Contents

4Financial position – resultsConsolidated statement of comprehensive incomeConsolidated statement of comprehensive income(€ millions) Notes 2012 2011Net loss (119) (77)Items that may be recycled to profit or loss 10 (6)Translation adjustments 6 (12)Gains and losses on interest and exchange rate derivatives – hedge accounting 18 5 5Tax impact of gains and losses on interest and exchange rate derivatives – hedge accounting (1) 1Items that may not be recycled to profit or loss (54) (39)Actuarial gains and losses related to pension and other post-employment benefit obligations 16 (65) (38)Tax impact of gains and losses related to pension and other post-employment benefit obligations 11 (1)Total other comprehensive loss (44) (45)TOTAL COMPREHENSIVE LOSS (163) (122)Of which:- Attributable to Sequana shareholders (163) (123)- Attributable to non-controlling interests – 1The notes are an integral part of the financial statements.Statement of changes in consolidated equity(€ millions)Numbersof sharesissued (2)Sharecapital (2)Additionalpaid-in capitalCumulativetranslationadjustmentCumulativefair valueadjustmentRetainedearningsand otherconsolidatedreservesShareholders’equityNon-controllinginterestsTotal equityEquity at 1 January 2011 8,257,500 74 95 (48) (11) 704 814 – 814Dividends – – – – – (20) (20) – (20)Net loss – – – – – (77) (77) – (77)Other comprehensive income – – – (13) 6 (39) (46) 1 (45)Other movements (1) – – – – – (2) (2) – (2)Equity at 31 December 2011 8,257,500 74 95 (61) (5) 566 669 1 670Net loss – – – – – (119) (119) – (119)Capital increase 16,751,872 151 – – – (5) 146 – 146Other comprehensive income – – – 6 4 (54) (44) – 44Changes in scope of consolidation – – – – – – – (1) (1)Other movements (1) – – – – – 2 2 – 2Equity at 31 December 2012 25,009,372 225 95 (55) (1) 390 654 – 654(1) In 2012, “Other movements” corresponded essentially to the matching entry for cumulative translation adjustments recycled to profit or loss following the derecognition ofan Arjowiggins’ subsidiary in Argentina.In 2011, it reflected the impact of (i) changes in the value of Sequana’s treasury shares; and (ii) share award plans implemented (see Note 12c) for a negative amount of €2 million.(2) Share capital operations and the related number of shares are disclosed in Note 12; the total number of shares in this table applies the reverse stock split which took placein November 2012 retroactively. This operation is described in Note 12a.96 | Sequana | 2012 Document de référence (English version)