6.2 RECORD OF SHARE SUBSCRIPTION AND SHARE PURCHASE PLANS AT 31 DECEMBER <strong>2005</strong> Date of Original number of Of which, options granted to Dates Shareholders Board Benefi ciaries Options Company Top 10 from which of expiry Meeting Meeting offi cers employee option may be of option benefi ciaries (1) exercised GTM 1997 — — 194 714,000 36,000 87,600 27/06/99 26/03/05 <strong>VINCI</strong> 1998 18/06/93 04/03/98 66 481,000 — 90,000 01/01/99 04/03/08 GTM 1998 — — 211 714,720 40,800 99,600 25/03/00 24/03/06 <strong>VINCI</strong> 1999 n° 1 25/05/98 09/03/99 88 1,304,000 120,000 350,000 09/03/01 08/03/09 <strong>VINCI</strong> 1999 n° 2 25/05/98 07/09/99 590 2,006,382 313,334 340,000 07/09/01 06/09/09 GTM 1999 — — 369 1,385,736 84,000 180,000 24/03/01 23/03/07 <strong>VINCI</strong> 2000 n° 1 25/10/99 11/01/00 40 1,950,000 500,000 680,000 11/01/02 10/01/10 <strong>VINCI</strong> 2000 n° 2 25/10/99 03/10/00 999 3,535,000 90,000 265,600 03/10/02 02/10/10 GTM 2000 — — 355 1,128,240 84,000 122,400 24/01/02 23/05/08 <strong>VINCI</strong> 2001 25/10/99 08/03/01 3 465,000 465,000 — 08/03/03 07/03/11 <strong>VINCI</strong> 2002 n° 1 25/10/99 17/12/02 287 4,901,000 1,310,000 606,000 25/01/04 17/12/12 <strong>VINCI</strong> 2002 n° 2 25/10/99 17/12/02 409 5,000,000 1,380,000 (2) 510,000 17/12/04 17/12/12 <strong>VINCI</strong> 2003 14/05/03 11/09/03 126 2,804,000 700,000 648,000 11/09/05 (3) 11/09/13 <strong>VINCI</strong> 2004 14/05/03 07/09/04 142 3,172,000 820,000 710,000 07/09/06 (3) 07/09/14 <strong>VINCI</strong> <strong>2005</strong> 14/05/03 01/03/05 158 2,540,568 1,134,000 588,000 16/03/07 (3) 16/03/12 Total subscription plans 1,743 32,101,646 7,077,134 5,277,200 <strong>VINCI</strong> 1999 n° 2 25/05/98 07/09/99 590 4,012,618 626,666 680,000 07/09/01 06/09/09 <strong>VINCI</strong> 2000 25/10/99 03/10/00 999 3,535,000 90,000 265,600 03/10/02 02/10/10 <strong>VINCI</strong> 2001 25/10/99 08/03/01 3 465,000 465,000 — 08/03/03 07/03/11 <strong>VINCI</strong> 2002 25/10/99 25/01/02 7 99,000 — 99,000 25/01/04 24/01/12 Total purchase plans 1,181 8,111,618 1,181,666 1,044,600 Total 1,743 40,213,264 8,258,800 6,321,800 (1) Not company offi cers. (2) The exercise of approximately two thirds of these options is subject to terms relating to the stock market price of the <strong>VINCI</strong> share. (3) This refers to two-thirds of the options, the last third being exercisable three years after the grant date. Note: the number of options and the exercise price are adjusted for the two-for-one share split in May <strong>2005</strong>. 166 <strong>VINCI</strong> <strong>2005</strong> ANNUAL REPORT
CORPORATE GOVERNANCE Options Options Options Options Exercise Number of exercised cancelled exercised/cancelled not exercised price remaining in <strong>2005</strong> at 31/12/05 at 31/12/<strong>2005</strong> in euros benefi ciaries (cumulative) GTM 1997 60,400 13,200 714,000 — 9.37 — <strong>VINCI</strong> 1998 29,786 — 467,316 13,684 12.81 5 GTM 1998 70,160 — 631,720 83,000 12.71 30 <strong>VINCI</strong> 1999 n° 1 73,386 — 1,230,798 73,202 18.99 10 <strong>VINCI</strong> 1999 n° 2 286,454 1,667 1,734,921 271,461 21.15 150 GTM 1999 223,485 — 1,102,255 283,481 16.47 95 <strong>VINCI</strong> 2000 n° 1 905,750 — 1,680,750 269,250 25.00 9 <strong>VINCI</strong> 2000 n° 2 976,982 667 2,147,088 1,387,912 28.50 485 GTM 2000 387,519 — 719,459 408,781 17.82 142 <strong>VINCI</strong> 2001 133,625 — 380,000 85,000 28.50 2 <strong>VINCI</strong> 2002 n° 1 333,832 — 683,832 4,217,168 31.83 269 <strong>VINCI</strong> 2002 n° 2 908,292 — 1,239,984 3,760,016 26.45 400 <strong>VINCI</strong> 2003 100,798 — 300,798 2,503,202 30.70 124 <strong>VINCI</strong> 2004 — — — 3,172,000 41.20 142 <strong>VINCI</strong> <strong>2005</strong> — — — 2,540,568 49.40 158 Total subscription plans 4,490,469 15,534 13,032,921 19,068,725 33.34 1,109 <strong>VINCI</strong> 1999 n° 2 572,871 3,333 3,469,302 543,316 21.83 150 <strong>VINCI</strong> 2000 1,020,607 667 2,147,088 1,387,912 24.02 485 <strong>VINCI</strong> 2001 90,000 — 380,000 85,000 28.50 2 <strong>VINCI</strong> 2002 — 5,000 65,000 34,000 31.83 4 Total purchase plans 1,683,478 9,000 6,061,390 2,050,228 23.75 565 Total 6,173,947 24,534 19,094,311 21,118,953 32.41 1,109 167
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ANNUAL REPORT 2005
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EUROVIA VINCI CONSTRUCTION KEY 2005
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VINCI, the world’s leading integr
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VINCI gains new momentum With the A
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Corporate management structures BOA
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All business lines contributed to t
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Complementary business lines operat
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A growth course set by the concessi
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VINCI share price up 47% in 2005 In
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THE 2006 SHAREHOLDERS’ CALENDAR 1
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2005 Highlights Bernard Val, Chairm
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20 VINCI 2005 ANNUAL REPORT
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22 BUILDING AND MAKING A LONG-TERM
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KEY FIGURES In € millions and as
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VINCI CONCESSIONS WORLDWIDE EUROPE
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Top. ASF and Escota operate a netwo
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CONCESSIONS / ACTIVITÉ ASF recentl
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CONCESSIONS / BUSINESS REPORT 32 VI
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CONCESSIONS / BUSINESS REPORT Betwe
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A86 : DISCREET DOWN TO THE FINEST D
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The toll system of the future In Ma
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Top. Some 41,000 vehicles a day tra
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VINCI Park VINCI Park is present in
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44 VINCI 2005 ANNUAL REPORT and the
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Airport sector VINCI Concessions is
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CONSTRUCTION CONCESSIONS CONSTRUCTI
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ENERGY 51
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A leader in energy and information
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Top. For the Munich airport, German
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Acquisitions 16 companies acquired
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Top left. Design and implementation
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VINCI Energies at the Zénith conce
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ÉDITORIAL GRANIOU SUPPORTS NORTEL
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66 LEADER IN INFRASTRUCTURE CONSTRU
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KEY FIGURES In € millions and as
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EUROVIA / BUSINESS REPORT Brisk gro
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MATERIALS: A STRATEGIC FACILITY IN
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EUROVIA / BUSINESS REPORT NOxer ®
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Top left. Roadworks in the village
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EUROVIA / BUSINESS REPORT Design &
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CONSTRUCTION EUROVIA CONSTRUCTION E
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CONSTRUCTION 83
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French market leader and a world ma
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Above. The Granite tower under cons
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VINCI Construction Grands Projets
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ÉDITORIAL A BUILDING OF THE FUTURE
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The fl oating swimming pool To meet
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Civil engineering revenue +11.2 % S
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Top. Restructured so as to reduce t
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In the United Kingdom and Germany,
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101
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ÉDITORIAL Top. Standing alongside
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VINCI Immobilier will be developing
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A RESPONSIBLE GROUP 107
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Implementation of the Global Compac
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Priority areas and projects Limit t
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Commitments Guarantee the safety an
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The income arising in the period fr
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E. NOTES TO THE BALANCE SHEET 10. I
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12.2 IMPAIRMENT LOSSES ON OTHER NON
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CONSOLIDATED FINANCIAL STATEMENTS 1
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15. LEASED ASSETS Property, plant a
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CONSOLIDATED FINANCIAL STATEMENTS 1
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20. CONSTRUCTION CONTRACTS 20.1 FIN
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The changes in capital in 2005 brea
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CONSOLIDATED FINANCIAL STATEMENTS I
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CONSOLIDATED FINANCIAL STATEMENTS 2
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Changes in the period CONSOLIDATED
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24. PROVISIONS During the period, c
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By business line, the analysis of n
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. Other bonds Other bonds break dow
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d. Finance leases The table below s
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25.3.2 Cash and cash management fin
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CONSOLIDATED FINANCIAL STATEMENTS T
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Based on this position, a 1% increa
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26.3.3 Analysis of other foreign cu
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28. TRANSACTIONS WITH RELATED PARTI
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The maturities of contractual oblig
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31. REMUNERATION AND RELATED BENEFI
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promissory notes issued by Intertou
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CONSOLIDATED FINANCIAL STATEMENTS I
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(h) Reclassification under operatin
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1.5 SUMMARIES OF IMPACTS OF RESTATE
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2.3.2 Goodwill CONSOLIDATED FINANCI
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2.3.6 Fair value of derivatives CON
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2.4 RECONCILIATION OF BALANCE SHEET
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2.4.6 Trade and other current payab
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CONSOLIDATED FINANCIAL STATEMENTS 4
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K. MAIN CONSOLIDATED COMPANIES AT 3
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CONSOLIDATED FINANCIAL STATEMENTS C
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CONSOLIDATED FINANCIAL STATEMENTS R
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1.3 OTHER FINANCIAL TRANSACTIONS Th
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3.2 EQUITY PARENT COMPANY FINANCIAL
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5. NET FINANCIAL DEBT The holding c
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PARENT COMPANY FINANCIAL STATEMENTS
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PARENT COMPANY FINANCIAL STATEMENTS
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PARENT COMPANY FINANCIAL STATEMENTS
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Meeting are determined by the Share
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3. INFORMATION ON VINCI’S SHARE C
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3.3 BREAKDOWN OF SHARE CAPITAL AND
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3.5 THE VINCI SHARE AND THE STOCK M
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3. FEES OF THE STATUTORY AUDITORS P
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9. Operating and fi nancial review
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In accordance with Article 212-13 o