LISI 2012 FINANCIAL REPORT
        
        
          75
        
        
          
            4
          
        
        
          COMPANY FINANCIAL STATEMENTS
        
        
          We also note that the dividend payouts per share, in euros,
        
        
          were as follows:
        
        
          
            Nominal value
          
        
        
          
            of the share
          
        
        
          
            Dividend
          
        
        
          
            per share
          
        
        
          Financial year ended 12/31/09
        
        
          €2.00
        
        
          €0.70
        
        
          Financial year ended 12/31/10
        
        
          €2.00
        
        
          €1.05
        
        
          Financial year ended 12/31/11
        
        
          €2.00
        
        
          €1.30
        
        
          Please note that dividends are paid out 9 months after year
        
        
          end, and the time limit after which dividend entitlement lapses
        
        
          is 5 years, effective from the date when dividends were agreed.
        
        
          Outlook for 2013
        
        
          Upstream dividend payments from our various subsidiaries
        
        
          and the maintenance of Group royalties should allow LISI S.A.
        
        
          to continue its policy of supporting its divisions and to ensure
        
        
          dividend increases for its shareholders.
        
        
          Additional information
        
        
          •
        
        
          Deductible expenses for tax purposes are made up of
        
        
          depreciation and hire of passenger vehicles and loan
        
        
          payments totaling €16,629.
        
        
          •
        
        
          LISI S.A. has, through a market making agreement with an
        
        
          independent service provider, purchased 121,223 LISI shares
        
        
          for €6.6m and has sold 137,862 shares for a sum of €7.5m. At
        
        
          December 31, 2012, the number of shares held through the
        
        
          market-making agreement was 12,541.
        
        
          •
        
        
          Treasury stocks held at December 31, 2012 totaled 314,980
        
        
          shares, including those related to themarket-making contract.
        
        
          •
        
        
          Trade payables excluding bills receivable amounted to €260k,
        
        
          90% of which are settled immediately.
        
        
          •
        
        
          LISI SA bought, as at November 9, 2012, LISI MEDICAL shares
        
        
          from LISI AEROSPACE at their net book value, or €33,337,000.
        
        
          The number of securities held is 3,333,700.