124 Appendix cial indicators in a way that is sufficiently accurate and detailed so that stakeholders may assess organizational performance. Timeliness This report provides continuity to those presented in previous years. Clarity The report should present information in a way that is sufficiently understandable by the organization’s range of stakeholders so that these may access information and comprehend it. Reliability For this Sustainability Report 2015, the organization has gathered, analysed and disclosed information and processes used in the preparation of the report in a way that they can be subject to examination and that establishes the quality and materiality of the information. Significant changes during the period covered by this Sustainability Report in the size, structure and ownership of the organization • PRISA returns to profitability with a net profit of more than 5 million euros, and cancels debt worth 922 million euros in 2015, fulfilling its financial commitments a year in advance. • Fernando Martínez Albacete is appointed new Chief Financial Officer (CFO) of PRISA. • PRISA intensifies the transformation of its operations and of its business model with the appointment of Noelia Fernández as Managing Director of Business Development and Digital Transformation of PRISA, and Antonio Alonso as Chief Revenue Officer. • The Ecumenical and Social Forum honors PRISA with the Latin American Award for Corporate Responsibility both for its commitment to CSR and for reporting in accordance with GRI-G4 criteria one year before the standard becomes mandatory. • UNESCO and PRISA sign a framework cooperation agreement to promote freedom of expression, press freedom, the safety and security of journalists and the improvement of education in Latin America. • Capital increase of 64 million euros subscribed by International Media Group in exchange for 8.2% of the capital of PRISA. • Changes to the Board of Directors of PRISA, with the incorporation of two new directors, representing significant shareholders: Khalid bin Thani bin Abdullah Al Thani, chairman of International Media Group, and Joseph Oughourlian, CEO of Amber Capital. • PRISA finalizes the sale of Canal + (DTS) in April 2015 for a final price of 724 million euros.
Memoria 2016 EN_PRISA_20160315_V4 baja
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