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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
b) Main changes in the year ending December 31, 2011
Mediacinco Cartera, S.L. capital increase
In 2011, in order to a restore its equity, the Company undertook the following transactions:
• A share capital reduction of 236,996 thousand euros to offset losses.
• A share capital increase for a nominal 47 thousand euros with a share premium of 189,953 thousand euros in
compensation of participating loans.
Mediaset España Comunicación, S.A., owner of 75% of Mediacinco Cartera, S.L., assumed its share of the previous
transactions, as did the other shareholder, Mediacinco Cartera, S.L.
The participating loans held by Mediaset España Comunicación, S.A. and converted into equity amounted to 142,500
thousand euros before conversion.
Acquisition of the remaining 50% of Premiere Megaplex, S.A.
On November 28, 2011, the Company acquired the 50% of Premiere Megaplex, S.A. it did not already own for 24
thousand euros.This gave it 100% ownership of Premiere Megaplex, S.A.
Sogecable Media, S.L.U., Sogecable Editorial, S.L.U., Aprok Imagen, S.L., La Fabrica de la Tele, S.L., and Producciones
Mandarina, SL:
As a result of the merger between Agencia de Televisión Latinoamericana de Servicios España, S.A.U. and Sociedad
General de Televisión Cuatro, S.A.U., the following companies were included in Mediaset España Comunicación, S.A.’s
balance sheet (under “Non-current assets - Investments in Group companies and associates”):
• Sogecable Media, S.L.U., with a net carrying amount of 0 euros following the write-off of the value of the investment.
• Sogecable Editorial, S.L.U., with a net carrying amount of 3 thousand euros.
• Aprok Imagen, S.L., with a net carrying of amount of 0 euros following the write-off of the value of the investment.
• La Fabrica de la Tele, S.L. with a net carrying amount of 40 thousand euros.
• Producciones Mandarina, S.L., with a net carrying amount of 90 thousand euros.
Liquidation of Canal Factoría de Ficción, S.A.
On November 10, 2011, the Company decided on the simultaneous dissolution and liquidation of Canal Factoría de
Ficción, S.A.U.
7.2.2. Receivables from Group companies
Participating loan granted to Telecinco Cinema
The participating loans amounted to 28,500 thousand euros at December 31, 2012 and 2011. Give the situation of
Telecinco Cinema, S.A.U.’s equity, provisions were recognized for those loans amounting to 27,527 thousand euros in
2011 and 23,709 thousand euros in 2012.
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