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9
FINANCIAL AND ACCOUNTING INFORMATION
3. Compagnie de Saint-Gobain annual financial statements (parent company)
284
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
Financing-related off-balance sheet commitments
given and received
Date Counterparty
(in EUR thousand)
2016 amount
(in EUR thousand)
2015 amount
Interest-rate swaps Fixed-rate borrower/Fixed-rate lender
multiple multiple
291,995
340,623
Interest-rate swaps Variable-rate borrower/Fixed-rate lender
multiple multiple
95,000
95,000
Commodity swaps Fixed-price buyer/Variable-price seller
multiple multiple
1,065
8,662
Commodity swaps Variable-price buyer/Fixed-price seller
multiple multiple
1,065
8,662
Operations-related off-balance sheet
commitments: None.
balance sheet, the tax administration has been granted liens
As part of tax litigations which are duly provided for in the
these litigations, Compagnie de Saint-Gobain has obtained tax
contended. In exchange for a stay of payment for part of
delivered a notice confirming that these amounts were
on assets in its favor in the amount of €16,273 thousand, and
bonds from its banks in the amount of €10,466 thousand.
Given the favourable outcome of some of these litigations for
the Group, these amounts will be reduced during 2017
divested businesses. A provision is recognized whenever a
Companies may grant seller’s warranties to the buyers of
In some cases, Compagnie de Saint-Gobain, or other Group
risk is identified and the related cost can be estimated reliably
INFORMATION ON FEES PAID TO THE STATUTORY AUDITORS
NOTE 18
down as follows :
for 2016, as reflected in the income statement, may be broken
Total fees (excluding VAT) paid and payable to the auditors
statutory audit fees of €1.6 million;
fees for audit-related advice and services of €0.3 million.
INFORMATION ON EMPLOYEES
NOTE 19
Number of employees
Paris Head Office (Les Miroirs, La Défense)
2016
2015
Managers
159
164
Supervisors
36
37
Administrative staff
10
8
TOTAL
205
209
contracts
of which, employees under fixed-term
5
5
German branch (Aachen)
2016
2015
Managers
78
79
Supervisors
131
121
Administrative staff
1
1
TOTAL
210
201
contracts
of which, employees under fixed-term
11
7
Management compensation
Total compensation and benefits paid in 2016 to Saint-Gobain
€4.4 million in gross variable compensation (€4.5 million in
amounted to €13.3 million (€15.7 million in 2015), including
Group (excluding any long-term cash-settled compensation)
management by the French and foreign companies in the
2015) and nil in termination, retirement or other benefits
(€1.5 million in 2015).
Provisions for pensions and other post-employment benefits
(€55.8 million December 31, 2015).
management totaled €47.0 million at December 31, 2016
length-of-service awards and pensions) accruing to Group
(defined-benefit obligations (DBO) in respect of
for 2016 totaled €1.1 million, the same as in previous year.
Attendance fees paid to members of the Board of Directors