BUSINESS MODEL
152
4. Relates to assistance received for film co-production activities.
5. Only advertisers with investment in any Mediaset España channel have been taken into
account.
6. Relates to web access of Telecinco, Cuatro, Divinity and Mitele.
7. Source: Oficina de la Justificación de la Difusión (OJD).
8. 
Average number of web users a day:
2011
2012
2013
Total net revenue
(thousand euro)
1,009.33
886.73
826.8
Profit/ net revenue
16.3%
5.5%
8.5%
Adjusted EBITDA
(thousand euro)
180.19
64.94
87.19
Adjusted EBITDA /
net revenue
17.85%
7.3%
10.5%
Net financial position
(thousand euro)
26.45
73.72
93.48
Origin-based tax paid
(thousand euro)
38.48
2.79
-6.18
Government financial assistance
(euro)
4
511,530
0
2,176,553
Community donations (euro)
57,241
219,921
106,204
Content producers
43
24
35
Programmes generated
124
78
46
Acquisition contracts for
third- party production
88
66
113
Investment in environmental
improvement (euro)
76,215
0
0
Advertiser number
5
790
834
831
Web access number
6 and 7
418,991,481 595,199,432 657,346,884
Daily web user average
5 and 8
1,249,023
AVERAGE
USER/DAY
TELECINCO.ES CUATRO.COM DIVINITY.ES
MITELE
2013
1,108,761
180,192
87,773
277,894
2012
659,224
135,873
62,471
195,450
OTHERS
PERFORMANCE
INDICATORS
ECONOMICS
HIGHLIGHTS
1...,142,143,144,145,146,147,148,149,150,151 153,154,155,156,157,158,159,160,161,162,...178