43
2012
Thousands of euros
Assets
Equity
Liabilities
Income
Loss
I3 Televisión, S.L.
2,399
171
2,228
6,812
(9)
Cordina Planet, S.L.
1,533
(857)
2,390
120
(1,859)
Hola TV América, S.L.
150
(472)
621
-
(489)
Antena 3 de Televisión Colombia, S.A.
39
39
-
-
(10)
Canal 3 Televisión de Colombia, S.A.
64
61
3
-
(95)
9.
Financial assets andother non-current assets
The detail of “Non-Current Financial Assets” and “Derivative Financial Instruments” in the
consolidated balance sheets at 31 December 2013 and 2012 is as follows:
Non-current financial instruments
Thousands of euros
Equity
instruments
Loans, derivatives and
other
Total
2013
2012
2013
2012
2013
2012
Loans and receivables
-
-
297
9,694
297
9,694
Available-for-sale financial assets
1,472
3,358
-
-
1,472
3,358
Non-current financial assets
1,472
3,358
297
9,694
1,769
13,052
Other derivatives
-
-
9,413
7,402
9,413
7,402
Derivative financial instruments
-
-
9,413
7,402
9,413
7,402
Total
1,472
3,358
9,710
17,096
11,182
20,454
“Non-Current Financial Assets - Available-For-Sale Financial Assets” includes non-current
financial investments in the equity instruments of companies over which the Group does not
exercise significant influence either because its ownership interest is below 20% or because it
does not participate in the setting of financial or commercial policies. At 2013 year-end, the
balance of this item related to the 45% ownership interest in El Armario de la Tele, S.L.,
measured at the cost incurred; the Group's 15% ownership interest in Audiovisual Española
2000, S.A. was fully impaired. The impact of this impairment was included under “Impairment
of Financial Assets” in the consolidated income statement.
At 2012 year-end, “Loans and Receivables” included EUR 8,840 thousand relating to the
amount deposited in connection with the appeal filed by La Sexta against assessments issued
by the tax authorities relating to the levy on games. At 2013 year-end, this amount had been
transferred to “Current Assets”.
In relation to “Other Derivatives”, in December 2012 the Parent entered into several
agreements with the former shareholders of Gestora de Inversiones Audiovisuales La Sexta,
S.A., including one whereby, in exchange for a fixed market consideration determined at the
date of the agreement and deliverable by Atresmedia Corporación de Medios de Comunicación,
S.A. (premium), the aforementioned counterparty undertook to pay the Parent a variable cash
amount to be determined on the basis of the future economic results of Atresmedia and
payable in 2017. This agreement was amended in February 2014 (see Note 28).
