Payment of the 2019 dividend
The Shareholders’ Meeting of April 25, 2019 held in Paris approved the proposed dividend relating to the 2018 fiscal year of €1.94 per
share in cash.
Note 15. Other non-current provisions and
liabilities and legal and arbitration proceedings
Note 15.1. Accounting principles
Other provisions
Other provisions consist of provisions and investment subsidies.
Provisions are recognized when the Group has a present obligation resulting from a past event, it is probable that this obligation will
result in a net outflow of resources to settle the obligation and the amount of the obligation can be reliably estimated. Danone also
presents in Other provisions the "current" portion since it is not material and does not disclose information on provisions recognized if it
deems such disclosure would seriously prejudice its position as regards the resolution of the matter that is the subject of the provision.
For each obligation, the amount of the provision recognized as of the reporting date reflects manageme
nt’s best estimate, as of that
date, of the probable outflow of resources required to settle said obligation. If payment is made to settle the obligation or an outflow of
resources is no longer probable, the provision is reversed (to reflect, respectively, the use or non-use of the provision).
Other non-current liabilities
Other non-current liabilities correspond to liabilities for uncertain income tax positions pursuant to IFRIC 23. They are recognized
depending on whether it is probable that they will crystallize, without taking into account the probability that they will not be detected by
the tax authorities. Their measurement must reflect management's best estimate as to their actual amount when they ultimately
crystallize. They must be recognized on the basis of their most probable value or a weighted average of the values under various
scenarios.
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