Spain Public Country-by-Country Report
The report is published on behalf of Fortrea Spain to meet the public Country by Country Reporting requirements as required in Spain by the Eleventh Additional Provision (“11th AP”) of Law 22/2015.
This report includes Spain-only data and has been prepared to meet Spain's requirement to publish within six months of a company's year-end (i.e., December 31, 2025), which is earlier than the timeline applicable in other EU Member States. The information to prepare a full Country by Country Report on income tax was not made available to Fortrea Spain within this accelerated timeframe as the preparation, review, and approval process for the complete Fortrea Holdings Inc EU CbC Report is aligned with the standard 12-month reporting timetable set out in the Directive. The Company will publish its complete EU Public CbC report, which will include the relevant information as prescribed under the EU Directive by December 31, 2026 (i.e., 12 months after the balance sheet date). Accordingly, this version should not be viewed as representative of the Company's complete EU operations.
The ultimate parent intends to publish a complete public CbC report within the 12-month deadline.
| Section 1. General information | |
|---|---|
| Name of the ultimate parent of the group / of the standalone undertaking | Fortrea Holdings Inc. |
| Country where the ultimate parent has its registered office | US |
| Financial Year – start date | 1 January 2025 |
| Financial Year – end date | 31 December 2025 |
| Reporting currency | EUR |
| Is the information in the report based on reporting instructions used for tax purposes, pursuant to Section III, Parts B and C, of Annex III to Directive 2011/16/EU (yes/no)? | Yes |
| Section 2. Overview of information on a country-by-country basis | |||||||
|---|---|---|---|---|---|---|---|
| Tax jurisdiction | Country code | Revenues | Profit (loss) before income tax | Income tax paid – on cash basis | Income tax accrued – current year | Accumulated earnings | Number of employees |
| Spain (EUR) | ES | 38,355,233 | (724,302) | (1,395,179) | 565,172 | 29,807,688 | 380 |
| Spain (USD) | ES | 43,339,245 | (818,421) | (1,576,473) | 638,612 | 33,681,003 | 380 |
| Section 3. List of subsidiaries and activities | ||
|---|---|---|
| Member State / Tax jurisdiction | Name of subsidiary undertaking | Brief description of the nature of activities in the Member State or tax jurisdiction |
| ES | Fortrea Spain SAU | Other |
| Section 4. Omitted information |
|---|
| Not applicable |
| Section 5. Explanations for material discrepancies between income tax paid and accrued |
|---|
| Not applicable |