3. Basis of return of the cost of capital


Bearing in mind PTC’s asset  structure, and according to the views expressed by BT, non-current assets should continue to be considered in the basis of return of the cost of capital, including tangible assets, intangible assets and financial investments, to be applied as from 2012.

Methodology to be applied from 2012
 
As in the determination of 2010, the basis of return of the cost of capital shall correspond to non-current assets, including tangible assets, intangible assets and financial investments.