Annual Report offers an overall view of the MONDRAGON Corporation, by presenting the Corporation’s financial statements and trading account for year-end 2010, which will be accompanied by those for the prior year, in order to effect a year-on-year comparison.
It should be mentioned that, while some companies apply the International Accounting Standards, most co-operatives have elaborated their reports according to the Spanish Accounting Plan.
This information refers to the consolidated balance sheet of all the corporation existing business. It also refers to the added value generated by them during the last two years after purging internal balances and movements.