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
2015
%
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 Cine, S.L.U. (*)
Madrid
2000
Audiovisual productions
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
Atresmedia Música, S.L.U.
Madrid
2015
Management of music rights
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Cordina Planet, S.L.U.
Barcelona
2010
Production, distribution, dissemination
and marketing of audiovisual content
Atresmedia Corporación de Medios
de Comunicación, S.A.
100
Flooxplay, S.L.U.
Madrid
2015
Production and distribution 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
Música Aparte, S.A.U. (*)
Madrid
1990
Management of copyrights
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
Uniprex Televisión, S.L.U.
Madrid
2004
Indirect management of TV service
Uniprex, S.A.U.
100
Uniprex Valencia TV, S.L.U.
Valencia
2005
Local digital terrestrial television
Uniprex, S.A.U.
100
(*) Audited companies.
The subsidiaries over which the Group exercises control are fully consolidated and all
their assets, liabilities, income, expenses and cash flows are included in the consolidated
financial statements after making adjustments to adapt the accounting policies used to
those applied by the Group and adjustments and eliminations relating to intra-Group
transactions.
The Group considers that it exercises control over a company when it has sufficient
power to govern its financial and operating policies so as to obtain benefits from its
activities.
The results of subsidiaries acquired during the year are included in the consolidated
statement of profit or loss from the date of acquisition to year-end.