Holinger AG / Holinger Group Facts and Figures Holinger SA / Groupe Holinger Faits et chiffres 2011

Size: px
Start display at page:

Download "Holinger AG / Holinger Group Facts and Figures 2011. Holinger SA / Groupe Holinger Faits et chiffres 2011"

Transcription

1 / Facts and Figures 211 / Groupe Holinger Faits et chiffres 211 A B C D E F G Progress of shareholders equity and share value Evolution des fonds propres et de la valeur de l action Financial statement Chiffres de référence : bilan Key figures Chiffres clés Balance sheet Assets Bilan Actifs Balance sheet Liabilities Bilan Passifs Profit and loss account Compte de résultats Five year comparison Comparaison sur cinq ans Own services per specialist division Contribution propre par secteur d activité Own services per countries (abroad) Contribution propre par pays (étranger) Employee figures Chiffres de référence : collaborateurs

2 Progress of shareholders equity and share value HOLINGER SA Evolution des fonds propres et de la valeur de l action Total assets Total assets 8 8 Share value/valeur de l action [CHF] Shareholders equity/fonds propres * Dividend Dividende Statutory reserves Réserves légales Net profit Bénéfice Share capital Capital-actions Profit brought forward Report bénéficiaire Share value Valeur de l action *Value with proposed dividend *Données avec remboursment du capital proposé The proposed dividend of CHF 4./.4 per share corresponds to a gross yield of 9.2 %. The share price after dividend payout is CHF 43.4/CHF Le dividende proposé de 4, CHF ou de,4 CHF par action selon sa valeur nominale correspond à un rendement brut de 9,2%. La valeur de l action après le versement du dividende s élève à 43,4 CHF ou respectivement à 4,34 CHF. A

3 Financial statement 211 Bilanz-Kennzahlen 211 Chiffres de référence : bilan groupe holinger Total assets Total du bilan Current assets Actifs circulants groupe holinger Investments Investissements Capital stock Fonds étrangers Equity capital Fonds propres [Mio. CHF] Key figures 211 Chiffres clés 211 Groupe holinger Number of employees Effectif du personnel Business volume Chiffre d affaires Own services (net income minus direct expenses) Contribution propre Cash Flow Cash Flow Incoming orders Entrées de commandes Order balance Réserve de commandes [Mio. CHF] Change from previous year Différence par rapport à l année précédente [Mio. CHF] Change from previous year Différence par rapport à l année précédente % % % % % % % % % % Annual Report Facts and Figures Rapport annuel Faits et Chiffres HOLINGER 211 B

4 Balance sheet 211 Assets Bilan 211 Actifs Groupe Holinger Current assets Actifs circulants Non-current assets Actifs immobilisés Total asset Total des actifs Balance sheet 211 Liabilities Bilan 211 Passifs Holinger Sa Groupe Holinger Short-term liabilities Fonds étrangers courants Long-term liabilities Fonds étrangers non courants Liabilities Fonds étrangers Share capital Capital-actions Statutory reserves Réserves légales Retained earnings Bénéfice du bilan Shareholders equity Fonds propres Total liabilities and shareholders equity Total des passifs C

5 Profit and loss account 211 Compte de résultats 211 Groupe Holinger Operating income Produit brut Net income Produits nets Own services (net income minus direct expenses) Contribution propre Personnel costs Charges salariales Operating costs Autres charges d exploitation Cash Flow Cash Flow Profit for the year Bénéfice de l exercice The rounded figures are an excerpt from the annual accounts 211 of HOLINGER which was audited and approved unconditionally by the auditors of BDO, Liestal, in their report of February 21, 212. Les chiffres arrondis sont extraits du bilan annuel 211 de la société HOLINGER SA, qui a été contrôlé et validé sans réserve par BDO (Liestal) lors de l audit du 21 février 212. Annual Report Facts and Figures Rapport annuel Faits et Chiffres HOLINGER 211 D

6 Five year comparison Comparaison sur cinq ans groupe holinger 35 Total revenue Chiffres d affaires globaux 35 Own services (net income minus direct expenses) Contribution propre groupe holinger Incoming orders (own services) Entrées de commandes (contribution propre) 35 Order balance (own services) Réserve de commandes (contribution propre) E HOLINGER Group figures are not available before 21. Les chiffres du groupe HOLINGER ne sont pas disponibles avant 21.

7 Own services per specialist division 211 (Switzerland) Contribution propre par secteur d activité 211 (Suisse) Hydraulic Engineering 12 % Aménagements hydrauliques 12 % Water Supply 11% Approvisionnement en eau 11% Environmental Sector 9% Environnement 9% Wastewater Treatment Technology 3% Traitement des eaux usées 3% Structural and Civil Engineering 12% Génie civil 12% Renewable Energies 4% Energies renouvelables 4% Urban Drainage and Sewerage 18% Assainissement 18% Geology/Hydrogeology 3% Géologie/Hydrogéologie 3% Industrial Environmental Technology 1% Technique industrielle 1% Own services per countries 211 (abroad) HOLINGER SA Contribution propre par pays 211 (étranger) North America 6% Amérique du Nord 6% Bosnia Herzegovina 3% Bosnie-Herzégovine 3% Mazedonia 6% Macédoine 6% China 16% Chine 16% Luxembourg 32% Luxembourg 32% Germany 15% Allemagne 15% Kosovo 2% Kosovo 2% France 7% France 7% Kyrgyz Republic 9% Kirghizistan 9% Georgien 4% Géorgie 4% Annual Report Facts and Figures Rapport annuel Faits et Chiffres HOLINGER 211 F

8 Employee figures 211 HOLINGER SA Chiffres de référence : collaborateurs Number of employees Effectif du personnel Female employees Nombre de collaboratrices University degrees (BSc, MSc, PhD) Ecoles universitaires / hautes écoles spécialisées Certified engineers and technicians (Construction managers, construction engineers) Ecoles techniques Employees with professional education (Construction supervisors, designer, plant-operators) Chefs de chantier, constructeurs, dessinateurs Administration, IT staff Personnel administratif / IT Apprentices Apprentis Fluctuation of employees [%] Fluctuation du personnel [%] Training days per employee (incl. in-firm training of apprentices) Journées de formation (y compris formation interne des apprentis) Average absence due to illness per employee [hours] Temps d absence moyen par employé pour cause de maladie [heures] Average absence due to accident per employee [hours] Temps d absence moyen par employé dû aux accidents [heures] Average years with the firm [years] Ancienneté moyenne [années] G

Correspondance des termes comptables et financiers. Français-Anglais. Action on Line S.A. Copyright Tous droits réservés. Page 1

Correspondance des termes comptables et financiers. Français-Anglais. Action on Line S.A. Copyright Tous droits réservés. Page 1 Correspondance des termes comptables et financiers Français-Anglais Page 1 TERMES FRANCAIS EQUIVALENT ANGLAIS Achats Purchases Actifs Assets Actif circulant Current assets (sometimes known as Circulated

More information

CORPORATION MINIÈRE AFCAN

CORPORATION MINIÈRE AFCAN 2000 CORPORATION MINIÈRE AFCAN Rapport intérimaire Interim Report 29 février 2000 February 29, 2000 Bilan Balance sheet Au 29 février As at February 29 Actif Actif à court terme Assets Current assets 47,775

More information

SUPPLEMENT N 4 DATED 12 May 2014 TO THE BASE PROSPECTUS DATED 22 NOVEMBER 2013. BPCE Euro 40,000,000,000 Euro Medium Term Note Programme

SUPPLEMENT N 4 DATED 12 May 2014 TO THE BASE PROSPECTUS DATED 22 NOVEMBER 2013. BPCE Euro 40,000,000,000 Euro Medium Term Note Programme SUPPLEMENT N 4 DATED 12 May 2014 TO THE BASE PROSPECTUS DATED 22 NOVEMBER 2013 BPCE Euro 40,000,000,000 Euro Medium Term Note Programme BPCE (the Issuer ) may, subject to compliance with all relevant laws,

More information

Third Supplement dated 8 September 2015 to the Euro Medium Term Note Programme Base Prospectus dated 12 December 2014

Third Supplement dated 8 September 2015 to the Euro Medium Term Note Programme Base Prospectus dated 12 December 2014 Third Supplement dated 8 September 2015 to the Euro Medium Term Note Programme Base Prospectus dated 12 December 2014 HSBC France 20,000,000,000 Euro Medium Term Note Programme This third supplement (the

More information

RAPPORT FINANCIER ANNUEL PORTANT SUR LES COMPTES 2014

RAPPORT FINANCIER ANNUEL PORTANT SUR LES COMPTES 2014 RAPPORT FINANCIER ANNUEL PORTANT SUR LES COMPTES 2014 En application de la loi du Luxembourg du 11 janvier 2008 relative aux obligations de transparence sur les émetteurs de valeurs mobilières. CREDIT

More information

Avis de dividende. JPMorgan Funds. Rendement annualisé du dividende** Rendement du dividende* Taux du dividende. Nom de la Classe d Actions

Avis de dividende. JPMorgan Funds. Rendement annualisé du dividende** Rendement du dividende* Taux du dividende. Nom de la Classe d Actions Avis de dividende Nous vous informons par la présente que si vous étiez actionnaire dans l'une des Classes d'actions reprises cidessous le 15/09/2015, un dividende intermédiaire déclaré pour cette Classe

More information

BNP Paribas Arbitrage Issuance B.V. (incorporated in The Netherlands) (as Issuer) BNP Paribas (incorporated in France) (as Issuer and Guarantor)

BNP Paribas Arbitrage Issuance B.V. (incorporated in The Netherlands) (as Issuer) BNP Paribas (incorporated in France) (as Issuer and Guarantor) Third Supplement dated 8 October 2015 to the Note, Warrant and Certificate Programme Base Prospectus dated 9 June 2015 BNP Paribas Arbitrage Issuance B.V. (incorporated in The Netherlands) (as Issuer)

More information

FIRST SUPPLEMENT DATED 19 AUGUST 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 29 APRIL 2016

FIRST SUPPLEMENT DATED 19 AUGUST 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 29 APRIL 2016 FIRST SUPPLEMENT DATED 19 AUGUST 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 29 APRIL 2016 TOTAL S.A., TOTAL CAPITAL, TOTAL CAPITAL CANADA LTD. and TOTAL CAPITAL INTERNATIONAL 35,000,000,000 (increased

More information

ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION

ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION OCTOBER 2006 Table of Contents 1. INTRODUCTION... 3 2. FINANCIAL RATIOS FOR COMPANIES (INDUSTRY - COMMERCE - SERVICES) 4 2.1 Profitability Ratios...4 2.2 Viability

More information

Disclaimer All forward-looking statements are TF1 management s present expectations of future events and are subject to a

Disclaimer All forward-looking statements are TF1 management s present expectations of future events and are subject to a 1 Disclaimer All forward-looking statements are TF1 management s present expectations of future events and are subject to a number of factors and uncertainties that could cause actual results to differ

More information

Chapter 3. Learning Objectives Principles Used in This Chapter 1. An Overview of the Firm s Financial Statements

Chapter 3. Learning Objectives Principles Used in This Chapter 1. An Overview of the Firm s Financial Statements Chapter 3 Understanding Financial Statements, Taxes, and Cash Flows Agenda Learning Objectives Principles Used in This Chapter 1. An Overview of the Firm s Financial Statements 2. The Income Statement

More information

EDITION 2015 TREND REPORT MARCHÉ CIBLE PARIS

EDITION 2015 TREND REPORT MARCHÉ CIBLE PARIS EDITION 15 TREND REPORT MARCHÉ CIBLE PARIS Février 15 5, rue Dombasle - 7515 Paris - Tél. : 1 56 56 87 87 Fax : 1 56 56 87 88 - www.mkg-hospitality.com Completed in April 15 HOTEL SUPPLY / OFFRE HÔTELIERE

More information

2015 Annual Results. Mr. Christian Mulliez. February 12 th, Chief Financial Officer

2015 Annual Results. Mr. Christian Mulliez. February 12 th, Chief Financial Officer 2015 Annual Results February 12 th, 2016 Mr. Christian Mulliez Chief Financial Officer 2015 consolidated group sales Consolidated sales at the end of December 22.53Bn 25.26Bn Growth at constant exchange

More information

Net income - Preferred dividends Average number of common shares outstanding $92,400 - $4,400 = = $1.10 per share 80,000 shares. Earnings per share =

Net income - Preferred dividends Average number of common shares outstanding $92,400 - $4,400 = = $1.10 per share 80,000 shares. Earnings per share = The Foundational 15 1. The earnings per share is computed as follows: Earnings per share = Net income - Preferred dividends Average number of common shares outstanding $92,400 - $4,400 = = $1.10 per share

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Independent Auditors Review Report

Independent Auditors Review Report Independent Auditors Review Report The Board of Directors Acer Incorporated: We have reviewed the accompanying consolidated balance sheets of Acer Incorporated (the Company ) and subsidiaries as of March

More information

GENERAL MEETING. Mr Christian Mulliez. April 20 th, Chief Financial Officer

GENERAL MEETING. Mr Christian Mulliez. April 20 th, Chief Financial Officer GENERAL MEETING April 20 th, 2016 Mr Christian Mulliez Chief Financial Officer 2015 consolidated group sales (in million euros) 22 532 25 257 Growth at constant exchange rate +4.9% Of which: like-for-like

More information

TREATIES AND OTHER INTERNATIONAL ACTS SERIES 12859. Agreement Between the UNITED STATES OF AMERICA and CONGO

TREATIES AND OTHER INTERNATIONAL ACTS SERIES 12859. Agreement Between the UNITED STATES OF AMERICA and CONGO 1 TREATIES AND OTHER INTERNATIONAL ACTS SERIES 12859 EMPLOYMENT Agreement Between the UNITED STATES OF AMERICA and CONGO Effected by Exchange of Notes Dated at Washington April 11 and May 23, 1997 2 NOTE

More information

Guidance on Extended Producer Responsibility (EPR) Analysis of EPR schemes in the EU and development of guiding principles for their functioning

Guidance on Extended Producer Responsibility (EPR) Analysis of EPR schemes in the EU and development of guiding principles for their functioning (EPR) Analysis of in the EU and development of guiding principles for their functioning In association with: ACR+ SITA LUNCH DEBATE 25 September 2014 Content 1. Objectives and 2. General overview of in

More information

Roche Capital Market Ltd Interim Financial Statements 2014

Roche Capital Market Ltd Interim Financial Statements 2014 Roche Capital Market Ltd Interim Financial Statements 2014 Roche Capital Market Ltd Interim Financial Statements The Interim Financial Statements have been reviewed by Roche Capital Market Ltd s auditor

More information

2016 HALF-YEAR RESULTS

2016 HALF-YEAR RESULTS 2016 HALF-YEAR RESULTS July 29 th, 2016 Mr Christian Mulliez Chief Financial Officer Consolidated group sales at the end of June 2016 (in million euros) 12.82Bn 12.89Bn Growth at constant exchange rates

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

REGULATIONS AMENDING CERTAIN REGULATIONS RELATING TO PENSIONS PENSION BENEFITS STANDARDS ACT, 1985

REGULATIONS AMENDING CERTAIN REGULATIONS RELATING TO PENSIONS PENSION BENEFITS STANDARDS ACT, 1985 REGULATIONS AMENDING CERTAIN REGULATIONS RELATING TO PENSIONS PENSION BENEFITS STANDARDS ACT, 1985 PENSION BENEFITS STANDARDS REGULATIONS, 1985 1. (1) The definitions mutual fund or pooled fund and simplified

More information

Measuring Policing Complexity: A Research Based Agenda

Measuring Policing Complexity: A Research Based Agenda ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

CHAPTER 3 LONG-TERM FINANCIAL PLANNING AND GROWTH

CHAPTER 3 LONG-TERM FINANCIAL PLANNING AND GROWTH CHAPTER 3 LONG-TERM FINANCIAL PLANNING AND GROWTH Answers to Concepts Review and Critical Thinking Questions 5. The sustainable growth rate is greater than 20 percent, because at a 20 percent growth rate

More information

RECEIVED AUG 2 7 2014

RECEIVED AUG 2 7 2014 RECEIVED AUG 2 7 2014 FEDERATION OF CANADIAN ARCHERS INC. FINANCIAL STATEMENTS ETATS FINANCIERS MARCH 31, 2014 CONTENTS INDEPENDENT AUDITORS' REPORT FINANCIAL STATEMENTS STATEMENT OF FINANCIAL POSITION

More information

Income Measurement and Profitability Analysis

Income Measurement and Profitability Analysis PROFITABILITY ANALYSIS The following financial statements for Spencer Company will be used to demonstrate the calculation of the various ratios in profitability analysis. Spencer Company Comparative Balance

More information

MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2011/12 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2011/12

MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2011/12 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2011/12 MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2011/12 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2011/12 Board of Directors Conseil d administration Hugh Eliasson

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Accounting Notes. Amount of change (in dollars) Income Statement

Accounting Notes. Amount of change (in dollars) Income Statement Accounting Notes Financial Statement Analysis: Horizontal Analysis - This type of analysis studies the changes in the items on the financial statement, in both dollar amount and as percentages, for successive

More information

Chapter 17: Financial Statement Analysis

Chapter 17: Financial Statement Analysis FIN 301 Class Notes Chapter 17: Financial Statement Analysis INTRODUCTION Financial ratio: is a relationship between different accounting items that tells something about the firm s activities. Purpose

More information

direction participative / gestion participative / gestion participative par objectifs / «management» participatif

direction participative / gestion participative / gestion participative par objectifs / «management» participatif DÉFINITIONS TITRE CHAPITRE DU MANAGEMENT EN FRANÇAIS Titre Management chapitre en definitions anglais conduite / direction / gestion / management / organisation management Management is the process of

More information

Problem(s) Problem 1: Lowe s Companies

Problem(s) Problem 1: Lowe s Companies Problem(s) Problem 1: Lowe s Companies On the pages following the questions below, we provide the Financial Statements for Lowe s Companies, for the period ended January 31, 2003. Using this information,

More information

MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2012/13 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2012/13

MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2012/13 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2012/13 MANITOBA TRADE AND INVESTMENT CORPORATION ANNUAL REPORT 2012/13 SOCIÉTÉ DU COMMERCE ET DE L'INVESTISSEMENT DU MANITOBA RAPPORT ANNUEL 2012/13 Board of Directors Conseil d administration Hugh Eliasson Chair

More information

DHI a.s. Na Vrsich 51490/5, 100 00, Prague 10, Czech Republic ( t.metelka@dhi.cz, z.svitak@dhi.cz )

DHI a.s. Na Vrsich 51490/5, 100 00, Prague 10, Czech Republic ( t.metelka@dhi.cz, z.svitak@dhi.cz ) NOVATECH Rehabilitation strategies in wastewater networks as combination of operational, property and model information Stratégies de réhabilitation des réseaux d'égouts combinant des données d exploitation,

More information

SECOND SUPPLEMENT DATED 10 NOVEMBER 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 29 APRIL 2016

SECOND SUPPLEMENT DATED 10 NOVEMBER 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 29 APRIL 2016 SECOND SUPPLEMENT DATED 10 NOVEMBER 2016 TO THE DEBT ISSUANCE PROGRAMME PROSPECTUS DATED 29 APRIL 2016 TOTAL S.A., TOTAL CAPITAL, TOTAL CAPITAL CANADA LTD. and TOTAL CAPITAL INTERNATIONAL 35,000,000,000

More information

FINANCIAL ACCOUNTING QUIZ #1 SUMMER There are 50 points on this quiz. SHOW and LABEL your work to receive full and/or partial credit.

FINANCIAL ACCOUNTING QUIZ #1 SUMMER There are 50 points on this quiz. SHOW and LABEL your work to receive full and/or partial credit. FINANCIAL ACCOUNTING QUIZ #1 SUMMER 2001 NAME There are 50 points on this quiz. SHOW and LABEL your work to receive full and/or partial credit. I. 10 points - Multiple Choice. CIRCLE the letter with the

More information

International merchandise trade Commerce international

International merchandise trade Commerce international Argentina Argentine Imports: Volume 230 214 220 194 245 215 187 202 208 179 175... Importations : volume Imports: Unit Value 127 125 131 132 130 129 132 135 130 130 119 122 Importations : valeur unitaire

More information

BILL C-665 PROJET DE LOI C-665 C-665 C-665 HOUSE OF COMMONS OF CANADA CHAMBRE DES COMMUNES DU CANADA

BILL C-665 PROJET DE LOI C-665 C-665 C-665 HOUSE OF COMMONS OF CANADA CHAMBRE DES COMMUNES DU CANADA C-665 C-665 Second Session, Forty-first Parliament, Deuxième session, quarante et unième législature, HOUSE OF COMMONS OF CANADA CHAMBRE DES COMMUNES DU CANADA BILL C-665 PROJET DE LOI C-665 An Act to

More information

FULL-YEAR RESULTS RÉSULTATS ANNUELS. Presentation Financial statements for. Présentation des. Bouygues and its subsidiaries.

FULL-YEAR RESULTS RÉSULTATS ANNUELS. Presentation Financial statements for. Présentation des. Bouygues and its subsidiaries. BOUYGUES CONSTRUCTION BOUYGUES IMMOBILIER COLAS TF1 BOUYGUES TELECOM Présentation des FULL-YEAR RESULTS RÉSULTATS ANNUELS Presentation Financial statements for Bouygues and its subsidiaries 2012 2012 Diapositives

More information

Sun Management Center Change Manager 1.0.1 Release Notes

Sun Management Center Change Manager 1.0.1 Release Notes Sun Management Center Change Manager 1.0.1 Release Notes Sun Microsystems, Inc. 4150 Network Circle Santa Clara, CA 95054 U.S.A. Part No: 817 0891 10 May 2003 Copyright 2003 Sun Microsystems, Inc. 4150

More information

SOCIÉTÉ GÉNÉRALE SCF 15,000,000,000 EURO MEDIUM TERM NOTE PROGRAMME for the issue of Obligations Foncières

SOCIÉTÉ GÉNÉRALE SCF 15,000,000,000 EURO MEDIUM TERM NOTE PROGRAMME for the issue of Obligations Foncières THIRD SUPPLEMENT DATED 10 APRIL 2014 TO THE BASE PROSPECTUS DATED 29 MAY 2013 SOCIÉTÉ GÉNÉRALE SCF 15,000,000,000 EURO MEDIUM TERM NOTE PROGRAMME for the issue of Obligations Foncières This third supplement

More information

Consolidated balance sheet

Consolidated balance sheet 83 Consolidated balance sheet December 31 Non-current assets Goodwill 14 675.1 978.4 Other intangible assets 14 317.4 303.8 Property, plant, and equipment 15 530.7 492.0 Investment in associates 16 2.5

More information

Consolidated Financial Statements

Consolidated Financial Statements Consolidated Financial Statements (1) Consolidated Balance Sheets As of February 28, 2014 As of February 28, 2015 Assets Current assets Cash and deposits 3,237,043 3,557,053 Notes and accounts receivable-trade

More information

UNIVERSAL OUTDOOR MEDIA GROUP PLC SEMI- ANNUAL ACCOUNTS STATEMENT AND MANAGEMENT REPORT (Unaudited) 31 DECEMBER 2014

UNIVERSAL OUTDOOR MEDIA GROUP PLC SEMI- ANNUAL ACCOUNTS STATEMENT AND MANAGEMENT REPORT (Unaudited) 31 DECEMBER 2014 UNIVERSAL OUTDOOR MEDIA GROUP PLC SEMI- ANNUAL ACCOUNTS STATEMENT AND MANAGEMENT REPORT (Unaudited) INTERIM MANAGEMENT REPORT Chairman Statement Your Board announces the Group s unaudited interim results

More information

Asset management in urban drainage

Asset management in urban drainage Asset management in urban drainage Gestion patrimoniale de systèmes d assainissement Elkjaer J., Johansen N. B., Jacobsen P. Copenhagen Energy, Sewerage Division Orestads Boulevard 35, 2300 Copenhagen

More information

Financial Statements Tutorial

Financial Statements Tutorial Financial Statement Review: Financial Statements Tutorial There are four major financial statements used to communicate information to external users (creditors, investors, suppliers, etc.) - 1. Balance

More information

Guidance on Accounting Elements

Guidance on Accounting Elements Guidance on Accounting Elements OCR GCE in Business Studies August 2012 The following guidance has been prepared in order to assist centres in the preparation of their candidates for the accounting elements

More information

Insurance Agents Statistics 2013

Insurance Agents Statistics 2013 Insurance Agents Statistics 1. Gross premiums placed % Insurance 14 Reinsurance - 100.0 14 Insurance - Reinsurance - - - 14 100.0 % Insurance 48,699 Risks situated in Malta Reinsurance 34 98.3 48,733 Insurance

More information

NOTES POUR L ALLOCUTION DE M

NOTES POUR L ALLOCUTION DE M NOTES POUR L ALLOCUTION DE M. RÉJEAN ROBITAILLE, PRÉSIDENT ET CHEF DE LA DIRECTION, À LA CONFÉRENCE DES SERVICES FINANCIERS CANADIENS LE 31 MARS 2009, À 11H AU CENTRE MONT-ROYAL, À MONTRÉAL Mise en garde

More information

THIS REPORT HAS BEEN TRANSLATED FROM THE GREEK ORIGINAL VERSION

THIS REPORT HAS BEEN TRANSLATED FROM THE GREEK ORIGINAL VERSION ERNST & YOUNG (HELLAS) Certified Auditors Accountants S.A. 8B Chimarras, 151 25, Maroussi, Athens, Greece Tel: +30 210.2886.000 Fax: +30 210.2886.905 www.ey.com THIS REPORT HAS BEEN TRANSLATED FROM THE

More information

Introduction. GEAL Bibliothèque Java pour écrire des algorithmes évolutionnaires. Objectifs. Simplicité Evolution et coévolution Parallélisme

Introduction. GEAL Bibliothèque Java pour écrire des algorithmes évolutionnaires. Objectifs. Simplicité Evolution et coévolution Parallélisme GEAL 1.2 Generic Evolutionary Algorithm Library http://dpt-info.u-strasbg.fr/~blansche/fr/geal.html 1 /38 Introduction GEAL Bibliothèque Java pour écrire des algorithmes évolutionnaires Objectifs Généricité

More information

Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used:

Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used: Financial Ratios Financial ratios are useful indicators of a firm's performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios

More information

Financial ratios and related tools

Financial ratios and related tools Financial ratios and related tools Michel Blanchette, 2012 This document is adapted from two articles written by Michel Blanchette and published in 2011 in the newsletterto Your Credit edited by Credit

More information

ULYSSES L.T. FUNDS EUROPEAN GENERAL. L.T. Funds European General: Share Price Evolution INVESTMENT STRATEGY AUGUST 2015 COMMENT

ULYSSES L.T. FUNDS EUROPEAN GENERAL. L.T. Funds European General: Share Price Evolution INVESTMENT STRATEGY AUGUST 2015 COMMENT ULYSSES L.T. FUNDS EUROPEAN GENERAL L.T. Funds European General: Share Price Evolution Mid-Caps 28% Breakdown by Market Capitalisation Small Caps Cash 5% 0% Large caps 67% 124 Breakdown by Risk Profile

More information

Interim results of the Swiss National Bank as at 30 September 2016

Interim results of the Swiss National Bank as at 30 September 2016 Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 communications@snb.ch Zurich, 31 October 2016 Interim results of the Swiss National Bank as at 30 September 2016 The Swiss National Bank

More information

HOME PRODUCT CENTER PUBLIC COMPANY LIMITED BALANCE SHEETS AS AT DECEMBER 31, 2003 AND 2002

HOME PRODUCT CENTER PUBLIC COMPANY LIMITED BALANCE SHEETS AS AT DECEMBER 31, 2003 AND 2002 BALANCE SHEETS AS AT DECEMBER 31, 2003 AND 2002 Assets Note 2003 Baht 2002 Current assets Cash and cash equivalents 2 36,291,871.62 84,051,092.97 Accounts receivable - net 3 121,235,696.40 140,699,262.83

More information

Account Manager H/F - CDI - France

Account Manager H/F - CDI - France Account Manager H/F - CDI - France La société Fondée en 2007, Dolead est un acteur majeur et innovant dans l univers de la publicité sur Internet. En 2013, Dolead a réalisé un chiffre d affaires de près

More information

ACTELION LTD AND SUBSIDIARIES CONSOLIDATED US GAAP FINANCIAL STATEMENTS FOR DECEMBER 31, Contents:

ACTELION LTD AND SUBSIDIARIES CONSOLIDATED US GAAP FINANCIAL STATEMENTS FOR DECEMBER 31, Contents: CONSOLIDATED US GAAP FINANCIAL STATEMENTS FOR DECEMBER 31, 2016 Contents: CONSOLIDATED INCOME STATEMENTS CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS

More information

Office of the Auditor General / Bureau du vérificateur général FOLLOW-UP TO THE 2007 AUDIT OF THE DISPOSAL OF PAVEMENT LINE MARKER EQUIPMENT 2009

Office of the Auditor General / Bureau du vérificateur général FOLLOW-UP TO THE 2007 AUDIT OF THE DISPOSAL OF PAVEMENT LINE MARKER EQUIPMENT 2009 Office of the Auditor General / Bureau du vérificateur général FOLLOW-UP TO THE 2007 AUDIT OF THE DISPOSAL OF PAVEMENT LINE MARKER EQUIPMENT 2009 SUIVI DE LA VÉRIFICATION DE L ALIÉNATION D UNE TRACEUSE

More information

No of EU lawyers registered under their home-country professional title (Art. 2 of Directive 98/5/EC) and their origins

No of EU lawyers registered under their home-country professional title (Art. 2 of Directive 98/5/EC) and their origins Austria 31/12/2013 5.805 (without EU s that have gained admission to profession of in host Member State under Article 10 of Directive 98/5) 1.143 (without EU s that have gained admission to profession

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Introduction Intelligent Energy

Introduction Intelligent Energy Introduction Intelligent Energy Henri Winand Chief Executive 19 Décembre 2011 2011 Intelligent Energy Limited The information in this document is the property of Intelligent Energy Limited and may not

More information

Chapter. How Well Am I Doing? Financial Statement Analysis

Chapter. How Well Am I Doing? Financial Statement Analysis Chapter 17 How Well Am I Doing? Financial Statement Analysis 17-2 LEARNING OBJECTIVES After studying this chapter, you should be able to: 1. Explain the need for and limitations of financial statement

More information

GSAC CONSIGNE DE NAVIGABILITE définie par la DIRECTION GENERALE DE L AVIATION CIVILE Les examens ou modifications décrits ci-dessous sont impératifs. La non application des exigences contenues dans cette

More information

Enterprise Informa/on Modeling: An Integrated Way to Track and Measure Asset Performance

Enterprise Informa/on Modeling: An Integrated Way to Track and Measure Asset Performance Enterprise Informa/on Modeling: An Integrated Way to Track and Measure Asset Performance This session will provide a0endees with insight on how to track and measure the performance of their assets from

More information

Audit de sécurité avec Backtrack 5

Audit de sécurité avec Backtrack 5 Audit de sécurité avec Backtrack 5 DUMITRESCU Andrei EL RAOUSTI Habib Université de Versailles Saint-Quentin-En-Yvelines 24-05-2012 UVSQ - Audit de sécurité avec Backtrack 5 DUMITRESCU Andrei EL RAOUSTI

More information

Arte Bunkering OÜ Annual Report 2014

Arte Bunkering OÜ Annual Report 2014 ANNUAL REPORT 2014 Contents Management report 3 Annual accounts 4 Balance sheet 4 Income statement 5 Cash flow statement 6 Statement of changes in owner s equity 7 Notes to annual accounts 8 Note 1. Accounting

More information

2009 Full-Year Results. March 10, 2010

2009 Full-Year Results. March 10, 2010 1 2009 Good resilience despite an exceptional environment 2 3 A historically difficult environment in 2009 GDP growth by region Source : FMI Collapse in the rate of GDP growth in 2009 Decline particularly

More information

Roche Capital Market Ltd Interim Financial Statements 2011

Roche Capital Market Ltd Interim Financial Statements 2011 Roche Capital Market Ltd Interim Financial Statements 2011 R Roche Capital Market Ltd, Interim Financial Statements Reference numbers indicate the corresponding Notes to the Interim Financial Statements.

More information

Financial Statements of Sulzer Ltd. Balance sheet of Sulzer Ltd 151. Income statement of Sulzer Ltd 152. Statement of changes in equity

Financial Statements of Sulzer Ltd. Balance sheet of Sulzer Ltd 151. Income statement of Sulzer Ltd 152. Statement of changes in equity 150 Financial Statements of Sulzer Ltd Balance sheet of Sulzer Ltd 151 Income statement of Sulzer Ltd 152 Statement of changes in equity of Sulzer Ltd 152 Notes to the financial statements of Sulzer Ltd

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Japan Airlines Corporation. Comparative Non-Consolidated Balance Sheets

Japan Airlines Corporation. Comparative Non-Consolidated Balance Sheets Comparative Non-Consolidated Balance Sheets March 31, 2007 and 2008 2007 2008 Change Assets I. Current assets: Cash and time deposits 8,960 166,450 157,489 Accounts receivable trade 2,488 2,365 (122) Short-term

More information

Consolidated Balance Sheets

Consolidated Balance Sheets Consolidated Balance Sheets March 31 2015 2014 2015 Assets: Current assets Cash and cash equivalents 726,888 604,571 $ 6,057,400 Marketable securities 19,033 16,635 158,608 Notes and accounts receivable:

More information

Interim results of the Swiss National Bank as at 30 June 2015

Interim results of the Swiss National Bank as at 30 June 2015 Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 communications@snb.ch Zurich, 31 July 2015 Interim results of the Swiss National Bank as at 30 June 2015 The Swiss National Bank (SNB)

More information

ACER INCORPORATED AND SUBSIDIARIES. Consolidated Balance Sheets

ACER INCORPORATED AND SUBSIDIARIES. Consolidated Balance Sheets Consolidated Balance Sheets March 31, 2015, December 31, 2014, and March 31, 2014 (March 31, 2015 and 2014 are reviewed, not audited) Assets 2015.3.31 2014.12.31 2014.3.31 Current assets: Cash and cash

More information

Audit Report of Independent Certified Public Accountants

Audit Report of Independent Certified Public Accountants Audit Report of Independent Certified Public Accountants The Board of Directors Acer Incorporated: We have audited the non-consolidated balance sheets of Acer Incorporated (the Company ) as of June 30,

More information

Forms of practice stipulated in clause 14 of the Architecture Act 1977 that authorizes the architect use of title and to practice

Forms of practice stipulated in clause 14 of the Architecture Act 1977 that authorizes the architect use of title and to practice Forms of practice stipulated in clause 14 of the Architecture Act 1977 that authorizes the architect use of title and to practice Title when applying for registration when you change your form of practice

More information

Table of contents. 2 SIX Group Interim Report Key figures. 5 Group balance sheet. 7 Group income statement. 8 Group equity statement

Table of contents. 2 SIX Group Interim Report Key figures. 5 Group balance sheet. 7 Group income statement. 8 Group equity statement Interim Report 2011 2 SIX Group Interim Report 2011 Table of contents 4 Key figures 5 Group balance sheet 7 Group income statement 8 Group equity statement Cover picture: Camenzind Evolution Ltd., Zurich

More information

ACER INCORPORATED AND SUBSIDIARIES. Consolidated Balance Sheets

ACER INCORPORATED AND SUBSIDIARIES. Consolidated Balance Sheets Consolidated Balance Sheets June 30, 2015, December 31, 2014, and (June 30, 2015 and 2014 are reviewed, not audited) Assets 2015.6.30 2014.12.31 2014.6.30 Current assets: Cash and cash equivalents $ 36,400,657

More information

2 RENSEIGNEMENTS CONCERNANT L ASSURÉ SI CELUI-CI N EST PAS LE REQUÉRANT INFORMATION CONCERNING THE INSURED PERSON IF OTHER THAN THE APPLICANT

2 RENSEIGNEMENTS CONCERNANT L ASSURÉ SI CELUI-CI N EST PAS LE REQUÉRANT INFORMATION CONCERNING THE INSURED PERSON IF OTHER THAN THE APPLICANT SÉCURITÉ SOCIALE SOCIAL SECURITY ACCORD DU 9 FÉVRIER 1979 ENTRE LA FRANCE ET LE CANADA AGREEMENT OF FEBRUARY 9, 1979 BETWEEN FRANCE AND CANADA Formulaire FORM SE 401-06 INSTRUCTION D UNE DEMANDE DE PENSION

More information

International Diversification and Exchange Rates Risk. Summary

International Diversification and Exchange Rates Risk. Summary International Diversification and Exchange Rates Risk Y. K. Ip School of Accounting and Finance, University College of Southern Queensland, Toowoomba, Queensland 4350, Australia Summary The benefits arisen

More information

Banking accounts volatility induced by IAS 39: A simulation model applied to the French case

Banking accounts volatility induced by IAS 39: A simulation model applied to the French case Banking accounts volatility induced by IAS 39: A simulation model applied to the French case Nessrine Ben Hamida, email: Nessrine.Ben-Hamida@fsa.ulaval.ca, adr : Bureau 5244, Pavillon Palasis Prince Université

More information

2013 Annual Results. Tuesday, February 11 th Mr. Christian Mulliez Executive Vice-President Administration and Finance

2013 Annual Results. Tuesday, February 11 th Mr. Christian Mulliez Executive Vice-President Administration and Finance 2013 Annual Results Tuesday, February 11 th 2014 Mr. Christian Mulliez Executive Vice-President Administration and Finance Consolidated group sales 2013 (in million euros) 22 463 22 977 Growth at constant

More information

THE NEF APPLICATION FORM R250 000 - R75 million

THE NEF APPLICATION FORM R250 000 - R75 million THE NEF APPLICATION FORM R250 000 - R75 million Name */ Male/Female Contribution Shareholding % (Pre-NEF funding) Shareholding % (Post-NEF funding) TOTAL D D M M Y Y Y Y PARTICIPATION IN: Current Future

More information

Independent Auditors Report

Independent Auditors Report Independent Auditors Report The Board of Directors Acer Incorporated: We have audited the non-consolidated balance sheets of Acer Incorporated (the Company ) as of June 30, 2008 and 2007, and the related

More information

Transition to IFRS. Investor Day. (International Financial Reporting Standards) February 1, 2005

Transition to IFRS. Investor Day. (International Financial Reporting Standards) February 1, 2005 Transition to IFRS (International Financial Reporting Standards) Investor Day February 1, 2005 1 Important The purpose of this presentation is solely to provide a provisional and non-exhaustive estimate

More information

Transition to IFRS. Investor Day. (International Financial Reporting Standards) February 1, 2005

Transition to IFRS. Investor Day. (International Financial Reporting Standards) February 1, 2005 Transition to IFRS (International Financial Reporting Standards) Investor Day February 1, 2005 1 Important The purpose of this presentation is solely to provide a provisional and non-exhaustive estimate

More information

Return on Equity has three ratio components. The three ratios that make up Return on Equity are:

Return on Equity has three ratio components. The three ratios that make up Return on Equity are: Evaluating Financial Performance Chapter 1 Return on Equity Why Use Ratios? It has been said that you must measure what you expect to manage and accomplish. Without measurement, you have no reference to

More information

Crefo Nr.: Caterpillar SARL c/o Caterpillar Overseas S.A. route de Frontenex Genève Tel. 022/ Fax 022/

Crefo Nr.: Caterpillar SARL c/o Caterpillar Overseas S.A. route de Frontenex Genève Tel. 022/ Fax 022/ +------------------------------------------------------------------------------+ SCHWEIZERISCHER VERBAND CREDITREFORM Creditreform OnLine 30.03.2004 Page 1 Report No. : 600817191 - CPLUS Reference : test

More information

CREDIT SUISSE AG (Incorporated in Switzerland)

CREDIT SUISSE AG (Incorporated in Switzerland) CREDIT SUISSE AG (Incorporated in Switzerland) Registration Document This Registration Document comprises: Table of Contents (page 4); Information Incorporated by Reference (pages 5-13); Risk Factors (page

More information

The comparative statements of Tony s Tool Company are presented below. TONY S TOOL COMPANY Income Statement For the Year Ended December 31

The comparative statements of Tony s Tool Company are presented below. TONY S TOOL COMPANY Income Statement For the Year Ended December 31 Chapter 18 PROBLEMS: SET C Follow the rounding procedures used in the chapter. P18-1C Comparative statement data for Rowen Company and Martin Company, two competitors, appear below. All balance sheet data

More information

Annual results 2014. Net valuation gain on the investment portfolio reaches 53.9 million (against 27.9 million at the end of 2013)

Annual results 2014. Net valuation gain on the investment portfolio reaches 53.9 million (against 27.9 million at the end of 2013) Press Release Regulated Information 2 March 2015 Annual results 2014 Profit for the year of 49.4 million (+ 25.1 million against 2013) 117.4% increase of committed annualised rent income to 22.6 million

More information

Unrealized Gains in Stocks from the Viewpoint of Investment Risk Management

Unrealized Gains in Stocks from the Viewpoint of Investment Risk Management Unrealized Gains in Stocks from the Viewpoint of Investment Risk Management Naoki Matsuyama Investment Administration Department, The Neiji Mutual Life Insurance Company, 1-1 Marunouchi, 2-chome, Chiyoda-ku,

More information

Exercise Total current assets Current liabilities = $44, , ,000 (accrued interest) = $60,000

Exercise Total current assets Current liabilities = $44, , ,000 (accrued interest) = $60,000 EXERCISES Exercise 3 1 1. Total current assets Current liabilities = $44,000 + 15,000 + 1,000 (accrued interest) = $60,000 Since the current ratio is 1.5:1, Current assets = 1.5 $60,000 = $90,000 2. Short-term

More information

2-8. Identify whether each of the following items increases or decreases cash flow:

2-8. Identify whether each of the following items increases or decreases cash flow: Problems 2-8. Identify whether each of the following items increases or decreases cash flow: Increase in accounts receivable Increase in notes payable Depreciation expense Increase in investments Decrease

More information

Firstsource Solutions Limited

Firstsource Solutions Limited Profit and Loss account summary Quarter ended 31, 2015 Growth % in Q4 FY16 over Q4 FY15 In INR million, except per share data Quarter ended December 30, 2015 Growth % in Q4 FY16 over Q3 FY16 INCOME Income

More information