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Translation of a report originally issued in Spanish. In the event of a discrepancy, the Spanish-language version prevails.
INDEPENDENT AUDITOR'S REPORT ON CONSOLIDATED FINANCIAL
STATEMENTS
To the Shareholders of Atresmedia Corporación de Medios de Comunicación, S.A.,
Report on the Consolidated Financial Statements
We have audited the accompanying consolidated financial statements of Atresmedia
Corporación de Medios de Comunicación, S.A. ("the Parent") and Subsidiaries ("the Group"),
which comprise the consolidated balance sheet as at 31 December 2015, and the consolidated
statement of profit or loss, consolidated statement of comprehensive income, consolidated
statement of changes in equity, consolidated statement of cash flows and notes to the
consolidated financial statements for the year then ended.
Directors’ Responsibility for the Consolidated Financial Statements
The Parent’s directors are responsible for preparing the accompanying consolidated financial
statements so that they present fairly the consolidated equity, consolidated financial position
and consolidated results of Atresmedia Corporación de Medios de Comunicación, S.A. and
Subsidiaries in accordance with International Financial Reporting Standards as adopted by
the European Union and the other provisions of the regulatory financial reporting framework
applicable to the Group in Spain and for such internal control as the directors determine is
necessary to enable the preparation of consolidated financial statements that are free from
material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based
on our audit. We conducted our audit in accordance with the audit regulations in force in
Spain. Those regulations require that we comply with ethical requirements and plan and
perform the audit to obtain reasonable assurance about whether the consolidated financial
statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and
disclosures in the consolidated financial statements. The procedures selected depend on the
auditor’s judgement, including the assessment of the risks of material misstatement of the
consolidated financial statements, whether due to fraud or error. In making those risk
assessments, the auditor considers internal control relevant to the preparation by the Parent’s
directors of the consolidated financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entity’s internal control. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of accounting estimates
made by management, as well as evaluating the overall presentation of the consolidated
financial statements.