NATIXIS_SHARHOLDERS_MEETING_2018
MANAGEMENT REPORT AT DECEMBER 31, 2017
INFORMATION FROM ARTICLE L.225-37-5 OF THE FRENCH COMMERCIAL CODE Article L.225-37-5 of the French Commercial Code requires companies whose securities are admitted for trading on a regulated market to make available and explain certain information, where said information may have an impact in the event of a public offer. Natixis’ main shareholder BPCE held 70.99% of the share capital and 71.02% of the voting rights at December 31, 2017. Given its capital structure, Natixis believes that a hostile takeover bid would have very little chance of succeeding.
R COMPANY FINANCIAL PERFORMANCE OVER THE LAST FIVE YEARS
Category
2013
2014
2015
2016
2017
Financial position at year-end Share capital
4,960,472,304.00 4,986,412,193.60 5,005,004,424.00 5,019,319,328.00 5,019,776,380.80
REPORT
Number of shares issued
3,100,295,190
3,116,507,621
3,128,127,765
3,137,074,580
3,137,360,238
Number of bonds redeemable in shares
0
0
0
0
0
Number of bonds convertible into shares
0
0
0
0
0
Overall results of effective operations Revenues net of tax Income before tax, depreciation, amortization and provisions
16,577,825,962.70 16,744,446,983.44 19,286,206,333.81
20,911,153,316.23 24,812,396,935.44
2,259,385,434.57
738,855,652.86
872,230,135.57
1,061,747,058.72 1,058,912,618.73
Income taxes
(212,587,222.83)
153,268,232.67
139,005,181.75
364,623,914.40
255,217,927.59
Income after tax, depreciation, amortization and provisions
2,323,073,936.17 1,305,316,943.00 1,134,225,514.40 1,621,448,753.36 1,678,182,285.17
Dividends paid
496,047,230.40 1,059,612,591.14 1,094,844,717.75 1,097,976,103.00 1,160,823,288.06
Operational result per share Income after tax, but before depreciation, amortization and provisions Income after tax, depreciation, amortization and provisions
0.29
0.32
0.45
0.42
0.66
0.75
0.42
0.36
0.52
0.53
Dividend per share
0.16
0.34
0.35
0.35
0.37
Employees Number of employees
7,367
7,188
7,318
7,387
7,513
734,627,077.69 783,339,403.98 840,134,680.53
878,011,680.00
899,121,895.31
Total payroll costs
Social security and other employee benefits
365,395,752.03
389,150,406.91
349,581,989.26 388,380,689.14 503,004,737.45
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NATIXIS 2018 MEETING NOTICE
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