37
After integration of the merged entity at the acquisition date, and in view of the fact that it
was not possible to extract separate information on the revenue and net profit or loss
attributable to the business combination, this informationwas not included.
The directors consider that these pro forma figures represented a reasonable approximation of
the annual performance of the new merged entity and an initial point of reference for
comparison in future years. In order to determine these pro forma revenue and profit or loss
figures, management of the Parent took into account non-current asset depreciation and
amortisation calculated on the basis of the acquisition-date fair values and borrowing costs
calculated on the basis of the situation of the debt after the date of the business combination.
Lastly, it should be noted that fees paid to legal advisers and other professionals involved in
the transaction amounted to EUR 3,428 thousand, of which EUR 2,131 thousand relate to
2012, and are recognised under “Other Operating Expenses” in the consolidated income
statement.
5. Goodwill
The changes in “Goodwill” in the consolidated balance sheets in 2013 and 2012 were as
follows:
Thousands of euros
Balance at
31/12/11
Additions/
Disposals
Impairment
Balance at
31/12/12
Additions/
Disposals
Transfers
Balance at
31/12/13
TELEVISIONBUSINESS:
VNews Agencia de Noticias, S.L.U.
475
(475)
-
-
-
-
-
RADIOBUSINESS:
Uniprex, S.A.U.
172,950
-
(25,392) 147,558
-
555 148,113
Canal Media Radio, S.L.U.
1,899
-
-
1,899
-
-
1,899
Canal Media Radio Galicia, S.A.U.
295
-
-
295
-
(295)
-
Ipar Onda, S.A.U.
260
-
-
260
-
(260)
-
OTHERBUSINESSES:
Cordina Planet, S.L.U.
-
-
-
-
3,181
-
3,181
TOTAL
175,879
(475) (25,392) 150,012
3,181
- 153,193
The change in the goodwill of the Radio business in 2013 is due to the merger by absorption
into the Group company Uniprex, S.A. (Sole-Shareholder Company) of several of its
subsidiaries, as described inNote 2-b on changes in the scope of consolidation.
Also, the Parent's acquisition of control over Cordina Planet, S.L.U. gave rise to goodwill of
EUR 3,181 thousand (see Note 2-b).
The Group periodically assesses the recoverability of the goodwill described in the foregoing
table, considering the cash-generating units on the basis of the business activities of its
subsidiaries, which at year-endwere the radio business and other businesses.
