89
2013
Annual Report
25
NOTE 12
. Cash and Cash Equivalents
At 31 December 2013 and 2012 the balances reflect the Company's cash and financial instruments convertible
to cash with a maturity of less than three months.
NOTE 13
.- Equity
13.1.
Capital
At 31 December 2013 and 31 December 2012 the subscribed capital of the Company is represented by
6,326,890 registered shares of Euros 60 par value each, with the same rights and obligations, subscribed and
fully paid. Article 9 of the Company's articles of association stipulates the regulation for the transfer of its
shares.
At 31 December 2013 and 2012 the companies which hold an interest in the share capital of the Company and
their percentage ownership, are as follows:
Since 1 January 2012, as a result of the spin-off of the financial businesses of Bilbao Bizkaia Kutxa, Aurrezki
Kutxa eta Bahitetxea (BBK), Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastián – Gipuzkoa eta
Donostiako Aurrezki Kutxa (Kutxa) and Caja de Ahorros de Vitoria y Álava – Araba eta Gasteizko Aurrezki Kutxa
(Vital) to Kutxabank, S.A., the latter (Kutxabank) has assumed all obligations and all the rights and shares
comprising the equity of BBK, Kutxa and Vital.
2013
2012
Cash
1,292
227
Cash equivalents
4,997
-
Total
6,289
227
Number of
shares
Percentage
ownership
Number of
shares
Percentage
ownership
Kutxabank, S.A.
2,710,065
42.83% 1,910,038
30.19%
CK Corporación Kutxa–Kutxa Korporazioa, S.L.
-
-
800,027
12.64%
Araba Gertu, S.A.
447,053
7.07% 447,053
7.07%
Grupo Kutxabank
3,157,118
49.90% 3,157,118
49.90%
International Cable, B.V.
3,043,234
48.10% 3,043,234
48.10%
Iberdrola, S.A.
126,538
2.00% 126,538
2.00%
Total
6,326,890
100.00% 6,326,890
100.00%
31.12.2013
31.12.2012
