Average period of payment to suppliers
13.05.16 | 08:56h.
The entry into force of the Law 31/2014 of December 3rd establishes the obligation for corporations to publish in the notes of their annual accounts and on its website expressly , their average payment period to suppliers.
Regarding this disclosure, for year-end 2015, the average payment period to suppliers for the company and its group is as follows:
Mediaset España Comunicación, S.A: 77 days
Group Mediaset España Comunicación: 77 days
The company is improving the communication process with its suppliers in order to reduce the time for them to comply with the necessary commercial and fiscal requirements under current legislation, which explains the difference in the number of days observed regarding the maximum stipulated in the regulations on default. The company scrupulously complies with both the requirement of suppliers due certificates, which the timing and method of reception depends not only on the company but also the diligence of third parties, such as making sure that invoices received are not paid unless they conform in all respects with the rules and requirements applicable to it. The company properly manages incidents that occur in relation to these aspects until the complete resolution of the same.
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