APC 2012 Annual Report Download - page 240

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC238
COMPANY FINANCIAL STATEMENTS
6NOTES TO THE FINANCIAL STATEMENTS
Note4 Marketable securities
Dec.31, 2011 Aquisitions Disposals Dec.31, 2012
Number
ofshares Value Value Value Value Number ofshares
Stock options plan 26 866,970 25,696 17,886 (17,617) 25,965 876,034
Stock options plan 27 1,892,054 54,128 - - 54,128 1,892,054
Stock options plan 28 2,000,000 57,348 - - 57,348 2,000,000
Stock options plan 29 62,666 1,797 - - 1,797 62,666
Stock options plan 30 1,755,172 60,711 - - 60,711 1,755,172
Stock grants plan 5 274,680 8,141 14 (8,155) - -
Stock grants plan 7 - - 74 (74) - -
Stock grants plan 8 319,256 9,463 18 (9,481) - -
Total Gross 7,170,798 217,284 17,992 (35,327 199,949 6,585,926
Provisions (17,604) - 17,604 -
TOTAL NET 199,680 17,992 (17,723) 199,949
Marketable securities primarily represent own shares held by the
Company for allocation to stock option plans. The shares of stock
grants plans n°5, n°7 and n°8 are registered as direct shareholders
and blocked during two years.
At December31, 2012, the EUR17million provision booked in2011
over the 593,936 own shares allocated to plans n°5 and 8 by
Management Board decision on December6, 2011 was reversed;
these shares were allocated to plan n°26 in2010.
At December 31, 2012, the Management Board determined
plans n°26, n°27, n°28, n°29 et n°30 as stock-options plans. The
reallocation of Schneider Electric SA shares, initially allocated to
these plans has not been decided yet by the Management Board.
Note5 Advances to the Group cash pool
This item consists of interest-bearing advances by Schneider ElectricSA to the Group cash pool (Boissière Finance) that are recoverable
on demand.
Note6 Accruals and other assets
6.1 – Prepaid expenses
This EUR1million line item consists of the expenses incurred in arranging rate swaps in connection with the bonds (see note7.3).