2019 Annual financial report

Chapter 6. Consolidated financial statements 2019 year

Note 31 Related-party disclosures 

Transactions with associates

 December 31, 2019

December 31, 2018


Revenue

Expenses

Revenue

Charges


Viva Tech(1)

 

December 31, 2019

12



December 31, 2018

-

9

-


Burrell Communications Group

 

December 31, 2019

-



December 31, 2018

2

-

3


Total

 

December 31, 2019

12



December 31, 2018

2

9

3

 (1) Joint-venture between Publicis and Les Échos Solutions


December 31, 2019


December 31, 2018



Receivables


Liabilities

Receivables


Liabilities



One Point

December 31, 2019


14

December 31, 2018


1

12

-


Viva Tech(1)

December 31, 2019


-

December 31, 2018


2

1

5


ZAG

December 31, 2019


5

December 31, 2018


-

6

-


I7 Sapient

December 31, 2019


2

December 31, 2018


-

1

-


Étoile Restauration

December 31, 2019


-

December 31, 2018


-

1

-


Burrell

December 31, 2019


-

December 31, 2018


1

-

-


Autres

December 31, 2019


1

December 31, 2018


-

1

-


Total

December 31, 2019


22

December 31, 2018


4

22

5

Joint-venture between Publicis and Les Echos Solutions.

Finalization of Proximedia sale

On February 14,v2019, Publicis Groupe announced that, following a competitive sale process conducted with the help of a major bank, its subsidiaries that own Proximedia had entered into exclusive negotiations with Ycor, in which Mr. Maurice Lévy, Chairman of the Supervisory Board of Publicis Groupe, has interests, for the sale of all of Proximedia. The sale was finalized in the first half of 2019 (see Note 6).

Compensation of managers

Managers include individuals who were members of the Supervisory Board or Management Board, at the reporting date or during the year ended.

(in millions of euros)


2019


2018


(in millions of euros)


Total gross compensation(1)

2019


(12)

2018


(11)

(in millions of euros)


Post-employment benefits((2)

2019


-

2018


-

(in millions of euros)


Other long-term benefits(3)

2019


-

2018


-

(in millions of euros)


Share-based payment(4)

2019


(1)

2018


(6)

(1) Compensation, bonuses, indemnities, attendance fees and benefits in kind paid during the year.
(2) Change in pension provisions (net impact on income statement).
(3) Increase/release of provisions for deferred compensation and contingent bonuses.
 (4) Expense recognized in the income statement under the Publicis Groupe stock option and free share plans

In addition, the total accounting provision as of December 31, 2019 for post-employment benefits and other long-term benefits for Senior management amounted to euro 1 million. This figure was euro 1 million at December 31, 2018.