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2005 Annual Report - Touax

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Financial information concerning the assets,<br />

financial position and results of the issuer<br />

note 5. Capital gains on disposals<br />

(€ thousands) 31.12.<strong>2005</strong> 31.12.2004<br />

Capital gains on disposals 2,836 4,547<br />

TOTAL 2,836 4,547<br />

The capital gains on disposals relate essentially to the conclusion of management programs in the modular<br />

buildings business and the disposal of river barges in the United States.<br />

note 6. Purchases and other external charges<br />

Change Change<br />

(€ thousands) 31.12.<strong>2005</strong> 31.12.2004 <strong>2005</strong>/2004 (%)<br />

Purchases of goods (88,968) (66,038) (22,929) 35%<br />

Other external services (58,205) (57,880) (325) 1%<br />

Taxes and duties (629) (454) (175) 39%<br />

TOTAL (147,802) (124,372) (23,429) 19%<br />

Purchases of goods<br />

The increase in goods purchased is associated with the rise in equipment sales in the shipping containers, railcars<br />

and modular buildings businesses.<br />

Other external services<br />

There has been no change in other external services.<br />

note 7. Personnel costs<br />

(€ thousands) 31.12.<strong>2005</strong> 31.12.2004<br />

Salaries & social charges (14,643) (11,550)<br />

Workforce 345 308<br />

annual report <strong>2005</strong><br />

The change in salaries and social charges is due to the increase in the workforce and the average salary.<br />

Personnel profit-sharing policy<br />

There is no personnel profit-sharing scheme. However, certain categories of personnel (executives, sales personnel)<br />

benefit from individually set annual performance-related bonuses or stock options.<br />

70<br />

Consolidated accounts

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