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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
MANAGEMENT REPORT FOR THEYEAR ENDED DECEMBER 31, 2013
(Expressed in thousand of euros)
INTERNET
The Group considers Internet a strategically important current and future activity.
In 2012, the Group broke even in this segment.
According to OJD data, Telecinco was the television website with the highest traffic during the year. The Mediaset.es
website also led communication groups operating in Spain.
The Group’s MiTele website encompasses all its audiovisual content. It bolstered its contents while becoming more
available through its specific areas devoted to film (movies in their original version, i.e., not dubbed) for children’s
programming..
TREASURY SHARES
At December 31, 2013, the Group held 5,563,223 of its own shares, representing 1.37% of share capital.
MEDIASET ESPAÑA SHARE PRICE PERFORMANCE
In 2013, stock exchanges performed positively, with upward swings in main markets such as S&P (US), Dax (Germany),
and Nikkei (Japan), with the first two having reached historical levels.The IBEX 35 trend was positive, reflecting a 21%
revaluation, which is a clear indication of the improved perception equity market investors have of the trend of Spain’s
economy.
Mediaset España’s share price behaved positively in 2013, growing 64.8%: at December 31 it was 8.39 euros (2012: 5.09
euros).
During 2013, Mediaset España’s market capitalization was 3,414 million euros, which means it still leads the sector well
ahead of its nearest competitors: it is well over the all the other Spanish companies in its sector and the fourth-ranked
communication group in Europe.
The average volume of shares traded during the year was 1,552 thousand, equivalent to 10,773 thousand euros, which
is substantially higher than 2012.
Once again, it is especially noteworthy that Mediaset España’s share price reached a yearly high of 9.40 euros on
October 21, with its minimum registered on February 7 (5.03 euros)
CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY
Good practice in corporate governance means establishing rules, principles, and incentives at companies that help
safeguard the interests of the company and its shareholders, and guarantee greater transparency in management.
Mediaset España’s commitment to the regulations and principles of good government have been evident since it first
was listed on the market in 2004. Since then, our focus has been on adapting our different regulating bodies to the
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