2007 - April

2.0
Notes to the consolidated financial statements at December 31 st 2007
3.3. Non-consolidated subsidiaries
In accordance with the accounting methods and principles
applied, the following equity interests have not been
consolidated on account of their small size. Their
consolidation would not have any impact on the consolidated
financial statements.
The majority of Group company cash is invested in the APRIL
TRESORERIE mutual fund (ISIN: FR0010046789). Only APRIL
GROUP companies hold units in APRIL TRESORERIE.
This fund does not contain any debt and is invested
exclusively in non-dedicated UCITS, without ever holding a
significant percentage or influencing their management.
As such, APRIL TRESORERIE is consolidated on a fair value
basis in the consolidated financial statements.
COMPANY (DATE OF FINANCIAL
STATEMENTS)
REGISTERED OFFICE
Capital
Shareholders’
equity
loans and advances
Share
in dividends
Gross value
of securities
net value
of securities
Revenues
operating income
net income
EQUITY INTEREST (10% to 50%) (1) ‘000€ (1)
AITIC (30/06/06) 38 20% 8 1,030
59 rue Baraban, 69003 LYON 686 8 340
234
PROVENCALE DE PATRIMOINE (2) 49 20% 10 129
Le Pujol III, 13390 AURIOL 4 0 -34
-45
SOGERIS (31/12/06) 38 19.52% 7 310
Route Nationale 8, 13420 GEMENOS 81 7 46
124
OPTIMEX (31/12/06) 436