- Page 1 and 2: Compagnie d’Entreprises CFE SA A
- Page 4 and 5: Well-managed growth With a 19% incr
- Page 6 and 7: Men and women serving the group ●
- Page 8 and 9: July • Delivery of the renovated
- Page 10 and 11: Philippe Ratynski Philippe Ratynski
- Page 12 and 13: IFRS Belgian Standards Data in EUR
- Page 14 and 15: from the left to the right: Patrick
- Page 16 and 17: Workforce developments in the Const
- Page 18 and 19: Last, but not least, we must emphas
- Page 20 and 21: Evolution of the frequency rate - D
- Page 24: 2 3
- Page 27 and 28: 2 6 Overall view of the watertreatm
- Page 29 and 30: 2 8 In the Netherlands, the work do
- Page 31 and 32: 3 0 Koen Vande Voorde, 37 years Sit
- Page 33 and 34: 3 2 Façade of “Résidence Theys
- Page 35 and 36: 3 4 Extension of Dredging Internati
- Page 37 and 38: 3 6 New all-purpose sports centre
- Page 39 and 40: 3 8 Construction of an office build
- Page 41 and 42: 4 0 Suite of offices for the Europe
- Page 43 and 44: 4 2 Museum of Modern Art in Luxembo
- Page 45 and 46: 4 4 Lorem André de Ipsum Koning do
- Page 47 and 48: 4 6 Bernard Cols Bruno Lambrecht, C
- Page 49 and 50: 4 8 Lorem Gérard Ipsum Bourelly, d
- Page 51 and 52: 5 0 “Médiacité” business comp
- Page 53 and 54: 5 2 “Sand Court” project for th
- Page 55 and 56: 5 4 “Botanic” building in Bruss
- Page 57 and 58: 5 6 Patrick Van Craen Damien Quinet
- Page 59 and 60: 5 8 New lighting for the large hall
- Page 61 and 62: 6 0 Saint-Michel clinic in Brussels
- Page 63 and 64: 6 2 Erecting of catenaries by Engem
- Page 65 and 66: 6 4
- Page 67 and 68: 6 6 from the left to the right: Mar
- Page 69 and 70: 6 8 The brand new trailer “Mariek
- Page 71 and 72: 7 0 In Richard’s Bay, South Afric
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7 2 ● Venezuela DI further consol
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7 4 DEC was selected as one of the
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7 6 Financial report Corporate gove
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7 8 Table of contents Corporate gov
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8 0 Corporate governance 1. Composi
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8 2 Bernard Huvelin VINCI 1, cours
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8 4 Co-opted Director whose nominat
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8 6 2. Operation of the Board of Di
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8 8 2.2 The Appointments and Compen
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9 0 3.3 Compensation of the Managin
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9 2 Remuneration of the auditors of
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9 4 Dredging & environment segment
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9 6 Contribution to the net resultp
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9 8 B. Risk factors 1. Risks common
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1 0 0 1.3 Management and workforce
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1 0 2 C. Insurance policy The CFE g
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1 0 4 6. Discharge to be given to t
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1 0 6 Definitions Associates Capita
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1 0 8 Transactions in 2005 1. Const
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1 1 0 Consolidated balance sheet Fo
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1 1 2 Statement of changes in Equit
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1 1 4 Notes to the consolidated fin
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1 1 6 The Financial Statements prep
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1 1 8 F. Goodwill 1. Goodwill Goodw
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1 2 0 Leases of assets under which
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1 2 2 P. Share capital Own shares p
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1 2 4 T. Trade and other payables T
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1 2 6 X. Derivative financial instr
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1 2 8 Revenue (in thousand Euro) 20
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1 3 0 Balance sheet at December 31
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1 3 2 For the exercise 2005 Fair va
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1 3 4 Income statement 4. Revenue f
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1 3 6 9. Income tax expenses Recogn
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1 3 8 10. Profit per share The basi
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1 4 0 Assets items under lease Cert
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1 4 2 14. Intangible assets other t
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1 4 4 15. Investments available for
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1 4 6 17. Other non current assets
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1 4 8 21. Cash and cash equivalents
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1 5 0 Movement in the fair value of
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1 5 2 Interest rate risk The group
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1 5 4 26. Financial debts As per De
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1 5 6 29. Other commitments granted
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1 5 8 • The group CFE sets up a t
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1 6 0 List of the most important su
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1 6 2 C F E F I N A N C I A L R E P
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1 6 4 Statutory financial statement
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1 6 6 Analysis of the income statem
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1 6 8 The headquarter at your servi