Half-Year Financial Report - For the Six Months Ended June 30, 2020

Chapter 2. Consolidated interim financial statements half-year ended june 30, 2020

Neutralization of the treasury shares existing on June 30, 2020

Treasury shares held at the end of the year, including those owned under the liquidity contract, are deducted from the share capital.The portfolio of treasury shares showed the following movements in the first half of 2020:


Number of shares
Treasury shares held on December 31, 2019(1) 

Treasury shares held on December 31, 2019

(1) 

Number of shares

3,480,234

Disposals (exercise of stock options) and deliveries of free shares

Disposals (exercise of stock options) and deliveries of free shares

Number of shares

(1,050,751)

Movements as part of the liquidity contract

Movements as part of the liquidity contract

Number of shares

(113,250)

Treasury shares held on June 30, 2020(1) 

Treasury shares held on June 30, 2020

(1) 

Number of shares

2,316,233

(1) Including shares held as part of the liquidity contract 283,250 on December 31, 2019 and 170,000 on June 30, 2020.

Dividends

Following the decision of the Ordinary General Shareholders’ Meeting of May 27, 2020, Publicis Groupe SA will pay a dividend of euro 1.15 per share on September 28, 2020,which may be paid in cash or in shares at the shareholder’s request no later than September 28, 2020. The issue price of the shares provided for dividend payment in shares has been set at euro 24.46 per share.

An amount of euro 273 million was recognized in debt at June 30, 2020 corresponding to the total amount of dividend payment. This amount will be adjusted in the second half of the year in accordance with the effective exercise of options for dividend payment in shares.

Note 14 Provisions for liabilities and charges

(in millions of euros) Restructuring Vacant property commitments Pensions and other long‑term benefits Risks and litigations Others provisions Total
December 31, 2019

December 31, 2019

Restructuring

35

December 31, 2019

Vacant property commitments

44

December 31, 2019

Pensions and other long‑term benefits

311

December 31, 2019

Risks and litigations

103

December 31, 2019

Others provisions

103

December 31, 2019

Total

596

Increases

Increases

Restructuring

34

Increases

Vacant property commitments

61

Increases

Pensions and other long‑term benefits

22

Increases

Risks and litigations

13

Increases

Others provisions

10

Increases

Total

140

Releases with usage

Releases with usage

Restructuring

(20)

Releases with usage

Vacant property commitments

(6)

Releases with usage

Pensions and other long‑term benefits

(17)

Releases with usage

Risks and litigations

0

Releases with usage

Others provisions

(14)

Releases with usage

Total

(57)

Other releases

Other releases

Restructuring

0

Other releases

Vacant property commitments

0

Other releases

Pensions and other long‑term benefits

0

Other releases

Risks and litigations

0

Other releases

Others provisions

0

Other releases

Total

0

Changes to consolidation scope

Changes to consolidation scope

Restructuring

0

Changes to consolidation scope

Vacant property commitments

0

Changes to consolidation scope

Pensions and other long‑term benefits

0

Changes to consolidation scope

Risks and litigations

0

Changes to consolidation scope

Others provisions

0

Changes to consolidation scope

Total

0

Actuarial losses (gains)

Actuarial losses (gains)

Restructuring

0

Actuarial losses (gains)

Vacant property commitments

0

Actuarial losses (gains)

Pensions and other long‑term benefits

24

Actuarial losses (gains)

Risks and litigations

0

Actuarial losses (gains)

Others provisions

0

Actuarial losses (gains)

Total

24

Translation adjustments and other

Translation adjustments and other

Restructuring

(1)

Translation adjustments and other

Vacant property commitments

(1)

Translation adjustments and other

Pensions and other long‑term benefits

(3)

Translation adjustments and other

Risks and litigations

(1)

Translation adjustments and other

Others provisions

(3)

Translation adjustments and other

Total

(9)

June 30, 2020

June 30, 2020

Restructuring

48

June 30, 2020

Vacant property commitments

98

June 30, 2020

Pensions and other long‑term benefits

337

June 30, 2020

Risks and litigations

115

June 30, 2020

Others provisions

96

June 30, 2020

Total

694

Of which short‑term

Of which short‑term

Restructuring

44

Of which short‑term

Vacant property commitments

25

Of which short‑term

Pensions and other long‑term benefits

26

Of which short‑term

Risks and litigations

55

Of which short‑term

Others provisions

27

Of which short‑term

Total

177

Of which long‑term

Of which long‑term

Restructuring

4

Of which long‑term

Vacant property commitments

73

Of which long‑term

Pensions and other long‑term benefits

311

Of which long‑term

Risks and litigations

60

Of which long‑term

Others provisions

69

Of which long‑term

Total

517

(1) See Note 5.