Registration Document - Pernod Ricard

PERNOD RICARD SA FINANCIAL STATEMENTS 5
Notes to the Parent Company fi nancial statements
NOTE 16 Increases and decreases in future tax liabilities
Type of temporary differences
In euro thousand Amount of tax
Increases None
Decreases -
Provisions not tax deductible in year of accounting recognition -
“Organic” local tax and other 121
Other provisions for contingencies 11,041
Provisions for pensions and other long-term employee benefits 12,424
DECREASES IN FUTURE TAX LIABILITIES 23,586
The tax rate used is the rate in force in 2009, i.e. 34.43%.
NOTE 17 Remuneration
Remuneration paid to members of the Executive Directors and members of the Board of Directors amounted to €5,293,816.
NOTE 18 Income
Operating income, including, among others, royalties received for
brands that belong to Pernod Ricard SA, came to €62,613 ,000 compared
NOTE 19 Financial income and expenses
with €64,956 ,000 in 2008, a fall of €2,343 ,000 attributable to lower
brand royalty payments.
In euro thousand At 30.06.2009
Income from investments 654,058
Income from other fixed asset securities and receivables -
Other interest and related income 233,583
Reversals of financial provisions and expense transfer 62,062
Currency t ranslation gains 505,812
Net gains on sale of marketable securities -
TOTAL FINANCIAL INCOME 1,455,515
In euro thousand At 30.06.2009
Depreciation, amortisation and provision charges (78,740)
Interest and related expenses (489,328)
Currency t ranslation losses (620,124)
Net expenses on marketable security disposals -
TOTAL FINANCIAL EXPENSES (1,188,192)
I REFERENCE DOCUMENT 2008/2009 I PERNOD RICARD 139