Consolidated Annual Accounts 2017
Atresmedia Corporación de Medios de Comunicación, S.A. and Subsidiaries Translation of consolidated financial statements originally issued in Spanish and prepared in accordance with the regulatory financial reporting framework applicable to the Group in Spain (see Notes 2 and 29). In the event of discrepancy, the Spanish-language version prevails. 2017 CONSOLIDATED FINANCIAL STATEMENTS 38 2017 Thousands of euros Assets Equity Liabilities Finance Profit/(loss) I3 Televisión, S.L. 1,553 390 1,163 5,962 147 Atres Hub Factory, S.L. 553 240 313 195 (22) Aunia Publicidad Interactiva, S.L. 1,056 34 1,022 110 20 Hola TV América Group 7,776 (11,497) 19,273 3,640 (2,475) 2016 Thousands of euros Assets Equity Liabilities Finance Profit/(loss) I3 Televisión, S.L. 1,693 243 1,450 5,847 (8) Atres Hub Factory, S.L. 528 207 320 117 (214) Aunia Publicidad Interactiva, S.L. 652 15 636 118 7 Hola TV América Group 2,095 (6,271) 8,366 2,772 (3,260) 9. Financial assets and other non-current assets Breakdown of financial assets and other non-current assets in the consolidated balance sheets at 31 December 2017 and 2016: Non-current financial instruments Thousands of euros Equity instruments Loans, derivatives and other Total 2017 2016 2017 2016 2017 2016 Loans and receivables - - 458 450 458 450 Available-for-sale financial assets 19,845 13,986 - - 19,845 13,986 Non-current financial assets 19,845 13,986 458 450 20,303 14,436 Hedging derivatives (Note 15) - - - 3,149 - 3,149 Derivative financial instruments - - - 3,149 - 3,149 “Non-current financial assets - Available-for-sale financial assets” includes non-current investments in the equity instruments of companies over which the Group does not exercise significant influence either because its ownership interest is below 20% or because it does not participate in the setting of financial or commercial policies. The net increase in this item relates to the Company's strategy of diversifying the sources of growth other than advertising revenues through investments using the model of broadcasting advertising in exchange for an ownership interest in a company. Key investments include Fintonic Servicios Financieros, S.L., JobToday, S.A., Kzemos Technologies, S.L. and Promofarma Ecom, S.L., which represent a combined 54% of total investment.
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