Page 80 - MEDIASET ESPAÑA / 2013. Financial Statements, Management and Corporate Governance Report

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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
NOTES TOTHE FINANCIAL STATEMENTS FOR THEYEAR ENDED DECEMBER 31, 2013
(Thousands of euros)
16. GUARANTEE COMMITMENTS TOTHIRD PARTIES
The breakdown of guarantees provided as of December 31, 2013 and 2012 is as follows:
(Thousands of euros)
Type 2013 2012
Collateral for contracts, concessions and tenders 27,710 21,268
Legal guarantees 19,300 3,700
Guarantees deposited at the tax authorities 9,029 2,363
56,039 27,331
The Company deposited at December 31, 2013, 27,710 thousand euros in guarantees required for its commercial
activity (2012: 21,268 thousand euros).
The Company pledged a guarantee of 9,029 thousand euros with the Tax and Customs Control Department arising
from its appeal against the tax settlement agreement of which the Department notified the Group on May 20, 2013,
which confirmed the proposal given in the assessment from the tax inspection dated April 16, 2013. The assessment
covered verifications and investigations for “Taxes on games of luck, bets, or chance” during the period from June 2008
to December 2011 (Note 15).
The Company submitted a 15,600 thousand euro guarantee with Section 6 of the National Appellate Court for the
appeal against the administrative decision taken by the CNMV on February 6, 2013 (Dossier SNC/0024/12), by virtue
of which Mediaset España was declared noncompliant with different commitments, thereby authorizing the Telecinco/
Cuatro transaction; a fine was levied equal to the amount of the above guarantee (Note 14).