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The foreign currency transactions, which related to the acquisition of audiovisual property rights and distribution rights, amounted to USD 35 million in 2010 (2009: USD 26 million).

In addition, the balance of the trade payables for purchases of audiovisual property rights includes EUR 12,951 thousand denominated in US dollars in 2010 (2009: EUR 9,303 thousand).

Trade receivables for sales and services includes EUR 57 thousand denominated in US dollars in 2010 (2009: EUR 102 thousand).

23.8. Operating leases

The detail of “Operating Leases” in 2010 and 2009 is as follows:

2010 2009

Miles de euros

Minimum lease payments under operating leases recognised in proft or loss 474 440

474 440

The future operating lease obligations assumed by the Group fall due at one year and are for amounts similar to those for 2010.

24. Earnings per share

The calculation of the weighted average number of shares outstanding and diluted at 31 December 2010 and 2009 is as follows:

31.12.10 31.12.09

Total shares issued 406,861,426 246,641,856

Less: treasury shares (3,567,996) (3,520,562) Total shares outstanding 403,293,430 243,121,294

Dilutive efect of share options and free delivery of shares (2,189,138) (319,163) Total number of shares for calculating diluted earnings per share 401,104,292 242,802,131

24.1. Basic earnings per share:

Basic earnings per share are calculated by dividing the net proft or loss attributable to the Group by the weighted average number of shares outstanding during the year, excluding the average number of treasury shares held in the year.

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Financial Statements, Management and Corporate Governance Report. 2010

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