FFP_REGISTRATION_DOCUMENT_2017
FINANCIAL STATEMENTS
Consolidated financial statements
20.3 ANALYSIS OF THE CHANGE IN CASH AND CASH EQUIVALENTS
31/12/2017
31/12/2016
(in thousands euros)
Carrying amount at 1 January
6,374
16,320
Reversal of fair value measurement at 1 January
-
(1)
Cost price at 1 January Movements in cost price
6,374
16,319 (9,945)
11,040 17,414
Final cost price
6,374
Fair value measurement at 31 December CARRYING AMOUNT AT 31 DECEMBER
-
-
17,414
6,374
NOTE 21
EQUITY
21.1 EQUITY MANAGEMENT POLICY
Financière Guiraud (SAS), which holds the investment in SCA Château Guiraud. Equity attributable to equity holders of the parent comprises FFP’s share capital plus reserves and retained earnings resulting from the Group’s business activities. The distribution policy implemented by FFP has for many years, and as far as possible, aimed to ensure a consistent and rising dividend.
The equity management policy relates to equity as defined under IFRS. It is intended to secure the Group’s long-term capital resources, in order to foster its development and allow it to implement an appropriate distribution policy. Equity breaks down into portions attributable to non-controlling interests and to equity holders of the parent. The portion attributable to non-controlling interests consists of the portion attributable to non-group shareholders of
5 .1
21.2 COMPOSITION OF THE SHARE CAPITAL
FFP’s share capital consists of 25,072,589 shares with par value of €1 each. The shares are fully paid-up.
21.3 EQUITY
31/12/2017
31/12/2016
(in thousands euros)
FFP share capital FFP share premiums FFP statutory reserve
25,073 158,410
25,073 158,410
2,541
2,541
Treasury shares
(29,445) (11,878)
(49)
Exchange differences
1,725
Other reserves
3,142,399
2,732,566
Consolidated earnings
221,774
149,786
Minority interests
107
(903)
TOTAL
3,508,981
3,069,149
145
FFP
2017 REGISTRATION DOCUMENT
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