Page 120 - MEDIASET ESPAÑA / 2012. Financial Statements, Management and Corporate Governance Report

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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
• Also during the year, the following companies were liquidated: Canal Factoría de Ficción, S.A.U. on November 10,
Atlas Media, S.A.U. on November 10, Agencia de Televisión Latino-Americana de Servicios y Noticias País Vasco,
S.A.U. on December 21, and Mi Cartera Media, S.A.U. on December 23.This did not have any impact on the Group’s
consolidated financial statements.
• In addition, on November 28, 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.”
SUBSIDIARIES
Subsidiaries are defined as companies over which the parent has the capacity to exercise effective control, which is
presumed to exist when the parent directly or indirectly owns half or more of the voting power of the investee.
1. Fully consolidated companies (wholly-owned by Mediaset España
Comunicación S.A.)
Grupo Editorial Tele 5, S.A.U.
Grupo Editorial Tele 5, S.A.U. was incorporated in Madrid on July 10, 1991, and its registered office is at Carretera de
Fuencarral a Alcobendas, nº 4, Madrid.
Its company objective is to carry on, inter alia, the following activities which are complementary to operating a television
channel: the acquisition and exploitation of phonogram and audiovisual ecording rights, artistic representation, the
promotion of events and the publishing, production, distribution, and marketing of publications and graphic materials.
Telecinco Cinema S.A.U.
Digitel 5, S.A.U. was incorporated in Madrid on September 23, 1996. Its registered office is in Madrid, at Carretera de
Fuencarral a Alcobendas, nº 4.
In November 1999, the change of its corporate name from Dígitel 5, S.A.U. to Estudios Picasso Fábrica de Ficción, S.A.U.
was registered at the Mercantile Registry.
In May 2007, the change of its corporate name to Producciones CinematográficasTelecinco, S.A.U. was registered at the
Mercantile Registry.
In November 2007, the change of its corporate name to Telecinco Cinema, S.A.U. was registered at the Mercantile
Registry.
The company object includes mainly, although not exclusively, the provision of television broadcasting services through
digital technology, research, development and commercialization of new technologies related to telecommunications;
any activity that might be required for television broadcasting, intermediation in the markets for audiovisual rights;
organization, production, and broadcasting of shows or events of any kind.