CFE - 2006 annual report - Vinci

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Revenue
(in thousand Euro) 2006 2005
Construction 537,223 489,651
Real estate development and management services 28,380 22,839
Inventory effects (*) (1,268) (5,211)
Sub-total 564,335 507,279
Dredging and environment 538,735 422,563
Multitechnics 60,949 45,564
Total consolidated 1,164,019 975,406
(*) The group CFE recognizes in the construction activity the revenue realized for the real estate development and
management services segment. At the level of real estate development and management services, the group CFE recognizes
the revenue less the portion of the construction activity. The absence of simultaneity between the construction and the sale
by the real estate development and management services segment is because the internal sales are stocked under work in
progress and taken out from the stock at the moment of the sale. The difference between the inventory increase and decrease
constitutes the main part of this entry.
Breakdown of the revenue generated by the construction segment
(in thousand Euro) 2006 2005
Building 366,785 365,932
Civil engineering 98,253 86,508
Roads 55,190 33,544
Other 16,995 3,667
Total 537,223 489,651
Net profit – part of the group CFE
(in thousand Euro) 2006 2005
Construction 6,238 5,020
Real estate development and management services 7,591 3,128
Eliminations 268 (1,167)
Sub-total 14,097 6,981
Dredging and environment 23,441 17,386
Multitechnics 2,392 1,049
Holding 775 86
Total consolidated 40,705 25,502
C F E F I N A N C I A L R E P O R T 2 0 0 6 I 1 2 6 t h C F E F I N A N C I A L R E P O R T 2 0 0 6 I c o r p o r a t e f i n a n c i a l y e a r
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