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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
NOTES TOTHE FINANCIAL STATEMENTS FOR THEYEAR ENDED DECEMBER 31, 2013
(Thousands of euros)
Acquisition of Editora Digital de Medios, S.L
.
On September 26, 2012, the Company subscribed all of the newly-issued shares issued by Editorial Ecoprensa, S.A.
in accordance with the terms of the capital increase, and paid in 500 thousand euros for them. Following the capital
increase, the Company currently owns 500,000 shares with a par value of 1 euro each, representing 50% of Editora
Digital de Medios, S.L
7.2.2. Receivables from Group companies
Participating loan granted toTelecinco Cinema, S.A.U.
The participating loans amounted to 28,500 thousand euros at December 31, 2013 and 2012. Given the situation of
Telecinco Cinema, S.A.U.’s equity, provisions were recognized for those loans amounting to 22,655 thousand euros in
2013 and 23,709 thousand euros in 2012.
Participating loan to Sogecable Media, S.L.U.
During 2013, the Company had a participating loan agreement with Sogecable Media, S.L.U. amounting to 1,600 thousand
euros (during 2011, it agreed to a partial conversion of this line of credit to a participating loan). 8 thousand euros of
the provision was reversed (a provision of 1,463 thousand euros was recognized in 2011, decreasing the amount of the
participating loan and in 2012 82 thousand euros of the provision were reversed).
Participating loan to Conecta 5Telecinco, S.A.U.
In 2013, the Company had a participating loan agreement with Conecta 5Telecinco, S.A.U. amounting to 6,000 thousand
euros (in 2011, it agreed to a partial conversion of this line of credit to a participating loan). 118 thousand euros of the
provision was reversed (a provision of 3,374 thousand euros was recognized in 2011, decreasing the amount of the
participating loan and in 2012 2,985 thousand euros of the provision were reversed).
7.2.3. Loans to associated companies
Long-term loan to PegasoTelevisión Inc.
In 2013, the long-term loan to PegasoTelevision amounted to 3,200 thousand euros (3,344 thousand euros in 2012)
7.3. Impairment testing
DTS Distribuidora de TV Digital, S.A.
In accordance with accounting standards, at December 31, 2013, the Company performed an impairment test on its
investment in DTS Distribuidora de TV Digital, S.A.