Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS FOR THE YEARS ENDED
DECEMBER 31, 2011, AND 2010
(EXPRESSED IN THOUSANDS OF EUROS - KEUR)
On October 8, 2010, 45,713,729 shares, that represent 10.21% of the Company’s
share capital, owned by Amadecin S.a.r.l, Idomeneo S.a.r.l and Iberia Líneas Aéreas
de España Sociedad Anónima Operadora, S.A. (formerly known as Iberia Líneas
Aéreas de España, S.A.), were placed among qualified investors through a “block
trades” process.
b) Additional paid-in capital
The balance on the “Additional paid-in capital” caption represents the amounts
received in excess of the nominal value of the ordinary shares (“share premium”), net
of issuance and listing costs and taxes. Within this account the Group also
recognizes the cumulative amounts charged to profit in respect to employee sharebased
payments, the gains or losses resulting from transactions with its own shares,
and the share capital increase as described on section a) of this note.
c) Treasury shares
Reconciliation of the carrying amounts for the periods ended December 31, 2011,
and 2010, of the treasury shares is as follows:
68
Treasury Shares
KEUR
December 31, 2009 209,376 1,716
Shares cancellation (209,376) (1,716)
Shares issuance 2,093,760 1,716
December 31, 2010 2,093,760 1,716
December 31, 2011 2,093,760 1,716
The Group holds treasury shares for hedging the future specific share delivery
commitments with the Group employees and/or senior executives.
d) Retained earnings and reserves
On June 24, 2011, the General Shareholders’ Meeting agreed to distribute a fixed
gross dividend of EUR 0.30 per ordinary share carrying dividend rights, against 2010
profit for the year. The dividend amounted to EUR 133,646,457, once deducted the
portion that corresponded to ordinary shares held by the Group (“Treasury Shares”)
and was paid on July 27, 2011.
On November 30, 2011, the Board of Directors of the Company has approved the
distribution of an interim gross dividend from the profit for the year 2011 of a fixed
amount of EUR 0.175 per ordinary share. The dividend amounts to EUR 77,960,433,
once deducted the portion that corresponds to ordinary shares held by the Group
(“Treasury Shares”). The amount payable by EUR 77,960,433 is presented as of