LensCrafters 2015 Annual Report Download - page 227
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Notes to the separate financial statements as of December 31, 2015 Page 47 of 77
34. INCOME AND EXPENSE FROM INVESTMENTS
"Dividend income" is analyzed as follows:
Description Dividends 2015 Dividends 2014
Luxottica Trading & Finance 57,000,000 70,000,000
Luxottica France S.A.S. 7,701,031 6,800,000
Luxottica Iberica S.A. 5,000,000 5,400,000
Luxottica Korea Ltd 3,605,628 -
Luxottica Gozluk Endustri Ve Ticaret Anonim
Sirketi 3,432,625 -
Luxottica Fashion Brillen Vertriebs Gmbh 3,000,000 4,750,000
Luxottica Hellas A.E. 2,587,601 1,939,351
Luxottica Nederland B.V. 2,200,000 1,912,500
Luxottica Retail UK 1,403,605 3,338,243
Luxottica Portugal-Comercio de Optica S.A. 1,397,060 898,071
Luxottica South Pacific Holding PTY limited 1,341,312 -
Luxottica Nordic AB 1,057,788 -
Luxottica Norge A.S. 542,035 317,411
Luxottica Finland AB 440,000 -
Luxottica Belgium N.V. 396,000 693,000
Luxottica (Switzerland) A.G. 290,023 493,462
Luxottica Vertriebsgesellschaft MBH (Austria) 260,000 450,000
Luxottica Italia S.r.l. - 7,000,000
Luxottica North Europe Ltd - 3,681,885
Luxottica Middle East FZE - 400,737
Total 91,654,708 108,074,660
Information about the impairment of investments can be found in Note 12.1 "Investments in subsidiaries".
35. FINANCE INCOME
2015 2014 Change
4,809,593 6,294,090 (1,484,497)
Description 2015
2014
Change
Income from other non-current assets 1,819,576
1,552,591
266,985
Income from other current assets 1,561,865
3,883,644
(2,321,779)
Cash pooling finance income 289,772
-
289,772
Derivatives interest income 1,098,323
812,548
285,775
Income other than above 40,057
45,307
(5,250)
Total 4,809,593
6,294,090
(1,484,497)
"Income from other non-current assets" includes Euro 1,705,149 in fee income for the guarantees given to the
subsidiary Luxottica U.S Holdings Corp. against bank loans (compared with Euro 1,504,562 at December 31, 2014).
Guarantees paid by Luxottica U.S. Holdings Corp. at December 31, 2015 also relate to the private placement of bonds.
2015 2014 Change
19,865,776 108,074,660 (88,208,884)