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CONSOLIDATED FINANCIAL STATEMENTS AND CONSOLIDATED MANAGEMENT REPORT 2015
13. NON-CURRENT ASSETS HELD FOR SALE
In 2014, the Group’s stake in Grupo Yamm Comida a Domicilio, S.L. was transferred to “Non-current assets held
for sale,” which was then sold on January 26, 2015. This divestiture resulted in a 5,438 thousand euro profit which is
recognized under “Gains (losses) on disposals of non-current assets available for sale”.
On June 30, 2014, the 22% investment in DTS, Distribuidora deTelevisión Digital, S.A. (hereinafter, DTS), was transferred
to “Non-current assets held for sale”, adjusting its value to Telefónica de Contenidos S.A.U.’s purchase offer; the latter
is also a shareholder of the Company, and the offer was accepted by the Group.The purchase-sale agreement for the
above investment was signed by both parties on July 4, 2014.
In 2015, 10,000 thousand euros in additional compensation were received whenTelefónica acquired the Prisa package of
shares in DTS, which were recognized during the year under “Gains (losses) on disposals of non-current assets available
for sale “. In 2015, the additional complementary amount of up to 30,000 thousand euros was open, arising from the
potential increase in the number of platform subscribers from the time control passed to Telefónica, with an effective
four-year period from that moment onward.
14. CASH AND CASH EQUIVALENTS
The breakdown of “Cash and cash equivalents” is as follows:
12/31/2015 12/31/2014
Cash
211,397
145,779
Short-term deposits
-
130,003
Total
211,397
275,782
”Short-term deposits” included a simple repo transaction (Treasury bills) totaling 130,000 thousand euros.
No restrictions to the availability of balances exist.