormwater interceptors of Cartagena are an
action that, as a whole, has meant an investment of
30 million euros, VAT included. Their objective was
to definitively solve the old problem of flooding in the
neighborhoods of Los Dolores, Cuatro Santos and the
Mediterráneo residential area, benefiting more than
38,000 inhabitants.
Thus, the historical problem of floods affecting the
northern and western neighborhoods of Cartagena
has been solved. This situation stems from the
development of the urban area of the city itself, which
has been made by occupying the lower lagoon or
Almarjal (boggy ground) after it dried out, as well as
the banks of the watercourses that drained into it, in
such a way that they have become high risk areas.
In fact, during quite intense rainy seasons, situations
of serious danger to the population have occurred in
the past, which from now on will not happen again.
The work has consisted of three complementary
actions, involving the improvement of the sewerage
network of the district of Los Dolores, on the one
hand, of the Mediterráneo residential area and the
neighborhood of Cuatro Santos on another and,
finally, the Concepcion district and the right bank
of the channeling of the Benipila watercourse. A
complementary collector system has been adopted
as a solution in the three cases to improve network
capacity with two storm tanks at the end.
• Development of the testing phase of the desalination
plant in Torrevieja (Alicante)
The Torrevieja plant began its testing phase in April 2013.
The tests from the facility's framework were completed
successfully. This plant is one of the most efficient
infrastructures for desalination in the world because
after the testing phase, consumption has been adjusted
to 3KWh/m3 for the complete desalination process.
26
Annual Report 2013
02
The company
and its
people
2 0 1 3
2.1 Internal Structure
Nature and Origin of the Company
The revised Water Law, approved by Legislative Royal
Decree 1/2001, authorized the Council of Ministers to
constitute state companies whose corporate purpose is
the construction, operation or execution of hydraulic
works, and whose relationship with the General
Administration of the State is regulated through
agreements.
These state-owned companies complemented in
this way the functions of the Basin Organizations,
such as the design, construction and operation of the
works carried out using the own funds of the StateOwned Companies and those that were assigned to
them by the State.
Within this framework, in December 2001,
the incorporation of the State Owned company
Infraestructuras del Trasvase was authorized, under the
then Ministry of the Environment, now the Ministry
of Agriculture, Food and the Environment, With
this Ministry the corresponding Direct Management
Agreement was signed in May 2002 to govern the
actions of the State-Owned Company.
Royal Legislative Decree 2/2004, of June 18 modified
Law 10/2001 of July 5 for the National Hydrological
Plan repealing, among other measures, its article 13,
later covered in Law 11/2005 of June 22.
This abolition affected the State-Owned Company
Infraestructuras del Trasvase S.A which changed its
corporate name to Aguas de las Cuencas Mediterráneas,
S.A. (Acuamed). Its guardianship was also modified
in favor of the Ministry of the Environment (now the
02. The Company and its People
Ministry of Agriculture, Food and the Environment),
pursuant to the provisions of Article 176.1 of Law
33/2003 of November 27, for the Public Authority
Property Act.
Acuamed’s corporate purpose, as drafted by the
resolution of the Council of Ministers on July 22,
2005, is the following:
The Company’s purpose will be the contracting,
construction, acquisition and exploitation of all
kinds of hydraulic works, and especially those works
of general interest which, in compliance with Law
11/2005, which modified the Law for the National
Hydrological Plan, are made to replace those provided
at the time for the transfer of water resources.
The management of contracts for studies, projects,
construction, acquisition or operation of the works
cited in the first paragraph, and the exercise of those
activities that are preparatory, complementary or
resulting from the above is also included.
The company’s purpose may be made directly or
through participation in the capital of companies
incorporated or which could be incorporated for any
of the purposes mentioned in the previous sections.
Aguas de las Cuencas Mediterráneas, S.A. is a stateowned company under the Ministry of Agriculture,
Food and the Environment. Its social capital amounts
to 1,530 million euros and is completely subscribed
to and paid for by the Spanish Government, the only
founder member and title holder of its shares.
31
• Mr. Ángel Álvarez Capón, National Auditor.
Department Head. Ministry of Finance and Public
Administrations. General Intervention of the State
Administration.
• Mr. Ricardo de Alfonso Lopez, Deputy Director
General of Service Statistics. Ministry of Finance
and Public Administrations.
• Mr. Alberto Valdivielso Cañas, Secretary General
of State Assets. Ministry of Finance and Public
Administrations.
• Ms. Pilar Vázquez Millán, State Attorney in Valencia.
Secretary of the Board
• Ms. Isabel Bonelli Jaudenes, State Attorney. Chief
of the Environment Area. Ministry of Agriculture,
Food and the Environment.
Deputy Secretary of the Board
• Mr. Javier Moya Lámbarri, State Attorney. Company’s
Legal Director Aguas de las Cuencas Mediterráneas,
S.A. (Acuamed)
Audit Committee
Composition
Chairman
• Mr. Ángel Álvarez Capón, National Auditor,
Department Head. Ministry of Finance and
Public Administrations. General Audit of the State
Administration.
Members:
• Ms. Elisa Carbonell Martín, Advisor to the Ministry
of Economy and Competitiveness. Ministry of
Economy and Competitiveness.
• Mr. Carlos Muñoz Bellido, Deputy General Director
of Financial Planning. Ministry of Agriculture, Food
and the Environment.
Secretary
• Ms. Isabel Bonelli Jaudenes, State Attorney,
Environment Area Manager. Ministry of Agriculture,
Food and the Environment.
Table 16
Mergers
The State-Owned Company Aguas de las Cuencas
Mediterráneas is the result, at present, of the mergers
by absorption of four state-owned companies.
Therefore on June 23, 2006, and pursuant to article
169 section f) of Law 33/2003, of November 3, of
the Public Authority Property Act, the Council of
Ministers approved the merger by absorption between
the companies “Aguas de las Cuencas Mediterráneas,
S.A.” as merging company and “Aguas de la Cuenca
del Sur, S.A.U.” ACUSUR, as merged company.
Subsequently, in accordance with the provisions of
art. 39 of Law 3/2009 of April 3, the merger project for
the Companies Aguas de las Cuencas Mediterráneas,
S.A. (ACUAMED), Aguas de la Cuenca del Segura,
S.A. (ACUASEGURA) and Aguas del Júcar S.A.
(ACUAJUCAR) was completed.
This merger is the result of the agreement reached
at the Council of Ministers of April 30, 2010. On
this date, the Council adopted the “rationalization
agreement of the public business sector” that reflects
the will of the Government to undertake a major
restructuring of the public business sector in order to
increase its efficiency and effectiveness and to reduce
public expenditure.
Board of Directors
The Governing Council, the highest governing body
of Acuamed, has vast power and authority to govern,
direct, manage, represent and bind the Company. The
Council is composed mainly of representatives from
the responsible ministry (Ministry of Finance) and the
32
Ministry in Charge and bodies dependent on these,
also including representatives from other ministries
and bodies of the State Administration.
The company’s By-Laws define the composition and
functioning of the General Shareholders Meeting and
the Board of Directors, in which the Audit and Control
Committee, integrated by four members of the Board,
undertake the main functions of monitoring the
contracting. The Chairman of the Board of Directors
does not occupy an executive position.
PRESIDENT
MR. FEDERICO RAMOS DE ARMAS
Composition
Chairman
• Mr. Federico Ramos de Armas, Secretary of State for
the Environment. Ministry of Agriculture, Food and
the Environment.
Members:
• Ms. Liana Ardiles López, Director General of Water.
Ministry of Agriculture, Food and the Environment.
• Ms. M.ª José de Mariano Sánchez‐Jáuregui, Head of
the Network Content Management Unit. Ministry
of Finance and Public Administrations.
• Ms. Elisa Carbonell Martín, Advisor to the Secretary
of State for Economy and Competitiveness.
• Mr. Carlos Muñoz Bellido, Deputy General Director
of Financial Planning. Ministry of Agriculture, Food
and the Environment.
• Ms. Rosario Cayuela Castells, Advisor of the LegalInstitutional Affairs Department of the Government’s
Cabinet Office. Ministry of the Presidency.
• Mr. Eduardo Ribas Steegmann, Director of the
Secretary of State’s Cabinet for State Parliamentary
Relations. Ministry of the Presidency.
• Mr. Daniel Sanz Jimenez, Directorate General
of Water. Ministry of Agriculture, Food and the
Environment
Annual Report 2013
PRESIDENT
MS. LIANA ARDILES LÓPEZ
MANAGING DIRECTOR
MR. ARCADIO MATEO DEL PUERTO
DIRECTOR OF ADMINISTRATION
AND FINANCE
MR. CARLOS ANIBARRO
MARTÍN
DIRECTOR OF ENGINEERING
AND CONSTRUCTION
MS. M.ª GABRIELA MAÑUECO
PFEIFFER
DIRECTOR OF EXPLOTATION
MR. FERMÍN LÓPEZ UNZÚ
DIRECTOR OF THE LEGAL
DEPARTMENT
MR. JAVIER MOYA LAMBARRI
Table 17: Organization chart
33
Internal Structure
2.2 Relationship with Stakeholders
Acuamed’s operation is structured geographically
around the hydrographic basins in which it operates.
In order to increase the Company’s efficiency and
adapt its management model to the strategic objectives
set, in the second quarter of 2013, Acuamed proceeded
to review the Company’s processes and the internal
organization then prevailing, and which had been
approved by the Board of Directors meeting of June
2011 (more information in section 2.1 of this report).
Based on the conclusions reached in this review
process, Acuamed’s management took the following
decisions:
1.
Place business responsibility where it occurs.
Consequently, three area managers were appointed,
with responsibility for the income statement of the
relevant area.
2.Corporate managers still have the role of spreading
best practices in their area of responsibility, their
recommendations being binding to all areas.
3.To reinforce the idea of management in all of the
Company’s areas, the name of deputy director was
changed to manager.
4.Three area managers were appointed and there were,
in some cases, changes in the project management
of some strategic actions.
5.The project manager becomes responsible for end to
end business associated with the work, that is, to finish
it on time and on cost, exploit it efficiently, obtain
customers, negotiate or renegotiate agreements and,
ultimately, make the initiative profitable.
T
hroughout its activities and processes, such as
project design, construction, environmental
protection measures and exploitation, many and
different groups, both internal and external, are in
contact with or influenced by the company’s activities.
Each of them, as part of this relationship, contains
specific expectations regarding behavior and the
solutions offered by the company.
Responding effectively to them, creating the necessary
communication lines, providing these groups with the
information they need and establishing the policies
needed to improve the performance of its activity are
key pillars of Acuamed’s sustainability policy.
34
35
2.3 Acuamed’s Main Value:
Its People
Table 18: Acuamed’s Main Groups of Interest
Group of Interest
Expectations regarding the Company
Existing lines of communication
Satisfaction with their job
Professional development
Health and Safety at work
Works Council
Meetings with union representatives of the
absorbed companies
Work Health and Safety Committee
Construction and operation of infrastructures
included in the Commission
for viable technical, economic, and environmental
management of the initiatives
Board of Directors Contacts for daily operations
Institutional events
Aspects of the works related to their skills
(environment, fire prevention, cooperation, labor
law, international business, etc.)
Bilateral meetings during the design and
construction process of the infrastructures
Job satisfaction
Professional development
Health and Safety at work
Works Council
Meetings with union representatives of the
absorbed companies
Work Health and Safety Committee
Construction and operation of infrastructures
included in the Commission for viable technical,
economic, and environmental management of the
initiatives
Board of Directors
Contacts for daily operations
Institutional events
Other Ministries
Aspects of the works related to their skills
(environment, fire prevention, cooperation, labor
law, international business, etc.)
Bilateral meetings during the design and
construction process of the infrastructures
European Union
(Administration that funds
projects)
Efficient use of funding awarded
Socio-economic return of the works
Prevention of environmental impacts associated
with the works
Control procedures of investments from
European funds
GRECO-AGE Group Meetings (Monitoring of
communication actions)
Access to the resource in terms of quality and
sufficient quantity
Meetings for the creation and monitoring of
collaboration agreements
On-line customer management system
Field staff of the company in initiatives under
exploitation
Information on new tenders
Compliance of contracts in relation to the
execution of the works
Specific section for tenders on the website
Meetings to monitor the projects
Local Communities
Prevention of environmental impacts and
ecosystem improvement
Communication actions and institutional
relationship (visits to works, openings)
Specific publications
Press releases
Leaflets
Public, Regional, and
Local Administrations
Cooperation Agreement
Land restoration plans
Bilateral meetings (technical, administrative
procedures, agreement development, etc.)
Communication and institutional relationship
activities (visits to works, openings)
Society
Efficient management of the water cycle
Publications
Press releases
Leaflets
Media
Efficient management of the water cycle
Employees
Ministries of Finance
(Shareholder) and Agriculture,
Food, and the Environment
(Guardianship)
Other Ministries
Employees
Ministries of Finance
(Shareholder) and Agriculture,
Food, and the Environment
(Guardianship)
Resource Users
Direct Contracts
A
cuamed employees are its main value and
the most important stakeholder group of the
company. Thanks to the work they do and their high
level of training and experience, they carry out the
actions required for the design, construction and
operation of the infrastructures developed by the
company. Therefore, achieving a satisfactory working
environment is a crucial aspect with direct impact on
the performance of Acuamed’s mission.
The human resources strategy of the company is
based on mutual respect and commitment, creating
a good environment for personal and professional
development. For this, the company in recent years
has set up various policies aimed at:
• Ensuring a fair negotiation with employees over the
course of their employment.
• Ensuring diversity and equal opportunities. • Preventing unacceptable behavior, such as bullying.
• Remunerating their effort fairly and facilitating
work reconciliation.
• Contributing to training and professional development.
• Preventing risks in health and safety at work.
Highlights
Organization
36
Press releases
Invitation to institutional events
Annual Report 2013
An assessment of the organizational structure of the
Company was carried out during 2013 and the findings
have led to the definition of a new organization chart
for the company based on the following key areas:
• Changing business focus at all levels, to a view
oriented towards the company’s efficiency and
profitability.
• Establishing regional managers with sufficient
autonomy so that economic goals set a priori can be
achieved.
• High degree of responsibility at all levels in the
company.
The organizational change has led to a new functional
organization structure.
A job manual has also been drafted that determines
the competencies of each of the professionals at all
levels in the company. For the future, the possibility
of determining and defining a procedure map is being
assessed as a medium term objective.
Collective Bargaining
There are currently three agreements in force for staff
that came from the companies Acuamed, AcuaJúcar
and AcuaSegura before the merger.
The Homogenization Agreement in force since
August 2012 is still being applied. Following the
agreement in principle reached in late 2012 with
the workers’ legal representatives in the drafting of
the Collective Bargaining Agreement I of Aguas
de las Cuencas Mediterráneas S.A., the approval
process with the shareholder has begun. This implies
modifying many aspects contained in the Agreement.
The final draft of the First Agreement of Aguas de las
Cuencas Mediterráneas S.A. is pending approval at
year end. In any case, we understand that despite the
defense of different company positions and workers’
legal representation, the understanding and good
relationship between them has strengthened.
Towards a More Balanced Workforce
During 2012 the company applied an Employment
Regulation Order. In 2013 the company continued
moderating its staff structure, with the composition
of its workforce going from 104 employees to 99 on
December 31, 2013.
Due to the existing wage gap differences between
the staff that came from the three companies, during
2013, there was a salary adjustment process that
ended with 8 workers agreeing to a salary reduction
and another 4 to an increase. This negotiation process
has led to an important reduction in the wages bill,
while higher wages have tried to be adjusted and
efforts rewarded.
Objectives for 2014
Amongst the objectives for staff in 2014, the company
has set tasks such as defining an array of skills and
establishing operating procedures at administrative
level. Acuamed will also create a process map
and procedures manual that will allow a general
optimization of the company.
Diversity and Equal Opportunities
Acuamed guarantees equal opportunities.
It promotes and respects diversity, constituting a
key commitment to its employees. It fights all forms
37
Table 19: Breakdown of employees by work center
Preventing Unacceptable Behavior
Men
Women
Madrid
23
32
55
Valencia
11
6
17
Murcia
10
2
12
Almería
4
1
5
Málaga
3
4
7
Tarragona
2
1
3
53
46
99
Table 20: Employees by category
Empleados 31/12/2013
Men
Women
DIRECTOR*
5
0
MANAGEMENT
6
5
TECHNICIANS
37
17
5
24
53
46
ADMINISTRATIVE
STAFF
of discrimination, direct or indirect, due to gender,
promoting real equality between men and women.
Acuamed’s staff composition by gender is overall
balanced. However, this balance is not reflected in
categories, with the representation of women being
lower than men in the categories of Management,
Deputy Management and Technicians and Graduates.
However, recent developments have been positive in
this area, increasing the presence of women in senior
executive positions and on the Board of Directors.
Acuamed’s objective is to reduce this gap by
incorporating measures to ensure equality between
women and men in access to employment, training,
career development and work conditions. For this,
the Company’s Collective Bargaining Agreement
I includes an Equality Plan in its additional clause
three which guarantees equal opportunities and nondiscrimination between individuals.
Acuamed meets the legal requirements regarding
the social integration of people with disabilities by
promoting their direct recruitment through the
Special Employment Centre INTEGRA.
Acuamed strives to maintain a balanced workforce
of professionals with the highest qualifications to
work in the best working environment to achieve
business objectives in the current macroeconomic
circumstances, focusing human resource management
towards efficiency and profitability.
38
*Note: In May 2014, this changed to 4 men and 1 woman
Table 21: Breakdown of employees by age group
Men
Women
TOTAL
0
3
3
30-50
40
38
78
OVER 50
13
5
18
53
46
99
UNDER 30
Table 22: Breakdown of employees by type of working day
Men
Women
PART-TIME WORK
0
11
FULL-TIME WORK
53
35
53
46
Acuamed does not currently have a code of conduct
that comprehensively addresses the risks of corruption,
money laundering or confidentiality, because the
Internal Procurement Instructions include sufficient
mechanisms to prevent such risks.
Human Rights and Ethics
All bidding processes for works and exploitations that
Acuamed promotes are subject to the procurement
rules of the Public Administration, so in these processes
the necessary transparency, competition, advertising
and objectivity in awarding contracts is ensured.
During 2013 the Company was not aware of any
incident with regards to corruption.
The mechanisms planned for the prevention of
risks related to corruption, money laundering,
discrimination and confidentiality are integrated into
the Internal Procurement Instructions, including the
principles of openness, competition, equality and
non-discrimination, transparency and confidentiality
which are transferred to the contracting models.
Likewise, during 2013 the Company was not aware
of any incident relating to the violation of human
rights. Acuamed does not consider this as a material
risk to the Company.
However, Acuamed asks its certified contractors
for proof that they are up to date with their tax
obligations and have registered their employees on
the social security system, with the intention of not
having illegal workers or people working in unfair
conditions. All initiatives have health and safety
contracts in the works that monitor compliance with
the conditions of the workers employed there.
Wages and Labor Conciliation
In Acuamed reconciling work and family life is a
crucial pillar, so it has several measures that apply to
all our staff:
• Service for subsidized meals through the handover
of restaurant tickets per working day.
• Healthcare Insurance and Accident Insurance for
all workers.
• Flexible hours during the working day
• Extension of paid leave for maternity or paternity
leave.
• Obtaining unpaid leave after being on the staff for
one year.
preventive measures. Quarterly meetings are being held
between Acuamed and the company staff managing
the evaluation.
Training in prevention is key to ensuring a low
level of workplace accidents. So in 2012 staff received
training and information regarding the occupational
hazards of their job.
Likewise training has also been provided to all
staff involved in the projects through a basic training
course in risk prevention. Training is mandatory for
these positions.
In relation to actions in construction, subcontractors
are required to have a safety plan and provide Acuamed
managers with the data needed to track accident rates
of their workers.
Training
Throughout 2013, Acuamed has carried out a
training plan designed to meet the training needs
of the Company’s staff in order to improve both
their professional preparation and the performance
of their duties in the company. This plan has two
approaches. On the one hand, the development
of skills by achieving accurate expert skills for
operating performance in the labor force and on the
other, improving the conditions for personal and
career development, through the worker’s increased
knowledge and understanding.
The training activities conducted by Acuamed
consist of three large blocks. On the one hand,
those that benefit from allowances of the Tripartite
Foundation, whose planning is agreed between the
company and the workers’ legal representation.
The subjects taught in this context include, among
others, European Funds 2014-2020, public-private
concessions and computing courses.
In addition, Acuamed funds individual courses
requested privately by employees. These courses must
be approved by the Training Committee, made up of
company representatives and the RLT.
Finally, the company offers language courses,
especially English, which are taught throughout the
year on a regular basis to all employees.
Health and Safety at Work
Table 23: Breakdown of employees by type of contract
Men
Women
PERMANENT
52
45
TEMPORARY
1
1
53
46
Annual Report 2013
To ensure the appropriate and safe working conditions
in order to prevent and detect risky situations is the
company’s main priority in terms of Occupational
Health and Safety.
With the primary aim of ensuring the health
and safety of workers in their jobs, Acuamed has a
Preventative Management System implemented at all its
offices since 2011. Under the system, a risk assessment
is carried out every year to update, if necessary, the
39
Table 24: Courses given in 2013
Number of courses given
Number of students
Total cost in Euros
Actual cost
(without discount)
9
58
16.290
3.330
Individual courses
48
55
18.700
--
Language
--
--
87.214
--
Type of course
Fundación Tripartita
Data Protection
In terms of Data Protection, there is a need to review
the Security Document, to analyze the registration
status of the files and to verify the suitability, adequacy
and effectiveness of the security measures in place.
The purpose is to ensure compliance with required
safety levels of the Security Document in accordance
with Law 15/1999 of December 13, of Protection of
Personal Data (hereinafter LOPD) and its statutory
regulation, expressed in the Regulation on Security
Measures developed in the LOPD (Royal Decree
1720/2007 of December 21, hereinafter RLOPD).
These rules establish the formal obligations that
entities must meet for the treatment of personal data
and to regulate the material and personal organization
of the security and the measures that should be taken
to ensure the protection of the fundamental right to
data protection in accordance with the requirements
of the RLOPD.
This project began to be managed in 2013 and will
be implemented and audited throughout 2014.
Quality Control Management
One of Acuamed’s short-term priorities focuses on the
implementation of an Integrated Quality Management
System EN ISO 9001:2008 and EN ISO 14001:2004.
This integrated system will ensure the efficiency
in the development, management and control of the
activities implemented by Acuamed in contracting,
project management and management of hydraulic
public works and management of desalination plants.
Improving the efficiency of the processes developed
by Acuamed in the design and drafting of projects,
supervision of works, monitoring the implementation,
operation and maintenance of desalination plants,
control of suppliers, customer satisfaction, training,
HR. etc., is important to ensure the compliance with
the requirements.
This project began in 2013 and will be implemented
and audited throughout 2014, in order to gain these
ISO certificates.
Information Systems.
Systems Plan (SIGA Program)
A systems plan was set up during 2013, aimed at
providing the Company with information systems that
adapt to Acuamed’s current and future needs and that
provide the Company with an increased efficiency of
its processes.
40
To do this there was a review of processes, analyzing
the existing support and future needs of information
systems. This review process analyzed Acuamed’s
value chain, starting with the primary activities,
before moving on to support activities, all while
encouraging participation and in alignment with
Acuamed’s objectives.
In 2013 the implementation of Phase I of this plan
was completed, with the following developments:
1)Implementation of Microsoft Dynamics NAV
ERP which acts as the Company’s management
system, allowing a seamless integration with other
Company applications. This ERP can be extended
with future functionalities.
2) Unification of the Company’s information
systems. Following the merger of Acuamed,
AcuaJúcar and AcuaSegura, it was necessary to
carry out the standardization of the information
systems of the three companies. So in 2013 and
based on Microsoft Dynamics NAV, three major
integrations took place with the main objective of
promoting the Company’s financial management
and obtaining an overview of the information. The
three integrations were as follows:
• GesMed-NAV integration. The main integration
has occurred between Acuamed’s information
and management system of the last few
years (GesMed) and the current information
system. (NAV). The result is a management
and information system with greater potential,
greater functionality, technologically up to date
and flexible to be able to adapt to the Company’s
future needs. With such integration, information
is supplied by a single pathway, thus providing
it with reliability, immediacy, flexibility and
accessibility when creating reports.
• Prepaid-NAV invoicing. The prepaid billing
process in the Valdelentisco desalination plant
and Microsoft Dynamics NAV have been
integrated so that all the information collected
by the terminals of the desalination plant enter
automatically into NAV, in the same way as
payments.
• GesEcoEx-NAV. A new application for the
financial management of expropriations has
been developed to serve as the basis for a full
and comprehensive management system for
expropriations fully integrated with NAV. With
this new satellite application integrated with
NAV, a greater and better control of the financial
Annual Report 2013
management of expropriations is achieved,
automating their operation and providing high
reliability and accessibility of information.
3)Technological updating of the Company’s
information systems, undertaking the migration
from the GesMed application to a SQL Server
environment, thus giving it more stability while
increasing its functionalities and adjusting to
the requirements of a company like Acuamed.
Computing
Acuamed has renewed all the Company’s computer
equipment through centralized procurement using the
Sub-Directorate General for Procurement, under the
Directorate General for State Assets, achieving greater
efficiency and cost rationality. In total, the purchase of
97 computers and 10 monitors has been managed.
Video-Conferencing
In order to limit travel expenses between the
headquarters and regional offices, Acuamed’s internal
and external communications have been improved,
enabling a videoconferencing connection with all the
delegations, even all of them at once, using “Spontania”,
a software solution that provides interactive text, audio
and video services as well as collaboration tools for
multiple users who can be connected from remote
locations, making possible to hold meetings and
training at a distance and thus reducing travel costs.
41
2.4 Transparency and Social Commitment
I
nformation transparency is a priority commitment
for Acuamed. To publicize our activities Acuamed
periodically prepares press releases, publications,
brochures and audio-visual material available for
both consultation and download from the web.
Throughout the year various events have also been
organized, such as visits to sites or signing agreements, in
which representatives of public and private institutions,
both national and international, have taken part.
Visits to Works and Inaugurations:
- Flix (Tarragona): A delegation from the Parliament
of Catalonia, national and international journalists,
representatives from the scientific and educational
communities visited the decontamination works at
the Flix reservoir (September 2013).
-The Minister for Agriculture, Food and the
Environment, Miguel Arias Cañete, attended in
Lorca (Murcia) the start of the works of the new
irrigation infrastructures for the distribution of water
from the desalination plant of Águilas to the valley
of Alto Guadalentín. This is the first infrastructure
planned under this agreement: the pipeline from
Cerro Colorado to the vicinity of the irrigated areas
of both communities, with an investment of nearly
10 million euros.
- The Secretary of State for the Environment, Federico
Ramos, signed an agreement with the irrigators
of Lorca and Puerto Lumbrera for the works for
desalinated water distribution to the Valley of Alto
Guadalentín in Murcia (June 28, 2013).
- A South African government delegation visited the
desalination plant in Torrevieja, Alicante (October
31, 2013).
-To mark the start of the dredging works of
the contaminated sludge of the Flix reservoir
(Tarragona), the Secretary of State for the
Environment, Federico Ramos, and the Minister
of Territory and Sustainability of Catalonia, Santi
Vila i Vicente, visited the works together with the
Government’s Sub-delegate in Tarragona, Jordi
Sierra Viu. The event was also attended by the
Mayor of Flix, Marc Mur, and several councilors of
the municipalities of the riverside area downstream
of the Ebro river, who have been informed about the
development of the works. The work represents an
investment of 165 million euros, the largest amount
provided for decontamination works in Spain.
Congresses and Events
- Acuamed joined the celebration for World Water
Day with an event organized for school groups in
the Delta del Ebro (Tarragona).
- Acuamed’s participation in the International Desalination (IDA) World Congress 2013, held in Tianjin,
China, from October 20 to 25. The Company took
part with a representative stand, the presence of a
delegation headed by its Managing Director, Arcadio Mateo del Puerto, presentation of specialized
conferences as well as the distribution of brochures
and merchandising material.
2.5 The Ethical Commitment: Legal Area,
Contracting and Expropriations
T
he actions to prevent conflicts of interest in
procurement processes applied by Acuamed are
confined to the provisions contained in the legislation
on contracts for Public Administrations.
Acuamed’s contractual regime comes from its
position of trading company in the public sector, with
adjudicating power.
Acuamed’s contracts are private and are governed,
with regards to their preparation and adjudication, by
Law 30/2007, of Public Sector Contracts.
This Act establishes the assumptions of prohibition
in recruitment that anticipate conflicts of interest:
42
• Prohibition of contracting with the public sector
for those individuals or representatives of legal
persons included in any of the cases of Law 5/2006,
of April 10, of the regulation of conflicts of interest
of members of the Government and senior officials
of the State Administration, of Law 53/1984 of
December 26, of the incompatibility of staff at the
service of Public Administrations or for any of the
elected positions regulated by the Organic Law
5/1985 of June 19, of the General Electoral System,
under the terms established therein.
• The prohibition extends to legal persons in whose
Annual Report 2013
capital participate staff and senior officials as well
as to any public administration and elected officials
serving them.
• The prohibition also extends, in both cases, to
spouses, persons associated with a relationship akin
to emotional coexistence and descendants of the
persons referred to above.
Contracting
During 2013 contracts were signed with a total of 29
different companies, four of them being awarded to
Joint Ventures.
Contracts subject to harmonized regulation
In the financial year 2013 a total of 14 contracts
subject to harmonized regulation were awarded, six
of them were tendered for in 2012 and eight in 2013.
The total tender amount of such contracts
was 65,041,661.46€ against a total allocation of
48,185,509.82€ and an average deregistration of 25.9%.
The contracts can be broken down according to
their type as: three contracts for works, nine for
services and two for supplies.
Expropriations
The Direct Management Agreement governing
relations between the state-owned company and the
Ministry of Agriculture, Food and the Environment
includes, among the powers reserved to the Ministry,
“the expropriation of the assets and rights necessary
for the execution of the actions, in accordance with the
Law of December 16, 1954, on Forceful Expropriation,
and its development regulations.”
Article 132.4 of the revised Water Law gives state
water companies the condition of beneficiaries, as a
public utility, in proceedings of forceful expropriation
of the actions carried out within the framework of the
Agreement.
Acuamed, as beneficiary of the expropriations,
pursuant to Article 5.2 of the Rules of the Law of
Forceful Expropriation, shall have the following
powers and duties:
• As part of the expropriation procedure, push on the
proceedings and inform, at its discretion, on their
incidences and pronouncements.
• Draw up the list of assets and rights referred to in
Article 17 of the Law.
• Agree freely with the expropriated party on the
friendly acquisition referred to in Article 24 of
the Law.
• Act on the fair price compensation, to present the
appraisal statement referred to in Article 30 of the
Law, and to accept or reject the valuation given by
the owners.
• Pay or deposit, if applicable, the amount determined
as fair price.
• Pay for delay compensation legally due.
To carry out these and other functions and obtain
land for works, Acuamed created the Expropriations
Department, which is currently integrated in the
Company’s Legal Department.
In compliance of the aforementioned powers and
obligations, Acuamed Expropriations Department
collaborates with the expropriating administration,
represented by the Expropriations Service of the
Hydrographic Confederations of the Ebro, Júcar and
Segura, in the actions entrusted to Acuamed in their
respective territorial demarcations, or directly by
the Directorate General of Water, in the territories
of the Autonomous Communities of Catalonia and
Andalusia.
Acuamed’s Expropriations Department has its own
staff which complements the human and material
resources provided by five technical assistance
contracts, one signed in 2008, another signed in
2009, another in 2012 and two signed in 2013. These
five contracts, at the end of 2013, are certified by an
average of 60%.
By December 31, 2013 Acuamed had open the
expropriation process for achieving the necessary
land for a total of 61 works, four of which started in
2013. These actions have resulted in the processing
of approximately 14,000 individual files for forceful
expropriation including, after the merger, the
actions of the Júcar-Vinalopó and Valdelentisco
desalination plant.
43
03
Sustainability
Commitment
with the
Environment
and
2 0 1 3
3.1 Strategy for the Creation of
Environmental Value
company belonging completely to the
Spanish State. It depends on the Ministry of
Agriculture, Food and the Environment, and its
purpose is to promote hydraulic infrastructures
aimed at solving challenges arising from
the complex framework of water
management in the Spanish
mediterranean basins.
“
The environment, its conservation and recovery is one
of the priorities in Acuamed’s business strategy. The
strategic objectives in this matter are oriented at:
-Preventing, minimizing and correcting the environmental
impact generated during the construction and operation
of our facilities, extending to our suppliers the
environmental criteria with which we work.
-Promoting, through our infrastructures, the
management of risks posed in the water cycle in
Spain due to climate change associated to global
warming.
“
The State-Owned
Company Aguas de las
Cuencas Mediterráneas,
s.A., Acuamed, is a publicly owned
Acuamed’s Commitment
Acuamed carries out two types of initiatives on
environmental issues. On the one hand, it promotes
improvement projects in cases where as the result of
human action or natural causes like erosion, specific
environment has been damaged. Furthermore,
Acuamed works to prevent and minimize potential
impacts generated both in the implementation phase
as well as in the exploitation of their initiatives,
thereby reducing as much as possible the potential
risks associated with the development of water
infrastructures.
The achievement of this objective is approached
in two ways, which include the construction or
implementation phase of new initiatives and later,
their exploitation.
• Execution of works with the utmost respect for
environmental regulations, providing the necessary
training and support to all employees involved.
• Continuous training of staff in environmental matters
and in relation to the conceptual, technological and
methodological issues related to water projects.
• Fluid relationship with environmental administrations
and other social agents in order to reach commitments
03. Sustainability and Commitment with the Environment
to achieve our goals of environmental protection and
minimize social impacts.
• Continuous improvement of internal and external
communication to publicize Acuamed’s action
lines and the most representative projects through
participation in conferences and other forums and
the publication of articles in professional journals.
Environment Office
The Environment Office (formerly the Environmental
sub-directorate) ensures environmental protection
in the development of the different stages of all the
actions entrusted to Acuamed. This is its aim, making
intervention in the territory compatible with the
execution of the works and their natural value.
In the design phase of projects, the Environment
Office is responsible for:
• Preparation of necessary documentation, managing
and supervising the procedures relating to the
Environmental Impact Assessment of actions to
find the mandatory environmental solutions with
the General Directorate of Water, Ministry of
Agriculture, Food and the Environment.
47
• Analysis of project alternatives to choose the most
environmentally friendly.
• Definition of preventive and corrective measures to
be applied during the execution of the works.
• Comprehensive compliance of environmental
legislation (sectorial, regional, national and European
community) from this initial phase.
During the works, the Office’s responsibility is to
ensure their appropriate environmental execution
through initiatives such as:
• Obtaining the environmental authorizations
demanded by the regulations for the execution of
the works.
• Analysis and assessment in the process of awarding
the works of the technical proposals that have plans
for the rational use of natural resources during
the construction and operation stages, as well as
minimization plans and assessment of resources.
• Requiring contractors to apply all environmental
measures raised in the project.
• Environmental monitoring of works, through
site visits, to ensure implementation of the
Environmental Monitoring Program defined in
the attachment for the Project’s Environmental
Integration.
• Procurement of specialized technical assistance for
each project to help ensure adequate environmental
execution, carrying out a more frequent and
thorough monitoring.
• Environmental restoration of all areas affected by
the project, which in general is performed using revegetation.
Monitoring of the environmental aspects of
infrastructure operations, mainly in the case of
the desalination plants which are under Acuamed,
comprising of:
• Coordination and preparation of documentation
required for the application of the Integrated
Environmental Authorizations and / or Disposal
Authorizations, as well as the statements and
extensions for information required throughout
the process to obtain such authorizations.
• Undertaking the modifications of the Discharge
Authorizations granted to optimize the monitoring
to be carried out in the operation phase.
• Coordination, planning and monitoring of the
Environmental Monitoring Program in the marine
environment.
• Meetings with the monitoring operator and/or
companies in the marine environment to analyze
results, adjustments or changes to the monitoring, as
well as special communications with the competent
authority for events that occur during the exploitation
involving situations not covered in the resolutions.
48
Another constant of this Office is the continuous
training of the workforce, seeking expansion and
updating knowledge to keep abreast of the latest
technical advances. Proof of this is the participation
in multiple conferences and congresses held in 2013,
highlighting the National Congress for Environmental
Impact Assessment (CONEIA2013) in which two
papers were presented by the Office.
Main Objectives and Environmental
Achievements
Acuamed has set itself, in Environmental issues, a
number of strategic objectives, designed to ensure
sustainable management in all its actions.
These objectives for 2013 are specified in five points:
• To carry out the works with maximum respect for
the environment and in strict compliance with
environmental legislation and the requirements
contained in the projects.
• To give priority to companies that have environmental
efficiency plans (use of resources, waste minimization,
etc...) when selecting companies for the construction
and exploitation of our initiatives.
• To provide all necessary environmental permits for
the construction and exploitation of the initiatives.
• To have all the human, financial and material
resources to ensure compliance with the objectives
above.
• To improve or rehabilitate the environment affected
by our works, so that we can return them to the
original state as far as possible.
To do this, in 2013 the control of the works execution
has been maintained ensuring compliance with
the requirements established in the environmental
resolutions, authorizations and permits necessary for
the execution of the initiatives. All the initiatives have
had the permits and sectorial authorizations prior
to their start. Thus, none of the works in operation
during 2013 have been reported or penalized for
environmental issues.
Furthermore, to ensure the correct application of
these criteria for environmental efficiency on site,
beyond any possible proposals made by companies
in their bids that would condition their subsequent
application, the requirement of having a system for
an environmental management certificate must be in
place to be able to bid for the tender.
The works completed in 2013 have been subject
to an environmental and landscape integration, the
control being extended during the warranty period of
the works to ensure this objective is achieved.
Annual Report 2013
The Government of the Region of Murcia Grants
Acuamed the “Eco-Management Award” for the
Desalination Plant of Valdelentisco
(April 2013)
In April 2013 the Government of the Region of Murcia granted Acuamed the “Eco-Management Award” for
the Valdelentisco desalination plant, developed by the State-Owned Company and operated by Cadagua. The
award is given in recognition of being the first desalination plant in Europe to achieve certification in the EMAS
Register, the EU regulation that certifies good environmental management.
This award, which is part of the “5th Sustainable Development Awards”, has been given in recognition
of the commitment to the environment and to the continuous improvement of sustainable management
systems that Acuamed, a State-owned company under the Ministry of Agriculture, Food and the Environment
(MAGRAMA) has made in this infrastructure.
The Valdelentisco plant, in operation since January 2008, is the first desalination plant in Europe to achieve
certification under the EMAS Register, Eco-Management and Audit Scheme (European Community EcoManagement and Audit Scheme), a voluntary eco-management system of the European Union, involving
the adoption of rigorous measures to improve the sustainable management based on environmental
commitment and transparency.
In addition to this award, and as a result of the implementation of the EMAS eco-management
system, the Valdelentisco desalination plant was also a finalist for the EMAS Awards 2012, in
which a total of 27 organizations took part and where Acuamed’s plant was one of the 3
nominations submitted by MAGRAMA. Specifically, the EMAS registration requires the
publication of an environmental statement that sets out the aspects of direct and indirect
environmental impacts of the facility, objectives and targets related to important
aspects of the plant, environmental performance indicators and related permits
and authorizations necessary and available for the activity.
On July 13, 2013, the Directorate General for the Environment of the
Regional Government issued a resolution that registered the plant in the
EMAS register.
49
3.2 Towards Greater Energy Efficiency
Electric
The desalination plant of Torrevieja in Alicante is one of the most efficient infrastructures for
desalination in the world, because after the testing phase, consumption has been reduced
to 3KWh/m3 for the complete desalination process (except for the distribution of the water
product).
There are two main factors that have made these efficiency levels possible:
- It features some of the most technologically advanced equipment that optimizes energy
efficiency.
- The process designed for commissioning of the desalination plant has also been key. This
testing process has been meticulously developed with the primary goal of minimizing energy
consumption in all processes. Calibrations carried out at this stage have made it possible to
reduce the specific fuel consumption of the design by 10%.
The plant also has a bioclimatic architectural design, with architectural integration of
photovoltaic panels in the main unit and acoustic insulation of all its buildings. The implemented
project has meant the extension of the original site to create a linear park linked to the
interpretation center that acts as a barrier and transition to the Natural Park of Las Salinas de
Torrevieja, integrating elements related to the territory and nearby equipment.
This plant was listed in 2012 among the 100 most innovative infrastructures in the world,
according to the “Infrastructure 100: World Cities Edition” report prepared by the international
consulting firm KPMG.
“
Torrevieja, One of the Most Efficient
Desalination Plants.
“
power, together with sea water, is the basic
raw material for desalination and represents its main
consumption, as well as the main production cost.
Due to this, energy efficiency initiatives are essential to
increase the profitability of these actions, thus allowing
the final tariffs for the user to be adjusted.
Thanks to the increased efficiency in the facilities, the
improvement of the equipment and the technological
progress, the infrastructures are increasingly more
sustainable, both from the financial as well as the
environmental point of view.
Improvement of Energy Consumption Ratios
Acuamed works in line with European directives in this
sector, which pose increasingly stringent requirements
for environmental and economic sustainability of the
facilities and to improve their energy efficiency.
Therefore, in anticipation of these requirements, in
several desalination plants that it manages, Acuamed
is launching a series of energy audits designed to
identify areas of potential improvement and implement
corresponding changes in both processes as well as
the equipment itself, in order to improve their energy
efficiency.
Following the entry into service of new infrastructures,
the total energy consumption of hydraulic installations
managed by Acuamed has increased significantly in
recent years. And so has its cost. It is therefore a priority
for Acuamed to optimize that cost, in order to ensure
the Company’s profitability.
50
51
Table 25: Electricity consumption in Acuamed infrastructures
2011
2012
2013
100 GWh
132 GWh
240 GWh
2014
2025
(estimated)
(estimated)
325 GWh
1.700 GWh
This continuous improvement in efficiency ratios of
the facilities is reflected in the figures for electricity
consumption per cubic meter achieved in the most
modern plants developed by Acuamed.
Thus, the most recent and efficient energy
consumption facilities may be about 1 KWh/m3 lower
than other older ones.
For example, at the plant in Carboneras, Almería,
which entered into service in 2005, the current
consumption is 4.9 KWh/m3. Far below this
consumption is Águilas (Murcia), recently put into
operation and which achieves ratios of 4.01 KWh/m3.
The plant of Torrevieja in Alicante is one of the
most efficient infrastructures for desalination in the
world, because after the testing phase, consumption
has been reduced to 3KWh/m3 for the complete
desalination process (except for the distribution of
the water product).
Acuamed also works on the modernization of the
facilities that have been in operation for a longer
period, with considerable success when it comes to
improving their energy efficiency.
An example of this is the Valdelentisco plant in
Murcia, in service since 2008. This plant, which
maintains a current consumption of 4.82 KWh/m3,
has initiated the pilot phase in which two beaters have
been replaced with the latest energy recuperators
(ERI), thereby achieving significant savings on its
electricity consumption which already at this stage
has reached 0.4 KWh/m3.
With these infrastructure modernization processes
already in operation- focusing on installing energy
recuperators and changing membranes for newer and
more efficient ones-Acuamed estimates to achieve
a reduction in the consumption at these plants of
around 0.5 KWh/m3.
Optimization in Purchasing Energy
The electricity market is a complex market that
offers different ways to contract energy characterized
by a reduction in the average price in return for the
assumption of risk by the consumer.
The energy cost may be broken down into:
- Fixed Cost, on which he cannot act.
- Variable Cost, on which other beneficial contracting
formulas can be negotiated by Acuamed.
Acuamed currently has 145 electric supply points
throughout its facilities, 25 of which account for 99%
of consumption. These supply points total 146 MW of
the installed capacity. Since four years ago, Acuamed
contracts energy from 100% renewable sources. The
electricity supply contract awarded by Acuamed, in
52
addition to grouping all supply points into a single
batch, which optimizes the purchase, also includes a
number of requirements in the flexibility of demand so
as to achieve significant savings in energy costs, taking
advantage of the ability of many of the infrastructures
managed by Acuamed, such as desalination plants, to
modulate their consumption and concentrate it during
the hours when the price of energy in the electricity
market is lower.
Looking ahead to 2014, and in order to adapt to the
new structure and regulation of the electricity market,
Acuamed works to change the contracting system of
this energy, which will join together various forms of
purchasing energy.
Energy Efficiency Plan
Throughout 2013 Acuamed has created a “Strategic
Energy Saving and Efficiency Plan 2014-2017” which
was approved by Acuamed’s Board of Directors in early
2014. This impulse by the Company’s management
body demonstrates the management’s commitment
to improving the Company’s energy efficiency, whose
development instrument is the said plan.
The plan’s overall objective is to make Acuamed a
leader in savings and energy efficiency in the water
sector at national level, in compliance with European
Directive 2012/27/UE, and achieving that its energy
management system, a reflection of Acuamed’s
commitment with sustainable development, is
recognized with the ISO 50001 certification.
This strategic objective is divided into two specific
goals: improving energy efficiency by 10% and
establishing in the Company a culture of analysis
and continuous improvement of energy processes. In
order to achieve these specific objectives, six lines of
action have been established with specific measures
to structure the guiding model of the Company’s
works in this matter. When planning these lines, the
experiences accumulated to date by Acuamed on
energy efficiency were taken as the starting point,
unifying them under the overall objective pursued
with this strategic plan.
Each line of action includes a set of measures that
should be completed over the same time horizon to
achieve the desired overall objective. These lines of
action are as follows:
• Development of an energy efficiency control system
through continuous monitoring and recording of
the specific energy consumption.
• Establishing an internal procedure to create energy
reviews and proposals to improve facilities.
• Improved processes linked to the purchase of energy.
• Modernization and optimization of the water
treatment line in desalination plants by using more
efficient technologies.
• Improved performance of the distribution pumps.
• Efficient management of energy consumption in
office buildings
Annual Report 2013
53
3.3 Performance Indicators
Production and Management of Water
Both in desalination as well as water transport and
distribution, the volumes managed or produced in
2013 have recorded significant increases with regard
to 2012.
Desalination
In desalination, the production of the five plants in
operation - Valdelentisco (Murcia), Águilas (Murcia),
Carboneras (Almería), Atabal (Málaga) and Marbella
(Málaga) - throughout the year has been above the
registers of 2012, with larger increases at the end of
the year.
Table 26: Volumes of water produced. Comparison between 2013 and 2012
Transport and Distribution
Water volumes transported and distributed in the
following infrastructures:
-Turia-Sagunto
- Rabasa-Fenollar-Amadoiro
- Negratín Almanzora connection
- Carboneras-Almanzora interconnection
Table 28: Volumes of water under management. Breakdown by use of transported/distributed water.
Table 27: Volumes of water produced. Breakdown by use
Purification and Reuse
Volumes of treated water, both drinkable
and wastewater reuse.
Table 29: Volumes of treated water. Comparison between 2013 and 2012
54
Annual Report 2013
55
3.4 R+D+i. Commitment to Innovation
A
cuamed’s operating activity will be developed
primarily in two large areas:
On the one hand, in infrastructures generating new
resources through desalination of seawater and, on the
other hand, in large transfers of inland surface water
between basins with a surplus and those with a deficit.
In this context, given the high dependence on
the technological development of systems for water
treatment and consideration of inland water as a
scarce resource, the need arose to develop a Strategic
Plan to guide the development of R+D+i in Acuamed
according to its needs in the medium term.
This plan must create an appropriate framework
so that the different research centers, universities or
companies with common interests with Acuamed in
innovation developments can find support to advance
these developments and that these ultimately result in
an economic benefit for the Company.
The Strategic Plan of I+D+i 2014-2017 should be
a reflection of Acuamed’s interest to participate in
the development of technological innovation that
could improve the service provided by the Company
and the management of the integrated water cycle,
considering it as a scarce resource. In addition to the
tangible benefit to Acuamed, it intends to promote the
investment in R + D + i in the water sector, which
would also cause an indirect benefit to this sector.
Acuamed’s involvement in innovation is summarized
in the three basic objectives of the Strategic Plan of
I+D+i 2014-2017:
1.Improving the management of the integrated water
cycle, through continuous innovation of efficiency
of Acuamed’s operations and commitment to the
diffusion of innovations developed.
2.Promotion of R & D+i in the water sector, taking
advantage of the unique opportunity in terms of
funding provided by the start of the Horizon 2020
Europe Program.
3.Making the transition from the current state of
innovation in the Company, characterized by isolated
individual projects and initiatives, to a defined
process with a structured portfolio of projects and
initiatives that seek improvement opportunities and
find innovative solutions for the Company’s needs.
In order to achieve these objectives, five lines of
action will be worked on with specific measures that
should guide the Company’s works in these matters:
• Improvements in desalination and membrane systems. • Development of tools and models to support
operational decision making.
• Improvement in quality and environmental
protection.
• Reducing losses in distribution and regulation.
• Establish internal procedures for the development
of Innovative Public Purchase Contracts (CPI) and
to regulate the participation in research consortia.
3.5 Main Actions in Environmental Issues
Preventive and Corrective Measures in Works
Water Allocation System from Cerro Colorado
Reservoir to the Valle del Guadalentín (Murcia)
In 2013, a project was implemented to make water
resources from the Valle del Guadalentín arrive at
the desalination plant of Águilas, from the existing
reservoir of Cerro Colorado.
For this, a characterization study of the Greek tortoise
populations (Testudo graeca) was first carried out
using specialized personnel.
This study was based on a preliminary survey to
determine the actual presence of this species and
establish measures to minimize their possible impact,
since the Greek tortoise is a sensitive species due to
their low mobility and escape response against clearing
and earthworks.
Several searches were conducted in order to find
specimens of Greek tortoises and to rescue them and
move them to places away from the works, but no live
specimens or biological remains of individuals were
found. Finding no specimens of the species, and since
the inventoried areas did not have a favorable and well
preserved ecosystem for their development, the scope
of the execution of the works was considered to have
a sparse density of Greek tortoises, although their
potential presence was not excluded, so preventive
measures were carried out to avoid the species
being affected (specific staking out, searches prior to
excavation, signaling and informational talks).
Supply on High from the Llosa del Cavall Reservoir
to the Regions of Solsonés, Anoia and Bages (Lleida
and Barcelona)
The construction works during this period focused
on the Drinking Water Treatment Plant (DWTP) and
Pumping Station and the control of the vegetation
restoration was undertaken in December 2012,
monitoring its status during the fall, after the summer
season had passed.
Rolling Works and Drainage of the Basin of the
Gallinera Watercourse (Valencia)
The rolling and drainage works of the Gallinera
Watercourse, in the town of Oliva (Valencia), namely
in undertaking a rolling mill and channeling for flood
prevention in this municipality, has required the
implementation of two specific projects with protective
and corrective measures for wildlife species. These
measures refer specifically to the habitat of the European
pond turtle (Emys orbicularis) and a pair of Bonelli’s
56
Annual Report 2013
eagles (Aquila fasciata). They had started in previous
years but are still current in 2013. Detailed below are
the steps taken and the work performed in 2013.
- Integration, Generation and Connection of Habitats
of European Pond Turtle (Emys orbicularis)
During execution of the works at the mouth of the
watercourse, the Protected Areas Service of the
Department of Infrastructure, Planning and the
Environment of the Generalitat Valenciana reported
the presence of a habitat of European pond turtles
(Emys orbicularis) in the area known as the Riuet del
Gorgs, which had been detected during an inventory
of wetlands in the Valencian Community.
Measures Applied
In coordination with the Protected Areas Service,
in order to harmonize the execution of the work with
the protection and improvement of this habitat, the
following measures were agreed to be applied:
• Determining the colony size of the European pond
turtle in Riuet dels Gorgs.
• Capture and quarantine of specimens by specialized
staff at facilities of the Generalitat Valenciana until
completion of the works.
• Protection during construction of the existing
wetland and adaptation and improvement of their
natural conditions.
• Creation of new wetlands, reproducing the natural
characteristics of the Riuet del Gorgs on the right
bank of the watercourse and connecting both areas
to expand the potential habitat of the European
pond turtle.
During 2013, works for the morphological
adaptation and re-vegetation of new wetlands were
carried out.
The colony of European pond turtles that is at the
quarantine facilities of the El Palmar fish farm, under
staff supervision of the Generalitat Valenciana, bred
in captivity this year, thus increasing the number of
individuals reintroduced in Riuet dels Gorgs after
completion of the works.
- Additional measures for the protection of a pair of
Bonelli’s eagles (Aquila fasciata)
The occupancy for breeding and rearing of a
nesting platform closest to the location of the dam
by a pair of Bonelli’s eagles at the beginning of
the works of the dam involves running additional
monitoring and protective measures to minimize
the effects on this pair.
57
Measures Applied
In coordination, as in the previous case, with the staff
of the Protected Areas Service, the following actions
took place:
• Capture and marking of the pair with a GPS device,
in order to know their range and identify possible
alternative nesting locations.
• Installing nesting platforms and priming these areas
to promote the use of these new platforms.
• GPS tracking of the pair during the period of work
to understand its behavior and set the appropriate
additional safeguards in work.
After the labeling of the pair in December 2011, the
GPS tracking began in January 2012. Soon afterwards,
the female died of causes unrelated to the activities
listed here.
After this episode, the male has continued to be
tracked in 2012 and 2013, with the measures relating
to the installation of alternative platforms not being
applied as it moved into the area between the towns of
Bocairent and Ontinyent.
During 2013, the transmission of the location data
obtained was maintained with the Protected Areas
Service of the Generalitat Valenciana.
Additional Measures Associated with Rolling and
Flood Control Works in the Basin of the Serpis
river (Valencia).
The presence of protected flora was detected in the
environment of the rolling dam for flood control
on the Vernissa river. More specifically, populations
of Biarum dispar (742 specimens) were found
which could be affected by flooding due to the
commissioning of the dam. This taxon is included in
the Valencian Catalog of Endangered Species of Flora
in the vulnerable category.
Given the evidence that some specimens of B. dispar
near the dam have already suffered some flooding
without appreciable effect on their vitality, and taking
into account that the ideal translocation method
of this species is unknown, a mass transplant of all
specimens was ruled out; however, since the response
of the plants to these two processes (periodic flooding
and translocation) is unknown, it is necessary to
determine the effect of flooding (hours submerged
and annual frequency of flooding) on the vitality of
the specimens of B. dispar (flowering, fruiting, leaf
number ...), as well as the viability of the specimens
translocated to an area outside any probable flooding.
Therefore, a life cycle of both study areas is being
undertaken to study the response of one and the other
group of individuals.
Measures in Desalination
Torrevieja Desalination Plant
In 2013, the integrated environmental authorization
was obtained for the Torrevieja desalination plant,
provided by the General Directorate of Environmental
58
Quality of the Generalitat Valenciana. In compliance
with the conditions included in this authorization,
continuous control equipment of the discharge was
installed. In parallel to the operating tests carried
out for the facility, measurement tests of these
autonomous conductivity meters were carried out to
control the saline discharge and avoid them affecting
the seagrass meadows.
Desalination and Additional Works for Marina
Baja. Municipal Area of Mutxamel (Alicante)
The expansion of pre-operational characterization
for the receiving environment of the discharge of
the desalination plant in Marina Baja (Mutxamel,
Alicante) was carried out aimed at obtaining the
integrated environmental authorization for this
facility. This study, as well as the conditions that will be
included in this authorization, aim to ensure that the
seagrass meadows present in the area are not affected.
Furthermore, the construction of the distribution
network for desalinated water from this plant to the
municipalities of San Juan de Alicante, San Vicente
del Raspeig and Alicante began.
the end of the year re-vegetation work was carried
out, focused primarily in integrating the reservoirs
(executed in height) by planting shrubs on the slopes,
while contributing to their stabilization, and defining a
visual tree screen along the perimeter of the reservoirs.
Elimination of Chemical Contamination from the
Flix Reservoir
In 2013, the dredging works for the contaminated
sludge of the Flix reservoir began once confined
in a sealed enclosure by piled walls for subsequent
decontamination treatment.
Following the decontamination, using different
industrial processes, depending on the contaminants
present in the material, the sludge is deposited in a
landfill for inert waste, built and fitted for this purpose
in the place of Racó of Pubilla, which will subsequently
be closed and integrated using landscaping.
Reuse Measures
Provision of General Infrastructures for Irrigation
with Reclaimed Wastewater from the WWTP of
Cerro del Águila and La Víbora (two actions)
The aim of this work is to provide reclaimed
wastewater from the WWTP Cerro del Águila and La
Víbora (Málaga) to different golf courses and public
gardens of the Costa del Sol, in order to reduce the
consumption of water from reservoirs and aquifers in
the area, responding to the water demands of these
facilities through improving tertiary treatment of the
aforementioned waste water treatment plants and
building the necessary pipeline networks.
These initiatives are carried out under the criteria
of Royal Decree 1620/2007 of December 7, which
sets up the legal fr amework for the reuse of treated
water, determines the requirements needed to carry
out the activity using reclaimed water and covers the
applicable mandatory minimum standards for the use
of these waters according to their uses.
The implementation of the aforementioned reuse
initiatives began in early 2013 and were completed
in 2014.
Flix Reservoir
Actions to Improve Environmental Quality
Water Quality Program for the Waters of the Ebro
Delta Feeding the Bays with Fresh Water from
the Irrigation Channels Phase I: Conditioning of
Irrigation Channels to Deliver Surplus to the Two
Bays (Tarragona)
The project aims to improve the ecological and
chemical status of the bays, which will impact directly
and positively on the quality and protection of the
Ebro Delta. This project involves the redirection of
the irrigation water from canals to the bays, when it
is no longer needed in the rice fields (they enter the
drying or seeding phase). This is one of the most
critical moments of the hydrological cycle and when
problems resulting from anoxia usually occur. Thus, a
significant volume of water is re-used, making fresh
water pass through the delta system.
The certificate of non-affectation on the Natura
2000 network of this project sets out that the
execution of the works must be carried out ensuring
that the periods of breeding and reproduction of the
species of nesting birds in the SPA “Delta de l’Ebre”
are respected. These, together with the area of high
ecological value in which it has worked (the Ebro
Delta, in particular, in the vicinity of the lagoons)
were the conditions that have prevailed in monitoring
the Environmental Monitoring Plan in this work.
So on the one hand, communication with the
management of the Ebro Delta Natural Park, as
competent authority, has been continuous, keeping
them informed at all times and in advance of the places
where we were going to work, so as to always have their
authorization and recommendations.
Furthermore, Acuamed’s Environmental Management
with the Environmental Assistance dismissed, while
already in work, the presence of protected species of
birds that may nest in the project area.
The work was monitored so that nesting periods
set out in the Natural Park authorizations to perform
the work in each of the actions was respected and,
accordingly, was adapted from the work plan.
Efforts to prevent the spread of “apple snail,” an
invasive species found throughout much of Northern
hemidelta channels, were also added to the execution
of this work.
Improvement Initiatives in the
Management of Water Resources
Reservoirs of El Cañuelo and La Redonda (Almería)
The work began in early 2013 for the implementation
of two groups of reservoirs to store both desalinated
water, as well as water from the aquifer and a mixture
of both, for subsequent distribution to the various
irrigation sectors of Campo de Dalías.
Thanks to the rapid completion of the works, at
Annual Report 2013
59
3.6 Projection to Society
Important Milestones in Actions to
Improve Environmental Quality
The green filter of Tancat of Milia in L’Albufera
of Valencia, gathers four species of endangered
waterfowl
Since its completion, the green filter of Tancat of
Milia, in the Valencian town of Sollana, takes in
specimens of a total of four waterbird species listed as
endangered species.
In particular, re-naturalised specimens of Marbled
Duck (Marmaro-netta angustirostris), White-headed
Duck (Oxyura leucocephala), Ferruginous Duck
(Aythya nyroca) and Red-Knobbed Coot (Fulica
cristata) can be seen in this area.
The green filter created by Acuamed has given rise
to a privileged environment where these and many
other animal species have found a quiet and secure
place to feed, rest and, in many cases, nest.
After the first re-introduction of six European
freshwater turtles in the filter, in June 2012, the
population has been strengthened throughout 2013
with the release of 12 new specimens, consolidating
the population of this species listed as vulnerable,
according to the catalog of the Valencia Threatened
Species of Fauna.
Also, eight specimens of Crested Coot (Fulica
cristata), endangered species according to the National
Catalog of Threatened Species, were released.
Collaboration Agreement with the Centre for Public
Works Studies and Experimentation (CEDEX)
This year, as part of the collaboration agreement with the
CEDEX (aimed at advice on the discharge of effluents
into the sea from desalination plants and wastewater
treatment plants, environmental monitoring programs
and discharge authorizations), works carried out have
focused mainly on the operation of the desalination
plant in Torrevieja.
Some of the case studies carried out in this regard were:
- Implementation of the mathematical model CORMIX
and CEDEX formulas to study dilution close to the
specific case of dumping at sea from the desalination
plant of Torrevieja, taking into account different
operational scenarios in terms of production rate and
different number of spray nozzles for evacuation into
the sea of reject waters from the plant.
-Estimated load losses of the terrestrial and
marine sections of the discharge pipeline of
reject waters, taking into account the operational
scenarios and calculating the height needed to
discharge using gravity.
Participation in Conferences and
Institutional Collaboration
National Congress of Environmental Impact
Assessment 2013 (CONEIA 2013)
Acuamed’s Environmental Office participated in the
presentation, by their technicians, of two papers at
the 7th National Congress of Environmental Impact
Assessment (CONEIA), held in mid-March in Oviedo.
Papers, which form part of the minutes book of the
seventh edition of CONEIA were:
-The environmental monitoring programs for
implementing desalination projects.
-
Environmental impact and techniques in
the emergence of unidentified impacts in the
evaluation process.
60
Annual Report 2013
04
Acuamed
wealth
Generation:
works status
2 0 1 3
4.1 General Information
“
The engineering and construction department
projects
and materilizes the implementation of the works planned
in the initiatives entrusted to acuamed by the ministry
of agriculture, food and the environment and carries
out the works to operate the facilities through three
regional offices. The works cover a wide range of types,
from plants for the desalination of seawater or brackish
water to environmental restoration of rivers, through
to the modernisation of irrigation systems, supplies,
waste treatment plants, and initiatives to improve water
quality or flood prevention.
The
engineering and construction department works
closely with the environmental department to ensure
acuamed’s commitment to environmental protection,
in compliance with the different state and regional
regulations in the matter. To do this, all works are
subject to a detailed environmental monitoring from
their start until their conclusion.
“
T
hroughout 2013, the Engineering Department
has continued the drafting and processing of the
projects for the initiatives assigned. The construction
work undertaken in previous years has continued,
with the execution of 132 works contracts. Ninetytwo contracts have been completed, nine of which
throughout this year. Of the remaining contracts, 33
were underway during 2013 and the seven remaining
ones were under drafting of the construction project,
expropriation of land or awaiting the signature
for the readiness for construction. Another seven
construction contracts were at tender stage at the end
of this year.
In the area of exploitation, throughout 2013 the
operation of the infrastructures already implemented
in previous years has continued and the exploitation
of four new actions has begun. Below is the list of all
initiatives in which there has been some engineering
and construction work, including a brief description
and their administrative status.
04. Acuamed Wealth Generation: Works Status
Associated Contracts
All of the Construction works are undertaken by
looking after technical, environmental and health and
safety features, with overall sustainability criteria. For
this, each initiative is associated with three assistance
contracts with specialist consulting firms, one for site
management, a second for the coordination of health
and safety, and the third on environmental issues, with
the latter being responsible for the environmental area.
Throughout 2013 there were thirty-five technical
assistance contracts for project management underway
and twelve consultancy and assistance contracts for
health and safety coordination. On the other hand, to
cover new works started this year four contracts were
awarded to assist the project management together
with another four draft projects.
65
4.2 Infrastructures in Operation
Hydrographic Demarcation of the
Andalusian Mediterranean Basins
Complementary Actions for Reuse of Waste Water
in the Campo de Dalías
The works involve the implementation of tertiary
treatment of the WWTP of Roquetas de Mar, El
Ejido and Adra, and the construction of pipelines
and pumps needed to later take water to end users.
In addition, a reservoir of loose materials has been
built to store reclaimed water that will be consumed
by the Community Irrigation of Sol y Arena. Works
underway.
Sewage Pipe La Ventanilla (Roquetas de Mar)
The works include the construction of a sewage pipe
of more than four kilometers in length for a peak flow
of 520.00 l/s.
The sewage pipe has been fully operational since
November 2009, solving the existing problems related
to the discharge of effluent from secondary treatment
from the waste water treatment plant of Roquetas de
Mar, which in summer periods discharged into the
watercourse due the lack of capacity of the existing
sewage pipe.
Pipeline from the Carboneras Desalination Plant to
Valle del Almanzora. Phase I
The purpose of the project is to define the necessary
works to connect the Carboneras desalination plant
with the future Bajo Almanzora desalination plant.
The line is divided into two sections, including the
Sopalmo deposit. Volumes to meet with the works are
15 Hm3/year.
With the works undertaken, water is taken from
the existing pipeline that carries treated water in
the IDAM of Carboneras, from its product water
reservoir to the Venta del Pobre reservoir, built with
welded steel pipes with a 1,400 mm diameter and an
impulsion of 18.4 km length
A connection in said pipe is made for the intake.
The pipeline starts from this point.
From the intake, the pipeline has a total length of
43.8 km welded steel pipe of 900 mm in diameter.
This pipeline consists of two sections divided by
a tank, called the Sopalmo tank as it is located in a
farmhouse with that name. The purpose of this tank is
to break a minimum load and to reduce the impulsion
length.
The first section of the pipeline is an impulsion to the
Sopalmo tank, using the current EBAP of Carboneras
which has proven its ability to meet its current and
future demands in the Venta del Pobre reservoir and
those of this infrastructure.
The length of this first section of pipeline is 14.4
km, divided by a surge tank in an initial stretch of
pure impulsion and 10.7 km long, followed by a final
66
section that reaches Sopalmo and is 3.7 km long.
In this first impulsions section, a 660 m long section
is highlighted where the pipeline goes into a tunnel,
excavated with a wall chaser and open shield and
covered by concrete pipe jacking 2 m in diameter.
The tank is made in situ from reinforced concrete,
which is rectangular with an inside measurement of
100 x 59 m and chamfered corners (trimming the last
5 meters of each side wall) to fit it into the ground
so that the foundations at these points are distanced
further away from the altered areas of the ground
where the foundations would have worse conditions.
The tank is divided into two compartments so that
inspection work, cleaning and any repairs are carried
out without interrupting service. No small walls are
provided to force internal circulation of water without
leaving dead areas as a total daily renewal is supposed.
Figure 4.2.1: Depósito de Sopalmo
Finally, from Sopalmo the water is carried by gravity
to facilities of Galasa and an irrigation reservoir
near to the Cuevas de Almanzora reservoir, but in
this Phase I, this gravity pipeline only runs until it
crosses the channel of the Almanzora river, near to its
emptying into the Mediterranean Sea, in a collection
box located within the site of the Bajo Almanzora
desalination plant leaving the rest of the pipeline for
Phase II.
This second section of pipeline has a length of 29.4
km and ends in a collection box on the left bank of the
existing channeling of the Almanzora river.
In the final collection box of the project there are
three blind flanges: one to continue with Phase II and
two in two deviations to connect to the IDAM of the
Bajo Almanzora, currently in its final testing phase.
This will allow water to be supplied from this IDAM
either through the future pipeline of Phase II or by the
gravity section of Phase I to Sopalmo, allowing this
section to be able to work in reverse.
Along the route, 10 collection boxes have been
arranged with a blind flange to connect to new
pipelines for future supply to the various tanks of the
villages next to the project: Carboneras, Garrucha,
Mojácar and Vera (beach).
The entry into service occurred in November 2011.
Volume distributed in 2013: 3,475,272 m3.
Annual Report 2013
Pipeline of the Carboneras Desalination Plant to
Valle de Almanzora Phase II
The works include the infrastructures needed to
continue the gravity pipeline of Phase I to the pipeline
linking the Carboneras desalination plant with the
future Bajo Almanzora desalination plant, up to a
new supply tank in the vicinity of the drinking water
treatment plant (DWTP) of Cuevas de Almanzora of
Galasa.
The origin of this new section is located in a
connecting collection box, also projected in Phase I, in
which three blind flanges had been planned, one in the
main pipeline to continue it in this Phase II and two in
two deviations to connect to the reservoir of the IDAM
of Bajo Almanzora and connect in turn to the pipeline
subject of this project, a pump from said IDAM.
The pipeline to the supply reservoir is made of
ductile iron pipe with a 900mm diameter. It is 15,087
meters long. The works carried out also include the
connection to an existing irrigation reservoir system in
the Community of Irrigators of Cuevas del Almanzora,
which originates in the PK 13 +488,6 of the pipeline
to the supply tank. The deviation to the irrigation
reservoir is also executed in ductile iron, with its length
being 300 meters. It has a 900 mm diameter.
The entry into service occurred in November 2011
and the volume distributed in 2013 was 3,475,272 m3.
Reuse of Waste Water in the Western Costa del Sol,
Mijas and Manilva WWTP
EThese works have been carried out according
to regulatory agreement for the financing and
operation of systems for tertiary treatment of the
waste water treatment plants of Manilva and Cala de
Mijas (Málaga) between the state-owned company
Acuamed and the trading entity Acosol SA, dated
November 22, 2006.
On September 2, 2009, the certificate of acceptance for
the works was signed, fixing that date as the beginning
of the exploitation of the works carried out at the Mijas
and Manilva WWTP for the purpose of applying the
tariffs and guarantees. For work done at the WWTP
of Estepona and Marbella on December 15, 2009, the
certificate of acceptance of the works was signed, fixing
that date as the beginning of the operation.
The works of the tertiary treatments executed
are intended to ensure necessary water quality as
required according to use, for this case in golf courses,
as provided in the RD 1620/07.
The works carried out have included the completion
of a tertiary treatment system at the WWTP of Manilva
and Cala de Mijas that can treat up to 12,000 m3/day.
These tertiary units comprise of a coagulation chamber,
flocculation chamber, micro-sieves with a 10 micron
mesh weight and ultraviolet disinfection equipment
ensuring disinfection lower than 10 coli/ 100 ml.
The production of La Cala de Mijas in 2013 was
450,538 m3 while in Manilva it was 760,121 m3.
Tertiary production is linked to the water needs of the
golf courses that it caters to.
Reuse of Waste Water in the Western Costa del Sol,
Estepona and Marbella WWTP
These works have been carried out according to
regulatory agreement for the financing and operation
of systems for tertiary treatment of the waste water
treatment plants of Estepona and Marbella (Málaga)
between the state-owned company Acuamed and the
trading entity Acosol S.A., dated November 22, 2006.
On December 15, 2009 the certificate for the
acceptance of the works was signed, fixing that date as
the beginning of the exploitation of the works carried
out at the WWTP of Estepona and Marbella.
The works carried out by tertiary units are intended
to ensure necessary water quality as required according
to use, in this case for golf courses, as provided in the
RD 1620/07.
The works carried out have completed a tertiary
treatment system at the WWTP of Marbella (La
Víbora) that can treat up to 520 m3/day. This tertiary
unit includes a coagulation chamber, a flocculation
chamber, micro-sieves of a 10 micron mesh weight
and ultraviolet disinfection equipment ensuring
disinfection lower than 10 colis/ 100 ml. In the WWTP
of Estepona (Guadalmansa), to ease the burden of
secondary treatment, a ballast lamellar settling has
been carried out, allowing water of adequate quality
to enter the existing tertiary unit.
Marbella production in 2013 was 426 549 m3 of.
Tertiary production is linked to the water needs of the
golf courses that it caters to.
Reuse of Waters of the Arroyo de la Miel WWTP
On December 15, 2009, the addendum to the
agreement of December 22, 2006 was signed which
covers the undertaking of “The General Infrastructures
for the Irrigation with Reclaimed Wastewaters from the
Arroyo de la Miel WWTP (1.2.g. 7) (TM Benalmádena)
“ between Acuamed and Acosol.
On April 12, 2012, the certificate for the acceptance of
the works was signed, fixing that date as the beginning
of the exploitation of the works.
The project consists of a pumping station, located on
the existing regulator tank for reclaimed water. It works
with vertical submersible pumps and four impulsions
to the irrigation sectors-especially golf courses.
The transfers of reclaimed water in 2013 have been
434,903 m3.
Operation of the Marbella Desalination Plant
On July 4, 2005 Acuamed signed a purchase and sale
agreement with the Association of Municipalities of
the Costa del Sol for the acquisition of the Marbella
desalination plant. This desalination plant has a
nominal capacity of 20 hm3 per year.
On October 27, 2011, the purchase contract for the
desalination plant was made effective.
The plant, whose purpose is to supplement the
supply to the Western Costa del Sol (Málaga), has a
production capacity of 56,400 m3 / d. Some elements
to be highlighted are:
• Open intake at -10 meters with a 2,000 mm diameter
67
PRFV pipe.
• Physical pre-treatment with 24 closed sand filters
and 16 cartridge filters.
• Chemical pre-treatment.
• 8 membrane housings.
• 9 Pelton turbines coupled to the nine high pressure
pump engines for the energy recovery of the rejected
water pressure.
• Post-treatment with lime, CO2 and sodium
hypochlorite.
Since it became operational in 2005, the plant has
produced a total of 48.5 hm3 of desalinated water to
the end of 2012. In 2013, it produced 2,130,598 m3.
Almanzora - Western Almería Connection Phase I
This pipeline starts from the Venta del Pobre reservoirs (2x 95,000 m3) and distributes the water from
the Carboneras desalination plant through the impulsion of the IDAM. There is a main pipeline and four
branches. Three additional reservoirs are also included, one at the end of the main pipeline and another
two at the end of the branches 1 to 4.
Main Pipeline:
It is carried out using a pressure pipe, whose type
is of reinforced concrete pipe with steel cylinder,
welded joint and the granular material wedge at 90º.
The inside diameter is 1,400 mm and the length
is 18,236 m. The design flow of 2.66 m3/sec and
working pressures range from 2 to 8 atm.
The service road along the pipeline has a minimum
section of 5.00 m width and allows quick access to
any point of the installation.
In all sections of the pipeline there are collection
boxes at each level change, located at different
distances depending on the needs of the terrain.
They are equipped with vent and drain equipment
depending on whether the design describes a
maximum or a minimum.
Throughout the entire main pipeline there are
remote stations equipped to allow the entire system
to be activated or controlled, and to communicate
with service points located in the different branches.
At kilometer 13 +294 of the general pipeline there
is an intake providing desalinated water to the tank
of the network supply of the municipality of Níjar.
Branches:
Interspersed in the main pipeline are four branches
that allow desalinated water to be carried to the
entire field of Níjar through the irrigation network
of the Community of Users of the Region of Níjar
(CUCN).
- Branch 1: Starts at km 3 +920 of the main pipe
line and ends on a water storage basin with 95,000
m3 capacity and a water depth of 9 meters. This
is a ductile iron 500 mm diameter pipeline with a
total length of 7,562 m.
- Branch 2: Starts at km 7 +874 of the main pipeline
and ends at an existing reservoir next to the Marsh’s
watercourse about 400 meters upstream from
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the A-7 highway. This is a ductile iron 500 mm
diameter pipeline with a total length of 1,487 m.
-Branch 3: Starts at kilometer 13 +694 of the
main pipeline and ends at an existing reservoir
in the vicinity of the A-7 at kilometer 481. This is
a ductile iron 500 mm diameter pipeline with a
total length of 465 m.
- Branch 4: This pipeline starts at the water storage
basin of the main pipeline located in the hamlet of
Inox and ends in a water storage basin of 89,000
m3 of capacity and 9 meters of water depth. This
is a ductile iron 600 mm diameter pipeline with a
total length of 8,858 m.
The Venta del Pobre reservoirs as the well as the
other three water storage basins are classified as
type C.
It entered the operational phase in 2005. The
users are the Níjar Town Council through the
joint venture with Emanagua and the Community
of Water Users of the Region of Níjar (CUCN). In
2013, the volumes delivered were 1.3 hm3 for supply
to Emanagua and 6.5 hm3 for irrigation to CUCN.
Operation of the Carboneras Desalination Plant
The desalination plant in Carboneras, with 42 hm3/
year production capacity and the technology of reverse
osmosis, began its operation in May 2005 being the
largest desalination plant in Europe at the time.
The desalination plant has an open inlet originally
located within the port of Carboneras at height
-15 m. In 2010 the intake was renovated, removing
it from the port and placing it at a depth of -35 m.
The original intake has remained in service, as an
emergency intake until the port is expanded with
a new dock, when it will be demolished. The plant
has a physical pre-treatment consisting of a lattice,
desander channels, pressure filtration on a bed of
silica and micro-filtration.
The chemical pre-treatment is a conventional
treatment with hypochlorite, acid, coagulant, bisulfite
and antifouling.
After the desander channels, the plant is set up in
two twin lines with a production capacity of 60,000
m3/day each. The plant has six frames through the
R.O. line with 10,000 m3 of daily production capacity
each. Prior to distribution, the water is post-treated by
direct injection of CO2 and whitewash.
Of the total production of the plant, 27 hm3 are
distributed through the impulsion to the Venta
del Pobre (24.5 hm3 for irrigation and 2. Hm3 to
supply the town of Níjar) and 15 Hm3 through the
Carboneras-Cuevas del Almanzora pipeline to supply
Eastern Almería.
The volumes produced and distributed in 2013 were
13.14hm3 and 12.9 hm3 respectively.
The annual electricity consumption in 2013 was
54,563,316 KWh.
Annual Report 2013
Impulsion Exploitation IDAM of Carboneras
This infrastructure allows the distribution of most of
the production of the Carboneras desalination plant
to the users.
The pumping station is located on the slope of the
north side of the outlet tank and allows desalinated
water to be propelled to the Venta del Pobre tank,
located in the axis of the Almanzora- Western
Almería pipeline.
The reservoir of the impulsion has a storage capacity
of 120,000 m3. It is made entirely of concrete, housed
in an egg excavated 100% with no filler, giving it a very
high security against breakage. An elastomeric gasket
with polyurethane coating was used to waterproof the
concrete joints.
The reservoir is covered by a sheet of special floating
polypropylene which prevents water contact with
the atmosphere given the proximity to the port of
Carboneras and the facilities of the coal power plant.
The building of the pumping station is rectangular
measuring 34x8.5 m. It contains 5 +1 vertical multistage pumps with displaced impeller. Each pump
can impulse 2,300 m3/h, giving a power of 2400
KW. Thus, the complete installation can transfer
up to 240,000 m3/day, maintaining a reserve pump.
The system is equipped with flow control valves,
flow meters, pressure transmitters, local CCM
for maneuvering, cathodic protection equipment,
etc… These elements are necessary for the proper
functioning of the entire system.
The control building is located in Cuestas de Trujillo
in the municipality of Carboneras and approximately
1 km from the desalination plant.
The water transport pipeline from the outlet of the
pump station to the point of delivery in the discharge
tank in the Venta del Pobre has a total length of 18.4 km
and consists of a1.400 mm diameter welded steel pipe.
The volume impulsed in 2013 was 11,280,084 m3
of which 7,804,812 m3 h were sent to the Venta del
Pobre reservoirs and 3,475,272 m3 through the
Carboneras,-Cuevas del Almanzora pipeline for the
public company Galasa.
The electricity consumption of the facility in 2013
was 7,976,045 KWh.
Images of the elements that make up pretreatment: sediment removal
channels (upper left), sand filters (lower left), microfiltration (upper center),
and storage deposits for sulfuric acid and sodium hypochlorite (right).
Operation of the Negratín-Almanzora Connection
This is 120 km pipeline in welded steel with a 1,200 mm
diameter linking the Pantano de Negratín (Granada)
with the Valle del Almanzora (Almería), ending in a
transfer control center in the municipality of HuercalOvera (Almería). Interspersed in this pipeline are seven
reservoirs in diversion (three of which are double) that
allow superb control capacity. There are also two power
plants that allow the generation of electricity using the
water jump in two points of the system, thus greatly
reducing the specific consumption of the facility whose
forte is the pumping station in the marsh itself.
The facility is designed to transfer a total of 50
Hm3/year, which is the existing concession at present,
of which 43 Hm3/year are intended for irrigation
through Aguas del Almanzora (a company created by
the Central Board of Users of the Valle del Almanzora
Panoramic view of the Carboneras desalination plant
69
to manage the facility) and 7 Hm3/year are intended
for supply.
It should be noted that these 43 hm3 allow 24,000
Has to be irrigated, which belong to 17 irrigation
communities integrated into Aguas del Almanzora.
Although historically the only user of the water
supply had been the public company Galasa, in
recent years the town of Olula del Río has also
benefited and soon, the town of Albox will also be
included. Currently there is no distribution based on
concessions from the old Andalusian Water Agency
of these 7 hm3 of water supply.
The facility starts with capture in the Negratín
Reservoir, with an impulsion along the slopes of Cerro
del Jabalcón and that ends in a system of regulation
reservoirs on its hillside (reservoir - 1).
From this point the pipeline starts again, all with
gravity. After crossing the Hoya de Baza and going
through the pass of Hijate (boundary of basins and
provinces), it descends to the Tíjola station, ending
with a hydroelectric plant (CH-1) and then another
system of regulating reservoirs and irrigation (reservoir
- 4). In the section there are also two sets of diversion
reservoirs, for regulation and irrigation (reservoir - 2
and reservoir-3).
In reservoir No. 4 a new section of pipeline starts that
goes up to the Los Manuels area in Huercal-Overa,
with a second hydroelectric power station (CH - 2)
and then another system of regulation reservoirs and
irrigation (reservoir - 6) . In the section there is also
another regulation and irrigation pool (reservoir- 5).
Finally from reservoir No. 6 another section of
the pipeline starts to Partidor del Saltador in the
Tajo-Segura Transfer. In the section there is another
regulation and irrigation pool (reservoir- 7).
Included within the facility are two mini hydro power
plants that generate electricity using the water jump at
two points. Specifically, they are the hydro power plant
of Tíjola, located in the municipality of Tíjola, with a
rated power of 5,320 kW and the hydro power plant
Los Manuels located in the municipality of HuercalOvera, with a rated power of 2,955 kW. These two
facilities are key to the viability of the facility.
Parallel to the pipeline, there is a network of 120 km
of optical fiber and 40 remote stations that allow the
entire system to be controlled, even remotely, from
the control building of the transfer located at the
crossroads of San Francisco in the town of El Saltador
70
in the municipality of Huercal-Overa. Integrated into
the control system is a set of IP cameras that allow
better control of the key points of the system, such
as the pumping building, located in the Negratín
Marsh (province of Granada), all and every one of the
reservoirs, the two hydroelectric power plants and
the control building itself.
A special mention should be made of reservoir No.
7, since due to its capacity (400,000 m3) it is classified
as type B and therefore has an emergency plan
implemented as it is considered a large dam. The rest
of the installation reservoirs are classified as type C.
The electricity consumption for pumping in 2013
was 81.77 GWh, while the production from the
hydro-power plants was 48.21 GWh.
The transferred volume in 2013 was 53,781,300 m3.
It was therefore the third consecutive year that the
transferred volume exceeds 50 hm3.
Exploitation of the Desalination Plant
of El Atabal (Málaga)
On November 30, 2000, a regulatory agreement for
the implementation and operation of the works for
water supply to the town of Málaga was signed with
the Municipal Water Company of Málaga (EMASA),
which is part of the desalination plant in El Atabal.
This facility was commissioned in February 2005.
Since its inception, it has produced more than 307
hm3 to supply the city of Málaga. In 2013, production
was 34.27 hm3.
The desalination plant facilities are located next
to the current site of the Drinking Water Treatment
Plant (DWTP) El Atabal, serving existing facilities
once refurbished as pre-treatment to the reverse
osmosis process.
The maximum daily output is 165,000 m3 of
osmotized water, with less than 250 mg / l salinity and
a conversion factor of 80%, which represents a water
use in the header of the DWTP of 206,400 m3/day.
The untreated water entering the plant header
comes primarily from the Guadalhorce reservoirs
(Guadalhorce, Conde de Guadalhorce Guadalteba)
where water entering for pre-treatment can have
as much as 6.47g/l. The water is distributed to three
settling tanks, where sodium hypochlorite, ferric
chloride (coagulant) and polyelectrolyte (flocculant)
is dosed. From here, the water is taken to the filtration
step made up of two lines, which have10 sand filters
Annual Report 2013
each, from where it is driven into the pumping tank,
consisting of 12 pumps each capable of raising 717 m3
to 5.7 Kg / cm2 pressure, which is enough to enter
into the next process, micro-filtration. This process is
composed of 10 cartridge filters, with 20μm effective
flow abs.
The reverse osmosis process is divided into a first
stage of high pressure pumping, in which 100% of
the water is propelled through 12 centrifugal pumps,
one per frame. It can raise 717 m3 / h with pressures
between 4.9 and 23.7 Kg/cm2.
In the second stage, booster pumps come in raising
the pressure to between 4.5 and 11 bars. Each one of
the frames holds 117 pressure boxes (68 in the first
+32 in the second) with seven membranes for each
box (700 membranes per frame).
To harness the energy that the high pressure reject
water holds, two turbines that can work with flow
rates between 432 and 864 m3 / h are provided as well
as a generator that can develop a power of 614 kW at
750 r.p.m. The desalinated water is stored in a water
tank with 500 m3 capacity. Using gravity, this water
is incorporated into the water distribution network of
the city once the after-treatment is completed.
On May 3, 2010 the treatment plant for sludge in
the ETAP of El Atabal entered into service. It treats
sludge from the settling produced by pre-treatment of
the plant.
71
Hydrographic Demarcation of the Segura
Desalination Plant of Campo de Cartagena.
Valdelentisco Desalination Plant
The project aims to implement the works of the
desalination plant for seawater with a production
capacity of 27 hm3/year (six reverse osmosis frames).
It has been extended with five additional frames and
has a maximum actual capacity of 50 hm3/year (11
frames) that allows supply to the region of Murcia
through the Mancommunity of the Canales del
Taibilla and urban supply for tourism-residential uses
in the Campo de Cartagena.
The Valdelentisco desalination plant became
operational in April 2008, having produced until
December 2012 a total of 52,039,944 m3. During 2013
the most important data of the plant’s operation were:
- Production: 17,628,495 m3
- Electricity consumption production: 68,464,764 kWh
- Electricity consumption production ratio: 3.88 kWh
- Electricity consumption impulsion: 16,188,833 kWh
- Electricity consumption impulsion ratio: 0.92 kWh
- kWh generated by the Francis turbine (brine): 611,256
kWh (1% of the energy consumed in production)
- KWh generated by solar photovoltaic installation
(covered): 1,307,272 kWh
- Net income through photovoltaic solar installation
production: 225,912 €
- Reagents:
Dispersant: 54,580 kg
CO2 remineralization: 458,965 kg
Lime remineralization: 495,520 kg
Ferric chloride: 39,499 kg
Sodium hypochlorite: 990 kg
Caustic soda (pH modification for boron <1 ppm):
165,746 kg
Hydrochloric, sulfuric, oxalic acid: 1,095 kg
- Sludge removed: 151,120 kg
- Filtration cartridges: 48 pc
- Osmosis membranes: 18 pc
Operation of the Águilas Desalination Plant
The project aims to define the works for a seawater
desalination plant by reverse osmosis with a
production capacity of 70 hm3 year. The initiative
includes the construction of the desalination plant,
facilities for collection and transport of seawater, a 25
kilometer network for the distribution, a regulation
reservoir for product water and a pipeline for
reject water. The desalinated water will be used for
irrigation by both the Águilas and the Pulpí and Bajo
Guadalentín communities, besides supplying the
Mancommunity of Canales del Taibilla and securing
supplies for the municipality of Pulpí.
On February 27, 2013 the “Certificate for the
completion of performance tests and acceptance
of works” was signed, with the plant from that date
entering the stage of operation and maintenance
stated in the contract. During the months of March
72
to December 2013, the most important data of
desalination plant’s functioning were:
- Production: 17,411,815 m3
- Electricity Consumption: 69,796,682 kWh
- Electricity consumption ratio: 4.01 kWh/m3 (includes
the impulsion to the various delivery points).
-Reagents:
Dispersant: 31,836 kg
CO2 remineralization: 654,905 kg
Lime remineralization: 633,568 kg
- Filtration cartridges: 0 pc
- Osmosis membranes: 0 pc
Distribution Operation of the Águilas Desalination
Plant
The operation and maintenance of the distribution
network of the IDAM of Águilas, including the Cerro
Colorado reservoir, is contained within the scope of the
contract (operation phase) of the desalination plant.
Operation of the Distribution Network.
The action involves the operation of distribution
works executed from the desalination plant. It allows
desalinated drinking water to be supplied for irrigation
and urban supply to part of the region of Murcia, (areas
of Sucina, Los Martínez del Puerto, Alhama and Fuente
Álamo, bordering and adjacent areas and to the north
of the Tajo-Segura transfer area.)
The distribution network of the Valdelentisco
desalination plant has impulsion and regulating
reservoirs to place the desalinated water at a height
of 290 m., distribution head of the hydraulic system,
pipelines of 100 km long and four annual regulation
reservoirs with a total volume of approximately 2.60
Hm3. Over 2013 the remote control facilities of the
distribution network and multiple connections to
multiple network users have been put into operation.
Improvement of the Water Quality for Urban
Supply from the Tajo-Segura Tálave – Cenajo
Pipeline. In Service.
The purpose of the work is to facilitate the contribution
to the Cenajo reservoir of the supply water from the
Tajo-Segura transfer and the floods of the high basin
of the Mundo river. A tunnel has been built for this
that is 7,513.67 m long and has a 3.50 m interior
diameter. This tunnel takes the water pipeline from
the Tálave reservoir to the water storage basin of the
Cenajo. The tunnel drains into a regulation reservoir
and from there a pipe has been built that empties into
the Cenajo reservoir.
Acuamed made available these facilities for
operation and maintenance on November 21, 2012
at the request of the Hydrographic Confederation
of Segura due to the “urgent operational needs of
the header reservoirs”. The facilities were put into
operation in December 2012.
Between February 26, and March 11, 2013, 5,788
Annual Report 2013
million m3 were transferred through the pipeline. The
day when most water was transferred was on March 4,
with a total of 480,000 m3.
Hellín Supply (Albacete)
The WWTP of La Losilla in Hellín had become
obsolete and had limited treatment capacity.
The purpose of these initiatives is to improve the
reliability and security of the supply and the quality
of the water supplied to the town of Hellín. With that
in mind, a DWTP has been built to treat water at a
flow rate of 850 m3 / h. The works also include two
tanks of 5,000 m3 capacity and connection pipelines
to the existing drinking water supply networks in the
municipality of Hellín.
In February 2010, the Town Council of Hellín signed
the transfer protocol for the use of the facilities, which
then passed to be operated by the company managing
the integrated water cycle in the town. During 2013,
2,600,000 m3 of drinking water was produced, with a
consumption of 1,140,000 kWh (0.43 kWh/m3).
Hydrographic Demarcation of the Júcar
Albacete Supply from the Aqueduct of the TajoSegura Transfer
In order to avoid over-exploitation of the aquifer of
the Eastern Mancha, Albacete’s supply source, an
intake has been built in the Tajo-Segura aqueduct
with a capacity of 1 m3 / s of water from the Júcar
river. Through a pipeline that is approximately 13 km
long, the water is taken to the DWTP of Albacete,
which is located next to the header tanks used for
water distribution to the city.
The basic data of the facility, designed for a continuous
flow of 1.0 m3/s for the year, are:
• Work on the aqueduct intake of the Tajo-Segura
transfer
• Regulation reservoir of 980,000 m3 capacity placed
in the vicinity of the transfer channel, fed by 470
meter long gravity pipeline.
• Pumping station to raise the flow through an
impulsion of 11,310 meters long to the untreated
water regulator tank of the DWTP.
• Untreated water tank capacity of 21,600 m3, located
in the vicinity of Los Llanos.
• Drinking water treatment plant sized to treat a
continuous flow of 1.0 m3/s running 24 hours a day.
• Treated water tanks of 50,000 m3 total capacity
divided in four interconnected bodies of 12,500 m3
each.
• Pumping station to raise the flows, through a second
impulsion of 752 meters long, up to the current
supply tanks to Albacete.
• Electrical and auxiliary facilities.
The facilities are in operation since 2003.
Production during 2013 has been 12,815,680 m3.
The main consumptions are as follows:
• Chlorine gas: 38,757 Kg
• Coagulant: 186,245 Kg
• Carbon dioxide: 174,542 Kg
• Flocculant sludge: 1,475 kg
• The electricity consumption has been 3,693,002 kWh
Waste sludge generated has been 1.022 T.
The only user is the Town Council of Albacete.
Denitrification Plant of L’Eliana. Completed
The main objective of the work is to provide the town
of L’Eliana two types of water, one suitable for human
consumption, meeting the high quality requirements
of Royal Decree 140/2003, and that for irrigation,
with the requirements needed for this use.
The plant has a capacity of 4 Hm3/year using a
reversible electrodialysis procedure. It also includes a
collection network from the wells and a distribution
network that separates.
Infrastructures for Hydroelectric Use in the
Reservoir of Cortes II. Completed
The initiative includes the modification of Section
I of the old section of the Júcar - Vinalopó pipeline
as a reversible hydroelectric pumping line. For this,
a pumping station has been built in the reservoir of
Cortes for a flow of 10 m3/sec at a total manometric
height of 523 meters. The works also include an
impulsion section to the balance chimney and a
stretch of pipeline using gravity to the regulation
reservoir with 550,000 m3 capacity.
Elevation of Waters from Rabasa to Fenollar.
This work aims to ensure the supply of the regions of
L’Alicanti and Marina Baja, where an overexploitation
of aquifers is occurring.
The water supply system to the Marina Baja
(Alicante) consists of two pumps, connected with a
series of associated pipes, which allow water to be taken
from the facilities of the Mancommunity of the Canales
de Taibilla, in Rabasa (Alicante) to the AmadorioBenidorm pipeline, belonging to the distribution system
of the Consortium for Water Supply and Sanitation in
the Marina Baja. This system allows the water from the
Júcar river, which comes from the reservoir of Alarcón,
to reach the Marina Baja through the Tajo-Segura
aqueduct, the Taibilla canal system and the pumping
system of Rabasa-Fenollar-Amadorio. This pipeline,
managed by Acuamed, includes infrastructures for
the elevation of waters of Rabasa to Fenollar and the
73
Fenollar-Amadorio pipeline.
The Ministry of the Environment commissioned
Aguas del Júcar, S.A. (now Acuamed), the construction
and operation of the elevation of waters of Rabasa
to Fenolla, which connects the storage facilities of
the Mancommunity of Canales del Taibilla located
in Rabasa (Alicante ) with the Fenollar tank of the
Fenollar-Amadorio pipeline.
Moreover, as provided in the Direct Management
Agreement and as specified in section A3 of its
addendum , the Ministry of the Environment
attributed to Aguas del Júcar, S.A. (now Acuamed)
the maintenance and operation of the facilities already
built (Fenollar-Amadorio pipeline) for the supply of
waters to the Marina Baja. The construction works
were carried out by the Hydrographic Confederation
of Júcar, under the emergency declaration of April 17,
1996 and December 20, 1996, with the receipt of the
works occurring on February 25, 1999. On August 4,
2000 the certificate of the acceptance of these facilities
from the Hydrographic Confederation of Júcar to
Aguas del Júcar, S.A was signed.
Since 2000 Acuamed operates and maintains these
two infrastructures that make up the pipeline to
supply the Marina Baja (Rabasa-Fenollar-Amadorio).
Currently this pipeline is in service supplying water
to the municipality of El Campello.
The volume supplied to El Campello in 2013 has
been 1,032,674 m3 (1.03 hm3).
The energy consumption of the year 2013 at the
Rabasa and the Fenollar pumping stations has been
752,462 kWh (52,675 kWh for Rabasa and 699,787
kWh for Fenollar), having pumped 94% of the energy
consumed in P6. Note the excellent use made of the
energy periods. An energy management system is
carried out in the facility avoiding the operation of the
equipment during the tariff periods in which the cost
of energy is higher.
Turia-Sagunto Pipeline
The Turia-Sagunto (Valencia) pipeline comprises of
the water supply facilities to the Sagunto area (area
of Camp de Morvedre), with a maximum pipeline
flow of 900 l/s. The system that Acuamed manages
is basically composed by an intake in the Júcar-Turia
Canal, a pumping station in Paterna and a regulator
tank of 150,000 m3 in Sagunto, connected by the
corresponding pipelines. The initiative is estimated to
benefit more than 120,000 users. The execution of the
work was under the responsibility of the Hydrographic
Confederation of Júcar, according to Law 14/1987, of
July 30, declaring them of public interest. A flow of 1
m3/s is reserved from the regulation of the Cabriel river
in the Contreras reservoir. In July 2000 the campaigns
for water supply to the city of Sagunto began, and in
August 4, 2000 the certificate of acceptance of the
facilities from the Hydrographic Confederation of
Júcar to Aguas del Júcar, S.A. (currently Acuamed)
was signed.
The Hydrographic Confederation of Júcar, under
the emergency declaration dated March 31, 2006 and
in accordance with Article 72 of the Consolidated
Law on Contracts of Public Administrations (Royal
Decree 2/2000 of June 16) built a pumping station at
the mouth of Júcar-Turia Canal, by the Turia river,
which allows Sagunto to be supplied with water from
the Turia river. The fundamental purpose of the
works undertaken was the construction of a pumping
station, and all its ancillary works, consisting of two
pumps of 22 kW that allow the transfer of a flow rate
of 250 l/s each, from the Turia river to the Júcar Turia Canal, in order to guarantee supply to Sagunto
in an emergency.
The main user is the Town Council of Sagunto.
The volume supplied to Sagunto during 2013 has
been 8,422,897 m3 (8.4 hm3).
The energy consumption of the year 2013 in the
pumping station of the Turia-Sagunto pipeline has
been 1,921,205 kWh, having pumped 68% of the
energy consumed in P6. Note the excellent use made
of the energy periods. An energy management system
is carried out in the facility avoiding the operation of
the equipment during the tariff periods in which the
cost of energy is higher.
4.3 Works Underway
Hydrographic Demarcation of the Andalusian Mediterranean Basins
Desalination plant and complementary works in El
Campo de Dalías. Works underway.
The works include the construction of a desalination
plant with an annual production of 30 hm3 that
may be extended to 40 hm3, as well as the necessary
regulation works and distribution of the desalinated
water. In addition to the treatment building and the
marine works to capture seawater and release the
generated brine, the desalination plant is made up
of a general distribution network that includes an
impulsion system, a regulation reservoir of 25,000 m3,
and a gravity pipeline system of more than 30 km. By
December 31, 2013, 53% of the project was complete.
Desalination plant and complementary works for
El Campo de Dalías. Improvement of the irrigation
infrastructures of the Central Board of Users of
West Almería. Works underway.
This project aims to improve the water transport
network for agricultural use within the influence area of
the Sol y Arena Irrigation Community, largely in areas
where the main network is made up of open air canals.
The works of this project consist of the pipelines
and auxiliary elements for the regulation, protection,
and control necessary to transport the three types of
water used to the reservoirs and later to mix them
in the load and finally carry out delivery to the coowners. By December 31, 2013, 49% of the works
were completed.
Complementary works at El Campo de Dalías
desalination plant. El Cañuelo and La Redonda
ponds (Almería). Works underway.
This project includes the construction of five
irrigation ponds that allow regulated and cheap
use of desalinated water from the Campo de Dalías
desalination plant, which when mixed in the right
proportions with water from the aquifer will increase
the volume and quality of water available for the
irrigation of greenhouses in the area. The amount of
water taken from the aquifer, currently declared to be
overexploited, will therefore be reduced.
Construction began on January 22, 2013 and the
work is being carried out according to the approved
deadlines and budgets. By December 31, 2013, 90% of
the works were completed.
Desalination plant in lower Almanzora.
New desalination plant in lower Almanzora.
Works underway.
The works consist of the construction of a desalination
plant with an annual production of 15 hm3 (extendable
to 20 hm3) on the left bank of the Almanzora river
(Cuevas de Almanzora municipality, Almería), as
well as discharge and loading pipelines in the land
74
Annual Report 2013
and marine areas, a work of mixed intake using 6
beach wells and one collection with open intake, the
intake tower of which is located 1 km from the coast,
in addition to product water storage elements, for a
total volume of 84,000 m3. Complementary works
include a product water pumping station to deliver
water through the pipelines from the Carboneras
desalination plant to the Almanzora valley, as well as
a pipeline connection to the regulation pond of the
Cuevas de Almanzora municipality plant, which is
located next to the IDAS in Palomares.
Linking the deposits from eastern Almería to the
Almanzora valley (Almería) with the pipeline of the
Carboneras desalination plant. Works underway.
The work includes individually connecting the major
deposits of the GALASA supply network with a
pipeline that joins the Carboneras desalination plant
to the lower Almanzora desalination plant. A total
of 19 deposits are supplied by means of 11 branches,
five of which are already completed. By December 31,
2013, 26% of the works were completed.
General infrastructures for irrigation with
recycled waste from the Waste Water Treatment
Plant (WWTP) at Cerro del Águila (Málaga).
Works underway.
This project aims to provide recycled waste water from
the WWTP to the various golf courses and public
gardens in the towns of Mijas and Fuengirola. In
addition to reusing the water from the Cerro del Águila
WWTP, an infrastructure has been designed to connect
it with La Cala de Mijas WWTP, allowing the use of
recycled water from either source indiscriminately.
The project will develop five pipelines and a
regulation deposit to allow the recycled water to
be directed to the different points of consumption.
Additionally, the project includes a series of initiatives
to improve the existing treated water deposit, where
the main branch starts.
Construction began in March 2013. By December
31, 2013, 74% of the works were completed.
General infrastructures for irrigation with recycled
waste water from the WWTP of La Víbora (Málaga).
Works underway.
The aim of the project is to provide recycled waste
water from the Víbora WWTP to different golf
courses and public gardens in the towns of Mijas and
Marbella (Málaga). In addition to the distribution
network, an extension of the tertiary treatment plant
at the WWTP is planned in order to double the
current capacity of recycled water to achieve a total
capacity of 26,500 m3/ day.
Construction began in March 2013. By December
31, 2013, 51% of the works were completed.
75
Reuse of waste water in the city of Málaga. Tertiary
treatment of the WWTP at Peñón del Cuervo.
Awarded.
The works consist of the implementation of tertiary
treatment at the WWTP of Peñón del Cuervo (Málaga).
The intake work is carried out in the outlet channel for
secondary decanting and the header pump is reached
via a line for tertiary treatment. The adopted solution
consists of two lines of treatment of 110 l/s each,
carrying out the civil works of each line, and the use of
electromechanical equipment in one of them.
Aljaima pipeline to the El Atabal water treatment
plant and complementary works. Completed.
A pipeline from the Aljaima weir to the El Atabal
WWTP allows water flow from the Guadalhorce river
Hydrographic Demarcation at Segura
Desalination plant to guarantee irrigation of the
Tajo-Segura transfer (Torrevieja desalination
plant). Completed.
The project aims to carry out the works of the
desalination plant for seawater, which uses a reverse
osmosis process and has an annual capacity of 80
Hm³. The water generated is directed to three points
of consumption: the Campo de Cartagena canal, La
Pedrera irrigation pond, and a new deposit to supply
the Tabilla Canals Association, located in the town of
Jacarilla. The works include the desalination facilities,
water intake using a concrete box attached to the dam
west of the Torrevieja port, 21 kilometers of pipeline
for product water distribution, two pumping stations,
and the outlet pipe. In January of 2012, the act to
redefine the works was signed for the occupation of
the Public Domain of the Port and the marine area
construction of the intake and discharge pipelines
as well as the collection building attached to the
dam west of the Torrevieja Port. By the end of 2012,
system and remote management testing in the plant
had begun. In 2013, system and operation testing was
carried out.
Land restoration project of the San Roque district,
associated with the construction of the desalination
plant to guarantee irrigation at the Tajo-Segura
transfer. Torrevieja (Alicante). Works underway.
The project aims to carry out improvements on
infrastructures of the district, an area in which seawater
intake and waste water discharge pipelines run. To
this end, plans include the renewal and underground
routing of the street lighting system and repositioning
of sidewalks and asphalt paving of the streets, in order
to improve security and accessibility. The curbs and
pedestrian crossings have been designed to eliminate
76
to be collected for treatment at the water treatment
plant in El Atabal. The ultimate purpose of this
resource is urban water supply to the city of Málaga.
It involves a 21-kilometer pipeline measuring 1600
mm in diameter, with a nominal transport capacity of
2 m2/sg. As complementary works, a second pipeline
runs alongside the last 7 kilometers of the first pipeline,
making up the first section of the line between the
Pilones Drinking Water Treatment Plant (DWTP)
and El Atabal DWTP, which will allow the two water
treatment plants in the city of Málaga to be connected.
Approval of both works was signed on February 23,
2013.
architectural barriers, which will make it easier to see
older and handicapped persons as well as facilitate
their movement. By December 31, 2013, 90% of the
works were completed.
Water allocation system from the Cerro Colorado
reservoir to the Guadalentin valley. Section 1.
Works underway.
The purpose of the project is to define the infrastructures
that will cover water allocations for irrigation in the
Alto Guadalentín valley. Geographically, the works
are located in the Alto Guadalentín valley in the
municipalities of Lorca and Puerto Lumbreras, which
is near the Murcia-Almería border.
The project determines the layout and dimensions
of the pipeline originating in the Cerro Colorado
reservoir, which forms part of the Águilas/Guadalentín
desalination plant project, and leading to the different
intakes of the Irrigation Community of Puerto
Lumbreras and Lorca established along the Alto
Guadalentín valley. The project also includes defining
the intakes and the control and management systems
for a centralized operating system. The project was
approved in December 2011. The works were tendered
in 2012. They were awarded in May 2013 and the act to
redefine the works was signed on July 31.
Section VI. Distribution network of the Cañarico
branch of the Valdelentisco desalination plant.
Completed.
The aim of this project is to expand the water
distribution network of the Valdelentisco desalination
plant (Murcia) through a branch running close to the
town of El Cañarico, which will supply the Alhama
irrigation area. The branch is designed to measure a
total length of 3,001 m with a diameter of 500 in soft
casting. The works were completed in 2013.
Annual Report 2013
Works and facilities of the remote management and
remote control systems of the water distribution
network of the Valdelentisco desalination plant.
Completed.
The aim of the initiative is the construction and
implantation of a remote management and remote
control system for the distribution network of the
Valdelentisco desalination plant, including the 4
reservoirs of the network. The system consists of a
control center located in the pumping station for
treated water from the Valdelentisco desalination plant,
an extensive network of automated stations connected
by WiMax technology and complemented by devices
for measuring and control, valves, and hydraulic
instrumentation for the more than forty user intakes, as
well as electric lines to feed outbuildings and switches.
The works were carried out in 2013.
Extension of the Mojón desalination station for
brackish water and collectors (Murcia). Awarded.
The aim of the planned work is to build collection and
pipeline works for untreated brackish water destined
for the desalination plant in El Mojón, as well as the
pipeline for treated water from the plant to the Campo
de Cartagena canal. At the same time, plans have
been made to expand this plant with two new lines
of desalinated water production with a unit capacity
of 5,400 m3/day, which will attain a plant capacity of
4 Hm3.
Modernization of the hydraulic infrastructures for
irrigation in the main channel in Molina (Murcia).
Completed.
The project aims to carry out the modernization
works required for localized automatic watering in
the traditional irrigation areas of the Segura high
plain, between the Ojós dam and La Contraparada,
within the Heredamiento area of the main channel
of Molina de Segura. The facilities considered are
only those needed for overhead supply up to the
header reservoirs in the different irrigation sectors.
The project has a total of 4 reservoirs, 8.35 km of
impulsion pipeline, and 10.5 km of main pipeline. The
works were completed in 2013.
Stormwater interceptors in the northern and
western districts of Cartagena. Completed.
The aim of the works is to carry out flood prevention
initiatives and improvements on the basic sanitation
network of the northern and western districts of the
city of Cartagena.
The three initiatives listed in this project consist of
a network of unit collectors that exclusively collect
rainwater run-off and carry it to the storm tanks.
These storm waters are discharged by gravity in some
cases (Initiative 1 and some collectors of Initiative 2).
In other cases (tanks from Initiatives 2 and 3), they
are pumped to the Benipila watercourse, thus saving
the barrier effect of this channeling. The works were
completed in 2013.
Environmental recovery of Segura between Ojós
and Contraparada. Municipal districts Alguazas,
Molina del Segura, Torres of Cotillas, Lorquí, Ceutí,
and Archena. Confirmed and accepted.
Works are aimed at the environmental recovery of
the section of the Segura river between Ojós and
Contraparada in different municipal districts. In
this way, an attempt has been made to encourage the
inhabitants to rediscover with the world of the river
system and allow them to benefit from
its landscapes and historical-cultural patrimony, to
maintain the collective memory of the river and to
improve the quality of life in the region.
Conditioning of the Benipila Watercourse in
Cartagena. Completed (given to the city council for
use and maintenance)
The project involves extending the existing channeling
in the Benipila watercourse as it passes through the
town of Cartagena by about 3 km, with the aim of
reducing the risk of flooding in an area historically
affected by floods.
Two semicircular bridges have also been constructed
to create a roundabout to distribute traffic, in addition
to a service road in parallel with the watercourse.
Conditioning of the Canteras Watercourse in
Cartagena. Completed (given to the city council for
use and maintenance).
The final section of the Canteras watercourse runs
through an urban area of Cartagena and empties
into the Benipila watercourse. The works carried
out in the present initiative improve safety against
floods by linking of the final section of the Canteras
watercourse with the Benipila watercourse through
the establishment and consolidation of the banks and
riverbed of the channel.
Environmental rehabilitation of Azarbe Mayor.
Completed (confirmed and approved).
The works of the WWTP pipeline of East Murcia to
Azarbe Mayor are constructed of reinforced concrete
pipe measuring 3,394 m in length with diameters of
between 1,200 and 1,500 m. The pipeline runs from
the WWTP of East Murcia to Azarbe Mayor, passing
through the Rincón de San Antón site, the hamlet
of Llano de Brujas, and the Cabecicos area before
reaching Azarbe.
Environmental recovery of the San Jerónimo
Watercourse in Caravaca de la Cruz. Completed
(given to the city council for use and maintenance).
This initiative to condition the banks and riverbed
of the channel aims to integrate the waterway into
the urban section and rehabilitate the area, which is
progressively deteriorating. With this aim, channeling
of the San Jerónimo watercourse has been carried out
over approximately 1,200 meters, a riverside walkway
has been built, and urban furniture has been installed
along its route.
77
Conditioning of the Mula river in Albudeite. Completed (given to the city council for use and maintenance).
This initiative aims to prevent damage that could be
caused by the overflow of the Mula river channel as
it passes through Albudeite. With this aim, masonry
channeling has been constructed in the urban zone,
with protective groins of rock fill in the remaining
sections, which allow drainage of up to 980 m3/s. It
is 35 m wide and in the center there is a low water
channel measuring 4 m which is able to hold volumes
of up to 3 m3/s.
Hydrographic Demarcation of the Júcar River.
Desalination and complementary works for Marina
Baja (Alicante). Mutxamel solution (Mutxamel
desalination plant). Completed.
The works include the implementation of a seawater
desalination facility using the reverse osmosis process,
which currently has a nominal production capacity
of 18.5 hm3/year, as well as electromechanical
equipment, civil works, urbanization, pipelines for
seawater and brine, and the replacement of pavements
and services affected.
Strengthening the drinking water supply network
in the towns Mutxamel and Campello (Alicante). In
tendering process.
The aim of the works is the construction of necessary
infrastructures for overhead distribution from the
Mutxamel desalination plant to the towns of Mutxamel
and Campello. The works are currently under public
bidding.
Complementary works of the Mutxamel desalination
project in the municipalities of Alicante, San Juan,
and San Vicente del Raspeig (Alicante). Works in
operation.
A project has been drafted for overhead distribution
from the Mutxamel desalination plant to the towns of
Alicante, San Juan, and San Vicente del Raspeig. This
project was approved in early 2011. Due to the variation
in economic conditions of each town, the decision was
made to divide it into 2 parts to accommodate the
budget. Division 1 was developed, then approved by the
Ministry of Agriculture, Food, and the Environment in
mid-2012, bid on, and awarded. Work began on the
project at the start of 2013. By December 31, 2013, 72%
of the works were completed.
Oropesa del Mar desalination plant and
Complementary Works. Works in operation.
The aim of the project is to construct the desalination
plant at Oropesa del Mar and carry out complementary
works to be installed in Cabanes. This plant will be
capable of producing a volume of 21.50 Hm3/year. The
works include collection, a desalination plant, a brine
78
New Júcar Vinalopó pipeline. Sections A/B/C/D/E.
Completed.
The main aim of this pipeline is the transference of
surplus flows from the lower reaches of the Júcar river
to the headwater basin of Vinalopó. The works for the
new Júcar-Vinalopó pipeline began in Cullera, on the
right bank of the Júcar river, immediately upstream
from La Marquesa dam, and connect with Section
V of the previous layout. A maximum of 80 hm3/
year can be circulated. The 78-km layout comprises
siphon and tunnel pipelines, regulation reservoirs,
and pumping stations.
discharge system, and product water pipelines. By
December 31, 2013, 94% of the works were completed.
Moncofar desalination plant and complementary
works. Works in operation.
The aim of the project is the construction of a
desalination plant with a daily production of 15
Hm3/year. The works include a seawater intake
and pumping station, a desalination plant, brine
water discharge pipeline into the sea, pumping of
the product water to Moncofar and to the Chilches
deposit, and distribution pipelines. By December 31,
2013, 96% of the works were completed.
Oropesa Benicasim pipeline. Works in operation.
A project has been drafted for overhead distribution to
the town of Benicassim from the Oropesa desalination
plant, as this town was incorporated after the drafting
of the plant project and the distribution pipelines.
This project was approved at the end of 2012. Works
in operation (the act to redefine the works was signed
on December 2, 2013).
Regulation works to refill the winter surplus of the
Belcaire river. Completed.
The aim of the works is to refill the aquifer with winter
surplus from the Belcaire river. The following has been
constructed: a diversion dam, an intake line, a storage
reservoir with a capacity of 2 hm3, and the pipelines
for refilling from 2 wells.
After completing the works, bidding was made on
the contract to implement the emergency plan and
the later put it into operation.
Reuse of waste water in the Sueca WWTP. Completed.
The aim of the works is to improve the management
of waste water from the Sueca WWTP by expanding
the existing facilities and reorganizing the purification
system. Predicted initiatives are the following: work
status of the following: expansion of the Sueca WWTP,
reuse impulsion, and green filter in the vicinity of
Estany de la Plana. Works finalized in 2011. Currently
in the phase of operation and maintenance of the
infrastructures.
Annual Report 2013
Júcar-Vinalopó pipeline. Sections V/VI/VII.
Completed.
The initiative includes Sections V, VI, and VII of the
Júcar-Vinalopó pipeline, which has been observed to
be unaffected by the intake change. The works include a
pipeline of more than 10 km (Section V) that connects
Section E with a 20-hm3 reservoir, an occupied area of
1.384 km2 and a perimeter of more than 4 km (Section
VII), as well as a connection between the reservoir and
the Alorines power station by means of a pipeline of
just under 8 km (Section VI).
Management and completion of the reuse of waste
water from the Pinedo plant (Valencia). Green filter
pilot plant and pumping station on the Turia river.
Works underway.
The projected works consist of the construction of a
green filter pilot plant to test the efficiency of the posttreatment of the water purified by the tertiary of the
Pinedo WWTP and thus ensure that the water sent to
Albufera complies with the quality parameters set out
in the study for sustainable development in terms of
the trophic state of the lake.
This contract has been carried out and is in operation
for one year.
Management and completion of waste water
reuse from the Pinedo plant (Valencia). Section
I of the Catarroja-Benifaió pipeline. (PK 0+000 a
3+236.276) Section II of the Catarroja-Benifaió
pipeline (PK 3+236.276 a PK 14+595.40). Works
underway.
The initiative aims to carry treated water from the
Pinedo WWTP to the point of consumption. The
line to distribute product water is divided into two
sections and also includes the construction of a
pumping station (with capacity of up to 4 m³/s) and a
control building. In addition, a series of minor works
is also planned, including valve manholes, anchors,
remote control, the replacement of services affected,
and environmental integration.
It is currently in operation as part of the works
corresponding to Section II, the last connection with
Royal Channel of the Júcar river. Pending tests jointly
with the entire impulsion.
Reuse of purified waste water from L’Albufera Sur
(Valencia). Works underway.
The aim of the works is the construction of tertiary
treatment at the South Albufera WWTP and pipelines
to carry this treated water to be reused for agricultural
or environmental purposes, such as clean water supply
to the bodies of water in L’Albufera Natural Park.
In addition to the tertiary treatment, the initiative
includes a network of collectors and corresponding
pipelines, a green filter at Tancat de Milia occupying
30 ha, and an irrigation pond.
Works partially completed in 2011. Currently in the
phase of guarantee period, which includes operation
and maintenance of the infrastructures.
Modification of the Favara channel and rainwater
interception system in the western collection area.
Phase I. In operation.
The main aim of these reference works is to try as
much as possible to reduce the eutrophication of
L’Albufera by preventing run-off from the existing
unit collectors, as well as the initial water from rain
run-off that is normally highly contaminated, from
reaching the lake.
The adopted solution allows for the interception
of each and every channel and pipeline of the east
collection area that may be supplying contaminated
water and, using new collectors that are sensitively
parallel to the current ones, carry the intercepted
waters to the deposits where the necessary processing
and regulation is performed. These six (6) deposits are
located on the east side of the V-31 highway (Pista de
Silla) and have been proportioned, with a total volume
of 100,000 m3, to retain and to regulate the run-off
from the most contaminated branches of the west
collector. Although a certain number of them will
still be produced when the system reaches capacity,
the most contaminated part of the events will be
retained in the deposits. In this way, the current west
collector continues to act as a collector of residual
water, contaminated water, or sewage. A control of
the system is ensured by remote control and control
devices situated in the retention deposits.
The works are 60% completed.
Major repairs and automation of the main channel
of Campo del Turia. Division 1: Section: BenagéberLoriguilla siphon. Division 2: Section: Loriguilla
siphon-end of the canal. Completed.
Since there are various problems that impede the
optimal functioning of the channel, two projects have
been developed to resolve them. The works of the
first section include the construction of a new bypass
weir downstream from the Benagéber dam for the
modification of the intake works, the modification of
the Romeno drain, the works downstream to support
the Tiñoso siphon, and a tunnel over 1.5 km long,
among other initiatives. Section 2 includes works
and repairs to tunnels and the open air channel, the
79
drainage, conditioning, and marking of roads and
accesses, the installation of remote operation and
remote control, and the repair and maintenance of
regulation works.
The works were completed, received in March 2013,
and confirmed by the CHJ.
Sagunto Desalination plant (Valencia). Completed
and received.
The aim of the project is the construction of a seawater
desalination plant located in the town of Sagunto
(Valencia) with an annual production of 8 Hm³. The
works include the following initiatives: pumping from
the supply container, impulsion pipes, desalination
plants using reverse osmosis, and brine output.
Works received on October 31, 2013.
Complementary works for the Sagunto desalination
plant (Valencia). Works underway.
The aim of the works is to construct a distribution
network for the water produced by the Sagunto
desalination plant. The works include the following
initiatives: pumps from the existing deposit in the
desalination plant and three impulsion pipes, a deposit
with a 10,000-m3 holding capacity, and an associated
pumping station with three impulsion pipes. Works
began in July 2013.
Lamination and improved drainage of the Gallinera
river basin (Valencia and Alicante).
Works underway.
The work involves creating a set of measures to
mitigate the effects of annual floods and allow drainage
without flooding with a ten-year return period in the
Gallinera watercourse. Structural projects include
the construction of the Oliva dam in the Gallinera
watercourse, partial channeling and conditioning of
the Gallinera watercourse with improved drainage of
the flood-prone area, and diverting flood water from
the Alfadalí canyon to the Gallinera watercourse by
means of a new channel for transferring through the
Alfadalí canyon as it passes through Oliva.
Currently, the planned projects in the channels are
near completion; the phase for excavation of the Oliva
dam is underway. By December 31, 2013, 51% of the
works were completed.
Infrastructures for flood prevention in the middle
basin of the Serpis river. Works underway.
The proposed works aim to increase the level of
protection against floods in the middle basin of the
Serpis river. For this aim, the following initiatives have
been considered: the Terrateig dam, defense against
erosion at Llocnou de Sant Jeroni, defense against
flooding at Rótova, a new bridge at Rótova, defense
against erosion at Rótova, walkway demolition and
defense against erosion in Beniarjo, and diversion at
Piles-Serpis.
Works near completion.
Defense and environmental modification of the
middle basin of the Serpis river. Confirmed and
accepted.
The purpose of the initiative is to carry out works
for the defense and environmental modification
associated with flood control projects in the middle
basin of the Serpis river (Valencia). These works are
located in the town of Gandía.
The initiatives include defense works against floods,
overall cleaning of the project area, treatment of
existing vegetation, a low water channel, a pedestrian
walkway, and environmental modification of Las
Ambrosías park.
Flood prevention works in the Benimodo ravine
(Valencia). Confirmed and accepted.
The aim of the project is to prevent floods in the
Benimodo ravine. The total length of the works,
conditioning, and regeneration of the channel is nearly
seven kilometers. Two sections have been planned
for the works: a mixed breakwater, geocell and earth
section, and a concrete section. As complementary
works, the construction of six structures on the
channel has been planned to allow the repositioning
of the existing roads and a service road along the 7-m
wide channel.
Hydrographic District of the Ebro River
Conditioning of irrigation channels to deliver
surplus to the two bays (Tarragona). Completed.
The works include different projects in the channels of
the Ebro delta, new infrastructures, and conditioning
of existing infrastructures, all with the aim of creating
a system that allows a fresh water supply from
different irrigation infrastructures (channels and
water drainage) directly to the coastal lagoons and
bays, thereby improving quality and the ecosystem.
Construction of coastal protection and settling
wetlands (Tarragona). Completed.
The works include the construction of two surface flow
wetlands in which a series of chemical, physical, and
biotic processes improves the quality of water from the
agricultural fields before it drains into the bays.
Dredging of canals and providers that link
the coastal lagoons with the bays (Tarragona).
The aim of these works is to increase the useful volume
of the providers by dredging them, and facilitating
water renewal between the lagoons and bays. The
works consist of dredging six providers: five in the
south hemi-delta and one in north hemi-delta, with a
total volume of 163,785 m3.
Once the works are carried out, geomorphological
and soil restoration will be take place.
New pumping station in the area of El Castillo.
Town of Amposta. Awarded.
The aim of the works is to construct a pumping station
to transfer water at a rate of 4 m³/s from the Ebro river
to the irrigation channel of the General Irrigation
Community of the right-hand side of the Ebro. This
project provides new hydraulic infrastructures to
guarantee supply to the General Irrigation Community
and continuously contribute to the renewal of water
from Alfacs bay and L’Encanyissada and Tancada
lagoons.
Program to implement a network of environmental
indicators at the Ebro delta. Completed.
The aim of the initiative is to determine the degree,
size, and frequency of existing problems in the
Ebro delta, in addition to the state of conservation
of the ecosystems, by implementing a network of
environmental indicators. With these infrastructures,
it will be possible to obtain a precise understanding of
the situation in order to take the appropriate measures
to reduce the existing problems.
Elimination of chemical contamination from the
Flix reservoir. Works underway.
The Flix reservoir contains some 800,000 m3 of
sludge discharged by the chemical industrial activity,
the site of which is on the right bank, originating in
the early 20th century. The works include extraction,
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Annual Report 2013
processing, and transport of sediments to a controlled
deposit. The initiative also includes emergency works
for supply to the Water Consortium of Tarragona and
for the town of Tortosa.
By December 31, 2013, 57% of the works were
completed.
Land restoration plan corresponding to works
for the “Elimination of Chemical Pollution from
the Flix Reservoir”. Finalized, in operation, and
awarded
The project includes 44 works in a collaboration
agreement among the Ministry of Environment,
Rural, and Marine Affairs, the Council of
Environment and Housing of the Generalitat de
Catalunya, and the Catalan Water Agency to fund,
program, and implement the initiatives needed to
ensure water supply to the towns included in the land
restoration plan within the project, with the purpose
of eliminating chemical pollution in the Flix reservoir.
In 2013 four works were completed, and there are
now a total of 10 completed works. Three works are
currently underway, and in the last quarter two other
works have been bid on.
Comprehensive restoration of the riverbank forest
in the section between Tortosa and the river mouth
(Tarragona). Completed (confirmed and approved).
The aim of the work is to establish a continuous strip of
riverbank forest on the right bank of the Ebro river. The
initiative involves the elimination of existing elements
in the project area as well as those incompatible with
the purpose of the works, restoration of the riverbank
forest, a network of paths, and various walkways with
different lights.
Complete restoration of the riverside forest in
the different chosen areas upstream from Tortosa
on river islands and the riverbank (Tarragona).
The aim of works is to carry out the necessary
initiatives to restore natural values and minimize the
current impact on the following areas: Aubadera and
the riverbank facing Subarrecs island (town of Mora
dÉbre), the riverbank forest of Les Illetes and that
facing Miravet island (town of Miravet), downstream
and upstream from the Xerta pier (town of Xerta),
the river beach of Aldover (town of Aldover), the
riverbank from the Tivenys pier to the beach of the
weir (town of Tivenys), Audí island and the facing
shore, Xiquina beach, and the Jesús riverbank (town
of Tortosa).
Restoration of different wetlands in the flood plain
The aim of these works is to carry out the necessary
initiatives to restore the natural values and minimize
the current impact on the Marjal de Campredó
wetlands on the left bank of the Ebro and Los
Ullals de la Carrova on the right bank. The planned
initiatives include restoring the degraded slopes,
81
control of native vegetation, restoration of riverbank
vegetation, the creation of a tourist itinerary and
building informative platforms, wooden stairs, waste
bins, benches, directional signs, informational signs,
and parking lots.
Construction of fish ladders in the Xerta weir
The works include the construction of a new fish
ladder located on the ramp next to the old mill. The
works are outlined in four sections: preliminary
works, construction of groins and underpinning of
the weir, construction of the ladder, and finishing
works.
Xerta: Interpretative centers of the Ebro river
and environmental integration of leisure areas
on the bank of the river (Tarragona). Completed
(confirmed and approved).
The aim of the project is to create an interpretative
center, by rehabilitating and repurposing the former
railway station, featuring various topics related to the
Ebro river in the town of Xerta.
Works also include improvement of the surrounding
area and the design of interpretive content related
to the different systems of irrigation, water use, and
water exploitation. Included are an exhibition, an
audiovisual presentation on DVD, a model of the
geographical area of Xerta, a series of experiments
on the effects of hydroelectric power, a visitor’s guide,
and teaching material.
Mora dÉbre: Interpretative centers on the Ebro
river and environmental integration of leisure areas
on the bank of the river (Tarragona).
The aim of the works is to create an interpretative
center using a pre-existing building, the ground floor
of a municipal property. The center will present various
topics related to the Ebro river in the municipality
of Mora d’Ebre. The following are needed for the
interpretive center: an auditorium with a capacity for
102 people, with a screen for audiovisual projection,
an exhibition room, a small storage room, and public
toilets.
Aldover: Interpretative centers of the Ebro river
The aim of the project is to create a completely new
interpretation center presenting various topics related
to the Ebro river in the municipality of Aldover. It also
includes the design of interpretive content related to
the ecosystem of the riverbank forest (an exhibition,
audiovisual presentation on DVD, a diorama of the
riverbank forest, a geographical model of the Aldover
area, a series of experiments on the effects of erosion and
82
river transport, a visitor’s guide, and training material)
as well as modification of the surrounding area.
Tivenys: Interpretative centers of the Ebro river
The aim of the project is to create an interpretative
center, by adapting and extending one level of the
exhibition center building, that will present various
topics related to the Ebro river in the municipality
of Tivenys. In addition, the works include the design
of interpretive content related to the ecosystem
of the riverbank forest, including an exhibition,
an audiovisual presentation on DVD, a series of
aquariums, a model of the geographical area of
Tivenys, an exhibition on fishing equipment, a visitor’s
guide, and teaching material.
Extension of the outlet collectors of the Alguaire
WWTP. Completed (confirmed and approved).
The aim of the project is to define the work required
for the construction of an outlet connector for the
WWTP in the town of Alguaire. This collector will
discharge into the Reguer Gran channel, thereby
eliminating the possibility of contaminating crops
irrigated with water from Reguer de la Mitjana since
waste water is always circulated in parallel with the
channel without interfering with it.
Overhead collectors and the WWTP in Horta de
Sant Joan. Completed (confirmed and approved).
The aim of the works is to provide the municipality
of Horta de Sant Joan with a treatment system for
the urban waste water it generates, thus avoiding the
discharge of untreated water into the ravines. The
planned works include a network of floor collectors, an
impulsion section that connects the northeast pumping
station with the network of existing collectors in the
southwest area, a sand cleaner and degreaser using
compact equipment, biological treatment by prolonged
aeration, a sludge line, gravity thickener with a sixmeter interior diameter, and a centrifugal dehydrator.
Ulldemolins WWTP. Works underway.
The aim of these works is to implement a waste water
treatment plant to treat the waste water produced
by the municipality of Ulldemolins. The predicted
stages of treatment will be pre-treatment, biological
treatment, and sludge treatment. The works also
include inlet and outlet collectors.
WWTP and overhead collectors in Térmens and
Menárguens. Works underway.
The aim of the works is to build the Térmens and
Menárguens WWTP as well as overhead collectors
and a pumping station.
Annual Report 2013
WWTP and overhead collectors at Sant Jaume
DÉnveja. Works underway.
The aim of the project is the construction of the
WWTP at Sant Jaume D’Enveja and the overhead
collectors that carry the water to it.
WWTP at Bellver de la Cerdaña. Completed
The aim of the work is to build an overhead collector
to carry sewage from the center of Pi to the Bellver
WWTP in addition to the works required to connect
to the sludge trap at the entrance of the plant. The work
has been divided into the following areas: collector,
civil work, connection to the sludge trap, manholes,
and drop shafts.
WWTP and overhead collectors at Alcoletge. Works
underway.
The works involve the construction of a network of
collectors, a pumping station, and a WWTP in the
center of Alcoletge in the province of Lleida. The
treatment plant will have pre-treatment, two inner
secondary decanters to the biological reactors, and
sludge treatment.
Internal Basins in Catalonia.
Llosa del Cavall supply network. Calaf-Igualada
section. Works underway.
The aim of the works is to construct the hydraulic
infrastructures necessary to bring drinking water to
Igualada as well as to intermediate diversions. One of
the diversions includes the section of network supply
to Solsonés, Anoia, and Bagés. In addition to the
supply pipeline, the project includes the extension of
the drinking water station that uses water taken from
the reservoir.
The works are near completion but have been
suspended, jointly with the section that supplies
the regions of Solsonés, Anoia, and Bagés, until the
drinking water station, which treats water taken from
the Llosa del Cavall reservoir, is operational.
completed.
Supply from Llosa del Cavall. Section of Llosa
de Cavall to Solsonès, Anoia, and Bagés. Works
underway.
The works include the necessary hydraulic
infrastructures that correspond to the overhead supply
to the regions of Solsonès, Anoia, and Bagés from the
Llosa del Cavall reservoir. The project includes intake
works in the reservoir of the Llosa of the Cavall, a
pumping station, a drinking water treatment station,
pipelines for the main and secondary branches, and
the building of a breakage and distribution deposit.
The works are underway and near completion. The
drinking water treatment station that uses water taken
from the Llosa del Cavall reservoir, which is currently
operational, will become operational together with
the Calaf-Igualada section.
completed.
83
4.4 Projects
Andalusian Mediterranean Basins
Hydrographic Demarcation at Segura
Desalination and complementary works for El
Campo de Dalías. Supply pipeline to Adra (Almería)
This initiative guarantees that the water demand of
the population of Adra and that of agricultural use in
Vega de Adra will be met. It will improve water quality
by promoting the development of agricultural activity
in La Vega and thereby drive the economic and social
engines of the municipality of Adra. The construction
project and the corresponding study of environmental
impact were publicized in June 2013, and the project
is awaiting approval and the mandatory declaration of
environmental impact.
Land restoration in the district of San Roque and
the marine front of Torrevieja associated with the
construction of a desalination plant at Torrevieja.
Access to Acequión beach.
The initiative consists of building a promenade along
Acequión beach, located inside the port of Torrevieja
(Alicante), which will serve as a transitional area
between the urban and beach areas.
It includes urban remodeling of all the adjacent
streets to this beach and building a pedestrian walkway
to save the Acequión channel. It is currently in the
phase of contracting services to draft the project.
Drainage tunnel to the Sapo pond (Almería).
On January 19, 2011 an agreement was signed between
Acuamed and the Andalusian Water Agency to draft
and finance a project corresponding to works on the
drainage tunnel of the Sapo pond. The initiative is to
define the infrastructure needed for the rapid and
controlled drainage of the Sapo pond in order to
prevent flooding of the riverbank populations, when
there is flooding, while at the same time maintaining
its current configuration of wetlands.
After signing the agreement, Acuamed tendered a
bid for the drafting of the aforementioned construction
project.
In 2013 the following works were carried out:
analysis of existing information, drafting of a study
of alternatives, analysis and development of the final
solution adopted, and the start of environmental
processing of the construction project.
Alicante
Land restoration in the San Roque district and
the waterfront of Torrevieja associated with the
construction of a desalination plant in Torrevieja:
corresponding to the area from Náufragos beach to
Mar Azul in the town of Torrevieja (Alicante).
This initiative includes the continuation of the
Acequion promenade towards the south, conserving
the west dock.
It involves treatment of the waterfront for
approximately 2000 m consisting of remodeling of the
seafront promenade, a wooden walkway supported
on rocks in the sections where no space is available for
the path, and a three-meter wide agglomerated resin
ballast footpath in the remaining areas. This initiative
is completed by placing streetlights in the promenade
and at the end of the adjacent streets and footpath
markers, as well as installing separation walls on the
promenade.
In 2013 drafting of the project was completed.
Land restoration in the district of San Roque and
the waterfront of Torrevieja associated with the
Alicante. Pedestrian walkway urbanization at the
west dock.
To carry out the intake and discharge pipeline works
for the Torrevieja desalination plant, an extension
of the west dock was made. This initiative includes
the urbanization of this extension, consisting of a
12-meter wide pedestrian walkway paved with stones,
and wood in areas with pergolas, railing on both sides,
pergolas, electricity to supply lampposts, drinking
water to supply fountains, benches, and waste bins. In
this way, the extension of the dock is integrated into
the urban area of the waterfront. The construction
project was approved by the Ministry of Agriculture,
Food, and the Environment on October 28, 2013.
The work was bid on and is pending award.
84
Annual Report 2013
Land restoration in the San Roque district and
the Torrevieja waterfront associated with the
Conditioning of the end of the west dock.
This initiative involves the continuation of the
urbanization of the west dock pedestrian walkway.
It consists of extending this walkway to the end of
the dock and building a platform with an unobstructed
view of the sea.
It is currently in the phase of contracting services to
draft the project.
Murcia
Land restoration project associated with the
construction of the new Águilas/Guadalentín
desalination plant. PRT 1: Pedestrian walkway on
the Cañarete Watercourse.
The aim of this project, which is part of the land
restoration project of the new Águilas/Guadalentín
desalination plant, is the development of a pedestrian
walkway near the mouth of the Cañarete watercourse.
The selected structural typology is a lightweight wideflange beam. A structure with visual transparency
is thus obtained. This allows the view of the sea
and surroundings without overly emphasizing the
structural form, which is instead integrated into the
line of the sea horizon. The absence of intermediate
supports allows the drainage characteristics of the
watercourse to remain unaltered, and the minimal
edge obtained because of the typology, the use of a
suitable material, and the spaces that lighten the beams
all permit the structure to be integrated naturally into
the urban coastal site.
In 2013 the construction project was drafted and at
present it is awaiting administrative processing.
Land restoration project associated with the
construction of the new Águilas/Guadalentín
desalination plant. PRT 2: Road conditioning
This project, included in the land restoration project
associated with construction of the new Águilas/
Guadalentín desalination plant, consists of the
conditioning of two roads near the desalination works:
El Camino de Los Melenchones, from the ring road
RM-D24 to its intersection with the AP-7 freeway,
and the access road to Collado de la Fuente del Pobre,
which is to be conditioned and paved with asphalt.
In 2013 the construction project of the works was
drafted. At present the project is awaiting administrative
processing.
Pipeline project of the Águilas desalination plant
for the irrigation community of Puerto Lumbreras
(Murcia).
This initiative is aimed at connecting the distribution
network of the Águilas desalination plant with the
irrigation network of the irrigation community of
Puerto Lumbreras in order to correctly manage the
new water resources from the desalination plant.
A planned intake reservoir, in which water from
Cerro Colorado flows in by gravity, sends water
by impulsion to the future Beatas reservoir to be
operated by the irrigation community. The initial
project was approved in July 2013 by the Ministry. As
requested by the irrigation community, some changes
have been made, and consequently the new project
was presented to the Ministry in October 2013 and
is pending approval before proceeding to the bidding
process of the works.
Almería
Distribution pipeline project for the irrigation
community of Pulpí (Almería).
The planned works aim to improve the integration and
optimization of the resources of the new desalination
plant in Águilas with the main distribution system of
the Pulpí irrigation community.
This system is made up of three community reservoirs
that serve as headers for the distribution network:
Benzal, Capellanías, and Gorreta. They play a role in
storing water and providing enough pressure so that
the water distribution is done by gravity, without the
need for pumps. The following works are involved:
• Section of connection pipeline between the entrance
and exit of the Gorreta reservoirs.
• Section of pipeline to reinforce the irrigation zone.
Benzal-Capellanías branch.
• New pipeline connecting the Negratín pipeline with
the Benzal reservoir.
• New Medrano reservoir, with a capacity of some
98,000 m3, connected as an offshoot with the
aforementioned line.
After finalizing the drafting of the project and the
file for public consultation, a favorable environmental
impact statement was obtained. At present, the project
is on hold until the needs of the Pulpí irrigation
community are determined.
Supply to the coastal area of the municipality of
Pulpí (Almería).
The works included in the project involve for the most
part a pipeline that allows water from the ÁguilasGuadalentín desalination plant to be carried to the
new deposit in the coastal area of Pulpí, thus ensuring
a drinking water supply to the area.
This line, which originates in the supply tank of the
second step of the impulsion to the Guadalentín Valley,
will be positioned at a height of approximately 225, in
El Cabezo del Agua, municipality of Águilas, province
of Murcia. The end point of the line is a regulation
reservoir of 20,000 m3 located in Pilar de Jaravía, in La
Loma de los Grajos, at an elevation of 100.
85
Murcia
Water allocation system for the irrigation
community of Lorca from the pumping station and
Los Elviras II reservoir (Murcia).
The works include the construction of three new
storage reservoirs and a connecting pipeline of welded
DN1000 steel measuring 416 m in length, which will
connect to the pipeline of the Puerto Lumbreras
irrigation community that originates in the Cerro
Colorado reservoir.
It also includes the construction of a control center
in Purias (Lorca) for the operation and control of the
irrigation areas with the water supply provided by this
project. The characteristics of the reservoirs are the
following:
-Los Elviras II reservoir: To regulate and store the
volumes from the pipeline of the Puerto Lumbreras
irrigation community while at the same time drive
water to the other two reservoirs (Cabezo de los
Trigos and Riscos Negros) by means of a pumping
station built next to the reservoir.
Usable volume: 51,433 m3. The pumping station
consists of two pumps for each reservoir to be
supplied. For Cabezo de los Trigos the pumps have
been designed for a flow rate of 200+200 l/s and a
manometric height of 55 m. For Riscos Negros the
pumps provide a flow rate of 300+300
l/s and a manometric height of 100 m. The path
from the pumping station to the reservoirs is
constructed of C25 ductile cast iron pipes, one of
DN700 measuring 2,249 m in length and the other
of DN800 and 3,451 m in length.
-Cabezo de los Trigos reservoir: Supplied by
impulsion from Los Elviras II. Usable volume:
50,028.10 m3.
-Riscos Negros reservoir: Supplied by impulsion
from Los Elviras II. Usable volume: 65,143.50 m3.
In 2013 the drafting of the project was completed.
It was sent to the Ministry of Agriculture, Food,
and the Environment on December 9, 2013 to begin
administrative processing.
Supply from Puentes to the Lorca irrigation
community.
The project consists for the most part of installing
pipes in the Aguas Claras canal using a DN-1200
pipeline in the usable area. By using the energy
created by the position of the Puentes reservoir, water
can therefore travel to the Alfonso Botía reservoir for
regulation, with sufficient height, and this allows it to
86
be distributed by gravity to the remaining irrigation
zones. The works include:
- Intake works in the Puentes reservoir
-Installment of pipeline in the Aguas Claras canal:
Total length of 8,248 m. A PRFV DN-1200 PN10-12.5-16 pipe (SN2500 nominal rigidity) with
the necessary grafts for the installation of auxiliary
elements such as vents, intakes, drainage, etc. will
be installed in the canal. To fill the canal, a granular
filling composed of smooth washed aggregate of 1224 mm will be used throughout the usable area. The
surface will be covered with a 300 gr/m2 geo-textile
sheet and a 30-cm artificial ballast layer, which will
serve as an outer skin and cover the key above the
pipe by at least 60 cm.
- Sectioning, control, and entry to the Alfonso Botía
reservoir
-Widening of the pipeline for irrigation at Las
Riberas dn-600: installing pipelines in the 2,129-m
long channel using PEAD (PE-100) DN 600 PN-6
pipes. The filler to be used in the channel is the same
described in the Aguas Claras project.
In 2013 the drafting of the project was completed.
It was sent to the Ministry of Agriculture, Food, and
the Environment on December 27, 2013 to begin
administrative processing.
Júcar River.
Large-scale repairs to the Fenollar-Amadorio
pipeline
The Fenollar-Amadorio pipeline, which is 40 km long
and 800 mm in diameter in most cases, was built by
the Hydrographic Confederation of the Júcar river in
1999 to supply Marina Baja (Alicante) in situations
of drought. Currently, it provides services to El
Campello.
It is made up of a reinforced concrete pipeline with
steel metal sleeves measuring 800 mm. It works at
high pressures and is heavily exposed to sulphates,
and consequently experiences failures and breakage
on a regular basis.
In 2013 a study and diagnosis were made. Several
alternatives were evaluated in order to guarantee water supply to users of the pipeline.
Supply system from the Cenajo reservoir to the
Taibilla Channels Association (Albacete y Murcia)
This is the second phase of the general project to supply
water from the Tajo-Segura transfer to the DWTP, the
first phase of which was the Tálave-Cenajo tunnel.
The aim of this initiative is to carry supply water via
a pipeline from the Tajo-Segura transfer (130 hm3/
year) to the DWTPs, thus avoiding contamination
and loss of volume along the Segura river. The project
is divided into sections (9 in total), all of which were
tendered and awarded with the exception of intake
works at Cenajo.
It consists of a trunk pipeline that transports water
from Cenajo to the DWTPs near Murcia, a branch to
supply the town of Moratalla, and another branch to
Altiplano to supply Jumilla and Yecla. It totals 145 km
of pipeline with diameters that vary between 2,300
and 800 mm, with a hydraulic tunnel of approximately
5,400 m long and 3.50 m in diameter, and a DWTP
with the capacity to treat 4.15 m³/s.
The construction projects are completed.
Annual Report 2013
87
05
Annex:
Annual
accounts
2 0 1 3
5.1 External Audit Report
91
KMPG Auditors
Edificio Torre Europa
Paseo de la Castellana 95
28046 Madrid
Audit Report of Annual Accounts
To the sole shareholder of
Aguas de las Cuencas Mediterráneas, S.A.
We have audited the annual accounts of Cuencas Mediterráneas, S.A. (henceforth, the
Company), which include the balance on December 31, 2013, the profit and loss account,
the state of changes in net equity, the state of cash flow, and the report corresponding to
the financial year ending on the aforementioned date. The administrators are responsible
for calculating the annual accounts of the Company in accordance with the regulatory
framework of the financial information applicable to the entity (identified in Note 2 of the
attached report) and, in particular, the accounting principles and criteria contained in it.
Our responsibility is to express an opinion on the abovementioned annual accounts as a
whole, based on the work that has been carried out. Apart from the exception mentioned in
the second paragraph, the work has been carried out in agreement with the regulations of the
activity of account auditing in Spain, which requires the examination, by selective testing, of
the justifying evidence of the annual accounts and the evaluation of whether the presentation,
accounting principles and criteria used, and estimations made, are in agreement with the
regulatory framework of financial information resulting from application.
As indicated in Notes 4 (d) and 7 of the attached report, the Company maintains active in
the stock balance heading the costs incurred from certain initiatives, classified as without
recovery in the Direct Management Agreement between the Company and the Ministry of
Agriculture, Food, and the Environment, totaling €350,637,000.00 and €320,185,000.00 on
December 31, 2013 and December 31, 2012, respectively. These assets are associated with
capital grants that on December 31, 2013 and December 31, 2012 reached €11,031,000.00
and €86,459,000.00, respectively, net of the corresponding deferred taxes. As indicated in
Note 4 (d) of the attached report, the Administrators of the Company consider that these
initiatives will be delivered by the State’s Public Administration for the costs activated,
minus the received grants and in addition to the corresponding indirect taxes, and that the
amount thus determined can be paid by the AGE or even be used to reduce capital by the
abovementioned amount. As of the date of publication of this report, we have not had access
to the documentation on the conformity of the AGE to deliver these initiatives, which would
allow us to determine if the amounts will be paid by the AGE or if they will be applied to a
reduction of capital by the referred amount. Therefore, we have not been able to verify the
correct classification and evaluation of these costs on December 31, 2013. Our audit report
for the 2012 financial year contained a reservation on the matter.
92
In our opinion, with the exception of the adjustments that could have been considered
necessary if we had been able to verify the correct classification and evaluation of the costs
activated in the stock balance heading in relation to the initiatives classified as without
recovery described in the second last paragraph, the annual accounts of the attached 2013
financial year express, in all significant aspects, a true and fair view of the equity and financial
situation of Aguas de las Cuencas Mediterráneas, S.A. on December 31, 2013, as well as the
results of its operations and cash flow corresponding to the financial year ending on this
date, in accordance with the regulation framework of financial information that results from
application and, in particular, the accounting principles and criteria contained in it.
The attached management report for the 2013 financial year contains explanations that
the Administrators consider appropriate regarding the situation of Aguas de las Cuencas
Mediterráneas S.A., the evolution of their business activities, and other matters, and does not
form an integral part of the annual accounts. We have verified that the accounting information
contained in this report is consistent with that of the annual accounts of the 2013 financial
year. Our work as auditors is limited to the verification of the management report within the
scope described in this paragraph and does not include the revision of information that may
differ from that obtained from the accounting records of the Company.
KPGM Auditores S.L.
Manuel Martín Barbón
March 19, 2014
Practicing member
KPMG AUDITORES S.L.
Year 2014 nº 01/14/00997
PROFESSIONAL ASSOCIATION AMOUNT.
96.00 EUR
05. Annex: Annual Accounts
93
5.2 Balance on Closing the 2013
and 2012 Financial Years
Balance at the close of financial years ending on December 31, 2013 and
December 31, 2012
95
5.3 Profits and Losses Account
5.4 Statement of Changes in Equity
Profits and Losses Account for the financial years ending on December 31, 2013
and December 31, 2012
96
Annual Report 2013
Statement of changes in net equity for the financial years ending on December 31,
2013 and December 31, 2012
97
5.5 Statement of Cash Flow
5.6 Report
Statement of cash flow for the financial years ending on December 31, 2013 and
December 31, 2012
Report completed on December 31, 2013
NOTE 1 Company Activity
a) Historic Overview
In an agreement signed on December 7, 2001, the
Council of Ministers authorized the creation of a
limited company, the state company Infraestructuras
del Trasvase, S.A., which was incorporated on March
7, 2002 for an indefinite period. It was created under
the provisions of Article 132.1 of the revised Water
Act approved by Legislative Royal Decree 1/2001
of the 20th of July, which authorized the Council of
Ministers to set up public corporations as determined
by Article 2 of Law 47/2003 of the 26th of November
for general budgets, the corporate purpose of which
is the construction, exploitation, and operation of
public hydraulic works as determined by the Council
of Ministers.
Royal Decree 2/2004 of the 18th of June modified
Law 10/2001 of the 5th of July, the National
Hydrological Plan, establishing the repeal of Article
13, among others, of the same law. This revocation
greatly affected the state company Infraestructuras
del Trasvase S.A., as its purpose, in accordance with
its creation authorized by the Council of Ministers
agreement of December 7, 2001, was to contract,
construct, and exploit, in this case, all the works
needed to transfer hydraulic resources authorized
in this article, together with any complementary
activities related to these transfers.
By agreement dated June 25, 2004, the Council of
Ministers approved a change of the corporate name to
Aguas de las Cuencas Mediterráneas, S.A. (henceforth
ACUAMED or the Company). An extraordinary
general shareholders meeting of the Company held
on the July 12, 2004 complied with this agreement.
The Company headquarters are on Calle Albasanz
11 in Madrid, but it also carries out activities through
branches in Tarragona, Valencia, Murcia, Almería,
and Málaga. More information on the activities and
organization of the Company can be found on www.
acuamed.es.
b) Corporate Purpose and Initiative
Framework
By means of the Council of Ministers agreement of
July 22, 2005, a modification of the corporate purpose
of the Company was approved. This new modification
was adopted by the extraordinary general meeting of
the Company on September 22, 2005, and recorded in
a public deed on September 27, 2005. The corporate
purpose of the Company, approved as a modification,
is consistent with its main activity as outlined below.
98
Annual Report 2013
1. The purpose of the Company is to contract,
construct, acquire, and exploit, where applicable,
all types of hydraulic works and especially works
of general interest which, in compliance with
Law 11/2005 of the 22nd of June, which modified
Law 10/2001 of the 5th of July, on the National
Hydrological Plan, are carried out to replace
those works previously planned for the transfer of
water resources as authorized by Article 13 of the
aforementioned Law 10/2001.
2. Managing contracts for studies, projects,
construction, acquisition, or operation of the works
cited in the first paragraph, as well as carrying
out any related preparatory, complementary, or
derivative works.
3. The corporate purpose may be realized directly or
through participation in the capital of incorporated
companies or companies that may be incorporated
for any of the purposes mentioned in the previous
sections.
On June 25, 2004, through the cited Council of
Ministers agreement, the Company’s guardianship
was attributed to the Ministry of the Environment,
pursuant to the provisions of Articles 169.d and 176
of Law 33/2003 of the 3rd of November for the Assets
of Public Administrations.
The Company’s framework of initiatives is governed
by a Direct Management Agreement that aims to set
up relationships between the government’s general
administration, represented by the Ministry of the
Environment, and the Company itself. Initially, and
in accordance with Article 132.2 of the consolidated
text of the Water Law, “Infraestructuras del Trasvase
S.A.” formalized the appropriate agreement for
direct management on May 20, 2002. Following
the aforementioned partial repeal of the National
Hydrological Plan and name change, Amendment 1
was signed in this agreement on November 30, 2004.
On September 29, 2005, with prior authorization by
the agreement of the Council of Ministers on July
29, 2005, Amendment 2 was signed in the direct
management agreement.
Amendment 2 of the direct management agreement
has been subject to six addenda, approved by the
Council of Ministers on October 26, 2007, October
24, 2008, December 26, 2008, September 11, 2009,
December 16, 2011, and December 21, 2012, to gather
the capital contribution commitments of the State’s
Public Administration, in accordance with cited
Article 132.2c of the consolidated text of the Water
Act, as well as to amend the addition of Company
initiatives. On this basis, the Company has presented
99
to the Council of Ministers a priority report of
initiatives based on the following:
a. Necessity and urgency of the works
b. Economic return
c. Financial soundness and interest of the users
d. The capacity of the initiatives to absorb EU funds
within the established deadlines
This priority report was approved by the Council of
Ministers on December 13, 2013.
In accordance with the second clause of the direct
management agreement in force, the initiatives
entrusted to the Company are divided into:
a) Initiatives with recovery. “These are Initiatives with
partial or total recovery of the investment through
fees paid by the users during the commercial
exploitation period.”
b)Initiatives without recovery. “These are Initiatives
without commercial exploitation.”
In accordance with the fourth clause “prior to the
awarding of contracts to carry out public hydraulic
works, Acuamed should formalize a specific
agreement with the users or beneficiaries, whether
private or public, who are interested in the initiatives
through a specific agreement.” This agreement should
contain the following at the very least:
a)The description of the initiative to be carried out,
with reference to the project and the estimated budget
for all the items.
b)The parties interested in the construction or
exploitation of the work.
c)The determination of the financial outline of the
initiative, specifying the sources of financing and the
corresponding guarantees that must be agreed on.
d)The rights of the parties to the information on the
realization of the project and the right to be heard
in relation to critical incidents affecting the works,
with a suitable organization being set up whereby the
parties are properly represented for the purposes of
exercising these rights.
c) Group of Companies
An extraordinary general meeting of the sole
shareholder, the State’s Public Administration, was
held on March 2, 2006. Through an agreement, an
increase of social capital with an issue premium by
the contribution of shares was adopted to comply
with the Council of Ministers agreement of the 28th
of October, 2005, in which point II of the Council of
Ministers agreement of July 22, 2005 was redrafted. The
agreement authorized the incorporation of the entire
representative shares of the social capital to the state
company Aguas de la Cuenca del Sur, S.A. (ACUSUR)
in favor of the state company “Aguas de las Cuencas
Mediterráneas, S.A.” in accordance with Article 168 of
Law 33/2003 of the 3rd of November on the assets of
public administrations. Complying with the agreement
made by the sole shareholder, this aforementioned
increase, dated March 6, 2006, was registered in the
Mercantile Register on March 22, 2006.
In accordance with Article 169 section f of Law
33/2003 of the 3rd of November on the assets of
100
public administrations, the Council of Ministers
approved the merger between the company Aguas
de las Cuencas Mediterráneas, S.A. as the merging
company and Aguas de la Cuenca del Sur, S.A.U. as
the merged company on June 23, 2006. This process
culminated with the registration of the relevant
merger deed at the Mercantile Register of Málaga on
October 16, 2006 and at the Mercantile Register of
Madrid on October 19, 2006, resulting in the company
“Aguas de la Cuenca del Sur, S.A.U.” losing its legal
personality and the block transfer of all its assets to
the company Aguas de las Cuencas Mediterráneas,
S.A. For accounting purposes, the date from which
the operations of the company ceased and were
considered to be carried out by the merging company
is January 1, 2006. This merger did not entail
amendment of the corporate purpose of the company
Aguas de las Cuencas Mediterráneas, S.A. because
the initiatives entrusted to the new company as a
result of the merger between the merging company
and the merged company remain covered within the
corporate purpose previously described.
On January 15, 2007, an extraordinary general
meeting of the sole shareholder, the State Public
Administration, was held. By means of an
agreement, an increase of share capital with issue
premium was adopted, involving the contribution
of shares to comply with the agreement of the
Council of Ministers of December 29, 2006, which
authorized the incorporation of all representative
shares of the stock capital of the State companies
Aguas del Júcar, S.A. (ACUAJUCAR) and Aguas de
la Cuenca del Segura, S.A. (ACUSEGURA) into the
state company Aguas de las Cuencas Mediterráneas,
S.A. in accordance with Article 168 of Law 33/2003
of the 3rd of November on the assets of public
administrations. Complying with the agreement
made by the sole shareholder, this aforementioned
increase, dated January 23, 2007, was registered in
the Mercantile Register on February 9, 2007.
In accordance with Article 169 section f of Law
33/2003 of the 3rd of November on assets of public
administrations, the Council of Ministers approved
on April 30, 2010 the “Agreement to Rationalize the
Public Business Sector” and the merger process from
the merger between the companies Aguas de las
Cuencas Mediterráneas, S.A. as the merging company
and Aguas de la Cuenca del Sur, S.A.U. and Aguas
del Júcar, S.A. as the merged companies. This process
culminated with the registration of the corresponding
merger deed at the Mercantile Register of Madrid on
December 27, 2010, although the effective date was
carried back to December 1, the initial filing date.
In addition, the corresponding notes were made in
the Mercantile Registers of Murcia and Valencia on
December 20 and 21, 2010, respectively. The merger
resulted in the loss of the legal personalities of the
companies Aguas de la Cuenca del Segura, S.A.
and Aguas del Júcar, S.A. and the block transfer of
all its assets to the company Aguas de las Cuencas
Mediterráneas, S.A. For accounting purposes, the date
Annual Report 2013
from which the operations of the company ceased
and were considered to be carried out by the merging
company is January 1, 2010. This merger did not
entail any amendment to the corporate purpose of the
company Aguas de las Cuencas Mediterráneas, S.A
because the initiatives entrusted to the new company
as a result of the merger between the merging company
and the merged company remain covered within the
corporate purpose previously described.
101
NOTE 2 Basis of the Presentation for the
Annual Accounts
a) Fair View
The financial statements for the 2013 financial year
have been prepared in accordance with current trade
legislation, the regulations set out in the General
Accounting Plan, and Order EHA/733 of March 25,
2010 with the aim of showing a true and fair view of
the equity and the financial situation on December 31,
2013 together with its operation earnings, changes in
net equity, and cash flows for the financial year ending
on the abovementioned date. All figures are expressed
in Euros (€), unless otherwise indicated.
The annual accounts for the 2013 financial year
were drawn up by the Company’s Directors in order to
submit them for approval at the General Shareholders
Meeting, and it is estimated that they will be approved
with no modifications.
b) Critical Issues Relating to the Measurement
and Estimation of Uncertainty
b.1) Measurement of the Hydraulic Works.
Tangible Fixed Assets and Stock
As outlined in Note 1, the Company carries out its activity as part of a Direct Management Agreement with
the State’s Public Administration. In addition to trade
legislation, other regulations should be applied to the
Company, such as Article 132 of the consolidated text
on the Water Act, as well as Law 33/2003 of the 3rd
of November on assets of public administrations, especially Title VI (Articles 166 to 182). In this context,
the Company’s assets, initiatives with or without recovery classified under the headings of tangible fixed
assets and stock, respectively, are those related to the
public sector, which are economically controlled by
the Company. Thus, they meet the necessary conditions for classification as assets, without losing their
status as assets of public and general interest pertaining to the provision of an essential public service,
namely the supply and distribution of water.
The pricing frameworks set up by the Company
in specific agreements with users, for initiatives
with cost recovery and classified under the heading
“tangible fixed assets” in the attached balance sheet
as indicated in Note 1 above, include an economic
and financial scenario to recover the investment
in accordance with the framework set up by the
State’s Public Administration, taking into account
economic, social, and environmental consequences as
well as the geographic and climate conditions in each
territory while at the same time distinguishing them
from different uses of supply, whether agricultural
or industrial. Furthermore, the above agreements
are made over very lengthy periods of time, usually
between 25 and 50 years.
The initiatives or hydraulic works that are “without
recovery of the costs” and classified under the
heading “stock” in the attached balance sheet will, on
completion, be subject to handover to the State’s Public
102
Administration for exploitation or subsequent transfer
to another regional or local Public Administration.
The aforementioned handover took effect through a
corresponding handover and acceptance certificate
from the Ministry of Agriculture, Food and the
Environment. In it there is an acknowledgement of
debt by the State’s Public Administration, including
all capitalized costs minus the subsidies received and
including applicable value added tax. The amount
thus determined can then be paid by the State’s Public
Administration or constitute a reduction of capital
of the aforementioned amount, depending on the
decision of the State’s Public Administration.
On March 26, 2010 Order EHA/733/2010 was
published in the BOE (Official Bulletin of the State),
approving the accounting issues of public companies
that operate under certain circumstances. The
adopted regulations are aimed firstly to regulate
the impairment of tangible fixed assets in public
companies in operation that are conditioned by
circumstances that prevent them from generating
cash flows. To this end, the requirements to be
met by a public company to apply the criteria of
impairment of assets that do not generate cash flows
are particularly important. Compliance of these
requirements shows that through the use of non-cash
generating assets, these companies in operation are
not oriented toward benefits or generating economic
or commercial output, but rather they seek socioeconomic flows that benefit the community through
“service potential” or public utility, generally, that are
associated with tangible fixed assets. To develop their
activities, they must deliver goods or provide services
to other entities or users without compensation, or
in exchange for a fee or a price that is fixed, whether
directly or indirectly, by the Public Administration as
a result of the strategic quality or public utility of the
activities that they carry out.
The activity that the Company carries out is perfectly
defined in the previous paragraph. To determine
impairment, in line with International Accounting
Standard for the Public Sector No. 21, Impairment
of Non-cash-Generating Assets, the replacement cost
that would be incurred to provide this service is taken
as a reference when determining the value in use,
considering the depreciation the asset would have at
the time this calculation was made.
The rule states that at least at year end the public
company must assess whether there is any indication
of impairment of any item of the tangible or intangible
fixed assets or property investment, in which case
the recoverable amount would have to be estimated.
In assessing whether there is any indication that an
asset may be impaired, the company should consider,
among others, the following circumstances:
1. Significant changes in the technological, regulatory,
or legal environment in which the entity operates
that may have occurred during the financial year or
changes that are expected to occur in the short term
and have a negative impact on the entity. The actions
carried out by the Company are not susceptible to
Annual Report 2013
being affected by these types of changes.
2. Significant reduction in the market value of the
asset, if it exists or is available, and higher than
that expected market value of the asset over time
or normal use. As desalinated water is a Public
Hydraulic Domain, this water has no market value,
and therefore this section of the ministerial order
need not be applied.
3. Evidence of obsolescence or physical damage of
an asset. The Company carries out the necessary
works, using its own resources or by contracting
third parties, to ensure that no obsolescence or
physical damage to its assets is produced.
4. Significant changes in the way or the extent to
which the asset is used during the past financial
year, or those expected in the short term that have a
negative impact on the entity. In 2013 and 2012 no
changes as described above occurred, nor are they
expected in the short term.
5. Stopping construction of the asset before it is
commissioned to start working. This case is not
considered.
6. Cessation or significant reduction in demand or
need for services provided by the asset. However, a
mere downward fluctuation in demand should not
necessarily be an indication that an impairment of
the assets has occurred because demand or need
for these services may fluctuate over time. Being
declared general interest initiatives, they are not at
risk for cessation, reduction in demand, or need for
services rendered.
b.2) Financial Risk
The activities of the Company are vulnerable to various
financial risks: market risk, credit risk, liquidity risk,
and interest rate risk in the cash flows.
The minimization of such risks is derived from the
following control and management measures:
• Market risk. The initiatives assigned to the Company
are of general interest and affect the water supply
service. The Company does not operate in open
markets, but rather through specific agreements
with the users interested in the infrastructures.
Therefore, any competition that might be
encountered in the market for high capacity or
raw water would be with other entities of the
Ministry of the Environment or other Public
Administrations and would have no impact on
relations established with the users. Generally, the
provision is based on rights of use granted by the
competent body in charge of water.
• Liquidity risk associated with the construction
of hydraulic works. The task of management
contained in the Direct Management Agreement
involves the implicit authorization of debt by the
user, and subsequently, before finalization, it must
be authorized or not opposed by the Directorate
General for State Assets.
A previously signed, specific agreement for the
development of the initiatives with cost recovery
includes, among other aspects, the budget, the
sources of financing, and the guarantees that
the users must make. Therefore, even when the
complexity and the construction period of the
investments of the Company may present future
uncertainties, they are mitigated by the fact that
they are initiatives, almost always declared to be of
general interest, that are authorized by a Council
of Ministers Agreement. The approval of projects
and changes to them are subject to administrative
supervision by the Ministry in charge, which has
the obligation, among other types of control, to
justify the financial adequacy of any project or
project modification. At the same time, when
dealing with discrepancies in the treasury caused
by the collection of European grants, the company
should transiently rely on its own funds or
alternatively use borrowed funds guaranteed by
the grants requested.
• Liquidity risk associated with the exploitation of
works. The specific agreements with the users
include both the determination of the tariffs to
be passed on as well as the guarantees for their
compliance. However, the tariffs issued by the
Company do not have the status of public price
because they are not governed by the Water Act
and the Regulations of the Public Hydraulic
Domain. Therefore, recovery and management
fall under either civil or administrative common
law depending on the legal nature of the specific
agreement and whether the user is public or
private.
• Interest rate risk in cash flows. In all agreements in
which the formalization of debt is expected in the
capital market, the full impact of the financial costs
and amortization charges of these operations is
established in the tariffs. When external financing
of the initiatives has been recovered, recovery of
Company’s own funds can begin, a process that
is always deferred until the previously described
requirement is fulfilled.
The latter part of the investment is recovered,
usually updated according to the general price
index. Given the public origin of such funds and
their destination to works of general interest, no
financial recovery assumptions based on market
interest rates are made.
• Commercial credit risk. The Company does not
have significant concentrations of credit risk. The
Company has policies to ensure that sales are
made to customers with a proper credit history.
Derivative transactions and cash transactions are
only carried out with financial institutions with high
credit ratings. The Company has policies to limit
the amount of risk with any financial institution.
The valuation adjustments for customer bad debt,
the review of individual balances based on the
creditworthiness of customers, current market
trends, and historical analysis of insolvencies at
aggregate level are subject to higher judgment.
In relation to the valuation adjustment derived from
the aggregate analysis of historical experience of bad
103
debts, a reduction in the volume of balances implies
a reduction of valuation adjustments, and vice versa.
The Company’s directors, as managers assigned by
the State’s Public Administration, should assess and
minimize the impact that these risks produce by fully
complying with the Direct Management Agreement,
and it is their responsibility to communicate the
measures agreed upon to address those risks to both
the ministry in charge and the shareholder.
This holding company must be used for planning
the water policy of the State’s Public Administration,
which also has the powers of verification and control
from both the Ministry of Agriculture, Food, and
the Environment and the Ministry of Economy and
Finance through instruction governing the relations of
the Directorate General for State Assets with this state
company, guaranteeing control and intervention a priori
during the development of the activity of these risks
and their management, as well as a review a posteriori
of the effectiveness and efficiency of compliance in the
construction, financing, and exploitation, if any, of the
hydraulic works agreed upon.
At the same time, both the Law for Assets of the
Public Administration and the Water Act require
that the Company’s initiatives are governed by a
multi-year initiative program (included in the Direct
Management Agreement) approved by the Council
of Ministers. The General Budget Act provides for
the incorporation of capital and operating budgets
(Article 64) into the General State Budgets, as well
as the obligation to formulate a multi-year initiative
program (Article 65). Additionally, the Company is
subject to supervision and subsequent review by the
IGAE (General Intervention of State Administration)
and the Court of Accounts, as well as constant reviews
by the authorities and bodies responsible for the
management of funds from the European Union.
b.3) Application of Order EHA/3362/2010 of
the 23rd of December
Order EHA/3362/2010 of the 23rd of December
from the Ministry of Economy and Finance
approves the adaptation regulations of the General
Accounting Plan for concessionaire companies of
public infrastructures. In Article 2 on the scope of
application, point 1 indicates that these rules apply to
concessionaire companies that formalize concession
agreements with a grantor entity. It is therefore clear
that Acuamed is not a concessionaire company
insofar as it has not formalized any concession
agreement, but instead carries out activities based on
the role of management granted by the ministry in
charge (currently the Ministry of Agriculture, Food,
and the Environment). This is specified in the Direct
Management Agreement signed with this Ministry. As
it is not governed by a concession agreement, it does
not meet the essential requirements established by the
Adaptation Regulations of the General Accounting
Plan with regard to the aspects that should be present
in all concession agreements as follows:
104
• The grantor entity entrusts a concessionaire
company with the construction (including
improvement) and exploitation, or exploitation
alone, of infrastructures that are intended for public
services of an economic nature during the period
of time stipulated in the agreement, obtaining in
turn the right to receive remuneration (NRV 1 PCA
Concession Agreements).
• The grantor entity controls or regulates the public
services the concessionaire company should provide
with the infrastructure, to whom it must provide
them, and at what price.
• In any case, the Public Administration controls
the existence of the infrastructure.
The Direct Management Agreement that governs
the Company’s activity does not comply with
the requirements stated here; therefore, Order
EHA/3362/2010 of the 23rd of December is not
applicable to this Company.
c) Accounting Principles and Accounting
and Measurement Regulations
NOTE 3 Application of Results
The Company has obtained profits in the financial
year ending on December 31, 2013. The Directors will
request approval from the Sole Shareholder to apply
the result toward the compensation of losses from
previous financial years.
Distribution base:
Financial year profit ..........................3.374.568,61 €
Application:
Amount to compensate losses
from previous financial years ..........2.856.593,98 €
Legal reserve ......................................... 337.456,86 €
Voluntary reserve ................................. 180.517,77 €
The distribution of profits for the financial year ending on December 31, 2012 is shown in the State of
Changes in Net Equity statement.
In order to prepare the attached annual financial
statements, generally accepted accounting principles
have been followed. No obligatory accounting
principle that has a significant effect on financial
statements has been left out in the preparation of the
attached accounts.
In the preparation of the attached annual accounts,
the Company applied the General Accounting Plan
set out in Royal Decree 1514/2007 of the 16th of
November and Order EHA/733/2010 of the 25th of
March, which approve the accounting aspects of public
companies operating under specific circumstances.
d) Comparison of Information
In accordance with commercial legislation, each of
the balance sheet items, the profit and loss account
statement, the statement of changes to net equity, the
cash flow statement, and the report statement, along
with the figures for the 2013 financial year, should all
be presented together with the corresponding figures
from the previous financial year.
Annual Report 2013
105
NOTE 4 Registration and Measurement
Regulations
The main registration and measurement regulations
used by the Company to prepare its Annual Accounts
for the 2013 financial year, in accordance with those
established by the General Accounting Plan, are
outlined below.
a) Intangible Assets
Intangible assets, which include the brands and
industrial property records, acquired computer
applications, and rights of use for initiatives handed
over for exploitation, are measured by acquisition
cost. The net amount for the corresponding
accumulated amortization is presented along
with the valuation adjustments for impairment, if
applicable.
In the particular case of right-to-use concessions,
the entry records the rights of use that correspond
to the 25-year use of two operations granted by
the Hydrographic Confederation of Júcar. These
operations are registered at their fair value.
Intangible assets are amortized under the heading
Allocations for the Depreciation of Fixed Assets.
These assets are reduced during the same period
with a credit in the heading Assignment of Grants
of Non-financial Assets and Sundries.
Each intangible fixed asset is examined to decide
whether its useful life is finite or indefinite.
The Company amortizes its intangible assets
with finite useful lifes using the linear method,
distributing the cost of the assets over the estimated
period of utility as outlined below.
Concept
Years of operating life
Trademarks and Registered Industrial
Property
3
Software
4
Concessions in use
25
The amortization period is the period of concession
of use (25 years) or the useful life of each of the
elements that are integrated into the transferred
operations, depending on which is shorter.
The amortized amount in the 2013 and 2012
financial years reached €1,621,247 and €1,630,521,
respectively (see Note 5). The Company did not
carry out impairment tests of the items included
in this heading because they are not considered
to present problems in recovering their value, as
outlined in Note 2.b.1.
b) Tangible Assets
Under this heading are the non-current assets
of substance, mainly consisting of the initiatives
with cost recovery undertaken by the Company in
106
implementing its Direct Management Agreement
(see Note 1), not only for initiatives in exploitation
but also in construction or in progress.
Property and equipment are stated at acquisition
or production cost, with the corresponding
depreciation and valuation adjustments for
impairment, if applicable, being deducted.
The works carried out by the company for its
tangible assets are measured by their production
cost. Internal costs, thus determined, include
staff costs, depreciation, and operating expenses
directly related to the technical work for the
implementation and construction of the initiatives.
They are assigned in agreement with an internal
cost system based on the allocation of hours for
each project. The amounts activated by this item for
the tangible assets in progress were €1,928,578 and
€1,860,663 on December 31, 2013 and December
31, 2012, respectively.
Part of the production costs of the initiatives
assigned to the Company include financial
expenses, provided that such expenses have been
accrued prior to the start of active operating
conditions and issued by the supplier, or relate to
loans or other borrowed funds aimed at financing
the construction of the project.
The Company amortizes its property, plant, and
equipment-except for desalination complexesusing the linear method, distributing the cost of
the assets over their estimated useful lifetimes as
outlined below.
Desalination complexes, which are part of the
hydraulic works, are depreciated using a systematic
method in accordance with the relevant agreements
they pertain to. This method distributes the cost
of the asset over its estimated useful lifetime
according to the estimated production volume
(m3) of the facilities each year. The amount of each
year is based on actual consumption.
The rest of the hydraulic infrastructures that
the Company exploits are amortized based on the
useful life of each of the homogeneous elements
they are comprised of, as seen in the following table:
Concept
Buildings for the Company’s Own Use
Hydraulic works Years of operating life
50
See next table
Technical facilities and machinery
Other facilities, equipment, and
furniture
10
Data processing equipment
4
Means of transport
4
Otro inmovilizado
10
Annual Report 2013
The Company amortizes its property, plant, and
equipment-except for desalination complexesusing the linear method, distributing the cost of
the assets over their estimated useful lifetimes as
outlined below.
Desalination complexes, which are part of the
hydraulic works, are depreciated using a systematic
method in accordance with the relevant agreements
they pertain to. This method distributes the cost
of the asset over its estimated useful lifetime
according to the estimated production volume
(m3) of the facilities each year. The amount of each
year is based on actual consumption.
The rest of the hydraulic infrastructures that
the Company exploits are amortized based on the
useful life of each of the homogeneous elements
they are comprised of, as seen in the following table:
Concept
Years of operating life
Civil Works
50
Electromechanical equipment
25
Deposits and tanks
50
Distribution networks
50
Lifting, filtering, and purification
equipment
25
Complementary, mechanical, and
electrical facilities
25
EThese criteria, in the opinion of the Company,
respond adequately to the consumption and
depreciation of the assets, without signifying
allocations for depreciation according to the level
of profit, but rather according to the level of activity
and the ability of the assets to generate income
every financial year throughout their total useful
life. The amounts amortized on December 31,
2013 and December 31, 2012 came to €23,457,953
and €18,908,462, respectively (See Note 6).
At the close of each financial year, or when
circumstances require it, the Company assesses
whether there is any indication of impairment
in the value of any element of the tangible fixed
assets, intangible assets, or property investment,
and if so the recoverable amount is estimated.
As stated in Note 2 (critical aspects of the
measurement and estimation of uncertainty),
the tangible fixed assets relating to hydraulic
infrastructure elements are considered to be items
that do not generate cash flow. The Company
records a loss through impairment of an asset
that does not generate cash flow, or an operating
unit or service if its accounting value exceeds the
recoverable amount, on the date it is determined.
The recoverable amount is understood to be the
depreciated replacement cost. The Company
considers that no indication of impairment exists
in any of the elements of its property that require
estimating a recoverable amount, and therefore
the present annual accounts do not include any
impairment calculation since it is understood to
be not applicable, as outlined in Note 2.b.1.
c)Financial Instruments
This group includes the assets and liabilities
generated under the normal course of operations
with a fixed maturity date and fixed or determinable
receivables and payments, thus corresponding to
the categories “Loans and Receivable Items” and
“Debits and Income Payable”. These assets and
liabilities are initially measured at fair value, which,
unless there is evidence to the contrary, is the price
of the transaction, equal to the fair value of the
consideration given or received plus any transaction
costs that might be directly attributable to them.
Notwithstanding the aforementioned, credits and
debits through trade transactions with a maturity of
no more than 1 year are measured at their nominal
value, when the effect of not adjusting the cash flows
is not significant. Subsequently, they are measured
by their depreciated cost using the effective interest
rate method.
The Company’s policy is to assess whether there
is any evidence to reveal the potential impairment
of the value of non-financial assets subject to
amortization or depreciation, in order to verify if the
book value of these assets exceeds the recoverable
value, which is understood to be the fair value less
sales costs or the value in use, whichever is greater.
Impairment losses are recorded in the profit and
loss account. Once impairment loss or reversal
is recognized, the depreciation for the following
financial years is adjusted, taking into account the
new book value.
Accounting hedges are also included in this group
of assets. The Company uses the following types of
hedges, which are recorded as described below:
Cash flow hedges, which hedge the exposure to
the variation in cash flows that are attributed to a
specific risk associated with recognized assets or
liabilities or to a highly probable transaction, as
long as they can affect the profit and loss account.
The portion of the gain or loss of the hedging
instrument that is determined to be an effective
hedge is recognized temporarily in the net equity
of its tax effect, and is charged to the profit and loss
account in the same period in which the hedged
item affects the result.
d)Stock
The Company’s Direct Management Agreement
(see Note 1) includes a series of initiatives
classified as “without cost recovery”. When these
initiatives are completed they are handed over to
the State’s Public Administration to be exploited
107
or subsequently transferred to another regional
or local public administration. This handover
takes effect through a corresponding handover
and acceptance certificate from the Ministry of
Agriculture, Food and the Environment. In it
there is an acknowledgement of debt by the State’s
Public Administration, including all capitalized
costs minus the subsidies received and including
applicable value added tax. The amount thus
determined can then be paid by the State’s Public
Administration or constitute a reduction of capital
of the aforementioned amount, depending on the
decision of the State’s Public Administration.
In the 2013 financial year there were no transfers
to the State’s Public Administration (AGE), but
in the 2012 financial year completed initiatives
valued at €11,153,192 were handed over to the
AGE. The Company awaits a reduction of its share
capital in the quantity of the deliveries made until
now, equaling the sum of €29,471,674 (see Notes
8.a and 13.a), or the receipt of this amount.
The same criteria are used as for the tangible fixed
assets (see heading b) above) for measurement
until delivery to the State’s Public Administration.
The amount activated by work carried out for its
assets in financial years 2013 and 2012 reached
€475,898.38 and €600,264, respectively.
e) Grants, Donations, and Bequests
In accordance with the 18th Norma de Registro y
Valoración (Accounting and Measurement Rule,
henceforth NRV) of the General Accounting
Plan, subsidies, donations, and bequests are
recorded as revenue and recognized expenses in
the net equity when they are officially granted,
if applicable, comply with the conditions for the
grant, and there is no reasonable doubt about their
receipt. The only additional provision of Order
EHA/733/2010 of the 25th of March points to the
same criteria to qualify a grant as non-repayable,
and states that for the sole purpose of recording it,
to establish that the conditions for the concession
have been complied with, the following criteria
will be applied:
a) Grants awarded to acquire an asset: if the
conditions of the grant require the investment
to be held for a determinate number of years, it
is considered non-refundable if on the date the
financial statements are drafted the investment
has been made and there is no reasonable doubt
that it will be maintained during the period
specified in the terms of the concession.
b) Grants awarded for the construction,
improvement, renewal, or expansion of an asset:
if the conditions of the grant require completion
of the work and initiation of its operation, it is
considered non-refundable if at the date the
financial statements are drafted the initiative
has been carried out, either wholly or partially.
In the case of partial completion, the grant will
108
be considered non-refundable in proportion to
the work undertaken, provided that there is no
reasonable doubt that the construction of the
asset or the implementation of improvement
initiatives, renewal, or extension will be
completed under the conditions set in the
concession agreement.
c) Grants awarded to finance specific expenses for
multi-year implementation: if the conditions
of the grant require completion of the action
plan and justification that the subsidized
activities have been carried out, the grant is
considered non-refundable if on the date the
annual accounts are drafted the initiative has
been carried out, either wholly or partially. In
the case of partial completion, the grant will be
considered non-refundable in proportion to
the amount expended, provided that there is
no reasonable doubt that the initiative will be
completed according to the terms set out in the
conditions under which it was granted.
Therefore, in accordance with the 18th NRV
mentioned above and the conditions set out, the
Company:
i) Recognizes the subsidies according to the eligible
costs certified to the intermediate controlling
body (the Ministry of the Environment and
Rural and Marine Affairs) and audited by its
controlling and supervision bodies, regardless
of the date the payment was made. Thus, the
amounts recognized and audited in the 2013
and 2012 financial years were €76,200,883 and
€89,856,291, respectively.
ii) In cases in which the initiatives are in the
construction phase, the grants are considered
non-refundable if on closure of the annual
accounts, the initiative has been totally or
partially carried out. In the case of partial
completion, the grant is considered nonrefundable in proportion to the amount of work
undertaken.
iii) Grants are recorded as income recognized
directly in the net equity, whether included in
initiatives that are considered tangible fixed
assets or in initiatives that are carried out
for subsequent handover to the State’s Public
Administration as stocks, and are recorded in the
profit and loss account as income on a systematic
basis in proportion to the depreciation charge
on the assets financed or, for a single time, at the
moment in which the initiative is transferred
to the State’s Public Administration. The
amounts transferred to profits from initiatives
in operation in 2013 and 2012 were €8,786,379
and €7,687,357, respectively (see Note 11).
be assessed according to the tax rate expected at
the time of reversal. This is based on the approved
regulations, or those in force, and the way the
liability is reasonably expected to be paid, and
awaits publication on the year-end date of the
financial year.
f) Tax on Profits
The corporate tax expense for the financial year is
calculated based on the economic outcome before
taxes, which is increased or decreased as appropriate
by the permanent differences from taxable income
and reduced by rebates and tax credits, excluding
tax withholdings and prepayments. The tax
effect of the temporary differences is included,
where appropriate, in the corresponding items of
anticipated or deferred taxes in the balance sheet.
The 13th NRV, under the heading 2.3 on tax
credits, states that according to the principle
of prudence deferred tax assets will only be
recognized if the company is likely to have taxable
profits in the future that will allow these assets
to be applied. The Company, pursuant to the
provisions of Consultation No. 10 of the Official
Bulletin of the Institute for Accounting and
Auditing (BOICAC) No. 80/2009, considers that
the realization of the asset depends on whether
future earnings will exceed those corresponding to
the reversal of taxable temporary differences. As
there is no certainty that sufficient future earnings
will be generated, allowing these tax assets to
be maintained, and based on the regulations
described in the 22nd NRV, the tax credits that
could be generated are not recognized.
h)Information on the Environment
The Company does not incur costs related to the
prevention, reduction, and repair of any possible
environmental impact resulting from its normal
activity.
However, among the initiatives listed in its Direct
Management Agreement, some are classified as
“water quality improvement, flood prevention,
and environmental improvement” works. The
amounts invested in these initiatives reached
€33,540,747 and €55,930,565 in the 2013 and 2012
financial years, respectively (see Note 21). They are
recorded under the heading “Stocks”.
The Company considers that there are no
contingencies in environmental issues that need to
be covered through the creation of a corresponding
provision. By December 31, 2013 and December 31,
2012 no environment-related subsidies had been
received.
i)Leases
Leases qualify as financial leases only when
the conditions show that the risks and rewards
associated with ownership of the asset in question
are essentially transferred to the lessee. Other
leases are classified as operating leases.
The income and expenditures derived from
operating lease agreements are charged to the
profit and loss account in the year they occur.
g)Income and Expenditures
As a general rule, income and expenses are
recognized on an accrual basis, i.e. according to the
actual flow of goods and services they represent,
regardless of when the resulting monetary or
financial flow occurs.
However, following the principle of prudence,
the Company only records income gained up to the
year-end date, whereas foreseeable contingencies
and losses, including possible losses, are recorded
as soon as they become known.
In accordance with the 12th NRV of the General
Accounting Plan, the recognition of the subsidy
as income attributed to equity gives rise to the
recognition of a deferred tax liability, which must
Annual Report 2013
109
NOTE 5 Intangible Assets
NOTE 6 Tangible Assets
Activity under this heading in the attached balance sheet for the 2013 and 2012 financial years is outlined below.
Activity under this heading in the attached balance sheet for the 2013 and 2012 financial years is outlined below.
Land and buildings
Land and natural assets
Hydraulic works:
668.850
240.095.284
53.915.021
Marbella Desalination Plant
37.290.386
Dalías WWTP
13.053.184
TOTAL
16.674.000
15.151.654
3.665.017
3.333.784
3.333.784
26.171.677
26.171.677
6.753.984
6.753.984
127.368.270
813.794
128.182.064
80.269.130
7.163.507
87.432.637
3.317.572
2.349
Arroyo de La Miel WWTP
1.929.995
(135)
1.929.860
Carboneras Interconnection Phase I
57.081.720
(95.509)
56.986.211
Carboneras Interconnection Phase II
16.572.345
118.038
16.690.383
5.504.931
69.219
5.574.150
8.508.383
0
194.044.667
194.044.667
Distribution Network of the Águilas Desalination Plant
0
39.678.274
39.678.274
L'Eliana Denitrification Plant
0
16.320.724
16.320.724
Buildings and Structures
Total Cost
Accumulated amortization
Hydraulic works:
0
3.319.921
Águilas Desalination Plant
11.119.793
0
0
11.119.793
881.389.388
0
254.036.620
1.135.426.008
31/12/12
Additions
Transfers
31/12/13
0
(114.304.526)
(91.243.499)
(23.061.028)
Negratín-Almanzora Transfer
(27.120.121)
(3.527.338)
(30.647.459)
Carboneras Complex
(14.207.744)
(4.872.971)
(19.080.715)
El Atabal Desalination Plant
(11.872.466)
(2.034.939)
(13.907.405)
(7.785.069)
(1.279.835)
(9.064.904)
Dalías WWTP
(1.558.139)
(1.184.186)
(373.953)
Mijas Manilva WWTP
(395.529)
(121.701)
(517.230)
Estepona Marbella WWTP
(350.049)
(116.683)
(466.732)
(11.048.584)
(1.149.520)
(12.198.104)
Rabasa - Fenollar pipeline
(3.177.667)
(287.246)
(3.464.913)
(5.838.570)
(1.865.747)
(7.704.317)
Distribution Network of the Valdelentisco Desalination Plant
(4.978.418)
(1.665.916)
(6.644.334)
Water Supply to Hellín
(392.770)
(157.108)
(549.878)
La Ventilla Sewage Tunnel
(221.946)
(73.982)
(295.928)
(57.285)
(76.380)
(133.665)
(2.025.335)
(2.025.335)
(4.050.670)
(587.760)
(587.760)
(1.175.520)
El Atabal Sludge Treatment Plant
0
0
0
Águilas Desalination Plant
0
(1.641.929)
(1.641.929)
Distribution Network of the Águilas Desalination Plant
0
(753.602)
(753.602)
0
(449.082)
(1.366.145)
(226.981)
Total accumulated amortization
(92.609.644)
(23.288.009)
0
(115.897.652)
Net total
788.779.744
(23.288.009)
254.036.620
1.019.528.356
Buildings and structures
Annual Report 2013
3.665.017
La Ventilla Land Outlet Pipe
L'Eliana Denitrification Plant
110
37.290.386
2.098.470
8.508.383
38.021.000
53.915.021
Water supply to Hellín
Supply to Albacete
Turia Sagunto Pipeline
3.809.056
1.120.497.159
239.426.434
21.347.000
(6.857.662)
260.894.282
Distribution Network Valdelentisco Desalination Plant
Fenollar Amadorio Pipeline
0
0
Carboneras Complex
Rights of use values /
Appraisal
10.666.718
859.602.877
175.453.078
Exploitation
31/12/13
12.034
Supply to Albacete
The statement on intangible assets that were completely
amortized by December 31 is outlined below.
Transfers
175.441.044
The Company plans to amortize this right to use
over the 25-year concession period or during the
useful life of each of the elements that make up the
exploitation, whichever is less.
Additions
Negratín-Almanzora transfers
Mijas Manilva WWTP
The heading “Development” covers the costs incurred
in the design and development of a computerized
system for centralized control and management of the
Company’s holdings, which was in the development
stage when these annual accounts were drawn up.
The heading “Concessions of use” covers the value of
the 25-year right to use of the pipeline to supply water
to Marina Baja (Rabasa-Fenollar-Amadoiro) and the
Turia-Sagunto pipeline, which was received from
the Júcar Hydrographic Confederation in the 2000
financial year. The value recorded for this right to use
is taken from an appraisal report by an independent,
reputable expert.
31/12/12
(449.082)
0
(1.593.126)
111
31/12/11
Additions
10.666.235
483
776.165.624
2.348.262
175.436.688
4.356
175.441.044
Carboneras Complex
239.425.490
944
239.426.434
Hydraulic works:
Technical facilities and other tangible assets
Facilities, equipment, and furniture
Means of transport
Total Cost
Facilities, equipment, and furniture
Means of transport
Total Cost
Fixed assets underway and advance payments
31/12/12
Additions
Transfers
31/12/13
1.732.710
36.340
1.769.050
613.728
70.310
684.038
87.755
0
87.755
2.434.193
106.650
0
2.540.843
31/12/12
Additions
Transfers
31/12/13
1.732.710
36.340
1.769.050
613.728
70.310
684.038
87.755
0
2.434.193
106.650
0
2.540.843
87.755
31/12/12
Additions
Transfers
31/12/13
31/12/12
Additions
Transfers
31/12/13
1.516.074.756
120.359.105
254.036.620
1.382.397.241
Desalination plant for irrigation in Murcia
236.991.755
0
(233.722.941)
3.268.814
Desalination plant to ensure the irrigation of the Tajo-Segura transfer.
238.150.414
19.070.489
Hydraulic works underway
Cenajo pipeline to water treatment plants
Talave-Cenajo tunnel
Distribution system for video surveillance network
Distribution Network Valdelentisco Desalination Plant
Distribution network for manual intake users
257.220.903
3.677
2.275.061
24.444
2.299.505
59.678.180
320.849
59.999.029
0
7.549.285
457.420
31/12/12
10.666.718
81.088.991
0
859.602.877
53.915.021
36.555.343
735.043
37.290.386
Dalías WWTP
12.957.479
95.705
13.053.184
Mijas Manilva WWTP
3.665.017
2.917.084
Supply to Albacete
Distribution Network for the Valdelentisco Desalination Plant
53.915.021
3.665.017
416.700
3.333.784
26.171.677
26.171.677
6.753.984
6.753.984
126.298.536
1.069.734
127.368.270
80.243.350
25.780
80.269.130
8.508.383
8.508.383
3.317.572
3.317.572
0
1.929.995
1.929.995
0
57.081.720
57.081.720
0
16.572.345
16.572.345
0
5.504.931
5.504.931
11.119.793
10.650.506
80.562
388.725
797.482.365
2.429.307
81.477.716
0
881.389.388
31/12/11
Adiciones
Traspasos
Bajas
31/12/12
(72.735.382)
(18.508.117)
0
0
(91.243.499)
(23.592.782)
(3.527.339)
(27.120.121)
Carboneras Complex
(10.732.514)
(3.475.230)
(14.207.744)
Total Cost
Hydraulic works:
0
(9.837.532)
(2.034.934)
(11.872.466)
8.006.705
(6.505.235)
(1.279.834)
(7.785.069)
Dalías WWTP
(810.232)
(373.954)
(1.184.186)
RAR Mijas Manilva
(273.827)
(121.702)
(395.529)
(233.366)
(116.683)
(350.049)
Supply to Albacete
(9.899.122)
(1.149.462)
(11.048.584)
(2.892.390)
(285.277)
(3.177.667)
(4.262.254)
(1.576.316)
(5.838.570)
Distribution Network for the Valdelentisco Desalination Plant
(3.312.502)
(1.665.916)
(4.978.418)
(235.662)
(157.108)
(392.770)
(147.964)
(73.982)
(221.946)
236.732
236.732
0
0
High-voltage underground power lines at the Valdelentisco desalination plant
855.453
855.453
Photovoltaic panels at the Valdelentisco desalination plant
19.133
19.133
1.255
1.255
105.463
105.463
319.008.609
319.008.609
57.242.174
57.242.174
(20.313.679)
674.129.789
0
(57.285)
(57.285)
0
47.833
0
(2.025.335)
(2.025.335)
0
(587.760)
(587.760)
0
0
0
(1.056.436)
(219.133)
(90.576)
Total accumulated amortization
(73.791.818)
(18.727.250)
(90.576)
0
(92.609.644)
Net total
723.690.547
(16.297.943)
81.387.140
0
788.779.744
Distribution network discharge pump
E.A. Extension Pumping Distribution Network
Júcar-Vinalopó pipeline
Hydroelectric power station at Cortes
Remaining works
Advance payments for tangible assets
593.957.565
100.485.903
47.833
Total Cost
1.516.122.589
120.359.105
(254.036.620)
1.382.445.074
TOTAL TANGIBLE ASSETS
2.305.581.648
97.007.802
0
2.402.589.451
(Data n €)
112
Retirements
3.677
Transfers
Annual Report 2013
(1.366.145)
113
The Company tendered and awarded contracts that
entail a firm commitment of investment in order
to develop these initiatives. Greater detail of these
contracts is found in Note 19, “Other Information”,
which includes a summary of the commitments
made, the amount paid as of December 31, 2013, as
well as the amount pending.
To recover the cost of the hydraulic works, the
Company formalizes specific agreements with
interested users that establish the full recovery of
amounts financed in the capital markets together
with the financial burdens carried, in addition to the
recovery of amounts funded with the Company’s own
resources, updated to the general price index, with no
impact on rates for the amount financed with grants
from the European Union (see Note 11).
Without prejudice to the abovementioned analysis,
the Company has elected to apply Order EHA
733/2010 to benefit from the special regulation on
the impairment of assets that do not generate cash
flows with respect to the commercial assets aimed at
meeting the needs of general interest.
The amounts corresponding to financial expenses
capitalized as tangible fixed assets as of December 31,
2013 and December 31, 2012 are outlined below.
The criteria used to determine the capitalized financial
expenses consisted of identifying the instruments that
finance the various initiatives with a date of construction
beyond one year.
The statement on tangible assets that were completely
amortized by December 31 is outlined below.
114
Annual Report 2013
115
NOTE 7 Stock
This heading of the attached balance sheet covers initiatives classified as “without cost recovery” in the Company’s
Direct Management Agreement (see Notes 1 and 4). Activity under this heading in the attached balance sheet for the
2013 and 2012 financial years is outlined below.
Stock
31/12/12
Additions
Transfers
Retirements
31/12/13
Products underway
298.809.889
30.439.839
(31.708.986)
0
297.540.742
Remaining works
199.069.863
6.909.259
0
0
205.979.122
Flood prevention in the Benimodo ravine
31.095.712
613.274
(31.708.986)
Elimination of chemical contamination from the Flix
reservoir Stage 1 (Tarragona)
68.644.314
22.917.306
Finished products
21.972.969
1.167.188
31.708.986
(596.720)
54.252.423
Finished stock
21.376.250
10.806
31.708.986
0
53.096.042
Regrowth of the channel on the right bank of the
Tajo-Segura distribution channels
5.717.620
Archena environmental recovery
1.993.443
Mula river conditioning
2.470.025
0
91.561.620
5.717.620
0
10.806
Stock
31/12/11
Additions
Transfers
Retirements
31/12/12
Products underway
264.449.221
59.471.156
(15.658.630)
(9.451.858)
298.809.889
Remaining works
0
(9.451.858)
199.069.864
172.442.620
36.079.102
30.641.950
453.762
31.095.712
Elimination of chemical contamination from the Flix
reservoir Stage 1 (Tarragona)
45.706.021
22.938.292
68.644.313
1.993.443
(1.993.443)
0
2.470.025
(2.470.025)
0
Canteras Cartagena watercourse conditioning
797.828
(797.828)
0
Segura river Archena conditioning
585.784
(585.784)
0
Lining of the San Jerónimo Caravaca watercourse
1.099.188
(1.099.188)
0
Benipila Cartagena watercourse
6.070.192
(6.070.192)
0
Azarbe Mayor environmental rehabilitation
2.642.170
1.993.443
Finished products
6.893.354
20.486
15.658.630
(2.642.170)
(599.501)
21.972.969
0
2.480.831
Finished stock
5.716.456
1.164
15.658.630
0
21.376.250
Regrowth of the channel on the right bank of the
Tajo-Segura distribution channels
5.716.456
1.164
797.828
0
797.828
Segura Archena river conditioning
585.784
0
585.784
Lining the San Jerónimo Caravaca watercourse
1.099.188
0
1.099.188
1.993.443
1.993.443
6.070.192
0
6.070.192
2.470.025
2.470.025
2.642.170
0
2.642.170
797.828
797.828
0
31.708.986
Water availability
596.719
1.156.382
Carboneras desalination plant water
106.677
Water for the distribution network of the Valdelentisco
desalination plant
Albacete supply water
Turia-Sagunto pipeline water
Value impairment of completed products
Net total
0
31.708.986
(596.720)
1.156.381
598.138
(106.677)
598.138
613.060
997.872
(613.060)
997.872
2.614
7.349
(2.614)
7.348
16.708
18.807
(16.708)
18.807
(142.340)
(465.784)
142.340
(465.784)
320.782.858
31.607.027
(596.720)
351.793.165
0
(Data in €)
Segura river Archena conditioning
5.717.620
585.784
585.784
Lining of the San Jerónimo Caravaca watercourse
1.099.188
1.099.188
6.070.192
6.070.192
Water Availability
Carboneras desalination plant water
Water from the distribution network of the Valdelentisco desalination plant
2.642.170
1.176.898
1.381.357
Turia-Sagunto pipeline water
Net Total
0
172.403
Albacete supply water
Value impairment of completed products
19.322
0
596.719
(65.726)
106.677
(768.297)
613.060
2.614
2.614
16.708
16.708
(376.862)
271.342.575
2.642.170
(599.501)
59.491.642
0
234.522
(142.340)
(10.051.359)
320.782.858
(Data in €)
Works in progress as of December 31, 2013 and
December 31, 2012 correspond to initiatives that are
underway and will be handed over to the State’s Public
Administration on completion before any exploitation
is carried out.
More significantly, a provision for impairment in
value of completed works was recorded, corresponding
to the difference between the production cost of
water stocks and the average sales price estimated for
2013 and 2012 for the distribution networks of the
116
Annual Report 2013
Valdelentisco desalination plant and the Carboneras
desalination plant, respectively, which are included in
this list.
The Company tendered and awarded contracts
that entail a firm commitment of investment in order
to develop these initiatives. Greater detail of these
contracts is found in Note 19, “Other Information”,
which includes a summary of the commitments
made, the amount paid as of December 31, 2013, as
well as the amount pending.
117
NOTE 8 Financial Assets
The breakdown of the financial assets for the financial years ending December 31, 2013 and December 31, 2012 is
outlined below.
a)Long-term Financial Instruments
Under the heading “Credits to related companies”,
the collection rights of the Company in relation
to the State’s Public Administration are included
for the initiatives handed over and those pending
handover, or those that are paid for or produce a
reduction in capital, the balance of which as of December 31, 2013 and December 31, 2012 reached
€29,471,674 .
In the heading “Long-term debt securities”,
the Company records the purchase of strippable
bonds from the State, as outlined below.
Nominal value
Value
31/12/2013
Purchase date
Maturity date
Nominal
interest
91.000.000
96.911.395
25-mar-13
30-jul-26
5,9000%
MEDIUM-TERM GOVERNMENT
BONDS 1ST TRANCHE
5.000.000
4.577.500
27-mar-13
30-jul-40
4,9000%
SANTANDER
BONDS 2ND TRANCHE
30.173.760
24.873.548
27-mar-13
30-jul-40
4,9000%
SANTANDER
BONDS 3RD TRANCHE
25.179.917
20.158.680
2-abr-13
30-jul-40
4,9000%
SANTANDER
BONDS 4TH TRANCHE
1.600.000
1.465.600
9-abr-13
30-jul-40
4,9000%
CAJA LABORAL
LONG-TERM STRIPS
30.327.000
30.000.220
30-jul-13
30-jul-25
4,6500%
SANTANDER
BONDS
48.360.000
47.779.680
25-jul-13
30-jul-25
4,6500%
SANTANDER
BONDS
10.400.000
4.345.386
12-ago-13
31-oct-23
4,4000%
SANTANDER
BONDS
37.900.000
39.529.321
8-oct-13
31-oct-28
5,1500%
UNICAJA
BONDS
5.135.000
4.914.195
19-nov-13
30-jul-41
4,7000%
BBVA
LONG-TERM GOVERNMENT BONDS
25.825.000
24.624.138
21-nov-13
30-jul-41
4,7000%
SANTANDER
BONDS
700.000
719.060
8-nov-13
31-oct-23
4,4000%
311.600.677
299.898.723
INSTITUTION
TYPE OF ASSET
CAJA LABORAL
SANTANDER
TOTAL
118
The heading “Other financial assets” for long-term
financial investments covers the amount corresponding
to guarantees deposited by the Company in relation to
different leasing contracts.
The financial income amounts as of December 31,
2013 and December 31, 2012 were €22,207,912 and
€6,140,520, respectively. They were obtained from the
returns generated by portfolio investments made by
the Company and by the capital gains obtained with
the partial sale of said investments.
b) Customer Receivables for Sales and
Services
The balance statement for customer receivables
for sales and services is outlined below.
In compliance with Law 15/2010 of the 5th of July,
modifying Law 3/2004 of the 29th of December,
which sets out measures to combat late payment
in commercial transactions, the Company has
calculated the interest accrued for late payment
from customers and debtors whose payment was
made after the stipulated term, based on the legal
interest rate. The amounts pending collection
recorded on December 31, 2013 and December
31, 2012 were €863,415 and €900,279, respectively.
The Company partially provisioned these amounts
in previous financial years, and therefore they had
no impact on the profit and loss account.
Activity for the provision for impairment losses
from customer receivable accounts is outlined below.
Euros
2013
2012
448.296
0
Dotación
6.727.094
448.296
Saldo final
7.175.390
448.296
Saldo inicial
Annual Report 2013
Under the heading “Customer receivables
for sales and services”, a balance of €9,863,297
was recorded as of December 31, 2012. This
amount corresponds to the Taibilla Canals
Community (Mancomunidad de los Canales
del Taibilla, MCT), who was invoiced based on
amortization and exploitation tariffs as outlined
in the regulation agreement for the operation
and exploitation of the Valdelentisco desalination
plant, which was approved by the Acuamed board
of directors following a favorable report by the
State Legal Service dated April 8, 2011. Although
the MCT expressed their disagreement with
regard to the calculation of the amortization tariffs
and requested a report from the of the Murcia
State Legal Service, on December 29, 2011 the
legal service made the same conclusion as in the
previous report, thus safeguarding the established
regularization of the tariffs. Additionally, the State
Legal Service reiterated its conclusion in a report
dated March 13, 2012.
On February 5, 2013 the MCT expressed
their agreement in writing with regard to the
exploitation tariff component for the sum of
€5,187,286.40 (value-added tax not included) and
demonstrated their intention to make immediate
payment, without prejudice to the continuation
of negotiations to reach an agreement on the
amortization tariff component. The Company
considers its invoicing to be legitimate for reasons
outlined above, and therefore it has continued to
send invoices for this item to the MCT.
However, in view of the fact that negotiations
relating to the collection of the amortization
tariffs are presently stalled, the Company decided
to provision the amount accrued for this item,
totaling €5,023,367 (value-added tax not included),
on December 31, 2013, until a definitive resolution
can be made.
119
c) Short-term Financial Investments
This heading includes interests accrued from investments made in the 2013 financial year, totaling €5,959,259, as
outlined in the table below.
INSTITUTION
TYPE OF ASSET
Nominal value
Purchase value
Accrued
interest
CAJA LABORAL
MEDIUM-TERM GOVERNMENT STRIPS
50.000.000,00
51.021.023,50
2.265.276,71
CAJA LABORAL
91.000.000,00
100.412.276,78
103.369,86
SANTANDER
MEDIUM-TERM GOVERNMENT BONDS
1ST TRANCHE
5.000.000,00
4.738.595,89
567.070,96
SANTANDER
2ND TRANCHE
30.173.760,00
59.251.198,63
463.701,09
SANTANDER
3RD TRANCHE
25.179.917,00
54.415.392,81
33.078,36
SANTANDER
4TH TRANCHE
1.600.000,00
1.519.943,01
598.854,39
CAJA LABORAL
LONG-TERM STRIPS
30.327.000,00
30.000.219,90
948.783,45
SANTANDER
48.360.000,00
47.779.680,00
33.090,41
SANTANDER
MEDIUM-TERM GOVERNMENT BONDS (1)
10.400.000,00
10.270.000,00
326.199,59
Accrued coupon
SANTANDER
37.900.000,00
39.529.321,00
28.432,42
UNICAJA
5.135.000,00
4.914.195,00
136.341,85
74.056,55
BBVA
25.825.000,00
24.624.137,50
4.556,71
375.771,44
SANTANDER
700.000,00
719.061,00
5.508.755,80 €
450.503,06 €
TOTAL
675,07
NOTE 10 Company Funds
Activity under this heading shows the Statement of
Changes in Net Equity.
a) Share Capital
According to an agreement in the minutes of the
general shareholder’s meeting on February 20, 2013,
the sole shareholder approved a capital increase of
€4,608,100, which was paid on March 28, 2013 and
notarized on May 21, 2013. On December 31, 2013
the share capital reflected in the financial statements
was represented by 161,017,324 registered shares
of €10 par value each. On December 31, 2012 the
reflected share capital in the financial statements
was represented by 160,556,514 registered shares of
€10 par value each.
Share capital is completely subscribed and
disbursed by the Spanish government, the only
founding shareholder and the sole owner of all
shares that make up the share capital. Management
of the holding in the Company is carried out through
the Ministry of Finance and Public Administrations
and, specifically, the Directorate General for State
Assets.
b) Issue Premium
The issue premium of shares present in the
Company’s own funds on December 31, 2013
and December 31, 2012 was €100,520,412. It is
freely available, with restrictions established in the
consolidated text of the Capital Company Act with
respect to the increase of capital charged to reserves
and the application to compensate losses.
c) Reserves
The heading “Reserves” includes the legal reserve
amount of €1,879,776 provided by the Company.
In accordance with consolidated text of the Capital
Company Act, 10% of profits from the financial
year must be earmarked for the legal reserve until
this figure reaches at least 20% of the capital. The
legal reserve cannot be distributed among the
shareholders, except in the case of liquidation.
The legal reserve may be used to increase capital,
provided that the remaining balance is no less than
10% of the increased capital. With the exception of
the purposes mentioned above and provided that
the legal reserve does not exceed 20% of the share
capital, this type of reserve may only be used to
offset losses in the case where other reserves are
not sufficiently available for this purpose.
Activity from the financial year is reflected in
the following table:
Other reserves refer to voluntary reserves, which
are freely available unless when distributed, the
Company’s own funds fall below the amount of
capital.
NOTE 9 Cash and Cash Equivalents
Cash and cash equivalents include cash on hand
and demand bank deposits in credit institutions.
Under the heading “Treasury” in the attached
balance sheet, the balances of the current accounts
held with different financial institutions are included.
The average profitability for the financial years ending
on December 31, 2013 and December 31, 2012 were
1.8% and 2.82%, respectively. Repayment of the
balances upon closing the financial years ending on
December 31, 2013 and December 31, 2012 was
situated at 0.024% and 2.46%, and 0.25% and 4.75%,
respectively. These balances are unrestricted.
120
Annual Report 2013
121
NOTE 11 Grants, Donations, and Bequests Received
This heading in the attached balance sheet lists the “Official capital grants” corresponding to the aid received from
the European Community (ERDF and Cohesion Funds), which is non-repayable as long as the conditions upon
which they were granted, and other state administration, regional, and local conditions, are complied with. Activity
under this heading for the 2013 and 2012 financial years is outlined below.
122
Annual Report 2013
123
NOTE 12 Financial Liabilities
A breakdown of the financial liabilities for the 2013 and 2012 financial years is outlined below.
a) Other Long-term Financial Liabilities
The heading “Other financial liabilities” for noncurrent liabilities includes, on the one hand, the
amount from subsidies received by the Company
from the European Union ERDF for initiatives
that were under construction as of December
31, as indicated in Note 4.e, and not yet clearly
determined to meet the conditions for which the
funding may be considered non-repayable.
On the other hand, amounts are set out in advance
to address asset replacements and repairs in the
following exploitations:
The Company has a pending payment as of December 31, 2013 of €82,825,618 (€21,940,366 from PO 2000-2006
and €60,885,252 from PO 2007-2013), and on December 31, 2012 this amount totaled €104,950,032 (€23,374,537
from PO 2000-2006 and €81,575,495 from PO 2007-2013) (see Note 13.a).
124
Annual Report 2013
The remaining balance of €37,714 corresponds
to long-term guarantees as of December 31, 2013
and December 31, 2012.
125
Credit and Loans from Credit Institutions
A breakdown of loans and credit from credit institutions as of December 31 is outlined below.
Credit and loans from credit institutions
Amount pending payment
2013
Maturity
Interest rate
2012
Financial costs accrued
with financial institutions
2013
2012
13.296.545
13.793.384
2035
Euribor 1 month +
1.25%
216.033
209.316
Banco Pastor (loan)
8.843.590
9.220.343
2035
Euribor 1 month +
1.15%
132.437
127.920
BBVA-DEXIA (loan)
13.494.402
14.093.943
2036
Euribor 1 month +
1.25%
211.480
712.735
BBVA (loan)
3.157.167
3.309.319
2034
Euribor 3 months +
0.09%
10.853
30.851
BBVA (loan)
0
5.946.217
2034
Euribor 3 months +
0.09%
0
55.434
1.322.372
1.429.634
2025
Euribor + 0.54
10.314
19.220
BBVA (loan)
23.672.187
24.435.806
2042
Euribor + 0.099
198.921
451.481
Banco Pastor (loan)
33.377.776
34.314.868
2040
Euribor + 1.50
701.863
1.208.102
July-2012
Euribor + 2.50
0
1.167.949
Cajamurcia (loan)
Banco Santander Central Hispano (loan)
Operation syndicated with BBVA-Pastor- Bankinter- Caixabank -Banesto
0
BEI (1º TRANCHE)
351.665.786
349.650.000
July-2036
Euribor + 2.31
8.168.777
4.101.913
BEI (2º TRANCHE)
149.846.324
0
July-2036
Euribor + 2.31
2.001.833
0
UNICAJA
0
0
Jan-2013
Euribor + 2.50
0
1.311.584
CAJASOL
0
3.000.000
Jan-2013
Euribor + 3.00
10.370
527.683
598.676.149
459.193.514
11.662.881
9.924.188
TOTALS
On November 14, 2008, a loan was formalized
with the credit institution Cajamurcia for a two-year
credit subsequently convertible to a 25-year loan of
€15,000,000 in order to finance the amount owed
by the users of Valdelentisco desalination plant. The
loan was formalized for the entire amount. Amortization of the capital began on January 1, 2011; final
maturity is scheduled for December 1, 2035. The
Company must pay the monthly installments comprised of principal and interest along with the other
expenses incurred and fully recover these costs
from the users via tariffs.
November 7, 2008, a loan was formalized with
the institution Banco Pastor for the amount of
€10,000,000, with a two-year grace period for the
capital and 25 years of amortization, in order to
finance the amount owed by the users of the water
distribution network of the Valdelentisco desalination plant. Amortization of the capital began on
December 31, 2010; final maturity will take place
on November 30, 2035. The Company must pay
the monthly installments comprised of principal
and interest along with the other expenses incurred and fully recover these costs from the users
via tariffs.
On March 17, 2009, a loan was formalized with
126
the institutions BBVA and Dexia Sabadell for
€15,333,333 for 27 years, with a two-year grace period for the capital, in order to finance the amount
owed by the users of the water distribution network of the Valdelentisco desalination plant.
Amortization of the capital began on April 17,
2011; final maturity will take place on March 31,
2036. The Company must pay the monthly installments comprised of principal and interest along
with the other expenses incurred and fully recover
these costs from the users via tariffs.
On the March 27, 2007, a credit was formalized
with BBVA for €8,000.000 over 30 months, transformable into a 25-year loan, in order to finance
the amount owed by the users of the water supply
to Hellín Albacete and the delay in the receipt of
European funds. This loan was formalized in the
amount of €3,979,158. Amortization of the capital began on October 27, 2009; final maturity will
take place on September 27, 2034. The Company
must pay the monthly installments comprised of
principal and interest along with the other expenses incurred and fully recover these costs from the
users via tariffs.
On March 27, 2007, a credit was formalized with
BBVA for €40,000.000 for 30 months, transforAnnual Report 2013
mable into a 25-year loan, in order to finance the
amount owed by users of the Talave-Cenajo tunnel
initiative and the delay in the receipt of European
funds. This loan was formalized in the amount of
€33,678,811. Amortization of the capital began on
October 27, 2009; final maturity will take place on
September 27, 2034. The Company must pay the
monthly installments comprised of principal and
interest along with the other expenses incurred
and fully recover these costs from the users via tariffs. In the 2010 financial year pledged European
Union funds were received for this initiative and
applied to reduce the balance. In January 2013 pledged European Union funds totaling €9.099.908
were received, the outstanding balance was paid,
and the loan was cancelled.
On July 24, 2003, Banco Santander granted a
loan for the amount of €2,192,015 to finance the
amount owed by the users of the Rabasa–Fenollar
pipeline initiative. Final maturity will take place
on July 24, 2025. The Company must pay the loan
repayment installments and pass them on to the
user, together with the costs incurred, through
quarterly invoicing.
On September 7, 2007, the Company received a credit convertible to a loan from BBVA for
€35,000,000 to finance the participation of the
users in the Júcar Vinalopó initiative. The credit
was available for two years, and was subsequently
transformed into a 35-year loan on September 7,
2009; final maturity will take place on August 7,
2042. Amortization installments paid by Aguas del
Júcar will be charged in full to the users of the initiative in accordance the signed agreement.
On July 30, 2010, Banco Pastor granted a loan for
€35,000,000 to finance the completion and commissioning of the Júcar-Vinalopó pipeline. Amortization of this loan is carried out with 29 consecutive installments on the last day of each year. The
first payment took place on December 31, 2012
and final maturity is scheduled for December 31,
2040. Amortization payments made by Aguas de
las Cuencas Mediterráneas will be charged in full
to the users of the initiative.
On July 29, 2011 the company signed a shortterm loan agreement (bridge loan) with a pool
of banks formed by BBVA, BANESTO, CAIXABANK, BANCO PASTOR, and BANKINTER for
an amount totaling €165,700,000 to cover treasury
needs until a long-term loan agreement could be
signed, allowing management activities to be completed. On signing this short-term operation the
following credit rights were discounted and pledged for security: i) Capital increase in 2011 (75.7
million), ii) European funding (66 million), and
iii) accrued and unpaid VAT (24 million). Final
maturity took place on July 29, 2012. Amortization
installments paid by Acuamed were passed on to
the initiatives that are being funded with this operation according to proportional criteria for the
distribution of costs.
On June 29, 2012 the Company received the first
part of the loan granted by the European Investment Bank totaling €350,000,000. The loan period
is 25 years with a five-year grace period for the capital, thus the first amortization payment will take
place in July 2017. Final maturity will take place in
July 2036. The interest rate is of 2.31% during the
first five years.
On March 14, 2013 the Company received the
second part of the loan granted by the European
Investment Bank totaling €150,000,000. The loan
period is 25 years with a five-year grace period for
the capital, thus the first amortization payment
will take place in March 2018. Final maturity will
take place in March 2038. The interest rate is of
1.677% during the first five years.
On January 31, 2012 the Company signed a
loan agreement with UNICAJA for the sum of
€50.000.000 for a one-year term; credit rights for
European Union funds to guarantee the operation
were pledged. Amortization installments paid by
Acuamed were passed on to the initiatives that are
being funded with this operation according to proportional criteria for the distribution of costs. During the 2012 financial year European Union funds
totaling €50.000.000 were received, and the loan
was cancelled before the end of the financial year.
On January 30, 2012 the Company signed a
loan agreement with CAJASOL for the sum of
€15,000,000 for a one-year term; credit rights for
European Union funds to guarantee the operation
were pledged. Amortization installments paid by
Acuamed were passed on to the initiatives that are
being funded with this operation according to proportional criteria for the distribution of costs. In
2012 European Union funds totaling €12,000,000
were received. Thus, the outstanding balance on
December 31, 2012 was €3.000.000 and the loan
was subsequently cancelled on the maturity date.
A breakdown by maturity dates of the loans and
credits from credit institutions as of December 31,
2013 and December 31, 2012 is outlined below.
ANNUAL PAYMENT
Short-term
31/12/13
31/12/12
5.502.941
8.592.567
2013
0
6.815.919
2014
5.502.941
1.776.648
593.173.208
450.600.947
3.414.601
1.798.010
2016
3.450.060
1.847.998
2017
20.982.011
9.932.998
2018
21.019.465
13.397.998
Others
544.307.071
423.623.943
TOTALS
598.676.149
459.193.514
Long-term
2015
(Data in €)
127
The Company has the following guarantees set
up in compliance with the contractual obligations
of loans received from financial institutions:
Pledging of present or future credit rights arising
from the signing of the regulatory agreement
with the users to supply desalinated water for
agricultural irrigation from the Valdelentisco
desalination plant and its distribution network.
Cession of present or future collection rights
arising from agreements with the users, from
cohesion funds authorized for co-financing the
project and VAT of the initiative “Water Supply to
Hellín, Albacete”.
Cession of present or future collection rights
arising from agreements with the users, from
cohesion funds authorized for co-financing the
project and VAT of the initiative “Talave-Cenajo
Tunnel”.
Pledge on the credit rights arising from the
regulatory agreement for water supply from the
Valdelentisco desalination plant to the Taibilla
Canals Community.
Pledge of present or future credit rights arising
from an agreement with the Júcar Hydrographic
Confederation and those Acuamed will subscribe
to in the future with the end users of the JúcarVinalopó pipeline, in the amount needed to cover
the installments of the bank debt.
Pledge of the present or future credit rights
arising from any other agreement signed by the
company and the users that is not reflected in the
previous items, to cover the payments of the loan
with the European Investment Bank.
As of December 31, 2012 and December 31, 2013
the Company has financial obligations/limitations
in relation to the loan signed with the European
Investment Bank that are defined in the contract
signed by both parties according to the following
report:
1. The debtor is obligated, at all times during the
period of this Contract and on the basis of their
audited financial statements, to fulfill each and
every level or ratio listed in the following table
(“Ratios”), which are defined afterward in this
Clause:
(i) A ratio of Earning Before Interest, Taxes,
Depreciation, and Amortization (EBITDA) of the
debt servicing for the period of twelve (12) months
immediately previous to any Calculation Date,
the first Calculation Date being
128
Item
Classification
Rate
Contracted
amount
Interest
rate swap
Interest rate hedging
From variable
(Euribor 1
month) to fixed
(3.76%)
15.333.333
December 31, 2017, of at least 1.55x.
(II) A ratio of Financial Debt on Net Equity, referring
to a period of twelve (12) months immediately
previous to any Calculation Date, the first
Calculation Date being December 31, 2012, of a
maximum of 30%.
For the purposes of calculating the ratio of
Financial Debt on Net Equity, and according to
the definition of Net Equity established in the
financing contracts, Net Equity is considered to be
“the Company’s own funds as well as the
subsidies, in agreement with the Audited
Financial statements”.
In the Audited Financial statements, following
Spanish accounting rules, Liabilities by Deferred
Taxes (see Note 13.b.) are recorded in the amount
of €210,599,373 for accrued European subventions.
However, to calculate this ratio, this amount is
considered to be Net Equity.
As of December 31, 2013 and December 31, 2012
the Company had complied with the established
financial obligations/limitations.
b) Long-term Accruals
The heading “Long-term accruals” of non-current
liabilities covers the amount for anticipated
tariffs invoiced to users in relation to the specific
agreement signed by both parties. On December
31, 2013 and 2012, the amount pending payment
for these tariffs with VAT included totaled
€39,358,998 and €39,985,856, respectively.
A breakdown as of December 31, 2012 is outlined below.
Item
Classification
Rate
Contracted
amount
Maturity
Inefficiency
recorded in
2012 results
Asset
Liability
Interest rate
swap
Interest rate
hedging
From variable
to fixed
15.333.333
17/03/36
8.871
-
3.105.810
The fair value of this financial exchange is based
on market values of equivalent financial derivative
instruments on the date of the balance sheet. This
financial exchange on interest rates is efficient as
a cash flow hedge. The fixed interest rate applied
during 2013 and 2012 was 3.76%.
The requirements for accounting policies to
classify the financial instruments described as
hedges have been met. Specifically, the hedges
have been formally designated as such and verified
to provide effective coverage.
d) Other Short-term Financial Liabilities
The balance of this item on December 31, 2013
and December 31, 2012 totaled €1,332,901 and
€2,444,683, respectively, for income accrued mainly
during the test phase of finished initiatives in which
exploitation had not yet begun.
Fair value 2012
e) Deferred Payment to Suppliers in
Commercial Transactions
According to the resolution of the 29th of December
2010 from the Institute of Accounting and Auditing,
which refers to the information to be included in
annual accounts reports in relation to deferred
payments to suppliers in commercial transactions,
the third additional provision (Duty to Provide
Information of Law 15/2010 of the 5th of July,
amended by Law 3/2004 of the 29th of December,
which establishes measures to combat late payment
in commercial transactions) states that “Companies
should expressly publish information on the terms
of payment to their suppliers in their annual
accounts report.”
The activity under this heading for the financial
year is outlined below.
c) Hedging Transactions
The Company uses financial derivative instruments
to hedge the risks that its activities, operations, and
future cash flows are exposed to. The Company
contracted a cash flow hedge for the syndicated
BBVA-DEXIA loan of €15,333,333.
Fair value 2013
Maturity
Inefficiency
recorded in
2013 results
Asset
Liability
17/03/36
4.010
-
2.262.842
Annual Report 2013
129
b) Liabilities with Public Administrations
NOTE 13 Fiscal Situation
A breakdown of the balances with Public
Administrations is outlined below.
a) Assets with Public Administrations
A breakdown of the balances with Public
Administrations is outlined below.
The activity of “Liabilities by deferred tax” under this heading in the 2013 financial year is outlined below.
The activity of “assets by deferred tax” under this
heading in the 2013 financial year is outlined below.
The heading “By cession of initiatives” covers
the collection right that the Company holds
against the State’s Public Administration for the
cession of initiatives formalized on July 2, 2007 by
means of a certificate entailing the handover and
acceptance of initiatives, signed by the Ministry
of Agriculture, Food, and the Environment and
the Company, for the sum of €16,907,088. This
amount, together with the rights acquired from
AcuaJucar, generated in the handover of the
initiative “Júcar-Vinalopó Pipeline” for the sum of
€12,564,586, will constitute a reduction of capital
130
in the Company by the total amount of both
balances, totaling €29,471,674, unless it is paid into
the Company. This amount is covered under the
heading “Long-term Investments in companies of
the group and associated companies” on the asset
side of the balance sheet (see Note 8.a).
The collection rights for subsidies correspond
to amounts that are certified and audited by the
Cohesion Funds and the ERDF of the European
Union, which are pending payment as of December
31, 2013 and December 31, 2012 as outlined below.
Annual Report 2013
The heading “Taxes payable for subsidies” covers
the balance of subsidies received during the 20002006 operative period for three specific initiatives:
“Desalination Plant to guarantee irrigation of the
Tajo-Segura Transfer”, “Desalination plant and
complementary works for Campo de Dalías”, and
“Extension of the Mojón desalination station for brackish
water and collectors”. These three initiatives have not
been completed within the maximum period stipulated
by the European Commission in order to benefit from
the aid requested, and therefore these funds must be
returned. However, as the first two initiatives remain
underway at present and have been incorporated into
the 2007-2013 operative program, the Company has
requested the deduction of this aid to cover the total
cost of each of them, which will be much higher than
initially estimated. An official report is pending. In the
case of the third initiative, a formal report is pending in
order to proceed to repayment.
c) Tax on profits
The reconciliation of the accounting profits for the
2013 and 2012 financial years with taxable corporate
income is outlined below.
131
In accordance with the Corporate Tax Act, if
under the rules applicable to determine the tax
base there is a loss, this amount could be offset
within 18 successive years from that in which
the loss occurred, distributing the amount in the
proportion deemed appropriate. Compensation
is made when the corporate tax declaration is
submitted, without prejudice to the tax authorities’
powers of inspection.
Although the Company has the following tax
losses to offset against future profits, it is uncertain
whether enough profits can be made in the next
few years to enable recovery. Thus, as outlined in
Note 4.f, “Accounting and Measurement Rules.
Tax on Profits”, the Company decided not to
recognize the deferred taxes of recognized assets
on December 31, 2013.
La fusión detallada en la nota 1 se acogió al
Régimen Especial de Fusiones establecido en el
capítulo VIII del Título VII del R.D. Legislativo
4/2004 de 5 de marzo, regulador del Impuesto
sobre Sociedades.
Corporate tax expenses are composed of the
following items:
In April 2013 the Company received notification from
the Tax Department and underwent an VAT inspection
process corresponding to the 2009-2012 financial
years. At the time of writing these annual accounts, no
resolution or record from the tax administration had
been received. However, based on the documentation
required in the inspection process, the conversations
held with the tax authorities, and the opinion of their
tax advisers, the Company directors expect that the
ongoing tax inspection will not reveal significant
additional liabilities.
As established by current legislation, taxes cannot be
considered definitively assessed until the declarations
presented have been inspected by the tax authorities,
or the limitation period has elapsed. The Company is
pending inspection by the tax authorities for the main
applicable taxes in the financial years listed below.
Tax
132
The merger described in Note 1 was covered by
the Special Regime for Mergers set out in Chapter
VIII, Title VII of the Royal Legislative Decree
4/2004 of the 5th of March on the regulation of
corporate tax.
Years open to
inspection
Coporate tax
2009-2013
Value Added Tax
2009-2013
Individual income tax on natural persons
2010-2013
Social Security
2010-2013
Annual Report 2013
133
NOTE 14 Personnel Expenses
NOTE 15 Supplies and Other Operating Expenses
A breakdown of the heading “Profit and Loss
Account” is outlined below.
An outline of the supply costs incurred in the 2013 and 2012 financial years together with a breakdown of them is
shown in the chart below.
The number of people employed at the close of the
financial year and the average number by Company
and the distribution by category is outlined below.
Supplies are expenses attributable to the initiatives
under exploitation and constitute direct costs associated
with them. They include, among other items, the fees
paid to the operators of the plants and other facilities as
well as power supplies.
An outline of the operating costs incurred in
the 2013 and 2012 financial years together with a
breakdown of them is shown in the chart below.
Professional services cover, for the most part, legal
advice, administration, consultancy (when not recorded
in the initiatives), notary services, and recruitment.
Advertising and public relations cover expenses
incurred by the Company in publicity campaigns
promoting the business conducted by the Company,
in order to raise awareness and provide better
understanding in the public realm.
Other services include reprographic services for
maps and satellite imagery, couriers, training expenses,
and staff travel expenses.
134
Annual Report 2013
135
NOTE 16 Other Results
NOTE 17 Net Turnover of Business Figures
A breakdown for “Other Results” for the 2013 and
2012 financial years is outlined below.
A breakdown for the net turnover of business figures per
initiative for the 2013 financial year is outlined below.
Late payment interest accrued and charged have
been calculated taking in account the late payment
law as described in Note 8.b).
A breakdown for the net turnover of business figures
per initiative for the 2012 financial year is outlined
below.
136
Annual Report 2013
137
NOTE 19 Other Information
Net sales correspond to water supplies from initiatives
under exploitation during the current financial year or
amortization tariffs derived from them according to
the agreements signed with the users, and correspond
to the works described in the table for the 2013 and
2012 financial years, respectively.
a)Remuneration and Other Information
about the Board of Directors and Senior
Management
In the years ending on December 31, 2013 and
December 31, 2012 the remuneration accrued by
the Board of Directors members, as allowances,
totaled €131,641 and €164,720, respectively (see
Note 14). They did not receive any other amount
for other items. The amounts for the salaries earned
as of December 31, 2013 and December 31, 2012
by Senior Management staff totaled €513,825
and €568,818, respectively, including severance
payments of €81.798 in 2012. They did not receive
any other amounts for allowances, pension plans,
or life insurance premiums. In the 2013 and 2012
financial years no advances or loans were granted. As
of December 31, 2013 and December 31, 2012, the
Company does not maintain any balance with the
Company’s Directors or Senior Management staff,
nor does it pay for life insurance premiums, pension
plans, retirement plans, or similar obligations on
their behalf.
The Company’s Directors and persons connected
to them do not own shares or positions in companies
whose corporate purpose is identical, similar,
or complementary to that of the Company, in
compliance with Article 229 of the Consolidated text
of the Capital Company Act, with the exception of
those described below.
NOTE 18 Other Operating Income
An outline of the operating income incurred in the 2013
and 2012 financial years together with a breakdown is
shown in the chart below.
b) Fees for Independent Auditors
The auditing company (KPMG Auditores, S.L. ) that
prepares the annual accounts of the Company invoiced
on December 31, 2013 and December 31, 2012 for fees
and expenses for professional services according to the
outline below.
Euros
2013
2012
For auditing services
28.333
28.333
For other services
34.235
62.568
28.333
The amounts in the previous table include all fees
relating the services provided in the 2013 and 2012
financial years, regardless of the moment at which they
were invoiced.
The number of men and women that make up the
Company’s Board of Directors as of December 31,
2013 is 7 men and 5 women; as of December 31,
2012 there were 6 men and 6 women.
138
Annual Report 2013
139
c) Litigation and Contentious Issues
At the time of preparing these annual accounts, the
Company Aguas de las Cuencas Mediterráneas,
S.A., is party to several lawsuits, mainly appearing
as co-defendant together with the State’s Public
Administration, or the Ministry of Agriculture,
Food, and the Environment, sued for administrative
actions in relation to the duties of the Company,
or the Provincial Expropriation Jury, sued for
their appraisal resolutions. At the same time, the
Company has filed cases and appeals, and has been
sued in relation to the ordinary course of business.
Given the nature of the issues, it is not possible
to know the dates on which the necessity of
facing possible liabilities might arise. However,
resolution of the lawsuits is not expected to affect
the equity situation of the company in a significant
way. Therefore, the Company does not consider
it necessary to establish provisions for litigation
and contentious issues, with the exception of an
amount to cover non-payments from private users
of the reuse infrastructure at El Campo de Dalías,
who could become bankrupt, as well as the total
debt owed by the City council of L’ Eliana.
The most relevant lawsuits and a summary of
ongoing lawsuits are outlined below.
1. Lawsuits filed by Acuamed except in the matter
of expropriations.
Civil jurisdiction
a. Complementary actions for residual water
reuse in El Campo de Dalías, Initiative
1.2.a. Lawsuit filed against several users of
infrastructures due to debts from invoices
related to respective agreements of use. The
date of the trial (proceeding from 2011) is fixed
for April 2014 and the amount of the lawsuit as
of December 31, 2013 totals over €1,000,000.
Tax matters
b. This item from 2011 is under appeal before
the Spanish High Court, due to dismissal in
the administrative courts, in relation to the
rectification of self-assessments corresponding
to corporate tax for the 1999-2002 financial
years of the extinct company Aguas del Júcar
for a sum of €3,669,781. Judgment has not yet
been given. The lawsuit was formalized in 2012.
The appeal is based on solid legal rationales,
and the probability of occurrence is 50%.
Contentious-administrative order
c. An appeal against the resolution of an appeal
against the resolution of 23.07.2010 of the
Junta of Andalusia regarding discrepancies in
relation to the access point and connection of
the electrical supply to the Bajo Almanzora
desalination plant. This issue was resolved
favorably to Acuamed in 2013.
d.
Acuamed filed contentious-administrative
appeals and civil lawsuits against the approval
of budgets of Marina Baja Consortium.
Undetermined amount.
140
2. Lawsuits filed by Acuamed, in the matter of
expropriations, against agreements of the
Provincial Expropriation Jury.
These are lawsuits filed by Acuamed because
they consider the appraisal of the Jury
disproportionate.
a. Expropriations of the purified waste water reuse
project in Albufera Sur (Valencia), Initiative
3.2.e. Twelve cases in which the lawsuit amount
is €431,485. Probability of occurrence ranking
(probability between 15% and 50%).
b. Expropriations of the construction, management,
and completion project for the reuse of waste
water at the Pinedo plant. Sections I and II of
the Catarroja-Benifaio pipeline, Initiative 3.2.c.
Fifteen cases in which the lawsuit amount is
€183,226. Probability of occurrence ranking
c.
Expropriations of the project for the
rearrangement of orchard irrigation and sewage
networks in the metropolitan area of Valencia.
New collector west of Albufera Favara channel
(Valencia), Initiative 3.2.h.1. Thirty-four cases
in which the lawsuit amount is of €669,781.
Probability of occurrence ranking (probability
between 15% and 50%).
d. Expropriations of the project for the
construction of Section E, the connection of the
lower reaches of the Júcar river with Section V,
and the new Júcar-Vinalopó pipeline, Initiative
3.2.h.1. One case in which the lawsuit amount
is €38,321. Probability of occurrence ranking
e.Expropriations of the project for the Oropesa
desalination plant and complementary works
(Castellón de la Plana), Initiative 3.1.e.2. Three
cases in which the lawsuit amount is €23,133.
between 15% and 50%). In addition, in 2013
a ruling was made in relation to a case, the
verdict of which was in favor of the resolution
of the Expropriation Jury.
f. Expropriations of the project to laminate and
improve drainage of the Gallinera river basin
(Valencia), Initiation 3.3.d.1. Thirty-six cases
in which the lawsuit amount is €652,094.
g. Expropriations of the project for the
construction, management, and completion
of purified waste water reuse facilities at the
Sueca WWTP (Valencia), Initiative 3.2.d.
Eight cases in which the lawsuit amount is
(probability between 15% and 50%). Three
cases in which the lawsuit amount is €178,022.
of less than 15%).
h. Expropriations of the project for the water
quality program in the Ebro Delta. Supplying
the bays with fresh water from irrigation
Annual Report 2013
canals. Construction of coastal protection and
settling wetlands, Initiative 4.3.e. Seven cases
in which the lawsuit amount is €2,609,752.06.
i. Expropriations of the construction project to
reinforce the supply system in the metropolitan
area of Valencia and Camp de Morvedre.
Sagunto desalination plant, Initiative 3.2.n.
One case in which the lawsuit amount is
€335,237.90. Probability of occurrence ranking
j.Expropriations of the project for the
construction of control works and flood
abatement in the Serpis river basin, Initiative
3.3.f. One case in which the lawsuit amount is
k.In addition, there are several lawsuits in which
the amount is not determined. Probability of
occurrence ranking (probability between 15%
and 50%).
3. Lawsuits filed by the expropriated, against the
agreements of the Provincial Expropriation
Jury or the resolutions of the expropriating
administration, in which Acuamed appears as
co-defendant.
There are approximately 100 lawsuits in which
Acuamed adheres to the position and defense
corresponding to the Provincial Expropriation
Jury or the Ministry of Agriculture, Food,
and the Environment, as expropriators, with
representation from the State Legal Service. The
legal action in jury processes is, in many cases,
the claim that the ground has been assessed as
developable, despite the fact that the treatment
of its administrative and physical situation shows
the contrary, thus indicating that the sentences
will reject the claims of the plaintiffs. The total
amount of these lawsuits is close to €20,000,000.
c. In the social order, during 2013 the pending
lawsuits were resolved favorably to Acuamed.
As of December 31, one dismissal procedure
was underway.
5. Reference to the case of the project “elimination
of chemical contamination in the Flix reservoir”
(Tarragona).
Case 266/1998. There is a ruling at the PC of
Tarragona from 2006, sentencing Ercos to pay
Acuamed 5% of the amount of the investment
to eliminate pollution from the Flix reservoir,
estimated according to the Direct Management
Agreement at €223 m. Pending fulfillment.
6. Other lawsuits against the Ministry of
Agriculture, Food, and the Environment in
which Acuamed appears.
a. Damage claim against MAGRAMA and the
UTE contractor for damages in the work of
the Jucar-Vinalopó pipeline to an individualin addition, he/she is expropriated.
b. Claim of the local public administration of
Balanegra against the public information
and drafting of the minutes of the Dalías
desalination project.
d) Investment Commitments
To develop its Direct Management Agreement,
the Company has tendered and awarded different
contracts that entail a firm commitment to carry
out the work and investment. These costs are set
out in the headings for fixed assets or stocks, as
explained in Note 4, b) and e).
The following chart shows the breakdown of the
contracts awarded for the amount of €527,456,642,
not including VAT, as well as the amount forfeited
as of December 31, 2013 and the pending amount.
4. Lawsuits filed against Acuamed in civil and
social orders.
a.Action to quiet title to easement. The
applicant declares that there is no easement
and an obligation to reinstate the property,
and quantifies the claim at approximately
€600,000. The judgment is scheduled for
May 2014. Probability of occurrence ranking
b.Claim from a contractor for project units
or units outside the project that were not
certified or paid for the amount of €575,233.
The proceedings began in 2012 and judgment
is scheduled for June 2014.
141
NOTE 20 Environmental Information
To finance the commitments set out here, as
well as those necessary in the future in order to
carry out the Direct Management Agreement, the
Company relies on the following, among other
resources:
• The commitments to provide capital included
in its Direct Management Agreement are still
pending payment for an amount of €230,319,000
in relation to the 2015 and 2016 financial years.
• Its net working capital convertible to cash at
the end of the 2013 financial year, comprised
of trade debtors and other receivables, shortterm financial investments, and cash and cash
equivalents less trade creditors and other
payables, reached €60,265,721.
• The recourse to the capital market by entering into
credit transactions with financial institutions,
in accordance with the provisions of the Direct
Management Agreement, for those initiatives
which state this in their corresponding user
agreement.
• The subsidies for capital that come from the
European Union, pending justification both in
the 2000-2006 fund program and the 2007-2013
program.
• Cash flow from operations in the coming
years while the process of construction and
commissioning of assigned actions lasts.
The Company has requested that all users, prior to
the signing of the respective agreements to supply
142
water from the Valdelentisco desalination plant
and its distribution network, provide a bank
guarantee, which implies a total of collateral
provided, at the end of the 2013 financial year,
of €10,849,982, the same amount as the previous
year as there have been no new agreements
backed by bank guarantee.
The Company has granted the following
guarantees:
• With the Department of Infrastructure and
Transport of the Generalitat Valenciana,
€60,247.02 as a performance security for the
construction of coastal intake and discharge
works for the desalination plant that guarantees
the irrigation of the Tajo-Segura transfer.
• With the Junta of Andalusia (Environment
Council), €50,790.21 to authorize the use in the
protection easement zone and the discharge
of process water into the maritime-terrestrial
public domain of the municipality of El Ejido
involving effluent from the Campo de las
Dalías desalination plant in Balerma.
The Company considers that it fully guarantees
its compliance with all its present investment
obligations through both user agreements and
contracts formalized to carry out and develop
the initiatives.
Annual Report 2013
Within its Direct Management Agreement the Company has agreed to a series of actions listed as “Actions to improve
water quality, prevent floods, and restore the environment” from those included in Annex IV of Law 11/2005 of the
22nd of June, which modified Law 10/2001 of the 5th of July, of the National Hydrological Plan. These initiatives,
classified, respectively, as “without cost recovery” or
or “with cost recovery” in the Company’s Direct Management Agreement, are classified in the Balance Sheet under
the headings “Stock” and “Fixed Assets”, the initial balances, transactions, and final balances of the 2013 financial
year, as shown in the chart below.
The initial balances, transactions, and final balances of the 2012 financial year are shown in the chart below.
NOTE 21 Events After Closure of Accounts
After the closing of the 2013 financial year, an initial
proposal was received, in collaboration with the
Ministry of Agriculture, Food, and the Environment,
for the Third Amendment of the Company’s Direct
Management Agreement, which for the first time
would integrate all the initiatives of the three companies
affected by the merger in 2010.
In the time period elapsed from the closing of the
2013 financial year to the date of formulation of these
annual accounts, there have been no other significant
events that require reporting in this section of the
management report.
143
5.7 Signatures
To comply with that set out in Article 253.2 of the Consolidated Text of the Law on Corporations (Royal Decree
1/2010), each and every member of the Board of Directors of Aguas de las Cuencas Mediterráneas, S.A signs below:
Mr. Federico Ramos de Armas
Ms. Liana Ardiles López
Ms. Rosario Cayuela Castells
Mr. Eduardo Ribas Steegman
Ms. M.ª José de Mariano Sánchez-Jáuregui
Mr. Carlos Muñoz Bellido
Mr. Angel Alvarez Capón
Mr. Ricardo de Alfonso López
Mr. Alberto Valdivieso Cañas
Ms. Pilar Vázquez Millán
Mr. Daniel Sanz Jimenez
Mr. Elisa Carbonell Martín
Chairman of the Board of Directors
Board Member Board Member Board Member Board Member Board Member Vice-president of the Board of Directors
Board Member Board Member Board Member Board Member Board Member
This Management Report has been drawn up by the Board of Directors in their meeting of March 4, 2014. This is
one of the four original copies, as proven by the signature on the final page and initials on the remaining pages by
the Secretary and the Chairman of the Board.
Madrid, March 4, 2014
Secretary of the Board of Directors
Signatures
Chairman of the Board of Directors
145

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