Access America 2009 Annual Report Download - page 33

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Development prospects
In industrialised European countries where the recovery will be slow and uncertain with internal demand weakened by the rise in
unemployment, the Group will be continuing to improve its operational effi ciency by maintaining a higher quality standard of service while
continuing to explore new markets. In emerging countries, the development work on portfolios will be continued.
Major events occurring between the closure
date and the date of the consolidated accounts
There were no major event between the
closure date and the date of the consoli-
dated accounts.
1. Information on capital
In application of article L. 233-13 of the
Code de commerce (French commercial
law), we remind you that, following the
merger mentioned above with MAG SAS,
the company’s shareholders are now:
• the Dutch branch of ACIF: 50%;
• Allianz Vie: 10.1%;
• Allianz IARD: 10.1%;
• Allianz France: 29.8%.
In accordance with the provisions in
article L. 225-211 of France’s Code de
commerce, on increasing employees’
holdings in the company, we inform you
that employees hold no shares in the
Company.
2. The company’s debt position
The Company had no debt at the year-end.
3. Delegation granted
by the Extraordinary
General Meeting
The Extraordinary General Meeting did
not grant any delegation of power rela-
tive to decisions or actions to increase
the capital.
4. Signifi cant events
since the year-end
Subsequent to the absorption by MASAS
of its shareholder, it has been decided to
alter the governance of the Company and
introduce a supervisory board and an
audit committee whose members are:
• Supervisory Board:
– Christof Mascher
– François Thomazeau
– Detlev Bremkamp
– Walter Gutberlet
– Manfred Knopf
• Audit Committee:
– Christof Mascher
– François Thomazeau
– Detlev Bremkamp
• Group debt: none
• Use of fi nancial instruments: none other than the cover instrument on Allianz Group share purchase options granted
to managers by the Group
• Risks: see notes to the consolidated accounts where risk management mechanisms are
described
• Information on environment issues: not applicable
• Research and development activity: none
Other  nancial and business indicators
ANNUAL REPORT 2009 / Mondial Assistance 29