LensCrafters 2015 Annual Report Download - page 31

Management Report as of December 31, 2015 Page 27 of 35
1 No atypical and/or unusual transactions, as defined by Consob Communication 6064293 dated July 28, 2006,
were undertaken during 2015.
1 The information required by Section 123-bis par.1 of Italian Legislative Decree 58 dated February 29, 1998, is
disclosed in the corporate governance report forming an integral part of the annual financial report.
1 The Company is not subject to direction and coordination by others, as discussed in more detail in the
corporate governance report.
1 The Company has made a national group tax election (sections 117-129 of the Italian Tax Code). Under this
election, Luxottica Group S.p.A., as the head of the tax group for the Group's principal Italian companies,
calculates a single taxable base by offsetting taxable income against tax losses reported by participating
companies in the same year.
On January 29, 2013 the Company elected to avail itself of the options provided by Article 70, Section 8, and Article 71,
Section 1-bis, of CONSOB Issuers’ Regulations and, consequently, will no longer comply with the obligation to make
available to the public an information memorandum in connection with transactions involving significant mergers,
spin-offs, increases in capital through contributions in kind, acquisitions and disposals.