Information on the Average Payment Period to Suppliers

During 2024, the average payment period to suppliers of the Spanish companies of the KCE Group was 51.43 days, a period below the legal maximum of 60 days required by Law 15/2010 of July 5th (amended by the Second Final Provision of Law 31/2014 and the Third Additional Provision of Law 18/2022) which states measures to combat late payment in commercial transactions.

In 2024, regarding invoices subject to the Spanish Late Payment Act, the monetary volume and number of invoices paid within the required legal period amounted to 176 million euros (90.24% of the total amount of payments to suppliers) and 30,621 invoices (90.88 % of the total number of supplier invoices).