2005 Annual Report - Touax

Information concerning the issuer
History and evolution of the company
Business name and commercial name
TOUAX SCA
SGTR – CITE – CMTE – TAF – SLM
TOUAGE INVESTISSEMENT réunies
Place of registration and registration number
Registered office and administrative head office
Tour Arago – 5, rue Bellini
92806 Puteaux – La Défense cedex – France
Telephone: 01 46 96 18 00
Identification
Share capital
Since 6 February 2006, the company’s capital has been
composed of 3,885,519 shares of a par value of €8.
The capital is fully paid up.
Governing legislation
The partnership limited by shares is governed by the
Commercial Code, the decree of 23 March 1967 and
subsequent legislation on commercial companies.
Places at which legal documents relating to the
company may be consulted
The documents relating to TOUAX SCA may be
consulted at the company’s registered office.
Tel.: + 33 1 46 96 18 00
Fax: + 33 1 46 96 18 18
e-mail: touax@touax.com
ACTUS
Sébastien BERRET
11, rue Quentin Bauchart
75008 Paris – FRANCE
Tel.: + 33 1 53 67 36 74
Fax: + 33 1 53 67 36 37
e-mail: sberret@actus.fr
Historical background
Cf. the paragraph entitled “Historical background
page 2.
annual report 2005
Commercial and companies register:
Nanterre B 305 729 352
Siret number: 305 729 352 00099
APE: 741 J
Listed in Paris – Eurolist compartment C
Euronext Paris – Next Prime segment
ISIN code: FR0000033003
Reuters TETR. PA – Bloomberg TOUPFP equity
Date of incorporation and duration
The company was incorporated in 1898 and will be
wound up on 31 December 2104.
Legal form and legislation
Legal form of the company
Partnership limited by shares
Financial year
TOUAX SCA’s financial year begins on 1 January and
ends on 31 December.
Information policy
In addition to the annual report and publications in
the Bulletin des Annonces Légales Obligatoires
(BALO – the French bulletin of compulsory legal
notices), the company distributes a half-yearly
newsletter containing a segment-based analysis of
revenues and key events during the period.
A financial communication agreement has been
entered into with ACTUS FINANCE of 11, rue Quentin
Bauchart 75008 – Paris – FRANCE.
The annual reports, press releases and half-yearly
newsletters are available in French and English on
the company’s internet site (www.touax.com).
Important news which could have an impact on the
share price is disseminated systematically by the
press.
Persons responsible for the financial information
TOUAX SCA
Raphaël WALEWSKI
Tour Arago, 5 rue Bellini
92806 Puteaux – La Défense – FRANCE
Investments
Main investments
The Group’s activities involve the operational leasing
of mobile and standardized equipment, shipping
containers, modular buildings, river barges and railcars.
It is necessary to invest in such equipment in
order to lease it. The Group also carries out complementary
activities, namely management for thirdparty
investors. 80% of assets under Group
management are financed by investors and entrusted
to the Group for management under management
contracts. The Group’s growth policy is
therefore based on the signing of new equipment
leasing contracts with its customers, requiring new
investments to be made either by third-party investors
within management programs or by the Group
using its own means of financing.
The Group’s investment policy involves financing
owned assets in such a way as to maintain a debt-toequity
ratio of 1 to 1. The Group also finances assets
intended to be sold to investors on the basis of a 2-
to-1 debt-to-equity ratio. The assets intended for
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