Financial transparency and ESG reporting

Abstract Lights

Financial transparency

The ways films are produced have become much more diverse and even more complex with technological advances. Consequently, the structure of financing and reimbursements linked to receipts has itself become increasingly complex, if not obscure. In the end, the accounts of production companies may sometimes appear opaque. This is why we are committed to the greatest possible transparency by applying a rule of French law, if this is better than the rules of local law. The latter essentially reminds that the executive producer undertakes to establish and transmit the production account of the work including all the expenses incurred for the preparation, direction and post-production of the work, as well as the final cost and means of its financing with:

  • Other co-producers, companies with which it has concluded a financing contract

  • Publishers who are assignees of the rights of audio-visual adaptation of a printed work, provided that they have concluded a contract with such authors or publishers conferring on them a share in the income from the exploitation of the work

  • Any other natural or legal person with whom the executive producer has concluded a contract conferring a share in the income from the exploitation of the work, subject to the amortization of the production cost.

  • Performers, where there is a collective agreement or a specific agreement providing for remuneration conditional on the amortisation of the production cost of the work,

  • Beneficiaries of the profit-sharing scheme, when a profit-sharing scheme for the work's operating income is determined on the basis of the depreciation of certain elements of the cost of production

 Furthermore, we undertake to publish our co-production contracts in the registers of the countries in which they will be signed, subject to the acceptance of all co-producers.

ESG Reporting

We are committed to the highest level of transparency with regard to ESG criteria and to report annually on the following indicators (not exhaustive):

  • Carbon impact and energy consumption

  • % of women in the production process

  • Satisfaction rate of employees and subcontractors

  • Workplace accident rate

  • Amount and recipients of donations