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Financial information Average period of payment to suppliers

Average period of payment to suppliers

Average period of payment to suppliers

In 2016, the average period of payment to suppliers was 27 days, a time frame that stands below the legal maximum of 60 days.

2016

The average payment period for suppliers of Repsol S.A. in 2016 was 27 days, a time frame that stands below the legal maximum of 60 days established by the Spanish law 15/2010 from July 5th (modified under the final disposition of the second clause of the Spanish law 31/2014), which includes measures to combat late payments in commercial operations. For more information please consult Note 19 "Trade payables and other payables" in the financial statements corresponding to the 2016 financial year.

2015

The average payment period for suppliers of Repsol S.A. in 2015 was 29 days, a time frame that stands below the legal maximum of 60 days established by the Spanish law 15/2010 from July 5th (modified under the final disposition of the second clause of the Spanish law 31/2014), which includes measures to combat late payments in commercial operations. For more information please consult Note 19 " Trade payables and other payables " in the financial statements corresponding to the 2015 financial year.