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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
NOTES OFTHE CONSOLIDATED FINANCIAL STATEMENT
(THOUSANDS OF EUROS)
1. OBJECTS OF MEDIASET ESPAÑA COMUNICACIÓN, S.A.
GROUP COMPANIES
MEDIASET ESPAÑA COMUNICACIÓN, S.A. - PARENT
Gestevisión Telecinco, S.A. (the Company), actually Mediaset España Comunicación, S.A. (“Mediaset España”, the
“Company” or the “Parent”) domiciled at the Carretera de Fuencarral to Alcobendas No. 4, 28049 Madrid, was
incorporated as a public limited company on 10 March 1989.
The Company is devoted to the indirect management of Servicio Público deTelevisión, at 31 December 2011 operates
six different TVchannels: Telecinco, Siete, Factoria de Ficción, Boing, Cuatro and Divinity, having commenced test
broadcasting a new channel: Energy.The licenses to operate these channels were granted as follows:
• Based on the terms of the concession granted by the government as per the General Communications Secretary’s
resolution of 28 August 1989, as well as a concession contract ratified by public deed on 3 October, 1989, as well
as the transactions resulting from these arrangements.
• This agreement was renewed for ten years from 3 April 2000 by vir tue of a Council of Ministers’ resolution dated
10 March 2000.
• A Council of Ministers’ resolution of 25 November 2005 extended this concession agreement as well as those of
other national concessionaires to include three DTT (digital terrestrial television) channels.
• A Council of Ministers’ resolution of 26 March 2010 renewed this concession for an additional ten years. The
Company has made all the investments required to star t digital transmissions pursuant to Royal Decree 2169/1998,
of 9 October, which approved the Spanish National Technical Plan for Digital Terrestrial TV.Without prejudice to
the above and in conformity with Transitional Provision Two of the Audiovisual Law, on 3 May 2010 the Company
requested that the concession be changed to a license to offer an audiovisual communication service. Under the
Council of Ministers’ resolution of 11 June 2010 the concession became a 15-year license to offer an audiovisual
communication service.This license is automatically renewable for the same period provided the Company meets
the requirements of Ar ticle 28 of the Audiovisual Law 7/2010, of 31 March.
• Since the analogical blackout on 3 April 2010 (when analogical broadcasts ended), and by vir tue of Additional
Provision Three of Royal Decree 944/2005 on 4 May 2010, the Company has access to a multiple digital license
with national coverage, which increases the channels it manages to four.
• Following the acquisition of Sogecuatro, S.A. in 2010, the Company obtained Cuatro’s multiplex licenses (Cuatro
and three more channels).
• Per Ar ticle 4 of its bylaws, the Company was incorporated for an indefinite period.
• The Company was admitted for listing on the Stock Exchange on 24 June 2004 and its shares are traded on the
Madrid, Barcelona, Bilbao and Valencia Stock Exchanges. The shares were included in the IBEX-35 index on 3
January 2005.