Global corporate website You are in: The Viscofan Group EN | ES INVESTOR RELATIONS OTHER FINANCIAL INFORMATION In this site Viscofan Group details the average period of payment to suppliers in Spain HOME > INVESTOR RELATIONS > OTHER FINANCIAL INFORMATION In 2015 Law 31/2014 came into force, amending the Spanish Companies Act with a view to improving corporate governance. Under this law, companies unable to present abridged income statements must indicate in their management reports the average supplier payment period, calculated using the criteria approved by the Ministry of Finance and Public Administrations, in accordance with paragraph three of the second final provision of Organic Law 2/2012 of 27 April on Budgetary Stability and Financial Sustainability In relation to this reporting requirement, the average payment period of the companies in the Viscofan Group in Spain in 2020 was 24 days and in Viscofan S.A. was 24 days, lower than the maximum under Spanish law. The average payment period was calculated in accordance with the Resolution dated 29 January 2016, of the Spanish Accounting and Auditing Institute, on the information to be included in annual financial statements in relation to the average supplier payment period in commercial operations. ® Viscofan Group All rights reserved Legal Information Privacy policy Cookies policy Contact ABOUT VISCOFAN Letter from the Chairman Mission, vision, values Strategy Viscofan Worldwide History Key Figures Innovation and Projects Contact PRODUCTS AND MARKETS Viscofan products Cellulose Collagen Fibrous Functional solutions Plastics Viscofan Veggie eFAN Where to buy America Africa Asia Europe Middle East Oceania Suppliers area Access to VisNet CORPORATE GOVERNANCE Shareholder Structure Board of Directors Company Bylaws Regulations and Policies Corporate Governance Report Shareholders Agreements Spin-off Whistleblower channel SUSTAINABILITY Our commitment to SDG Our material aspects Dialog with stakeholders Our sustainability areas Environment People Commercial and supply chain management Human rights and society INVESTOR RELATIONS Viscofan share capital Treasury shares Viscofan in the stock exchange Dividends and other remuneration Analysts' coverage Financial information and Annual report Presentations Investor´s Calendar General shareholders meeting Other financial information Information sent to the CNMV Inside Information Other Relevant Information Relevant Events NEWS News Investor's Calendar Contact OUR PEOPLE Send us your CV Job vacancies Cookies in this site are used by Viscofan for personalizing content and measuring site usage in order to improve your visit. You can click on “ACCEPT” to allow the use of all cookies or you can click on "COOKIE SETTINGS" to manage or disable these cookies. Cookies Policy Cookie Settings Accept