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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
Changes in the consolidation scope during the year ended
31 December 2011
• In 2011, Mediaset España Comunicación, S.A. took over and merged subsidiaries Agencia de Televisión Latino-
Americana de Servicios y Noticias España, S.A.U., Sociedad General TV Cuatro, S.A.U. and Compañía Indepen-
diente de Noticias deTelevisión, S.L.This did not have any impact on the Group’s consolidated financial statements.
• Also during the year, the following companies were liquidated: Canal Factoría de Ficción, S.A.U. on 10 November,
Atlas Media, S.A.U. on 10 November ; Agencia de Televisión Latino-Americana de Servicios y Noticias País Vasco,
S.A.U. on 21 December and Mi Car tera Media, S.A.U. on 23 December. This did not have any impact on the
Group’s consolidated financial statements.
• In addition, on 28 November, the Company acquired the 50% stake it did not already own in Premiere Megaplex,
S.A. Accordingly, it was consolidated using the full consolidation method. This did not have a significant impact on
the consolidated financial statements.
• In 2011, the investment in Edam Acquisition Holding was reclassified to “Non-current financial assets”.
Changes in the consolidation scope during the year ended
31 December 2010
• On 28 December 2010,Telecinco acquired 100% of the shares of Sociedad General de TV Cuatro, S.A.U. through
a non-monetary capital increase.This company is the owner of the following companies: Compañía Independiente
de Noticias de Televisión, S.L., Sogecable Media, S.A.U. and Sogecable Editorial, S.A.U. (Note 9).
• On the same date, the Company also acquired 22% of DTS, Distribuidora deTelevisión Digital, S.A., which oversees
the Prisa TV group’s pay TV business, for EUR 487,988 thousand (Note 10).
• In July 2010,Telecinco capitalised USD 5,392 thousand (EUR 4,063 thousand) of loans to Pegaso, raising its inves-
tment in the company to 43.71% of its share capital.
• In the first quar ter of 2010, the Company increased its ownership interest in Producciones Mandarina, S.L. tempo-
rarily to add a new par tner. In this same period,Telecinco recovered a 30% stake in this company.
• On 26 March, Advanced Media, S.A.U., a wholly owned subsidiary of Publiespaña, S.A.U., was dissolved and liqui-
dated.This dissolution and liquidation did not have significant effect on the consolidated financial statements.
• On 28 June, the investment in Publieci Televisión, S.A., also 50% owned by Publiespaña S.A.U., was sold for EUR 186
thousand.This amount was equal to the company’s equity at the date of the transaction.