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 55 d) Other operating expenses Breakdown of other operating expenses in the consolidated statement of profit or loss: Thousands of euros 2017 2016 Operating leases and royalties 34,855 34,324 Subcontracted work 47,438 45,477 Copyrights 57,529 56,426 Communications 44,564 43,132 Advertising and publicity 6,826 7,416 Other overheads 49,823 38,254 Total 241,035 225,029 The most significant item under “Operating leases and royalties” in the accompanying consolidated statement of profit or loss is the television operators’ contribution to the financing of Corporación RTVE. e) Other disclosures Fees for financial audit and other professional services provided by the statutory auditor of the Parent and its subsidiaries, or by a firm in the same group or related to the auditor (in thousands of euros): Audit of financial statements Audit-related services Tax advisory services Other services 2017 200 34 - - 2016 141 46 - - “Audit-related services” includes mainly the limited review of the condensed interim consolidated financial statements for the six months ended 30 June 2017 and the agreed-up procedures report on compliance with covenants in financing transactions. Other KPMG International affiliates invoiced the Group for fees and professional audit service expenses in the year ended 31 December 2017 amounting to EUR 25 thousand (2016: no services provided). The Annual Corporate Governance Report includes a description of the work of the Audit Committee and an explanation of how the auditor's objectivity and independence is guaranteed when providing non-audit services. 20. Other gains/(losses) a) Net gain/(loss) on changes in value of financial instruments at fair value This item in the consolidated statement of profit or loss includes mainly the net gain or loss arising from changes in the fair value of the currency hedges and IRSs disclosed in Note 14.