6 - Vicat

information concerning the asset base,the financial condition and the results of the issuer20Financial20.3.3. NOTES TO VICAT S.A. FINANCIAL STATEMENTS 2009Net financial incomeNet financial income included a reversalof provisions for depreciation of treasury shares for an amount of 22,894thousand euros.ANALYSIS OF CORPORATE INCOME TAX AND ADDITIONAL CONTRIBUTIONSHeadings(in thousands of euros)Profit (loss)before taxCorporateincome taxSocial securitycontributionsProfit (loss)after taxCurrent profit (loss) 187,752 - 42,576 - 1,706 143,470Net non-operating income (expense) and - 33,986 14,786 592 - 18,608profit-sharingBook profit (loss) 153,766 - 27,790 - 1,114 124,862OFF-BALANCE SHEET COMMITMENTSCommitments given (in thousands of euros)ValueAccrued retirement indemnities (1) 10,256Guarantees granted to subsidiaries 137,260TOTAL 147,516(1)including an amount of 4,028 thousand euros relating to supplemental pension scheme for officers and other managers of theCompany under Article 39 of the French General Tax Code (CGI).Commitments received (in thousands of euros)ValueConfirmed credit lines (1) 696,000Other commitments received 31,642TOTAL 727,642(1)including 152,000 thousand euros allocated to coverage of the program of the commercial paper issue.Retirement indemnities are accrued in accordancewith the terms of in the collective labor agreements.The corresponding liabilities are calculated usingthe projected unit credit method, which includesassumptions on employee turnover, mortality andwage inflation. Commitments are valued, includingsocial security charges, pro rata to employees’ yearsof service.Principal actuarial assumptions are as follows :Discount rate 5.25 %Wage inflation from 2.5 % à 4 %Inflation rate : 2 %IMPACT OF THE SPECIAL TAX EVALUATIONSHeadings (in thousands of euros) Allowances Reinstatements AmountsIncome for the year 124,862Income taxes 27,790Social security contributions 1,114Earnings before income tax 153,766Change in special tax depreciation of assets 20,266 1,776 18,490Change in investment provision 2,269 526 1,743Variation in special revaluation provision - - -Variation in the price increase provision 3,164 12 3,152Subtotal 25,699 2,314 23,385Income excluding the special tax valuations (before tax) 177,151180 VICAT - 2009 registration document