|
Active Account | Passive
Account | Account Results
|
|
Synthesized Accounts
|
Annual Accounts
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
|
Account period (month)
|
12
|
|
12
|
|
12
|
|
|
|
Account Type
|
Normal
|
|
Normal
|
|
Normal
|
|
|
|
Deposit date
|
24/01/2011
|
|
-
|
|
-
|
|
|
|
Activity Code
|
2630Z
|
|
2630Z
|
|
2630Z
|
|
|
|
Employees
|
6804
|
|
7736
|
|
8727
|
|
|
Active account
|
Annual
Accounts
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average 2009
|
|
|
Capital not
called
|
1 049 982 000
|
0%
|
1 049 982 000
|
0%
|
1 049 982 000
|
3 240 760,03
|
32299,3%
|
|
Total fixed
assets
|
293 326 000
|
-5,5%
|
310 262 000
|
-11,7%
|
351 192 000
|
2 112 695,41
|
13784,0%
|
|
-
Intangible assets
|
195 321 000
|
33,2%
|
146 598 000
|
-3,1%
|
151 312 000
|
2 368 338,35
|
8147,2%
|
|
- Tangible
assets
|
57 297 000
|
-7,6%
|
62 003 000
|
-17,7%
|
75 337 000
|
510 097,82
|
11132,6%
|
|
- Financial
assets
|
89 337 000
|
-12,1%
|
101 661 000
|
-18,4%
|
124 543 000
|
463 624,25
|
19169,3%
|
|
Net current
assets
|
1 919 110 000
|
-33,8%
|
2 898 135 000
|
21,4%
|
2 387 484 000
|
15 203 287,01
|
12523,0%
|
|
- Stocks
|
321 570 000
|
-20,1%
|
402 243 000
|
9,1%
|
368 657 000
|
2 458 436,87
|
12980,3%
|
|
- Advanced
payments
|
7 505 000
|
-33,8%
|
10 396 000
|
-56,2%
|
23 757 000
|
249 769,49
|
2904,8%
|
|
-
Receivables
|
1 282 907 000
|
-34,3%
|
1 951 813 000
|
7,9%
|
1 808 894 000
|
9 375 310,03
|
13583,9%
|
|
-
Securities and cash
|
307 128 000
|
-42,5%
|
533 683 000
|
186,7%
|
186 176 000
|
3 119 375,63
|
9745,8%
|
|
- Prepaid
expenses
|
-
|
-
|
-
|
-
|
-
|
2 364,98
|
-
|
|
Accounts of
regularization
|
1 781 000
|
86,5%
|
955 000
|
-74,9%
|
3 810 000
|
11 447,59
|
15457,9%
|
|
Total
Assets
|
3 264 199 000
|
-23,4%
|
4 259 334 000
|
12,3%
|
3 792 468 000
|
20 024 762,36
|
16200,8%
|
Passive Account
|
Annual
Accounts
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average 2009
|
|
|
Shareholders'
equity
|
-384 733 000
|
-710,0%
|
63 073 000
|
-88,7%
|
558 264 000
|
1 197 267,90
|
-32234,2%
|
|
Share
capital
|
38 858 000
|
0%
|
38 858 000
|
-97,7%
|
1 665 340 000
|
1 882 770,85
|
1963,9%
|
|
Other
capital resources
|
0
|
0%
|
0
|
0%
|
0
|
38 788,05
|
0%
|
|
Risk
Provisions
|
653 428 000
|
-36,4%
|
1 028 133 000
|
-6,8%
|
1 103 404 000
|
2 669 299,32
|
24379,4%
|
|
Liabilities
|
2 995 504 000
|
-5,4%
|
3 168 128 000
|
48,7%
|
2 130 800 000
|
16 117 562,20
|
18485,3%
|
|
- Financial
liabilities
|
1 801 235 000
|
4,9%
|
1 717 378 000
|
194,9%
|
582 289 000
|
5 709 148,85
|
31450,0%
|
|
- Advanced
payments received
|
128 455 000
|
-56,0%
|
292 232 000
|
40,2%
|
208 366 000
|
3 078 761,35
|
4072,3%
|
|
- Trade
account payables
|
668 771 000
|
-17,8%
|
814 012 000
|
-13,7%
|
943 461 000
|
4 512 548,67
|
14720,3%
|
|
- Tax and
social liabilities
|
158 556 000
|
-22,5%
|
204 526 000
|
-11,5%
|
231 191 000
|
2 034 756,42
|
7692,4%
|
|
- Other
debts and fixed assets liabilities
|
32 864 000
|
-39,6%
|
54 390 000
|
-35,3%
|
84 123 000
|
465 500,87
|
6959,9%
|
|
Account
regularization
|
205 623 000
|
140,2%
|
85 590 000
|
5,2%
|
81 370 000
|
798 614,14
|
25647,5%
|
|
Total
liabilities
|
3 264 199 000
|
-23,4%
|
4 259 334 000
|
12,3%
|
3 792 468 000
|
20 024 762,39
|
16200,8%
|
Results
|
Annual
Accounts
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average 2009
|
|
|
Sales of
Goods
|
3 757 048 000
|
-13,8%
|
4 360 536 000
|
1,9%
|
4 277 885 000
|
21 921 737,37
|
17038,5%
|
|
Net
turnover
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
17 968 481,24
|
14487,7%
|
|
- of which
net export turnover
|
0
|
0%
|
0
|
0%
|
0
|
3 268 077,32
|
0%
|
|
Operating
charges
|
4 110 398 000
|
-14,2%
|
4 790 104 000
|
-2,0%
|
4 889 651 000
|
22 671 606,14
|
18030,2%
|
|
Operating
profit/loss
|
-353 350 000
|
17,7%
|
-429 568 000
|
29,8%
|
-611 766 000
|
-749 868,77
|
-47021,6%
|
|
Financial
income
|
84 166 000
|
-34,6%
|
128 746 000
|
15,4%
|
111 611 000
|
531 214,45
|
15744,1%
|
|
Financial
charges
|
157 791 000
|
39,2%
|
113 345 000
|
104,5%
|
55 427 000
|
666 914,44
|
23559,9%
|
|
Financial
profit/loss
|
-73 625 000
|
-578,1%
|
15 401 000
|
-72,6%
|
56 184 000
|
-135 699,97
|
-54155,7%
|
|
Pretax net
operating income
|
-426 975 000
|
-3,1%
|
-414 167 000
|
25,5%
|
-555 582 000
|
-862 791,14
|
-49387,6%
|
|
Extraordinary
income
|
61 228 000
|
24,3%
|
49 241 000
|
-34,8%
|
75 575 000
|
367 759,49
|
16548,9%
|
|
Extraordinary
charges
|
119 119 000
|
-24,3%
|
157 416 000
|
-64,6%
|
444 843 000
|
741 564,97
|
15963,2%
|
|
Extraordinary
profit/loss
|
-57 891 000
|
-314,6%
|
-108 175 000
|
70,7%
|
-369 268 000
|
-373 805,48
|
-15386,9%
|
|
Net result
|
-448 449 000
|
9,4%
|
-495 191 000
|
45,6%
|
-909 736 000
|
-1 108 320,98
|
-40362,0%
|
|
|
|
|
Normal Account
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Months
|
|
12
|
|
12
|
|
12
|
Accounts - Active
Current Assets | Equalization accounts | Reference
Grand Total - Passive Accounts (I to IV)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Grand Total (I to VI)
|
Net
|
3 264 199 000
|
-23,4%
|
4 259 334 000
|
12,3%
|
3 792 468 000
|
|
|
Gross
|
CO
|
3 891 213 000
|
-21,4%
|
4 949 533 000
|
11,8%
|
4 427 388 000
|
|
|
Amortisation
|
1A
|
627 014 000
|
-9,2%
|
690 199 000
|
8,7%
|
634 920 000
|
Non declared distributed capital (I)
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Non declared distributed capital (I)
|
AA3
|
1 049 982 000
|
0%
|
1 049 982 000
|
0%
|
1 049 982 000
|
|
|
Gross
|
AA
|
1 049 982 000
|
-
|
-
|
-
|
-
|
Active fixed asset (II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total Active fixed asset (II)
|
Net
|
293 326 000
|
-5,5%
|
310 262 000
|
-11,7%
|
351 192 000
|
|
|
Gross
|
BJ
|
807 711 000
|
-8,3%
|
880 342 000
|
-1,4%
|
892 752 000
|
|
|
Amortisation
|
BK
|
514 385 000
|
-9,8%
|
570 080 000
|
5,3%
|
541 560 000
|
Intangilble fixed assets
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Start-up cost
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
AC
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
R & D expenses
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
CX
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
AE
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Distributorships, patents
|
Net
|
486 000
|
50,0%
|
324 000
|
-45,4%
|
593 000
|
|
|
Gross
|
AF
|
39 695 000
|
-14,8%
|
46 606 000
|
-1,6%
|
47 341 000
|
|
|
Amortisation
|
AG
|
39 209 000
|
-15,3%
|
46 282 000
|
-1,0%
|
46 748 000
|
|
 
|
Goodwill
|
Net
|
194 804 000
|
33,3%
|
146 175 000
|
-2,9%
|
150 595 000
|
|
|
Gross
|
AH
|
194 804 000
|
0%
|
194 804 000
|
0%
|
194 804 000
|
|
|
Amortisation
|
AI
|
48 629 000
|
0%
|
48 629 000
|
10,0%
|
44 209 000
|
|
 
|
Other intangible fixed assets
|
Net
|
31 000
|
-68,7%
|
99 000
|
-20,2%
|
124 000
|
|
|
Gross
|
AJ
|
71 000
|
-45,0%
|
129 000
|
-10,4%
|
144 000
|
|
|
Amortisation
|
AK
|
40 000
|
33,3%
|
30 000
|
50,0%
|
20 000
|
|
 
|
Pre-payments and downpayments
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AL
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
AM
|
0
|
0%
|
0
|
0%
|
0
|
|
Sub Total
Intangible Assets
|
Net
|
195 321 000
|
33,2%
|
146 598 000
|
-3,1%
|
151 312 000
|
Tangilble fixed assets
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Lands
|
Net
|
2 157 000
|
0,2%
|
2 152 000
|
0,9%
|
2 132 000
|
|
|
Gross
|
AN
|
2 999 000
|
0,5%
|
2 984 000
|
1,5%
|
2 940 000
|
|
|
Amortisation
|
AO
|
842 000
|
1,2%
|
832 000
|
3,0%
|
808 000
|
|
 
|
Buildings
|
Net
|
19 907 000
|
2,2%
|
19 471 000
|
12,9%
|
17 249 000
|
|
|
Gross
|
AP
|
101 157 000
|
2,5%
|
98 665 000
|
7,9%
|
91 432 000
|
|
|
Amortisation
|
AQ
|
81 250 000
|
2,6%
|
79 194 000
|
6,8%
|
74 183 000
|
|
 
|
Plant
|
Net
|
23 678 000
|
-7,9%
|
25 716 000
|
-20,4%
|
32 289 000
|
|
|
Gross
|
AR
|
246 675 000
|
-9,5%
|
272 553 000
|
-3,9%
|
283 688 000
|
|
|
Amortisation
|
AS
|
222 997 000
|
-9,7%
|
246 837 000
|
-1,8%
|
251 399 000
|
|
 
|
Other tangible fixed assets
|
Net
|
8 174 000
|
-5,2%
|
8 622 000
|
-17,7%
|
10 473 000
|
|
|
Gross
|
AT
|
53 598 000
|
-22,2%
|
68 869 000
|
-4,2%
|
71 910 000
|
|
|
Amortisation
|
AU
|
45 424 000
|
-24,6%
|
60 247 000
|
-1,9%
|
61 437 000
|
|
 
|
Fixed assets in construction
|
Net
|
3 381 000
|
-44,0%
|
6 042 000
|
-54,2%
|
13 194 000
|
|
|
Gross
|
AV
|
3 381 000
|
-44,0%
|
6 042 000
|
-54,2%
|
13 194 000
|
|
|
Amortisation
|
AW
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Advances and payments on account
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AX
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
AY
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total Tangible asset
|
Net
|
57 297 000
|
|
62 003 000
|
|
75 337 000
|
Financial assets
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Associates at equity
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
CS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
CT
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Other participations
|
Net
|
82 443 000
|
-15,4%
|
97 396 000
|
-18,3%
|
119 274 000
|
|
|
Gross
|
CU
|
148 778 000
|
-15,3%
|
175 622 000
|
1,8%
|
172 459 000
|
|
|
Amortisation
|
CV
|
66 335 000
|
-15,2%
|
78 226 000
|
47,1%
|
53 185 000
|
|
 
|
Inter-company receivables
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BC
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Other investment securities
|
Net
|
139 000
|
0%
|
139 000
|
0%
|
139 000
|
|
|
Gross
|
BD
|
5 616 000
|
0%
|
5 616 000
|
0%
|
5 616 000
|
|
|
Amortisation
|
BE
|
5 477 000
|
0%
|
5 477 000
|
0%
|
5 477 000
|
|
 
|
Loans
|
Net
|
1 806 000
|
-0,4%
|
1 814 000
|
-0,3%
|
1 820 000
|
|
|
Gross
|
BF
|
1 806 000
|
0%
|
1 814 000
|
0%
|
1 820 000
|
|
|
Amortisation
|
BG
|
0
|
|
0
|
|
0
|
|
 
|
Other financial assets
|
Net
|
4 949 000
|
114,1%
|
2 312 000
|
-30,2%
|
3 310 000
|
|
|
Gross
|
BH
|
9 131 000
|
37,6%
|
6 638 000
|
-10,3%
|
7 404 000
|
|
|
Amortisation
|
BI
|
4 182 000
|
-3,3%
|
4 326 000
|
5,7%
|
4 094 000
|
|
|
Sub Total Financial Assets
|
|
89 337 000
|
|
101 661 000
|
|
124 543 000
|
Current Assets (III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total
Assets
|
Net
|
1 919 110 000
|
-33,8%
|
2 898 135 000
|
21,4%
|
2 387 484 000
|
|
|
Gross
|
CJ
|
2 031 739 000
|
-32,7%
|
3 018 254 000
|
21,7%
|
2 480 844 000
|
|
|
Amortisation
|
CK
|
112 629 000
|
-6,2%
|
120 119 000
|
28,7%
|
93 360 000
|
Stocks
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Raw materials
|
Net
|
22 058 000
|
80,6%
|
12 216 000
|
16,1%
|
10 518 000
|
|
|
Gross
|
BL
|
43 516 000
|
-19,5%
|
54 028 000
|
23,9%
|
43 608 000
|
|
|
Amortisation
|
BM
|
21 458 000
|
-48,7%
|
41 812 000
|
26,4%
|
33 090 000
|
|
 
|
Work in progress
(goods)
|
Net
|
195 117 000
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BN
|
198 069 000
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BO
|
2 952 000
|
0%
|
0
|
0%
|
0
|
|
 
|
Work in progress
(services)
|
Net
|
0
|
0%
|
233 570 000
|
5,9%
|
220 490 000
|
|
|
Gross
|
BP
|
0
|
0%
|
240 423 000
|
3,8%
|
231 572 000
|
|
|
Amortisation
|
BQ
|
0
|
0%
|
6 853 000
|
-38,2%
|
11 082 000
|
|
 
|
Semi-finished and
finished products
|
Net
|
104 395 000
|
-33,3%
|
156 457 000
|
13,7%
|
137 649 000
|
|
|
Gross
|
BR
|
140 247 000
|
-10,4%
|
156 457 000
|
13,7%
|
137 649 000
|
|
|
Amortisation
|
BS
|
35 852 000
|
0%
|
0
|
0%
|
0
|
|
 
|
Goods for resale
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BU
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total
Stocks
|
Net
|
321 570 000
|
-20,1%
|
402 243 000
|
9,1%
|
368 657 000
|
Advance payments to suppliers
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Advance payments
to suppliers
|
Net
|
7 505 000
|
-27,8%
|
10 396 000
|
-56,2%
|
23 757 000
|
|
|
Gross
|
BV
|
7 505 000
|
-27,8%
|
10 396 000
|
-56,2%
|
23 757 000
|
|
|
Amortisation
|
BW
|
0
|
0%
|
0
|
0%
|
0
|
Debtors
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Trade accounts
receivable
|
Net
|
1 051 759 000
|
-34,4%
|
1 602 386 000
|
-1,8%
|
1 632 458 000
|
|
|
Gross
|
BX
|
1 103 186 000
|
-33,7%
|
1 664 489 000
|
-0,5%
|
1 672 164 000
|
|
|
Amortisation
|
BY
|
51 427 000
|
-17,2%
|
62 103 000
|
56,4%
|
39 706 000
|
|
 
|
Other debtors
|
Net
|
130 594 000
|
-46,0%
|
242 040 000
|
76,0%
|
137 548 000
|
|
|
Gross
|
BZ
|
131 534 000
|
-47,7%
|
251 391 000
|
71,0%
|
147 030 000
|
|
|
Amortisation
|
CA
|
940 000
|
-89,9%
|
9 351 000
|
-1,4%
|
9 482 000
|
|
 
|
Capital subscribed
and called up
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
CB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
CC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total
Debtors
|
Net
|
1 182 353 000
|
-35,9%
|
1 844 426 000
|
4,2%
|
1 770 006 000
|
Divers
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Investment
securities
|
Net
|
265 000
|
-90,6%
|
2 819 000
|
0%
|
0
|
|
|
Gross
|
CD
|
265 000
|
-90,6%
|
2 819 000
|
0%
|
0
|
|
|
Amortisation
|
CE
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Cash and cash
equivalents
|
Net
|
306 863 000
|
-42,2%
|
530 864 000
|
185,1%
|
186 176 000
|
|
|
Gross
|
CF
|
306 863 000
|
-42,2%
|
530 864 000
|
185,1%
|
186 176 000
|
|
|
Amortisation
|
CG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total
Divers
|
Net
|
307 128 000
|
-42,5%
|
533 683 000
|
186,7%
|
186 176 000
|
Prepaid expenses
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Prepaid
expenses
|
Net
|
100 554 000
|
-6,4%
|
107 387 000
|
176,1%
|
38 888 000
|
|
|
Gross
|
CH
|
100 554 000
|
-6,4%
|
107 387 000
|
176,1%
|
38 888 000
|
|
|
Amortisation
|
CI
|
0
|
0%
|
0
|
0%
|
0
|
Equalization accounts (IV to VI)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Multi-period
charges
|
CW3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
|
0
|
-
|
-
|
-
|
-
|
|
|
Premiums on
redemption of bonds
|
CM3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
|
0
|
-
|
-
|
-
|
-
|
|
|
Currency
differential gain
|
CN3
|
1 781 000
|
86,5%
|
955 000
|
-74,9%
|
3 810 000
|
|
|
Gross
|
|
1 781 000
|
-
|
-
|
-
|
-
|
References
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Due within one
year
|
CP
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Due after one year
|
CR
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
|
Accounts - Passive
Other capital resources | Provisions for risks and charges |
Liabilities | Translation loss | Equalization accounts |
References
Grand Total - Passive Accounts (I to IV)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Grand Total (I to V)
|
EE
|
3 264 199 000
|
-23,4%
|
4 259 334 000
|
12,3%
|
3 792 468 000
|
Shareholder Equity (I)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total shareholders' equity (Total I)
|
DL
|
-384 733 000
|
-710,0%
|
63 073 000
|
-88,7%
|
558 264 000
|
|
|
Equity and shareholders' equity
|
DA
|
38 858 000
|
0%
|
38 858 000
|
-97,7%
|
1 665 340 000
|
|
|
Issue and merger premiums
|
DB
|
643 000
|
0%
|
0
|
0%
|
0
|
|
|
Revaluation differentials
|
DC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which equity differential
|
EK
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Legal reserve
|
DD
|
7 983 000
|
0%
|
7 983 000
|
0%
|
7 983 000
|
|
|
Statutory or contractual reserve
|
DE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Special regulated reserves
|
DF
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which special reserve of provisions for current fluctuation
|
B1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other reserves
|
DG
|
33 223 000
|
-93,5%
|
511 423 000
|
1439,4%
|
33 223 000
|
|
|
Of which reserve for buying originals works from alive artists
|
EJ
|
0
|
|
0
|
0%
|
0
|
|
|
Profits or losses brought forward
|
DH
|
-16 991 000
|
0%
|
0
|
0%
|
-238 546 000
|
|
|
Profit or loss for the period
|
DI
|
-448 449 000
|
9,4%
|
-495 191 000
|
45,6%
|
-909 736 000
|
|
|
Investment grants
|
DJ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Special tax-allowable reserves
|
DK
|
0
|
0%
|
0
|
0%
|
0
|
Other capital resources (II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total other
capital resources (Total II)
|
DO
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Income from
participating securities
|
DM
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Conditional loans
|
DN
|
0
|
0%
|
0
|
0%
|
0
|
Provisions for risks and charges (III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total
provisions for risks and charges (Total III)
|
DR
|
653 428 000
|
-36,4%
|
1 028 133 000
|
-6,8%
|
1 103 404 000
|
|
|
Risk provisions
|
DP
|
0
|
0%
|
1 028 133 000
|
0%
|
0
|
|
|
Reserves for
charges
|
DQ
|
653 428 000
|
0%
|
0
|
0%
|
1 103 404 000
|
Liabilities (IV)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total Liabilities
(Total IV)
|
EC
|
2 995 504 000
|
-5,4%
|
3 168 128 000
|
48,7%
|
2 130 800 000
|
|
|
Convertible
debentures
|
DS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other debentures
|
DT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Bank loans and
liabilities
|
DU
|
1 800 074 000
|
4,8%
|
1 717 282 000
|
195,0%
|
582 165 000
|
|
|
Sundry loans and
financial liabilities
|
DV
|
1 161 000
|
1109,4%
|
96 000
|
-22,6%
|
124 000
|
|
|
Of which
participating loans
|
EI
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Advance payments
received for current orders
|
DW
|
128 455 000
|
-56,0%
|
292 232 000
|
40,2%
|
208 366 000
|
|
|
Trade accounts
payables
|
DX
|
668 771 000
|
-17,8%
|
814 012 000
|
-13,7%
|
943 461 000
|
|
|
Tax and social
security liabilities
|
DY
|
158 556 000
|
-22,5%
|
204 526 000
|
-11,5%
|
231 191 000
|
|
|
Fixed asset
liabilities
|
DZ
|
5 574 000
|
-47,7%
|
10 654 000
|
-21,9%
|
13 637 000
|
|
|
Other debts
|
EA
|
27 290 000
|
-37,6%
|
43 736 000
|
-38,0%
|
70 486 000
|
Translation loss (V)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Translation
loss (Total V)
|
ED
|
0
|
0%
|
0
|
0%
|
0
|
Equalization accounts
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Deferred
income
|
EB
|
205 623 000
|
140,2%
|
85 590 000
|
5,2%
|
81 370 000
|
References
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Of which
tax-allowable reserve
|
EF
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Deferred income
and liabilities
|
EG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which current
bank facilities
|
EH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
|
Result account
Sales of Goods | Operating charges | Operating charges |
Financial income | Financial charges | Financial charges |
Extraordinary charges | Employee profit sharing | Tax on
profits | References
1- Operating result (I-II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Operating result (Total I-II)
|
GG
|
-353 350 000
|
17,7%
|
-429 568 000
|
29,8%
|
-611 766 000
|
2 - Financial result (V - VI)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Financial result (Total V-VI)
|
GV
|
-73 625 000
|
-578,1%
|
15 401 000
|
-72,6%
|
56 184 000
|
3 - Pre-tax net operating income result (I - VI)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Pre-tax net operating income (Total I-II+II-IV+V-VI)
|
GW
|
-426 975 000
|
-3,1%
|
-414 167 000
|
25,5%
|
-555 582 000
|
4 - Extraordinary result (VII-VIII)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Extraordinary result (Total VII-VIII)
|
HI
|
-57 891 000
|
46,5%
|
-108 175 000
|
70,7%
|
-369 268 000
|
Profit or loss
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Profit or loss
|
HN
|
-448 449 000
|
9,4%
|
-495 191 000
|
45,6%
|
-909 736 000
|
Total Income (I+III+V+VII)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Total Income (I+III+V+VII)
|
HL
|
3 902 442 000
|
-14,0%
|
4 538 523 000
|
1,6%
|
4 465 071 000
|
Total charges (Total II+IV+VI+VIII+IX+X)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Total charges (Total II+IV+VI+VIII+IX+X)
|
HM
|
4 350 891 000
|
-13,6%
|
5 033 713 000
|
-6,3%
|
5 374 807 000
|
Operating income (I)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Total operating income (Total I)
|
FR
|
3 757 048 000
|
-13,8%
|
4 360 536 000
|
1,9%
|
4 277 885 000
|
Operating income (details)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Sale of goods for resale
|
FC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
France
|
FA
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Export
|
FB
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Sale of goods produced
|
FF
|
0
|
0%
|
0
|
0%
|
0
|
|
|
France
|
FD
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Export
|
FE
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Sale of services
|
FI
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
|
|
France
|
FG
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
|
|
Export
|
FH
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Net turnover
|
FL
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
|
|
France
|
FJ
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
|
|
Export
|
FK
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Stocked production
|
FM
|
100 458 000
|
-26,8%
|
137 194 000
|
-4,5%
|
143 629 000
|
|
|
Self-constructed assets
|
FN
|
3 092 000
|
-45,5%
|
5 676 000
|
-14,6%
|
6 645 000
|
|
|
Operating grants
|
FO
|
2 343 000
|
-34,0%
|
3 551 000
|
-34,3%
|
5 401 000
|
|
|
Release of reserves and provisions
|
FP
|
913 125 000
|
-6,6%
|
977 501 000
|
-2,3%
|
1 000 789 000
|
|
|
Other income
|
FQ
|
116 844 000
|
-47,1%
|
220 969 000
|
24,2%
|
177 945 000
|
Operating charges (II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Total operating charges (Total II)
|
GF
|
4 110 398 000
|
-14,2%
|
4 790 104 000
|
-2,0%
|
4 889 651 000
|
Exploitation charges
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Purchase of goods for resale
|
FS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Change in stocks of goods for resale
|
FT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Purchase of raw materials
|
FU
|
852 899 000
|
-26,4%
|
1 158 697 000
|
-9,9%
|
1 286 277 000
|
|
|
Change in stocks of raw materials
|
FV
|
152 852 000
|
49,0%
|
102 615 000
|
2,0%
|
100 606 000
|
|
|
Other external purchases and charges
|
FW
|
1 653 815 000
|
2,1%
|
1 620 235 000
|
7,8%
|
1 503 658 000
|
|
|
Tax, duty and similar payments
|
FX
|
48 101 000
|
-32,9%
|
71 681 000
|
17,5%
|
61 018 000
|
|
|
Payroll
|
FY
|
462 359 000
|
-21,7%
|
590 219 000
|
5,8%
|
557 986 000
|
|
|
Social security costs
|
FZ
|
201 636 000
|
-8,6%
|
220 500 000
|
-7,2%
|
237 616 000
|
Depreciation
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Depreciation of fixed assets
|
GA
|
24 956 000
|
-14,7%
|
29 262 000
|
-16,4%
|
35 020 000
|
|
|
Amortisation of fixed assets
|
GB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Depreciation/amortisation of current assets
|
GC
|
79 418 000
|
14,7%
|
69 230 000
|
91,1%
|
36 225 000
|
|
|
Provisions for risks and charges
|
GD
|
378 929 000
|
-42,4%
|
658 262 000
|
-21,6%
|
839 803 000
|
Other charges
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Other charges
|
GE
|
255 433 000
|
-5,2%
|
269 403 000
|
16,4%
|
231 442 000
|
Operating charges (III-IV)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Share of joint-venture transferred to other partner(s) (Total III)
|
GH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Share of joint venture transferred from other partner(s) (Total
IV)
|
GI
|
0
|
0%
|
0
|
0%
|
0
|
Financial income (V)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total financial income (Total V)
|
GP
|
84 166 000
|
-34,6%
|
128 746 000
|
15,4%
|
111 611 000
|
|
|
Share financial income
|
GJ
|
1 074 000
|
-96,1%
|
27 763 000
|
-52,5%
|
58 462 000
|
|
|
Other investment income & capitalised receivables
|
GK
|
200 000
|
-50,1%
|
401 000
|
9,9%
|
365 000
|
|
|
Other interest and similar income
|
GL
|
10 564 000
|
-12,2%
|
12 026 000
|
19,8%
|
10 040 000
|
|
|
Released provisions and transferred charges
|
GM
|
29 601 000
|
212,3%
|
9 479 000
|
-57,6%
|
22 347 000
|
|
|
Exchange gains
|
GN
|
42 727 000
|
-46,0%
|
79 077 000
|
287,7%
|
20 397 000
|
|
|
Net income from disposal of investment securities
|
GO
|
0
|
0%
|
0
|
0%
|
0
|
Financial Charge (VI)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total financial charge (Total VI)
|
GU
|
157 791 000
|
39,2%
|
113 345 000
|
104,5%
|
55 427 000
|
|
|
Financial reserves and provisions
|
GQ
|
31 190 000
|
-11,6%
|
35 277 000
|
155,9%
|
13 786 000
|
|
|
Interest and similar charges
|
GR
|
49 147 000
|
-13,9%
|
57 094 000
|
67,0%
|
34 190 000
|
|
|
Exchange losses
|
GS
|
77 454 000
|
269,3%
|
20 974 000
|
181,5%
|
7 451 000
|
|
|
Net loss from disposal of investment securities
|
GT
|
0
|
0%
|
0
|
0%
|
0
|
Financial Charge (VII)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total extraordinary income (Total VII)
|
HD
|
61 228 000
|
24,3%
|
49 241 000
|
-34,8%
|
75 575 000
|
|
|
Extraordinary operating income
|
HA
|
10 830 000
|
55,3%
|
6 975 000
|
-61,9%
|
18 312 000
|
|
|
Extraordinary income from capital transactions
|
HB
|
700 000
|
-74,1%
|
2 702 000
|
-89,1%
|
24 823 000
|
|
|
Released provisions and transferred charges
|
HC
|
49 698 000
|
25,6%
|
39 564 000
|
22,0%
|
32 440 000
|
Extraordinary charges (VIII)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total extraordinary charges (Total VIII)
|
HH
|
119 119 000
|
-24,3%
|
157 416 000
|
-64,6%
|
444 843 000
|
|
|
Extraordinary operating charges
|
HE
|
73 376 000
|
-41,5%
|
125 478 000
|
-61,4%
|
325 082 000
|
|
|
Extraordinary charges from capital transactions
|
HF
|
9 243 000
|
96,9%
|
4 694 000
|
-87,9%
|
38 867 000
|
|
|
Extraordinary reserves and provisions
|
HG
|
36 500 000
|
34,0%
|
27 244 000
|
-66,3%
|
80 894 000
|
Employee profit sharing (IX)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Employee profit sharing (Total IX)
|
HJ
|
0
|
0%
|
0
|
0%
|
0
|
Tax on profits (X)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Tax on profits (Total X)
|
HK
|
-36 417 000
|
-34,1%
|
-27 151 000
|
-79,6%
|
-15 114 000
|
References
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Of which equipment leases
|
HP
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which property leases
|
HQ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which transferred charges
|
A1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which trader's own contributions
|
A2
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which royalties on licences and patents (income)
|
A3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which royalties on licences and patents (charges)
|
A4
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
|
Other incomer tax return forms
Reserve for depreciation | Provisions included in balance sheet |
State deadlines claims and debts at the end of period
Table allocation results and other information
Fixed Assets
Grand Total Fixed Assets (I to IV)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Gross value at begin of period
|
OG
|
0
|
0%
|
892 752 000
|
1,0%
|
884 010 000
|
|
|
Increasess due to revaluation
|
OH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess, acquisitions, creations, contributions
|
OJ
|
0
|
0%
|
18 585 000
|
-91,9%
|
229 878 000
|
|
|
Decreasess by budget item transfer
|
OK1
|
44 000
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
OK2
|
70 076 000
|
126,1%
|
30 996 000
|
-86,0%
|
221 136 000
|
|
|
Gross value at the end of period
|
OL
|
807 710 000
|
-8,3%
|
880 342 000
|
-1,4%
|
892 752 000
|
Research and development Charge (Total I)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Gross value at begin of period
|
CZ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess due to revaluation
|
KB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
KC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by budget item transfer
|
C01
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
C02
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross value at the end of period
|
D0
|
0
|
0%
|
0
|
0%
|
0
|
Other budget item from Intangible fixed assets (Total II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Gross value at begin of period
|
KD
|
241 539 000
|
-0,3%
|
242 289 000
|
24,8%
|
194 133 000
|
|
|
Increasess due to revaluation
|
KE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
KF
|
1 032 000
|
616,7%
|
144 000
|
-99,8%
|
58 834 000
|
|
|
Decreasess by budget item transfer
|
LV1
|
47 000
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
LV2
|
7 954 000
|
789,7%
|
894 000
|
-91,6%
|
10 678 000
|
|
|
Gross value at the end of period
|
LW
|
234 570 000
|
-2,9%
|
241 539 000
|
-0,3%
|
242 289 000
|
Tangible fixed assets (Total III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Gross value at begin of period
|
LN
|
449 113 000
|
-3,0%
|
463 164 000
|
1,1%
|
458 054 000
|
|
|
Increasess due to revaluation
|
LO
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
LP
|
20 092 000
|
34,3%
|
14 957 000
|
-90,3%
|
154 069 000
|
|
|
Decreasess by budget item transfer
|
NG1
|
-3 000
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
NG2
|
61 398 000
|
111,7%
|
29 009 000
|
-80,5%
|
148 959 000
|
|
|
Gross value at the end of period
|
NH
|
407 810 000
|
-9,2%
|
449 113 000
|
-3,0%
|
463 164 000
|
Fiancial assets (Total IV)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Gross value at begin of period
|
LQ
|
189 690 000
|
1,3%
|
187 299 000
|
-19,2%
|
231 823 000
|
|
|
Increasess due to revaluation
|
LR
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
LS
|
-23 636 000
|
-778,4%
|
3 484 000
|
-79,5%
|
16 975 000
|
|
|
Decreasess by budget item transfer
|
NJ1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
NJ2
|
724 000
|
-33,8%
|
1 093 000
|
-98,2%
|
61 499 000
|
|
|
Gross value at the end of period
|
NK
|
165 330 000
|
-12,8%
|
189 690 000
|
1,3%
|
187 299 000
|
Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Reserve for
depreciation value at begin of period
|
0N
|
0
|
0%
|
436 440 000
|
-1,2%
|
441 768 000
|
|
Increases
|
0P
|
0
|
0%
|
17 957 000
|
-44,1%
|
32 120 000
|
|
Decreasess
|
0Q
|
0
|
0%
|
29 366 000
|
-78,7%
|
137 782 000
|
|
|
Reserve for
depreciation value at the end of period
|
0R
|
0
|
0%
|
425 031 000
|
-2,6%
|
436 439 000
|
Research and development charge (Total I)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Reserve for
depreciation value at begin of period
|
CY
|
0
|
0%
|
0
|
0%
|
0
|
|
Increases
|
PB
|
0
|
0%
|
0
|
0%
|
0
|
|
Decreasess
|
PC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess
by budget item transfer
|
PD
|
0
|
0%
|
0
|
0%
|
0
|
Other intangible assets (Total II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Reserve for
depreciation value at begin of period
|
PE
|
48 910 000
|
-1,1%
|
49 465 000
|
-8,3%
|
53 913 000
|
|
Increases
|
PF
|
990 000
|
208,4%
|
321 000
|
-92,7%
|
4 394 000
|
|
Decreasess
|
PG
|
7 924 000
|
804,6%
|
876 000
|
-90,5%
|
9 236 000
|
|
|
Decreasess
by budget item transfer
|
PH
|
41 976 000
|
-14,2%
|
48 910 000
|
-1,1%
|
49 464 000
|
Total fixed assets amotisation (Total III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Reserve for
depreciation value at begin of period
|
QU
|
376 121 000
|
-2,8%
|
386 975 000
|
-0,2%
|
387 855 000
|
|
Increases
|
QV
|
30 566 000
|
73,3%
|
17 636 000
|
-36,4%
|
27 726 000
|
|
Decreases
|
QW
|
61 063 000
|
114,3%
|
28 490 000
|
-77,8%
|
128 546 000
|
|
|
Decreasess
by budget item transfer
|
QX
|
345 624 000
|
-8,1%
|
376 121 000
|
-2,8%
|
386 975 000
|
Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Gross value
at begin of period
|
Z91
|
0
|
0%
|
0
|
0%
|
0
|
|
Increases
|
Z92
|
0
|
0%
|
0
|
0%
|
0
|
|
Depreciation of fixed assets during period
|
Z9
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess
by budget item transfer
|
B1
|
0
|
0%
|
0
|
0%
|
0
|
Premium refund of obligations
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Net value
at begining of period
|
SP1
|
0
|
0%
|
0
|
0%
|
0
|
|
Increases
|
SP2
|
0
|
0%
|
0
|
0%
|
0
|
|
Depreciation of fixed assets during period
|
SP
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Net value
at the end of period
|
SR
|
0
|
0%
|
0
|
0%
|
0
|
Provisions included in balance sheet
Grand Total (I-II-III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Value at
begining of period
|
7C
|
1 116 162 000
|
-8,2%
|
1 215 348 000
|
20,3%
|
1 009 900 000
|
|
Increases
|
UB
|
445 752 000
|
-47,2%
|
844 326 000
|
-10,5%
|
943 296 000
|
|
Decreases
|
UC
|
832 491 000
|
-4,5%
|
872 058 000
|
23,3%
|
707 392 000
|
|
|
Value at
the end of period
|
UD
|
729 423 000
|
-38,6%
|
1 187 616 000
|
-5,6%
|
1 257 713 000
|
Includes Total allocations
|
|
Operating
|
UE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Financial
|
UG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Exceptional
|
UJ
|
0
|
0%
|
0
|
0%
|
0
|
Includes Total
Withdrawal
|
|
Operating
|
UF
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Financial
|
UH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Exceptional
|
UK
|
0
|
0%
|
0
|
0%
|
0
|
Total regulated provisions (Total I)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Value at
begining of period
|
3Z
|
0
|
0%
|
0
|
0%
|
0
|
|
Increases
|
TS
|
0
|
0%
|
0
|
0%
|
0
|
|
Decreases
|
TT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Value at
the end of period
|
TU
|
0
|
0%
|
0
|
0%
|
0
|
Total risk and charge provisions (Total II)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Value at
begining of period
|
5Z
|
1 028 133 000
|
-6,8%
|
1 103 404 000
|
23,8%
|
891 306 000
|
|
Increases
|
TV
|
428 883 000
|
-44,9%
|
778 980 000
|
-12,5%
|
890 697 000
|
|
Decreases
|
TW
|
803 588 000
|
-5,9%
|
854 251 000
|
23,8%
|
689 917 000
|
|
|
Value at
the end of period
|
TX
|
653 428 000
|
-36,4%
|
1 028 133 000
|
-6,8%
|
1 103 404 000
|
Total Provision for depreciation (Total III)
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Value at
begining of period
|
7B
|
88 029 000
|
-21,4%
|
111 944 000
|
-5,6%
|
118 594 000
|
|
Increases
|
TY
|
16 869 000
|
-74,2%
|
65 346 000
|
24,2%
|
52 599 000
|
|
Decreases
|
TZ
|
28 903 000
|
62,3%
|
17 807 000
|
1,9%
|
17 475 000
|
|
|
Value at
the end of period
|
UA
|
75 995 000
|
-52,3%
|
159 483 000
|
3,4%
|
154 309 000
|
State deadlines claims and debts at the end of
period
State claims
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Gross value
|
VT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
1 year at most
|
VU
|
0
|
0%
|
0
|
0%
|
0
|
|
|
More than one year
|
VV
|
0
|
0%
|
0
|
0%
|
0
|
State of loans
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Claims related to
holdings (gross)
|
UL
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Claims related to
shareholdings (1 year at most)
|
UM
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Loans (gross)
|
UP
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Loans (1 year at
most)
|
UR
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other financial
assets (gross)
|
UT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other financial
assets (1 year at most)
|
UV
|
0
|
0%
|
0
|
0%
|
0
|
Receivables statement of assets
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Customers doubtful
or disputed
|
VA
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other claims
customer
|
UX
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Receivables
represent Loaned Securities
|
UU
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Provision for
depreciation previously established
|
UQ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Personnel and
associated accounts
|
UY
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Social Security
and other social organizations
|
UZ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Income taxes
|
VM
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Value added tax
|
VB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other taxes and
payments assimilated
|
VN
|
0
|
0%
|
0
|
0%
|
0
|
|
|
State and other
public - Miscellaneous
|
VP
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Group and
Associates
|
VC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Accounts
receivable (including claims relating to the operation of pension titles)
|
VR
|
0
|
0%
|
0
|
0%
|
0
|
Prepaid
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Prepaid
|
VS
|
0
|
0%
|
0
|
0%
|
0
|
State Debt
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Total debt (gross)
|
VY
|
2 789 881 000
|
-9,5%
|
3 082 538 000
|
50,4%
|
2 049 429 000
|
|
1 year at most
|
VZ2
|
359 000
|
-100,0%
|
3 082 442 000
|
50,4%
|
2 049 429 000
|
|
More than 1 year and 5 years at most
|
VZ3
|
2 789 522 000
|
0%
|
0
|
0%
|
0
|
|
More than 5 years
|
VZ4
|
0
|
0%
|
0
|
0%
|
0
|
Details
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
 
|
Convertible
bonds (gross)
|
7Y1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
7Y2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
7Y3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Other bonds
(gross)
|
7Z1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
7Z2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
7Z3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Borrowing
& debts to 1 year maximum at the origin (gross)
|
VG1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VG2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
VG3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Borrowing
& debts to more than 1 year at the origin (gross)
|
VH1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VH2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
VH3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Loans and
various financial liabilities (gross)
|
8A1
|
1 801 234 000
|
4,9%
|
1 717 378 000
|
194,9%
|
582 288 000
|
|
1 year at most
|
8A2
|
358 000
|
-100,0%
|
1 717 282 000
|
194,9%
|
582 288 000
|
|
More than 1 year and 5 years at most
|
8A3
|
1 800 876 000
|
0%
|
0
|
0%
|
0
|
|
 
|
Suppliers
and associated accounts (gross)
|
8B1
|
668 771 000
|
-17,8%
|
814 012 000
|
-13,7%
|
943 461 000
|
|
1 year at most
|
8B2
|
668 771 000
|
-17,8%
|
814 012 000
|
-13,7%
|
943 461 000
|
|
More than 1 year and 5 years at most
|
8B3
|
668 771 000
|
0%
|
0
|
0%
|
0
|
|
 
|
Personnel
and associated accounts (gross)
|
8C1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
8C2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
8C3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Social
Security and other social organizations (gross)
|
8D1
|
158 556 000
|
-22,5%
|
204 526 000
|
-11,5%
|
231 192 000
|
|
1 year at most
|
8D2
|
0
|
0%
|
204 526 000
|
-11,5%
|
231 192 000
|
|
More than 1 year and 5 years at most
|
8D3
|
158 556 000
|
0%
|
0
|
0%
|
0
|
|
 
|
Taxes on
profits (gross)
|
8E1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
8E2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
8E3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
VAT (gross)
|
VW1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VW2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
VW3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Backed
Obligations (gross)
|
VX1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VX2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
VX3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Other taxes
and assimilated (gross)
|
VQ1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VQ2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
VQ3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Assets and
liabilities associated accounts (gross)
|
8J1
|
5 574 000
|
-47,7%
|
10 654 000
|
-21,9%
|
13 637 000
|
|
1 year at most
|
8J2
|
0
|
0%
|
10 654 000
|
-21,9%
|
13 637 000
|
|
More than 1 year and 5 years at most
|
8J3
|
5 574 000
|
0%
|
0
|
0%
|
0
|
|
More than 5 years
|
8J4
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Groups and
associates (gross)
|
VI1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VI2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
VI3
|
0
|
0%
|
0
|
0%
|
0
|
|
More 5 years
|
VI4
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Other
liabilities (gross)
|
8K1
|
155 745 000
|
-53,6%
|
335 968 000
|
20,5%
|
278 851 000
|
|
1 year at most
|
8K2
|
0
|
0%
|
335 968 000
|
20,5%
|
278 851 000
|
|
More than 1 year and 5 years at most
|
8K3
|
155 745 000
|
0%
|
0
|
0%
|
0
|
|
 
|
Debt
representative of borrowed securities (gross)
|
SZ1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
SZ2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
SZ3
|
0
|
0%
|
0
|
0%
|
0
|
|
 
|
Products in
advance (gross)
|
8L1
|
0
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
8L2
|
0
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
8L3
|
0
|
0%
|
0
|
0%
|
0
|
References
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Loans made during
the period
|
VJ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Debt repaid during
the period
|
VK
|
0
|
0%
|
0
|
0%
|
0
|
Table allocation results and other information
Dividends distributed
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Dividends
|
ZE
|
0
|
0%
|
0
|
0%
|
0
|
Commitments
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Commitments
leasing furniture
|
YQ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Commitments
Real Estate Leasing
|
YR
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Effects
brought to the discount and unmatured
|
YS
|
0
|
0%
|
0
|
0%
|
0
|
Other charges Externes
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Subcontracting
|
YT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Rentals,
rental charges and condominiums
|
XQ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Staff
outside the company
|
YU
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Remuneration
intermediaries and fees (excluding fees)
|
SS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Fees,
commissions and brokerage
|
YV
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other
accounts
|
ST
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Total Other
purchases and external
|
ZJ
|
0
|
0%
|
0
|
0%
|
0
|
Taxes and Fees
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Business
tax
|
YW
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other taxes
and payments assimilated
|
9Z
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Total taxes
and fees
|
YX
|
0
|
0%
|
0
|
0%
|
0
|
VAT
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Amount VAT
collected
|
YY
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Total VAT
on goods and services
|
YZ
|
0
|
0%
|
0
|
0%
|
0
|
Average number of employees
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Average
number of employees
|
YP
|
6 804
|
-12,0%
|
7 736
|
-11,4%
|
8 727
|
Groups and Shareholders
|
|
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
|
|
Groups and
Shareholders
|
ZR
|
0
|
-
|
0
|
-
|
-
|
|
|
|
|
Ratios
Structure and liquidity | Management or rotation | Profitability
of the business | Return on capital
Structure and Liquidity
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Avg sector 2009
|
|
|
Fixed Asset
Financing
|
|
1,90
|
-28,3%
|
2,65
|
36,6%
|
1,94
|
5,77
|
-67,1%
|
|
Global Debt
|
|
411 days
|
8,7%
|
378 days
|
44,8%
|
261 days
|
807,19 days
|
-49,1%
|
|
Working Capital
Fund overall net
|
|
100 days
|
-42,2%
|
173 days
|
68,0%
|
103 days
|
281,05 days
|
-64,4%
|
|
Financial
independence
|
|
-79,70%
|
-38,7%
|
-57,47%
|
32,0%
|
-84,46%
|
137229,54%
|
-100,1%
|
|
 More ratios
|
|
Solvability
|
|
-11,79%
|
-896,6%
|
1,48%
|
-89,9%
|
14,72%
|
32,81%
|
-135,9%
|
|
Capacity debt
futures
|
|
%
|
-
|
%
|
-
|
%
|
92480,50%
|
-
|
|
Coverage of
current assets by net working capital overall
|
|
37,62%
|
-24,3%
|
49,71%
|
44,0%
|
34,51%
|
39,21%
|
-4,1%
|
|
General Liquidity
|
|
0
|
0%
|
0
|
0%
|
0
|
4,18
|
0%
|
|
Restricted
Liquidity
|
|
855,51
|
503141,2%
|
0,17
|
88,9%
|
0,09
|
9,56
|
8848,8%
|
Management or
rotation
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average 2009
|
|
|
Need background in
operating working capital
|
|
72 days
|
-32,1%
|
106 days
|
24,7%
|
85 days
|
67,90 days
|
6,0%
|
|
Treasury
|
|
42 days
|
-34,4%
|
64 days
|
178,3%
|
23 days
|
163,93 days
|
-74,4%
|
|
Inventory turnover
of goods
|
|
days
|
-
|
days
|
-
|
days
|
70572,38 days
|
-
|
|
Average length of
credit granted to customers
|
|
152 days
|
-23,6%
|
199 days
|
-2,9%
|
205 days
|
105,63 days
|
43,9%
|
|
Average length of
credit obtained suppliers
|
|
91 days
|
-10,8%
|
102 days
|
-13,6%
|
118 days
|
286,28 days
|
-68,2%
|
|
 More ratios
|
|
Inventory turnover
of raw materials in industrial enterprises
|
|
18 days
|
5,9%
|
17 days
|
41,7%
|
12 days
|
630,92 days
|
-97,1%
|
|
Inventory turnover
of intermediate and finished products in the industrial enterprise
|
|
days
|
-
|
days
|
-
|
days
|
939,11 days
|
-
|
|
Rotation tangible
assets
|
|
642,75%
|
-4,3%
|
671,47%
|
5,7%
|
635,51%
|
1376,08%
|
-53,3%
|
Profitability
of the business
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average 2009
|
|
|
Margin trading
|
|
0%
|
0%
|
0%
|
0%
|
0
|
7,56%
|
0%
|
|
Profitability of
the business
|
|
-24,59
|
-23,2%
|
-19,96
|
9,4%
|
-22,02
|
-60,46%
|
59,3%
|
|
Net profit
|
|
-17,11%
|
-4,2%
|
-16,42%
|
46,9%
|
-30,91%
|
-52,58%
|
67,5%
|
|
 More ratios
|
|
Growth rate of
turnover (excluding VAT)
|
|
-13,08%
|
-633,9%
|
2,45%
|
157,5%
|
-4,26%
|
0,91%
|
-1537,4%
|
|
Rates integration
|
|
2,49%
|
-72,9%
|
9,18%
|
33,0%
|
6,90%
|
6,69%
|
-62,8%
|
|
Rate leasing
furniture
|
|
0%
|
0%
|
0%
|
0%
|
0%
|
0,52%
|
0%
|
|
Work Factor
|
|
1018,87%
|
248,1%
|
292,71%
|
-25,2%
|
391,52%
|
97,18%
|
948,4%
|
|
Weight interests
|
|
6,02
|
60,1%
|
3,76%
|
100%
|
1,88%
|
2,47%
|
143,7%
|
Return on capital
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average 2009
|
|
|
Cash flow from the
overall profitability
|
|
-13,25%
|
0,5%
|
-13,31%
|
48,8%
|
-26,02%
|
-38,73%
|
65,8%
|
|
Rates of economic
profitability
|
|
-46%
|
-35,3%
|
-34%
|
40,4%
|
-57%
|
70,39%
|
-165,4%
|
|
Financial
profitability
|
|
-1434715000%
|
-45,4%
|
-986909000%
|
-100,7%
|
-491718000%
|
-1477512,42%
|
-97003,4%
|
|
Return on
investment
|
|
-20,52%
|
4,3%
|
-21,45%
|
71,4%
|
-74,90%
|
27,74%
|
-174,0%
|
|
|
|
|
Soldes Intermédiaires de Gestion
|
|
31/12/2009
|
|
31/12/2008
|
|
31/12/2007
|
Sector Average
2009
|
|
|
Turnover
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
17 968 481
€
|
14487,7%
|
|
Sales of goods
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
- Purchase of goods
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
+/- Stock of goods variation
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
Trading margin
|
0 €
|
0%
|
0 €
|
0%
|
0 €
|
544275,46 €
|
0%
|
|
|
0,00 % CA
|
0%
|
0,00 % CA
|
0%
|
0,00 % CA
|
8,44 % CA
|
0%
|
|
Sale of goods produced
|
2 621 186 000
|
-13,1%
|
3 015 645 000
|
2,5%
|
2 943 476 000
|
|
|
|
+/- Stocked production
|
100 458 000
|
-26,8%
|
137 194 000
|
-4,5%
|
143 629 000
|
|
|
|
+ Self-constructed assets
|
3 092 000
|
-45,5%
|
5 676 000
|
-14,6%
|
6 645 000
|
|
|
|
Period production
|
2 724 736 000
€
|
-13,7%
|
3 158 515 000
€
|
2,1%
|
3 093 750 000
€
|
16838166,58
€
|
16081,9%
|
|
|
103,95 % CA
|
-0,8%
|
104,74 % CA
|
-0,4%
|
105,11 % CA
|
82,64 % CA
|
25,8%
|
|
Trading margin
|
0
|
0%
|
0
|
0%
|
0
|
544275,46
|
0%
|
|
+ Period Production
|
2 724 736 000
|
-13,7%
|
3 158 515 000
|
2,1%
|
3 093 750 000
|
16838166,58
|
16081,9%
|
|
- Purchase of raw materials
|
852 899 000
|
-26,4%
|
1 158 697 000
|
-9,9%
|
1 286 277 000
|
|
|
|
+/- Change in stocks of raw materiels
|
152 852 000
|
49,0%
|
102 615 000
|
2,0%
|
100 606 000
|
|
|
|
- Other external purchases and charges
|
1 653 815 000
|
2,1%
|
1 620 235 000
|
7,8%
|
1 503 658 000
|
|
|
|
Added value
|
65 170 000
€
|
-76,5%
|
276 968 000
€
|
36,3%
|
203 209 000
€
|
3359115,92 €
|
1840,1%
|
|
|
2,49 % CA
|
-72,9%
|
9,18 % CA
|
33,0%
|
6,90 % CA
|
6,69 % CA
|
-62,8%
|
|
Added value
|
65 170 000
€
|
-76,5%
|
276 968 000
€
|
36,3%
|
203 209 000
€
|
3359115,92 €
|
1840,1%
|
|
+ Operating grants
|
2 343 000
|
-34,0%
|
3 551 000
|
-34,3%
|
5 401 000
|
|
|
|
- Tax, duty and similar payments
|
48 101 000
|
-32,9%
|
71 681 000
|
17,5%
|
61 018 000
|
|
|
|
- Personal charges
|
663 995 000
|
-18,1%
|
810 719 000
|
1,9%
|
795 602 000
|
|
|
|
Gross operating surplus
|
-644 583 000
€
|
-7,1%
|
-601 881 000
€
|
7,1%
|
-648 010 000
€
|
-1683943,28
€
|
-38178,2%
|
|
|
-24,59 % CA
|
-23,2%
|
-19,96 % CA
|
9,4%
|
-22,02 % CA
|
-60,46 % CA
|
59,3%
|
|
Gross operating surplus
|
-644 583 000
€
|
-7,1%
|
-601 881 000
€
|
7,1%
|
-648 010 000
€
|
-1683943,28
€
|
-38178,2%
|
|
+ Release of reserves and provisions
|
913 125 000
|
-6,6%
|
977 501 000
|
-2,3%
|
1 000 789 000
|
|
|
|
+ Other operating income
|
116 844 000
|
-47,1%
|
220 969 000
|
24,2%
|
177 945 000
|
|
|
|
- Depreciation/Amortisation
|
483 303 000
|
-36,1%
|
756 754 000
|
-16,9%
|
911 048 000
|
|
|
|
- Other charges
|
255 433 000
|
-5,2%
|
269 403 000
|
16,4%
|
231 442 000
|
|
|
|
Operating result
|
-353 350 000
€
|
17,7%
|
-429 568 000
€
|
29,8%
|
-611 766 000
€
|
-749868,66 €
|
-47021,6%
|
|
|
-24,59 % CA
|
-23,2%
|
-19,96 % CA
|
9,4%
|
-22,02 % CA
|
-61,79 % CA
|
60,2%
|
|
Operating result
|
-353 350 000
€
|
17,7%
|
-429 568 000
€
|
29,8%
|
-611 766 000
€
|
-749868,66 €
|
-47021,6%
|
|
+/- Result of joint-venture transferred from/to other partners
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
+ Financial income
|
84 166 000
|
-34,6%
|
128 746 000
|
15,4%
|
111 611 000
|
|
|
|
- Financial charges
|
157 791 000
|
39,2%
|
113 345 000
|
104,5%
|
55 427 000
|
|
|
|
Pre-tax result
|
-426 975 000
€
|
-3,1%
|
-414 167 000
€
|
25,5%
|
-555 582 000
€
|
-908346,25 €
|
-46905,8%
|
|
|
-16,29 % CA
|
-18,6%
|
-13,73 % CA
|
27,3%
|
-18,88 % CA
|
-105,41 % CA
|
84,5%
|
|
Extraordinary income
|
61 228 000
|
24,3%
|
49 241 000
|
-34,8%
|
75 575 000
|
367759,49
|
16548,9%
|
|
- Extraordinary charges
|
119 119 000
|
-24,3%
|
157 416 000
|
-64,6%
|
444 843 000
|
|
|
|
Extraordinary result
|
-57 891 000
€
|
46,5%
|
-108 175 000
€
|
70,7%
|
-369 268 000
€
|
-373805,48 €
|
-15386,9%
|
|
|
-2,21 % CA
|
38,4%
|
-3,59 % CA
|
71,4%
|
-13 % CA
|
-11,28 % CA
|
80,4%
|
|
Pre-tax result
|
-426 975 000
€
|
-3,1%
|
-414 167 000
€
|
25,5%
|
-555 582 000
€
|
-908346,25 €
|
-46905,8%
|
|
Extraordinary result
|
-57 891 000
€
|
46,5%
|
-108 175 000
€
|
70,7%
|
-369 268 000
€
|
-373805,48 €
|
-15386,9%
|
|
- Employee profit sharing
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
- Tax on profits
|
-36 417 000
|
-34,1%
|
-27 151 000
|
-79,6%
|
-15 114 000
|
|
|
|
Net result
|
-448 449 000
€
|
9,4%
|
-495 191 000
€
|
45,6%
|
-909 736 000
€
|
-1153714,65
€
|
-38770,0%
|
|
|
-17,11 % CA
|
-4,2%
|
-16,42 % CA
|
46,9%
|
-30,91 % CA
|
-99,38 % CA
|
82,8%
|
|
|
|
|