Altamir - Registration Document 2016

3

FINANCIAL STATEMENTS Statutory financial statements

3.3.4 NOTES TO THE STATUTORY FINANCIAL STATEMENTS AS OF 31 DECEMBER 2016

CONTENTS

Activity and significant events in 2016

130

Notes relating to certain income statement items

NOTE 1

NOTE 3

138

Accounting rules and methods

133

NOTE 2

Other information

140

NOTE 4

NOTE 1 Activity and significant events in 2016

Altamir is a French partnership limited by shares ( société en commandite par actions ) governedbyArticles L. 226.1 to L.226.14 of the French Commercial Code. Its principal activity is the acquisition of equity interests in other companies. The Company opted to become a société de capital risque (special tax status for certain private equity and other investment companies) as of financial year 1996. Since 2011, Altamir has primarily invested through fundsmanaged by the management companies Apax Partners MidMarket and Apax Partners LLP. On certain occasions, it co-invests directly with these funds. The Company may also make direct follow-on investments in its historical portfolio.

€71.4m in the Apax France VIII-B fund; €9.9m in the Apax VIII LP fund; €4.1m in the Apax France IX-B fund; €1.6m co-investment in Snacks Développement;

€22.1m co-investment in Marlink through the Phénix fund; and €12.5mco-investment in InfoVista through theApia Vista fund. The volume of divestments and revenue amounted to €191.6m, and primarily included: €93.4m from the total sale of Infopro Digital; €31.3m from the partial sale of Gfi; €29.6m from the total sale of TEXA; €21.4m from the total sale of Capio; €8.5m from the receipt of the Maisons du Monde receivable;

1.1

ACTIVITY IN 2016

€2.6m from the partial sale of Garda; €1.9m from the total sale of Rhiag; €1.6m from the partial sale of Evry; €0.9m from the partial sale of Chola; and €0.1m of dividends received from Albioma.

1.1.1 Investments and divestments: The Company invested €128.9m during the year. This amount comprised: €6.9m direct investment in THOM Europe; €0.4m direct investment in Altran;

130 REGISTRATION DOCUMENT 1 ALTAMIR 2016

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