Report 2010 - Italcementi Group

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The table below sets out other segment data at December 31, 2010: December 31, 2010 Operating assets Operating liabilities Investments in associates Depreciation PPE and amortization intangible assets Impairment (in thousands of euro) Italy 1,173,675 285,394 4,498 (90,626) 1,337 France-Belgium 1,958,148 491,672 7,876 (99,902) (1,308) Spain 547,913 58,570 - (20,547) (2,890) Others C.W.E. 101,708 20,746 61,605 (4,396) - Eliminations (5,822) (5,814) - - - C.W.E. 3,775,622 850,568 73,979 (215,471) (2,861) North America 1,127,477 122,122 86,331 (69,883) - Egypt 1,306,461 223,198 5,862 (76,338) (3,030) Morocco 630,146 116,810 40,706 (26,836) Others EE.NA.ME. 521,267 63,702 1,269 (27,201) (1,302) Eliminations (266) (266) - - - EE.NA.ME. 2,457,608 403,444 47,837 (130,375) (4,332) Thailand 355,035 40,250 - (22,019) (26) India 455,201 61,045 - (15,742) - Others Asia 116,772 15,782 - (9,175) (744) Eliminations - - - - - Asia 927,008 117,077 - (46,936) (770) Cement & clinker trading 80,720 35,658 4,114 (2,921) Other operations 171,446 135,001 - (6,957) (19) Unallocated postings - - - - - Eliminations (96,261) (101,644) - - - Total 8,443,620 1,562,226 212,261 (472,543) (7,982) 94
2010 Annual Report Presentazione 6 Consolidated Annual Report Directors’ report 27 Corporate Governance Consolidated financial statements Financial statements 68 Italcementi S.p.A. financial statements Notes 73 Annexes 142 Report of the Independent Auditors 151 The table below sets out other segment data at December 31, 2009: December 31, 2009 Operating assets Operating liabilities Investments in associates Depreciation PPE and amortization intangible assets Impairment (in thousands of euro) Italy 1,223,294 292,314 29,380 (96,035) (13,901) France-Belgium 2,058,352 500,583 8,169 (104,032) (1,606) Spain 582,001 62,615 - (24,163) (1,898) Others C.W.E. 103,496 24,486 63,532 (4,413) - Eliminations (3,934) (3,933) - - - C.W.E. 3,963,209 876,065 101,081 (228,643) (17,405) North America 1,066,420 135,671 73,879 (47,860) (10,043) Egypt 1,300,142 195,881 5,110 (78,287) - Morocco 536,862 97,103 40,447 (23,630) - Others EE.NA.ME. 494,008 54,619 1,279 (28,969) - Eliminations (320) (319) - - - EE.NA.ME. 2,330,692 347,284 46,836 (130,886) - Thailand 305,485 31,907 - (21,710) (19,797) India 348,016 40,349 - (13,478) Others Asia 101,803 13,028 1,672 (7,616) Eliminations - - - - - Asia 755,304 85,284 1,672 (42,804) (19,797) Cement & clinker trading 65,127 33,790 4,969 (2,549) - Other operations 188,545 134,013 - (7,013) (6,711) Unallocated postings - - - - - Eliminations (99,456) (104,032) - - - Total 8,269,841 1,508,075 228,437 (459,755) (53,956) Operating assets and liabilities include all current and non-current assets and liabilities with the exception of tax and financial assets and liabilities. 95 www.italcementigroup.com
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2010 Annual Report
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2010 Annual Report Italcementi S.p.
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In the past three financial years w
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2010 Annual Report Presentation Gen
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Directors’ report Following the a
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Significant events for the year Sig
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Business and financial performance
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Fourth-quarter sales volumes and in
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Revenues and operating results Cont
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Total comprehensive income In 2010,
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Net debt breakdown (in millions of
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2010 to the Internal Control Commit
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Page 64 and 65: serves public companies and institu
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Page 70 and 71: Statement of comprehensive income (
Page 72 and 73: Consolidated cash flow statement No
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Page 76 and 77: no longer generate goodwill, nor ga
Page 78 and 79: Subsidiaries Subsidiaries are compa
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Page 82 and 83: 1.10. Intangible assets Intangible
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Page 86 and 87: Pending publication of a standard/i
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Page 96 and 97: Assets 5 Property, plant and equipm
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Page 134 and 135: The reconciliation between the theo
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Company Registered office Share cap
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Representation form pursuant to art
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Financial statements Balance sheet
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Statement of comprehensive income (
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Cash flow statement 2010 2009 (euro
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Transactions with related parties o
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Summary of resolutions The Annual G
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Extraordinary session: 1) to amend
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Report on Corporate Governance and
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c) Significant shareholders as disc
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In the event of presentation of mor
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By resolution of June 20 th , 2007,
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d) Analysis of controls at process
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8) the various company functions, w
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knowledge of the company and its dy
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Emilio Zanetti * Unione di Banche I
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at their request, the Chief Executi
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The lists must be presented at the
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- for the simultaneous replacement
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Within the Board of Directors, the
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their level of agreement has been m
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The Board of Directors, with the as
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TABLE 2 BOARD OF STATUTORY AUDITORS
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Code of ethics The Code, approved f
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only if the unrelated shareholders
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EQUITY INVESTMENTS OF DIRECTORS, ST
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parent company, on a regular basis,
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Stock option plan for directors - 2
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Based on the opinion of the Committ
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g) Share capital increase; disposal
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Italcementi S.p.A. will have a pre-
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iii) approving for each assignee th
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Annex 1 Highlights from the most re
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(in thousands of euro) Full name Po
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STOCK OPTIONS GRANTED TO DIRECTORS
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CIMENTS FRANÇAIS S.A. Options held
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Corporate bodies resulting from the
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italcementi S.p.A. Via G. Camozzi,
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Report 2010 - Italcementi Group

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