Altamir - 2018 Registration document
Financial statements
Consolidated financial statements
NOTE 23 Earnings per share
The weighted average number of shares outstanding reflects the exclusion of treasury shares.
Basic earnings per share
31 December 2018
31 December 2017
Numerator (in euros) INCOME FOR THE YEAR ATTRIBUTABLE TO ORDINARY SHAREHOLDERS
30,306,225
20,888,547
Denominator Number of shares outstanding at start of year
36,512,301
36,512,301
Effect of treasury shares
-28,542
-18,572
3
Effect of capital increase WEIGHTED AVERAGE NUMBER OF SHARES DURING THE YEAR (BASIC)
36,483,759
36,493,729
Earnings per share (basic) Earnings per share (diluted)
0.83 0.83
0.57 0.57
NOTE 24 Related parties
In accordance with IAS 24, related parties are as follows:
SHAREHOLDERS
24.2 ASSOCIATED ENTERPRISES
24.1
Amboise Partners SA, as the investment advisor, and Altamir Gérance, as the Management Company, invoiced the Company for total fees of €7,345,015 including tax in 2018 (€7,597,789 including tax in 2017). The amount remaining payable as of 31 December 2018 was €1,489,781 (€104,808 as of 31 December 2017). The amount remaining receivable as of 31 December 2018 was €218,769 (€238,884 as of 31 December 2017).
A significant influence is presumed when the equity interest of the Company exceeds 20%. They constitute related parties. The closing balances and transactions for the year with these companies are presented below:
31 December 2018
31 December 2017
(in euros)
Income statement Valuation differences on divestments during the year
-17,146,481 42,508,985
-4,205,167 22,852,148
Changes in fair value Other portfolio income
-
-
Balance sheet
31/12/2018
31/12/2017
Investment portfolio Sundry receivables
408,615,831
394,829,400
-510
-
24.3 SENIOR MANAGEMENT
Attendance fees paid in 2018 to members of the Supervisory Board with respect to 2017 totalled €288,000.
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ALTAMIR 2018
Registration document
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