BIC_REGISTRATION_DOCUMENT_2017
FINANCIAL STATEMENTS Parent company financial statements of SOCIÉTÉ BIC (French GAAP)
NOTE 7
SHORT-TERM FINANCIAL INVESTMENTS
Gross value (in thousand euros)
Dec.31, 2017
Marketable securities (a)
4,409 4,409
TOTAL
These are money market UCITS or short-term deposit certificates. (a)
NOTE 8
UNREALIZED FOREIGN EXCHANGE LOSSES
Unrealized losses related to receivables and payables were recorded in unrealized exchange foreign losses in the amount of 530 thousand euros.
NOTE 9
SHAREHOLDERS’ EQUITY
Share capital 9.1 As of December 31, 2017, the share capital of SOCIÉTÉ BIC amounted to 178,126,244.74 euros divided into 46,629,907 shares with a par value of 3.82 euros each. Registered shares held for more than two years carry double voting rights.
To the best of the Company’s knowledge, as of December 31, 2017, Shareholders known to hold more than 5%, 10%, 15%, 20%, 25%, 33.33%, 50%, 66.66%, 90% or 95% of the share capital and/or of the voting rights of the Company were as follows:
% of shares (approx.)
% of voting rights (approx.)
SOCIÉTÉ M.B.D.
27.25% 16.86%
37.23% 22.91%
Bich family
As of December 31, 2017, SOCIÉTÉ BIC held 781,495 BIC shares classified as long-term investments (770,207 shares for the free share plans and 11,288 shares in relation to the liquidity contract).
9.2
Changes in Shareholders’ equity
(in thousand euros) Shareholders’ equity as of December 31, 2016 (before distribution)
890,101 161,045 729,056
Dividend distribution with respect to fiscal year 2016
Shareholders’ equity as of December 31, 2016 (after distribution)
Increase in share capital (a) Decrease in share capital (b)
281
(3,804)
Share issue premium (a)
3,634
Retained earnings (b)
(93,334) 748,125
Net income for the year
Shareholders’ equity as of December 31, 2017 (before distribution) The increase in share capital relates to 73,559 subscription options exercised during 2017. (a) During the fiscal year 2017, SOCIÉTÉ BIC cancelled 995,854 shares. (b)
1,383,958
238
BIC GROUP - 2017 REGISTRATION DOCUMENT
Made with FlippingBook - professional solution for displaying marketing and sales documents online