CERTYNEX IFRS ACADEMY

Alba SA holds 22% of the voting power of Brise SA. Case convention: the facts clearly demonstrate that Alba has no ability to participate in Brise's financial and operating policy decisions. What is concluded about significant influence?

Significant influence is established irrebuttably from 20%: the 22% holding prevails over any demonstration to the contrary.

Significant influence is presumed absent: above 20%, the presumption works in the opposite direction from the one that applies below that percentage.

The presumption of significant influence attached to 20% or more is rebutted by this clear demonstration: Alba has no significant influence.

The conclusion depends on the percentage of voting rights taken in isolation: 22% exceeds 20%, which is enough to conclude that there is significant influence.