VINCI - 2005 annual report

€
80
70
60
50
5.
1.
2.
4.
3.
88% OF SHARES
PUBLICLY HELD
1. Employees 9%
2. Treasury stock 3%
3. Individual shareholders (1) 12%
4. French institutional
shareholders (1) 25%
5. Foreign institutional
shareholders (1) 51%
of which:
USA 21%
UK 17%
Other European countries 12%
Total 100%
With 50,000 people holding 9% of the share capital, employees remain VINCI’s
leading shareholder group. The proportion of individual shareholders (12%) held
steady as did that of institutional shareholders. At 31 December 2005, these
held more than three-quarters of the company’s shares with a balanced spread
between France, Europe and the USA.
1. – Estimate.
SHAREHOLDER RETURN ON INVESTMENT
OVER FIVE YEARS
1,000 € 2,696 €
Jan. 2001 Dec 2005
Someone who invested €1,000 in VINCI shares on 1 January 2001 and reinvested
all the dividends received (including tax credit until 31 December) in the purchase
of further VINCI shares would have an investment of €2,696 € at 31 December 2005.
This represents an annual average return of 22%.
2. – adjusted for the two-for-one share split on 13 May 2005.
+22 %
a year
SHARE PERFORMANCE AND AVERAGE DAILY TRADING VOLUME
STOCK MARKET AND SHAREHOLDER BASE
VINCI RANKS 28 TH BY CAPITALISATION IN THE CAC 40.
€15.1 billion
at 31 January 2006
At the end of January 2006, VINCI’s market capitalisation amounted to €15.1 billion,
ranking it 28th by capitalisation in the CAC 40.
DIVIDEND (2) DOUBLED IN FIVE YEARS
The dividend paid by VINCI has more than doubled since 2000. The 2005 dividend
proposed to the Shareholders Meeting is €2.00 € per share. Taking account of the
interim dividend of €0.70 € paid on 20 December 2005, the fi nal dividend to be paid
on 18 May 2006 will therefore be €1.30 per share.
VINCI
DJ Stoxx Construction
CAC 40
Number
of shares
1/2005 2 3 4 5 6 7 8 9 10 11 12 1/2006
Between 1 January and 31 December 2005, VINCI’s share price rose by 47% while the CAC 40 increased by 23% and the European construction index by 32%.
On 27 February 2006, the share closed at an all time high of €78.50. € In 2005, 1.3 million VINCI shares were traded on average daily, a 2% increase against the volume seen
in 2004.
0.83 €
2000
0.85 €
2001
0.90 €
2002
1.18 €
2003
1.75 €
2004
2.00 €
2005
2,500,000
2,000,000
1,500,000
1,000,000
500,000
17