ALTAMIR_REGISTRATION_DOCUMENT_2017
FINANCIAL STATEMENTS Consolidated financial statements
NOTE 11 Shareholders’ equity
The number of shares outstanding for each of the categories is presented below:
31/12/2017
31/12/2016
Ordinary Shares 36,512,301 36,512,301
Class B shares 18,582 18,582
Ordinary Shares 36,512,301 36,512,301
Class B shares 18,582 18,582
(number of shares)
Shares outstanding at start of year Shares outstanding at end of year
Shares held in treasury
19,139
12,164 6,418
16,632
12,164 6,418
Shares outstanding at end of year
36,493,162
36,474,616
NAV PER OUTSTANDING SHARE (CONS. SHAREHOLDERS’ EQUITY/NUMBER OF ORDINARY SHARES)
3
21.56
21.65
31/12/2017
31/12/2016
Ordinary Shares
Class B shares
Ordinary Shares
Class B shares
Total
Total
(euros)
Par value at end of year
6.00
10.00
6.00
10.00
SHARE CAPITAL
219,073,806
185,820 219,259,626 219,073,806
185,820 219,259,626
The dividend paid to the limited shareholders in 2017 for the financial year 2016 was €0.65 per ordinary share outstanding (excluding treasury shares). The NAV per ordinary share (excluding treasury shares) was €21.56 at 31 December 2017 (€21.65 per share at 31 December 2016).
NOTE 12 Carried interest provision due to the general partner and Class B shareholders
This item broke down as follows:
31/12/2017 29,694,928
31/12/2016 44,010,653
(in euros)
Amount attributable to general partner and Class B shareholders
Class B warrants
-
-
TOTAL AMOUNT ATTRIBUTABLE TO GENERAL PARTNER AND CLASS B SHAREHOLDERS
29,694,928
44,010,653
The change in the amount attributable to the general partner and Class B shareholders during the year is detailed below:
2017
2016
(in euros)
At opening
44,010,653 -15,268,690
39,139,995 -5,801,751
Amount paid during the financial year
Amount attributable to general partner and Class B shareholders on earnings of the financial year AMOUNT ATTRIBUTABLE TO GENERAL PARTNER AND CLASS B SHAREHOLDERS
952,966
10,672,409
29,694,928
44,010,653
NOTE 13 Carried interest provision due to Apax France VIII-B, IX-B and Apax VIII LP
This provision of €38mrelates to unrealised capital gains owing toClass Cunitholders of Apax FranceVIII-B, Apax France IX-BandApax VIII LP of €28.1m, €4.2m and €5.7m, respectively, based on these funds’ performance. These liabilities are due in more than one year.
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• ALTAMIR 2017
REGISTRATION DOCUMENT
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