Altamir - Registration Document 2016

3

FINANCIAL STATEMENTS Statutory financial statements

1.1.2 Other events Altamir has available short-term credit lines of €39m. No credit lines had been drawn as of the balance sheet date. It should be noted that, as an SCR, Altamir’s debt may not exceed 10% of its net asset value, i.e. €57m as of 31 December 2016. During 2016, Altamir committed to invest the following amounts over the next three to four years: €138m through the Apax IX LP fund; between €220m and €300m through the Apax France IX-B fund.

A portion of the proceeds from the sale of Mobsat group holding (Vizada) had been placed in escrow by Chrysaor and the managers’ holding companies. Altamir’s share of the escrow balance was €9,666,771 as of 31 December 2011, based on a €/$ exchange rate of 1.2939. Altamir recognised €2,394,636 of this escrowbalance as a receivable fromChrysaor. The first instalment, of one-thirdof the escrowbalance, was releasedafter 6months, in June 2012. The second instalment was released inDecember 2014 and paid in January 2015. The last instalment of €4,936,127 was released in December 2016 and paid in January 2017. The Apax VIII LP fund announced two divestments at the beginning of the year, Chola andGlobalLogic (partial sale), which are expected to represent around €5m for Altamir.

1.2

KEY EVENTS SINCE 31 DECEMBER 2016

1.3

DISTRIBUTION OF DIVIDENDS

Altamir sold its direct stake in Unilabs in early February 2017, receiving €41m from the transaction. Apax Partners LLP announced its purchase of Unilabs through its Apax IXLP fund inearlyFebruary2017. This transaction represents an investment of around €9m for Altamir.

The dividend paid to the limited shareholders in 2016 for the financial year 2015 was €0.56 per ordinary share outstanding (excluding treasury shares), for a total of €20,446,888.56. In addition, dividends stipulated in the Articles of Association of €580,175 and €5,221,576 were paid to the general partner and to the holders of Class B shares respectively, for the financial year 2015. The total sumdistributed in 2016 for the financial year 2015 therefore amounted to €26,248,639.56.

1.4

CHANGES IN SHAREHOLDERS’ EQUITY

Share premiums

Retained earnings

Net income for the year

Share capital

Reserves 151,420

Total

(in thousands of euros)

SHAREHOLDERS’ EQUITY AS OF 31/12/15

219,260 107,761

47

38,186 516,674

2016 net income/loss

79,331 -38,186

79,331

Allocation of 2015 net income/loss Allocation of 2015 net income/loss – treasury shares

11,938

-26,248

15

15

SHAREHOLDERS’ EQUITY AS OF 31/12/16

219,260 107,761

163,358

62

79,331

569,772

31/12/2014 36,512,301

31/12/2015 36,512,301

31/12/2016 36,512,301 (1)

Number of ordinary shares Par value of ordinary shares

6

6

6

AMOUNT IN EUROS

219,073,806 219,073,806 219,073,806

Number of Class B preferred shares Par value of Class B preferred shares

18,582

18,582

18,582 (2)

10

10

10

AMOUNT IN EUROS

185,820

185,820

185,820

TOTAL

219,259,626 219,259,626 219,259,626

(1) Including 16,632 held in treasury by Altamir. (2) Including 12,164 held in treasury by Altamir.

132 REGISTRATION DOCUMENT 1 ALTAMIR 2016

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