LISI 2014FINANCIALREPORT
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General informationregardingthecompany
1
2011
TheGroupcontinued themovement tostrengthenandbuild itsposition
in strategicmarkets started in 2010. The year 2011 wasmarked by the
followingtransactions:
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LISI COSMETICSwas deconsolidated on January 1, 2011 following the
salecompletedasatApril6,2011.Fortherecord, thedivisiongenerated
aturnoverof€52.8m in2010.
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TheCreuzetGroupwaspurchasedandconsolidatedasof July1,2011.
2012
OnMay29th,LISIAUTOMOTIVEsold100%of itsholdings in itssubsidiary
KNIPPINGUMFORMTECHNIKGmbh toGris InvestSAS foranamountof
€2.8million.
Mergerof IndraeroMoroccoandCreuzetMorocco.
2014
Mainlyspecializingintheforgingofmetalpartsforaerospaceapplications,
theManoir Aerospace group has been consolidated since June 5, 2014
into LISI AEROSPACE with the aim of strengthening the Structural
Componentsarmwiththe integrationofcomplementarytechnologies.
Toa lesserextent, one shouldnote in June2014, theacquisitionof 100%
of the control LISI AUTOMOTIVE Shanghai, of which a Chinese partner
held25%previously.
6.3
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Companyname – RegisteredOfficeand
Legislation
Companynameandheadoffice
LISIS.A. –LeMillenium–18rueAlbertCamus – 90008BELFORTCedex
Legalformoftheissuerandapplicablelegislation
“Société Anonyme” (public limited company) governed by French
legislation.
Placeandnumberofregistration
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R.C.S.:BELFORT536820269
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NAFCode:7010Z
6.4
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Incorporationand term -
ArticlesofAssociation
Incorporationandterm
The companywas setupon July5, 1968. Its termexpireson July4, 2067,
exceptingearlydissolutionorrenewal.
Purpose
Accordingtoarticle2oftheby-laws, thecompany’spurpose is:
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Theacquisitionof equity interests inall typesof companies, including
commercial, manufacturing, financial, securities and property
developmentcompanies;
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The manufacture, purchase and sale of all items, especially those
relating toscrews,nutsandbolts, forging, lathingandmachine tooling
andbuilding;
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Wherenecessary,all transactions relating to themachine industryand
saleofrelatedproducts;
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The direct or indirect participation in all transactions or business
matters that couldhavean impact on saidbusinesspurposeorwhich
could help further the interests of the corporation, by any means,
includingthecreationofnewcompanies,subscriptioncontribution,the
purchaseofsharesandrights,etc.;
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and more generally, all commercial, securities and real estate
transactions, be they directly or indirectly related to the business
purposeor likelyto facilitate itsexpansionorgrowth.
FinancialYear
The company’s accounting period begins on January 1 and ends on
December31ofeachyear.
Specificstatutoryclauses
Article 17–Distributionofearnings
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Out of thedistributableprofit, all amounts the Shareholders’ General
Meetingshalldecidetocarry forwardtothenextyearorallocatetothe
creationofextraordinary,contingency,orotherfunds,withorwithouta
specialallocation,shallbewithdrawnfirst.Theremainder isdistributed
betweentheshareholders, inproportiontothesharecapitalheld.
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Each shareholdermay be granted the optionof receivingpayment in
cashor in sharesunder the termsprovided forby law, for all orpartof
thedividendortheadvanceonthedividenddistributed.
Article 15-1 to 15-5–Shareholders’GeneralMeetings
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Shareholdermeetings areheld anddeliberate in accordancewith the
applicable legalprovisions.Theymeetattheheadofficeoratanyother
locationspecified inthemeetingnotice.
