Consolidated Annual Accounts 2017

Atresmedia Corporación de Medios de Comunicación, S.A. 2017 FINANCIAL STATEMENTS 22 The Company determines the fair value of the instruments granted to beneficiaries on the grant date. The market vesting conditions are considered when the fair value of the instrument is determined. Vesting conditions, other than market conditions, are taken into account by adjusting the number of equity instruments included in the measurement of the amount of the transaction, so that, ultimately, the amount recognised for services received is based on the number of equity instruments that eventually vest. Consequently, the Company recognises the amount for the services received over the vesting period, based on the best estimate of the number of instruments that will vest, and this estimate is revised based on the rights expected to vest. Once the services received and the corresponding increase in “Other equity instruments” are recognised, no additional adjustments are made to equity after the vesting date, without prejudice to making the corresponding reclassifications in equity. If the Company withholds equity instruments to pay the income tax of the beneficiary to the taxation authority, the plan is treated as having been settled in full in equity instruments, except for the portion of the instruments withheld that exceed the fair value of the tax obligation. 5.- Intangible assets Changes in intangible assets in the balance sheet in 2017 and 2016 (in thousands of euros): Cost Balance at 1/1/17 Additions Increases or decreases due to transfers Balance at 31/12/17 Licence 60,666 - - 60,666 Trademark 15,819 - - 15,819 Computer software 49,384 - 4,169 53,553 Other intangible assets 2,546 - - 2,546 Intangible assets in progress - 4,169 (4,169) - Total cost 128,415 4,169 - 132,584 Accumulated amortisation Balance at 1/1/17 Additions Increases or decreases due to transfers Balance at 31/12/17 Licence (6,067) (6,067) - (12,134) Trademark (3,362) (791) - (4,153) Computer software (39,347) (4,077) - (43,424) Other intangible assets (1,219) (459) - (1,677) Total accumulated amortisation (49,994) (11,394) - (61,388) Total intangible assets Balance at 1/1/17 Balance at 31/12/17 Cost 128,415 132,584 Accumulated amortisation (49,994) (61,388) Total, net 78,421 71,196