The 15 Non-Utility Spanish Companies With Market Caps EUR 10 Bil or More 2014 Audited Earnings Improving a Bit, Up 13% Over 2013 .... But Have Absolutely Collapsed Since 2007 ..... With 2014 Earnings Down 33% From 2010, Down 18% From 2009, Down 23% From 2008 and Down 34% From 2007 ..... 3 Year Earnings 2012-14 Down a Massive EURO 50 Bil From 2008-10 ..... Economic Actions in Spain Are Not Working For Either the People or For Most of the 15 Largest Companies ..... Spain Should Consider Having Ben Bernanke Take a Look

From a review of the superb Google Finance Website and company investor relations websites, I found 15 Non-Utility Companies headquartered in Spain with Stock Market Capitalizations of EURO 10 bil or more.

Below here are the reported Audited Earnings (Losses) From Continuing Operations for each of  these 15 Spanish Companies for all years reported from 2007 through 2014:

			2014	2013	2012	2011	2010	2009	2008	2007
		Most	Audited	Audited	Audited	Audited	Audited	Audited	Audited	Audited
		Recent	Net	Net	Net	Net	Net	Net	Net	Net
	City	2014	Income	Income	Income	Income	Income	Income	Income	Income
Spanish Companies	HQs	FYE	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)	(Loss)
			mil Euros	mil Euros	mil Euros	mil Euros	mil Euros	mil Euros	mil Euros	mil Euros
Banco Santander SA	Madrid	Dec14	6,961	5,344	2,981	6,062	9,132	9,381	9,013	8,648
Telefonica SA	Madrid	Dec14	3,252	4,969	4,403	6,187	10,072	7,937	7,826	9,119
Bamco Bilbao Vizcaya Argentaria SA	Madrid	Dec14	3,082	970	1,934	3,240	4,714	4,595	4,575	5,777
Inditex SA	Arteixo	Dec14	2,510	2,382	2,367	1,946	1,741	1,322	1,262	1,258
Repsol SA	Madrid	Dec14	976	851	1,965	1,768	4,947	1,732	2,837	3,355
Abertis Infraestructuras SA	Barcelona	Dec14	785	698	1,083	775	743	684	685	756
Red Electrica Corporacion SA	Alcobendas	Dec14	719	530	492	460	390	330	286	243
Bankia SA	Madrid&Valencia	Dec14	686	288	(18,306)	(3,031)	1	NA	NA	NA
Amadeus IT Holding SA	Madrid	Dec14	632	563	496	454	60	255	184	202
CaixaBank SA	Barcelona	Dec14	620	308	229	1,053	1,850	1,335	1,074	1,755
Aena SA	Madrid	Dec14	476	597	(64)	(215)	(157)	(353)	(165)	NA
Grifols SA	Barcelona	Dec14	467	342	255	50	115	148	122	88
ACS Actividades de Construccion y Servicios SA	Madrid	Dec14	464	1,084	(1,512)	1,063	1,312	864	1,039	919
Banco de Sabadell SA	Sabadell	Dec14	377	167	96	236	383	526	249	768
Ferrovial SA	Madrid	Dec14	352	701	646	379	(1,725)	(1,555)	(91)	838
Total all 15			22,359	19,794	(2,935)	20,427	33,578	27,201	28,896	33,726
Earnings % Increases:
….. 2014 Over 2013			13%
Earnings % Decreases:
….. 2014 Below 2010			-33%
….. 2014 Below 2009			-18%
….. 2014 Below 2008			-23%
….. 2014 Below 2007			-34%
Three Year Total Earnings:
….. 2012-14			39,218
….. 2008-10			89,675
………. 3 Year Earnings Decline			(50,458)