Page 184 - eco_eng

23.4. The breakdown of “Other expenses” in 2010 and 2009 is as follows:

2010 (thousands of euros)

2009 (thousands of euros)

Other expenses 164.452 145.394 Overprovisions (10.749) (42.545)

Total 153.703 102.849

Overprovisions mainly include the reversal of the provisions explained in Notes 16 and 18.

23.5. Services provided by the auditors

“Other operating expenses” in the accompany consolidated income statement includes the fees for the audit of the Group’s fnancial statements in 2010, conducted by Ernst & Young, S.L., amounting to €174 thousand and €171 thousand in 2009.

The fees for other professional services provided exclusively to the Parent by the principal auditor amounted to €575 thousand at December 31, 2010 corresponding to audit-related services.

23.6. The detail of the Group’s net fnance income in 2010 and 2009

is as follows:

2010 (thousands of euros)

2009 (thousands of euros)

Interest income 7.359 8.335 Less interest expenses (3.907) (5.240)

Total 3.452 3.095

Finance income arises mainly from the interest on loans to related parties and interest earned from banks.

Finance expenses arise from the interest on associates’ loans and the interest on credit facilities.

23.7. Exchange diferences

The detail of the exchange diferences in 2010 and 2009 is as follows:

2010 (thousands of euros)

2009 (thousands of euros)

Exchange gains 135 292 Exchange losses (528) (186)

Total (393) 106

184

Gestevisión Telecinco, S.A. AND SUBSIDIARIES