49
18.7Years open for review and tax audits
Under current legislation, taxes cannot be deemed to have been definitively settled until the tax
returns filed have been reviewed by the tax authorities or until the four-year statute-of-limitations
period has expired. At 31 December 2013, the Company had from 2005 onwards open for review
for income tax since in 2010 it underwent a partial review in this connection. The Company has
from 2009 onwards open for review for all the other taxes applicable to it.
The Company's directors consider that the tax returns for the aforementioned taxes have been
filed correctly and, therefore, even in the event of discrepancies in the interpretation of current tax
legislation in relation to the tax treatment afforded to certain transactions, such liabilities as might
arisewould not have amaterial effect on the accompanying financial statements.
18.8. Other disclosures
In 2008 the Company acquired non-current assets as required under the terms established in
Article 36.ter of the Spanish Corporation Tax Law as amended in Law 24/2001, for the
reinvestment of the extraordinary income obtained by the Group company Uniprex Televisión,
S.L.U. on the transfer of the ownership interest in a company. This reinvestment (EUR 499,950)
gave rise to a tax credit of EUR 42 thousand, whichwas taken in 2008.
The aforementioned non-current assets continue to be held in use at Atresmedia Corporación de
Medios de Comunicación, S.A. in accordance with Article 42.8 of Spanish Corporation Tax Royal-
Decree Law 4/2004.
Also, in 2009 the Company used the aforementioned tax credit for the reinvestment of
extraordinary income deriving from the transfer of the ownership interest of Gloway Broadcasting
Services, S.L., in compliance with the requirement of Article 42. In 2009 the Company acquired
non-current assets amounting to EUR 6,414 thousand, under the terms and conditions established
in the aforementioned Article to comply with the reinvestment and earned tax credits of EUR 46
thousand that it did not use.
The Company used these tax credits in 2011.
These non-current assets continue to be used and are held in the equity of Atresmedia
Corporación deMedios de Comunicación, S.A.
19.- Foreign currency balances and transactions
The detail of themost significant balances and transactions in foreign currency, valued at the year-
end exchange rate and the average exchange rates for the year, respectively, is as follows (in
thousands of euros):
2013
2012
Accounts receivable
1,075
1,141
Accounts payable
201,386
121,224
Sales
3,181
2,377
Purchases
128,370
104,070
