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2012 FINANCIAL STATEMENTS AND RELATED NOTES5.4. Directors’ remunerationAmount in €Directors' remuneration 3,008,102In addition, in this respect and under the same conditions as Company employees, members of theExecutive Board may benefit from legal compensation at the end of their career. No loans or advanceswere granted to any Director.5.5. Average workforceThe average workforce of Métropole Télévision was made up as follows:2012 salariedemployees2011 salariedemployeesPermanent workforce 605 575Employees 58 50Supervisors 136 133Managers 312 297Reporters 99 95Temporary workforce (full time equivalent) 111 125Total 716 700At 31 December 2012, the cumulative hours relating to individual training rights amounted to 54,437hours.1,064 ITR hours were used during the financial year5.6. Share subscription plans and plans granting free sharesThe share subscription plans are serviced through the issue of new shares.Plans granting free shares are serviced using outstanding shares.The main features of stock option plans, plans granting free shares and share subscription plans in forceat 31 December 2012 or which lapsed during the year are as follows:230 - M6 GROUP - 2012 REGISTRATION DOCUMENT
2012 FINANCIAL STATEMENTS AND RELATED NOTESNumber ofshares grantedat plan dateMaximumallocationBalance at31/12/2011Performance-based allocationGrantedExercicedCancelledBalance at31/12/2012Share subscription plan 3,083,575 3,083,575 2,092,734 - - - (538,625) 1,554,10902/06/05 635,500 635,500 368,500 - - - (368,500) -06/06/06 736,750 736,750 445,750 - - - (50,500) 395,25002/05/07 827,500 827,500 576,000 - - - (56,500) 519,50006/05/08 883,825 883,825 702,484 - - - (63,125) 639,359Plans granting free shares 1,244,850 1,340,845 824,295 (16,322) 487,750 (390,822) (64,669) 840,23225/03/10 22,000 22,000 22,000 - - (22,000) - -27/07/10 328,500 377,775 372,025 - - (339,021) (33,004) -22/12/10 35,650 48,000 33,050 2,468 - (29,801) (5,717) -26/07/11 342,700 367,820 359,720 (18,790) - - (21,948) 318,98222/12/11 28,250 37,500 37,500 - - - (4,000) 33,500-27/07/12 487,750 487,750 - - 487,750 - - 487,750The exercise price of share subscription options all exceeded the share price at 31 December 2012.Cancellations recorded during the year resulted either from beneficiaries leaving the Group before the endof the vesting period or from plans expiring due to market conditions preventing all rights from beingexercised. They may also be due to non-achievement of financial performance targets set on allocatingthe plans.Data relating to the free share allocation plans are reference data corresponding to the achievement ofperformance objectives set within the context of the 2010, 2011 and 2012 plans.The number of shares to be permanently vested within the framework of the plan of 25 March 2010, 27July 2010 and of 22 December 2010 is 22,000, 339,021 and 29,801 shares, respectively, due to thefinancial targets associated with the plan being exceeded.The granting of 390,822 free shares generated a charge of €4.1 million, compared to €7.6 million in 2011.After rebilling of the shares delivered to employees of subsidiaries, Métropole Télévision incurred a chargeof €2.2 million in 2012 and €3.5 million in 2011.Due to the likelihood that financial objectives will be achieved and taking account of the employeedepartures already noted and projected, the number of shares to be permanently vested within theframework of the various outstanding plans has been estimated to date as follows:- Plan of 26 July 2011: 318,962 shares;- Plan of 22 December 2011: 33,500 shares;- Plan of 27 July 2012: 487,750 shares .In order to serve the current free share plans, Métropole Télévision entered into forward treasury sharepurchase contracts in relation to 330,000 shares, maturing on 26 July 2013. More detail regarding thevaluation of these contracts is provided in Note 5.3.5.7. Attendance feesThe amount of attendance fees paid during the year was €226,000.M6 GROUP - 2012 REGISTRATION DOCUMENT - 231
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DisclaimerThis report is an English
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M6 GROUP PRESENTATION1. M6 Group pr
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M6 GROUP PRESENTATION1.4.2. 2012 fi
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M6 GROUP PRESENTATIONIn total, the
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M6 GROUP PRESENTATIONChange in the
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M6 GROUP PRESENTATIONSND was the le
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M6 GROUP PRESENTATIONa) Business pr
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M6 GROUP PRESENTATIONMistergooddeal
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M6 GROUP PRESENTATIONSTATUTORY ALLO
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M6 GROUP PRESENTATIONb) Provisions
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CORPORATE GOVERNANCECORPORATE GOVER
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CORPORATE GOVERNANCEJérôme Leféb
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CORPORATE GOVERNANCEtwo years of ad
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CORPORATE GOVERNANCEb) Free shares
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CORPORATE GOVERNANCERobin LEPROUX 2
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CORPORATE GOVERNANCEEight of these
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CORPORATE GOVERNANCEbecoming famili
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CORPORATE GOVERNANCESHARE CAPITAL33
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SHARE CAPITALStock market performan
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SHARE CAPITAL3.4. Cash dividend pol
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SHARE CAPITAL- At least one third o
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SHARE CAPITALChange in the number o
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SHARE CAPITALTreasury shares alloca
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SHARE CAPITALDate of General Meetin
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SHARE CAPITALDate of General Meetin
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SHARE CAPITALControlled companies h
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SHARE CAPITAL3.10.4.4. Identificati
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RISK FACTORS AND MANAGEMENTRISK FAC
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RISK FACTORS AND MANAGEMENT4.1.2. D
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2012 FINANCIAL REPORT2012 FINANCIAL
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2012 FINANCIAL REPORT5.1.1.2. Conso
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2012 FINANCIAL REPORT5.1.2.2. M6 TV
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2012 FINANCIAL REPORTAdvertising an
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2012 FINANCIAL REPORTthe reliabilit
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2012 FINANCIAL REPORTParent company
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OTHER INFORMATION9.4. Person respon
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OTHER INFORMATION14. ADMINISTRATIVE
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OTHER INFORMATIONiv.Reports of the
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