Altamir - Registration Document 2016

FINANCIAL STATEMENTS

Consolidated financial statements

NOTE 25 Earnings per share

The weighted average number of shares outstanding reflects the exclusion of treasury shares.

Basic earnings per share

31/12/2016

31/12/2015

Numerator (in euros) INCOME FOR THE YEAR ATTRIBUTABLE TO ORDINARY SHAREHOLDERS

129,019,766

111,772,650

Denominator Number of shares outstanding at start of year

36,512,301

36,512,301

Effect of treasury shares Effect of capital increase

-28,020

-33,587

-

-

WEIGHTED AVERAGE NUMBER OF SHARES DURING THE YEAR (BASIC)

36,484,281

36,478,714

Earnings per share (basic) Earnings per share (diluted)

3.54 3.54

3.06 3.06

NOTE 26 Related parties

3

26.2 ASSOCIATED ENTERPRISES

In accordance with IAS 24, related parties are as follows:

A significant influence is presumed when the equity interest of the Company exceeds 20%. Investments subject to significant influence are not accounted for by the equitymethod, as allowedunder IAS28, but they constitute relatedparties. The closingbalances and transactions for the year with these companies are presented below:

26.1 SHAREHOLDERS

Apax Partners SA, as the investment advisor, andAltamir Gérance as the Management Company invoiced the Company for total fees of €6,949,859 including tax in 2016 (€8,419,441 including tax in 2015). The amount remaining payable as of 31 December 2016 was €93,742 (€20,280 as of 31 December 2015). No amount remained receivable as of 31 December 2016 (€97,114 as of 31 December 2015).

31/12/2016

31/12/2015

(in euros)

Income statement Valuation differences on divestments during the year

-4,726,025 112,445,489

-

Changes in fair value Other portfolio income

37,252,893

-

-

Balance sheet

31/12/2016 468,573,503

31/12/2015 295,305,987

Investment portfolio Sundry receivables

2,394,636

2,394,636

26.3 SENIOR MANAGEMENT

Attendance fees paid in 2016 to members of the Supervisory Board with respect to 2015 totalled €260,000.

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REGISTRATION DOCUMENT 1 ALTAMIR 2016