PCruz060308_01_X17.jpgPenelope Cruz PCruz060308_05_X17.jpg Penelope Cruz, of course!

We caught the sexy senorita stomping around Lanzarote Island in a pair of cutoffs yesterday. Of course, Penelope had some company out there on the beach: her mother, her model friend Goya Toledo - and a full camera crew shooting footage for Broken Embraces! (Hey, we're not complainin' - after all, if you've got a chance to film Penelope looking that hot, you damn well better take it!)