272
Annual Report -
2013
-
Vivendi
4
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements |
Consolidated
Financial Statements
| Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
Note 19. Equity
Note 19.
Equity
Share capital of Vivendi SA
(in thousands)
December 31, 2013
December 31, 2012
Common shares outstanding (nominal value: €5.5 per share)
1,339,610
1,323,962
Treasury shares
(51)
(1,461)
Voting rights
1,339,559
1,322,501
As of December 31, 2013, Vivendi held 51 thousand treasury shares,
representing a non significant part of its share capital. These shares are
backed to the hedging of performance share plans. The market value of
the portfolio amounted to less than €1 million as of December 31, 2013.
In addition, as of December 31, 2013, approximately 52.8 million stock
options were outstanding, representing a maximum nominal share
capital increase of €291 million (i.e., 3.94%).
Non-controlling interests
(in millions of euros)
December 31, 2013
December 31, 2012
Canal+ Group
(a)
368
692
Activision Blizzard
(b)
-
1,183
Maroc Telecom Group
(c)
1,176
1,067
Other
29
24
Total
1,573
2,966
(a)
As of December 31, 2012, included Lagardère Group’s 20% interest in Canal+ France for €308 million. Vivendi acquired this ownership interest on
November 5, 2013 for €1,020 million, in cash (please refer to Note 2).
(b)
On October 11, 2013, Vivendi deconsolidated Activision Blizzard pursuant to the sale of 88% of its interest. As of December 31, 2013, Vivendi’s
remaining 83 million Activision Blizzard shares were recorded as “Assets available for sale” (please refer to Note 7).
(c)
On November 4, 2013, Vivendi and Etisalat entered into a definitive agreement for the sale of Vivendi’s 53% interest in Maroc Telecom Group
(please refer to Note 7).
Distributions to shareowners of Vivendi SA
Dividend paid by Vivendi SA with respect to fiscal year 2012
At the Annual General Shareholders’ Meeting of April 30, 2013,
Vivendi’s shareholders approved the distribution of a dividend of €1 per
share, representing a total distribution of €1,325 million, paid in cash
on May 17, 2013 by withdrawal from reserves, following the coupon
detachment on May 14, 2013. The additional contribution of 3% on
dividends was recorded as a tax charge (€40 million) in the consolidated
earnings at the time of the payment of the dividend by Vivendi on
May 17, 2013.
Bonus shares granted to Vivendi SA shareowners
At its meeting held on February 29, 2012, following the Supervisory
Board’s recommendation, Vivendi’s Management Board decided to grant
to its shareowners one bonus share per 30 shares held. This transaction
resulted in the issuance on May 9, 2012, by a €229 million withdrawal
from additional paid-in capital, of 41.6 million new shares with a
nominal value of €5.5 each and entitlement as from January 1, 2012.
