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4.2 FINANCIAL STATEMENTS OF DANONE SA, THE DANONE PARENT COMPANY
Note 22. Results and other significant information relating to the last five years
DANONE
REGISTRATION DOCUMENT 2015
163
NOTE 22. RESULTS AND OTHER SIGNIFICANT INFORMATION RELATING
TO THE LAST FIVE YEARS
2011
2012
2013
2014
2015
Capital at year-end
Share capital
(in €)
160,561,643 160,790,500 157,757,000 160,948,000 163,737,800
Number of shares issued
642,246,573 643,162,000 631,028,000 643,792,000 654,951,200
Operations and results for the year
(in € millions)
Net sales
417
478
520
474
492
Net income before tax, depreciation,
amortization and provisions
530
395
686
482
2,070
Income tax
(a)
109
112
77
76
111
Income after tax, depreciation,
amortization and provisions
631
442
762
541
2,217
Dividends paid
(b)
837
857
860
915
1,048
Earnings per share
(in € per share)
Income after tax but before depreciation,
amortization and provisions
1.00
0.79
1.19
0.85
3.33
Net income after tax, depreciation,
amortization and provisions
0.98
0.69
1.16
0.84
3.38
Dividend per share
1.39
1.45
1.45
1.50
1.60
Personnel
Average number of employees for the year
725
746
740
725
798
Payroll expense
(in € millions)
236
170
149
159
180
Amounts paid in respect of employee benefits
(c)
(social
security, social benefit schemes, etc.)
(in € millions)
66
71
66
71
77
(a) Income (expense).
(b) Amount relative to the 2015 fiscal year estimated as of December 31, 2015 based on the number of treasury shares held on that date by the Company. The 2014
dividend corresponds to the amount actually paid out during the 2015 fiscal year. This dividend totaling €915 million was paid out in cash totaling €323 million
and in new shares for €591 million.
(c) Includes personnel expense excluding social charges (seeNote 12 of theNotes to the financial statements of the parent Company Danone) aswell as provisions
related to stock-options and Group performance shares (see Note 13 of the Notes to the financial statements of the parent company Danone).
NOTE 23. SUBSEQUENT EVENTS
To the best of the Company's knowledge, no significant events occurred between the end of the reporting period and February 22,
2016, the date on which the Board of Directors approved the financial statements of the parent company Danone for the year ended
December 31, 2015.