Financial information

Budgets

The Canal de Isabel II budgets are contained in the Community of Madrid general budgets - Regional Ministry of Presidency, Justice and Regional Government Spokesperson. For the current budget please visit the Community of Madrid website.

Remuneration for senior managers and directors

Board of Directors

By resolution of the Extraordinary General Meeting of Shareholders on the 3rd December, 2014, the amount each director will receive in allowances for attending Board Meetings and, if applicable, committee meetings, which are established by the Board, is set at €600 per session and director (Art. 17 of the Company Bylaws).

Without limiting the foregoing, members of the Board of Directors will not receive allowances when they fall under any of the limitations established in Law 14/1995, of 21 April on Incompatibilities of Senior Managers from the Community of Madrid or any other legal incompatibility. Nor will any member of the Board of Directors receive an allowance if they have expressly waived their right to it.

The offices of president and vice president of the Board of Directors are not paid.