|
Active Account | Passive Account |
Account Results
|
|
Synthesized Accounts
|
Annual Accounts
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
|
Account period
(month)
|
12
|
|
12
|
|
12
|
|
|
|
Account Type
|
Normal
|
|
Normal
|
|
Normal
|
|
|
|
Deposit date
|
05/10/2012
|
|
06/07/2011
|
|
22/07/2010
|
|
|
|
Activity Code
|
2014Z
|
|
2014Z
|
|
2014Z
|
|
|
|
Employees
|
0
|
|
0
|
|
6357
|
|
|
Active account
|
Annual Accounts
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector
Median 2011
|
|
|
Capital not called
|
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Total fixed assets
|
2 333 200
000
|
9,0%
|
2 140 700
000
|
24,1%
|
1 725 100
000
|
652 958
|
357227,7%
|
|
- Intangible assets
|
113 800 000
|
261,3%
|
31 500 000
|
14,1%
|
27 600 000
|
12 195
|
933069,3%
|
|
- Tangible assets
|
717 800 000
|
6,8%
|
672 100 000
|
4,1%
|
645 700 000
|
361 112
|
198674,9%
|
|
- Financial assets
|
1 526 700
000
|
6,2%
|
1 437 100
000
|
36,6%
|
1 051 800
000
|
5 077
|
30070808,0%
|
|
Net current assets
|
1 539 600
000
|
-3,7%
|
1 599 100
000
|
30,3%
|
1 227 000
000
|
1 748 000
|
87977,8%
|
|
- Stocks
|
454 200 000
|
29,0%
|
352 200 000
|
9,0%
|
323 200 000
|
276 227
|
164330,0%
|
|
- Advanced payments
|
61 100 000
|
-3,7%
|
67 600 000
|
-8,3%
|
73 700 000
|
0
|
0%
|
|
- Receivables
|
926 900 000
|
30,3%
|
711 600 000
|
-13,0%
|
818 200 000
|
948 848
|
97586,9%
|
|
- Securities and cash
|
97 400 000
|
-79,2%
|
467 800 000
|
3831,1%
|
11 900 000
|
116 260
|
83677,7%
|
|
- Prepaid expenses
|
-
|
-
|
-
|
-
|
-
|
573
|
-
|
|
Accounts of regularization
|
26 400 000
|
-37,7%
|
42 400 000
|
223,7%
|
13 100 000
|
0
|
0%
|
|
Total Assets
|
3 899 500
000
|
3,1%
|
3 782 300
000
|
27,6%
|
2 964 900
000
|
3 419 727
|
113929,6%
|
Passive Account
|
Annual
Accounts
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector Median 2011
|
|
|
Shareholders' equity
|
57 600 000
|
-84,5%
|
370 700 000
|
116,7%
|
171 100 000
|
868 357
|
6533,2%
|
|
Share capital
|
274 800 000
|
0%
|
274 800 000
|
300%
|
68 700 000
|
200 000
|
137300%
|
|
Other capital resources
|
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Risk Provisions
|
873 200 000
|
69,8%
|
514 400 000
|
11,0%
|
463 400 000
|
3 631
|
24048371,5%
|
|
Liabilities
|
2 956 900
000
|
2,2%
|
2 893 100
000
|
24,6%
|
2 321 100
000
|
996 170
|
296726,8%
|
|
- Financial liabilities
|
2 117 400
000
|
0,2%
|
2 113 800
000
|
31,0%
|
1 613 900
000
|
133 261
|
1588812,0%
|
|
- Advanced payments received
|
5 000 000
|
16,3%
|
4 300 000
|
-8,5%
|
4 700 000
|
0
|
0%
|
|
- Trade account payables
|
501 900 000
|
11,7%
|
449 500 000
|
15,7%
|
388 500 000
|
371 647
|
134947,5%
|
|
- Tax and social liabilities
|
207 500 000
|
1,0%
|
205 400 000
|
-17,8%
|
249 900 000
|
195 196
|
106203,4%
|
|
- Other debts and fixed assets liabilities
|
135 100 000
|
12,3%
|
120 300 000
|
68,3%
|
71 500 000
|
34 607
|
390283,4%
|
|
Account regularization
|
1 900 000
|
-50,0%
|
3 800 000
|
90,0%
|
2 000 000
|
0
|
0%
|
|
Total liabilities
|
3 899 500
000
|
3,1%
|
3 782 300
000
|
27,6%
|
2 964 900
000
|
3 419 727
|
113929,6%
|
Results
|
Annual Accounts
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector
Median 2011
|
|
|
Sales of Goods
|
4 022 100 000
|
20,1%
|
3 347 600 000
|
26,7%
|
2 642 700 000
|
2 801 009
|
143494,7%
|
|
Net turnover
|
3 683 100 000
|
18,4%
|
3 112 000 000
|
24,8%
|
2 493 800 000
|
2 227 087
|
165277,5%
|
|
- of which net
export turnover
|
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Operating charges
|
4 002 300 000
|
17,4%
|
3 408 300 000
|
17,3%
|
2 904 400 000
|
2 875 742
|
139074,5%
|
|
Operating
profit/loss
|
19 800 000
|
132,6%
|
-60 700 000
|
76,8%
|
-261 700 000
|
41 668
|
47418,5%
|
|
Financial income
|
122 000 000
|
-1,4%
|
123 700 000
|
-28,3%
|
172 500 000
|
7 909
|
1542446,5%
|
|
Financial charges
|
95 900 000
|
8,2%
|
88 600 000
|
-34,8%
|
135 900 000
|
15 690
|
611117,3%
|
|
Financial
profit/loss
|
26 100 000
|
-25,6%
|
35 100 000
|
-4,1%
|
36 600 000
|
-748
|
3489404,8%
|
|
Pretax net
operating income
|
45 900 000
|
279,3%
|
-25 600 000
|
88,6%
|
-225 100 000
|
37 573
|
122062,2%
|
|
Extraordinary
income
|
119 900 000
|
32,6%
|
90 400 000
|
-87,6%
|
729 200 000
|
9 000
|
1332122,2%
|
|
Extraordinary
charges
|
501 900 000
|
509,8%
|
82 300 000
|
-89,3%
|
767 500 000
|
6 968
|
7202827,7%
|
|
Extraordinary
profit/loss
|
-382 000 000
|
-4816,0%
|
8 100 000
|
121,1%
|
-38 300 000
|
0
|
0%
|
|
Net result
|
-318 300 000
|
-45371,4%
|
-700 000
|
99,7%
|
-244 500 000
|
42 066
|
-756768,1%
|
|
|
|
|
Normal Account
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Months
|
|
12
|
|
12
|
|
12
|
Accounts - Active
Current Assets | Equalization accounts | Reference
Grand Total - Passive Accounts (I to IV)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
 
|
Grand Total (I to VI)
|
Net
|
3 899 500 000
|
3,1%
|
3 782 300 000
|
27,6%
|
2 964 900 000
|
|
|
Gross
|
CO
|
7 122 400 000
|
2,4%
|
6 954 600 000
|
15,0%
|
6 047 300 000
|
|
|
Amortisation
|
1A
|
3 222 900 000
|
1,6%
|
3 172 300 000
|
2,9%
|
3 082 400 000
|
Non declared distributed capital (I)
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Non declared distributed capital (I)
|
AA3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AA
|
0
|
0%
|
0
|
0%
|
0
|
Active fixed asset (II)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total Active fixed asset (II)
|
Net
|
2 333 200 000
|
9,0%
|
2 140 700 000
|
24,1%
|
1 725 100 000
|
|
|
Gross
|
BJ
|
5 478 000 000
|
4,0%
|
5 266 800 000
|
10,7%
|
4 758 000 000
|
|
|
Amortisation
|
BK
|
3 144 800 000
|
0,6%
|
3 126 100 000
|
3,1%
|
3 032 900 000
|
Intangilble fixed assets
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
30 800 000
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AF
|
242 400 000
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
AG
|
211 600 000
|
0%
|
0
|
0%
|
0
|
|
|
Goodwill
|
Net
|
28 600 000
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
AH
|
28 600 000
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
AI
|
25 100 000
|
0%
|
0
|
0%
|
0
|
|
|
Other intangible fixed assets
|
Net
|
54 400 000
|
72,7%
|
31 500 000
|
14,1%
|
27 600 000
|
|
|
Gross
|
AJ
|
54 900 000
|
-79,1%
|
263 100 000
|
4,3%
|
252 300 000
|
|
|
Amortisation
|
AK
|
500 000
|
-99,8%
|
231 600 000
|
3,1%
|
224 700 000
|
|
|
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
|
113 800 000
|
261,3%
|
31 500 000
|
14,1%
|
27 600 000
|
Tangilble fixed assets
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Lands
|
Net
|
30 300 000
|
0,7%
|
30 100 000
|
-3,2%
|
31 100 000
|
|
|
Gross
|
AN
|
45 200 000
|
0,2%
|
45 100 000
|
-0,4%
|
45 300 000
|
|
|
Amortisation
|
AO
|
14 900 000
|
-0,7%
|
15 000 000
|
5,6%
|
14 200 000
|
|
|
Buildings
|
Net
|
98 400 000
|
9,5%
|
89 900 000
|
-2,4%
|
92 100 000
|
|
|
Gross
|
AP
|
625 800 000
|
0,3%
|
623 700 000
|
1,7%
|
613 100 000
|
|
|
Amortisation
|
AQ
|
527 400 000
|
-1,2%
|
533 800 000
|
2,5%
|
521 000 000
|
|
|
Plant
|
Net
|
459 900 000
|
1,8%
|
451 600 000
|
-1,7%
|
459 400 000
|
|
|
Gross
|
AR
|
2 523 000 000
|
1,0%
|
2 497 900 000
|
2,6%
|
2 435 300 000
|
|
|
Amortisation
|
AS
|
2 063 100 000
|
0,8%
|
2 046 300 000
|
3,6%
|
1 975 900 000
|
|
|
Other tangible fixed assets
|
Net
|
6 400 000
|
-9,9%
|
7 100 000
|
-20,2%
|
8 900 000
|
|
|
Gross
|
AT
|
55 700 000
|
2,4%
|
54 400 000
|
0,6%
|
54 100 000
|
|
|
Amortisation
|
AU
|
49 300 000
|
4,2%
|
47 300 000
|
4,6%
|
45 200 000
|
|
|
Fixed assets in construction
|
Net
|
122 800 000
|
31,5%
|
93 400 000
|
72,3%
|
54 200 000
|
|
|
Gross
|
AV
|
123 800 000
|
32,1%
|
93 700 000
|
72,6%
|
54 300 000
|
|
|
Amortisation
|
AW
|
1 000 000
|
233,3%
|
300 000
|
200%
|
100 000
|
|
|
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
|
717 800 000
|
|
672 100 000
|
|
645 700 000
|
Financial assets
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
866 600 000
|
-2,6%
|
890 000 000
|
1,8%
|
874 500 000
|
|
|
Gross
|
CU
|
1 118 100 000
|
-2,0%
|
1 141 400 000
|
1,8%
|
1 121 700 000
|
|
|
Amortisation
|
CV
|
251 500 000
|
0,0%
|
251 400 000
|
1,7%
|
247 200 000
|
|
|
Inter-company receivables
|
Net
|
498 800 000
|
62,2%
|
307 600 000
|
85,7%
|
165 600 000
|
|
|
Gross
|
BB
|
498 800 000
|
62,2%
|
307 600 000
|
85,7%
|
165 600 000
|
|
|
Amortisation
|
BC
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other investment securities
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BD
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Loans
|
Net
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BF
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BG
|
0
|
|
0
|
|
0
|
|
|
Other financial assets
|
Net
|
161 300 000
|
-32,7%
|
239 500 000
|
1947,0%
|
11 700 000
|
|
|
Gross
|
BH
|
161 700 000
|
-32,6%
|
239 900 000
|
1371,8%
|
16 300 000
|
|
|
Amortisation
|
BI
|
400 000
|
0%
|
400 000
|
-91,3%
|
4 600 000
|
|
|
Sub Total Financial Assets
|
|
1 526 700 000
|
|
1 437 100 000
|
|
1 051 800 000
|
Current Assets (III)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total Assets
|
Net
|
1 539 600 000
|
-3,7%
|
1 599 100 000
|
30,3%
|
1 227 000 000
|
|
|
Gross
|
CJ
|
1 617 900 000
|
-1,7%
|
1 645 400 000
|
28,9%
|
1 276 400 000
|
|
|
Amortisation
|
CK
|
78 300 000
|
69,1%
|
46 300 000
|
-6,3%
|
49 400 000
|
Stocks
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Raw materials
|
Net
|
121 700 000
|
6,6%
|
114 200 000
|
-3,5%
|
118 400 000
|
|
|
Gross
|
BL
|
148 000 000
|
6,8%
|
138 600 000
|
-3,8%
|
144 100 000
|
|
|
Amortisation
|
BM
|
26 300 000
|
7,3%
|
24 500 000
|
-4,7%
|
25 700 000
|
|
|
Work in progress
(goods)
|
Net
|
22 500 000
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
BN
|
22 500 000
|
0%
|
0
|
0%
|
0
|
|
|
Amortisation
|
BO
|
0
|
0%
|
0
|
0%
|
0
|
|
|
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
|
310 000 000
|
30,3%
|
238 000 000
|
16,2%
|
204 800 000
|
|
|
Gross
|
BR
|
355 200 000
|
40,6%
|
252 600 000
|
15,7%
|
218 300 000
|
|
|
Amortisation
|
BS
|
45 200 000
|
209,6%
|
14 600 000
|
8,1%
|
13 500 000
|
|
|
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
|
454 200 000
|
29,0%
|
352 200 000
|
9,0%
|
323 200 000
|
Advance payments to suppliers
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Advance payments
to suppliers
|
Net
|
61 100 000
|
-9,6%
|
67 600 000
|
-8,3%
|
73 700 000
|
|
|
Gross
|
BV
|
61 100 000
|
-9,6%
|
67 600 000
|
-8,3%
|
73 700 000
|
|
|
Amortisation
|
BW
|
0
|
0%
|
0
|
0%
|
0
|
Debtors
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Trade accounts
receivable
|
Net
|
511 800 000
|
10,0%
|
465 400 000
|
-0,4%
|
467 200 000
|
|
|
Gross
|
BX
|
517 700 000
|
9,8%
|
471 700 000
|
-1,0%
|
476 500 000
|
|
|
Amortisation
|
BY
|
5 900 000
|
-6,3%
|
6 300 000
|
-32,3%
|
9 300 000
|
|
|
Other debtors
|
Net
|
413 200 000
|
69,0%
|
244 500 000
|
-30,0%
|
349 400 000
|
|
|
Gross
|
BZ
|
414 100 000
|
68,7%
|
245 400 000
|
-29,9%
|
350 300 000
|
|
|
Amortisation
|
CA
|
900 000
|
0%
|
900 000
|
0%
|
900 000
|
|
|
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
|
925 000 000
|
30,3%
|
709 900 000
|
-13,1%
|
816 600 000
|
Divers
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Investment
securities
|
Net
|
88 700 000
|
-80,9%
|
464 000 000
|
0%
|
0
|
|
|
Gross
|
CD
|
88 700 000
|
-80,9%
|
464 000 000
|
0%
|
0
|
|
|
Amortisation
|
CE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Cash and cash
equivalents
|
Net
|
8 700 000
|
128,9%
|
3 800 000
|
-68,1%
|
11 900 000
|
|
|
Gross
|
CF
|
8 700 000
|
128,9%
|
3 800 000
|
-68,1%
|
11 900 000
|
|
|
Amortisation
|
CG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sub Total Divers
|
Net
|
97 400 000
|
-79,2%
|
467 800 000
|
3831,1%
|
11 900 000
|
Prepaid expenses
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Prepaid expenses
|
Net
|
1 900 000
|
11,8%
|
1 700 000
|
6,2%
|
1 600 000
|
|
|
Gross
|
CH
|
1 900 000
|
11,8%
|
1 700 000
|
6,2%
|
1 600 000
|
|
|
Amortisation
|
CI
|
0
|
0%
|
0
|
0%
|
0
|
Equalization accounts (IV to VI)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Multi-period
charges
|
CW3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Premiums on
redemption of bonds
|
CM3
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Gross
|
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Currency
differential gain
|
CN3
|
26 400 000
|
-37,7%
|
42 400 000
|
223,7%
|
13 100 000
|
|
|
Gross
|
|
26 400 000
|
-37,7%
|
42 400 000
|
223,7%
|
13 100 000
|
References
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Grand Total (I to V)
|
EE
|
3 899 500 000
|
3,1%
|
3 782 300 000
|
27,6%
|
2 964 900 000
|
Shareholder Equity (I)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total shareholders' equity (Total I)
|
DL
|
57 600 000
|
-84,5%
|
370 700 000
|
116,7%
|
171 100 000
|
|
|
Equity and shareholders' equity
|
DA
|
274 800 000
|
0%
|
274 800 000
|
300%
|
68 700 000
|
|
|
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
|
6 900 000
|
0%
|
6 900 000
|
0%
|
6 900 000
|
|
|
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
|
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
|
-85 600 000
|
-0,8%
|
-84 900 000
|
-153,2%
|
159 600 000
|
|
|
Profit or loss for the period
|
DI
|
-318 300 000
|
-45371,4%
|
-700 000
|
99,7%
|
-244 500 000
|
|
|
Investment grants
|
DJ
|
9 600 000
|
1820,0%
|
500 000
|
-28,6%
|
700 000
|
|
|
Special tax-allowable reserves
|
DK
|
170 200 000
|
-2,2%
|
174 100 000
|
-3,1%
|
179 700 000
|
Other capital resources (II)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total provisions
for risks and charges (Total III)
|
DR
|
873 200 000
|
69,8%
|
514 400 000
|
11,0%
|
463 400 000
|
|
|
Risk provisions
|
DP
|
683 600 000
|
117,2%
|
314 700 000
|
15,2%
|
273 200 000
|
|
|
Reserves for
charges
|
DQ
|
189 600 000
|
-5,1%
|
199 700 000
|
5,0%
|
190 100 000
|
Liabilities (IV)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total Liabilities
(Total IV)
|
EC
|
2 956 900 000
|
2,2%
|
2 893 100 000
|
24,6%
|
2 321 100 000
|
|
|
Convertible
debentures
|
DS
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other debentures
|
DT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Bank loans and
liabilities
|
DU
|
128 100 000
|
-6,7%
|
137 300 000
|
-56,8%
|
317 600 000
|
|
|
Sundry loans and
financial liabilities
|
DV
|
1 989 300 000
|
0,6%
|
1 976 500 000
|
52,5%
|
1 296 300 000
|
|
|
Of which participating
loans
|
EI
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Advance payments
received for current orders
|
DW
|
5 000 000
|
16,3%
|
4 300 000
|
-8,5%
|
4 700 000
|
|
|
Trade accounts
payables
|
DX
|
501 900 000
|
11,7%
|
449 500 000
|
15,7%
|
388 500 000
|
|
|
Tax and social
security liabilities
|
DY
|
207 500 000
|
1,0%
|
205 400 000
|
-17,8%
|
249 900 000
|
|
|
Fixed asset
liabilities
|
DZ
|
71 500 000
|
15,7%
|
61 800 000
|
124,7%
|
27 500 000
|
|
|
Other debts
|
EA
|
51 700 000
|
-5,1%
|
54 500 000
|
57,5%
|
34 600 000
|
Translation loss (V)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Translation
loss (Total V)
|
ED
|
11 900 000
|
197,5%
|
4 000 000
|
-57,4%
|
9 400 000
|
Equalization accounts
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Deferred
income
|
EB
|
1 900 000
|
-50,0%
|
3 800 000
|
90,0%
|
2 000 000
|
References
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Operating result (Total I-II)
|
GG
|
19 800 000
|
132,6%
|
-60 700 000
|
76,8%
|
-261 700 000
|
2 - Financial result (V - VI)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Financial result (Total V-VI)
|
GV
|
26 100 000
|
-25,6%
|
35 100 000
|
-4,1%
|
36 600 000
|
3 - Pre-tax net operating income result (I - VI)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Pre-tax net operating income (Total I-II+II-IV+V-VI)
|
GW
|
45 900 000
|
279,3%
|
-25 600 000
|
88,6%
|
-225 100 000
|
4 - Extraordinary result (VII-VIII)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Extraordinary result (Total VII-VIII)
|
HI
|
-382 000 000
|
-4816,0%
|
8 100 000
|
121,1%
|
-38 300 000
|
Profit or loss
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Profit or loss
|
HN
|
-318 300 000
|
-45371,4%
|
-700 000
|
99,7%
|
-244 500 000
|
Total Income (I+III+V+VII)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total Income (I+III+V+VII)
|
HL
|
4 264 000 000
|
19,7%
|
3 561 700 000
|
0,5%
|
3 544 300 000
|
Total charges (Total II+IV+VI+VIII+IX+X)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total charges (Total II+IV+VI+VIII+IX+X)
|
HM
|
4 582 600 000
|
28,6%
|
3 562 400 000
|
-6,0%
|
3 788 800 000
|
Operating income (I)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total operating income (Total I)
|
FR
|
4 022 100 000
|
20,1%
|
3 347 600 000
|
26,7%
|
2 642 700 000
|
Operating income (details)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
3 424 100 000
|
19,9%
|
2 855 700 000
|
26,4%
|
2 259 100 000
|
|
|
France
|
FD
|
3 424 100 000
|
19,9%
|
2 855 700 000
|
26,4%
|
2 259 100 000
|
|
|
Export
|
FE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Sale of services
|
FI
|
259 000 000
|
1,1%
|
256 300 000
|
9,2%
|
234 700 000
|
|
|
France
|
FG
|
259 000 000
|
1,1%
|
256 300 000
|
9,2%
|
234 700 000
|
|
|
Export
|
FH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Net turnover
|
FL
|
3 683 100 000
|
18,4%
|
3 112 000 000
|
24,8%
|
2 493 800 000
|
|
|
France
|
FJ
|
3 683 100 000
|
18,4%
|
3 112 000 000
|
24,8%
|
2 493 800 000
|
|
|
Export
|
FK
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Stocked production
|
FM
|
125 000 000
|
264,4%
|
34 300 000
|
136,8%
|
-93 200 000
|
|
|
Self-constructed assets
|
FN
|
15 300 000
|
44,3%
|
10 600 000
|
2,9%
|
10 300 000
|
|
|
Operating grants
|
FO
|
8 600 000
|
50,9%
|
5 700 000
|
-8,1%
|
6 200 000
|
|
|
Release of reserves and provisions
|
FP
|
160 500 000
|
-2,3%
|
164 300 000
|
-21,1%
|
208 200 000
|
|
|
Other income
|
FQ
|
29 600 000
|
43,0%
|
20 700 000
|
20,3%
|
17 200 000
|
Operating charges (II)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total operating charges (Total II)
|
GF
|
4 002 300 000
|
17,4%
|
3 408 300 000
|
17,3%
|
2 904 400 000
|
Exploitation charges
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Purchase of goods for resale
|
FS
|
687 500 000
|
0%
|
0
|
0%
|
0
|
|
|
Change in stocks of goods for resale
|
FT
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Purchase of raw materials
|
FU
|
1 692 500 000
|
-8,3%
|
1 845 900 000
|
33,9%
|
1 379 000 000
|
|
|
Change in stocks of raw materials
|
FV
|
-9 200 000
|
-270,4%
|
5 400 000
|
-86,2%
|
39 000 000
|
|
|
Other external purchases and charges
|
FW
|
818 200 000
|
4,0%
|
786 600 000
|
5,2%
|
747 500 000
|
|
|
Tax, duty and similar payments
|
FX
|
57 200 000
|
9,2%
|
52 400 000
|
-2,4%
|
53 700 000
|
|
|
Payroll
|
FY
|
299 200 000
|
0,7%
|
297 200 000
|
-0,4%
|
298 400 000
|
|
|
Social security costs
|
FZ
|
174 000 000
|
11,7%
|
155 800 000
|
3,5%
|
150 600 000
|
Depreciation
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Depreciation of fixed assets
|
GA
|
136 900 000
|
-0,4%
|
137 400 000
|
3,2%
|
133 100 000
|
|
|
Amortisation of fixed assets
|
GB
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Depreciation/amortisation of current assets
|
GC
|
81 800 000
|
88,0%
|
43 500 000
|
-17,5%
|
52 700 000
|
|
|
Provisions for risks and charges
|
GD
|
50 900 000
|
-31,1%
|
73 900 000
|
86,1%
|
39 700 000
|
Other charges
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Other charges
|
GE
|
13 300 000
|
30,4%
|
10 200 000
|
-5,6%
|
10 800 000
|
Operating charges (III-IV)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total financial income (Total V)
|
GP
|
122 000 000
|
-1,4%
|
123 700 000
|
-28,3%
|
172 500 000
|
|
|
Share financial income
|
GJ
|
80 700 000
|
42,6%
|
56 600 000
|
-53,8%
|
122 400 000
|
|
|
Other investment income & capitalised receivables
|
GK
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other interest and similar income
|
GL
|
3 800 000
|
137,5%
|
1 600 000
|
-44,8%
|
2 900 000
|
|
|
Released provisions and transferred charges
|
GM
|
32 100 000
|
98,1%
|
16 200 000
|
-63,6%
|
44 500 000
|
|
|
Exchange gains
|
GN
|
2 100 000
|
-95,7%
|
49 000 000
|
1714,8%
|
2 700 000
|
|
|
Net income from disposal of investment securities
|
GO
|
3 300 000
|
1000%
|
300 000
|
0%
|
0
|
Financial Charge (VI)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total financial charge (Total VI)
|
GU
|
95 900 000
|
8,2%
|
88 600 000
|
-34,8%
|
135 900 000
|
|
|
Financial reserves and provisions
|
GQ
|
30 600 000
|
-44,6%
|
55 200 000
|
-17,6%
|
67 000 000
|
|
|
Interest and similar charges
|
GR
|
44 700 000
|
111,8%
|
21 100 000
|
-22,7%
|
27 300 000
|
|
|
Exchange losses
|
GS
|
20 600 000
|
67,5%
|
12 300 000
|
0%
|
0
|
|
|
Net loss from disposal of investment securities
|
GT
|
0
|
0%
|
0
|
0%
|
41 500 000
|
Extraordinary income (VII)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total extraordinary income (Total VII)
|
HD
|
119 900 000
|
32,6%
|
90 400 000
|
-87,6%
|
729 200 000
|
|
|
Extraordinary operating income
|
HA
|
13 900 000
|
107,5%
|
6 700 000
|
235,0%
|
2 000 000
|
|
|
Extraordinary income from capital transactions
|
HB
|
69 400 000
|
308,2%
|
17 000 000
|
-97,3%
|
624 200 000
|
|
|
Released provisions and transferred charges
|
HC
|
36 600 000
|
-45,1%
|
66 700 000
|
-35,2%
|
103 000 000
|
Extraordinary charges (VIII)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total extraordinary charges (Total VIII)
|
HH
|
501 900 000
|
509,8%
|
82 300 000
|
-89,3%
|
767 500 000
|
|
|
Extraordinary operating charges
|
HE
|
4 700 000
|
-61,8%
|
12 300 000
|
-65,1%
|
35 200 000
|
|
|
Extraordinary charges from capital transactions
|
HF
|
33 200 000
|
260,9%
|
9 200 000
|
-98,5%
|
605 600 000
|
|
|
Extraordinary reserves and provisions
|
HG
|
464 000 000
|
663,2%
|
60 800 000
|
-52,0%
|
126 700 000
|
Employee profit sharing (IX)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Employee profit sharing (Total IX)
|
HJ
|
0
|
0%
|
0
|
0%
|
0
|
Tax on profits (X)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Tax on profits (Total X)
|
HK
|
-17 500 000
|
-4,2%
|
-16 800 000
|
11,6%
|
-19 000 000
|
References
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Gross value at begin of period
|
OG
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess due to revaluation
|
OH
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess, acquisitions, creations, contributions
|
OJ
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by budget item transfer
|
OK1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
OK2
|
337 100 000
|
20,1%
|
280 600 000
|
-65,0%
|
802 200 000
|
|
|
Gross value at the end of period
|
OL
|
5 478 100 000
|
4,0%
|
5 266 900 000
|
10,7%
|
4 758 000 000
|
Research and development Charge (Total I)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Gross value at begin of period
|
KD
|
263 100 000
|
4,3%
|
252 300 000
|
-0,6%
|
253 700 000
|
|
|
Increasess due to revaluation
|
KE
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
KF
|
76 900 000
|
298,4%
|
19 300 000
|
46,2%
|
13 200 000
|
|
|
Decreasess by budget item transfer
|
LV1
|
-200 000
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
LV2
|
14 300 000
|
68,2%
|
8 500 000
|
-41,8%
|
14 600 000
|
|
|
Gross value at the end of period
|
LW
|
325 900 000
|
23,9%
|
263 100 000
|
4,3%
|
252 300 000
|
Tangible fixed assets (Total III)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Gross value at begin of period
|
LN
|
3 314 900 000
|
3,5%
|
3 202 100 000
|
3,2%
|
3 103 800 000
|
|
|
Increasess due to revaluation
|
LO
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
LP
|
214 700 000
|
-1,0%
|
216 800 000
|
86,3%
|
116 400 000
|
|
|
Decreasess by budget item transfer
|
NG1
|
200 000
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
NG2
|
155 900 000
|
49,9%
|
104 000 000
|
474,6%
|
18 100 000
|
|
|
Gross value at the end of period
|
NH
|
3 373 500 000
|
1,8%
|
3 314 900 000
|
3,5%
|
3 202 100 000
|
Fiancial assets (Total IV)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Gross value at begin of period
|
LQ
|
1 688 900 000
|
29,6%
|
1 303 600 000
|
-34,7%
|
1 997 200 000
|
|
|
Increasess due to revaluation
|
LR
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Increasess, acquisitions, creations, contributions
|
LS
|
256 700 000
|
-53,6%
|
553 400 000
|
629,1%
|
75 900 000
|
|
|
Decreasess by budget item transfer
|
NJ1
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Decreasess by transfers
|
NJ2
|
166 900 000
|
-0,7%
|
168 100 000
|
-78,2%
|
769 500 000
|
|
|
Gross value at the end of period
|
NK
|
1 778 700 000
|
5,3%
|
1 688 900 000
|
29,6%
|
1 303 600 000
|
Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Reserve for
depreciation value at begin of period
|
0N
|
0
|
0%
|
0
|
0%
|
0
|
|
Increases
|
0P
|
0
|
0%
|
0
|
0%
|
0
|
|
Decreasess
|
0Q
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Reserve for
depreciation value at the end of period
|
0R
|
0
|
0%
|
0
|
0%
|
0
|
Research and development charge (Total I)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Reserve for
depreciation value at begin of period
|
PE
|
206 700 000
|
3,5%
|
199 800 000
|
4,2%
|
191 700 000
|
|
Increases
|
PF
|
7 600 000
|
8,6%
|
7 000 000
|
-13,6%
|
8 100 000
|
|
Decreasess
|
PG
|
2 100 000
|
2000%
|
100 000
|
0%
|
0
|
|
|
Decreasess
by budget item transfer
|
PH
|
212 200 000
|
2,7%
|
206 700 000
|
3,5%
|
199 800 000
|
Total fixed assets amotisation (Total III)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Reserve for
depreciation value at begin of period
|
QU
|
2 579 600 000
|
5,0%
|
2 455 800 000
|
5,8%
|
2 321 500 000
|
|
Increases
|
QV
|
169 700 000
|
17,5%
|
144 400 000
|
-3,7%
|
149 900 000
|
|
Decreases
|
QW
|
154 500 000
|
650,0%
|
20 600 000
|
32,9%
|
15 500 000
|
|
|
Decreasess
by budget item transfer
|
QX
|
2 594 800 000
|
0,6%
|
2 579 600 000
|
5,0%
|
2 455 800 000
|
Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Value at begining
of period
|
7C
|
1 074 800 000
|
0,4%
|
1 070 000 000
|
-4,6%
|
1 121 600 000
|
|
Increases
|
UB
|
637 100 000
|
178,0%
|
229 200 000
|
-12,3%
|
261 200 000
|
|
Decreases
|
UC
|
252 400 000
|
12,5%
|
224 400 000
|
-28,3%
|
312 800 000
|
|
|
Value at the end
of period
|
UD
|
1 459 500 000
|
35,8%
|
1 074 800 000
|
0,4%
|
1 070 000 000
|
Includes Total allocations
|
|
Operating
|
UE
|
132 700 000
|
13,0%
|
117 400 000
|
27,1%
|
92 400 000
|
|
|
Financial
|
UG
|
30 600 000
|
-44,6%
|
55 200 000
|
-17,6%
|
67 000 000
|
|
|
Exceptional
|
UJ
|
462 300 000
|
756,1%
|
54 000 000
|
-47,0%
|
101 800 000
|
Includes Total
Withdrawal
|
|
Operating
|
UF
|
158 700 000
|
14,3%
|
138 900 000
|
-22,4%
|
178 900 000
|
|
|
Financial
|
UH
|
32 100 000
|
98,1%
|
16 200 000
|
-63,6%
|
44 500 000
|
|
|
Exceptional
|
UK
|
36 600 000
|
-45,1%
|
66 700 000
|
-25,4%
|
89 400 000
|
Total regulated provisions (Total I)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Value at begining
of period
|
3Z
|
174 100 000
|
-3,1%
|
179 700 000
|
-0,5%
|
180 600 000
|
|
Increases
|
TS
|
25 700 000
|
-10,5%
|
28 700 000
|
-21,4%
|
36 500 000
|
|
Decreases
|
TT
|
29 600 000
|
-13,7%
|
34 300 000
|
-8,3%
|
37 400 000
|
|
|
Value at the end
of period
|
TU
|
170 200 000
|
-2,2%
|
174 100 000
|
-3,1%
|
179 700 000
|
Total risk and charge provisions (Total II)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Value at begining
of period
|
5Z
|
514 400 000
|
11,0%
|
463 400 000
|
-16,0%
|
551 700 000
|
|
Increases
|
TV
|
490 400 000
|
259,8%
|
136 300 000
|
47,0%
|
92 700 000
|
|
Decreases
|
TW
|
131 600 000
|
54,3%
|
85 300 000
|
-52,9%
|
181 000 000
|
|
|
Value at the end
of period
|
TX
|
873 200 000
|
69,8%
|
514 400 000
|
11,0%
|
463 400 000
|
Total Provision for depreciation (Total III)
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Value at begining
of period
|
7B
|
386 300 000
|
-9,5%
|
426 900 000
|
9,7%
|
389 300 000
|
|
Increases
|
TY
|
121 000 000
|
88,5%
|
64 200 000
|
-51,4%
|
132 000 000
|
|
Decreases
|
TZ
|
91 200 000
|
-13,0%
|
104 800 000
|
11,0%
|
94 400 000
|
|
|
Value at the end
of period
|
UA
|
416 100 000
|
7,7%
|
386 300 000
|
-9,5%
|
426 900 000
|
State deadlines claims and debts at the end of
period
State claims
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Gross value
|
VT
|
0
|
0%
|
1 266 300 000
|
25,1%
|
1 011 900 000
|
|
|
1 year at most
|
VU
|
0
|
0%
|
956 500 000
|
12,5%
|
850 200 000
|
|
|
More than one year
|
VV
|
0
|
0%
|
309 800 000
|
91,6%
|
161 700 000
|
State of loans
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Claims related to
holdings (gross)
|
UL
|
0
|
0%
|
307 600 000
|
85,7%
|
165 600 000
|
|
|
Claims related to
shareholdings (1 year at most)
|
UM
|
0
|
0%
|
15 700 000
|
-20,3%
|
19 700 000
|
|
|
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%
|
239 900 000
|
1371,8%
|
16 300 000
|
|
|
Other financial
assets (1 year at most)
|
UV
|
0
|
0%
|
222 000 000
|
44300%
|
500 000
|
Receivables statement of assets
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Customers doubtful
or disputed
|
VA
|
0
|
0%
|
0
|
0%
|
0
|
|
|
Other claims
customer
|
UX
|
0
|
0%
|
471 700 000
|
-1,0%
|
476 500 000
|
|
|
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%
|
247 100 000
|
-29,8%
|
351 900 000
|
Prepaid
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Prepaid
|
VS
|
0
|
0%
|
0
|
0%
|
1 600 000
|
State Debt
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Total debt (gross)
|
VY
|
2 956 900 000
|
279,4%
|
779 300 000
|
10,2%
|
707 200 000
|
|
1 year at most
|
VZ2
|
2 168 400 000
|
178,2%
|
779 300 000
|
10,2%
|
707 200 000
|
|
More than 1 year and 5 years at most
|
VZ3
|
205 000 000
|
0%
|
0
|
0%
|
0
|
|
More than 5 years
|
VZ4
|
583 500 000
|
0%
|
0
|
0%
|
0
|
Details
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
12 900 000
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
VH2
|
12 900 000
|
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
|
2 104 500 000
|
0%
|
0
|
0%
|
0
|
|
1 year at most
|
8A2
|
1 316 000 000
|
0%
|
0
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
8A3
|
205 000 000
|
0%
|
0
|
0%
|
0
|
|
|
Suppliers and
associated accounts (gross)
|
8B1
|
501 900 000
|
11,7%
|
449 500 000
|
15,7%
|
388 500 000
|
|
1 year at most
|
8B2
|
501 900 000
|
11,7%
|
449 500 000
|
15,7%
|
388 500 000
|
|
More than 1 year and 5 years at most
|
8B3
|
501 900 000
|
11,7%
|
449 500 000
|
15,7%
|
388 500 000
|
|
|
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
|
207 500 000
|
1,0%
|
205 400 000
|
-17,8%
|
249 900 000
|
|
1 year at most
|
8D2
|
207 500 000
|
1,0%
|
205 400 000
|
-17,8%
|
249 900 000
|
|
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
|
71 500 000
|
15,7%
|
61 800 000
|
124,7%
|
27 500 000
|
|
1 year at most
|
8J2
|
71 500 000
|
15,7%
|
61 800 000
|
124,7%
|
27 500 000
|
|
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
|
56 700 000
|
-3,6%
|
58 800 000
|
42,4%
|
41 300 000
|
|
1 year at most
|
8K2
|
56 700 000
|
-3,6%
|
58 800 000
|
42,4%
|
41 300 000
|
|
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
|
1 900 000
|
-50,0%
|
3 800 000
|
0%
|
0
|
|
1 year at most
|
8L2
|
1 900 000
|
-50,0%
|
3 800 000
|
0%
|
0
|
|
More than 1 year and 5 years at most
|
8L3
|
0
|
0%
|
0
|
0%
|
0
|
References
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Dividends
|
ZE
|
0
|
0%
|
0
|
0%
|
0
|
Commitments
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
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
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Average
number of employees
|
YP
|
0
|
0%
|
0
|
0%
|
6 357
|
Groups and Shareholders
|
|
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
|
|
Groups and
Shareholders
|
ZR
|
0
|
-
|
0
|
-
|
-
|
|
|
|
|
Ratios
Structure and liquidity | Management or rotation | Profitability of the
business | Return on capital
Structure and Liquidity
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector Median 2011
|
|
|
Fixed Asset
Financing
|
|
1,13
|
-2,6%
|
1,16
|
4,5%
|
1,11
|
1,26
|
-10,3%
|
|
Global Debt
|
|
289 days
|
-13,7%
|
335 days
|
0%
|
335 days
|
152 days
|
90,1%
|
|
Working Capital
Fund overall net
|
|
70 days
|
-29,3%
|
99 days
|
30,3%
|
76 days
|
91 days
|
-23,1%
|
|
Financial
independence
|
|
44,96%
|
-83,3%
|
269,99%
|
401,2%
|
53,87%
|
683,02%
|
-93,4%
|
|
More ratios
|
|
Solvability
|
|
1,48%
|
-84,9%
|
9,80%
|
69,8%
|
5,77%
|
46,14%
|
-96,8%
|
|
Capacity debt
futures
|
|
446,51%
|
-
|
%
|
-
|
%
|
2492,73%
|
-82,1%
|
|
Coverage of
current assets by net working capital overall
|
|
41,94%
|
3,0%
|
40,72%
|
-0,8%
|
41,05%
|
48,24%
|
-13,1%
|
|
General Liquidity
|
|
0
|
0%
|
1,23
|
2,5%
|
1,20
|
0,77
|
0%
|
|
Restricted
Liquidity
|
|
0,04
|
-97,8%
|
1,83
|
50,0%
|
1,22
|
1,15
|
-96,5%
|
Management or rotation
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector Median 2011
|
|
|
Need background in
operating working capital
|
|
59 days
|
43,9%
|
41 days
|
-43,8%
|
73 days
|
58 days
|
1,7%
|
|
Treasury
|
|
10 days
|
-81,5%
|
54 days
|
2600%
|
2 days
|
10 days
|
0%
|
|
Inventory turnover
of goods
|
|
0 days
|
-
|
days
|
-
|
days
|
13 days
|
0%
|
|
Average length of
credit granted to customers
|
|
51 days
|
-7,3%
|
55 days
|
-20,3%
|
69 days
|
62 days
|
-17,7%
|
|
Average length of
credit obtained suppliers
|
|
57 days
|
-6,6%
|
61 days
|
-6,2%
|
65 days
|
64 days
|
-10,9%
|
|
More ratios
|
|
Inventory turnover
of raw materials in industrial enterprises
|
|
31 days
|
14,8%
|
27 days
|
-28,9%
|
38 days
|
51,50 days
|
-39,8%
|
|
Inventory turnover
of intermediate and finished products in the industrial enterprise
|
|
109 days
|
16,0%
|
94 days
|
20,5%
|
78 days
|
138 days
|
-21,0%
|
|
Rotation tangible
assets
|
|
109,18%
|
16,3%
|
93,88%
|
20,5%
|
77,88%
|
122,20%
|
-10,7%
|
Profitability of the business
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector Median 2011
|
|
|
Margin trading
|
|
-18,67%
|
0%
|
0%
|
0%
|
0
|
0%
|
0%
|
|
Profitability of
the business
|
|
3,06
|
393,5%
|
0,62
|
106,2%
|
-10,07
|
6,76%
|
-54,7%
|
|
Net profit
|
|
-8,64%
|
-43100%
|
-0,02%
|
99,8%
|
-9,80%
|
3,36%
|
-357,1%
|
|
More ratios
|
|
Growth rate of
turnover (excluding VAT)
|
|
18,35%
|
-26,0%
|
24,79%
|
200%
|
-24,79%
|
6,46%
|
184,1%
|
|
Rates integration
|
|
17,22%
|
3,2%
|
16,68%
|
69,5%
|
9,84%
|
24,90%
|
-30,8%
|
|
Rate leasing
furniture
|
|
0%
|
0%
|
0%
|
0%
|
0%
|
0%
|
0%
|
|
Work Factor
|
|
74,59%
|
-14,5%
|
87,28%
|
-52,3%
|
182,97%
|
51,63%
|
44,5%
|
|
Weight interests
|
|
2,60
|
-8,8%
|
2,85%
|
-47,7%
|
5,45%
|
0,60%
|
333,3%
|
Return on capital
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector Median 2011
|
|
|
Cash flow from the
overall profitability
|
|
1,35%
|
82,4%
|
0,74%
|
107,4%
|
-9,99%
|
7,07%
|
-80,9%
|
|
Rates of economic
profitability
|
|
5%
|
400%
|
1%
|
107,1%
|
-14%
|
10%
|
-50,0%
|
|
Financial
profitability
|
|
57600000%
|
-84,5%
|
370700000%
|
116,7%
|
171100000%
|
868357%
|
6533,2%
|
|
Return on
investment
|
|
-10,23%
|
-389,0%
|
3,54%
|
158,2%
|
-6,08%
|
7,54%
|
-235,7%
|
|
|
|
|
Soldes Intermédiaires de Gestion
|
|
31/12/2011
|
|
31/12/2010
|
|
31/12/2009
|
Sector Median 2011
|
|
|
Turnover
|
3 683 100 000
|
18,4%
|
3 112 000 000
|
24,8%
|
2 493 800 000
|
2 227 087 €
|
165277,5%
|
|
Sales of goods
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
- Purchase of goods
|
687 500 000
|
0%
|
0
|
0%
|
0
|
|
|
|
+/- Stock of goods variation
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
Trading margin
|
-687 500 000 €
|
0%
|
0 €
|
0%
|
0 €
|
0 €
|
0%
|
|
|
-18,67 % CA
|
0%
|
0,00 % CA
|
0%
|
0,00 % CA
|
0 % CA
|
0%
|
|
Sale of goods produced
|
3 683 100 000
|
18,4%
|
3 112 000 000
|
24,8%
|
2 493 800 000
|
|
|
|
+/- Stocked production
|
125 000 000
|
264,4%
|
34 300 000
|
136,8%
|
-93 200 000
|
|
|
|
+ Self-constructed assets
|
15 300 000
|
44,3%
|
10 600 000
|
2,9%
|
10 300 000
|
|
|
|
Period production
|
3 823 400 000 €
|
21,1%
|
3 156 900 000 €
|
30,9%
|
2 410 900 000 €
|
1 964 052 €
|
194569,0%
|
|
|
103,81 % CA
|
2,3%
|
101,44 % CA
|
4,9%
|
96,68 % CA
|
100 % CA
|
3,8%
|
|
Trading margin
|
-687 500 000
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
+ Period Production
|
3 823 400 000
|
21,1%
|
3 156 900 000
|
30,9%
|
2 410 900 000
|
1 964 052
|
194569,0%
|
|
- Purchase of raw materials
|
1 692 500 000
|
-8,3%
|
1 845 900 000
|
33,9%
|
1 379 000 000
|
|
|
|
+/- Change in stocks of raw materiels
|
-9 200 000
|
-270,4%
|
5 400 000
|
-86,2%
|
39 000 000
|
|
|
|
- Other external purchases and charges
|
818 200 000
|
4,0%
|
786 600 000
|
5,2%
|
747 500 000
|
|
|
|
Added value
|
634 400 000 €
|
22,2%
|
519 000 000 €
|
111,5%
|
245 400 000 €
|
336 519 €
|
188418,3%
|
|
|
17,22 % CA
|
3,2%
|
16,68 % CA
|
69,5%
|
9,84 % CA
|
24,90 % CA
|
-30,8%
|
|
Added value
|
634 400 000 €
|
22,2%
|
519 000 000 €
|
111,5%
|
245 400 000 €
|
336 519 €
|
188418,3%
|
|
+ Operating grants
|
8 600 000
|
50,9%
|
5 700 000
|
-8,1%
|
6 200 000
|
|
|
|
- Tax, duty and similar payments
|
57 200 000
|
9,2%
|
52 400 000
|
-2,4%
|
53 700 000
|
|
|
|
- Personal charges
|
473 200 000
|
4,5%
|
453 000 000
|
0,9%
|
449 000 000
|
|
|
|
Gross operating surplus
|
112 600 000 €
|
483,4%
|
19 300 000 €
|
107,7%
|
-251 100 000 €
|
79 853 €
|
140909,1%
|
|
|
3,06 % CA
|
393,5%
|
0,62 % CA
|
106,2%
|
-10,07 % CA
|
6,76 % CA
|
-54,7%
|
|
Gross operating surplus
|
112 600 000 €
|
483,4%
|
19 300 000 €
|
107,7%
|
-251 100 000 €
|
79 853 €
|
140909,1%
|
|
+ Release of reserves and provisions
|
160 500 000
|
-2,3%
|
164 300 000
|
-21,1%
|
208 200 000
|
|
|
|
+ Other operating income
|
29 600 000
|
43,0%
|
20 700 000
|
20,3%
|
17 200 000
|
|
|
|
- Depreciation/Amortisation
|
269 600 000
|
5,8%
|
254 800 000
|
13,0%
|
225 500 000
|
|
|
|
- Other charges
|
13 300 000
|
30,4%
|
10 200 000
|
-5,6%
|
10 800 000
|
|
|
|
Operating result
|
19 800 000 €
|
132,6%
|
-60 700 000 €
|
76,8%
|
-262 000 000 €
|
41 669 €
|
47417,3%
|
|
|
0,54 % CA
|
127,7%
|
-1,95 % CA
|
81,4%
|
-10,51 % CA
|
3,05 % CA
|
-82,3%
|
|
Operating result
|
19 800 000 €
|
132,6%
|
-60 700 000 €
|
76,8%
|
-262 000 000 €
|
41 669 €
|
47417,3%
|
|
+/- Result of joint-venture transferred from/to other partners
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
+ Financial income
|
122 000 000
|
-1,4%
|
123 700 000
|
-28,3%
|
172 500 000
|
|
|
|
- Financial charges
|
95 900 000
|
8,2%
|
88 600 000
|
-34,8%
|
135 900 000
|
|
|
|
Pre-tax result
|
45 900 000 €
|
279,3%
|
-25 600 000 €
|
88,6%
|
-225 400 000 €
|
38 532 €
|
119021,8%
|
|
|
1,25 % CA
|
252,4%
|
-0,82 % CA
|
90,9%
|
-9,04 % CA
|
2,93 % CA
|
-57,3%
|
|
Extraordinary income
|
119 900 000
|
32,6%
|
90 400 000
|
-87,6%
|
729 200 000
|
9 000
|
1332122,2%
|
|
- Extraordinary charges
|
501 900 000
|
509,8%
|
82 300 000
|
-89,3%
|
767 500 000
|
|
|
|
Extraordinary result
|
-382 000 000 €
|
-4816,0%
|
8 100 000 €
|
121,1%
|
-38 300 000 €
|
0 €
|
0%
|
|
|
-10,37 % CA
|
-4088,5%
|
0,26 % CA
|
116,9%
|
-2 % CA
|
0 % CA
|
0%
|
|
Pre-tax result
|
45 900 000 €
|
279,3%
|
-25 600 000 €
|
88,6%
|
-225 400 000 €
|
38 532 €
|
119021,8%
|
|
Extraordinary result
|
-382 000 000 €
|
-4816,0%
|
8 100 000 €
|
121,1%
|
-38 300 000 €
|
0 €
|
0%
|
|
- Employee profit sharing
|
0
|
0%
|
0
|
0%
|
0
|
|
|
|
- Tax on profits
|
-17 500 000
|
-4,2%
|
-16 800 000
|
11,6%
|
-19 000 000
|
|
|
|
Net result
|
-318 600 000 €
|
-45414,3%
|
-700 000 €
|
99,7%
|
-244 700 000 €
|
50 647 €
|
-629160,0%
|
|
|
-8,65 % CA
|
-43150,0%
|
-0,02 % CA
|
99,8%
|
-9,81 % CA
|
3,36 % CA
|
-357,4%
|
|
|
|
|
