CERTYNEX IFRS ACADEMY

Alba SA holds 15% of Brise SA. It has a director on Brise's board, enters into material transactions with Brise and provides it with essential technical information (case data). What can be said about Alba's significant influence?

These facts are indications of significant influence; the conclusion rests on all the facts and circumstances.

Significant influence is ruled out below 20% of the voting rights, whatever the links between the two companies and the facts of the case.

Significant influence is established as soon as a director sits on the board, the other facts of the case being irrelevant to the analysis.

Significant influence requires all the indications to be present; the absence of an interchange of managerial personnel rules it out.