155 / 364
4.2 FINANCIAL STATEMENTS OF DANONE SA, THE DANONE PARENT COMPANY
Note 12. Equity
DANONE
REGISTRATION DOCUMENT 2015
155
NOTE 12. EQUITY
Carrying amount and changes during the period
As of December 31, 2014
Changes during the period
Asof
December31,
2015
(in € millions)
Before
allocation
After
allocation
(b)
Net income
Capital
decrease
Capital
increase
(c)
Capital
increase
(d)
Before
allocation
Share capital
161
161
−
−
−
3
164
In number of shares
(a)
643,792,000 643,792,000
−
−
838,052 10,321,148 654,951,200
Additional paid-in capital
3,301
3,301
−
−
39
589
3,929
Legal reserve
4
4
−
−
−
−
4
Other reserves
3,781
3,781
−
−
−
−
3,781
Retained earnings
3,125
2,752
–
−
−
−
2,752
Net income for the year
541
−
2,217
−
−
−
2,217
Regulated provisions
1
1
−
−
−
−
1
Total
10,914
10,000
2,217
−
39
592
12,848
(a) Ordinary shares with a par value of €0.25.
(b) Following shareholder approval at the Shareholders' Meeting of April 29, 2015, the entire 2014 net income amount was allocated to the dividend (see Note 2
of the Notes to the financial statements of the parent company Danone).
(c) Issue carried out on June 11, 2015 under the terms of the Company savings plan (
Plan d'Épargne Entreprise
).
(d) Issue carried out on June 3, 2015 as part of the payment of the dividend in shares.
NOTE 13. PROVISIONS FOR RISKS AND CHARGES
Carrying amount and changes during the period
As of December 31,
2014
Changes during the period
As of December 31,
2015
(in € millions)
Allocation
Reversal
Reversal
(not utilized)
Provisions in respect of stock-
option and Group performance
share plans
(a)
55
25
(37)
−
43
Other provisions
6
6
(2)
−
10
Total
61
31
(39)
−
53
(a) Provisions in respect of stock-option plans hedged by DANONE call options and Group performance share plans. The provision was established at the time
of the first purchases of DANONE call options in 2011 in the amount of €96 million.