The Family Enterprise Institute Board of Directors Figures Organisational Structure IEF 2 Family Forum

SOCIAL ECONOMIC DATA


Volume of Income: The average income of the 101 companies which constitute the Family Enterprise Institute totals more than 1.000 million euros.

The total income of these companies represents the equivalent of 15% of Spain’s G.N.P (Gross Nacional Product)

Employment: The companies that belong to the IEF employ more than 700.000 people, 60% of these companies employ more than 1.000 people, per company.

Exports: The profits from exports are more than 10.000 million euros annually.

Fourteen of these firms have been in business over a hundred years.


Distribution by sectors:
  - services 9%
- industry 11%
- foodstuffs, 18%
- construction, 16%
- drinks, 9%
- media&communications, 7,5%
- banking&insurance, 5%
- restaurant&hotels, 7%

DATA REFERENCE TO THEIR FAMILY CHARACTERISTICS

Generational situation:
  - 11%, first generation
- 36%, second generation
- 25%, third generation
- 21%, fourth generation
- 4%, fifth generation
- 2%, sixth generation
- 1%, seventh generation

Generational change: more than half of these companies are in the third or subsequent generation.
Property: In general terms, 92% of these companies´ capital is the property of the family firm
Directives: More than 2,7% is the average number of family members in an executive post.
Stock&Shares: 73% of these companies have a defined policy concerning the sale of dividends.
Internal rules®ulations: 49% of the firms create their own rules and regulations.
Ethical code: 58% have independent advisors.


Instituto de la Empresa Familiar
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The Family Business Enterprise is the only FBN representative in Spain







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Headquarters in Madrid:
Pza. Independencia, 8 4º izda
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Phone : 91 523 04 50
Fax: 91 523 28 68
E-mail:
iefmad@iefamiliar.com