SAINT_GOBAIN_REGISTRATION_DOCUMENT_2017
9
Financial and accounting information Compagnie de Saint-Gobain 2017 annual financial statements (parent company)
Changes in treasury shares classified as financial investments
(in EUR thousand)
No. of shares held
Gross value 21,853 400,490 (422,343)
Net value 21,853 400,490 (422,343)
AT DECEMBER 31, 2015 Shares purchased in 2016 Shares cancelled in 2016 AT DECEMBER 31, 2016 Shares purchased in 2017
563,858
10,420,230 (10,984,088)
0
0
0
7,293,489
353,977
352,613
Shares sold in 2017
(7,071)
(344)
(275)
Shares cancelled in 2017 AT DECEMBER 31, 2017
(7,000,000)
(339,738)
(339,738)
286,418
13,895
12,600
During 2017, Compagnie de Saint-Gobain bought back, excluding the liquidity agreement, 8,301,783 treasury shares with a par value of €4 each, for a total amount of €403.3 million (€33.2 million aggregate par value) of which 1 million shares were bought back on June 2 nd 2017 as part of an accelerated book building process completed by Wendel. Of these 8,301,783 treasury shares, 7,154,286 shares bought for cancellation and 139,203 shares bought for stock option plans have been recorded under “Financial investments” for an amount of €354 million, of which €29.2 million par value The balance of 1,147,497 shares, bought for the coverage of performance share plans and other allocation to employees has been recorded under “Marketable securities” for an amount of €49.4 million, of which €4.6 million par value. 5,000,000 shares were cancelled on September 29, 2017 and 2,000,000 share were cancelled on November 30, 2017
In 2017, 458,795 treasury shares were remitted as part of existing performance share plans and 7,071 treasury shares were remitted as part of stock option plans for existing shares (respectively 366,105 and 0 shares in 2016). At December 31, 2017, Compagnie de Saint-Gobain held 2,110,133 treasury shares, of which: 43,500 treasury shares held in connection with a liquidity agreement (see Note 9 “Marketable securities”); 154,286 treasury shares held for cancellation (see above); 132,132 treasury shares held for coverage of stock option plans (see above); 1,780,215 treasury shares held for coverage of performance share plans and other allocation to employees (see Note 9 “Marketable securities”).
NOTE 9
CURRENT ASSETS
Maturities of receivables reported under “Current assets”
Due
Gross
Within 1 year
Beyond 1 year
(in EUR thousand) Other receivables
1,236,609
1,236,364
245 102 347
Prepayments
1,707
1,605
TOTAL
1,238,316
1,237,969
Provision for doubtful receivables
-
-
-
286 SAINT-GOBAIN - REGISTRATION DOCUMENT 2017
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