AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

The Group’s share in non-controlling interests in consolidated financial year income and in changes in
the net equity of subsidiaries, after adjustments and eliminations deriving from consolidation have been
taken into account, is determined on the basis of the share of ownership at the end of the financial year,
without taking into account the possible exercise or conversion of potential voting rights and after
discounting the effect of dividends, agreed or otherwise, of preferred shares with cumulative rights that
have been classified in net equity accounts. However, the Group’s share and non-controlling interests
are determined taking into account the eventual exercise of potential voting rights and other derivative
financial instruments which, in essence, currently grant access to financial benefits associated with
ownership interests, namely, the right to participate in future dividends and in changes in the value of
subsidiaries.
The excess losses attributable to non-controlling interests generated prior to 1 January 2010, which are
not chargeable to these interests because they exceed the amount of the share in the equity of the
subsidiary, are recorded as a decrease in net equity attributable to shareholders of the Controlling
Company, except in those cases in which the non-controlling interests have a binding obligation to
assume all or part of the losses and have the capacity to make the necessary additional investment.
The benefits obtained in subsequent financial years are allocated to net equity attributable to
shareholders of the Controlling Company, until the losses assumed in previous accounting periods
corresponding to non-controlling interests have been recovered.
As of 1 January 2010, income and each element of other comprehensive income are allocated to net
equity attributable to shareholders of the Controlling Company and to non-controlling interests in
proportion to the share, even if this implies a debit balance of non-controlling interests. Agreements
between the Group and non-controlling interests are recognized as separate transactions.
Changes in the share of Group subsidiaries, which do not give rise to a loss of control, are included
under net equity and have no impact on goodwill or on profit or loss for the period.
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