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FINANCIAL STATEMENTS
6
PARENT COMPANY FINANCIAL STATEMENTS
NOTE 9
PREPAID EXPENSES AND DEFERRED INCOME
Prepaid expenses and deferred income only relate to operating activities.
NOTE 10
SHARE CAPITAL
The Company’s share capital totalled €22,218,216 at 31 December 2015 made up of shares with a par value of €1 each.
Composition of share capital
Number of shares
1 – Shares outstanding at beginning of year
22,154,831
2 – New shares issued during the year
63,385
3 – Shares cancelled during the year
–
4 – Shares outstanding at year-end
22,218,216
Statement of changes in equity
In thousands of euros
2015
2014
Amount at beginning of year
260,144
224,616
Profit for the period
93,213
14,034
Dividend payouts/contribution premium repayments
(16,226)
(9,912)
Changes in capital
•
increase
63
2,829
•
decrease
–
–
Changes in share premium account, reserves, retained earnings and untaxed provisions
•
increase
14,675
54,169
•
decrease
(14,034)
(25,590)
Amount at year-end *
337,835
260,144
* Including €84,422 thousand in premiums and reserves other than the legal reserve, representing an amount 7 times higher than the purchase cost of the treasury shares owned.
NOTE 11
OTHER DISCLOSURES
At 31 December 2015, the Company had three categories of dilutive
instruments:
●
free shares. The dilutive impact of these instruments corresponded to
39,150 shares at the year-end;
●
shares in settlement of the Ornane bonds, representing 1,259,555
(conversion ratio of 1.02 shares for one bond);
●
shares in settlement of the Odirnane bonds, representing 5,602,240.
The conversion rules applicable to the Ornane and Odirnane bonds
are described in Note 12.
ASSYSTEM
FINANCIAL REPORT
2015
140