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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
Sale of the investment in Bigbang Media, S.L.
On June 19, 2015, the Company sold 30% of the share capital of Bigbang Media, S.L. to Anicar 61, S.L. for 660 thousand
euros.
Capital increase in Premiere Megaplex, S.A.U.
The Company increased its investment in the amount of 2,700 thousand euros in order to restore Premiere Megaplex,
S.A.U.’s equity.This increase was performed by offsetting loans.
Capital increase in Advertisement 4 Adventure, S.L.U. (previously Sogecable Media, S.L.U.)
The Company increased its investment in the amount of 10,993 thousand euros so as to restore the equity of
Advertisement 4 Adventure, S.L.U. This increase took place through the offset of the participating loan held in the
amount of 1,600 thousand euros, and a non-monetary contribution of financial investments owned by the Company in
the amount of 9,393 thousand euros.
b) Main changes in the year ending December 31, 2014
Sale of the investment in Distribuidora de Televisión Digital, S.A. (DTS)
On July 4, 2014, the Company sold 22% of its share capital in Distribuidora de Televisión Digital, S.A. to Telefónica de
Contenidos, S.A., for 325,000 thousand euros, broken down as follows: an initial price of 295,000 thousand euros plus
30,000 thousand euros for renouncing extension or preferential acquisition rights for its investment in Prisa. This sale
represented the recognition of an additional impairment in the investment totaling 60,000 thousand euros in 2014,
which was included in the 84,649 thousand euro impairment loss already recognized during the year.
In 2015, 10,000 thousand euros in additional compensation were received when Telefónica acquired the Prisa package
of shares in DTS, which were recognized during the year under “Gains (losses) on disposals and other gains (losses)”.
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.
Capital increase in Premiere Megaplex, S.A.U.
The Company increased its investment in the amount of 2,000 thousand euros in order to restore Premiere Megaplex,
S.A.U.’s equity.This increase was performed by offsetting loans.
7.2.2. Non-current loans to Group companies
Participating loan granted to Telecinco Cinema, S.A.U
The participating loans amounted to 28,500 thousand euros at December 31, 2015 and 2014. Given the situation of
Telecinco Cinema, S.A.U.’s equity, provisions were recognized amounting to 12,776 thousand euros in 2015 and 15,279
thousand euros in 2014.
Participating loan granted toAdvertisement 4Adventure, S.L.U. (previously Sogecable Media, S.L.U.)
In 2014, the Company held a participating loan with Sogecable Media, S.L.U. amounting to 1,600 thousand euros.This
loan was provisioned in the amount of 1,220 thousand euros. During 2015, the loan was granted through a capital
increase, as reflected in Note 7.2.1.