114 / 148
The assets available for sale reflects the long-term financial investments in equity instruments
of companies over which the Company does not exercise significant influence in accordance
with the provisions of the standard preparation of annual accounts number 13, by not
participating in the setting process financial and trade policies. The increase in this term
reflects the strategy of diversification, additional to the advertising revenue growth developed
by the Company, through investments in broadcast advertising in exchange of participation in
the society. Among them we can highlight the investment in El Armario de la Tele, S.L. and
Groupalia Compra Colectiva, S.L. (see Note 19.2).
8.2 Current financial assets
The detail of “Current Financial Assets” at the end of 2014 and 2013 is as follows (in
thousands of euros):
2014
2013
Derivatives:
Derivatives (Note 10)
11,740
698
Assets available for sale
Valuated at cost
2,211
-
Loans and receivables:
Short-term guarantees and deposits
233
678
Total
14,184
1,376
8.3 Non-current investments in Group companies and associates
The detail of “Non-Current Investments in Group Companies and
Associates” at the end of 2014 and 2013 is as follows (in thousands of
euros):
2014
2013
Investments in Group companies and associates (Note 21.2)
94,906
76,288
Long-term loans to Group companies and associates (Note 21.2)
128,481
125,322
Total
223,387
201,610