Consolidated balance sheet

Transcription

1 Consolidated balance sheet 31/12/ /12/ /12/2006 Non current assets Property, plant and equipment 1, Investment property Fixed assets held under concessions 13,534 13,240 13,107 Goodwill on acquisition 2,793 2,425 2,237 Intangible assets Investments accounted for using the equity method Other financial assets Deferred tax assets Other non current assets 1 Total non current assets 18,317 17,334 16,875 Current assets Stocks Trade receivables 4,049 3,933 3,267 Current tax receivables Other debtors and prepayments 1,291 1,318 1,386 Assets held for sale 70 Cash and cash equivalents 1,786 1,930 1,460 Total assets 25,960 25,099 23,450 31/12/ /12/ /12/2006 Capital and reserves Share capital Consolidated reserves 2,061 1,507 1,102 Net profit for the year 301 1, Minority interests Total capital and reserves 3,304 3,666 2,754 Non current liabilities Long-term debt 12,473 11,627 10,800 Deferred tax liabilities 1,871 1,886 1,898 Non current provisions Other non current liabilities Current liabilities Trade creditors 3,140 3,041 2,679 Short term loans and other borrowings Amount of long term debt due within one year ,042 Current tax liabilities Current provisions Other creditors and accruals 3,289 3,037 2,897 Liabilities held for sale 2 Total liabilities and shareholder's equity 25,960 25,099 23,450

2 Consolidated income statement Revenue 13,293 12,577 10,704 Other income Raw materials and consumables used -2,896-2,768-2,427 Staff costs -3,113-2,831-2,514 Other expenses -5,012-4,786-3,932 Taxes other than corporation tax Amortisation and depreciation expense Provisions Changes in stocks Other operating income and expenses Current operating profit 1,104 1, Other operating income and expenses Operating profit 1,072 1, Income from cash and cash equivalent Cost of gross debt Cost of net debt Other financial income and expenses Share of profit in companies accounted for by the equity method Corporation tax Net profit before results of discontinued and held-for-sale activities 368 1, Net profit of discontinued and held for sale activities Net profit 368 1, Attributable to the group 301 1, Minority interests

3 Consolidated balance sheet 31/12/ /12/ /12/2006 Non current assets Property, plant and equipment Investment property Fixed assets held under concessions 12,452 12,566 12,637 Goodwill on acquisition 1,564 1,564 1,564 Intangible assets Investments accounted for using the equity method Other financial assets Deferred tax assets Other non current assets 1 1 Total non current assets 14,410 14,433 14,382 Current assets Stocks Trade receivables Current tax receivables 64 Other debtors and prepayments Cash and cash equivalents Total assets 15,078 15,017 14,980 Capital and reserves Share capital Consolidated reserves Net profit for the year Minority interests Total capital and reserves ,114 Non current liabilities Long-term debt 11,352 10,927 10,855 Deferred tax liabilities 1,854 1,844 1,879 Non current provisions Other non current liabilities Current liabilities Trade creditors Short term loans and other borrowings Amount of long term debt due within one year Current tax liabilities 34 Current provisions Other creditors and accruals Total liabilities and shareholder's equity 15,078 15,017 14,980

4 Consolidated income statement Revenue 1,834 1,803 1,463 Other income Raw materials and consumables used Staff costs Other expenses Taxes other than corporation tax Amortisation and depreciation expense Provisions Changes in stocks Other operating income and expenses Current operating profit Other operating income and expenses Operating profit Income from cash and cash equivalent Cost of gross debt Cost of net debt Other financial income and expenses Share of profit in companies accounted for by the equity method Corporation tax Net profit before results of discontinued and held-for-sale activities Net profit of discontinued and held for sale activities Net profit Attributable to the group Minority interests

5 Consolidated balance sheet 31/12/ /12/2007 Non current assets Property, plant and equipment Investment property Fixed assets held under concessions Goodwill on acquisition Intangible assets Investments accounted for using the equity method Other financial assets Deferred tax assets Other non current assets Total non current assets Current assets Stocks Trade receivables Current tax receivables Other debtors and prepayments 1 1 Cash and cash equivalents Total assets Capital and reserves Share capital 4 4 Consolidated reserves Net profit for the year Minority interests Total capital and reserves Non current liabilities Long-term debt Deferred tax liabilities 6 Non current provisions Other non current liabilities Current liabilities Trade creditors 4 5 Short term loans and other borrowings 1 2 Amount of long term debt due within one year Current tax liabilities 1 Current provisions 3 2 Other creditors and accruals 1 1 Total liabilities and shareholder's equity

6 Consolidated income statement Revenue Other income Raw materials and consumables used -1 Staff costs -3-2 Other expenses -3-3 Taxes other than corporation tax -1-1 Amortisation and depreciation expense -3-3 Provisions -1-1 Changes in stocks Other operating income and expenses Current operating profit Other operating income and expenses Operating profit Income from cash and cash equivalent 1 2 Cost of gross debt Cost of net debt Other financial income and expenses Share of profit in companies accounted for by the equity method Corporation tax 5-1 Net profit before results of discontinued and held-for-sale activities Net profit of discontinued and held for sale activities Net profit Attributable to the group Minority interests 0 0

7 Construction : Contribution ( m) Change Sales 3,801 4, % Current operating profit % Current operating margin % % - Net profit % Shareholders' equity Construction : Business lines Rehabilitation / Renovation 21% Civil engineering 3% Offices / retail / Industrial 47% Housing 29% Public = 36% Private = 64% February 2009

8 Public Works : Contribution ( m) Change Sales 4,114 3, % Current operating profit % Current operating margin % % - Net profit % Shareholders' equity Public Works : Industrial production PRODUCTION OF THE YEAR COATINGS (millions of tonnes) QUARRIES (millions of tonnes) BINDERS (thousands of tonnes) February 2009

9 Public Works : Business lines Earthworks 10% Civil Engineering 15% Roads 67% Environment 8% Public Works : Customers Private sector 33% State 4% Local authorities 44% Motorways & Concessions 7% State owned companies 12% February 2009

10 Multi-Tech. Installation : Contribution ( m) Change Sales 2,529 2, % Current operating profit % Current operating margin % % - Net profit % Shareholders' equity Multi-Technical Installation Businesses Activities Electrical Contracting 73% Others 4% Mechanical Contracting 11% H.V.A.C 12% Design & Implem tation 84% Operation &- Maint ance 16% Public = 48% Private = 52% February 2009

11 Metallic Construction : Contribution ( m) Change Sales % Current operating profit Current operating margin % % - Net profit Shareholders' equity February 2009