Page 119 - MEDIASET ESPAÑA / 2012. Financial Statements, Management and Corporate Governance Report

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FINANCIAL STATEMENTS AND MANAGEMENT. ANNUAL CORPORATE GOVERNANCE REPORT. BALANCE SHEETS 2012
• The Company is head of a Group of subsidiaries making up the Mediaset España Comunicación Group (“the Group”).
Consequently, Mediaset España Comunicación, S.A. is required to prepare, in addition to its individual financial
statements, consolidated financial statements for the Group.The consolidated Group companies are as follows:
Fully consolidated companies Country 2012 2011
Grupo Editorial Tele 5, S.A.U. Spain 100% 100%
Telecinco Cinema, S.A.U. Spain 100% 100%
Publiespaña, S.A.U. Spain 100% 100%
Conecta 5 Telecinco, S.A.U. Spain 100% 100%
Mediacinco Cartera, S.L. Spain 75% 75%
Publimedia Gestión, S.A.U. (1) Spain 100% 100%
Sogecable Media, S.A.U. Spain 100% 100%
Sogecable Editorial, S.A.U. Spain 100% 100%
Premiere Megaplex, S.A.U. Spain 100% 100%
Companies accounted for using the equity method Country 2012 2011
Pegaso Televisión, Inc USA 44% 44%
Bigbang Media, S.L. Spain 30% 30%
Producciones Mandarina, S.L. Spain 30% 30%
La Fábrica de la Tele, S.L. Spain 30% 30%
DTS, Distribuidora de Televisión Digital, S.A. Spain 22% 22%
Furia de Titanes II,A.I.E. Spain 34% -
Editora Digital de Medios, S.L. Spain 50% -
60 DB Entertainment, S.L. Spain 30% -
(1) The ownership interest in these companies is held through Publiespaña, S.A.U.
Changes in the consolidation scope during the year ended December 31, 2012
• In 2012,Telecinco Cinema, S.A.U. acquired 34% of Agrupación de Interés Económico Furia de Titanes II, A.I.E.
• On July 26, 2012, Editora Digital de Medios, S.L.U. was formed; Mediaset España Comunicación, S.A. owns 50%.
• Mediaset España Comunicación, S.A. also acquired 30% of 60 DB Entertainment, S.L.U.
Changes in the consolidation scope during the year ended December 31, 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 Independiente
de Noticias de Televisión, S.L.This did not have any impact on the Group’s consolidated financial statements.