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49

FINANCIAL STATEMENTS AND MANAGEMENT REPORT 2015

The profit (loss) of the group companies and associates shown in the above table corresponds entirely to continuing

operations. None of the group companies or associates is listed on the stock exchange.

The breakdown of the long term loans extended to the group companies at December 31, 2015 and 2014 is as follows:

Thousands of euros

2015 2014

Conecta 5 Telecinco, S.A.U.

6,000 6,000

Telecinco Cinema. S.A.U.

15,724 13,221

Advertisement 4 Adventure, S.L.U.

(Previously Sogecable Media, S.L.U.)

-

380

Mediacinco Cartera, S.L.

- 33,436

21,724 53,037

Interest rates on these loans are EURIBOR plus a market spread.

The breakdown of “Loans to associates” at December 31, 2015 and 2014 is as follows:

Thousands of euros

2015 2014

Pegaso Televisión, Inc

4,053 3,634

4,503 3,634

Interest rates on these loans are EURIBOR plus a market spread.

7.2. Significant movements

7.2.1. Equity instruments

a) Main changes in the year ending December 31, 2015

Acquisiton of Emissions Digitals de Catalunya, S.A.U.

On May 27, 2015, the Company acquired shares representing 40% of the share capital of Emissions Digitals de

Catalunya, S.A.U. from Catalunya Comunicacio, S.L.U. for 8,800 thousand euros, by virtue of a loan between Mediaset

España Comunicación, S.A. and Catalunya Comunicacio, S.L.U.

Sale of the investment in Editora Digital de Medios, S.L.

On March 9, 2015, the Company sold 50% of the share capital in Editora Digital de Medios, S.L. to Editorial Ecoprensa,

S.A. for 66 thousand euros.

Sale of the investment in 60 dB Entertainment, S.L.

On June 3, 2015, the Company sold 30% of the share capital in 60 dB Entertainment, S.L. to Before Share, S.L. for 117

thousand euros.