to download the 2012 registration document. - Groupe M6

2012 FINANCIAL STATEMENTS AND RELATED NOTESShare subscription plansPersonnel costs2012 201102/05/2007 - 0.206/05/2008 0.0 0.6Plans granting free shares28/07/2009 - 1.323/12/2009 - 0.425/03/2010 0.0 0.227/07/2010 1.5 2.722/12/2010 0.2 0.326/07/2011 2.2 1.022/12/2011 0.2 0.027/07/2012 0.7 -Total cost 4.8 6.610. Net financial income2012 2011Investment income 5.1 4.6Other interest income 0.6 0.5Revaluation of derivative instruments 0.1 0.0Income from disposal of financial assets held for sale 20.2 -Other financial income (1) 0.0 7.5Financial income 26.1 12.62012 2011Interest on loans from banks and associates (0.1) (0.1)Capitalised interest on pension (0.4) (0.4)Revaluation of derivative instruments (0.4) (0.8)Other financial expense (1) (0.8) (8.4)Financial expense (1.7) (9.6)NET FINANCIAL INCOME 24.4 3.0Income from disposal of financial assets held for sale corresponds to the €20.2 million of incomerecorded on the disposal of the Summit Entertainment securities (see Note 17).The increase in investment income originates from the increase in the rate achieved for deposits, despitethe significant decline in benchmark interest rates (Eonia and Euribor). Despite lower average level ofdeposits year-on-year (€321 million in 2012, compared to €336 million in 2011), the Group recordedinvestment income of €5.1 million, compared to €4.6 million in 2011.The Group did not draw down any of its credit facilities during the financial year.(1) During the 2011 financial year, other financial items related to the Group’s equity investment in SummitEntertainment.182 - M6 GROUP - 2012 REGISTRATION DOCUMENT