Page 178 - MEDIASET ESPAÑA / 2013. Financial Statements, Management and Corporate Governance Report

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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2013
(Expressed in thousand of euros)
The schemes for 2012 are as follows:
Number of
options Strike price Assignment
date From To
Options granted 572,325 7.13 2008 07/30//2011 07/29/2013
Options canceled (27,000) 7.13 2008
Plans outstanding at December 31, 2008 545,325
Options granted 319,163 5.21 2009 07/29/2012 07/28//2014
Options canceled (9,000) 5.21 2009
Plans outstanding at December 31, 2009 855,488
Options granted 1,297,650 7.00 2010 07/28//2013 07/27//2015
Options canceled (57,000) 7.00 2010
Plans outstanding at December 31, 2010 2,096,138
Options granted 673,225 5.83 2011 07/27//2014 07/26//2016
Options canceled (28,500) 5.83 2011
Plans outstanding at December 31, 2011 2,740,863
The Group has its own share options to comply with these commitments.
22. FINANCIAL INSTRUMENTS
22.1. Derivatives
The Group uses financial instruments to hedge the foreign currency risks relating to purchases of audiovisual property
rights in the year and, when necessary, to hedge those related to commercial transactions with customers, which are
recognized in the consolidated statement of financial position. As required by the corresponding measurement and
recognition policy, these derivatives are classified as “held for trading”.
The breakdown, by maturity, of the notional amounts of derivatives outstanding at the Group at December 31, 2013 is
as follows:
2013 Notional amount/
Maturity up to one year
Amount in $
Fair value
Dollars Year - end (€/$)
exc. rate
Purchase of unmatured currency
Purchase of dollars in euros 23,481 31,312 1,3791 (777)
Sales of dollars in euros - - -
Net 23,481 31,312 (777)