annual report - Royal Haskoning
annual report - Royal Haskoning
annual report - Royal Haskoning
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>annual</strong> <strong>report</strong>
key figures 2006<br />
development of the organisation<br />
Financial key figures x 1 mln.<br />
2006 2005<br />
Turnover<br />
Net turnover 274,1 219,5<br />
Turnover (operating income) 280,0 223,4<br />
Added value 204,6 171,2<br />
Net turnover domestic market/total % 59 57<br />
Turnover per staff member (x 3 1.000) 93,8 91,0<br />
Result<br />
Ebps (result before taxation and before profit sharing) 21,98 15,75<br />
Ebit (result before taxation and interest) 14,07 11,07<br />
Result before taxation 14,31 11,13<br />
Result after taxation 10,45 7,34<br />
Return on total equity % 23,3 18,0<br />
Invested Capital<br />
Balance sheet total 131,7 113,5<br />
Group equity 49,5 40,2<br />
Solvency % 37,6 35,4<br />
Net working capital/Balance sheet total % 30,6 28,4<br />
Liquidity<br />
Cash flow from operating activities 9,69 11,91<br />
Current ratio % 160,4 156,3<br />
>> consultants >> architects >> engineers >> consultants >> architects >> engineers >> consultants >> architects >><br />
contents<br />
1 > key figures 2006<br />
2-3 > <strong>Royal</strong> <strong>Haskoning</strong>’s stakeholders<br />
4-5 > profile <strong>Royal</strong> <strong>Haskoning</strong><br />
6-7 > the world of <strong>Royal</strong> <strong>Haskoning</strong><br />
8-11 > <strong>report</strong> of the supervisory board<br />
12-20 > <strong>report</strong> of the board of management<br />
22-43 > divisions<br />
44-47 > risk profile 2006<br />
48-59 > financial review<br />
60 > auditors’ <strong>report</strong><br />
61-64 > extended profile <strong>Royal</strong> <strong>Haskoning</strong><br />
67 > personalia<br />
68 > operational organisation<br />
70 > legal structure<br />
71 > statutory board of management &<br />
shareholders’ structure<br />
72-73 > active group companies & subsidiaries<br />
74-77 > addresses<br />
78 > websites
key figures 2006<br />
development of the organisation<br />
percentage net turnover by geographic area<br />
percentage net turnover by sector<br />
america africa<br />
international financial<br />
institutes<br />
other<br />
middle east and<br />
central asia<br />
asia<br />
4%<br />
6%<br />
1%<br />
5%<br />
utility companies<br />
10%<br />
2% 3%<br />
central and<br />
eastern europe<br />
7%<br />
37%<br />
government<br />
rest of west europe<br />
2%<br />
belgium<br />
4%<br />
59%<br />
the netherlands<br />
united kingdom<br />
11%<br />
private sector<br />
48%<br />
group equity in million 1<br />
turnover and added value in million 1<br />
60<br />
300<br />
50<br />
250<br />
40<br />
30<br />
200<br />
20<br />
150<br />
10<br />
0<br />
2003 2004 2005 2006<br />
100<br />
2003 2004 2005 2006<br />
net turnover in million 1<br />
added value in million 1<br />
result before taxation and before profit sharing in million 1<br />
result after taxation in million 1<br />
25<br />
25<br />
20<br />
20<br />
15<br />
15<br />
10<br />
10<br />
5<br />
5<br />
0<br />
2003 2004 2005 2006<br />
0<br />
2003 2004 2005 2006<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
1
<strong>Royal</strong> <strong>Haskoning</strong>’s stakeholders<br />
‘For the last two years <strong>Royal</strong> <strong>Haskoning</strong> has been hard at work on the EIAs for the construction<br />
and zoning of Maasvlakte 2. This project will give Mainport Rotterdam the space for long-term<br />
growth over the next twenty-five years. Ground-breaking scientific research for the comprehensive<br />
EIAs has been carried out at several sites. In our opinion the <strong>report</strong>s, which run to more than<br />
6000 pages, are very robust and give a large measure of certainty about the environmental<br />
impact. Because of our sustainable approach this is extremely limited, and thanks in part to<br />
<strong>Royal</strong> <strong>Haskoning</strong> we look forward to the permitting procedures over the next eighteen months<br />
with confidence.’<br />
Hans Smits, Port of Rotterdam<br />
‘As construction manager <strong>Royal</strong> <strong>Haskoning</strong> is involved with, among other things, the new build<br />
of the University of Amsterdam’s humanities library. We have got to know <strong>Royal</strong> <strong>Haskoning</strong> as<br />
a company with a great deal of in-house knowledge, providing service at the highest level. The<br />
consultants are always available, and help to find solutions born out of their great commitment<br />
to the project.’<br />
Salomé Bentinck, University of Amsterdam<br />
‘Many different issues are taken into account in the flood alleviation schemes <strong>Royal</strong> <strong>Haskoning</strong><br />
works on in the United Kingdom. These include legislation, maintenance, long-term costs, natural<br />
habitats and also the aesthetics of adequate flood defences. For projects in Morayshire and Somerset,<br />
I was consulted on sediment and morphology. It really is a pleasant and productive partnership.<br />
What happens in a river can never be fully reflected in mathematical models, but <strong>Royal</strong> <strong>Haskoning</strong><br />
is very professional at finding the right balance between conserving nature and the need for<br />
flood protection.’<br />
Colin Thorne, University of Nottingham<br />
‘As the first company in Europe to use a full 3-D service for engineering, visualisation and<br />
simulation, we badly need partners like <strong>Royal</strong> <strong>Haskoning</strong>. The world is indeed three-dimensional,<br />
but we have all learned to look at it two-dimensionally. Our innovative techniques are huge steps<br />
forward in cost management and project communication. There are very few companies in which<br />
we see the level of enthusiasm displayed by <strong>Royal</strong> <strong>Haskoning</strong>, a firm that sets itself apart from the<br />
rest with the strength of its professional knowledge and consultants who are on our wavelength.<br />
We complement one another well and have established a clear profile for future developments.’<br />
Willem van Spanje, DelftTech<br />
‘ING Facility Management called on <strong>Royal</strong> <strong>Haskoning</strong> for the development and roll-out of the<br />
accommodation concept we developed. We hire in the necessary knowledge and design and<br />
engineering capacity. This is about standardising the concept and working methods so that<br />
we can achieve the right balance between the organisation and the accommodation in all ING<br />
offices. In Europe there are still not many companies that can do this well, but the collaboration<br />
continues to improve and we are now growing towards a co-makership.’<br />
Marcel de Boer, ING Facility Management<br />
2
‘Holyhead is one of the busiest ports in the United Kingdom, serving a large part of the sea<br />
traffic to and from Ireland. With high working standards, <strong>Royal</strong> <strong>Haskoning</strong> has become our<br />
preferred marine consultancy. We don’t have in-house expertise and a one-stop-shop is<br />
important to us, as is the speed of reaction in backup services when there is a problem. We have<br />
developed a close working relationship, and <strong>Royal</strong> <strong>Haskoning</strong> are now helping us to prepare<br />
Holyhead for the future.’<br />
Wyn Parry, Stena Line Holyhead<br />
‘<strong>Royal</strong> <strong>Haskoning</strong> has a lot of international experience in a large number of varied disciplines.<br />
In their work the emphasis lies on quality solutions, thinking pro-actively with the client and<br />
from the viewpoint of their business processes. In Thailand we are working with specialists from<br />
<strong>Royal</strong> <strong>Haskoning</strong> on integrated projects principally for multinational and international companies.<br />
The international experience, <strong>Royal</strong> <strong>Haskoning</strong>’s complete package of services and CDW’s local<br />
knowledge in Thailand form a very attractive combination for many clients.’<br />
Frank Stoop, CDW (Participation of <strong>Royal</strong> <strong>Haskoning</strong>)<br />
‘The architects and engineers of Design 103 International and <strong>Royal</strong> <strong>Haskoning</strong> highly value innovative<br />
ideas in creating a better place for people to live, work and relax in. We work on cost-efficient and<br />
environment-sensitive designs without ever losing sight of opportunities to improve the way people<br />
experience the results. In all of our designs, we give serious consideration to health, security and safety,<br />
but also to independence, enjoyment and relaxation. All are important issues in today’s constantly<br />
changing and often challenging working environment. Apart from aesthetics, we focus on practicality<br />
and affordability while jointly providing high quality architectural solutions.’<br />
Ramese Kanjanapokin, Design 103 International<br />
‘I have worked at <strong>Royal</strong> <strong>Haskoning</strong> for more than thirteen years and have always been impressed<br />
by the diversity of opportunities that the company is able to offer. With a strong learning culture,<br />
extensive skills training and challenging and interesting projects, <strong>Royal</strong> <strong>Haskoning</strong> is continually<br />
strengthening its key asset, the staff. Our multidisciplinary approach and international exposure<br />
gives talented individuals broad opportunities to develop. We are among the top players in the<br />
coastal and rivers market and this makes me proud to work for <strong>Royal</strong> <strong>Haskoning</strong>.’<br />
Sarah Budd, <strong>Royal</strong> <strong>Haskoning</strong><br />
‘As one of the world’s most efficient container terminals, we have very clear ideas on the appearance<br />
and physical characteristics of all separate elements on the terminal. Most important is a seamless<br />
fit of these elements into the terminal operations. The very competitive terminal operating business<br />
requires thorough designing and frequent updating to the latest developments. Only an engineering<br />
consultancy with insight knowledge of our operations can accomplish this. <strong>Royal</strong> <strong>Haskoning</strong> has<br />
proven to be a good partner of SCCT in the designing, tendering and construction supervision of<br />
major parts of our terminal.’<br />
Philip Littlejohn, Suez Canal Container Terminal<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
3
4
we are <strong>Royal</strong> <strong>Haskoning</strong><br />
profile<br />
profile<br />
We are consultants, architects and engineers. Together, 3,600 professionals operating world-wide. Our professionalism is<br />
supported by our independent status; the shares are managed by an independent foundation. Our commitment sets us<br />
apart and is expressed in our pro-active approach.<br />
standards and values<br />
We are aware of our corporate social responsibility. Our core values and code of conduct are the basis of everything we do<br />
and ensure mutual trust, excellent cooperation and the success of our enterprise.<br />
mission<br />
We create solutions for problems relating to the sustainable interaction between people and their environment. We focus<br />
on important themes such as mobility, transformation of space, climate change, safety and risk, quality of life in the work<br />
environment, and aesthetics. This commitment to society is a source of inspiration. Our solutions place us at the heart of<br />
the community.<br />
vision<br />
We see our future as continuously increasing the added value of our services for our clients. We share ownership of the<br />
issues that are important to our clients.<br />
objective<br />
We aim to be among the leaders in our market and to achieve continuity through sustained growth. By being an<br />
‘employer of choice’ we offer our employees more than a work environment.<br />
strategy<br />
We will achieve our objective through our strategic ‘Clients First’ programme combining and enhancing our specialist and<br />
process management know-how. We are continuously improving our products and services. A structural innovation policy<br />
has to become the driving force of the continuing improvement we are striving for, and so we have built an ongoing analysis<br />
of our strengths and weaknesses, our opportunities and threats into our systems and processes.<br />
organisation<br />
We use our network of offices, partners and business contacts, to enable us to provide personal, effective and local<br />
consultancy services utilising the full range of experience, knowledge and expertise we have acquired world-wide. We are<br />
one company offering our clients a total package of services.<br />
An extended profile can be found on pages 61 to 64 of this <strong>annual</strong> <strong>report</strong>.<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
5
the world of <strong>Royal</strong> <strong>Haskoning</strong><br />
offices world-wide<br />
offices project offices employees*<br />
The Netherlands 22 2121<br />
United Kingdom 9 512<br />
Other Western European Countries 5 118<br />
Central and Eastern Europe 5 5 148<br />
Africa 9 11 49<br />
Middle East 4 6 50<br />
Asia 16 10 586<br />
United States and Latin America 2 2 8<br />
Total 72 34 3592<br />
* including temporary staff, trainees and employees in local subsidiaries (as of 1 February 2007)<br />
6
Prins Bernhardbrug, Zaanstad<br />
Hurricane protection system, New Orleans<br />
Transferium, Barneveld<br />
offices<br />
project offices<br />
The World, Dubai<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
7
supervisory board<br />
(from left to right) mr. K.G. de Vries, prof. dr. J.B. Opschoor, ms. mr. M.T.H. de Gaay Fortman, ir. J.J.M. Veraart,<br />
drs. P.P.J.J.M. van Besouw <<br />
8
ir. J.J.M. Veraart > Chairman > Member of the SB since 2001 > Term ends at the end of 2008 > Born in 1939 ><br />
Nationality Dutch > Positions currently held chairman of the Supervisory Board of Koninklijke De Vries Scheepsbouw B.V.,<br />
chairman of the Stichting ING aandelen, member of the Board Stichting Kastelen De Haar > Previous position president of<br />
the Board of Management of Hollandsche Beton Groep <<br />
drs. P.P.J.J.M. van Besouw Member of the SB since 2004 > Term ends at the end of 2007 > Born in 1946 > Nationality<br />
Dutch > Positions currently held managing director and owner of SMALLTAILS.COM, consultants > Current position external<br />
member of the Dutch Ministry of Education, Culture and Science audit committee, vice chairman of the Supervisory<br />
Board of RDW, chairman of the Beleggingsadviescommissie PSW, chairman of the Supervisory Board of Medisch Centrum<br />
Haaglanden, chairman of the PEK foundation, member of the board Stichting Cordeans > Previous position chairman of the<br />
Board of Management of Bank Nederlandse Gemeenten <<br />
mr. M.T.H. de Gaay Fortman Member of the SB since 2006 > Term ends at the end of 2009 > Born in 1965 ><br />
Nationality Dutch > Current position attorny and managing partner with Houthoff Buruma, lawyers, tax consultants and<br />
notaries > Other positions currently held member of the board of the John Adams Institute, member of the Supervisory<br />
Committee of the Stedelijk Museum Amsterdam, member of the board of the Netherlands Dance Theatre and of the<br />
St. Jansdal Hospital in Harderwijk, chairman of the Supervisory Committee of GGZ Dijk en Duin in Castricum, member of the<br />
Supervisory Committee of the Geldersch Landschap, Stichting Vrienden der Geldersche Kasteelen, member of the member<br />
of the Supervisory Committee AMREF Flying Doctors Nederland <<br />
prof. dr. J.B. Opschoor Member of the SB since 2005 > Term ends at the end of 2008 > Born in 1944 > Nationality<br />
Dutch > Current position Professor at the Institute of Social Studies > Other positions currently held Professor at the Free<br />
University Amsterdam, member of the KNAW, member of the national UNESCO committee, member of the VN committee<br />
for Development Policy > Previous positions rector of the Institute of Social Studies, chairman of the Raad voor Milieu en<br />
Natuur Onderzoek, director of the Instituut voor Milieuvraagstukken <<br />
mr K.G. de Vries Member of the Supervisory Board since 2007 > Term ends at the end of 2010 > Born in 1943 ><br />
Nationality Dutch > Other positions chairman of the Supervisory Board of Ontwikkelingsbedrijf Spoorzone Delft B.V.,<br />
Chairman of the panel of judges of the Netherlands Audit Office Committees, Chairman of the governors of the Centre for<br />
Public Servants Labour Relations > Previous positions Member of the Lower House of the Dutch Parliament, Minister of the<br />
Interior and Kingdom Relations, Minister of Social Affairs and Employment, Chairman of the Social and Economic Council of<br />
the Netherlands , Managing Director of the Association of Netherlands Municipalities <<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
9
eport of the supervisory board<br />
to the <strong>annual</strong> general meeting of shareholders<br />
General<br />
The <strong>Royal</strong> <strong>Haskoning</strong> 2006 <strong>annual</strong> accounts and <strong>annual</strong> <strong>report</strong> have been drawn up by the Board of Management.<br />
The <strong>annual</strong> accounts were audited by PricewaterhouseCoopers Accountants N.V. The auditors’ findings are included in the<br />
<strong>annual</strong> <strong>report</strong>.<br />
The results achieved and the organic growth in turnover comfortably exceeded the objectives and expectations. This makes<br />
the anniversary year of 2006 a year to be celebrated from the point of view of the results too, all the more so because the<br />
significant turnover increase was accompanied by an even greater rise in profitability. The underlying reason for this was<br />
the constant attention paid to reinforcing the company’s strengths. Market conditions were also not unfavourable. It goes<br />
without saying that the effectiveness and continuity of the company will benefit from these good results.<br />
We propose that you discharge the Board of Management for their management and the Supervisory Board for<br />
their supervision.<br />
Composition<br />
The Supervisory Board was unchanged during the year under review. We are delighted with the appointment of<br />
Mr K.G. de Vries who, with his extensive experience in politics and public administration, brought the Supervisory Board<br />
back up to strength on 1 January 2007.<br />
In the opinion of the Supervisory Board each member is independent within the meaning of the Corporate Governance Code.<br />
Activities<br />
The Supervisory Board met with the Board of Management five times during the year. One of these meetings was also<br />
attended by the auditor. The market, clients and strategy, developments in the medium term, and current events were<br />
all discussed in regard to the company as a whole and the individual divisions. Considerable attention was paid to<br />
strengthening parts of the company, in some cases by acquisitions, to recruiting and staff remuneration policy, and to<br />
systems for innovation, internal processes and risk management.<br />
Other topics were discussed in the absence of the Board of Management. These included filling the vacancy on the<br />
Supervisory Board, the operation and remuneration of the Board of Management, and the development of the higher<br />
management echelons. This year we were assisted and inspired in the <strong>annual</strong> evaluation of the Board’s performance by<br />
the Director of the Governance University. This evaluation also covered current developments in the area of corporate<br />
governance and the development of supervisory board membership.<br />
10
All members of the Supervisory Board attended at least one consultative meeting of the Staff Council. They also participated<br />
in some of the meetings of the company’s Management Council.<br />
The Audit Committee, consisting of Messrs Van Besouw, Chairman, and Veraart, met three times, together with the Board<br />
of Management, the Corporate Finance Director and the auditor. These meetings dealt with matters such as the <strong>annual</strong><br />
accounts for 2005, the 2006 control plan, internal control and the financing of the company. The findings of the Audit<br />
Committee were then discussed in the full Board.<br />
Future<br />
In 2006 we celebrated <strong>Royal</strong> <strong>Haskoning</strong>’s 125th anniversary. We are pleased to express our appreciation of the way in which<br />
the staff and management enjoyed the festivities. A competition was held for students worldwide to generate innovative<br />
ideas for the vulnerable deltas in the world. In addition to events for clients and staff, social projects were worked on by<br />
all offices. In this way <strong>Royal</strong> <strong>Haskoning</strong> emphasised both their focus on the future and their corporate social responsibility.<br />
From its position in the centre of the community <strong>Royal</strong> <strong>Haskoning</strong> is well placed for a successful future for the benefit<br />
of all stakeholders.<br />
Nijmegen, 29 march 2007<br />
the supervisory board<br />
ir. J.J.M. Veraart, Chairman<br />
drs. P.P.J.M. van Besouw<br />
mr. M.T.H de Gaay Fortman<br />
Professor J.B. Opschoor<br />
mr. K.G. de Vries<br />
<strong>annual</strong> <strong>report</strong> 2006 >> 11
eport of the board of management<br />
ir. L. Visser<br />
Appointed as of 01-02-2001 > Year of Birth 1953 ><br />
Nationality Dutch > Previous position member of the<br />
Board of Management of Lurgi Öl, Gas, Chemie GmbH /<br />
President USA > Other positions currently held member<br />
of the Delft university fund, chairman of Stichting<br />
Omslaggroep and chairman Nederlandse Maatschappij<br />
voor Nijverheid en Handel, Nijmegen section, member<br />
of the committee Stichting Nieuwe Bedrijvigheid<br />
Gelderland <<br />
drs.ing. J. Bout<br />
Appointed as of 01-10-2001 as member of the Board of<br />
Management > Chairman as of 2002 > Year of Birth 1946 ><br />
Nationality Dutch > Previous position managing director<br />
Tebodin Consultants & Engineers B.V. > Other positions<br />
currently held member of the committee of Dutch<br />
technology and marketing board, member of the<br />
Regieraad Bouw, member of the National Commission for<br />
export, import and investment guarantees, member of the<br />
Supervisory Board Nuffic, member of the board of Stichting<br />
Maatschappij en Onderneming, member Strategic<br />
committee kerngebied TNO Bouw en ondergrond <<br />
12
<strong>Royal</strong> <strong>Haskoning</strong> in 2006<br />
<strong>report</strong> of the board of management<br />
strong anniversary year<br />
In the anniversary year of 2006 <strong>Royal</strong> <strong>Haskoning</strong> once again exceeded the growth achieved in previous years. The turnover<br />
was 1 280 million (2005: 1 223 million), an increase of 25 percent, of which 10 percent was organic. This means that the<br />
turnover growth target of 5 percent was met comfortably.<br />
The gross profit before distribution of profits to the employees was 1 22 million (2005: 1 15.8 million). The variable<br />
remuneration and profit distribution to employees in 2006 amounted to 1 7.7 million (2005: 1 4.6 million). The net result,<br />
after tax and distribution of profits, increased by more than 40 percent to 1 10.4 million (2005: 1 7.3 million). This means that<br />
the profit target of 1 5.5 million for 2006 was also amply achieved. Even corrected for one-off income items and charges,<br />
the net profit grew faster than the turnover.<br />
Almost all divisions <strong>report</strong>ed a rise in turnover. A significant part of the increase came from orders from the private sector.<br />
The contribution of the private sector to <strong>Royal</strong> <strong>Haskoning</strong>’s turnover increased from 42 percent in 2005 to 48 percent<br />
in 2006. Western Europe remains the basis for our strong market position. The turnover in the Netherlands, the United<br />
Kingdom and Belgium rose by 26.5 percent in 2006. The market outside Western Europe, however, also remained healthy.<br />
Growth in the oil and gas industry, especially in the Middle East, led to new orders.<br />
continuity through constant renewal<br />
In 2006 more than 3,200 <strong>Royal</strong> <strong>Haskoning</strong> professionals worked in more than 40 countries for almost 3,500 clients in around<br />
11,500 projects. The diversity in our markets and disciplines not only means that the risks are spread but also develops<br />
us professionally. The international development that we experience together with our clients stimulates us to find new<br />
solutions for our clients. In 2006 <strong>Royal</strong> <strong>Haskoning</strong> held the Delta Competition for students worldwide in order to encourage<br />
innovative thinking by young talent. This competition resulted in many original ideas for tackling the consequences of<br />
climate change in delta areas.<br />
broadening and deepening our range of services<br />
In accordance with our objectives, the knowledge and capacity of the companies taken over in 2005 were fully integrated<br />
into <strong>Royal</strong> <strong>Haskoning</strong> in 2006. This strengthened our market position in areas where we previously did not occupy a top<br />
place, such as building services, industrial systems and building management. Another strategic reinforcement was realised<br />
in 2006 with the takeover of the renowned Rotterdam design consultants VHP. This deepened our expertise in the field of<br />
spatial development. This amalgamation of forces also strengthened our presence in this market. We can offer added value<br />
to our clients immediately through the effective integration of the experience and knowledge of these companies.<br />
>> significant growth of turnover and net profit<br />
>> increase in orders from the private sector<br />
>> market position strengthened by integration of acquisitions<br />
<strong>annual</strong> <strong>report</strong> 2006 >> 13
analysis of challenges<br />
<strong>report</strong> of the board of management<br />
STRENGTH<br />
WEAKNESS<br />
Innovative<br />
ICT<br />
Freedom of thought<br />
Creative<br />
Employer of Choice<br />
One Company Concept<br />
Strong culture, structure<br />
and network<br />
Good name and reputation<br />
Challenge<br />
Systematic innovation<br />
using latest ICT<br />
applications<br />
Unique projects<br />
Too often from project to<br />
project<br />
Insufficient<br />
experience with the<br />
latest ICT applications<br />
Density<br />
Recognition as employer<br />
of choice<br />
(top 50 NL, top 100 UK)<br />
Integrated project approach<br />
Genuinely multidisciplinary<br />
Challenge<br />
From products to solutions<br />
From projects to<br />
programmes<br />
Challenge<br />
From ad hoc project offices<br />
to permanent offices<br />
Turnover in many<br />
countries still too low<br />
OPPORTUNITY<br />
THREAT<br />
One-stop shopping<br />
Clients looking for single<br />
integrated partner<br />
Innovation<br />
Market demands<br />
innovation<br />
Speed<br />
Market demands faster<br />
completion rates<br />
Challenge<br />
Remain employer of choice<br />
Increase diversity<br />
Labour market<br />
Worsening shortage<br />
Diversity<br />
Increasing numbers of<br />
highly educated women<br />
and foreigners<br />
Size<br />
Still too small for the<br />
international spread<br />
14
enewal in the company<br />
<strong>report</strong> of the board of management<br />
still full of life after 125 years<br />
<strong>Royal</strong> <strong>Haskoning</strong>’s 125th anniversary in 2006 was the reason for festivities, but also for reflection about our own development<br />
and our role as a knowledge company in the 21st century. Thanks to constant renewal, we have reached the age of 125 and<br />
renewal will also be a condition for continuity in the future. After all, innovation stimulates us and enables us to tailor our<br />
services to our clients even better, and thereby also constantly augments our competitive strength.<br />
When people speak of innovation, it is mostly about technological renewal. But this definition is too narrow for us.<br />
Of course <strong>Royal</strong> <strong>Haskoning</strong> provides plenty of scope for personal initiative and new ideas, and this leads to many technological<br />
innovations. Some recent examples are the floating container crane, the Manchester Bobber, which converts tidal energy<br />
into electricity, and also DIAF, the digital permit application form, which has rapidly been taken up by a large number of<br />
government agencies and businesses.<br />
However, we believe in a broader approach to renewal that is not only aimed at technological innovation. The development of<br />
new forms of contract and collaboration is an example of transactional innovation. The scouting of new markets and the active<br />
promotion of good ideas and solutions, such as the proposal for a string of artificial reefs to protect the Dutch coast, is market<br />
innovation. And our one-company concept and international knowledge network are examples of organisational innovation.<br />
most important challenges identified<br />
A systematic innovation policy, incorporating these four dimensions of innovation, must be the motor for the permanent<br />
renewal that we are striving for. For this reason we also regularly draw up an inventory of our strengths and weaknesses as<br />
well as our opportunities and threats. Based on this we see four important challenges (see page 14).<br />
Our position in the labour market is stronger than might be expected given our size. In 2006 we were recognised as an employer<br />
in the top 50 of all employers in the Netherlands and in the top 100 in the United Kingdom. In view of the worsening shortage in<br />
the labour market, however, we must remain attractive as an employer. We are therefore aiming for enduring recognition of our<br />
position as an employer of choice. We regard a modern employment package and attention for diversity as prerequisites for this.<br />
We are seeing increasing demand from clients in the market for a single integrated partner who can guarantee the rapid<br />
completion of projects. With our one-company concept, we are well positioned to successfully respond to this. However, this<br />
is on the condition that we are prepared to think in terms of the programmes and total solutions that we can offer our clients<br />
instead of products and stand-alone projects.<br />
We will have to gain more experience with the latest ICT applications in order to make full use of the innovative strength of<br />
our people and our international network. Our level of ambition is high in this area but this means that we must not shrink<br />
from long-term investments.<br />
At the same time, the spread of our international network is not yet sufficient. We are still too small and are therefore<br />
lacking in effectiveness in a number of markets. We can make better use of the opportunities for extra growth in turnover by<br />
converting project offices into permanent offices in promising markets.<br />
>> full of life after 125 years through constant renewal<br />
>> development of systematic innovation policy<br />
>> four most important challenges identified<br />
15<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
the markets<br />
<strong>report</strong> of the board of management<br />
positioning as an integrated partner<br />
Major changes are occurring in our markets. Changes in regulations and methods of tendering have led to new relationships<br />
that originally appeared to threaten <strong>Royal</strong> <strong>Haskoning</strong>. In accordance with our objectives, we were able to improve our market<br />
position in 2006, not only in Western Europe but also in Eastern Europe and the Middle East. We see opportunities for<br />
growth, especially in such sectors as health care, oil and gas, water and public-private partnerships. Through our positioning<br />
as a process integrator we can offer a wide range of high quality services in these promising sectors. That is clearly being<br />
well received in the market. For example, in 2006 we acquired the first commission for the integrated development of<br />
a new hospital, precisely because we could submit an integrated tender based on our multi-disciplinary knowledge and<br />
experience. That the collaboration within our international network is becoming increasingly effective was underlined<br />
yet again in 2006 when we were given the ABN-AMRO Anglo-Dutch Award for Enterprise by the Dutch-British Chamber<br />
of Commerce. This prize has been awarded since 1981 to companies that operate both in the United Kingdom and the<br />
Netherlands. It was precisely the successful collaboration across national borders, within our one-company concept, that<br />
was the reason for the award of this prestigious prize.<br />
innovative ability<br />
We are aiming to increase our innovative ability in order to further increase our attractiveness to clients. That calls for further<br />
development of our international knowledge infrastructure and creative combinations of new and existing technology. We<br />
are therefore also looking for links and collaboration with other innovators and early adapters, and we are operating at<br />
the interface of social issues, legislation and regulations, and the business cases of our clients. Speed is an asset here; our<br />
innovative ability must also enable us to adapt quickly to changing market demand.<br />
gathering and sharing knowledge<br />
Our development and progress begin with people who want to learn from the market, from clients, from competitors<br />
and from one another. A great deal of knowledge is also available in our international network. We want to deploy this<br />
better in regional and local markets through more intensive collaboration and exchange. Diversity can play a positive role<br />
in this. Differences between people, cultures and working methods must be used in order to generate innovative solutions<br />
as a team. In 2006 we also used management training for the further development of leadership, precisely with aim of<br />
promoting team spirit.<br />
In order to be able to effectively collect and share this knowledge and experience internationally, as well as internally and<br />
with our clients and suppliers, a properly functioning knowledge infrastructure is essential. We invested heavily in ICT in<br />
2006 and long-term investments will also be needed in the coming years if we are going to realise our ambitions.<br />
>> integrated services appeal to the market<br />
>> excelling in promising market sectors<br />
>> using our knowledge infrastructure to serve the market<br />
16
our team<br />
<strong>report</strong> of the board of management<br />
diversity in human resources<br />
<strong>Royal</strong> <strong>Haskoning</strong> offers more than just a workplace. It focuses attention on people. Individual talent must be free to blossom<br />
in order to perform in a team. That calls for a corporate culture based on integrity and transparency, and also appreciation<br />
for the value added by diversity. We firmly believe that the use of differences in competences, gender, ethnicity, age and<br />
education has a positive effect in our team. It is therefore satisfying to see that more women were taken on in 2006 than in<br />
previous years. Thirty percent of the new employees in the Netherlands are female. In 2006 the effort on diversity was still<br />
mainly aimed at the process of awareness, among other things by means of participation in the Ambassadors Network in<br />
the Netherlands. A women’s panel has been set up as a sounding board and to encourage initiatives that in the coming years<br />
will lead to a more balanced proportion of men to women and better progression of women into more senior positions.<br />
performance management<br />
We are making increasing use of output (performance) rather than input (attendance) in our management tools. This also<br />
enables us to offer our staff ever more flexibility in working hours and location, partly thanks to significantly improved<br />
ICT systems. Output-driven management also forms the basis for the introduction of a variable remuneration package,<br />
for which 2006 was a pilot year. In accordance with our objectives, the terms of employment are putting an increasing<br />
emphasis on flexibility and team working. Better matching of the work to someone’s personal situation is also part of<br />
this policy. In the new system, collective and individual performance for each advisory group is measured on the basis of<br />
improvements in four aspects: client, finances, internal processes and learning & growth. Managers have been trained in<br />
applying performance management effectively.<br />
labour market<br />
The shortage in the labour market has been felt in the United Kingdom for some time and is increasing noticeably in the<br />
Netherlands. Action is being taken on various fronts to prevent this from developing into an Achilles heel. In line with our<br />
plan, we started international personnel recruitment in 2006. This has proved primarily successful for filling our vacancies<br />
in England.<br />
The growing number of highly educated women offers an opportunity to increase diversity as well as to avoid a shortage of<br />
capacity. Incidentally, we can also see a ray of hope – a positive swing in the interest shown in technical subjects in schools.<br />
We are actively contributing to the promotion of science subjects among school children by participating in, among other<br />
things, JetNet (Youth and Technology Network).<br />
Besides the external labour market, the internal market also requires attention. We can keep employees with us for longer<br />
by offering new internal challenges. A plan for actively encouraging job rotation was therefore developed in 2006, so that<br />
staff will be better informed about the opportunities for development and experience in other parts of <strong>Royal</strong> <strong>Haskoning</strong>.<br />
>> more attention for the value of diversity<br />
>> more output-driven management<br />
>> new initiatives in the internal and external labour markets<br />
<strong>annual</strong> <strong>report</strong> 2006 >> 17
stakeholders<br />
<strong>report</strong> of the board of management<br />
shareholding and business<br />
Our stakeholders are our clients, our staff, our shareholders, our suppliers and our partners. Maintaining good<br />
relationships with all interested parties (stakeholder management) is becoming increasingly important. The nature of our<br />
work brings with it special responsibilities, so we also devote attention to protecting our living environment and to our<br />
relationship with society as a whole. The need for openness in business is self-evident to us. For the second year running<br />
we were awarded the first prize for our <strong>annual</strong> <strong>report</strong> in the non-listed companies category in the Scenter survey of clarity<br />
of policy in <strong>annual</strong> <strong>report</strong>s.<br />
Our special ownership structure means that we are completely independent, but this also means that there is a risk of<br />
self-satisfaction because the ‘realities of the market’ are missing. This is of course partially compensated by external<br />
benchmarking but additionally, in 2007, we will be introducing a form of market process, which is new to us, by letting<br />
staff also participate in the success of the company through its capital. The preparations were made in 2006 to offer our<br />
staff the option of becoming share certificate holders. Under this new certificate scheme, certificates can be issued for a<br />
maximum of 24.5 percent of the shares. The scheme will further increase our staff’s personal commitment and involvement<br />
in the business.<br />
corporate social responsibility<br />
The well-known 3P balance (People, Planet, Profit) remains a basic principle for <strong>Royal</strong> <strong>Haskoning</strong> when planning for corporate<br />
social responsibility. We bear CSR in mind and give it substance in four areas: core values & policy, products & consultancy,<br />
business operations and social involvement. We expect to be able to make the biggest contribution under the heading of<br />
products & consultancy. After all, our projects place us right in the middle of the community every day.<br />
Our knowledge organisation is all about people and, as an employer of choice, we continue to devote attention to personal<br />
development, modern employment conditions and a safe working environment. ISO-14001 certification was completed in<br />
the United Kingdom in 2006. This management system covers all the environmental facets of the primary process and will<br />
also be put fully into effect in the Dutch offices in 2007. Preparations were also made in 2006 for group-wide certification<br />
under ISO-18001, which is aimed at health and safety. We expect safety-driven thinking and activities to increase significantly<br />
in the coming years, especially in our industry.<br />
sponsoring policy and social projects<br />
The social involvement of <strong>Royal</strong> <strong>Haskoning</strong> is not only expressed through concern for clients, staff and the environment.<br />
We improved the structure of our sponsoring policy in 2005. In the countries where we operate we want to use our own<br />
primary process, with time, knowledge and expertise, to support socially relevant projects that are otherwise unlikely to<br />
get off the ground because of a lack of money. In 2006, for example, we contributed via the NWP-TRUST partnership and<br />
Aqua for All to the realisation of one of the Millennium Development Goals, namely halving the number of people who do<br />
not have access to safe drinking water and proper sanitary facilities. In the context of our anniversary in 2006 there was<br />
also the social projects initiative, where all employees were given the opportunity to work on socially useful projects in the<br />
immediate vicinity of their offices. There was an enthusiastic response to this and in almost all locations where we have<br />
offices in the Netherlands and the United Kingdom our staff worked on social projects free of charge.<br />
>> increasing importance of stakeholder management<br />
>> iso certification emphasises focus on safety and environment<br />
>> structured sponsoring policy and social projects<br />
18
<strong>Royal</strong> <strong>Haskoning</strong> in 2007<br />
<strong>report</strong> of the board of management<br />
market prospects<br />
We see opportunities for further growth in Western Europe, Eastern Europe, India and the Middle East, especially in Dubai<br />
and Qatar. The opportunities in Central Europe identified previously appear to be more difficult to convert into results than<br />
expected. The turnover from the new offices should grow more quickly by making the best possible use of the possibilities<br />
of the international network and our one-company concept. The ratio between costs and proceeds should also improve. In<br />
2007 our attention will mainly be devoted to important investment streams in these markets. We see good prospects in the<br />
water, oil & gas and health care sectors, as well as in the scope offered by public-private partnerships. We can profit from<br />
our positioning as an integrated service provider in these markets.<br />
effective through speed and efficiency<br />
Speed is becoming increasingly important in this age of globalisation. Together with a high efficiency, higher speed should<br />
contribute to our effectiveness in the market. Clever application of all the possibilities of the latest ICT resources is essential<br />
in this development process. Increasing speed and efficiency also emerged as corrective actions from our <strong>annual</strong> market<br />
research. In addition to our regular client satisfaction surveys for each project, in 2006 we sent questionnaires about our<br />
quality as a service provider to more than 900 clients in the Netherlands and beyond. By comparing the results of these<br />
with our own perception, we are learning how to tune our services to existing and potential clients even better.<br />
focus on being client-driven<br />
The economic prospects are better than in previous years and we expect the size of the market to increase. We want to<br />
respond to the growing demand for a single expert project partner who has all the necessary knowledge in house and can<br />
also combine speed, quality and efficiency in the services provided. Our strategic programme, Clients First, remains the<br />
key starting point for realising the growing turnover potential. High quality services with a clear added value and fruitful<br />
long term relationships start with really understanding the client. By getting involved in his business case, we can offer<br />
solutions for his current problems and anticipate his future problems. In this way we are of course working on our quality<br />
and reputation at the same time.<br />
financial objectives<br />
Turnover growth: As was the case last year, <strong>Royal</strong> <strong>Haskoning</strong> is aiming to grow turnover in 2007 by at least 5 percent, organic<br />
and through acquisitions.<br />
Cost control: <strong>Royal</strong> <strong>Haskoning</strong> will continue to strive for further optimisation of support services and making use of benefits<br />
of scale. In 2007, except for investments in ICT, the costs of the central staff departments must remain at the same<br />
percentage of the turnover as in 2006.<br />
Profit: In 2007 we are aiming for a net profit that is higher than the average over the past three years, i.e. 1 7 million.<br />
Liquidity: The management of working capital remains important, especially in times of growth. In 2007 we are aiming at a<br />
cash flow from operational activities that is at least equal to the net profit.<br />
>> growth opportunities in water, oil & gas, health care and ppp<br />
>> speed and efficiency required<br />
>> ‘clients first’ puts our clients’ business cases at the centre of things<br />
19<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
<strong>Royal</strong> <strong>Haskoning</strong> in 2007<br />
<strong>report</strong> of the board of management<br />
strengthen market position<br />
We want to achieve volume positions in markets where we already have a strong presence. Following the successful<br />
integration of the acquisitions made in previous years, we will moreover remain alert for expertise that can deepen our<br />
portfolio and broaden it for niches that are important to us. We want to expand our presence in markets where our turnover<br />
is still too low to support a top position. The development of project offices into permanent offices that can accommodate<br />
several divisions will contribute to this. This is however subject to the condition that we also succeed in providing new<br />
services to our existing clients in these markets. The latest ICT applications, with the internet as the primary medium, will<br />
support this cross selling.<br />
from projects to programmes<br />
Because of their creative mentality, engineers and designers often regard each question as unique and start on the solution<br />
with a blank sheet of paper, yet in many cases there is a reservoir of knowledge and experience already available in our<br />
international network.<br />
The challenge is to make this knowledge and experience accessible in such a way that it can be utilised as best practice<br />
for our clients. <strong>Royal</strong> <strong>Haskoning</strong> serves clients who set high standards and it is precisely by identifying and applying best<br />
practices that we are able to realise significant savings in time and costs for those clients.<br />
This requires a shift in our thinking: from unique, individual projects as answers to the questions from our clients to<br />
programmes of projects that provide total solutions. In 2006 we started to identify areas where we can amalgamate our<br />
knowledge and experience in programmes.<br />
Examples are total solutions based on best practice for the accommodation of the banking sector instead of separate<br />
projects for individual offices and, in the oil and gas industry, our consultancy in the area of safety and the environment. An<br />
example from the water sector is our integrated knowledge of water systems and the water chain. In this way we can apply<br />
our knowledge and experience in these sectors in the most efficient manner in the service of our clients and their business<br />
cases, thus making full use of our position in these very promising areas.<br />
nijmegen, 29 march 2007<br />
the board of management,<br />
drs.ing. J. Bout (Chairman)<br />
ir. L. Visser<br />
>> increased turnover, higher net profit and control of working capital<br />
>> from project offices to permanent offices<br />
>> from projects to programmes that provide total solutions<br />
20
21<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
spatial development<br />
divisions<br />
The Spatial Development division provides consultancy on spatial planning and develops sustainable concepts for laying out<br />
urban and rural areas. The service focuses primarily on a process-based approach to complex projects, at national, regional<br />
and local levels. In the Netherlands, water has become the organising basis for our discipline. This is why geo-hydrological<br />
and ecological know-how are concentrated in the division. Our clients are mainly government agencies that make use of<br />
our strategic input to policy processes and our integrated approach to multidisciplinary projects. Our landscape architects<br />
continue to distinguish themselves with their designs and their visionary approach to land and water.<br />
In 2006, the turnover of the Spatial Development division grew by more than 40 percent to well over 1 22 million. This<br />
means that the turnover target was exceeded by more than 1 5 million. Half of this growth was organic. This growth<br />
was accompanied by a spectacular improvement in the operating result. This was mainly due to the good results in<br />
strategic consultancy commissions. Commissions that resulted from the European Water Framework Directive made<br />
a substantial contribution to the profit, as did numerous ecological consultancy commissions and projects for site and<br />
area development.<br />
The takeover of VHP in April 2006 strengthened the Spatial Development division precisely where the biggest gaps had been<br />
until then, namely in design and consultancy for planning. The company has an office on the Noordereiland in Rotterdam<br />
and has a strong focus on research and innovative design and reflecting on the relationship between design and space.<br />
The division is aiming for a turnover of 1 18 million in 2007. In order to develop the division in the medium term we shall be<br />
employing the triple spearheads of anchoring, deepening and reinforcing. In 2007, at the same time as embedding VHP in our<br />
organisation, we want to anchor the high quality that we have achieved in the areas of consultancy, project management<br />
and process management. We shall do that by using firmly structured project evaluations, account management and with<br />
products tailor-made for the specific client. The winning combination of content and process means acceleration and added<br />
value for our clients.<br />
We want to achieve deepening of our knowledge by developing our relationships with universities and research institutes.<br />
By participating in programmes such as Vernieuwend Ruimtegebruik (Innovative use of Space) from Habiforum we shall<br />
contribute to innovative solutions and encourage knowledge development that will also benefit the services that we<br />
provide. An <strong>annual</strong> divisional research programme and participation in competitions in the area of spatial development fit<br />
into that same context. The deepening will also be visible in the publication of a Strategic Series demonstrating our knowhow<br />
in the area of Process and Policy and in dissertations from our staff.<br />
It will be important to reinforce our staff by attracting both young people and senior consultants in the years ahead, and we<br />
will be strengthening our order portfolio in the private sector and outside the Netherlands by investing in project acquisition.<br />
We see particularly promising opportunities for this in the United Kingdom, Ireland, Eastern Europe and Vietnam.<br />
>> significant growth of turnover and profit<br />
>> takeover of vhp provided reinforcement in important consultancy areas<br />
>> opportunities outside the netherlands<br />
22
projects<br />
>> water quality in schiphol ditches greatly improved<br />
Every winter the essential use of antifreeze<br />
to keep aircraft free of ice causes<br />
deoxygenation in Schiphol’s ditches.<br />
Discharging deoxygenated water into<br />
polder outlet water can do serious biological<br />
harm. As a consequence of a heavy frost at<br />
the beginning of 2006 a situation like this<br />
occurred and the Rhineland Polder Board<br />
notified Schiphol airport to ensure good<br />
oxygenation quickly. As a result of this<br />
project manager >> drs. A. Vermeulen<br />
Schiphol installed oxygenating pumps to<br />
increase the level of oxygen in the ditches.<br />
<strong>Royal</strong> <strong>Haskoning</strong> kept a watch on the<br />
situation by daily monitoring and <strong>report</strong>ing. The measures to aerate the surface water have clearly had a favourable effect<br />
because the percentage of breaches of the oxygen norm has remained less than five percent since then. After this disaster<br />
<strong>Royal</strong> <strong>Haskoning</strong> analysed the situation and introduced a number of measures for dealing with water at Schiphol to prevent<br />
problems in the future.<br />
>> strengthening the position of the port of rotterdam and improving the<br />
quality of life in the rijnmond area<br />
Since 2004 <strong>Royal</strong> <strong>Haskoning</strong> has been a major<br />
player in the planning and decision making<br />
processes involved in the Rotterdam Mainport<br />
Project, a very high-profile and complex task<br />
on a scale unique in the Netherlands. More<br />
than a hundred consultants and specialists<br />
working in extremely close collaboration are<br />
advising the Port of Rotterdam Authority<br />
about the design and construction of the<br />
Second Maasvlakte and about the policy<br />
project manager >> IR . L.R. Idema<br />
and process surrounding the Environmental<br />
Impact Assessment and the granting of<br />
permits. We are advising the Province of<br />
South Holland about the planning, legal and policy aspects of the Midden-IJsselmonde development area: 600 hectares<br />
of nature reserve that should lead to an improvement in the quality of life in the area around the Mainport. We have given<br />
the Ministry of Transport, Public Works and Water Management policy and technical advice as part of the coordinated<br />
Planologische Kernbeslissing (Core Planning Decision), which was approved by the Upper and Lower Houses of the Dutch<br />
Parliament in 2006.<br />
23<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
infrastructure & transport<br />
divisions<br />
The Infrastructure & Transport division designs roads, bridges, railways, tunnels and urban infrastructure. The work<br />
ranges from feasibility studies and environmental impact assessments, economic analyses and planning studies to the<br />
permitting procedure and from design to project management and site supervision. The Division is a creative partner for<br />
the construction sector and assists government agencies in developing traffic policy. The integrated management of public<br />
spaces and the design of road and rail links are some of our specialities.<br />
In 2006, the division achieved a turnover of more than 1 35 million, a growth of around three percent compared with<br />
2005. This means that the turnover target of 1 31 million was met comfortably. The profitability also remained at a healthy<br />
level. We expanded the range of services we provide in the fields of tunnelling and traffic systems engineering, contract<br />
consultancy for the local authority market and integrated solutions for complex mobility issues. The division is aiming for<br />
further growth in 2007 with a turnover target of 1 36 million.<br />
Good infrastructure and maintaining the quality of life call for an integrated balancing of interests. Traffic flow on roads,<br />
but also safety around schools, planting, sewer renovation, retention of historical elements, space for business and pleasant<br />
residential areas: the quality of the infrastructure is always just as important as the quality of the environment. Laying out<br />
public spaces is a responsible job for which a broad range of know-how needs to be applied. Our division often works<br />
together with the Spatial Development, Environment, Architecture & Building and Maritime divisions.<br />
In the Netherlands, the Directorate-General for Public Works and Water Management and ProRail further developed their<br />
policy of concentrating on the role of client in 2006. For future projects, much more will be left to parties in the market.<br />
Large projects will then only be contracted out as integrated contracts, so that the market players will also be responsible<br />
for the design, maintenance, operation and financing, as well as for the execution. In the interests of the controllability,<br />
such new and often innovative forms of contract call for a systematic project approach in the form of Systems Engineering.<br />
We advise our consortia partners in this area, and we also support government agencies in preparing the contracts.<br />
Traffic and civil engineering projects in China, Dubai, Argentina and Romania have further contributed to the<br />
international image of the division in 2006. In 2007 and following years, the Infrastructure & Transport division will continue<br />
to focus on high quality consultancy and supporting the services provided by local engineering consultancies outside the<br />
Netherlands. These also form an important source of capacity in view of the worsening shortage in the labour market in<br />
Western Europe.<br />
Projects in which a multidisciplinary approach and integrated project management have added value will be given<br />
special attention. The Infrastructure & Transport division is an important risk-bearing partner in several consortia, and<br />
will continue to work on long-term relationships in which team forming, collaboration and integrity form the basis for<br />
mutual confidence.<br />
>> growth of turnover due to expansion of range of services<br />
>> managing innovative contracts using systems engineering<br />
>> focus outside the netherlands on high quality consultancy and capacity development<br />
24
projects<br />
>> new city bridge for nijmegen<br />
Design Joris Smits<br />
In 2006 Nijmegen local authority<br />
commissioned <strong>Royal</strong> <strong>Haskoning</strong> to carry<br />
out a study for the Nijmegen city bridge,<br />
a new road bridge over the Waal which<br />
will link the city with the ‘Waalsprong’. The<br />
bridge, which will have a span of around<br />
three hundred metres, should reduce the<br />
pressure of traffic on the existing city bridge<br />
and the A325 and will be situated about one<br />
kilometre to the west of the railway bridge.<br />
project manager >> ir. R. van Limbergen<br />
The Infrastructure & Transport division is<br />
responsible for the preliminary design of an<br />
arched bridge in collaboration with the Liège<br />
firm of Greisch. In addition to the structural design many other disciplines are playing a part, including traffic, noise, urban<br />
development, permitting and environment. The study is being carried out with systems engineering, with a focus on lifecycle<br />
management and sustainable building. When the contract was put out to tender <strong>Royal</strong> <strong>Haskoning</strong> received the highest<br />
score for the Overall Plan. Once the study is completed in 2007, the project is expected to be a Design & Build contract.<br />
>> layout and design for the new planned route for the rijn gouwe line<br />
The Provincial Executive of the Province of<br />
South Holland wants to build the Rijn Gouwe<br />
Line (RGL) to improve access to the Leiden<br />
region and the dunes and bulb-growing areas.<br />
It will be a light rail system, which will run<br />
light rolling stock on both the tram network<br />
and the rail network. The intended route will<br />
run from Gouda to Leiden via Alphen aan<br />
den Rijn and then to Katwijk and Noordwijk.<br />
A new stretch of rail is needed for the section<br />
project manager >> ING. J.E. Jaquet-Hoetelmans<br />
between Leiden and Katwijk/Noordwijk: the<br />
RGL West. The Route Plan/Environmental<br />
Impact Assessment for the route is being<br />
phased. In the first phase a route was selected after comparing a number of alternatives with different variations. The<br />
second phase, now being carried out by <strong>Royal</strong> <strong>Haskoning</strong>, involves the detail engineering of the design and layout of two<br />
alternatives; this will be followed by the selection of a preferred route.<br />
25<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
architecture & building<br />
divisions<br />
The Architecture & Building division designs buildings for processes, such as those found in industry and power plants,<br />
buildings for people, such as offices, hotels, shopping centres, schools, nursing homes and hospitals. The division also<br />
specialises in civil engineering structures such as bridges.<br />
The division achieved a turnover of more than 1 11 million in 2006 thereby exceeding its target (1 10 million). Further growth<br />
is aimed for in 2007, with a turnover target of almost 1 13 million.<br />
A wide range of design projects were once again dealt with in 2006. We worked on new offices and educational<br />
establishments, churches, bridges and storage facilities for Liquefied Natural Gas (LNG). There were also commissions for<br />
the integrated development of power stations and for the first hospital in the Netherlands developed by a single party.<br />
The activities of the division also grew outside the Netherlands. We are sharing the <strong>Royal</strong> <strong>Haskoning</strong> office in Dubai in<br />
the United Arab Emirates with our subsidiary company, Design 103, the largest architectural consultancy in Thailand. The<br />
division is aiming to acquire more high quality architectural commissions in this very dynamic market with ambitious<br />
projects. In Russia, the division is participating in <strong>Royal</strong> <strong>Haskoning</strong>’s Moscow office, which is clearly expanding. The division<br />
is also working on a project basis on commissions in the United Kingdom and Eastern Europe.<br />
The prospects in both the domestic markets and abroad are good for 2007. However, we expect an increasing shortage<br />
of civil engineers in the labour market. In anticipation of this, the division will concentrate even more on international<br />
collaboration and on optimising its business processes.<br />
>> growth of turnover<br />
>> growth in diversity and a number of integrated design commissions<br />
>> internationalisation taking shape in russia and the middle east<br />
26
projects<br />
>> prize-winning design for the palm jebel ali welcome island dubai<br />
<strong>Royal</strong> <strong>Haskoning</strong> has created a prize-winning<br />
design for Palm Jebel Ali, off the coast of<br />
Dubai in the United Arab Emirates. In this<br />
forward-looking and imaginative project<br />
Nakheel, the world’s largest project developer,<br />
is building a 21st-century city, a man-made<br />
area, a successful blend of east and west.<br />
One of the most important components<br />
is the Welcome Island, where the traveller<br />
enters or leaves the Palm. Nakheel invited<br />
project manager >> ir. S.P. van Breda<br />
<strong>Royal</strong> <strong>Haskoning</strong> to outline our vision for<br />
this dramatic meeting of land and water. We<br />
brought in our best experts from Bangkok,<br />
Amsterdam and Dubai: architecture, town planning and bridge design, landscape design and transport solutions were all<br />
tackled and worked out in an integrated operation. Our concept revolves around visual harmony, between the Palm and<br />
Welcome Island, between the towers and the bridge. We present the result with pride: a fitting entrance to the Palm Jebel<br />
Ali, with facilities and services for a great many people.<br />
>> new hospital for gelre in zutphen<br />
At the beginning of 2006, Gelre Hospitals<br />
were the first organisation in the Netherlands<br />
to get the go ahead to build a new hospital<br />
at their own expense and risk under the<br />
terms of the new Health Care Institutions<br />
Enabling Act. <strong>Royal</strong> <strong>Haskoning</strong> was selected<br />
for the integrated consultancy for the whole<br />
project, for which Wiegerinck Architecten are<br />
contributing on specific items. On the existing<br />
site in Zutphen there will be a two-hundredbed<br />
regional hospital with specialists. Gelre<br />
project manager >> ir. W. Zweers<br />
deliberately chose a consultancy firm that has<br />
all key disciplines in house, is innovative and<br />
decisive and is willing and able to carry the final responsibility. Three and a half years from structural design to occupation<br />
is half the usual completion time so new methods of working have been developed. The structural design was fixed in close<br />
collaboration with a decisive Gelre organisation in just a hundred days. Construction is expected to start at the end of 2007<br />
so that the new hospital including the regional health centre will be ready at the end of 2009.<br />
27<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
uilding management & consultancy<br />
divisions<br />
The Building Management & Consultancy division concentrates on the management of building processes and<br />
integrated consultancy in relation to property, accommodation and the working environment. Core activities are contract<br />
management and cost control for construction projects and site development. We also provide specialist know-how in<br />
the area of project management in the healthcare, infrastructure and non-residential building sectors. As an independent<br />
construction manager and consultant, the division works with many other parties for a wide range of clients in the public<br />
and private sectors.<br />
In 2006 the Building Management & Consultancy division achieved a turnover of more than 1 15 million, thereby<br />
comfortably exceeding the objective for the year under review (1 12 million). There was an increase in our activities in project<br />
management and cost consultancy in sectors such as infrastructure and non-residential building. The same is true of the<br />
supervision of contracting out in these sectors and the technical consultancy for property transactions. In the healthcare<br />
sector, significant contributions were made to various large hospital projects and the development of care outlooks for new<br />
initiatives among other things. There is a growing demand for broad expertise and expert advice when drawing up long<br />
term accommodation plans in the healthcare and other sectors.<br />
Integrated consultancy commissions for the realisation of new offices and the renovation of existing office accommodation<br />
have been carried out for various clients in the services sector. This involved intensive collaboration with other<br />
<strong>Royal</strong> <strong>Haskoning</strong> divisions and with external parties. Following the takeover of the BM and IM consultancies in 2005, work<br />
was done in 2006 on imbedding the new capacity in the organisation, on a more effective bundling of all the available<br />
knowledge and experience, and on reinforcing our local presence. Because of this, and also because of the ‘total engineering’<br />
solutions made possible by good collaboration with other divisions and players in the market, work was carried out in the<br />
most efficient manner possible for a large number of clients in a wide range of sectors.<br />
In 2007 we are aiming to strengthen our market position still further and to realise a turnover of more than 1 14 million. We<br />
shall do this by continuing to provide high quality services in building management and consultancy from a technical and<br />
professional background. In the Netherlands there is a growing interest in Public Private Partnerships and alliance contracts<br />
for large scale projects. With the broad know-how and experience that is concentrated in the Building Management &<br />
Consultancy division we can, and want to, play a key role in this type of project and provide clients with clear added value.<br />
>> contract management and cost control in building and site development<br />
>> significant growth in infrastructure, non-residential building and healthcare<br />
>> local presence and ‘total engineering’ important trump cards<br />
28
projects<br />
>> development of a sustainable health care city in china<br />
A leading centre for high-quality medical and<br />
preventative care, and a textbook example<br />
of ecological development. Dongtan<br />
Eco Health Hospitality Wellness City is a<br />
part of a sustainable city on the island of<br />
Chongming near Shanghai. <strong>Royal</strong> <strong>Haskoning</strong><br />
has been contracted by Grafton Medical<br />
for the concept development and is acting<br />
as project manager and consultant for the<br />
services, structures and infrastructure. We<br />
project manager >> J. van de Ven<br />
are working with Professor Guthknecht<br />
of Switzerland on the development of the<br />
care concept. In principle the entire health<br />
complex has to be emission-free. In the 2.5 km 2 Dongtan project area living and care will soon be combined and more than<br />
$700 million is being invested in a high-quality hospital with a floor area of around 90,000 m 2 and a thousand beds. The<br />
development also includes a rehabilitation and convalescent centre, a spa and hotels, commercial facilities, a teaching and<br />
research institute, and housing with care and nursing facilities. Several business plans have been integrated into a new<br />
concept that supports a seamless network of health care.<br />
>> generic accommodation concept for ing nederland<br />
ING Nederland has developed the so-called<br />
FREE Workspace concept in order to make its<br />
offices flexible and adaptable. The starting<br />
point is made-to-measure accommodation,<br />
aiming for standardisation of work style and<br />
workplace. <strong>Royal</strong> <strong>Haskoning</strong> was asked by ING<br />
Facility Management to work this concept<br />
out in detail so that the greater part of the<br />
ING organisation can be accommodated<br />
in line with it without (drastic) structural<br />
project manager >> IR. J. E.A.M. ten Dam<br />
alterations. To this end we developed a<br />
generic accommodation concept and a<br />
calculation cum simulation model. This model<br />
determines the required work components, space needs and the budget for implementation on the basis of the working<br />
procedures. With this innovative and inspiring concept ING Nederland can take advantage of the dynamic in society and in<br />
their own organisation, and achieve harmony between organisation and accommodation.<br />
29<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
uilding services<br />
divisions<br />
The Building Services division designs and provides consultancy on building services for non-residential buildings and<br />
healthcare. In a short time the division has been able to position itself as a renowned consultant in the market. In the new<br />
setting, created in 2006 following the takeover of Raadgevend Technies Buro Van Heugten in 2005, the division has all the<br />
necessary know-how and a wide range of references and clients. The available know-how and capacity, in combination with<br />
increasingly streamlined working methods, make it possible to efficiently carry out consultancy studies and projects that<br />
can vary widely in scope and complexity.<br />
The turnover of the division in 2006 was more than 1 21 million. This means that the turnover target was exceeded by<br />
almost 1 4 million. In spite of the relatively small margins in the market, the strong position of the division, especially in<br />
healthcare, led in combination with a recovering market and high productivity to a good result. A start was also made<br />
in 2006 on the development of activities outside the Netherlands and on the integrated quoting for projects at the<br />
request of the client. For example, in the year under review, a project for the construction of the new Gelre hospital was<br />
successfully acquired for which an integrated design was delivered together with the Architecture & Building and Building<br />
Management & Consultancy divisions.<br />
In 2007 the division is aiming to round off the main elements of the integration process that was started in 2006, and to<br />
make the best possible use of the innovative capability of all the available technical and process know-how. The division is<br />
aiming for a turnover of almost 1 20 million in 2007. Activities outside the Netherlands will further develop and take shape,<br />
as will the expansion of joint ventures with external architects and consultancy partners in the construction sector. The<br />
difficulty in finding qualified personnel is also a limiting factor for the development of the Building Services division.<br />
It appears that, in recent years, there has been a significant fall in the number of students entering and leaving<br />
educational establishments with technical qualifications of the sort needed for our discipline and consultancy work. The<br />
limited availability of sufficient well qualified personnel is therefore expected to continue for the coming years. As an<br />
‘employer of choice’, we are working to prevent this limiting our opportunities for growth too much. By acquiring large and<br />
impressive or technically interesting projects in the Netherlands and overseas, we expect to increase our attractiveness in<br />
the labour market.<br />
>> good results due to strong market position and high productivity<br />
>> development of activities outside the netherlands<br />
>> increase attractiveness in the labour market with special projects<br />
30
projects<br />
>> modern service technology in the renovated rijksmuseum amsterdam<br />
The Rijksmuseum in Amsterdam is one of<br />
the most important art museums in the<br />
world. The building, which dates from 1885<br />
and was designed by the renowned Dutch<br />
architect P.J.H. Cuypers, has to be adapted to<br />
the latest requirements for the conservation<br />
of works of art without compromising<br />
its historic character. At the same time it<br />
must, of course, remain an inviting place<br />
for visitors to all areas of the Rijksmuseum.<br />
project manager >> IR. A.J. Braam<br />
<strong>Royal</strong> <strong>Haskoning</strong> formed a partnership<br />
with Arup, and together they took full<br />
responsibility for the complete design of all<br />
building services, including the lifts and security. To avoid distracting attention from the art and the building’s architecture<br />
the design provides for an underground infrastructure for all of the bulky services for climate management and energy<br />
supply. Cold and heat are generated and stored with the aid of water pumps and an aquifer. After the large-scale<br />
renovation there will be a new Rijksmuseum, with exhibition rooms lit by daylight, two public inner courtyards, a lecture<br />
centre and a restaurant.<br />
>> new energy system for the university and high school in groningen<br />
The University of Groningen and Hanze High<br />
School Groningen took the first of a series of<br />
sustainable heating and cooling systems into<br />
service In 2006. In 2004 <strong>Royal</strong> <strong>Haskoning</strong> had<br />
already supervised the European tendering<br />
for outsourcing of the energy supply for a<br />
period of fifteen years for both educational<br />
establishments, and directed the contract<br />
negotiations. The system, which is based on<br />
heat and cold storage in the soil, is the largest<br />
project manager >> IR. D.G.J.T. Tjin Wong Joe (photo), energy storage system in North Holland.<br />
ing. M.A.M. Arts en ing. J.W. Moerman<br />
The Building Services division is responsible<br />
for the contract management during<br />
construction and operation. The innovative<br />
contracting-out concept has meant considerable reductions in emissions and financial savings, in part because of the<br />
advantages of scale and the synergy of a campus-wide approach. A <strong>Royal</strong> <strong>Haskoning</strong> team of specialists from different<br />
disciplines was successfully deployed to complete the legal, financial and tax aspects. The division is also designing the<br />
technical services for four of the seven buildings that are being connected to the renewable energy system.<br />
<strong>annual</strong> <strong>report</strong> 2006 >> 31
industrial installations<br />
divisions<br />
The Industrial Installations division provides specialised know-how on mechanical and electrical systems and process<br />
technology. Based on our broad experience with projects, the division provides consultancy and designs for the whole<br />
range from subsystems up to and including complete plants. Our strength lies in the streamlining of our services to clients,<br />
and in providing support during the whole range of industrial projects, from pre-project consultancy through preparation,<br />
execution and operations to the end-of-life-cycle. Our consultants are specialists in reducing the time-to-market and the<br />
investment costs, and have proven themselves in a wide range of sectors, including chemicals, petrochemicals, oil & gas,<br />
foodstuffs, storage and transhipment of bulk goods and containers, transport and waste processing.<br />
The year under review, which was also the first year of operation for the Industrial Installations division, has been very<br />
successful. With a turnover of almost 1 22 million, the forecast turnover of 1 15 million has been spectacularly exceeded.<br />
The collaboration with other divisions, but above all the very significantly strengthening industrial markets, have all<br />
contributed to this. For 2007, the division is aiming for a turnover of 1 23 million. With the takeover of <strong>Royal</strong> <strong>Haskoning</strong><br />
Dordtse Engineering (RHDE) in 2005, the provision of services to clients, mainly from the process industry, has expanded<br />
noticeably. As a result of the collaboration in the division with the ‘front end’ specialists from Rotterdam and with the other<br />
<strong>Royal</strong> <strong>Haskoning</strong> divisions, in particular Environment and Maritime, the client portfolio has grown significantly.<br />
It seems that the mix of capacities of the division (basic & detailed engineering, EPCM, procurement, conceptual design,<br />
‘front end’ services) is not only a good match for the wishes and needs of clients, but also has an stimulating effect on the<br />
staff and on the development of know-how. The developments in the field of 3D laser scanning and its integration into<br />
design, engineering and simulation work is interesting and very promising. Once they have seen the results that can be<br />
achieved, many clients ask for projects to be carried out using these techniques.<br />
Additionally, work was carried out in 2006 on the further development of our services in the field of power supply systems.<br />
These are mainly aimed at the engineering of Power Systems (high, medium and low voltage) for, among others, electricity<br />
suppliers, the transport and distribution sector and (industrial) customers with high power requirements.<br />
In 2006, projects were carried out for companies from the oil & gas sector, chemicals. petrochemicals, the metals industry,<br />
the storage and transhipment of dry and wet bulk goods and containers, waste and biomass processing, biofuels, foodstuffs<br />
production and the drinking water and wastewater industries. Most of the turnover was realised in the Benelux countries,<br />
but projects in Russia, the United Kingdom, Ireland, Spain, the Ukraine, Romania, Turkey, China, India and Malaysia also<br />
made substantial contributions to the results. For 2007, the biggest challenges lie in the area of human capital. All the signs<br />
from the market point to further growth for the division, but the shortage on the labour market will not make this easy.<br />
>> results in the division’s first year above expectations<br />
>> integration of innovative techniques in a wide range of services<br />
>> electrical power a very promising product group<br />
32
projects<br />
>> bright future in the port of hamburg, germany<br />
<strong>Royal</strong> <strong>Haskoning</strong> was assigned to the<br />
prestigious Bright Future project by <strong>Royal</strong><br />
Vopak. Vopak has a chemical terminal and<br />
an oil terminal in the Port of Hamburg. The<br />
Port Authority requested Vopak to integrate<br />
both terminals into one, in order to create<br />
space for the planned expansion of the<br />
adjacent Eurogate container terminal. In close<br />
cooperation with Vopak, <strong>Royal</strong> <strong>Haskoning</strong><br />
prepared the plans and a cost estimate.<br />
project manager >> ir. A.R.M. van der Sanden<br />
The overall project plan has been approved<br />
by the Port Authority and is now awaiting<br />
government approval. At the moment<br />
Industrial Installations is detailing the plans. The removal and construction works are scheduled for completion by the<br />
end of 2009.<br />
>> new biodiesel plant in rotterdam<br />
BioPetrol Industries is building a new biodiesel<br />
plant in Rotterdam. <strong>Royal</strong> <strong>Haskoning</strong><br />
has been working on the basic design and the<br />
environmental permit application since the<br />
beginning of 2006. The plant will produce<br />
400,000 tonnes of biodiesel and 60,000<br />
tonnes of pharmaceutical glycerol a year. In<br />
the spring the entire process section of the<br />
plant was bought from a German supplier<br />
on a turnkey basis. In mid-2006 the Industrial<br />
project manager >> IR. E.A.J. Leentjens<br />
Installations division received an order to<br />
prepare the building permit application and<br />
to design the foundations of all parts of the<br />
plant, the infrastructure works and the services building. Assistance is also being given in analysing and solving possible<br />
problems that may arise between the different suppliers. Construction is scheduled to start April 2007 and completion is<br />
scheduled for the second half of 2007.<br />
33<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
environment<br />
divisions<br />
The Environment division provides government agencies and the business community with specialist knowledge on soil,<br />
water, air, (waste) materials, noise, energy and safety. Our clients’ problems are often complex in nature and, in addition to<br />
(technical) feasibility, call for social acceptance and organisational embedding. The experts from the Environment division<br />
combine technical knowledge with knowledge of legislation and regulations, experience with systems and organisations<br />
and familiarity with the whole process chain. In addition to problem solving, prevention and risk management are playing<br />
an increasingly important role for clients.<br />
In 2006 the turnover of the Environment division grew to 1 62 million, a small increase of two percent compared with 2005.<br />
This means that the turnover target was exceeded by more than 1 11 million. The growth occurred mainly in the United<br />
Kingdom and in the international markets. In the Netherlands and Belgium, the results were stable, as expected. In the<br />
development of our turnover there was a clear continuing shift towards private clients, who are now responsible for around<br />
sixty percent of the turnover. Focused account management and the constant incorporation of the environment theme in<br />
the clients’ business operations have contributed to this.<br />
Our services are increasingly taking on a programmatic and execution-related character. In the oil and gas sector, a still<br />
growing market for the division, this can be seen in the setting up of a roadmap for BP for large scale investments in<br />
Sakhalin. But there is also work at the end of the lifecycle, for example in environmental impact assessments for the<br />
dismantling of old oil platforms in the North Sea. For the Directorate-General for Public Works and Water Management we<br />
provided support for the Innovation Programmes for Air and Noise. An Acoustic Study Manual is now being drawn up and<br />
will be used to shape all sorts of studies in this field.<br />
Parallel to the introductive of REACH, the registration and authorisation system for chemicals in the EU, the Environment<br />
division updated their databank and installed new functions in order to be able to provide better support to clients.<br />
Internationally, the activities in the past year were further expanded by the establishment of <strong>Haskoning</strong> Gabon. This new<br />
office will concentrate mainly on the regional oil and gas sector. The division is also participating in the activities in Dubai<br />
in order to be able to respond better to environmental issues thrown up by the many large projects in the United Arab<br />
Emirates.<br />
The division is aiming for a turnover of more than 1 61 million in the coming year. Further growth in turnover is expected<br />
in 2007, especially in the United Kingdom, France and outside Europe. The private sector will be an important source of<br />
work, against the background of economic growth and more investments, the increasing demand for energy and the<br />
management of the related environmental issues. We want to use our expertise to provide even better service for our<br />
clients with a programmatic approach aimed at sustainability. Sustainability, both as a ‘licence to exist’ for the client and in<br />
the sense of a long term relationship will increase in importance. Structural tensions in the labour market for our sector will<br />
present a major challenge in realising our objectives.<br />
>> international growth in turnover through private market development<br />
>> anchoring of activities in the middle east and west africa<br />
>> structural client support leads to sustainable relationships<br />
34
projects<br />
>> environmental roadmap for sakhalin v, russia<br />
<strong>Royal</strong> <strong>Haskoning</strong> developed an Environmental<br />
Roadmap for the Sakhalin V project.<br />
ElvaryNeftegas, a joint venture between<br />
Rosneft and BP, is developing this offshore oil<br />
and gas project in the Kaigansky-Vasukanky<br />
licence area on the Northern shelf of<br />
Sakhalin Island in the Russian Federation. As<br />
a strategic document and management tool,<br />
the Environmental Roadmap identifies all<br />
important social and environmental factors,<br />
project manager >> ir. T.F. Huber<br />
and maps out each key activity and product<br />
to be delivered. It includes recommendations<br />
on the HSE organisation and the planning<br />
of critical activities such as surveys, studies and design reviews. All environmental management activities are structured<br />
in a single planning tool. The Environmental Roadmap can have a major impact on the project development and design<br />
schedule, the budget and the selection of project scenarios.<br />
>> forecasting light pollution at maasvlakte 2<br />
Light and dark are fundamental elements<br />
of the human environment, but darkness is<br />
becoming rare, especially in countries like<br />
the Netherlands and Belgium. The twentyfour<br />
hour economy, growing under glass,<br />
sports grounds and advertising create the<br />
phenomenon of light pollution, which that<br />
can have harmful consequences for people<br />
and nature. In various investigations in to<br />
light pollution and nuisance <strong>Royal</strong> <strong>Haskoning</strong><br />
project manager >> ing. N.J.A. van Dooren<br />
developed a method for making prognoses<br />
of light nuisance. The method is being used<br />
successfully by the Rotterdam Port Authority<br />
in the Environmental Impact Assessment for Maasvlakte 2. The results gave a clear picture of the effects of light on the<br />
surroundings of the second Maasvlakte.<br />
35<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
water<br />
divisions<br />
The Water division has a very varied and international area of operations that extends from wastewater to drinking water<br />
and from technology to institutional development. The division specialises in water management, safety, management,<br />
quality and process technology for the whole water chain, for instance in the production of drinking water and the removal<br />
and purification of polluted water. Our clients are international organisations, among them the World Bank, the Asian<br />
Development Bank, the African Development Bank, the EBRD, EU, etc. and government agencies such as local authorities,<br />
provinces, water boards and ministries. The business community calls us in for, among other things, industrial water and<br />
purification technology. The Water division has built up a very good international reputation.<br />
In 2006 the turnover of the Water division fell by 1 3 million to 1 21 million. This did not meet our turnover target. Around<br />
55 percent of then turnover was realised in the Netherlands and 45 percent abroad. The main reason for the fall was<br />
the completion of a large expansion project at the Evides treatment plant on the Berenplaat. The turnover outside the<br />
Netherlands fell slightly. We are nevertheless aiming to restore the growth in 2007, to a turnover of 1 24 million.<br />
In the drinking water field, both the number of clients and the number of commissions rose in 2006. The mergers in progress<br />
in the drinking water sector hindered acquisition so that investments were postponed by clients and keener purchasing<br />
conditions were stipulated. In order to be able to provide a better service for the north of the Netherlands, a group of<br />
drinking water specialists was established in Groningen and there will also be further growth in the Amsterdam region. The<br />
policy of further diversification in clients was continued.<br />
An increase in turnover was achieved in the waste water sector in 2006; here too the number of clients fell due to mergers<br />
but, because of European legislation, there are still significant investments in purification systems. Our share of the<br />
industrial market for water purification grew again in 2006. The number of commissions in the Netherlands increased and<br />
the division acquired its first commissions in Belgium. In 2006 there was also more emphasis on the market for pumping<br />
stations and high pressure piping. With sea levels rising and land sinking, a strong position can be built up in this field.<br />
In Africa and Central Europe, major commissions were acquired in wastewater and drinking water. In the Water Management<br />
field we have been successful in several river basins, including those of the Nile, Niger, Senegal and Lake Chad. In the<br />
institutional and commercial consultancy sector we are working mainly in Central Europe, where large improvements must<br />
and can be realised in the water sector.<br />
>> further diversification in clients<br />
>> focus on internationalisation<br />
>> good prospects in water management, pumping stations and waste water treatment<br />
36
projects<br />
>> clean drinking water for millions in sudan<br />
Helping more people to get clean drinking<br />
water is one of the internationally agreed<br />
Millennium Development Objectives for<br />
combating poverty. From 2009 2.5 million<br />
inhabitants of Khartoum will have access to<br />
clean drinking water. At present a large part<br />
of Khartoum’s population still has to make do<br />
with contaminated ground or surface water.<br />
An estimated 80 percent of all illnesses in<br />
developing countries can be blamed on a<br />
project manager >> ir. P.S.J. Bergsma<br />
lack of clean drinking water. The project,<br />
which includes a decontamination plant and<br />
transmission pipes, is being made possible<br />
thanks to a combination of Dutch Development-related Export Transactions Programme (ORET) subsidies and loans from<br />
development banks. With an innovative financing structure, a concession and a BOOT (Build, Own, Operate and Transfer)<br />
contract can be agreed and the costs per unit of water produced kept low. <strong>Royal</strong> <strong>Haskoning</strong> carried out the due diligence<br />
investigation for the Netherlands Investment Bank (FMO) in which all technical social and environmental aspects were<br />
recorded. <strong>Royal</strong> <strong>Haskoning</strong> will act as ‘Lenders Engineer’ during the term of the project.<br />
>> expansion of water purification at berenplaat<br />
For the last few years <strong>Royal</strong> <strong>Haskoning</strong> has<br />
been closely involved with Evides’s Berenplaat<br />
Purification Expansion project. With a<br />
capacity of 18,000 m 3 per hour the Berenplaat<br />
production site is one of the largest drinking<br />
water purification plants in the Netherlands.<br />
New legislation is putting an end to the<br />
use of chlorine. A pilot project on a scale of<br />
200m 3 per hour, supervised by the water<br />
division demonstrated that purification with<br />
project manager >> ir. J.D. Verdel<br />
UV disinfection and active carbon filtration<br />
is an extremely good alternative. The design<br />
and specification phases began in 2003.<br />
<strong>Royal</strong> <strong>Haskoning</strong> was responsible for the project management and design of all the mechanical engineering and chemical<br />
installations and, after managing the European invitation for tender process, also for checking the detail engineering and<br />
for the supervision of the work. At the end of a very short building period the updated purification plant was started up<br />
in 2005, after which <strong>Royal</strong> <strong>Haskoning</strong> coordinated all test works. Since the end of 2005 the Rijnmond area has had better<br />
quality drinking water.<br />
37<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
coastal & rivers<br />
divisions<br />
With climate change climbing higher on the world agenda, the need for the planning and design capabilities of the Coastal<br />
& Rivers division has never been more acute. Well positioned to capitalise on this demand, the division covers both the<br />
public and private sectors, offering a broad and integrated package which includes coastal management, flood protection<br />
and erosion control. Our services range all the way from feasibility studies and policy development to project design and<br />
implementation.<br />
The growth of the division’s international operations stems from our leading positions in the domestic markets of The<br />
Netherlands and the United Kingdom. This cross-European position allows us to be involved with policy direction and play a<br />
pivotal role in the introduction of new EU Guidelines. In 2006, as part of our proactive and innovative market approach, we<br />
held a very successful Flood Management workshop on the draft EU Flood Directive. The considerable benefits of sharing<br />
knowledge and practical experience at high levels are recognised by our clients, and the workshop was attended by key<br />
policymakers representing the EU, Netherlands, England, Wales, Ireland, Hungary and Slovakia.<br />
Turnover in 2006 set a new record at over 1 20 million, a growth of 23 percent compared to last year. This growth was<br />
underpinned by an overall Division staff increase of the same level. For 2007, the division targets a turnover of 21 million.<br />
The division’s operations in the United Kingdom continue to be dominated by the Environment Agency work in England<br />
and Wales and the assignments for local councils in Scotland. Despite cutbacks in DEFRA-funding, the Division managed<br />
to maintain its workload. In the Netherlands, our market share continues to grow with new assignments in coastal zone<br />
management, water management, river management and engineering as well as knowledge development. We were pleased<br />
with the first prize in a 2006 competition on the most innovative design for river groynes. In support of the continued<br />
growth of our Dutch operations, we will expand in Rotterdam in 2007.<br />
Internationally the division has consolidated its position and will be focusing on developing new markets within the USA<br />
(New Orleans), Middle East, India and Africa in 2007. On our domestic markets, the main push during 2007 will be directed<br />
towards client base diversification. We intend to increase our activities for the private sector, both in our domestic and<br />
international operations, while continuing to work closely with executive bodies and government agencies in defining<br />
policy objectives and important requirements for the sector as a whole.<br />
>> market demand grows along with climate change awareness<br />
>> record turnover but modest profitability in 2006<br />
>> focus on new international markets and client base diversification<br />
38
projects<br />
>> flood risk management in england and wales<br />
Spatial planning benefits from detailed<br />
knowledge, while the changing climate<br />
demands a thorough approach to managing<br />
flood risk. <strong>Royal</strong> <strong>Haskoning</strong> is at the forefront<br />
in implementing the Environment Agency’s<br />
flood risk management policy for England<br />
and Wales. In order to identify areas that will<br />
benefit from flood defences, Coastal & Rivers<br />
was assigned to formulate the definitive<br />
criteria and detailed guidance now used<br />
PROJECT MANAGER >> D.A. Worth CEng BEng MICE MCIWEM nationwide to put the policy into practice.<br />
We also trained Environment Agency staff<br />
and now that the main programme is well<br />
under way, we are carrying out tidal and fluvial flood modelling and mapping, notably for 2,500 km of coastline in the South<br />
West as well as for areas in Southern and Eastern England.<br />
>> partners for the moses project<br />
Slovakia, Hungary, Germany, Ukraine and<br />
Romania have all been severely affected by<br />
floods over the past ten years. They have<br />
now joined forces to establish a new flood<br />
information system. The European Union<br />
recently approved the MOSES project for<br />
Central and Eastern Europe. The project is a<br />
continuation of the ongoing NOAH project<br />
for North West Europe, in which Dutch<br />
and German authorities are cooperating to<br />
PROJECT MANAGER >>ir. J.J. Flikweert<br />
improve flood incident management. Coastal<br />
& Rivers has helped our Dutch client STOWA<br />
to find partners for both NOAH and MOSES.<br />
In both projects, a web-based information management tool will be developed to function as an automated flood incident<br />
plan. Decision making and damage control will greatly improve when the right information is available at the right place<br />
and at the right time. With the help of our international network, we found suitable partners in Ireland and raised interest<br />
for future participation in other countries, including England and Scotland.<br />
39<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
maritime<br />
divisions<br />
The global operations of <strong>Royal</strong> <strong>Haskoning</strong>’s Maritime division continue to grow at an unprecedented rate. Building upon<br />
our international reputation as world leaders in the development of ports and maritime infrastructure, the division has<br />
extended its range of services in order to capitalise on the maritime elements of oil and gas related projects, as well as<br />
niche sectors such as maritime safety, floating structures and Waste to Energy. The core activities of the division continue<br />
to be dominated by feasibility studies, permitting, financial planning and all stages of the design through to project<br />
implementation, maintenance and operational support.<br />
In 2006 the Maritime division once again achieved a record turnover of over 1 45 million, a significant increase on last year’s<br />
figure. The target turnover was exceeded by 15 million. A key issue remains the scarcity of qualified and experienced staff.<br />
However, despite the shortage, the division has grown spectacularly. This can be largely attributed to our reputation and is<br />
a credit to our proactive and innovative market approach.<br />
In the United Kingdom the division’s work continues to be dominated by the strong growth in demand for container<br />
handling facilities. We are well positioned to secure further involvement in the new major container-related developments<br />
at London Gateway and Felixstowe, and we are witnessing the burgeoning of regional shipping and related developments,<br />
particularly in the North East and North West of the UK.<br />
The division’s market position within The Netherlands continues to be strong with major projects being undertaken in the<br />
Port of Amsterdam. The Maasvlakte 2 project, constituting a significant extension of the Port of Rotterdam, continues to<br />
dominate the maritime development scene in The Netherlands, and <strong>Royal</strong> <strong>Haskoning</strong> is playing a significant part in it.<br />
Internationally the division’s work continues to be dominated by the container port developments, with the acquisition<br />
of P&O Ports by Dubai Ports World as a significant event in 2006. The division has been able to take advantage of its long<br />
term presence in Dubai and its relationship with Dubai Ports to secure projects with DP World in India and Turkey, as well<br />
as good prospects for the years to come. The division’s work within the Oil and Gas sector has expanded rapidly, with major<br />
involvements in LNG projects in Nigeria and other parts of the world.<br />
The Maritime division can look forward to 2007 with a high degree of confidence and is launching several new market<br />
initiatives to further expand its global operations. Target turnover for next year is set at 441 million. In addition it is<br />
anticipated that the division will expand its scope of services through a number of acquisitions which will allow the division<br />
to capitalise on its leading position within the maritime transport logistics chain.<br />
>> strong growth as a result of growing market reputation<br />
>> new services and acquisitions to fortify leading position<br />
>> good prospects in container shipping, port development and oil & gas<br />
40
projects<br />
>> paving the way for large lng terminal in nigeria<br />
The Maritime advisory group Oil & Gas<br />
had a great start in 2006 with a large and<br />
prestigious project in Nigeria. The OKLNG<br />
project comprises the basic designs of port<br />
facilities and site preparation for an LNG<br />
export plant on a greenfield location seventy<br />
kilometres east of Lagos. The first element of<br />
the project is the design of a river terminal<br />
to receive the initial construction materials.<br />
Port facilities also include a construction and<br />
project manager >> ir. H. Altink<br />
service harbour which has to be constructed<br />
in record time to receive ships with larger<br />
materials for building the LNG terminal as<br />
well as loading and unloading facilities for LNG carriers. With a large international team of Dutch, English and Nigerian<br />
engineers, <strong>Royal</strong> <strong>Haskoning</strong> delivered the basic designs in a tight schedule whilst keeping up the high quality standard<br />
required in the oil and gas industry.<br />
>> re-flooding the moat around the tower of london<br />
The Tower of London ranks as one of the<br />
world’s most familiar landmarks and<br />
occupies a key place in the history of the<br />
United Kingdom. The draining and filling of<br />
the moat in 1845 caused a significant change<br />
to the visual appearance of the Tower. In<br />
2006, Historic <strong>Royal</strong> Palaces commissioned a<br />
study to evaluate the technical and financial<br />
viability of re-flooding the moat at the Tower<br />
of London to enhance its setting against<br />
project manager >> G. Peckham MA FICE<br />
a modern urban landscape and reinforce<br />
its cultural value as a historical defensive<br />
structure. <strong>Royal</strong> <strong>Haskoning</strong> were part of a<br />
multi-disciplinary team headed by Nuttall John Martin. The team took a fresh look at earlier proposals and developed a<br />
cost-effective, sustainable solution for re-flooding the moat, respecting the archaeological importance of the site.<br />
41<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
<strong>Royal</strong> <strong>Haskoning</strong> in Asia<br />
divisions<br />
<strong>Royal</strong> <strong>Haskoning</strong> Asia has sixteen offices in eight Asian countries. The division generally realises projects for multinationals<br />
and international financial institutions (IFI), but also works for local clients in the non-residential building sector. The services<br />
provided by the division cover the whole of the planning, design and realisation process, with the emphasis on architecture<br />
and building. Most of the 500 personnel are local staff, in accordance with our tried and tested policy of operating as a<br />
‘local consultant at an international level’.<br />
In 2006 the division achieved a turnover of almost 1 10 million, the same as the previous year. However, this did not meet<br />
our turnover target.<br />
Despite the political unrest, a good performance was achieved by the various offices in Thailand in 2006. Work continued<br />
on major projects for Cargill and Purac, while an integrated project for Chevron was started up by our subsidiary Chuchawalde<br />
Weger (CDW). The Design 103 architects took advantage of changes in the market with a renewed focus on hotels and<br />
apartments. Vietnam had a particularly good year in the multinationals market with, among other things, brewery projects<br />
for the Krones Group. Successful diversification and expansion of the client base resulted in the opening of a new office in<br />
Hanoi.<br />
Indonesia, Cambodia and the Philippines all experienced a stable year in which a sound foundation was laid for 2007. During<br />
the past three years, the strengths of all the offices in Asia have been brought together in <strong>Royal</strong> <strong>Haskoning</strong> Asia. The aim<br />
in 2007 will be to respond appropriately to the constantly changing demand in the market by offering integrated solutions<br />
using the full breadth and know-how of the whole <strong>Royal</strong> <strong>Haskoning</strong> organisation. Because of the deconsolidation of our<br />
subsidiaries in Thailand the turnover will fall in the coming year. We are aiming for a turnover of 1 5.5 million.<br />
In 2006 the activities of our branch in Hanoi, Vietnam, for projects financed by International Financial Institutions received<br />
a considerable boost. Taking our knowledge to Vietnam has put us in a position both to serve the local market and to serve<br />
the Indonesian and Bangladeshi markets even better. We therefore expect to see considerable growth in turnover and<br />
earnings from this branch in 2007.<br />
>> local consultant at an international level<br />
>> expansion of capacity and range of services<br />
>> creating clear added value by appropriate use of knowledge network<br />
42
projects<br />
>> design of the siam paragon shopping mall in bangkok<br />
Located in the heart of Bangkok on<br />
Rama I Road, Siam Paragon is one of the<br />
biggest and most prestigious shopping<br />
malls in South East Asia. Design 103<br />
International Ltd. was responsible for the<br />
architectural and interior design of the entire<br />
complex, which includes a wide range of<br />
shops and stores, restaurants, a multiplex<br />
cinema with fifteen large auditoriums and<br />
the Siam Ocean World Aquarium, the largest<br />
project manager >> W. Wanichsiriroj<br />
in South East Asia. The project is a joint<br />
venture by the Mall Group and Siam Piwat,<br />
which also owns the adjacent Siam Centre<br />
and Siam Discovery shopping malls. The eight-storey Siam Paragon has 400,000 m 2 of floor space and parking spaces for<br />
4000 cars. The building also houses an exhibition hall and opera concert hall, a large bowling alley and a karaoke centre.<br />
>> new brewery for sabeco in vietnam<br />
As part of a major expansion programme to<br />
become Vietnam’s leading beer producer,<br />
the Saigon Alcohol and Beverage Company<br />
(SABECO) is building a new brewery in<br />
the Cu Chi district of Ho Chi Minh City.<br />
<strong>Royal</strong> <strong>Haskoning</strong> has been appointed as the<br />
architecture and building consultant for the<br />
new brewery, which will reach an <strong>annual</strong><br />
capacity of one million hectolitres in the<br />
project manager >> IR. R.T.G. de Roos<br />
first phase and two million hectolitres in<br />
the second phase. In this turnkey project<br />
with international quality standards, to<br />
be completed by June 2007, the technology and equipment is being provided by lead contractor Krones from Germany,<br />
while local contractor Coteccons is carrying out the civil engineering. <strong>Royal</strong> <strong>Haskoning</strong> is responsible for the design, safety<br />
management and construction management of all buildings, which allow for easy future expansions. Completion within the<br />
tight schedule of eighteen months can be achieved because of close coordination and cooperation within the project team.<br />
43<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
isk profile 2006<br />
royal haskoning<br />
market factors<br />
<strong>Royal</strong> <strong>Haskoning</strong> carried out around 11,500 projects in more than 40 countries for some 3500 clients in 2006. More than<br />
48 percent of the turnover came from clients in the private sector (2005: 42 percent). The turnover from national and<br />
international government agencies amounted to 39 percent (2005: 45 percent). Just as last year, 10% of the turnover came<br />
from utility companies. This diversification damps fluctuations in the results and thus contributes to the continuity of the<br />
business.<br />
In 2006 59 percent of the net turnover came from within the Netherlands (2005: 57 percent). The net turnover from Western<br />
Europe amounted to a total of 75 percent (2005: 74 percent). The growth in turnover from outside Western Europe almost<br />
kept in step with the growth inside Western Europe. There is an even market spread across the various divisions.<br />
The work in hand remained at a satisfactory level in 2006 and, at the end of 2006, amounted to a good six months (2005:<br />
6.8 months). This limits the risk of under capacity resulting from a sudden slump in the market.<br />
labour market<br />
Our position in the labour market is of vital importance to the continuity of the business. It is therefore in the labour market<br />
that <strong>Royal</strong> <strong>Haskoning</strong> also wants to be a top company. We are pleased to see that <strong>Royal</strong> <strong>Haskoning</strong> is well respected as an<br />
employer. In the Netherlands we reached a position in the top 50 companies, in the United Kingdom in the top 100. In 2006<br />
the sickness absence also fell by more than 10 percent, from 3.0 percent (2005) to 2.7 percent.<br />
Even so, we too were affected by the strain on the labour market. As was the case earlier in the United Kingdom, growth<br />
in the Netherlands is now limited not so much by the number of orders that we can acquire, but rather by the number of<br />
qualified staff that we can attract and retain. Measures taken in 2006 to limit the outflow bore fruit. In the United Kingdom<br />
in particular, the outflow of staff was significantly lower than the average in the sector. Our employment conditions are<br />
designed especially to appeal to young professionals. We have a balanced target group policy and we have expanded the<br />
variable remuneration system, coupled to individual objectives. As regards the longer term, <strong>Royal</strong> <strong>Haskoning</strong> intends to<br />
systematically increase the diversity in the company.<br />
The educational level of our staff is one of the highest in the industry. Including the recent acquisitions, some 70 percent<br />
of our staff have a university or polytechnic education. Group-wide, including the offices outside Europe, the number<br />
of employees was 3,143 on the balance sheet date (at the end of 2005: 2783), excluding temporary staff and student<br />
trainees. This increase occurred mainly in the divisions, where the number of employees increased by 17 percent. The<br />
number of employees in the staff groups remained more or less constant and amounted to over 9 percent of the total<br />
(2005: 10 percent).<br />
44
isk profile 2006<br />
royal haskoning<br />
project risks<br />
<strong>Royal</strong> <strong>Haskoning</strong> is a project organisation. The turnover from the 11,500 projects we carried out varied from a few thousand<br />
to millions of euros per project. In view of the number and variety of projects, it is particularly important to manage the<br />
project risks. The management tools used include the following:<br />
Project valuation<br />
<strong>Royal</strong> <strong>Haskoning</strong> uses uniform valuation principles for all projects. The speed and transparency with which project<br />
information is accessible via the central financial system, Agresso, contributes significantly to a proper monitoring and<br />
control of projects. The most important business operations outside Western Europe were also accessible via Agresso.<br />
Work in progress is not valued until the order confirmation has been received. Profit is determined for each project on the<br />
basis of progress; losses are taken as soon as they have been established. The profit on high risk overseas projects is not<br />
taken until the project has progressed by more than 50 percent.<br />
A provision of 50 percent is made for project-related receivables that are more than 180 days old and 100 percent for<br />
receivables older than 360 days, unless written payment guarantees have been presented. At the balance sheet date, the<br />
total of accounts receivable amounted to 1 55 million, or 20 percent of the turnover (2005: 23 percent). Additionally, the<br />
provisions for bad debts amounted to 1 7.6 million at the balance sheet date (2005: 1 8.3 million).<br />
Project management<br />
The uniform valuation principles contribute to project risks being properly recognised. However, setbacks can always<br />
occur with projects. In order to respond to these adequately and in good time, <strong>Royal</strong> <strong>Haskoning</strong> encourages a culture of<br />
openness. <strong>Royal</strong> <strong>Haskoning</strong> also invests a great deal in the development of project management skills and in the control<br />
measures associated with projects. In accordance with our quality system, projects are subjected to internal and external<br />
project evaluations.<br />
High risk projects<br />
The <strong>Royal</strong> <strong>Haskoning</strong> quality system includes a risk matrix with which all high risk projects are identified at the acquisition<br />
stage. These risks may be in the technical, financial or contractual area. Such projects are specially assessed for risks by<br />
the Legal Affairs, Corporate Finance and – where applicable – International Affairs Departments. The final decision about<br />
entering into contractual commitments for such projects is made by the Board of Management. <strong>Royal</strong> <strong>Haskoning</strong> naturally<br />
has the (professional) liability insurances normal in the industry.<br />
45<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
isk profile 2006<br />
royal haskoning<br />
other operational risks<br />
Suppliers<br />
Around 25 percent of the costs of a project are incurred in purchasing materials and hiring in work from third parties. Our<br />
quality system is used to perform a systematic evaluation of the quality of our suppliers. At the end of 2006, the accounts<br />
payable amounted to almost 1 19 million (2005: 1 15 million).<br />
Systems<br />
ICT is essential for the exchange of project information and for the supporting business processes. The risks associated with<br />
a possible failure of ICT systems are therefore increasing. The management and maintenance of the group-wide ICT network<br />
and the support for our standard software has been contracted out to Siemens. Agreements on response times in the event<br />
of a failure have been included in the service level agreement with Siemens. Additionally, PriceWaterhouseCoopers carry<br />
out an <strong>annual</strong> EDP audit on our financial ICT systems as part of the audit of the <strong>annual</strong> accounts.<br />
financial risks<br />
Currency risks<br />
As in 2005, less than 3 percent of the turnover was exposed to currency risks in 2006. As a rule this was a risk in relation to<br />
the US dollar, but our portfolio also includes other, less common currencies. The currency risk relating to the more common<br />
currencies is covered on the futures market or by option contracts for long-term projects. At the end of 2006 the value of<br />
futures and option contracts in US dollars amounted to some 1 9.3 million at the expiry date (2005: 1 8.1 million).<br />
The risk connected with currencies for which there is no direct futures market is covered where possible either by taking<br />
a position in a related currency or by matching the income as closely as possible to expenditure in the same currency. The<br />
total currency risk in carrying out our projects is therefore relatively small.<br />
Guarantees, interest and credit risks<br />
Bank guarantees are regularly issued in connection with projects. At the end of 2006 there were 1 19.3 million outstanding<br />
in bank guarantees with clients and suppliers (2005: 1 15.2 million).<br />
Some clients require the parent company to guarantee the execution of projects. It is <strong>Royal</strong> <strong>Haskoning</strong> policy to limit such<br />
guarantees. Partly for this reason, we operate an internal balance policy, whereby the solvency of the various operating<br />
companies is sufficient for them to be able to operate independently in the market.<br />
Clients are increasingly willing to make a down payment at the start of a project. The company usually issues a down<br />
payment guarantee in return. The total of the down payment guarantees amounted to 1 11.4 million at the end of 2006.<br />
<strong>Royal</strong> <strong>Haskoning</strong> wants to limit the influence of financial charges on the operating result. The company therefore strives for<br />
a healthy cash position and regularly reviews interest rates in consultation with the banks.<br />
46
isk profile 2006<br />
royal haskoning<br />
Pensions<br />
In recent years most of the <strong>Royal</strong> <strong>Haskoning</strong> pension schemes were converted from defined benefit to defined contribution<br />
schemes. In 2006 this step was also taken for the most recent acquisitions. These measures will prevent the volatility of the<br />
assets and liabilities of the pension funds from having too much influence on the <strong>Royal</strong> <strong>Haskoning</strong> balance sheet. At the<br />
same time, this is also beneficial for the continuity of the pension funds themselves in the longer term.<br />
With effect from the 2005 <strong>report</strong>ing year, these pension deficits have been incorporated in the <strong>annual</strong> accounts in<br />
connection with the revised financial <strong>report</strong>ing guidelines (RJ271). In respect of liabilities accumulated in the past, the<br />
pension deficit at the balance sheet date amounted to 1 9.5 million before tax. The deficit is mainly due to deficits built up<br />
in the pension fund in the United Kingdom. Compared with last year, the deficit has reduced by 1 0.7 million.<br />
Other balance sheet risks<br />
<strong>Royal</strong> <strong>Haskoning</strong> has subsidiary companies outside the Netherlands. Where the holdings lie outside the euro zone, there is<br />
an associated currency risk. The value of a holding fluctuates with the exchange rate. Unlike its policy in regard to projects,<br />
<strong>Royal</strong> <strong>Haskoning</strong>’s policy is not to hedge against this translation risk. <strong>Royal</strong> <strong>Haskoning</strong> plans to retain these holdings for the<br />
long term, in the interests of the continuity of the business. This continuity principle means that the horizon is different<br />
from those of projects with a fixed end date. In 2006 this led to a net upward capital adjustment of 1 0.24 million (2005:<br />
1 0.14 million upward), mainly as a result of the change in the exchange rates for the British pound and the Thai baht.<br />
<strong>Royal</strong> <strong>Haskoning</strong> writes off the goodwill paid for in takeovers. At the balance sheet date, the capitalised goodwill and other<br />
intangible assets amounted to 1 11.7 million (2005: 1 9.8 million). In assessing the capitalised goodwill and other intangible<br />
assets, a correction (‘impairment’) was applied in 2006. The correction related to the capitalised value of a patent for a<br />
purification procedure (1 150,000) and part of the capitalised goodwill relating to a company acquired in 2002 (1 850,000).<br />
Additionally, negative goodwill in the sum of 1 585,000 was released. This related to a company acquired in 2005, for which<br />
the costs of the integration turned out to be lower than originally expected.<br />
On balance this brings the depreciation over 2006 to 1 1.2 million (2005: 1 0.4 million). There are no reasons for a further<br />
downward valuation of companies and activities that have been taken over.<br />
47<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
alance sheet<br />
financial review<br />
consolidated balance sheet as of 31 December 2006 (before recommended result appropriation) x 1 1,000<br />
31.12.2006 31.12.2005<br />
assets<br />
fixed assets<br />
Intangible fixed assets 11,688 9,765<br />
Tangible fixed assets 9,428 10,685<br />
Financial fixed assets 3,673 3,578<br />
24,789 24,028<br />
current assets<br />
Work in progress 17,160 13,628<br />
Debtors 71,663 62,651<br />
Cash at bank and in hand 18,082 13,237<br />
106,905 89,516<br />
total 131,694 113,544<br />
liabilities<br />
group equity<br />
Total equity 49,386 39,115<br />
Minority interests 100 1,092<br />
49,486 40,207<br />
provisions 14,925 14,379<br />
long-term liabilities 614 1,681<br />
current liabilities 66,669 57,277<br />
total 131,694 113,544<br />
48
profit &loss<br />
financial review<br />
consolidated profit and loss account x 1 1,000<br />
2006<br />
2005<br />
Net turnover 274,090 219,451<br />
Change in work in progress 3,367 2,932<br />
Other operating income 2,511 1,019<br />
total operating income 279,968 223,402<br />
Material and work of third parties 66,092 51,228<br />
Wages and salaries 121,182 97,709<br />
Social security charges 26,631 21,684<br />
Depreciation of tangible and intangible assets 4,990 4,070<br />
Other operating costs 48,338 38,022<br />
Total operating costs 267,233 212,713<br />
operating result 12,735 10,689<br />
Interest income and other financial income 861 483<br />
Interest charges and other financial costs (621) (424)<br />
240 59<br />
result on ordinary activities before taxation 12,975 10,748<br />
Taxation on profit on ordinary activities (3,859) (3,792)<br />
Share in result of subsidiaries 1,402 562<br />
Group result after tax 10,518 7,518<br />
Minority interests (70) (179)<br />
result after tax 10,448 7,339<br />
<strong>annual</strong> <strong>report</strong> 2006 >> 49
cash flow<br />
financial review<br />
consolidated cash flow statement x 1 1,000<br />
2006 2005<br />
cash flow from operating activities<br />
Operating result 12,735 10,689<br />
Adjustments for:<br />
Depreciation 4,990 4,070<br />
Results on sale of fixed assets (2,241) (902)<br />
Changes in provision excluding tax (652) (3,492)<br />
2,097 (324)<br />
Changes in working capital:<br />
Work in progress (3,453) (2,980)<br />
Debtors (7,143) (4,158)<br />
Current liabilites 8,997 10,758<br />
(1,599) 3,620<br />
cash flow from company operations 13,233 13,985<br />
Interest received/paid by remainder 167 179<br />
Dividends received from subsidiaries 891 724<br />
Received/paid corporate taxation (4,597) (2,974)<br />
(3,539) (2,071)<br />
cash flow from operating activities 9,694 11,914<br />
cash flow from investment activities<br />
Acquisition of subsidiaries including loans given (4,098) (13,927)<br />
Divestment of subsidiaries including repayments of issued loans 1,008 –<br />
Investments in tangible and intangible fixed assets (5,260) (2,157)<br />
Disposals of tangible and intangible fixed assets 4,888 8,088<br />
including income from laboratory<br />
cash flow from investment activities (3,462) (7,996)<br />
6,232 3,918<br />
cash flow from financing activities<br />
Changes in long-term liabilities (1,112) (8,980)<br />
Changes minority interests excluding share in result (93) (105)<br />
cash flow from financing activities (1,205) (9,085)<br />
net cash flow 5,027 (5,167)<br />
Carry forward 5,027 (5,167)<br />
50
financial review<br />
2006 2005<br />
Brought forward 5,027 (5,167)<br />
Exchange rate conversion differences on cash at bank and in hand 24 100<br />
Cash in new consolidations (no investments) (1,326) 27<br />
decrease (increase) in cash at bank and in hand 3,725 5,040<br />
Cash at bank and in hand 01/01 13,237 18,217<br />
Short-term loans 01/01 (2,188) (2,128)<br />
11.049 16.089<br />
Changes in cash at bank and in hand 3,725 (5,040)<br />
Cash at bank and in hand 31/12 18,082 13,237<br />
Short-term loans 31/12 (3,308) (2,188)<br />
14,774 11,049<br />
51<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
explanatory notes<br />
financial review<br />
The financial review contains a summary of the 2006 <strong>annual</strong> accounts of Koninklijke <strong>Haskoning</strong> Groep B.V. The financial<br />
review should be read in conjunction with the complete 2006 <strong>annual</strong> accounts for more information about the company’s<br />
financial position and results. The complete <strong>annual</strong> accounts have been filed at the Chamber of Commerce.<br />
Nature of the activities<br />
Koninklijke <strong>Haskoning</strong> Groep B.V. is the holder of all shares, through <strong>Haskoning</strong> Advies Beheer B.V. of the companies<br />
belonging to the <strong>Royal</strong> <strong>Haskoning</strong> Group.<br />
Consolidation<br />
Companies over which Koninklijke <strong>Haskoning</strong> Groep B.V. exercises decisive control are consolidated. The items <strong>report</strong>ed in<br />
the financial results of the consolidated companies are fully incorporated in the consolidation. The minority interests in the<br />
consolidated capital and in the consolidated results are <strong>report</strong>ed separately.<br />
Key companies included in the consolidation are:<br />
Koninklijke <strong>Haskoning</strong> Groep B.V.<br />
<strong>Haskoning</strong> Advies Beheer B.V. 100%<br />
<strong>Haskoning</strong> Nederland B.V. 100%<br />
Raadgevend Technies Buro van Heugten B.V. (from 1 July 2005) 100%<br />
BM Managers van het bouwproces B.V. (from 1 August 2005) 100%<br />
IM Infra consultancy en management B.V. (from 1 August 2005) 100%<br />
Dordtse Engineering B.V. (from 23 November 2005) 100%<br />
VHP Stedebouwkundigen + Architekten + Landschapsarchitekten B.V. (from 18 April 2006) 100%<br />
<strong>Haskoning</strong> UK Holdings Ltd 100%<br />
<strong>Haskoning</strong> UK Ltd 100%<br />
<strong>Haskoning</strong> Belgium B.v.b.A. 100%<br />
<strong>Haskoning</strong> International B.V. 100%<br />
<strong>Haskoning</strong> Asia B.V. 75.2%<br />
On pages 72-73 of this <strong>annual</strong> <strong>report</strong> you can find a list of the group companies and subsidiaries of the Koninklijke <strong>Haskoning</strong><br />
Group. Because of changes in the shareholder relationship in Thailand, the holdings in CDW and D-103, part of <strong>Haskoning</strong><br />
Asia B.V., were consolidated at the end of 2006.<br />
Explanatory notes to the consolidated cash flow statement<br />
The cash flow statement has been drawn up according to the indirect method. The financial resources in the cash flow<br />
statement consist of the cash in hand and the bank credit included under the current liabilities. Cash flows in foreign<br />
currencies have been converted at the average exchange rates.<br />
(Dis) investments in group companies have been stated at the transaction price with a deduction for the financial resources<br />
present in the group company concerned.<br />
52
explanatory notes<br />
financial review<br />
principles of valuation and determination of the result<br />
General<br />
The <strong>annual</strong> accounts have been drawn up in accordance with the financial <strong>report</strong>ing requirements of Part 9 Book 2 of the<br />
Dutch Civil Code and the authoritative statements in the financial <strong>report</strong>ing guidelines, issued by the Dutch Accounting<br />
Standards Board.<br />
Foreign currencies<br />
Functional currencies<br />
The group company items in the <strong>annual</strong> accounts have been valued taking into account the exchange rates in the economic<br />
environment in which the group company concerned has carried out most of its activities. The consolidated <strong>annual</strong> accounts<br />
have been drawn up in euros, the functional and presentation currency of the Koninklijke <strong>Haskoning</strong> Groep B.V.<br />
Transactions, assets and debts<br />
Transactions in foreign currency during the year under review are stated in the <strong>annual</strong> accounts at the exchange rate at the<br />
time of the transaction. Monetary assets and liabilities in foreign currency have been converted at the rate at the balance<br />
sheet date. The exchange rate differences resulting from the settlement and conversion have been incorporated in the<br />
profit and loss account.<br />
Where covering transactions have been entered into to cover the currency risk associated with monetary assets and<br />
liabilities, currency results have not yet been incorporated in the profit and loss account, but have been incorporated under<br />
the accrued income and liabilities if results not realised on the balance sheet date counterbalance these currency results.<br />
Translation differences relating to long term intra-group loans that are in fact an expansion or reduction of the net<br />
investment of foreign holdings are charged or credited directly to total equity in the statutory translation difference<br />
reserve. If loans have been taken out in order to finance the net investment in a foreign holding, the translation differences<br />
have been incorporated in the statutory translation difference reserve to the extent that the loan is effective in covering<br />
the translation differences on the net investment in the foreign holding.<br />
Group Companies<br />
The assets and liabilities of the foreign holdings included in the consolidation in foreign currencies are converted at the<br />
exchange rate on the balance sheet date and the income and charges at the average exchange rate during the financial<br />
year. Goodwill and conversions to the actual value of identifiable assets and liabilities are viewed as part of foreign holdings<br />
and have also been converted at the exchange rate as per the balance sheet date. The resulting translation differences have<br />
been directly charged or credited to equity capital in the statutory translation difference reserve.<br />
53<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
explanatory notes<br />
financial review<br />
Acquisition of group companies<br />
The results and identifiable assets and liabilities of the company that has been taken over are included in the consolidated<br />
<strong>annual</strong> accounts from the date of takeover. The date of the takeover is the moment at which decisive control can be<br />
exercised in the company concerned.<br />
The acquisition price consists of the sum of money or equivalent agreed for the acquisition of the business taken over, plus<br />
any directly attributable costs.<br />
If the acquisition price is higher than the net total of the actual value of the identifiable assets and liabilities, the excess<br />
is capitalised as goodwill under the intangible fixed assets. If the acquisition price is lower than the net total of the actual<br />
value of the identifiable assets and liabilities, the difference (negative goodwill) is either deducted from the existing<br />
goodwill from other transactions or is <strong>report</strong>ed as an accrued liability item. The companies involved in the consolidation<br />
continue to be <strong>report</strong>ed in the consolidation until the moment that they are sold; deconsolidation occurs at the moment<br />
that control is transferred.<br />
valuation principles applied<br />
Intangible fixed assets<br />
With respect to goodwill paid and patents, for which the following principle is applied:<br />
> capitalised goodwill and other intangible fixed assets with an acquisition price of up to 1 500,000 are depreciated over<br />
5 years;<br />
> investments of more than 1 500,000 are depreciated over 20 years;<br />
An assessment is made at the balance sheet date as to whether there are indications that a fixed asset may be subject<br />
to a special downward value adjustment. This may be the case if the book value is higher than the realisable value. In<br />
determining the realisable value, the representative cash flow generating unit is assessed. This may be the individual asset<br />
or the cash flow generating unit to which the asset belongs. The realisable value is the higher of the sale value and the<br />
going-concern value. The sale value is determined on the basis of the active market. The going-concern value is determined<br />
using a standard valuation methodology. This compares a valuation in relation to the market with an absolute valuation<br />
on the basis of the present value of the future cash flows. A special downward value adjustment is charged directly to the<br />
profit and loss account.<br />
If it is established that a special downward value adjustment that was <strong>report</strong>ed in the past no longer exists or has reduced,<br />
the increased book value is set no higher than the book value would have been if no special downward value adjustment<br />
had been <strong>report</strong>ed.<br />
Negative goodwill is set off against the positive goodwill in the balance sheet and credited to the profit and loss account<br />
on the basis of, in turn:<br />
> the extent to which it can be attributed to expected future losses and charges that were taken into account in the<br />
takeover plan, even though it did not form an identifiable liability at the date of the takeover<br />
> the extent to which it can be attributed to the actual value of the identifiable non-monetary assets at takeover<br />
> the extent to which it can be attributed to other factors<br />
54
explanatory notes<br />
financial review<br />
Tangible fixed assets<br />
The business premises, fixtures and fittings and means of transport are valued at acquisition price and depreciated on a<br />
straight-line basis, based on their estimated economic life.<br />
Land is valued at its acquisition price. If there are indications that (a group of) assets with a book value of more than<br />
1 500,000 may be subject to a special downward value adjustment, the realisable value of the (group of) assets is<br />
determined. A special downward value adjustment loss is stated in the profit and loss account.<br />
Financial fixed assets<br />
Holdings in group companies and other holdings where significant influence can be exercised are valued according to the<br />
net asset value method as derived from the latest available financial data from the holdings. There is presumed to be<br />
significant influence in any case where there is a shareholder’s interest of more than 20%. Holdings where no significant<br />
influence can be exercised are valued at the acquisition price. Receivables, including tax receivables, are valued at nominal<br />
value with the deduction of a provision for bad debts.<br />
If the valuation of a holding is negative according to the net asset value, it is set at nil. If and to the extent that the group<br />
is wholly or partially responsible for the liabilities of the holding in this situation, or has the firm intention to enable the<br />
holding to settle its debts, a provision is made for this.<br />
The initial valuation of purchased holdings is based on the actual value of the identifiable assets and liabilities at the time<br />
of the acquisition. The principles that apply to these <strong>annual</strong> accounts are applied for successive valuations, based on the<br />
values from the initial valuation.<br />
Leasing<br />
Financial lease<br />
The company leases some of the inventory and the other fixed assets. Generally speaking, this means that the company<br />
benefits from the advantages and suffers from the disadvantages associated with the ownership of these assets. They<br />
are listed in the balance sheet at the time the lease contract is entered into, at the actual values of the assets or the lower<br />
present value of the minimum lease periods. The instalments to be paid are split into a repayment component and an<br />
interest component. The liabilities under the lease, excluding the interest payments, are included under the long term<br />
liabilities. The interest component is included in the profit and loss account in line with the lease periods. The assets are<br />
depreciated over the remaining economic life or, if shorter, the duration of the lease contract.<br />
Operating lease<br />
Lease contracts, where the company does not benefit from a large part of the advantages or suffer from a large part of<br />
the disadvantages associated with the ownership, are included as operating leases. Taking into account reimbursements<br />
received from the lease company, liabilities in respect of operating leases are included on a linear basis in the profit and loss<br />
account over the duration of the lease contract.<br />
55<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
explanatory notes<br />
financial review<br />
Financial instruments<br />
The securities and derived financial instruments included under the financial fixed assets and current assets are valued at<br />
market value. All the remaining financial instruments included in the balance sheet are valued at cost price (i.e. the nominal<br />
value, unless stated otherwise).<br />
Where derived financial instruments have been designated as instruments for covering risks, changes in value are directly<br />
charged or credited to the revaluation reserve in the equity capital until the covering instrument expires or is sold. In that<br />
case, the cumulative result is transferred to the profit and loss account.<br />
Work in hand<br />
Time and money spent on orders and commissions that have not yet been invoiced at the balance sheet date are booked<br />
under work in hand. The time spent is charged to the projects at the applicable rates. The rates are based on the integral<br />
cost price. For the projects where the profit on the work already carried out can be determined in a responsible manner,<br />
profit is recognised for work in hand on the basis of the percentage of completion method. Provisions have been made<br />
for recognised risks and expected losses on projects. Provisions for expected losses are taken in the period in which it<br />
is established that there are loss-making projects, and are charged to the work in hand item. The installments due are<br />
also charged to the work in hand item. Payments in advance are included as financing advances received under current<br />
liabilities.<br />
Receivables<br />
Receivables are valued at nominal value less a provision for bad debts. The necessary provision for bad debts is determined as<br />
follows. A provision of 50 percent is made for Receivables more than 180 days old and of 100 percent percent for receivables<br />
older than 360 days, unless written payment guarantees have been presented.<br />
Cash in hand and at bank<br />
Cash in hand and at bank is valued at nominal value less a provision for currencies that are not freely transferable.<br />
Third party share<br />
The share of third parties in the group capital is valued at the sum of the net interest in the group companies concerned.<br />
Where the group company concerned has a negative net asset value, the negative value together with any further losses<br />
is not charged to the third party share unless the third party shareholders have an actual liability and are able to take the<br />
losses for their own account.<br />
Provisions – general<br />
Provisions are created for legally enforceable or actual liabilities that exist at the balance sheet date and for which it is likely<br />
that an outflow of resources will be necessary and for which the magnitude can be estimated in a reliable manner. The<br />
provisions are valued at the best estimate of the sums necessary to settle the liabilities at the balance sheet date.<br />
56
explanatory notes<br />
financial review<br />
Pension provision<br />
<strong>Royal</strong> <strong>Haskoning</strong> has a number of pension schemes, including defined benefit pension schemes. A defined benefit pension<br />
scheme is understood to mean a scheme whereby the actuarial risk, including the investment risk, lies with operating<br />
companies of <strong>Royal</strong> <strong>Haskoning</strong>.<br />
The pension provision included in the balance sheet is the present value of the pension entitlements in respect of the<br />
defined benefit pension scheme with a deduction for the actual value of the fund investments. This allows for the actuarial<br />
profits and losses that have not been incorporated in the accounts and pension costs related to elapsed years of service<br />
that have not yet been included. The pension provision is actuarially calculated each year by independent actuaries.<br />
The present value of the commitment is the present value of the estimated future cash flows. This is calculated using<br />
interest rates that apply to high quality corporate bonds with a term approximately equal to the term of the related pension<br />
commitments.<br />
Actuarial profits and losses resulting from changes in actuarial assumptions that are more than 10 percent greater than the<br />
higher of the pension entitlements and the actual value of the fund investments at the beginning of the financial year are<br />
charged or credited to the profit and loss account for a period equal to the expected average future years of service of the<br />
employees concerned.<br />
Provisions for other employee benefits<br />
The Group has included commitments to pay long service bonuses and sickness pay in the employment conditions. An<br />
actuarially calculated provision is included for the entitlements attributable to elapsed years of service.<br />
Provision for tax<br />
The deferred tax liabilities relate to the liabilities arising out of the differences between the valuation of assets and<br />
liabilities for <strong>report</strong>ing purposes and their tax-related valuation as well as any tax exemptions and risks of foreign projects<br />
(permanent establishments). Deferred tax assets are stated if it is reasonable to assume that they will be realised in due<br />
course. The tax assets are valued at the nominal value based on the applicable tax rate, or on the rates applicable in future<br />
years, to the extent that these have already been laid down in law.<br />
Other assets and liabilities<br />
These are valued at nominal value.<br />
57<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
explanatory notes<br />
financial review<br />
determination of result<br />
General<br />
The result is determined as the difference between the realisable value of work done and the costs and other outgoings<br />
incurred during the year. Profits are accounted for in the year in which they are realised; losses are accounted for as soon<br />
as they become foreseeable. As far as projects are concerned, profit is accounted for on the basis of the percentage of<br />
completion method.<br />
Net turnover<br />
Net turnover is regarded as the amounts (exclusive of VAT) charged to third parties for the services provided during the year<br />
under review.<br />
Operating charges<br />
Operating charges are attributed to the year to which they relate.<br />
Depreciation<br />
Depreciation on tangible fixed assets is calculated on the basis of fixed percentages of the purchase cost.<br />
Taxes<br />
Taxes on the results are calculated by applying the applicable rates to the results of the financial year according to applicable<br />
regulations, taking into consideration the permanent differences between the profit for financial <strong>report</strong>ing purposes and<br />
that based on the tax requirements. These differences are included in the tax on profit from ordinary activities.<br />
Financial risks<br />
The exchange rate risk on (foreign) projects relating to the more common currencies is covered on the futures market or<br />
by option contracts for long-term projects. These are based on the group-wide cash flows in foreign currencies. The risk<br />
connected with currencies for which there is no direct futures market is covered where possible either by taking a position<br />
in a related currency.<br />
Guarantees, interest and credit risks<br />
Bank guarantees are regularly issued in connection with projects, often for a deposit but sometimes also as a performance<br />
guarantee. Some clients require the parent company to guarantee the execution of projects. Such guarantees are limited as<br />
much as possible by pursuing an internal balance sheet policy whereby the solvency of the operating companies is sufficient<br />
for them to operate independently in the market.<br />
Other balance sheet risks<br />
With a view to the continuity of the business, the exchange rate risk is not covered for subsidiary companies outside the<br />
euro zone, unlike the case with projects.<br />
58
ecommended result appropriation<br />
financial review<br />
Pursuant to the legal and statutory provisions, the following movements have already been included in the balance sheet<br />
as at 31 December 2006.<br />
> addition to the dividend reserves 1 259,590<br />
> release to statutory reserves 1 (288,980)<br />
1 (29,390)<br />
These movements have been charged to the other reserves. In accordance with the Articles of Association, the dividend<br />
reserve per share has been added in proportion to the number of shares issued.<br />
The Board of Management proposes that the profit over 2006, amounting to 1 10,447,614, be added to the other reserves.<br />
This proposal has not yet been incorporated in the <strong>annual</strong> accounts.<br />
Nijmegen, 29 maart 2007<br />
drs.ing. J. Bout<br />
ir. L. Visser<br />
59<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
auditors’ <strong>report</strong><br />
to the supervisory board and shareholders<br />
of koninklijke haskoning groep b.v.<br />
Instruction<br />
We have audited the 2006 financial review of Koninklijke <strong>Haskoning</strong> Groep B.V., Nijmegen, as set out on pages 48 to 59<br />
of this <strong>annual</strong> <strong>report</strong>. The 2006 financial review has been derived from the audited financial statements of Koninklijk<br />
<strong>Haskoning</strong> Groep B.V. for the year 2006. In our auditors’ <strong>report</strong> dated 29 March 2006 we expressed an unqualified opinion<br />
on these financial statements. Management is responsible for the preparation of the financial review. Our responsibility is<br />
to express an opinion on the financial review.<br />
Scope<br />
We conducted our audit in accordance with Dutch law. This law requires that we plan and perform the audit to obtain<br />
reasonable assurance that the financial review has been correctly derived from the financial statements. We believe that<br />
the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.<br />
Opinion<br />
In our opinion, the 2006 financial review has been correctly derived, in all material respects, from the financial statements.<br />
Emphasis of matter<br />
For a better understanding of the company’s financial position and results and the scope of our audit, the 2006 financial<br />
review should be read in conjunction with the unabridged financial statements, from which the financial review was<br />
derived and our unqualified auditors’ <strong>report</strong> thereon dated 29 March 2006.<br />
Arnhem, 13 april 2007<br />
PricewaterhouseCoopers Accountants N.V.<br />
A. Groenenboom RA<br />
60
we are <strong>Royal</strong> <strong>Haskoning</strong><br />
extended profile<br />
profile<br />
We are consultants, architects and engineers. Together, 3,600 professionals operating worldwide. Our independent professional<br />
status is supported by our ownership structure; the shares are managed by an independent foundation. Our commitment sets us<br />
apart and is expressed in our pro-active approach.<br />
<strong>Royal</strong> <strong>Haskoning</strong> is concerned first and foremost with providing service at the highest level and with quality. We are striving for a<br />
position in the top segment through competitive pricing, linked to added value for our clients.<br />
standards and values<br />
We are aware of our corporate social responsibility. Our core values and code of conduct are the basis of everything we do and<br />
ensure mutual trust, excellent cooperation and the success of our enterprise.<br />
Every day our consultants work on sustainable technological solutions for people and the organisation of their environment.<br />
The nature of our work brings with it clear responsibilities, and for <strong>Royal</strong> <strong>Haskoning</strong> concern for all the effects of our activities has<br />
always been a matter of course. We are happy to incorporate new insights and developments in Corporate Social Responsibility<br />
(CSR) in this tradition.<br />
corporate social responsibility<br />
There are currently many definitions of CSR, but we believe that the essence is finding a way of doing business aimed at achieving a<br />
sustainable balance between people, environment and profitability, normally referred to as the ‘3P balance’ (People, Planet, Profit).<br />
We work on and express our Corporate Social Responsibility in four areas: core values and policy, products and advice, operational<br />
management and social involvement.<br />
<strong>Royal</strong> <strong>Haskoning</strong> is a knowledge organisation with people at its heart. Equality is the fundamental principle for the good cooperation<br />
and quality we strive for. Extension of employee participation fits into our efforts to increase the involvement of our employees in<br />
the success of our business. We are convinced that a better gender balance will benefit the business.<br />
Caring for the world in which we live, our employees give this the highest priority in their daily work. We are working on an<br />
environmental management system based on ISO:14001 for the whole organisation. This standard covers the entire primary<br />
process, in our case the implementation of projects and the content of advice. <strong>Royal</strong> <strong>Haskoning</strong>’s important objectives for the<br />
environment are less waste and a more efficient use of energy.<br />
Primarily we need profitability for our business to continue. Elsewhere in this <strong>report</strong> we expand on our financial and business<br />
development. Profitability and the necessary working capital are key in improving our economic added value still further.<br />
core values and results<br />
A well-developed sense of responsibility is part of good business. Obviously we have our professional responsibility towards our<br />
clients and business partners. As engineers, designers and consultants we moreover feel the social obligation to develop our working<br />
and living environment to the best of our ability. Our code of conduct is a guideline for our approach to these responsibilities,<br />
which can lead to complex problems and considerations in our work. In our eyes, good teamwork is the most important condition<br />
for technical, business and socially responsible success. This teamwork can be promoted through, consultation, structures and<br />
procedures, but above all through trust. Shared core values indicate what we find important in our conduct and thus create mutual<br />
trust. Our four core values – respect, openness, team spirit and integrity – are the basis for successful and sound project results.<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
61
we are <strong>Royal</strong> <strong>Haskoning</strong><br />
extended profile<br />
mission<br />
We create solutions for problems relating to the sustainable interaction between people and their environment. We focus on<br />
important themes such as mobility, transformation of space, climate change, safety and risk, quality of life in the work environment,<br />
and aesthetics. This commitment to society is a source of inspiration. Our solutions place us at the heart of the community.<br />
We deliver our services in order to earn money. Profit supports the continuity of the company so that we can continue to give<br />
socially responsible advice in the future and to provide our employees with an interesting and challenging work environment and<br />
a good income.<br />
vision<br />
We see our future as continuously increasing the added value of our services for our clients. We share ownership of the issues that<br />
are important to our clients.<br />
Added value for our clients means that we devise solutions for the questions we have been asked and that we also look closely at<br />
the issues behind the questions. We focus on the client’s mission and vision.<br />
Added value for the client includes shorter turnaround times, less risk, lower investment or operating costs, careful decision-making<br />
by offering alternatives, transparency and legitimacy, more safety, no unpleasant surprises and a better operating result.<br />
objective<br />
We aim to be among the leaders in our market and to achieve continuity through good profitability. By being an employer of choice,<br />
we offer our employees more than a work environment.<br />
Being among the top players in our market segment means that we want to be one of the best consulting firms in service, quality<br />
(expertise, experience and value for the client), profitability and market awareness. A company that is not among the market<br />
leaders will be faced by price competition and will have difficulty in maintaining its position in the long term.<br />
<strong>Royal</strong> <strong>Haskoning</strong> also wants to be a top employer in the labour market, a company for whom people like to work. <strong>Royal</strong> <strong>Haskoning</strong><br />
strives to be an ‘employer of choice’. We want to create a work climate that is attractive to both young and experienced consultants.<br />
We want to provide challenging work and give talented individuals opportunities to develop. We want to do this in an inspiring and<br />
safe work environment with competitive employment conditions.<br />
strategy<br />
We will achieve our objective through our strategic ‘Clients First’ programme and by combining and enhancing our specialist<br />
and process management know-how. We are constantly improving our products and services. A structural innovation policy has<br />
to become the driving force of the continuing improvement we are striving for, and so we have built an ongoing analysis of our<br />
strengths and weaknesses, our opportunities and threats into our systems and processes.<br />
Our ‘clients first’ strategic programme remains the central point of departure for realising the growing turnover potential. We will<br />
always ask ourselves whether bringing in knowledge from other business areas or from outside <strong>Royal</strong> <strong>Haskoning</strong> can better satisfy<br />
the demands of the client. Finally we will always be alert to the problems occurring during a contract, warning the client about<br />
them and offering solutions to them. We achieve the highest quality in our services by making those problems our own (problem<br />
ownership).<br />
62
extended profile<br />
We stand out through the combination of consultants, architects and engineers we have, our international experience, our<br />
independence, our employees’ high skill levels and the clustering of knowledge and references from the different divisions. We<br />
have an unrivalled history; in 2006 we celebrated our 125th anniversary. In order to make ourselves even more distinctive we need<br />
to know what clients find important in our services. Needless to say, our clients expect – and receive a high quality product, but the<br />
way in which we provide our services is just as important. Eventually we will as far as possible tailor our services to our individual<br />
clients. Improvement of our product quality is supported in the first place by our quality management system and the procedures<br />
laid down in it. We also want to focus continually on the way in which we communicate with our clients and the way we respond<br />
and react to their problems.<br />
A structural innovation policy has to become the driving force of the continuing improvement we are striving for, and so we have<br />
built an ongoing analysis of our strengths and weaknesses, our opportunities and threats into our systems and processes. On the<br />
basis of this we see four important challenges: we want to innovate structurally supported by the latest IT applications; when<br />
carrying out our projects we must make the switch from products to solutions and from projects to programmes; our office<br />
network must be developed into permanent branches with a higher density; and last but not least we also want to remain an<br />
employer of choice in a labour market that is becoming increasingly tight.<br />
In order to maintain our position at the top of our market segment we have to ensure that our size, composition and geographical<br />
presence enable us to remain of the greatest possible service to our clients. We want to provide a broad, top quality range of<br />
services and to support all our clients worldwide. <strong>Royal</strong> <strong>Haskoning</strong> has designated integrated, multi-disciplinary consultancy work<br />
as a spearhead. Attracting experts, takeovers of and alliances with specialist companies will fill in the gaps in the required range<br />
of services. In the years to come we want to focus on a fourth market sector: Water, Oil & Gas, Healthcare and Public, Private,<br />
Partnership (PPP).<br />
organisation<br />
We use our network of offices, partners and business contacts, to enable us to provide personal, effective and local consultancy<br />
services utilising the full range of experience, knowledge and expertise we have acquired worldwide. We are one company, offering<br />
our clients a total package of services.<br />
<strong>Royal</strong> <strong>Haskoning</strong> is a project-oriented organisation. The management of money, time, quality, safety, organisation and information<br />
are foremost. Exchange of employees and knowledge within the network are promoted as much as possible by harmonising<br />
systems. The new knowledge and capacity acquired through takeovers are embedded in the organisation, but the original company<br />
name will be maintained where the market position and the company’s reputation warrant it.<br />
For our clients our one-company structure means that each contact will give access to our extensive expertise throughout the<br />
<strong>Royal</strong> <strong>Haskoning</strong> organisation. The added value of the collaboration between the divisions comes from account management,<br />
regional management and responding in a coordinated manner to the large investment streams. We want to ensure that<br />
professionals throughout the company can be deployed without the organisational structure playing tricks on us. Ultimately this<br />
results in greater flexibility and speed.<br />
<strong>Royal</strong> <strong>Haskoning</strong> is made up of teams of professionals who give our business a human face. Their individual contacts with our<br />
clients are often decisive in our acquiring new projects, and hence in the success of our enterprise. We want to remain decisive<br />
in stimulating pro-activity among our professionals. They are given the freedom they need to do their jobs well, within an<br />
infrastructure of procedures that are vital in ensuring quality for our clients.<br />
<strong>annual</strong> <strong>report</strong> 2006 >><br />
63
we are <strong>Royal</strong> <strong>Haskoning</strong><br />
extended profile<br />
code of conduct<br />
our responsibilities<br />
We recognise our responsibilities towards our clients, our employees, our partners in business, our shareholders and to society. To<br />
our clients, we aim to add value to their business, by focusing our advice not merely on our clients’ needs but also on our clients’<br />
clients’ needs. To our employees, we aspire to be an employer of choice, by offering interesting and challenging assignments in a<br />
work environment which is good and safe, encourages talent development and offers competitive terms and conditions of service.<br />
With our partners in business – suppliers, (sub)contractors, joint venture partners – we seek mutually beneficial relationships<br />
which are based on the principles as laid down in this code of conduct. To our shareholders, we aim to protect the value of their<br />
investment and provide an acceptable return.<br />
Last but not least, to society we aim to conduct our business as a responsible member of society. And in our advice, we constantly<br />
strive for sustainable solutions for our clients, our clients’ clients and our society. We recognise that these responsibilities are<br />
inseparable. It is therefore our duty that we best assess how to achieve and maintain the right balance between these responsibilities<br />
in executing all of our business activities.<br />
our integrity<br />
We insist on a sincere, honest and fair approach in business – and we expect the same from those who we do business for and with.<br />
As such, we subscribe the Code of Ethics of FIDIC (International Federation of Consulting Engineers).<br />
We observe the laws and regulations of the countries in which our employees and our companies operate. All our business<br />
transactions must be reflected accurately and fairly in our accounts. We avoid conflict between private and company business.<br />
In addition, we avoid conflicts of interest in our consultancy services for our clients, based on our independent position. In doing<br />
business, we do not accept gifts or hospitality of significant value in any form, nor do we offer the same.<br />
our economic principles<br />
We strive for a sound financial performance as a means for continuity. Profitability is a measure for the value that we add for<br />
our clients. We aim to achieve sustainable profitability by attaining and maintaining long-term positions in the top of our core<br />
markets. In striving for profitability, we support and seek free and fair competition and we will not prevent others from competing<br />
freely with us.<br />
upholding our principles<br />
We believe that our code of conduct underpins the values of our business. We therefore consider this code of conduct as an<br />
essential part of our long-term success as a company. And we recognise that we are judged by how we act – not by how we state<br />
we act. We are therefore responsible for ensuring that we all know this code of conduct, recognise the importance of it, respect<br />
and adhere to it.<br />
64
65<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
management council<br />
(sitting from left to right) ir. R.M. Noppeney MBA, H.J.D. Rowe BSc CEng MICE, drs.ing. P. van Putten, mr. C.Th. Smit<br />
(standing from left to right) ir. H.P.M. Hermans, ir. R.O.T. Zijlstra (secretary to the council), ir. F. Sperling, drs.ing. J. Bout,<br />
ir. H.E. Klein Entink, drs. C.L. Lekkerkerker, ir. E. Oostwegel, ir. L. Visser, ir. M. Vink <<br />
66
personalia<br />
Board of Management<br />
drs.ing. J. Bout Chairman<br />
ir. L. Visser<br />
Divisional Directors<br />
Spatial Development<br />
mr. C.Th. Smit<br />
Infrastructure & Transport<br />
drs.ing. P. van Putten<br />
Architecture & Building<br />
ir. H.P.M. Hermans<br />
Building Management<br />
& Consultancy<br />
ir. M. Vink<br />
Corporate Group Directors<br />
Corporate Finance<br />
ir. R.M. Noppeney MBA<br />
(until 1 April 2007)<br />
Personalia<br />
S. Reeskamp RC<br />
(as of 1 April 2007)<br />
Human Resources Management<br />
drs. C.L. Lekkerkerker<br />
Support Group Managers<br />
Facility Management<br />
G.G.C. Smedts<br />
International Affairs<br />
ir. M.M. Vierhout<br />
Knowledge Information<br />
Management<br />
ing. H.J. Smaal<br />
Legal Affairs<br />
mr. B.A.H. van der Voort<br />
Building Services<br />
ir. F. Sperling<br />
Industrial Installations<br />
ir. E. Oostwegel<br />
Environment<br />
ir. H.E. Klein Entink<br />
Water<br />
ir. R.M. Noppeney (as of 1 April 2007)<br />
Coastal & Rivers<br />
H.J.D. Rowe BSc CEng MICE<br />
The Board of Management, Divisional<br />
Directors and Corporate Group Directors<br />
together form the Management<br />
Council of <strong>Royal</strong> <strong>Haskoning</strong>.<br />
Marketing and Business<br />
Information<br />
drs. B. van Emden<br />
Public Relations<br />
drs. M.C.J. Alders-Feuerberg<br />
Quality Management<br />
drs. C.L. Lekkerkerker (a.i.)<br />
Other<br />
Compliance Officer<br />
drs. C.L. Lekkerkerker<br />
Maritime<br />
H.J.D. Rowe BSc CEng MICE<br />
<strong>Royal</strong> <strong>Haskoning</strong> Asia<br />
ir. H.P.M. Hermans<br />
Situation as of 1 April 2007<br />
67<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
operational organisation<br />
clients<br />
spatial development<br />
infrastructure & transport<br />
architecture & building<br />
building management & consultancy<br />
building services<br />
industrial installations<br />
environment<br />
water<br />
coastal & rivers<br />
maritime<br />
royal haskoning asia<br />
Corporate / Support Groups<br />
Board of Management<br />
68
<strong>annual</strong> <strong>report</strong> 2006 >> 69
legal structure<br />
Koninklijke <strong>Haskoning</strong> Groep B.V.<br />
<strong>Haskoning</strong> Advies Beheer B.V.<br />
<strong>Haskoning</strong><br />
Nederland B.V.<br />
<strong>Haskoning</strong><br />
UK Holdings Ltd.<br />
<strong>Haskoning</strong> Belgium<br />
BVBA<br />
<strong>Haskoning</strong><br />
Asia B.V.<br />
<strong>Haskoning</strong><br />
International B.V.<br />
various operating<br />
companies<br />
<strong>Haskoning</strong> UK Ltd.<br />
various operating<br />
companies<br />
various operating<br />
companies<br />
various operating<br />
companies<br />
70
statutory boards of management &<br />
shareholders’ structure<br />
statutory boards of management<br />
shareholders’ structure<br />
Koninklijke <strong>Haskoning</strong> Groep B.V.<br />
Supervisory Board<br />
ir. J.J.M. Veraart Chairman of the Board<br />
drs. P.P.J.J.M. van Besouw<br />
mr. M.T.H. de Gaay Fortman<br />
prof. dr. J.B. Opschoor<br />
mr. K.G. de Vries<br />
Stichting Beheer van Aandelen <strong>Haskoning</strong><br />
Objective<br />
To manage shares in Koninklijke <strong>Haskoning</strong> Groep B.V.<br />
and B.V. Gemeenschappelijk Bezit Aandelen <strong>Haskoning</strong>.<br />
(Depositary receipts have been issued for the shares of the<br />
latter company, in connection with employee participation<br />
in the company’s share capital.)<br />
mr. B.A.H. van der Voort Company Secretary<br />
Board of Management<br />
drs.ing. J. Bout Chairman<br />
ir. L. Visser<br />
<strong>Haskoning</strong> Advies Beheer B.V. Board<br />
drs.ing. J. Bout Chairman<br />
ir. L. Visser<br />
<strong>Haskoning</strong> Nederland B.V. Board<br />
<strong>Haskoning</strong> Advies Beheer B.V.<br />
<strong>Haskoning</strong> UK Holdings Ltd. Board<br />
drs.ing. J. Bout Chairman<br />
ir. H.E. Klein Entink<br />
J.C. Marsden<br />
H.J.D. Rowe BSc CEng MICE<br />
ir. L. Visser<br />
<strong>Haskoning</strong> Belgium BVBA Board<br />
ir. L. Visser Chairman<br />
dr. K. Eggermont<br />
ir. H.E. Klein Entink<br />
ir. R.M. Noppeney MBA<br />
<strong>Haskoning</strong> Asia B.V. Board<br />
drs.ing. J. Bout Chairman<br />
ir. Wisnoentoro Martokoesoemo<br />
ir. R.M. Noppeney MBA<br />
ir. L. Visser<br />
Board members<br />
ir. J.J.M. Veraart Chairman<br />
drs.ing. J. Bout Secretary<br />
ir. T.F. Huber<br />
prof. dr. J.B. Opschoor<br />
ir. W.J. Steutel<br />
ir. W. Zweers<br />
Stichting Pensioenfonds <strong>Haskoning</strong><br />
Objective<br />
To award pension entitlements to employees and to pay<br />
out pensions to pensioners or surviving dependents of<br />
participants, former participants or pensioners.<br />
Board members<br />
mr. M. Brussee A officer, Chairman<br />
L.C. Groothuis B officer<br />
ir. M.S. Inckel B officer<br />
ir. R.M. Noppeney MBA A officer<br />
ir. J.D. Schepers A officer<br />
dr. ir. A.F.M. van Velsen B officer, Secretary<br />
The Board has six members, three of whom are appointed<br />
by the employer (A officers) and three by and from amongst<br />
the participants (B officers).<br />
<strong>Haskoning</strong> International B.V. Board<br />
<strong>Haskoning</strong> Advies Beheer B.V.<br />
Situation as of 1 April 2007<br />
<strong>annual</strong> <strong>report</strong> 2006 >> 71
active group companies & subsidiaries<br />
percentage (1)<br />
<strong>Haskoning</strong> Advies Beheer B.V., Nijmegen 100<br />
<strong>Haskoning</strong> Nederland B.V., Nijmegen 100<br />
<strong>Haskoning</strong> B.V., Nijmegen 100<br />
> V.o.F. Segmeer, Capelle aan den IJssel<br />
De Weger Adviesgroep B.V., Rotterdam 100<br />
> De Weger Architecten- en Ingenieursbureau B.V., Rotterdam 100<br />
< Adviesbureau Noord/Zuidlijn V.o.F., Amsterdam<br />
< Grontmij-De Weger V.o.F., Rotterdam<br />
IWACO B.V. Adviesbureau voor Water en Milieu, Rotterdam 100<br />
> <strong>Haskoning</strong> France SARL, France 100<br />
> BERA S.A.R.L., Burkina Faso 30<br />
> Iwaco Egypt Ltd., Egypt 51.2<br />
Maritime & Transport Business Solutions B.V., Rotterdam 60<br />
B.V. Clementine Partners, Nijmegen 100<br />
> Raadgevend Technies Buro van Heugten B.V., Nijmegen 100<br />
< Van Heugten Energiediensten B.V., Nijmegen 100<br />
< VH Engineering B.V., Capelle aan den IJssel 100<br />
< Consulting Partners N.V., Surinam 20<br />
< Ontwikkeling Maaslandziekenhuis Van Heugten/Huygen I.A. V.o.F.<br />
< Ontwikkeling Atrium Santé Van Heugten/Huygen I.A. VoF, Nijmegen<br />
BM Managers van het bouwproces B.V., Hoofddorp 100<br />
BM Advies B.V., Hoofddorp 100<br />
IM Infra consultancy en management B.V., Hoofddorp 100<br />
Dordtse Engineering B.V., Dordrecht 100<br />
<strong>Haskoning</strong> Romania SRL, Romania 30<br />
VHP Stedebouwkundigen + Architekten + Landschapsarchitekten B.V., Rotterdam 100<br />
V.o.F. Tunnel Engineering Consultants, Veenendaal<br />
<strong>Haskoning</strong>/Obermeyer/Rail Consult V.o.F., Nijmegen<br />
ACCRES V.o.F., Nijmegen<br />
Protected Storage Engineering V.o.F., Nijmegen<br />
Muziekcluster Poeme Enschede V.o.F., Enschede<br />
V.o.F. NUKAB, Rotterdam<br />
<strong>Haskoning</strong> Belgium BVBA, Belgium 100<br />
72
percentage (1)<br />
<strong>Haskoning</strong> UK Holdings Ltd., United Kingdom 100<br />
<strong>Haskoning</strong> UK Ltd., United Kingdom 100<br />
> <strong>Haskoning</strong> Project Services Limited, United Kingdom 100<br />
> Posford (Malaysia) Sdn Bhd, Malaysia 100<br />
> Posford <strong>Haskoning</strong> Environment Gulf (WLL), Bahrain 49<br />
> Au Posford Consultants Ltd., China (Hong Kong) 5<br />
<strong>Haskoning</strong> Asia B.V., Nijmegen 75.2<br />
<strong>Haskoning</strong> Asia Government Sector Consultancy B.V., Nijmegen 100<br />
Chuchawal-De Weger Internationaal Ltd., Thailand 49. 2<br />
> <strong>Haskoning</strong> Asia B.V., Nijmegen 14.1<br />
> Design 103 International Ltd., Thailand 20<br />
Design 103 International Ltd., Thailand 39.97 2<br />
> Interior Architecture 103 Co., Ltd, Thailand 100<br />
> Management 103 Co., Ltd, Thailand 100<br />
> Chuchawal-De Weger Internationaal Ltd., Thailand 1<br />
PT. <strong>Haskoning</strong> Indonesia, Indonesia 99.8<br />
> PT. Triweger, Indonesia 100<br />
<strong>Haskoning</strong> Vietnam Ltd., Vietnam 100<br />
<strong>Haskoning</strong> Philippines Inc., Philippines 100<br />
<strong>Haskoning</strong> Consultants, Architects and Engineers (Tianjin) Co., Ltd., China 100<br />
<strong>Haskoning</strong> (Cambodia) Ltd., Cambodia 100<br />
<strong>Haskoning</strong> International B.V., Nijmegen 100<br />
<strong>Haskoning</strong> International Services B.V., Nijmegen 100<br />
> <strong>Haskoning</strong> Inc., Delaware, United States of America 100<br />
<strong>Haskoning</strong> Ireland Ltd., Ireland 100<br />
<strong>Haskoning</strong> S.A.R.L., Cameroon 100<br />
<strong>Haskoning</strong> Magyarország Tanácsadó Mérnöki Kft, Hungary 100<br />
<strong>Haskoning</strong> Polska Sp.z O.O., Poland 100<br />
<strong>Haskoning</strong> Romania SRL, Romania 70<br />
<strong>Haskoning</strong> India Pvt.Ltd., India 100<br />
<strong>Haskoning</strong> Carribbean Ltd., Trinidad 100<br />
<strong>Haskoning</strong> Engineering Consultants (Nigeria) Ltd., Nigeria 60<br />
C.I.D., Morocco 2.34<br />
<strong>Haskoning</strong> S.A., Gabon 100<br />
O.O.O. <strong>Haskoning</strong> Sakhalin, Russia 10<br />
O.O.O. <strong>Haskoning</strong> Consultants, Architects and Engineers, Russia 100<br />
> O.O.O. <strong>Haskoning</strong> Sakhalin, Russia 90<br />
PT. <strong>Haskoning</strong> Indonesia, Indonesia 0.2<br />
> PT. Triweger, Indonesia 100<br />
(1) percentage held by the directly participating group company<br />
(2) deconsolidated on 31 December 2006 in connection with the ending of control<br />
73<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
addresses<br />
royal haskoning<br />
United Kingdom<br />
Edinburgh<br />
10 Bernard Street, Leith<br />
Edinburgh EH6 6PP<br />
Tel +44 (0) 131 555 0506<br />
E-mail info@edinburgh.royalhaskoning.com<br />
Exeter<br />
1 Alba Court, Elizabeth House<br />
Exeter, Devon EX1 3QS<br />
Tel +44 (0) 1392 447999<br />
E-mail info@exeter.royalhaskoning.com<br />
Haywards Heath<br />
Burns House, Harlands Road<br />
Haywards Heath, West Sussex RH16 1PG<br />
Tel +44 (0) 1444 458551<br />
E-mail info@haywards-heath.<br />
royalhaskoning.com<br />
Liverpool<br />
7th Floor Silkhouse Court, Tithebarn Street,<br />
Liverpool, L2 2LZ<br />
Tel +44 (0)151 515 3101<br />
E mail info@liverpool.royalhaskoning.com<br />
London<br />
4 Dean’s Yard<br />
Westminster, London SW1P 3NL<br />
Tel +44 (0) 20 7222 2115<br />
E mail info@london.royalhaskoning.com<br />
Newcastle<br />
Marlborough House, Marlborough Crescent<br />
Newcastle upon Tyne NE1 4EE<br />
Tel +44 (0) 191 211 1300<br />
E-mail info@newcastle.royalhaskoning.com<br />
Rochdale<br />
Globe House, Moss Bridge Road<br />
Kingsway West, Globe Park<br />
Rochdale OL16 5EB<br />
Tel +44 (0) 1706 714575<br />
E-mail info@rochdale.royalhaskoning.com<br />
The Netherlands<br />
Amsterdam<br />
Tel +31 (0) 20 569 77 00<br />
E-mail info@amsterdam.royalhaskoning.com<br />
Capelle aan den IJssel<br />
RTB Van Heugten<br />
Tel +31 (0)10 264 09 00<br />
E-mail rtbr@van-heugten.nl<br />
Dordrecht<br />
BM Managers van het bouwproces<br />
Tel + 31 (0)78 614 45 90<br />
E-mail bmdordrecht@bmadvies.nl<br />
<strong>Royal</strong> <strong>Haskoning</strong> Dordtse Engineering<br />
Tel +31 (0)78 6522 522<br />
E-mail mailbox@jde.jgc-europe.com<br />
Eindhoven<br />
BM Managers van het bouwproces<br />
Tel +31 (0)40 230 06 27<br />
E-mail bmeindhoven@bmadvies.nl<br />
Enschede<br />
Tel +31 (0) 53 483 01 20<br />
E-mail info@enschede.royalhaskoning.com<br />
Goes<br />
Tel +31 (0) 113 24 60 00<br />
E-mail info@goes.royalhaskoning.com<br />
Peterborough<br />
Rightwell House<br />
Bretton, Peterborough PE3 8DW<br />
Tel +44 (0) 1733 334455<br />
E-mail info@peterborough.royalhaskoning.com<br />
Groningen<br />
Tel +31 (0) 50 521 42 14<br />
E-mail info@groningen.royalhaskoning.com<br />
RTB Van Heugten<br />
Tel +31 (0) 50 527 25 55<br />
E-mail rtbg@van-heugten.nl<br />
74
adressess<br />
royal haskoning<br />
’s-Hertogenbosch<br />
Tel +31 (0) 73 687 41 11<br />
E-mail: info@den-bosch.royalhaskoning.com<br />
Hoofddorp<br />
BM Managers van het bouwproces<br />
Tel +31 (0)23 561 29 71<br />
E-mail bm@bmadvies.nl<br />
Maastricht<br />
Tel +31 (0) 43 356 62 00<br />
E-mail info@maastricht.royalhaskoning.com<br />
Nijmegen<br />
Tel +31 (0) 24 328 42 84<br />
E-mail info@nijmegen.royalhaskoning.com<br />
RTB Van Heugten<br />
Tel +31 (0)24 366 76 67<br />
E-mail rtb@van-heugten.nl<br />
Oirschot<br />
VH Engineering<br />
Tel +31 (0)499 32 00 70<br />
E-mail info@vh-engineering.nl<br />
Rotterdam<br />
Tel +31 (0) 10 286 54 32<br />
E-mail info@rotterdam.royalhaskoning.com<br />
Tel +31 (0) 10 443 36 66<br />
E-mail info@rotterdam.royalhaskoning.com<br />
VHP stedebouwkundigen + architekten +<br />
landschapsarchitekten<br />
Tel +31 (0)10 452 07 44<br />
E-mail vhp@vhp.nl<br />
Steenwijk<br />
Tel +31 (0) 521 53 46 00<br />
E-mail info@steenwijk.royalhaskoning.com<br />
Veendam<br />
Bureau Wieringa<br />
Tel +31 (0) 598 616600<br />
E-mail info@bureauwieringa.nl<br />
Zwolle<br />
BM Managers van het bouwproces<br />
Tel +31 (0)38 423 98 18<br />
E-mail bmzwolle@bmadvies.nl<br />
Rest of Europe<br />
Belgium<br />
<strong>Haskoning</strong> Belgium<br />
Mechelen<br />
Tel +32 (0) 15 405656<br />
E-mail info@haskoning.be<br />
Namur<br />
Tel +32 (0) 81 408656<br />
E-mail info@haskoning.be<br />
France<br />
<strong>Haskoning</strong> France, Villeneuve d’Ascq<br />
Tel +33 (0) 3 20 19 02 40<br />
E-mail info@lille.royalhaskoning.com<br />
<strong>Haskoning</strong> France, Orange<br />
Tel +33 (0)4 90512205<br />
E-mail orange@royalhaskoning.com<br />
Hungary<br />
<strong>Haskoning</strong> Magyarország Tanácsadó,<br />
Budapest<br />
Tel +33 (0) 3 20 19 02 240<br />
Ireland<br />
<strong>Haskoning</strong> UK Ltd., Dublin<br />
Tel +353 16 34 53 53<br />
E-mail info@dublin.royalhaskoning.com<br />
Poland<br />
<strong>Haskoning</strong> Polska, Katowice<br />
Tel +48 32 25 37 496 / 20 69 591<br />
Romania<br />
<strong>Haskoning</strong> Romania SRL, Boekarest<br />
Tel +40 72 437 57 35<br />
E-mail j.schaapman@royalhaskoning.ro<br />
Russian Federation<br />
<strong>Haskoning</strong> Consultants, Architects and<br />
Engineers, Moscow<br />
Tel +7 495 935 76 24<br />
E-mail info@moscow.royalhaskoning.com<br />
<strong>Haskoning</strong> Sakhalin, Sakhalin<br />
Tel +7 4 242 721 052<br />
E-mail haskoning-sakhalin@svtc.ru<br />
75<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
addresses<br />
royal haskoning<br />
Asia<br />
Bangladesh<br />
<strong>Haskoning</strong>, Dacca<br />
Tel +880 2 88 11 049<br />
E-mail haskoban@bangla.net<br />
Cambodia<br />
<strong>Haskoning</strong> (Cambodia), Phnom Penh<br />
Tel +855 12 83 79 92<br />
E-mail cdw_cambodia@everyday.com.kh<br />
China<br />
Representative office<br />
<strong>Royal</strong> <strong>Haskoning</strong>, Beijing<br />
Tel +86 13911112563<br />
E-mail f.dirks@royalhaskoning.com<br />
Au Posford Consultants Ltd. China,<br />
Hong Kong<br />
Tel +852 2560 8811<br />
E-mail apcl@hk.super.net<br />
<strong>Haskoning</strong> China, Shanghai<br />
Tel +86 21 54250543/643<br />
E-mail a.geelhoed@royalhaskoning.com<br />
<strong>Haskoning</strong> Consultants, Architects and<br />
Engineers, Tianjin<br />
Tel +86 13911112563<br />
E-mail f.dirks@royalhaskoning.com<br />
Philippines<br />
<strong>Haskoning</strong> Philippines, Manilla<br />
Tel/Fax +63 2 85 05 434<br />
E-mail rhph@info.com.ph<br />
India<br />
<strong>Haskoning</strong> India, New Delhi<br />
Tel +91 120 4260160 / 4260161<br />
Fax +91 120 4260165<br />
E-mail mail@haskoningindia.com<br />
admin@haskoningindia.com<br />
Indonesia<br />
<strong>Haskoning</strong> / P.T. Triweger International<br />
/ P.T. IWIN, Jakarta<br />
Tel +62 21 7207338 / 7254756 / 7394500<br />
E-mail haskojkt@indo.net.id<br />
triweger@rad.net.id<br />
iwin@cbn.net.id<br />
Malaysia<br />
Posford (Malaysia), Kuala Lumpur<br />
Tel +60 3 62 01 23 90 / 1<br />
E-mail posfordm@tm.net.my<br />
Thailand<br />
<strong>Royal</strong> <strong>Haskoning</strong> Asia<br />
Chuchawal-De Weger Internationaal,<br />
Design 103 International, Bangkok<br />
Tel +66 2 2591186 – 89 / 22602507 – 8<br />
E-mail cdw@cdw-asia.com<br />
www.cdw-asia.com<br />
Vietnam<br />
<strong>Haskoning</strong> Vietnam, Ho Chi Minh City<br />
Tel +84 8 8208890<br />
E-mail cdwvn@hcm.vnn.vn<br />
76
adressess<br />
royal haskoning<br />
Africa<br />
Burkina Faso<br />
BERA, Ouagadougou<br />
Tel +226 36 38 28 / 29<br />
E-mail bera@cenatrin.bf<br />
Benin<br />
Agence de representation, Cotonou<br />
Tel +229 94 48 33 / 91 23 72<br />
Egypt<br />
IWACO Egypt, Cairo<br />
Tel +20 2 74 94 314 / 76 05 621<br />
E-mail iwacoegy@soficom.com.eg<br />
Gabon<br />
<strong>Royal</strong> <strong>Haskoning</strong> Representative<br />
Office, Accra<br />
Tel +24107406880<br />
E-mail remcovogel@gmail.com<br />
Ghana<br />
<strong>Royal</strong> <strong>Haskoning</strong> Representative<br />
Office, Accra<br />
Tel +233 (0)21 7012587<br />
E-mail rudy@haskoningghana.com<br />
Nigeria<br />
<strong>Haskoning</strong> Engineering Contractors<br />
(Nigeria), Abuja<br />
Tel/Fax +234 9 67 02 963<br />
Mobile +234 80 331 203 77<br />
E-mail hkabuja@yahoo.com<br />
<strong>Haskoning</strong> Engineering Consultants<br />
(Nigeria), Lagos<br />
Tel +234 (1) 4979330<br />
<strong>Haskoning</strong> Engineering Consultants<br />
(Nigeria), Port Harcourt<br />
Tel +234 (84) 233898<br />
Mobile + 234 (0) 80 334 26141<br />
Fax + 234 (0) 84 233 86 44<br />
Other Countries<br />
Bahrain<br />
Posford <strong>Haskoning</strong> Environment Gulf,<br />
Manama<br />
Tel +973 53 32 59<br />
E-mail phegulf@batelco.com.bh<br />
Qatar<br />
<strong>Royal</strong> <strong>Haskoning</strong> Qatar, Doha<br />
Tel +974 42 71 831<br />
E-mail info@royalhaskoning.com<br />
Trinidad & Tobago<br />
<strong>Haskoning</strong> Caribbean, Port of Spain<br />
Tel +1 868 62 09 737<br />
E-mail nedeco1@carib-link.net<br />
United Arab Emirates<br />
<strong>Royal</strong> <strong>Haskoning</strong>, Dubai<br />
Tel +971 4 887 1513<br />
E-mail haskonin@eim.ae<br />
United States of America<br />
<strong>Haskoning</strong> Inc., New Orleans<br />
Tel +1 504 274 8324<br />
E-mail m.vanledden@royalhaskoning.com<br />
Cameroon<br />
<strong>Haskoning</strong>, Douala<br />
Tel +237 42 32 85<br />
Libya<br />
<strong>Royal</strong> <strong>Haskoning</strong> Representative<br />
Office, Tripoli<br />
Tel +31 6 22 60 25 48<br />
E-mail r.stive@royalhaskoning.com<br />
77<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
websites<br />
royal haskoning<br />
websites of royal haskoning<br />
BM Advies<br />
Design 103<br />
<strong>Haskoning</strong> Asia Government Sector Consultancy<br />
Maritime website<br />
<strong>Royal</strong> <strong>Haskoning</strong> Architects<br />
<strong>Royal</strong> <strong>Haskoning</strong> Asia<br />
<strong>Royal</strong> <strong>Haskoning</strong> in Ireland<br />
<strong>Royal</strong> <strong>Haskoning</strong> Dordtse Engineering<br />
<strong>Royal</strong> <strong>Haskoning</strong> in India<br />
<strong>Royal</strong> <strong>Haskoning</strong> in Russia<br />
<strong>Royal</strong> <strong>Haskoning</strong> in Vietnam<br />
RTB Van Heugten<br />
Van Heugten Engineering<br />
VHP<br />
www.bmadvies.nl<br />
www.d103group.com<br />
www.royalhaskoning-hagsc.com<br />
www.maritime.ws<br />
www.royalhaskoningarchitecten.com<br />
www.cdw-asia.com<br />
www.royalhaskoning.ie<br />
www.jgc.nl<br />
www.haskoningindia.com<br />
www.royalhaskoning.ru<br />
www.rhvietnam.com<br />
www.van-heugten.nl<br />
www.vh-engineering.nl<br />
www.vhp.nl<br />
royal haskoning services and products<br />
AMDC (Health, Safety and Environment Documentation Centre) www.amdc.nl<br />
Asbestos in Soil and Rubble<br />
www.asbestnormen.nl<br />
CMT Support<br />
www.reachcmt.com<br />
DIAF (Digital Environment Permit Application Form)<br />
www.diaf.nl<br />
EaSI-View<br />
www.easidatabase.nl<br />
Ecological Engineering<br />
www.ecological-engineering.nl<br />
Environmental Policy and Management<br />
www.beleidbeheermilieu.nl<br />
HSE : Chemical Management<br />
www.hsechemical.com<br />
Landfill page<br />
www.stortpagina.nl<br />
<strong>Royal</strong> <strong>Haskoning</strong> Infrastructure and Buildings<br />
www.royalhaskoning-ib.com<br />
Selecting and Compiling Environmental Buildings<br />
www.ssm-vergunningen.nl<br />
Shipping and Environment<br />
www.shippingandenvironment.com<br />
Soil Protection<br />
www.bodembescherming.com<br />
Soil Protection Decree<br />
http://bsb.iwaco.nl<br />
Subsidy Scheme for Dredging Projects in Built-up Areas<br />
www.subbied.nl<br />
Triwaco<br />
www.triwaco.com/nl<br />
78
79<br />
<strong>annual</strong> <strong>report</strong> 2006 >>
production<br />
<strong>Royal</strong> <strong>Haskoning</strong>, Public Relations<br />
texts<br />
<strong>Royal</strong> <strong>Haskoning</strong><br />
The Freelance Connection, Lochem<br />
basic design<br />
PPGH/JWT – Colors, Amsterdam<br />
design and electronic artwork<br />
Charles Whalley Advertising Ltd, Peterborough (UK)<br />
photographs<br />
<strong>Royal</strong> <strong>Haskoning</strong><br />
Lieske Meima Fotografie, Doorwerth (cover picture and page filling pictures)<br />
Fotografie Bart Nijs (portret pictures)<br />
Neil Ray Photography (second project picture page 43)<br />
Nuttall John Martin (second project picture page 41)<br />
print and lithography<br />
Verenigde Offset-bedrijven B.V., Hardenberg<br />
This <strong>annual</strong> <strong>report</strong> is printed on environmentally friendly, chlorine-free bleached paper.<br />
This <strong>annual</strong> <strong>report</strong> is also available in Dutch.<br />
<strong>Royal</strong> <strong>Haskoning</strong> also produced a 2006 human resources <strong>annual</strong> <strong>report</strong>. If you would like to receive a copy please send an<br />
email with your personal data to info@royalhaskoning.com.<br />
© <strong>Royal</strong> <strong>Haskoning</strong><br />
80
engineers >> consultants >> architects >> engineers >> consultants >> architects >> engineers >> consultants >>
<strong>Royal</strong> <strong>Haskoning</strong><br />
Barbarossastraat 35<br />
P.O. Box 151<br />
6500 AD Nijmegen<br />
The Netherlands<br />
+31 (0)24 328 42 84 telephone<br />
+31 (0)24 323 93 46 fax<br />
info@royalhaskoning.com e-mail<br />
www.royalhaskoning.com internet