The Department's main responsibilities involve the preparation of the Group's Treasury Budget, the preparation of Financial Reports in relation to the Group's balance sheet and financial operations, the monitoring of both indebtedness and the business provided to the different financial institutions with which the Group companies work and controlling the provision of funds to JVs.

At a more internal level, at the Financial and Central Services Division, the Department is responsible for forecasting and monitoring the financial result recorded by Central Services and forecasting and monitoring the structure costs of the Finance departments.

The duties and tasks performed by this Department are as follows:

Group Treasury Budget

Consolidation and analysis of the Monthly Treasury Budget (six-month and 1-year).
Monthly analysis of the Treasury Budgets of Subsidiaries.
Preparation of the Treasury Report as established in the Financing Contract.

Group Financial Reports

FCC Group and Refinancing Group Monthly Financial Report.
Report on Indebtedness, Ratios and monitoring of Hedges.
Analysis of New Financial Derivatives as well as the Monitoring and Control of the Group's existing Financial Derivatives.
Preparation of Financial Notes for the Annual Report and Corporate Documents.
Group's Bank Business with Credit Institutions
Consolidation of the Group's Bank Business.
Preparation of reports (by institutions, by company, by risk concept, etc.).

Other

Control of the provision of funds to the JVs of top-tier companies.
Control of the provision of funds to Subsidiaries or investments in line with the approval of the Management or Executive Committee.
Preparation of the Financial Result of Central Services for the Economic Plan and Monitoring of Real Results.
Preparation of the Structure Cost Forecast for the Financial Division's Economic Plan and Monitoring of the Real Cost.
Monitoring deferrals with the Spanish tax authorities and Social Security.