Annual report 2006 - Dexia.com

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DEXIA IN THE WORLD RAPPORT DE GESTION COMPTES CONSOLIDÉS COMPTES SOCIAUX INFORMATIONS COMPLÉMENTAIRES Adinfo Boulevard Pachéco 44 B-1000 Brussels Phone: + 32 2 222 81 74 Fax: + 32 2 222 24 37 www.adinfo.be AMCC 1180 NW Maple Street Suite 202 Issaquah, WA 98027 USA Phone: + 1 425 313 46 00 Fax: + 1 425 313 10 05 www.artesiamortgage.com Astris Finance, LLC 1001 Connecticut Avenue NW Suite 905 Washington, DC 20006 USA Phone: + 1 202 223 97 01 Fax: + 1 202 223 43 50 www.astrisfinance.com Ausbil Dexia Veritas House – Level 23 207 Kent Street Sydney NSW 2000 Australia Phone: + 61 2 925 90 200 Fax: + 61 2 925 90 222 www.ausbil.com.au Corona Avenue de la Métrologie 2 B-1130 Brussels Phone: + 32 2 244 22 11 Fax: + 32 2 216 15 15 www.corona.be DenizBank Büyükdere Cad. No: 106 34394 Esentepe/Istanbul Turkey Phone: + 90 212 355 08 00 Fax: + 90 212 274 79 93 www.denizbank.com DenizBank (Austria) Karntner Ring 12 A-1010 Wien Phone: + 43 1 503 93 960 Fax: + 43 1 503 93 96 133 www.denizbank.at DenizBank Moscow 2nd Zvenigorodskaya Str. H.13, Building 42 FI. 6 123022 Moscow Russia Phone: + 7 495 725 10 20 Fax: + 7 495 725 10 25 www.denizbank.ru Dexia Asset Management Alternative Dublin Ltd George’s Quay House 43 Townsend Street IRL-Dublin 2 Phone: + 353 1 613 11 20 Dexia Asset Management Belgium Rue Royale 180 B-1000 Brussels Phone: + 32 2 222 52 42 Fax: + 32 2 222 07 07 www.dexia-am.com Dexia Asset Management France Washington Plaza 40, rue Washington F-75408 Paris Cedex 08 Phone: + 33 1 53 93 40 00 Fax: + 33 1 45 63 31 04 www.dexia-am.com Dexia Asset Management Luxembourg 283, route d’Arlon L-1150 Luxembourg Phone: + 352 254 34 31 Fax: + 352 254 34 34 940 www.dexia-am.com Dexia Asset Management Switzerland Geneva Branch 2, rue de Jargonnant CH-1207 Genève Phone: + 41 22 707 90 00 Fax: + 41 22 707 90 99 www.dexia-am.com Dexia Asset Management Spain Madrid Branc Calle Ortega y Gasset, 26 E-28006 Madrid Phone: + 34 91 360 94 75 Fax: + 34 91 360 98 99 www.dexia-am.com Dexia Asset Management Italy Milano Branch Corso Italia 1 I-20122 Milano Phone: + 39 02 31 82 83 60 Fax: + 39 02 31 82 83 84 www.dexia-am.com Dexia Asset Management Sweden/Norway/Finland Stockholm Branch Engelbrektsplan 2 PO Box 7573 SE-103 93 Stockholm Phone: + 46 8 407 57 80 Fax: + 46 8 407 57 01 www.dexia-am.com Dexia Asset Management The Netherlands Rotterdam Branch Lichtenauerlaan 102-120 NL-3062 ME Rotterdam Phone: + 31 10 204 56 51 Fax: + 31 10 204 58 79 www.dexia-am.com Dexia Asset Management Australia Ausbil Dexia Ltd Veritas House – Level 23 207 Kent Street Sydney NSW 2000 Australia Phone: + 61 2 9259 0200 www.ausbil.com.au 242 | Dexia / Annual Report 2006
Dexia Asset Management Denmark / Dexia AM c/o Dexia Bank Denmark A/S Grønningen 17 DK-1270 København K Phone: + 45 33 46 11 00 Dexia Asset Management Bahrain Middle East Representative Office Almoayyed Tower, 21st floor Seef District – PO Box 18259 Kingdom of Bahrain Phone: + 973 17 566 727 Dexia Asset Management Germany Dexia Asset Management Lux SA Zweigniederlassung Deutschland An der Welle 4 D-60422 Frankfurt Phone: + 49 69 7593 8823 Dexia Bail 1, passerelle des Reflets Tour Dexia – La Défense 2 TSA 92202 F-92919 La Défense Cedex Phone: + 33 1 58 58 68 08 Dexia Bank Belgium Dublin Branch 6 George’s Dock IRL-IFSC Dublin 1 Phone: + 353 16 45 50 31 Fax: + 353 18 29 15 77 Dexia Bank Belgium London Branch Shackleton House, Hay’s Galleria 4 Battle Bridge Lane UK-London SE1 2GZ Phone: + 44 20 7556 3060 Fax: + 44 20 7556 2560 Dexia Bank Denmark A/S Grønningen 17 DK-1270 København K Phone: + 45 33 46 11 00 Fax: + 45 33 32 42 01 www.dexia-bank.dk Dexia Bank Nederland Piet Heinkade 55 Postbus 808 NL-1000 AV Amsterdam Phone: + 31 20 348 50 00 Fax: + 31 20 348 55 55 www.dexiabank.nl Dexia banka Slovensko Hodzova 11 01011, Zilina Slovaquie Phone: + 421 41 51 11 101, 102 Fax: + 421 41 56 21 129 www.dexia.sk Dexia Bank Belgium Boulevard Pachéco 44 B-1000 Brussels Phone: + 32 2 222 11 11 Fax: + 32 2 222 40 32 www.dexia.be www.axionweb.be Dexia Banque Internationale à Luxembourg 69, route d’Esch L-2953 Luxembourg Phone: + 352 4590 1 Fax: + 352 4590 2010 www.dexia-bil.lu Dexia Banque Privée Suisse Beethovenstraße, 48 Postfach 2192 CH-8022 Zürich Phone: + 41 58 810 82 92 Fax: + 41 58 810 82 71 www.dexia-pb.ch Dexia BIL Singapore Branch 1 Finlayson Green # 18-01 Singapore 049246 Phone: + 65 6 222 76 22 Fax: + 65 6 536 02 01 www.dexia-bil.lu Dexia CLF Banque 1, passerelle des Reflets Tour Dexia – La Défense 2 TSA 72200 F-92919 La Défense Cedex Phone: + 33 1 44 37 45 02 Fax: + 33 1 44 37 45 07 Dexia CLF Régions Bail 1, passerelle des Reflets Tour Dexia – La Défense 2 TSA 72200 F-92919 La Défense Cedex Phone: + 33 1 58 58 68 08 Dexia Crediop Via Venti Settembre, 30 I-00187 Roma Phone: + 39 06 47 71 1 Fax: + 39 06 47 71 59 52 www.dexia-crediop.it Dexia Crédit Local 1, passerelle des Reflets Tour Dexia – La Défense 2 TSA 72200 F-92919 La Défense Cedex Phone: + 33 1 58 58 77 77 Fax: + 33 1 58 58 70 00 www.dexia-creditlocal.fr Dexia Crédit Local Dublin Branch 6 George’s Dock IRL-IFSC Dublin 1 Phone: + 353 1 670 27 00 Fax: + 353 1 670 27 05 Dexia Crédit Local Tokyo Branch Meiji Seimei Kan 5F 1-1 Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-0005 Japan Phone: + 81 3 6268 4180 Fax: + 81 3 6268 4185 Dexia Crédit Local New York Branch 445 Park Avenue New York, NY 10022 USA Phone: + 1 212 515 70 00 Fax: + 1 212 753 55 22 www.dexia-americas.com Dexia Crédit Local Asia Pacific Pty Ltd Veritas House – Level 23 207, Kent Street Sydney NSW 2000 Australia Phone: + 61 2 925 13 961 Fax: + 61 2 925 90 222 RAPPORT DE GESTION COMPTES CONSOLIDÉS COMPTES SOCIAUX INFORMATIONS COMPLÉMENTAIRES Dexia / Annual Report 2006 | 243
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no achievement without commitment
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FINANCIAL HIGHLIGHTS 4 MESSAGE FROM
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FINANCIAL HIGHLIGHTS FINANCIAL HIGH
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MESSAGE FROM THE CHAIRMEN MESSAGE F
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MESSAGE FROM THE CHAIRMEN MESSAGE F
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GROUP PRESENTATION GROUP PRESENTATI
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GROUP PRESENTATION HISTORY OF THE G
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GROUP PRESENTATION MANAGEMENT REPOR
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GROUP PRESENTATION MANAGEMENT REPOR
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GROUP PRESENTATION GROUP ORGANIZATI
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GROUP PRESENTATION Group Executive
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GROUP PRESENTATION MAIN ACTIVITIES
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GROUP PRESENTATION December Opening
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CORPORATE GOVERNANCE Dexia’s comp
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CORPORATE GOVERNANCE MANAGEMENT REP
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CORPORATE GOVERNANCE NAME SPECIALIZ
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CORPORATE GOVERNANCE NAME SPECIALIZ
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CORPORATE GOVERNANCE DIRECTORS’ A
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CORPORATE GOVERNANCE THE MANAGEMEN
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CORPORATE GOVERNANCE The maximum am
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THE DEXIA SHARE MANAGEMENT REPORT C
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THE DEXIA SHARE MAIN SHAREHOLDERS O
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HUMAN RESOURCES HUMAN RESOURCES Dex
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HUMAN RESOURCES MANAGEMENT REPORT C
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HUMAN RESOURCES INITIATING AND CAS
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SUSTAINABLE DEVELOPMENT SUSTAINABLE
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RISK MANAGEMENT MANAGEMENT REPORT C
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FINANCIAL RESULTS MANAGEMENT REPORT
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FINANCIAL RESULTS to business devel
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FINANCIAL RESULTS ANALYSIS OF THE
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PUBLIC/PROJECT FINANCE MANAGEMENT R
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PUBLIC/PROJECT FINANCE WORLD LEADE
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PERSONAL FINANCIAL SERVICES MANAGEM
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ASSET MANAGEMENT MANAGEMENT REPORT
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INSURANCE SERVICES INSURANCE SERVIC
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INSURANCE SERVICES MANAGEMENT REPOR
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INVESTOR SERVICES MANAGEMENT REPORT
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TREASURY AND FINANCIAL MARKETS MANA
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GENERAL INFORMATION MANAGEMENT REPO
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CONSOLIDATED BALANCE SHEET 112 CONS
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CONSOLIDATED BALANCE SHEET ASSETS (
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CONSOLIDATED STATEMENT OF INCOME (i
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MINORITY INTERESTS Core Gains and l
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CONSOLIDATED CASH FLOW STATEMENT (i
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RAPPORT DE GESTION CONSOLIDATED FIN
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4.1.3. Currency risk 4.2. CREDIT RI
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Name Head Office % of Consolidation
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GEOGRAPHIC Eurozone (1) Rest of USA
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PORTFOLIO Number Loan Collateral Ex
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7. NOTES ON THE ASSETS OF THE CONSO
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B. Analysis of quality See note 7.1
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C. Treasury bills and other eligibl
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7.8. SECURITIES HELD TO MATURITY De
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7.10. TANGIBLE FIXED ASSETS A. Net
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7.11. INTANGIBLE ASSETS AND GOODWIL
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A. Other assets Analysis by nature
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Present value of finance lease liab
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8. NOTES ON THE LIABILITIES OF THE
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B. Analysis by maturity and interes
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Convertible non-subordinated debt D
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D. Provisions for pensions and othe
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H. Range of assumptions to determin
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9. OTHER NOTES ON THE CONSOLIDATED
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Deferred tax coming from assets of
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2. Change in profit sharing reserve
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B. Nonlife contracts B.1. Income an
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9.4. RELATED PARTIES TRANSACTIONS A
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The assets and liabilities disposed
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9.8. SHARE-BASED PAYMENTS STOCK OPT
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9.9. MINORITY INTERESTS - CORE EQUI
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Dec. 31, 2005 Dec. 31, 2006 Banking
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Page 196 and 197: 11.3. NET INCOME FROM ASSOCIATES De
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Page 200 and 201: (AVERAGE FTE) France Belgium Luxemb
Page 202 and 203: 11.14. IMPAIRMENT ON GOODWILL Nil.
Page 204 and 205: 12. NOTES ON RISK EXPOSURE (IN MILL
Page 206 and 207: 12.2. CREDIT RISKS EXPOSURE A. Anal
Page 208 and 209: 12.3. INTEREST RATE REPRICING RISK:
Page 210 and 211: RAPPORT DE GESTION CONSOLIDATED FIN
Page 212 and 213: 12.6. LIQUIDITY RISK: BREAKDOWN BY
Page 214 and 215: 12.7. CURRENCY RISK As of Dec. 31,
Page 216 and 217: BALANCE SHEET 216 OFF-BALANCE SHEET
Page 218 and 219: BALANCE SHEET (before income approp
Page 220 and 221: STATEMENT OF INCOME (in thousands o
Page 222 and 223: 3.2.5. Amounts receivable after mor
Page 224 and 225: 4.2.6. Amounts receivable within on
Page 226 and 227: RAPPORT DE GESTION COMPTES CONSOLID
Page 230 and 231: 4.6. STATEMENT OF FORMATION EXPENSE
Page 232 and 233: 4.10. SHARE IN THE CAPITAL AND OTHE
Page 234 and 235: D. Commitments to issue shares Amou
Page 236 and 237: 4.19. OTHER TAXES AND TAXES BORNE B
Page 238 and 239: 6. SOCIAL REPORT 6.1. STATEMENT OF
Page 240 and 241: 6.3. STATEMENT CONCERNING THE IMPLE
Page 242 and 243: • there have been no transactions
Page 248 and 249: RAPPORT DE GESTION Kommunalkredit D
Page 250 and 251: Dexia’s Annual Report 2006 has be
Page 252: SDXI 0109-5 03-07
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Annual report 2006 - Dexia.com

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