CFE - 2006 annual report - Vinci

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Construction division C F E A N N U A L R E P O R T 2 0 0 6 I 1 2 6 t h c o r p o r a t e f i n a n c i a l y e a r 2 5
2 6 Overall view of the watertreatment plant at Liège - Sclessin. Architect: Daniel Lesage. Construction division The committee A committee consisting of the principal executives of the construction division meets every three weeks: • Renaud Bentégeat • Lode Franken, Deputy General Manager Construction Division • Bernard Cols, General Manager CFE Brabant and Central Europe • Frédéric Claes, Managing Director of BPC • Patrick Verswijvel, General Manager MBG and ABEB • Patrick de Caters, General Manager Bageci • Patrick Van Craen, Managing Director of CLE The order book of the construction division totalled 573 million Euro on January 1, 2007, as compared with 529 million Euro a year earlier. It consists essentially of building projects, given the absence in Belgium of large civil engineering orders. Activity is structured essentially according to geographic location: • three profit centres in the north of Belgium: MBG, Van Wellen and ABEB; • in the Brussels region and Brabant: CFE Brabant and BPC; • in Wallonia: Bageci; (in millions of EUR) 2006 2005 Order book 572.6 529.3 as of December 31 Activity 537.2 489.6 • André de Koning, General Manager, the Netherlands • Luc Vandeputte, General Manager, International • Jacques Ninanne, Chief Financial Officer • Gabriel Marijsse, Human Resources Manager • Yves Weyts, Manager Sustainable Development, Synergy and Communication • in Luxembourg: CLE; • in the Netherlands: CFE Nederland and Geka; • in Central Europe: CFE Polska, CFE Hungary and CFE Slovakia; • export: CFE International. Finally, CFE EcoTech, whose teams are based in Brussels, performs electromechanical work on water treatment and smoke processing stations independently of geographic location.
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 22 and 23: Theme Commitments Initiatives Human
Page 24: 2 3
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
Page 73 and 74: 7 2 ● Venezuela DI further consol
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7 4 DEC was selected as one of the
Page 77 and 78:
7 6 Financial report Corporate gove
Page 79 and 80:
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
Page 85 and 86:
8 4 Co-opted Director whose nominat
Page 87 and 88:
8 6 2. Operation of the Board of Di
Page 89 and 90:
8 8 2.2 The Appointments and Compen
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9 0 3.3 Compensation of the Managin
Page 93 and 94:
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
Page 163 and 164:
1 6 2 C F E F I N A N C I A L R E P
Page 165 and 166:
1 6 4 Statutory financial statement
Page 167 and 168:
1 6 6 Analysis of the income statem
Page 169:
1 6 8 The headquarter at your servi
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CFE - 2006 annual report - Vinci

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