LISI 2012 FINANCIAL REPORT
62
3
Consolidated financial statements
2.6.8.2 PROOF OF TAX
(in €'000)
Theoretic rate (on the basis of the French rate)
36.10%
Theoretic tax (on the basis of the French rate)
29,350
Total theoretic tax
29,350
Tax exemption of foreign companies
(389)
DTA not activated
(1,947)
Tax credit
(139)
Tax rate differentials on overseas subsidiaries
(3,109)
Deductible US taxes
(1,160)
Non deductible provisions
1,877
Non deductible dividends
434
Impairment of goodwill
1,264
Other
(66)
Recognized taxation
26,114
Apparent rate
30.19%
2.6.8.3 TAX RATES APPLIED BY LISI GROUP COMPANIES
(in €'000)
12/31/2012
12/31/2011
Germany
30.00% 30.00%
UK
23.00% 28.00%
Canada
34.12% 34.12%
Spain
30.00% 30.00%
USA
40.00% 40.00%
France
36.10% 36.10%
Czech Republic
19.00% 19.00%
China
25.00% 25.00%
2.6.9 Earnings per share
Earnings per share calculations are shown in paragraph 2.2.19.6.
The tables below indicate the reconciliation between the non
diluted and the diluted earnings per share.
2012
(in €'000)
Profit (loss)
for the
period
Number of
shares
Net
earnings
per shares
in €
Total stocks
10,786,494
Treasury shares
(314,980)
Basic earnings per share
57,288 10,471,514 5.47
Diluted earnings per share 57,288 10,471,514 5.47
2011
(in €'000)
Profit (loss)
for the
period*
Number of
shares
Net
earnings
per shares
in €*
Total stocks
10,786,494
Treasury shares
(399,840)
Basic earnings per share
59,177 10,386,654 5.70
Diluted earnings per share 59,177 10,386,654 5.70
* The Group has opted for early application as of January 1, 2012 of the revised
IAS 19; therefore, the financial statements for fiscal 2011 have been restated
in accordance with the new rules for comparison purposes.
2.7 ADDITIONAL INFORMATION
2.7.1 Segment information
The Group’s business is broken down between three markets
that include the following 3 operational sectors (divisions):
• The LISI AEROSPACE Division, which brings together all
activities in the aerospace market,
• The LISI AUTOMOTIVE Division, which brings together all
activities in the automotive market,
• The LISI MEDICAL Division, which brings together all activities
in the medical market.
The “others” heading mainly consists of the holding company
LISI S.A. and disposals.
