Page 178 - eco_eng

Bank borrowings relates to the amounts drawn on credit facilities granted to the Group, They bear market rate interest, At 31 December 2010, the Group’s undrawn credit amounted to EUR 262,343 thousand, (2009: €222,611 thousand), The interest accrued on these loans in 2010 amounted to EUR 1,364 thousand, (2009: €1,275 thousand).

These fnancial liabilities are classifed in the statement of fnancial position as follows:

2010 2009

Other non-current liabilities (Note 17) 73,853 90,936 Payable to related parties (Note 25) 43,306 22,416 Accounts payable for purchases and services 230,526 102,570 Accounts payable for audiovisual rights 33,934 50,485 Other non-trade payables 132,906 96,224

514,525 362,631

There are no signifcant diferences between the fair value and the net carrying amounts of fnancial assets and liabilities at 31 December 2010 and 2009.

The maturity of the principal fnancial instruments is as shown in the following table (in thousands of euros):

2010 Balance

Maturities

3 months 6 months 12 months 30 months

Payable for purchases or rendering of goods or services

230,526 225,574 4,937 15 -

Payables for purchases of audiovisual rights 33,934 33,844 90 - -

Bank borrowings 71,012 35,322 10,690 25,000 -

Payables for acquisition of assets 4,694 4,004 690 - -

Total 340,166 298,744 16,407 25,015 -

Ejercicio 2009 Balance

Maturities

3 months 6 months 12 months 30 months

Payable for purchases or rendering of goods or services

102,570 99,457 2,556 557 -

Payables for purchases of audiovisual rights 50,485 50,207 17 261 -

Bank borrowings 75,637 13,177 12,468 44,838 5,154

Payables for acquisition of assets 1,233 1,057 176 - -

Total 229,925 163,898 15,217 45,656 5,154

The maturities of the borrowings from related parties are shown in detail in Note 25.1.

In accordance with prevailing mercantile legislation, in 2010 the Group must disclose the outstanding balances owed to suppliers at the reporting date that are older than the deadline provided for in Law 15/2010 of 7 July establishing measures against late payment in commercial transactions, According to this law, payment in general must be made within 60 days, There is a transitional period of 85 days from the entry into force of this law until 31 December 2011, of 75 days in 2012 and 60 from 1 January 2013, At 31

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Gestevisión Telecinco, S.A. AND SUBSIDIARIES