to download the 2012 registration document. - Groupe M6

2012 FINANCIAL REPORTthe reliability and optimising all technological resources implemented within the Group:oooSND was highly active in its market in 2010 and increased its level of investment inaudiovisual rights;Given the timeframe for collection and disbursement of players’ transfer fees, FC Girondinsde Bordeaux posted a net cash outflow from transfers of €10.4 million;SCI du 107 continued its programme to rebuild the property complex which it owns andinvested €13.7 million during the year.Overall, the Group’s commitments for the production of cinematographic and audiovisual workswere €155.1 million in 2010. In 2011, the Group made a number of acquisitions: in the field of Audiovisual Rights, the Groupacquired 100% of Les Films de la Suane and the 50% it did not previously own in TCM; bothcompanies own feature film catalogues. The Group also made a 34% equity investment inQuicksign, a technological platform devoted to financial services, and a 50% investment in itssubsidiary Panorabanque.Lastly, in respect of their contractual commitments and/or regulatory obligations, M6 and M6 Filmsdevoted a cumulative €109.4 million to the production of audiovisual and film works. In 2012, the Group sold its 9.1% equity investment in the US film production and distributioncompany Summit Entertainment, within the framework of the acquisition of the studio by Lions GateEntertainment.The Group also acquired the websites owned by Tom’s Games (jeuxvideoPC.com and jeuxvideoflash.com)and made an equity investment in Audience Square, an online advertising spacemarketplace.Lastly, as part of its contractual commitments and/or regulatory obligations, the Group invested acumulative €110.6 million in the production of audiovisual and film works.5.2.5. Contingent assets and liabilitiesA description, a summary table and an analysis of changes in contingent assets and liabilities areincluded in Note 29 to the consolidated financial statements set out in this document.5.3. Financial position of the parent company and agreementsbetween M6 and its subsidiaries5.3.1. Financial position of the parent companyAt 31 December 2012, Métropole Télévision (M6) had total assets of €1,285.2 million, a slight increase of€9.2 million (up 0.7%) compared to 31 December 2011.Non-current assets declined very slightly by €11.2 million to €236.1 million. This movement primarilyrelates to equity investments, down €9.9 million, due to the transfer to Diem 2 of equity securities held inSNC (Société Nouvelle de Cinématographie). These securities, which were valued at €12.9 million, hadbeen subject to a provision for writedown of €3.1 million (released on disposal).M6 GROUP - 2012 REGISTRATION DOCUMENT - 143