2012 ANNUAL REPORT - page 297

297
On 5 March 2012, Prysmian Cavi e Sistemi S.r.l and Prysmian
S.p.A. respectively acquired 99.99% and 0.01% of the shares
in Jaguar Communication Consultancy Services Private Ltd, an
Indian company formed on 31 January 2012.
On 3 May 2012, Prysmian S.p.A. repaid the Credit Agreement
entered into on 18 April 2007, under which an initial amount
of Euro 100 million in credit had been made available to the
Company.
Prysmian S.p.A. repaid the remaining balance of Euro 67
million on the Term Loan Facility.
On 1 June 2012, the Company acquired a 0.01% interest in
Prysmian Surflex Umbilicais e Tubos Flexiveis do Brasil Ltda
from its subsidiary Prysmian Cavi e Sistemi S.r.l..
With effect from 1 October 2012, Prysmian S.p.A. received
through demerger:
• from the subsidiary Prysmian Cavi e Sistemi S.r.l., the
interests in Prysmian Cavi e Sistemi Italia S.r.l. (100%),
Prysmian PowerLink S.r.l. (84.8%), Prysmian Treasury S.r.l.
(100%) and Fibre Ottiche Sud – F.O.S. S.r.l. (100%);
• from the subsidiary Prysmian Cavi e Sistemi Italia S.r.l., a
minority interest in Prysmian PowerLink S.r.l. (15.2%).
On 30 November 2012, capital contributions were made to
the subsidiary Draka Holding N.V. for Euro 230,000 thousand,
to the subsidiary Prysmian Treasury S.r.l. for Euro 12,000
thousand and to the subsidiary Fibre Ottiche Sud – F.O.S. S.r.l.
for Euro 12,000 thousand.
The share capital of Prysmian S.p.A. increased during 2012
after 115,300 options were exercised under the stock option
plan. After this exercise, the total number of shares at 31
December 2012 was 214,508,781 (including 3,028,500 treasury
shares).
The financial statements contained herein were approved by
the Board of Directors on 27 February 2013.
Note: All the amounts shown in the tables in the following Notes are expressed in thousands of Euro, unless otherwise stated.
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