6 - Vicat

Financial information concerning the asset base,the financial condition and the results of the issuer20.3.3. NOTES TO VICAT S.A. FINANCIAL STATEMENTS 200920Vicat, together with 17 subsidiaries, entered into atax sharing agreement whereby they have electedto file a consolidated tax return. According to thetax sharing agreement, the effective tax expensesaccounted for by the subsidiaries are calculated asif there were no tax sharing. The tax saving resultingfrom the tax sharing agreement is awarded tothe parent company, notwithstanding the tax dueto the tax loss subsidiaries, for which a provision isestablished. For 2009, this saving amounts to 5,794thousand euros.Non tax-deductible expenses amount to 403 thousandeuros for 2009.DEFERRED TAXHeadings (in thousands of euros)AmountTax due on :Price increases provisions 3,917Special tax depreciation 25,769Total increases 29 686Headings (in thousands of euros)AmountTax paid in advance on temporarily non-deductible expenses 3,485of which profit-sharing expenses 1,670Total reductions 3,485Net deferred tax 26,201Executive management compensation (in thousands of euros)AmountCompensation allocated to :- senior managers 210- members of the Board 2,227Employee numbersAverageAt December31, 2009Management 198 203Supervisors, technicians, administrative employees 382 381Blue-collar workers 271 264Total Company 851 848of which Paper Division 149 1422009 registration document - VICAT 181