2005 Annual Report - Touax

Additional information
Subscribed capital
The capital is fully subscribed and paid up.
Shares not representing capital
There are no shares which do not represent capital.
Composition of the capital
As at 31 December the capital comprises 3,764,919
shares which have a par value of €8 and are fully
paid up. Following a reserved capital increase adopted
at the Annual General Meeting of 31 January
2006, the capital as at the date of compilation of this
document comprises 3,885,519 shares which have a
par value of €8 and are fully paid up, representing
5,128,031 voting rights.
Potential capital
The share subscription or purchase options and
equity warrants granted by TOUAX SCA are detailed
in the notes to the consolidated financial statements
note 21 Page 80.
Stock market data
The TOUAX share price
The TOUAX share ended 2005 at €23.45, a rise of
13.83% compared to the price on 31 December 2004
(€20.60). The highest level of the year was reached
on 22 March 2005 at €23.72, the lowest level on 18
April 2005 at €19.25.
As at 31 December 2005, the market capitalization of
the Group amounted to €88.29 million.
(€) 2001 2002 2003 2004 2005
Consolidated data
Total number of shares as at 31 December (2) 2,838,127 2,838,127 2,838,127 2,838,127 3,764,929
Net dividend per share 0.36 0.60 0.25 0.60 0.70
Tax credit (1) 0.18 0.30 0.125 0.00 0.00
Total dividend per share 0.54 0.90 0.375 0.60 0.70
Repayment of contribution /
Exceptional distribution per share 0.24 – 0.35 – –
Total per share 0.78 0.90 0.725 0.60 0.7 (2)
Total distributed in respect of the financial year 1,702,876 1,702,876 1,702,876 1,702,876 2,635,443
Increase in distribution 5 % 0 % 0 % 0 % 55 %
Share ratios
Net earnings per share 1.03 0.89 0.91 1.12 1.4
P.E.R. (4) 17.53 13.85 16.43 18.39 16.75
Total return on share (%) 4.32 7.30 4.85 2.91 3.00 (3)
Share data
annual report 2005
Historical background
The TOUAX share was listed on the “Marché comptant”
in Paris on 7 May 1906. It was transferred to the
Second Marché on 14 June 1999. On 2 January 2002,
TOUAX became part of the NextPrime segment of
the Euronext market. Since that date, the TOUAX
share has formed part of the sample making up the
NextPrime index. Following a restructuring of the
listing, TOUAX has formed part of compartment C of
Eurolist Paris.
Maximum price of the share 27.44 19.50 16.75 21.20 23.72
Minimum price of the share 14.80 11.00 9.80 14.55 19.25
Price on 31 December 18.06 12.33 14.95 20.60 23.45
Market capitalisation (M€ ) on 31 December 51.26 34.99 42.43 58.47 88.29
Average daily trading volume (€ thousands) 13.69 5.84 9.98 18.93 94.04
Average daily number of shares traded 639 364 764 1,038 4,385
(1) The tax credit is equal to 50% of the net dividend for individual shareholders resident in France.
(2) The figures for the 2005 distribution have been drawn up on the basis of the proposal of the Managers to the General Meeting.
(3) The total return on the share for 2005 is calculated on the basis of the price on 31 December 2005.
(4) Ratio of market capitalization to net income (Price Earnings Ratio).
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