Economic information
This page shows information related to:
Annual Accounts and Audit Report
Report on compliance with economic-financial obligations (Art. 129 General Budget Law)
Interim financial statements (quarterly)
Debt evolution and financing strategy
ADIF-Alta Velocidad's financing strategy aims to diversify financing sources and to reduce costs, by means of the following actions:
First, entering into loan agreements with the European Investment Bank (EIB).
Second, being present in capital markets, by issuing private or public bonds or other fixed-interest securities.
Third, formalising bilateral and/or syndicated loans with financial entities.
Management Report (including the Sustainability Statement), associated Independent Verification Statement, and Audit Report on the Internal Control System over Financial Reporting (ICFR).
Financial year 2024. Adif AV Management Report (includes NFIS) (ENG).
Financial year 2024. Adif AV NFIS Independent Assurance Statement (ENG).
Financial year 2024. Audit Report on Adif AV's Internal Control System for Financial Reporting (ICFR).(ENG.)
Executive Summary of the Sustainability Statement
Financial year 2024. Executive Summary of the Adif AV Sustainability Statement (ENG).
Previous financial years (2014-2023)
Financial year 2023. Adif AV Management Report (includes NFIS) (ENG).
Financial year 2023. Adif AV NFIS Independent Assurance Statement (ENG).
Financial year 2023. Adif AV NFIS Executive Summary (ENG).
Financial year 2022. Adif AV Management Report (includes NFIS) (ENG).
Financial year 2022. Adif AV NFIS Independent Assurance Statement (ENG).
Financial year 2022. Adif AV NFIS Executive Summary (ENG).
Financial year 2021. Management Report (includes NFIS) Adif AV (ENG).
Financial year 2021. Adif AV NFIS Independent Assurance Statement (SPA).
Financial year 2021. Adif AV NFIS Executive Summary (ENG).
Financial year 2020. Management Report (includes NFIS) Adif AV (ENG).
Financial year 2020. Adif AV NFIS Independent Assurance Statement (SPA).
Financial year 2020. Adif AV NFIS Executive Summary (ENG).
Financial year 2019. Management Report (includes NFIS) Adif AV (ENG).
Financial year 2019. Adif and Adif AV NFIS Executive Summary (SPA).
Financial year 2018. Management Report (ENG).
Financial year 2018. Sustainability Report.
Financial year 2017. Management Report (ENG).
Financial year 2017. Sustainability Report.
Financial year 2016. Management Report.
Financial year 2016. Sustainability and Corporate Governance Report.
Financial year 2015. Management Report.
Financial year 2015. Sustainability and Corporate Governance Report.
Financial year 2014. Management Report.
Financial year 2014. Sustainability and Corporate Governance Report.
Financial year 2013. Management Report.
Management Report (includes Corporate Sustainability Information)
Fiscal Years 2018 to 2023
Fiscal Year 2023
Fiscal Year 2022
Fiscal Year 2021
Fiscal Year 2020
Fiscal Year 2019
Fiscal Year 2018
Year 2025. Monthly Trains-kilometer newsletter
Year 2024. Monthly Trains-kilometer newsletter
Year 2023. Monthly Trains-kilometer newsletter
Year 2022. Monthly Trains-kilometer newsletter