LISI FINANCIALREPORT2013 I
107
INFORMATIONREGARDINGTHECOMPANYANDCORPORATEGOVERNANCE
7
Significant intra-group items include:
n
Ontheassetsside:
–Receivables relating to equity interests: LISI S.A. advanced, as amid-
term loan,€2mto itssubsidiaryLISIAUTOMOTIVE
•a loan of €10millionmaturing April 1, 2016, allowed it to partially
financetheacquisition in July2005oftheGermangroupKNIPPING
•a loanof €10millionmaturingDecember 31, 2014was takenout to
meet itsgrowingneed forworkingcapital.
ThecapitaloutstandingatDecember31,2013being€6.5million.
–cash advances to group subsidiaries as part of the Group's cash
agreement,
–the current accounts for the fiscal integrationof tax receivablesof the
companiesconsolidatedwithinthegroup.
n
Onthe liabilitiesside:
–cashgrantedtogroupsubsidiarieswithinthegroupcashmanagement
agreement,
–the current accounts for the fiscal integrationof tax receivablesof the
companies integratedwithinthegroup.
n
Onthe incomestatement:
– invoices for servicesandmanagement fees fromLISI S.A. to itsvarious
subsidiaries,
–dividendsreceivedbyLISIS.A.duringthe financialyear2013.
These transactionsareentered intoundernormalmarket conditions; in
particular, they take into account costs thatwere actually incurred and
arebilledback.
1.5
|
AUDITORS’ FEES
Thetablebelow liststhefeespaidtotheAuditorsappointedforcertifying
the Group’s financial and consolidated statements. These are the fees
paid for services rendered and recognized for the year 2013 in the
accounts of LISI S.A. and its subsidiaries, whose income statements for
theyearandbalancesheetsare fullyconsolidated.
The fees relative for tax services regarding the French or foreign
companies, renderedbyBureauFrancis Lefebvreorother consultancies,
arenot listed inthistable:
In€'000
Ernst &Young
ExcoCapAudit
Foreign auditors
Amount
Amount
Amount
N
N-1
N
N-1
N
N-1
Audit
Auditors, certification, reviewof individual andconsolidated financial statements
-Holdingcompany
76
77
22
23
-Fullyconsolidatedsubsidiaries
660
744
214
250
29
6
Otherduediligenceandservices
-Holdingcompany
18
-Fullyconsolidatedsubsidiaries
88
12
15
24
40
Sub-total
825
852
251
297
29
46
Otherservices renderedbythenetworkstothefullyconsolidatedsubsidiaries
Legal, tax,andsocial
4
Miscellaneousservices
11
Sub-total
15
TOTAL
825
852
251
297
29
61
