Page 149 - 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
Acquisition of Editora Digital de Medios, S.L.U.
On September 26, 2012, Mediaset España Comunicación, S.A., subscribed the entirety of the new shares which Editorial
Ecoprensa, S.A. agreed to issue as a capital increase, paying in 500 thousand euros. Following the capital increase,
Mediaset España Comunicación, S.A. currently owns 500,000 shares with a par value of 1 euro each, representing 50%
of Editora Digital de Medios, S.L.
c) Impairment testing of equity method investments
• DTS Distribuidora deTV Digital, S.A.
At December 31, 2012, the performance of Digital+’s business during the year did not give any indications that the
investment was impaired.Therefore, it was not tested for impairment this year.
11. OTHER NON-CURRENT FINANCIAL ASSETS
The following are included under “Other non-current financial assets”:
12/31/12 12/31/11
Available-for-sale financial assets
Long term loans 192 143
Loans to related companies 3,344 49,495
Other 943 5,824
Total 4,479 55,462
Loans to related companies
The breakdown of “Loans to related companies” at December 31, 2012 and 2011 is as follows:
12/31/2012 12/31/2011
Endemol Group’s debt - 46,085
Loans granted to Pegaso 3,344 3,410
Total 3,344 49,495
Endemol Group debt relates to acquisitions made in prior years from third parties under market conditions of Endemol
Group debt, as explained in the notes to the 2011 consolidated financial statements.This debt is measured at amortized
cost. At March 30, 2012, the Group sold a third of this debt, earning 1 million euros; therefore, at December 31, the
Group is no longer an Endemol Group creditor.