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Methodology

Exploitation variables

The exploitation variables are repeated throughout all the blocks of the publication, therefore, we define them all below. There are two types of variables: the original variables of the model, and the derived variables generated from the data, which will be very useful for analyzing the information.

Original exploitation variables

  • Number of groups: It is identified by the number of filers of model 231 and represents each of the multinational groups that declare in each of the classifications presented in the tables.
  • Member entities (subsidiaries): The following are considered to be integral entities:
    • Separate business units of a multinational group of enterprises that are included in the consolidated financial statements of the multinational group of enterprises for financial reporting purposes or that would be included if the equity interests of that business unit of the multinational group were traded on a stock exchange.
    • A business unit excluded from the consolidated financial statements of the multinational group solely for reasons of size or relevance.
    • A permanent establishment of an independent business unit of the multinational group that is covered by paragraphs (i) or (ii) above, provided that that business unit prepares, for that permanent establishment, separate financial statements for financial reporting, regulatory, tax or internal management control purposes.
  • Total income: are the gross income of the multinational group. Income must include income from sales of stock and assets, services, royalties, interest, premiums, and any other amounts. Income should not include payments received from other constituent entities that are considered dividends in the payer's tax jurisdiction.
  • Income from third parties: They are the income obtained from entities not associated with the group
  • Income from related entities: They are the income obtained from associated entities of the group.
  • Result before IS: is the profit or loss before corporation tax. Profit/(loss) before corporate tax will include all extraordinary income and expenses. For each group and jurisdiction, this result is net, that is, it is the sum of the profits and losses of the members in the reference jurisdiction.
  • IS paid: Corporate tax paid. Includes income paid to the corresponding tax authorities in cash for corporate tax payments by the member entity in its tax jurisdiction of residence and in any other tax jurisdictions. Among the taxes paid, the tax withholdings entered by other entities (associated companies and independent companies) for payments made to the constituent entity, as well as payments on account and the differential rate, must be recorded.
  • IS accrued: accrued corporate tax. The accrued IS corresponds to the item included in the profit and loss account for income tax and related to the results of the reference year and aggregated for all constituent entities that reside for tax purposes in the tax jurisdiction in question. The accrued corporate income tax will only reflect the accounting estimate of the tax on current-year activities, excluding deferred taxes or provisions for uncertain tax liabilities.
  • Retained earnings: sum of the total undistributed results of all Member Entities resident for tax purposes in the relevant tax jurisdiction at the end of the year. In relation to permanent establishments, the amount of undistributed results will be declared by the legal entity to which the permanent establishment belongs.
  • Number of workers: the total number of full-time equivalent employees (art 14.2.f of the RIS, indicates average staff).
  • Assets: They are tangible assets and real estate investments other than treasury and credit rights; and does not include intangible assets.
  • Capital: It is the amount of declared capital on the date of the end of the tax period.