{"id":22619,"date":"2016-05-20T12:54:21","date_gmt":"2016-05-20T12:54:21","guid":{"rendered":"http:\/\/2019.memoriaecotic.com\/gestion-economica\/"},"modified":"2020-09-10T10:59:01","modified_gmt":"2020-09-10T10:59:01","slug":"economic-management","status":"publish","type":"page","link":"https:\/\/2019.memoriaecotic.com\/en\/economic-management\/","title":{"rendered":"Economic Management"},"content":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; background_color=&#8221;#ffffff&#8221; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1594714133602{background-image: url(http:\/\/2019.memoriaecotic.com\/wp-content\/uploads\/2020\/07\/ecotic-bannertop-pagina4.jpg?id=20803) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; side_padding=&#8221;full width&#8221;][vc_column css=&#8221;.vc_custom_1594377189358{padding-top: 5% !important;padding-right: 15% !important;padding-bottom: 5% !important;padding-left: 15% !important;background-position: center !important;background-repeat: no-repeat !important;background-size: contain !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1598602501772{padding-top: 2% !important;}&#8221;]<\/p>\n<h1 style=\"text-align: left;\"><span class=\"numero-banner\" style=\"color: transparent; font-size: 170px; -webkit-text-stroke: 1.5px white;\">4<\/span><br \/>\n<span style=\"color: #ffffff; text-shadow: 1px 2px 3px rgba(0,0,0,0.5);\">Economic Management<\/span><\/h1>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; background_color=&#8221;#ffffff&#8221; css=&#8221;.vc_custom_1594806208286{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-bottom: 0px !important;background-color: #ededed !important;border-bottom-color: #ededed !important;}&#8221; z_index=&#8221;&#8221;][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1599040911759{margin-bottom: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;15&#8243;][vc_single_image image=&#8221;21847&#8243; img_size=&#8221;200&#215;200&#8243; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;][\/vc_column][vc_column width=&#8221;3\/4&#8243;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;20&#8243;][vc_column_text css=&#8221;.vc_custom_1599206524535{padding-right: 20px !important;padding-left: 20px !important;}&#8221;]<\/p>\n<h2>Optimising investment in the environment<\/h2>\n<p><strong>Estefan\u00eda Cuevas | <\/strong><span lang=\"EN-US\">Finance Department Manager<\/span>[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;6&#8243;][vc_column_text css=&#8221;.vc_custom_1598603083888{padding-right: 20px !important;padding-left: 20px !important;}&#8221;]<\/p>\n<h5>\u201cOnce again we closed a year with positive results, despite the significant increase in the volume of WEEE managed, so we remain on the path of operational efficiency and maximum optimisation of available resources\u201d<\/h5>\n<p>[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;15&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column width=&#8221;1\/6&#8243; css=&#8221;.vc_custom_1556875110963{padding-top: 40px !important;padding-right: 40px !important;padding-bottom: 40px !important;padding-left: 40px !important;}&#8221;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;40&#8243;][vc_column_text css=&#8221;.vc_custom_1598603105619{padding-right: 20px !important;padding-left: 20px !important;}&#8221;]At the close of the 2019 financial year, the Ecotic Foundation achieved a positive result of \u20ac3,953, from individual surpluses of the different Activity Sectors that make up the Foundation. Within Ecotic&#8217;s own and original activity, the items shown below are in very similar percentages to the previous year.[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;5&#8243;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;center&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221;][vc_column][vc_raw_html]JTVCdmlzdWFsaXplciUyMGlkJTNEJTIyMjI2OTIlMjIlNUQ=[\/vc_raw_html][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;5&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column width=&#8221;1\/6&#8243; css=&#8221;.vc_custom_1556875110963{padding-top: 40px !important;padding-right: 40px !important;padding-bottom: 40px !important;padding-left: 40px !important;}&#8221;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text css=&#8221;.vc_custom_1599735538628{padding-right: 20px !important;padding-left: 20px !important;}&#8221;]The percentage referring to WEEE Management, which includes transport, treatment, collection, payments to installers and distributors and payments to local authorities, represents 87.3% of the total. In this section there has been an increase of 11.3% over the previous year, largely due to the significant growth in the volumes managed by Ecotic: 14.5% more tonnes collected and treated than in 2018.<\/p>\n<p>&nbsp;<\/p>\n<p>In particular, the increase was 12.6% in household waste and 40.7% in professional waste. It is worth noting that we have still managed to reduce the average cost per collection, which shows us that we are still on the path to maximum cost efficiency.<\/p>\n<p>&nbsp;<\/p>\n<p>As far as communication is concerned, more effort has been devoted to this item, which was 31.7% higher than in the previous year. The Communication part required by the agreements with the Autonomous Communities has been higher overall, due to the fact that Ecotic&#8217;s market share has increased in 2019 and we had to assume a higher expenditure. In addition, in some individual Communities, having failed to achieve a higher collection target for WEEE during the financial year 2018, this expenditure had to be increased in 2019.<\/p>\n<p>&nbsp;<\/p>\n<p>And as for the Communication of Ecotic&#8217;s own actions, it has increased by 57.8% with respect to 2018 due to the campaigns aimed at installers of air conditioning and refrigeration equipment, with the aim of increasing the collection of these products at the end of their lifespan.<\/p>\n<p>&nbsp;<\/p>\n<p>The amount for Structure has increased by 7.8% with respect to 2018, and that for Other management costs by 3.1%, both of which are within the Foundation&#8217;s budget.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; background_color=&#8221;#ffffff&#8221; border_color=&#8221;#ffffff&#8221;][vc_column][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;40&#8243;][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;20&#8243;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;full_width&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h4 style=\"text-align: center;\">Balance sheet<\/h4>\n<p style=\"text-align: center;\"><strong>31st December 2019 (euros)<\/strong><\/p>\n<p style=\"text-align: center;\">(*) Audited results approved by the Board of Trustees.<\/p>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_column_text]<\/p>\n<h4 style=\"text-align: center;\">Asset<\/h4>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_column_text]\n<table id=\"tablepress-8\" class=\"tablepress tablepress-id-8\">\n<tbody class=\"row-striping\">\n<tr class=\"row-1\">\n\t<td class=\"column-1\">NON-CURRENT ASSET<\/td><td class=\"column-2\">1.486.092<\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Intangible Fixed Assets<\/td><td class=\"column-2\">166.532<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Tangible fixed assets<\/td><td class=\"column-2\">206.003<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Long-term financial investments<\/td><td class=\"column-2\">1.106.781<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Deferred tax assets<\/td><td class=\"column-2\">6.776<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">CURRENT ASSET<\/td><td class=\"column-2\">13.593.985<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Trade and other receivables<\/td><td class=\"column-2\">8.157.269<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Cash and cash equivalents<\/td><td class=\"column-2\">5.436.716<\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr class=\"row-9\">\n\t<th class=\"column-1\">TOTAL ASSET<\/th><th class=\"column-2\">15.080.077<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n<!-- #tablepress-8 from cache -->[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;20&#8243;][vc_column_text]<\/p>\n<h4 style=\"text-align: center;\">Liability<\/h4>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_column_text]\n<table id=\"tablepress-9\" class=\"tablepress tablepress-id-9\">\n<tbody class=\"row-striping\">\n<tr class=\"row-1\">\n\t<td class=\"column-1\">NET WORTH<\/td><td class=\"column-2\">442.968<\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Founding capital<\/td><td class=\"column-2\">30.000<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Surplus from previous years<\/td><td class=\"column-2\">409.015<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Surplus of the year<\/td><td class=\"column-2\">3.953<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">CURRENT LIABILITY<\/td><td class=\"column-2\">14.637.109<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Short-term debts<\/td><td class=\"column-2\">9.625<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Commercial creditors and other accounts payable<\/td><td class=\"column-2\">14.485.188<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Other debts<\/td><td class=\"column-2\">142.296<\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr class=\"row-9\">\n\t<th class=\"column-1\">TOTAL NET WORTH AND LIABILITIES<\/th><th class=\"column-2\">15.080.077<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n<!-- #tablepress-9 from cache -->[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;20&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h4 style=\"text-align: center;\">Profit and loss statement<\/h4>\n<p style=\"text-align: center;\"><strong>31st December 2019 (euros)<\/strong><\/p>\n<p style=\"text-align: center;\">(*) Audited results approved by the Board of Trustees.<\/p>\n<p>[\/vc_column_text][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_separator type=&#8221;normal&#8221; color=&#8221;#ffffff&#8221; thickness=&#8221;5&#8243;][vc_column_text]\n<table id=\"tablepress-10\" class=\"tablepress tablepress-id-10\">\n<tbody class=\"row-striping\">\n<tr class=\"row-1\">\n\t<td class=\"column-1\">COMPANY'S INCOME FROM OWN ACTIVITY<\/td><td class=\"column-2\">26.404.187<\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Procurement<\/td><td class=\"column-2\">-24.994.519<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Staffing costs<\/td><td class=\"column-2\">-813.804<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Other operating expenses<\/td><td class=\"column-2\">-787.401<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Depreciation of fixed assets<\/td><td class=\"column-2\">-201.757<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Surplus provisions<\/td><td class=\"column-2\">406.690<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Other earnings<\/td><td class=\"column-2\">452<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">OPERATING EARNINGS<\/td><td class=\"column-2\">13.848<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">Financial income<\/td><td class=\"column-2\">6<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Financial and other expenses<\/td><td class=\"column-2\">-8.546<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">FINANCIAL EARNINGS<\/td><td class=\"column-2\">-8.541<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">EARNINGS BEFORE TAXES<\/td><td class=\"column-2\">5.308<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">Tax on profits<\/td><td class=\"column-2\">-1.355<\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr class=\"row-14\">\n\t<th class=\"column-1\">SURPLUS FOR THE YEAR<\/th><th class=\"column-2\">3.953<\/th>\n<\/tr>\n<\/tfoot>\n<\/table>\n<!-- #tablepress-10 from cache -->[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;full_width&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner width=&#8221;1\/4&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/4&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/4&#8243;][\/vc_column_inner][\/vc_row_inner][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;80&#8243;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; background_color=&#8221;#ffffff&#8221; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1594714133602{background-image: url(http:\/\/2019.memoriaecotic.com\/wp-content\/uploads\/2020\/07\/ecotic-bannertop-pagina4.jpg?id=20803) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221; side_padding=&#8221;full width&#8221;][vc_column css=&#8221;.vc_custom_1594377189358{padding-top: 5% !important;padding-right: 15% !important;padding-bottom: 5% !important;padding-left: 15% !important;background-position: center !important;background-repeat: no-repeat !important;background-size: contain !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1598602501772{padding-top: 2% !important;}&#8221;] 4 Economic Management [\/vc_column_text][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221;&#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"parent":0,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"full_width.php","meta":{"footnotes":""},"class_list":["post-22619","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/pages\/22619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/comments?post=22619"}],"version-history":[{"count":14,"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/pages\/22619\/revisions"}],"predecessor-version":[{"id":22777,"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/pages\/22619\/revisions\/22777"}],"wp:attachment":[{"href":"https:\/\/2019.memoriaecotic.com\/en\/wp-json\/wp\/v2\/media?parent=22619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}