PM Payment to Suppliers

Information on the average payment period to suppliers. “Additional Provision Three. Duty of Information” of Law 15/2010, of July 5.

Below is the information required by the Third Additional Provision of Law 15/2010, of July 5 (modified by the Second Final Provision of Law 31/2014, of December 3), prepared in accordance with the Resolution of the ICAC of January 29, 2016, regarding the information to be included in the annual accounts report concerning the average payment period to suppliers in commercial operations for the 2023 and 2022 financial years.

2023

The average payment period to suppliers in 2023 was 34 days, which is below the legal maximum of 60 days established in Law 15/2010 of July 5 (amended by the Second Final Provision of Law 31/2014 and the Third Additional Provision of Law 18/2022), which establishes measures to combat late payments in commercial transactions. In 2023, the total amount paid within this period amounted to €3,879,994 (94% of the total payments to suppliers), and 1,453 invoices (95% of the total supplier invoices). For more information, see Note 27 of the annual accounts report for the 2023 financial year filed with the Cooperative Register. As of the filing date of these annual accounts, corrective measures have been taken to address these discrepancies and comply with the requirements of the law.

2022

The average payment period to suppliers in 2022 was 35 days, which is below the legal maximum of 60 days established in Law 15/2010 of July 5 (amended by the Second Final Provision of Law 31/2014), which establishes measures to combat late payments in commercial transactions. For more information, see Note 27 of the annual accounts report for the 2022 financial year filed with the Cooperative Register.