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Financial statements

CONSOLIDATED FINANCIAL STATEMENTS

NOTE42 ADDITIONAL INFORMATION ABOUTJOINTLY-CONTROLLEDENTITIES

Non-current liabilities (excluding shareholders’

Current Non-current Current equity and minority Revenue Costs (in million of euros) assets assets liabilities interests) for the Group for the Group

Reef Casinos 7 31 (10) 48 22 (19)

Adagio 20 11 30 1 22 (20)

Société d’Exploitation
desRésidences Hôtelières Rail 11 -7 4 41 (37)

Société Immobilière d’Exploitation Hôtelière Algérienne 6 18 5 19 10 (10)

ibis Colombie 1 5 1 5 2 (3)

The above figures correspond to Group share.

Accor has not incurred any material contingent liabilities or entered into any binding capital commitments in relation to these investments.

NOTE43 RELATED PARTYTRANSACTIONS

For the purpose of applying IAS24, the Group has identified the following related parties:

a all fully and proportionately consolidated companies and all associated companies accounted for by the equity method;

a all members of the Executive Committee and the Board of Directors and the members of their direct families;

a all companies in which a member of the Executive Committee or the Board of Directors holds material voting rights;

a companies that exercises significant influence over Accor;

a fully or proportionately consolidated companies by a company that exercise significant influence over Accor.

Fully and proportionately consolidated companies and all associated companies accounted for by the equity method.

Relationships between the parent company and its subsidiaries, joint ventures and associates are presented in note41. Transactions between the parent company and its subsidiaries

– which constitute related party transactions – are eliminated in consolidation and are therefore not disclosed in these notes. Transactions between the parent company and its joint ventures and associates were not material in 2012.

Members of the Executive Committee and the Board of Directors

Transactions with members of the Executive Committee and Board of Directors are disclosed in full in note44. Commitments towards members of the Executive Committee and the Board of Directors, and direct or indirect agreements with one or several Board members are described in the Auditors’ special report on related party agreements included in Section III of the 2012 Registration Document.

Companies in which a member of the Executive Committee or the Board of Directors holds material voting rights.

All transactions with companies in which a member of the Executive Committee or the Board of Directors holds material voting rights are conducted in the course of business on arm’s length terms and are not material.

Companies that exercises significant influence over Accor

Colony Capital and Eurazeo, acting in concert, together exercise significant influence over Accor through their shareholders’ pact (see note2.C). Transactions between the parent company and Eurazeo and Colony Capital were not material in 2011 and 2012.