Eurazeo / 2019 Universal Registration Document
Financial Statements Consolidated Financial Statements for the year ended December 31, 2019
Financing ofthe employeebenefits obligation 5.2.3.
12/31/2019
12/31/2018
(In thousandsof euros)
Present valueof unfunded obligations
137,025 47,661 184,686
116,662 70,777 187,439 96,868 90,571
Present valueof fullyor partially fundedobligations Totalvalueof definedbenefitplanobligations(1)
Fair valueof plan assets(2)
69,187
Totalvalueof definedbenefitplanliability(1)- (2) Totalvalueof definedcontributionplan obligations TOTALVALUEOFEMPLOYEEBENEFITOBLIGATIONS
115,499
4,594
1,078
120,092
91,648
Plan assets breakdown asfollows:
12/31/2019
12/31/2018
(On average)
Shares Bonds
5%
8%
35% 60%
52% 40%
Other instruments
TOTAL
100%
100%
Management compensationand other transactionswith management(related parties) 5.3. Executive Boardmembers arethe key managers ofEurazeo as definedby IAS 24. In 2019, amountsrecognized inthe Income Statement and the Balance Sheet in respect of keymanagersare as follows:
Holding company
Income
Expense
Asset
Net liability
(In thousandsof euros) Keymanagers Short-term benefits (1)
Eurazeo Eurazeo Eurazeo
(5,438) (7,626) (2,623)
Post-employment benefits (2) Share-based payments
(19,100)
06
Short-termbenefitsof keymanagersconsistof salaries,includinga variableportionpaidduringtheyear. (1) Key managersareentitledto a “top-up”pension(knownin Franceas an “Article 39”pension)whichonlyvestsif thebeneficiaryis presentin theCompany (2) whenhe or sheretires,or in theeventof departureafter55 yearsold, if he or shedoesnottakeup salariedemployment.
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2019 UNIVERSAL REGISTRATION DOCUMENT
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