EURAZEO_REGISTRATION_DOCUMENT_2017
CONSOLIDATED FINANCIAL STATEMENTS Notes to the Consolidated Financial Statements
Non-controlling interests and Interests relating to 12.1.3 investments in investment funds Non-controlling interests mainly correspond to the syndication of Eurazeo’s investments in the context of the Eurazeo Partners and Eurazeo Capital II funds. Eurazeo’s percentage interest in the fund companies may be nil if the allocation of capital gains is not expected
to provide Eurazeo with any entitlement other than the repayment of its stake in the amount of its investment share via the fund (hurdle mechanism in favor of the limited partners). In addition, Eurazeo may occasionally perform investments in partnerships, such as Grape Hospitality, in which AccorHotels has a 29% minority shareholding.
Earnings per share 12.2
2017
2016
(In thousands of euros)
Net income attributable to owners of the Company Weighted average number of ordinary shares outstanding
440,609
519,747
68,069,772
67,993,206
Reported basic earnings per share
6.47
7.64 7.28
Basic earnings per share adjusted for bonus share grants * Weighted average number of potential ordinary shares
-
68,140,493
67,993,206
Reported diluted earnings per share
6.52
7.64 7.28
Basic earnings per share adjusted for bonus share grants
-
Adjusted for the decision of the Shareholders’ Meeting of May 12, 2016 (distribution of 3,485,204 bonus shares on May 19, 2017). *
BREAKDOWN OF CASH FLOWS NOTE 13
Cash assets 13.1 The cash flow statement analyzes changes in cash presented net of bank overdrafts and including restricted cash.
As of December 31, 2017, restricted cash consists of cash allocated to the Eurazeo liquidity contract and the restricted cash of the Eurazeo Capital and Eurazeo PME investments.
4
Note
12/31/2017
12/31/2016 1,087,500
(In thousands of euros)
Demand deposits
867,234
Term deposits and marketable securities Cash and cash equivalent assets
5,158
415,797
9.1 9.1
872,392 20,441 (10,360) (10,360) 882,473
1,503,297
Restricted cash Bank overdrafts
12,070 (5,161) (5,161)
Cash and cash equivalent liabilities NET CASH AND CASH EQUIVALENTS
1,510,205
Other short-term deposits
9.1
15,306
64,917
TOTAL GROSS CASH ASSETS
908,139
1,580,284
243
Eurazeo
2017 Registration document
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