Page 347 - 2012 Annual Report

347
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
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IV - VIVENDI SA 2012 STATUTORY FINANCIAL STATEMENTS
3. NOTES TO THE 2012 STATUTORY FINANCIAL STATEMENTS
Note 19 Financial Income and Expenses in Relation to Related Parties
Note 19. Financial Income and Expenses in Relation to Related Parties
Note 20. Compensation of Directors and Officers
Note 21. Management Share Ownership
Note 22. Number of Employees
In 2012, financial expenses and income in relation to related parties
amounted respectively to €15.2 million (of which €10.8 million in interest
expense related to the current account with UMG) and €1,318.2 million
(including dividends of €968.4 million received from SFR and €169.7 million
in interest income related to current accounts and credit facilities made
available by Vivendi to SFR).
In 2012, gross compensation (including benefits in kind and severance)
paid by Vivendi SA to members of the Management Board totaled
€14.0 million (compared to €8.2 million in 2011), of which €5.2 million
was re-invoiced to subsidiaries (compared to €3.5 million in 2011).
Members of the Management Board who are paid by Vivendi SA also
benefit from a supplemental pension plan, which generated an expense
of €1.6 million in 2012 (service costs are calculated in proportion to their
length of service in 2012 as members of the Management Board, excluding
members who were no longer employed by Vivendi as of December 31,
2012) compared to €3.5 million in 2011.
In 2012, cumulative gross directors’ fees paid to members of the
Supervisory Board and compensation paid to the Chairman of the
Supervisory Board totaled €1.3 million and €0.7 million, respectively.
As of December 31, 2012, members of the Management Board, the
Supervisory Board and executive management held directly an aggregate
of 0.19% of the share capital of the Company.
In 2012, the annual average number of employees, weighted by effective
presence, including temporary workers and employees under fixed-term
contracts, was 222, compared to 219 in 2011.
The breakdown of employees by category, i.e., 225 employees as of
December 31, 2012, compared to 221 employees as of December 31, 2011,
is as follows:
December 31, 2012 December 31, 2011
Engineers and executives 170 171
Supervisors 24 24
Other employees 31 26
TOTAL 225 221