23 / 148
14
The measurement of goodwill arising on consolidation (see Note 4),
Programme amortisation (see Note 3-f),
The fair value of certain unquoted assets (see Notes 8 and 14), and
Provisions (see Note 12).
Although these estimates were made on the basis of the best information available at 31
December 2014 on the events analysed, events that take place in the future might make it
necessary to change these estimates (upwards or downwards) in coming years. Changes
in accounting estimates would be applied prospectively, recognising the effects of the
change in estimates in the related consolidated income statements.
At 2014 year-end, the Group had a working capital deficiency of EUR 3,787 thousand
covered in full by the undrawn portion of the syndicated loan.
b)
Basis of consolidation
Subsidiaries
Following are the subsidiaries included in the scope of consolidation:
Company name
Registered
office
Year of
incorporation
Line of business
Owner
2013
%
Antena 3 Eventos, S.L.U.
Madrid
2008
Organisation of events
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Antena 3 Films, S.L.U. (*)
Madrid
2000
Audiovisual productions
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Antena 3 Juegos, S.A.U.
Madrid
2011
Organisation, marketing and operation of
gaming activities
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Antena 3 Multimedia, S.L.U.
Madrid
2004
Commercial management by television
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Antena 3 Noticias, S.L.U. (*)
Madrid
2012
Audiovisual productions
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Atres Advertising, S.L.U. (*)
Madrid
2004
Advertising management
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Atresmedia Foto, S.L.
Madrid
2013
Manufacture and sale of photo albums
and promotional materials
Atresmedia Corporación de Medios
de Comunicación, S.A.
90
Cordina Planet, S.L.U.
Barcelona
2010
Production, distribution, dissemination
and marketing of audiovisual content
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Guadiana Producciones, S.A.U.
Madrid
1994
Audiovisual productions
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
La Sexta Editorial Musical, S.L.U.
Madrid
2008
Management of copyrights
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Música Aparte, S.A.U. (*)
Madrid
1990
Management of copyrights
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Publiseis Iniciativas Publicitarias, S.A.U. (*)
Madrid
2006
Advertising management
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Uniprex, S.A.U. (*)
Madrid
1982
Radio broadcasting services
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Antena 3 Televisión Digital Terrestre de
Canarias, S.A.U.
Las Palmas
2006
Local digital terrestrial television
Uniprex, S.A.U.
100
Canal Media Radio, S.A.U.
Madrid
1997
Radio broadcasting services
Uniprex, S.A.U.
100
Uniprex Televisión Digital Terrestre de
Andalucía, S.L.
Seville
2006
Local digital terrestrial television
Uniprex, S.A.U.
74.2