Note 32.- Financial Income and Expenses

Breakdown of “Financial Income and Expenses” at the close of the 2009 and 2008 exercises:

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The most significant amounts of Financial Incomes and Expenses at close of the 2009 exercise are part of the incomes from financial investment benefits, debt interest expenses (corporate debt and without recourse applied to projects) and fair value losses on interest rate derivative financial instruments (see Note 11.3).