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4.2 FINANCIAL STATEMENTS OF DANONE SA, THE DANONE PARENT COMPANY
Note 9. Financial assets
DANONE
REGISTRATION DOCUMENT 2015
153
Equity interests
Equity interests held in portfolio as of December 31, 2015
(in € millions,
except percentages)
Share capital
(a)
Other equity
(a) (c)
Share of equity held
Number of shares held
Carrying amount
of shares held – Gross
Carrying amount
of shares held -Net
Maximum authorized amount
of guarantees security
interests and endorsements
given by the Company
Previous year's sales
(b)
Previous year's net income
(loss)
(b)
Dividends received
by the Company
during the year
Subsidiaries (at least 50% of the share capital held by the Company)
French investments
DANONE CORPORATE
FINANCE SERVICES
142
97 100% 8,875,000
179
179
750
–
28
–
COMPAGNIE GERVAIS
DANONE
1,663
1,174 100% 65,979,757 1,293 1,293
–
– 531
707
DANONE BABY AND
MEDICAL HOLDING
12,369 (1,427)
100% 12,369, 171,277 12,366 12,366
–
– 1,541 1,529
DAN INVESTMENTS
6
(1)
100%
300,000
6
3
–
–
(2)
–
HOLDING INTERNATIONALE
DE BOISSONS
174
972 100% 86,768, 722
966
966
–
– (43)
−
Foreign investments
DANONE SINGAPORE HOL-
DINGS PTE LTD
148
13
61% 144,830,596
108
108
–
–
12
8
FPS DANONE
COMMUNITIES
14
(2)
64%
14,392
8
8
–
–
−
−
DANONE ASIA PTE LTD
1,311
230
88% 1,951, 114,726 1,151 1,151
–
– 255
89
DANONE FINANCE
NETHERLANDS
8
− 100%
800,000
94
45
–
–
–
35
Investments in associates (at least 10% to 50% of the share capital held by the Company)
NV DANONE SA
983
793
23%
21,988
400
400
– 299
58
–
DANONE FINANCE
INTERNATIONAL
965 4,968
33% 4,034,154 2,012 2,007 2,000
– 127
59
Total
18,583 18,526
(a) Amounts related to foreign companies are translated at the year-end exchange rate.
(b) Amounts related to foreign companies are translated using the average exchange rate for the year.
(c) Excluding net income (loss) for the year.
Long-term loans and receivables
The change in Long-term loans and receivables was due to the repayment of euro denominated loans by Danone Poland and Zywiec
Zdroj totaling €64 million and the revaluation of foreign currency current accounts with Danone Finance International for €32 million.
Foreign currency loans
Foreign currency loans are translated at the closing rate, resulting in the recognition of translation differences at the year end, which are
presented in the balance sheet under Deferrals and prepaid expense and Deferrals and accrued expense.
As of December 31, 2015
(in € millions, except Nominal value
in foreign currency, in currency millions)
Nominal value in
foreign currency
Historical value Translation difference
Carrying amount
Yen
43,000
381
(53)
328