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125

CONSOLIDATED FINANCIAL STATEMENTS AND CONSOLIDATED MANAGEMENT REPORT 2015

• On May 6, 2014, the digital channels La Siete and Nueve ceased broadcasting in compliance with the sentence

handed down by the Third Chamber of the Supreme Court, as decided at a Council of Ministers meeting held

March 22, 2013.

• Based on an agreement reached by the Council of Ministers on October 16, 2015, the Company was granted a

15-year license to operate a new high-definition TDT channel, which may be extended in accordance with the

terms stipulated by Audiovisual Law. Set broadcasting must begin within six months of being granted.

• Per Article 4 of its bylaws, the Company was incorporated for an indefinite period.

• The Company was admitted for listing on the Stock Exchange on June 24, 2004, and its shares are traded on

the Madrid, Barcelona, Bilbao, and Valencia Stock Exchanges.The shares were included in the IBEX-35 index on

January 3, 2005.

• The Group’s main business activity is selling advertising on the TV channels it operates as a concessionaire, as

well as similar, complementary, and related activities such as:

Audiovisual production

News agency

Advertising promotion

Online gaming

• The Company is head of a Group of subsidiaries making up the Mediaset España Comunicación Group. Conse-

quently, Mediaset España Comunicación, S.A. is required to prepare, in addition to its individual financial state-

ments, consolidated financial statements for the Group.The consolidated Group companies are as follows:

Fully consolidated companies

Country

12/31/15

12/31/14

Grupo Editorial Tele 5, S.A.U.

Spain

100%

100%

Telecinco Cinema, S.A.U.

Spain

100%

100%

Publiespaña, S.A.U.

Spain

100%

100%

Conecta 5 Telecinco, S.A.U.

Spain

100%

100%

Mediacinco Cartera, S.L.

Spain

75%

75%

Publimedia Gestión, S.A.U. (1)

Spain

100%

100%

Advertisement 4 Adventure, S.L.U. (Previously Sogecable Media, S.L.U.)

Spain

100%

100%

Sogecable Editorial, S.A.U.

Spain

100%

100%

Premiere Megaplex, S.A.U.

Spain

100%

100%

Integración Transmedia, S.A.U (1)

Spain

100%

100%

Netsonic, S.L. (1)

Spain

69.86%

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