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48. Subsequent events
Polsat Media Biuro Reklamy Sp. z o.o. was established on 10 January 2013 and registered in the Court Registry on 14 February 2013. As at the date of approval of these consolidated financial statements Telewizja Polsat Sp. z o.o. held 100% shares in the share capital of Polsat Media Biuro Reklamy Sp. z o.o.
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