Connect - Schneider Electric

6 COMPANY FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
226
Note 4 Marketable securities
2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
Dec. 31, 2010 Aquisitions Disposals Dec. 31, 2010
Number of
shares* Value Value Value Value
Number of
shares
Stock options plan 26 1,460,906 43,300 - (17,604) 25,696 866,970
Stock options plan 27 1,892,054 54,128 - - 54,128 1,892,054
Stock options plan 28 2,000,000 57,348 - - 57,348 2,000,000
Stock options plan 29 62,666 1,797 - - 1,797 62,666
Stock options plan 30 1,755,172 60,711 - - 60,711 1,755,172
Stock grants plan 5 - - 8,141 - 8,141 274,680
Stock grants plan 8 - - 9,463 - 9,463 319,256
Total Gross 7,170,798 217,284 17,604 (17,604) 217,284 7,170,798
Provisions - (17,604) - (17,604)
TOTAL NET 217,284 - (17,604) 199,680
* Taking into account the two-for-one share split effective on September 2, 2011.
Marketable securities primarily represent own shares held by the
Company for allocation to stock option plans. The shares oh stock
grants plans n°5 and 8 are registered as direct shareholders and
blocked during two years.
Note 5 Advances to the Group cash pool
Note 6 Accruals and other assets
6.1 – Prepaid expenses
At December 31, 2011, a EUR17 million provision was registered
over the 593,936 own shares allocated to plans n°5 and 8 by
Management Board decision on December 6, 2011; these shares
were allocated to plan n°26 in 2010.
This item consists of interest-bearing advances by Schneider Electric SA to the Group cash pool (Boissière Finance) that are recoverable
on demand.
This EUR1 million line item consists of the expenses incurred in arranging a rate swap in connection with the EUR600 million bond issue
of October 8, 2007.