353
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. Financial Income and Expenses in relation to Related Parties
Note 19.
Financial Income and Expenses in relation to Related Parties
In 2013, financial expenses and income in relation to related parties
amounted to €10.5 million (of which €8.6 million in interest expense
related to the current account with UMG) and €3,894.4 million (including
dividends in assets of €2,562.5 million received from Vivendi Holding I,
dividends of €981.9 million from SFR and €215.1 million in interest
income related to current accounts and credit facilities made available
by Vivendi to SFR), respectively.
Note 20.
Compensation of Directors and Officers
In 2013, gross compensation (including benefits in kind and severance)
paid by Vivendi SA to members of the Management Board totaled
€2.3 million (compared to €14.0 million in 2012); there was no re-
invoicing to subsidiaries in 2013 (compared to €5.2 million in 2012).
Members of the Management Board who are paid by Vivendi SA also
benefit from a supplemental pension plan, which generated an expense
of €0.2 million in 2013 compared to €1.6 million in 2012.
In 2013, cumulative gross directors’ fees paid to members of the
Supervisory Board and compensation paid to the Chairman of the
Supervisory Board totaled €1.2 million and €0.7 million, respectively.
The fees paid to the non-voting directors amounted to €0.1 million.
Note 21.
Management Share Ownership
As of December 31, 2013, members of the Management Board,
the Supervisory Board and executive management held directly an
aggregate of 0.103% of the share capital of the Company.
Note 22.
Number of Employees
In 2013, the annual average number of employees, weighted by
effective presence, including temporary workers and employees under
fixed-term contracts, was 214, compared to 222 in 2012.
The breakdown of employees by category, i.e., 200 employees
as of December 31, 2013, compared to 225 employees as of
December 31, 2012, is as follows:
12/31/2013
12/31/2012
Engineers and executives
154
170
Supervisors
23
24
Other employees
23
31
Total
200
225
