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Instruments which provide access to the company’s capital relate to the
benefits conferred on managers and employees under certain conditions,
as set out in notes 2.7.2 and 2.7.3. They only concern existing own shares.
2.5.3.4 Dividends
The amount of dividends for the 2017 financial year (not recognized)
submitted to the Shareholders’ General Meeting on April 24, 2018 for
approval breaks down as follows:
AMOUNT
(in in thousands of euros)
2017
2016
Total net dividend
25.9
23.9
The estimated amount for 2017 is calculated based on the total number
of shares, i.e. 54,023,875. The self-held shares at the date of payment
of the dividend will not be eligible for the payment of any dividend.
The amount of dividends for the 2017 financial year (not recognized)
submitted to the Shareholders’ General Meeting on April 24, 2018 for
approval breaks down as follows:
DIVIDEND PER SHARE (€)
2017
2016
Dividend per share
0.48
0.45
2.5.4
I
Provisions
2.5.4.1 Changes in provisions break down as follows:
(in €’000)
At January 1, 2016
Allowances (net of
reversals)
At December 31,
2016
Allowances
Reversals (amounts
used)
Reversals (non used
amounts)
Actuarial gains/
losses out of
shareholders' equity
Reclassifications
Entry into/exit from
consolidation scope
Translation
differences
At December 31,
2017
Pensions and retirement
37,159
2,313 39,472 2,818
(2,224)
(10)
(10)
0 (130)
(538)
39,378
Long-service medals
4,133
269 4,402
102
(120)
0
(40)
0
0 4,344
Environment-related
risks
12,288 (3,804)
8,484 2,060
(4,777)
0
0
0 (304)
5,463
Disputes and other risks
7,111
(636)
6,475
1,639
(2,015)
(500)
(345)
0
(39)
5,216
Guarantees to clients
9,882
(42)
9,840
0
(3)
0
0 (140)
(5)
9,692
For loss on contract
2,700
(900)
1,800
0
(900)
0
0
900
SUB-TOTAL NON-
CURRENT PROVISIONS 73,273 (2,800)
70,473 6,619 (10,039)
(510)
(50)
(345)
(270)
(886)
64,993
Industrial reorganization
340
695
1,035
111
(810)
0
478
0 (48)
766
Restructuring
2,616 (1,469)
1,147
0
(400)
0
0
0
0
747
Environment-related
risks
279
(67)
212
12
(26)
(40)
0
0
158
Disputes
659
290
949
392
(504)
(55)
4 (27)
(10)
748
Other risks
10,814
7,962 18,776 7,994
(6,812)
(2,514)
(4,242)
(247)
(219)
12,737
SUBTOTAL CURRENT
PROVISIONS 15,353
7,821
23,174 8,509 (8,553)
(2,608)
0 (4,815)
(273)
(277)
15,156
GRAND TOTAL
88,626
5,021
93,647 15,128 (18,591)
(3,118)
(50) (5,160) (544) (1,163)
80,149
of which as recurring operating profit
14,510 (15,836)
(2,618)
of which as non-recurring operating profit
618
(2,755)
(500)
The main provisions are in respect of:
– Pensions and retirement:
57
LISI 2017 FINANCIAL REPORT
CONSOLIDATED FINANCIAL STATEMENTS
3