CONTENTS - Capgemini

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10 ANNUAL THE GROUP Capgemini V – GEOGRAPHIC ORGANIZATION AND MAIN GROUP SUBSIDIARIES The Group is established in some thirty countries, with a strong presence in the United Kingdom (accounting for 28% of revenues in 2006), in France (the Group’s historical market, generating 23% of revenues in 2006), North America (17%), and Benelux (14%). These areas together account for 80% of overall revenues. 35 30 25 20 15 10 5 0 22% North America 20% 17% 20% United Kingdom and Ireland 25% 28% REPORT 2006 Capgemini 6% 6% Nordic Countries 6% 14% 14% In addition to these operating subsidiaries, Cap Gemini S.A. also holds 100% of the capital of four 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 University, an international training center located in Gouvieux, 40 km (25 miles) north of Paris, which opened at the beginning of 2003; an intragroup service company named Capgemini Service S.A.S. Benelux 14% The Group performs its business activities through 109 consolidated subsidiaries as listed in Note 29 (“List of consolidated companies by country”) to the consolidated financial statements at December 31, 2006. These subsidiaries are located in eight geographic areas, whose relative contributions to Group consolidated revenues in 2004, 2005 and 2006 are illustrated in the diagram set out below. 8% 6% 7% Germany and Central Europe 24% 24% France 23% 5% 4% Southern Europe 4% 1% Asia-Pacific 1% 2004 2005 2006 1% 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.
Simplified organization chart for the Group The Group is composed of five main operating units (Strategic Business Units, or SBUs) : 3 geographical units : North America, Western Europe, Continental Europe & Asia-Pacific. 2 units for specific disciplines : firstly, the Outsourcing SBU and secondly, the Local Professional Services unit. SBU North America SBU Western Europe SBU Continental Europe & Asia-Pacific Cap Gemini S.A. 100% 100% 100% 51% Capgemini North America Inc. CGS Holdings Ltd. (UK) Capgemini France S.A.S Capgemini Telecom & Media S.A.S Capgemini Espana S.L. Capgemini Portugal S.p.A. Capgemini N.V. Capgemini AB (Sweden) Capgemini Deutschland Holding GmbH Capgemini Suisse S.A. Capgemini Consulting Osterreich AG Capgemini Polska Sp z.o.o. Capgemini Italia S.p.A. Capgemini Asia Pacific Ltd. Capgemini Australia Pty Ltd. Capgemini Consulting India Pvt Ltd. Unilever Share Services Limited United States Canada Mexico United Kingdom Ireland Netherlands Belgium Luxembourg Sweden Denmark Norway Finland China Malaysia Singapore SBU Outsourcing (operating divisions) United States Canada United Kingdom France Netherlands Belgium Germany Switzerland Poland China Australia India India SBU Local Professionnal Services (operating subsidiaries) Sogeti United States United Kingdom Ireland France Spain Netherlands Belgium Luxembourg Sweden Denmark Germany Switzerland India ANNUAL REPORT 2006 Capgemini 11
Page 1 and 2: CONTENTS 02 Financial highlights 03
Page 3 and 4: THE CAPGEMINI GROUP I - COMPANY HIS
Page 5 and 6: Prospects for 2007. Demand should r
Page 7 and 8: is beginning to produce a European
Page 9: Professional IT Services Market Sha
Page 13 and 14: ut also on local issues, in partner
Page 15 and 16: the investment slowdown led to down
Page 17 and 18: BREAKDOWN OF WORKFORCE BY AGE: EVOL
Page 19 and 20: in 2005. Overall satisfaction with
Page 21 and 22: same content management platform an
Page 23 and 24: committed to delivering a truly col
Page 25 and 26: urgent health crises, which an empl
Page 27 and 28: 7.5 The group and the environment E
Page 29 and 30: principles into its offers and to r
Page 31 and 32: this trend is set to increase in th
Page 33 and 34: Economic conditions The Group’s g
Page 35 and 36: STOCK MARKET CAPITALIZATION From Ja
Page 37 and 38: MANAGEMENT REPORT PRESENTED BY THE
Page 39 and 40: 1.5 Profitability Operating margin
Page 41 and 42: €193 million in actuarial gains r
Page 43 and 44: paragraph 3 of article 158 of the F
Page 45 and 46: As is the case for all the Group’
Page 47 and 48: VI - FINANCING POLICY AND MARKET RI
Page 49 and 50: of the countries in which beneficia
Page 51 and 52: under French corporate governance g
Page 53 and 54: is based on the percentage of attai
Page 55 and 56: internal control procedures cannot
Page 57 and 58: specific issues relating to the fol
Page 59 and 60: Management and, above all, the Chai
Page 61 and 62:
GROUP CONSOLIDATED FINANCIAL STATEM
Page 63 and 64:
CONSOLIDATED STATEMENTS OF INCOME F
Page 65 and 66:
CONSOLIDATED STATEMENTS OF CASH FLO
Page 67 and 68:
(1) Restated in accordance with IFR
Page 69 and 70:
Exchange differences arising on mon
Page 71 and 72:
term growth rates for the period be
Page 73 and 74:
Other financial liabilities With th
Page 75 and 76:
NOTE 3 - CHANGES IN GROUP STRUCTURE
Page 77 and 78:
In 2004 and 2005, restructuring cos
Page 79 and 80:
The difference between the French s
Page 81 and 82:
Fair value of options granted and i
Page 83 and 84:
Dilutive impact of the June 24, 200
Page 85 and 86:
Net value of goodwill At December 3
Page 87 and 88:
Reconciliation of the acquisition c
Page 89 and 90:
Deferred tax liabilities at Decembe
Page 91 and 92:
Total accounts receivable net of ad
Page 93 and 94:
Upon early redemption, the bonds ma
Page 95 and 96:
The facility agreement includes cov
Page 97 and 98:
Cap Gemini S.A. pays a variable rat
Page 99 and 100:
B) Analysis of movements in provisi
Page 101 and 102:
F) Contributions to plans in 2007 T
Page 103 and 104:
NOTE 20 - CURRENT AND NON-CURRENT P
Page 105 and 106:
At December 31, 2006, commitments r
Page 107 and 108:
Results for 2004 break down as foll
Page 109 and 110:
At December 31, 2005, assets and li
Page 111 and 112:
NOTE 27 - NUMBER OF EMPLOYEES A) Av
Page 113 and 114:
NOTE 29 - LIST OF CONSOLIDATED COMP
Page 115 and 116:
Country Consolidated company % inte
Page 117 and 118:
FIVE-YEAR FINANCIAL SUMMARY in mill
Page 119 and 120:
STATUTORY AUDITORS’ SPECIAL REPOR
Page 121 and 122:
STATUTORY AUDITORS’ SPECIAL REPOR
Page 123 and 124:
TEXT OF THE DRAFT RESOLUTIONS PRESE
Page 125 and 126:
Ninth resolution Authorization to b
Page 127 and 128:
Meeting may decide to appropriate a
Page 129 and 130:
Proposed renewals of financial auth
Page 131 and 132:
Changes in the Company’s capital
Page 133 and 134:
CORPORATE GOVERNANCE To avoid repet
Page 135 and 136:
MEMBERS OF THE BOARD Yann DELABRIÈ
Page 137 and 138:
MEMBERS OF THE BOARD Phil LASKAWY D
Page 139 and 140:
DIRECTORS’ INTERESTS This informa
Page 141 and 142:
Fees paid by the Group to the Statu
Page 143:
CROSS-REFERENCE TABLE To facilitate
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CONTENTS - Capgemini

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