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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
NOTES TOTHE FINANCIAL STATEMENTS FOR THEYEAR ENDED DECEMBER 31, 2013
(Thousands of euros)
The additions relate to the acquisition of audiovisual rights for future broadcasts. The retirements mainly relate to
transmission rights which have expired and which have been fully amortized; hence the Company derecognizes these
from its balance sheet.
Outstanding provisions at year end 2013 and 2012 correspond to the net carrying amount of rights which, while
expiring later than December 31, 2013 and 2012, did not feature in the channel’s future broadcasting plans at the time
of these financial statements were prepared. Should one of the Company’s networks exercise these broadcasting rights,
the provision would be reversed and the right would be amortized for the amount of the reversal.This would not have
an impact on the income statement.
Of the total amount recognized under “Non-current assets – Audiovisual property rights” in the balance sheet at
December 31, 2013, the Company estimates a 75% percentage consumption for the 12 months subsequent to year
end.This estimate was based on the best information available at that date using the programming budget for the next
year and comparable to 2012 for the next 12 months.
At year-end 2013, there were firm commitments to acquire audiovisual property rights available starting January 1, 2014
for a total amount of $29,798 thousand and 184,008 thousand euros. At December 31, 2013, prepayments of 2,247
thousand euros and $352 thousand had been made in connection with said firm commitments to acquire audiovisual
property rights.
At year-end 2012, there were firm commitments to acquire audiovisual property rights available starting January 1, 2013
for a total amount of $83,939 thousand and 189,333 thousand euros. At December 31, 2012, prepayments of 2,549
thousand euros had been made in connection with said firm commitments to acquire audiovisual property rights.
At December 31, 2013, advances paid for fiction series totaled 5,025 thousand euros. At December 31, 2012, these
advances totaled 190 thousand euros.
At December 31, 2013 and 2012, the amounts of fully depreciated assets still in use are as follows:
2013
2012
Trademarks
39
39
Software
13,399
13,506
Co-production rights
6,712
6,712
Distribution rights
10,397
10,397
Other auxiliary services
539
539
31,086
31,193
The amounts related to property, plant, and equipment items acquired from Group companies at December 31 totaled
2,959 thousand euros (2012: 806 thousand euros).
1...,32,33,34,35,36,37,38,39,40,41 43,44,45,46,47,48,49,50,51,52,...216