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11 Capitalised costs

Own work capitalised248,530238,21210,318

This item corresponds to investments carried out directly by regional operating companies and mainly comprises costs sustained by these companies. It also includes personnel costs and financial charges sustained by the Parent Company, for Euro 4,598 thousand (Euro 3,969 thousand at 31 December 2007) and Euro 11,855 thousand (Euro 6,998 thousand at 31 December 2007), respectively. Please see the notes on the balance sheet assets (tangible and intangible assets) and the report on operations for the related analysis.

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