In Spain a new law was passed (JUS/206/2009) which dictates that as of 2008, significantly more information is required to be included in the balance sheet submitted by companies than previously.

In addition to the balance sheet and profit & loss account, companies are required to provide detailed information on any changes in their own funds. In addition to a more detailed balance sheet, companies are also required to explain the obligated changes in their accounting plan. This means that balance sheet and profit & loss account must refer to the corresponding paragraph in the Annual Report .