58
I LISI FINANCIALREPORT2013
CONSOLIDATEDFINANCIALSTATEMENTS
3
2.6.8.2Proofoftax
(in€'000)
12/31/13
%
Netearnings
74,639
Interestnotgrantingcontrolover thecompany
99
Taxburden recorded to the incomestatement
(includingCVAE)
(36,779)
Pre-taxnetearningsofconsolidatedcompanies(A)
111,418
Parent company taxation rate (B)
36.10%
Theoreticalaxburden (C)= (A)x (B)
40,222 109.4%
DIFFERENCES
Shareof feesandexpensesonpaiddividends
505 1.4%
Contributiononpaiddividends
440 1.2%
Taxcredits&other tax reductions
145 0.4%
Taxexemptionof foreigncompanies
(434)
(1.2%)
Permanentdifferences&unrecognized temporary
differences
650 1.8%
Recognitionorutilizationofpreviously tax
proceedsonunrecognizedpreviouslycarryforward
tax losses
(983)
(2.7%)
Impactdue to the reclassificationof theCIRand
CICE
(3,050)
(8.3%)
Impactdue to the reclassificationof theCVAEas
tax
3,829 10.4%
Differencebetween thenormal tax rateapplicable
to theparent companyand thestandard rate
applicable inFrenchand foreign jurisdictions
(5,173) (14.1%)
Impactofexceptional contributionon the income
tax (rise from5% to10.7%)
647 1.8%
Other
(19)
(0.1%)
Taxburdenrecordedtothe incomestatement
(includingCVAE)
36,779 100.0%
Actual taxrate (Incometaxexpense inthe income
statementcomparedtothepre-taxearningsof
consolidatedcompanies)
33.01%
2.6.8.3TaxratesappliedbyLISIGroupcompanies
2013
2012
Germany
30.00% 30.00%
UK
23.00% 23.00%
Canada
26.90% 34.12%
Spain
30.00% 30.00%
USA*
40.00% 40.00%
France
36.10% 36,10%
CzechRepublic
19.00% 19.00%
China
25.00% 25.00%
* including local taxes
2.6.9Earningspershare
Earningspersharecalculationsareshown inparagraph2.2.19.6.
Thetablesbelowindicatethereconciliationbetweenthenon-dilutedand
thedilutedearningspershare.
12/31/13
in€'000
Profit
(loss) for
the period
Number of
shares
Net
earnings
per shares
in€
Total stocks
10,786,494
Treasuryshares
(304,314)
Basicearningspershare
74,639 10,482,180
7.12
Dilutedearningspershare
74,639 10,482,180
7.12
12/31/12
in€'000
Profit
(loss) for
the period
Number of
shares
Net
earnings
per shares
in€
Total stocks
10,786,494
Treasuryshares
(314,980)
Basicearningspershare
57,288 10,471,514
5.47
Dilutedearningspershare
57,288 10,471,514
5.47
2.7
|
ADDITIONAL INFORMATION
2.7.1Segmentinformation
TheGroup’sbusiness isbrokendownbetweenthreemarketsthat include
the following3operationalsectors (divisions):
n
TheLISIAEROSPACEDivision,whichbrings togetherall activities in the
aerospacemarket,
n
The LISI AUTOMOTIVEDivision, whichbrings together all activities in
theautomotivemarket,
n
The LISI MEDICALDivision, which brings together all activities in the
medicalmarket.
The "Others" headingmainly consists of the holding company LISI S.A.
anddisposals.
