200 / 302
Consolidated Financial Statements as of December 31, 2015
Notes to the Consolidated Financial Statements
The year-on-year decrease reflected the sale of 12.7
million shares
On June
15, 2009, a total of 18,638,439 shares were sold out of
described in Note 2.1.
treasury at a price of 28.725
euros per share, generating total proceeds
of 535 million euros, and 18,638,439
shares were bought back at the
Shares held directly
same price per share of 28.725
euros for forward delivery at various
The Carrefour shares held directly by the Company are intended,
dates through July
2017. The transaction had no impact on the
notably, for the Group's stock option plans or for the liquidity
consolidated income statement.
agreement set up in January 2014 with Oddo Corporate Finance.
Following the distribution of Dia shares on July
5, 2011, Carrefour
All rights attached to these shares are suspended for as long as they are delivered an additional 2,196,200
shares in exchange for a reduction
held in treasury.
in the buyback price per share to 25.184
euros.
Shares held indirectly via an equity swap
At December
31, 2015, Carrefour was committed to buying back
3,063,097
shares under the equity swap on June
15, 2016 for a total
In 2009, the Group reorganized the portfolio of treasury shares and
of 77 million euros recorded as a financial liability (Note 12.2.3).
instruments held to meet its obligations under the stock option and
stock grant plans.
Dividends
11.3
The 2014 ordinary dividend of 0.68
euro per share was paid on July 17,
390 million euros was paid in cash to shareholders who had chosen
●
2015 as follows:
not to reinvest their dividends.
3,556,885 new shares were issued and delivered in settlement of
●
reinvested dividends, leading to a total capital increase including
premiums of 102 million euros;
Other comprehensive income
11.4
2015
2014
Group share
(in millions of euros)
Pre-tax
Tax
Net
Pre-tax
Tax
Net
Effective portion of changes in the fair value of cash
flow hedges
(0)
0
(0)
28
(15)
13
Changes in the fair value of available-for-sale financial
assets
(3)
1
(2)
10
(3)
7
Exchange differences on translating foreign operations
(511)
0
(511)
(5)
(0)
(5)
Items that may be reclassified subsequently to profit
or loss
(515)
1
(513)
33
(18)
15
Remeasurements of defined benefit plans obligation
(27)
11
(16)
(192)
66
(127)
Items that will not be reclassified to profit or loss
(27)
11
(16)
(192)
66
(127)
TOTAL OTHER COMPREHENSIVE INCOME –
GROUP SHARE
(542)
13 (529)
(159)
48 (112)
2015
2014
Non-controlling interests
(in millions of euros)
Pre-tax
Tax
Net
Pre-tax
Tax
Net
Effective portion of changes in the fair value of cash
flow hedges
2
(1)
1
3
(1)
2
Changes in the fair value of available-for-sale financial
assets
(4)
1
(2)
10
(3)
7
Exchange differences on translating foreign operations
(91)
0
(91)
18
0
18
Items that may be reclassified subsequently to profit
or loss
(92)
0
(92)
31
(4)
27
Remeasurements of defined benefit plans obligation
(2)
0
(1)
(3)
0
(3)
Items that will not be reclassified to profit or loss
(2)
0
(1)
(3)
0
(3)
TOTAL OTHER COMPREHENSIVE INCOME -
NON-CONTROLLING INTERESTS
(94)
1
(93)
28
(4)
24
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2015 REGISTRATION DOCUMENT