|
Active Account | Passive Account | Account
Results
|
|
Synthesized Accounts
|
Annual
Accounts
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
|
Account
period (month)
|
12
|
|
12
|
|
12
|
|
|
|
Account Type
|
Normal
|
|
Normal
|
|
Normal
|
|
|
|
Deposit date
|
22/06/2011
|
|
29/04/2010
|
|
-
|
|
|
|
Activity
Code
|
2410Z
|
|
2410Z
|
|
2410Z
|
|
|
|
Employees
|
2370
|
|
0
|
|
2751
|
|
|
Active account
|
Annual
Accounts
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Capital not
called
|
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Total fixed
assets
|
287 337 000
|
-2,4%
|
294 447 000
|
-7,5%
|
318 477 000
|
1 608 160,50
|
17767,4%
|
|
- Intangible
assets
|
18 979 000
|
-1,6%
|
19 295 000
|
-12,0%
|
21 931 000
|
26 349,50
|
71927,9%
|
|
- Tangible
assets
|
263 017 000
|
2,0%
|
257 845 000
|
-3,9%
|
268 207 000
|
363 447,50
|
72267,3%
|
|
- Financial
assets
|
7 170 000
|
-62,5%
|
19 136 000
|
-32,5%
|
28 339 000
|
9 921,50
|
72167,3%
|
|
Net current
assets
|
310 087 000
|
36,9%
|
226 567 000
|
-35,3%
|
350 338 000
|
6 972 964
|
4347,0%
|
|
- Stocks
|
162 731 000
|
36,3%
|
119 357 000
|
-40,7%
|
201 123 000
|
358 215
|
45328,3%
|
|
- Advanced
payments
|
3 094 000
|
36,9%
|
99 000
|
-62,6%
|
265 000
|
0
|
0%
|
|
-
Receivables
|
112 209 000
|
51,7%
|
73 963 000
|
-27,0%
|
101 309 000
|
3 822 641
|
2835,4%
|
|
- Securities
and cash
|
32 053 000
|
-3,3%
|
33 148 000
|
-30,4%
|
47 641 000
|
50 906,50
|
62864,5%
|
|
- Prepaid
expenses
|
-
|
-
|
-
|
-
|
-
|
0
|
-
|
|
Accounts of
regularization
|
1 471 000
|
303,0%
|
365 000
|
-90,3%
|
3 759 000
|
0
|
0%
|
|
Total Assets
|
598 898 000
|
14,9%
|
521 379 000
|
-22,5%
|
672 574 000
|
9 879 907,50
|
5961,8%
|
Passive Account
|
Annual
Accounts
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Shareholders'
equity
|
284 707 000
|
8,5%
|
262 508 000
|
-26,1%
|
355 413 000
|
1 603 930,50
|
17650,6%
|
|
Share
capital
|
65 285 000
|
0%
|
65 285 000
|
0%
|
65 285 000
|
1 443 255
|
4423,5%
|
|
Other
capital resources
|
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Risk
Provisions
|
76 781 000
|
-0,1%
|
76 893 000
|
3,8%
|
74 062 000
|
104 278,50
|
73530,7%
|
|
Liabilities
|
236 153 000
|
30,0%
|
181 647 000
|
-24,2%
|
239 649 000
|
2 930 807
|
7957,6%
|
|
- Financial
liabilities
|
8 016 000
|
-80,1%
|
40 299 000
|
594,8%
|
5 800 000
|
311 069,50
|
2476,9%
|
|
- Advanced
payments received
|
1 343 000
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
- Trade
account payables
|
155 712 000
|
77,3%
|
87 831 000
|
-40,8%
|
148 288 000
|
1 304 146
|
11839,8%
|
|
- Tax and
social liabilities
|
53 245 000
|
29,0%
|
41 277 000
|
-30,3%
|
59 261 000
|
563 770
|
9344,5%
|
|
- Other
debts and fixed assets liabilities
|
19 059 000
|
52,1%
|
12 531 000
|
-57,8%
|
29 661 000
|
124 332,50
|
15229,1%
|
|
Account
regularization
|
35 000
|
-12,5%
|
40 000
|
-54,0%
|
87 000
|
0
|
0%
|
|
Total
liabilities
|
598 898 000
|
14,9%
|
521 379 000
|
-22,5%
|
672 574 000
|
9 879 908,50
|
5961,8%
|
Results
|
Annual
Accounts
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Sales of
Goods
|
788 368 000
|
85,5%
|
425 061 000
|
-62,0%
|
1 117 537 000
|
3 741 405
|
20971,4%
|
|
Net turnover
|
723 654 000
|
56,1%
|
463 609 000
|
-56,5%
|
1 064 903 000
|
3 650 036,50
|
19725,9%
|
|
- of which
net export turnover
|
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Operating
charges
|
764 263 000
|
50,9%
|
506 377 000
|
-50,7%
|
1 026 801 000
|
3 704 645,50
|
20529,9%
|
|
Operating
profit/loss
|
24 105 000
|
129,6%
|
-81 316 000
|
-189,6%
|
90 736 000
|
27 446
|
87727,0%
|
|
Financial
income
|
8 465 000
|
-22,2%
|
10 887 000
|
-50,2%
|
21 849 000
|
5 015,50
|
168676,8%
|
|
Financial
charges
|
10 118 000
|
-22,0%
|
12 968 000
|
-49,3%
|
25 580 000
|
16 465,50
|
61349,7%
|
|
Financial
profit/loss
|
-1 653 000
|
20,6%
|
-2 081 000
|
44,2%
|
-3 731 000
|
-1 222
|
-135170,0%
|
|
Pretax net
operating income
|
22 452 000
|
126,9%
|
-83 397 000
|
-195,9%
|
87 005 000
|
20 244
|
110806,9%
|
|
Extraordinary
income
|
4 829 000
|
-92,8%
|
67 160 000
|
579,6%
|
9 883 000
|
56 973
|
8375,9%
|
|
Extraordinary
charges
|
18 563 000
|
6,9%
|
17 363 000
|
-13,5%
|
20 078 000
|
79 696
|
23192,3%
|
|
Extraordinary
profit/loss
|
-13 734 000
|
-79,2%
|
49 797 000
|
588,4%
|
-10 195 000
|
-90
|
-15259900%
|
|
Net result
|
10 359 000
|
132,7%
|
-31 681 000
|
-164,7%
|
48 932 000
|
16 120,50
|
64159,8%
|
|
|
|
|
Normal
Account
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Months
|
|
12
|
|
12
|
|
12
|
Accounts - Active
Current Assets | Equalization accounts | Reference
Grand Total - Passive Accounts (I to IV)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Grand Total
(I to VI)
|
Net
|
598 898 000
|
14,9%
|
521 379 000
|
-22,5%
|
672 574 000
|
|
|
Gross
|
CO
|
1 282 467 000
|
8,3%
|
1 184 258 000
|
-9,6%
|
1 309 537 000
|
|
|
Amortisation
|
1A
|
683 569 000
|
3,1%
|
662 878 000
|
4,1%
|
636 963 000
|
Non declared distributed capital (I)
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Non declared
distributed capital (I)
|
AA3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AA
|
0
|
0%
|
0
|
-
|
0
|
Active fixed asset (II)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total Active
fixed asset (II)
|
Net
|
287 337 000
|
-2,4%
|
294 447 000
|
-7,5%
|
318 477 000
|
|
|
Gross
|
BJ
|
950 292 000
|
1,7%
|
934 635 000
|
1,1%
|
924 118 000
|
|
|
Amortisation
|
BK
|
662 955 000
|
3,6%
|
640 188 000
|
5,7%
|
605 641 000
|
Intangilble fixed assets
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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
|
16 648 000
|
-3,6%
|
17 276 000
|
14,1%
|
15 147 000
|
|
|
Gross
|
AF
|
27 889 000
|
5,7%
|
26 377 000
|
16,7%
|
22 602 000
|
|
|
Amortisation
|
AG
|
11 241 000
|
23,5%
|
9 101 000
|
22,1%
|
7 455 000
|
|

|
Goodwill
|
Net
|
1 829 000
|
0%
|
1 829 000
|
0%
|
0
|
|
|
Gross
|
AH
|
1 829 000
|
0%
|
1 829 000
|
0%
|
1 829 000
|
|
|
Amortisation
|
AI
|
1 829 000
|
0%
|
1 829 000
|
0%
|
1 829 000
|
|

|
Other
intangible fixed assets
|
Net
|
502 000
|
164,2%
|
190 000
|
-97,2%
|
6 784 000
|
|
|
Gross
|
AJ
|
502 000
|
164,2%
|
190 000
|
-97,2%
|
6 784 000
|
|
|
Amortisation
|
AK
|
0
|
0%
|
0
|
0%
|
0
|
|

|
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
|
18 979 000
|
-1,6%
|
19 295 000
|
-12,0%
|
21 931 000
|
Tangilble fixed assets
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Lands
|
Net
|
18 375 000
|
2,2%
|
17 973 000
|
12,9%
|
15 914 000
|
|
|
Gross
|
AN
|
21 012 000
|
4,6%
|
20 097 000
|
14,2%
|
17 599 000
|
|
|
Amortisation
|
AO
|
2 637 000
|
24,2%
|
2 124 000
|
26,1%
|
1 685 000
|
|

|
Buildings
|
Net
|
43 060 000
|
-2,9%
|
44 329 000
|
2,8%
|
43 119 000
|
|
|
Gross
|
AP
|
117 762 000
|
0,9%
|
116 661 000
|
3,1%
|
113 126 000
|
|
|
Amortisation
|
AQ
|
74 702 000
|
3,3%
|
72 332 000
|
3,3%
|
70 007 000
|
|

|
Plant
|
Net
|
169 461 000
|
-5,1%
|
178 552 000
|
3,7%
|
172 230 000
|
|
|
Gross
|
AR
|
712 533 000
|
1,2%
|
703 884 000
|
3,1%
|
682 633 000
|
|
|
Amortisation
|
AS
|
543 072 000
|
3,4%
|
525 332 000
|
2,9%
|
510 403 000
|
|

|
Other
tangible fixed assets
|
Net
|
3 270 000
|
-10,9%
|
3 668 000
|
-3,4%
|
3 796 000
|
|
|
Gross
|
AT
|
18 014 000
|
2,3%
|
17 601 000
|
2,3%
|
17 199 000
|
|
|
Amortisation
|
AU
|
14 744 000
|
5,8%
|
13 933 000
|
4,0%
|
13 403 000
|
|

|
Fixed assets
in construction
|
Net
|
28 823 000
|
116,8%
|
13 292 000
|
-59,4%
|
32 722 000
|
|
|
Gross
|
AV
|
41 728 000
|
59,4%
|
26 170 000
|
-20,0%
|
32 722 000
|
|
|
Amortisation
|
AW
|
12 905 000
|
0,2%
|
12 878 000
|
0%
|
0
|
|

|
Advances and
payments on account
|
Net
|
28 000
|
-9,7%
|
31 000
|
-92,7%
|
426 000
|
|
|
Gross
|
AX
|
28 000
|
-9,7%
|
31 000
|
-92,7%
|
426 000
|
|
|
Amortisation
|
AY
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total
Tangible asset
|
Net
|
263 017 000
|
|
257 845 000
|
|
268 207 000
|
Financial assets
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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
|
3 955 000
|
26,2%
|
3 135 000
|
-41,3%
|
5 337 000
|
|
|
Gross
|
CU
|
5 035 000
|
0%
|
5 035 000
|
-5,7%
|
5 341 000
|
|
|
Amortisation
|
CV
|
1 080 000
|
-43,2%
|
1 900 000
|
47400%
|
4 000
|
|

|
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
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BD
|
13 000
|
0%
|
13 000
|
0%
|
13 000
|
|
|
Amortisation
|
BE
|
13 000
|
0%
|
13 000
|
0%
|
13 000
|
|

|
Loans
|
Net
|
2 527 000
|
15,7%
|
2 184 000
|
-2,0%
|
2 228 000
|
|
|
Gross
|
BF
|
3 259 000
|
-1,9%
|
2 930 000
|
-9,1%
|
3 049 000
|
|
|
Amortisation
|
BG
|
732 000
|
|
746 000
|
|
821 000
|
|

|
Other
financial assets
|
Net
|
688 000
|
-95,0%
|
13 817 000
|
-33,5%
|
20 774 000
|
|
|
Gross
|
BH
|
688 000
|
-95,0%
|
13 817 000
|
-33,6%
|
20 795 000
|
|
|
Amortisation
|
BI
|
0
|
0%
|
0
|
0%
|
21 000
|
|
|
Sub Total
Financial Assets
|
|
7 170 000
|
|
19 136 000
|
|
28 339 000
|
Current Assets (III)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total Assets
|
Net
|
310 087 000
|
36,9%
|
226 567 000
|
-35,3%
|
350 338 000
|
|
|
Gross
|
CJ
|
330 702 000
|
32,7%
|
249 257 000
|
-34,7%
|
381 660 000
|
|
|
Amortisation
|
CK
|
20 615 000
|
-9,1%
|
22 690 000
|
-27,6%
|
31 322 000
|
Stocks
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Raw materials
|
Net
|
61 793 000
|
23,7%
|
49 938 000
|
-14,5%
|
58 413 000
|
|
|
Gross
|
BL
|
75 104 000
|
21,2%
|
61 964 000
|
-16,6%
|
74 265 000
|
|
|
Amortisation
|
BM
|
13 311 000
|
10,7%
|
12 026 000
|
-24,1%
|
15 852 000
|
|

|
Work in progress (goods)
|
Net
|
61 636 000
|
33,7%
|
46 112 000
|
-48,6%
|
89 683 000
|
|
|
Gross
|
BN
|
64 441 000
|
30,6%
|
49 357 000
|
-49,3%
|
97 274 000
|
|
|
Amortisation
|
BO
|
2 805 000
|
-13,6%
|
3 245 000
|
-57,3%
|
7 591 000
|
|

|
Work in progress (services)
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BP
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BQ
|
0
|
0%
|
0
|
0%
|
0
|
|

|
Semi-finished and finished products
|
Net
|
39 169 000
|
69,2%
|
23 149 000
|
-56,1%
|
52 725 000
|
|
|
Gross
|
BR
|
41 334 000
|
51,2%
|
27 339 000
|
-53,7%
|
59 098 000
|
|
|
Amortisation
|
BS
|
2 165 000
|
-48,3%
|
4 190 000
|
-34,3%
|
6 373 000
|
|

|
Goods for resale
|
Net
|
133 000
|
-15,8%
|
158 000
|
-47,7%
|
302 000
|
|
|
Gross
|
BT
|
146 000
|
-12,6%
|
167 000
|
-48,6%
|
325 000
|
|
|
Amortisation
|
BU
|
13 000
|
44,4%
|
9 000
|
-60,9%
|
23 000
|
|
|
Sub Total Stocks
|
Net
|
162 731 000
|
36,3%
|
119 357 000
|
-40,7%
|
201 123 000
|
Advance payments to suppliers
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Advance payments to suppliers
|
Net
|
3 094 000
|
3025,3%
|
99 000
|
-62,6%
|
265 000
|
|
|
Gross
|
BV
|
3 094 000
|
3025,3%
|
99 000
|
-62,6%
|
265 000
|
|
|
Amortisation
|
BW
|
0
|
0%
|
0
|
0%
|
0
|
Debtors
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Trade accounts receivable
|
Net
|
37 943 000
|
71,6%
|
22 117 000
|
-71,1%
|
76 636 000
|
|
|
Gross
|
BX
|
40 264 000
|
58,9%
|
25 337 000
|
-67,6%
|
78 119 000
|
|
|
Amortisation
|
BY
|
2 321 000
|
-27,9%
|
3 220 000
|
117,1%
|
1 483 000
|
|

|
Other debtors
|
Net
|
73 576 000
|
49,6%
|
49 171 000
|
105,4%
|
23 935 000
|
|
|
Gross
|
BZ
|
73 576 000
|
49,6%
|
49 171 000
|
105,4%
|
23 935 000
|
|
|
Amortisation
|
CA
|
0
|
0%
|
0
|
0%
|
0
|
|

|
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
|
111 519 000
|
56,4%
|
71 288 000
|
-29,1%
|
100 571 000
|
Divers
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Investment securities
|
Net
|
0
|
0%
|
30 000 000
|
-29,6%
|
42 600 000
|
|
|
Gross
|
CD
|
0
|
0%
|
30 000 000
|
-29,6%
|
42 600 000
|
|
|
Amortisation
|
CE
|
0
|
0%
|
0
|
0%
|
0
|
|

|
Cash and cash equivalents
|
Net
|
32 053 000
|
918,2%
|
3 148 000
|
-37,6%
|
5 041 000
|
|
|
Gross
|
CF
|
32 053 000
|
918,2%
|
3 148 000
|
-37,6%
|
5 041 000
|
|
|
Amortisation
|
CG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total Divers
|
Net
|
32 053 000
|
-3,3%
|
33 148 000
|
-30,4%
|
47 641 000
|
Prepaid expenses
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Prepaid expenses
|
Net
|
690 000
|
-74,2%
|
2 675 000
|
262,5%
|
738 000
|
|
|
Gross
|
CH
|
690 000
|
-74,2%
|
2 675 000
|
262,5%
|
738 000
|
|
|
Amortisation
|
CI
|
0
|
0%
|
0
|
0%
|
0
|
Equalization accounts (IV to VI)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Multi-period charges
|
CW3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
|
0
|
0%
|
0
|
-
|
-
|
|
|
Premiums on redemption of bonds
|
CM3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
|
0
|
0%
|
0
|
-
|
-
|
|
|
Currency differential gain
|
CN3
|
1 471 000
|
303,0%
|
365 000
|
-90,3%
|
3 759 000
|
|
|
Gross
|
|
1 471 000
|
303,0%
|
365 000
|
-
|
-
|
References
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Due within one year
|
CP
|
1 125 000
|
-92,0%
|
13 992 000
|
-30,6%
|
20 175 000
|
|
|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Grand Total
(I to V)
|
EE
|
598 898 000
|
14,9%
|
521 379 000
|
-22,5%
|
672 574 000
|
Shareholder Equity (I)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total shareholders'
equity (Total I)
|
DL
|
284 707 000
|
8,5%
|
262 508 000
|
-26,1%
|
355 413 000
|
|
|
Equity and
shareholders' equity
|
DA
|
65 285 000
|
0%
|
65 285 000
|
0%
|
65 285 000
|
|
|
Issue and
merger premiums
|
DB
|
0
|
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
|
12 043 000
|
0%
|
12 043 000
|
0%
|
12 043 000
|
|
|
Statutory or
contractual reserve
|
DE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Special
regulated reserves
|
DF
|
1 066 000
|
0%
|
1 066 000
|
0%
|
1 066 000
|
|
|
Of which
special reserve of provisions for current fluctuation
|
B1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other
reserves
|
DG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Of which reserve
for buying originals works from alive artists
|
EJ
|
0
|
|
0
|
0%
|
0
|
|
|
Profits or
losses brought forward
|
DH
|
183 426 000
|
-14,7%
|
215 107 000
|
29,4%
|
166 177 000
|
|
|
Profit or
loss for the period
|
DI
|
10 359 000
|
132,7%
|
-31 681 000
|
-164,7%
|
48 930 000
|
|
|
Investment
grants
|
DJ
|
550 000
|
-20,1%
|
688 000
|
-16,7%
|
826 000
|
|
|
Special
tax-allowable reserves
|
DK
|
11 978 000
|
0%
|
0
|
0%
|
61 086 000
|
Other capital resources (II)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total provisions for risks and charges (Total
III)
|
DR
|
76 781 000
|
-0,1%
|
76 893 000
|
3,8%
|
74 062 000
|
|
|
Risk provisions
|
DP
|
16 181 000
|
-0,2%
|
16 216 000
|
-1,5%
|
16 468 000
|
|
|
Reserves for charges
|
DQ
|
60 600 000
|
-0,1%
|
60 677 000
|
5,4%
|
57 594 000
|
Liabilities (IV)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total Liabilities (Total IV)
|
EC
|
236 153 000
|
30,0%
|
181 647 000
|
-24,2%
|
239 649 000
|
|
|
Convertible debentures
|
DS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other debentures
|
DT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Bank loans and liabilities
|
DU
|
2 836 000
|
0%
|
0
|
0%
|
28 000
|
|
|
Sundry loans and financial liabilities
|
DV
|
5 180 000
|
-87,1%
|
40 299 000
|
598,2%
|
5 772 000
|
|
|
Of which participating loans
|
EI
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Advance payments received for current orders
|
DW
|
1 343 000
|
0%
|
0
|
0%
|
0
|
|
|
Trade accounts payables
|
DX
|
155 712 000
|
77,3%
|
87 831 000
|
-40,8%
|
148 288 000
|
|
|
Tax and social security liabilities
|
DY
|
53 245 000
|
29,0%
|
41 277 000
|
-30,3%
|
59 261 000
|
|
|
Fixed asset liabilities
|
DZ
|
8 754 000
|
-4,3%
|
9 149 000
|
-53,9%
|
19 855 000
|
|
|
Other debts
|
EA
|
9 048 000
|
196,6%
|
3 051 000
|
-52,0%
|
6 358 000
|
Translation loss (V)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Translation loss (Total V)
|
ED
|
1 257 000
|
279,8%
|
331 000
|
-90,4%
|
3 448 000
|
Equalization accounts
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Deferred income
|
EB
|
35 000
|
-12,5%
|
40 000
|
-54,0%
|
87 000
|
References
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Of which tax-allowable reserve
|
EF
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Deferred income and liabilities
|
EG
|
236 080 000
|
30,0%
|
181 548 000
|
-24,2%
|
239 559 000
|
|
|
Of which current bank facilities
|
EH
|
2 836 000
|
0%
|
0
|
0%
|
28 000
|
|
|
|
|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Operating
result (Total I-II)
|
GG
|
24 105 000
|
129,6%
|
-81 316 000
|
-189,6%
|
90 736 000
|
2 - Financial result (V - VI)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Financial
result (Total V-VI)
|
GV
|
-1 653 000
|
20,6%
|
-2 081 000
|
44,2%
|
-3 731 000
|
3 - Pre-tax net operating income result (I - VI)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Pre-tax net
operating income (Total I-II+II-IV+V-VI)
|
GW
|
22 452 000
|
126,9%
|
-83 397 000
|
-195,9%
|
87 005 000
|
4 - Extraordinary result (VII-VIII)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Extraordinary
result (Total VII-VIII)
|
HI
|
-13 734 000
|
-127,6%
|
49 797 000
|
588,4%
|
-10 195 000
|
Profit or loss
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Profit or
loss
|
HN
|
10 359 000
|
132,7%
|
-31 681 000
|
-164,7%
|
48 932 000
|
Total Income (I+III+V+VII)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Total Income
(I+III+V+VII)
|
HL
|
801 662 000
|
59,3%
|
503 108 000
|
-56,2%
|
1 149 269 000
|
Total charges (Total II+IV+VI+VIII+IX+X)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Total
charges (Total II+IV+VI+VIII+IX+X)
|
HM
|
791 302 000
|
48,0%
|
534 791 000
|
-51,4%
|
1 100 337 000
|
Operating income (I)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Total
operating income (Total I)
|
FR
|
788 368 000
|
85,5%
|
425 061 000
|
-62,0%
|
1 117 537 000
|
Operating income (details)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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
|
709 432 000
|
58,5%
|
447 644 000
|
-57,2%
|
1 044 912 000
|
|
|
France
|
FD
|
709 432 000
|
58,5%
|
447 644 000
|
-57,2%
|
1 044 912 000
|
|
|
Export
|
FE
|
0
|
0%
|
0
|
0%
|
0
|
|

|
Sale of
services
|
FI
|
14 222 000
|
-10,9%
|
15 965 000
|
-20,1%
|
19 991 000
|
|
|
France
|
FG
|
14 222 000
|
-10,9%
|
15 965 000
|
-20,1%
|
19 991 000
|
|
|
Export
|
FH
|
0
|
0%
|
0
|
0%
|
0
|
|

|
Net turnover
|
FL
|
723 654 000
|
56,1%
|
463 609 000
|
-56,5%
|
1 064 903 000
|
|
|
France
|
FJ
|
723 654 000
|
56,1%
|
463 609 000
|
-56,5%
|
1 064 903 000
|
|
|
Export
|
FK
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Stocked
production
|
FM
|
29 080 000
|
136,5%
|
-79 676 000
|
-575,6%
|
16 751 000
|
|
|
Self-constructed
assets
|
FN
|
1 560 000
|
-18,5%
|
1 913 000
|
-29,8%
|
2 725 000
|
|
|
Operating
grants
|
FO
|
284 000
|
-9,0%
|
312 000
|
31,1%
|
238 000
|
|
|
Release of
reserves and provisions
|
FP
|
27 698 000
|
-4,8%
|
29 085 000
|
15,6%
|
25 166 000
|
|
|
Other income
|
FQ
|
6 092 000
|
-38,0%
|
9 818 000
|
26,6%
|
7 754 000
|
Operating charges (II)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Total
operating charges (Total II)
|
GF
|
764 263 000
|
50,9%
|
506 377 000
|
-50,7%
|
1 026 801 000
|
Exploitation charges
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Purchase of
goods for resale
|
FS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Change in
stocks of goods for resale
|
FT
|
22 000
|
-86,1%
|
158 000
|
1216,7%
|
12 000
|
|
|
Purchase of
raw materials
|
FU
|
356 996 000
|
141,8%
|
147 613 000
|
-72,5%
|
536 155 000
|
|
|
Change in
stocks of raw materials
|
FV
|
-13 140 000
|
-206,8%
|
12 301 000
|
299,6%
|
-6 163 000
|
|
|
Other
external purchases and charges
|
FW
|
211 588 000
|
39,2%
|
151 967 000
|
-42,4%
|
263 792 000
|
|
|
Tax, duty
and similar payments
|
FX
|
17 899 000
|
35,7%
|
13 186 000
|
-46,1%
|
24 465 000
|
|
|
Payroll
|
FY
|
96 577 000
|
6,9%
|
90 357 000
|
-18,8%
|
111 248 000
|
|
|
Social
security costs
|
FZ
|
45 269 000
|
9,3%
|
41 431 000
|
-17,4%
|
50 140 000
|
Depreciation
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Depreciation
of fixed assets
|
GA
|
26 051 000
|
1,2%
|
25 741 000
|
16,6%
|
22 074 000
|
|
|
Amortisation
of fixed assets
|
GB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Depreciation/amortisation
of current assets
|
GC
|
7 949 000
|
-1,5%
|
8 069 000
|
-37,0%
|
12 811 000
|
|
|
Provisions
for risks and charges
|
GD
|
13 160 000
|
-11,0%
|
14 790 000
|
35,9%
|
10 883 000
|
Other charges
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Other
charges
|
GE
|
1 892 000
|
147,6%
|
764 000
|
-44,8%
|
1 384 000
|
Operating charges (III-IV)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total
financial income (Total V)
|
GP
|
8 465 000
|
-22,2%
|
10 887 000
|
-50,2%
|
21 849 000
|
|
|
Share
financial income
|
GJ
|
67 000
|
-85,2%
|
453 000
|
-46,2%
|
842 000
|
|
|
Other
investment income & capitalised receivables
|
GK
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other
interest and similar income
|
GL
|
77 000
|
-74,4%
|
301 000
|
-92,3%
|
3 884 000
|
|
|
Released
provisions and transferred charges
|
GM
|
934 000
|
591,9%
|
135 000
|
255,3%
|
38 000
|
|
|
Exchange
gains
|
GN
|
7 387 000
|
-26,1%
|
9 998 000
|
-41,5%
|
17 085 000
|
|
|
Net income
from disposal of investment securities
|
GO
|
0
|
0%
|
0
|
0%
|
0
|
Financial Charge (VI)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total
financial charge (Total VI)
|
GU
|
10 118 000
|
-22,0%
|
12 968 000
|
-49,3%
|
25 580 000
|
|
|
Financial reserves
and provisions
|
GQ
|
0
|
0%
|
1 901 000
|
0%
|
0
|
|
|
Interest and
similar charges
|
GR
|
2 672 000
|
9,8%
|
2 434 000
|
-62,3%
|
6 451 000
|
|
|
Exchange
losses
|
GS
|
7 446 000
|
-13,7%
|
8 633 000
|
-54,9%
|
19 129 000
|
|
|
Net loss from
disposal of investment securities
|
GT
|
0
|
0%
|
0
|
0%
|
0
|
Financial Charge (VII)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total
extraordinary income (Total VII)
|
HD
|
4 829 000
|
-92,8%
|
67 160 000
|
579,6%
|
9 883 000
|
|
|
Extraordinary
operating income
|
HA
|
3 000
|
-98,6%
|
214 000
|
10600%
|
2 000
|
|
|
Extraordinary
income from capital transactions
|
HB
|
801 000
|
-31,9%
|
1 177 000
|
56,7%
|
751 000
|
|
|
Released
provisions and transferred charges
|
HC
|
4 025 000
|
-93,9%
|
65 769 000
|
620,4%
|
9 130 000
|
Extraordinary charges (VIII)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total
extraordinary charges (Total VIII)
|
HH
|
18 563 000
|
6,9%
|
17 363 000
|
-13,5%
|
20 078 000
|
|
|
Extraordinary
operating charges
|
HE
|
2 982 000
|
17,3%
|
2 542 000
|
-47,2%
|
4 816 000
|
|
|
Extraordinary
charges from capital transactions
|
HF
|
47 000
|
-86,6%
|
352 000
|
441,5%
|
65 000
|
|
|
Extraordinary
reserves and provisions
|
HG
|
15 534 000
|
7,4%
|
14 469 000
|
-4,8%
|
15 197 000
|
Employee profit sharing (IX)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Employee
profit sharing (Total IX)
|
HJ
|
0
|
0%
|
-2 000
|
-100,0%
|
4 989 000
|
Tax on profits (X)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Tax on
profits (Total X)
|
HK
|
-1 642 000
|
14,3%
|
-1 915 000
|
-108,4%
|
22 889 000
|
References
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Gross value
at begin of period
|
OG
|
0
|
0%
|
0
|
0%
|
864 386 000
|
|
|
Increasess
due to revaluation
|
OH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess,
acquisitions, creations, contributions
|
OJ
|
0
|
0%
|
0
|
0%
|
77 124 000
|
|
|
Decreasess
by budget item transfer
|
OK1
|
0
|
0%
|
0
|
0%
|
61 000
|
|
|
Decreasess
by transfers
|
OK2
|
31 012 000
|
0%
|
0
|
0%
|
17 332 000
|
|
|
Gross value at
the end of period
|
OL
|
950 293 000
|
0%
|
0
|
0%
|
924 118 000
|
Research and development Charge (Total I)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Gross value
at begin of period
|
KD
|
28 396 000
|
0%
|
0
|
0%
|
22 601 000
|
|
|
Increasess
due to revaluation
|
KE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess,
acquisitions, creations, contributions
|
KF
|
1 826 000
|
0%
|
0
|
0%
|
8 614 000
|
|
|
Decreasess
by budget item transfer
|
LV1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess
by transfers
|
LV2
|
2 000
|
0%
|
0
|
0%
|
0
|
|
|
Gross value
at the end of period
|
LW
|
30 220 000
|
0%
|
0
|
0%
|
31 215 000
|
Tangible fixed assets (Total III)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Gross value
at begin of period
|
LN
|
884 445 000
|
0%
|
0
|
0%
|
801 718 000
|
|
|
Increasess
due to revaluation
|
LO
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess,
acquisitions, creations, contributions
|
LP
|
43 612 000
|
0%
|
0
|
0%
|
67 521 000
|
|
|
Decreasess
by budget item transfer
|
NG1
|
0
|
0%
|
0
|
0%
|
61 000
|
|
|
Decreasess
by transfers
|
NG2
|
16 979 000
|
0%
|
0
|
0%
|
5 473 000
|
|
|
Gross value
at the end of period
|
NH
|
911 078 000
|
0%
|
0
|
0%
|
863 706 000
|
Fiancial assets (Total IV)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Gross value
at begin of period
|
LQ
|
21 795 000
|
0%
|
0
|
0%
|
40 067 000
|
|
|
Increasess
due to revaluation
|
LR
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions,
creations, contributions
|
LS
|
1 232 000
|
0%
|
0
|
0%
|
989 000
|
|
|
Decreasess
by budget item transfer
|
NJ1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess
by transfers
|
NJ2
|
14 031 000
|
0%
|
0
|
0%
|
11 859 000
|
|
|
Gross value at
the end of period
|
NK
|
8 996 000
|
0%
|
0
|
0%
|
29 199 000
|
Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Reserve for depreciation value at
begin of period
|
0N
|
0
|
0%
|
0
|
0%
|
585 050 000
|
|
Increases
|
0P
|
0
|
0%
|
0
|
0%
|
22 299 000
|
|
Decreasess
|
0Q
|
0
|
0%
|
0
|
0%
|
8 106 000
|
|
|
Reserve for depreciation value at the
end of period
|
0R
|
0
|
0%
|
0
|
0%
|
599 243 000
|
Research and development charge (Total I)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Reserve for depreciation value at begin
of period
|
PE
|
10 930 000
|
0%
|
0
|
0%
|
8 034 000
|
|
Increases
|
PF
|
2 142 000
|
0%
|
0
|
0%
|
1 250 000
|
|
Decreasess
|
PG
|
2 000
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by budget item transfer
|
PH
|
13 070 000
|
0%
|
0
|
0%
|
9 284 000
|
Total fixed assets amotisation (Total III)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Reserve for depreciation value at
begin of period
|
QU
|
613 450 000
|
0%
|
0
|
0%
|
577 016 000
|
|
Increases
|
QV
|
24 126 000
|
0%
|
0
|
0%
|
21 049 000
|
|
Decreases
|
QW
|
2 693 000
|
0%
|
0
|
0%
|
8 106 000
|
|
|
Decreasess by budget item transfer
|
QX
|
634 883 000
|
0%
|
0
|
0%
|
589 959 000
|
Movements during period affecting charge allocated over several period
Charges ŕ répartir ou frais d'émission d'emprunt
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Value at begining of period
|
7C
|
77 164 000
|
0%
|
0
|
0%
|
76 535 000
|
|
Increases
|
UB
|
16 038 000
|
0%
|
0
|
0%
|
12 852 000
|
|
Decreases
|
UC
|
16 150 000
|
0%
|
0
|
0%
|
14 196 000
|
|
|
Value at the end of period
|
UD
|
77 052 000
|
0%
|
0
|
0%
|
75 191 000
|
Includes Total allocations
|
|
Operating
|
UE
|
13 160 000
|
0%
|
0
|
0%
|
0
|
|
|
Financial
|
UG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Exceptional
|
UJ
|
2 878 000
|
0%
|
0
|
0%
|
0
|
Includes Total Withdrawal
|
|
Operating
|
UF
|
12 125 000
|
0%
|
0
|
0%
|
0
|
|
|
Financial
|
UH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Exceptional
|
UK
|
4 025 000
|
0%
|
0
|
0%
|
0
|
Total regulated provisions (Total I)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Value at begining of period
|
5Z
|
76 894 000
|
0%
|
0
|
0%
|
75 166 000
|
|
Increases
|
TV
|
16 038 000
|
0%
|
0
|
0%
|
12 852 000
|
|
Decreases
|
TW
|
16 150 000
|
0%
|
0
|
0%
|
13 956 000
|
|
|
Value at the end of period
|
TX
|
76 782 000
|
0%
|
0
|
0%
|
74 062 000
|
Total Provision for depreciation (Total III)
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Value at begining of period
|
7B
|
270 000
|
0%
|
0
|
0%
|
1 369 000
|
|
Increases
|
TY
|
0
|
0%
|
0
|
0%
|
0
|
|
Decreases
|
TZ
|
0
|
0%
|
0
|
0%
|
240 000
|
|
|
Value at the end of period
|
UA
|
270 000
|
0%
|
0
|
0%
|
1 129 000
|
State deadlines claims and debts at the end of
period
State claims
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Gross value
|
VT
|
118 477 000
|
35,0%
|
87 738 000
|
-30,9%
|
126 901 000
|
|
|
1 year at most
|
VU
|
115 864 000
|
36,4%
|
84 942 000
|
-31,6%
|
124 174 000
|
|
|
More than one year
|
VV
|
2 613 000
|
-6,5%
|
2 796 000
|
2,5%
|
2 728 000
|
State of loans
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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
|
3 259 000
|
11,2%
|
2 930 000
|
-3,9%
|
3 049 000
|
|
|
Loans (1 year at most)
|
UR
|
999 000
|
130,7%
|
433 000
|
-29,4%
|
613 000
|
|
|
Other financial assets (gross)
|
UT
|
688 000
|
-95,0%
|
13 817 000
|
-33,6%
|
20 795 000
|
|
|
Other financial assets (1 year at most)
|
UV
|
359 000
|
-97,4%
|
13 560 000
|
-33,9%
|
20 511 000
|
Receivables statement of assets
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Customers doubtful or disputed
|
VA
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other claims customer
|
UX
|
40 264 000
|
58,9%
|
25 337 000
|
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
|
191 000
|
0%
|
0
|
0%
|
349 000
|
|
|
Social Security and other social
organizations
|
UZ
|
0
|
0%
|
192 000
|
0%
|
0
|
|
|
Income taxes
|
VM
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Value added tax
|
VB
|
0
|
0%
|
12 650 000
|
-29,4%
|
17 927 000
|
|
|
Other taxes and payments assimilated
|
VN
|
21 566 000
|
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
|
51 819 000
|
71,9%
|
30 137 000
|
876,9%
|
3 085 000
|
Prepaid
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Prepaid
|
VS
|
690 000
|
-74,2%
|
2 675 000
|
262,5%
|
738 000
|
State Debt
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
Total debt (gross)
|
VY
|
236 152 000
|
30,0%
|
181 646 000
|
-24,2%
|
239 649 000
|
|
1 year at
most
|
VZ2
|
236 080 000
|
30,0%
|
181 548 000
|
-24,2%
|
239 560 000
|
|
More than 1
year and 5 years at most
|
VZ3
|
72 000
|
-27,3%
|
99 000
|
32,0%
|
75 000
|
|
More than 5
years
|
VZ4
|
0
|
0%
|
0
|
0%
|
14 000
|
Details
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|

|
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
|
2 836 000
|
0%
|
0
|
0%
|
28 000
|
|
1 year at
most
|
VG2
|
2 836 000
|
0%
|
0
|
0%
|
28 000
|
|
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
|
5 180 000
|
-87,1%
|
40 299 000
|
598,2%
|
5 772 000
|
|
1 year at
most
|
8A2
|
5 108 000
|
-87,3%
|
40 200 000
|
607,4%
|
5 683 000
|
|
More than 1
year and 5 years at most
|
8A3
|
72 000
|
-27,3%
|
99 000
|
32,0%
|
75 000
|
|

|
Suppliers and associated accounts (gross)
|
8B1
|
155 712 000
|
77,3%
|
87 831 000
|
-40,8%
|
148 288 000
|
|
1 year at
most
|
8B2
|
155 712 000
|
77,3%
|
87 831 000
|
-40,8%
|
148 288 000
|
|
More than 1
year and 5 years at most
|
8B3
|
155 712 000
|
77,3%
|
87 831 000
|
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
|
53 245 000
|
29,0%
|
41 277 000
|
-30,3%
|
59 261 000
|
|
1 year at
most
|
8D2
|
53 245 000
|
29,0%
|
41 277 000
|
-30,3%
|
59 261 000
|
|
More than 1
year and 5 years at most
|
8D3
|
0
|
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
|
8 754 000
|
-4,3%
|
9 149 000
|
-53,9%
|
19 855 000
|
|
1 year at
most
|
8J2
|
8 754 000
|
-4,3%
|
9 149 000
|
-53,9%
|
19 855 000
|
|
More than 1
year and 5 years at most
|
8J3
|
0
|
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
|
10 391 000
|
240,6%
|
3 051 000
|
-52,0%
|
6 358 000
|
|
1 year at
most
|
8K2
|
10 391 000
|
240,6%
|
3 051 000
|
-52,0%
|
6 358 000
|
|
More than 1
year and 5 years at most
|
8K3
|
0
|
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
|
35 000
|
-12,5%
|
40 000
|
-54,0%
|
87 000
|
|
1 year at
most
|
8L2
|
35 000
|
-12,5%
|
40 000
|
-54,0%
|
87 000
|
|
More than 1
year and 5 years at most
|
8L3
|
0
|
0%
|
0
|
0%
|
0
|
References
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Dividends
|
ZE
|
0
|
0%
|
0
|
0%
|
0
|
Commitments
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
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
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Average number of employees
|
YP
|
2 370
|
0%
|
0
|
0%
|
2 751
|
Groups and Shareholders
|
|
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
|
|
Groups and Shareholders
|
ZR
|
0
|
-
|
0
|
-
|
-
|
|
|
|
|
Ratios
Structure and liquidity | Management or rotation | Profitability
of the business | Return on capital
Structure and Liquidity
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Fixed Asset
Financing
|

|
1,08
|
-0,9%
|
1,09
|
-3,5%
|
1,13
|
1,30
|
-16,9%
|
|
Global Debt
|

|
117 days
|
-17,0%
|
141 days
|
74,1%
|
81 days
|
125,50 days
|
-6,8%
|
|
Working
Capital Fund overall net
|

|
39 days
|
-40,9%
|
66 days
|
69,2%
|
39 days
|
64,50 days
|
-39,5%
|
|
Financial
independence
|

|
10039,03%
|
-
|
%
|
-
|
1269332,14%
|
995,77%
|
908,2%
|
|

|
|
Solvability
|

|
47,54%
|
-5,6%
|
50,35%
|
-4,7%
|
52,84%
|
33,81%
|
40,6%
|
|
Capacity
debt futures
|

|
10039,03%
|
-
|
%
|
-
|
1269332,14%
|
1354,52%
|
641,2%
|
|
Coverage of
current assets by net working capital overall
|

|
24,04%
|
-22,0%
|
30,82%
|
11,8%
|
27,57%
|
42,74%
|
-43,8%
|
|
General
Liquidity
|

|
0,49
|
4,3%
|
0,47
|
-9,6%
|
0,52
|
0,77
|
-36,4%
|
|
Restricted
Liquidity
|

|
0,63
|
-3,1%
|
0,65
|
-9,7%
|
0,72
|
0,95
|
-33,7%
|
Management or rotation
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Need
background in operating working capital
|

|
25 days
|
-34,2%
|
38 days
|
65,2%
|
23 days
|
46 days
|
-45,7%
|
|
Treasury
|

|
15 days
|
-42,3%
|
26 days
|
62,5%
|
16 days
|
1 days
|
1400%
|
|
Inventory
turnover of goods
|

|
2389 days
|
527,0%
|
381 days
|
-96,1%
|
9750 days
|
21 days
|
11276,2%
|
|
Average
length of credit granted to customers
|

|
20 days
|
0%
|
20 days
|
-23,1%
|
26 days
|
66 days
|
-69,7%
|
|
Average
length of credit obtained suppliers
|

|
101 days
|
0%
|
101 days
|
50,7%
|
67 days
|
66 days
|
53,0%
|
|

|
|
Inventory
turnover of raw materials in industrial enterprises
|

|
76 days
|
-49,7%
|
151 days
|
202,0%
|
50 days
|
50 days
|
52,0%
|
|
Inventory
turnover of intermediate and finished products in the industrial
enterprise
|

|
79 days
|
-
|
days
|
-
|
123 days
|
184 days
|
-57,1%
|
|
Rotation
tangible assets
|

|
79,43%
|
-
|
%
|
-
|
123,29%
|
215,82%
|
-63,2%
|
Profitability of the business
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Margin
trading
|

|
0%
|
0%
|
-0,03%
|
0%
|
0
|
0%
|
0%
|
|
Profitability
of the business
|

|
5,44
|
135,6%
|
-15,28
|
-255,0%
|
9,86
|
5,34%
|
1,9%
|
|
Net profit
|

|
1,43%
|
120,9%
|
-6,83%
|
-248,8%
|
4,59%
|
0,74%
|
93,2%
|
|

|
|
Growth rate
of turnover (excluding VAT)
|

|
56,09%
|
199,3%
|
-56,46%
|
-4616,8%
|
1,25%
|
15,83%
|
254,3%
|
|
Rates
integration
|

|
27,48%
|
72,6%
|
15,92%
|
-41,7%
|
27,29%
|
28,41%
|
-3,3%
|
|
Rate leasing
furniture
|

|
0%
|
0%
|
0%
|
0%
|
0%
|
0%
|
0%
|
|
Work Factor
|

|
71,34%
|
-60,0%
|
178,56%
|
221,5%
|
55,54%
|
71,41%
|
-0,1%
|
|
Weight
interests
|

|
1,40
|
-50,0%
|
2,80%
|
16,7%
|
2,40%
|
0,69%
|
102,9%
|
Return on capital
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median
2010
|
|
|
Cash flow from the overall profitability
|

|
4,84%
|
133,8%
|
2,07%
|
-74,2%
|
8,03%
|
5,61%
|
-13,7%
|
|
Rates of economic profitability
|

|
13%
|
156,5%
|
-23%
|
-179,3%
|
29%
|
9,50%
|
36,8%
|
|
Financial profitability
|

|
284707000%
|
8,5%
|
262508000%
|
-26,1%
|
355413000%
|
1723038,50%
|
16423,5%
|
|
Return on investment
|

|
7%
|
213,3%
|
-6,18%
|
-130,0%
|
20,63%
|
7,12%
|
-1,7%
|
|
|
|
|
Soldes Intermédiaires de Gestion
|
|
31/12/2010
|
|
31/12/2009
|
|
31/12/2008
|
Sector Median 2010
|
|
|
Turnover
|
723 654 000
|
56,1%
|
463 609 000
|
-56,5%
|
1 064 903 000
|
3 650 036 €
|
19725,9%
|
|
Sales of
goods
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
- Purchase
of goods
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
+/- Stock of
goods variation
|
22 000
|
-86,1%
|
158 000
|
1216,7%
|
12 000
|
|
|
|
Trading
margin
|
-22 000 €
|
86,1%
|
-158 000 €
|
-1216,7%
|
-12 000 €
|
0 €
|
0%
|
|
|
0,00 % CA
|
0%
|
-0,03 % CA
|
0%
|
0,00 % CA
|
0 % CA
|
0%
|
|
Sale of
goods produced
|
723 654 000
|
56,1%
|
463 609 000
|
-56,5%
|
1 064 903 000
|
|
|
|
+/- Stocked
production
|
29 080 000
|
136,5%
|
-79 676 000
|
-575,6%
|
16 751 000
|
|
|
|
+
Self-constructed assets
|
1 560 000
|
-18,5%
|
1 913 000
|
-29,8%
|
2 725 000
|
|
|
|
Period
production
|
754 294 000 €
|
95,5%
|
385 846 000 €
|
-64,4%
|
1 084 379 000 €
|
2 932 671,50 €
|
25620,4%
|
|
|
104,23 % CA
|
25,2%
|
83,23 % CA
|
-18,3%
|
101,83 % CA
|
100 % CA
|
4,2%
|
|
Trading
margin
|
-22 000
|
86,1%
|
-158 000
|
-1216,7%
|
-12 000
|
0
|
0%
|
|
+ Period
Production
|
754 294 000
|
95,5%
|
385 846 000
|
-64,4%
|
1 084 379 000
|
2 932 671,50
|
25620,4%
|
|
- Purchase
of raw materials
|
356 996 000
|
141,8%
|
147 613 000
|
-72,5%
|
536 155 000
|
|
|
|
+/- Change in
stocks of raw materiels
|
-13 140 000
|
-206,8%
|
12 301 000
|
299,6%
|
-6 163 000
|
|
|
|
- Other
external purchases and charges
|
211 588 000
|
39,2%
|
151 967 000
|
-42,4%
|
263 792 000
|
|
|
|
Added value
|
198 828 000 €
|
169,4%
|
73 807 000 €
|
-74,6%
|
290 583 000 €
|
950 864,50 €
|
20810,2%
|
|
|
27,48 % CA
|
72,6%
|
15,92 % CA
|
-41,7%
|
27,29 % CA
|
28,41 % CA
|
-3,3%
|
|
Added value
|
198 828 000 €
|
169,4%
|
73 807 000 €
|
-74,6%
|
290 583 000 €
|
950 864,50 €
|
20810,2%
|
|
+ Operating
grants
|
284 000
|
-9,0%
|
312 000
|
31,1%
|
238 000
|
|
|
|
- Tax, duty
and similar payments
|
17 899 000
|
35,7%
|
13 186 000
|
-46,1%
|
24 465 000
|
|
|
|
- Personal
charges
|
141 846 000
|
7,6%
|
131 788 000
|
-18,3%
|
161 388 000
|
|
|
|
Gross
operating surplus
|
39 367 000 €
|
155,6%
|
-70 855 000 €
|
-167,5%
|
104 968 000 €
|
73 878 €
|
53186,5%
|
|
|
5,44 % CA
|
135,6%
|
-15,28 % CA
|
-255,0%
|
9,86 % CA
|
5,34 % CA
|
1,9%
|
|
Gross
operating surplus
|
39 367 000 €
|
155,6%
|
-70 855 000 €
|
-167,5%
|
104 968 000 €
|
73 878 €
|
53186,5%
|
|
+ Release of
reserves and provisions
|
27 698 000
|
-4,8%
|
29 085 000
|
15,6%
|
25 166 000
|
|
|
|
+ Other
operating income
|
6 092 000
|
-38,0%
|
9 818 000
|
26,6%
|
7 754 000
|
|
|
|
-
Depreciation/Amortisation
|
47 160 000
|
-3,0%
|
48 600 000
|
6,2%
|
45 768 000
|
|
|
|
- Other
charges
|
1 892 000
|
147,6%
|
764 000
|
-44,8%
|
1 384 000
|
|
|
|
Operating
result
|
24 105 000 €
|
129,6%
|
-81 316 000 €
|
-189,6%
|
90 736 000 €
|
27 447,50 €
|
87722,2%
|
|
|
3,33 % CA
|
119,0%
|
-17,54 % CA
|
-305,9%
|
8,52 % CA
|
1,91 % CA
|
74,3%
|
|
Operating
result
|
24 105 000 €
|
129,6%
|
-81 316 000 €
|
-189,6%
|
90 736 000 €
|
27 447,50 €
|
87722,2%
|
|
+/- Result of
joint-venture transferred from/to other partners
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
+ Financial
income
|
8 465 000
|
-22,2%
|
10 887 000
|
-50,2%
|
21 849 000
|
|
|
|
- Financial
charges
|
10 118 000
|
-22,0%
|
12 968 000
|
-49,3%
|
25 580 000
|
|
|
|
Pre-tax
result
|
22 452 000 €
|
126,9%
|
-83 397 000 €
|
-195,9%
|
87 005 000 €
|
20 244 €
|
110806,9%
|
|
|
3,10 % CA
|
117,2%
|
-17,99 % CA
|
-320,2%
|
8,17 % CA
|
1,20 % CA
|
158,3%
|
|
Extraordinary
income
|
4 829 000
|
-92,8%
|
67 160 000
|
579,6%
|
9 883 000
|
56 973
|
8375,9%
|
|
-
Extraordinary charges
|
18 563 000
|
6,9%
|
17 363 000
|
-13,5%
|
20 078 000
|
|
|
|
Extraordinary
result
|
-13 734 000 €
|
-127,6%
|
49 797 000 €
|
588,4%
|
-10 195 000 €
|
-90 €
|
-15259900%
|
|
|
-1,90 % CA
|
-117,7%
|
10,74 % CA
|
1218,8%
|
-1 % CA
|
-00,04 % CA
|
-4650,0%
|
|
Pre-tax
result
|
22 452 000 €
|
126,9%
|
-83 397 000 €
|
-195,9%
|
87 005 000 €
|
20 244 €
|
110806,9%
|
|
Extraordinary
result
|
-13 734 000 €
|
-127,6%
|
49 797 000 €
|
588,4%
|
-10 195 000 €
|
-90 €
|
-15259900%
|
|
- Employee
profit sharing
|
0
|
0%
|
-2 000
|
-100,0%
|
4 989 000
|
|
|
|
- Tax on
profits
|
-1 642 000
|
14,3%
|
-1 915 000
|
-108,4%
|
22 889 000
|
|
|
|
Net result
|
10 360 000 €
|
132,7%
|
-31 683 000 €
|
-164,7%
|
48 932 000 €
|
16 123 €
|
64156,0%
|
|

|
1,43 % CA
|
120,9%
|
-6,83 % CA
|
-248,8%
|
4,59 % CA
|
0,74 % CA
|
93,2%
|
|
|
|
|