Annual And Corporate Responsibility Report 2017

7.5.3. Other suppliers of goods and services Procurement of the goods and services needed for the Atresmedia Group to carry on its business is centralised at the Procurement Department, which is purpose-built to provide service to all Group companies. The department has a Purchasing Committee, comprising the CEO, the Chief Audit Executive, the CFO and the Chief Control Officer, to provide a second layer of control over acquisitions considered significant in qualitative or quantitative terms (any acquisition exceeding 50,000 euros). The existence of a company-wide procurement policy and department ensures: Cost savings and optimisation Social responsibility of the chosen suppliers Transparent negotiation process Segregated functions Environmental awareness of the chosen suppliers In 2017, the department arranged a total of 60.85 million euros in purchases from 1,302 different suppliers. Of these, 93% were Spanish companies and 7% foreign, although the expenditure breakdown was slightly different: 89% relating to domestic suppliers and 11% for foreign suppliers. Of total purchasing, 75% came from Madrid, 17% from Catalonia and 3% from Andalusia. 7. OUR CONTRIBUTION  | 167 | ATRESMEDIA  |  ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2017