CFE - 2006 annual report - Vinci

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Men and women serving the group ● 432 new employees and 284 new workers in one year The CFE group welcomed 432 new employees, both young and old, to bolster its teams. This unprecedented effort will continue in 2007. In addition, in 2006 CFE hired 284 workers primarily in Luxembourg where there has been strong business growth. ● Diversification and integration efforts CFE has chosen to seek out employees and workers of all origins, ages, genders and religions to help with its expan- sion. This diversity does not prevent good team integration thanks to increased training and orientation days to emphasize the group’s values. ● Solidarity and team spirit These remain vital to the success of our business. This solidarity manifests itself in each of the entities, and also between the companies and divisions of the group. CFE est un groupe en mouvement. Ayant clairement affiché ses objectifs à l’occasion de l’augmentation de capital réalisée à l’automne 2006, CFE dispose des moyens financiers pour assurer son développement. Sa politique de ressources humaines doit lui permettre de compter sur sa principale richesse : les hommes et les femmes de l’entreprise. Des objectifs clairs de développement... ... en construction ● La recherche de nouveaux types de contrats CFE a répondu dès 2006 et répondra encore en 2007 et dans les années futures aux projets de concessions lancés par les autorités flamandes et néerlandaises portant sur de gros ouvrages d’infrastructure : ring d’Anvers, Coentunnel, Liefkenshoekspoortunnel notamment. A cette démarche de recherche de participation à des concessions, se joindra, 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 5
6 Notable events in 2006 February • Re-opening of the Atomium in Brussels with its superb night illumination realized by Nizet Entreprise. April • Re-launch of the activities of Bageci with the signing of the contract for the first site of the future RER between Ottignies and Louvain-la-Neuve. January • Re-launching activities in Central Europe: • Poland: signing of the contract for the construction of a new commercial centre E. Leclerc in Slupsk, • Hungary: first residential project in Budapest (Corvin Palace). March • Signing of the agreements between CFE and CB Richard Ellis: the two companies merged their property management activities within Sogesmaint, which from now on will be called Sogesmaint-CB Richard Ellis. May • Launch of an internal training session for super- intendents. June • Acquisition of the new maintenance contract for the River Scheldt by DEME for a period of seven years.
Page 1 and 2: Compagnie d’Entreprises CFE SA A
Page 4 and 5: Well-managed growth With a 19% incr
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
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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
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5 6 Patrick Van Craen Damien Quinet
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5 8 New lighting for the large hall
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6 0 Saint-Michel clinic in Brussels
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6 2 Erecting of catenaries by Engem
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6 4
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6 6 from the left to the right: Mar
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6 8 The brand new trailer “Mariek
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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
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CFE - 2006 annual report - Vinci

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