Consolidated Annual Accounts 2017

Atresmedia Corporación de Medios de Comunicación, S.A. 2017 FINANCIAL STATEMENTS 37 EUR 105,920 thousand to the payment of dividends, of which EUR 49,487 thousand related to the interim dividend paid on 15 December 2016. The remainder was paid as a final dividend of EUR 0.25 per share (after attributing the dividend rights of the treasury shares) corresponding to all the shares representing the Company's share capital, excluding treasury shares. The final dividend was paid on 21 June 2017 for an amount of EUR 56,235 thousand, representing a 33% increase on the par value. In addition, approval was given of a special dividend charged to voluntary reserves for a maximum amount of EUR 101,580 thousand, equivalent to EUR 0.45 per share, corresponding to all the shares representing the Company's share capital, excluding treasury shares. This dividend was paid on 21 December 2017, for EUR 101,223 thousand. At the Company's Board of Directors meeting held on 22 November 2017, a resolution was passed to distribute, out of the Parent's profit for 2017, the gross amount of twenty-two euro cents (EUR 0.22) for each of the 225,732,800 shares of EUR 0.75 par value representing the share capital, of which 791,880 are treasury shares. Accordingly, the dividend rights inherent to treasury shares were attributed proportionately to the other shares in accordance with Article 148 of the Spanish Companies Act. This dividend was paid to shareholders as an interim dividend on 13 December 2017, for a total amount of EUR 49,487 thousand, representing 29% of the par value. 13.- Provisions and contingencies Current and non-current provisions in 2017 and 2016 (in thousands of euros): Provisions Balance at 1/1/17 Charges Transfers Amounts used Surplus Balance at 31/12/17 Litigation and other provisions 27,443 2,156 - (351) (2,597) 26,651 Total 27,443 2,156 - (351) (2,597) 26,651 Provisions Balance at 1/1/16 Charges Transfers Amounts used Surplus Balance at 31/12/16 Litigation and other provisions 22,906 10,156 (468) (2,273) (2,878) 27,443 Total 22,906 10,156 (468) (2,273) (2,878) 27,443 The charge for the year is shown under "External services" and surplus provisions under "Surplus provisions” in the accompanying statement of profit or loss. At 31 December 2017 and 2016, certain civil, labour, criminal and administrative lawsuits had been filed against the Company which were taken into account in estimating potential contingent liabilities. Noteworthy, in view of their amount, were the lawsuits with certain collection societies. The directors of the Company and its legal advisers do not expect any material liabilities in addition to those already recognised to arise from the outcome of the ongoing lawsuits.