Page 318 - 2012 Annual Report

318 VIVENDI l 2012 l Annual Report
FINANCIAL REPORT – CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE
CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS –
STATUTORY FINANCIAL STATEMENTS 4
4
III - CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2012
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 29 Statutory auditors fees
Note 29. Statutory auditors fees
Note 30. Subsequent events
The main events that occurred between December 31, 2012 and
February 18, 2013, the date of the Management Board meeting that
approved the financial statements for the fiscal year 2012 are as follows:
✱ January 9, 2013: U.S. court ruling in the lawsuit between Vivendi and
Liberty Media Corporation (please refer to Note 27);
✱ January 16, 2013: Maroc Telecom and the Moroccan State entered
into a fourth capital expenditure agreement (please refer to Note 26);
✱ February 7, 2013: Vivendi and Universal Music Group entered into
a definitive agreement to sell Parlophone Label Group, a unit of
EMI Recorded Music, to Warner Music Group for £487 million
(approximately €600 million) to be paid in cash;
✱ February 12, 2013: Lagardère Holding TV, a 20% shareholder of Canal+
France, filed a complaint against Vivendi, Canal+ Group and Canal+
France with the Paris Commercial Court. Lagardère Group is seeking
restitution, under penalty, from Canal+ Group, of the entire cash
surplus given over by Canal+ France (please refer to Note 27); and
✱ February 15, 2013: Vivendi and Universal Music Group signed a
definitive agreement for the sale of Sanctuary Records to BMG for
£40 million to be paid in cash.
Fees paid by Vivendi SA to its statutory auditors and members of their firms in 2012 and 2011 were as follows:
(in millions of euros)
KPMG S.A. Ernst & Young et Autres
Total Amount Percentage Amount Percentage
2012 2011 2012 2011 2012 2011 2012 2011 2012 2011
Statutory audit, certification, consolidated and individual
financial statements audit
Issuer 0.7 0.7 7% 14% 0.9 0.9 12% 11% 1.6 1.6
Fully consolidated subsidiaries 4.1 3.5 42% 68% 5.1 5.0 69% 64% 9.2 8.5
Other work and services directly related to the statutory
audit
Issuer 0.6 0.1 6% 2% 0.1 0.6 1% 8% 0.7 0.7
Fully consolidated subsidiaries 2.7 0.6 28% 12% 0.4 1.0 5% 13% 3.1 1.6
Subtotal 8.1 4.9 83% 96% 6.5 7.5 87% 96% 14.6 12.4
Other services provided by the network to fully
consolidated subsidiaries
Legal, tax and social matters 1.2 0.1 12% 2% 0.9 0.1 12% 1% 2.1 0.2
Other 0.4 0.1 5% 2% 0.1 0.2 1% 3% 0.5 0.3
Subtotal 1.6 0.2 17% 4% 1.0 0.3 13% 4% 2.6 0.5
Total 9.7 5.1 100% 100% 7.5 7.8 100% 100% 17.2 12.9
The 2012 fees included the non-recurring assignments undertaken by statutory auditors in relation with the transactions underway.