CNMV - Audits of Issuing Entities. Observations

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Observations

TUBACEX, S.A.

Official Registration No.	3639
Audited by	ARTHUR ANDERSEN AUDITORES, S.A.
Financial Statements date	31/12/1993

Observaciones Individual

El Auditor manifiesta en su opinión que la recuperación del valor ì registrado de los activos y la capacidad para atender las obligaciones ì financieras y de otra índole, de la Sociedad y del Grupo consolidado, ì está supeditada al cumplimiento de los objetivos y condiciones que se ì establezcan en el plan estratégico y en el Proyecto de Reordenación ì Sectorial.