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FINANCIAL STATEMENTS, MANAGEMENT AND CORPORATE GOVERNANCE REPORT.
2011
Juan Luis Cebrián Echarri
Name
Activity
Arrangement
under which
the activity is
performed
Company
through which
the activity is
carried out
Position held
or function
discharged
Prisa Television, S.A.U.
(formerly Sogecable,
S.A.U.)
Television holding
company
-
-
Vice Chairman
Grupo Media Capital,
SGPS,S.A.
Television holding
company
-
-
Board Member
Promotora de
Informaciones, S.A.
Information holding
company
-
-
CEO and Chairman
of Executive
Committee
In accordance with the above, we hereby state that José Ramón Álvarez Rendueles, Angel Durández Adeva, Miguel
Iraburu Elizondo, Alfredo Messina, Borja de Prado Eulate, Helena Revoredo Delvecchio have not and do not carry out
activities, either on their own or on others’ behalf, in companies engaging in business activities that are identical, similar
or complementary to the activity that constitutes Mediaset España Comunicación, S.A.’s corporate purpose,
25.3. Compensation to key management personnel
Compensation paid to General Directors of the Company and individuals who discharge similar functions, excluding
those who are also members of the Board of Directors, is summarized as follows:
No of persons
Total Compensation (Thousands of euros)
2011
2010
2011
2010
23
21
6,820
7,357
A list of the key management personnel is included in the accompanying management report.
The remuneration consists of a fixed amount and a variable amount. The variable remuneration is determined by
applying a percentage to the fixed remuneration in each case, based on the extent to which cer tain annual targets are
met,
In addition, there is an item of remuneration that is earned over more than one year the targets of which are not cer tain
to be met; however, at 31 December 2011 and 2010, the Company recognised a provision that represent its best
estimate at that date based on a conservative forecast,
A total of 474,600 options were granted to senior executives in 2011 (2010: 900,400 options) for EUR 141 thousand
(2010: EUR 723 thousand) recognised under “Employee benefits expense”,
26. SIGNIFICANT EVENTS AFTER THE REPORTING DATE
At 31 December 2011, test broadcasting had begun by the new channel, Energy, which is par t of the Cuatro
multiplex. After the year-end, this channel was broadcasting normally.