2007 - April

2.0
Notes to the consolidated financial statements at December 31 st 2007
Note 7. Notes to the cash-flow statement
7.4. Cash position
7.1. Net expenses without any impact on cash-flow
In thousand euros Dec 31 st , 2007
Net depreciation and provisions 7,486
Change in provisions for claims 33,728
hange in value of goodwill -26
Income and expenses calculated linked
to stock options and related
7.2. Cash-flow
7.3. Change in assets and liabilities
528
Diferred taxes 282
NET EXPENSES WITHOUT ANY IMPACT
ON CASH-FLOW
41,998
In thousand euros Dec 31 st , 2007
Consolidated net income 72,111
Elimination of net expenses without any
impact on cash-flow
41,998
Income from disposals and other income 62
CASH-FLOW 114,171
In thousand euros Dec 31 st , 2007
Change in receivables and liabilities
from insurance operations
-7,886
Other changes in receivables and liabilities 15,262
CHANGE IN ASSETS AND LIABILITIES 7,376
In thousand euros
Note 8. Transactions with related parties
Year-end cash position
Balance sheet Dec 31 st , 2006
Change
Year-end cash position
Balance sheet Dec 31 st , 2007
Bank balances 68,959 12,191 81,150
Placements court terme 98,850 -2,282 96,568
Short-term financial debt -6,584 -3,742 -10,326
TOTAL 161,225 6,167 (1) 167,392
In 2007, the company or one of its subsidiaries carried out the following transactions with affiliates (amounts presented > 50
thousand euros):
Nature of ties
Nature of service
Expense/Income
for the Group
Amount for 2007
In thousand euros
Kaelia Common director External communications Expense 889
Evolem* Common manager External growth assistance Expense 145
Evolem* Common manager Real estate rental Income 86
Terre d’Entreprise Manager / director Training Expense 600
ALP Common director Provision of resources (including rental) Expense 271
ALP Common director Brand royalty Expense 239
ALP Common director Provision of resources Income 59
MUTUALP Common director Brokerage activity Income 501
PHIMAVAL Common manager Real estate rental Expense 95
INTERACTION FINANCES Common manager Provision of services Expense 70
COURTIERS REUNIS Common director Brokerage activity Expense 208
REUNIRASSURANCE Common manager Brokerage activity Income 520
SF3C Common director Provision of services Expense 382
ESSOR Common manager Brokerage activity Income 314
ESSOR Common manager Provision of resources (including rental) Expense 106
MONCEAU - CIAM Manager and director Management mandate Income 2,885
Hannover Re Manager and director Reinsurance Expense 3,685
* Evolem, APRIL GROUP’s majority shareholder, held 61.67% of the share capital at December 31 st , 2007
(1) Cf. Cash-flow statement
137
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