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BOUYGUES 2005 A N N U A L R E P O R
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CONTENTS Chairman’s statement 2 M
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CHAIRMAN'S STATEMENT cellent year f
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Bouygues Telecom Tons directs Logot
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with the announcement of our annual
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KEY FIGURES FINANCIAL HIGHLIGHTS (
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NET DIVIDEND PER SHARE: €0.90 (up
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Business activities Bouygues Constr
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ACTOR > Excellent commercial and fi
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uildings and offices was stable, wi
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Gautrain link project, South Africa
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PROPERTY DEVELOPER > Further growth
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• the Allée des Oliviers in Mont
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Poland, which generated sales of
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IN ROADWORKS > Sharp rise in sales
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the performance of contracts under
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Two major projects were completed i
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SION GROUP IN FRANCE > Biggest incr
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eginning to tire. The subsidiary’
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ments and very good viewing figures
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Bouygues Telecom Tons directs Logot
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Bouygues Telecom Logotype BT Quadri
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Bouygues Telecom Logotype BT Quadri
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Bond issue On 22 July 2005, Bouygue
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Sustainable development Sustainable
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PMENT IN THE GROUP Our culture is r
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THE GROUP diseases at the Treichvil
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culty to enter the labour market, e
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ing position in this area. While th
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Bouygues Bâtiment Ile-de-France, f
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Private Construction QSE ® plans T
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erly constructed, supervised, teste
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teams. The workforce increased by 2
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The sustainable development committ
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Internships and apprenticeships App
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■ Internal communication: promoti
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ing and construction waste. In 2005
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Nanotechnologies to support technol
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Messages for children on TF1 After
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tional risks in order to raise awar
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Example of the local impact of the
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Bouygues Telecom Tons directs Logot
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Bouygues Telecom Tons directs Logot
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Bouygues Telecom Logotype BT Quadri
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Bouygues Telecom Logotype BT Quadri
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Bouygues Telecom Tons directs Logot
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Bouygues Telecom Logotype BT Quadri
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its transmitters. Thus, if a radio
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dual exchange rate risk arising fro
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Interest rate hedging Maturity 2006
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competition undertakings relating t
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assessments. The Group uses all leg
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Innovation, research and developmen
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H AND DEVELOPMENT • modelling (ha
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Legal and financial information Cor
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DEPUTY CHIEF EXECUTIVE OFFICERS Exp
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Expertise / Experience Principal po
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Expertise / Experience Principal po
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Expertise / Experience Principal po
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Expertise / Experience Principal po
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devoted an item on its agenda to a
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1.3.3. Selection Committee The Sele
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is a centralised and formalised sys
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Challenger Express, intended for se
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A. Dupont P. Le Lay Y. Gabriel A. P
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2. REPORT ON THE ALLOCATION AND EXE
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SHARE OWNERSHIP 1. CHANGES IN SHARE
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STOCK MARKET 1. BOUYGUES ON THE STO
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CAPITAL 1. GENERAL INFORMATION 1.2.
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2. ADDITIONAL REPORT ON THE USE OF
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Transactions carried out other than
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2. FIVE-YEAR FINANCIAL SUMMARY CAPI
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- Page 147 and 148: MISCELLANEOUS INFORMATION Date of p
- Page 149 and 150: MISCELLANEOUS INFORMATION Date of p
- Page 151 and 152: 7 November 2005 from 31 October to
- Page 153 and 154: Financial statements CONSOLIDATED F
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- Page 159 and 160: NOTE 1: SIGNIFICANT EVENTS OF THE Y
- Page 161 and 162: ■ Business combinations Business
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- Page 165 and 166: 2.8. Financial instruments Some gro
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- Page 169 and 170: 3.2. December 2004: financial state
- Page 171 and 172: 3.3. 31 December 2004: comparative
- Page 173 and 174: 3.5. 31 December 2004: transition o
- Page 175 and 176: 4.2. Movements during the period 4,
- Page 177 and 178: 4.2.3. Goodwill 4,618 ■ Movement
- Page 179 and 180: 4.2.5. Other non-current financial
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- Page 185 and 186: 2 - Fair value remeasurement reserv
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- Page 191 and 192: Information about construction cont
- Page 193 and 194: NOTE 15: INCOME TAX EXPENSE (570) 1
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- Page 203 and 204: 20.2.2. Defined-benefit plans ■ N
- Page 205 and 206: 20.3. Employee share ownership NOTE
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- Page 211 and 212: PARENT COMPANY FINANCIAL STATEMENTS
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- Page 215 and 216: Estimated useful lives and deprecia
- Page 217 and 218: NOTE 7: COMPOSITION OF SHARE CAPITA
- Page 219 and 220: NOTE 14: GROUP TAX ELECTION AND INC
- Page 221 and 222: Annual general meeting of 27 April
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- Page 225 and 226: This delegation is granted to the B
- Page 227 and 228: AUDITORS' REPORTS AUDITORS’ GENER
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- Page 231 and 232: Agreements to buy and sell Bouygues
- Page 233 and 234: AUDITORS’ REPORT ON THE REDUCTION
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- Page 237 and 238: Consequently, we ask you, subject t
- Page 239 and 240: I. Analysis of the relative value o
- Page 241 and 242: DRAFT RESOLUTIONS 1. ORDINARY PART
- Page 243 and 244: plies with a code of conduct recogn
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CERTIFICATE OF RESPONSIBILITY Havin