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Company Financial Statements as of December 31, 2015
Notes to the Company Financial Statements
Other reserves,
Issue and merger retained earnings Total shareholders'
Share capital
premiums
and net income
equity
(in millions of euros)
Shareholders' equity at December 31, 2014 including net
income for the year
1,837
15,930
6,399
24,166
Distribution of dividends*
Decided at the 2015 Annual Shareholders' Meeting
(499)
(499)
Issuance of new shares as part of the 2014 dividend
9
93
102
Change in premiums, reserves and retained earnings
3
3
Change in retained earnings
(89)
(89)
Shareholders' equity at December 31, 2015 before net
income for the year
1,846
16,023
5,814
23,683
Net income for the year
831
831
SHAREHOLDERS' EQUITY AT DECEMBER 31, 2015
INCLUDING NET INCOME FOR THE YEAR
1,846
16,023
6,645
24,514
The 2014 dividend was paid in July 2015, in cash for 394 million euros and in Carrefour shares for 102 million euros, resulting in the issuance of 3,556,885
*
new shares.
Dividends not paid on Carrefour shares held in treasury on the ex-dividend date, amounting to 3 million euros, were credited to retained earnings
on payment of the cash dividend.
The impact of the change in accounting policy for pension benefit obligations described in the section on accounting policies and in Note
2
(significant events) is a decrease of 89 million euros in retained earnings.
Treasury share reserve
6.3
The carrying amount of Carrefour shares held in treasury at December 31, 2015 was 199 million euros.
Provisions and impairment
Note 7
Reversals
January 1,
Change in December 31,
2015 Increases
accounting policy
(2)
2015
(in millions of euros)
Used Unused
Provision for contingencies and charges
Obligations to deliver shares
11
(11)
-
Pension obligations
23
1
(42)
89
71
Other
(1)
333
54
(63)
324
Impairment
-
-
On intangible fixed assets
680
680
On financial investments
1,592
80
(9)
1,663
On accounts receivable
185
185
Other (marketable securities)
32
5
(29)
8
TOTAL
2,856 140
-
(154)
89
2,931
Analysis
Movements recorded in operating income and expense
47
5
(43)
89
98
Movements recorded in financial income and expense 2,048 135
(67)
2,116
Movements recorded in non-recurring income and
expense
761
(44)
717
TOTAL
2,856 140
-
(154)
89
2,931
"Other" relates to provisions for risks related to subsidiaries and affiliates and provisions for miscellaneous contingencies and disputes.
(1)
Details of the change in accounting policy for pension benefit obligations are provided in the section on accounting policies relating to pension obligations and
(2)
in Note 2 ("Significant events of the year").
2015 REGISTRATION DOCUMENT
243