Form 20-F 2005
Form 20-F 2005
Form 20-F 2005
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Property, Plant and Equipment<br />
The total gross value of our real property at December 31, <strong>20</strong>05 was €7,081 million. This sum includes the value of our inventory<br />
and equipment worth €5,732, and buildings worth €1,065 million. The total net value of our real property at December 31, <strong>20</strong>05<br />
was €2,135 million, approximately 37.8% of our total Consolidated Balance Sheet at December 31, <strong>20</strong>05. This includes the value<br />
of our inventory and equipment at €1,533 million and buildings worth €351 million.<br />
The table below sets forth the number of our principal production sites, by enterprise and geographic region, as of December 31,<br />
<strong>20</strong>05. The sizes of our sites vary considerably in terms of employees and production capacity. Of the 88 sites, 12 serve two or more<br />
enterprises. These sites are listed in the table under the principal enterprise utilizing the site. The table excludes facilities operated<br />
by joint ventures accounted for under the equity method.<br />
As of December 31, <strong>20</strong>05<br />
Europe North America Latin America Asia/Pacific Total<br />
Novecare 6 7 0 8 21<br />
Silcea 9 3 1 6 19<br />
Coatis 5 1 1 3 10<br />
Polyamide 9 0 3 2 14<br />
Acetow 2 1 2 0 5<br />
Eco Services 0 7 0 0 7<br />
Organics 6 0 0 2 8<br />
RPS 2 0 0 2 4<br />
Total 39 19 7 23 88<br />
We own all our properties, except for a limited number of sites that are subject to leases. See Note 14 to the Consolidated Financial<br />
Statements. Utilization of our principal facilities may vary with economic and other business conditions. Our business facilities<br />
generally have sufficient capacity for existing needs and expected near-term growth.<br />
Many of our manufacturing sites have an extended history of industrial use. See “Item 3. Key Information—Risk Factors—Risks<br />
Related to our Business” and “Item 4. Information About Rhodia—Health, Safety and Environment” for a discussion of environmental<br />
issues relating to our business.<br />
Item 4A. Unresolved Staff Comments<br />
Not applicable.<br />
36 <strong>Form</strong> <strong>20</strong> - F <strong>20</strong>05 - Rhodia