Alternative performance measures
The company presents its results in accordance with generally accepted accounting practices (IFRS), but nonetheless, Management considers that certain APM provide additional useful financial information which should be taken into account when evaluating the company’s performance.
Ferrovial comprises the parent company Ferrovial, S.A. and its subsidiaries. For detailed information on the companies included, see the scope in the Consolidated Financial Statements. There were a number of transactions in 2016 that resulted in changes to the perimeter, including the acquisition of the Australian service provider Broadspectrum in May 2016.