2005 Financial Report - Capgemini

10 RAPPORT
THE GROUP
Capgemini
IV – GEOGRAPHIC ORGANIZATION AND MAIN GROUP SUBSIDIARIES
The Group is established in some thirty countries, with a
strong presence in the United Kingdom (accounting for 25%
of revenues in 2005), in France (the Group's historical
market, generating 24% of 2005 revenues), North America
(20%), and Benelux (14%). These areas together account
for 80% of overall revenues.
The Group performs its business activities through 108
35
30
25
20
15
10
5
0
22 %
North America
20 %
20 %
UK/Ireland
25 %
In addition to these operating subsidiaries, Cap Gemini S.A. also
holds 100% of the capital of three other entities:
• two non-trading real estate companies, one of which owns the
premises of the registered offices in the Place de l’Etoile in
Paris, and the other, the office buildings located in Grenoble;
• a limited liability company providing the premises, via a real
estate leasing contract, for the Group's new University, an
international training center located in Gouvieux, 40 km (25
miles) north of Paris, which opened at the beginning of 2003.
With regard to the Sogeti-Transiciel subsidiary, as of April
7, 2005, and in agreement with the management of the Capgemini
Group, Transiciel's founder, Georges Cohen, is no
longer serving as head of Sogeti-Transiciel. He has been
ANNUEL 2005 Capgemini
6 %
6 %
Nordic countries
14 %
Benelux
14 %
consolidated subsidiaries as listed in note 30 (“List of
consolidated companies by country”) to the consolidated
financial statements at December 31, 2005. These
subsidiaries are located in eight geographic areas,
whose relative contributions to Group consolidated revenues
in 2004 and 2005 are illustrated in the diagram set
out below.
8 %
Central Europe
6 %
24 %
France
24 %
5 %
4 %
Southern Europe
1 %
2004
2005
1 %
replaced by Luc-François Salvador. This departure took place
following the successful integration period of the two companies.
All commitments undertaken at the time of the acquisition,
including those related to the second stock-offering
option, remain unchanged.
The parent company, Cap Gemini S.A., defines the strategic
objectives for the Group via its Board of Directors, and ensures
their implementation. In its role as a shareholder, Cap Gemini
S.A. contributes, in particular, to the financing of its subsidiaries,
either in the form of equity or loans, or by providing
security and guarantees. Finally, it allows its subsidiaries
to use the trademarks and methodologies that it owns,
notably “Deliver”, and receives royalties in this respect.
Asia Pacific