BIC - 2019 Universal Registration Document

FINANCIAL STATEMENTS

Parent company financial statements of SOCIÉTÉ BIC (French GAAP)

NOTE 6

INFORMATIONON RELATED PARTIES

Gross Value (in thousand euros)

Dec. 31, 2019

Assets Equity investments

1,317,390

Trade receivables and related accounts

103,856

Other receivables

207,909

Liabilities Other long-term loans and investments

221,546

Trade payables and related accounts

60,477

Other debts

637

Deferred income

- 

NOTE 7

SHORT-TERM FINANCIAL INVESTMENTS

Gross value (in thousand euros)

Dec. 31, 2019

Marketable securities (a)

3,409

TOTAL

3,409

These are money market UCITS or short-term deposit certificates. (a) 

NOTE 8

TRANSLATION ADJUSTMENTS

Unrealized losses related to receivables and payables were recorded in unrealized losses from exchange foreign in the amount of 837 thousand euros.

NOTE 9

SHAREHOLDERS’ EQUITY

Share capital 9-1 As of December 31, 2019, the share capital of SOCIÉTÉ BIC amounted to 173,933,156.80 euros divided into 45,532,240 shares with a par value of 3.82 euros each. Registered shares held for more than two years carry double voting rights.

To the best of the Company’s knowledge, as of December 31, 2019, Shareholders known to hold more than 5%, 10%, 15%, 20%, 25%, 33.33%, 50%, 66.66%, 90% or 95% of the share capital and/or of the voting rights of the Company were as follows:

% of shares (approx.)

% of voting rights (approx.)

SOCIÉTÉ M.B.D.

28.20%

38.11%

Bich family

17.20%

23.20%

As of December 31, 2019, SOCIÉTÉ BIC held 540,568 BIC shares classified as long-term investments (508,480 shares for the free share plans and 32,088 shares in relation to the liquidity contract).

255

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •