La normativa de protección de datos personales

Attendance fees paid to members of the Supervisory

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6.25 CONTINGENT LIABILITIES

The contingent liabilities of the Company broke down as IROORZV

(in euros) 31/12/2013 31/12/2012

Irrevocable purchase obligations

(investment commitments) 0 1,512,598

Other long-term obligations (liability

guarantees and other) 2,351,401 1,541,552

Total 2,351,401 3,054,150

Investment commitments of the

Company in Apax France VIII-B 128,428,204 193,334,311 Investment commitments of the

Company in Apax France VIII LP 45,180,000 86,400,000

Total 175,959,605 282,788,461

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invested was €P

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amount of €PLQ$SD[)UDQFH9,,,%$VRI'HFHPEHU

2013, the amount invested was €P

2

(a) Investment commitments

Companies Commitments

as of 31/12/2012

Investments during the year

Cancellation of commitments as of 31/12/2013

New commitments as of 31/12/2013

Commitments as of 31/12/2013

Listed shares

Unlisted shares

Vocalcom (Willink)* 1,498,598 1,498,598 0

Texa (Texa Groupe Holding

Investissements)* 14,000 14,000 0

Total 1,512,598 14,000 1,498,598 0 0

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(b) Liability guarantees and other commitments

Liability guarantees

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earliest, in order to manage potential guarantee calls under WKH JXDUDQWHH JLYHQ E\ )LQDQFLqUH 6HDVRQ ZKHQ Mondial TissusZDVVROGLQ0D\

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balance was €DVRI'HFHPEHUEDVHGRQ

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tranches, representing a total of €4,404,083 based on a €

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average share price over a given period drops below a

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in escrow in addition to the collateralised securities so as to PDLQWDLQWKHVDPHFROODWHUDOWRORDQUDWLRFROODWHUDOWRSXS

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Conversely, when the share price of these companies rises, all or part of the balance in escrow is released, and the calls UHSDLG

Sensitivity

A 10% or 20% drop in the average market prices of these listed securities compared to the calculation performed on

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31 December 2014 and €XQWLO'HFHPEHU

Pledged securities:

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At 31 December 2013, 400,000,000 A1 units, 400,000,000

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To the Shareholders,

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Annual General Meeting, we hereby report to you, for the

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statements of Altamir;

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I. OPINION ON THE CONSOLIDATED FINANCIAL STATEMENTS

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that we plan and perform the audit to obtain reasonable DVVXUDQFH DERXW ZKHWKHU WKH FRQVROLGDWHG ´QDQFLDO VWDWH-PHQWVDUHIUHHRIPDWHULDOPLVVWDWHPHQW$QDXGLWLQYROYHV

performing procedures, using sampling techniques or other methods of selection, to obtain audit evidence about the DPRXQWVDQGGLVFORVXUHVLQWKHFRQVROLGDWHG´QDQFLDOVWDWH-PHQWV $Q DXGLW DOVR LQFOXGHV HYDOXDWLQJ WKH DSSURSULDWH-ness of accounting policies used and the reasonableDSSURSULDWH-ness of accounting estimates made, as well as the overall presenta-WLRQ RI WKH ´QDQFLDO VWDWHPHQWV :H EHOLHYH WKDW WKH DXGLW

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of companies and entities included in the consolidation, in DFFRUGDQFHZLWK,)56DVDGRSWHGE\WKH(XURSHDQ8QLRQ

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II. JUSTIFICATION OF OUR ASSESSMENTS

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our assessments, we bring to your attention the following PDWWHUV

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we have been informed of the procedures adopted by the Management Company and the information and assump-WLRQVXVHGIRUYDOXLQJ´QDQFLDOLQVWUXPHQWV

These assessments were made as part of our audit of WKH FRQVROLGDWHG ´QDQFLDO VWDWHPHQWV WDNHQ DV D ZKROH

and therefore contributed to the opinion we formed, as H[SUHVVHGLQWKH´UVWSDUWRIWKLVUHSRUW

III. SPECIFIC VERIFICATION

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The Statutory Auditors

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STATUTORY AUDITORS’ REPORT

In document PROTECCIÓN DE DATOS Y RESPONSABILIDAD DEL PERIODISTA (página 126-130)