Consolidated Annual Accounts 2017
Atresmedia Corporación de Medios de Comunicación, S.A. 2017 FINANCIAL STATEMENTS 29 Non-current loans to group companies and associates (in thousands of euros): Loans Balance 1/1/17 Additio ns Transfers Disposa ls Balance 31/12/1 7 Uniprex, S.A.U 30,000 - (4,000) - 26,000 Atresmedia Cine, S.L.U. 57,248 - 206 - 57,454 Atres Hub Factory, S.L. 125 - - - 125 Total 87,373 - (3,794) - 83,579 Loans Balance 1/1/16 Additio ns Transfers Disposa ls Balance 31/12/1 6 Uniprex, S.A.U 48,000 - (18,000) - 30,000 Atresmedia Cine, S.L.U. 59,191 - (1,943) - 57,248 Atres Hub Factory, S.L. - 125 - - 125 Total 107,191 125 (19,943) - 87,373 In December 2012 the Company granted a loan to Uniprex, S.A.U. for a total amount of EUR 100,000 thousand, EUR 90,000 thousand of which were non-current, with annually maturity between 2014 and 2018 bearing fixed interest of 4.5%, reviewed annually. In 2017, EUR 4,000 thousand were transferred to current (see Note 19.2). In addition, the Company granted a loan to Atresmedia Cine, S.L. Unipersonal (formerly Antena 3 Films, S.A. Unipersonal), which matures on 31 December 2020 and has a limit of EUR 150,000 thousand. This loan earns interest at a fixed annual market rate. The amount drawn down at 31 December 2017 was EUR 57,454 thousand (see Note 19.2). In December 2016, the Company granted Atres Hub Factory, S.L. a participating loan facility for up to EUR 125 thousand, maturing on 31 December 2018. This facility earns floating interest determined based of Atres Hub Factory, S.L.'s business performance. The most representative acquisitions and sales of ownership interests in other entities and other significant corporate transactions in 2017 were as follows: - on 16 February 2017, the Company contributed EUR 572 thousand to associate Hola Televisión América, S.L., of which EUR 143 thousand related to capital and EUR 429 thousand to share premium. This did not result in any increase in its ownership in the company. - on 21 February 2017, the Company acquired shares representing 10% of the share capital of subsidiary Atresmedia Foto, S.L. for EUR 6 thousand. After this transaction, the interest held in this subsidiary increased to 100%. - in December 2017 the Company contributed capital of EUR 521 thousand to its subsidiary Flooxplay, S.L. Unipersonal and EUR 1,249 thousand to its subsidiary Atresmedia Foto, S.L. Unipersonal. These transactions did not result in a change in the percentage of ownership.
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